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Transcripts For CNN CNN Newsroom With Fredricka Whitfield 20240707



alone. and they re expected to rise even further as we reach peak summer travel season. the high prices also driving inflation to the highest level since 1981. the consumer price index jumping 8.6% in may compared to the same time, same month last year. now the white house calling that staggering increase uncomfortably high. cnn s christine romans has more now on these troubling new numbers and how wall street is reacting. american consumers are still feeling the pain of higher prices for just about everything, but especially at the pump. look, the may consumer price index, that number up 8.6% from the year before. the fastest since 1981. and when you look at just the month, prices rose 1% from april to may, 1%, that s a big move in one month. core cpi, which they strip out food and energy which can be more volatile, that rose 6% from last year. prices across the board more expensive than last year. largely driven by shelter, the biggest yearly gain there since 1991. ....

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Transcripts for CNN CNN Newsroom With Fredricka Whitfield 20240604 15:22:00

For that brand. they don t want to take that risk because they think it s a mistake, a financial mistake. guess what, dick s sports goods didn t think that way. and they made it, and they made a difference. at some point all these ceos will be on our side. i can promise you that. once they discover that there s a whole nation waiting for that moment. you know, manuel, moments ago president biden tweeted this congress needs to ban assault weapons and high-capacity magazines, strengthen background checks, enact safe storage laws and red flag laws, repeal gun manufacturers immunity from liability. what do you think of this list? do you agree? is that enough? i agree, but let me tell you something we re talking about the president of the united states. i can tweet something, i don t have the power to call members of congress and senate, lock them inside a room, pull up my sleeves and talk about this ....

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