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also come together on immigration. make it a bipartisan mission once again. a major theme in last night s state of the union, president joe biden calling on a divided congress to work together and pass legislation on several key issues. however, some members of the gop decided to make a scene during the speech heckling the president over the budget and the border. and then there was george santos who found himself in a tense exchange with of all people republican senator mitt romney. we ll show you what romney had to say about the freshman congressman who s facing multiple legal investigations. good morning and welcome to wail on this wednesday, february 8th. i m jonathan lemire. thanks for starting your day with us. president joe biden delivered his annual state of the union address last night before a newly divided congress. speaking for just over an hour, biden touted his administration s accomplishments while repeatedly stressing that the job isn t finished ....
announcement about his future in the nfl. announcer: this is nbc nightly news with lester holt good evening after suffering a dehumanizing death helplessly beaten in the street, the life and the person that was tyre nichols was celebrated in a memphis church today a funeral that portrayed nichols as more than a victim of a shocking act, but also a father, a skateboard enthusiast, a photographer the service, however, was also a public outcry for police reform, attended by other families who have lost loved ones to police. also in attendance, vice president kamala harris who said this violent act was not in pursuit of public safety on that note, we have learned more about the five officers charged with nichols death, including the disciplinary histories for four of them as an apparent disconnect emerges between police accounts of the confrontation with nichols and what is seen on video recordings priscilla thompson leads us off tonight reporter: tonight, songs ....
happening now, joe biden and house speaker kevin mccarthy can just wrapped up their first high-stakes talks on raising the nation s debt limit. mccarthy telling reporters moments ago that he thinks he and the president can find some common ground. also tonight, mourning in memphis, as tyre nichols is laid to rest three weeks after he was brutally beaten by police. we ll take you inside the emotional funeral and the urgent outcry for police reform. and cnn is in the trenches with ukrainian soldiers on the eastern front, as officials in kyiv warn that russia is gearing up for maximum escalation of the war. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. stories. important developments in the debt limit showdown right now. joe biden and house speaker kevin mccarthy just wrapped up a very high stakes meeting at the white house. their first face-to-face since mccarthy won the gavel. our reporter i ....
Mom! for a great low rate, and nearly 60 years of quality coverage make the right call and go with the general. time now for business and for that let s bring in cnbc s who jones us live from london. investors are hoping for a soft landing for the economy after we heard from federal chair jerome powell yesterday who said interest rates are likely to continue to rise. how s the market reacting this morning? yeah, i think the keyword there is hope, john. we did see a positive market reaction yesterday, can this after comments from the fed chair jerome powell that the disinflationary process has begun, but he did say it could take a long time before inflation gets back to target and rates will have to move up even higher than what the market is expecting. ....
Catie beck, thank you. the fed raised interest rates for the eighth time since march and chairman jerome powell s comments that inflation is easing helped send markets higher brian cheung is here lay out the landscape for us reporter: lester, three takeaways from today. one, chairman powell was quite clear that rate increases will continue in order to get inflation down and does not foresee cutting rates this year two, he said unemployment will likely need to rise from the 50-year low where it is today as rate increases deliberately slow the economy, and you can see the challenge the fed has in the numbers out today, a surprise increase in december to more than 11 million open jobs. three, the bright spot, powell said the disinflationary process started, not prices going lower, that would be deflation, but the pace of price increase is slowing. lester, that s what the fed is going for. brian, thank you. saving jobs was the core of the government s covid relief program, but some ....