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christina, let me start with you with nuts and bolt, where do things go from here and what we re seeing in the market so far. that had been a question mark. i guess i should reference your song. i saw the sign. they saw the sign the fed was going to hike. the markets are reacting positively at the moment. the dow is up 1%. you re seeing the nasdaq in positive territory. the s&p 500 in positive territory. the concerning point is jerome powell, the chair fed is speak and they changed course and became more aggressive once they received the inflation data we got last friday showing our prices have climbed 8.6%. that s the highest we have seen since 1981. because of that big jump in inflation, the fact it s continuing to climb higher, the fed needs to get more aggressive and seems like they are most likely going to continue on this trajectory even a month from now. that will have a trickle effect on the economy. he s still speaking at the moment but here is what he had ....
benjamin netanyahu rejects a peace plan for gaza. trump supporters take to social media to share their displeasure after his conviction. we head to a key battleground state for reaction. i m nicole killion in allentown, pennsylvania, when sping voters take on the trump verdict. could it change minds for the white house? reporter: judgment day. doomsday author chad daybell is sentenced to death in idaho for killing his first wife and his then-girlfriend s two children. severe storms, heavy rain, damaging winds set to impact the west and south. we ll track it. heroes welcome. 80 years after d-day these americans return to france to visit the site of their greatest glory. and later, outlaw otter. she s back after evading capture in california. keep an eye on your surf board. announcer: this is the cbs weekend news from washington with adriana diaz. good evening, everyone. adriana is off. i m nancy cordes. we re following several developing stories tonight ....
i have a travel advisory for new york city, a very conservative or a republican or a trump supporte york citr. beware in the weaponized biden criminal justice system. well, political differences are now considered especially heinou, politis. h and if new york s powerful democrats hate your politicsei, well, a prison cell might well be in your future or some kind of conviction for something. well, that they make up withouts a second thought. well, those these democrats, a crie make up a crim conduct, a show trial rig, tri a conviction with a hand-pickea, biden donating judge, regardless of the evidence. if they could even explain i regardlet. and just hours ago, the former president of the unitehours agd states now running for a second term, donald j. trump, wasrunning fo convicted d felony counts and will be sentenced o h, a few daysa before the republican convention. how convenientfew days. but most americans, including people in that very courtroocano can t even ident ....
[ cheering and applause ] i agree. i know. that show was pretty good. happy thursday everyone. president biden is in italy for the g-7 summit. auto want to say joe was out of it but he says his first order of business is to meet chef boy he. every time he heard someone say g-7 he yelled bingo. they also awkwardly saluted the italian prime minister but in joe s defence he thought it was princess peach from the super mario brothers. sunday is father s day. or as hunter biden s abandon 5-year-old calls it, day. speaking of hunter, london roberts new book claims that joe s son kept his. and had sex with one of her young female friends. who do you blame for that, hun türkiye at bring around your young single friends to hunter is like. news organizations are preparing for the ways trump may punish the media if he wins the election. the punishment brian fears the most being sent to a camp where there is an exercise yard. according to recent reports a brooklyn supermarket ....
While the ranking from tallest to shortest changed for several peaks, van westrom says colorado dnd lose or gain any 14ers. as for the weather system it aced the test and that has implications for far more than 14ers status. the project involved recalculating sea level. sea level isn t ever exactly level, so if you can map out what that surface is, that s the new heights we re going to do for the entire nation. reporter: as part of the calculation noaa measured gravity across the entire united states. we would fly these grids. took 15 years to fly the entire nation. that tells us what the actual gravity is. reporter: using that and sophisticated gps scientists say they can now calculate heights within a couple inches anywhere in the u.s. including colorado s highest peaks. it s fun for the hikers it s important for the rest of the nation, but it s ....