On this just moments ago. Listen here. And the president has said he wished he didnt call this the Inflation Reduction Act. What should you call it . Well, he said following that sentiment because i think its a complicated bill that it also has reduced costs and i think its very important to note that both on healthcare and as i noted on the energy side we have already seen costs coming down. John are they . I mean, gas is nearly four bucks a gallon again. Gillian home prices are up. John are americans really feeling any relief as john suggests they are . Im john roberts. Good to spend another hour with you. Gillian you as well, john. Gillian turner in for sandra. Trying to narrow Donald Trumps polling lead. John only one clear frontrunner and that is the former president. Florida Governor Ron Desantis and tim scott are the two main contenders for the top spot. Gillian the majority of Republican Voters agree trump is in the best position to beat trump in the general, 28 are arguing for
[laughter] ashley thank you very much, charles. By the way, i drove a jalopy, and it wasnt a collectors item. Its been a gradual and small downturn, stocks slowly retreating right up until 2 p. M. Which is when the Federal Reserve released the minutes from its policy meeting last month. The reaction has been pretty mute after the minutes revealed what we already knew, that the Federal Reserve is still fully daydependent, and its next meeting will remain a live one with inflation still too high. They also, the fed appears a bit divided, theyre not on the same page. The minutes also a reaffirming that the fed does not see a mild if recession at the end of this year, but theres still significant probability for one in 2024. But it is the retailers that are making some of the biggest market moves with a surprising day in the green for target despite cu cutting its fullyear earnings forecast. Now investors also happy with tj maxx and marshalls participant Tjx Companies which beat on the top
Retailer tesco to announce it overstated profits by over 400 million. The g20 finance ministers are wrapping up meetings in australia saying they are close to adding an extra 2 trillion to the economy, but the group is warning that europes slowdown remains a major stumbling block. And it is playing out if we take at what is happening with the u. S. Equity futures. Right now the dow futures are down by 28 points below fair value. The s p futures are up by 7 points. Although, andrew, this is an improvement from earlier this morning. Yes, it is. Thank you for that. As joe was telling us, it is a merger monday. Its already shaping up to be a busy monday for deals. Just crossing the tape this morning, germanys merck buying sigmaaldrich. That company is valued at 17 billion. Thats a huge deal. We have both executives from both companies to join us first right here on cnbc and well have that interview at 6 40 a. M. Eastern time. Also, it is official, siemens is buying u. S. Oil field maker dr
Start your morning tomorrow. Morning low temperatures will be in the low 20s, mid 20s, quakertown. Teens up in the poconos. 27 for the morning low in trenton, mt. Holly. 27 north east philly. Mid 20s doylestown and we still expect temperatures here to be below freezing. 27 vineland, 27 in doverer and around the philadelphia area and surrounding suburbs. Tomorrow morning, we will be in the upper 20s. The cold does not stop here. Im also watching our next chance for a possible chance of Colder Weather coming in. Its friday night and that didnt stop people from venturing outside. Workers trying to fix area roads before our cold stop. Live from mayfair, luanne . Reporter weve been watching the temperature drop on this temperature clock the last half hour. Weve seen it go from 37 to 35, there you go. People definitely bundled up whether theyre working or playing or dealing with a cold reality. The dip in temperature seemed a perfect compliment to the parade of the oldest calvary in the unit
A former polish foreign minister. Thanks washington, hinting that with sabotaged a russian guest. Apply with germanys opposition. The day is course to apologize for labor in ukrainian refugees as a social tourist, a comment that sparked outrage and burdens National Parliament with hello and welcome to international. Were coming to live from our headquarters here in moscow. Its just gone for an afternoon. Thanks so much for joining us. Well now until our top story, the vast majority of voters in the independent on bus and to break away ukrainian regions have cost their ballots in favor of joining russia are taping to the latest on the referendums in the republics of the next couple of guns. And the regions of the up of osha and haas on final results in the dentist for public indicate just over 99 percent voted to join russia with the la guns for public showing 98 percent voting in favor in the regions of separation, his own pulling results showed 93 percent and 87 percent respectively.