At an annual rate of 3. 4 in april, down from 3. 5 in march. It doesnt sound much of a drop, but it was the first time this year that inflation has fallen as expected, suggesting the fed could finally be winning the battle against soaring prices. Heres erin delmore in new york. A banner day on wall street with all three major indexes closing at record highs. Thats right the dow, the s p 500 and the nasdaq all hit their highest levels ever. The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate
Challenged former President Donald Trump to join him for two president ial debates with new terms. Take a listen. Donald trump lost two debates to me in 2020. Since then he hasnt shown up for a debate. Acting like he wano debate me again. Well, make my day, pal, ill do it twice. Pick the date. I hear youre free on wednesdays. Joining us, monica alba and Vaughn Hillyard and amna nawaz, an msnbc contributor. So, monica, the president just accepted an offer. What is he now proposing . Reporter we understand that former President Trump has also committed to this date as well. Were learning june 27th will likely be when this debate takes place between former President Trump and President Biden in atlanta. It will be hosted by cnn, which Just Announced the terms have been agreed to in terms of, again, date and location by both campaigns. There is still a lot of open questions about some of the other components to a debate like this, which is taking place far earlier than other General Electi
Chris jansing reports. At this hour, two debates that could shake the final months of the race for the white house. Donald trump and joe biden agree to go one on one with a moderator no audience. Our brand new reporting at the back channel conversations that took place between the campaigns. Where is Rudy Giuliani . Prosecutors say theyre trying to serve him with an arizona indictment but they cant find him, and its not for lack of trying. Well explain. Plus weve got new details about the ship that caused the baltimore bridge collapse. What were learning about Power Blackouts on board the day before the accident. And markets rising to all time highs after the u. S. Releases a key inflation report. What it all means for your bottom line. Our nbc News Reporters are following all of the latest developments and we start with the date. At least tentatively set for the first biden trump debate of 2024. Nbcs mike memoli is at the white house. We just learned there have been these Back Channel
no way. a lot of money. no way. thank you, president. is this your mug shot? this is what we re reduced to, which could be the slogan for donald trump s campaign as his republican sycophants continue to kneel to the first ever felon to be a major party presidential nominee. first up tonight bump stocks turn guns into rapid fire killing machines. nonetheless the six leonard leo conservatives on the supreme court say they cannot be banned, leading to a scathing dissent fromjustice sonia sotomayor. but we begin tonight by wishing everyone a happy flag day, which commemorates the day in 1777 when the continental congress approved the stars and stripes as the symbol for an emerging if imperfect nation. and as there has been some confusion recently the american legion wanted to clarify that the flag should never be displayed with the union down except as a symbol of dire distress in instance of extreme danger to life or property. in other words, never upside down. if someon