also, we re standing by for the first exit polls on this election night in america. and watching the extremely close and consequential governors race in virginia. and we re also expecting a vote at any moment now that could move 28 million american children just one step away from being eligible for a covid-19 vaccine, possibly as soon as tomorrow. welcome to our viewers in the united states and around the world. i m wolf blitzer and you re in the situation room. this is cnn breaking news. we re live in scotland where world leaders have wrapped up their portion of the united nations climate summit. and president biden in his final remarks just a little while ago making breaking news saying for the first time he believes holdout democratic senator joe manchin will back his massive spending plan. our chief white house correspondent kaitlan collins is with me here in scotland. the president said and i m quoting, i believe joe will be there. you heard it. i heard it. this i
senator lindsey graham will weigh in. john: gross domestic product, weakest quarter since the pandemic began, fears of a recession. good to be with you again. sandra: a lot of angles, great to be with you, this is america reports. g.d.p. number john just referenced fell at a pace of 1.4% to start the year. expectations were for the economy to at least grow slightly in the first quarter of this year, and today s news is the latest in a series of economic crises that this white house continues to face. john: soaring inflation, high gas prices and unpredictable supply chain. now brand-new polling shows inflation is the top concern for american voters, and fewer and fewer of those voters trust biden to get the economy back on the right track. sandra: fox team coverage begins now. charles payne in a moment. john: jacqui heinrich at the white house. we just heard from the president a little while ago, overall does not seem too concerned. significant economic slow down
investment platform. thanks bro. thanks for joining thanks forjoining us. mortgages cost more so it is a bit of a vicious cycle for first time buyers? it is, yes, and there is a bit of respite for people looking to get onto the property ladder but they have still got very high costs of borrowing and it will still cost a lot to afford the mortgages once you have got on the ladder and it still costs a lot of money for renting whilst you are trying to get on the ladder. but it is good news for people who are looking to get off the ladder and looking to use their housing as part of that so there is a bit of balance but i suppose house prices matter most when you are trying to change your position. for the vast majority it is a number that changes without us actually trying to change our housing position but i think the people trying to get on the housing ladder to make the first step are really feeling the squeeze right now. the numbers tell the story. 3.8% fall in july alo
japanese officials say at least 48 people have died and many others are trapped beneath rubble, after a powerful earthquake. ukraine suffers another intense night of russian bombardment, leaving at least five people dead. ukraine s air defence claims 35 drones were shot down. time for a look at the business news now. tesla, the elon musk controlled car maker which pioneered mass market electric vehicles, has been relegated to second position in the global league of electric car makers. its chinese rival, byd has reported that it sold 526,000 cars in the final quarter of last year compared to 480,000 for tesla making it the world s number one electric car brand for now at least. erin delmore is in new york for us. byd said it is the biggest car brand you have never heard of in a recent advert i saw, but we are hearing more about them and other chinese electric vehicle makers who are shaking up the market. it is true. this news might shaking up the market. it is true. this