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politicsnation. today from essence festival in new orleans. tonight s lead, justice not served. less than a week after the nation marked the first anniversary of roe s reversal, our conservative majority supreme court handed down a series of regressive decisions. collectively ruling against young and vulnerable people in a diversifying nation. on affirmative action, decades of transformative tools for underrepresented, specifically black kids seeking a higher education. the court left them to their own devices. on president biden s plan to apply a modest relief to suffering student borrowers, the court ruled that the administration had overstepped its bounds. and on lgbtq rights, the court insisted that the right to deny business on religious grounds can be protected as freedom of speech. president biden yesterday after days of responding to these judicial attacks on social progress, laid the blame for this week s decision at the feet of conservative lawmakers and the j ....
up even the price of oil has gone up a little. so what is going on? well, investors are looking ahead to the latest us inflation data which is out later today. the consumer price index figures will be closely watched by the us federal reserve as it begins its twoday meeting to decide on its next move on interest rates. consumers in america feeling more confident inflation is on its way down, according to the latest by the federal near term inflation expectations and for two years. the survey is a closely watched metric, because of consumers believe inflation will fall, they will already adjust spending patterns in anticipation of what is to come. those consumer expectations happen to die pretty closely with what economists are expecting for the latest inflation figures. they will likely show inflation went up slightly month over month but it will drop year over year. month but it will drop year overyear. numbers month but it will drop year over year. numbers like that w ....
and driving hands free around the streets of london, we take a look at the driverless car that may be a gamechanger. let s now get down to business. let s start in the us, where it looks like interest rates will be headed higher and higher. speaking to a senate committee the chair of the federal reserve, jerome powell warned more action might be needed to stabilise prices and tame inflation. many analysts had been expecting another quarter percent rise when the fed meets later this month, but now some are predicting an ever bigger increase. investors didn t like the news, as you can see it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell off after powell s comments. our north america business correspondent samira hussain reports from new york. last year, the federal reserve raised interest rates at the fastest rate since the 1980s and it seemed to have helped inflation a little but the labour market remains resilient. the lastjob through sp ....
,. won. president addressed americans black mayors and all mayors really in washington this. week touting policy wins on infrastructure, and the economy, at the midway mark of his presidents return. moving ahead in the next two years, and already challenges. republicans in the house are clamoring to use their new majority to investigate the president s handling of classified documents. and to put his department of justice under the microscope. just two days ago, the nation hit its debt limit setting up a high stakes confrontation over government spending. it is a battle president biden will have to face without his veteran chief of staff, don klain. nbc has learned, klain will leave his post in the coming weeks according to two sources. all of this, as we mark the 50th anniversary of roe v. wade, this weekend. seven months after the landmark ruling protecting abortion rights at the federal level was overturned by conservative dominated supreme court. it is another hot ....
nbc has obtained a copy has already condemned systemic failures and egregious poor decision making on the part of nearly 400 local state and federal law enforcement officers on the scene. at robb elementary on may 4th. let s go to nbc news correspondent, priscilla thompson. priscilla, you ve been in uvalde speaking with parents and anticipating where we may hear from this report that they just released. what are some of the big takeaway so far? one of the things that you already mentioned, the sheer amount of the police presence that was here on that day. we re talking about hundreds of officers from nearly two dozen agencies, from federal, state and local law enforcement. the majority of them where texas department of public safety and border patrol. we are also learning about what happened in regards to the incident command. there was a lot of talk over the past several weeks over the school police chief, pete arredondo, being the incident commander. what is clear in ....