i will see you tomorrow. happening now, donald trump takes the stand in the civil seve defamation trial against him and what he said under oath and why the judge struck down his testimonies as they head into closing arguments. an unprecedented move to declare trump the presumptive gop presidential nominee siding with the former president and against his remaining opponent, nikki haley. i ll get reaction from the top haley supporters chris sununu. and breaking news, a record close on wall street after evidence of a booming u.s. economy with growth expectation and as he visits a key 2024 battle growth fund state and ramps up for his expected rematch with trump. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with donald trump on the witness stand testifying in one of the slew of court cases where the former president is now a defendant. cnn s kara scannell has our report. in an extra
at an annual rate of 3.4% in april, down from 3.5% in march. it doesn t 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. here s erin delmore in new york. a banner day on wall street with all three major indexes closing at record highs. that s right the dow, the s&p 500 and the nasdaq all hit their highest levels ever. the catalyst wednesday s consumer price index report which showed inflation rising less rapidly in april than we d 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 year s 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
Trademark of summer so far when we talk about the record-breaking high temperatures but also air quality. and in some parts of the country it is letting up, but many places are still being plagued by the smoke from those canadian wildfires, all of this developing or serving a rather dangerous one-two punch. with the heat dome covering the entire south from coast to coast, at least 11 states saw triple digit temperatures tuesday with five hitting record highs. phoenix has already made heat history shattering a nearly 50 year record of consecutive days topping 110 degrees. today will mark day 20 and the number is only expected to grow. 74-year-old george jett is a bartender in phoenix and says he s never felt a summer this hot this long. and says that it is not only uncomfortable, but increasingly unnerving. i think everybody should be concerned about what is going on right now. it is certainly an aberration.
The quote motherland. beijing warning walmart stores in the west not to remove products from china over human rights abuses? accusing china of running forced labor camps in countries northwest, home to millions of muslims and minorities. the number of children hospitalized with covid hitting record highs in the u.s. up to 378 a day week ending on tuesday. the omicron theory appears to be less severe than other strains in terms of symptoms, growing calls to get boosters and vaccines cleared for younger children. i m joined not by doctor a mesh of dollars, doctor at johns hopkins. put this in perspective, you are told kids were generally not at risk, do these kids have underlying morbidities versus something everyone needs to be concerned about? it s been true since the beginning of the pandemic,
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