nationwide calling for tighter gun laws. march for your life rallies are scheduled for today. some locations underway right now like in d.c. rally-goers reknewing cries for addressing the gun violence epidemic after a series of mass shootings and cnn is covering events across the country and i want to begin with brian todd at the capitol. hi, brian. things are just kicking off where you are? reporter: that is right, amara. the crowd gathering, several hundred strong with the riser and with the white house in the background. we ve talked to several people in the crowd about the general mood as we come out of the horrible shootings in uvalde and buffalo, and it is the mood of being fed up with the gun violence taking place in the country. especially lately. four years after parkland, a lot of them feel like enough is not being done. rackon brown is about to get up here and speak in a few minutes. and he s a survivor of gun violence in d.c. we should add. what is the message t
We start in the us, where shares of meta, hello. If you are justjoining us, you are in time with the top business stories. We start in the us, where shares of meta, the owner of facebook, instagram and whatsapp plunged in after hours trading after its forecasts disappointed wall street. Investors are concerned the huge amount meta is spending on Artificial Intelligence may not translate into higher profits. Lets show you the details. When it comes to how much money meta is making, profits came in at 12 point 4 billion in the first three months of the year. Thats more than double the amount it made this time last year, and better than expected. But heres one of the numbers worrying investors, meta expects its costs to rise to almost 100 billion this year, as it invests heavily in al and virtual reality. Coupled with a forecast that revenues will barely grow in the Current Quarter that sent shares plunging some 13 in after hours trading. Wiping as much as 160 billion off its stock market
Officers of the court to make good on that. thank you very much client. privileged explaining that ellie honing. thank you so much for explaining this also well, and i do apologize that you didn t get to talk to erica was supposed to be all jp that you were stuck with. you were gonna shut afterwards. wake up from now to this critical decision as we look at the fight against inflation so hours from now. we will learn if the fed chair has decided to hike interest rates again. and, of course, if that is a yes, the next question is by how much matt eagan joins us now, obviously, matt, this affects people. in so many ways, and it also be the first in most fulsome time that we ve heard from the fed since all this banking turmoil. what are you expecting? john and erica. you know, the fed is walking a dangerous tightrope right now raising interest rates in the middle of the banking crisis of risk making the banking crisis worse, but doing nothing here means they could be letting inflation heat
Neighbors. gabe cohen has more. the prices. the prices. reporter: 72-year-old joyce has seen inflation heat through her fixed income. $1,700 a month of social security. what has that done to your savings. it is gone, it is depleted. that is it. and if i could make it from one month to the other month, that is good. reporter: she was the assistant director of housekeeping at a large d.c. hotel before retiring ten years ago. now a widow. she s relying on food banks for the first time. and watching her power bills pile up. it is not a good feeling. i know i worked, i didn t take reporter: while inflation is hitting most americans, many retired seniors face an added squeeze for 10 million of them social security on average just over $1,600 a month is at least 90% of their income. and inflation is far outpacing this year s cost of living
U.S. inflation 7.9% in February! Month after month, the Fed has justified their ultra-easy monetary policy under the guise of "helping the poor." The truth: inflation hits the poorest the hardest – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.