Live Breaking News & Updates on Inflation Reduction Action
Stay updated with breaking news from Inflation reduction action. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
we are learning new details about the tragedy in connecticut. two officers were killed in the third critically wounded and what police believe was an ambush following a phone 891 call for help. critics say anti- police rhetoric is only making things more dangerous for the men and women in blue who risk their lives daily to keep us safe. correct alexis mcadams is live in new york city which much more on this tragedy. what a shocking thing to happen in connecticut. how many people in that committee are grieving the loss of the families who have to say goodbye to their loved ones but across the country though crime against police is up. and up a lot for the national fraternal order of police funding at all on failed policies and anti- police rhetoric. this comes as crime is more the top priorities for voters right now. just a sense of monday at least 12 police officers have been shot. four of them killed. you can see right there on the map the shootings happened in half ....
lucas: good afternoon, griff, for years the estimated number of illegal immigrants inside the united states was 11 million, now texas lieutenant governor says that could soon be approaching a number 3 times higher. we are approaches 10 to 15% of the total population of the united states will be here illegal by the time joe biden s first term is over. you have to understand this has been an invasion for a long time. this is a plan from the left. they want to bring people in, one day make sure they have citizenship so they can vote. lucas: as you mentioned, griff, this morning a chartered bus from texas showing up at the vice president s home after she called the border secure despite millions arriving this year. the white house thinks republicans are playing dirty tricks. here is jacqui. ending remain in mexico or title 42 had nothing to do with the surge we are seeing? let me step out for a second and lay out what we have done under this administration. 23,000 agent ....
li on the difference in 24 hours. susan? a new reality that inflation is higher and may stay elevated for some time. today s wholesale prices are the inflation that producers pay still much higher than a year ago. sure, coming down from the previous month. couple that with yesterday s consumer price jump and we re close to the 40-year highs and that s more than four times the way the federal reserves thinks is healthy for the economy. close to a third predicting a full 1 percentage point rate hike from the central bank. that could be the biggest central increase since 1984 when paul volcker was fed chair. before yesterday s report, that probability was at zero. elon musk weighing in. he thinks the federal reserve should cut interest rates because of the drop in lumber, cop per and oil. nobody is expecting a cut in rates until next year. stock market didn t recover much from yesterday s sell off. you have more job cuts by big technology companies. that s why some are c ....
neville. militants stormed a popular hotel into dozens, hostage for 30 hours before they counted end the siege. eric: president biden pushing accomplishments a little more ahead of midterms but even though gas prices have been dropping for more than two months now, nagging inflation, that continues to put a bite in our wallets. arthel: we have fox team coverage on all of this. alexis mcadams is live in new york city with the latest on the career criminal in sucker-punch case. first, we will start with peter doocy, live in delaware with the president. peter. peter: and, arthel, it s been interesting today to see how the administration is selling inflation reduction act. they did not book for the sunday shows any economists or members of the president s econ team to talk about mechanisms on how inflation is going to come down and when. instead they sent out other kinds of experts to talk about the other kinds of impacts, the major kinds of impact that is the inflation red ....
quicksilver record job market. businesses are investing in america at record rates. this is partly strongest rebound in american manufacturing and over three decades. that is not selling a recession to meet. let s bring in heaven he s a former chairman of the council of economic advisors and distinguish a visiting fellow at the hoover institution. great to see you my friend. you got inflation right you got the gdp numbers right, you said this is going to be a negative quarter, the second in a row. how bad is this, at least a stagflation not recession, how long is it going to last? it is a very bad. it s going to get a lot worse in the second half of the year, sadly. i think one of the reasons is going to get a lot worse as the biden administration is in denial and they re not pursuing policies that are necessary right now to help the fed out. what are the things they keep saying is we are not really in recession because the labor market is strong. but they re not re ....