Speaking before squeezed by massive bills, there is still Spending Power out there. A lot of our customers are probably a bit older, so we dont feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. Does it feel like we are getting green shoots . I dont feel that there is green shoots, no, no. I dont feel that there is green shoots, no, no. I feel we are in a holding pattern. It could go either way. Today, the Bank Of England said the tough medicine was beginning to work. Less tha n less than two years they have over 14 steps raised Interest Rates to the highest level in 15 years in an attempt to drain Spending Powerfrom the Spending Power from the economy. The period of near zero Interest Rates now consigned to history with the bank warning that rates could remain at this level for some time. If you asked the question, yes, and when are rates going to come down . My answer is we are going t
standard, and i used to be deputy chief of the criminal division in the southern district of new york, i wouldn t have touched a guy like michael cohen, especially if he s a convicted perjurer. that s robert costello after testifying in manhattan yesterday, and he could be the last witness the grand jury hears from before voting on an indictment for the former president. we ll break down what s next in the case in just a moment. meanwhile, more members of the oath keepers are held accountable for the violence on january 6th. and also ahead, what we re learning about the first face-to-face meeting between chinese president xi jinping and russia s vladimir putin since the invasion began. began good morning, and welcome to way too early on this tuesday, march 21st. i m jonathan lemire. thanks for starting your day with us. we ve got a lot to get to. we ll begin this morning in new york city, and the manhattan district attorney s office ahead of a possible criminal indict
now, for the business news, i m victoria valentine. we start in the us where there is more evidence that, after tens of thousands ofjob cuts, big tech is pulling out of its post pandemic slump. amazon is the latest to reveal it s making much more money than wall street was expecting. sales hit more than $127 billion in the first three months of the year, and the online retail giant says that figure will be higher in the current quarter. it comes after alphabet, the owner of google and youtube, and meta, which owns facebook and instagram, both surprised investors with better than expected results. samira hussain reports from new york. this over the last year and is on has been aggressively cutting costs to help with profitability. it has already laid off 18,000 people and is currently about to eliminate another 9000 jobs. currently about to eliminate another 9000jobs. it currently about to eliminate another 9000 jobs. it would appear that some of those measures are already pay
enough time to pick up a cup of coffee or go kite-boarding. we ve been literally talking about their trip longer than it lasted, it was that brief. on the other hand, so was the moon landing. so was the wright brothers first flight at cu kittyhawk. those brief hours they spent on martha s vineyard changed history and left what they re calling an indelible mark on the people who live there. they enriched us, said one resident. we were happy to help them on their journey. unfortunately that journey ended abruptly at a military base at cape cod where our venezuelan brothers and sisters are held against their will, prisoners in a country they thought there was own. kite-boarding is out of the question. just a bitter dream at this point. the people of martha s vineyard knew this was going to happen. and yet, none of them thought to tell their venezuelan brothers and sisters before it happened. quote, i kept telling them it was like a dormitory, jackie stallings, who lives on the
outlook. get as much support as you can in a situation like that. niagara parks lit up the parks in blue to show support. that s my intention, we are working out the details now. president biden does intend to visit the southern border next week. doing it because is he forced to not because he wants actual solution. most of my movies the machines were the enemy. but today they found ways to use technology as an ally. i am your ultimate companion. one more time steve: yep, one more time. they re going to go ahead and gavel things in today at noon in that building and for one more time they will have another vote. and, you know, maybe we re closer. we don t know. yesterday we thought we might be closer. not the case. anyway, it is a thursday. it is january 5th at 55 degrees down in washington, d.c., a beautiful day. they re going for 66 and it s going to be cloudy. ainsley: that song always reminds you of something. a restaurant in new york and palm be