i m fredricka whitfield. thank you so much for joining us. new today, iraq is now summoning a top u.s. diplomatic official in protest of a barrage of punishing u.s. air strikes in the middle east. the u.s. says those strikes hit 85 targets linked to iran s islamic revolutionary guard quds force and affiliated militia groups in iraq and syria. the strikes a response to a drone attack in jordan which killed three american soldiers on sunday. iraq is claiming the explosions that just happened involving the u.s. killing 16 people, including civilians. u.s. defense secretary lloyd austin says the strikes are just the beginning of the u.s. response. iran says the u.s. has made a strategic mistake, while iraq and syria say the u.s. actions could inflame more conflict in the region. cnn has teams around the globe covering all of these developments. let s go first to cnn s ben wedeman in jordan. ben, these strikes were sudden, devastating. how are officials on the ground? how are thos
boom that s a live shot. sydney, australia where their clocks must be a few seconds off [laughter] it is a happy new year. there you go in australia. if you re watching us from there i hope you are then you are in a different year than we are. you re in the future. rachel: that s awesome. that s will: outstanding. pete: i recognize that symphony building i didn t recognize that bridge. they re doing it up right. rachel: that looks like a party. happy new year we re almost there. pete: would you times square ready to forget 2023. going to be dangerous. cold. talk about last year. warm in australia. joey: it is down under. glad to have joey jones with us this morning. rachel: crocodile dundee down here. spitting jokes during the break and they re making fun of me. if i would have known we were going to use these i would have brought my goose call i can make it sound like. rachel: should get the guys from duck dynasty next year. pete: we did rachel. down spares in the
that a deal can be finalized tonight. with regard to the debt limit, i think they re looking good, very optimistic. i hope we will have some cool or evidence tonight before the clock ticks 12, that we have a deal. but it s very close. and i am optimistic. i am hopeful we will know by tonight whether we re going to be able to have a deal. all right, so settle in. this might be a long night for us. white house and house republican negotiators and look closer to a deal in the last 24 hours as we reported last night. this morning republican house speaker kevin mccarthy had this to say. i thought we made progress yesterday. i want to be progress again today, and i want to be able to solve this problem. now speaker mccarthy has been given more time to solve this problem. treasury secretary janet yellen said today the protected debt ceiling deadline is now june 5th. in a letter to congressional leaders, secretary yellen wrote, during the week of june 5th, treasury is schedul
about credit conditions. major us stock indexes fell more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which, while still strong, is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that either ri