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KNTV NBC Nightly News With Lester Holt July 7, 2024



harry smith on the end of an internet era announcer: this is nbc nightly news with lester holt good evening today some tough medicine for an american economy racked by high inflation. the federal reserve raising a key interest rate 0.75% it s the biggest bump-up since 1994 a hike sure to be felt in the wallets of american borrowers. think higher mortgages rates and bigger credit card payments which we ll get into in a moment. what s it all about? the fed hopes the increase will start putting the brakes on inflation which is running at 40-year highs. gas, food, prices, you name it. it s all soaring investors liked the news today the markets rallying on the fed announcement policymakers weighing future increases while trying to steer around the risk of a recession. let s tell you what you need to know about all this starting with tom costello reporter: for days, the fed has telegraphed that it would go big today after acknowledging it should have acted sooner to r ....

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MSNBC The 11th Hour With Stephanie Ruhle July 7, 2024



and we are following the money the grift and where the hundreds of millions of donated dollars went, or didn t go, in that sham election defense fund. plus, today s historic rate hike from the fed, as inflation stays red hot. with the move means for the midterms. all of it when the 11th hour gets underway on this wednesday night. good evening once again, i m stephanie ruhle, live from the nation s capital. where tomorrow, the january six committee has its third public hearing, starting at 1 pm eastern. and this time, investigators are expected to focus on then vice president mike pence and the pressure campaign to get him to get joe biden out of the white house. committee aides say new evidence presented tomorrow will show how the efforts of his former boss, donald trump, led to the riot and put pence s life in serious danger. you ll remember the surveillance video of security rushing pence off the senate floor, as rioters chanted, hang mike pence. abc news has obtain ....

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MSNBC The ReidOut July 7, 2024



played to the attempts to overturn the 2020 election. today the january 6th committee released new surveillance video it says it shows congressman barry loudermilk giving a tour to tunnel entrances at a time when it was still closed to the public because of covid. the hours-long tour was given on january 5th, the day before the insurrection. in a letter to loudermilk, the committee points out these so-called guests seemed very interesting in photographing unusual aspects, like stairways, hallways and security checkpoints, not your average tourist pho ops. the capitol police chief says he s reviewed and saw none of the actions are suspicious. pennsylvania congressman brendan boyle tweeted. this is the stairwell i take to my office. in my eight years here, i have never seen a tourist take a picture of it. he told nbc news the committee is pushing a false narrative that has already been put to bed. but according to committee, that same guy you saw on the tour taking photos ....

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BBCNEWS The Context with Christian Fraser July 7, 2024



a breach of the minesterial code. tonight with the context, the spectator s deputy political editor katy balls and the republican strategist doug heye. hello, welcome to the programme. we have lived through an era of record low interest rates. for years, it was cheap to borrow, while the money put away in savings accounts earned us very little in return. but things are changing. today, the us federal reserve set out an increasingly aggressive approach to monetary policy as it confronts the highest inflation in the united states forfour decades. in the last hour, it raised interest rates by 0.75% which is the biggest jump in rates since 1994. and that has implications for all of us. here s the chair of the federal reserve, jerome powell. the current picture it s plain to see. the labour market is extremely tight, and inflation is much too high. against this backdrop, today the federal open market committee raised its interest rate by 0.75% in anticipation of ongoing incr ....

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CNN CNN Tonight July 7, 2024



opportunity to hear testimony about the events leading up to the insurrection, and donald trump s possible role in fomenting and pushing known election lies. known because even his family members and top republican aides were learning were adamant there simply was no there there. now, trump is not on any of these ballots. but the connective tissue is a platform that echoes his sentiments. but as much as the committee has tried to convey that what we saw on january 6th is a continued threat, the question is whether these hearings impact the voters at all. perhaps giving them any pause about electing a trump-backed candidate, assuming of course they even watched these hearings. and even still, the 2020 lies are casting a very big shadow over many of these 2022 races. particularly in south carolina, where the polls have now closed but votes are still being counted. so here s where that revenge part comes in again. you have two incumbent republican members of congress in th ....

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