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higher for what may be the most consequential news conference of president biden s career and his 50 plus years in public service. good evening. i m norah o donnell, and thank you for being with us. moments from now, the president will take questions in his first solo news conference in eight months, and we will bring that to you right when it starts. every word, every pause, every motion will be scrutinized, fairly or unfairly, as democrats way to go to key questions: can biden beat donald trump in november? and if he can, is he fit to serve another four years in the white house? american voters have been watching intently since the presidents are even debate performance two weeks ago today. and as the biden campaign tries to turn the page and turn attention back on donald trump, but so far with little success. we have team coverage tonight, and we are going to begin with cbs s ed o keefe at the white house. reporter: president biden kept a packed schedule today at t ....
noticeably higher a year ago, it was at 3.5%. the black unemployment rate that s moved up even faster. the rate that workers are quitting their job, and getting hired has gone down. now by, no means, am i saying the jobs market is imploding it s not but cracks have clearly emerged. fed chair jerome powell, he acknowledged as much yesterday telling lawmakers that the jobs market has quote cooled considerably. and he said, inflation is not the only risk we faced. that s why investors on wall street, they re betting and the fed is going to dial back that inflation fighting medicine by cutting interest rates. the market is pricing in a 73% chance of a rate cut not in this next meeting, but the one after that, the one in september now, economists, m talking to are warning the fed not to wait any longer than that. moody s economist mark zandi, he told me, quote, the biggest danger is a policy mistake that the fed keeps rates too high for too long right now, the fed is signal ....
more divided on president biden. live in new york summer gear on today. bill hemmer live. dana: summer now? bill: it feels like it. it will be flying by. dana: i have the fox weather app. i m dana perino, this is america s newsroom. the nancy pelosi news is interesting and calls herself a speaker emeritus. a growing number of democrats are calling on the president to step aside or predict he will lose in november and evidence to back it up. former speaker nancy pelosi was asked about that and not a vote of confidence. as long as the president has it s up to the president to decide if he is going to run. we re all encouraging him to make that decision because time is running short. the i think overwhelming support of the caucus, it s not for me to say, i m not the head of the caucus anymore. he is beloved, he is respected, and people want him to make that decision. not me. he has said he made the decision, firmly this week he is going to run. do you want ....
and thanks so much to all of you for being with us tonight. we ll see you back here tomorrow. ac360 begins. now tonight on 360 president biden says he s not going anywhere as another democratic congressman says, he should quit the race also tonight, new reporting that an expert on parkinson s disease made eight visits and eight months, the white house exactly why unclear and we re joined by two democratic lawmakers since sides the question should president biden bow out, including benny thompson, a critical member of the congressional black caucus meeting with the president. does evening. good evening. thanks for joining us. wouldn t congressman thompson joins us will learn how that meeting with this cbc went. today began. what could be a decisive week for president biden s viability as a candidate. he s defiant and determined to run. but it s hard to say his weak began especially well. democratic lawmakers returning to washington from the holiday recess were greeted ....
watch, pause and record live tv subscription free. start watching tv for free with tableau switching to tableau has really been a money saver without a monthly description was amazing. quarter today at tableau tv.com tonight on 360, president biden says, he s not going anywhere as another democratic congressman says, he should quit the race. also tonight, new reporting that an expert on parkinson s disease made eight visits and eight months, the white house exactly why unclear and we re joined quite two democratic lawmakers on opposite sides. the question, should president biden bow out, including benny thompson, a critical member of the congressional black caucus meeting with the president. does evening good evening. thanks for joining us. when congressman thompson joins us will learn how that meeting with the cbc went. today began. what could be a decisive week for president biden s viability as a candidate. he s defiant and determined to run, but it s hard to say h ....