it is tuesday, december 27th. don is off. we are glad to be here. what a day. you got home okay yesterday. yeah. but airports are insane so i feel for people like that passenger there, on hold over six hours. unbelievable. plans unravelled for airlines. more than 60% of flights already canceled today. the death toll is rising in buffalo, new york, after a blizzard crippled the area and residents are still digging themselves out of the snowstorm this morning. we re live on the ground where officials say conditions remain dangerous. and china taking a big step reopening its borders after shutting out much of the world nearly three years. the other covid restrictions they plan to lose ahead, plus this i m not a criminal. not here. not abroad, in any jurisdiction in the world have i ever committed any crimes, but he is admitting to embellishes his resume. congressman santos is admitted to lying about parts of his past but will still take office next week, though. an
reporter: the federal reserve just made history announcing that they re raising interest rates by 3/4 of a percentage point for the second meeting in a row. we haven t seen anything like that in back to back meetings in modern fed history, but we re not in nor times. we re dealing with the worst inflation inflation prices in 40 years. inflation remains elevated due in part to russia s invasion of ukraine and very high food and energy prices. so the fed is stepping in and acting like the firefighter. they re trying to put this inflation fire out. the goal here is to raise borrowing costs and try to cool off red hot demand, and that should hopefully allow supply a chance to catch up. but you know, officials also signaled that they re not nearly done with rate hikes. they said it would, quote, will be appropriate to continue raising interest rates. and here s the problem. they re raising rates into an economy that is already showing cracks here. in the new statement today, the
r your pillow. or opting for the cocouch. your best sleep. all night. every night. experience the mattresss ranked #1 inin customer satisfaction by j.d. power, four years in a row. research shows people remember commercials with nostalgia. so to help you remember that liberty mutual customizes your home insurance, here s one that ll really take you back. it s stomized home insurance from liberty mutu!!! only payor what you need. liberty. liberty. liberty. liberty. from liberty mutu!!! what will you do? what will you change? will you make something better? will you create something entirely new? our dell technologies advisors provide you with the tools and expertise you need to do incredible things. because we believe there s an innovator in all of us.
and we can help your business too. qualify your business for a big refund in eight minutes. .. .. go to getrefunds.com to get started. powered by innovation refunds. to tell you something? the clues are all around us. not that one. that s the one. at university of phoenix, you could earn your master s gree in less than a year for under $11k. learn more at phoenix.edu before we begi i d like to thank our sponsor, liberty mutu. they customize your car insurance, so you only pay for what you need. and by switching, you could even save $652. thank you, liberty mutual. now, contestants ready? go! why? why? only pay for what you need. liberty. liberty. liberty. liberty.
research shows that people remember ads with young people having a good time. so to help you remember that liberty mutual customizes your home insurance, here s a pool party. look what i brought! liberty mutu! they customize your home insurance. so you only pay for what you need! young people having a good time with insurance. young people. good times. insurance! only pay for what you need. liberty liberty. liberty. liberty.