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arizona. so who has the upper hand? let s go out front. and good evening, i m erin burnett. out front tonight, a victory for the rule of law. that s the words from the top two members of the january 6th select committee. after trump s long-time ally steve bannon was found guilty of contempt for refusing to appear before the committee. congressman bennie thompson and congresswoman liz cheney came out with a warning, for anyone else who tries to on strubt or stone wall their investigation, just as there must be accountability for all those responsible for the events of january 6th, anyone who obstructs our investigation into these matters should face consequences. no one is above the law. now bannon, i should note, is the first close aide to trump to be convicted as a result of investigations into the insurrection. he could face months if not a year in jail. after the verdict trump s former chief strategist lashed out at the committee. i only have one disappointment, an ....
intentional. let s go outfront. good evening. i m erin burnett. outfront tonight, the break news. stocks plunge. the dow closing down more than 1100 points today. that is the biggest loss since 2020, at the height of coronavirus, when there was so much uncertainty, no vaccine. the numbers were surging of the dead. this is the biggest drop since then. sit because the nation, one of the biggest retailers in the country, target, said it is getting crushed by inflation, which is hurting the entire country. the ceo saying costs have been rising much faster than retail prices. it was just yesterday that walmart stocks suffered its worst day since 1987. same reason, surging costs. the ceo telling investors, bottom line results were unexpected and reflect ton usual environment. u.s. inflation levels, particularly in food and fuel created more pressure. that pressure is hurting americans. it is outpacing any wage increases, and it is doing so everywhere. and the economy is ....