sphwrfnlgt also documents.he pence documents, th he stunning news that he, too, had files marked classified found in his indiana home, despite what he told cbs s robert costa just one weekt he to before their discovery. ticketmaster facing swiftcketmat justice on capitol hill. senators grill executives about the taylor swift ticketing fiasco that left her fans out in the cold. nd, an american woman becomes the greatest female world cup skier of all time. this is the cbs evening news with norah o donnell, reporting from the nation s capital. o donnell: good evening to our viewers in the west and thank you for joining us on this busy tuesday night. at this hour, new developments in that classified document crisis. cbs news learning just today, more materials were found. this time at the home of formeri vice president mike pence. the search prompted just days after pence told our own cbs srd robert costa that he was confident that he had not made the same mistake as pr
than expected last month. our economics editor faisal islam has been to rustington, in east sussex, to find out if people are feeling any better about their finances. on about their finances. the on about theirfinances. the high on about their finances. the high street, on about theirfinances. the high street, shoppers can on the high street, shoppers can feel inflation is coming but the feelgood factor the prime minister will depend on in a general election remains elusive. , ., . , in a general election remains elusive. , ., . elusive. some products are auoin elusive. some products are going up. elusive. some products are going up. some elusive. some products are going up, some products. elusive. some products are l going up, some products are plateauing. it isjust going up, some products are plateauing. it is just not a good time for everybody. i good time for everybody. i think things are still going up ust think things are still going up just slightly less faster. g
we start in the us, where shares of meta, hello. if you are justjoining us, you are in time with the top business stories. we start in the us, where shares of meta, the owner of facebook, instagram and whatsapp plunged in after hours trading after its forecasts disappointed wall street. investors are concerned the huge amount meta is spending on artificial intelligence may not translate into higher profits. let s show you the details. when it comes to how much money meta is making, profits came in at 12 point $4 billion in the first three months of the year. that s more than double the amount it made this time last year, and better than expected. but here s one of the numbers worrying investors, meta expects its costs to rise to almost $100 billion this year, as it invests heavily in al and virtual reality. coupled with a forecast that revenues will barely grow in the current quarter that sent shares plunging some 13% in after hours trading. wiping as much as $160 billion off
we ll break down what this means for asylum seekers and why the biden administration is now shifting towards tougher measures along the border. plus, the jury is set in hunter biden s federal gun charges trial. we ll go over what to expect as opening statements are slated to begin later this morning. and also ahead, house republicans grilled dr. anthony fauci on capitol hill yesterday as they continue to investigate his response to the covid pandemic. we ll play those intense exchanges and show you how fauci pushed back. good morning and welcome to way too early on this tuesday, june 4th. i m jonathan lemire. thanks for starting your day with us. and we ll begin this morning at the white house where president biden is expected to sign an executive order later today that would shutdown the southern border where daily migrant crossings between legal points of entry exceed 2,500 people. according to three sources familiar with discussions under the order the border would
and those trump promises pushing wall street to more record highs. and as president trump orders a review of the financial rules designed to stop another nightmare on wall street, we ll be getting the inside track from our economics editor kamal ahmed on that and the rest of the stories he s been covering this week. as snow hits new york city, how much do you think it costs to clear an inch of the white stuff off the streets? one dollar? one hundred dollars? a million dollars?! we ll give you the answer at the end of the show. just use the hashtag bbcbizlive. welcome to the programme. we start in the us where, as you ve been hearing, japan s prime minister shinzo abe meets president trump later. trade will be high on the agenda. remember, one of mr trump s first actions as president was to withdraw from the 12 nation trans pacific partnership trade deal signed by obama and strongly supported by the japanese. mr trump called it a ‘terrible‘ dealfor the us. he wants a f