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Transcripts For CNNW Early 20240706



c confirmed could happen as soon as june 1. manu raju has the latest. reporter: speaker kevin mccarthy has been pessimistic as talks have occurred on the staff level the past week to try to avoid the nation s first ever debt default. the white house has resisted calling for the national debt limit which is more than $31 trillion to be raised without any conditions whatsoever to avoid the prospects of the u.s. not being able to pay its bills. the house did pass a bill that included a host of priorities that democrats say is dead on arrival. so there is not much time left. in order to get a deal by that june 1 potential deadline to avoid the default, default could occur in the first couple weeks of june according to the treasury department or as soon as june 1. but he spoke to reporters on monday, and mccarthy made clear there is a long way to go. the way the president has ignored it for 100 days and he still hasn t taken it serious. reporter: even if they would to ....

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Transcripts For CNN CNN Newsroom Live 20240707



people outside 12 minutes before he went inside. we also have extremely emotional video of parents gathered outside robb elementary while the shooting was happening. some were screaming as you can hear at police to storm the building and save their children. vigils and memorials are giving families and the community a chance to grieve, but nothing will bring back the 21 people that they have lost. and we re hearing now fror the first time from the mother of the gun man. translator: i have no words. i have no words to say. i don t know what he was thinking. he had his reasons for doing what he did, and please don t judge him. i only want the innocent children who died to forgive me. what do you tell their families? translator: forgive me. forgive my son. i know he had his reasons. what reasons could he have had? translator: to get closer to those children instead of paying attention to the other bad things. i have no words. i don t know. cnn s jason carroll h ....

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Transcripts For CNN Early Start With Christine Romans and Laura Jarrett 20240707



reported, get this, a stunning 52% drop in first quarter profits, that was just a day after shares in the nation s largest retailer walmart had their worst day in 35 years. what is going on here? they have their fingers on the pulse of the american consumer and they say inflation was the problem, their customers are sticking to the basics when they come in, leaving with fewer items in their shopping carts. those purchasing decisions being driven by sticker shock of course. basics are getting much more expensive, gas up 44% the last year, car, food and shelter also way up. americans are also making more money. wages rising in this tight labor market, but that is also feeding into worries about inflation because of wages. and because of rising prices, people don t feel secure so they are cutting back and that is shaking market confidence. right now stock index futures are leaning lower. asia closed mixed overnight. looks like except for china all down here. let s bring in ....

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Transcripts For CNN New Day With John Berman and Brianna Keilar 20240707



nearly two years, the dow dropped nearly 1200 points, it came after target reported a huge 52% drop in profits for the first quarter, walmart slashed its outlooks. these stores are pocketing less money because they have to pay so much more to get product on their shelves. wal walmart s stock fell more than 11% on tuesday, the company s worst day since 1987. and then of course there are also gas prices to talk b now above $4 a gallon in every state in america for the first time ever. the national average this morning $4.52 a gallon and climbing and that ripple effect is now hitting markets around the globe. overnight european markets opening lower, stocks also tumbled in asia after wall street s hellish day. inflation fears now depressing investor sentiment, many ceos publicly stating their concerns about a possible recession, something fed chairman jerome powell is keenly aware of. what we need to see is inflation coming down in a clear and convincing way and we r ....

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Transcripts For CNNW The 20240702

Cnn news central. Shout out to my mom, whos right over there filming me right now. She doesnt want to be on camera, but shes shes good. Thanks. So much for joining us the lead with jake tapper starts right now americans may feel broke, but today they are not spending like it leads, starts right now a. Summer season kicks off With A Bang Record Travel is millions of americans put aside perceptions about the economy, at least for now. And President Joe Biden capitalize off this sentiment as the 2024 election creeps closer. And a horror story in haiti, an american couple of serving as missionaries, theyre killed by gangs. What were learning about the attack plus the future of Law Enforcement drones in danger zones, spotting Victims Zeroing in on bad g ....

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