biden desperately tries to deal with the skyrocketing inflation fueled at least partly, maybe greatly by record gasoline prices. white house correspondent jacqui heinrich has our top story tonight live from the north lawn. good evening, jacqui. good evening to you, bret. today president biden brushed off a gloomy forecast from former president obama s secretary larry summers says it s more likely than not that we will see a recession by the end of next year. biden has a different outlook after he says he spoke with larry summers this morning. but the white house is finding creative ways to ease pain at the pump. with sky high gas prices, team biden is reconsidering aned in they first tabled sending americans rebate cards. also eyeing a gas tax holiday. i hope i have a decision based on data i m looking for by the end of the week. a short-term solution one industry ceo says runs counter to the administration s broader strategy. they were really focused on demand destru
Is added. During mr. Raisis visit to pakistan, both sides signed 8 documents of cooperation. During the president s visit to pakistan, 8 joint cooperation documents were signed between the officials of the two countries. In various economic sectors, science and technology, agriculture, health, culture and legal and judicial issues, in the economic field, the creation of free trade zones at common border crossings and cooperation in the standard sector were among the most important documents. The action i took in the service of mr. Prime minister during a short trip to the border point was a demonstration from the cooperation of the country for the work of border trade between the two countries with border markets. In this socalled trip, we signed an agreement with the high investment board. Pakistan, which is in charge of the free zones in that country, is also the same board. God willing , we will start the expert work quickly so that we can create this zone very soon. During this tri
Intercepted by israeli, u. S. And other allies. The question now, what is next . Israelis is celebrate as they survive a night of terror with little damage on the ground. I believe we won today. We learned a valuable lesson. Israel will not go down without a big fight too. Now a flurry of diplomacy to stop the conflict from escalating but will speak with White House National Security Communications advisor john a kirby republican senator john kennedy of louisiana. Then. On monday and New York City ill be forced to sit fully gagged and not allowed to talk, do you believe it . This is what you call a communist show trial. President trump headed to court his new york hush money case. The first ever criminal trial of a former american president. Will speak with a member of tromso legal team attorney. What has happened here in arizona is a new inflection point. Shannon controversial ruling for a swing state highest court with the nationwide debate over Abortion Rights at front and center on
This morning. 1000 thiss off morning but recovered to a loss of only 100 points at midday only to fall again into the close as margin calls forced traders to sell stocks. Take a look at the close of gold and oil as well. Oil has really bring the big story. You can see it bouncing around. 38. 26 per barrel. Following, falling, 42. 69 per barrel. Thats a huge drop in that is currently closed for trading. Gold futures, curiously unchanged or little changed. 1154. 60. You would think investors fleeing first theyve are havens would look to gold. That did not happen. You would think they would look to the dollar as well. That certainly did not happen. I think one of the most interesting stories of the day was the weakness in the dollar. The dollar index was down at one point 2. 5 . The biggest drop since march 2009. 1. 15 for the euro. Morning asg dip this many people were looking for liquidity and more likely, people expect the fed not to raise rates in september. Lets get more insight on t
What chris had to say. Yesterday evening i noticed the fence was damaged, the plywood was damaged. I are didnt know why. I thought maybe something had hit it but i didnt really think too much of it. There was no vehicle visible or anything like that. Then you went and looked at Surveillance Video . Yes. Some of my saw my neighbor today and he had a video. What did you think when you saw it . Unbelievable that a car would go so fast and no indication of stopping. All was no sign, no indication that car, the driver of that car was going to stop. That video taken just before 5 00 yesterday morning. Live look now, divers from the nypd harbor unit kid go did go down in the water. This is early in the investigation but they did discover a man inside that car who was dead. In going on here. Again, if we have anymore information well bring it to you. Live in brooklyn, kemberly richardson, channel 7 Eyewitness News. What a story. Now to that decapitated body. Late this Afternoon Police identifi