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ready to face-off. cnn is live in pennsylvania for the debate showdown between john fetterman and dr. mehmet oz. also tonight, president biden is warning russia that it would be a serious mistake to use a tactical nuclear weapon, vladimir putin raising new fears about his war plans as moscow doubles down on its disputed claim that ukraine is planning to deploy a dirty bomb. and corporate america turns on kanye west for his antis-semitic remarks. we ll take a closer look at the impact as adidas and the gap cut ties with the controversial rapper also known as yay. welcome to the viewers in the united states and around the world. i m wolf blitzer. you re the situation room. let s get straight to the midterm countdown right now. we re just, what, two weeks, two weeks out from election day. candidates in a slew of pivotal contests preparing to clash in high stakes debates tonight with millions of voters already casting their ballots early. cnn congressional corresponde ....
negotiators their due. he is meeting with them in the oval office. this case down to the wire with a source familiar with the negotiations telling nbc news the deal was reached early this morning after 20 hours of talks. there was, quote, a basic handshake at 2:30 a.m. and approval by the teamsters board at 4:30 a.m. it couldn t come at a more critical juncture as the biden administration tries to tame red hot 40 year high inflation with the midterms now just 53 days away. for some context about what a strike would mean for our economy, our web of railways are responsible for shipping about 40% of goods from grain to cars long distance across the u.s. a strike would cost our economy $2 billion every single day leading to empty shelves and higher prices for a public already feeling a price pinch. and just the last 45 minutes, transportation secretary pete buttigieg addressed the news while speaking in detroit. my appreciation to all of the parties that stayed at the ta ....
Negotiators their due. he is meeting with them in the oval office. this case down to the wire with a source familiar with the negotiations telling nbc news the deal was reached early this morning after 20 hours of talks. there was, quote, a basic handshake at 2:30 a.m. and approval by the teamsters board at 4:30 a.m. it couldn t come at a more critical juncture as the biden administration tries to tame red hot 40 year high inflation with the midterms now just 53 days away. for some context about what a strike would mean for our economy, our web of railways are responsible for shipping about 40% of goods from grain to cars long distance across the u.s. a strike would cost our economy $2 billion every single day leading to empty shelves and higher prices for a public already feeling a price pinch. and just the last 45 minutes, transportation secretary pete buttigieg addressed the news ....
Gallon $2.39 down 85 cents from this time last year. as for oil producers, they re understandably less thrilled. the reality, there s not enough global demand for three players u.s., russia, saudi arabia. despite the price pinch, opec is holding firm on not slashing production. christine romans is here to break it down, help us understand. hi there. let s start with the u.s. what are falling oil prices mean for the economy as well as jobs? the most immediate impact for the economy is people have more money in their pockets, maybe $100 more a month to spend. $100 billion in consumer pockets next year if oil prices hold. everyone expects it will. that s a direct stimulus. when you talk about producers, it gets sticky. we ve had big job production in texas,ed north dakota part of the country where we have produced more oil than we have in 30 years. as we produce oil, prices are ....
oh, you said it, because of the higher gas prices, brooke, analysts are pulling back on how much the economy will grow. you know, consumer spending drives two thirds of the economy and every dollar at the pump means less money on other things like going out to eat to, the movies, fixing up the house, and may re-think the vacation and remember the staycation when gas topped $4 ra ga gallon and we c see it happening again. and the jobs pictures, companies feel the price pinch and may hire less. it is a domino effect. alison kosik, thank you so much. while you and all of us, right, are making cuts here and there to pay for a tanning of gas these days, the federal government is doing some cutting as well. today, we are getting a first look at the specifics of the deal that was reached friday night to avoid the massive government shutdown. we go to my colleague brianna ....