I guess that s all right. All don t worry. Don t worry. There s more than enough of meoo to go around. Happy thursday, everyone. Sof me night in a primetime adds from the oval office, joe biden said it was time to step aside, which is the most exercise he s had in a while. In the roughly ten minute address, biden attempted to list his accomplishmentss tht [aat left him with 10 minute ls yeah, i ll take it. Pp i ll takke it. E. The during the address, biden said. He s passing the torch to the nexty th generation. But is that really necessary? it s not like young democratss o haven t already been doing a phenomenal job burning everything to thocratse. Yeah. Of course, joe has a long history with fire. Whenever he s in the people are always lighting matches, but still he s passing the torch. Guess he doesn t want to be. Or maybe he does. Skeptics claim the address live because the time on his watch didn t seem to match the of the speech. But at this point, who really knows? the white hous
He is freed from prison. Why the pennsylvania supreme court threw out his sexual assault conviction. And later, prince william and harry will unveil a statue honoring their mother, princess di diana. We re live for their closely watched reunion. In a matter of hours criminal indictments against donald trump s family business and one of its top executives are due to be unsealed. We don t know the specific charges yet, but sources say they are related to fringe benefits the trump organization gave to employees and whether taxes should have been paid on them. Paula reid has details. Reporter: a grand jury has returned charges against the trump organization and allen weisselberg. They are expected to contain allegations that both the company and employees likewise weisselberg didn t properly did crow perks doled out and did not pay proper taxes. The allegations here really stem from alleged tax crimes. It is very unusual to charge a company criminally for not paying taxes on company perks,
and the legacy of colin powell. should we admire him as a soldier and statesman? weapons of mass destruction or deride him for that u.n. speech? then we will check in on the troubling condition of afghanistan under the taliban two months after the fall of kabul. and with kati marton, we will discuss angela merkel s 16 years in office and what her pending departure means for europe s future. but first here s my take. are we returning to the 1970s as several commentators have recently claimed? there are surprising similarities, the humiliating withdrawal from afghanistan echoes the u.s. defeat in vietnam. prices are rising along with demands for higher wages, even as economic growth is stalling. a new economic superpower is challenging america s supremacy. back then it was japan, now it s china. on closer examination, however, 0 most of these analogies turn out to be superficial. but there s one where the powers are striking and that one should worry the biden admin
and restock empty shelves in th port of los angeles as it operates 24 hours seven days a week. a supply chain in shambles and rising inflation and skyrocketing gas prices. bill standing by to weigh in. madison s live at a supermarket in new jersey but first a long beach california were dozens of cargo ships are offshore waitin to be unloaded. this is the largest port in the us about 40 percent of all container traffic i can show yo why this is the epicenter of th supply chain crisis. right now about 50 ships anchored offshore waiting to ge in. there is no room for the containers if you look on the right side they are stacked three stories high why? because they are waiting on truckers to move them out in th truckers are not available. is why the white house is addin a third shift three -em-dash 7:00 a.m. hoping to reduce the backlog. people need to rise to the occasion we are doing our part and i know our partners are listing everything they can at this point in time. they
shortly. we ll get white house reaction shortly. bottom line, it improved the stock line today with the dow up better than 100 points. largely on optimism that we re not going to go belly up. take what you can get, my friends. welcome. so good to have you. this is your world. to chad pergram on what has changed and whether the reaction from the markets is warranted. chad? good afternoon. mitch mcconnell has just made an offer to senate democrats. this offer suspend the debt ceiling through early december or the gop won t left the debt ceiling. the senate majority whip dick durbin says he doesn t like using reconciliation for the debt ceiling and it s unclear if wall street is starting to get in the ears of both parties against the looming crisis. the debt ceiling needs to be addressed. the only issue is who does it. has the banking industry called you? i m sure we have heard from everybody and i m sure the democrats have as well. there was a trial balloon that dem