plus the u.s. and russia debating a prisoner swap. antony blinken speaking with sergey lavrov. and a breakthrough on capitol hill. chuck shchumer and joe manchin striking a deal after a year of negotiations. there s a lot in this bill, including tax changes. we begin with major developments on the u.s. economy. the gross domestic product fell 0.9%, following a 1.6% drop in the first part of this your, blamed in part on the omicron surge, all of this adding to fears the u.s. could be in a recession. joining me to talk about all this, white house national economic director brian dees. good morning. thanks for taking the time this morning. happy to be here. two consecutive quarters of negative growth. every period since 1948 of two straight negative quarters of gdp has coincided with a recession. in every prior recession in the united states, we have lost jobs. and over the course of the year we have gained 2.7 million jobs. the unemployment rate is 3.6%. there s only be
This comes just hours before finding was set to expire, which would have affected millions of americans and their families. Theres lots to get to this hour. Lets bring in nbc news capitol hill correspondent ali vitali, and National Reporter sahill kapoor. And we actually heard Michael Bennett speak on the senate floor. What did he have to say . Thats exactly right. Because you will remember that just a few hours ago, we wondered if senator Michael Bennet of colorado would be the one to hold this whole thing up. And certainly, he did provide a hold for about an hour or so, over the idea that no ukraine funding was included in this continuing resolution. Bennett certainly not the only one who was upset to find that that money was not included here. But what he was able to do, by putting this temporary hold on, was extract from leadership, and both the democratic and republican sides, a statement which is sure there would be a future push on ukraine funding in the form of a supplemental.
tonight s last word. 11th hour with stephanie ruhle starts now. starts now tonight, the deadly strike at a refugee camp in gaza, amid an increased offensive by israeli forces, and the new warning from the fbi about threats here in the united states. then, the stunning prediction from a former white house lawyer as the former president continues to lash out online. and the house speaker, mike johnson, setting the stage for a showdown. his first major move since winning the gavel, as the 11th hour gets underway on this tuesday night. new greetings. i am symone sanders-townsend in for stephanie ruhle. tonight israel s war with hamas moves closer to some of gaza s most crowded areas. israeli militaries why ground operations are underway along with continuing airstrikes. today they knew claim that one of those strikes had refugee camp in gaza. israel says the target was a key hamas lead over the attack also reportedly under deadly impact on civilians in the area area. nbc s rich
but i did want to say what i just articulated. homeland security secretary alejandro mayorkas gets tonight s last word. 11th hour with stephanie ruhle starts now. tonight, the deadly strike at a refugee camp in gaza, amid an increased offensive by israeli forces, and the new warning from the fbi about threats here in the united states. then, the stunning prediction from a former white house lawyer as the former president continues to lash out online. and the house speaker, mike johnson, setting the stage for a showdown. his first major move since winning the gavel, as the 11th hour gets underway on this tuesday night. greetings, i am symone sanders townsend, in for stephanie ruhle. tonight israel s war with hamas moves closer to some of gaza s most crowded areas. the israeli militaries why ground operations are underway along with continuing airstrikes. today they confirmed one of those strikes had refugee camp in gaza. israel says the target was a key hamas lead over th
All eyes are on britains to be new Prime Minister Boris Johnson and his plans for brakes it the country hasnt even left the e. U. Yet but already there are signs of britain entering a recession. And the robots are coming no joy to say at this bar in prague machines are already mixing the drinks. Back up to do business asia i want to go jones good to have you with us now then the Chinese State owned motoring group be a i. C. E. s buying a 5 percent stake in germanys dime it for the boost to beijings holding in the maker of mercedesbenz costs diana was already almost 10 percent owned by chinese comprende g. E. Its the companys biggest single shareholder and now we can add to that b a i cs 5 percent holding that takes chinese Shareholder Stake in diamond to just under 15 percent thats almost as much of the company as is owned by us shareholders other
stakeholders and on the include q wait sovereign savings fund and rivals rhino and nyssa who have across holding the rest of the luxury carm