to confirm prices are cooling. but with inflation still stubbornly high, policy makers here as in many other developed countries are not done raising interest rates. let s show you how investors reacted to that latest data which should other than expected data out of the united states. there are hopes and out of the country might avert a recession. you can see all of the main industries during better and banking share is also led wall street to close higher. banking shares also led wall street to close higher on thursday that s after recent health check showed the largest us banks have enough capital to weather a severe economic slump. in other news this morning sporting goods giant nike has reported its latest earnings for the fourth quarter. revenue came in at $12.8 billion dollars slightly higher than expected. this means nike has beaten revenue estimates for seven straight quarters. salesjumped in both its largest market north america and in china, following the easing of
this is gps , the global public square. welcome to all of you in the united states and around the world. i m fareed zakaria coming to you from new york. today on the program, what is happening inside putin s russia? is he losing his grip on power? is he at odds with his own commanders? and how might his forces fair against the up coming counter offensive. we ll get inside from julia yoif and andrei soldatov. and since china opened up its economy in 1978, it has averaged almost 10% growth a year. but are we now at peak china? the economy ims keyu jin weighs in. also, has humanity gotten, well, dumber, thanks to the supercomputers in our pockets that could tell us everything that we need to know in an instant. i ll talk to the author simon winchester about the past, present and future of knowledge. but first, here is my take. america s debt ceiling crisis once again provoked the usual commentary about how it shows the country s basically dysfunctional. but the truth is t
cohen wraps up another day o grand jury testimony, as storm daniels meets with prosecutors so what happens now? then the high stakes texas lawsuit over abortio medication the judge s ruling could com at anytime, and th consequences it could have across the country following concerns over silicon s downfall spreading t europe are there still risks for othe banks? and will congress do anythin about it as the 11th hour gets underway on this wednesday night. good evening once again, i stephanie ruhle. we may be one step closer to a first ever indictment of a former president in a criminal case the manhattan district attorney s investigation int the stormy daniels hush mone case appears to be entering it final stages this afternoon, former trump loyalist michael cohen finishe his second day of testifying before a grand jur investigating the case do i think that it is wrapping up? it appears to be so. i am probably the last witness that they need i did not receive an additio
coming right up. first hunter biden finally admitting the laptop filled with his emails incriminating documents and embarrassing photos does indeed belong to him. welcome to a new hour of in us news, i m dana perino. bill: how was the first hour? dana: good. bill: a plus? good morning. i m bill hemmer and good morning. after years of widespread claims dismissing the laptop as the work of hackers or russian disinformation hunter s lawyers conceding it indeed belongs to him and calling him hunter the victim. that change of tune coming as newly empowered republicans launch investigations into hunter s business dealings including his role with bhr, a chinese equity firm banked by some of china s largest state banks. he joined the board in an unpaid position in 2017. he pursued deals involving china s largest private energy firm. later that year a hunter biden associate says that joe biden was consulted on deals with china. one year after that, the department of justice laun
today. first, here we go again. gas prices on the rise. the white house appears powerless to stop it. don t say we didn t warn you. i m bill hemmer. dana has the day off. big welcome back to sandra. sandra: couldn t think of a better way to start my tuesday with william hemmer. here we go. i m sandra smith, this is america s newsroom. enter the president s strategy of tapping the strategic oil reserves appears to be falling flat. we re watching gas prices up to $3.80 at the national average. if you live out west, that probably sounds like a steal. bill: california gets the worst, $6.41 a gallon ahead of an opec meeting tomorrow that could make prices higher. this hurts the poor people of california. california has the highest poverty rate in the nation. poor people in california are not the ones driving electric cars. they are in gas-powered gars and paying through the nose. this all started on day one of the administration when he ended america s energy independence.