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FOXNEWS The Story With Martha MacCallum July 7, 2024

now. president biden was wrong back in december when he predicted that inflation was at its peak and said this. i think you ll see it change sooner than quicker, more rapidly than it will take than most people think. leader mcconnell is standing by. first, gene sperling. good to have you with used too. the question that comes up again and again is that the messages that we received from all left fields of the white house and treasury have been wrong. so how did you get this so wrong? well, martha, the white house and the treasury department were saying last year and i can t stress this enough, reflected the overwhelming economic consensus in the private sector, in the u.s. and other places around the world. it wasn t so much it wasn t the people were wrong with the facts that they had. it s that things happened after that that affected the outcome. so we had not just delta, but omicron. we had gas prices at $3.31 january 17 when putin first started doing milit ....

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MSNBC Morning Joe July 7, 2024

the lawyer who devised the plan to overturn the election. mr. eastman, we hardly knew you. it always happens, and they always seem so shocked. plus, president biden considers a move to provide a bit of relief at the gas pump, but he needs congress to agree. we also expect more economic data this morning that could offer clues into whether the u.s. is headed toward a recession. also, the crippling labor shortage. the latest industry to feel the pressure, airlines, with more chaos and canceled flights. cnbc s brian sullivan is standing by to discuss if the lack of labor is as big a threat to the economy as inflation and energy costs. would you or a family member like to fly a jumbo jet? if so, we have a job for you. that s the problem, it takes so long to become qualified to fly, and there are not pilots. often, people are waiting. it s crazy. or flights are literally canceled out underneath them. good morning and welcome to morning joe. it is tuesday, ....

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BBCNEWS World Business Report July 7, 2024

welcome to bbc news. we start here in the uk, where millions of people face more travel chaos, as the biggest rail strike in 30 years continues. today s planned walk out by railway workers has gone ahead, after talks between the rmt union and railway employers broke down. the first day of industrial action on tuesday saw half of the rail network closed and 80% of services suspended. our transport correspondent katy austin reports. large parts of britain s railway have come to a halt again, overall, only about 20% of services will run, although in some places it is less. northern will operate fewer than 10%. where trains are running, services will start late and finish early. camelot lives in cheltenham where there are no trains at all today. she can t get to her part time job near bath, teaching english as a foreign language. if i can t get to work i won t have the income to face all the extra energy bills, etc, so i do need to get to work. five minutes do need to get ....

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BBCNEWS Outside Source July 7, 2024

well, i m afraid to say tonight the situation is looking even more dire here in paktika, we are seeing hundreds of hundreds of families who have been left homeless. in other news, russian forces continue their advance on ukrainian held towns in the donbas. we join a group of volunteers rushing to evacuate civilians from the area. and after a three year hiatus, the iconic music festival glastonbury open its gates and welcomes back the fans. we start in afghanistan, where a powerful earthquake has killed over 900 people and left hundreds injured. it s the deadliest earthquake to strike the country in 20 years. it hit overnight in the south east of the country. and we know the tremors were felt in pakistan and india as well. most of the confirmed deaths are in paktika province. this is the head of the provincial health body there. buildings collapsing, yeah. you know, in afghanistan, there is no concrete buildings. most people injured and dead are under the building. 0ur d ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

reporter: so he s going to be pushing for this three-month gags holiday, and basically that would mean a 90-day suspension of the federal gas tax. if you re wondering what that s going to save you when you re actually at the pump, right now the federal gas tax is about 18 cents for a regular gallon and 24 cents for a gallon of diesel fuel. so not really that big of a difference when you re looking at an average price of gas. it is getting close to $5. of course it topped $5 earlier this month. so that s been a big question for lawmakers because getting this done is not just something that the president can do on his own. yes, he s about to call for it any moment now. but it really requires an act of congress on capitol hill to actually get this passed. and you re already see something concern even from democrats in the president s own party about whether or not this would actually make that big of a difference, and if it s worth what it would do. one of those concerns ....

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