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badly. the data however paints a different picture. the us economy grew 2% in the first three months of this year. that is almost double initial estimates. consumers spend more, exports held up and prospect for the second quarter also look better with the housing market focused on recovery and subsidies for semiconductor and electric car parts beginning to kick in. the challenge for america s central bank is to keep inflation trending down. data due out later this friday from the us commerce department is likely to confirm prices are cooling. but with inflation still stubbornly hire, policymakers here as in many other developed economies are not done raising interest rates. susannah streeter is senior investment analyst at hargreaves la nsdown. susannah, biden is obviously on a re election campaign. but if we look at his economic track record as president, how successful have his policies been? well, the problem that the us has faced, as have other economies around the ....
for his dangerous rhetoric. e. jean carroll was back on the stand today, first under cross-examination by trump s attorney, then under redirect examination by her attorney. team trump suggested that carroll actually benef from her accusation. abc news reports the defense suggested that carroll craved attention, took on trump to revive her flagging career, and relish the verdict in an earlier trial known as carroll 2. it established trump was liable for sexually abusing and defaming her. did the verctn your opinion provide you with bigger status in new york? itvide me with you have continued to publicize every lawsuit you had had agait president trump. yes, carroll responded, because wanted people to know that a woman can speak up and win a trial. i wanted people to know. i m 80. i don t want to be quiet. it s not right to make a woman be quiet. it s gone on for too long. during redirect, carroll countered that despite all the notary tie s gned, she wants nothing more ....
welcome to the whole story. i m anderson cooper. the indictment of former president donald trump marks the first time in history a former president has faced federal charges. this is the second indictment for the former president, who was criminally charged by a manhattan grand jury in march on more than 30 counts of business fraud. now facing 37 federal charges relating to classified documents from his time in office that were uncovered by federal agents. a special counsel has been investigating this case since november of last year. he s pleaded not guilty to all charges against him. what makes the situation even more extraordinary is that mr. trump is also the current front-runner in the republican party for the 2024 election, which means he could be taking on president joe biden, while a special counsel appointed by the attorney general is working to convict him. trump has repeatedly denied any wrongdoing. over the next hour, our pamela brown lays out everything w ....
the woman at the heart of the post office scandal says she ll hand in her cbe but what s the plan for victims? on newsnight tonight, we hear from several former sub postmasters of south asian heritage who believe discrimination at the hands of the post office compounded their suffering. with my parents, because their english is very broken, people would get quite abrupt with them. so you re saying racism, in your mind, was at play? certainly with my parents. an mp who was also a sub postmasterjoins us does he see a plan forjustice for all the victims? also tonight, newsnight has seen nhs documents that say a student s life could have been saved had doctors at a brighton hospital acted sooner, yet an inquest concluded only yesterday there was nothing to trigger further investigation. we ll have an exclusive report. in washington, donald trump has been arguing that he should be exempt from prosecution. ifeel that, as a president, you have to have immunity, very simple. ....
historical rate hiking campaign hours the time to take a break and give the time to adjust to its actions that have pushed up the cost of borrowing for things like mortgages, business loans, and credit cards. the decision left the fed s benchmark at between 5% and 525%. for companies and consumers alike the pain may not be over. as fed chair jerome powell meekly during his press conference, with us inflation running above the bank s 2% target its job is not yet done. i bank s 2% target its “ob is not et done. ~ . , bank s 296 target its “ob is not yet amt yet done. i think, as anyone can see. yet done. i think, as anyone can see. not yet done. i think, as anyone can see, not a yet done. i think, as anyone can see, not a single - yet done. i think, as anyone j can see, not a single person yet done. i think, as anyone i can see, not a single person on the committee wrote down a rate cut this year. nor is it likely to be appropriate, if you think about it, inflat ....