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Transcripts for CNN CNN Newsroom With Ana Cabrera 20240604 17:37:00

Memory with maximum uncertainty on the macro outlook. to us this seems like driving at 75 miles per hour but not knowing which way the road will turn. an accident seems inevitable. let s hope not, ana. okay. thank you. obviously the stock market doesn t capture the full strength of the economy but it is one more measure and sign of how investors and businesses feel about things right now. appreciate it. we have new, exclusive reporting on the doj s criminal investigation into january 6th. trump s lawyers are waging a high stakes secret court fight in an attempt to block key testimony and access to documents. details just ahead. plus the special master is not messing around. trump s pick to sift through the mar-a-lago documents issuing a new challenge to trump s legal team asking them to back up in writing trump s claims that the fbi planted evidence. ....

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Transcripts for FOXNEWS Americas Newsroom 20240604 13:20:00

About his concerns regarding inflation. watch. are you worried about the inflation number? no, i m not. we re talking about 1/10 of 1%. anyway, thank you. dana: he went on to say the stock market doesn t necessarily affect the state of economy. that s not what people dealing with inflation are thinking about, maria. that s right. good morning, dana and bill. the fact is that the stock market is oftentimes a forward-looking indicator and yes, this week we saw president biden celebrating as the market was crashing. we had the worst sell-off in stocks earlier in this week in more than two years and investors were reacting to the hotter than expected numbers. the consumer price index is up 8.3% year-over-year, very elevated numbers and the reason the federal reserve is focused on raising interest rates. the fed will have its next two-day meeting next week and expect them to raise rates by ....

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Transcripts for CNN Early Start With Christine Romans and Laura Jarrett 20240604 09:48:00

Target had the biggest drops that they had ever had since the 1987 stock market crash. but going back to the lost decade, we might not have one, but that is a function of how well stocks have done. if you analyze in any given decade how stocks do, the underlying kind of motor of the stock market doesn t have that much to do with it and that is a big misconception. it has been okay and now it has taken a bit of a hit. but multiples that people pay for socks tocks have expand and corporate margins are a record high. so if those just normalize back to long term averages, we ll wind up where we started. and so that certainly could happen. not an ironclad prediction because nobody really knows what will happen next week or the next ten years. next ten years is a little easier to predict because of that math. if you and i had a krystal ....

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Transcripts for FOXNEWS FOX Friends First 20240604 08:11:00

Just eat that money. eventually, it will go into consumer products appear that us how inflation works. as far as you are paying more to get to work, you re not getting more money once you get to work. in thin the things you have to buy for survival is going up. so, we feel the pinch everywhere. todd: the stock market doesn t like any of this. bo copley, thank you for your time this morning. carley: thanks. thanks for having me. todd: abortion protesters returning to the steps of the spinal cord. similar scenes at the homes of all six conservative justices. carley: democrats are saying that the demonstration is peaceful but mobilization as an attempt to intimidate the highest. marianne rafferty joins us live with moore, marianne, good morning. good morning carley and todd piro the white house with defensive protesters they call peaceful outside of the supreme court justices. the republicans are outraged the ....

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Transcripts for FOXNEWS FOX Friends First 20240604 08:16:00

Bedding 16% more expensive and grocery price is 10% higher. the president says he has a plan to address this. my top priority is biting inflation. and lowering prices for the things they need. we will keep working to fight inflation and lower cost to all american families and a lot of other things as well. republicans have blamed increased government spending. the administration has pointed to russia s invasion of ukraine with an impact on cost especially food and energy. the secretary janet yellen says washington is unprovoked in ukraine and further economic uncertainty. the u.s. financial system has continued to function in an orderly manner although valuations of some assets remain high with compared to historical values. the federal reserve has steadily increased interest rates to curb the price increases. the stock market doesn t like that. major american indices were down yesterday. ....

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