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Transcripts For FOXNEWS Americas Newsroom 20240707

times higher than when president biden took office. bill: threatening to make it worse a possible strike by tens of thousands of railroad workers. could happen as soon as friday. stoppage would cost the economy $2 billion a day. that leaves about a third of the u.s. freight in the lurch. dana: biden administration is working to broker a deal between unions and rail companies. the dispute is already impacting service with amtrak suspending some trains. kelly o grady has the latest on the possible rail strike and edward lawrence reporting on the inflation news from the white house. the inflation year-over-year 8.3% ticks down a little bit. the federal reserve would like to see the number around 2%. the federal reserve is going to be focused on the core inflation. inflation without food and energy prices. that number went up for the first time in five months and rose substantially to 6.3%. that will spook the federal reserve. the biden administration will tout the overall

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