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CNN The Lead With Jake Tapper July 7, 2024

investors a scare by reporting a stunning drop in earnings, largely because of supply chain turmoil and rising costs. target lost 25% of its value today alone. its worst day since black monday in 1987. this comes a day after walmart sounded the inflation alarm, also suffering its worst day since 1987. the big concern is companies are having trouble passing along higher costs consumers and that perhaps corporate profitability has peaked. that s normally something you only see during big economic slowdowns. put all this together, you have the s&p 500 losing the most in one day since june of 2020, in nearly two years. the nasdaq plunging even deeper into a bear market. i should note markets were up big yesterday, but the wild swings really speak to the deep uncertainty about what comes next for the economy. and matt, a new conference board survey suggests, you know what, let s move on. matt egan, thank you so much. turning to our politics lead and an election cliffhanger ....

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CNN The Lead With Jake Tapper June 4, 2024 20:01:00

Investors a scare by reporting a stunning drop in earnings, largely because of supply chain turmoil and rising costs. target lost 25% of its value today alone. its worst day since black monday in 1987. this comes a day after walmart sounded the inflation alarm, also suffering its worst day since 1987. the big concern is companies are having trouble passing along higher costs consumers and that perhaps corporate profitability has peaked. that s normally something you only see during big economic slowdowns. put all this together, you have the s&p 500 losing the most in one day since june of 2020, in nearly two years. the nasdaq plunging even deeper into a bear market. i should note markets were up big yesterday, but the wild swings really speak to the deep uncertainty about what comes next for the economy. and matt, a new conference ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell January 12, 2022 19:02:00

Inflation. the federal reserve s goal is for 2% inflation. we are nowhere near that. so we also need to talk about how some of these specific price gains are really in record breaking territory. full service meals, fast food, men s apparel and new cars and trucks. they re all up by the most on record and as anyone who s been to the gas station or the grocery store can attest to, food and energy has been a real sore spot. food prices overall, up by more than 6% from a year ago. th that s the most since 2008. chicken prices up by more than 10%. fish and seafood, that s up at a ten-year high. gas prices, nearly 50% higher than a year ago. we need to remember that a lot of this is covid relate. the health crisis caused this supply chain turmoil, but that is very little consolation to the families whose paychecks are in the going as far as they used ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell January 12, 2022 19:03:00

To. jared bernstein got to it before i could. i said 5% from november to december. .5% is the accurate number. let me ask you about what the president said in december. he said he believed inflation was at its peak. we see that it s still growing. is there anything that the white house can do to fight this? well, this is a complex problem and no president really has unilateral power to do all that much to inflation in the short-term. now i spoke to a senior white house official today about these numbers and about those prior comments from the president and this official conceded that they don t have a chrirystal ball toy when inflation is going to peak, but that the administration is doing everything it can to keep prices in check including trying to address the health crisis and supply chain turmoil. and those i talk to are ....

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Fed Officials See Potential for Lifting Interest Rates in March and Paring Central Bank's Balance Sheet

Fed Officials See Potential for Lifting Interest Rates in March and Paring Central Bank's Balance Sheet
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