Welcome home. Bret: good evening. I am bret baier. We are coming to you from fox news headquarters in new york. We are following two stories. Alarming news about the number of potential terrorists on the terror watch list released into the u. S. By the biden administration. We begin in the financial center of the world with major turbulence in the economy. Fears of a recession, high interest rates have led to selloffs in markets in this country and elsewhere. The dow dropping more than 2. 5 percentage points. The nasdaq lost almost 3. 5%, hemorrhaging 576 points. Tromp calling it the kamala crash. We will speak with larry kudlow. It started overseas with japan s equity markets. Then you have london and european markets open. They plunged about 2%. That sparked the u. S. Concerns we woke up to this morning about global slow down fears underway. Back in the u. S. , some of the biggest decliners we have seen continued to be some of the consumer companies like bath and body works, walgreen
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announcer: live from cnn center, this is cnn newsroom with kim brunhuber. the united states divided house of representatives is facing a new deadline. at issue is a popular bipartisan bill to fix america s infrastructure. the $1.2 trillion package needs to pass the house by the end of this month, but a crucial bloc of progressive democrats say they won t vote for the infrastructure until they have a much grander and pricier piece of social legislation in place, and that is nowhere in agreement with two democratic senators objecting to the cost of that measure. the president says setbacks and obstacles are just part of political life in washington. here he is. everybody s frustrated. it s part of being in government. hey, look, one of the things i love about you guys. i watched today, biden vowed he s going to do this, biden commits, biden s going to work like hell to make sure we get both of these passed. the immediate challenge facing the president is winning over
real life drama for hollywood actors as contract talks collapse setting up a strike. plus president biden in finland to welcome one and eventually two nordic nations to the nato alliance. and federal prosecutors talk to the top elections official in michigan. what does she know about efforts to overturn the 2020 vote. welcome to our viewers in the u.s. and around the world. we begin this morning with a developing story out of hollywood, california, where contract negotiations with the s.a.g. actors union and major studios and streamers broke down overnight. this sets the stage for hollywood s first big shutdown in more than six decades. union leaders say its national board will meet a few hours from now to formally authorize a strike. s.a.g. has about 160,000 members. if they go on strike, they would join hollywood screen writers who walked off the job in may. more on this coming up. but first president biden with a meeting of nordic leaders in finland this morning fo
plus that is the road, but check this out, it is washed out just over here. more destruction as relentless rain pounds parts of the northeast. and for the first time today, u.s. senators get a classified briefing on artificial intelligence. what they could learn about bots and national security. good morning. i m rahel solomon in for christine romans. we begin with president biden preparing to address fellow alliance leaders as the two day that nato summit gets under way. biden s major win overnight. melissa bell is live at the summit with the latest. and this win coming at the 11th hour here for president biden. what do we expect him to say? reporter: he was wrangling until the very last minute that brought to an end the deadlock that had for a year prevented sweden from becoming the member of nato as it wished to do. and what it means is that essentially securities architecture of europe is transformed with now not just finland with the huge border it shares with