it. inflation, it is zapping the strength of a lot of families. that inflation hit 8.6% last month, highest rate since 1981. majority of americans weren t even alive actually. u.s. families paying more for everything. gas, cars, food, housing, just to name a few. plane tickets, everything. and today fed is expected to rise rates three quarters of a point. so that means that people will pay more to get a car loan, houses and even college. that will taste bad, but the hope is that it cools down inflation overall. right now on wall street you re seeing a little bit of optimism here heading into this final fed decision here. in overseas market, mixed performance in asia and europe has opened higher this morning. this is a perfect day to talk to greg mcbride from bankrate.com, he knows something about interest rates, all kinds of different rates. hi, greg, how are you? good morning, christine, great to be with you again. so this rate hlike we re expecting, 75 basis point
result of this mass shooting,e the number of casualties just keeps going up.e earlier this afternoon we were told 14 children,, one teacher that is now jumpedup up to 19 children and two teachers. unfortunately, you take a look at this video right here. this wasdi posteda on social ma shortly after that shooting. it alleges to show the shooter arriving on campus with a rifle. law enforcementnt have identifid him as an 18 year old male, a local named salvator ramos. we are told that he had a domestic dispute before going to the school, shot his grandmother, then drove to the school, abandoned his car and as you seeee in the video went inside and started shooting children and teachers indiscriminately. take a look at this video here of children evacuating the school. rob elementary school services, second grade, third grade and fourth grade. soth these children who werewh attacked tonight areo mostly seven year olds, eight year old nine year olds, some 10 year olds. absolutely