on alert this morning. a powerful winter storm is bearing down. more than 80 million people are under winter weather alerts. we ll tell you when and where you can expect to see the effects. sunday, january 16th. we are so grateful to have you. thanks for waking up with us. great to see you as always. you too, boris, after your double duty yesterday. yeah. had to do an extra hour. no problem with that. i know. we start with this dramatic hostage stand offin texas. we re happy to report all four hostages are safe after nearly 11 tense hours at a synagogue near dallas. investigators say that suspect entered the congregation beth israel sin fa going to in colleyville, texas, during its sabbath morning service and took the rabbi and three others hostages. the services were being livestreamed at the time. one hostage was released several hours into the standoff. after hours of negotiations an fbi rescue team breached the synagogue freeing the remaining hostages and the
plowing through. more than 80 million of you under winter weather alerts. where and when you can expect to see what s happens. welcome to sunday. i hope you have power. i hope you can see us. we want to make sure you are informed and safe. just something we re going to be doing for you all day today as we watch this crazy storm. we do want to begin with the hostage standoff in texas because this morning, we re so happy to say all four hostages are safe after that nearly 11 tense hours at a synagog near dallas. investigators say that a suspect entered the congregation beth israel synagog in colleyville, texas, during its sabbath morning service and took the rabbi and three others hostage. the services were being livestreamed at the time, so some of this incident wound up on facebook. one hostage was released several hours into the standoff and after hours of negotiations, an fbi rescue team breached the synagog and freed the remaining hostages. authorities say the lone sus
furniture up 14%. and gas at more than 50% from a year ago. the cost of housing, food, clothes also spiking. the 7% increase in inflation over the last year is the highest jump in nearly four decades. while it s nowhere near historic highs of nearly 15% from 1980, it s one of the biggest challenges facing policymakers and the white house. we are working relentlessly. we are trying to make sure that competition is robust in industries so cost savings get passed on to consumers. reporter: inflation is only part of the economic picture. which has other signs of strength, including a 3.9% unemployment rate. and historic wage growth. yet with inflation expected to remain high for much of the year, the federal reserve is signaling its intention to raise interest rates saying the economy no longer needs emergency support. we see inflation persisting at high levels longer than expected, then we will, you know, then if we have to raise interest rates more over time, we will. we
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Transcripts for CNN New Day Weekend With Christi Paul and Boris Sanchez 20220116 12:00:15 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.