hovering around 2%. right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. the nikki index is trading flat as japanese investors look at what happened on wall street overnight aftermarket sales for a third straight on
hunter will plead guilty to two tax misdemeanors, but he cutmi a deal on the felony gun charge. and i find that interesting. hunter s dadinterest, he talks s about enforcing gun laws. this time, we establish universal background checks. every chiliden: itd safe, start your firearm. we also established a zero tolerance policy for rogue gun dealers who willfully violate the law. now, insteadn dealers. of a slae on the wrist, their licenses revoked. you have a lot of gu riskn dealerse en who are engaged in shady actions. wellga, guess what it used to b. yet they get a fine. now they lose their license to sell. shady interactions. sounds like hunter biden. well, if joe wants to enforce gun laws and safe gun storage, start with your son, hunter. he allowed haley biden, his bidn sister in law, who he wasintima intimate with, to throw one of his handguns throw into a trasha across the street from a highh school . sound safe? hunter he wasn t charged with the crime. insteahunte
right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. spell, likewise on wall street on wednesday. still staying on the topic of interest rates, it s going to be a busy day for monetary policymakers here in southeast as
during my time. there was jim acosta, indicate lynn collins, the playboy reporter. hyenas. lately they had harsh words for former president trump. you hear the horrible stories of hoarding. he was doing the same with classified documents. hoarding nuclear secrets. it is almost a gollum in lord of the rings moment. my precious. it is like pathological in addition to being criminal. after wondering could a president trump unshackled by any opposition somehow use the justice department to imprison his enemies? it was starting to freak me out, the idea that we are not even discussing changing the constitution to make it say you cannot be in jail while being the president. my father. an amendment would be nice. i m a big fan of amendments. i thought it was innocent until proven guilty, i must have had that entirely wrong. trump to his credit never shied from challenging the media dishonesty. here he was moments ago in an exclusive interview with fox s bret baier. s
ticking down on the amount of oxygen on board this sub. there is word tonight that new equipment and resources are about to arrive on scene, but is there time to launch a new effort? retired u.s. navy captain joins us with the latest on the search and rescue efforts. first to matt fin more on the limited oxygen and last ditch efforts to find and save the titan. tonight two separate outlets reporting that banging sounds were heard in 30 minute intervals near the position where the sub went missing. those reports are separately citing an eternal e-mail and government memo. u.s. coast guard told fox news there had been no sounds heard at that hour. we will continue to confirm this information and bring you the latest. tonight the u.s. coast guard has not reported any discoveries, the sub will run out of oxygen by thursday morning. the conditions inside that sub may be considered of mic mares, titan submarine is a tube about the size of a minivan. the five passengers do not h