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said for the year. absolutely, and a lot of the story since the market opened this morning, the dow jones currently down 800 points, about 2.7%. if it stays at that level, through the market close, in about an hour, that would be the lowest level that we ve seen the dow in 2022, and what has already been a brutal year for markets. and the big reason for all of this, have to rewind back to wednesday when the federal reserve, the nation s economic steward raised interest rates for the fifth consecutive time this year. that s to try to raise borrowing costs, to take some steam out of an overheating u.s. economy and which has led to the high inflation that we ve seen. the concern though, that the federal reserve is going to have to slow the economy too much, to get ahead of that high inflation. the fed chair jay powell saying earlier this week he s not sure if this process leads to a recession. that s why you have some on wall street calling for and projecting an increase ....
wade has reignited the fight for abortion rights. in states like michigan, pennsylvania and wisconsin, access to basic essential reproductive health care might be determined by who is elected as governor or attorney general, and whether or not they will enforce abortion bans. and if republicans take control of congress, that leaves room for the possibility that they will begin working towards a national abortion ban. a goal that was planned even before roe is overturned. the assault on personal freedoms also extends to the lgbtq community. in recent, years republican leaders have been exploiting anti lgbtq sentiment for their political benefit. republican state legislatures are on track to introduce a record number of anti-lgbtq bills in 2022. so far this year, 13 states have already passed such laws. additionally, supreme justice clarence thomas is alarming opinion in the dobbs decision last month prompted congress to take up new legislation to protect same-sex marriag ....
no trickle-down effect here. just the increase to the child tax credit alone will lift millions of children out of poverty and cut the child poverty rate nearly in half. because of this bill, some experts expect the economy to grow by more than 6% this year and add 7 million jobs, a level of growth, quite frankly, we ve not seen since the 1980s and it will boost the income of the poorest americans by an average 206%. given all that, it s important to remember that zero republicans reported this legislation. that s not stopping them from attempted to take credit. senate republicans led the bipartisan cares alkt that got us through the last year. the american people have built a parade marching toward victory. democrats want to sprint in front of the parade and claim credit. it s remarkable legislation. unfortunately republicans, as i say, you know, vote no and take the dough. you see already some of them claiming this is a good thing, this is a good thing, but they c ....
Chinese tourists have discovered the high seas and their goods to demand for big and even bigger cruise ships. This is business. As welcome another front seems to open in the global trade war south korea is now seeking help from the United States in its dispute with japan the japanese government has imposed imposed export restrictions on some products bound for south korea after seoul called on tokyo to compensate forced laborers on the 2nd world war that has led to a public backlash against japanese products in South Korea Seoul has warned the u. S. Trade curbs Will Hurt Tech Firms Around The World materials affected are key to making memory chips and smartphone springs. Lets bring in our financial correspondent Chelsea Delaney whos standi ....
I just wanted you to get to mow know me better before you call the cops. You sound raceist. I have a right to be here. I dont have a racist bone in my body. Ive done nothing wrong. I work here. Why is everything about race . This is effort racism in america an msnbc town hall event from philadelphia. Here are joy reid and chris hayes. [ applause ] all right, thanks for joining us from the prince theater here in center city, philadelphia. Tonight big news, as youve probably already heard. Abc cancelling one of its biggest shows after its stars racist tweet. We are going to talk about that. But as starbucks shuts down 8,000 Stores Across the nation for antibias training, were holding our own discussion, talking about the kind of racism that occurs everyday in this country in hollywood and coffee shops and public spaces. They didnt do anything, i saw the entire thing. They asked to use the bathroom and the woman said its for paying cu ....