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CNN CNN Newsroom Live July 7, 2024



i don t have a six figure job. i have to be careful. the president will meet with leaders across the world if it is in the best interests of the american people. the questions that i have, people believe that mbs is responsible for khashoggi s death. the president has spoken to that and i ll let his words stand. i have mixed feelings on this and if the president called me, i d say mr. president, you can t trust these people. live from london, this is cnn newsroom with isa soares. welcome to the show. it is wednesday, june 15th. 9:00 a.m. here in london. and the federal reserve is planning bold action to try to keep the soaring inflation from getting worse. they are expected to raise interest rates by .75, the biggest in almost 30 years. the concerns that the economy is driving down financial markets. the s&p 500 finished lower for a fifth consecutive day pushing it further into bear market territory. president biden blames the russian president and his war ....

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CNN Early Start With Christine Romans and Laura Jarrett July 7, 2024



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 ....

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CNN New Day With John Berman and Brianna Keilar July 7, 2024



trump s political strength is still evident at the polls. overnight south carolina republican congressman tom rice was defeated by a trump endorsed candidate. rice was one of ten republicans in the house who voted to impeach the former president and one of the first to face republican primary voters. another race in south carolina did not go trump s way, congresswoman nancy mace at times a trump critic survived a primary challenge. in another significant development republican mayor flores flipped a democratic house district in south texas, this is a pretty significant special election victory that builds on republican gains among latino voters in the region in the 2020 election. joining me now is cnn senior data reporter harry enten. harry, i think the marquee race last night was in south carolina, people looking to see what would happen to this republican that voted to impeach donald trump. looking to see what exactly would happen and here is what happened, look ....

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CNN New Day With John Berman and Brianna Keilar July 7, 2024



welcome to our viewers in the united states and around the world, it is wednesday, june 15th and i m brianna keilar with john berman here in new york. if you don t believe in the climate emergency facing our nation just open your window or walk outside today, there will be evidence on display in every corner of america, no matter where you live count on extreme weather, heat warnings or severe flooding. in the span of 24 hours americans have grappled with all of these threats, violent storms left hundreds of thousands without power in the midwest, flooded communities in montana that don t have clean drinking water and there have even been tornadoes in chicago. meteorologist derek van dam is live in columbus, ohio, where the mayor has no power and he s urging residents to go to cooling centers and pools to stay safe. reporter: john, unfortunately the perfect storm has struck this area, the combination of no electricity and dangerous excessive heat, that is a recipe f ....

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CNN New Day With John Berman and Brianna Keilar July 7, 2024



and being the saudis now starting up this, you know, tournament of their own, and this sports washing that they re doing, trying to buy respect on the world stage, trying to improve their image, just be truthful, you know, just work with the truth instead of hiding behind lies. that s how you gain respect. you can t buy it. you have to earn it. terry, wonderful to have you this morning. thank you so much for speaking with us. thank you for having me. and new day continues right now. welcome to our viewers in the united states and all around the world. it is wednesday, june 15th. i m john berman with brianna keilar. and new this morning, president biden taking on big oil, demanding immediate action from seven major oil companies to boost supplies. in a letter to the companies, he slams their high profit margins, and insists they are not acceptable when americans are paying record prices at the pump. the president blames the oil companies for blunting the impa ....

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