Nation Jun 22 Watch 3:22 News Wrap: Fed Chair Powell defends aggressive rate hikes, admits recession is possible In our news wrap Wednesday, Federal Reserve Chair Jerome Powell pledged to raise interest rates enough to douse inflation without sparking a recession, Russian artillery battered Kharkiv in Ukraine's northeast, Sri Lanka's prime minister declared his nation’s economy is in…
Economy Jun 13 Watch 6:02 Markets plunge amid fears of sharply higher interest rates Wall Street has gone into meltdown mode over inflation fears and the possibility that higher interest rates are imminent. The Dow Jones Industrial Average, NASDAQ and the S&P 500 all fell significantly. It is now officially a bear market, down…
Economy Jun 10 Watch 5:01 Inflation rises faster than expected, pinching pocketbooks and spooking the markets New inflation numbers out Friday show the nation's economic pain has not peaked, and is still getting worse. The U.S. Labor Department reports consumer prices rose 8.6 percent in May from a year ago, marking the biggest increase in more…
Nation Jun 08 Watch 3:38 News Wrap: Man arrested near Justice Kavanaugh’s home is charged with attempted murder In our news wrap Wednesday, a California man was charged with attempted murder after being arrested near the Maryland home of U.S. Supreme Court Justice Brett Kavanaugh, Olympic champion Simone Biles and dozens of other gymnasts are suing the FBI,…
Jun 06 Watch 5:12 News Wrap: Former Proud Boys leader indicted for seditious conspiracy in Jan. 6 probe In our news wrap Monday, the former leader of the far-right Proud Boys group was charged with seditious conspiracy in the Jan. 6 investigation, Russian forces continued their campaign to break through Ukrainian lines, gunmen in Nigeria who killed at… Continue watching
Jun 02 Watch 6:31 News Wrap: Uvalde children’s 911 calls weren’t relayed to police commander, lawmaker says In our news wrap: a Texas state senator said panicked 911 calls from children in Uvalde never got to the police commander at the scene of last week's school attack, President Zelenskyy says Russia controls one-fifth of Ukraine, a truce… Continue watching
Jun 01 Watch 4:42 News Wrap: Buffalo grand jury formally charges suspect for racist rampage that killed 10 In our news wrap Wednesday, a grand jury in Buffalo formally charged a white 18-year-old suspect for the massacre of 10 Black people at a supermarket, Sheryl Sandberg is stepping down as chief operating officer for Meta, Shanghai residents celebrated… Continue watching
May 27 Watch 4:58 News Wrap: House panel seeks data from gunmakers on weapons used in mass shootings By PBS NewsHour In our news wrap Friday, a congressional oversight committee asked five major gunmakers for data on assault-style weapons used in mass shootings, Russia's gained more ground in Ukraine, Iranian forces seized two Greek tankers, President Biden addressed U.S. Naval Academy… Continue watching
May 26 Watch 4:39 News Wrap: Russia bombards eastern Ukraine, seeks concessions on land In our news wrap Thursday, Russia insisted that Ukraine accept its demands on land as Russian fire pounded eastern Ukraine, the Biden administration called for a bloc of nations confronting Russian aggression to join in challenging China, China’s top diplomat… Continue watching