right now on "america this morning," a crucial day for your money after weeks of stock market turmoil, 401(k)s plunging and the price of nearly everything skyrocketing, the decision expected today from the federal reserve and what has wall street so worried. breaking overnight, officers ambushed, the deadly attack on police at this motel in southern california. the unfolding flood disaster at yellowstone national park. thousands of visitors forced to flee. some areas could be closed for the rest of summer. the dramatic images and what happened before the heavy rain that caused all this devastation. plus, the gas station worker who switched the price to 69 cents a gallon speaks out after being fired. a different kind of strike

at home plate as a bat shatters landing a direct hit on the umpire. a goose named gangsta resorting to new extremes to protect his flock. good wednesday morning, everyone. i'm andrew dymburt. >> i'm veronica miracle in for mona. we begin with your money and a crucial decision being made today. >> the goal is to bring down sky high prices on everything from groceries to cars, but the federal reserve's decision on interest rates today is fraught with danger because if the fed acts too aggressively, it could mean big trouble for the wider economy and wall street is worried too. weeks of market turmoil have already taken tear toll on americans' 401(k)s. >> abc's ike ejiochi has more on what to expect today and the risk involved. >> reporter: good morning, veronica. as families struggle with the rising cost of just about everything, there's growing concern we're headed for a recession. this morning, more experts are increasing the likelihood of a

recession in the near future. >> the odds of a recession are going up. most economists now believe there is a 50% chance we'll get a recession in the next 12 to 18 months. >> reporter: on tuesday the labor department reported producer prices rose 10.8% last month compared to the same time last year. those wholesale prices reflect inflation before it reaches consumers. today the federal reserve is expected to boost the cost of borrowing again in hopes of slowing down the economy, possibly hiking interest rates by 0.75%, the highest jump since 1994. >> everyone can agree that this inflation is very painful, and it has to come down. so the only way of doing that is getting those interest rates up and slowing the growth rate in the economy. >> reporter: meanwhile, mortgage rates have now hit 6% and car loans about to get more expensive too. so are the sticker prices. new cars are now averaging more than $47,000.

>> although the prices are up for may, it's only 1%, and so what that indicates is that as the increases start to become smaller and smaller, we may be headed toward a place where the prices will start to decrease, but still it's a very high number. >> reporter: gas prices nationwide are averaging more than $5 a gallon. prices in some areas like west virginia skyrocketed 28 cents in just the last week. the white house blames russia's war in ukraine and pandemic supply chain bottlenecks for the high prices. president biden yesterday pushed back at his critics who say his administration's spending policies including pandemic stimulus funds fueled this inflation. >> i don't want to hear any more of these lies about reckless spending. we're changing people's lives. >> reporter: louisiana senator john kennedy reacting, tweeting, president biden is right, 40-year high inflation, formula shortages and $5 gas are changing lives. meanwhile, the white house is defending president biden's trip

to saudi arabia next month where he'll discuss energy prices with the crown prince. a group of september 11 families is demanding biden hold the saudis accountable for the 9/11 attacks. veronica. >> ike, thank you. overnight we learned two california police officers have been killed apparently ambushed outside of a motel responding to a call about a stabbing in el monte just outside of los angeles when the suspect opened fire. officials say he was later killed in a shootout. one of the officers killed was than a year ago. >> they were acting as the first line of defense for our community members when they were essentially ambushed. >> police say the woman involved in the initial stabbing call was the suspect's girlfriend. she was not hurt. now to the flood disaster around yellowstone national park. thousands of people have been forced to flee, and now the region famous for its

unparalleled beauty is trying to begin a massive cleanup. catastrophic flooding at yellowstone has forced more than 10,000 visitors to evacuate. >> lots and folks are experiencing lots of extensive damage and that -- that's going to remain to be seen in the days to come. >> reporter: the yellowstone river overflowing its banks after days of rain and rapid snow melt. near record high temperatures last weekend melted five inches of snow in higher elevations triggering the historic flood. >> we were right in the middle of it. >> we were right in the middle of it, yeah. >> watching all the rivers rise and we knew we had to get out. >> reporter: the raging river washing away everything in its path including this bunk house for park employees sweeping it miles downstream. >> it was just going really fast and the water was just taking logs down the river. >> reporter: parts of a main highway in the park also washed away. >> whoa. >> reporter: rocks raining

down on a highway hitting this suv. officials say the park could remain closed for a week and northern entrances may not re-open at all this summer. outside the park major damage in the town of gardiner. a washed out bridge and flooded roads making it nearly impossible to evacuate. the national guard airlifting at least a dozen people who were trapped. >> the rain let up but you still have towns submerged. this is a road and you can see there are cars, businesses and homes all still underwater. >> reporter: elsewhere across much of the country it's the extreme heat that poses the biggest weather threat. one-third of the u.s. is under a heat advisory today. triple-digit temperatures in the midwest adding to the number of records smashed. on saturday at least 27 major cities tied or broke heat records. california's death valley was the hottest location at 123 degrees. and back to yellowstone, remarkably no deaths or injuries have been reported.

meanwhile, as the historic drought grips much of the west federal officials are warning cutbacks are needed because of low levels along the colorado river and say the necessary cuts could amount to california's entire share of water from the river. talks are under way with seven states to develop a plan. and breaking overnight primary elections in south carolina have resulted in a split decision for former president trump. five-term congressman tom rice has become the first house republican who voted to impeach trump to lose a primary. but representative nancy mace who blamed trump for the capitol riot scored a win over a trump backed candidate. meanwhile, in nevada jim marchand is projected to win the primary for secretary of state. he has falsely claimed the 020 election was stolen. a russian court extended person basketball star brittney griner's detention through at least july 2nd. she's been in russian custody since february when she was arrested on drug smuggling charges. the state department says round the clock efforts to bring her home continue.

russian forces have destroyed the final bridge into a key city in eastern ukraine. it could pave the way for vladimir putin to score a major victory in his fight to seize control of the donbas region. bombs are raining down on the area. a soldier showed abc's james longman how close they came to his location. >> so this is how close they got to your position here. >> yes. >> this is where bombs have landed. right close to where they're staying here, and presumably the russians know that there are ukrainian soldiers in these farm houses. i think we should leave. it sounds like it's getting more frequent. >> ukrainian president volodymyr zelenskyy sys aid from the west needs to come faster. today an fda panel will discuss whether to green-light covid vaccines for the youngest children. advisers are expected to vote on allowing shots for kids as young as 6 months. if approved, the fda could authorize the shots within days. in wisconsin, this burning wreck was the result of a head-on collision in milwaukee. two tractor trailers slammed into each other after one truck

crossed the center line. both truck drivers were killed. time now for a look at your wednesday weather. we are expecting severe storms in two areas of the country today. parts of iowa, minnesota and wisconsin could see tornadoes along with the southeast from mississippi to south carolina. now, both of those areas and plenty of others will be scorching hot today. the temperature will feel like over 100 degrees from the great lakes down to florida. checking the high temperatures elsewhere, another heat wave is under way in the southwest. some areas could hit 110 degrees. but pleasant temps in the northwest today. coming up, the big lululemon heist. also ahead, a major scare for children playing on a bounce house. more than a dozen are injured. what went wrong. and a major development in the search for a new hampshire girl missing for three years. what the fbi seized from her

father's home. ♪ ♪ ♪ ♪ treat dad to father's day at lowe's.

tobe: in the society that we were brought up in, it's very hard on little black boys. you have to navigate feelings, and emotions, so the world don't get you. jordan: sometimes, when i cry, i won't know how i'm feeling or why i'm crying. mohamed: i just grew up never feeling like it was okay to cry. tobe: yeah. muhammed: and so he really forced me to have to reconnect with the kid that didn't get to cry. tobe: that's beautiful.

back now with the lululemon heist uncovered. authorities got a tip about stolen lululemon gear being shipped to an apartment in california from the midwest. after it was delivered, a search revealed more than $200,000 in clothing. the residents claimed they didn't know what was inside the boxes. police are investigating. a mishappen involving a bounce house turned a school celebration into chaos. 14 elementary school kids were injured. one suffered a broken leg. when the inflatable slide overturned, apparently because. uneven weight. one child was catapulted into the air. one witness who didn't want to appear on camera described the scene. >> when i seen that child go from the sky up, he fell to the

gate. the bounce house was about five feet away and that's when he landed. he hit hit head. it was horrible. >> in december, five children died in a bounce house in australia. a town in new jersey is considering banning them on public property due to liability concerns. new developments in the search for a new hampshire girl missing for three years. the fbi has now removed a refrigerator from her father's former home. here's the report he. >> reporter: this morning search for placing girl in new hampshire has led police to her father's former home. and among the items taken away, this refrigerator. carefully wrapped in plastic. and wooden planks, all loaded on to a truck. >> hopefully we can find some time of evidence. because you know, harmony needs justice. >> reporter: harmony montgomery was last seen in 2019 when she was 5 years old. police weren't notified for more than two years. her father had custody of her at

the time. investigators say he and his now estranged wife kayla told police that harmony was taken to her mother's in massachusetts around thanksgiving of that year. but harmony's mother offers a different time line saying she last saw her daughter the previous easter. adam has since been on charges that he hit harmony and unrelated firearms charges. and kayla montgomery is charged with perjury. both have pleaded not guilty. >> i can't even imagine the painful. >> reporter: investigators, many in hazmat suits, spent hours in the couple's home in manchester yesterday processing evidence under a green tent. harmony would now be 8 years old. >> regardless. outcome, i'm still going to bring her home. i'm still going to fight for justice. >> reporter: police say they received hums of tip buzz no charges have been filed in harmony's disappearance. a $150,000 reward is offered in the case.

andrew? veronica? >> thank you. coming up, the gas station worker who switched the price to 69 cents a gallon speaks out gaefrting fired. and bradley cooper opens up about his struggles with cocain from prom dresses to workouts and new adventures you hope the more you give the less they'll miss. but even if your teen was vaccinated against meningitis in the past they may be missing vaccination for meningitis b. although uncommon, up to 1 in 5 survivors of meningitis will have long term consequences. now as you're thinking about all the vaccines your teen might need make sure you ask your doctor if your teen is missing meningitis b vaccination.

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cents a gallon. he's been fired. it cost the station about $16,000 as drivers rushed to take advantage. he said the mistake was caused by a misplaced decimal point. federal safety officials have issued a warning about infant rockers made by fisher-price after 13 babies died. they stay infant to toddler and newborn to toddler rockers should never be used for sleep. and babies should not be left in them unassume advised. the deaths were reported between 2009 and 2021. we have more information on our webb. we turn now to bradley cooper revealing his past struggle with addiction and what helped him overcome it so co-help others like brad pitt get sober. >> this morning, bradley cooper is opening up about his battle with mental health and addiction early in his career. >> i was so lost. i was so lost. and i was -- >> you had a weird -- >> i was addicted to cocaine. >> the actor appeared on the smartless podcast hosted by

jason bateman and others. he credited arnett with giving him a wake-up call while they were eating dinner together. >> you were a real -- by the way, have your dogs gone out to the bathroom? they're literally standing by the door. that was the first time i realized aid problem with drugs and alcohol. >> will is the reason he took that risk of having that hard conversation with me that put me on the path of deciding to change my life. and it is truly will arnett. he is the reason. >> cooper also opening up about his mental health, revealing before his break through role in the hangover, he struggle with depression. >> zero self-esteem. zero. couldn't get into any clubs. no girls wanted to look at me. what? totally depressed. >> the star saying he's recently struggled with his mental health. >> it hasn't been until about a year and a half ago that i decided, i'm just at sea. i love so much of my life but i'm so lost.

wasn't until working a new therapist and today, i can sit in front of you saying, i do have self-esteem. >> but he got emotional describing the joy of becoming a dad. >> he have single thing is absolutely shaded by or brought up in glorious colors by the fact that i get to be a father. >> cooper shares a daughter with his ex-wife. he currently filming a movie about leonard bernstein. abc news, new york. >> thank you. in sports, a scary scene at the dodgers-angels game. a broken bat hit home plate umpire nate tomlinson in the face. a piece of it appeared to hit his eye and he was bleeding. no word on the extent of his injuries. he was able to walk off on his own. coming up, the airplane seat of the future.>>ls ahead, wther

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time to check the pulse. we begin with an official ruling that begins with an elephant is not a person. >> a legal battle to get happy the elephant transferred from the bronx zoo has failed. they said she is an intelligent being but said the law was intended to protect the liberty of humans and does not protect animals. >> two lessons i don't think that elephant will ever forget. the airline seat of the future. >> a double-decker. it puts one person on the bottle with another passenger on top. what happens if you spill a drink? one person called it claustrophobic.

they are hoping to get it into passenger cabins. next, the real squid game coming soon to netflix. >> the company will soon be casting for squid game the challenge. they are looking for about 450 players to battle based n the original squid game series. the winner will take home more than 4.5 billion. i don't think the losers will lose their life. >> i hope not. boy at bts have the internet buzzing. >> the south korean boy band is taking some time off. they are going on hiatus to have some solo work. and finally, a utah couple is breathing a sigh of relief after being terrorized for weeks. >> they got some goose bump when's they were held hostage in their house by a goose. they named him gangsta. >> he was protecting the nest of a mother duck. he backed off once the

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building a better bay area, moving forward, finding solutions, this is abc 7 news. reggie: the fed raising interest

rates again how president biden is defending his policies and what it could mean for your finances. karina: why some say rising interest rates will cause prices to cool. one year since the state opened up the economy. what those are saying after the restart. it is wednesday, june 15. reggie: and sue is joining us with your cute haircut. drew: we are already starting to see the influence on the coast. it is two degrees cooler in