it's thursday, july 14th, 2022. this is the "cbs morning news." inflation soars. yearly consumer prices jump to a 41-year high. the white house responds as one major bank warns a recession within months. water's been in the road, and it's -- houses in the road. it's just a mess. >> flooding fears. dozens unaccounted for after powerful storms in virginia. how one woman and her 2-year-old son got trapped inside their home. last resort. president biden talks tough about iran while in the middle east. how far he says the u.s. would go to prevent them from getting a nuclear weapon. good morning, and good to be

with you. i'm anne-marie green. we begin with your bottom line following a record jump in the latest inflation report. it surged more than 9% last month compared to the same time last year. the biggest increase since 1981. the federal reserve could hike interest rates again when it meets later on this month. meantime, bank of america is warning of a mild recession by the end of the year. analysts say economic momentum has slowed faster than they predicted. bradley blackburn is in new york with more on this. bradley, good morning. >> reporter: anne-marie, good morning. in real terms the average family spent almost $500 more last month to get the same products and services they did in 2021. prices just keep going up, and people are feeling the effects everywhere. rising inflation continues to take a toll throughout the nation. >> i mean, peaches are $1 each? it's kind of crazy. >> reporter: a report from the

department of labor says the consumer price index action assembly rated in june to 9.1% compared to a year ago, a level not seen since 1981. >> we're all living the same world. it affects all of us. some hit harder than others. >> reporter: higher rents and increased food costs helped power the surge, but gas and increase prices have been the biggest inflation drivers by far. >> we've all noticed mostly at the gas pump. i just filled our car, volvo suv up, and was quite expensive. >> reporter: an rv dealer blames sky-high fuel prices for a 50% decline in his business. >> i got sales guys that aren't going to be able to make as many commissions, service guys who doesn't as many units to work on. i've got cleaning staff that i'll have to lay off. >> reporter: the federal reserve has indicated it will likely gradually increase interest rates until inflation levels off. a hike of three quarters of a percentage point is expected later this month.

and president biden put out a statement saying this 9% number is unacceptably high, but he also pointed out that because of the cpi is calculated, the data doesn't reflect the drop in gas prices. the national average down about 40 cents a gallon. >> that's at least a little bit of good news. we need it. bradley blackburn, thanks. this morning, more than 40 people are unaccounted for in southwest virginia after devastating flooding. severe weather damaged at least 100 homes in buckhannon county tuesday and caused landslides and washed out roads. one woman said that she was stranded in her house with her son. >> the water kept coming up, and eventually me and my son, my 2-year-old son, were on an air mattress on the floor, and we were floating. the water was up maybe this high. >> the governor of virginia declared a state of emergency. so far there are no confirmed deaths or juries. the number of -- or injuries. the number of people unaccounted

for is expected to go down as cell service improves and rescue teams continue to survey the area. wnba star brittney griner will appear in a russian court today. she pleaded guilty earlier to drug charges and faces a ten-year prison sentence. griner's lawyer said that she broke the law unintentionally. the 31-year-old has been detained since february after russian authority said that she carried vape cartridges containing hashish oil to the airport. russian officials say griner could appeal her sentence or apply for clemency after a murder has been delivered. and president biden will meet with the prime minister of israel today as he continues his four-day swing through the middle east. yesterday he stopped at the world holocaust remembrance center in jerusalem. he presented a wreath where the remains of holocaust victims are buried. he also tried to reassure israeli leaders about his goal to stop iran's nuclear program. biden said that he'd be willing to use force as a last resort

and remains committed to bringing back the iran nuclear deal. >> the only thing worse than the iran that exists now is the iran with nuclear weapons. and if we can return to the deal and hold them tight, it was a gigantic mistake for the last president to get out of the deal. >> the u.s. and israel are expected to unveil a joint declaration today establishing their close military ties and strengthening calls to take action against iran's growing nuclear program. back in washington, house lawmakers have passed a bill to create a warning system for active shooters. 43 republicans and all but one democrat voted for the measure last night. under the bill people would be alerted if there's an active shooter in their community. meantime, supporters of stronger gun-control laws took their message to the nation's capital. families and survivors from uvalde, texas, and other mass shootings rallied yesterday. they're calling for a ban on

assault weapons. >> reporter: the agony and anger of losing loved ones in recent mass shootings nationwide took center stage on capitol hill. >> our communities are paying the high price. we're paying the price of our sanity. we're paying the price of our peace. >> reporter: last week a mass shooter killed seven people at a fourth of july parade in the chicago suburb of highland park. >> highland park is an experience, something that no community should ever experience. >> reporter: mary jo tinkoff, a ran for their lives that day as the 21-year-old suspect opened fire using a high-powered military-style assault weapon. >> i look over at my husband, i glance at him and he screams, "run." >> reporter: newly released surveillance video shows police inaction as the shooter massacred students and teachers. with president biden overseas, several of the families impacted

by the gun violence in uvalde and in highland park came to the white house to talk to deputy-level staffers about what can be done to prevent future tragedies. >> we want a federal ban on assault weapons now. >> reporter: u.s. lawmakers passed a new gun-control bill last month requiring enhanced background checks among other things for anyone under 21 buying firearms. but president biden is pushing for congress to go further, calling for the return of the assault weapons ban of 1994 that he helped pass when he was a senator. debra alfarone, cbs news, the white house. coming up, shark attacks. not one but two attacks are reported on beaches in new york. you'll hear how one victim put up a fight. and history at the u.s. capitol. a civil rights pioneer is honored with a statue. this is the "cbs morning news." news."

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an ohio man has been charged with raping a 10-year-old girl who was forced to get an abortion in another state after the supreme court overturned roe v. wade. gerson fuentes was arraigned in court yesterday and is being held on $2 million bond. a police investigator said the 27-year-old confessed to attacking the girl at least twice. abortions are banned in ohio after the sixth week of pregnancy. the rule went into effect just hours the supreme court issued its decision last month. there were two shark attacks at beaches in new york, and actress amber heard had another legal setback. those are some of the headlines on the "morning newsstand." the "associated press" reports a judge rejected amber heard's request to set aside a $10 million judgment in favor of her ex-husband, johnny depp. the actor won a defamation suit against heard in a civil trial last month. she wanted the verdict set aside

or a mistrial, a mistrial declared citing a case of mistaken identity with a juror. her claims were rejected by the judge who said the juror issue was irrelevant and there's no proof that she was prejudiced. "usa today" says 7-eleven is offering a $100,000 reward for information leading to an arrest in a deadly string of shootings in southern california. authorities say a masked gunman robbed six stores, killing two people and injuring three others. the crimes happened in san bernardino, riverside, and orange counties on july 11 or 7-eleven. that's when the convenience store celebrates its anniversary. it's unclear just whether the date is significant to the crimes. the motive is still under investigation. and cbs new york says two more shark attacks were reported on long island. officials say a surfer suffered a bite several inches long from a four-foot shark yesterday morning. the 41-year-old was paddling with his arms when he felt teeth on his leg, and that's when he punched the shark.

>> was knocked off his board, and then saw the shark coming back around toward him, and at that moment. very fortunate that a wave came in and helped push him toward the shore. >> the surfer is expected to be okay. hours later at a different beach wabi on his wrist and izona backside. his injuries are not life threatening. still to come, a return to st. andrews. we'll hear from tiger woods as he gets ready to compete today in the british open. i'm on a mission to talk to people about getting screened for colon cancer, and hear their reasons why. i screen for my son. i'm his biggest fan. if you're 45 or older at average risk, you have screening options, like cologuard. cologuard is noninvasive and finds 92% of colon cancers. it's not for those at high risk. false positive and negative results may occur. ask your provider if cologuard is right for you.

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here's a look at the forecast in some cities around the country. ♪ the third super moon of 2022

put on a spectacular display across the night sky. it's known as the buck moon or thunder moon, according to the old farmer's almanac. supermoons are full moons that orbit closer to the earth than usual, so they appear bigger and brighter than regular full moons. the next super moon will be august 11th. commercials are soon coming to netflix, and walmart is going green with online deliveries. matt pieper has the cbs "money watch" report. >> reporter: yet another day of wall street stock declines wednesday after the latest report showing surging inflation added to recession fears. the dow lost 208. nasdaq down 17. the s&p 500 also losing 17. the u.s. is getting another covid vaccine choice as the fda authorizes novavax's shot for emergency use in adults. it is the fourth coronavirus vaccine available in the united 18 a older, but just the

independent vaccine advisors still must weigh in, and the cdc director then has to sign off on the recommendation. nearly a quarter of american adults still have not gotten their primary vaccinations. since it began 15 years ago, netflix has prided itself on being commercial free. not anymore as the streamer will soon offer a cheaper version with the catch being advertisements. netflix will partner with microsoft on the plan expected sometime before the end of the year. and check out this electric van. it could be delivering your online order from walmart next year. the superstore giant signed a deal with e vehicle maker canoe to purchase 4,500. walmart says advanced deliveries will begin in the coming weeks in the dallas-fort worth area. that is your cbs "money watch" report for this thursday morning. i'm matt pieper, cbs news, new york. well, there was a historic tribute at the u.s. capitol as a

statue of civil rights leader mary mccloud bethune was unveiled. the trail blazing florida native with a statue in the national statuary hall in more than 150 years. >> the impact of dr. bethune is known to us.prod woman who ederself uan others. >> dr. bethune was determined to create opportunities for every child, every child, regardless of the color of their skin. >> bethune's statue replaces a sculpture of a confederate general. up next, a fish out of water. a black bear takes a dip in a back yard coy pond. we'll show you why he does not stay longer. stay longer.

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>> a black bear in massachusetts picks the wrong back yard pond to cool down in. just take a look at this. as the bear soaks in the water while the coy carp who live in the pond come around to check out the stranger. after about a minute, the bear decides that, you know, he's had enough with the fish, and he gets up to leave. the homeowner installed the security camera after other bears and wild animals made frequent visits to the back yard. looks like he's enjoying himself. from a bear to the most popular tiger in the world, tiger woods is back in action at the british open in scotland. he's won the tournament three times in his career including twice at st. andrew's. earlier this week woods said don't count him out even at the age of 46. >> it just takes a lot of knowledge and understanding how to play this type of golf. and you know, with the fairways being fast and firm, it allows

guys who are older to run the ball out and have a chance. >> woods tees off at 9:59 a.m. eastern time. he played at the pga championship back in may, but withdrew after the third round. and you may know rob zombie for his heavy metal music or directing horror movies, but his latest project is a love story. the one between herman and lily munster. >> looking for a vision, a queen, a true love. >> what exactly do you want? >> is herman munster in there? >> ah! >> uh-huh. >> the trailer for "the munsters" movie was released. zombie says he's waited two decades to give his spin on one of america's favorite spooky families. the movie hits theaters in september. "the munsters" tv series originally aired on cbs from 1964 to 1966. coming up on "cbs mornings," carter evans has a closer look at great white sharks in southern california as

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. right now on kpix 5 at 5:00 a.m., time is running out to stop the spread of monkeypox as they make a more aggressive

response to the outbreak. as flames continue to grow, containment on the washburn fire is up. here in the weather center, we're talking about the warming trend as we head into the weekend. if you're up early just like us, we'll have a look at the roadways and have a live look at the bay bridge. that altamont pass commute already in full swing. if you're an avid wine drinker, you'll want to hear about this, a new mexican wine bar is opening today in san francisco. they say it's the first-of-its-kind in the nation. we've got an inside look coming up. jocelyn, i'm looking forward to seeing that story from you. it's time to look at this morning's top stories. another covid-19 wave, the subvariant ba.5 is becoming the dominant strain. experts believe it's more transmissible than previous variants. it's also affecting people who are vaccinated. this subvariant stays in the body longer making