connected tv. i'm dan lieberman, cbs news, new york. it's thursday, november 3rd, 2022. this is the "cbs morning news." down to the wire. final sprint to next week's midterm elections as biden, trump, and obama make closing arguments for candidates in tossup states. sweeping report. allegations of a cover-up of sexual misconduct and insider trading. the investigation and settlement involving former cbs president les moonves. no winners. the massive powerball jackpot keeps on growing. the new total for saturday night's drawing. good morning, and good to be with you. i'm anne-marie green. with just five days to go until the crucial midterm elections, presidents past and present are

pleading their cases about what's at stake. in a speech at washington's union station, president biden warned that election deniers pose a threat to democracy while blaming former president donald trump for inspiring them. trump called in to a phone rally with republicans candidates in arizona where he urged voters there to, quote, save the country by electing candidates he's endorsing. former president barack obama was in arizona in person where he, too, raised concerns about the state of democracy. debra alfarone is in washington with more. good morning. >> reporter: good morning, anne-marie. after focusing on abortion rights early on, democrats are now shifting their message, as you said. they're saying democracy is on the ballot. while republicans say that in and of itself is divisive, and they're blaming democrats for making everyday life more expensive. >> are you going to start yelling? >> reporter: former president barack obama took on a heckler at an arizona rally.

>> you have to be polite and civil. set up your own rally. >> reporter: he called out politicians who, quote, stir up division. >> this increasing habit of demonizing political opponents and thinking not that i disagree with somebody but that they're evil or wrong, that creates a dangerous climate. >> obama's presence here is a distraction for who's not here. joe biden. right? where is joe biden? >> reporter: arizona's republican candidates were also on the campaign trail wednesday with former president trump dialling into a telerally to voice his support. >> we have to basically in a nutshell save our country because our country is going bad. >> reporter: in a major speech in washington, president biden invoked the violent attack on house speaker nancy pelosi's husband as he urged all americans to denounce election deniers and political violence. >> we must in this moment dig deep within ourselves and recognize that we can't take democracy for granted any longer.

>> reporter: internal cbs news analysis has found that more than 300 republican candidates for statewide and federal office have raised doubts about the validity or integrity of the 2020 election. senior u.s. officials who were monitoring election threats say they are concerned that false claims against this year's midterm election results, particularly if spread on social media, have the potential to lead to violence. and capitol police say that threats against members of congress have risen tenfold since 2016. president biden is going to head to albuquerque, san diego, and philadelphia in the coming days. and former president trump is going to hold a rally in western pennsylvania this weekend. anne-marie? >> all right. thank you very much. breaking overnight, the u.s. is condemning north korea's launch of an intercontinental ballistic missile that triggered an alert for residents in parts of japan to seek shelter. it was followed by two

short-range ballistic missiles launched into the sea. north korea's longest range missile may have failed in flight and landed in the waters between the korean peninsula and japan. the launches came a day after north korea fired at least 23 missiles. a top lawmaker is demanding answers from the u.s. capitol police following the attack on house speaker nancy pelosi's hudat their san francisco -- husband at their san francisco home. the head of the house committee overseeing the agency, democrat zoe lofgren, sent a four-page letter to the capitol police chief. she wrote the attack on paul pelosi raised significant questions about securities protection for members of congress. she also asked the department to spell out its plans for protecting lawmakers and their families. capitol police said a camera focused on pelosi's home was not being monitored during the attack since the speaker was not there at the time. and turning to the economy now. interest rates are climbing high again.

the federal reserve is once again taking action in hopes of easing inflation. bradley blackburn reports. >> reporter: federal reserve chairman jerome powell says interest rates have to go up to bring inflation and prices down. >> price stability is the responsibility of the federal reserve and serves as the bedrock of our economy. without price stability the economy does not work for anyone. >> reporter: the board is raising a benchmark rate .75%, the sixth increase of the year is an attempt to cool off the economy. rising interest rates are having some effect. mortgage rates doubled over the past year and are now at a 20-year high. that's causing home prices to fall. and the average interest rate that has fewer people visiting lots which is helping build more supply. >> now that the inventory's starting to normalize, the used car prices are starting to come down. >> reporter: prices for many other items continue to rise, including necessities like food

and electricity. that's why economists predict the fed will keep raising rates in the coming months. it could ease the size of increases. >> it there was a mention that the fed may kind of take a deeper breath or maybe not raise rates by as much in the next series of meetings to see how those interest rate increases are filtering through the broader economy. >> reporter: the fed's ultimate goal is to see the current inflation rate of 8% come down to just 2%. bradley blackburn, cbs news, new york. parkland, florida, school shooter nikolas cruz was sentenced to life in print without the possibility of parole. he listened as a judge pronounced one by one 34 life sentences and one -- that is one for each of the 17 people he killed and the 17 people he killed and 17 he wounded at marjorie stoneman douglas high school in 2018. the sentencing followed another day of victims' families confronting cruz.

>> we are sad, hurt, lonely, empty, and horrified. yet we are strong. >> we've had to endure spending our time for birthdays at a cemetery. >> last month a jury voted 9-3 to sentence cruz to death, but florida law requires a unanimous verdict for the death penalty. cbs and its former president les moonves reached a more than $30 million settlement with a new york state attorney general's office over allegations of a cover-up of sexual misconduct, misleading investors, and insider trading. it involves a state investigation into allegations that cbs and some senior executives were aware of sexual assault allegations against moonves and intentionally concealed them from regulators, shareholders, and the public for months. the attorney general's office alleged that cbs executives conspired with the los angeles police captain. moonves resigned from cbs in

2018, and most of the settlement money will go to cbs shareholders. paramount global, now the parent company of cbs, did not admit wrongdoing as part of the settlement. saturday night's powerball jackpot will be worth a whopping that's because no one hit all six numbers in last night's drawing. saturday's top prize will be the third largest lottery jackpot in u.s. history. if the winner chooses the cash option, they will get an estimated $746 million. good luck. coming up, world series no hitter. the houston astros make history in game four against the philadelphia phillies. and later, go easy on adele. she sets the record straight on the right way to pronounce her name. this is the "cbs morning news." bouncing ball to third. just in time. full plate. wait, are you my blind date? dancing crew. trip for two. nail the final interview. buy or lease? masterpiece.

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thrown just in time. the astros have a world series no-hitter! >> well, you heard it. the houston astros made history last night in game four of the world series. they used four pitchers to throw a combined no hitter against the philadelphia phillies. just the second no-hitter in world series history. final score, 5-0. game five is tonight in philadelphia. the owners of the washington commanders are considering selling the team, and a manhunt for an accused shooter is over. those are some of the headlines on the "morning newsstand." "the newark star ledger" alleges a suspect accused of shooting two police officers was arrested. 30-year-old kendall howard was taken into custody yesterday in the same apartment building where tuesday's shooting took place. officers have been looking for him in connection with another shooting when they spotted him in a parking lot. that's where they were shot and wounded. officials praised citizens who helped the injured officers. >> i want to thank the heroic

efforts of the officers that came to the aid of the officers that were shot. especially the civilian that came to the aid of officers who were shot. shots being fired, we can see and hear the shots being fired, and they're there bending over trying to drug this officer to safety. >> one officer was released from the hospital yesterday. the other is in stable condition. both are expected to make a full recovery. "the washington post" says washington commanders' owner daniel snyder is considering selling the team that he's owned for more than two decades. the commanders said snyder and his wife have hired bank of america securities to consider potential transactions. it's not clear if they would sell the entire team or a minority share. snyder and the team have been the subject of multiple ongoing investigations into allegations of workplace harassment and financial improprieties. and the "associated press" says a preliminary study found the psychedelic chemical in

so-called magic mushrooms may ease depression in some hard-to-treat patients. the findings published in the "new england journal of medicine" say modest effects were seen in people who received little relief from standard anti-depressants. researchers say more studies are needed to determine the effectiveness and safety of using the chemical for depression. still to come, kyrie irving takes responsibility. the latest response from the brooklyn nets star amid a controversy over an anti-semitic film. this is gloria. she never gives up— no matter what life throws her way. high cholesterol. heart disease. 37 red-eye flights in the middle seat... ... 11 miracle diets... ... 1 minor stroke... ...and 4 citywide blackouts. with leqvio, gloria can keep her cholesterol low— and so can you. when taken with a statin,

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dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones here's a look at the forecast in some cities around the country. ♪ brooklyn nets star kyrie irving said that he's taking responsibility for the negative impact on the jewish community caused by a tweet he posted.

irving faced heavy criticism for posting a link to an anti-semitic film last week and then refusing to apologize for it. yesterday in a statement he said that he opposes all forms of hatred and oppression. he also said that he and the nets will each donate $500,000 toward groups that work to eradicate it. the statement went on to say, "i do not believe everything said in the documentary was true or reflects my morals and principles. i am a human being learning from all walks of life, and i intend to do so with an open mind and a willingness to listen." netflix is launching a new subscription plan today with ads, and your thanksgiving dinner will cost you a bit more this year. dan lieberman has those stories and more in today's cbs "money watch" report. >> reporter: wall street stocks tumbled on wednesday after federal reserve chair jerome powell said inflation was still too high and more rate hikes are ahead. the dow is down 505. nasdaq dropped 366 points. s&p fell 96. cvs and walgreens have

agreed in principle to settle lawsuits over the toll of opioid prescriptions for a total of about $10 million. settlement talks continue with walmart. this comes after years of litigation between the government, drugmakers, distributors, and pharmacies over opioids. the government arguing pharmacies were filling prescription they should have flagged as inappropriate. more than 500,000 deaths in the u.s. over the last two decades have been linked to opioids. netflix is launching its new advertising-based streaming plan today. the $7-a-month offering costs less than half the price of its basic plan and will include four to five minutes of ads per hour. with the new tier, netflix said viewers won't be able to download shows for later viewing. and inflation will hit the thanksgiving table this year. the cost of turkey, meats, baking goods, and popular side dishes will cost about 13.5% more compared to last thanksgiving. that's according to market

research firm iri. many shoppers are not surprised, though. some 38% of consumers are expecting to pay more. that's your cbs "money watch" report for this thursday morning. i'm dan lieberman, cbs news, new york. up next, adele sets the record straight. the singer reveals the real way we should be pronouncing her name. ghirardelli intense dark. ♪♪ bold... rich... intensely delicious dark chocolate. ghirardelli intense dark. makes life a bite better. ♪♪ this is how it feels to du more with less asthma... ...thanks to dupixent. dupixent is not for sudden breathing problems. it's an add-on treatment for specific types of moderate-to-severe asthma. and can help improve lung function for better breathing in as little as two weeks. dupixent helps prevent asthma attacks...

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♪ vanessa bryant had a special tribute to her late husband kobe and daughter gianna.yant sred af on instagram to mark day of the dead, a holiday that celebrates loved ones who have died. she wore a gown with a purple heart and the number two, that was her daughter gianna's number, and a crown with 24 stars to mark the number her late husband wore. kobe and gianna died in a helicopter accident in 2020. proving that it's never too late, the beatles are out with a new video for a song they recorded in 1966. ♪ please don't wake me ♪ ♪ please don't change me ♪

♪ i'm only sleeping ♪ >> the new video for "i'm only sleeping" features a dreamlike animation made from 1,300 oil paintings. em cooper, who directed the video, said the track felt very relevant right now. >> when i saw the opportunity to work on "i'm only sleeping," it was really amazing. it kind of sparked a huge load of ideas straight away for me. >> the song was featured on the beatles' 1966 album "revolver" which is now out in a special edition. it seems most of have us been pronouncing adele's name incorrectly, including me, throughout this entire show. during a recent q&a with fans, the grammy-winning singer said her name is pronounced a-dale, not adele. it's a long-a sound on the second syllable. i guess a british accent apparently helps, as well. a-dale. so coming up on "cbs mornings," "yellowstone" actors luke grimes and kelsey asbillie

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good morning. it's thursday november 3. lawmakers on edge, attack on paul pelosi is top of mind for officials. the urgent

call from a local lawmaker. reversing course. elon musk putting out a message to users who got kicked off of twitter. it's another chilly day. we have more rain heading into the weekend. we'll tell you when that will pinpoint your local area. bracing for cold. preparations underway for what could be the coldest season heading our way. the attack on paul pelosi is top of mind for lawmakers across the country including one local lawmakers who says she has serious questions about safety of people in presidential line of succession. sara donchey with our clearest picture of the disturbing chain of events that happened inside the home. >> reporter: cameras caught nancy pelosi leaving under heavy guard. the attack on her husband is drawing new scrutiny. there is a four page letter to capitol police demanding answers about protections for lawmakers. co