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brian: the fed chair just reappointed by joe biden,ier roam powell said the same thing in testimony. the president is playing politics. you can't get baby formula. he tells us to buy electric cars that cost $60,000. i wonder the they can fit that on his little card and tell him to speak coherently. we'll get through it and hopefully get people what they need. >> this is a tremendous time of change in hollywood. brian: she signed with fox for $150 a weeks. >> shirley temple was one of the biggest stars in the whole world during the depression. and a lot of funding came in from her films. shirley was a fox treasure. brian: the history of hollywood from the fox lot perspective. i hope you watch us on foxnation. i had the pleasure of spending the day with virginia governor glenn youngkin. congressman michael waltz breaks down what's happening with gun safety in america. you are watching "one nation." it's saturday. i'm steve, i lost 138 pounds in nine months on golo and taking release. since taking release, my sleep is way better. my inflammation has gone way down. i'm nonstop now, i fee

but i think also we're starting to warm up to bonds we said in august of 2020 that bonds were risk ier yield levels there is an entry point for some investors. i think you will start to see money shift somewhat and we saw it last week and last month. there is still a lot of cash remaining on the sidelines >> a big day for corporate deals as well. let's go to apple. the company announcing a number of new developments this afternoon including a buy now and pay later service that sends shares of affirm into the red. steve, some of these product and software announcements were expected, right? so anything come as a surprise to you and others following this today? >> the buy now and pay later thing was reported on earlier and was expected but if you look at what thae doing there is a buy now and pay later thing, the ability to tap your iphones together to do peer to peer payments, and then they really stated their goal saying hey, we want to get rid of everything in your wallet and put it on your i fiphone they're making progress with some of that, but it really stuck out to me how the wall

. >> you had a great, ier forget the phrase, like it was a big gay. >> big black and queer ass americanome shows where if an audience is from new york, they really get the show f they are not they don't enjoy it so much. but if the odd yeps is black maybe they get it more or less. this was one of those shows where everyone was enjoying it from a different perspective. >> a lot of different reference points in it because that is kind of what st like to be a person. you are made up of all of your reference points, history, different memories, everything. and so the main character, usher, that shis name, he loves a lot of din things but he hates a lot of different things so my sort of hope was by exposing the audience to that, everybody can meet usher in the show wherever they are and take from it what they need to. and that the show is sort of promoting the spirit of inclusion for anybody who decides to come in and stick it out >> i don't think anybody st sticking it out, genuinely. >> there are some difficult moments for some people. >> i think that is what made it so amazing is it is no

campbell's soup, one of the biggest gainers in the s&p 500 after the packaged food maker raised its full-ier covid vaccine makers also on the look and moderna up after reporting its boost are shot and triggered a stronger immune response versus the vaccine against the omicron variant after it cleared a key hurdle in the approval process for the covid vaccine candidate in the u.s you have intel lower after analysts at city said the chipmaker could possibly make a negative earnings preannouncement or miss current quarter forecasts and that has those shares lower and the biggest decliner in the s&p is altria which got downgraded by analysts by morgan stanley due in part to competitive risks in the future and weaker consumer sentiment and all things playing out and i'll send things back over to you. thank you very much. let's move over to the bond market where yields are continuing to move up ahead of friday's inflation report and rick santelli tracking the action for us. hi, rick >> hi, tyler you nailed it. this may cpi report that's coming up at the end of the week, we're looking at month over

the shooting happened after two early ier incidents. >>> in texas, we know when a preliminary report be released. but that's prompting its own questions. the report from the texas house committee should be released by mid-july, nearly two months after the shooting. it is leaving grieving community members wondering what actually happened on the day that gunman opened fire inside a classroom killing 19 children and two teachers. cnn's rosa flores is in uvalde. so, rosa, what is behind the delay? >> reporter: you know, dana, here is what we know, according to a source close to this committee, the investigation is expected to wrap up by the end of this month, and writing the report could take up to two weeks. now what could delay that is if some of the individuals who the committee wants to hear from do not voluntarily come to testify either here in uvalde or at the texas state capitol. now, if that happens, then the committee issues subpoenas, that, of course, takes more time, which could delay the issuance of this report. now, this is a fact-finding report, this is a fact-finding miss

were to look at their two year known as the shots and it closed at 63 basis points and that is an 11-ier high back to the foreign exchange market and we can talk about how hard dollars are giving up major gains and hoanies are still stuck in the pre-made peak, trying to explain away the issues with their earnings and multinationals, but boy, oh, boy, they've ramped up pressure many central banks like the ecb. this is the 20-year chart, because not more than a month ago, we're at 20-year lows against the greenback. boy, how things have changed and we're hovering near a five-week high on the euro versus the dollar and if you look to other areas like china we've seen the dollar give up hard-fought gains there as well and we all know tomorrow's important, but boy, especially after today's adp, everybody better tune in tomorrow to watch the game and the big report. kelly, back to you >> i won't steal the show by asking for your guess, risk. that's my favorite part of the morning. >> let's turn to oil and commodities. oil closing for the day, higher this afternoon after dropping in the morning

the labor market has remaineder in a 50-ier low and wage growth elevated over the past three month itrage of 408,000 jobs per month, down from the average pace seen earlier in the year, but still robust improvement in labor market conditions have been widespread including for workers at the low-wage distribution as well as african-americans and hispanics. labor demand is very strong. while labor supply remains subdued with the labor force participation rate, little changed since january. fomc participants expect supply and demand conditions in the labor market to come into better balance, easing the upward pressures on wages and prices. the median projection in the sep for the unemployment rate rises somewhat over the next few years, moving from 3.7% in the end of this year to 2024 levels noticeably above the march projections. >> inflation remains well above our longer run goal of 2% over the 12 months ending in april. total pce prices rose 6.3% excluding the volatile food and energy categories. core categories rose at 2.9% the consumer-price index came in at 8.6% and the change in t

but the ier k keeps saying i'm running. i'm running, i'm running colonsay. we're running and democrats are real quick. yeah. yeah. all right. i can't wait for after november when she goes even farther tha and says, oh , joe's not running because he's not running. laura , if we all need to stop pretending that joe biden will run for reelection, he's going to announce after the election or early next year he's not a candidate. i'm still hung up on ticket mate. nthere's got to be some double meaning to this . i got yeah, i know how to use the word master. she was thinking of ticketmaster so she had to say ticket mate, okay. oh , my goodness. alless right, tom , great to see you both. and we have horrifying breaking news out of c new york city tonight . a woman was killed after she was shot in the head while walkingle the baby stroller on the upper east side of manhattan. police sayol the incident happened on leks and east ninety fifth aroundun eight twenty five p.m. still light out. obviouslydight. and this doesn't look to be an accident. police say the 20 year

credit score i found a ding and then i foundff a ding and then i foundff a couple of inquiries that ierhave not initiated credit repair .com immediately understood my situation. they offered a plan that i could follow very easily. my score jumped up almost 60 points and that allowed me to refinance my mortgage quickly and see my monthly payments drop by hundreds of dollars. that credit doesn't have to be worked for their credit card getting frustrated to play politics with them. that would be accountability on the same wavelength as you do in life. you have to double down for some cpac to close out our week of conversations o about h the links between heavya marijuana use and violence. we bring you a conversation with an hasselhe's she's a formb pot dispensary bud tenders. it's called who said her mindgh was hijacked by these high potency thc concentra and at one point she was vividly daydreaming about beating people with a baseball batat or shooting people with a gun. here she isng describing this transformation. they told me it was more medicinalme so i trustedte them. d and after i b

well, ier any chance you get tht you gotot the timeline when nobody else did and by the wayt ,perfect timing. what else might thank you . shooting and what elsewe might e learn in terms of your department, the department of defense and your efforts to protect the capital that were ignored? what else might we learn about donald trump's efforts to protect the capital that nobody had been talkingng about? i want to juxtaposition the lead up too the january 6th and we've already covered that versus what happened on january 6th and afterwards one thing i highlighted was the failure to install a no i clean fence around the perimeter to secure the border. we secured it. i as chief of staff dod overnight and installed it on january six . that .uld have done they refused to do so. now turning back to nancy pelosi and chuck schumer, i think what are going to learn is their activities on january 6th. the same peoplesame that didn't want a single national a guardsmen and women called me and the secretary defense at dod and said we want crew t serviced weapons and armorro tanks to protectte the ca

accelerate rate hikes and they may consider out of control inflation cpi index accelerated in may to a 40-ierar expectations are the highest since 2008 the move, if it happens would be an about face for fed chair jay powell he said at the last fed conference the fed was not actively considering 756 a 75 move would be a clear signal the fed is not satisfied with how progress is happening markets think this will amount to repricing yields can you see, a 184 expectations a couple weeks ago. for august, now 225. january's gone from 282 to 361 up near 4% for july 2023 and then that slight decline is now expected for december 2022 that was always sort of built in now it's a full quarter point rate cut is built in for the end of the year. but faster rate hikes have consequences for the economic pain that echoes on main street and wall street. tan td securities with a call, saying we believe this shows the fed is more determined to do what it takes to end the inflation overshoot as fast as possible certainly going to be a question for powell on wednesday. whether he has abandoned the hope for a soft