i'm janelle tamala, and welcome. facebook's market value has now edged beyond a trillion dollars for the 1st time. investors rushed to buy stocks after a u. s. judge dismissed major anti trust lawsuits against the company. the federal trade commission and $46.00 state attorneys general, sued facebook for anti competitive behavior, alleging its rapid growth had come at the expense of consumers. but a district judge has now ruled. there's lack of evidence that the company is a monopoly. our financial correspondent, ash, band days, joins us now from frankfurt. after tosh. what does this court decision me in the, for the ongoing efforts to rein in big tech in the us? well, jeanette, for one. it is a reality check for the government for thought it makers who are looking to rein in the big tech. it just shows that if they are to act against the big, big they've been, that action must be based on facts. it must comply with the law of land. it can just be driven by political reasons of motive. otherwise, it would not stand a chance in any court. that's like the big take away from this ruling

i'm janelle tamala, unwelcome. it was an arduous process, but us president joe biden has announced a bipartisan senate deal to spend nearly a trillion dollars on infrastructure over 5 years. the money will go toward building roads, bridges, and highways, and help stimulate the economy. the rare bipartisan support could eventually open the door to biden's more sweeping, 4 trillion dollar proposals. here's what he had to say, that answer direct question. we have a do. and i think is really important. we've all agreed that none of us got what we all would that we wanted. i clearly didn't get all i want it. they gave more than, i think maybe there were why and given the 1st place. but this reminds me of the days we used to get an awful lot done up in the united states congress. we actually work by part, bipartisan deals, maybe compromise our financial correspondent young card that joins us from new york . yes, it's more of a victory for bite him than anything else. but as he said there, this is a compromise, a compromi

i'm janelle tamala, unwelcome. it was an arduous process, but us president joe biden has announced a bipartisan senate deal to spend nearly a trillion dollars on infrastructure over 5 years. the money will go toward building roads, bridges, and highways, and help stimulate the economy. the rare bipartisan support could eventually open the door to biden's more sweeping, 4 trillion dollar proposals. here's what he had to say. that answer direct question we have to do. and i think it's really important. we've all agreed that none of us got well we all, when we want it, i clearly didn't get all i want it. they gave more than, i think maybe there were trying to give in the 1st place. but this reminds me of the days we used to get a lot a lot done up in the united states congress. we actually work by part, bipartisan deals, maybe compromise our financial correspondent, young court that joins us from new york. yeah, it's more of a victory for bite him than anything else. but as he said there, this is a compromise, a compr

i'm janelle tamala, unwelcome. we begin in texas. we're more than 150 hospital employees have been laid off or quit after. refusing to get inoculated against coven, 19 making vaccination, and employment requirement is a contentious issue that has employers weighing personal freedoms against group safety. it's an issue. many companies are grappling with. discussions with her employer made no difference in the end. jennifer bridges has just learned that she lost her job as a nurse here. the reason she refused to be vaccinated against covet 19 varying that could be side effects. make free to protocol thing. we had to take a maxine bird change or we'd be on a 2 week until leaving and determination. and yesterday, june 23rd with our last and this friend transferred to me, i just got my phone call stating. since i did not choose to take the shot, i will be terminated. as of today we had to use methodist hospital. most of the more than 26000 employees have already been vaccinated. the hospital says that science shows that vaccinations are n

i'm janelle tamala on welcome. the u. s. economy is firmly back on track, and the recent inflation balance is likely to fade. that's the view of federal reserve. chief chairman jerome powell, he testified about the central banks pandemic response before a us congressional hearing on tuesday. while powell said, the recent inflation rise was notable. he said it was due to several unique effects of the pandemic. the fed expects inflation to drop back to normal levels one to those effects ease. on the wider economic recovery, he warned that it was uneven in the u. s. with african american hispanic, and low paid workers worst hit by the economic crisis. our financial correspondent, young core to join us now for more young power seems pretty confident that these price increases will wayne, that they're a temporary and only due to pandemic related factors that confidence widely shared . well, i mean jerome paul might be right, but i would say the jury is still out how temporary those price increases are just on tuesday. for example

i'm janelle tamala, and welcome for us commerce department reported that a closely watched indicator for inflation is up almost 4 percent over the past 12 months. the largest annual increase in nearly 3 decades, and prices are jumping nearly across the board from food to gasoline to real estate analysts attribute the ballooning price tags to a variety of factors, including supply chain issues as manufacturers failed to keep pace with spiking demand as the economy reopens our financial correspondent, young core to join us. now there you are young, and the higher inflation numbers have been consistently downplayed as something temporary, but surely, especially low income households are affected by these rising prices. yeah, sure. i mean, the more money you make, the less you care if a gasoline prices, for example, are up at the gas station here in my back a year ago. prices were about $1.00 lower. not per liter for a gallon, but yes, sure. i mean, also food prices, if they increase for low income people that the much bigger problem than for people who make more money. so the federal re