we have some news about the red arrows. i'm sad news i about the red arrows.ecause the finale was meant i about the red arrows. i'm sad news because the finale was meant to i about the red arrows. i'm sad news because the finale was meant to be | about the red arrows. i'm sad news| because the finale was meant to be a fly past _ because the finale was meant to be a fly past by— because the finale was meant to be a fly past by the red arrows of buckingham palace. they are hugely popular— buckingham palace. they are hugely popular but it's been cancelled because — popular but it's been cancelled because of the bad weather. so we're not going _ because of the bad weather. so we're not going to _ because of the bad weather. so we're not going to see them which is a real shame, especially for many children— real shame, especially for many children because i know that kids absolutely love the red arrows but that's _ absolutely love the red arrows but that's being cancelled. it absolutely love the red arrows but that's being cancelled. if is that's being cancelled. i

i— the red arrows. i will be flying on the wing of red one. i am - the red arrows. ciation to her majesty the queen for— show appreciation to her majesty the queen for her service, an opportunity like no other. | queen for her service, an opportunity like no other. i know! will feel a lot _ opportunity like no other. i know! will feel a lot of _ opportunity like no other. i know! will feel a lot of pride _ opportunity like no other. i know! will feel a lot of pride as - opportunity like no other. i know! will feel a lot of pride as they - opportunity like no other. i know! will feel a lot of pride as they go l will feel a lot of pride as they go ahead, but also nerves as they make sure they get it right. t ahead, but also nerves as they make sure they get it right.— sure they get it right. i hope that when people _ sure they get it right. i hope that when people see _ sure they get it right. i hope that when people see us _ sure they get it right. i hope that when people see us they - sure they get it right. i hope that when people see us they don't i sure they get i

they watched 70 aircraft take part in a spectacular fly—past, which included the world—famous red arrows of thousands of people from around the uk and from across the world thronged the streets hoping to catch a glimpse of proceedings. if i had one thing to say to the queen, i would say, "you've done an amazing job of 70 years on the throne." god save the queen! enjoying the ride — george, charlotte and louis made their debut appearance in a royal carriage at the trooping the colour parade. more than 3,000 beacons have been lit up around the country and the commonwealth to mark the queen's reign. but it's been announced that after experiencing some discomfort the queen now won't attend a service of thanksgiving at st paul's tomorrow. also tonight: ukraine urges the west to step up the delivery of weapons as fighting intensifies in the east of the country. and 17 wickets fall on the first day of the first test between england and new zealand at lords — the match is finely balanced. good evening from buckingham palace, which as you can see is lit up with images of the queen throughout her

the royal family watched the world famous red arrows.s of thousands of people from around the u.k. and the world roamed the streets, helping to catch a glimpse of proceedings. >> and i had one thing to say to the queen, i would say you have done an amazing job. >> a group of animal rights protesters tried to stop the ceremony but was dragged away by police. sandra will miss tomorrow's ceremony -- prince andrew will miss rouse ceremony after pot test testing positive for covid. hello and welcome. if you are watching in the u.k. or around the world, hundreds of thousands have lined the street of london and taken parties -- part in street parties to marcus lee platinum julie. -- to mark the platinum jubilee. the return of the toping of the color began the celebrations. the queen is joined by the working royals on the palace balcony. it has been quite a day. >> there are stillple out on the balcony, getting chilly but there are still hundds of people down behind me towards the palace, where it is shut off because they are doing rehearsals fo

this is the red arrows. >> the queen loved that 70 and here come the red arrows, which will finish off this inkrcredib aircraft, tribute to the pilots who put so much planning into that. ♪ ♪ ♪ >> i don't think prince louis will have any issues with his public role going forward. >> very comfortable. very comfortable indeed. >> let's take a moment to really sort of digest what we have seen. we're not going to see another moment like this in our lifetimes. a british monarch who served 70 years on the throne. her next two heirs, you know, unimaginable they're going to be able to achieve that. who knows what is going to happen in the future. but this was a crowd pleaser. if you look at the aerial views, there are huge crowds here and this is really the only time the queen gets a real sense of her doing things right. this is how she can measure how popular she is. she can see it in the eyes of her subjects. so this was a big moment for the queen and for the country, and bianca, would you say this is a big moment for the british people across the board as well as we come out of a difficult p

jubilee weekend, the typhoons in formation, saying 70 in the skies above her, a nice touch before the red arrows i defining image for thisjubilee weekend. find image for this jubilee weekend. and the crowds image for thisjubilee weekend. and the crowds clearly thrilled by it. daniela relph, many thanks. as you saw, thousands of people from around the uk and across the world have lined the mall to watch this morning's ceremonies. ashleyjohn—baptiste has been talking to the crowds. a sea of people, flags and jubilee i°y a sea of people, flags and jubilee joy lines the mall, leading to buckingham palace. hours before the trooping the colour parade had even commenced, there were already crowds, many having camped overnight, eagerto crowds, many having camped overnight, eager to witness the start of this long awaited platinum jubilee weekend. it start of this long awaited platinum jubilee weekend.— start of this long awaited platinum jubilee weekend. it makes you proud to be british! — jubilee weekend. it makes you proud to be british! |_ jubilee weekend. it makes you proud to be british! i am _ jubil

. >> reporter: the red arrows on wall street represent real money for american families, mutual funds, 401(k)s, college savings and pensions, all sliding. as today's report shows inflation even worse than last month. now running at 8.6%, the fastest pace since 1981 and there is nowhere to hide. food up 10.1% led by soaring egg prices as bird flu ravages chicken flocks housin up 5.5% and gasoline surging every day, 4.99 today's national average but $6.42 a gallon in california >> i'm stopping at 40. i'm not going over 40. i don't care where it gets me. >> reporter: also driving inflation higher, airfares >> domestic airfares averaging $403 round trip from here in atlanta out to l.a. up 65% from 2019. from new york to denver, up 58% from 2019 from chicago down to orlando, up 47%. at american coney island in detroit, third generation owner grace karros says her cost have soared this year. >> 26% on buns, 12% on paper bags 25% on a hot dog almost 30% on ground beef and chicken. >> reporter: in los angeles today, president biden blamed the higher prices worldwide on shippers who are price

. >> reporter: gloom and red arrows on wall street today as sky high inflation and a potential recession weigh heavily on investors. after being down 1,000 points the dow closed down 876 today, now down 16% for the year. the tech and biotech heavy nasdaq down 30% year to date, and the broader s&p index common in americans' portfolios sliding into bear market territory, down 21% year to date all of it real money for americans saving for their retirement, college savings or a new home >> the two things you can control even in a market like this is how much you save and how much you spend. and it's really important to stay on track. >> reporter: to tame 40-year high inflation the federal reserve is expected to raise interest rates again on wednesday, perhaps by another three quarters of a point. >> the fed has to worry about whether or not it can stick to those game plans and whether or not wall street will believe them down the line that's why fed credibility so to speak is so key right now. >> reporter: it comes as inflation is forcing americans to adjust their spending from los angeles -

. >> reporter: gloom and red arrows on wall street as sky high inflation and potential recession weigh heavily on investors. after being down a thousand points, the dow now 16% for the year the nasdaq down 30% year-to-date and the s&p index sliding into bear market territory, down 21% year-to-date all of this real money for americans saving for retirement, college savings or a new home. >> the two things you can control in a market like this is how much you save and how much you spend. and it's really important to stay on track. >> reporter: to tame 40-year inflation, the federal reserve is expected to raise interest rates again on wednesday, perhaps by another .75 of a point. >> it is whether or not wall street will believe them that's why fed credibility is so key. >> reporter: it comes as inflation is forcing americans to adjust their spending from los angeles >> road trips, there's just no way. >> reporter: to boston >> it feels like you can't catch a break almost >> reporter: where sophia lee is parking the car, riding her bike to work and babysitting to offset skyrocketing food a

they watched 70 aircraft take part in a spectacular flypast, which included the world—famous red arrowsthronged the streets hoping to catch a glimpse of proceedings. if i had one thing to say to the queen, i would say, "you've done an amazing job of 70 years on the throne." cheering. god save the queen! prince andrew will miss tomorrow's service of thanksgiving at saint paul's cathedral after testing positive for covid. the queen has taken the salute from the balcony at buckingham palace as trooping the colour begins four days of celebration for her platinum jubilee. earlier, there were thousands of people here lining the streets, and we spoke to some who've come from as far away as australia and the us. in a message to mark the event, the queen, who is the world's oldest reigning monarch, said she hoped the celebrations would create "many happy memories for people". at 96, her mobility is limited and she restricted her appearance to the palace balcony instead of inspecting the troops in person as is traditional. here's our royal correspondent nicholas witchell. for all that she wants t

a spectacular flightpath by the red arrows as 70 aircraftpaid tribute to the queen's tenure. >> peoplearound the u.k. on the world have been gathering to join in all of the celebrations. laura: we will bring you the latest on the ceremonies throughout the program and the rest of the days news. ♪ welcome to world news america on pbs and around the globe. we begin tonight in the united kingdom, where the pomp and pageantry is underway, marking queen elizabeth ii's platinum jubilee, her seven years on the throne. tributes have been pouring in from world leaders. president biden wished the queen a joyful celebration. katty kay is in london for us with a fantastic view of the festivities. the queen is the longest-serving monarch in u.k. history, and a singular global figure. it must be quite the party on the mall. katty: there have been people here all day. it has been jampacked buddies here at -- jampacked activities here. the queen walked out on the balcony to see the parade, and that was followed by a spectacular flightpath of military planes. in a statement earlier, the queen said she h

the bright red train is preparing to enter the line of the synergy two train almost like the red arrowthere are no passengers in it, engineers and adjusters ride on it, their task is to identify even minimal defects in the tracks , the rails themselves are separated by ultrasonic dyscopy, defects of the initial stage appear in size, say, a human hair can find. that is, it is some kind of crack or something, well, a crack is a defect that appears depending on the passage of some kind of knife rails. to do this, the train is equipped with the most modern equipment, infrared ultrasonic sensors are on a special suspension that reads minimal dents and cracks on the rails, the signal is fed to the computer. sign up on a computer, and special operators sit and browse. yes, the subject of defects is the operators carefully look at the monitors, study the graphs using a high-resolution camera, which installed next to the wheels, you can see any little things that are on the tracks. some kind of defect here we will show any. well change. here in these straight lines, and this screen reflects the

red arrows across the board, and a big slide on monday. >> overall just an ugly day. >> reporter: the dow joins by closing down 876 now 16% lower for the year. the tech and biotech heavy nasdaq down 30% year to date. and the broader s&p index, common in american's portfolios, sliding into bear market territory down 21% this year. real money that americans invest to one day retire, pay for kids college, or a new house. the advice from most financial experts, despite the high stress and anxiety, if you have a long-term time horizon don't panic. >> the advice for most people is just stick it out. don't try to change her portfolio now. >> reporter: meanwhile more americans in more states are hitting the so-called pain point. where got tops five dollars a gallon forcing them to cut back on driving or spending. >> i've already curtailed my driving as it is. >> reporter: as aost every american family budget. closing up 5%. housing up 5 1/2%. food up 10% in one year. new cars up 12 1/2%. used cars up 16%. outside detroit, ritz brown had to find a closer day care for her son. as she takes on a

also featured, buckingham palace, windsor castle, and a red arrow flyover by the royal air force's acrobaticwest. ben tracy takes us to las vegas to show us how the city is beating the odds when it comes to saving water. >>> i'm anne-marie green. this is the "cbs morning news." anne-mar. this is the "cbs morning news." (music) who said you have to starve yourself to lose weight? who said you can't do dinner? who said only this is good? and this is bad? i'm doing it my way. meet plenity. an fda -cleared clinically proven weight management aid for adults with a bmi of 25-40 when combined with diet and exercise. plenity is not a drug - it's made from naturally derived building blocks and helps you feel fuller and eat less. it is a prescription only treatment and is not for pregnant women or people allergic to its ingredients. talk to your doctor or visit myplenity.com to learn more. welcome to allstate where the safer you drive, the more you save like rachel here how am i looking? the most cautious driver we got am i there? looking good (phone chimes) safe driving and drivewise saves you 40% wi

they watched 70 aircraft take part in a spectacular flypast, which included the world—famous red arrowse of proceedings. if i had one thing to say to the queen, i would say, you've done an amazing job of 70 years on the throne. cheering. god save the queen! enjoying the ride — george, charlotte and louis

no fly past will be complete without the red arrows.illions, including, of course, her majesty. incredibly proud and yes, a little bit nervous to fly down the mall for the queen's platinum jubilee. so we've just come back from our winter training in greece, for four weeks, and we can't wait to get started and put the red, white and blue across london to celebrate such a momentous occasion. planning for the platinum jubilee flypast began injanuary. last week's rehearsal, that used a lincolnshire's raf cranwell as a stand—in for the palace, is said to have gone well. 70 aircraft from the army, navy and raf are taking part. raf coningsby�*s typhoons are being readied, as are the iconic spitfires and lancaster bomber of the battle of britain memorial flight. we are just trying our best to treat it as a normal flypast, just to try and keep the pressure off the engineers, but have that in the back of our mind that the whole nation will be watching. the queen's long—standing association with the armed forces and her many family links are somet

this time, of course, later on we've got a fly past from our f croft and, and the red arrows 70 cross to be going to be coming over and that's one for every year. and the queen's right, and it's gonna be starting either east anglia, coming down across the london, down the mall, back in paris min out to the west of the country. tonight they'll be lighting is a china beacon up and down the country. and so we live in capitals of commonwealth countries, the nations around the world where the queen is also the head of states. we got a thanks getting service impulse cathedral friday on saturday. there's a platinum jubilee passenger to be part of the palace and sunday we call patents and lunches. and then of course, to believe 3 parties all over the country in towns and villages and cities. and they're going to have all that, all the union jackass and the thing and the compass, how much is the you'd expect? it's a beautiful weekend for. alright, thank you so much for a challenge. reporting for us from london there. you can see the life picture of the celebrations currently underway. marking

they watched 70 aircraft take part in a spectacular flypast, which included the world—famous red arrowseering. tens of thousands people from around the uk and the world thronged the streets hoping to catch a glimpse of proceedings. if i had one thing to say to the queen, i would say, you've done an amazing job of 70 years on the throne. cheering. god save the queen! enjoying the ride — george, charlotte and louis made their debut appearance in a royal carriage at the trooping the colour parade. and in other news tonight: england get off to a storming start on the first day of the first test against new zealand at lords. good evening from buckingham palace, where the queen has been cheered on by huge crowds as the first of four days of the platinum jubilee celebrations got under way. it began with the trooping of colour parade and was followed by a spectacular flypast marking her unprecedented 70—year reign. in a message to mark the event, the queen said she hoped the celebrations would create "many happy memories for people". at 96, her mobility is limited and she restricted her appeara

there were attempts to advance in all these directions, which are shown on our map with red arrows , but we can see that the most positive actions were in the krasnopil region, where we managed to inflict damage on the enemy significant losses who tried to move to our territory and there was also a counteroffensive in the area of ​​bogorodichne, where just tonight the general staff reported that the enemy's attempts to move near bogorodichne were completely stopped, e-e. you do not have any information, if we are not yet going to dive into all these details, which have not yet been confirmed, now directly to severodonetsk will be read the most difficult because the hostilities are continuing the enemy is trying to press our troops directly from severodonetsk and there were directions to nadia from metelkin, where the enemy has partial success, there are attempts to attack zborivsk there ustinivka, but all these actions can be said to be held on the one hand by means of artillery, and on the other hand the situation in severodonetsk really remains extremely difficult, and a discussion

royalfamily watched seventy aircraft take part in a spectacular flypast, which included the world —famous red arrowstens of thousands people from around the uk and the world thronged the streets hoping to catch a glimpse of proceedings ifi if i had one thing to say to the queen, i would say you have done an amazing job of 70 years on the throne. god save the queen! a group of animal rights protestors tried to disrupt the trooping the colours ceremony but was dragged away by police. prince andrew will miss tomorrow's service of thanksgiving at saint paul's cathedral — after testing positive for covid. and beacons have been lit across the commonwealth, and are about to be around the uk to mark the end of the first day ofjubilee celebrations. hello and welcome if you're watching in the uk, on pbs in the us or around the world. hundreds of thousands of people have lined the streets of central london — and taken part in street parties around the uk — at the start of four days of events to mark the queen's platinum jubilee. the return of the trooping the colour military parade — after a two year hiatus du

and as we saw, it was nice enough for the fly—past, the red arrows going overhead at st paul's cathedralg the raw end of the deal today, the radar showing outbreaks of rain. there have been showers elsewhere as well. as we go through this evening and tonight, though showers continue in some places, we will see increasingly wet weather developing across north wales, northern england into southern scotland and low cloud across the north—east of scotland. but elsewhere, clear spells, across the north—east of scotland. but elsewhere, clearspells, not quite as chilly as it was last night. tomorrow, we will see outbreaks of rain to start across parts of north wales. northern england commitments southern scotland. rain breaks up into showers, some will be heavy, possibly thundery, some showers into northern ireland, south—west england. and some of this misty and murky and great low cloud around north sea coasts. that pegs the temperatures back, 15 or 16 degrees. down to the south, 21 in cardiff, 22 in london and western scotland standing out as one of the bright and warm spots for the day tomor

ethereum is down at $1,218 is the last trade >>> around the world, we have more red arrows in asia overnight. a possible, possible rebound under way in europe. let's get a check of the action with jp ong in singapore and julianna tatelbaum in the london newsroom jp, we will start with you >> thanks, dom asian markets extending the selloff. we see some life in chinese markets. we start with the losers hopes or talk about the upside hikes with the fed has rattled sentiment here it kept the nikkei lower the japanese benchmark falling in tokyo at 1.3% bank of japan ramped up bond buying program to try to fend the yield curve. we have the asx 200 with the plunge after the weekend the kospi has a few other things to worry about down .46%. the trade war in exports with the semiconductors will be impeded by the trucker strikes and the overseas activities like samsung. we go to chinese stocks. you are seeing an impressive rebound from early morning losses shanghai closing 1% higher he and limping up after the pull back up 0.2% hang seng closing flat to the upside with the hang seng pairing about a be

we he see working members of the family which will fwatch the royal air force and navy and red arrows there is a special six minutes time over buckingham palace for her imagimajority there is a thanksgiving service where prince william will attend we heard the queen will be celebrating lillibet's first birthday with meghan and harry on saturday night, it is party at the palace. they are constructing the stages where the likes of queen and elton john will perform for the queen. and thousands of street parties all over the united kingdom and pageant will come down the seven decades of the queen's reign and ed sheeran himself will sing >> thank you, tanya. we are geared up for the celebration. my first as a brit i'm excited for trouping the colour have fun >> reporter: i've got lots of merch for you as well. everything coming back for you, julianna and rosanna >> we can't wait >>> we have more coming up including saudi arabia could pick up for the decrease in production sending crude lower we will have the latest next >>> welcome back to "street signs. i'm rosanna lockwood. >> i'm julian

the daily star pictures those same crowds looking to the skies, as red arrows, typhoons and spitfiresok part in the flypast over buckingham palace. but not everyone appreciated the display. the mirror splashes with the image of prince louis, who found the noise of the aircraft just a little overwhelming. the ft says world leaders including joe biden, emmanuel macron and pope francis have been sending their congratulations to the 96—year—old sovereign. the times reports that the queen will not attend tomorrow's national service of thanksgiving to mark her platinum jubilee, after experiencing �*discomfort�* during today's events. the guardian's also features a prominent picture of the buckingham palace balcony — but it leads with what it calls the nhs�*s failings over women's health so, let's begin. the times is god the single shot of the queen, the beaming queen getting her party started and she did look joyful throughout the and it was great to see her there, considering the last few months, we have concerns about her health, pulling out of engagements. but this is such important enga

will happen on the balcony, a special flyover from 70 aircraft of the royal air force and army and red arrowsfetime spectacle for her to celebrate her 70-year reign. tomorrow with a thanksgiving service at st. paul's kcathedra. on saturday, her majesty, the queen, is expected to go and meet lillibet. meghan and harry's youngest daughter for her first birthday. and saturday night, there will be a party at the palace right here behind me the stage is set for an amazing concert with artists like queen, nile rodgers and diana ross performing for her majesty dom, there is an electric atmosphere because everyone is waiting for them to come out of the palace just behind me. >> so, tania, some of the initial reports that we heard and have spoken about the idea with hundreds of horses and soldiers and performers. all of that. there is no party like a british party. that is happening in front of you. how important is this celebration marking that kind of a reign? 70 years seven decades. thousand how important is it for the british public and morale like we have dealt with over the last couple years wit

the rowned red arrows would add to the spectacle, along with scores of other aircraft.notable balcony absentees were prince harry and meghan markle, along with the prince andrew, forced to quit royal duties over his friendship with a sex offender jeffrey epstein. early in the day, large crowds arrived earlier, trying to get a glimpse of the action. some even sleeping there overnight. >> the atmosphere is tremendous. you do feel tired, you have to stay awake, i stayed awake all night. >> i live close by but i never actually seen the queen before. this is an opportunity, i thought i would come. there are all cheering. reporter: the queens irish guards were given the task of trooping the color, with prince charles of taking his final birthday salute on behalf of his mother. the duchess of cambridge made their way to buckingham palace writing a carriage. after the celebration, gun salutes reg across the country, marking a difficult year for the -- rang across the country marking a difficult year for the monarch suffering health problems. no british monic -- monarch has rain

fear in the marketplace >>> as we head off to break, despite the sharp moves lower, it is not all red arrowsat the gainers in the session last week. smucker's and valero and domino's pizza keep it right here we are back with "worldwide exchange" after this break that occur in their lives. for them it's the biggest milestone, the biggest accomplishment, the sale of a business, or an important event for their family. for them, it's the first and only time. we have seen this literally thousands of times, in thousands of iteratio ♪ ♪ i am vince lumia, head of field management at morgan stanley. whether that's retirement, paying for their children's college education, or their son or daughter getting married, our financial advisors need to make sure that they are making objective decisions, every step along the way. every time you hit a milestone, an anniversary, a life event, the emotions will run high. making sure that you have somebody, a team of individuals that have seen it before, have seen every circumstance and seen every challenge, and have your back when you need it most, is one of the

red arrows right across the board with really nasdaq perhaps seeing the biggest losses when it opens later today. >>> u.s. president biden is ramping up efforts to combat high prices at the gas pump. phil mattingly has the details from the white house. >> reporter: with gas prices soaring across the country, the white house has been working furiously to try to find some kind of policy option to provide some ease to the pain at the pump. well, president biden will officially throw his support behind one of those options, an option that white house officials have been considering for several months. a federal gas tax holiday. the 18.4 crent per gallon gas tx the president will support suspending it for a period of time according to people briefed on the matter. this is something that several democrats have pushed for, this is something internally the administration has debated for several months. but they have not supported it up to this point. there have been concerns about the policy itself, whether or not it would actually reach consumers, whether or not it would take away valuable

you are going to be talking about thejubilee, the red arrows, i believe you have flown with the red arrowsened when _ and i will tell you what happened when i _ and i will tell you what happened when i flew in one as well! plus, it's an activity - that's a tad slower—paced, but has inspired one woman- from wales to go above and beyond and knit her community together. you're one in a million. she puts absolutely i everyone before herself. find out how some wonderful woolly creations have helped her win a jubilee platinum champion award. and dancing queen oti mabuse will also be joining us to tell us why supporting volunteers around the uk is so close to her heart. plus, jacqui joseph's. here to help give your celebrations a royal touch. following reports that shops i are selling out of party supplies, she shows us how to make your own hunting for under three quid. - and our balcony might not be as grand as buckingham palace's, but mark lane's on a mission to give it a good go by showing us what to grow! it isa it is a bit bare! he is going to give — it is a bit bare! he is going to give it—

there will be the iconic red art arrows doing their theatrics in the sky.w. >> you have a good seat. you're bringing it to us so well. your impressions of that image we're seeing right there? particularly the man standing to the right of queen elizabeth, her son, the heir to the throne, who has been waiting for some time. he's now 73 years old and taking a much bigger public role in some of these ceremonies this week. >> reporter: yes, prince charles, who is popular but not in the way that the queen is popular in this country. what michael has been say about the power of the monarchy really resting with queen elizabeth because her longevity, her sense of duty, her sense of stoicism, the sense that the public has they don't really know what she thinks about things. she keeps all her opinions carefully to herself. she puts the monarchy first, the public first, she doesn't show very many emotions. brits like that. it turns out that is the country we are. that is what we respect her for. and the question is going to be what kind of a king will prince charles be

. >> gloom and red arrows on wall street, as sky high inflation and a potential recession weigh heavilyn investors, after being down a thousand points, the dow closed 876, and down 16% for the year. the tech and biotech heavy nasdaq down 30% year to date. and the portfolios of investors sliding into bear market territory down 21% year to date. real money for americans saving for retirement, college savings or a new home. >> the two things you can control, in a market like this, how much you save and how much you spend and it is really important to track. >> to tame 40-year high inflation the federal reserve is expected to raise interest rates again on wednesday, perhaps by another three quarters of a point. >> the fed has to worry whether or not it can stick to those game plans and whether or not wall street will believe them down the line. that's why fed credibility so to speak is so key right now. >>> it comes as inflation is forcing americans to adjust their spending. from los angeles -- >> road trip, no way. it's just ridiculous. it is cheaper to fly. >> to boston. >> it feels like

we have seen a fantastic fly past by the red arrows and the raf coming over the palace.ot of people to talk to in the next hour but first we have a report on the day's events so far from danjohnson. some of the youngest royals were first on display in a bright morning sunshine. the queen's great grand children travelling with their mother, the duchess of cambridge, and the duchess of cornwall. prince charles wrote down the mall in place of the queen, alongside his sister and prince william. this was the first major event of this platinum jubilee weekend. 0ne first major event of this platinum jubilee weekend. one of the horses was not quite ready. but a handful of protesters were. they were quickly moved along. this was the first trooping the colour in horse guards parade for two years, as a result of the covid pandemic. politics has been set aside for a few days and still have family differences. we are told the duke and duchess of sussex harry and meghan were seen but prince andrew was not present this morning. trooping the colour it marks the queen's official birthday

. >> the red arrows on wall street represent real money for american families, mutual funds, coop 401 college savings, and pensions are all sliding. report shows that inflation is worse than last month. now running at 8.6%, the fastest pace since 1981. there is nowhere to hide. food is up 10.1%, ill-advised soaring egg prices as bird flu ravages chicken flocks. housing is up five and a half percent. gasoline is surging every day. >> i'm stopping at 40. i will not go over 40. i don't care where it gets. me >> also driving inflation higher's air fares. >> domestic air fares are averaging $403 round trip from here in atlanta to l.a. is up 65% from 2019. from new york to denver, 58% higher than 2018. chicago to orlando, up 47%. in detroit, third generation owner grace carroll says that her costs have soared this year. >> 26% on bundles, 12% on paper bags, 25% on a hotdog. almost 30% on ground beef and chicken. >> in los angeles, president biden blamed the higher prices worldwide on shippers who are price gouging and the war in ukraine. >> we have never seen anything like putin's tax on fo

you are seeing red arrows. dow off 80 nasdaq down 71 s&p off 14 we have the big jobs report at 8:30 a.m. which could set the tone for the markets >>> treasury yields are ticking higher the 10-year yield is 2.9%. you have the 2-year note at 2.65%. >>> the axe is coming down at tesla. elon musk reportedly telling executives via email that the company needs to reduce staff by 10%. the email titled pause all hiring worldwide which has been seen by reuters. musk says i have a super bad feeling about the economy. tesla not available for comment. that would be hard because that is a car shares of tesla are down 26% this year. musk adding to the cautious voiceschorus this week on wednesday, jamie dimon warned to prepare for an economic hurricane saying we don't know if it is a minor storm or super storm sandy. brace yourself >> by the way, that is not just elon saying he has a super bad feeling about the economy, but acting and shutting down hiring and getting rid of 10% of the work force that is the people who won't s

buckingham palace and on to the west of the country they were finishing with a display from the red arrows, the famous r f display team. there's a bit of a law now most people have cleared out from around the, the pallet here. but that will be later on this evening. lighting a beacon that will a chain of beacons that will be spread around the country and also the capitals of commonwealth nation. then as a whole raft are things going on later in the weekends we've got a party on saturday, not here at buckingham palace. we have to really event such as picnics and lunches, and passions around the country, people sitting down with their getting check, hats and fun saying, and cucumber sandwiches as you'd expect. this is obviously a remarkable event for this country marker remarkable event for the world. this this morning because been on the throne since 1953 at different age. the story of queen elite of elizabeth right really is a story all martin britain in 1953. you still had memories of the 2nd world war. very clear and most people's heads. it was before the su, with crisis, the 1st big ide

we're going to get a fly past from the r a f, a led by the the, the red arrows 70 different aircraft got to be taking watson pot and that the queen with the family will be out on the balcony, took to watch it. then there are many, many other events that are going on over this long, 4 day weekends. we've got pageants, we got lunches, we've got a party backing in paris on saturday night. and old, the length and breadth of this country is going to be having its own jubilee celebrations with all that. the panting and the new jack hats and the cucumber sandwiches the you would expect that so it wouldn't be without a key cumbersome t as, as well. where we challenge, thanks very much now, opposition parties, engine, as he has said, the president's decision to fire $57.00 judges is dangerous and will exacerbate the country's political crisis. kai said accused the officials of corruption and said he'd give them warning after warning. his opponent and say the move strips, the judiciary of its independence and violates the constitution fights suspended parliament last july and began ruling by d

s&p off 308 points a lot of people are waking up to red arrows across the board.you are looking at nike down 3%. salesforce down. visa, apple and walgreens boots. and check out the nasdaq you will see the big names there. marriott and docusign and crowdstrike and others we are watching crypto bitcoin is taking a bath this morning. you are looking at it falling now down below $24,000 bitcoin. anthony scaramucci will join us later this hour to see if he is buying on the pressure because of the news over the weekend about celsius holding back or preventing people from selling their bitcoin. that now at $23,962. >>> oil this morning let's show you the boards there. a lot of folks felt it over the weekend at the pump. wti crude at $119.13 everybody is watching gas prices this morning after the national average topped $5 for the first time ever over the weekend >> there is a half empty and half full. >> you are going half full give it to us. >> if it hadn't been thursday and friday >> yeah. >> we put up the percentage losses today off the averages we go bad. 2% it's 2%.

you can see that -- we are at the spot with the red arrow and nearing completion. the team completing negotiations now. and plans to bring a contract recommendation to the california community power board the end of the month. if the board approves these agreements, then member agencies that wish to payment will get prove from own governing bodies. that will concludes my presentation. i'm sorry for going a littles long. happy to take questions you may have vment >> thank you, director heinz. commissioners, please get your name in the chat if you have questions or share comments. while a wait w i would like to ask -- in the irp, obviously the process that happens every 2 years. since 20 there has been because of the pan dem and i can economy. i understands there has been issues with the supply chain and -- also inflation. i wonder -- if there will be an analysis -- about the supply chain issues affecting the time lines for projects on line and how that might affect meeting our supply goals. ensure we meet the 100% energy green house gas by 2025. my question if the i

we talk about how special -- >> then the red arrows. that maybe she couldn't be in the procession like she normally is, but i know -- for some reason the moment she comes out on the balcony, even bigger. >> i think it's better. the shape of things to come. >> right over the top of the palace. >> xcuse me while i take some pictures here. this is amazing! oh, my goodness. >> the smile on her face. it's something to see and, again, the relationship, of course, talk about the u.s. and the uk and close relationship. but there's something -- >> she is happy, isn't she? >> she's happy. >> and the crowds here and i hope you all can hear them, the audience, our viewers but the crowds here have just been incredible. they have been calm. they have been very polite as you were talking about. there's the wave. look at that. >> it takes you back. i've got pictures of when churchill, when she was a young girl, with king george vi and the queen mother and, of course, elizabeth and margaret and churchill. this is exactly the same sort of historic moment

red arrows across the board.al inflation 8.6% groceries, 12 and can be put lipstick on this bad boy. >> no. it is rough. the 8.6 on inflation. today is really more fallout from friday, right? the dow was down 880 and put 750 on top of that, s&p 500 broadest measure on the market is a bear market if it closed at this point. 20% off its high. what the 8.6% inflation told us is that inflation did not peak say in march because it is not like going into friday nobody thought inflation was a problem. the best case scenario was maybe it peaked. we saw the worst of it and it would level off slowly as the fed gradually raised interest rate and engineer what they describe as a soft landing. now we know that peak inflation is off the table completely and the soft landing will be much harder to engineer. >> dana: one of the things the white house keeps saying is it's not just president biden, it is other world leaders dealing with inflation. they point to europe saying it's not just us. how do you see that? >> well, it's not

and was that the red arrows moment? it was quite loud. it was loud. love it.you know the marmalade sandwiches, the paddington bear, they have got an inside scoop here today, they call it 0peration marmalade and they are saying it was all top secret. imagine keeping that secret for however long it took them to make that film. this is what we are talking about, this gorgeous film that was shown over the weekend, paddington meeting her majesty for tea at the palace. gulping. 0h, terribly sorry. never mind. 0h, oh, dear. perhaps you would like a marmalade sandwich? i always keep one for emergencies. so marmalade sandwich? i always keep one for emergencies.— marmalade sandwich? i always keep one for emergencies. so do i. i keep mine in here- _ one for emergencies. so do i. i keep mine in here. for— one for emergencies. so do i. i keep mine in here. for later. _ mine in here. for later. cheering her majesty the queen has the most impeccable comic timing. new like she is fantastic, and what now we know what is in the handbag. i'm sure she has met more challenging peo

they watched 70 aircraft take part in a spectacular fly—past, which included the world—famous red arrows

he's been pulling. yes we saw prince louis grabbing his ears on the balcony and screaming when the red arrowsn children have behaved like that. we are starting to see the first military horses, 200 horses actually taking part in this pageant, just arriving below us underneath the queen victoria memorial, which is where all of the pageant is going to arrive. we can hear the drummers as well. i was reading earlier about who has been in charge of putting together this military parade section of this pageant and that honour went to the household division garrison sergeant major warrant officer class one... quite a title! andrew stokes. part of a team who spent 12 months putting this together. the timing as you'd expect, absolutely critical, down to the last second. he uses an old school, traditional way of working out how long it's going to take because everyone has to arrive at the right time in the right place. to do that, he uses a traditional pace stick which is 30 inches long and from that he can work out that to get from one end of the mall to the other is 1234 paces, and it will take ten m

country's match winner, australia on their way to the world cup for a 5th straight time. drew red is the arrow. it's only his appearance, through the so to try to get him to the boys. on the mental aspect to pursue that. why are we making that change to add that little bit of uncertainty and brian since reaching the last 16, the 2006 world cup australia have failed to reach the knockout rounds, that subsequent world cups in november, that once again faced france and denmark to the teams they failed to abate in 2018 to nicea will be the other group stage opponents on the richardson al jazeera, doha with the mass penalty q, the crowd, a huge route. thousands of fans here in the center with, with the game. with the, the silent there was this believe and dear follow for many after we long reckoning hours of this game, there was so much expectation to win. this entry head, the next world cup that time to me was mainly paralyzed. the government declared a holiday. and for many wasn't the most important day of their time. maybe here is if you are now, i'm with them. i feel disappointed. i expected mu

committee, senator bill haggerty right now as we head to break, let's get a quick check ever the market red arrowsdow of down 3 hu00 and the nasdaq down by 153 after oss as up by 270 at yesterday' cle. stay tuned you're watching "squawk box," you're watching "squawk box," and this skrn become to adapt in the changing world, you could hire a professor .of theoretical mathematics. we all know this equation, right? he'd crunched numbers day and night. that's it. to maximize profitability. morning. i have quarterly numbers that are beautiful. and forecast revenue from every corner of your organization. i have quarterly numbers that are beautiful. is that important? or you could use workday. the finance hr and planning system that helps cfos make better decisions faster. for a solve problems like a genius world. workday. for a changing world. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today.

. >> rick, thank you for that mart analysis we are looking at red arrows down about 33points. news conference from president biden, that will be following his nato meeting in spain and coming out of the latest real time raid on the economy we got on taming the inflation and whether the president's economic policy up to the challenge, joining us is anthony scaramucci, co-managing partner and cnbc contributor, also tyler goodspeed is with us. he's now with the cato institute. good morning to both of you gentlemen. anthony, i'm curious, you know, there's a view on one side that, you know, there's very little the administration can do, there's very little basically anybody can do except for the fed to slow things down. but there's also a view that there might be low-hanging fruit, things they could do on the margin that they are not where are you on this? >> i certainly think they hud change the stance on the energy, open up the trilling, explain to the people that it's better to drill in the united states than saudi arabia it's a national security thing as well, but andrew, i'm c