12 PM ET: Harris’ balancing act, Americans spending big, Matthew Perry arrests & more
CNN 5 Things
CNN
3.7 • 1.3K Ratings
🗓️ 15 August 2024
⏱️ 5 minutes
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| 0:00.0 | Hey there from CNN, I'm Chris Debeau with the five things you need to know for |
| 0:05.0 | Thursday, August 15th. Vice President Kamala Harris is set to appear with |
| 0:09.8 | President Joe Biden today on the campaign trail for the first time since he dropped out and she may need to do some delicate footwork |
| 0:16.5 | The event in Maryland is supposed to highlight the administration's efforts to lower prescription drug costs for American families. |
| 0:23.6 | But this joint appearance is also an early preview of how she plans to navigate |
| 0:27.9 | Biden's unpopular economic record. |
| 0:30.5 | Harris AIDS tells CNN they don't expect her to carry the banner of |
| 0:33.7 | biodynamics even though their vision for the economy is very similar. |
| 0:37.4 | Advisors say the difference will be an emphasis. |
| 0:40.0 | For example, she plans to hone in on price gouging during her big economic policy speech tomorrow in North Carolina, calling for a federal ban on the practice. |
| 0:49.0 | She's expected to also lay out plans for housing and drug prices. Economic policies are sure to be topics of the first |
| 0:55.2 | VP debate, which is now officially set for October 1st on CBS between GOP candidate |
| 1:00.7 | J.D. Vance and his Democratic counterpart, Tim Walls. |
| 1:04.0 | Q the hayb expender music. |
| 1:07.0 | Retail sales are suddenly increasing in the latest show of the U.S. economy's strength. |
| 1:11.0 | The Commerce Department reports sales at U.S. retailers rose by a solid 1% in July compared |
| 1:17.4 | to the month before, when economists expected a gain of only 0.3%. Amid a slowing job market, high interest rates, and lingering |
| 1:25.5 | inflation, consumers are resilient and still spending money on things like |
| 1:29.2 | cars, electronics, and grocery stores. |
| 1:31.3 | CNN's Julia Chatterley explains how this trend fits with how Walmart, the biggest |
| 1:36.1 | retailer in the US is doing compared to places like Starbucks and McDonald's. |
| 1:40.6 | So a 22% rise in US digital sales, their store sales were up 4.2%. |
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