9 AM ET: Power outage anger, falling prices, Biden's big test, & more
CNN 5 Things
CNN
3.7 • 1.3K Ratings
🗓️ 11 July 2024
⏱️ 4 minutes
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| 0:00.0 | Hello from CNN, I'm Joe Beck, with the five things you need to know for Thursday |
| 0:06.4 | July 11th. |
| 0:08.8 | Anger is rising along with the heat in Texas, as people in parts of the state enter a fourth day of crippling power outages. |
| 0:17.0 | Power outage. US says more than a million customers in the southeastern part of the state are still without electricity, after Hurricane |
| 0:25.0 | Beryl rammed through the region. |
| 0:27.4 | A councilman in Houston tells CNN, many residents are sheltering with friends or family |
| 0:32.1 | who still have power, but many can't afford to leave their homes. |
| 0:36.2 | And many stores are still closed, leaving food banks and public services, |
| 0:40.9 | scrambling to distribute food to underserved areas. |
| 0:45.0 | At least 28 suspected heat-related deaths have been reported in the Western U.S. this month, |
| 0:50.8 | as a heat wave has taken over much of the country in the past few weeks. |
| 0:54.8 | It's particularly hit states like California, Oregon and Arizona. |
| 0:59.1 | That's where police say a toddler died after her father left her in a car that was later found with the air conditioning off. |
| 1:06.5 | Prices fell last month for the first time since the early stages of the COVID-19 pandemic. |
| 1:13.5 | June's Consumer Price Index has surprised economists |
| 1:16.6 | who were expecting a monthly increase, |
| 1:18.9 | but prices actually dropped 0.1%. |
| 1:22.0 | That brings the annual rate of inflation down to 3%. It comes as Fed Chair Jerome Powell warned |
| 1:28.0 | this week that the Central Bank isn't done trying to bring down inflation and that it could be a while before interest rates |
| 1:34.8 | start coming back down. |
| 1:37.1 | President Joe Biden is facing a huge test today, as he holds a solo news conference to wrap up the NATO summit in DC. |
| 1:46.0 | CNN's Aleet signs is at the White House and I asked her about the pressure Biden's facing. |
... |
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