Inflation and Economic Uncertainty Weigh On U.S.

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.7K Ratings

🗓️ 28 April 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

On Tuesday, the U.S. stock market stumbled with the Nasdaq dropping to a new low for the year and the Dow sliding more than 800 points. The turbulent market is a result of rising inflation and so far, the Biden administration’s Fed has signaled its solution may be to raise interest rates once more. The economy continues to be a main concern for American voters, like Ohioans who are heading to the polls for a Senate primary on May 3rd. Democrat Congressman Tim Ryan is running for Senate in Ohio, and he joins the podcast to break down why the prosperity of the U.S. economy relies on taking on China, his goal to rebuild the middle class, and his strategy for running against Republicans in a red state. This Wednesday, Russia halted its supply of gas to Poland and Bulgaria in an act the two countries describe as blackmail for refusing to pay for the resource in rubles. Despite all the sanctions the U.S. and other countries have imposed on Russia for their attacks on Ukraine, President Vladimir Putin claims the country's economy is still strong. Senator Steve Daines (R-MT) was the first U.S. Senator to visit Ukraine since Russia's invasion. He joins the Rundown to discuss the horrific sights he witnessed on his trip, the investigation into Russian war crimes, and the long-term impact the war in Ukraine could have on the oil and gas industry. Plus, commentary by Jimmy Failla, host of "Fox Across America with Jimmy Failla.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's time to take the quiz.
0:01.7	Five questions, five minutes a day, five days a week.
0:04.3	Take the quiz every weekday at the quiz dot fox
0:07.3	and then listen to the quiz podcast to find out how you did.
0:10.1	Clay, share, and of course listen to the quiz at the quiz dot fox I'm Dana Perino I'm Brian Kilmead I'm Shannon Brem and this is the Fox News rundown
0:28.6	Thursday April 28th, 2022. I'm Jessica Rosenthal. All this inflation and skyrocketing prices are adding to economic uncertainty. It's impacting the stock market, U.S.
0:34.0	businesses, and American families, and it's a weight around the next of the party in
0:38.3	power as midterms approach, though some Democratic candidates think they have some
0:42.4	answers and some hope.
0:44.0	The working class has been getting hammered for 40 years.
0:47.0	CEO pay is up 1,300% since the 1970s.
0:51.0	The average worker has been flatlined and just need some breathing room.
0:55.9	I'm Dave Anthony. He's the first senator to go to Ukraine since Russia invaded and he can't unsee the death and destruction he witnessed.
1:06.2	Bodies of innocence and you can see the wounds, you know, bullet wounds in the back of the head in the back and these people were brutally executed
1:15.8	they were murdered by these Russian soldiers.
1:19.2	We talk with Republican Senator Steve Danes.
1:22.6	And I'm Jimmy Phela.
1:23.6	I've got the final word on the Fox News rundown.
1:27.4	Between whatever stage of the pandemic were're in now, Russia's war in Ukraine, China's zero
1:35.6	COVID strategy resulting in shutdown factories, high inflation, rising interest rates, there's
1:40.9	a lot of economic uncertainty right now.
1:43.3	Company CEOs are expressing more caution, even tamping down expectations on future growth.
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