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tv   CNN Newsroom With Ana Cabrera  CNN  June 14, 2022 10:00am-11:00am PDT

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pressure. you'll remember a man was arrested last week near the home of justice brett kavanaugh and charged with attempted murder. house democrats wanted to include security for clerks and staff, too. we'll be back here tomorrow. ana cabrera picks up our coverage right now. >> thank you for joining us. i'm ana cabrera in new york. wall street reeling. americans paying more and growing fears a fed rate hike will send the economy spiraling. what does it mean for you on main street? we break it down. >> plus on the ballot, voters heading to the polls in five states today. former president trump's election fraud claims. the insurrection investigation on capitol hill one day after we
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learned trump's inner circle told him the fraud claims were false. within the committee, a significant public split over whether to send a criminal referral to the doj, and so that's where we want to begin today with democratic congresswoman of virginia who is on the select committee. she's joining us now. thank you so much for taking the time, congresswoman. the chairman says that a criminal referral is not going to happen. i know you and other committee members say that's not been decided. why isn't everyone on the same page? >> well, what i'd say is it's correct that this hasn't been decided. we haven't got ton that point yet as far as the committee making a formal decision. >> the chairman says it's not going to happen. he went that far. >> well, we are continuing to have discussions within the committee, and i would say that this is something that is a very
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important topic for us to decide and decide as a whole committee, and we will make that decision and that announcement about the decision at the appropriate time, but what i can say from my perspective, and i made a statement last night. i think we have a responsibility to the american people when we as congress and this or any other investigation, if we determine there's criminal investigation, we refer it to the appropriate authorities. >> i guess the other side here is attorney general merrick garland says he and his prosecutors are watching all the hearings. they obviously can independently make a determination of whether anything is prosecutable based on the evidence they see. so i do wonder what would a potential criminal referral accomplish? >> i think that when this committee completes our work, when we go through the series of hearings, lay out the information for the public and as you said, the attorney general, the department of justice is watching, i think it's important for the committee to come to effectively a conclusion, a product. this is what we've concluded
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from our work. and, therefore, we make a recommendation in regards to perhaps what additional action needs to be taken. other a legislative committee. the purpose of our work is to provide legislative recommendations to prevent something like this from happening in the future. we're looking at a range of things. it is not just this one particular topic that's been of interest in the last day. but what can we do to protect our electoral system and prevent something like this from being successful if someone tried it again in the future in. >> based on the evidence presented so far, do you think anything reaches the level of criminality? >> i do. and i'm not alone. we have a federal judge, judge carter in the case about the eastman documents, and whether those should be released. it was clearly laid out in his decision in that case to make sure the documents were provided to the committee to say that it's likely that a crime was committed with regards to defrauding the american people, obstructing a congressional proceeding and even considered the case of outright fraud.
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>> so we know your committee had been looking into capitol tours specifically one involving republican congressman barry the day before the capitol attack. moments ago as i was coming up to the set, we got a let fresh capitol police that essentially says they completed their investigation of reviewing all the security footage, and they concluded that, quote, there is no evidence loudermilk led any kind of reconnaissance tour with the people that later entered the capitol. what's your response? >> i haven't seen the letter, but i am aware that we have received and reviewed all of the footage throughout the capitol in the days leading up to the attack on january 6th, and we're reviewing it carefully as a committee, and we did observe groups of people in the capitol during a timeframe when the public was not allowed in the capitol unless directly escorted by a member of congress of their staff. i'm sure that we'll be looking at that closely and will take
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into consideration the results of the capitol police investigation and there will be more to follow. >> do you believe you have evidence that contradicts what the capitol police say in this? >> i would have to review the facts that they've reviewed in their work. but i do know that there were videos on the foot alk within the capitol that show that there were groups of people within the capitol during a time that the capitol was otherwise closed during covid. unless someone was directly escorted. i think i would have to review this information more thorough to understand the basis for their recommendation. >> okay. let's get back to what you have presented publicly as a committee now in some of the evidence we all have learned about which is yesterday the committee saying the trump campaign raised $250 million for an election defense fund that just didn't exist. let's revisit how your colleague, congresswoman zoe lofgren described it. >> the trump campaign used the false claims to raise hundreds of millions of dollars from
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supporters who were told their donations were for the legal fight in the courts. but the trump campaign didn't use the money for that. the big lie was also a big ripoff. >> now, after the hearing, she told cnn some of that money went directly to trump family members. and she specifically mentioned donald trump junior's fiance getting paid $60,000 just for introducing trump junior at the rally on january 6th. my understanding was that it was like a two-minute speech she gave before introducing him. now, to that extent, i'm wondering is that it, or did other trump family members also see a payday? >> i would say that the use of this money was not what was advertised to the people who were giving to a cause where they thought it was going to go to a legal fund that perhaps these battles in the court, and, of course, elections can go to the courts if there's a dispute, that they were actually fighting in the courts to perhaps make
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sure that if something was wrong in the election that that was going to help in that cause. and so this is an example. there's many examples. $250 million is a lot of money of where this was going to people, and purposes that was not at all what was advertised to the people who gave unwhitingly their money and scarce resources. zoe lofgren gave one example. there's numerous examples that we in the final report and with additional information from the committee that we'll be able to provide later. >> when are we going to see that evidence? will that be provided in the public hearing process? >> we will provide very, very comprehensive evidence of all of the hundreds of thousands of documents we receive with our final report, and it may be something that we do touch on again as we move forward through the hearing. >> and do you have specific evidence of trump family members receiving funds and using those funds in a way that wasn't
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related specifically to the election fraud claims? >> well, the example miss lofgren gave is a good example of how the money went to causes and in this case trump family members that were not what was advertised. what the people did with the money after the fact, we don't have any information about that. >> so is that enough, then, i guess, to prove that that money wasn't used properly? >> well, if a viewer at home, say in virginia where i live, received one of these emails, and it said please support this fund and give to the election defense fund, and the money went to one of the trump children or their fiance, i'm not sure they're providing legal representation on behalf of the former trump administration. point a to point b. it's not what was advertised, where the money went. >> okay, i want to ask where
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this goes from here. even today, the election fraud claims, the false claims, the lie, is still going strong. a washington past analysis shows more than so 0 -- 100 republican candidates who won their primaries have been rewarded for spreading the false claims. how do you stop it? >> well, you know, i'm facing the same thing myself. any of my potential opponent in their primaries, they're pushing similar claims and they won't say the former president lost the election. hopefully the work of this committee will be something that can lay out what a big lie this was. what all the facts are to show trump knew he lost and kept saying that he won when he didn't, and as we go through the future hearings, as we lay out more details, i can tell you and i hear from folks in my district that people are listening and watching, and they want to know
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more. and i do feel this is reaching people, and you know, i think that time will tell at the polls when people understand that if someone continues to push a lie that's false, that they shouldn't earn their vote. >> and yet, a lot of people have already made up their mind or may have already made up their mind on this issue. do you worry at all if people in positions of power, people near the top aren't held accountable, that this could become business as usual? >> i definitely do worry that people at the top may not be -- if they're not held accountable for perpetuating lies and using that to further a political agenda. i think that's really something that is challenging about where we are in our divided political environment and moving forward. i think we need to get back to the truth and back to facts. there's nothing i'd like more than to see a republican party that can have an animated debate on the merits of policy rather than perpetuating lies and
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supporting someone who tried to overturn the last election. >> thank you for taking the time. appreciate it. >> thank you. for much more on this, let's bring in ambassador in the obama administration, legal analyst n norm eisen and shan wu. bill barr said he hasn't seen anything yet that makes him think trump broke the law. and that was even echoed by one of yesterday's witnesses, republican election lawyer ben ginsberg. shan, given your experience within the doj, do you see a prosecutable case yet? >> oh, i definitely see a prosecutorial case here. i think barr's point that he thought trump might be detached from reality, i think we need to emphasize from a prosecutorial point of view, being detached from reality is not a defense to any crime unless you want to plead not guilty by reason of insanity, which they can do.
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but the evidence is there, and i don't think that excessive hand wringing over whether there's intent or not doesn't matter. when i was a prosecutor, i would have been salivating at having this much evidence about a defendant's intent. >> there's a debate over whether trump knew he lost and still pushed the lies anyway or whether he truly believes he won. legally, does that distinct matter? >> the distinct matters. certainly. because as i was saying, you could argue that you really believed that this was true, it was not a lie. but anyone can argue that. and if you are arguing that you simply don't have a grasp of reality, that's insanity defense. but otherwise prosecutors can't read people's minds. they have to prove it by circumstantial evidence, what was the person's intent? and here with the testimony from the attorney general, testimony from trump's staff, there is a lot of evidence that he knew
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that this was a lie, and continued to push it out. that it can't be just a good faith belief that i really thought there was fraud. i really thought -- and of course, over 60 plus legal cases also support that. as well as the fact that amazingly, many of those lawyers in those 60 cases have been brought up on ethics charges for making the arguments. that's how out in left field it is. >> what do you make in this split over the committee over spending a criminal referral to the doj? is one needed? >> ana, thank you for having me back. you know, having worked up there for a year and walked through the halls with the members when they made comments, i think that there's a deeper agreement here than may appear. the less noticed part of chairman thompl's comments was when he said as we just heard from representative luria, that at the end of this
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investigation, all of the information, the documents, the witness testimony, is going to be turned over to federal and state prosecutors. whether the committee calls it a referral or they do a water gate style road map of the evidence, that's what matters, because they have shown powerful evidence of criminality to shan's point, take the georgia case, and i think the georgia prosecutor, ana, we've talked about this, the da in atlanta is likely to be the first to charge trump. trump said to the georgia secretary of the state, just find 11,780 votes that did not exist. so no matter what he was thinking, it's irrelevant. we don't believe in vigilante justice in the united states. that includes vigilante election fraud. so i think there's a powerful case to be made for prosecution. everyone on the committee basically agrees with that. >> i mean, there is an ongoing
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investigation in multiple areas. right? we have the committee investigation which is not a prosecutorial committee. they're presenting the facts as we've heard, but it's not up to the committee members to decide whether to charge anybody. and then you have the doj investigation into the january 6th insurrection which has led to more than 800 people facing charges. none who are considered within that inner circle of the white house, of course. but then you also have this criminal probe underway right now with the special grand jury meeting to hear evidence in georgia with the fulton county da at the helm there looking into the election lies and if there were any crimes committed specifically in georgia related to that. shan, do you agree with what norm said related to potential charges coming from that investigation, that being the bigger legal threat to the former president, specifically? >> i do agree with norm. i think he's calling it right. i've always thought that that was the biggest threat to trump was that case, and i do think
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that would be the most likely first one to pop. the campaign finance issue, i think, is very interesting, because of what we learned yesterday. publicly. this false solicitation of money for the nonkpis at the present time fund to the tune of 250 million, i think that raises exposure and danger for trump and those who helped him do that. in particular, i think it's more dangerous because of the prosecutorial discretion. that kind of a charge, wire fraud, may be much more palatable to prosecutors at doj and ag garland than wading into the unchartered waters of charging a former president of trying to overthrow the government they're in charge of. >> just to follow up on that, we talked to representative loria who said they have evidence that money went to certain individuals but they didn't know where the money went after that. right? once it got into their hands. do you have to be able to prove
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that, however they spent it wasn't related to the election efforts? how difficult is it to prove beyond a reasonable doubt that the funds went to some criminal -- went to somebody in a criminal way? >> i think for this charge, it wouldn't be critical to prove that the money was used or spent in a criminal way. the problem is falsely telling people that the intent of giving me the money is for blank when, in fact, it's a material falsehood. there was no election fraud, and that's what they were basically marketing this fund as. a little bit similar, steve bannon having been originally prosecuted and pardoned for the fake solicitation of building the wall. that's a similar analogy. >> quick final thought on the money angle? >> well, that is one of the rules of watergate, follow the money. i thought it was a powerful presentation yesterday, and the
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simplicity of a fraud case, their an election defense fund where there was no fund, claiming election fraud where there was no election fraud, and it can be brought by federal prosecutors, but in any state, again, bringing us to georgia where people were solicited using lies. it can be consumer fraud. it's an important new front, and danger to trump. >> norm and shan, great to have you both with us. appreciate your expertise. nice to see you. >> good to see you. >> thank you. stocks rocked and sticker shock. the headlines on the economy have the nation on edge, and bracing for another interest rate hike. what is all this meaning for you? and how do you protect your money? call it a potential game-changer. call it a break-through or just call it hope. how a new vaccine could train the immune system to kill pancreatic cancer.
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gas is up and food is i'm which we're going to get down come hell or high water. this is america, we can do anything we put our minds to, and guess what. we're not going back to the false promises of a trickle down economics. we're going forward. we're going forward. >> president biden vowing to tackle inflation. this as a key economic measure today shows prices remain uncomfortably high. across the board you're paying more for just about everything.
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haircuts, car parts, chicken. right now that's 17% more than last year. americans are feeling the pinch and investors on edge. with us now, cnn business correspondent, alisyn and rajah. first, let's get to the new york stock exchange and alisyn, most people here bear market, they don't understand how this could effect them. where do things stand right now and why is it so important? >> first, guilty as charged. we always talk about the dow, but it's only made up of 30 stocks. the s&p 500 is in the bear market. it's a broader index that includes 500 stocks. it's what your 401k tracks. it's considered a leading indicator of the u.s. economy. it's fallen into a bear market. that means it's fallen 20% from the recent high which was in january. now the stock market has lost all the gains it made since president biden was sworn into office. the nasdaq has been in a bear
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market longer. it's been down 30%. the dow is getting close to a bear market. it's down about 15, 16%. you're seeing all this selling happening, because investors, you know, portfolio managers, even retail investors are preparing for what could be coming. a slowing economy. because with interest rates so high, we've got all this inflation, and the fed is trying to decide how aggressively to tamp down that inflation. >> kaitlyn, president biden just addressed inflation concerns. we played the clip. this is ahead of a controversial new trip. the white house just announced it's all related. tell us more. >> yeah. it is. of course, there's a string throughout all of this, and you started with president biden today in philadelphia talking about how high gas prices are. all prices and how high they are. the president believes inflation is sapping the strength of the american people. he was talking about what he's going to do to bring prices down. just hours after the white house had confirmed that yes, one month from now he will be
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visiting saudi arabia, a country that he tried to keep really at arm's length after vowing to make them a pariah when he was on the campaign trail following the death, the grizzly murder of jamaal khashoggi. reality is facing the white house, and he's going to be making the visit and meeting there with the crowned prince who, of course, u.s. intelligence has concluded approved the murder of jamaal khashoggi. this is a time that's coming as gas prices are marching higher than $5 on average a gallon across the united states. they have been pushing inflation back saying it's in the federal reserve's hands to tame inflation. they will look to see what the federal does tomorrow. energy prices, that's a distinct undercurrent of why he is going to saudi arabia. and the white house says oil is not the only reason he's going. they've also cited national security interest as well. but it is clear that you're seeing the president who once vowed to make them a pariah said
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little redeeming social value, now preparing to make a trip there. >> coming back to the economy and the federal reserve action we're waiting for tomorrow. a big interest hike is on the horizon. tell us about that. if you're not in the market to buy a new house, how does it affect you? >> 24 hours from now we'll hear from the federal reserve and jay powell where they are largely expected to raise interest rates by about half a percent to three quarters of a percent. if you're not in the market for a house, you'll see borrowing costs increase for student loans or credit cards, also auto loans. the costs to borrow across the board is going up. >> and so if i'm at home right now, i might be thinking, oh, great, what should i do? is there anything people can do to try to protect their money? >> right. so the first thing i've been told is don't panic. the cfa based out of boston telling me hold tight. we don't make the best decisions
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when scared or panicked. we're told to buy low, sell high. most investors do the opposite. they sell when they should be buying and buy when they should be selling. s suzy orman had this to say. >> you want to know you're in good quality investments. companies that make money and do things. this is not the time to be speculating on a future company that may make money one day. that's not what you should be doing. what you should be doing is being consistent with your investments. >> the only caveat is if you are invested for at least five years. that's what suze was saying. focus on quality. >> don't panic, like you said. famous last words. thank you. they defied him and now former president trump wants them out of office. but do voters? today we find out.
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will voters in south carolina take revenge on two house republicans who defied former president trump? it is a key test for trump's endorsement power as voters are going to the polls today in south carolina and four other states. we're on top of all the races and with us is harry enden. let's start in south carolina. what's at stake there? >> reporter: yeah. we're going to go to the seventh congressional district in south carolina. look, we got a pretty hot republican primary here. tom rice is the incumbent. he voted to impeach donald trump which donald trump not exactly a big fan of. so he's, in fact, backing russell frye. here's the key thing i point out. this is a southern primary. that means that you need to receive a majority of the vote to win outright tonight. if a candidate leads even after tonight's vote but don't receive a majority, there will be a runoff on june 28th. we're going to go to south
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carolina's first congressional district. it's another race where trump has gotten involved. why? because nancy mace dared to certify the 2020 legitimate vote. so donald trump is backing the challenger. katie airington, mace has a few endorsements of her own. endorsed by nikki haley. a lot of people are sticking with mace. >> i'll watch south carolina. there's a lot of attention today on what happens in nevada. nevada being more or less a swing state in presidential years and so a lot of focus on what today's primary could mean even then looking ahead to the general. >> yeah. i think that's exactly right. and that we really see it in the republican primary for u.s. senate there. donald trump is backing the former attorney general. but here's an interesting thing. sam brown has been coming up strong. he was, in fact, endorse the by the nevada gop at the state convention. but here's the key thing. it's not just about tonight who wins. it's also about the general election. keep in mind that this is a
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democratically held senate seat, one republicans will want to take advantage of in the fall, perhaps win there, take a senate seat away from the democrats. joe biden won by two percentage points in 2020. it could be a very competitive race in the fall. speaking about democrats, i don't want to talk about only the gop. let's talk about the first congressional district. the incumbent is backed by the culinary union which is a powerful union. but, in fact, her challenger is being backed by bernie sanders. hit us was one of the earlier endorsements of biden. and keep in mind, again, when it comes to a general election, this is a more competitive district that went from joe biden plus 26 to joe biden plus nine. this is a district we could look at in the fall. >> tell us about texas. >> i don't want you to forget it. special election there. this is an interesting race of hispanic decline among
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democrats. we'll keep an eye out there. if democrats lose there, a divide, loss among hispanics among them. >> thank you so much. >> my pleasure. okay. it's the most lethal form of cancer. but the fight against covid may have led to a potential powerful treatment for pancreatic cancer. dr. sanjay gupta joins us next. no, he's seizing the moment with merrill. movingng his money into his investment account in real time and that's... how you collect coins. yoyour money never stops workig for you with merrill, a bank of america company.y. - common percy! - yeah let's go! on a trip. book with priceline. you save more, so you can “woooo” more. - wooo. - wooo. wooooo!!!!! woohooo!!!! yeah, feel the savings. priceline. every ip is a big deal. what can i du with less asthma? with dupixent, i can du more...
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it could be a game changer in the fight against pancreatic cancer. we first heard and we told you about messenger -- mrna vaccines. now researchers believe they have evidence that this same technology could potentially be used to treat cancer. dr. sanjay gupta is joining us now. this sounds so, so optimistic. so hopeful. are we essentially talking about a possible vaccine to treat cancer? >> essentially. yeah. that's what we're talking about here. when you think about vaccines like we've seen for covid, people are familiar with that. with in some ways would do the
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same thing. it would identify specific mutations in a cancer and allow the immune system then to basically deal with that cancer. let me give you a little bit of an idea how it works. >> in december of 2020, mrna vaccines started changing the course of the pandemic. at the same time, that same technology was possibly changing a life in an entirely different way. >> she said i just want you to know that you have pancreatic cancer. >> pancreatic cancer is one of the most aggressive forms of the disease. and that motivates this doctor at memorial sloan to find a cure for it. >> we really need new treatments for patients. right now the immune therapies used to treat cancer patients, they only work in about 20% of patients. so about 80% of the time, the
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current immuno therapies are not very effective. >> so the doctor teamed up with bion tech. their goal, to begin trialing mrna as a pancreatic cancer treatment. >> i was willing to try whatever would prevent me from having a shorter life than i really wanted to have. >> cancer has challenged scientists for years. in part, because the cells continuously mutate, making them harder for the immune system to detect. but that's exactly why bion tech's co-founders have been working with mrna for decades to see if they could outsmart cancer. >> how do you know it is specific really to that cancer and not to healthy human cells in that particular patient's body? >> that was actually the last two decades which we invested in
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to identify how we get the best targets, the best mutations, the best molecules to recognize cancer cells and distinguish them from normal cells. >> remember how mrna works in covid-19 vaccines. it gives details instructions to make a specific part of the virus. our immune system can learn to recognize it and create antibodies against it. the instructions can be tweaked quickly if the virusvo. the idea is this could work in a similar way but for cancer. >> the optimal technology to be able to custom make a vaccine rapidly in realtime which is really important for cancer patients who want care, the best technology out there we thought was mrna. >> let me explain how this worked for barbara. doctors first removed her tumor and a sample of it was flown
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almost 4,000 miles to the head quarters in germany. >> what we do is we sequence the two, the dna from the tumor and identify the mutations by comparing the dna from the tumor and the blood. the blood is not mutated and then you can see the mutation. >> the next step involves using a computer algorithm to figure out which of those mutations should become targets for the vaccine? the ones that barbara's immune system will recognize and the t-cells to fight against. it took just about six weeks for barbara's custom cancer treatment to be created. and once it made it back over the atlantic, the first vaccine dose was infused into her blood. that was december 15th, 2020. around the same time the mrna vaccines for covid became available. along with her standard chemo and immuno therapy, barbara has received nine vaccinations and she says everything is so far so
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good. >> i had one last immuno last september of which i also had a cat scan at that time, and it was negative for pancreatic cancer. and everybody is celebrating. but whatever time i have, it's given me more time to enjoy my grandchildren and my children, and my life. >> you know, so ana, i'm going to remind people they were working on the idea of mrna for cancer even before covid. they pivoted to working on covid because of the pandemic. they've been working on this for some time. it's remarkable when you think about pancreatic cancer, 90% of the patients don't survive the first two years. it's early days with this. phase one, a safety trial. if the other phases pan out, it could be a new way of treating cancer. >> it is incredible. i'm glad we had this report today. we all needed some good news.
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thank you. great to have you here. in the east, more than 100 million people are under heat alerts as temps are expected to reach triple digit highs. in the west flooding has swept away entire buildings. this is all near yellow stone national park. >> that is insane. holy [ bleep ]. welcome to your world. your why. what drives you? what do you want to leave behind? what do you want to give back? what do you want to be remembered for? that's your why. it's your purpose, and we will work with you every step of the way to achieve it. at pnc private bank, we'll help you take care of the how.
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it's a dangerous combination, record-breaking heat and power outages leaving hundreds of thousands of people with no ac right now in sweltering parts of the country.
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meteorologist tyler malden has more on the extreme weather, so nearly one-third of americans are under a heat alert right now. we're talking record-breaking triple digits. just how unusual is this, this time of year, and dangerous, obviously? >> yeah, it's extremely dangerous. i mean, we're in summer. however, this heat, this kind of heat that we're dealing with across the midwest and the ohio river valley is unique even for the depths of summer. looking at the heat that we have going on, we have temperatures, air temperatures that are in the low to mid 90s but then factor in the humidity and we're talking about the feels like temperature in the low 100s. some areas like columbus getting up to 108. this is the same area that saw the strongest severe thunderstorms push over just yesterday. now we have more than half a million people -- half a million households without power, and that is a deadly combination for sure. we have more storms on the way because of this area of high pressure that is both leading to the heat across the east coast but also leading to the storms, taking their track across the
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midwest, down into the ohio river valley. also notice where that high pressure is located. it's located over the tennessee valley, and down here across the southeast, we're also looking at heat advisories too. these heat advisories in excessive heat warnings are issued not just because the air temperature but because of the humidity. your body's not allowed to cool off naturally the way it typically without so therefore, you get these heat alerts. ana? >> look at all that, just all red, all triple digits. what about the flooding in yellowstone? we've seen some of the crazy images out of there. put it into perspective for us. >> yes, so, this is something that portions of yellowstone haven't seen in more than a hundred years or so. you can see that video here. this is what it looks like from the sky, all the flooding, the water swelling up here. again, yellowstone river, this is a gauge just near corwin springs, montana, hasn't seen the flood waters get up this high since 1918. so extremely rare to see this
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kind of flooding in this area. ana? >> it's all from that record snow melt, the rainfall there, such a crazy combination. i know you're going to stay on top of it for us. thank you, tyler, for your reporting and everybody, i hope you're staying safe wherever you are. thank you so much for being here. we're back tomorrow, same time, same place. until then, you can join me on twitter, @anacabrera. the news continues right after this.
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-- captions by vitac -- www.vitac.com hello, i'm victor blackwell. welcome to "cnn newsroom." alisyn is off. so, president biden says that he has a plan to fix the soaring inflation that's gripped this country, but he warns it's going to take time. prices are still very high for people across this country. the producer price index, this is a key inflation indicator, it lowered slightly in may, but it's still more than 10% higher than it was 12 months ago. one positive sign in the report, wholesale food prices show no month over month increase, so that's good. this afternoon, stocks, they're mixed afte

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