August 9, 2022

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Video: Inflation leaves many struggling to pay for life-saving medicine – CNN Video

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Chuck Schumer and Sen. Joe Manchin is not a “game changer,” but will reduce inflation in the long term.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/220801122206-mark-zandi-large-169.jpg”,”title”:”Economist explains how the energy and health care bill will lower inflation”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/08/01/inflation-health-care-energy-deal-mark-zandi-vpx.cnnbusiness/index.xml”,”videoLeafUrl”:”/videos/business/2022/08/01/inflation-health-care-energy-deal-mark-zandi-vpx.cnnbusiness”,”videoId”:”business/2022/08/01/inflation-health-care-energy-deal-mark-zandi-vpx.cnnbusiness”,”videoUrl”:”/videos/business/2022/08/01/inflation-health-care-energy-deal-mark-zandi-vpx.cnnbusiness/video/playlists/business-economy/”,”surrogateKey”:”video_960FB155-E2FC-5EC0-521D-5A285392118D”},{“descriptionPlainText”:”There has been a lot of debate about whether the US is actually in a recession, but what exactly is a recession anyway? CNN Chief Business Correspondent Christine Romans breaks it down.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/220725083914-01-us-recession-economy-perception-large-169.jpg”,”title”:”What is a recession?”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/07/28/what-is-a-recession-explainer-romans-zw-orig.cnn-business/index.xml”,”videoLeafUrl”:”/videos/business/2022/07/28/what-is-a-recession-explainer-romans-zw-orig.cnn-business”,”videoId”:”business/2022/07/28/what-is-a-recession-explainer-romans-zw-orig.cnn-business”,”videoUrl”:”/videos/business/2022/07/28/what-is-a-recession-explainer-romans-zw-orig.cnn-business/video/playlists/business-economy/”,”surrogateKey”:”video_7D1932F2-004B-6409-1651-45CCA1E526C4″},{“descriptionPlainText”:”CNN’s Matt Egan breaks down Federal Reserve Chair Jerome Powell’s comments after the Federal Reserve again approved a super-sized interest rate hike of three-quarters of a percentage point.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/220727144809-04-jerome-powell-rate-hike-decision-0727-large-169.jpg”,”title”:”Is the US in a recession? 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CNN’s Gabe Cohen has more.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/220725123236-food-banks-inflation-cohen-pkg-3-large-169.jpeg”,”title”:”Food bank demand skyrockets as cash-strapped Americans seek help over inflation”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/07/25/food-bank-demand-donations-inflation-cohen-pkg-newday-vpx.cnn/index.xml”,”videoLeafUrl”:”/videos/business/2022/07/25/food-bank-demand-donations-inflation-cohen-pkg-newday-vpx.cnn”,”videoId”:”business/2022/07/25/food-bank-demand-donations-inflation-cohen-pkg-newday-vpx.cnn”,”videoUrl”:”/videos/business/2022/07/25/food-bank-demand-donations-inflation-cohen-pkg-newday-vpx.cnn/video/playlists/business-economy/”,”surrogateKey”:”video_CE7C3829-CAF3-A080-B505-361893BB6F86″},{“descriptionPlainText”:”During an interview with CNN’s Poppy Harlow, Goldman Sachs CEO David Solomon discusses what he wants the Biden administration to do to address nationwide economy and inflation concerns.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/220720093639-david-solomon-large-169.jpeg”,”title”:”Hear Goldman Sachs CEO’s message to the Biden administration”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/07/20/harlow-goldman-sachs-david-solomon-intv-new-day-vpx.cnn/index.xml”,”videoLeafUrl”:”/videos/business/2022/07/20/harlow-goldman-sachs-david-solomon-intv-new-day-vpx.cnn”,”videoId”:”business/2022/07/20/harlow-goldman-sachs-david-solomon-intv-new-day-vpx.cnn”,”videoUrl”:”/videos/business/2022/07/20/harlow-goldman-sachs-david-solomon-intv-new-day-vpx.cnn/video/playlists/business-economy/”,”surrogateKey”:”video_D19FB50F-324B-CA5A-12BB-1BD011B574ED”},{“descriptionPlainText”:”CNN Business correspondent Alison Kosik explains how manufacturers make small changes to products but keep them at the same price. The process called “shrinkflation” usually happens when companies are trying compensate for high costs.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/220719090241-kosik-shrinkflation-large-169.jpg”,”title”:”Products on the shelves getting smaller? You can blame ‘shrinkflation'”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/07/19/shrinkflation-products-downsize-prices-inflation-newday-vpx.cnn/index.xml”,”videoLeafUrl”:”/videos/business/2022/07/19/shrinkflation-products-downsize-prices-inflation-newday-vpx.cnn”,”videoId”:”business/2022/07/19/shrinkflation-products-downsize-prices-inflation-newday-vpx.cnn”,”videoUrl”:”/videos/business/2022/07/19/shrinkflation-products-downsize-prices-inflation-newday-vpx.cnn/video/playlists/business-economy/”,”surrogateKey”:”video_6050714E-5209-EDB5-1315-16779977379D”},{“descriptionPlainText”:”Just off I-80 in Iowa, CNN’s Ryan Young visits the largest gathering of American truck drivers to hear their take on the state of the US economy.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/220715181224-iowa-truckers-young-pkg-vpx-large-169.jpg”,”title”:”What the country’s largest gathering of truckers has to say about the economy”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/07/15/trucker-jamboree-iowa-convention-economy-fuel-inflation-young-pkg-lead-vpx.cnn/index.xml”,”videoLeafUrl”:”/videos/business/2022/07/15/trucker-jamboree-iowa-convention-economy-fuel-inflation-young-pkg-lead-vpx.cnn”,”videoId”:”business/2022/07/15/trucker-jamboree-iowa-convention-economy-fuel-inflation-young-pkg-lead-vpx.cnn”,”videoUrl”:”/videos/business/2022/07/15/trucker-jamboree-iowa-convention-economy-fuel-inflation-young-pkg-lead-vpx.cnn/video/playlists/business-economy/”,”surrogateKey”:”video_0F7C3207-A872-524B-132F-03CB794F8F3F”},{“descriptionPlainText”:”Nela Richardson, Chief Economist at ADP, explains what the Fed may do to fight higher-than-expected inflation, and if avoiding a recession is possible.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/220622094907-01-jerome-powell-senate-banking-committee-hearing-inflation-0622-screenshot-large-169.jpg”,”title”:”Amid inflation, economist warns avoiding recession won’t be ‘easy path'”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/07/13/inflation-recession-nela-richardson-adp-fed-markets-now-mc.cnn-business/index.xml”,”videoLeafUrl”:”/videos/business/2022/07/13/inflation-recession-nela-richardson-adp-fed-markets-now-mc.cnn-business”,”videoId”:”business/2022/07/13/inflation-recession-nela-richardson-adp-fed-markets-now-mc.cnn-business”,”videoUrl”:”/videos/business/2022/07/13/inflation-recession-nela-richardson-adp-fed-markets-now-mc.cnn-business/video/playlists/business-economy/”,”surrogateKey”:”video_465DC86C-6ACB-CF8F-9E01-F862853A63CE”},{“descriptionPlainText”:”Here’s how three past presidents grappled with skyrocketing oil prices, runaway inflation, and crippling recessions that hit during their terms.”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/210315174423-harry-truman-1-large-169.jpg”,”title”:”What can Biden actually do about inflation? History is a guide”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/07/13/inflation-cpi-june-history-presidents-biden-truman-carter-orig.cnn-business/index.xml”,”videoLeafUrl”:”/videos/business/2022/07/13/inflation-cpi-june-history-presidents-biden-truman-carter-orig.cnn-business”,”videoId”:”business/2022/07/13/inflation-cpi-june-history-presidents-biden-truman-carter-orig.cnn-business”,”videoUrl”:”/videos/business/2022/07/13/inflation-cpi-june-history-presidents-biden-truman-carter-orig.cnn-business/video/playlists/business-economy/”,”surrogateKey”:”video_2E7F0872-0D82-40AA-98F3-F8518D398BF5″},{“descriptionPlainText”:”The Consumer Price Index for June shows prices jumped by 9.1% year-over-year. 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