Tragedy in Highland Park, Illinois as yet another mass shooting took the lives of seven people and injured more than 30 others.  Officials say that 21-year-old Bobby Crimo opened fire on people gathered for a 4th of July parade perched from the roof of a building, more than 70 rounds were fired with a rifle that was purchased legally.  Police say he planned the attack for weeks and dressed as a woman to disguise himself so he could blend in with the crowd to escape.  Ben Collins, senior reporter at NBC News, joins us for what to know and the trail of violent imagery he posted online.

 

Next, the Federal Reserve is trying to bring inflation down with interest rate increases despite the risk of a possible recession.  However, the thing that the Fed is worried about more, is a psychological shift in consumers that could sustain high inflation.  If consumers suspect prices will remain high in the future, it changes the way they behave today.  The toughest calls for the Fed still lie ahead once the economy contracts and unemployment rises.  Nick Timiraos, chief economics correspondent at the WSJ and author of Trillion Dollar Triage, joins us for how inflation psychology is stocking more anxiety.

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