tv The News With Shepard Smith CNBC August 11, 2022 12:00am-1:00am EDT
w actly what we're doing with fort magic. i know what our plan is. i know where we are going forward. and i'm just really excited about the future for our company. it's midnight on the east coast and 9:00 p.m. on the west. i'm shepard smith and this is the news on cnbc. the former president appearing before the new york attorney general. he declines to answer questions in the civil investigation against his business practices. and alleged plot to kill
john bolton. >> this is not an idle threat. >> detail from the alleged plan to hire assassins to take out the former trump national security adviser. inside the new consumer price numbers. what is down, what is up, and is inflation actually cooling? new data on the teacher shortage in america's schools, the veterans and college students lending help, and why teachers say it is not enough. miracle escape from a burning plane crash. new healthcare benefits for warriors exposed to toxic burn pits. preparing for confrontation with china and russia in space. live from cnbc , the facts, the truth, the news with shepard smith . good evening. president trump, the former president pleading the fifth
and stonewalling investigators as he faces mounting legal pressure on multiple fronts. mr. trump pumping his fist in the air as he headed out of the new york attorney general's office after his deposition today. the ag investigating whether trumps company artificially devalued his company to avoid paying taxes. mr. trump refused to answer questions for six hours. in the past, mr. trump has refused to take the fifth and has suggested that it means you are guilty. >> taking the fifth, i think it is disgraceful. >> the mob takes the fifth amendment. if you take the fifth met it means you are guilty.
>> the fbi searched his home in florida, and the slew of investigations he is facing has prompted him to change his mind on taking the fifth amendment. he says, quote, that when you are facing an unprecedented witchhunt by prosecutors and the fake news media, you have no choice. many republicans have pounced and are accusing democrats of weaponizing the justice department. we don't know for exactly what the feds were looking. we do know that the search warrant was related to classified documents that the former president allegedly kept and brought to mar-a-lago after he left office. the times has previously
reported that some of those records are so sensitive that they can't even be described in public. senate majority leader mitch mcconnell is demanding transparency from the justice department on why the feds needed to search president trump's home. notably, former president trump and his lawyers could release the search warrant and provide more details. they have declined to do so. last night house republicans had dinner with former president trump at his golf club in bedminster, new jersey. they said that he had made his decision on whether he will run again in 2024, but lawmakers said that he didn't reveal what that decision is. let's bring in albert gonzales. he led the doj under former president george w. bush. sir, is there any surprise that the president would plead the fifth in this case?
>> there is very little that former president trump does that surprises me. it is within his constitutional right to do this in this legal proceeding. >> on the fbi's search of his home, should we read anything into the fact that it was the national security division of the doj that requested the warrant? >> no, listen. obviously this was a historic act by the fbi and the department of justice, and it's going to create a great deal of speculation about why this was necessary at this point in time. but who knows? i think they often get involved in these kinds of investigations when it relates
to high-class information. it is just pure speculation on my part. >> the justice department is, as you know, under extreme pressure to provide some sort of explanation. you served as attorney general. is this particular call the right call? >> i think there is a long standing practice at the department to keep investigations, detailed investigations confidential. we do so so that nobody is subjected to charges who may be totally innocent. when you start talking about details about an ongoing investigation, you compromise that investigation. you want to be careful about that. obviously this is an unprecedented case. it could be possible -- i suspect that the attorney general michael up to the hill and meet with congressional leaders in private
conversations, at least make himself available. but again, the attorney general is going to have to be very, very careful on the kind of information that is conveyed even to congress. because we know that sometimes conversations that occur with members of congress, those conversations -- if anything compromises the investigation, that is the first priority, quite frankly. the attorney general has to navigate through this to ensure that at the end of the day the reputation of the department remains intact. >> alberto gonzales, thank you for your time tonight. $300,000. that is how much an iranian operative was ready to pay somebody to kill the former national security advisor john bolton. that according to justice department officials today. john bolton, a longtime harsh critic of iran. justice department officials say that this man was behind an attempt to kill him. they say that he is a member of
the iran revolutionary guard quds force. he is not in u.s. custody and there is very little chance he could ever be caught. here is how feds say the plot was hatched. he reached out to somebody he met over social media. he asked that person to take photos of john bolton for a book he was writing. that person put him in touch with somebody else who said he could take the photos, but that person turned out to be an fbi informant. eventually poursafi offered money to the informant to do the job. he even sent a photo of the money and told the informant that the money was for an upcoming job he had for him.
we just heard from john bolton. >> yes, that's right. he said that in all seriousness he is concerned that iranians are targeting additional u.s. officials. here is what he said. >> i think there are additional people who are vulnerable to these iranian efforts, and unfortunately i think that we may learn more. >> according to the affidavit, iranians were willing to pay much more money, $1 million to pay to kill another former trump administration official, former adviser . mike pompeo. because the person hired for this was an informant, there
was no chance for success, but that doesn't make the effort any less concerning. the justice department said that these kinds of threats in the united states are rising. >> we face a growing threat from terrorist regimes seeking to spread across borders it, including into the united states. this is an appalling example. >> according to an fbi affidavit, poursafi told the u.s. source that he didn't care what method was used to kill bolton, and not to worry if the murder was traced back to the iranian government. in november, the source traveled back to washington, d.c. poursafi allegedly said that a parking garage would be a good place to kill bolton, but the assassination of course never took place.
>> thanks very much. inflation is still very high, but for the first time in a long time there might be reason for cautious optimism that things could be easing. the labor department reports today that consumer prices jumped 8.5% in july compared to a year ago. that is a hair lower than the 9.9% year-over-year reported in june. lower energy costs really help drive the overall cost down. the labor department reports that the cost of gas and airfares down nearly 8% from a year ago. used cars down 8%. but other necessities still on the rise. pay more for electricity, food and rent compared to a month ago. still, president biden says it is a promising sign in the fight against inflation. >> we are seeing a stronger labor market where jobs are moving and americans are working. we are seeing some signs that inflation may be going down. >> but the president does warn
that americans could still face economic headwinds in coming months, citing the russian invasion of ukraine and pandemic shutdowns in asia. steve, gas prices are down but food and rent are up. how are we supposed to see this? >> so the headline was that they are both better than expected, but they are both too high and the result of a combination of headwinds and tailwinds hitting the economy. let me explain. you have gas prices falling as well as commodity markets. but some prices may be falling because consumers are having sticker shock. think of the airline fee, as you are talking about. they have fallen for two straight months now, but that is after they were up 38% year- over-year. some americans could be thinking twice about taking that trip because of those high fares. then more than sticker shock is just affording essentials. gas prices are down but remain
high. housing and medical care are both elevated as well. so americans have to be careful with disposable dollars. this inflation reduction method is going to take some doing. the question remains whether it ends up in a recession or a hard landing. today though, a little more hope that we might squeak out with a soft landing. >> steve, thanks very much. the crash that killed kobe bryant at the center of the trial that began today in los angeles, but not over how it happened. this is about what l.a. county first responders allegedly did after they arrived on scene. as uvalde, texas officials prepare for kids to go back to class, governor abbott promises a new addition to every school in the district. china ending its military drills near taiwan, but could today's comments by speaker pelosi change this? the facts, the truth, the
news with shepard smith back in 60 seconds. i'm a fancy exercise bike noobie. and i've gone from zero to obsessed in like... three days. instructor: come on milwaukee! i see you! after riding twelve miles to nowhere, i'm taking a detour. and if you don't have the right home insurance coverage, you could be working out a way to pay for this yourself. get allstate and be better protected from mayhem for a whole lot less. did first responders publicly share gruesome photos
of kobe bryant after he died in a helicopter crash along with his 13-year-old daughter and seven other passengers that's the question at the center of the high profile lawsui did first responders share gruesome photos of kobe bryant and his daughter after their death in a helicopter crash? kobe bryant's widow vanessa suing the police and sheriffs departments for a violation of privacy. vanessa bryant claims that deputies never should have had the photos in the first place. she says they took the photos for personal use, not for any investigation. in the lawsuit, bryant's legal team said that ms. bryant feels ill that first responders caulked at gruesome images of her deceased husband and
daughter. several first responders showed up to the carnage just days after the crash. a firefighter showed photos to coworkers at an award ceremony. attorneys for l.a. county say that first responders have deleted all those photos, and they us insist that none of them has ever been made public. let's turn to cnbc contributor. david , vanessa bryant is seeking compensation. if these photos never made it to the media or online, what chance does she have of winning this case? >> shep, there is a difference between legal analysis that i can perform and what americans think about. they put distinctions around this issue. if they believe that they have the evidence and facts here and that evidence was destroyed, i
think they are going to focus more on the fact that she is a grieving widow who lost both her husband and child in that crash. >> vanessa bryant believes they took these photos for personal reasons, not because they were evidence. how hard is that to prove? >> shep come in this case i don't think it is hard to prove at all, and that is because csi exists for a reason. you have investigators who work with these photos. i have cases where i have seen tens of thousands of photos like these. i can think of very few examples of one being taken by an officer, let alone a first responder. it is only a detective who might follow up with a photo, but first responders obviously have more pressing things to focus on. >> kobe is a legend in los angeles, no question about that. how difficult will it be to get a jury for this trial? >> it is federal court. federal authorities pick the juries, and they don't mess
around. especially in these high profile cases. >> all right, thank you so much. we appreciate your time tonight. more than two dozen texas public safety officers are set to be on school campuses in uvalde this coming school year. texas governor greg abbott aching the announcement after the request from the school district. he said that it will help parents, students and school staff feel safe returning to school after the rob elementary school school shooting. community leaders once again demanding accountability. d fire them fired at all veen >> the mayor said they suspended one city officer but city council members told the outside community an investigation into what happened could take anoth the mayor said they suspended one city officer, but councilmembers told the committee that outside
investigations could take 60 to 90 days to complete. president biden signing legislation to protect veterans suffering from the effects of burn pits. the obstacles the legislation removes from the people who need help the most. and space command on high alert. the strategic positioning by a russian satellite that u.s. officials call suspicious behavior. (man) ooooooo. (vo) but there's just something about being well-adventured. (vo) adventure has a new look. discover more in the all-new subaru forester wilderness. love. it's what makes subaru, subaru. in order for small businesses to thrive, discover more in the all-new su they need to be smart.s. efficient. agile. and that's never been more important than it is right now.
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well, most significant expansion of veterans health care benefits in more than three decades. that's how the white house describes the so-called pact act. president biden signed it into la the most significant expansion of veterans healthcare benefits in decades. that is how the white house describes the so-called p.a.c.t.
act. open-air burn pits like these were common at u.s. military bases during the iraq and afghanistan wars, though illegal in the united states. president biden says he has traveled to iraq more than 20 times and that he saw smoke billowing from massive pits as troops burned tires, poisonous chemicals and human waste. >> this law is long overdue, but we finally got it done together. >> the issue is personal for the president. his son beau died of brain cancer shortly after serving in iraq. the president believes that this was due to exposure to the burn pits. >> reporter: tom porter is the executive vice president of iraq and afghanistan veterans of america, one of many groups that pushed to expand
healthcare benefits for service members exposed to toxic burn pits. >> it took so long, but overwhelmingly positive feeling that we actually got this done. it has been years in the making. >> reporter: when porter got home from afghanistan, he said he was having trouble breathing from the toxic smoke. >> i was diagnosed at that time with asthma. >> reporter: he chose a private doctor over a va hospital. he said that many claims over burn pit exposure are denied at the va due to lack of evidence. the new legislation increases veterans' access to medical care . veterans don't have to prove they got sick because of the burn pits in order to receive compensation for their illnesses. iraq war veteran matthew snyder is thankful that so many people will finally get the help they need. >> there's a lot of veterans
out there my age or younger who are suffering from those conditions. so we are really glad that the president signed this today. it helps so many people. it helps as many as 3 1/2 million veteran service members. >> eligible veterans, their family members and caregivers can file a claim with the department of veterans affairs. homes, towns and cars underwater. the historic flooding that some people have no chance to escape in south korea. as russia ramps up attacks on ukraine, the kremlin forced to walk back some of its claims. veterans and college students getting a new job title. teacher. the measures being taken to fill hundreds of thousands of open positions before kids had back to the classroom. the details when we hit the bottom of the hour and the top
some of the heaviest rain in decades triggering deadly flash flooding and land slides some of the heaviest rain in decades triggering deadly flash flooding and landslides. this is the damage seen in seoul, south korea. many buildings, roadways and subway stations underwater. south korean officials say at least 10 people have died. that includes a family of three who got trapped in their partially underground home.
crews say they have rescued more than hundred 40 people as of late today, but local officials say that at least seven others are still missing. the powerful storm lashed soul. meteorologists say that the deluge dropped more than 20 inches of rain in two days. at one point seoul recorded more than five inches of rain per hour. in the forecast? more heavy rain. up to a foot or more in some regions. china announcing that massive military drills surrounding taiwan are now over and completed, but beijing is vowing to continue what it calls regular combat patrols near the island in the wake of nancy pelosi's visit. 36 chinese warplanes and 10 ships were still operating near the island today. this afternoon, speaker pelosi defended her trip to taiwan in
spite of fears that it would inflate tensions with china. >> we will not allow china to isolate taiwan. they have kept taiwan from participating in the world health organization, other things where taiwan can make a very valued contribution. that was our purpose to support democracy. >> taiwan has held its own military drills in response to chinese wargames. they used nancy pelosi's trip to prepare for any confrontation. disney reported blowout quarterly earnings as revenue jumped 26%. driving the search, a record $7.4 billion in sales at theme parks. a streaming bust for
others, but for disney, not so much. the companies stock up more than 6% in after-hours trading. united airlines betting big on flying taxis. the company put down a bid on flying taxis. it is an error-auto hybrid that will settle passengers to and from airports. faa certification for some could come as early as 2024. wenders 23 equal 5 million? mj's bulls jersey sold at auction last month. the 1998 season was jordan's last dance with chicago.
some estimate that the jersey could fetch as much as $5 million. that would be by far the most for any jordan piece of memorabilia. today at the pump, the average price nationwide for a gallon of gas, look at that. $4.01. that is one dollar cheaper than the all-time high. still, a gallon costs $.83 more than it did this time last year. the inflation report and how that could affect fed inflation decisions. dow up 88, the nasdaq up 361, nearly 3%. i am shepard smith on cnbc. it's the bottom of the hour. time for the top of the news. texas and new york at odds over migrants. how the city's mayor is responding. miracle on the freeway.
the pilot during a crash landing on how he pulled it off without anyone getting hurt. but first, school districts across the country facing a crisis. a dramatic shortage of teachers. >> with the school year just weeks away, schools are struggling to fill positions. arizona reports that they are short of teachers. similar story with kansas. in florida, school officials warned that they are in crisis mode with roughly 9000 jobs there still open. teachers unions blame several factors including lope and burnout. but schools are going to great lengths to ensure that as students return to classrooms this fall, somebody will be there to teach them. districts in texas are switching to ford day school districts.
arizona is allowing college students to instruct kids. florida is calling on veterans with any teaching experience at all to step in for another round of duty, this time in the classroom. >> here in miami dade we have almost 300 vacancies. >> reporter: with a week to go until classes start in miami, carla hernandez says that they need teachers. hernandez is the president of united teachers of dade, one of the largest teachers unions in the region. she says that low-wage, the rise of school shootings and politicization in classrooms is driving teachers away. teachers in florida on average make $51,000 a year, fourth lowest in the country, and $14,000 below the national average. >> teachers didn't get into this profession to live in a penthouse, but we also didn't get into this profession to
live in the poorhouse. >> reporter: across the country, school districts are struggling to fill the shortage. >> we just don't see this getting better. >> reporter: in alabama, the state is lowering the requirements to get a teaching license. one school district in louisiana is offering a hiring bonus of $7500. >> we want to be very competitive so that teachers choose us. >> reporter: north carolina is considering fixing its shortage by basing teacher pay on how students perform, not on classroom experience. florida now turning to veterans to lead classrooms. the program gives a five-year certificate to veterans who have not yet received a college degree. they have to pass a test and are assigned a teaching mentor.
>> you have the head of the teachers union in sarasota criticizing it, saying, well, you can't just throw any warm body in a classroom. i will tell you something. people who have served our country are not just some warm body. >> i have a brother who is a marine, and i know that he is not yet ready to step into my shoes and be a teacher, just like i am not yet ready to step into his shoes and be on the front lines. >> reporter: here in miami, they said that somebody will be in the classroom with the students. one thing they are going to look at is having school administrators act as teachers. hernandez says that they, too, will be stepping in as teachers. knew right now, the wall street journal is out with new details and new reporting regarding the search warrant that was executed at donald trump's palm beach, florida home just yesterday. here is what we are learning from the journal's reporting.
we all knew about the 15 boxes of information that the former president allegedly took with him from the white house to mar- a-lago after he left office. the question is, for what exactly were the authorities searching when they spent a reported six hours or so inside the mansion yesterday morning and into the afternoon? that is the matter on which the journal is focusing on a story that dropped just a short time ago. sadie gorman is here. she covers the justice department for the journal and is one of the reporters who broke the story this afternoon. sadie, it is my understanding that from your reporting, after the news of the 15 boxes was relayed, somebody else had further information from inside that mansion. what can you report? >> reporter: well, we still have a lot of questions about what happened between june and august, but what we learned today was that some person familiar with these documents told investigators at some point during the time period
that there still may be more classified documents at mar-a- lago. the justice department who had been negotiating with trump over the return of these boxes, you know, basically started to doubt that the trump team was being totally truthful about the whereabouts of some of this material. >> it's your reporting that the justice department got specific information about where to look. >> reporter: we do know that the justice department and fbi agents searched three rooms, including a bedroom and an office and had meetings with trump attorneys. justice department officials had requested to search a storage area and requested that
the trump team put a stronger lock on the door to preserve what was in the room. >> they were able to convince a federal magistrate that what was inside the home was evidence of a crime. >> reporter: that's right. that's the standard that any fbi agent uses to search a house. it does not necessarily mean that they are planning to file criminal charges or that the investigation is wrapping up, but it does mean that there was enough there that they were able to get a federal judge to sign off and approve this search. >> whatever they took out of there, they didn't bring it away in fbi vehicles or anything like that. but you had a specific period. >> reporter: they tried to be as discreet as possible by wearing plainclothes.
they arrived in a ryder truck. they loaded up about 10 to 15 boxes into this ryder truck. so it was low-key. >> it looked low-key until the president sent out a tweet last night. the details came from the former president. there is still no indication, sadie, there is no indication yet of what exactly this relates to. whether it is something about january 6, whether it is about something specifically related to documents outside of january 6th. >> reporter: what we do know is that this search appears to be related to the justice department investigation into trump's handling of classified
material at mar-a-lago. he had taken some documents to the florida resort that he was required by law to turn over to the archives. so we know that that is what the search was in conjunction with. but this is just an escalation of one of several inquiries by the justice department into trumps conduct including in connection with the january 6th attack. so this is just sort of an interesting development in recent weeks. >> yeah, very interesting development. sadie gorman with the wall street journal. this story dropped just a little bit ago. sadie, thanks so much. more buses of migrants from texas arrive in new york city. this time officials were ready. but mayor adams says he is not having it. the accusation directed at texas governor greg abbott that he was quick to fire back on. one company in california
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look at this watch now a house, and there it is, exploded today in southwest indiana. authorities say it kille look at this. watch now. a house exploded today in southwest indiana. authorities say it has killed three people and that there could be even more victims. it happened this afternoon in evansville, about two hours west of louisville. at least 39 homes reported damaged. no word yet on what caused the explosion. here is the aftermath. the local electric company reports that it did not detect any gas in that area. texas governor greg abbott sending more buses full of migrants from the border to new york city. volunteers and aid workers welcoming at least two buses since this morning. >> reporter: here in new york city governor abbott has been
sending buses since april. the new york city mayor adams says they did not coordinate with the city at all. mayor adams slammed the governor's actions today in a news conference. >> he is a global embarrassment, because this is not what we do as americans. his lineage, he came from somewhere. if his ancestors were treated the way he has treated these asylum-seekers and migrants, then he would not be where he is right now. >> community-based organizations were in place helping people arriving to get services they need. cnbc's valerie castro today on today's arrival. >> reporter: social support groups and authorities were
there to receive the latest busload of migrants from texas. >> we also have outreach and wellness units that are part of 40 during the day that are available for arrivals in the future. >> reporter: new york city mayor eric adams critical of texas governor greg abbott. >> i think he is irresponsible. i don't think he is capable of doing anything more than exposing what type of individual he is. there is nothing successful about treating people with this lack of dignity. >> reporter: abbott firing back on fox news against claims that he is using migrants as political ponds. >> new york welcomes immigrants, and once they have to deal with the reality of it, they cannot handle it. they are now getting a taste of what we have to deal with. >> reporter: in new york, they
were available despite the lack of information from texas. washington, d.c. has received its own buses from texas and arizona over the last several months. groups there say they are now running out of resources. >> in a week we could see anywhere from 200 to 600 migrants. >> reporter: in some cases, families have been sleeping on streets without a safe place to stay because shelters have reached capacity. asylum-seekers account for most of the increase in the census. >> valerie castro reporting from new york. officials filed a lawsuit claiming that mcdonald's violated thousands of workers' rights. they said that the restaurant
broke scheduling and sick leave laws. in some cases they said that restaurants did not let employees use accrued sick leave. this covered november 2017 to late april of this year. chipotle hourly employees in new york city will get $50 for each week that they worked over those many years. chipotle's chief restaurant officer is said that the company is pleased to have resolved the issue. he said that he is glad to report that the restaurant has implemented new timekeeping technology. the job market is booming. with so many options available, experts say that jobseekers have a huge advantage. employers are doing whatever they can to keep the workers they have. not just pizza parties or casual fridays. one company in california is offering a perk that left a few employees pleasantly surprised.
>> reporter: as he settled into a new job, matt kelly and his wife were struggling to have a second child. >> our struggles were never with having a baby, but it was with keeping the baby through the pregnancy. >> reporter: but his new company offers fertility assistance. >> when you think about people in your role 50 years ago, what a different world that must have been. >> in general, companies are becoming more empathetic to their employees. >> reporter: in a way, they have to be. analysts report the 20% more americans will quit their jobs this year, and tech workers are
famously difficult to keep around. >> just in terms of the numbers game and trying to get people through the door, this is a good example of a company trying to think beyond that. >> i have jumped from a couple companies in the last year, year and a half. >> reporter: fertility benefits offered her and her wife a reason to stay. >> it is a no-brainer that i want to be here as long as i can with this company. >> reporter: is a novel idea. companies paying for efforts to help employees have kids. >> i think my parents have that sensibility just like i did. when i told them they said that they didn't know that was a thing that could be a benefit. >> with women that i speak to, they said that this makes them feel valued and that their employer is committed to helping them over the long
term. >> why do you think it is important for a company to pay for this benefit? >> it feels like they are not turning and burning me. >> reporter: it used to be that on top of big salaries, dorm room entertainment, free snacks and beer was enough to draw young person into a company. >> in my industry we are able to play ping-pong, but by all means, this is something that impacts a person's life for benefits to come. >> reporter: fertility benefits may be a sign that the industry and the workforce are growing up. a plane, watch here, crash landing right in the middle of the california freeway. next, the moment the pilot knew that he had no choice but to try to put it down. as the meta-verse continues
to grow in popularity, many kids are making their way there. tonight, why some experts say that's a problem youn having a good time with insurance.♪ ♪young people.♪ ♪good times.♪ ♪insurance!♪ only pay for what you need. ♪liberty liberty. liberty. liberty.♪ only at vanguard you're more than just an investor you're an owner. that means that your priorities are ours too. our interactive tools and advice can help you build a future for the ones you love. that's the value of ownership. ♪♪ giorgio, look! the peanut butter box is here. ralph, that's the chewy pharmacy box with our flea and tick meds. it's not peanut butter. ♪ the peanut butter box is here ♪ i'm out. pet prescriptions delivered to your door. chewy.
here's that plane now crash landing on a california freeway before bursting into flames. you can see it descend between the moving traffic, and right there skids to the side and catches fire according to here is that play now crashing on a california freeway before bursting into flames. you can see that it skids to the side and then catches fire. according to california highway patrol, the two people on board walked away unharmed.
the pilot is named andrew cho. he told nbc los angeles that he and his friend took off for a short trip around lunchtime, then started having engine trouble and realized they wouldn't be able to make it to the nearest airport. >> when it comes to being a pilot, you never stop flying planes. just because you lose your engine, your plane doesn't drop out of the sky. you fly it all the way to the ground. >> the plane did clip the back of a pickup truck. according to authorities, nobody in the truck got hurt. cho had to kick out the door to get out of the plane. there wasn't a scratch on him. snapchat is allowing parents to monitor their kids activity on the app. it allows parents to monitor
who their kids are talking to, but they won't be able to see what content their child is sending and receiving. the company reports that they are sending out more safety features in the next few months. inside the meta-verse with the youngest users. in a world that experts say is unregulated, who was looking out for kids? >> reporter: this is 12-year old jaden immersed in the meta verse. right now he is slaying guerrillas with his headset. as we heard him playing, we heard young voices. jaden's mom adriana doesn't let him use his microphone to talk to other players, but jaden here's lots of offensive and
sexually-explicit language. >> do you hear the n-word? >> all the time. >> reporter: we heard the word while playing. it is the content that has advocates concerned. >> millions of kids across the u.s. and the world are using these headsets. they could be exposed to all sorts of hateful content, violent content, sexual content. you just see them with their little glasses on. you have no idea what they are doing. >> reporter: the company told us that while this is not a typical experience while playing gun raiders, we are aware that this can happen. we are deploying new moderation features. the makers of guerrilla quest did not respond to our requests for comment.
>> did it concern you, what they heard? >> i know that i can't prevent him from playing these games, so i would rather approach this issue through communication. >> reporter: quest devices are not intended for children younger than 13, and there are also parental controls for adults, according to the company. last year, the researcher entered an event. she said that once in the lobby -- >> i had male characters approaching me trying to touch my avatar. i can only describe this as a sexual assault within the meta
verse. >> reporter: after patel described her experience, meta implemented a personal boundary, locking and avatar from coming within four feet without permission. users can push a button to instantly exit any scenario, but patel worries that the approach has been business first, safety second. >> it really underestimates what it means to be fully immersed, fully present and fully embodied in your virtual environment. you are really headed towards the path of destruction. >> reporter: jaden has a support system for when virtual reality is too much. while he has other interests, too, virtual reality is a big part of his childhood.
former president trump pleading the fifth and refusing to answer questions during his deposition with the new york attorney general's office. the ag investigating whether the trump corporation dodged taxes and bank loans. and iranian assassin charged with trying to assassinate a former national security advisor. the signs that inflation may be slowing. consumer prices jumped from a year ago, but it is lower than the 9% year-over-year. now the news on this wednesday, august 10th 2022. we hope to see you back here
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