Britain's Queen Elizabeth II dies; mortgage rates at highest point since 2008; cheaper electric vehicles coming | Hot off the Wire podcast

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Britain's Queen Elizabeth II dies; mortgage rates at highest point since 2008; cheaper electric vehicles coming | Hot off the Wire podcast
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🎧 Queen Elizabeth II, Britain’s longest-reigning monarch, died. More on that story, the death of former CNN anchor Bernard Shaw, mortgage rates and electric vehicles on our daily news podcast.

Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | Omny Studio Buckingham Palace says Queen Elizabeth II, Britain’s longest-reigning monarch, has died. She was 96. Elizabeth spent more than seven decades on the throne as the U.K. rebuilt from war, lost an empire, transformed its economy and both entered and left the European Union.

In a statement, Charles called his mother's death “a moment of the greatest sadness for me and all members of my family,” adding: “I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth, and by countless people around the world.” The last time the Federal Reserve faced inflation as high as it is now, in the early 1980s, it jacked up interest rates to double-digit levels — and in the process caused a deep recession and sharply higher unemployment. On Thursday, Chair Jerome Powell suggested that this time, the Fed won’t have to go nearly as far.

Bernard Shaw, CNN’s chief anchor for two decades and a pioneering Black broadcast journalist best remembered for calmly reporting the beginning of the Gulf War in 1991 as missiles flew around him in Baghdad, has died. He was 82. Auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers. That's despite rising battery costs. The latest EV came Thursday from General Motors, a Chevrolet Equinox small SUV. It has a starting price around $30,000 and a range-per-charge of 250 miles.

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