Busy week on Wall Street as inflation soars and fuels recession fears

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Busy week on Wall Street as inflation soars and fuels recession fears
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It's shaping up to be a busy week on Wall Street. JohnBDias breaks down how a series of announcements could impact your wallet:

Many people are feeling the squeeze at the grocery store, gas station, or even ordering things online.

Big tech companies, like Amazon, Google and Meta, will announce their second quarter reports in the coming days, giving an insight into whether the economy is improving. "If I had said that a year ago -- assuming another war doesn't break out, assuming we don't have another COVID -- there's so much out of our control. Inflation is a global problem," Commerce Secretary Gina Raimondo said Sunday on"Face the Nation."

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