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It's the final day of the G7 summit in Germany, with the meetings expected to focus on keeping critical military and economic aid flying to Kyiv as the battle for eastern Ukraine intensifies and Russia steps up its attacks on innocent civilians. Meanwhile, the economic consequences of war and sanctions are on full display in Russia, with Moody's ruling Monday the country is formally in default for the first time in more than a century. The White House says that's proof that western sanctions against Moscow are causing real pain for Putin. G7 leaders are also pondering placing a cap on oil exports, a move that could hamper Russia's ability to continue to fund the war. We have it all covered in this episode of First Move. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Friday's Supreme Court decision overturning the constitutional right to abortion in the United States is reverberating across the world. Major US firms from Disney to JPMorgan and Apple are promising to provide financial support to workers who may need to travel for health care in other states. But what about small or business employees who are clearly hearing warnings about the economic impact of that Supreme Court decision? One study suggests denying women access to abortion will be damaging for the US economy as a whole. One of that report's authors joins the show. Also: Russia defaults on its foreign debt for the first time in over a century To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Ukrainian forces are withdrawing from the key city of Severodonetsk, effectively ceding the city to Russia and putting the eastern Ukrainian region of Luhansk almost fullyunder Russian control following months of grueling and bloody fighting. CNN's Salma Abdelaziz reports live from Kyiv.  To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Wall Street seemed set to begin this short trading week with solid gains on the first day of summer in the northern hemisphere. That would certainly provide solace for investors still reeling after last week's precipitous drops, not to mention the continued recession warnings from the likes of Goldman Sachs and Elon Musk. The latter opined that a recession is more likely than not. And US Treasury Secretary Janet Yellen warns prices will remain unacceptably high through the rest of the year. Julia and her guests cover those thorny topics and others in the Tuesday edition of First Move. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

US stock markets are closed Monday in honor of the Juneteenth holiday, providing investors a brief but perhaps welcome respite from last week's wild ride. Alas, there's no relief for Ukraine as Russia's invasion continues. And it's that ongoing war where our coverage begins today. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Following a torturous Thursday for the US stock market, stocks began Friday in positive territory. We take an in-depth look back at a remarkably challenging week for global markets, as well as a look ahead to what we can expect in the future. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

As expected, the US Federal Reserve yesterday implemented a king-size rate hike  of .75%. The European Central Bank is following suit with a queen-size .25% increase. US stocks rallied after the Fed's move. Is that confirmation that the Fed is now serious about tackling soaring prices? CNN's Christine Romans joins the show to discuss. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

A cornucopia of central bank action is taking place today. The main event: a rate hike decision from the Federal Reserve followed by a news conference by Chairman Jerome Powell. He's expected to confirm what the Fed strategically implied to a few select reporters earlier this week: a rate rise of .75%. Not to be outdone, the European Central Bank has announced an emergency meeting at which they will "apply flexibility and is working on an instrument to address rising bond yields in some member countries." What does all this mean? We attempt to answer that question in today's show. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Following a miserable Monday that finished with the S&P 500 in bear market territory, all eyes are on the Federal Reserve. Goldman Sachs says they expect a three-quarter percent rate hike at tomorrow's meeting. If that prediction is correct, it would be the biggest one-day hike in borrowing costs since 1994. And that, of course, is going to have a clear impact on consumer activity and market mentality. Julia and her guests have it all covered in today's show. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

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While for many around the world, summer is just around the corner. But for US consumers, the heat is already on. Red-hot inflation numbers just released show the US Consumer Price Index rose a worse-than-expected 8.6% on a year-over-year basis, driven by continued spikes in food and energy prices. CNN's Rahel Solomon walks us through the numbers. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

The European Central Bank will finally hike interest rates in an attempt to rein in soaring inflation, but not until July. The ECB plans to raise rates by 25 basis points at next month's meeting. It also announced significant cuts to its growth forecast stemming from the war in Ukraine. Anna Stewart, host of CNN's Marketplace Europe, joins Julia to provide more details.  To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Ukrainian officials say Severodonetsk in eastern Ukraine is almost entirely decimated but still not under the control of Russian forces. As this episode of First Move opens, CNN reporter Salma Abdelaziz explains why the battle over what has essentially been turned into a wasteland is vitally important.  Also on today's show: how the war in Ukraine, China's Covid lockdowns, and rising prices are all weighing on the global economy. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Ukrainian forces continue to defend the key city of Severodonetsk from Russian attacks. Ukrainian officials say the situation there is changing “every hour.” Meanwhile in the Black Sea, the Ukrainian navy says Russian ships have withdrawn 100 kilometers after its missile and drone attacks. Our coverage today begins with a live report from Kyiv. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Britain's embattled Prime Minister Boris Johnson faces a confidence vote today. That's where lawmakers from his own Conservative party will decide if they still want him as leader. It requires 180 votes -- a simple majority -- to oust Johnson. CNN's Nada Bashir joins the show from Downing Street to explain the process and discuss what is likely to happen. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Today's show begins just moments after the US Bureau of Labor Statistics released the latest jobs report -- a crucial piece of information for economists looking at signs of slowing growth as the Fed begins hiking rates. 390,000 jobs were added last month, a bit higher than anticipated, showing that the US job market remains very healthy but may be beginning to ease a bit. Meanwhile, the unemployment rate held steady at 3.6%. We take a deep dive into the numbers with CNN's Rahel Solomon. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Jamie Dimon, CEO of America's largest bank, issues a stark warning, saying it's time to brace yourself for an economic "hurricane. We just don't know if it's a minor one or Superstorm Sandy. You better brace yourself." Dimon adds that that JPMorgan Chase is preparing for a "non-benign environment" and "bad outcomes." His dire forecast comes amid a turbulent time for investors increasingly worried about a recession. Our in-depth analysis of Dimon's remarks begins with CNN global business correspondent Rahel Solomon. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

A Ukrainian official says Russian forces now control 70% of Severodonetsk in the country's east, and that evacuations have been suspended as it's become impossible to import humanitarian aid. A thick orange cloud was visible over the city following an explosion at a chemical plant. Local militia claim the cloud contains nitric acid and blamed Ukrainian forces. Our coverage begins with CNN's Melissa Bell in Zaporizhya. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

EU leaders are holding a second day of talks after they already agreed on an almost total ban on Russian oil imports. The council is now looking to finalize such a ban by the end of the year. Our coverage of this key development begins with CNN's Anna Stewart. To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Putin's invasion is now targeting the city of Severodonetsk in the Luhansk region. Ukrainian officials say at least two people were killed, and five others were injured in the latest attacks. Meanwhile, Ukrainian President Zelensky visited troops on the front lines in Kharkiv on Sunday. It was his first trip outside the capital region since the invasion began in late February. Our coverage begins with a live report from CNN's Matthew Chance in Kyiv. To learn more about how CNN protects listener privacy, visit cnn.com/privacy