12 PM ET: Jobs in jeopardy, NYC v. Abbott, Musk wants out (again) & more

The Federal Reserve Chairman hinted “some pain to households and businesses” is coming – we’ll tell you what that could mean for US jobs. The back-and-forth legal drama continues in the wake of the FBI’s search and seizure of former President Donald Trump’s Florida home. European Union officials are meeting today where a ban on Russian tourists is being discussed. New York City officials give an update on how they’re handling the thousands of migrants bussed to the city from Texas. Plus, Elon Musk is still trying to get out of buying Twitter – we’ll tell you what he’s arguing now.To learn more about how CNN protects listener privacy, visit cnn.com/privacy