Stocks. Stuart has been pointing out, that is growing consensus view here, he is a lot more palatable, that is joe biden than Bernie Sanders. And that seems to be where the markets are focusing on. That and the fact a lot of Health Care Stocks that were getting bludgeoned under the prospect of potential nominee Bernie Sanders, a long way from down, are now jumping quite nicely. Look at the yield of the 10year note. Sometimes i think that is a typo. That is the yield right now,. 95 . Did i ever tell you what my wife and i got fine. Get read on this all moving very fast. Deirdre bolton, i guess it comes down to the delegates. Where do we stand . Michael bloomberg endorsed former vp joe biden suspending his campaign a few hours ago. Defeating donald trump, uniting behind the candidate with the best spot to do it. The person to do it, my friend, joe biden. Disappointing night for bloomberg. He spent the most money out of any candidate, President Trump included. Our internal calculations sh
Growing tensions between the uk and china as a british consular worker tells the bbc he was tortured by chinese secret police. And we talk to the star of a hotly tipped film at this weeks singapore Film Festival. Live from our studios in singapore and london, this is bbc world news. Its newsday. Its 8am in singapore and midnight here in london where Prince Andrew has decided to step back from his royal duties for the foreseeable future. It follows controversy surrounding his friendship with the convicted paedophile, jeffrey epstein. And his disastrous interview at the weekend with the bbc. The prince has denied having sex with a 17 Year Old Girl procured for him by epstein. But a number of organisations linked to his work have begun to distance themselves. Nicholas witchell reports. Driving himself into Buckingham Palace yesterday, the only sighting of Prince Andrew since the newsnight interview was broadcast. Hostility towards him has shown no sign of lessening. Poison prince and pari
And we talk to the star of a hotly of england in the west midlands, tipped film at this weeks into west country and wales through singapore Film Festival. The day. Thats an area to watch as things get wetter. Those temperatures, 9 10 degrees. Lets set into the weekend. Its a weekend dominated by low pressure. We got one slow moving area of low pressure which is why we are seeing that rain developing. How far north the rain gets, a little bit uncertain. Most of the rain across england and hello, and welcome to the programme. Wales, perhaps heading towards northern ireland, as far north as its 9 00am in singapore and 1 00 the central belt, allowing something in the morning here in london, drier and brighter to arrive across parts of the window and wales and where Prince Andrew has decided to step back from his royal duties temperatures again typically 9 11 for the foreseeable future. Degrees. Some rain around on it follows controversy surrounding his friendship with the convicted paedoph
Perfunctory. Now it is done. Tmobile, sprint, theyre coming together. Charlie gasparino has the breaking details on sprint tmobile, what happens now. The concessions that were made, what it could mean for industry. Will we go to blake, guys . Blake is available. First you were missing in action now youre doing your job. You are doing your job. The white house come out to say essentially we have had much stronger, you know, gdp read, paraphrasing here, if not for the Federal Reserve spoiling the party, that is essentially it, right . Port pot the favorite punching bag of the president and the white house is out today. Very first reaction from President Trump, focus on 2. 1 gdp number. He took to twitter to say that the fed has quote, wrapped an anchor around our neck. That tweet from the president , saying it wasnt bad. Usa ready to go forward but the fed is the problem here. His top Economic Advisor larry kudlow also blamed the fed when pointing to a different number. You remember neil
Announcements, still a couple hours away. Edward lawrence where things stand. Reporter the Federal Reserve has not cutrate since december of 2018. Nowed administration would like to see 2008. The market is pricing in a 25 basis point rate cut at this point. If you look at the speeches over the past month or so, of the 10 voting members on the federal open Market Committee six of those, those six on the screen, have indicated they would favor a rate cut. Now this Federal Reserve chairman Jerome Powell says that the Federal Reserve will use its tools to keep the expansion going. This is important, his language is important, not to head off a downturn but keep the expansion going. That could signal the Federal Reserve could act before they saw any numbers that represent a downturn. They are slow and deliberate in the moves up. A Senior Administration official says the president will call for a more aggressive Monetary Policy. The official says the president want a 50 basis point cut today