Will today announce if it plans on raising Interest Rates for the worlds biggest economy. Any rise will be seen as an endorsement of not only the strength of the American Economy, but also the Global Economy, ten years on from the financial crisis. There have been three rises since december 2016 and markets are already factoring in another rise later today. Us Economic Growth has hit an annualised rate of more than 3 in the past two quarters, while the Unemployment Rate is at its lowest since 2000. Us jobs growth was once better than expected in november, with payrolls rising by 228,000 with the Unemployment Rate Holding Steady at 4. 1 . And in october the imf upped its forecast for the Global Economy and now predicts growth of 3. 6 this year and 3. 7 in 2018. Meanwhile, the us stock market has also been surging ahead its regularly broken records throughout the year. But just who should take the credit for it . Turns out theres a difference of opinion as Samira Hussain reports now from
Hundreds of schools are failing to impr| for the force was with the hundreds of schools are failing to impr| forgecfi; force was with the iii from f; we will tram fz, we will be reviews from critics, and we will be talking to them shortly. Good morning. Its wednesday 13th december. Im annita mcveigh. Welcome to bbc newsroom live. Theres been a huge political upset in the united states, where the republicans have been defeated in a Us Senate Election in alabama for the first time in 25 years. Its a major blow for President Trump who had supported the republican candidate, roy moore. During his campaign, mr moore eight women came forward to say he had been accused of Sexual Assault. One claim this had happened since she was 1a. His rival doug jones will now become the first democrat to represent the state in the us senate since 1992. The democrat victory narrows the republicans majority in the upper house to 51 19, making it harder for President Trump to get his legislative programme th
Christmastime. Well bring you all of the details tonight and Deputy Attorney general rod rosen stein testifying today that he will not fire special Council Robert mueller as republicans ripped into the 375 texts many of which ripped into President Trump, from two fbi officials assigned to muellers russia probe that would be peter strzok and lisa page. Their texts are viral against President Trump and they call him an idiot and they are supportive of Hillary Clinton at the time when the fbi was investigating her private email server. The texts began as early as december 2015. Strzok has been reassigned in the fbi but now these texts are drawing the attention of congressional investigators plus its official in terms of the seed of its rocket ship rise on the term bitcoin now surpassing the infamous 17th century mania, one analyst says and we will break it all down for you, so is it time to buy or sell . Were watching your money weve got an allstar guest line up including former Senior Ad
Hedge Fund Managers to keep the ultralow tax rate. It is called carried interest. Really a nice pay much less than you. Forgive me if i call it a racket. We reported these tax details yesterday the market rally at the value of all stocks have gone up 623 trillion since the election. As things move forward today, stocks inching higher again with just 414 points from dow 25,000. I will say it again, ive never seen anything like this before. We have seen Government Shutdowns before and another one is looming. Congress has until next friday to fix it. This is politics. Previous shutdowns have no impact on the economy or the markets. Thursday december 14th, 11 days until christmas. Do you know where your package is . Varney company is about to begin. You know, the president was not whispering. Hes not known to speak in a low voice. We lost the audio. Tens of millions of people get an increase in their paycheck in february next year. He was talking tax cuts right here. By the way, hes readin
People. He says the move will raise about 800 million a year. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti. This is bloomberg. Emily i am emily chang and this is Bloomberg Technology. My see of the sun devils down on his quest for u. S. Consolidation. An offer for charter hanging in the balance. We will weigh all the options. The memo nobody missed from google. An engineers manifesto has gone viral. The backlash that hit resets on Silicon Valleys diversity problems. Netflix rolls the dice on its first acquisition ever. We will break down the back on the bet on superheroes. Softbank is back in the spotlight with earnings that helped softbank beat estimates. Good news for softbanks chairman and c. E. O. Masa Masayoshi Son. The billionaire is in the process of creating the 1 billion visions fund. The fund was included in the results for the first time. He says he considered various deal options. Joining us to