Just had the latest reading on the economy there for the first three months of the year. Official figures revealed the economy expanded at an annualised rate of 1. 6 , far below expectations and also less than the growth seen in the final months of 2023. Meanwhile, inflation, which measures the pace of price rises, has increased. At the start of the year, experts had been forecasting a series of Interest Rate cuts in the us so how do these figures play into that crucial decision . Lets talk to our north America Business correspondent now, erin delmore. Erin, the economy is growing but those figures arent as good as expected. It is inflation that is still a big issue . W , it is inflation that is still a big issue . , , ~ , issue . Exactly. Numbers like this like gdp give issue . Exactly. Numbers like this like gdp give us issue . Exactly. Numbers like this like gdp give us a issue . Exactly. Numbers like this like gdp give us a good issue . Exactly. Numbers like this like gdp give us a
government says it s investigating claims by a hackers that they have stolen the details of 560 million of its global customers. it could be a fresh crisis for the company s owner live nation whichjust last week was hit by a us government lawsuit accusing it of having a monopoly over the live music business and seeking to have it broken up. the bbc s monica miller is looking at this for us in singapore. this news just breaking, this newsjust breaking, what is the latest? we this newsjust breaking, what is the latest? is the latest? we know the u-rou is the latest? we know the grow) that is the latest? we know the group that emerged - is the latest? we know the group that emerged is - is the latest? we know the i group that emerged is named shiny hunters and online later they have stolen data including they have stolen data including the names, addresses, phone numbers and partial credit card details of customers and in the post it said the data was available for $500,0
than 40,000 south african miners employed by anglo american. in a statement, bhp ceo mike henry said. anglo had rejected bhp s previous offers, saying they undervalued the company and its prospects. speaking of deals, it s been a big week for consolidation in the energy sector. the latest development? conocophillips s acquisition of marathon oil in a $22.5 billion deal. erin delmore has all the details and more on this rising trend. think about the early days of the pandemic. people are stuck at home, not going out and not driving their cars. 0il at home, not going out and not driving their cars. oil prices crashed, but sent them, prices have come back then. back up. take conocophillips. the share price has nearly tripled and now it s acquiring marathon 0il worth $25 billion including debt. that will help conoco expand drilling in mexico, north dakota and texas and are to equatorial guinea. large and midsize oil companies have been competing to buy up the smaller rivals. a
thank you for being with us. we start in new york where the 12jurors in donald trump s hush money trial have begun their deliberations in the first ever criminal trial of a us president. mr trump is facing 3a counts of falsifying business records. prosecutors accuse the former president of an elaborate scheme that violated campaign finance laws, to cover up a $130,000 hush money payment to porn star stormy daniels. those business records include entries in business ledgers kept by the trump organization. cheques and cheques stubs from a donald j. trump account. and invoices from his former lawyer, michael cohen, who testified that he paid daniels on behalf of trump to suppress her claim of an affair from 2006. well speaking outside the court mr trump took issue with the wittnesses that were called and the crimes he is being charged with. so it seems that there are a lot of witnesses, a lot of people that they could ve called and they didn t call. dating column obviously b