Recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate or economic outlook since the pandemic began. Investors have cheered the cut, the Dowjones Industrial The Dow Jones Industrial Average the Dowjones Industrial Average 500 rising to a new all time high. More from new york. Record high, a day after the Federal Reserve kicked off its easing cycle. The 500 Euros i. 7 easing cycle. The 500 Euros 1. 7 and extending this years gains 20 meanwhile, 500 points topping 42,000 For The First Time and the majority of Industry Groups close of the session higher and sharing outperformed as the Rate Cuts spurred investors to attend to a risk on Mood And Tesla gained 4 and more than 7 respectively in stocks traditionally tied to this also jumped in the giant industrial Home Depot also gains and better than expected to data adding to the optimism suggesting the Labour Market r
On wednesday following a report the White House is preparing to formally block Nippon Steels 14 Billion takeover bid. People familiar with the matter say a decision could be made as soon as this week. The move would be highly controversial and critics say it would lead to Job Losses and could chill foreign investment in the us. For more, heres our North America Business correspondent Ritika Gupta in new york. Nippon steels 14 Billion bid to acquire united States Steel has been caught in the crosshairs of an election year, and in the crucial Swing State of pennsylvania, where us steel is based. Us president Joe Biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. Presidential nominees Kamala Harris and Donald Trump have also both Committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. Proponents of Nippon Steels bid say the us shouldnt reject a bid from a
Live from london this live from london this is business todAy. Is business todAy. We stArt in the Red SeA where irAn bAcked Yemeni Houthi rebels AttAcked two more Crude Oil TAnkers with missiles And drones on mondAy in whAt us CentrAl CommAnd cAlled Reckless Acts of terrorism. LAte lAst week the group releAsed these pictures of Another AttAck on the greek flAgged tAnker sounion. Since the houthis begAn tArgeting ships in support of the pAlestiniAns over the GAzA WAr bAck in november they hAve lAunched more thAn 70 AttAcks, sinking two vessels, Seizing Another And killling At leAst three seAfArers. The economic impAct hAs been felt fAr beyond the region with ships forced to divert on A long And costly detour Around the horn of AfricA. West coAst soAred 389 Betwen December And july. From AsiA to europe its been even more expensive up 469 over the sAme period. Those prices hAve eAsed A little since but Are still mAssively higher thAn when the houthis begAn their AttAcks. Peter sAnd is Chi
scare today after word that local police lost documents with sensitive security information. the trip is meant to celebrate the president s irish roots and the anniversary of historic peace agreement. the president s insistence on pushing green energy, specifically electric vehicles is causing some problems back home. white house correspondent jacqui heinrich is in dublin, ireland tonight 2r58ing with the president. good evening, jacqui. good evening to you, bret. never mind the cost of an electric vehicle is more than $61,000 today on average, which is more, by the way, than the average salary per year of the average american. but critics are saying this proposal has some practical limitations that could make it impossible. my name is joe biden and i m a car guy. but maybe not so much a combustion engine car guy anymore despite his love for his corvette with the e.p.a. promoting sweeps cuts two thirds of cars and trucks sold by 2032 to be electric. wrote don t have a