I will fight these injustices with every ounce of my strength and my spirit. If im charged, i know im innocent. That was new York City mayor Eric Adams taking a defiant tone in the wake of a federal indictment. Well break down the timeline of events leading up to this moment, what the sealed indictment reportedly includes, and what could come next for the firstterm mayor. Plus, Vice President Kamala Harris and Donald Trump each at the Campaign Trail in key Battleground States offering competing visions for the economy. And just hours from now, ukrainian president Volodymyr Zelenskyy will meet with President Biden at the White House as zelenskyy seeks aid in ukraines fight against russia. Well go over what to expect. Good Morning And Welcome to Way Too Early on this thursday, september 26th. Im jonathan lemire. Thanks for starting your day with us, and we have a jampacked show, and well begin with the breaking news out of new York City. Mayor Eric Adams is expected to face charges by fe
Of retail is changing. Well hear from The Boss of ingka about what it means to go phy gital. Live from london this is Business Today, im sally bundock. We start in the united states, where Donald Trump haS Pledged the us would take other countries jobs if he returns to the white house. Hes laid out hiS Plans to slash taxes, lower Energy Costs and regulations for manufacturers that made goods on us soil. At a Campaign Rally in savannah, georgia, trump promised a Manufacturing Renaissance reiterating hiS Pledge to punish american companies that manufactured outside the us, and slap large tariffs on foreign made goods to protect us industries. Not only will we stop our Businesses from leaving for foreign land but under my leadership we are going to take other countries jobs. Leadership we are going to take other countriesjobs. Ever leadership we are going to take other countries jobs. Ever hear that expression before . That we are going to take other countries jobs, are going to take othe
Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank in cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a Percentage Point bringing it down to between 4. 75 and 5 . A drop larger than many expected with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Fede
I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring in steven schoenfeld, ceo of financial Data Provider marketvectors here in New York. We see equities rallying today.