from consumer companies like microsoft, samsung and intel. the technology sector has enjoyed rapid growth during the pandemic but they now face inflation fears and are operating in a higher interest rate environment. there been higher cost saving measures going to place, for example meta announced it will cut 10,000 morejobs this month that s on top of 11,000 jobs that s on top of 11,000 jobs that go last november. the deputy chief investor at richard bernstein investors is not optimistic about the stocks in the us. i not optimistic about the stocks in the us. ., , ., , in the us. i don t see any reason in the us. i don t see any reason to in the us. i don t see any reason to suspect - in the us. i don t see any i reason to suspect anything different from what we have seen. both from these companies over the past few quarters but also from the companies we have heard from this earnings season. what s clear is that growth is slowing and that is hurting these companies, n
treasury secretary, janet yellen. it comes at a time when diplomatic and economic relations between the us and china are increasingly fraught. the bbc s north america business correspondent samira hussain has more. it has been five years since the united states imposed tariffs on billions of dollars of goods coming in from china. since then, not only have trade relations, but diplomatic relations between the two countries have deteriorated. but in a speech at an american university, us treasury secretary janet yellen was emphasizing the need for a more constructive relationship with china. we seek a healthy economic relationship with china, one that fosters growth and innovation in both countries. a growing china that plays by international rules is good for the united states and the world. both countries can benefit from healthy competition in the economic sphere. but healthy economic competition where both sides benefit is only sustainable if this competition is fair. but t
hello, i m christian fraser. you re watching the context on bbc news. the bye bye blues. the tick is removed, sending social media into meltdown. but what does it mean for the future of twitter. and our trust in it. for many of you the blue bird has flown the nest? well the blue tick anyway. if you are a twitter user, you might have had one of those ticks on your account, to authenticate who you are. but now they come at a cost, and yesterday by virtual tweezer, many of the ticks were being removed. the pope, beyonce, jk rowling, christiano ronaldo among many high profile users who ve been hit. the cost for annual subscription at least through android is £11 a month. but some are getting it free, lebronjames, william shatner the author stephen king. not that stephen king knew about it my twitter account says i ve subscribed to twitter blue. he said. there is, though, a serious side to all this. no longer will you have that certainty that the person you follow is who they
To the Santa Clara Valley a good shape in the south bay lets look over the course of the east bay which had been under the gun early this morning we are tracking rain in the north they now moving into the east is to take a look the upper a sure freeway now in the Richmond San Rafael bridge bridge like to moderate rain in this rain is expected to move off to the east and short order impacted communities out along 680 tech a look of this band of heavy rain moving out in the direction of berkeley by 6 08 this morning you should see berkeley in about eight minutes orenda likely by the 611 this morning and lafayette st. About 614 adults along highway 2 to 4 here there will be impacted until 15 minutes before it gets out of a is like concord and walnut creek along the 680, or more. James it was coming down rather intensely that is what you can expect this particular self line tracking that quickly keep the town here will update you periodically in just a little bit and track is a continues t