shareholders are in favour. welcome to business today. i m sally bundock. we start in the us where the cost of borrowing will be staying higher for a while longer. the us federal reserve left its key interest rate unchanged on wednesday at its highest in more than two decades and signalled it only expects to make one cut this year. the fed though is predicting four more cuts in 2025. the decision came just hours after some encouraging news on its battle to control inflation. america s official consumer price index showed prices rising at an annual rate of 3.3% in may. that was down 0.1% on april s rate and was lower than expected. but it s still way above the fed s inflation target of 2%. erin delmore in new york has all the details. economic datasets can feel abundant, these are two big deal events. we ve only seen them happen on the same day seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that held good news wednesday morni
plan to keep him focused, walking americans through one rule of the law each day. and the biden administration is kicking off a new ad campaign to help sell the bill to a politically fractured nation. the resources in this plan will be used to expand and speed up manufacturing and distribution of vaccines, set up more vaccination sites to get the country in a place to get back to normal. this plan will get checks out the door starting this month. now, the white house says the checks for some americans will land as soon as this weekend. beyond the bill, the president is making some other big promises. in his first prime time address, he vowed enough vaccines to direct all states, tribes and territories to make all adults 18 and older eligible for vaccination by may 1st. and he set a goal of july 4th as the first holiday during the pandemic when small groups should be able to celebrate in person together safely. as my cnn colleague put it, the light in the tunnel may be fir
let s get the latest on the storm forecast with fox weather meteorologist adam klotz, adam do tell. this is the storm as we see it off the baja peninsula that we ve been talking about it is running over a little bit colder water. it is so interacting with land a little bit so still a tropical storm winds now down to 65 miles per hour moving to the north at 25 miles per hour so moving quickly about give or take 100 miles currently south of the border but as you can see so much of the rain and so much of the activity is front loaded on this storm so all out ahead of it and seeing heavy rounds of showers taking los angeles area this green box that is los angeles county and they re currently under a flash-flood warning. they have seen a couple of inches of rain really quickly particularly there in northern mountains just north of the city, all of that rain being quite a few squeezed out of higher altitudes and moisture coming down relatively quickly and this is a fairly big concern and
high and many more. the opportunity for us is to connect with fans in many different ways, and have multiple touch points and continue to evolve our offering for our consumers and fans. you think mattel for our consumers and fans. you think mattel will for our consumers and fans. you think mattel will still be making physical plastic dolls in ten years time? irate in ten years time? we absolutely in ten years time? we absolutely believe - in ten years time? we absolutely believe in i in ten years time? - absolutely believe in physical play. physical play is here to stay and the toy industry is growing, it is an important part of human development. kids touch it, they hug it, they go touch it, they hug it, they go to bed with the product, and toys are inspirational as much as they are in aspirational. the beautiful mattel is because we only underlying asset, we can expand our business in addition to what we do. and thatis addition to what we do. and that is the excitement we ha
are at work, juggling work with learning for a degree, a module, a short course or apprenticeship, all the things you can do at the ou for example. you can do at the ou for example- you can do at the ou for example. you can do at the ou for examle. ., ., ~ ., ,, example. good to talk to you. head of government - example. good to talk to you. head of government and - example. good to talk to you. . head of government and external affairs at the open university. finally we have heard so much about artificial intelligence and its threat to white collar jobs but here is an alternative view. executives at a top uk advertising agency say ai can be an accelerator of human creativity ?will be a job generator for their industry. michael sugden is chief executive of vccp the uk s biggest creative advertising agency. this is your view. do tell. how will ai mean it will makejobs in your industry better? will ai mean it will make “obs in your industry better? good mornin: in your industr