By was johnsons plan passes its first hurdle in parliament. But he faces big obstacles in the house of lords. Heated debate President Trump clashes with california state officials over whether Climate Change is causing wildfires in the region. And the acts falls at the the citi,lls at citigroup resuming job cuts. Anna absolutely, lets talk about the jobs market, specifically in the u. K. , we are getting jobs numbers coming through. Jobless claims arising by 73,700 in august. To give you some context to that, that is lower than the previous number. In the prior month, jobless claims numbers rose by 94,000 in july. Perhaps if you are looking at that rate of change or the pace of the surge we have seen in jobless claims, it is not as much as last month, but we are living in a very strange o job market in the uk given the furlough scheme that is keeping in a lifesupport certain businesses thereby limiting the number of jobless claims. In the unemployment rate, the same applies. For threeo
These are the top stories in business and finance at this hour. China is given Global Markets a booster shot in a surprise move, Chinas Central Bank cut is bench mark Interest Rates for the First Time Since 20 12 the one year lending rate was reduced to 5. 6 . China is on track for its slowest annual growth in more than two decades. Stocks around the world shot up on that unexpected move out of china and comments from the e. C. B. President. He said Inflation Expectations in europe have fallen to a excessively low level and the e. C. B. Must find a way to get prices rising as quickly as possible. The inflation situation has also become increasingly challenging. Headline infrustration has fallen significantly over the last year. Last november it still today as 0. 9 . This was low, but it was generally expected to rise safely above 1 by now. Draghi is trying to keep europe from sliding into a japan style deflation anywhere spiral. Hours after his speech, the e. C. B. Said it is the gun b
Varney company is about to begin. [ music transitions to rock ] make it happen with the allnew fidelity active trad pro. Its one more innovative reason serious investors are choosing fidelity. Get 200 free trades when you open an account. Sometimes they just drop in. Always obvious. Cme group can help you navate risks and capture opportunities. And drive forward with broader possibilities. Cme group how the world advances. If you have or had one of these plans before the Affordable Care act came into law, and he really likes that plan, what we said was you could keep it. If it hadnt changed. Stuart okay, but here here ise big story this day, i went around the president s broken promise that you could keep your Insurance Plan but youre going to have to pay for it. The president is working on administrative fix to cushion the blow for millions of people thrown off their plans. Subsidize millions more people. Give subsidies to individuals making 50,000 per year. They put the price tag at
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Ukraine dominated the team awards at the Worlds International Blind
Sports Federation (IBSA) Bench Press and Powerlifting Championships
and European Bench Press and Powerlifting Championships by finishing
top of all eight tables.