New york stock exchange, and Hillary Vaughn on capitol hill. Lets start with edward, investors seem to like what chair powell had to say. Reporter yeah, just somewhat, right . 29 or so points, somewhat like it lauren. The Federal Reserve chairmans touted this very Strong Economy that were in right now. Even at one point, signaled taking credit for keeping the expansion going through the rate cuts they made, powell said it was a difficult year where the fed reversed course. Weve cut rates three times since july. Thats 75 basis points worth of cuts and we do believe that Monetary Policy operates with long and variable lags and that itll take some time before the full effects of those actions are seen in the economy. So thatll take some time, so thats one reason to hold back and wait. Reporter and powell is watching inflation very closely, core pce inflation at 1. 3 over the past 12 months below their 2 target, powell does signal as you heard no more rate cuts or hikes, for next year. He
The dow, s p 500, nasdaq alltime highs. First time all three have been there since midjuly. Is ace Strong Economy. Strong corporate earnings. More happy talk on trade today. If you havent bought this market by now, dont despair. The experts. They have missed this one big time. Should you race in before they do their job . Gibbs welt management erin bibs and sarge guilfoyle. Erin, start with you. One of oldest axioms on wall street, new highs beget new highs but when the train leaves the station you have to be there. We wanted to make sure about the dividend cut. Now that that is out of the way charles just the tone . Just a tone. No more negative. Now that is out of the way, stocks are pushing up. Theyre not expensive. Were, talking s p 500 is trading right at its average, threeyear average valuation. It is not super high. Not extremely risky. Were looking at about almost 10 Earnings Growth for 2020. That stayed very stable in the predictions. We havent seen that come out. Charles earn
A court hears details of the final moments ofjodie chesneys life, who was stabbed in london. Four people are accused of murder. The Rugby World Cup gets off to a flying start, with a win for the host nation, japan. And at 8. 45pm, find out ifjason solomons thinks brad pitts new astronaut film is out of this world. That and more coming up in the film review. Good evening. Welcome to bbc news. Millions of people including many children, have been taking part in demonstrations around the world, demanding tougher action on Climate Change. Huge crowds gathered in cities in more than 150 countries, calling for governments and businesses to do more to save the planet. The teenage activist greta thunberg, who protested alone outside the Swedish Parliament last year to draw attention to Climate Change, is tonight leading a march in new york. Our correspondent Sarah Campbell has the latest. What do we want . Climate justice when do we want it now . Now the arctic could melt. Many animals could g
Lake erie after a 100mile twisting and turning journey from its headwaters, is an exhaustive stream. Abused and misused by man and his machines. Without the cuyahoga, the spreading megalopolis of clevelandakron would not exist. The river was the reason for settling in the 1780s. The river called crooked by the delaware indians provided a waterway to the interior of ohio so man came and nearly 2 Million People live and work in the river basin. In creating this urban complex, man has used the river as men have always used rivers. The flow has been put to work as a navigable stream, a water supply and as a sewer. Mans mark is everywhere. Is this mark an epitaph for the cuyahoga . Joining us from the cleveland area is David Stradling, a professor of history at the university of cincinnati and the coauthor of where the river burned carl stokes and the struggle to save cleveland. Let me begin, though, by asking, physically, where are you located and explain what happened 50 years ago this mo
Buena gardens. The outcome was the new Nonprofit Organization with the sole intent to operate the yerba buena gardens. We work in conjunction with commercial tenant and the city and county of San Francisco for the civic and Public Health and enjoyment of visitors and residents. I want to touch on key points. The city will maintain the role as landlord but its a True Public Private Partnership as the owner of the gardens and landlords and city would have the ultimate authority. Leadership and the conservancy made of garden stakeholders by community and civic leaders. It brings the strength of community and the city into one governance structure and from an administrator perspective it the aud audit annually and comply with the standards of hud and have openmeeting compliance. Youll hear from others in the community but its an Important Community asset and we thank you for your support and i have 26 letters of support i want to submit to the official file. Commissioner thank you, well co