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.
Champions league and we start this competition and the Champions League is the best competition in the world. Everyone i think is ready, wants to play, and hopefully it goes on the right direction. Goes on the right direction. Arsenal Winger Bukayo Arsenal Winger Bukayo Saka is available to saka is available to play in their Champions League play in their Champions League opener at atalanta. Opener at atalanta. Saka was taken off in saka was taken off in sundays north London Derby win sundays north London Derby win at tottenham with Arsenal Boss at tottenham with Arsenal Boss Mikel Arteta saying Mikel Arteta saying he could not continue. He could not continue. Captain Martin Odegaard Captain Martin odegaard has been ruled out with has been ruled out with a significant Ankle Injury a significant Ankle Injury which arteta hopes wont have which arteta hopes wont have too much of an impact too much of an impact on their perfomances. On their perfomances. He is ourcaptain, different rightdi
And thats bbc news at six. Now its time to join our colleagues for the news where you are goodbye. Hello and welcome to sportsday. Iam hugh i am hugh farris. The headlines this evening. Thursday night is Champions League night, for one week only, as arsenal are the final British Club to make their bow. Ben Duckett Stars before england are spun out at Trent Bridge in the first one dayer against australia. And this will be the british Teams Opponent for a place in the Americas Cup, a rematch against italy for Sir Ben Ainslies Boat. We speak to him on sportsday. Each time we learn, we get better, so weve got a better overall package and i think we can Really take it to them this time. Also coming up on the programme fresh from their Win over the world champions, england name a squad for the Wxv Tournament that could have the next World Cup very much in mind. Hello again. Welcome along to sportsday. If the seasons first week of European Football has felt pretty normal so far, it might be t
Up but ultimately they had to make up just too much but ultimately they had to make upjust too much ground, and, as a result, the americans could do it with half points. The most notable of those came from lilia vu, the world number two. She had been in fine form throughout the match but she was up against it against al bandar nannes whaler, the rookie making her debut, he was too uppity to play. Then her opponent holds a brilliant cut on the 17th that kept alive in the end of the 18th fantastic approach shot that led to the tap and that really prompted the start of the start of american celebrations. They have the solheim cup back. They had to work extremely hard for it but it is back in their hands for the first time since 2017. It really could have gone either it really could have gone either way. It really could have gone eitherway. It it really could have gone either way. It is crazy there at the either way. It is crazy there at the end how it kind of and yes, at the end how
Of the 18th fantastic approach shot that led to the tap and that really prompted the start of the start of american celebrations. They have the solheim cup back. They had to work extremely hard for it but it is back in their hands for the first time since 2017. Think it really could have gone either way. It is crazy there at the end how it kind of unfolded, and i wasjust hoping and praying it went in our way, and just proud of the team, and lilia s finish there was unbelievable. That is what you expect from one of the best players the world. I had fun today. It is always exciting and on sunday but there was possibilities out there. And several times we thought we could get it done. But i mean it came down to a couple of matches. I happy for stacey obviously, home turf, but we welcome back. Very hungry. Onto football now and the premier league where arsenal have moved up to second after winning the north london derby at tottenham. Gabriel scored the only goal in a game their manager mik