Trumps tax cuts and those french elections. Riding the wave of the Foodie Revolution. Celebrity chef mark hix will be with us to talk, food, fads and investment. Today, we want to know is cash your king . A survey says a third of us would rather pay digitally, do you still carry cash or is contactless the future . Let us know. Just use the hashtag bbcbizlive. Cash, rachel. Always carry that with you. I shouldnt say that. I dont have any cash on me shaking up the tax system has been a major theme of the trump administration. Today hes promising what he describes as A Big Announcement on his planned reforms. In fact, mr trump has already said hes planning what hes called maybe the biggest tax cut weve ever had. During the campaign he talked about cutting the top individual tax rate from 36. 9 to 25 . In terms of business, he wants to cut the Corporate Tax rate from 35 to 15 . Mr trump has also proposed charging american firms a one off tax ofjust 10 on money they bring back to the us fro
Saudi arabia is set to unveil its plan to balance a countrys budget and maybe even run a surplus by 2020. Welcome to bloomberg daybreak europe colleaguede me as my yusuf in dubai. Lets talk about oil, its never far from your heart. I know you dream about it. There is somebody out there that believes in 100 oil next year. Im talking about the coal options that traded yesterday. What we saw yesterday was by the end of 2018, someone had taken a in terms ofle pump oil. About a million bucks yesterday. Really after seeing this momentum in the oil market, the hedge funds of the most bullish. Their call options are the longest since 2011. In the big skiing among things, is a million bucks option play out there that big . No, but it is a lovely round number for the market to hang its hat on. There is somebody out there that wants to add that amount by 2018. On the horizon. However at the same time youre seeing the rise in grant and the , what the rise in brent youre seeing is volatility drop t
For Atlantic City to pay up on a 12 million debt. The new warning about popular supplements that could be wasting your money and putting your health in danger. But the big story on action news this noon is the harsh cold and high winds sky 6 hd taking a look at penns landing. The temperatures are in the Single Digits and the teens across the region. We begin with meteorologist, david murphy at the action news big board. With the latest. At least we see sunshine out there, we have cloud cover but thin enough to allow the sun in. We have a cold front shooting off the coast and a northwest wind is coming in not the strongest we have seen but its coming from the great lakes that is cold air up there, we started with a temperature of 20 degrees and we havent improved all that much, still 25 21 in allentown and 26 in millville and 25 in wildwood, the winds are dropping out of the northwest in the teens in some spots only a 10 Miles Per Hour wind in philadelphia right now, that is enough to g
Exactly what it is the president signed last night and how exactly its going to work. Its pretty complicated. Well break down what was included in what the president signed last night. The first part has to do with Unemployment Benefits that are extended now to 400 level down from that 600 that had been provided through federal unemployment ben if i waefits de coronavirus pandemic. The president also moving to defer payroll taxes through the end of the year to extend the moratorium on evictions from people facing the loss of their homes as well as deferring student loan payments and forgiving interest on those student loans. With several of these items, there are some real nagging questions that have to be answered. Particularly when you look at that Unemployment Insurance that the president is saying he wants to extend. One of the things the administration is doing is they are saying, for that 400, they want states to pick up the tab for a quarter of that 400. Basically, washington wo
Blindsided and on the defensive, russia has responded by striking power plants plunging much of the north east of the country into darkness. Were asking ukraines battle field gates put in under pressure. Hello and welcome to to the point. It is a pleasure to agree to our guests vendor leaner funded brideau is european that business and finance correspondent for the economist magazine. Your glow is Foreign Affairs correspondent at the german weekly did fight. And its very great pleasure to welcome my colleague vladimir as he passed back. He works with dw is russian language desk. And vladimir, the ukrainian offensive seems to have caught the Russian Forces and leadership entirely off guard is that is, that should be that case. If the russians were took off guard, indeed, but i would not talk about it like a turning point of disorder goes a 3rd to say, but its huge. Successfully green, an army. Huge, been very important signal for the ukrainian politics and for the cranium population mil