Robots were shot to survive such an explosive crash. Im kyra jets and welcome to the show. So they are of to cry and rebel forces says hes still fighting one day after ethiopia declared a victory in the province to brets and government. All told reuters news agency, his forces are operating near the regional capital mackay. But ethiopia says it has captured the open government forces, say they have seized control of key installations including the airport and that they are now are trying to track down any last holdouts with the fate of civilians remains a concern. Meanwhile, the red cross as mckayla is struggling with the shortages of food and medical supplies. For more we can now go through, i disobey the end of the ethiopian at minister in charge of democratization is a take a prayer. And i welcome minister. Lets talk about the Current Situation in the country. If as Prime Minister ill be off met has said the fighting is over. But to brian forces, claiming thats not yet finished, is
Even how many hamburgers you can eat. They want to defund the police and take away Second Amendment rights. They want Free Health Care for illegal immigrants. Yet they offer no protection for unborn americans. They want to pack the Supreme Court with liberals. Thiswant to codify all of by making the swamp itself, washington, d. C. Americas 51st state. With two more liberal senators, we cannot undo the damage they have done. Democratsderstand why spent an entire week telling us about who joe biden is, not what he intends to do. I am immensely proud of the work the Republican Senate has done. We are the firewall against nest Nancy Pelosis agenda. We will not be bullied by a liberal media intent on destroying americas institutions. We will stand our post on behalf of millions of americans whose stories are told in americas newspapers whose struggles are just as real. We will continue to support American Families as we defeat the coronavirus and return our economy to the envy of the world.
You might say better late than never. Adam that is exactly what i would say. Better late than never but also powell and Richard Clara for the process. There is a reality going back to well before the Global Financial crisis that the phillips curve has been flat. This is a fancy way of saying you can have deviations in inflation deviations in employment to the upside and you do not get that much inflation for it. Then you combine that with the reality we have seen in japan for a long time and in the u. S. And europe for the last 12 to 15 years that when youre too close to zero on your Interest Rate balance, you cannot react as well as you should to policy and adjust policy. Fomc powell and the they unanimously adopted the statement before he spoke what jay powell and the fomc are saying is they are catching up with reality. And jay powell was framing this as we have to be realistic and pragmatic. This is how the economy has changed in our process must reflect the way the economy has cha
When you get Companies Like jp morgan, wells fargo up 2 , 3 . I pose this question back to liz ann sonders. Talk to me about the health of the consumer. I know that they dont like the extra low rates. , auto loans,s credit card rates at zero, to the banks then get some hope that they could lend to what is a healthy consumer . Liz ann they can still land. The question is the sustainability of the health of the consumer. There were great fears that we inld see a big rolling over consumption. The is probably because of savings cushion. That was maybe not quite accurate given what happened with the complete shutdown in the economy. 19 or so per that has been nearterm. I think that is on the assumption we get a phase four fiscal plan. The concern, during the period receivingloyed were the spending was significantly more in relative terms than the spending of the employed cohort. The move down in savings i dont think lasts in patootie, especially if we dont see improvement on the job games f
Bloomberg television, starting at 9 00 p. M. Eastern. Along the gulf of mexico, the texaslouisiana border is reeling after hurricane laura unleashed a wide swath of destruction, with winds reaching 150 miles an hour after coming ashore. It is now churning over louisiana. It could lead to more than 15 billion in insured losses. One of the top talkers on wall street, meantime, news of wall street joining microsoft to make a joint bid for the social media sensation tiktok. Now aligned with oracle. For more, i want to get to scarlet fu in new york. A lot tied to these remarks from the fed. There was a lot of gyration in jay powells remarks. In the case of equities, the fed moved it higher. The dollar moving higher. Bonds falling. In no rush bank is to raise interest rates. It will let the job market run hotter and inflation run higher, potentially overshooting the 2 target, before taking any kind of action. In the end, we saw financials get a boost. They benefit from a higher yield and a s