Lets start in the us where its been a tumultuous week on the markets following the publication of a series of reports on the state of the Labour Market. On thursday, one of the latest of these reports showed private employers in the us posting their smallest monthly hiring growth since january 2021, with just under 100,000 new positions. On wednesday, government data showed Job Openings dropped to a 3. 5 year low injuly with 7. 67 million vacancies. And later today, all eyes will be on the Monthlyjobs Survey of employers and households. Last month, the Labor Department reported the Unemployment Rate had hit 4. 3 injuly up from 3. 5 a year earlier. This report is one of the most important gauges of the state of The Worlds largest economy and it is coming at a critical time with the president ial campaign under way. So what might be in store . Joining me now is kyle handley, associate professor of economics at the university of california san diego. Every so much apprehension, you just h
If a proposal recognises its stand alone intrinsic value. In other news donald trump has been laying out his economic plans should he become president. Trump repeated calls to cut taxes and regulation and is earmarking a governmentjob for controversial billionaire elon musk. Here is ritika gupta with the latest. The main highlight of donald trump s address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. This would be a big reduction from the current rate of 21%. A key policy victory from trump s own 2017 tax law set to expire in 2025. Now, while a 15% corporate rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37%. His proposal is in stark contrast to his rival, kamala harris, who has called to raise the corporation tax to 28%. Trump s proposals also include a
visibility from buying more stock and selling stocks. Many everyday investors now are bowing to hold the line and keep sending the message to the hedge funds of wall street and those they see us trying to rig the system. And coming up, we will have a lot of reaction, get analysis, lou dobbs, dan bongino tonight, but first, its after 9 00 p. M. And our nations capital, and that probably means that joe biden is likely fast asleep. Its been an exhausting few days for joe. He signed a record 40 Executive Orders and actions into law after just nine days in office. In other words, he has tripled the amount of Executive Orders signed by trump, obama, and bush combined at this point in their presidencies. Now, instead of the unity that was promised, joe is literally acting unilaterally to enact every aspect of his radical socialist agenda, and he is doing it all with the stroke of a pen and its consequences are severe. It is so bad, even the New York Times Editorial Board ever so gently and ev
Platforms restricted customers ability from buying more stock and selling stocks. Many everyday investors now aree bowing to hold the line and keep sending the message to the hedge funds of wall street and those they see us trying to rig the system. And coming up, we will have a lot of reaction, get analysis, lou dobbs, dan bongino tonight, but first, its after 9 00 p. M. And our nations capital, and that probably means thatt joe biden is likely fast asleep. Its been an exhausting few days for joe. He signed a record 40 Executive Orders and actions into law after just nine days in office. In d other words, he has tripled thee amount of Executive Orders signed by trump, obama, and bush combined at this point in their presidencies. Now, instead of the unity that was promised, joe is literally acting unilaterally to enact every aspect of his radical socialist agenda, and he is doing it all with the stroke of a pen, and its consequences are severe. It is so bad, even the New York Times Edi
And a large part of that has been driven by growth in the manufacturing and the construction space. Some of the numbers do offer a lot of question marks because if you look at agriculture, if you look at industries, you know, our core sector data is from steel, cement, all of them have actually shrunk. Consumption, in fact, has also been weak too, almost for the nine months it grew by only 5 . And thats why there was there has been a lot of question mark, but a large bit of this has been pushed by the Government Spending in the construction space. You know, Building Infrastructure around the country and some bit of private capital and private investments also seem to be flowing in to the economy right now. And that has pushed the growth to this level right before the national elections, where Prime Minister Narendra Modi is seeking a third term in power. Narendra modi. And this is the premise, the high growth rate where india has become somewhere an alternative to china for most compan