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Transcripts For BBCNEWS The Papers 20240711

Hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. With me are the chief business commentatorfor the independent, james moore and the comment features editor at city am, rachel cunliffe. Tomorrows front pages, starting with. Weve starting with. Got weve starting with. Got a developing story once again weve got a developing story once again tonight. Lets bring you up to date with the papers we do have. According to the Daily Telegraph Dominic Cummings is at the beginning of the end of his time in downing street after he and a close ally lost a bitter power struggle. The guardian says conservative mps are warning borisjohnson has one final chance to overhaul a dysfunctional downing street operation, after bitter in fighting triggered the sudden departure of one of his closest aides. While the times predicts Boris Johnson is planning to reset his premiership after the resignation of his director of communications, by ending culture wars, promoting the

Transcripts For BLOOMBERG Bloomberg Surveillance 20240711

Francine i agree. The sports angle is extremely significant, and i hear more people say what does it mean for the future . If you have so much power and are able to bring so much pleasure to so many people, that seems to be the future of where this is headed, unless we get a vaccine. I was looking forward to seeing about inflation and if the Central Banks are right in saying we shouldnt believe all the hype, or if we get a vaccine, even if it is quick, it will be a cureall. One of the things we will explore further in this hour. Tom election 2020 is still ongoing. And somehow weekend stagger through the holiday season. You wonder what the news flow will be about 8 00 p. M. Tonight within the United States of america. In new york city with our first word news, here is karina mitchell. rejecting President Trumps claims of widespread voter fraud. They say last weeks election was the most secure in American History and there is no evidence any Voting System deleted, lost votes, changed vot

Transcripts For BLOOMBERG Bloomberg Surveillance 20240712

A simulcast on bloomberg radio, bloomberg television. We welcome all of you in europe and the challenges there, and we will get to you in a moment, and all of you across this nation. It has been week after week at an 800,000 level, even up towards one million a month ago, and the news slow is simply extraordinary. Jon, you have been way out front on the distinction between the virus and pandemic on the continent of europe over to the united kingdom, and the difference with the United States. How urgent is it for mr. Macron, chancellor merkel, and Prime Minister johnson . Jonathan becoming more difficult, and the problem they are having is localizing the effort. Many people in parts of the country that are facing tougher restrictions are asking, what about everyone else . That is the story in the u. K. As london gets upgraded to a new tier and faces tougher restrictions. As we get deeper into the winter, it is not just about the caseload. I think they are much more keen to emphasize and

Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

65. 00 was the expected number. Remember that we have seen something of a bounceback, but not a complete bounceback in this data. In terms of how we think about this, are there more jobs becoming available . What type of jobs are becoming available for the mid people being laid off right now . How easy is it to recycle this labor market . Alix not to mention, how easy is it to quit your job and get a new one . At story, President Trump the white house after three days of covid19 treatment at walter reed hospital. In a video, he sought to play down the virus that has killed more than 200 and thousand americans. Pres. Trump dont let it dominate 210,000 americans. Pres. Trump dont let it dominate. Dont let it take over your lives. We are the greatest country in the world. We are going to be back out front. Alix despite the president s triumphant rhetoric, his doctor did warn he is not entirely out of the woods. Joining us is Bloomberg Health reporter Michelle Cortez. Onwing what the presi

Transcripts For FBC Making Money With Charles Payne 20240712

Moderately above 2 inflation, moderately is what it says in the statement but does not define exactly what moderately means. There are two centers to this action, Robert Kaplan wants to see the statement to the way it was pretty wants to statement to read the economy or stance will remain the same until the economy has weathered the storm and the economic storm we have here. Well cash on the other side dissented because he wants more dovish language in this. On implement rates, statistics are very interesting here. They have reduced now the planet rates rates and estimation of this year to 7. 6 by the end of 2020 grid that is down from 9. 3 from their june projection and then also 5. 5 from on a plummet rates in 2021, 4. 6 and 2022 and 4 in 2023. The real gdp prediction cut in half for the losses they are paired they are now saying its a loss of 3. 7 at the end of this year with a bounce back of 4 next year. The inflation, fed estimates that pce inflation is 1. 2 this year up from 1. 7

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