Your money, your life, your future we begin with 2018 rith around the corner, what could it future hold . First, on where the economy may go next. A look ahead is this weeks cover story. 2018 could be a year of big change for monetary and fiscal policy heres what could happen first, growth in the u. S. Could average as much as 3 mer as the u. S. Gets a left from overseas growth and stimulus from a tax bill that will be an improvement from the last several years it question is whether it gains with last or if theyre just onetime events. And the u. S. Budget deficit will need more growth to pay the tax cut bill bigger deficits could raise Interest Rates and the fed is likely to hike Interest Rates three times as the new chair but if growth really takes off, ta could consider a fourth hike. 2017 saw a big slow down in the housing market, not in prize but home sales because there was nothing to buy 2018 will fought be much better. Sales slow more. Sales could become even more sluggish as t
But we begin with Steve Liesman. Reporter heres what could happen. First, growth in the u. S. Could average 2 1 2 to maybe as much as 3 as the u. S. Gets a lift from overseas gross, better domestic demand, and stimulus bill. The question is whether those gains can last or if theyre just onetime events. Second, the u. S. Budget deficit is likely to r and well need better growth to pay the tax cut bill. The tenyear yield nears 3 . Finally, the fed is likely to hike Interest Rates three times as new chairman Jerome Powell takes the he steers a course along the lines of predecessor janet yellen. Of the fed could consider a fourth hike if the economy really takes off. Im Steve Liesman for nightly busi ipos and women in leadership. Three predictions for 2018. First, get ready for a much stronger ipo market. 2016 was a terrible year. 2017 was better. 2018 will be much better. Big names will likely go public including Sandwich Shop pret a manger. Finally theres a shot that saudi oil gian aramc
Stake. The head of our board has decided not to renew that agreement. Standard Life Aberdeen sees red after a 100 billion pound contract is ditched. And the end of the road for jacob zuma the South African outgoing president resigns ahead of a nonconfidence vote saying the anc should to the have forced him out this way make no mistake, no leader should stay beyond the time determined by the people they serve. Good morning airbus shares have taken flight to the top of the stoxx 600 after the Aerospace Giant reported a rise in fullyear operating profit and issued a bullish forecast for 2018. There was, however, a fresh 1. 3 billion euro charge related to its a400m military plane airbus raised its dividend also. Shares in nestle are heading the other direction as earnings disappoint investors shares hit a ten month low as the Company Announced a dividend below expectations lets look at some issues that those numbers have revealed. If we look, we can see the bottom line was mainly hit from
Two men are still being questioned by police. Hurricane maria has strengthened to a major category three hurricane as it heads towards the Leeward Islands in the caribbean. Also in the next hour around the world in 79 days. British cyclist Mark Beaumont smashes the world record after circumnavigating the globe by bike quicker than jules vernes famous hero the handmaid stale the handmaid s tale and the enemies are dominated by the handmaid stale and Big Little Lies as the stars come out for tvs biggest night. Good evening and welcome to bbc news. The boss of ryanair has said hes sorry for messing up, after the Budget Airline announced it was cancelling more than 2,000 flights over the next six weeks. Michael 0leary blamed problems allocating leave for his pilots. Compensation and other costs could leave ryanair with a bill of more than £20 million. His apology comes after growing anger from passengers some of whom have been left stranded abroad. 0ur transport correspondent Richard West
Programme there was little point in voting. Does the very thing that was irresponsible . No. As a matter of fa ct, irresponsible . No. As a matter of fact, in my more optimistic moments, i hope that it may have in some small way have contributed to what we have subsequently seen, the labour party electing a leader that is engaged and engaging, authentic and truthful. Good evening. What made the home office go against the court of the land . Tonight, we explore the story ofa land . Tonight, we explore the story of a refugee who entered the country illegally four years ago. He said he was fleeing afghanistan for his life. Earlier this month, as the fat removal, the court agreed there was a chance he could still be in danger. The government apparently ignored an order to take off a plane to kabul and sent him there anyway. He said the taliban had threatened to be heard him. Now, his lawyer is bringing a case of contempt of court against the home herself. At the centre of this case lie to