For the tech sector. Ai Chip Giant nvidia has been surging on reports that the us government is considering allowing it to export advanced semiconductors to Saudi Arabia itjumped some 8 in Wednesdays Session pulling up the rest of big tech. Melissa 0tto is from S P global visible alpha where she heads up their technology research team. Just had us Producer Price Index data a little hotter than expected. That coupled with a little hotter consumer Price Index data yesterday. Does it change anything for when the fed meets next week . Are markets too optimistic about the pace of further Rate Cuts . Thank you, great to connect with you today. 0verall, thank you, great to connect with you today. Overall, the economic data that we saw Yesterday And Today was broadly in line with expectations. Based on S And P intelligence submitted for the September Rate cut of 25 basiS Points, what we have been seeing and driving some of the volatility in the market is there was some rhetoric over the past f
A packed crowd took in the latest Iphone Launch at Apple Headquarters in a helicopter california. They were all here to see this. Ceo Tim Cook says the Iphone 16 is the first to be built from the ground up for artificial intelligence. The software is integrated into host of applications across the iphone. Take this Photo Editor allowing you to remove people from the background and this tool which helps rewrite your E Mails. There is an upgrade to The Voice assistant, which can now take written commands and is said to work better with natural spoken language. For now Apple Intelligence features will not be available in the eu as executives find themselves in the middle of a dustup with regulators over the digital markets act. The features will, however, be available in the uk. That is when they are released. The Test Version will start with the roll out in the us next month with more coming of the year. When it becomes available analysts say they are keen to use ai available analysts sa
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
French authorities say at least 12 people, including a pregnant woman, have died after a Boat Carrying Dozens of migrants capsized in the english channel. Around 50 people were rescued in an operation involving boats and helicopters. The french coastguard says the boat got into difficulty off Gris Nez at around 6am local time, and everyone on board ended up in the water. An emergency medical Care Centre was set up at Boulogne Sur Mer. The latest Uk Government figures show the number of people crossing the channel in small boats so far this year is 21,403. Thats more than in the same period last year, but fewer than 2022. But in the first six months of 2024, theres been an 18 rise in the number of arrivals, on 2023, and its now clear more migrants are getting onto each boat. An average of 51, with the vast majority, being young men. From Boulogne Sur Mer in northern france, heres andrew harding. French Rescue Helicopters busy once again today, bringing casualties from the sea to the sho
Second, and Di Minaur has broken back and leads 5 4. So, Di Minaur looks like hes going to level the Di Minaur looks like hes going to level the coral Di Minaur looks like hes going to level the coral about Di Minaur looks like hes going to level the coral about quarterfinal. Karolina muchova has made it through to the Semi Finals in the womens draw. The czech took the first set 6 1 against the brazilian beatriz haddad maia, but had to deal with illness throughout the second set, having to take a number of bathroom breaks. She said she didnt want to go into too many details. Lets put it lightly. Lightly. She still took the second 6 4 to reach the last four in New York for the second year running. NatIons League Matches are fast approaching for the home natIons. England have given their first News Conference since the players gathered at St Georges Park ahead of the matches against Republic Of Ireland In Dublin on saturday then finland at wembley next tuesday night. Theyll be lee carsle