so mortgage costs rise, too, and there s a return of the 100% house loan. recession s probably off the table, but making ends meet is tough. people come in and sometimes they mention they ve only got so much to spend so, you know, you try and give them the best deal you can. so we have one big question this morning. will it be hard for the country to make a living for years to come? sky high gas and electriticy prices are part of the problem the energy secretary, grant shapps, is here. what would labour do differently? johnny reynolds shadow business secretaryjoins us too. and maybe the economy will be turned upside down by robots anyway tech boss emad mostaque has stopped by. i think this will be a bigger economic impact than the pandemic. it s up to us to decide the direction. and food prices are part of the pressure. the boss of world food programme cindy mccain on why it s a much bigger problem than at our checkouts. we are asking everybody to please support us be
inflation? there are different ways to look at this. so for americans it means the hiring continues, 263,000 jobs and it was pretty broad-based hiring, but when you look at the trend, poppy, it is the slowest pace of hiring since about april 2021, it matches april 2021. so when you look at that nice bar chart you can see slowing jobs growth and that s exactly what the fed is looking for. it s been raising interest rates now for six months and it actually takes about six months for monetary policy to effect these kind of economic statistics. back in march raised interest rates 25 basis points, now this is where we are in september. but the jobless rate fell back to near that 50-year low of 3.5%. that s near full employment and we ve seen from other statistics people who want a job have a couple of jobs to choose from really in this economy here. so 3.5% still low across the board hiring. leisure and hospitality 83,000, health care 60,000. now you are back to pre-pandemic lev
a major climate package on the verge of clearing the senate. the biggest investment in fighting climate change ever. what it could mean for lowering some prescription drug prices. republicans blasting the bill, accusing the democrats of ramming through billions in tax hikes and reckless spending. we re live on capitol hill. the new abortion ban in indiana. the first state in the nation to enact a new law of this kind since the supreme court overturned roe v. wade. the near total ban on abortion services does have some exceptions. reaction pouring in from both sides of the issue. the investigation into a fiery crash in l.a. a representative for anne heche confirms the actor was behind the wheel. tonight, in stable condition, what we re learning. overseas, massive explosions sparking renewed fears of a major escalation in the middle east as fighting between israel and islamic jihad intensifies. the death toll climbing tonight. the devastating lightning strike sparking a