the annual rate at which prices have been going up. inflation peaked at more than 10% last year, forcing the bank to raise interest rates aggressively to try and bring it under control. but it has since fallen sharply. and on wednesday, official figures showed it was down to 3.9% in november, the lowest rate in 2 years, and far lower than expected. that s raised hopes the bank of england will be soon able to start cutting the cost of borrowing, easing pressure on businesses and households. here s our economics editor, faisal islam. arp and now sharply down. over the past year, inflation in britain seemed like a runaway train. but it s now coming into land faster than expected. here and beyond. it has been a hard year or two for her with hundreds closing and some say prices are now stabilising. inflation is definitely killing us. the rise has gone up 15%. and behind you? us. the rise has gone up 1596. and behind you? up-and-down, i remember and behind you? up-and-down, i re
The tenth time in the last 11 seasons. University of iowa beat the pants off of western michigan. And the pants were off of one of the cheerleaders. His drawers dropping down while doing flips. But he still sticks the landing. Pulling his pants up as quickly as they fell down. His teammates absolutely loving it. That was the favorite of the day, pants down. Thats my favorite. Kour, thacoy, thank you so m. Hello everyone, given, thank you for joining me, im fredricka whitfield. Theres a new round of talks between striking autoworkers and representatives from two of the big three autoworkers. The strike is entering its third full day. Todays talking expected to be with ford and General Motors. The uaw said it had reasonably productive talks when it met with ford yesterday. For the first time ever, workers are striking at plants from gm, ford and ststalantis. The carmakers say despite big profit in recent year, the raises they demands will drive them out of business, cnn areas Vanessa Yur
As well and europe moderately in the red as asia does retreat from the big gains yesterday. We have hit dow 16,000 and s p 1,800. But then those comments from carl icahn yesterday spoiled the party a bit. There could be an announcement this morning involving that 13 billion settlement between the department of justice and jpmorgan chase. If and when, well fill you in. More problems for tesla as the automaker is the subject of a formal government probe involving fires in the model s. The dow hit 16,000, the s p 1,800 yesterday. Both closed below those levels after carl icahn expressed concerns about current valuations, saying that stocks, in his words, could face a big drop. Jim, the story for retail in the Fourth Quarter is going to be price competition and margin pressure . I think companies mentioning price competition, best buy, contrast Urban Outfitters last night, contrast that with home depot and dicks where theyre not talking about that. I was talking with john donahoe yesterday
Conditi convention, even though shes a leader of the democratic party. Amid fallout from the emails revealed in the dnc leaks controversy this week. If youre not familiar with what im talking about, lets get an explanation from jeff. Lets start with exactly who its going to be taking her position as the Permanent Convention chair . Brian, congresswoman marsha fudge, shes a democrat of ohio, she has been selected by Party Leaders as the convention chair, she will be the one welcoming the delegates, she will be the one gaveling it in and out, the business section of the convention, she will be a visible role here, shes a strong supporter of the Clinton Campaign and this is all coming in response to an uproar over the reports of leaks from the Democratic National committee from staffers who were favoring the Clinton Campaign over the Bernie Sanders campaign. Now this was coming just as the peace accord was really being reached between the Clinton Campaign and the Sanders Campaign on the e
Chance form the Democratic Party. And as the protests continue and another woman speaks out, new reporting that fox news is finally turning on bill oreilly. Caution. When all in starts right now. Good evening from new york. Im chris hayes. Everything is happening tonight, it seems. An incredibly busy night of news. The polls are now closed in the special election that is the first real test case to see how powerful the resistance to donald trump can be. We will be going to georgia and bringing you the results as we get them. But first tonight the white house is attempting to contain a budding conflict of interest controversy of the first order. At first glance, it made no sense. Why would President Trump place a phone call to turkish president recep erdogan to congratulate erdogan for winning a heavily disputed referendum that will greatly expand his power while, many experts say, effectively putting an end to democracy in turkey . America, after all, likes to think of itself as a defe