Listen to kamala harris. Done before, which is to provide a Tax Cut for billionaires and big corporations which will result in 5 Trillion to americas deficit. Donald trump talked up his economic legacy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has recently been speaking about increasing tariffs on international goods. Lets have a listen. We are doing tariffs on other countries. Other countries after 75 years will pay us back after 75 years will pay us back after all we have done for The World. The tariff will be substantial in some cases. I took in the billions and billions of dollars from china. In fact, then never took the tariff of because it was so much money. We have had a terrible economy because inflation, which is known as a country buster, it breaks up countries, we have inflation like a very few people have ever seen before, public the worst in our nations history. To get both persepectives, Business Today spoke to greg swenson, chairman of Re
Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll more like 25 Basis Points cut . Was the fed behind the curve . Well, i think 50 points is off the table, personally, and i may be in the minority in which 25 is off the table. I think its a bit too soon to raise the mission accomplish
In the last few minutes, theyve come Face To face again after that debate Last Night. Pictured standing in line and shaking hands at a memorial in New York to mark 23 years since the 9 11 attacks. As you can see, they were joined the 9 11 attacks. As you can see, They Werejoined by president Joe Biden and the republican Vice President nomineejd vance. I think Michael Bloomberg also standing there between Biden And Mr trump. And we arejust there between Biden And Mr trump. And we are just seeing pictures from The Pentagon and New York and ground zero, where families have been gathering to read out the names and to remember those who lost their lives and were affected in the 9 11 attacks 23 years ago. Brian eugene built her. Mark bingham Brian Eugene built her. Mark bingham. Carl Brian Eugene built her. Mark bingham. Carl vincent. Brian eugene built her. Mark bingham. Carl vincent. And. Brian eugene built her. Mark. Bingham. Carl vincent. And my brother joseph bingham. Carl vincent. And
Later this month. Lets show you the details. Figures from the us Labor Department Show prices rose at an annual rate of 2. 5 percent in august. Down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a more aggressive 3. 2 percent. Our North America Business correspondent Ritika Gupta is in new york. A cut by the fed has been all but promised by them already at their meeting next week. I guess the only outstanding question is by how much. Indeed, as you mentioned in your introduction overall this was a solid report on information monitoring. Annually at 2. 5 , that is the lowest in three years and that is why you will see the White House touting this as it went for the current administration and for the Election Campaign for Vice President kamala harris, and makes it must certain the federal reserve will cut Interest Rates when it meets next week, but for the markets it is a different story and you see th
From the last ball, from which Alana Dalzell struck the winning boundary. Miami dolphins wide Receiver Tyreek Hill says he could have handled himself better in the initial moments of a Traffic Stop on sunday that led to him being handcuffed and pulled out of his car by Police Officers near the teams stadium. Hill says he wishes he did some things differently, including leaving the window of his car down when officers instructed him to do so. He instead rolled the window up. The incident escalated quickly from there. However, hill also says he wants one of the officers involved in the incident dismissed from the police force. I could have been better. You know, i could have let down my window, you know, in that instance. But the thing about me is i dont want attention, i dont want to be, like, cameras out, phones on you in that moment. But at The End of the day, you know, im human. I got to follow rules, ive got to, you know, do what, you know, everyone else would do, you no . So, now,