of 3.3% in the last three months of 2023 much stronger than expected. that s raised hopes that the us federal reserve might have achieved a soft landing getting inflation under control by raising borrowing costs without crashing the economy. the strong economic numbers helped stoke an ongoing rally on us stock markets. both the dowjones industrial average and s&p 500 closed at new record highs on thursday. and traders weren t the only ones celebrating. the gdp figures have been seized upon by president biden, who is battling for re election. he s been suffering poor approval ratings for his handling of the economy, as american households feel the impact of higher prices on their finances. from new york, here s michelle fleury. for an economy many said was headed for recession, the us continues to defy expectations. in the final three months of last year, the american economy grew faster than expected, expanding at an annual rate of 3.3% while inflation fell. growth for th
thunderstorms expected at edgbaston. talking thunderstorms, some of you had a talking thunderstorms, some of you had a pretty disturbing night last night, had a pretty disturbing night last night, lightning and thunder across parts night, lightning and thunder across parts of night, lightning and thunder across parts of the uk and more severe storms parts of the uk and more severe storms to parts of the uk and more severe storms to come today. i will have your storms to come today. i will have your full forecast here on breakfast. it s sunday the 18th ofjune. our main story: a video has emerged showing some conservative party workers drinking and dancing at a christmas party during covid lockdown. the footage, published by the sunday mirror, was taken at the conservatives headquarters in westminster in december 2020, when london was in tier 2 restrictions. our political correspondent iain watson has more. some conservatives will not want to look in the mirror toda
a very warm welcome to talking business weekly with me, aaron hazelhurst. let s go take a look at what s on the show. the big china challenge. a year since the covid 19lockdowns. as the biggest economy back to full health. ongoing trade tensions with the us are some of the problems government is trying to tackle. this leading china economist will explain how the government needs to balance ambitions of the changing demand of a radically different younger generation if it wants the country to thrive. plus this former head of the international monetary fund china division tells me how beijing struggles are affecting all of us around the world. and keeping the internet free and fair. the big boss of web browser firefox tells me how her foundation is trying to compete with the deep pocketed rivals like google and apple and still have an influence. wherever you arejoining me from around the world warm welcome. china, s second biggest economy a trouser united states and is more th