Bit, you have to take a stance. And my Technical Work is in maximum analysis of the social policy, and you have to take a stance of what the right question of the analysis would be, and what the decision of the government criteria would be. And so as well as the subtleties. Let me understand that point. So there may be circumstances where the government thinks that sitit is the National Interests to respond to uncertainty by taking the action now, but there may be other circumstances where where you come to the different conclusion . Well, i have a paper that came out this this past year in the economic journal on the Infrastructure Spending. And the big uncertainty is the productivity of spending, and what implication of tax policy. And then i crank out, because i am a technical e cop mist, i crank out the solutions to the problem for the government and i see that i can support higher or lowerr Infrastructure Spending based on what the decision criteria the government is going to p be
Bond offering. Cheryl you might think of a reliable nofrills hotel but that is about to change, the dairy addition targeted to the millennial traveler. Adam where Apple Technology that can scan printed text and hopefully help bankers read properly. We will hear from the creators. Cheryl it will operate the prompter better i am sure. Adam bigname Companies Reporting quarterly reports, sandra smith with a wrap up. To a big winners . Sandra we have been watching this. Came out with earnings before the opening bell. A un interday chart to show you the stock continues to build on earlier gains, up nearly 7 on the a share. And the news wasnt great for target. They reported their expenses tied to the data breach were on the Holiday Shopping season, totaled 61 million that actually saying those expenses make into future profits. The profits did fall by nearly half for target so the company reacting positively to does to the news that it wasnt worse than a profit drop they had been forecasting
In sydney. Im Annabelle Droulers in hong kong. I am kathleen hays. Conscious sentiment as traders recalibrate rate hike expectations. All major u. S. Indices had their worst months since june. The cleveland fed president makes it clear she does not expect the central bank to cut rates next year. She says they need to be above 4 . Australia holds a economic summit in canberra. Now, august is ending with a whimper rather than a bang. The likelihood of a fed visit pivot is embraced after the jackson hole speech. Jack josh jay powell gave a very hawkish message. Look at the futures. A little rebound here. Not surprising. It was not such a big move, just the totality of all major indices having the worst month since june. The s p down more than 4 in august. Every major asset class fell in august. New york crude is now down about . 71. 88. 84. For the month we had a drop of more than 9 in august. That was the biggest monthly drop since 2020, the start of the pandemic. People are worried abou
And Billy Crystal joins us for his first interview since the death of his dear friend Robin Williams. Tuesday, september 16th, 2014. Announcer from nbc news, this is today with matt lauer and savannah guthrie. Live from studio 1a. Good morning. Welcome to today on a news morning. Im matt lawyer. Savannah remains on Maternity Leave and this is the highlight of my day. That really is. I took great care color on you. We have been having fun. Why dont you do this. It looks very nice. Its good to have you back for day two. Nice to be here. Savannah will be back soon. You really having that much fun . Let us turn to the top story this morning. A serious story out on the west coast. A destructive wildfire. Its just one of a dozen major fires now burning across the state. Nbc is there with the latest. Good morning to you. Reporter good morning to you. This was once the entrance to a hits rick and notable church in in community where once the bowl fire ripped across this area. It literally chan
Morning a lot cooler than we saw yesterday. Yesterday we started off in the 50s and 60s. This morning were back down to the 40s and 50s. 41 in mt. Poco, 49 allentown, 51 in doylestown and 53 in bluebell, 54 waking up in wilmington, 49 in wrights town. Closer to the shore, were at 52 degrees at the Atlantic City airport. A bit warmer near the water at 60 degrees in avalon. Again, as we head into the rest of today, we will see temperatures staying in the low 70s, which is below average for us. Ill go over all the details on that, plus how long well stay dry, all coming up in my first alert sevenday forecast. For now, christine has a look at traffic. Good morning, happy wednesday. Its a quiet morning, meaning not a lot of volume on the roads, so good news for drivers out there, like these folks on the ben franklin bridge. If you take a closer look at the ben franklin bridge, you see flashing lights. Thats a construction crew taking out the two right lanes, but its not causing any major pr