One of lifes most underappreciated talents is to know when its time to move on to lifes next chapter. So i stand before you today, mr president and my colleagues, to say this will be my last term as republican leader of the senate. For more on mitch mcconnell s stepping down and the spending deal, heres our North America correspondent gary odonoghue. After repeated attempts to get a spending agreement, it does look like leadership in congress from both sides have at least reached a partial agreement on some other Spending Bills that they have been arguing about. It looks now in the next couple of days that resolutions were put through senate and the House Of Representatives to extend one of the deadlines until next friday, by which time they will pass Spending Bills on six separate departments. Now, they havent reached an agreement on the other six departments, but they are going to push the deadline for that back until march 22. So in some ways, this is progress being made and in some
Down about 118 points, nasdaq opening down about 117 points. S p 500 off by 16 points right now. Take a look at treasury yields. The 10year at. 93. The 2year at 2. 863. And crypto prices. Weve been talking about crypto quite a bit these days. Up about 4 this morning. Its crazy. And take a look at ether etf. Thats surging too meantime apple is canceling its electric vehicle product. That thats accordinging to those that know. Many employees will be shifted to the Artificial Intelligence division. Apples ceo apple and ceo tim cook have never acknowledged the electric car publicly but referred to working on e autonomous systems. Theyve never been open about this but are now scrapping it. People are looking at it as a major failure. I dont look at it that way. I think what was happening is there was an internal battle inside apple whether to even go this route and i think tim cook was always on the fence. You mean a failure for evs, not just apple. I think the failure of evs right now has
Of the Biggest Companies in the world, owned by asias richest man, Mukesh Ambani mix it mixing that with the huge presence that disney has, there, means it is a huge disrupter for that sector, and itll probably be subject to Regulatory Approval because of that. Lets turn to the us, where its economy grew at an annual pace of 3. 2 from october through december. That figure is less than the commerce departments initial estimate. But Consumer Spending grew by 3 in the same period. Also, strong exports also contributed to Fourth Quarter growth. From the worlds biggest economy to the worlds Fastest Growing economy indias latest gdp figures are due out later today. The south asian country experienced an impressive first half of 2023. But then, its growth is expected to have slowed down in the last three months. The bbc S Archana Shukla explains. After an impressive first half of the year, Economic Growth is expected to slow down in the october to december quarter. What is taking it down is a
Peter bowes has moran if this came as a surprise. Has more. I think it was inevitable that this would end up in the Supreme Court. Donald trumps claims averted been rejected by a lower court and he claims he is immune to this kind of criminal prosecution because he was president at the time. This relates to the allegations that he tried to overturn the result of the 2020 election and mr trump faces multiple charges including one that he conspired to defraud the come of this was a trial does do to start very soon next month and it is been delayed and it is now on hold reading from the Supreme Court that they intend to hear arguments in april, the third week of april and a decision expected at some point injune and we know now that this trial, if indeed it goes ahead, it will not be happening until at leastjuly and were getting into Political Convention season in the election is looming in november and one of donald trump tactics has always been to try to delay these Legal Proceedings ag
One of lifes most underappreciated talents is to know when its time to move on to lives next chapter. So i stand before you today, was a president , and my colleagues, to say this will be my last term as republican leader of the senate. For more on both mcconnell s stepping down and the spending deal, heres our north america correspondent, gary odonoghue. After repeated attempts to get a spending agreement, it does look like leadership in congress from both sides of at least reached a partial agreement on some other Spending Bills that they have been arguing about. It looks now in the next couple of days that resolutions were put through senate and the House Of Representatives to extend one of the deadlines until next friday by which time they will pass Spending Bills on six separate departments. They havent reached an agreement on the other six departments but they are going to push the deadline for that back until march 22 so in some ways, this is progress being made and in some ways