Lays out her plans for the uk economy. We take a look at how they stack up. Take over or turn around . Rumours mount over the future of struggling Chip Maker Intel. And still there for us. Friends after all these years. How the Hit Show is doing after 30 years since monica, ross, rachel, chandler, Joey And Phoebe met in that new York Coffee bar and made a fortune. Welcome to business today. Im mark lobel. We start here in the uk where the chancellor, Rachel Reeves, has been laying out her plans for the economy ahead of the new governments first budget next month. The first ever female Uk Finance chief struck a positive tone. She is pledging a new era of stability after years of economic uncertainty. Saying his is a pro business, pro Worker Government that will deliver a New Industrial Strategy to unlock Growth And Draw in investment. Im joined by chief Uk Economist at pantheon macroeconomics, rob wood. Thanks forjoining us. What is your big takeaway from this speech ahead of next Month
New pressures are open and New Pressures are open and over. Us has made the decidedly low Energy Stud to the last Trading Day of the week after closing at new Record Highs on thursday. The dow settled against 40,000 points for the first time. They have overcome initial nerves about a big Interest Rate Cuts from the Federal Reserve after fed treasurer said the worlds biggest economy is in a good base despite slashing the cost of borrowing by a Jumbo Half a percentage point. So what is next . For more,. Lets bring in tim urbanowicz, head of Research And Investment strategy at Innovator Etfs in chicago. Welcome. Further, rest assured that rate cant, is reaching Record Highs but there are still high stock valuations, meaning that it is an extensive market. Click that limit further gains despite lower rates . , rates . This is probably their base rates . This is probably their Base Macbeth rates . This is probably their Base Macbeth case rates . This is probably their i Base Macbeth Case Sc
Mercedes we were just talking about our homeschooling experiences. The kids just finished school. That was quite a test through this pandemic. Rep. Scalise families have pulled together and have had to do challenging things. With the economy shut down, you have a lot of turmoil. In the midst of all this, parents are having to homeschool their kids. We had interesting times. I relearned all those math formulas like area of a circle. It still works. We had a good time with the kids and the kids were good about it. Mercedes i think these kids are ready to go back to school. I dont know about you. Rep. Scalise we need to open school is again in the fall. Mercedes parents definitely want the schools back open, thats for sure. Lets get started. I know it has been such a busy week. This past week we have seen a split screen unfolding across america. On the one hand, thousands of Peaceful Protesters on the street. On the other hand, violent nurse, writers, and antifa hijacked the noble cause o
25 percent a few times a month. Keep it at 6. Reporter regional leaders say toll payers may not like it now, but theyll like it later promising less traffic on bay area bridges and freeways. They say the money would go to improve Public Transportation like bart, buses, and the ferry system. The money would also fix choke points on some busy highways. They say everybody wins. I think its fair overall. Its the democratic system we have. Reporter this assemblyman represents parts of Alameda County, ask help compares it to and he compares it to renters voting to raise property taxes. Its an approach thats worked and its in our tool box that we need to help address regional congestion. Reporter a bunch of voters are calling it basically a taxed, and they say why not have a tax on everyone to make it fair . But legislators say that would be difficult to pass, but this measure is easier to pass when people dont have to pay for it. Da lin, kpix 5. New at 6 00a i suspect has been arrested, accu
No word yet on their conditions or exactly what lead to that crash. We plan to have a live report coming up in our next half hour. People all over the world, of course, celebrating Christmas Holiday this morning, pope francis delivered his holiday message at the vatican. President trump spending his first christmas in office at his estate in florida. John lawrence shows us how the first family and others are marking this holiday. Christmas celebrations you are under way around the world from bethlehem, to the vatican where pope francis held midnight mass. The Christmas Spirit is live and i cant well in the united states. President and mrs. Trump spent part of sunday tracking sunday on norad and talking to kid bus what they hope to find underneath the christmas tree. What would you like to find more than anything else . What . Good Building Blocks that is what i always like, too. Now they make them better. Mr. Trump also sent seasons greetings to Service Members deployed abroad. I wante