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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240926

Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look at the taxes being collected state and local site, so the Upside Surprise we have seen from the state and local Government Spending is also going to be softened moving forward. Put it all together, it is the consumers that are go

Transcripts For BBCNEWS BBC News Now 20240926

North of beirut, where again, an israeli strike this morning has targeted, we are told, a senior Hezbollah Commander in the north of the country. We had seen pictures of members of the north Lebanese Red Cross searching through the rubble for survivors from the early morning attack. We saw this morning attack. We saw this morning in the early hourS People in Tel Aviv waking up to the news that hezbollah had targeted israels biggest most populous city with a Ballistic Missile. It is the first time that one of those really scaled up that one of those really scaled up weapons has been used in this conflict. It has clearly been used to send a message by hezbollah that even after several days of fierce israeli strikes, hezbollah wants to show it still has the capacity to strike back inside israel. Just want to show you this footage from the event earlier in the day. You can clearly see and hear the sound of the Air Raid sirens in this footage, which shows the missile just after it was inter

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