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Transcripts For BBCNEWS Business Today 20240912

Listen to kamala harris. Done before, which is to provide a Tax Cut for billionaires and big corporations which will result in 5 Trillion to americas deficit. Donald trump talked up his economic legacy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has recently been speaking about increasing tariffs on international goods. Lets have a listen. We are doing tariffs on other countries. Other countries after 75 years will pay us back after 75 years will pay us back after all we have done for The World. The tariff will be substantial in some cases. I took in the billions and billions of dollars from china. In fact, then never took the tariff of because it was so much money. We have had a terrible economy because inflation, which is known as a country buster, it breaks up countries, we have inflation like a very few people have ever seen before, public the worst in our nations history. To get both persepectives, Business Today spoke to greg swenson, chairman of Re

Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240912

Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll more like 25 Basis Points cut . Was the fed behind the curve . Well, i think 50 points is off the table, personally, and i may be in the minority in which 25 is off the table. I think its a bit too soon to raise the mission accomplish

Transcripts For BBCNEWS Business Today 20240912

Later this month. Lets show you the details. Figures from the us Labor Department Show prices rose at an annual rate of 2. 5 percent in august. Down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a more aggressive 3. 2 percent. Our North America Business correspondent Ritika Gupta is in new york. A cut by the fed has been all but promised by them already at their meeting next week. I guess the only outstanding question is by how much. Indeed, as you mentioned in your introduction overall this was a solid report on information monitoring. Annually at 2. 5 , that is the lowest in three years and that is why you will see the White House touting this as it went for the current administration and for the Election Campaign for Vice President kamala harris, and makes it must certain the federal reserve will cut Interest Rates when it meets next week, but for the markets it is a different story and you see th

Transcripts For FOXNEWS Jesse Watters Primetime 20240706

wilmington. that s five more documents found in his private library. that s on top of the other five classified documents already found stashed right next to his corvette. and the 10 documents found at the penn biden center, his chinese funded think tank. the more they keep digging, the more documents they find. now, joe may be telling everyone that these documents were safe, but back in washington, patience is running thin. i m glad that there is a special prosecutor that s been appointed you are glad that there is a special prosecutor. yes. classified documents are to be taken seriously. no one is above the law. so, i m glad to see the justice department doing its work. well, it s certainly embarrassing, right? it s not just democrats turning on joe. even the media is laughing at him. there is biden in his sweet 1967 stingray. look at the back left there. i don t know if we can push in there. that looks like a mess. that s worse than my garage. i mean, that

On This Gay Day | Performer and activist Josephine Baker was born

On This Gay Day | Performer and activist Josephine Baker was born
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