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Transcripts For BBCNEWS Business Today 20240926

Of retail is changing. Well hear from The Boss of ingka about what it means to go phy gital. Live from london this is Business Today, im sally bundock. We start in the united states, where Donald Trump haS Pledged the us would take other countries jobs if he returns to the white house. Hes laid out hiS Plans to slash taxes, lower Energy Costs and regulations for manufacturers that made goods on us soil. At a Campaign Rally in savannah, georgia, trump promised a Manufacturing Renaissance reiterating hiS Pledge to punish american companies that manufactured outside the us, and slap large tariffs on foreign made goods to protect us industries. Not only will we stop our Businesses from leaving for foreign land but under my leadership we are going to take other countries jobs. Leadership we are going to take other countriesjobs. Ever leadership we are going to take other countries jobs. Ever hear that expression before . That we are going to take other countries jobs, are going to take othe

Transcripts For BBCNEWS Business Today 20240925

After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl

Transcripts For BBCNEWS Business Today 20240925

After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl

Transcripts For BBCNEWS Business Today 20240925

The Usjustice Department sued americas largest card network, accusing the company of illegally monopolising the Debit Card Market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in Al Darling nvidias stock price. That was after the company said its ceo, jensen huang, was done Selling Stock in the Chip Maker for now. And Chinas Wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that Rate Cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the Usjustice Department has filed a lawsuit against visa. It says the worlds largest Payments Processor illegally stifled competition to maintain a monopoly over the american Debit Card Market, through means like paying off potential competitors. Visa says the claims

Transcripts For BBCNEWS Business Today 20240920

Progress. A signal we are entering a new phase of our economy and our recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate our economic outlook since the pandemic began. Investors have cheered the cut, the dowjones industrial the neck i added 1. 5% in us dot markets. And the s&p 500 rose to all high times. Bbc s samira hussain has more from new york. 0ur the s&p 500 road i. 7%, the s&p 500 road i. 7%, extending this years gains to 20% and meanwhile the dowjones surged over 500 points to topping 32,000 for the first time in the majority of industry groups closed out the interest is higher and big tech outperformed as it was spurred to investors return to risk on mood and tesla gained 4% and more than 7% respectively. Stocks traditionally tied to economic growth jumped withjp economic growth jumped with jp morgan economic growth jumped withjp morgan chase and ca

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