Jerome powell here in york, pennsylvania last year, some relief. Shes Been paying a higher rate on the Credit Card she uses to fund her Business. My Interest Rates have gone up, so my monthly payments have increased tremendously, so i would like to see the Interest Rates come Back down. Whenjerome powell visited this market, the Federal Reserve was watching closely to see if its Big Interest Rate hikes really were cooling inflation, even though it was tough and small Businesses. Thats aBout to change. Mr powell and his colleagues are set to Interest Rates. In york, the arrival of autumn marks a change. After raising Interest Rates 11 times, americas Central Bank is all But certain to unwind that, But how quickly they go down from here is still up for graBs. Perfectly like this on your porch, and then we price it less than picking up the pumpkins themselves. At this farm shop, the reBirth of the economy, as inflation falls closer to the feds official target of 2 , is yet another moment
Job for controversial billionaire elon musk. Here s ritika gupta with the details. The main highlight of donald trump s address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. This would be a big reduction from the current rate of 21%. A key policy victory from trump s own 2017 tax law set to expire in 2025. Now, while a 15% corporate rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37%. His proposal is in stark contrast to his rival, kamala harris, who has called to raise the corporation tax to 28%. Trump s proposals also include an idea from tesla ceo elon musk to create a government efficiency commission. This would be to eliminate wasteful federal spending a shot at the biden harris administration s spending levels. I will create a government efficiency c
Offenders who ve served 40% of their prison terms will be eligible for early release. It s necessary, says the government, because of severe overcrowding in jails. There are fewer than 500 spaces left in men s prisons in england and wales, a crisis made worse by the convictions of hundreds of people involved in riots last month. Our senior uk correspondent sima kotecha was given full and rare access to hmp pentonville in london and this is what she found. Siren blares. Chaos in hmp pentonville. Shouting. We re the only broadcast journalists given access. . . It s a code red. . . To one of britain s most dangerous jails since the current crisis. 0k, come on, folks. And some prison officers are so frightened of being targeted on the outside that we ve had to blur theirfaces. Hmp pentonville! staff are overstretched. . . Another alarm here. . . And on the verge of breaking point. You worry about, you know, opening the door in the morning and making sure that they re alive. Anything could
Rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37 . His proposal is in stark contrast to his rival, kamala harris, who has called to raise the Corporation Tax to 28 . Trumps proposals also include an idea from Tesla Ceo Elon musk to create a Government Efficiency Commission. This would be to eliminate wasteful federal spending a shot at the biden harris administrations spending levels. I will create a Government Efficiency Commission tasked with conducting a complete financial and Performance Audit of the entire federal government, and making recommendations for drastic reforms. We need to do it. Cant go on the way we are now. And elon, because hes not very busy, has agreed to head that task force. This comes as both Trump And Harris are ramping up their efforts to court Swing State voters as well as Business Exe
We start this hour in the uk, where from next week, thousands of british offenders whove served 40 of their Prison Terms will be eligible for early release its necessary, says the government, because of severe overcrowding in jails. There are fewer than 500 spaces left in mens prisons in england and wales a crisis made worse by the convictions of hundreds of people involved in riots last month. Our senior Uk Correspondent Sima Kotecha was given full and rare access to Hmp Pentonville In London and this is what she found. Siren blares. Chaos in Hmp Pentonville. Shouting. Were the only broadcast journalists given access. Its a Code Red. To one of britains most dangerous jails since the current crisis. 0k, come on, folks. And some Prison Officers are so frightened of being targeted on the outside that weve had to blur theirfaces. Hmp Pentonville Staff are overstretched. Another alarm here. And on the verge of breaking point. You worry about, you know, opening the door in the morning and m