On this just moments ago. Listen here. And the president has said he wished he didnt call this the Inflation Reduction Act. What should you call it . Well, he said following that sentiment because i think its a complicated bill that it also has reduced costs and i think its very important to note that both on healthcare and as i noted on the energy side we have already seen costs coming down. John are they . I mean, gas is nearly four bucks a gallon again. Gillian home prices are up. John are americans really feeling any relief as john suggests they are . Im john roberts. Good to spend another hour with you. Gillian you as well, john. Gillian turner in for sandra. Trying to narrow Donald Trumps polling lead. John only one clear frontrunner and that is the former president. Florida Governor Ron Desantis and tim scott are the two main contenders for the top spot. Gillian the majority of Republican Voters agree trump is in the best position to beat trump in the general, 28 are arguing for
robert wood, chief uk economist, pantheon macroeconomics. itjoins me now. no change expected today, why not? it joins me now. no change expected today, why not? good mornin: expected today, why not? good morning why expected today, why not? good morning why not? expected today, why not? good morning why not? inflation - expected today, why not? good morning why not? inflation is i morning why not? inflation is just back to the bank of england 2% target for top within that headline inflation, inflation with services, eating out, restaurants, all sorts of household services, going to out to the cinema and so on prices of these things are rising still really quickly. so yesterday we saw they were up 5.7% year on year. with that rate of increase headline inflation is not going to stay at 2% very long. at 296 very long. the next decision at 296 very long. the next decision by at 296 very long. the next decision by the at 296 very long. the next decision by the bank- at
Another huge quarter for Silicon Valleys tech titans. But can the likes of google and amazon keep on growing . Plus, Consumer Confidence up, Business Confidence up Stock Markets up. How long can the trump bump last . We take stock of the president s first 100 days at the helm of the worlds top economy. Welcome to World Business report. Begin me that 8. 5 minutes and i will give you an exciting snapshot of the world of business and money. Also coming up more surprises from President Trump as he vows to renegotiate the us trade deal with south korea. Well be getting the reaction from asia. But first. We start in Silicon Valley where three of the biggest names in technology have been reporting their numbers for the last three months. We are talking about the tech titans google, amazon and microsoft. And it seems they are just getting bigger and bigger. The numbers are jaw dropping, take a look. Kicking off with google. Along with rival facebook it dominates online advertising. But its sti
Own Rory Cellan Jones who will also steer us through the world of flying cars. Flying pigs, more like it. And how do you like to read . Ebook sales in the uk have fallen 17 as readers bring back the book do you tap or turn . And why . Let us know. Just use the hashtag bbcbizlive. Welcome to the programme. We start in Silicon Valley where three of the biggest names in technology have been reporting their numbers for the last three months. We are talking about the tech titans google, amazon and microsoft. And it seems they are just getting bigger and bigger. The numbers are jaw dropping, take a look. Dominates online advertising. But its still managing to grow very fast. Googles Parent Company alphabet saw revenues jump by almost a quarter on last year. Up 22 to 24. 8 billion. Remember this Isjust 3mths Worth of sales. 5. 5 billion of that was profit. Its the same story with amazon. Its one of the worlds biggest retailers it dominates Online Shopping and still saw sales grow over 22 to a
Madison alworth with fox business is live with the latest. what did the ceo have to say about the backlash to the pride collection and the future of it? yeah, target s ceo said the negative reaction to the retailer s pride merchandise did hurt sales but he defended the decision to pull pride gear and target will celebrate pride month in the future. let s talk about that slow down. the retailer reporting 24.8 billion in revenue, which is 4.9% lower than last year. the ceo reporting to head winds including reaction to the pride collection and a cautious cash strapped consumer. on today s earnings call, he spoke about the reaction to the year s pride collection. many of our store team members face a negative guest reaction to the pride assortment. as you know, we ve had a pride assortment after a decade.