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things like volatile food and energy prices, so called core inflation was 4.7%, the lowest since october 2021. the good news is that inflation has drifted down from last summer s a0 year highs, but it is still well above what the federal reserve thinks of as normal prices and with the overall trend heading in the right direction, policy makers, well, they may feel that they don t need to raise interest rates further. the us central bank, you may recall, raised its benchmark interest rate to more than 5.25% percent, the highest level in 22 years, all in a bid to cool the economy and ease the pressures pushing up prices. so while it s too early to say mission accomplished from the white house to wall street, there is a sense that progress is being made in the world s largest economy. china s e commerce giant alibaba reported its strongest quarterly revenue growth in almost two years, pushing its us listed shares up more than 4%. earlier this week, the latest data showed c ....
higher housing, cars and food costs but once his take out core inflation was 4.7%, the lowest since october 2021. the good news is that inflation has drifted down from last summer s 40 drifted down from last summer s a0 year highs but it s still well above what the federal reserve thinks of as normal prices. with the overall trend heading in the right direction, policymakers may feel that they don t need to raise interest rates further. us central bank, you may recall, raised its benchmark interest rate to more than five and a quarter %, the highest in 22 years, all in a bid to call the economy and ease the pressure is pushing up prices. cool. qualities too early to say mission accomplished, from the white house to wall street there is a sense that progress has been made in the world s largest economy. china s e commerce giant alibaba reported its strongest quarterly revenue growth in almost two years, pushing its us listed shares up by more than a%. earlier this wee ....
a deal in principle with tottenham to sign their record goalscored for 100 million euros. so will he now leave london? kane has a year left on his contract with spurs, and racked up 280 goals in over 400 appearances. 30 of those goals came last season, in a campaign where spurs finished 8th, missing out on european football. it s a big decision for kane, leave his life long club to head to bayern who are consistent european contenders. matt graveling has been speaking german journalist katarina delling. i think in germany everyone s really excited. i think they think it is about to happen because they are offering him great things, things that he might not be able to have here at tottenham. they say they offer him like almost twice or more than twice the amount that he s getting here, about e25 million a year, i heard. and also, he can win trophies there. he can t do that here at tottenham. he can obviously win the bundesliga. and i think the hope is that he will also w ....
and that s bbc news at six. you can keep up with all the latest developments on bbc website. now it s time to join our colleagues for the news where you are. hello and welcome to sportsday i m hugh farris. our headlines this evening. manchester united s new co owner says he s fulfilling a boyhood dream, but sirjim ratcliffe says restoring the club is his greatest challenge in an exclusive interview ratcliffe says he wants a new stadium one for united and the north of england. it s about time somebody built a national stadium or a stadium that is capable in the north of england rather than the south. after his first win of 2024 another defeat. andy murray loses in the second round in qatar to a player half his age. and this is the gumshield world rugby hopes will help make the game safer it ll be worn for the first time in the six nations this weekend. hello again. for nearly two decades those who own manchester united have been fighting a lot of discontent from ....
you do have to pinch yourself really, because it is a sort of a boyhood dream. but they never come true, normally, do they? this is the exception to the rule and it s a nice one for me. how determined are you to restore this club to its former glory? the only reason i got involved is because i want to see manchester united restored to where it should be. it s the biggest club maybe i m slightly biased, but i think it s the most well known club in the world. it has the greatest history in the world, and it should be playing the greatest football in the world, which has been from time to time. it should always be challenging for the premiership and it should always be challenging for the champions league. but it has been a decade since you last won the premier league, so how would you describe the skill of the challenge facing you? it would you describe the skill of the challenge facing you? would you describe the skill of the challenge facing you? it has clearly had a ....