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BBCNEWS World Business Report July 7, 2024

of cheer on wall street: amazon shares soar as it racks up sales of $121 billion in the last three months. hello there. we start in the us, with fears of a recession in the world s biggest economy. in the world s biggest economy are rattling people. official figures out on thursday show it shrinking for the second quarter in a row. two quarters of negative growth are what many countries around the world would define as a recession. not so in the us, as we ll show you why in a minute. us gross domestic product declined at an annual rate ofjust under 1% between april and june. that comes after a steeper 1.6% decline in the first three months of the year. but that hasn t hit the labour market yet. us treasury secretary janet yellen said the economy is now at full employment with the unemployment ratejust 3.6%. meanwhile, prices for groceries, petrol and other basics are rising at the fastest pace since 1981. he s what president biden had to say. both chairman powell an ....

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BBCNEWS BBC News July 7, 2024

as europe faces a very challenging winter ahead. that s alongside a projected interest rate hike later in britain for the sixth time in a row. fears of an extreme drought across europe grow as the severe heatwave tightens its grip. hello and welcome if you re watching in the uk or around the world. taiwan s defence ministry says china has fired multiple ballistic missiles during a set of military exercises in the air and sea encircling taiwan. beijing launched the drills in response to a visit by nancy pelosi the most senior us official to go to the self governed island in 25 years. the exercises are taking place in some of the world s busiest waterways. taiwan sees itself as independent, but china views it as its own. china s foreign ministry said nancy pelosi s visit to taiwan was a violation of the one china principle and justified its military exercises by blaming the us for the rising tensions in the region. translation: china has repeatedly made clear our stern op ....

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FOXNEWS Your World With Neil Cavuto July 7, 2024

running, we ve had better than 2,000 flights either delayed or outright cancelled. the trend will not be the traveling friend. mark meredith on the latest in washington. mark? hi, neil. good afternoon to you. both airlines and passengers are bracing for turbulent days, a record number of travelers, this could create a perfect storm and major delays. they re pushing back that this is somehow their fault and blaming staffing shortages. major u.s. carriers says the industry is doing everything possible to create a positive customer experience since it s in the airlines interest to keep customers happy to return for future business. bernie sanders does not buy it. he says airlines won t act until money is involved. now sanders is calling on the department of transportation to do a couple things. requiring airlines to refund people for delays quickly and wants a $15,000 time per passenger on domestic flights delayed two hours or more as long as weather is not to blamed and ....

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FOXNEWS Fox News Live July 7, 2024

if i present biden s it is not concerned about possible nuclear test from north korea which should be the first in nearly five years. the president is now in tokyo the second leg of the diplomatic tour. white house correspondent peter doocy is troubled with the president he is there as well, hi peter. good morning eric and arthel paid the president is already here in tokyo. he left south korea without ever going to the tmz to meet with his north korean leader, something his predecessor did on a trip they are. but are hearing maybe next time. owed me with the leader of north korea it would depend whether he was sincere and serious. that s on this trip this president trying to make china feel like north korea, isolated but critics say the chance to do that has come and gone. i think it is coming about 16 months too late because china is the number one threat we face but he wished president biden got there early in his tenure, not spent so much time in europe. not ma ....

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FOXNEWSW FOX July 3, 2024

The damage to the american heartland. Plus, bidens got a popularity problem, heading into november. The new Likability Poll that ranks is below nixon and carter. The nfls new protective caps sparking strong reaction. Heres some bubble wrap while were at it. I dont match your passion for concussions. A few self highlights there. Former nfl running back is here with what he thinks of the new mushroom hats, safety measure. The final hour of fox Friends Weekend starts right now. Im good. Wow. Were guessing landscapes and marinas and will doesnt know skylines, but knows this. Was have you got . Lake havasu. What state . Nevada. What have we got . No. Navoh dam, new mexico. I didnt know they had such water there. Why are you houseboats, lake havasu. I thought it was florida. I wasnt looking at the topography. I was looking at houseboat i faux us cuss on one thing. Focus on one th ....

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