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I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring ....
to a lack of fuel as israel continues its military operation there. communications are also down for a second day in the enclave. the un s biggest agency in gaza says it is no longer able to bring in and distribute aid. as of this morning, no aid has come in as of this morning and this is due to the lack of fuel. so if we get in a shipment of fuel, yes, we will be able to go up to the border and pick up those trucks of much needed supplies. but we need fuel for that. live now to geneva to speak to dr margaret harris, a spokesperson for the world heath organization. the un is telling us they are begging for fuel right now. can you explain what happens in a hospital when there is no fuel or power? fix, when there is no fuel or power? hospital then is really reduced to a first aid station if you have no power. all you can do a google is look at what the problem is and try to pat somebody up, but you can t do surgery, you can t do any of the life saving things because you ....
here s elizabeth rizzini. time for a look at the weather. hello, thank you. just the right amount of retreating command centre for hamas? tonight, the idf has shown the footage you just saw, which they say is part of a tunnel underneath the hospital. mark s here. it plays an important role in israel s case for its gaza operation, so how close are they in succeeding to their wider objectives? scotland s health secretary says his sons racked up his 11 grand bill on his parliamentary ipad. why is scotland s conservative leader calling for his resignation? we ll ask him. also tonight. why are so many maternity units in england deemed unsafe by the regulator? we ll hear from one couple whose baby daughter was stillborn, after failures by their hopsital. i thought, these are my colleagues, they ll do a good job, i ll get safe care. so i didn t think there was anything wrong, until we were told she was dead. and after a week of rows in this country over migrant policy, we re ....
thing is made, its position is very clear on what s going on. i mean, i think that john kirby yesterday some pretty strong comments about bbs comments back to us. so i just i mean, i think that the president is probably preparing for a debate and deal with it. all right, thanks to to our panel. thank you for joining us. i m one of the rod you join me for inside politics sunday at 8:00 a.m. and 11:00 a.m. eastern lead here on cnn and cnn news central starts donald trump getting up billionaires, boost the numbers behind his huge fundraising haul over president biden as they prepare to face off for a historic debate in less than a week. but you re on cnn summer, is officially kicked off. you can definitely feel it a dangerous heatwave taking over the northeast and midwest with temperature set to store in to the hundreds. this weekend and are you you ready for an ai takeover? america s big companies are ramping up their use of artificial intelligence to do jobs once ....