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BBCNEWS World Business Report July 6, 2024

as $54 billion from the swiss central bank. is it enough to calm fears of a new financial crisis? plus: rates rethink. will market turmoil force the european bank to scale back a rise in the cost of borrowing later today? and the generation x factor. why the over 50s have the skills so many employers want, but aren t applying for thejobs. let s now get down to business. we start here in the uk, where households and businesses are weighing up whether they will be better or worse off following the chancellor of the exchequer s first budget. jeremy hunt wants to kick start a stagnating economy that s lagging behind its rivals across the developed world. the big focus getting more people into work and tackling the labour shortage that has left more than a million job vacancies unfilled. there will be more free childcare and changes to benefits and pensions. but there will be no tax cuts for individuals or businesses. companies still face a rise in corporation tax from 19% to 25 ....

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CNN CNN Newsroom July 6, 2024



floating above the continental united states, and we don t know what data it s collecting. you can see it right there on your screen and it s visable to people on the ground in montana. at least it has been since wednesday. today beijing confirmed it is theirs, claiming it is a, quote, unquote, civilian research air ship that went off course, but minutes ago, the pentagon flatly rejected that claim, calling it a surveillance balloon. secretary of state antony blinken s upcoming trip to china has now been postponed. the pro vocative move is inflaming a u.s.-china relationship already on the brink with tensions over everything from taiwan to tiktok. cnn s natasha bertrand is here to break it all down for us. natasha, there is so much to talk about here. so let s start at the beginning. what do we know about this balloon? yeah. so here, just to get a sense for the scale of this thing, this is the balloon, and what we know about it is that it is the size of about three bu ....

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FOXNEWS FOX and Friends July 6, 2024



supreme court is keeping title 42 in place against the white house s wishes for now. griff: if title 42 is dropped, we could see 14,000 encounters every single day at the border which would add up to over 5 million illegal crossings each year. joey: live from washington and he s got the latest on this, lucas. good morning. the supreme court says title 42 will remain in place for now after 19 states as to the high court to give it around. one of the courts conservative justices sided with his liberal colleagues in the 5-4 ruling. the dissenting opinion, saying the current border crisis is not a covid crisis. court should not be in the business of perpetuating atex design for one emergency only. elected officials have failed to address a different emergency where a court of law not the policymakers of last resort. dhs gave the candidate mission, we will continue to manage the border. we will do so within the constraints of a decades-old immigration system that ev ....

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BBCNEWS World Business Report July 7, 2024



let s start here in the uk, where thousands of passengers have had their holiday plans disrupted after numerous flights were cancelled on sunday. it comes at a time when the aviation industry is struggling to recruit full time staff after laying off workers during the pandemic. easyjet said it had cut 80 flights on sunday, and apologised to customers for the disruption, blaming the the ongoing challenging operating environment . flights from british airways and wizz air were also affected. the uk government has provided £8 billion of support to the aviation sector during the pandemic. transport secretary grant shapps believes the industry cut too manyjobs during the pandemic and said it should not oversell flights. joining me now is fiona cincotta from city index. some cincotta from city index. strains explained because this some strains explained because this has been an especially busy travel weekend, not just in the uk but other parts of europe, some highlight s ....

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