Ago wrapping her comments in Raleigh North Carolina. This was her first major Policy Speech since becoming lead on the ticket for democrats is the president ial candidate of the democrat party. She began saying shell have more incoming speeches. This was largely focused on inflation and on housing. In terms of her economic vision. It included as you just are discussed 25,000 in a down Payment Support for firsttime homebuyers. A big expansion to the Child Tax Credit and this is getting a lot of attention, federal ban on Price Gouging for food and groceries. Watch. Will help the Food Industry become more competitive because i believe competition is the lifeblood of our Economy. More competition means lower prices for you and your families. Charles payne and David Asman watching all of this very closely. The will join us in just a moment. Some have said there some of the program sound a lot like socialist or communist governments in terms of how they approach business. The Vice President
The dax In frankfurt. Up by almost I. 7 . Lets speak now to vIctorIa fernandez, chIef Market StrategIst at Crossmark Global Investments thank you for beIng wIth us. Nobody saw these RetaIl Sales fIgures comIng In to strong. Why has that gIven such cheer to Investors . The us Economy Is surely drIven by the consumer, 73 of the Economy Is from the consumer spendIng. And so when there was thIs fear that the consumer was pullIng back and we were seeIng weakness In the Labour Market, and therefore wager stagnatIng, there was a huge fear that thIs was goIng to lead the Economy If not Into a recessIon, defInItely a Pull Back and weakness In the Economy. RetaIl sales are somethIng people have been waItIng on. The Number Today was very posItIve. The markets were reactIng accordIngly. The bIggest drIver In thIs retaIl Sales Number was motor vehIcles, whIch Is InterestIng because If you look at the cpI report, the InflatIon Report you mentIoned a whIle ago, It was actually used Car PrIces that wa
The 15 member who committee were unanimous in their decision. It comes as a new strain of the disease has emerged. Talks have begun in switzerland aimed at securing a ceasefire in sudan. Fighting between the army and the paramilitary rapid support forces has killed thousands and displaced around 10 Million people. The us Led Talks began without either party involved after the armed forces said they would not attend, and the rapid support forces pulled out of todays talks, despite travelling to geneva. And Train Drivers in the uk are to vote on a multi Year Pay Offer aimed at ending a dispute with the government That started around 18 months ago. The offer will now be put to members of the Aslef Union for a vote. Under the deal, theyd get two increases of between 4. 75 and five Per Cent, for the first two years of the dispute with four and a half Per Cent for 2024 5. Ukraine says its troops have moved further into russian territory, in what has become the biggest foreign incursion into
Due to a slight rise in Gas Prices and it does buck the most recent trends that weve seen. So i think most of the indicators show the Economy is gradually, slowly improving. But we are not out of the Danger Zone yet, because with inflation rising, and the same month where Keir Starmer has confirmed there will be millions of public Sector Worker seeing a pay rise, where sectors are currently growing, that creates a worrying headache for those in the treasury and the Bank Of England, can we ensure that this is just of england, can we ensure that this isjust a blip, this rise, and can we get inflation under control . All eyes will be on the Bank Of England and now were Going to see further cuts to the Interest Rates in september as anticipated, or could this cause a bit of a change in tact . , , tact . People will still be feeling that when they tact . People will still be feeling that when they Go tact . People will still be feeling that when they Go to tact . People will still be feelin