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BBCNEWS BBC News June 4, 2024 16:49:00

Affair is a personal failure for mr sharp but also a massive failure for the government. the sharp but also a massive failure for the government. sharp but also a massive failure for the government. the bbc chairman has alwa s been the government. the bbc chairman has always been a the government. the bbc chairman has always been a political the government. the bbc chairman has always been a political appointment, i always been a political appointment, hasn t it? what has changed? nothing hasn t it? what has changed? nothing has chan . ed hasn t it? what has changed? nothing has changed in hasn t it? what has changed? nothing has changed in this hasn t it? what has changed? nothing has changed in this sense, hasn t it? what has changed? nothing has changed in this sense, in - hasn t it? what has changed? nothing has changed in this sense, in the i has changed in this sense, in the sense that our cross party select committee were content with mr sharp s appointment, we didn t ....

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CNN At This Hour With Kate Bolduan June 4, 2024 15:03:00

Points. i think that s what they will do had it not been for the banging turmoil that would have been an open and shut case for 50 basis points. so if furman is right here, that means that benchmark interest rates will go up to the highest level since september of 2007 right before the great recession. more importantly than the level of rates is how fast they re going up. the fed hasn t moved this aggressively against inflation since the early eighties. under paul volcker, you can see rates are going almost straight up. so what does this mean for everyone at home? well if the fed raises rates again, it means higher borrowing costs mortgage rates they ve already spiked near 20 year highs. it s never been more expensive to carry a credit card balance. it s gotten more expensive to finance the purchase of a loan or take out student debt. the other real impact here, of course, is that the fed is trying to cool this economy off, ideally without breaking something, of course, kate. the bank ....

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CNN CNN Newsroom June 4, 2024 14:14:00

Science camps in orange county found themselves stranded. so a bit of wacky weather. here in new york the first real snow so you see people out running and enjoying it here. jim, erica? athena jones, thanks so much. coming up next, treasury secretary janet yellen making her own surprise visit to kyiv, promising financial support there. also weighing in on the inflation fight back home. i m going to get reaction from an economist who thinks the fed the next fed rate should be higher and that the fed hasn t quite gotten a handle on inflation. plus the epa administrator headed back to ohio as the biden administration says cleanup from that toxic train derailment is moving swiftly. cnn is live in the town, one of the areas where that waste is being moved. and new this morning, the russian president admits to losses in his military ranks as a fierce battle rages in eastern ukraine. we will take you live to moscow for new details about the morale problems in putin s army. ....

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CNN Don Lemon Tonight June 4, 2024 06:51:00

More with my interview from the white house press secretary. weirdest coming up on the midterms, but as you know, the president only gets to serve so long before they have to start campaigning again and running again but president biden, i m sure you have read the new york times article talking about the whispers growing louder inside the democratic party, exposing doubt about his plans for a second term. this is what alexandra ocasio- cortez told cnn when asked if she would support biden in 2024 but here it is. we will cross that bridge when we get to it, but i think that if the president has a vision, that is something we are certainly all willing to entertain and examine when the time comes. that s not a yes. i believe the president has been doing a very good job so far, and should he run again, i think we will take a look at it. as i understand, you ....

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CNN Don Lemon Tonight June 4, 2024 06:41:00

Concerns that federal reserve may interest rates of three quarters of a percentage points. something the fed hasn t done since 1994. the rough day for stocks follows more bad news for the economy. the national average price of gas hitting an all-time high of five dollars a gallon. the latest inflation data showing that energy and food prices soaring over the past year. energy up by more than 34%. food by more than 10% despite all of this, the white house claiming that american consumers are well-positioned to face these economic challenges and reiterating the president biden s plans to run for election in 2024. karen, thank you. that was a big buildup on not really great news when it comes to the economy. good evening to you. the economy clearly in a rough ....

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