Relief efforts. Theres a lot of people that are frustrated out there and i can certainly appreciate that and we felt that when we were on the Road Yesterday but also told them that this is unprecedented what we are dealing with. Previously the worst Storm Georgia had ever dealt with. We dont need people in washington doing things, we need people here doing things and this Community Show that. Sandra Brandnew Top of the hour. We now know at least 200 are dead. Holmes upended and homes unrecognizable. Any moment now President Biden will be getting an update in florida as he continues his tour of the hardesthit areas. Our thoughts are with all of those affected by this. It is brutal for so many. Hello and welcome everyone. I am Sandra Smith in New York. John our houtz go out. Im John Roberts in washington and this is america reports. Today marks a week since Hurricane Calin made landfall. Survivors are isolated by catastrophic flooding and they are desperately flooding Stomach Pleading fo
August meltdown, ending the session down 2 . This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The Nasdaq Index closed down by 3 , while the Dowjones Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, The High Flying Artificial Intelligence darling, which raised more than 240 Billion in market value. The Chip Maker shares closed down over 9 . 0ther Semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing Production Data shrank for a fifth month in august. The institute for Supply Management Manufacturing gauge edged up to 47. 2. A reading below 50 indicates contraction. The data reignited concerns around slowing growth within the us economy, which helped drive a Sell Off early last month. The action comes ahead of us governments augustjobs report,
To the deflationary spiral however now because theres a strong trend of Wage Increases, Finance Minister Shunichi Suzuki says its over. Joining me now is seijiro takeshita, whos a professor at the university of shizuoka. Thank you for being with us today. Talk to us first of all, this is a pretty unique set of circumstances that japan has pretty unique set of circumstances thatjapan has been pretty unique set of circumstances that japan has been through for the past generation. It is todays Declaration Calls for celebration . Yes, i would think so. Concerning the fact that for two decades, we havent seen any wage rise. Where the only country to do that. There are a lot of recurring profits, bits nine redeeming to their employees. This is, in that sense, a remarkable change. In most of the estimates, there were around 4 , but now its been reported to be around 5. 2, exceeding expectations. fist been reported to be around 5. 2, exceeding expectations. Been reported to be around 5. 2, ex
Of Mother Nature and humanity. If you would like more information on surf therapy at future events, you can visit waves strength. Org. It is the perfect reminder. If you need help, ask for it. If you can give help, please give it. It is worth it. And on that note, i wish you a very good and safe monday night. For all of our colleagues across nbc news, thanks for staying up late with me. Ill see it tomorrow. Thanks for you at home joining us this hour. Good to have you here tonight. All right, here it is. Already . In late december, Philip Johnson and Alan Blackburn someone a reporter from the New York Herald tribune to johnsons office at the museum of modern art in New York City. They were offering an exclusive, the Herald Tribune called them adventurous with an intellectual overlay, and explained that the two were taking a sabbatical from the museum in order to start a new political movement. They were calling it the national party, and they were lighting out for louisiana the very ne
the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real gdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the australian economy s holding out well because consumers are still doing quite well, and with the r