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BBCNEWS World Business Report July 7, 2024

so let s get down to business and we begin in the us where the world s most powerful central bank wraps up its monthly meeting later. it s a given the federal reserve will increase the cost of borrowing. the question is by how much. with recent inflation data flashing red the sentiment on wall street has been grim. on monday the s&p 500 entered a bear market after the index fell by more than 20% from january s recent high. our north america business correspondent, michelle fleury, has more from new york. this minnesota petrol station is letting customers know they share their frustration. skyrocketing fuel prices have helped drive up inflation, currently at a a0 year high. customers, our car coming up, ate her at her corolla and gets fuel and at $80, you can t know how much it hits home to people. how much it hits home to ”eole. ,, . , how much it hits home to n-eole. , . , ,, people. gas prices in the us hit a record people. gas prices in the us hit a record of pe ....

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KGO ABC World News Tonight With David Muir July 7, 2024

at least 25 states. and now, the water outages just as this heat moves in. will carr near yellowstone tonight. ginger zee timing this all out. also tonight, on the eve of a major meeting of the federal reserve, the fed considering the biggest interest rate hike in nearly 30 years. what this could mean for american families. the effort to cool down inflation. can it be done, though, without sending the country into recession? and tonight, families across this country, the father with a decent-paying job, in line at a food bank because the bills are rising so quickly. the retired teacher now working again. the reality for so many families. tonight, the news just in, what congresswoman liz cheney sys to expect in the next public hearing from the january 6th committee. focusing on the pressure placed on former vice president mike pence by the former president not to certify the election. and tonight here, what mike pence is now saying, speaking out. jon karl standing by ....

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KGO ABC World News Tonight With David Muir July 7, 2024

tonight. the new images coming in of the historic flooding and now the damage at yellowstone national park. 10,000 people forced to evacuate. cars narrowly escaping rising waters. and just in tonight, a confirmed tornado touching down in wisconsin. at this hour, the tornado watches and warnings in effect across several states. and of course, the record-breaking heat. nearly 130 million americans on alert tonight for potentially life-threatening heat. rob marciano standing by tracking it all. news on covid tonight and the youngest of children. tonight, an fda panel now giving the green light for both the pfizer and moderna covid vaccines for children under 5. as young at 6 months. how they work, how many shots. and this could begin within days. and the other headline tonight, dr. anthony fauci testing positive, now on paxlovid. we do have news on his simympto tonight. tomorrow brings the third january 6th hearing in front of the american people. the pressure on m ....

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BBCNEWS World Business Report July 7, 2024

programme is proving a big hit, we ll explain why. more now on the controversial move from the uk government to change key elements of the so called northern ireland protocol, the post brexit trade agreement reached with the eu in 2019. the european union is threatening legal action against the uk warning it would undermine trust and make it harder to negotiate a way out of the impasse. the eu trade commissioner, valdis dombrovskis, says the uk must still cooperate with the eu to make the northern ireland protocol it negotiated work, he was speaking to our global trade correspondent, dharshini david. regard northern ireland protocol we clearly expect uk to respect the agreement which it has negotiated. we know there are issues related to the practical implementation of northern ireland protocol but we have come also with a number of proposals including bespoke arrangements, others practical concerns can be addressed. we know from concerns can be addressed. we know fro ....

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CNN CNN Newsroom With Ana Cabrera July 7, 2024

learned trump s inner circle told him the fraud claims were false. within the committee, a significant public split over whether to send a criminal referral to the doj, and so that s where we want to begin today with democratic congresswoman of virginia who is on the select committee. she s joining us now. thank you so much for taking the time, congresswoman. the chairman says that a criminal referral is not going to happen. i know you and other committee members say that s not been decided. why isn t everyone on the same page? well, what i d say is it s correct that this hasn t been decided. we haven t got ton that point yet as far as the committee making a formal decision. the chairman says it s not going to happen. he went that far. well, we are continuing to have discussions within the committee, and i would say that this is something that is a very important topic for us to decide and decide as a whole committee, and we will make that decision and that announ ....

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