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With judge jeanine pirro, harold Ford Jr. Kayleigh mcenany , greg gutfeld. Its 5 00 in new York City and Is- >ThIsIs the five. You win some, you lose some. Kamala harrIs getting humiliated again harrIs g Hu Byn Labor union while getting bailed outione by harrIs. Thec just lost the coveted endorseMent of the internationaendorsl of firefighs two weeks after the teamsters snubweeks af. Both have a long hIstory of backing democratic presiden ....
Welcome to Business Today live from new york. Shares are inching higher on Wall Street ahead of the most closely watched meeting of the Us Federal Reserve in years. In just underfive federal reserve in years. In just under five hours time the fed is expected to finally start cutting the cost of borrowing from its two decade high. But how deep are the first could be and with concerns in some quarters about a rapidly weakening us economy, has the fed left it too late . Let s get more from the chief fixed Income Strategist at janney montgomery scott. The big debate here, 25 or a 50 Basis Point Cut. What are you expecting . Basis point cut. What are you petting . Expecting . Its a close call. I think there exp ....
We have continuing coverage of the story on bbc news. Countdown serve the fed, the us Central Bank is expected to cut Interest Rates in the next couple of hours. The question is by how much. Also ahead, Uk Inflation hold steady in august but as the Bank Of England finally slaying the dragon . And The Party is over for tupperware as the 78 year old firm filed for bankruptcy. We lift the lid on what went wrong. Welcome to business today. We start in the us where the federal reserve is poised to cut the cost of borrowing for the first time in four years. That decision comes in less that three hours. It will come at two oclock eastern time. Americas Central Bank cranked ....
Not investing at the pace they were a couple of years ago. and ultimately are, that s a, you know, lead indicator. by the way, if we can get this trade deal done, both the u.s.-canada-mexico one and the china one, then i think businesses will start spending again. but, look, i m not one that believes that bull market expansions like we re in right now die of old age. they don t. they die because of policy leland: okay, you think about that. thises from wall street journal, a tight jobs market insulates a slowing economy and perhaps trump two. that brings up what does that mean, trump two? oh t-o-o leland: the president as well. yes. leland: the question becomes this, as we ve seen this massive expansion, we saw this last year, stock market dropped 20. recession was we could all see recession coming. you and i talked about it. by the way, the reason that didn t happen is because the fed finally took trump s advice and ....
Is ets own economy to death. i want to bring in john from a but be dabby. do abu dhabi. we have mixed messages. one was quite stern. the second and the most recent which i want to underline is the from the saudi embassy in washington trying to turn down the heat on something that came to a boil in a big, big way. we now see it filtering into the financial markets, particularly in saudi arabia. they have sunday training and the drop of 7% was a shock. they cut the losses in half and when we are in market correction territory. it s quite alarming. i look at stock markets as a six to nine-month lead indicator and they don t like what they see from the crown prince. he was the big reformer to open up the economy and offer a great ....