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Transcripts For BBCNEWS Asia 20240705

hovering around 2%. right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. the nikki index is trading flat as japanese investors look at what happened on wall street overnight aftermarket sales for a third straight on

Transcripts For BBCNEWS Asia 20240705

right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. spell, likewise on wall street on wednesday. still staying on the topic of interest rates, it s going to be a busy day for monetary policymakers here in southeast as

Transcripts For CNNW How 20240703

Rick abath voiceover i was panicking. I didnt realize i was panicking, but i was completely panicking. I was afraid that they were going to set the place on fire after they were done. That was my fear. God, i hope they dont burn the place down. [suspenseful music] hello. And welcome to how it really happened. Im jesse l. Martin. Bostons Isabella Stewart Gardner Museum is known for its vibrant Art Depicting Picturesque Dutch and renaissance scenes. But on One Dark Night in 1990, the Museum Became the scene of a horrifying crime. Robbers swept in, terrorizing the guards, and taking 13 works of art now worth half a billion dollars. The sinister smash and grab left the fbi with a mind boggling mystery on their hands. Where are the missing masterpieces and who were the masterminds behind this audacious heist . This is how it really happened. [suspenseful music] kelly horan voiceover march 17th, 1990, is st. Patricks day, which is practically a National Holiday in boston. Randi kaye voiceove

Transcripts For BBCNEWS Business 20240623

company is going to drive the growth in al. company is going to drive the growth in al company is going to drive the growth in al. what do you think the main thing growth in al. what do you think the main thing that growth in al. what do you think the main thing that investors i the main thing that investors are people watching this patient understand about this ai boom and where it s headed? your guess is as good as mine, there are lots of people out there are lots of people out there at the moment, they kind of know that there is something there but they don t exactly know how it is supposed to play out. i ll give you one example, mcdonald s for instance, said that they were going to incorporate ai into the drive through ordering technology come as a people drive into this. kind of booth, and they shout their orders out, then ai is supposed to be able to interpret what they want and deliver them the food at the other end. but he didn t quite work out that the way that

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