Donald trump has just wrapped up an event in Adventist Georgia with Governor Brian Kemp. That State Hardhit by The Fallout from Hurricane Helene and recovery now that is expected to cost upwards of 35 Billion. And its already left more than 220 americans dead. We are also following up if you can look at the corner of your screen on the dow today, Big Run Up because jobs were aplenty in the latest period. Were going to be exploring how the big Jobs Issue not only helps people of the corner had a lot of people thinking that the economy has achieved a soft landing, and this is leading to made a big campaign issue. Perhaps bigger than me know. It could cut a couple of different ways. Some people are arguing didnt feel it dont see it hexo doesnt matter if we keep showing but this Jobs Report that showed 254,000 americans found jobs was close to double what we thought would appeal, would appear today. And that is a big reason why youre getting all of this attention to the economy on this day
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 expecting . Its a close call. I think there is expecting . Its a close call. I think there is relatively think there is relatively little economic impact from one or the other depending on how that decision is made. 0ur Expectation is that the federal reserve will reduce overnight Intere
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 up Interest Rates for the highest in two decades to get soaring inflation under control. Lets take you live to New York and talk to our North America Business correspondent. Investors are betting on a cat but the Big Question is how deep that cut will be. Indeed. Thats the deep that cut will be. Indeed. Thats the interestin
Diverting forces, resources And energy towArds the north. These events confirms thAt there is A serious risk of A drAmAtic escAlAtion in lebAnon, And everything must be done to Avoid thAt escAlAtion. Hello And welcome. On the context in the next hour. After A second dAy of deAdly explosions Across lebAnon, tArgeting hezbollAh, well be live injerusAlem, lebAnon And wAshington. IsrAeli leAders sAy theyre opening A new phAse in the wAr, And the Centre Of GrAvity is shifting to the north. Well Ask whAt does thAt meAn . Also on the progrAmme the us CentrAl BAnk goes big with its first Interest RAte Cut in four yeArs, lowering its key Lending RAte by hAlf A PercentAge Point. And who is briefing AgAinst the LAbour Chief of stAff Sue GrAy And why . As the bbc is told she eArns more thAn her boss the prime minister. We stArt in lebAnon, where theres been A fresh wAve of explosions Across the country, which hAve killed At leAst 1A people, with more thAn A50 injured. HAnd held rAdios or WAlkie TA
Joining me tonight are political Strategist And Commentator Rina Shah and columnist for the i and former Labour Executive Director of Policy Andrew Fisher first , the latest headlines. Israels Defence Minister has said the military is opening a new phase in the war, and will be diverting troops and resources northwards. Yoav gallant was speaking to troops at an airbase near the border with lebanon. It comes as 14 people have been killed and at least a50 injured in further explosions across lebanon involving Walkie Talkies. The us Federal Reserve has cut Interest Rates by half a Percentage Point in its first reduction since the pandemic. It puts the Central Banks benchmark Lending Rate at between 4. 75 and 5 , sharply lowering the cost of borrowing with less than 50 days to go until the us president ial election. The Foreign Office has summoned the russian ambassador to the uk over the expulsion of six british diplomats from moscow. A spokesperson Accused Moscow Of Making malicious and