A stable environment for us businesses. She promised Tax Incentives to make the Middle Class the engine of americas prosperity. It comes a day after former President Trump threatened to hit us firms with hefty tariffs on their goods if they move manufacturing abroad. Donald trump has consistently polled better on the economy a few short months ago he was 12 points ahead Ofjoe Biden on the issue. But that lead has declined sharply since Kamala Harris became his opponent. Our North America Business Correspondent Michelle Fleury has more. Vice president Kamala Harris laid out her vision for Americas Economy in the Battleground State of pennsylvania. The american people face a choice between two fundamentally very different paths for our economy. I intend to chart a new way forward and grow americas Middle Class. Donald trump intends to take america backward to the failed policies of the past. Miss harris said her plan would lower costs for american families, invest in entrepreneurs and en
The tech giants in the us are dominating the business agenda today. Jeff bezos is stepping down as amazons Chief Executive. The Online Retail giants founder will move to become the compa ny s executive chairman. He will be replaced as ceo by andy jassy, the current boss of amazons Cloud Computing business. And this comes as the firm reported 386 billion in sales in 2020, thats up 38 on the year before. Their profits almost doubled, rising to 21. 3 billion. So whats been the reaction to the news bezos is stepping to the side, and what do we know about the new boss . Duncan howe is e commerce strategist at cheil uk, which is a Digital Marketing and advertising agency. Duncan, welcome to the programme. Executive chair man still means he will have a lot of control and very much involved in and is on, but it is the day to day responsibility. What do you think about this move . I responsibility. What do you think about this move . I think it is a bit of think about this move . I think it is
on the debt ceiling. this is all about the amount of money the us government is allowed to borrow which has a self imposed limit, a ceiling. without a raise, this would leave the us unable to pay its bills. on tuesday, president biden met with top lawmakers in washington, who are currently blocking raising that ceiling but they came away without a breakthrough. nomia iqbal was there. both sides came out of the meeting which lasted more than an hour, announcing there was no deal. both showing they are entrenched in their positions. the republican speaker of the house, kevin mccarthy, attacked president biden for not negotiating. his opponents came out a short while either later saying republicans refused to take default off that table and mrjeffries called the publicly party as a party of magyar extremists. they have two weeks otherwise the us will default to not pay their bills and it would lead to economic ruin, leading to stock markets plummeting and millions ofjobs are p
an isis inspired attacker killed eight people in new york city. russia launching deadly missile strikes hours after the u.s. pledged to send tanks. our team on the ground. my conversation with the ceo of southwest airlines as the transportation department launches an investigation into the airline s meltdown over the holidays. i ask him, did southwest deceive passengers? the asteroid the size of a delivery truck having a close encounter with earth tonight. grin and bear it. the selfie snapper and one wild photo shoot. this is nbc nightly news with lester holt. memphis, tennessee, awaits tomorrow s release of video that officials say will underscore why they have moved to charge five former memphis police officers with murder. they are accused of being part of a violent confrontation earlier this month that led to 29-year-old tyre nichols being severely injured. it happened after a traffic stop. he died from his injuries a few days later. the d.a. saying the acti
let s get down to business, there were no january blues on wall street as the month ended on a high for investors. lets look at the numbers some of the biggest names in corporate america have been reporting their latest earnings. the dow is up 2% in the month, the s&p is up 596. the rally comes as investors also look ahead to the us federal reserve as a two day meeting gets underway. my colleague samira hussain, with more from new york. 2022 was the worst year for the stock market since 2008 year, so far, is proving to be different with financial markets posting strong again for the month of january. markets posting strong again for the month ofjanuary. 0n for the month ofjanuary. on wednesday, all eyes moved to washington for the latest interest rate decision. traders are expecting to see rates increase by 25 points, a far cry from the aggressive interest rate hikes last year when america s central bank raised interest rates by three quarters of a percent four times. but the