To brace for the trickle down effect of that. Welcome to a new hour of americas newsroom, im dana perino. Good morning again. Bill its been a week, huh . Dana or two in one. Bill im bill hemmer. Good morning. Americans are hurting. Overall inflation increased nearly 20 under bidenharris. Check this out. Food and housing and shelter, energy and electricity, Auto Insurance Way up. Feeding your Dog Or Cat or fish or whatever you have at 23 . There is no doubt it affects the economy. Markets recovering this morning after taking a bit of a Dip Yesterday and now we are down again about 200 points 30 minutes into the day. Dana and even harriss usual supporters say she has no way to defend the state of the current economy. Watch here. The first question she was asked, are the american people better off today than they were four years ago . She didnt definitively say yes. The reason is, its complicated. You just said it. Housing is still expensive, insurance, car insurance, insuring your home h
Listen to kamala harris. Done before, which is to provide a Tax Cut for billionaires and big corporations which will result in 5 Trillion to americas deficit. Donald trump talked up his economic legacy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has recently been speaking about increasing tariffs on international goods. Lets have a listen. We are doing tariffs on other countries. Other countries after 75 years will pay us back after 75 years will pay us back after all we have done for The World. The tariff will be substantial in some cases. I took in the billions and billions of dollars from china. In fact, then never took the tariff of because it was so much money. We have had a terrible economy because inflation, which is known as a country buster, it breaks up countries, we have inflation like a very few people have ever seen before, public the worst in our nations history. To get both persepectives, Business Today spoke to greg swenson, chairman of Re
Exchange begins right now zb morning im Contessa Brewer in for Brian Sullivan we begin with breaking news on European Union gdp figures Joumanna Bercetche is with us. We just got the eurozone gdp numbers coming in at 0. 1 rise for the quarter that equates to a 0. 9 jump for the year so still above that 0 flat line detail on individual countries a lot of focus on german gdp coming in at 0 , so essentially stag nating but no recession year on year translated to 0. 4 for germany. France grew at 0. 9 , the uk at 1. 1 , the u. S. 2. 3 . So still very weak compared to other g10 nations. We are not seeing a huge reaction in markets. We are still ending the week on a positive tone. It has been a good couple of days the eurozone stoxx 600 going from record close to fresh record close in determine any, up 0. 2 , in line with the forecast gdp thats it for our eurozone gdp summup here is how stock futures are setting up after yesterdays more than 128point loss for the dow. S p futures are up 8 poi
Have a sneak preview this is on the money. Now becky quick. We begin with vaping. Ecigarettes which are advertised as a way to curb smoking are also popular among teenagers. Nearly 21 of teenagers vaped last year. And its being called an epidemic for the first time, juul labs is allowing our cameras into the factory. This is where the injection of the eliquid takes placement. Reporter juul labs runs a Production Lab day and night filling some of the 60 million pods it sells every month. Kevin burns has opened his doors to us, aware of the firestorm his product category has ignited among families if we did this tour today with a parent of a teen who had been using or addicted, how would you defend all this . First of all, id tell them im sorry that their childs using the product. Its not intended for them as the parent of a 16yearold, im sorry for them and i have empathy. Reporter burns has removed some of juuls flavors. Their ads absolutely were targeting young people with lots of colo
That european equities are largely on holiday and think that trend does actually continue. The stoxx 600 is down by 1. 1 today. Theres a big china effect, but in this youre looking at names like hsbc, which has a u. K. Effect as well, but also a chinese effect. Plus some of the miners acting as a little bit of a drag. So stoxx 600 down, maybe moving away from that 460 level. The names that i think are actually interesting today speak kind of against that narrative. The european consumer seems to be alive and well right now. The u. K. Consumer seems to be alive and well right now, which is surprising considering what is being chucked at them. Marks and spencer, the stalwarts of the british high street, has been revamping its stores, refining its strategy. Its beginning to work. Theyve upgraded their numbers. But its interesting, its not just in clothing. Its also in high end groceries as well. This is fascinating. This was unexpected. Marks and spencer responding to it. Look at that sha