Alive that the consumer keep spending. The fed has two ways to look at it. The economy is slowing or the economy is hanging in there where it was with job creation little lower, but wages rising and the workweek a little bit longer. That means the expansion keeps going. David the question is what does it mean for the fed. Lets talk about that as we are waiting for jay powell to speak. We will come back to Michael Mckee. In the meantime, Kevin Cirilli at the white house. Finally, we have a plan from the white house on what to do with fannie mae and freddie mac . Kevin they are calling it a roadmap. Steven mnuchin unveiling a plan that would reprivatize fannie mae and freddie mac. It was back during the Bush Administration that the republican part of that 190 billion bailout from taxpayers issued a conservatorship for fannie mae and freddie mac. As of now, they make up about half of the mortgages in the 11 trillion Mortgage Market. It is a long shot to get them privatized. Even behind th
Vonnie the bloomberg Commodity Index is lower than it was during the hanging meltdown. New york oil is hovering around the 50 per barrel mark which is the lowest its been since april with speculation the Global Oil Glut is not going away. The greek exit from the euro may be back on the table next year. Almost 0. 75 percent of the euro says they will be out of the euro in 2016. The bailout package should be too small. A newspaper and i will his race for the residential nomination. The Des Moines Register calls him names. He commented on immigrants and make comments about john mccain. He has surged into the lead for the republican nomination. A new poll shows he is the favorite of 24 of republicans and those leaning that way. Nike has given Ceo Mark Parker a stock or that is 10 times higher than what usually gets. He has restricted stock with a target of 30 million but he gets it if he stays with nike another five years. The cofounder has endorsed parker to succeed him as chairman next y
710ths green arrows for major in deksz. Ftse up. Germany, dax up. Gains in france after the French Election there one of the biggest majorities theyve seen in post war france. You can see crude oil markets up slightly still below 45 a barrel following developing story from london, a van plowed into a group of pedestrians outside a mosque injuring ten people it happened as worshippers were leaving evening prayers. Metropolitan police say the driver of the van was taken into custody and theyre treating the incident as potential act of terrorism. Almost one year since britain voted to leave European Union. Formal brexit talks begin today. David davis is meeting with eu chief negotiator in brussels that kicks off the process that must be completed by march, 2019 discussions come less than two weeks after Prime Minister theresa may and her conservative party lost the majority in parliament, adding to further uncertainty when it comes to these talks. And becky alluded to this in other politi
The yorkshire batsman says he feels privileged, humbled, and very excited. And who would have thought bell ringing was a dangerous hobby . Well, sadly one man at Worcester Cathedral knows first hand. Good evening and welcome to bbc news. A bbc investigation has exposed widespread drug abuse and Security Failings at one of britains biggest prisons. An undercover reporter from the bbcs Panorama Team spent two months working as a Prison Officer at a privately run prison in northumberland. He found inmates threatening staff and even a hole in a prison security fence. The Ministry Ofjustice says its looking into the allegations. Heres our special correspondent ed thomas. Undercover in one of our biggestjails. Bbc panorama filmed the drugs feeding addiction inside. And the staff pushed to their limits. Hmp northumberland is a private jail run by the French Company sodexo and home to more than 1,300 inmates. And for two months, bbc panoramas joe fenton. On his first day, 2. 5 kilograms of spi
The yorkshire batsman says he feels privileged, humbled, and very excited. And who would have thought bell ringing was a dangerous hobby . Well, sadly one man at Worcester Cathedral knows first hand. Good evening and welcome to bbc news. A bbc investigation has exposed widespread drug abuse and Security Failings at one of britains biggest prisons. An undercover reporter from the bbcs Panorama Team spent two months working as a Prison Officer at a privately run prison in northumberland. He found inmates threatening staff and even a hole in a prison security fence. The Ministry Ofjustice says its looking into the allegations. Heres our special correspondent ed thomas. Undercover in one of our biggestjails. Bbc panorama filmed the drugs feeding addiction inside. And the staff pushed to their limits. Hmp northumberland is a private jail run by the French Company sodexo and home to more than 1,300 inmates. And for two months, bbc panoramas joe fenton. On his first day, 2. 5 kilograms of spi