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CNN At This Hour With Kate Bolduan July 7, 2024

raising interest rates five times this year to combat inflation. and even with this new report, economists say people should still be bracing for the possibility of a recession in tough times ahead. so let s get to the new report and what it means and what is it doesn t. matt egan is here. and what does this good news say about what is next? well, kate, not that much. this is a rearview mirror number. it is a snapshot in time. we know the economy got knocked down in the first half of the year, but it got back on its feet this summer. gdp rising 2.6%. that is solid. consumer spends slowed but it is still positive. i think that this should silence the argument that the u.s. economy is already in recession. right. gdp is positive, the jobs market keeps chugging along. new numbers show that initial jobless claims which is a proxy for layoffs, they remain low. at pre-covid levels. how you could have a recession if you don t have playoffs. this is so confusing. because ....

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BBCNEWS BBC News July 7, 2024

hurricane ian? absolutely, although it s been downgraded to a tropical storm ida it was one of the most powerful to hit florida ranked it s not finished with its damage. there is still rain to fall in florida and as you can see it s very extensive, the rain heading into northern florida and into georgia and the carolinas so again a lot of storm surge potentially here, five or six feet, nearly two metres and several hundred millimetres of rain forecast for other states in the usa in the south east in the next couple of days. close to our shores nothing quite as stormy but we do have our first autumnal gale is coming quite widely tomorrow with some wet weather as well, so quiet today in contrast, we ve got few wish i was around, more sunshine. the wind, that chilly northerly wind, starting to ease a bit so in the sunshine away from the showers, 16 17 feels quite pleasant, we are still in september after all but it is all change. not tonight necessarily in the south and ea ....

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BBCNEWS Breakfast July 7, 2024

what we know for them and for you. also this morning. the mother of nine year old olivia pratt korbel appeals to the gunman who killed her to hand himself in. you know you ve done wrong. so you need to own up. like i ve taught my kids. an electric atmosphere at celtic park wasn t enough the scottish champions on their return to the champions league group stage. they were beaten by the holders real madrid. and whilst we will have some persistent thundery rain this morning in northern scotland elsewhere changeable skies. sunshine one minute, i will have all the details on breakfast. it s wednesday the 7th of september. a new era in british politics. the first full day in the newjob for our new prime minister. the cabinet will meet over breakfast and discuss a multi billion pound plan to tackle the soaring cost of living. last night liz truss rewarded some of her key allies and friends with senior jobs. a major reshuffle of the cabinet. we will talk you through that. that took p ....

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BBCNEWS BBC News July 7, 2024

quite but it does mean that you ve got quite big but it does mean that you ve got quite big voices in the backbench who got quite big voices in the backbench who got the potential to cause destruction. sol who got the potential to cause destruction. so i think there s probably destruction. so i think there s probably a window wisdom to keeping probably a window wisdom to keeping your enemies close. i think the last keeping your enemies close. i think the last two keeping your enemies close. i think the last two cabinets have become very good the last two cabinets have become very good at showcasing diversity, and of very good at showcasing diversity, and of course, the appearance of diversity and of course, the appearance of diversity does matter. of course it does diversity does matter. of course it does. genderand diversity does matter. of course it does. gender and ethnic diversity, seeing does. gender and ethnic diversity, seeing people in pu ....

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BBCNEWS The Papers July 7, 2024

for a surviving suspect following a mass stabbing, which claimed 11 lives. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are sam lister, political editor of the daily express, and rachel shabi, journalist and author. the appointment of the prime minister dominates the front pages. the metro quotes liz truss, saying britain can ride out the storm. the ft focus is on her plan to guide britain out of what it calls the energy storm. the express says that plan is likely to involve freezing bills at two and a half thousand pounds. the i warns the plan will have to be paid for by the energy consumers or by pack tears taxpayers. the garden uses the image of a storm and says the reshuffle has been brutal the guardian. in the telegraph says the new cabinet, including therese coffey as deputy pm, as most diverse in history. and the sun pictures the meeting between liz truss and the queen, with both saying, hello, liz. and hell ....

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