Progress. A signal we are entering a new phase of our economy and our recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate our economic outlook since the pandemic began. Investors have cheered the cut, the dowjones industrial the neck i added 1. 5% in us dot markets. And the s&p 500 rose to all high times. Bbc s samira hussain has more from new york. 0ur the s&p 500 road i. 7%, the s&p 500 road i. 7%, extending this years gains to 20% and meanwhile the dowjones surged over 500 points to topping 32,000 for the first time in the majority of industry groups closed out the interest is higher and big tech outperformed as it was spurred to investors return to risk on mood and tesla gained 4% and more than 7% respectively. Stocks traditionally tied to economic growth jumped withjp economic growth jumped with jp morgan economic growth jumped withjp morgan chase and ca
Speaking last week, Mr Draghi highlighted limited innovation, high energy prices and a Skills Gap as part of the problem. Sarah hall is professor of economic geography at the university of cambridge. Shejoins me now. What are you expecting with this report . From what we have heard and briefings we expect a very long Document But One that potentially struggles to be really clear on how some of thoseissues really clear on how some of those issues could be tackled. For some reason that is really obvious and quite clear why that might be the case. Some of the challenges the us facing is very similar to other advanced economies in Europe And North america including the uk. For example, how do you drive up competitiveness as a regal thorny challenge that is hard to address. I think i will be looking out for what the report says around improving competitiveness, crucially how that might be financed, that is a really big questions. And how the eu and through this Report Mario draghi suggestin
We are 48 hours from the first debate between harris and trump. Harris and here team has been preparing trump s incoherence has gotten worse. They are going to save,ly onis going to save up a rocket. Can you imagine you are a parent and your son leaves the house and you say, jimmy, i love you so much, go have a good day in school and your son comes back with a brutal operation. Take a look at bacon in some of the products and some people don t eat bacon anymore this was caused by their horrible energy wind. They are so me andering his own supporters are leaving early. Clear at there point who trump, who long prided himself as a show man is losing the room. Trump is embedded in the public consciousness as a rule breaker for so long it can be easy to forget how far he is from fulfilling the basic requirement of a politician to speak clearly. Last week we saw what was arguably the most egregious example when trump did a q&a session at the economic club of new york. Watch. If you win in no