welcome back to morning joe. it is 6:00 a.m. on the west coast and 9 a.m. here in washington, d.c. we have breaking news on the economy. it is bad news for consumers, it is bad news for working-class americans. it is bad news for middle-class americans. it is bad news for people invested in the stock market. it is bad news if you have retirement accounts because they will be going down. but it is good news if you re a republican running for office in four weeks. the year-over-year inflation rate barely slowed last month from 8.3% in august to 8.2% in september, the last report before november s midterm elections and the last report. a key federal reserve meeting early next month on how much they re going to raise interest rates. let s bring in cnbc s dom chu. dom, wall street s going to be partying like it s 1981, which means they re not going to be partying. going to be ugly out there. take us through it all. all right. so, joe, mika, to your point here, there s no easy
by the union leadership. half of britain s rail lines will be closed when workers walk out on tuesday, thursday and saturday. these strikes are not only a bid to derail reforms that are critical to the network s future and designed to inflict damage at the worst possible time. iam in i am in the devon constituency which has been conservative for 100 years. we will hear for the labour candidate where it may not be so certain that it will stay that way. hot and getting even hotter britain s heatwave expected to peak tomorrow with temperatures of 3a degrees celsius. good afternoon. borisjohnson s ethics adviser, who resigned last night, has accused the prime minister of putting him in an impossible and odious position. in his resignation letter, lord geidt said the prime minister had asked him to consider measures, understood to be on a trade issue, which risked a deliberate and purposeful breach of the ministerial code. lord geidt s letter also says he came close to quitting
Democrats suffer a big blow. Republicans are celebrating after winning a critical election in georgia. Its a huge boost to President Trump. Saudi arabia shakes up President Trump. Saudi arabia shakes up succession plan. How did this hope goes so wrong . Marco rubio jokes he is launching an investigation after this hug with a banker trump missed the mark. Ivanka. Im Christian Fraser here in westminster and kathie kay is with us westminster and kathie kay is with us In Washington. Rarely could the queen have delivered such a speech so queen have delivered such a speech so thin and detail and it is supposed to steer the course of parliament for the next two years. It seems that many of the governments Manifesto Promises have disappeared along with its parliamentary majority. There was no controversial mention of the demnetia tax or the scrapping of school lunches. There was also no mention of Donald Trumps proposed state visit this year although the Home Secretary has confirmed it will go
Policy is the hardships and a client of the communities that i live work and dear europe, people from across britain say farewell to the eu. It has taken nine months but today britain took the decisive step towards leaving the European Union, and a relationship that has bound this country to the continent for over a0 years. The british Prime Ministers letter just six pages long was transferred to the president of the European Council by the uks ambassador to the eu. That very simple process triggers article 50 beginning two years of devilishly difficult negotiation. The deal that is agreed or maybe there will be no deal agreed but either way the outcome holds consequences not only for the four nations of this United Kingdom but also for the future of the European Union. We will look at all of that tonight, but first lets hear from our Political Editor Laura Kuenssberg on this momentous day. Some moments make us. This is one. The minute In Westminster, belfast, edinburgh and cardiff tha
And World Business report. Terms of disengagement. The eu will set out its stall on brexit later but britain says trade talks must get under way at the same time. Plus cash cows and Spread Betting. Why the price of butter is soaring on us markets. Welcome to World Business report. If you are in britain it is nice and early, stay where you are and give me eight minutes, nine minutes they just told me, and i will give you an exciting snapshot of the exciting world of business and money. We start in malta, where later this morning Eu Council President donald tusk will present europes guidelines for the brexit negotiations. The key question for britain can it negotiate a Future Trade Deal with the eu at the same time . Or, as france is insisting, must it wait until exit talks are done . Two years is already seen as tight to do such a complex trade deal. So what happens if one cant be done in time . For a start, these tariffs are Customs Taxes slapped on imported goods. They range from arou