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We start here in the uk, where figures out earlier show the uk economy grew by 0. 2 between april and june following a rebound from an extra bank holiday for the kings coronation. Growth injune alone was stronger than expected at 0. 5 . High inflation remains a problem. The Bank Of England has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. So where is the Economy Heading . Were nowjoined by victoria scholar, who is the head of investment at interac...

more than 3/10 of a percent. this is what they call a bull run. the markets been on the upswing since october 2022, and its thanks to a few tailwinds. among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far its been able to cool inflation without tipping the economy into a recession. thats called a soft landing and its buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this...

among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far its been able to cool inflation without tipping the economy into a recession. thats called a soft landing and its buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22—year high. when interest rates go down, it makes it cheaper for businesses and individuals to bo...

we begin in the us in what could become the largest product liability settlement in history. the pharmaceutical�*s giant, johnson &johnson has proposed paying almost $9 billion to settle tens of thousands of lawsuits that allege the companys talcum powders causes cancer. the new move seeks to resolve all current and future claims and follows a decade—long legal battle between plaintiffs�* lawyers and johnson & johnson. my colleague samira hussain with the details. johnson &johnso...

we start here in the uk — where investors are now betting the cost of borrowing will have to keep rising because inflation remains stubbornly high. thats despite a pledge by the government to bring it down, and a barrage of interest rate rises by the bank of england attempting to get it under control. just a few weeks ago, we were assuming that after 11 increases in a row, the bank would not have to raise rates much further. but on wednesday, there was a major rethink on financial ma...

but is the boom sustainble? and could it be last orders for britains pubs? we take a look at warnings from owners that rising energy bills could devastate the industry. hello and welcome to audiences in the uk and around the world. im victoria fritz. we start in europe, where the continent is facing yet more pressure from russia as it halts gas supplies through the major gas pipeline nord stream 1. gas deliveries are expected to be interupted for three days due to �*maintenance,’ a...

hello, im sally bundock with the top business stories, and we begin with the upcoming face to face meeting between us presidentjoe biden and chinas president xi jinping. the two leaders are meeting on wednesday on the side lines of the asia—pacific economic cooperation summit in san francisco and the world will be watching to see if they can soothe their fraught economic and diplomatic relationship. in their first face—to—face talks in more than a year, they are expected to discu...

Theyve been in 16 years. by making borrowing more expensive, the fed has been trying to bring down inflation, but if they go too far, the us economy could slow down too much. live now to craig erlam, senior market analyst, 0anda. what do you think we can expect from jerome powell tomorrow? i fromjerome powell tomorrow? i think he will keep his cards relatively close to his chest, historically, especially in the last 15 years, there has been occasions when the jackson hole event the big keynote s...

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