2 35 News Today

In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us eco...

the reaction in asia so far has been mixed. Our north america business correspondent ritika gupta has the details. The federal reserve has delivered a supersized interest rate cut aimed at bolstering the us labour market. The 0. 5 percentage cut, the first in over four years, brings its key interest rate, the federal funds rate, down to between 4. 75 and 5%. It comes amid signs inflation in america is continuing to fall, while the job market remains strong, even as unemployment has risen this y...

Hello and welcome to Central London when in two hours we will get that second and final report into the Grenfell Tower Fire disaster in which 72 people lost their lives a little over seven years ago. The inquiry has been running more than six years. The culmination of so much work. And, of course, some key people will look for answers and they include bereaved families, families and friends of the 72 people, the survivors of the fire as well as the wider Grenfell Tower community. I spoke to a su...

Hello and welcoMe to Bbc Hello and welcoMe to bbc news. Hello and welcoMe to bbc news. You oin us in Central London you join us in Central London outside the building where for more than six years the public inquiry into the Grenfell Tower Fire has been taking place. More than seven years on from the Grenfell Tower Disaster which claiMed 72 lives. Theirfamily their family and friends are hoping for answers from this report. SoMe of them did not want this public inquiry to coMe first. They wanted...

ukraine. the white house news conference is still ongoing, but less prostrate to washington and speak to our correspondent nomia iqbal. —— lets cross straight. take us through what jake sullivan said. cross straight. take us through what jake sullivan said.— jake sullivan said. more or less concerned _ jake sullivan said. more or less concerned that _ jake sullivan said. more or less concerned that the _ jake sullivan said. more or less concerned that the us - jake sullivan said....

party again. congresswoman becca ballet of the budget committee is here to discuss. reparations, a judge dismissed a lawsuit from survivors of the tulsa massacre as california considers its own a statewide plan. i will talk with the chair of a californias reparations task force and al sharpton about this burgeoning a national debate. im jonathan capehart. this is the sunday show. this morning, president biden flies to europe. he will meet with king charles iii and the british prime min...

long. >> its been a rough start to the summer season, and were seeing the worst of it now shifting. a lot is going to go where you have a lot of friends, heading toward the west coast. so far most of the suffering has been throughout the south, texas, a hot fourth in areas of the northeast, and today the hottest has been in the areas of south florida, miami feels like 105 degrees. the problem with miami is its been very humid too, and hasnt had time to cool off. last week at one point,...

sending controversial cluster munitions to ukraine. what that could mean for the war. also today, extreme weather. millions are at risk of record-breaking temperatures and severe storms as well. and then in washington, new fallout from the discovery of a bag of cocaine at the west wing of the white house. what congress is now demanding. and a medical breakthrough, the fda gives full approval for a new alzheimers drug, but it comes with a serious warning about potentially deadly side ef...

have to live in so far, we will talk tonight about the us to the decision tonight about the us to the decision to supply cluster munitions to ukraine and the latest request from president zelensky for long—range weapons. the war in ukraine and the resulting energy crisis is weighing heavy on the german economy. figures out today such germany is heading into its longest sustained recession since 2008. data from the first two months of this quarter the alliance meets in vilnius next we...

today on" inside politics", new and exclusive reporting reveals the special counsel is asking questions about an oval office free for all, and the free yeo who pushed donald t trump. plus, hiring is solid, but new numbers fall short. does it all point to another rate hike from the fed that could crunch your credit? and the freedom caucus purges marjorie taylor greene from its ranks over questions about where her loyalties lie, to the hard right or to the house speaker. im abbey phili...