Consumer Consumption News Today

South of france and corsica fight huge forest fires banned by high temperatures and strong winds. Close to the Tourist Resort of saint tropez, nearly 2000 Fire Fighters have been put into action as dozens of homes are evacuated. And britains adam peaty has broken his own 50 metre breast stroke world record, in the heats of the World Swimming Championships in hungary. Good morning. Its tuesday the 25th ofjuly. Im ben brown. Welcome to bbc Newsroom Live. Builders could be banned from selling new h...

>> good morning. >> the president announced more tariffs are coming december 1. is this a done deal? what does it mean? >> president trump signaled additional tariffs, $300 billion on chinese goods, is going to hit husband hard. when it comes to consumer consumption, thats 75% of gdp. thats a huge economic engine. if people show up at walmart or target and see the sneakers are twice as much or dress and they cant afford it, it will have an impact on the economy and gdp. when you look at gdp, wev...

Cowards and liars. shep? >> shepard: jonathan hunt live in san diego. now salmon. salmon meet science. the feds have now approved genetically modified salmon for consumption. delicious. it could show up in restaurants as early as late next year. weve heard about genetically modified plants, right? no animals till now. workers produced the salmon by injecting them with dna from other types of fishes. it apparently makes them grow much more quickly than other salmon and the rules say that people s...

Through. but if they do, that would be an enormous plus for the economy. so im quite optimistic about the future of the u.s. economy. i love the tax bills. i love the deregulation. i think all of that is working. were getting the growth. were getting tax revenues. all of that is nice. and im pretty hopeful. >> its nice, but going back to the fact that president trump is the only person who can ruin this, and hes doing his best is the fact that we have a government shutdown on our hands, that it ...

Yet. were not at that 2% rate that the central bank wants to see. so that means that we could see low interest rates for a lot longer than most people anticipated. >> its interesting, because the fed doesnt want to do anything with the interest rates right now because there is a bit of sort of a propping up and they dont want to pull out too fast or raise too quickly because, once that happens, the results may not be what they want. >> yeah. and then the big question is, what happens when everyb...

Create jobs. the jobs bill is sitting there three years that kong refuses to pass. >> they say it is moving in the house but not picked up in the senate. where are the pro economic policies? >> heres the problem. sorry. >> they are not there. heres the problem, the answer that julie couldnt give you. there is no confidence in america. consumer consumption makes up for 56 percent of americas gdp. small businesses who create half of americas private sector jobs are scared to death and they dont tr...

>> the best part of the job is coming to places like this, right here in iowa where you can talk to everybody and everyday americans. theres plenty of fear and anger right here in americas heartland and indeed across the country right now. i sat down with the president just a little while ago for an in depth interview about job, the economy, the 2012 campaign. the war on terror and a lot more. specific about the short-term plans for boosting the economy and how it could make or break h...

Feet, now weve got to put money in the hands of consumers. bill: that was the stimulus, oscar. >> excuse me? >> bill that was t.a.r.p., the money that went to the banks. the stimulus, everybody thought it was going to rebuild the structure of -- the infrastructure of america. >> no, we stopped the stock market for crumbling, that got done, okay? away from that, the banks are stable enough, now you got to get money in the hands of consumers. as we know, 70 percent of our economy is consumer consu...

Will come out on friday and consumer sentiment could be impacted by the gulf oil spill. analysts believe that hurt the index last month. so for more on what to expect from the economy this week lets bring in neil irwin financial reporter for "the washington post." good morning. >> good morning. >> getting worse? an economist at moodys is saying theres a chance the economy will soften a 25% chance we could have another recession? what do you think? whats going on? >> its pretty scary. whats goi...