Page 5 - Consumer Side News Today

>> its the 8 a.m. hour of "fox & friends" weekend starting with this. president biden channeling jeb bush with his own please clap moment at west point. >> america is strongest when we lead not only by example of our power, but by the power of our example. you can clap for that. [applause] >> ouch. all right. to a moving commencement address a texas high school valedictorian will join us live after giving this powerful graduation speech honoring his lates father hours after he was laid...

Its monday the 24th ofjuly. Welcome to bbc Newsroom Live. The parents of Charlie Gard Return to the High Court Today, with the judge set to consider new evidence from a us neurologist. His parents want to take their terminally ill baby to america for experimental treatment, but doctors at great 0rmond Street Hospital believe it wont work, and say the ii month old should be allowed to die with dignity. We can speak to our news correspondent, helena lee, whos outside the high court. What are we ex...

Business news and analysis. The book, so maybe the president could be right about that. Something that the president knows hes got some backup on when pushing this issue, trish, of immigration and his national security, he was standing there with guiseppe conte, the new Prime Minister of italy that won office based on wanting to reform italys Immigration Laws and tighten Border Security there. Angela merkel, who is not exactly a huge fan of the president , has recently said that germany is going...

Realistic picture. over three months, economic activity shrank by a fifth of a percentage point, which is slightly worse than economists were expecting. 0n the consumer side of things, where consumers are really feeling the pinch right now, consumer facing services are well below where they were, 6% below where they were pre—pandemic. it is a very mixed picture. 0ver where they were pre—pandemic. it is a very mixed picture. over three months, a slightly more sobering picture. months, a sligh...

The professional level and the grassroots as well. katie silver, bbc news, sydney. the semiconductor industry is facing a glut of excess stock, an idea that seemed impossible during the 2020—2022 chip shortage. live now tojosep bori, research director, thematics division at globaldata. this is quite a surprise, really. what is behind this chip glut?— really. what is behind this chi alut? ., chip glut? good morning. the chip glut? good morning. the chi ulut chip glut? good morning. the chip g...

And the increasing use of ai is going to create a lot of demand for high—end chips and a lot of them will come from taiwan so there is a cycle going on right now, of a period of weakness at the moment. it should be better by the end of the year into next year. how concerned should these asian economies be about chinas economic growth because 5% growth target is not bad at all but at the same time we have been getting quite a lot of week data and some expressing concerns that china could actual...

The numbers are down. business equipment is falling. when you see the business side weaken, fall, and so forth. thats a leading indicator of recession. it is not the consumer side that leads when you have down turns, its the business side. my point is these were very soft numbers and on the wage side if i can add to that, wages -- average weekly earnings up 3.7%, up 3.7% for the month of june, average weekly earnings. that is again below the inflation rate. the average hourly earnings 4.4% is ev...

Year and in february he was thusly —— the slow reopening so we are still very early into the recovery in china. we have only had march and april official data being released so thatis official data being released so that is two months of data. i think one of the things that our contacts tell us there is at the recovery has actually been pretty rose —— pretty robust on the consumer side. what you are seeing is a two speed economy and the sectors most directly impacted by covid are recover...

Expectations. _ panic. i think has to do a with expectations. as _ panic. i think has to do a with expectations. as your - panic. i think has to do a with. expectations. as your previous guest had reviewed that china did their departure from zero covid in december so you had that first reopened wave in december and january leading to chinese new year and in february slow reopening of chinese new years we are still very early to the recovery in china. we have only had march and april official dat...

So things such mineral oils, crude petroleum and natural gas as well as food, theyve all gotten cheaper. the quantum of the easing bill, a —3.5%, was more than what both analysts were expecting, but wholesale inflation will continue to fall further and remain in the negative territory for at least a few more months, but they will be watching out for is any upward movement in crude oil prices or severe el nino—like conditions that could impact agriculture because that poses an outside risk to...