Demand Shock News Today

great to have you here, jacqui. >> jacqui: im jacqui heinrich in for john roberts, hes off today. a crime story terrifying people on the north side of chicago. just this morning, a spray of bullets ringing out at a frat house party to kick off homecoming weekend at southern university in baton rouge leaving nine people wounded. >> sandra: about this time yesterday in cleveland when a gunman stormed a barber shop and shot five people, one of the wounded still fighting for his life. >> j...

greater interest? as you said, the doj has a strong interest in getting access to these documents right away, because they need to resume their criminal investigation. the federal government, in general, needs to say that theyre in danger. spies, intelligence assets, that kind of thing. on the flip side, the court says, donald trump has no possessory interest in these records. what this means, is then the doj right now. they would have to return to the special master, and they were, pr...

why do the doj have a winning argument? >> well it came down to who has the greater interest, on one hand -- doj has a really strong interest in getting access to these documents right away, because they need to resume their criminal investigation, and the federal government in general needs to look at these documents and decide if people are in danger, spies, intelligence assets, that type of thing. on the flipside, the court says donald trump has no possesses or interest in these rec...

bertran. good morning. what is the president doing right now? i know that he said some words just a short time ago. >> reporter: yeah, good morning, laura, so right now the president is meeting with members of the north atlantic council which is the main political and policy making body of nato. and of course in that meeting is turkey. and one of the biggest diplomatic achievements of this entire summit has been turkeys dropping of its opposition to sweden and finland actually joining ...

Underpinning much of the bonanza is optimism that US regulators will soon give their first blessing for an exchange-traded fund that invests directly in Bitcoin. Investors will find out by Jan. 10 if that bet, which crypto bulls consider a near-certain winner, pans out.

UK Banks' Modest Valuations Look Attractive Ahead of 1Q 0951 GMT - U.K. banks are trading better than the market thinks but confidence will build gradually rather than in one worry-busting reporting season, says UBS in a note. "Though lenders are ... | 07:14am

The FTSE 100 closed Friday up 0.4% to 7,871 points, marking its eighth consecutive day in positive territory, supported by the financial-services sector, while investors' optimism that the Federal Reserve might cut interest rates later this year on the... | 12:05pm

Indonesia has managed to be one of the few countries in the world that sustained its economic performance even through a global aggregate demand shock

Powell, said that the fed is committed to getting inflation down to 2% annual growth. take a listen. >> to accomplish that, we think we will need to do two things in particular. to achieve a period of growth below trend, and some softening and labor market conditions to foster a better balance. >> to fix inflation, you need to slow down growth on the job market? how do you do that without hurting more people? >> there are two ways to fix inflation. part of it depends on what you think is driving...

People? >> there are actually two ways to fix inflation, and part of it depends on what you think is driving inflation. if you think what is going on right now is that there are too many people with too much money trying to buy too many goods, thats what economists would call a demand shock, then the way to reverse that would be to get people to spend a little less, and thats what high interest rates do. there is actually another approach to fighting inflation, and thats if you think prices are ...