Points. That is the big question, is the market ready for a hike . The market is asking for a hike. The market is sitting up and begging for the hike, do the hike. You have a window. You have incredible momentum in the way people feel about the economy, all of the soft readings and things like Small Business confidence, home builder confidence, consumer confidence. This is the time to do these things. Dont wait until the next geopolitical whatever, which is probably right around the corner. I think the market wants it and expects it. If the market for some reason doesnt get it, do you think the market is going to sell off, right . I think it would. I think it would come back pretty quickly. It is not only about the hike but about the language that accompanies the hike. In my view, not only do i agree with josh in terms of market wanting and being ready for it. I think it is also ready for some firmer language in terms of the fed being more aggressive going forward. Everybody, consensus
Markets. And well be getting the inside track on one start up that is taking used batteries and giving them a second life. As the boss of United Airlines, we wa nt to as the boss of United Airlines, we want to know when have you wished youd apologised sooner . Just use the hashtag bbcbizlive. Welcome to the programme. As south africas president jacob zuma celebrates His 75th Birthday, the festivities may be rather more low key than usual. In less than a week, the countrys members of parliament are scheduled to hold a vote of no confidence against the president. Why . It comes after he ousted some of his key political opponents in a recent cabinet reshuffle. Today, members of the public are expected to take to the streets in protest at the move, but mr zumas decision also has big implications for the economy. South africa has been downgraded to junk status by two of the leading debt ratings agencies, fitch and s p. They argue that the reshuffle will hamper the countrys efforts to manage
Otherwise were getting slow in virginia, between stafford and wood bridge, theres a little bit of ai delay. Cheers from the delegates ahead of last nights Republican National convention. Today, it is all about unity. Not just for the party but for the entire country. Four things to know heading into the final day of the conviction. Todays theme is make america one again. Donald trump will formally address the delegates tonight. Hes expected to accept the nomination for president of the United States. Trumps daughter ivanka will be inducing him. With more from cleveland, heres Chris Lawrence with a preview. It as all come down to this. Todays theme is make america one again in which the campaign tries to promote the kind of unity that b together instead of dividing it. Now that may be tough considering some of the harsh rhetoric weve heard this week as well as the chants of lock her up every time Hillary Clintons name was mentioned. But spearheading the effort is going to be ivanka trum
Annenberg media one of its major banks the Knickerbocker Trust, closes. One man commits suicide. The Banking System nearly collapses. What is it about banking that could lead to such a calamity . Inhe 192 the Banking System helped spread prosperity. In t 1930s it dragged americaown. How could a holiday put an end to the deepening crisis . Banking deregution cost taxpaye almost a half trillion dollars. Did banks need more regulation or less . Our nation has long tried to protect the banking business, but weve never eliminated all the risks. The Banking System why must it be protected . Economic analyst richard gill and i will investigate that question on economics usa. Im david schoumacher. Captioning made possible by the Annenberg Cpb project americas businessmen and women know how dependent they are on a Friendly Bank for their success and the growth of their communities. Americas Banking System has provided that success and growth for more than a century. Although most banks are heal
It dragged americaown. How could a holiday put an end to the deepening crisis . Banking deregution cost taxpayers almost a half trillion dollars. Did banks need more regulation or less . Our nation has long tried to protect the banking business, but weve never eliminated all the risks. The Banking System why must it be protected . Economic analyst richard gill and i will investigate that question on economics usa. Im david schoumacher. Captioning made possible by the Annenberg Cpb project americas businessmen and women know how dependent they are on a Friendly Bank for their success and the growth of their communities. Americas Banking System has provided that success and growth for more than a century. Although most banks are healthy and longlived historically we have faced bank failures. While we can accept other businesses failing with a shrug a bank closing is another matter, as we learn in our story. New york early in the century, Financial Capital of america. It was money that ke