I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring in steven schoenfeld, ceo of financial Data Provider marketvectors here in New York. We see equities rallying today.
Thank you for watching Newsnight State of the race. Laura coates live starts right now live defying reality. Donald trump makes a campaign prediction, but not even his own supporters are buying. Plus, diddy is not getting out before his trial. A judge denying him bail again so what exactly will his life like in that Brooklyn Jail ive got a special guest who is ben there . Hes going to join us. And 48 the election. And Donald Trumps path to 270 seems to be well expanding lees according to him we are going to win New York. And thats the first time in many, many years that are republican can honestly say it. And were going to do, and we have to do it. We do it. And the election nationwide is over you heard him he thinks the state he lost by more than 20 points in 2016 and by The Way, in 2020 is in play he dedicated nearly two Hour Rally on long Island Tonight to make that very case and in the immortal words of dodgeball so bold strategy cotton, lets see if that pays off for them look, who
In what could have huge implications for the club. It lastly dry and pleasantly warm weekend ahead. I will have all the details right here on breakfast. Good morning. Its monday the 16th of september. Our main sTory the us Secret Service has thwarted a suspected Assassination Attempt on Donald Trump while he was playing golf at his resort in florida. The former president was rushed To safety when agents spotted an Assault Rifle aimed Towards the course. A suspect has been arrested. In a statement, Mr Trump said he was safe and well, but this appears To have been the second attempt on his life in a matter of months. Graham satchell reports. Its blocked. They blocked it off. The I 95 in florida, and pictures Taken by a Passing MoTorist show a large number of police surrounding a vehicle. Law enforcement officers have just detained a man suspected of attempting To assassinate Donald Trump. He was driving the black car seen here at the side of the road. The former president was playing gol
Project 2025 tax project 2025 tax plan would cut taxes for households making more than 10 million a year. By an average of 2. 4 million a year. Which is great news, for the hyper wealthy. But what about for the rest of us . This is a visualization of the added tax burden for these middleclass married couples with two children under project 2025 tax plan. Families by that description that make anywhere between 35,000 a year and 175 a year would all see their taxes go up. A married couple making a collective 80,000 a year would see nearly 2000 more in federal taxes a year. The same is true for single americans. Every american making between 75 and 85,000 a year would see their taxes go up. There is a very good reason that donald trump claims to have nothing to do with project 2025 every time hes asked. Now, compare the nonsense in here to Vice President harriss tax proposal. At the core of the proposal is a continuation of the Biden Administration promise that no one making less than 400
It is tuesday, so i must be talking about, you guessed it, project 2025. Digging through this 900page tome is my work until election day. Then theres this other part, cutting taxes for corporations and the wealthiest among us. Now, today the progressive think tank, center for American Progress, released an analysis of what project 2025s tax plan would actuallys look like for Americas Bank accounts if trump enacted it. The top lines in this thing are amazing. According to the center for American Progress project 2025s tax plan would cut taxes for households making more than 10 million a year by an average of 2. 4 million a year, which is great news for the hyperwealthy, but what about for the rest of america . Check out this chart. This is a visualization of the added tax burdensu for a middle class a married couple with two c children under project 2025s tax plan. Under the plan families by that description that make anywhere between 35,000 a year and 170,000 a year would all see their