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In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us eco...

This is bbc news, the headlines. At least 32 killed in lebanon after two days of exploding Device Attacks targeting hezbollah. Pagers and walkie talkies have been banned from flights out of beirut. Israel widely believed to be behind the attacks has announced what it calls a new phase in The War the United States is urging calm. The bbc reveals that the former Harrods Boss the late Mohamed Al Fayed has been accused of rape by five female ex employees. Evacuations in Northern Italy as Storm Bori...

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 dispe...

Caution at the Bank Of England. It keeps Interest Rates on hold but the governor tells us they are optimistic that Borrowing Costs are on the Path Down. Over on Wall Street though the party is back on. Shares hit a new Record High as the fed says the economys in a good place despite Itsjumbo Rate cut billion dollar breaks Australias Economy rides a wave of interest in surfing. It is the government fully with the sport . All those puns to come a little later in the programme. We start here in t...

Our north america business correspondent ritika gupta has the details. The 0. 5 percentage cut brings its key interest rate, the federal funds rate down to between 4. 75 and 5%. It comes amid signs of inflation in america is continuing to fall while thejob market america is continuing to fall while the job market remains strong even as unemployment has risen this year. The strong even as unemployment has risen this year. risen this year. The labour market is _ risen this year. The labour market...

the reaction in asia so far has been mixed. Our north america business correspondent ritika gupta has the details. The federal reserve has delivered a supersized interest rate cut aimed at bolstering the us labour market. The 0. 5 percentage cut, the first in over four years, brings its key interest rate, the federal funds rate, down to between 4. 75 and 5%. It comes amid signs inflation in america is continuing to fall, while the job market remains strong, even as unemployment has risen this y...

Delivered a supersized cut aimed at bolstering the us market. The first in over four years brings its key interest rate, the federal funds rate, its key interest rate, the federalfunds rate, down to between 4. 75 and 5 . It comes amid signs that inflation in america is continuing to fall while Thejob Market America is continuing to fall while the Job Market remains strong as unemployment has risen this year. Risen this year. The Labour Market is risen this year. The Labour Market is actually ris...

The entire country has emitted as much Carbon Dioxide since the 19505 as americans have in wait for it the last three days and in the uk, conservationists declare an emergency, as Butterfly Numbers fall to their lowest on record. We start this hour in the Middle East, where at least 20 people have been killed and hundreds injured in a new wave of attacks in lebanon this time its Walkie Talkies that have been detonated. The latest blasts come just 2a hours after pagers used by the armed Group Hez...

And late information here good Afternoon Everybody on Martha Mccallum and this is The Story. Here we go again it is astounding that we are now covering a second Assassination Attempt on the former President Of The United States. The suspect Ryan Routh may have been at that scene for as long as 12 hours. Lying in wait essentially before the Secret Service spotted his Rifle Poking out through the trees. On the sixth hole of the trump international Golf Course. Is the former president was on the fi...

Home one of entertainments premier black Job Creators for the biggest ambers team, im gonna go you all first. Heres your first question. Im going to show you a Clip Package referencing a major News Story from this week. And you tell me whats the store but the games begin okay, this guys making a cheesesteak shes okay. So this happened, benjamin franklin, even a cheesesteak know thats just regular people are eating dogs. Oh, the dog is oh, okay. Theres some anyones guess be anything, but looked m...