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Irans Oil Industry after comments by President Biden. Welcome to business today, live from new york, i m ritika gupta. Share prices in the us have been searching after great news regarding the us economy. The strike on the East Coast ports has also been suspended. It is not all positive news, though. Oil markets are still reeling from a comment by President Biden on thursday that the White House is discussing whether to support an attack by israel on Irans Oil facilities. This is how one of the...

And what would you do with a spare 25 Billion Euros . Thats the question facing the irish Government Today as it delivers its budget following a huge Tax Windfall from Tech Firms. Live from london, this is business today. Im lukwesa burak. We start in the us where in the last 30 minutes tens of thousands of East And Gulf Coast Port workers have started striking for the first time in nearly 50 years. This comes after the international longshoremen s association and the us Maritime Alliance were u...

The two major sticking points between the international longshoremen S Association and us Maritime Alliance are wages and automation. Workers are unhappy with the current contract, which spanned the pandemic, when Dock Workers stayed on the job and endured months of soaring inflation on automation, the Union Boss has been warning Dock Workers that their jobs could be replaced by machines. In response, the us Maritime Alliance has said its offering to keep the current ban on fully automated equip...

Parts of the southeastern United States in shambles, lifethreatening conditions continuing across multiple states in the u. S. As at least 25 people have been reported dead, including a fouryearold girl killed in a Car Wreck and claremont, North Carolina. Right now, Hundreds Of Miles. Hundreds of miles north of where Helene Made Landfall as a category four hurricane in florida are Emergency Situations are still unfolding more than 50 people are stranded on the roof of a hospital in irwin, tennes...

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...

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...

X and tiktok. Thank you so much for joining me today. First of all, was going on a short hiatus. Im taking two weeks off to go enjoy the warmth of other suns. Ill see you back here saturday, october 5th. Smerconish is up next they or wont day im Michael Smerconish in new York City today, ballots are now being cast in alabama, were 52 days away from the final day of voting. But whether there will be another debate remains in doubt. Tuesday night in philadelphia ended with a nearly unanimous decis...

The United States has threatened to impose sanctions on myanmar, following a Military Coup in the country. President biden has urged an International Response to the power grab, and called it a direct assault on democracy. Those detained include the head of the largest party, Aung San Suu Kyi, and other memebers of the civilain leadership. Troops are on the streets of the capital, naypyidaw, and the biggest city, yangon and a curfew has been put in place. Our special correspondent, fergal keane ...

Good evening, and welcome to ayman. Tonight, the Supreme Court says it will drop a decision in the morning speculated to be colorados 14th amendment case. As the court agrees to hear trump some unity claim, and polls just closed in the d. C. Republican primary. Did we mention it is almost Super Tuesday . Plus, the Vice President calls for an immediate sixweek cease fire as u. S. Diplomatic failure arrived by sky in gaza. And, facing the facts. At what Point Will James Comer and House Republicans...