It shows, by the by, that the labor market is still strong the, consumers and wage earners are still strong. As i said, america is working. I think people are underestimating the underlying strength of this economy, and i want to also add this it is a middle class boom. This is a middle class boom. This is a blow outnumber, you know . Well see if the next one and the one after that are great, but theres no question this is an outstanding report well above expectations. Maria meanwhile, as expected the Federal Reserve cut Interest Rates for a third time this year by another 25 basis points. The First Reading of the u. S. Gdp grew at better than expected rate of 1. 9 . Joining me right now is jason brady, president and ceo of Thornburg Investment management. Its great to have you, thanks so much for being here. Sure. Maria you are managing, what, your 14 billion fund is the income builder fund. This is, what, global dividend payers . A supportive element of fixed income, exactly. Maria h
It shows, by the by, that the labor market is still strong the, consumers and wage earners are still strong. As i said, america is working. I think people are underestimating the underlying strength of this economy, and i want to also add this it is a middle class boom. This is a middle class boom. This is a blow outnumber, you know . Well see if the next one and the one after that are great, but theres no question this is an outstanding report well above expectations. Maria meanwhile, as expected the Federal Reserve cut Interest Rates for a third time this year by another 25 basis points. The First Reading of the u. S. Gdp grew at better than expected rate of 1. 9 . Joining me right now is jason brady, president and ceo of Thornburg Investment management. Its great to have you, thanks so much for being here. Sure. Maria you are managing, what, your 14 billion fund is the income builder fund. This is, what, global dividend payers . A supportive element of fixed income, exactly. Maria h
Invented over centuries as different groups of people from the americas, europe, and africa converged and combined his experiences. Why rum . What is interesting about rum is it is ubiquitous. It is something, we look at the example of George Washingtons mount vernon, everybody is drinking rum. It is served on washingtons table. Martha washington says rum may always be had. It is being imported from a distillery locally in alexandria, virginia and also from the caribbean. It is having an internal economy bringing in workers who get their wages in rum. Enslaved people receive rum for anything from childbirth to rescuing a cow. It is one of these moments where you can see how different groups of people we dont always think of interacting around an item part of everyday life. Where and when is it invented . I argue in the book it is invented in barbados in the early to mid17th century when europeans from england and scotland and native people from south america and africans arrived in bar
Minefeld in angola. Coming up on afternoon live all the sport with john. World atheltics championships in doha getting underway. They are due to start any minute now, out into hat, agitate, by the heat and he militates proving as much a talking point as much the track. Thanks john and stav has all the weather. Unsettled weekend in prospect. We had very heavy showers around this afternoon, blustery winds, too. A little bit of sunshine, a rainbow behind me. As we head on into the weekend, something very disruptive. We could see in gales and heavy rain, all leading to some travel disruptions. I will have all the detail a bit later on. Thanks, stav. Also coming up well talk to a travel writer as saudi arabia announces itll open its doors to International Tourists as part of a broader push to cut its dependence on oil. Hello, everyone, this is afternoon live. The former cabinet minister amber rudd has accused number 10 of using aggressive language that does incite violence. In a newspaper i
This hearing of the Senate Agriculture committee. Its about an hour and 45 minutes. Morning. I call this meeting of the Senate Committee on agriculture under order. We are happy to have you back here again before the committee to discuss the need for certainty in our Global Agriculture markets. International trade policies and their impacts on the United States agriculture economy has been a topic of great interest over the last few years and more particularly the last few months. In fact, this is the second time in the last year that we are hearing about the efforts being made at the office of the United States trade representative and the department of agriculture, efforts that i hope will eventually result in longterm reliable markets for the United States agriculture. A great deal has happened in the nine months since you all appeared before this committee. Perhaps the most significant to our members was the successful package and enactment of the 2018 farm bill with the help of ev