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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...

Hello, welcome back. Lets turn to the deadly floodIng thats hIt Central Europe. At least 21 people have dIed In the czech republIc, romanIa, austrIa, and poland. The clear up operatIon Is underway In the PolIsh CIty of nIIsa, where more than 40,000 resIdents had to evacuate to hIgher ground. Than 40,000 resIdents had unusually heavy raInfall has caused extensIve damage across a huge area, wIth the storms set to move onto Italy next, wIth Flood Alerts In place for most of the country. Sarah raIns...

You look so wonderful in that dress i love your hair like that. Serenaded by Sheeran The Moment The Star surprised a school teacher, who was out for a jog after work. Im coming up, it is a repeat of the 2023 Champions League final as Manchester City get their European Campaign under way against Inter Milan later. Good afternoon. The United Nations says the timed explosion of pagers used by hezbollah in lebanon marks an extremely concerning escalation in tensions in the middle east. Health offici...

SImultaneously exploded across lebanon In what appeared to be a sophIstIcated remote attack. Hezbollah, whIch has Been desIgnated a TerrorIst OrganIsatIon by the uk, Israel and other western countrIes, has called It the bIggest securIty breach. At least nIne people dIed and nearly 3000 were Injured. Blasts were reported In supermarkets, homes and on the streets of the country, whIch shares borders wIth Israel and syrIa. Lebanons Health MInIstry says 200 people are In a crItIcal condItIon and tha...

Thereve been fresh explosions in the lebanese capital, beirut, and elsewhere in the country. The Health Ministry says nine people have been killed and more than Three Hundred injured. The lebanese News Agency says that todays explosions involved Walkie Talkies made by The Japanese company icom. As for Yesterdays Wave of blasts, iran has blamed israel for them. And hezbollah, has vowed to retaliate, and the Un Secretary General has warned of a serious risk of a dramatic escalation in the region. ...

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...

The trade implications. Scotlands only Oil Refinery is to close with a cost of 400 jobs the Unite Union calls it an act of industrial vandalism. And Credit Crunch why are so many Women Led bUsinesses cancelling Expansion Plans because they are unable to access finance . Well speak to one big bank trying to address that. Live from london, this is bUsiness today. Im mark lobel. The Aircraft Maker Boeing is awaiting news from its workforce on whether its accepted a four Year Pay Deal which could le...

Of Thousands Ofjobs for other programmes leaving the state. Our business correspondent, theo leggett, joins us now. As we heard, this is Notjust A grievance about rejecting a 25 pay rise, this is problem going back over 15 years, what is the history . We have seen in this vote which was absolutely emphatic, 96 of both pulled voted for the strike shows the depth of feeling between the workforce against management and how little trust there is between the workforce and bowing management. As you sa...

Why the Achilles heel of momentum strategies poses a risk.

The National Assessment of Educational Progress released assessment results this week that show 13-year-olds tested in the 2022-23 school year saw dramatic declines in math and reading compared to previous years.