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as inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 20...

as of today, the bosses of britains biggest companies will have made more money in 2024 so far than the typical worker makes all year. and that pay gap is growing. the average pay of the top ftse 100 chiefs amounts to £3.81 million per year, including pensions — according to the think tank, the high pay centre. thats equivalent to — wait for it — £1,170 an hour — 109 times the average worker whose median annual salary is just under £35,000. sorry to upset your lunch or dinne...

thats according to the think—tank, the high pay centre — who have calculated that the average pay of top bosses will overtake the average full time workers annual pay by 1300 gmt today. joining me now is susannah streeter. happy new year. anybody looking at those and struggling on an annual salary of 34,963, the average, will be aghast. take a through the figures. be aghast. take a through the fiaures. . , be aghast. take a through the fiaures. ., , ., , be aghast. take a through t...

if you have joined if you havejoined us, you are welcome and we are looking at the top business stories. we start here in the uk, where there is some relief for millions of people facing soaring housing costs. lenders have started the new year by slashing the cost of mortgages as financial markets bet the bank of england will soon begin to cut interest rates from their 15—year high. from today banking giant hsbc becomes the first major lender to bring back mortgages below 4% since la...

Will hard line republicans now try to topple mccarthy . If i have to risk my job for standing up for the american public, i will do that and this bizarre moment, a democratic congressman pulling the fire alarm, what he says happened hundreds evacuated after a truck crashes leaking dangerous toxic gas into the air. Five People Killed in the collision. How dangerous is it . New videos of the epic flooding in New York City. Residents returning to their swamped homes, and the wild story of this sea ...

What survivors told us. You start hearing shots. One after another after another. Countdown to Total Eclipse. The mad rush to the path of totality. Local officials warning about Traffic Gridlock and food and gas shortages. We expect a million or more people to visit the state of texas to see the eclipse. Plus, could taking a picture of it damage your phone . Aftershocks rocking the New York City area. If a bigger earthquake hit, are major northeastern cities ready . New concerns after hundreds o...

freed in exchange for more substantial pauses in the fighting. the leader of hamas, ismail haniyeh, also says his group is close to reaching a truce with israel. it comes as a group of 28 premature babies, who were trapped by fighting around al—shifa hospital in gaza city, arrived in egypt for medical treatment. our senior international correspondent orla guerin reports. alive, against the odds — premature babies rescued from al—shifa hospital. parents cluster around before they ...

in the talks to say that a deal could be on the way. us officials have previously said an agreement is "closer than ever before. " its believed negotiators have been discussing a multi—day truce, aid deliveries and an exchange for palestinians held in israeli jails. but the talks, mediated by qatar, are complex, and israel is yet to comment. live now to my colleague mark lowen, whos injerusalem. thank you very much indeed. the families of the 240 or so hostages still held since hamas...

has this morning endorsed the centre—left opposition labour party. and a sky full of stars at coldplay�*s record—breaking fifth glastonbury headline set, with a few suprise guests. country star shania twain takes to the stage this afternoon, with r&b singer sza closing the festival tonight. here in the uk, campaigning for this coming weeks general election is entering its closing stages. the prime minister, rishi sunak, has defended the conservatives�* record in government, as ...

the game kicks off in the next couple of hours. the winner takes on... the coastal towns... with only days until the general election, the bbc is visiting communities across the country to find out what people are most concerned about. the coastal towns of dover and deal are often at the centre of conversations about immigration — but thats not the only issue on voters�* minds, as charlotte wright reports. its the gateway to britain, so often at the centre of the story, whether its...