0anda News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We start here in the uk, where figures out earlier show the uk economy grew by 0. 2 between april and june following a rebound from an extra bank holiday for the kings coronation. Growth injune alone was stronger than expected at 0. 5 . High inflation remains a problem. The Bank Of England has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. So where is the Economy Heading . Were nowjoined by victoria scholar, who is the head of investment at interactive investor. Lovely for tojoin us lovely for to join us here on the programme. Not. 2 . Essentiall...

more than 3/10 of a percent. this is what they call a bull run. the market's been on the upswing since october 2022, and it's thanks to a few tailwinds. among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it's been able to cool inflation without tipping the economy into a recession. that's called a soft landing and it's buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22—year high. when interest rates go down, ...

among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it's been able to cool inflation without tipping the economy into a recession. that's called a soft landing and it's buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22—year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it's a di...

we begin in the us in what could become the largest product liability settlement in history. the pharmaceutical�*s giant, johnson &johnson has proposed paying almost $9 billion to settle tens of thousands of lawsuits that allege the company's talcum powders causes cancer. the new move seeks to resolve all current and future claims and follows a decade—long legal battle between plaintiffs�* lawyers and johnson & johnson. my colleague samira hussain with the details. johnson &johnson johnson & johnson has johnson &johnson has been dogged for use by claims that its talcum powder c...

we start here in the uk — where investors are now betting the cost of borrowing will have to keep rising because inflation remains stubbornly high. that's despite a pledge by the government to bring it down, and a barrage of interest rate rises by the bank of england attempting to get it under control. just a few weeks ago, we were assuming that after 11 increases in a row, the bank would not have to raise rates much further. but on wednesday, there was a major rethink on financial markets, which are now pricing in three more rises this year, with rates hitting 5%. here's why. pric...