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Inside Politics With Dana Bash

>> we will go to the white house as soon as that event happens. thank you so much. now to breaking news, an 11th hour deal stops what could have been a national crisis. ups sand the teamsters strike a agreement to avoid a strike. i want to get straight to vanessa urkavich. what does the deal look like? >> reporter: just moments ago, we received word from the ups teamsters that they had reached a deal. they just got back to the negotiating table today after not meet ing for several weeks. i want to walk you through some of this deal. we're just getting this information realtime. full-time and part-time workers are going to be paid $2.75 more per hour starting this year. that's $7.50 more per hour over five years. a lot of this has been over the part-time pay. that was a key point that the union said they were not willing to negotiate on. in this agreement, part-time

Deal , Event , Teamsters , White-house , Sand , Strike , Breaking-news , Crisis , Ups , 11 , Agreement , Word

CNN News Central

have started as soon as next week and paralyzed u.s. supply chains. at least one group estimated a ten-strike would cost the u.s. economy $7 billion making it's it the costly work stoppage in history. cnn's vanessa yurkevich joins us now. vanessa, what do we know to put the two parties over the edge on this? >> reporter: the union calling this deal historic, u.p.s. saying this is a win-win, but this all came down to money, came down to wages. $30 billion in new investment f u.p.s. in this new five-year contract. right off the bat this year, full-time and part-time workers are getting a $2.75 wage and over five years that's $7.50 in terms of raises. also, we're talking about part timers here. because this was a key sticking point in these negotiations that

Economy , American , Ten-strike , Supply-chains , Work-stoppage , Group , 7-billion , Ten , One , -billion , Reporter , Parties

Asia Business Report

inaudible china policymakers may start to inaudible do not forget this thursday we have the announcement about key policies. it has been unchanged since august last year at 2.75%. it since august last year at 2.7596. , . ., 2.7596. it is official, billionaire - 2.7596. it is official, billionaire financier| 2.7596. it is official, . billionaire financier out george soros is handing over the control of his $25 billion empire to his son, alex. the move was confirmed after interview with the wall street journal. the 92—year—old had previously said he did not want his foundation to be taken over by one of his children but when asked about this decision to pass on the reins over to a

Policy-makers , China , Policies , Announcement , It , Billionaire-financier , George-soros , Alex , Official , Empire , Control , 25-billion

Asia Business Report

it has been unchanged since august last year at 2.75%. india's financial crime and energy has issued notices to deutsche bank, hsbc and others over alleged foreign exchange action. we arejoined live over alleged foreign exchange action. we are joined live from mondo. action. we are “oined live from mondo. ~ . action. we are “oined live from mondo. . action. we are “oined live from mondo. ~ . mondo. what can you tell us? this is the _ mondo. what can you tell us? this is the case _ mondo. what can you tell us? this is the case of _ mondo. what can you tell us? this is the case of notice - this is the case of notice issued by the enforcement directorate against alleged illegal action by xiamen india account into overseas entities under the guise of royalty payments. the same notice issued to deutsche bank and

2-75 , Others , Exchange , Notices , Crime , Deutsche-bank , Energy , India-s , Hsbc , Us , Case , Action

Fox News Live

so of course the real estate market has definitely been impacted, as recently as q3 and q4 due to, of course, the interest rates being increased. so, when you see interest rates going from 2.75 that we had just about two and a half years ago, skyrocketing to 7 and a quarter percent, it immediately impacted the average buyer's budget. when buying a home unfortunately looking at $924 more a month they have to add to household income when they're trying to apply for a home. so that, especially when it went to a high of 7.25, it costs the market to slow down nationwide, not just here in atlanta. however, now that interest rates have backed off and come down a little bit, to 6 1/2%, we're now seeing buyers returning to the market and resume their purchasing. griff: you know, we looked at a

Course , Interest-rates , Real-estate-market , Q4-due-to , 2-75 , Buying-a , Buyer , Budget , Two , 7 , Home , Market

FOX and Friends

affordability crisis with regards to housing. >> steve: sure. >> they said we need to figure out a way to make this more affordable. so those with below -- specifically below 660 went from having to pay 2.75 to 1.5% in a fee penalizing fee to borrow with a lower than average credit rating. >> steve: holy cow. >> the people who then pick up the bill, so to speak because the fact that this has to somehow get subsidize are the borrowers that borrow the most amount of money, the largest loans, clearly. the ones that have second homes and the ones that are buying investment properties. >> steve: so what you are describing kirsten is the people with good credit who have made all their payments on time, who probably have more money in the bank are subsidizing the people who are bigger credit risks? >> it's kind of indirect because

Steve , Way , Housing , Affordability-crisis , Regards , 2-75 , 660 , 1-5 , People , Fact , Bill , Fee

Morning Joe

hike of a quarter of a per percentage point. the fed also gives economic projections for the rest of the year. how'd that look? >> exactly, willie. this is part of what is a little disappointing. the economic outlook has been getting weaker, especially for this year. start with inflation. if you go back to last september, the fed does this four times a year, the fed thought inflation this year was going to be about 2.75%. by the meeting in december, it was a bit every 3%. yesterday, it was at about 3.25% by the end of the year. again, a long way from its long-run target of 2% over here, which the fed is still hoping to get to sometime in the next two or three years out there somewhere. unemployment, not a lot of change. expecting it to go up. it means a weaker jobs market. the fed needs to slow inflation. we'll see if that means

Fed , Point , Willie , Rest , Hike , Projections , Part , Inflation , Times , Disappointing , Outlook , 2-75

Way Too Early With Jonathan Lemire

welcome back it's time now for business, and for that let's bring in cnbc's julianna tatelbaum who joins us live from london good morning the stock market closed higher yesterday thanks to bank stocks rebounding and new hopes that inflation might be cooling off what's the latest? >> good morning, john. well, what a roller coaster it's been in markets. we did see a pretty substantial relief rally yesterday after three sessions of massive t turbulence this morning flat futures indicate a flat start to trade all s&p 500 yesterday finished the day higherch that sector gained about 2.75% the financials also got a boost rallying about 2.2% with bank stocks driving the rally investors making a bet now that perhaps svb and signature bank,

U-s- , Business , Julianna-tatelbaum , Cnbc , London , Thanks , Inflation , Stocks , Stock-market , Markets , Latest , Hopes

BBC News

recession that we are expected to see in the uk, we are expecting peak to trough, output to fall by around 1.6, 1.7, relatively to trough, output to fall by around 1.6,1.7, relatively mild to trough, output to fall by around 1.6, 1.7, relatively mild compared to even the early 90s recession where there was a contraction of 2.75 and more than double that during the great recession of 2008, 2009. so even though we are seeing a slowdown in the uk and it may be worse than other countries, it is still not a major recession that we expect this year. still not a major recession that we exoect this year-— expect this year. that is the more ositive expect this year. that is the more positive outlook. _ expect this year. that is the more positive outlook. why _ expect this year. that is the more positive outlook. why are - expect this year. that is the more positive outlook. why are we - expect this year. that is the more positive outlook. why are we now| expect this year. that is the more - positive outlook. why are we now are seeing this differential between the uk economy and other major economies? tell us your thoughts are not specifically. irate economies? tell us your thoughts are not specifically-— not specifically. we have a backdrop of weaker economic _ not specifically. we have a backdrop of weaker economic momentum - of weaker economic momentum globally. it is unfortunate the uk is just facing more globally. it is unfortunate the uk isjust facing more headwinds, potentially, in total balance of

The-uk , Recession , Contraction , Output , Trough , Peak , 1-7 , 90 , 1 , 61 , 1-6 , 7

BBC News

is stuck to, meaning focusing on inflation. and yael selfin, chief economist at kpmg, gave us her analysis of the slowdown in the economy. i wanted to put it into context in the sense that this is a relatively mild contraction. if you look at the recession that we are expected to see in the uk, we are expecting peak to trough, output to fall by around 1.6, 1.7, relatively mild compared to even the early 90s recession where there was a contraction of 2.75 and more than double that during the great recession of 2008, 2009. so even though we are seeing a slowdown in the uk and it may be worse than other countries, it is still not a major recession that we expect this year. that is the more positive outlook. why are we now are seeing this differential between the uk economy and other major economies? tell us your thoughts on that specifically. we have a backdrop of weaker

Economy , Inflation , Sense , Us , Chief-economist , Analysis , Yael-selfin , Slowdown , Context , Kpmg , The-uk , Recession