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CNN CNN Newsroom June 4, 2024 15:52:00 - Vimarsana News

CNN CNN Newsroom June 4, 2024 15:52:00

Bully bar near downtown d.c., business post pandemic has never been the same. >> i'm still climbing the hill. >> reporter: covid closed two of his four restaurants, government loans saved the other two. but with city center struggling to bring back traffic, his revenue is still down more than 45% from pre-pandemic and allen said they're struggling to stay open and now it is time to pay back those loans. >> it is very difficult. we just got over paying back the landlord. you're just a hamster spinning on a wheel. >> reporter: at the start of covid with business stalled, nearly 4 million small b...

CNN The Lead With Jake Tapper June 4, 2024 22:32:00 - Vimarsana News

CNN The Lead With Jake Tapper June 4, 2024 22:32:00

45% from pre-pandemic and alan says they're struggling to stay open, and now it's time to pay back those loans. >> it's very difficult. we just got over paying back the landlord. you're just a hamster spinning on a wheel. >> reporter: at the start of covid with business stalled, nearly 4 million install business owners took out what are called economic injury disaster loans from the federal government. on average, about $100,000. in many cases, just to stay afloat. 30 years with a fixed interest rate of 3.75%, and unlike some other pandemic programs, these loans were expected to be paid back d...

CNN CNN Newsroom Live June 4, 2024 09:56:00 - Vimarsana News

CNN CNN Newsroom Live June 4, 2024 09:56:00

They may open in a few hours' time. they're pretty positive this time. the nasdaq up half of 1%. apple off to a sour start. fell below $2 trillion on tuesday after reports raised concern about demand for its products. apple lost a trillion dollars in market value over the past year. >> shares of apple were down more than 4% in tuesday trading. they're now down, as you can see, 3.75%. we'll see if that news from china about supply being on the up now that the foxconn factory is up. impacted by the valuation dropping. we will finish this hour with a good news/bad news story. first, the bad new...

BBCNEWS Outside Source June 4, 2024 20:12:00 - Vimarsana News

BBCNEWS Outside Source June 4, 2024 20:12:00

Boats making sure that if you come to this country illegally, you are detained and swiftly removed. rishi sunak spent the first few weeks of his premiership last autumn trying to restore stability after the turmoil of liz truss�* government. but apart from his speech on taking office, and one on foreign policy last year, he�*s made few big statements about what he wants to do in the job. so, let�*s take a closer look at his five focus areas. first, halving inflation to ease the cost of living and give people financial security. the latest consumer price index figure for inflation was 10....

BBCNEWS Outside Source June 4, 2024 19:03:00 - Vimarsana News

BBCNEWS Outside Source June 4, 2024 19:03:00

Figure for inflation is io.7%. the obr expects it to fall to 3.75% by the fourth quarter of this year — well below half its current level. here's one economic expert on mr sunak�*s economic goals. it is not obvious what the government will do to achieve them. i think they are not going to get to growth this year. we will be lucky to be growing by 2024, so there is not much specific in that moment that prime minister said about inflation is reallyjust repeating the bank of england's on ford cap —— forecast, inflation we all expect to have by the end of year. not really a pledge, but a s...