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BBCNEWS BBC News June 4, 2024 21:47:00

Businesses making huge profits but businesses are also very constrained as well and are seeing these huge losses, too, and i think, you know, very difficult, and then what are the further impacts of that that they knew to be examined at this point in time that we are living in, there is financial strain and this shows, there is notjust financial strain in one place or another, there are huge shock waves at the moment across all industry. and what is the knock on impact of this? questions about facebook, well, the owners of facebook, meta, and their gamble on the metaverse, i think it is to kind of abstract for some investors, and not actually making any money at the moment, costing money for the company, not making money for the company, not making money yet. but who knows? we could be looking back and wondering what we were all questioning the metaverse four. two more stories to go, let s start with the metro, this is a story that has been spoken out extensively across social media an ....

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MSNBC All In With Chris Hayes June 4, 2024 00:11:00

Strap on the explosive vests, hold the government full faith and credit to the united states for ransom, unless democrats reach a painful cuts to government spending, which is a fine thing to say, like, in the abstract. but where with those come from? kevin mccarthy, who s likely become the next speaker if republicans take the house, has said as much as well. again, republicans are smart enough, some of them, i mean, cagey about what exactly n imitating wasteful spending means. but not all of them. earlier this month, bloomberg news reported someone wanted explicitly to, i m quoting here, cuts to medicare and social security. medicare and social security. as my next guest writes in a new piece for new york magazine titled return of the hostage takers, quote, the biden administration is unlikely to cave. it s seen this show before. of course, this happened in 2011. but house republicans can t necessarily be trusted to fold. in the trump era, the full rank and file suddenly more de ....

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MSNBC All In With Chris Hayes June 4, 2024 07:10:00

Dollars. it s a key driver of inflation. we have to use a moment like that to do things that the administration wouldn t otherwise do. the democrats don t support. there are enormous risks to this. spending caps, balanced budget, spring wasteful discretionary spending that has to be on the table when it comes to a debt limit so, you heard, this is the explicit plan to fight inflation. strap on the explosive vests, hold the government full faith and credit to the united states for ransom, unless democrats reach to painful cuts to government spending, which is a fine thing to say, like, in the abstract. but where with those come from? republican leader kevin mccarthy, who s likely become the next speaker if republicans take the house, has said as much as well. again, republicans are smart enough, some of them, i mean, cagey about what exactly imitating wasteful spending means. but not all of them. earlier this month, bloomberg news reported someone wanted ....

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