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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

Lets break it down with mike mckee. Is a it is michael it little bit odd. On the headline, 100. 9 is lower than it was in the month of august or september, rather, when it was 101. 8. You would expect that maybe the present situation would be causing people concern because of the coming closures of some businesses as covid cases spike but the number comes in at 98. 9 at up from 104. 6, up from 98. 9. Turnabouting quite a in the way people are looking at the economy. The interesting thing here is this bemay see is reasonably good news for donald trump because if you are looking at the economy, stupid, as the old saying goes, you are looking at the economy as it is right now, and the economy as it is right now is better. The employment number is something Everyone Wants to look at in the set up to next week. Jobs number is an improvement, so those who think we are going to have a dismal jobs report next week might be in for a surprise, at least according to the underlying Consumer Sentim

Transcripts For BBCNEWS Coronavirus 20200529

Back to square one. And dental practices in england have been told they can be open from monday but only if they put appropriate Safety Measures in place. Alex runs a small basement bar. Its just him and one other member of staff doing bottles of cocktails online. Its other three workers are furloughed and hes now worried about what the chancellor is about to serve up. The scheme has been incredibly welcome as a lifeline to the sector. With revenues still next to zero and a growing sense bases like this might not be able to open again this year, any changes in that could be cataclysmic. If the 80 is reduced, businesses like mine would either run out of cash very quickly or be forced to lay off furloughed staff. The scheme was launched in april and currently pays 80 of workers wages up to a maximum of £2500 per worker. Originally, it was set to run until the end ofjune. Figures this week show that 8. 4 million workers are now covered by the scheme. The total cost could be £80 billion

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