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BBCNEWS BBC News July 7, 2024

good evening and welcome to bbc news. it s been a tough day that s how the chancellor began his speech to the party faithful at the conservative party conference this afternoon. it follows a dramatic u turn this morning when the government suddenly dropped its plan to scrap the 45p top rate of income tax. only yesterday, the prime minister had insisted the tax cut would stay except in scotland. but now kwasi kwarteng says criticism of the measure had become a huge distraction that had drowned out other measures announced in the government s so called mini budgetjust 10 days ago. his change of heart followed mounting opposition among tory mps to the tax cut. our political editor, chris mason, reports. first thing this morning, things are moving. and fast. the planned tax cut for the highest paid is being junked. the government has blinked. it was an ambitious plan, and we talked to lots of people up and down the country. i saw the reaction. we considered what t ....

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BBCNEWS Newsday July 7, 2024

as the king and the queen consort attend their firstjoint engagement since the end of formal mourning. live from our studio in singapore. this is bbc news. it s newsday. the uk chancellor, kwasi kwarteng, has told the conservative party conference in birmingham that he s still determined to deliver his economic plan hours after performing a major u turn on a flagship policy. he s abandoned a proposal to scrap the top income tax band, following widespread criticism, turmoil on the financial markets and a dramatic drop in the value of the pound. the chancellor acknowledged his plans caused, what he called, a little turbulence in the economy. he s now also expected to bring forward his next financial statement from the 23rd of november to this month. here s our political editor, chris mason. first thing this morning, things are moving. and fast. the planned tax cut for the highest paid is being junked. the government has blinked. it was an ambitious plan, and we talked t ....

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CNN CNN Newsroom With Fredricka Whitfield July 7, 2024

miles per hour, gusting up around 60 miles per hour. with this storm, you have tropical storm watches in effect for jamaica and hurricane watches for cayman islands. that s because looking at the frarsz we anticipate that this storm will become a category 1 storm maybe even as high as a category 2 storm as it s crossing over the cayman islands. it is then expected to intensify further as it makes its way up towards cuba and crosses into the eastern portion of the gulf of mexico. at that point, perhaps, it could get into that major hurricane strength. here s the thing, though. a lot of that has to do with sea surface temperatures that are in the mid and upper 80s for the area in which it s expected to travel through. that sea surface temperature is a big fuel for these storms. it s not just at the surface but going down tens of feet, talking about the ocean heat content, even down there that water is warm, and that s what these storms need to strengthen and intensify as ....

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MSNBC Jose Diaz-Balart Reports July 7, 2024

good morning, 11:00 a.m. eastern, i m jose diaz, picking up another hour of coverage on nbc. president biden traveling in milwaukee this hour. stop one of a battleground blitz, he will also be heading to pennsylvania, where the senate race is critical for control of congress. more on his message in moments. plus, travel headaches this labor day, as millions of americans take to the roads, and air. i woke up to a text message saying my flight was canceled. they were steady. what you need to know on the busiest labor day since before the pandemic. right now, u.s. immigration policy is in the spotlight. nine people, including a pregnant woman, lost their lives in the waters of the rio grande as they tried to cross into the united states. what is happening at our border? we begin this hour with the unofficial kickoff of the final sprint of the 2022 midterm campaign. president biden is now on his way to milwaukee, wisconsin, where he will take part in labor day f ....

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FOXNEWS Americas Newsroom July 7, 2024

conversation this topic back to the front. while republicans you can hear what the the house, something they were talking about as they try to woo the voters. dana: inflation, economy and jobs, that is the number one issue. all states, national surveys. right now, we are looking at a dow jones with a pretty tough week. a lot of people who are watching their 401(k)s are thinking this is not the trajectory. they might have to put off their retirement. or as they were sating in the presentation, people are making tough choices at the grocery store. they don t see an end in sight. and they feel like the president of the united states when he says, oh, inflation has gone up an inch, he does not understand what they were going through. can the republicans maintain that kind of momentum over the next few weeks to bring these statements home? these polls have been tightening as you have watched closer than anybody. they talk about this on the show, they have been getting ....

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