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news from some of the worlds biggest companies. we ll talk you through the winners and the losers. now, is a five day working week essential to make it to the top? later in the programme we ll be speaking to bibi hilton. she s a high flying advertising boss who s just been named on this year s part time power list. ad we re talking robots again. computerised hedge funds havejoined the ranks of the top performers and they re beating us at poker. we want to know would you trust your cash with man or a machine? just use the hashtag bbcbizlive. just put your cash in a tin under the bed! no, that s not my advice by the bed! no, that s not my advice by the way. that s just what some people are doing with it at the moment! bp the us army has been ordered to allow the construction of the final section of a controversial major oil pipeline in north dakota. it s a project supported by president trump and that perhaps reflects his support for fossil fuels which is just one of a gr ....
Pause today. no news from the fed today would be does have to pause. this is a no news from the fed today will be big news indeed, show that the fed thinks pause. how good is this for the biden white house though? might not have been transitory, but it s coming down. the speed which it s happening after it never felt like it was happening, this is huge. people care about the economy. people look at these core numbers that are still elevated, especially in core cpi yesterday, that s not trouble the white house because they are looking at numbers used cars and shelter prices coming down in the fall and so they are thinking that we re on the right track here, stabling the economy and cooling inflation. that s what everybody wants to see. thank you. ahead, cnn crews on the front lines of ukraine s counteroffensive. it is stunning. ....
Than january s blockbuster 472,000 new jobs, unemployment down to 3.5% even as more people come off the sidelines and look for work and wages are growing. yes, but at a slower pace now. then last month again, this is a one month snapshot, but the numbers here are consistent with the fed hope through its interest rate hikes of carefully walking the economy to a cool down that moderates inflation without stalling things into recession with me here in studio to share their reporting and their insights. cnn s arlette signs roberto lopez of the pbs news hour punch bowls heather kagle and gina smiling of the new york times. gina also the author of a great new book, limitless. the federal reserve takes on a new era of crisis and to that point, let s start with you if you are at the fed today, and you read this one report have been some in previous months that have disappointed the fed this one. if you re at the fed says, okay, this might be working for anything in there that jumps out at you ....
Like you re almost in recession, the bank of england saying maybe there s a big recession coming to curb inflation and the fed was tightening. it s a very unusual circumstance. it s a perilous one. i think it s unavoidable for a recession. you laid out a policy double-blind. you re saying because the stimulus payments are tapering off, people are suffering, less disposable income but you say the stimulus payments led to the inflationary environment. what s the right policy course? if you were on the fed today, what would you recommend? what would you do? well, i d be doing what the fed s doing, maybe a little quicker. you know, sometimes you have to rip the band-aid off. inflation is really out of control. it s probably right now running at double digit rates. you know, looking forward, the 8.5% rate you remember from the last headline number was looking back over a year. so, the fed needs to act really ....
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