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BBCNEWS BBC News July 7, 2024

but experts who advised downing street say ministers were responsible for decisions made. his comments come ahead of tonight s penultimate conservative hustings with rishi sunak and liz truss facing tory votes in norwich. gcse results are out today for pupils in england, wales and northern ireland the pass rate is down on last year but higher than it was before the pandemic. good afternoon. pressure is growing on the government to help households and businesses cope with soaring energy costs. a think tank has called for a universal 30% cut in bills and businesses want covid style emergency grants to help companies that are struggling. the upper limit of what suppliers can charge per unit of energy in england, scotland and wales the energy price cap is set to be announced tomorrow. less than a year ago, a typical annual home energy bill was about £1,200. it s now about £2,000 and it s forecast tomorrow to reach £3,500 per year, payable from this october. there a ....

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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto July 7, 2024



plus the u.s. and russia debating a prisoner swap. antony blinken speaking with sergey lavrov. and a breakthrough on capitol hill. chuck shchumer and joe manchin striking a deal after a year of negotiations. there s a lot in this bill, including tax changes. we begin with major developments on the u.s. economy. the gross domestic product fell 0.9%, following a 1.6% drop in the first part of this your, blamed in part on the omicron surge, all of this adding to fears the u.s. could be in a recession. joining me to talk about all this, white house national economic director brian dees. good morning. thanks for taking the time this morning. happy to be here. two consecutive quarters of negative growth. every period since 1948 of two straight negative quarters of gdp has coincided with a recession. in every prior recession in the united states, we have lost jobs. and over the course of the year we have gained 2.7 million jobs. the unemployment rate is 3.6%. there s o ....

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FOXNEWS Your World With Neil Cavuto July 7, 2024



international where one airline is reeling flights in. kelly o grady in los angeles where folks are saying the hell with it all and hitting the road instead. welcome. i m neil cavuto. this is your very crowded world today. doesn t casey stegall know it in dallas. casey? yeah, neil. it s been so busy all day long. we got here at 7:00 a.m. local time. steady streams of people. nothing insane. no lines out the door or anything like that. the folks at aaa says that this fourth of july is expected to be the second and busiest in terms of travel since 2000. so more than 20 years, if you can believe that. almost 48 million americans venturing out over the next couple days. for air travel, it s 3.5 million. that s the project, which is a little higher than last year according to aaa. only time will tell whether those holiday passengers will further bog down the airport and the airlines. as of this hour, i just did a quick check. more than 3,900 delays and 374 cancellations ar ....

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FOXNEWS The Faulkner Focus July 7, 2024



federal loan payments. none of them have to pay any of these loans back until january of 2023. president claiming that this targeted approach will actually have a positive effect, he says, on lowering inflation. but tax experts and republicans think that those numbers do not add up. this is senator tom cotton. watch this. the president doesn t have the power just to unilaterally on his own eliminate entire categories of de. of all the dumb things joe biden has done this is the dumbest yet. a terrible policy that will harm many more americans that it will help. a former obama economic advisor pushing back as well pouring roughly half a trillion of gasoline on the inflationary fire that is already burning is reckless, says jason fuhrman who was with the obama/biden administration and thinks it is a very bad move. jacqui heinrich joins us now live with more. good morning, martha. it is not just the press secretary refusing to admit that taxpayers are footing the bill ....

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MSNBC Diamond Hands The Legend of WallStreetBets July 7, 2024



who just got fed upwith the world, got fedup with being told go to college,get a job, make a living. frankly,that s just not realistic for our generation. you know,it is really frustrating. the boomers,they think we re lazy. you know the whole term, pull up your bootstrapsand work hard and you get the same lifethat they had? no. the world is very,very different these days. hell, the next pandemicin 2025 might wipe us all out anyways. i ain t got timeto wait for retirement. you got to will itinto existence. life s just not fair.the world is a harsh place and the stock market was justthe purest form of yolo. [music playing] reporter: stocks up againthis morning, 12%. short sellerscontinue to get hurt by the thread wallstreetbets and other retail [interposing voices] reporter: all this whiningby wall street, it s making me sick. reporter: this is populismcoming for capitalism. gamestop. matt kelly: on surface,i can be pretty scattered. in the water, though,it s calming fo ....

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