Live Breaking News & Updates on Hiking Interest Rates|Page 15
Stay updated with breaking news from Hiking interest rates. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
support for a penny from colleagues. we had that support from all sides of the party yesterday. and last night borisjohnson put an end to days of speculation about a comeback when he dramatically pulled out of the race saying it would not be the right thing to do . rishi sunak praised johnson for his achievements after he pulled out of the race nominations close at 2pm that s when we should find out whether or not there has to be a ballot of conservative party members or if one person will be moving straight into number ten. we ll be bringing you updates throughout the day. i m lewis vaughan jones some other headlines. the us, britain and france condemn russia s claim that ukraine is preparing to use a radioactive dirty bomb on its own territory. disgraced former hollywood mogul harvey weinstein faces charges of rape and sexual assault in los angeles. opening statements in the case are expected to begin on monday. and david tennant makes a surprise appe ....
let s talk to steve more about this. steve, the problem is inflation is at decades high. recession around the corner. it s a heck of a one-two punch. you better believe it. the good news is that the inflation rate has come down a little bit the last two or three months, charles. that s good news. we went from almost 9% inflation this past summer to now we re down to about 7.1%. as you just said, that is still the highest inflation rate we ve had in 35, 40 years. so americans are feeling the punch. their wages and salaries have only gone up by 5 or 6%. that s one of the reasons that you reported that credit card debt is going up. people are trying to maintain their standard of living but paychecks are not keeping pace. i m nervous. i think inflation will come down in 2023 from the high rates of 2022. but i also think that the economy shows real signs of slowing down. i pray we don t crash into a recession. but we sure could. charles: steve, that s what i m concerned ....
legalise same sex marriage. the new family code which is the culmination of efforts by a coalition of lgbtq activists, would help gay couples adopt children and also allow surrogate pregnancies. now on bbc news, it is time for dateline london. hello and a warm welcome to dateline london. i m ben brown. we re looking at two of the week s big stories what s happening in russia as men flee the country after president putin s call up of reservists to fight in ukraine and his threat to use nuclear weapons, and also the british government s announcement of sweeping tax cuts the most far reaching for half a century. well, i m joined to discuss all this with polly toynbee, columnist from the guardian, stephanie baker of bloomberg news, and latika bourke of the sydney morning herald. so, cuts to income tax, corporation tax, national insurance and stamp duty and removing the cap on bankers bonuses. it will cost tens of billions of pounds. the government says it will boost ec ....
at the inquest into the death of molly russell, an executive from instagram s parent company, meta, insists thousands of images the teenager saw online about suicide and self harm were safe. and science fiction made reality, as nasa plans to try to knock an asteroid off course by crashing a rocket into it. hello, welcome to the programme. the government is under pressure tonight as the financial markets give their verdict on the government s so called mini budget last friday. the value of the pound plunged to an all time low against the us dollar this morning. tonight, a number of banks and lenders have stopped offering new mortgages because of the volatility in the currency markets. and the amount it costs the government to borrow money an essential part of its new financial plan has risen sharply to its highest level since 2010. analysts fear it could rise still further. the bank of england has tonight said it will not hesitate to raise interest rates if necessary to re ....
attack on pelosi and other threats to leaders. and the escalating rhetoric. mary bruce is live. just six days now until the midterms. the economy issue number one. in nevada tonight, the first latina senator in the u.s., a democrat, fighting to hold opt her seat. former president obama trying to help. and what the voters there told our martha raddatz. plus tonight, georgia, pennsylvania, new hampshire, and ohio. rachel scott on these very tight races. we ll show you the numbers tonight. the fed hiking interest rates three quarters of a per essential today to try to slow down inflation and try to stave off recession. how americans will feel this. in parkland, school shooter nikolas cruz face-to-face with families, formally sentenced tonight to 34 consecutive sentences of life in prison. victor oquendo is there. the alarming escalation by north korea. more than 20 missile tests launched. what south korea did for the first time and matt gutman in south korea. the ....