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BBCNEWS World Business Report July 7, 2024

of cheer on wall street: amazon shares soar as it racks up sales of $121 billion in the last three months. hello there. we start in the us, with fears of a recession in the world s biggest economy. in the world s biggest economy are rattling people. official figures out on thursday show it shrinking for the second quarter in a row. two quarters of negative growth are what many countries around the world would define as a recession. not so in the us, as we ll show you why in a minute. us gross domestic product declined at an annual rate ofjust under 1% between april and june. that comes after a steeper 1.6% decline in the first three months of the year. but that hasn t hit the labour market yet. us treasury secretary janet yellen said the economy is now at full employment with the unemployment ratejust 3.6%. meanwhile, prices for groceries, petrol and other basics are rising at the fastest pace since 1981. he s what president biden had to say. both chairman powell an ....

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MSNBC Chris Jansing Reports July 7, 2024

times, this is a relatively new development that was triggered by cassidy hutchinson s testimony last month. the times says a number of hutchinson s key assertion, including the idea that trump knew his supporters were armed and wanted to lead them to the capital, were new to investigators. quote, in conversations at the department the day after ms. hutchinson s appearance, some of which included deputy attorney general lisa monaco, officials talked about the pressure that the testimony created to scrutinize mr. trump s potential criminal liability and whether he intended to break the law. ms. hutchinson s disclosure seemed to have opened a path to broaching the most sensitive topic of all, mr. trump s own actions ahead of the attack. exploring the link between the former president and the extremists who traveled to d.c. on the 6th. axios has learned the committee has evidence that some pro trump groups were planning to come closer to the date of the inauguration but ....

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FOXNEWS Fox News Live July 7, 2024

politician up ahead of reelection this monday. now the nation will be holding his funeral. president biden paid a visit to the japanese embassy yesterday saying he was stunned, outraged and saddened by the former prime minister s killing. and he had this to say about the assassination on japan s security. we re going to learn more about, as time goes on, about motive, about the whole japanese, prime minister is a stable ally and we, do not believe it s likely to have i don t know yet likely to have any profound destabilizing impact on japanese security or japanese solidarity. when we look at this, japan one of our key allies, particularly in this region and particularly militarily with all that goes on with chinese efforts to expand. and a lot to talk about on a global scale. absolutely, and i think that hearing the outpouring from so many world leaders about the legacy of abe, japan s youngest prime minister when he took over and the longest serving when he w ....

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BBCNEWS The Papers July 7, 2024

the legislation passed after a marathon session during which republicans attempted to further stall its passage. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. see what they are focusing on on their front pages. with me are the parliamentary journalist tony grew and the journalist and broadcaster, caroline frost. good evening to you both. let s have a look at some of the front pages before we discuss them. the cost of living crisis and what politicians have been saying about it dominates the front pages again. the times leads on a poll of voters, warning the tory leadership candidates to tackle rising prices before cutting taxes. the mirror splashes on a call by the former prime minister gordon brown for urgent action to deal with the rising cost of living. and the ft says that liz truss currently the favourite over rishi sunak in the leadership contest is facing pressure to provide more help for poorer households. the teleg ....

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FOXNEWS Special Report With Bret Baier July 7, 2024

peter: good evening, bret. masks, vaccines, school closures, social distancing, the medical professionals who came up with rules that led some folks to go out you of business and others to stay home, the medical professionals that president told us to listen to now admits they were wrong. peter: as president biden golfs away from cameras there is a reason to revisit a comment he has made over and over. tell the truth. follow the scientists the science. poor the peter problem scientists admit they blew it rochelle walensky says in a statement cdc and public health have been preparing for covid-19. in our big moment, our performance did not reliably meet expectations. video of a maskless president biden coughing and shaking hands with lawmakers quickly went viral last night because cdc guidance is for close contact to covid patients like him to mask for 10 days but he is not to blame. an internal cdc review concluded covid guidance was both confusing and overwhelm ....

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