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The Federal Reserve is widely expected to trim Interest Rates today for the First Time Since 2008. The only question is by how much. Some believe in a 50 basis point cut, as fed Chairmanjerome Powell has voiced growing concerns about the us economy. Especially inflation, which has remained stubbornly below the feds 2 target, despite unemployment being at the lowest in nearly 50 years. But lately a majority of economists seem to favour a 25 point cut, with another one following in the coming months. And maybe as many as three next year. So why cut at all . Lowering borrowing rates makes it easi...

There any s ride scale, at least 10 people in central gaza, including a pregnant woman, while its forces on the ground, lacys to to hospitals in northern godsa. Also this our tens of thousands of the radians showing the shingle of late president brain marie see who is carried in a Helicopter Crash on sundays. And Donald Trumps lawyers wrap up the defense case without the former president taking the stand in is the thank you very much for joining us. 70 m g m t. And we begin with breaking news. The government of no way has a noun, say, well for many recognize an independent palestinian state wh...

With plans to spend even more aggressively on a. I. Also, that Second Quarter guidance, perhaps, not that exciting on top of that, we got a massive earnings day comcast, five dow components also reporting, merck, honeywell, caterpillar, dow and ibm, one of the biggest laggards on the s p, by the way lets begin with the Market Reaction to the weaker than expected gdp, jim. 1. 6 looking for prior actually, it was about 2. 5 . Goldman was at 3. 1 . This is one where people were obviously the wrong way on both. Wrong on how slow it is and wrong on inflation so, the fed needs some help. These were ...

The special ops are in brazil. Larger military units on stand by. Global news 24 hours a day powered by more than 2,600 journalists and analysts in more than 120 countries. Im mark crumpton. This is bloomberg, bloomberg west is next. Emily im emily chang, this is bloomberg west. Coming up the nasdaq and s p 500 end the week with an flourish, both ending at an alltime high. Well break down the numbers and the historic day. Last year shattered all of the records for deals in the tech sector. How does 2016 stack up . And tesla putting a dollar figure saying the cost may exceed expectations. Well ...

Diplomats say portugals Prime Minister tops the second secret poll to be the next secretarygeneral. Unlike the first round, Antonio Gutierrez got too discouraged votes leaving the contest in play. U. S. Intelligence has assigned more than 1,000 spies to help with olympic security in rio. Nbc news reports its part of an intense effort to protect the games and american athletes. Naval and Marine Commandos from the special ops are in brazil. Larger military units on stand by. Global news 24 hours a day powered by more than 2,600 journalists and analysts in more than 120 countries. Im mark crumpto...