markets in the us have rebounded after a key report showed that prices are finally coming down. consumer inflation for august came in at 2.5%. that's the slowest price rise in three years. the figures have cemented expectations that the us central bank will cut interest rates. economist ryan sweet explains what he expects from next week's central bank meeting. even before we get this morning's data i think a rate cut at the upcoming september meeting was already a done deal. it shifts focus away from inflation and towards the downside risks of the labour market because we have seen deterioration over the last few months and that is raised a bit of a red flag at the reserve. i think the big story today is towards a 25 or a 50

point cut and i think it supports a 25 point cut next week. did you see any potential policy shifts at the debate? they had a lot of political rhetoric but not a lot of policy information. we already know were both candidates stand on addressing inflation. we ran a number of scenarios through our models to gauge what the inflationary implications are for each of the candidate policies ranging from trade, immigration, taxes and generally form a president trump would be more inflationary than vice president harris because of the tariffs which are inflationary. on top of that stricter immigration leads to tighter labour markets and stronger nominal wage growth in the united states which by extension would raise inflation

a little bit. not a lot of new information last night, just that the political focuses bringing inflation down but the policies the next few years say otherwise. markets have been volatile. will an interest rate cuts stabilise things? since the beginning of this year i | think what it will require is calming the financial market it needs stabilisation in the us labour market and easing of policy and uncertainty around the us presidential election. and tension still remains on the yen. speaking of the us presidential debate, shares in trump media slumped on us markets. it runs the former president trumps truth social site. here's ritika gupta with the details. shares at donald trump's social media company plunged over 10% on wednesday following his debate against his presidential election rival, kamala harris. trump media

which operates truth social and is majority—owned by trump fell to a record intra—day low. it has become a way for traders to bet on trump's political fortunes and the move comes as his odds of winning the election fell to 47% according to data from a betting website. trump media is also facing the expiration of a lock—up period as soon as september 19 enabling insiders including trump himself to start selling shares. this may add to pressure for the stock, which has struggled badly in recent months resulting in its market valuation falling below 3.5 billion dollars. bangladesh is urgently asking for $5 billion in financial aid from international lenders. the head of the interim government, muhammad yunus, says the money will be used to stabilise low foreign exchange reserves. a new government was sworn in last month after the ousting of prime minister

sheikh hasina. yunus added that he is also trying to negotiate for lower interest rates and loan extensions with russia and china. china is taking new measures to attract more foreign investment as the government tries to boost the economy. earlier this week beijing said it'll allow foreign investment in the healthcare sector. the government is also opening up manufacturing to foreign investment. but there are 29 other sectors that remain under restrictions — including mining and telecommunications. the changes will kick in in november. but with the slowdown in china, foreign investment overall has been falling. harry murphy cruise explains whether the new measures will be enough to kickstart the chinese economy. problem the one where the headline is more exciting than the reality. most of china's manufacturing sector was already open to foreign ownership and foreign investment. the change we saw earlier this week only impacts the sliver of the manufacturing

that still faces those barriers, that being printing production and traditional chinese medicine. not a massive change in the manufacturing front. the healthcare reforms certainly are more impactful and that has been a sector that has traditionally been insulated in china and the fact that we allow some privately owned hospitals to take form as well as investment into biotech is a much bigger advancement. there have been many restrictions on joint ventures. does this acknowledge it will be an easier business environment? i think it does and i think it reflects help poorly china's economy is going at the moment. the property market continues to go south and households are not spending and now we have the bright spot of the chinese economy being manufacturing exports are starting to dim all those tariffs. there have been a pivot from officials in china to try to attract more foreign investment and to be that growth source to fill the gap currently there meaning things like opening up manufacturing a little bit more, opening up healthcare.

but china must walk the walk here. we need to see broader reforms to encourage that investment to come into china. just being open and allowing it is not enough, it must be an easy environment to do business. when us business at the about the troubles they face with data regulations, very strict in china as well as continued prioritisation of domestic firms to local government. that is more the reform needed to attract investment into the country. openai is in talks to raise $6.5 billion in funding at a valuation of $150 billion. that would be more than 70% higher than the company's valuation in february. the maker of chatgpt products is one of the fastest growing startups in silicon valley. governments around the world are discussing ways to regulate the use of artificial intelligence. with more companies using ai, there's growing concern

about potential dangers for humanity. is what blames the challenges when it comes to government regulation. —— chris watson explains the challenges. it is immensely powerful and not located in any one particular place. jurisdictional issues about who you can regulate how you regulate them of the first point. it is a difficult puzzle to crack. should government look to work together or do they risk, if one government creates strong legislation, do they risk companies choosing not to be based there and missing out on al party, so to speak. that is a risk that government legitimately has. in practice it seems that sometimes works the other way but the need to comply with strict standards and drive out lower standards because you have to comply with strict standards you would tend to devise a product that you can sell everywhere which will there for have to meet the strictest standards. if you get the mix right you can actually, as a regulator and a trading bloc you may find that

you are able to impose a standard upon the whole world by being stricter provided it allows for sufficient development and growth. so it could be a race to the top. when it comes to issues such as human rights and misinformation, china thinks it could cause social disruption. is this justified or can we see ai being a cause for good? it is definitely a cause for good that i think what china is also correct in that it can be used to cause social disruption we have seen that in countries well outside china, in western europe where deep fakes, for example, the taylor swift deep fake in the us election have caused significant democratic change. so i think the fears are completelyjustified and borne out by events. if you want to instruct government around the world about what they should do to regulate ai, what is your top tip? stick to the closest generally acceptable principles.

there are some in the oecd about how to regulate and regular recognise it. boehringer is facing a crippling strike of united date heard a vote on a new contract. more than 30,000 workers could reject a deal agreed by the company and the union. it includes a 25% wage hike and a commitment to build the next commercial aeroplane in the seattle area. the new chief executive urges workers to support the grant rather than support the grant rather than support industrial action. the proposed strait could cost boeing an estimated $3 billion. there was presidential debate drew millions of television viewers. it topped 51 million

views received by thejune debate. the event on tuesday was also the first time that, harrison trump met face—to—face. popular rapper eminem hasjust made billboard history. curtain call: the hits — eminem's first collection of his biggest and most popular singles — has now spent 700 weeks on the billboard chart. that is more than 13 years. that is more than 13 years. that is more than 13 years. that is it for this edition. please join us that is it for this edition. pleasejoin us again that is it for this edition. please join us again tomorrow.

hey i am lola with the catch up. tonight, the harris trump debate, new rights for renters and would you purchase a disney themed house? donald trump and kamala harris, the two candidates wanting to be the next us president have finally met and debated. so what happened ? kamala harris.

it started politely with a handshake but things got heated quickly. everybody knows she is a marxist. people start to leave his rallies early out of exhaustion and boredom. they debated issues like the cost of living and abortion. will she allow abortion on the eighth month, ninth month, seventh month? would you do that? the government and donald trump certainly should not be telling a woman what to do with her body. and when it got to immigration... in springfield they are eating the dogs. the people who came in, they are eating the cats. that claim, without evidence from donald trump. taylor swift had her say. she said she will be voting for kamala harris to be president. the election is on november five. a new law to stop landlords evicting tenants in england without a reason will be in place by next summer. labour's renters right bill will prevent bidding wars and give tenants the

right to have a pet. landlords say they need time to prepare for the changes. time for ten seconds of a whole new world. well, that could be the case for unlucky purchaser of this disney themed home in wales. the house features rooms dedicated to aladdin, the lion king and even harry potter. you are all caught up. have a great night. hello and welcome to sportsday. i'm will perry. coming up: nfl star tyreek hill says he could have handled things differently, but still calls for action against the police officers who dragged him from his car.

in football how we get better from things is you watch the tape and you get betterfrom it. and in this instance we should do the same. australia beat england in the first of three t20 matches. and there's a royal ruck at the palace as the king welcomes the the black ferns. great to have you with us. first to the news that miami dolphins wide receiver tyreek hill says he could have handled himself better in the initial moments of a traffic stop on sunday that led to him being handcuffed and pulled out of his car by police officers near the team's stadium. hill says he wishes he did some things differently including leaving the window of his car down when officers instructed him to do so. he instead rolled the window up.

the incident escalated quickly from there, and hill thinks