ritika, thank you very much indeed.boeing would cost boeing around $3 million to $3.5 billion in cash flow. ritika, thank you very much indeed. we will be keeping an eye on that possible strike action at boeing. let's go further afield. to space because as you have been hearing, in the last few hours, the crew of the spacex polaris dawn have become the first privately funded astronauts to walk in space. it's a huge boost for the commercial space industry and for elon musks' spacex rocket company which he founded over two decades ago. already the world's richest person, mr musk�*s wealth could receive another huge boost from spacex, if it goes ahead with selling shares. it's now thought to be valued at more than $200 billion — around 40% is owned by musk. kate arkless gray is a space journalist — we asked her about spacex's dominance of the industry at the moment. it's the first time any commercial flight has attempted something like this but it isn't really the core of the business that they do which is launch services.

thank you ritika gupta _ decision today. thank you ritika gupta in _ decision today. the latest lines on the us response to events in lebanon and the israeli announcement, but they are in a new phase in a war. stay with us. hello there, good evening. more warm september sunshine around again today, with temperatures across the board above the seasonal average, and some of the highest of those again across northern areas of scotland. even towards these north sea—facing coasts, despite the cloudy start, we've seen the cloud burn back sunshine develop, although here towards eastern coast it's always going to be cooler and cloudier as we head through the next few days. but more sunshine around for most with some showers developing later on in the south through the week — more on that in just a moment. but here's the pressure chart. so, high pressure dominates, still, but it gradually drifts further northwards and eastwards. still a brisk easterly wind blowing across the southern half of the uk overnight tonight, just drawing in more moisture from the north sea. so there w

there are also concerns about the wider us economy — that led to a wider sell—off on us markets, as ritikaxplains. the snp 500 saw its biggest slide since an early august meltdown, ending the session down 2%. this comes after a rally that put the benchmark hello and welcome to business today. i'm steve lai. shares of ai giant nvidia have fallen by almost 10%. it's the deepest single—day decline in market value ever for a us company. 0ptimism around ai seems to be reducing. but there are also concerns about the wider us economy — that led to a wider sell—off on us markets, as ritika gupta explains. the snp 500 saw its biggest slide since an early august meltdown, ending the session down 2%. this comes after a rally that put the benchmark within a striking distance of its all time highs. technology stocks, the gauges most influential group, took the brunt of the decline. index slipped by 1.5%. one of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, and wall street will also have to contend with seasonal headwinds, as september has historically been a

here's ritika gupta with more.pa ny�*s financial woes. shares in us steel fell more than 20% after reports of the decision. here's ritika gupta with more. nippon steel's $14 billion bid to acquire united states steel has been caught in the cross hairs of an election year and in the crucial swing state of pennsylvania where us steel is based. us presidentjoe biden has long pledged that the iconic american company, headquartered in pittsburgh, should remain domestically owned and run. presidential nominees kamala harris and donald trump have also both committed to keep us steel american, though any move to block the deal could potentially be subject to litigation. proponents of nippon steel's bid say the us shouldn't reject a bid from a company based in an allied country such as japan, especially one that could create an entity with the scale to compete with china. if the deal is successfully blocked, the fate of us steel is unclear. $1 million or more to 28% — instead of president biden�*s 39.6% proposal. the vice p

ritika: of course, the timing is very interesting coming ahead of the election. independent central bank, but that has not stopped politicians from speaking up and saying what they want the fed to do. we have heard from candidate donald trump, saying he did not want the fed to cut interest rates. he thought that would be political ahead of the election. we are seeing those from kamala harris' camp saying they support the decision today. geeta: thank you very much. we will be bringing you all the very latest on the events in the middle east and there is that u.s. briefing going on at the moment. we will bring you the latest lines on the u.s. response to events in lebanon and the israeli announcement. a new phase in the war. stay with us on the context. ♪ announcer: funding for presentation of this program is provided by... financial services firm, raymond james. announcer: funding was also provided by, the freeman foundation. and by judy and peter blum kovler foundation, pursuing solutions for america's neglected needs. ♪ ♪ ♪ ♪ announcer: "usa today" calls it, "ar

ritika gupta, bbc news. music streaming giant, spotify had a three hour outage on sunday.ed about 40,000 people in the us — according to outage tracking site downdetector.com. spotify posted on x saying the issues have been resolved. but the music streaming giant has not yet explained what caused the outage. spacex has launched a mission to try and rescue two astronauts who are currently stranded in the international space station. the nasa astronauts' eight—day mission was previously prolonged due to a fault on the boeing starliner they travelled in. the new rocket launched on saturday has successfully docked at the space station. in fact we can take you to live pictures of everyone together, so you can see in the foreground of your picture, coming from the dragon capsule that carried nasa astronaut nick haig and cosmonaut alexander go to know if. butch williams on the left of the six green, sonny williams on the other side of the screen, they are expected to return in february but they all look very happy and very comfortable in the international space station. and that'

ritika gupta is in new york. nervous time and more to come? yes indeed.uations between gains and losses in the session today, and the markets have a lot to contend with at the moment with an election debate tonight and key inflation data tomorrow and the oil market going to the lowest since december 2021 in terms of brent crude, but different corners of the market have suggested opposing signals and this is something that the head of portfolio management was discussing with me earlier. have a listen. now, if you look at rates out less than a year, the market's implying a cut of over 2%. that's a pretty drastic change. and in my view for the fed to cut by more than 2% in less than a year, that would require a recession to be in place. so the fed funds futures market is pricing a recession as a pretty likely outcome. but the equities look is really, really optimistic. you know we're very resilient there. so there's one of them is going to be wrong. the fund futures, reflection of what the market expects federal reserve policy to be, shows the intention of a

our north america business correspondent ritika gupta has the details. reserve has delivered a super—sized interest rate cut aimed at bolstering the us labour market. the half a percentage point cut, the first in over four years, brings its key interest rate, the federalfunds rate, down to between 4.75, and 5%. it comes amid signs inflation in america is continuing to fall, while the job market remains strong even as unemployment has risen this year. the labour market is actually in solid condition. and our intention with our policy move today is to keep it there. you can say that about the whole economy. the us economy is in good shape. it is growing at a solid pace. inflation is coming down. the labour market is in a strong place. policymakers are expecting to cut rates by a further half a percentage point bringing us interest rates down. while these early initially affect short—term borrowing costs for banks they should spill over to consumer loans such as mortgages, auto loans and credit cards. so a big move from the us and today it's the uk's turn.

welcome to business today, live from new york, i m ritika gupta. us stocks inching lower this morning but, wall street is set to end september on a high. and earlier today, we saw a strong rally in asia — chinese stocks surging 8.5% off the back of more stimulus introduced by the chinese government. joining me now is bob doll, ceo of crossmark global investments. thanks forjoining us. chinese stocks post their biggest one—day rally since 2008, not seeing that feed into us markets. what are your thoughts on adding china to your portfolio? we are still sceptical. there is no question the government took a week ago are very strong, positive for china internally, but we are not sure that will spur much more demand and that is what they need. china is facing with their debt situation and real estate situation, some deflationary forces and it will take awhile forces and it will take awhile for them to through that. us stocks lower today, but we've had a strong month, through what is typically the roughest month of the year. do you expect the rally to con

i m ritika gupta.re under pressure at the opening here in new york — despite the latest inflation data in the last hour showing price rises are continuing to ease. the federal reserve wants to be sure inflation is back under control before it begins cutting the cost of borrowing from its two decade high — it's expected to do that later this month. we'll get into more detail on that in a moment — but first, let's take a deeper look now on what's happening with the us economy. according to data out in the last hour — prices rose at an annual rate of 2.5% in august. that was slightly less than the 2.6% markets were expecting — and down from 2.9% injuly. if we look at core inflation though — which strips out volatile elements such as food and fuel — prices were rising at a faster rate — 3.2%. dr sean snaith, director of the institute for economic forecasting at the university of central florida. hejoins us now. welcome. first of all, what a surprise of the cpi taking out volatile food energy prices. does t

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

our north america business correspondent ritika gupta is in new york.fed has been all but promised by them already at their meeting next week. i guess the only outstanding question is by how much. indeed, as you mentioned in your introduction overall this was a solid report on information monitoring. annually at 2.5%, that is the lowest in three years and that is why you will see the white house touting this as it went for the current administration and for the election campaign for vice president kamala harris, and makes it must certain the federal reserve will cut interest rates when it meets next week, but for the markets it is a different story and you see them falling off the back of this report because they will focus on the site of they will focus on the site of the rate cut and they are looking at that core inflation print. there was an upside surprise coming in at 3.2% year over year. surprise coming in at 3.2% year overyear. i surprise coming in at 3.2% year over year. i spoke to doctor shane smith, director of institute for economic forecasti

here is ritika gupta with the latest.highlight of donald trump's address was a push to cut the corporate tax rate to 15% for companies that make their products here in the us. this would be a big reduction from the current rate of 21%. a key policy victory from trump's own 2017 tax law set to expire in 2025. now, while a 15% corporate rate would be a big win for large us companies, it would also contribute to rising deficits. it means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37%. his proposal is in stark contrast to his rival, kamala harris, who has called to raise the corporation tax to 28%. trump's proposals also include an idea from tesla ceo elon musk to create a government efficiency commission. this would be to eliminate wasteful federal spending — a shot at the biden—harris administration's spending levels. i will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire fe

i'm nowjoined by our north america business correspondent ritika gupta.are having some technical problems. bearwith we are having some technical problems. bear with us a second, hopefully we'll be able to get her to talk about these usjobs numbers because they have come in under expected and thatis have come in under expected and that is fuelling concerns about a recession as well. so the economic health of the us, which of the world's largest economy is under some doubt at the moment. we are still having some problems there. sorry about that, we had some technical issues. what does this tell us about the late market in the us?- this tell us about the late market in the us? this was a surrise market in the us? this was a surprise to — market in the us? this was a surprise to the _ market in the us? this was a surprise to the downside, - market in the us? this was a surprise to the downside, usi surprise to the downside, us companies adding 99,000 jobs in august. that was far fewer than what was expected and in terms of wages, wage growth for worker switch

the bbc�*s ritika gupta has more from new york.ern—day cars are increasingly computers on wheels, collecting data through sensors and cameras, and the us government has concluded they can't be trusted. back in february, president biden ordered an investigation into whether chinese vehicles posed a national security risk, resulting in the proposed ban. if enacted, it would focus on text that connects vehicles if enacted, it would focus on tech that connects vehicles to the outside world, such as bluetooth, as well as driverless systems. there is currently minimal use of chinese or russian—made software in american cars, but commerce secretary gina raimondo said the plans would reduce the chances of us drivers having their personal data stolen. chinese officials said the concept of national security was being broadened to unfairly target chinese firms. the proposed ban is part of a much broader struggle between the us and china, the world's two biggest economies, overthe technologies of the future. boeing has offered factory workers

welcome to business today, i'm ritika gupta — live from new york, where stocks are moving higher afterfours of gains. boeing workers have to strike after rejecting a pay offer backed by their own union, the international association of machinists and aerospace workers. the deal, 25% over four years, fell short of their original target of a0%. more than 30,000 workers have downed tools in washington state and oregon, closing assembly plants for the 737 max and 777. the move further delays the company's turnaround efforts. speaking at a news conference, jon holden — who led the negotiations for the iam union — explained why members had rejected the proposed contract and voted for strike action. while there were many important things that were in this offer, it didn't make up, it didn't bridge the gap for 16 years, from 2008, and going through two extensions and the threats ofjob loss. you know, stagnated wages, cost shift on healthcare, and many other issues, and especially relocation of thousands of jobs for other programmes leaving the state. let's get the latest with our business correspo

our north america business correspondent ritika gupta has the details.he 0.5 percentage cut brings its key interest rate, the federal funds rate down to between 4.75 and 5%. it comes amid signs of inflation in america is continuing to fall while thejob market america is continuing to fall while the job market remains strong even as unemployment has risen this year. the strong even as unemployment has risen this year.— risen this year. the labour market is _ risen this year. the labour market is actually - risen this year. the labour market is actually in - risen this year. the labour market is actually in solid| market is actually in solid condition and our intentions with— condition and our intentions with our— condition and our intentions with our policy move today is to keep — with our policy move today is to keep it _ with our policy move today is to keep it there. you can say that— to keep it there. you can say that about _ to keep it there. you can say that about the whole economy. the us— that about the whole economy. the us economy is in good sha

the bbc�*s ritika gupta has more on what's at stake.y haven't had a new contract in 16 years of been bargaining for months of her higher pay, better benefits and job security. the latest dispute is centred around workers discontent with the tentative agreement reached over the weekend. the international associations of machinists and aerospace workers and boeing unveiled a package that includes a 25% pay rise over the next four years and $3000 signing bonus and other improvements that help gather a retirement benefit. —— healthca re and. boeing also had the next in the state of washington. some workers are unhappy with the outcome, given the pay increase is lower than the 40% originally demanded and they have asked for payback after their wages were curtailed by inflation in recent years. he comes at a difficult time for boeing which has struggled after several safety incidents into fatal crashes five years ago. according to a note, a 50 day strike could cost them an estimated three to $3.5 billion of cash flow. boeing isn't the only co

there are also concerns about the wider us economy — that led to a wider sell—off on us markets, as ritikalains. the snp 500 saw its biggest slide since an early august meltdown, ending the session down 2%. this comes after a rally that put the benchmark within a striking distance of its all time highs. technology stocks, the gauges most influential group, took the brunt of the decline. the nasdaq index closed down by 3%, while the dowjones index slipped by 1.5%. one of the biggest losers on the day was nvidia, the high flying artificial intelligence darling, which raised more than $240 billion in market value. the chip maker shares closed down over 9%. 0ther semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. the market also took a leg lower after manufacturing production data shrank for a fifth month in august. the institute for supply management manufacturing gauge edged up to 47.2. a reading below 50 indicates contraction. the data reignited concerns around slowing growth within the us economy, which helped drive a sell—off early last month. the

the bbc�*s ritika gupta has more from new york.ebounded on monday as dip buyers emerged following wall street's worst week of the year. the s&p 500 and the nasdaq each closed the session over 1% higher, while the dowjones outperformed, adding nearly 500 points. technology stocks, which were amongst the hardest hit last week, led the charge higher, with nvidia and tesla still, all sector groups contributed to the gains on monday. outside of tech, retailers, banks and industrial shares also staged a comeback as investors believe a rate cut would give a boost to the flagging consumer. while september is typically a challenging and volatile month for stocks, so far this has been the worst start to a september on record, according to bespoke investment group. investors are digesting a slowing economy after last week's augustjobs data. this week, investors turn their attention back to inflation, with the consumer price index data out on wednesday and producer price index released on thursday. this may provide further clues on whether the

welcome to business today, live from new york, i'm ritika gupta.ed opening for us shares here in new york — on concerns that us interest rates may be staying higherfor longer — and that inflation is proving stubborn to conquer. in the last hour, we've had data showing producer price inflation — which measures wholesale prices — ticking up in august. that's taken the shine off what has been a reboot for the tech sector. ai chip giant nvidia has been surging on reports that the us government is considering allowing it to export advanced semiconductors to saudi arabia — itjumped some 8% in wednesday's session — pulling up the rest of big tech. melissa 0tto is from s&p global visible alpha — where she heads up their technology research team. just had us producer price index data — a little hotter than expected. that coupled with a little hotter consumer price index data yesterday. does it change anything for when the fed meets next week? are markets too optimistic about the pace of further rate cuts? thank you, great to connect with you today. 0verall,

the bbc�*s ritika gupta has the details. which is adjusted for inflation, increased for the first time since the pandemic. the median income rose 4% last year to $80,610. that's according to the census bureau's annual report on income, poverty and health insurance coverage. the gain reflected an easing of inflation, which reached a four decade high back in 2022. even so, poverty rates showed only modest changes last year and median incomes were $600 below where they were four years prior. whilst price pressures have come down thanks to a series of rate hikes from the federal reserve aimed at cooling the economy, the cost of everything from grocery items to car insurance are much higher than they were before the pandemic. that's why many americans are concerned about the cost of living, and the economy has been a key issue in the presidential race. the democratic candidate, vice president, harris, is targeting low and middle class families through tax credits and proposals for lowering the cost of groceries and cheaper prescr

our north america business correspondent ritika gupta has the details.eral reserve has delivered a supersized cut aimed at bolstering the us market. the first in over four years brings its key interest rate, the federal funds rate, its key interest rate, the federalfunds rate, down to between 4.75 and 5%. it comes amid signs that inflation in america is continuing to fall while thejob market america is continuing to fall while the job market remains strong as unemployment has risen this year.— risen this year. the labour market is _ risen this year. the labour market is actually - risen this year. the labour market is actually in - risen this year. the labour market is actually in solid| market is actually in solid condition, and our intention with— condition, and our intention with our— condition, and our intention with our policy move to is to keep— with our policy move to is to keep it — with our policy move to is to keep it there. you can say that about— keep it there. you can say that about the _ keep it there. you can say that about the whole econo

live from new york, i'm ritika gupta.quity markets have opened in the red, after data showing the us labour market continues to cool. we've just had the latest adp employment report with fewer than 100,000 non—farms jobs added in the private sector in august. we'll explore that more in a moment. first, let's explore the latest market movements as the us exchanges open here in new york. let's cross live now to shams afzal, managing director at carnegie investment counsel. of course, in the last hour, we had that adp data out. how are the markets reacting to this? i think this number, as well as tomorrow's total data will probably not change the narrative that has been set already that the jobs market has softened quite a bit compared to a year ago. i think the more important data that came out earlier showed the number ofjobs available. if number of jobs available. if you number ofjobs available. if you went back to february 2023, there were almost two jobs open every wedding work out there, now that number has shrunk to e

joining me now is our north america business correspondent, ritika gupta. the issue isn't it? we are seeing the effects already. people are worried about the impact and the shipping rates have gone up. impact and the shipping rates have gone un— impact and the shipping rates have gone no— have gone up. you are quite riuht. have gone up. you are quite riht. it have gone up. you are quite right. it could _ have gone up. you are quite right. it could be _ have gone up. you are quite right. it could be $5 - have gone up. you are quite right. it could be $5 billion l right. it could be $5 billion in terms of the cost to the economy per day, 6% of gdp, according tojpmorgan analyst, according to jpmorgan analyst, and according tojpmorgan analyst, and a lot of the stuff flows through the ports, shoes, toys, heavy equipment, agricultural products and pharmaceuticals. the ports account for more than half of container imports. consumers are not likely to feel the effect right away and many businesses have tried to get ahead of this by stockpiling or diverting shipment

ritika gupta, our north america business correspondent, is following the story.ust explain this is happening. crucially, what it could mean. it really is like a scene out of that tv show. as you mentioned there. a court battle to determine the future of rupert murdoch's global empire. a family trust. at the heart of a battle is which of his children will gain the most voting rights and power or control for base fox news and news court when he dies. it is about their political leanings as well. rupert murdoch wants to amend a trust so that his son can take control without his siblings. the siblings are now fighting back. what is interesting about this case is that it interesting about this case is thatitis interesting about this case is that it is taking place in total secrecy. this court is known for offering private settings or cases like these. there have been media petitions to break open that case which have been denied by thejudge. stakes are high to this case —— owning the new york post, fox news, and these powerful and influential outlets could see their p

the bbc�*s ritika gupta has more from new york. reached a fresh try and the 500 rose 17% extending the year again to 20% and the dowjones surged over 200 points topping 42,000 for the first time in the majority of industry groups closed out the session higher and big tech outperform dusty rate spurred investors to investors to return to a risk on mood and tesla gained 4%. stocks traditionally tied to economic growth also jumped traditionally tied to economic growth alsojumped and growth also jumped and financial giantjp growth alsojumped and financial giantjp morgan chase and caterpillar and home depo saw gains and better—than—expected jobless claims data added to the optimism suggesting the labour market remains healthy despite a slowdown in hiring. wall street has absorbed the message that a deep cut in a relatively strong economy will ultimately fend off the risk of recession and that has reignited hopes of and that has reignited hopes of a soft landing for the economy. shares of nike have jumped by around 8 percent in after—hou

welcome to business today, live from new york, i m ritika gupta. new pressures are open and new pressures are open and over. us has made the decidedly low energy stud to the last trading day of the week after closing at new record highs on thursday. the dow settled against 40,000 points for the first time. they have overcome initial nerves about a big interest rate cuts from the federal reserve after fed treasurer said the world's biggest economy is in a good base despite slashing the cost of borrowing by a jumbo half a percentage point. so what is next? for more,... let's bring in tim urbanowicz, head of research and investment strategy at innovator etfs in chicago. welcome. further, rest assured that rate can't, is reaching record highs but there are still high stock valuations, meaning that it is an extensive market. click that limit further gains despite lower rates? , ,, rates? this is probably their base -- _ rates? this is probably their base -- macbeth _ rates? this is probably their base -- macbeth case - rates? this is probably their i base -- macbeth case scenario base —— macbe

i m ritika gupta. to business today, live from new york, us shares have made a strong start this thursday — as investors wrap their heads around thatjumbo half—percent cut in interest rates from the federal reserve — and later comments from chairjerome powell. was it a panic measure — in response to a sharp slowdown in the economy? traders remember similar moves just before the dotcom crash — the global financial crisis — and the pandemic. well, in his press conference mr powell was keen to dispel any such negative thoughts. the us economy is in a good place and our decision today is designed to keep it there. more specifically the economy is growing at a solid pace. inflation is coming down closer to our 2% objective over time and the labour market is still in solid shape. our intention is really to maintain the strength that we currently see in the us economy. let's bring in steven schoenfeld, ceo of financial data provider marketvectors here in new york. we see equities rallying today. how is it set

first online university to teach dyslexic thinking skills. 0ur north america business correspondent ritikain group to find out more. dominic, a psychology student with dyslexia always struggled with dyslexia always struggled with spelling. i with dyslexia always struggled with spelling-— with spelling. i spelled which, like the witch's _ with spelling. i spelled which, like the witch's hat, _ with spelling. i spelled which, like the witch's hat, instead . like the witch's hat, instead of which place we would meet. my of which place we would meet. my bs and ds i would switch up. now he has new tools at his disposal. dyslexics are found to be enthusiastic adopters of ai. it to be enthusiastic adopters of ai. , ., ., ., ai. it is learning how to create things _ ai. it is learning how to create things and - ai. it is learning how to | create things and maybe ai. it is learning how to - create things and maybe that is where ai comes in.— where ai comes in. these exneriences _ where ai comes in. these experiences are _ where ai comes in. these experiences are part - where ai comes in. these expe

ritika — markets were a bit noncomittal yesterday — but a strong reaction today?uite the reaction. ., , . , that cut meant. today quite the reaction. ., reaction. today as you mentioned _ reaction. today as you mentioned as - reaction. today as you mentioned as and - reaction. today as you mentioned as and p i reaction. today as you l mentioned as and p 500 reaction. today as you - mentioned as and p 500 hitting a new highjust a day mentioned as and p 500 hitting a new high just a day after thatjumbo interest rate cut from the fed. it is true that previous big cuts may have foreshadow graver eventually the economy, if you think of the economy, if you think of the global financial crisis and the global financial crisis and the pandemic that the markets aren't seeing it that way. any fears of a weakening economy have been brushed aside at least for now. powell's comments added to that optimism. he said, as you heard, that the labour market is still solid and inflation is coming back to target. the narrative at the moment for markets is that the fed is more aggressiv

early trade in asia is looking mostly positive. 0ur north america business correspondent ritika gupta

the bbc�*s new york business correspondent, ritika gupta has the latest from new york.at the start of 2025. for the last 15 months, amazon employees have been expected to work in the office three days per week. now, jassy expects five days of in—person work from employees in an effort to re—establish pre—pandemic norms of office culture. if amazon employees don't follow the current policy, it could hurt their chances of being promoted, and exceptions for working from home will be subject to an additional layer of leadership approval. jassy has previously advocated that employees work in the office, writing that a physical presence improves company culture. it also comes as amazon has invested into its office spaces in recent years. and jassy is joined by other big tech executives, like tesla's elon musk and salesforce�*s marc benioff, who have also called for similar return to office mandates. however, it's a push that's proven unpopular amongst some tech workers. last year, a number of corporate employees staged a walk—out at its seattle headquarters, citing multiple g

financial relief from the lowered rates after a two—decade high. 0ur north america business correspondent ritikaized interest rate cut aimed at bolstering the us labour market. the half a percentage point cut brings its key interest rate, the federal funds rate down between 4.75 and 5%. it comes amid signs that inflation in america is continuing to fall while the job market remains strong even as unemployment has risen this year. the labour market is actually in solid condition. and our intention with our policy move today is to keep it there. you could say that about the whole economy. the us economy is in good shape. it is growing at a solid pace. inflation is coming down, the labour market is in a strong place. we want to keep it there. additionally the committee which sets rates released its latest forecast showing that policymakers expect to cut rates by a further 0.5% bringing us interest rates below 4.5% by the end of this year. while these rate cuts initially only affect short—term borrowing costs for banks, they should spill over to consumer loans such as mortgages, auto loans and credi

there are also concerns about the wider us economy — that led to a wider sell—off on us markets, as ritikaeltdown, ending the session down 2%. this comes after a rally that put the benchmark

the bbc�*s ritika gupta has more from new york.the us government has concluded they can't be trusted. back in february, president biden ordered an investigation into whether chinese vehicles posed a national security risk, resulting in the proposed ban. if enacted, it would focus on text that connects vehicles if enacted, it would focus on tech that connects vehicles

the bbc�*s north america business correspondent ritika gupta has the details.