2 , the catalyst was moodys downgrading the Credit Rating on several small and medium sized us banks, Including Mmt and pinnacle financial. The red flags raised the Ratings Agency included a potential recession, as well as problem side to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed for the first time americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft, which reported results after the us market close, ebbo s small arrival is focusing higher revenue in the Third Quarter based in part by a Postman Damik rebound in ray jones. Meanwhile, an electric vehicle maker posted a narrower loss than expected and raised its Production Guidance for the full year. Elsewhere on wall street this morning, nine companies, including ban
In beijing would like to see winning the race for the white house. 0ur china correspondent Steve Mcdonell went to the Great Hall Of The People to try to find out. Later this year, the us announces their new president. What were the chinese comic party believe the of this equipment communist party. Its like pulling teeth. All clamouring there is a sense from the delegates that they dont want to speak out of turn when it comes to expressing an opinion on us politics. But they are worried about china us relations and they want them to improve. Good effort from Steven Mcdonald there. Lets get more on chinas Economic Vision for the future now, and its leaders have set out what theyre calling an ambitious Economic Growth target of around 5 this year. China is facing a property crisis, falling prices and high youth unemployment. Heres chinas premier li qiang on their strategy going forward. Translation these expected targets i are proposed taking into account. Both domestic and international
Respond to the dojs request for protective order. D. C. Judge says, mondays deadline stands. Earlier today, trumps team had asked for three more days to respond. Again, the judge just denied that request. The doj, filing includes trumps ominous truth social post last night that read, quote, if you go after me, i am coming after you. Trump also called Special Counsel jack smith a, quote, Deranged Human Being and a gop dinner in alabama. If the judge does grant the protective order, trump wont be allowed to share testimony or any other Trial Materials with the public. This comes as one of the top witnesses against trump is already being harassed. Former Vice President , mike pence. In new hampshire, heckled with names like traitor, just days after the doj revealed he took careful notes on trumps coup attempt. You didnt uphold the constitution. You committed treason. You committed treason you committed treason hey pence on the fence. Rolling stone reports, the attacks on pence are even mo
also on the programme. pretty sure we know which sidejoe biden is on. he is in south carolina this hour, pitching more money into solar and renewables. how does science respond? we will talk about the role of ai in all that. and whether uk scientists will have a seat at the biggest table. speculation today that britain might be ready to rejoing europe s multi billion dollar horizon project. brian taylor, former political editor of bbc scotland. he is pro indepence. maura gillespie, former deputy chief of staff and communications director for congressman adam kinzinger and former adviser to speaker of the house of representatives, john boehner. lets that with this debate over oil and gas production. the boss of energy giant shell says we need to continue to keep on dreaming. in an interview one speaker suggested we still need to discuss because we are not moving fast enough towards renewable energy. the reality is that the energy system of today continues to desperately need o
just five days ago. including an 83 million dollar defamation judgment against the republican front runner. and as the general election campaign has basically begun. standing by to talk about have a gun and take on trump and offer his reaction to e. jean carroll s massive victory against him. plus, from my department store in the 90s to her day in court this week, andrew weissmann and katie phang are going to join me for a deep dive into how carol s case against trump got to this point. and what comes next? also, could nikki haley be doing joe biden a favor by calling trump confused? and what are the factors the haley team is weighing as they decide how much to turn up the heat? and later, there is some big civil war energy coming out of texas, as greg abbott taunts the federal government with his actions on the border. i ll talk to about just how crazy things are getting, in his home state. as we come on the air today, we re getting some breaking news out of th