Start of friday. And we will look ahead to wall street as well. The british Prime Minister offers to ensure the post Brexit Rights of Three Million eu citizens living in the uk. Later well have a wrap up of this weeks big economic stories with our correspondent andrew walker. Research in the Daily Telegraph has found well qualified people who voluntarily talked about Theirflaws Injob interviews were more likely to win the role. Today we want to know, what are your weaknesses . Being Gay Perfectionist is not allowed get in touch just use the hashtag bbcbizlive. Being a perfectionist. Always horrible when that question comes up. We will share hours with you later. Hello and welcome to Business Live. We start with the price of oil, because once again despite the best efforts of the Oil Producing nations to prop it up, it is on the slide. Lets show you whats been happening. This week the talks all been about this guy hes back. Traders refer to a bear market when the price of an asset falls
A 42 year high headline, low headline looks awesome but what is your forecast . Neil dwane probably in the next 18 months as we go through brexit negotiations you can see at the margins, unemployment will rise again. Would say is the u. K. Has done very well in the shortterm because the u. K. Consumer has borrowed and spent. Savings rates in the u. K. Have no collapsed to the lowest level possible and your headline is that there is a wage squeeze. Postbrexit, it will constrain the spending by the u. K. , if money isumers cheap, they borrow from the fed they now borrow and spend. The bank of england is worried about the system and all of the other things we have seen in the u. S. So everything has been pulled forward in the u. K. Which is why i am more nervous that we see a slowdown, even if we get the government be a more fiscally supportive. I dont think in the next 18 months that it is a good thing. Alix for the hawks are doves . Joshua feinman i dont think it will raise rates. Alix
A 42 year high headline, low headline looks awesome but what is your forecast . Neil dwane probably in the next 18 months as we go through brexit negotiations you can see at the margins, unemployment will rise again. Would say is the u. K. Has done very well in the shortterm because the u. K. Consumer has borrowed and spent. Savings rates in the u. K. Have no collapsed to the lowest level possible and your headline is that there is a wage squeeze. Postbrexit, it will constrain the spending by the u. K. , if money isumers cheap, they borrow from the fed they now borrow and spend. The bank of england is worried about the system and all of the other things we have seen in the u. S. So everything has been pulled forward in the u. K. Which is why i am more nervous that we see a slowdown, even if we get the government be a more fiscally supportive. I dont think in the next 18 months that it is a good thing. Alix for the hawks are doves . Joshua feinman i dont think it will raise rates. Alix
Cramer and david faber. Netflix surge. Stocks open higher as a big beat. Shares of Goldman Sachs are falling in the premarket despite what was an earnings beat. Dropping plans to replace obamacare. What that move means for the rest of the trump agenda, issues like taxes and trade first up, netflix is poised to open at a record high. Sub growth coming in much better than expected in the Second Quarter. That news overshadowing the earnings miss. Reed hastings on last nights Earnings Call. Anything notable beyond 5 million net ads in q2, alltime record for q2, up sequentially from q1. I think were seeing the rewards of doing great content, focused on the quality of the service are paying off. More than 1 million added in the u. S. Alone estimate was for like 600 k. People are wondering whether or not the shows are pulling subgrowth demand forward well see. I have to tell you this is one where i really this was a joyous Conference Call it was a great presentation. I found myself uplifted.
Make it in America Brian set to Showcase Companies that not only are making their products here in the usa but theyre also making money doing it power lunch starts right now thats right, melissa break out the National Anthem and send in the eagles because were going to america this week all right. Stop me if youve heard this one before the dow hitting an alltime high on this final day in july. It has been a red hot month for your money the dow, s p and nasdaq all on track for their biggest gains since february check this out the dow is now up nearly 11 this year. The ntds really banking some investor coin. Up nearly 18 just this year now, if you own these two stocks, you are probably both happy and sad today. Boeing soaring again hertz hitting the skids. They got a downgrade were also keeping an eye on oil atop 50 a barrel earlier in the session. But now it is moving lower tyler. Thank you very much, brian. Welcome, everybody im Tyler Mathisen we begin this day as we so often have in r