Are open to a partial trade deal plus the 8 billion surprise Johnson Johnson slapped with a massive jury award over an antipsychotic drug. Apple is facing criticism from china at issue, a third party Smartphone App that allows hong kong activists to track the movement of police first up, stocks looking to recoup losses from the selloff yesterday. U. S. China trade talks one day away wall street is also waiting the afternoon release of the minutes from last months fed meeting where well look for clarity or any kind of color on discussions about Balance Sheet or where rates may go from here. Terrible close. It was. It was ugly. A give up type move. Interesting actually daily path that the market took selling off in the morning and right ahead of the jay powell speech, the european markets closed, starts to trend upward, seems like it is going to find its footing, and then the kind of announcement of u. S. Visa restrictions on certain chinese nationals that basically people said, okay thi
Doubling the amount of money it has set aside this year. And this is how european markets have started their day. Well dive into these numbers in the next few minutes. And well be getting the inside track on excercising at home do you really need to go out to the gym, when you can do it all from the comfort of home . Theres an app for that. Today we want to know do really you need to spend pounds or dollars or euros to shed pounds at the gym . Is a run around or lifting weights at home better and cheaper . Let us know just use the hashtag bbcbizlive hello and welcome. Thanks forjoining us on business live. We start with the cost of borrowing because the worlds most powerful central bank the Us Federal Reserve has cut Interest Rates for the First Time Since the financial crisis more than a decade ago. Time since the financial crisis more the move disappointed Financial Markets not to mention President Trump. They wanted a bigger cut or at least a clear signal that more are to come. But
And town but not out walmarts ceo admitting his company fell behind amazon but now the pressure is on to play that catch up game. And finally peter thiel doubling down on his attacks against google why he says the search giants dealings with china should be a huge red flag for the feds its tuesday, july 16th. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange from wherever you are in the world you may be watching. Im dominic chu in for Brian Sullivan live pictures here, a screen shot of capitol hill where today congress will be Holding Hearings on Big Technology well take you there live in a moment first heres how you and your money are setting up right now the Global Markets are setting up their day stock futures indicating the dow will open just about flat, off by 4 points. Not much movement. There the s p up by 1 point. The nasdaq up by 6 to 7 points this after the major averages capped off another day of, yes, record highs the dow hitting its fourth rec
Will be an opportunityortunityor general publicl publ comment cos meeting afterg af closed sessiod therell be anll be anll be anlo comment on each discussion or action item policy agenda. Each comment is limited to two minutes. Please note that city policies along with federal, state and local law, prohibit discriminatory or harassing conduct against City Employees and others during Public Meetings and will not be tolerated. Moreover, Public Comment is permitted only on matters within the jurisdiction of this meeting body joining us president s of fine yes. Please call the first item. Thank you. I dont number three is closed session. Three a conference with Legal Counsel pending litigation. Right . And we will. We will need a roll call vote to invoke the Attorney Client privilege and enter into closed session for a conference with counsel. Okay, so, um. At this time, well be moving into closed session with Legal Counsel pending litigation before moving into closed session. We will take
Faber. Lots of news, m and a, Congress Returns to work, daca decision and Hurricane Irma, cat 5 storm. Rollback begins with Global Markets on the move as tensions with north korea remain high as the most powerful nuclear test was performed yet. U. N. Security Council Holding emergency talks. 30 billion when you throw in debt, one of the Biggest Aerospace deals ever Gregory Hayes will join us in an exclusive interview 30 minutes from now. Congress back in session. Deferred action for child arrivals is back in the spotlight. A big week ahead for the agenda as congress is back in session. The president is expected to end protections for young immigrants who were brought into the country illegally as children. This is the deferred action for Childhood Arrivals Program or daca markets looking to open in the red as investors get their first chance to react to the latest north korea threats. Harvey recovery, budget debt ceiling. Well see where tax reform falls in all of this after a weekend w