Particular group of industries and people that are directly exposed to the pandemic. Who come ofople their old jobs may struggle to come back them because people will take their time in going back to certain activities that involve a lot of direct contact with other people. I think the right thing to do and the smart thing to do for the long run is to continue to support those people as they return to their old jobs or find new jobs in different sectors of the economy. Great. When you spoke to us in 2018, the fed was just at the beginning of reevaluating their framework. That younce learned are particularly keen on some of the estimates that you showed of how the phillips curve and inflation trends had flattened over the last decades. Those realizations helped inform the feds decision to engage in the average inflation targeting model. In the spirit of careful what you wish for, should we actually see some of those trends start that itt, do you worry may actually be difficult to turn s
The days to come. David we have heard that the president is still contagious. Him fromey isolate people around him . And how will he do the debate next week . He says he is going to do it. Are a lot ofre challenges with keeping somebody who is infected in a safe space and not creating danger to those around him. We have seen this with the the fda plans to work as quickly president when he was going into as possible and will not cut the residence last night when he scientific corners to rush a had taken off his mask. Vaccine. We note there were photographers around him at that point. Hurricane delta continues to it is going to be important that strengthen as it moves toward not only the president wear a the gulf of mexico. Forecasters say it is a dangerous category 4 storm with mask but that his staffers and Anyone Around him also wear them in addition to keeping the distance, at least six feet from him. We do not know how long the end virus that virus can be infectious and it is a poin
Not good enough, eu leaders are set to say no breakthrough in brexit talks. Boris johnsons thursday deadline for walking away approaches. Bank earnings turned sour, jp morgan and citigroup slide despite posting betterthanexpected trading revenues. Bank of america and Goldman Sachs are among firms reporting today. Clinical complications, eli lilly becomes the latest company to pause its covid19 drug trial. We will bring you our interview with rival Johnson Johnson. One hour until the start of cash equity trading across europe. Thats look at what is going on in terms of futures. We are seeing gains and European Equity Index Futures even after live trade. An you can see ftse futures up 0. 3 , and euro stocks and dax futures little changed. In terms of u. S. Futures, you can see on s p and Dow Jones Futures slight gains, a little more on s p. Nasdaq futures up 0. 3 . Anna, you have earnings out. Anna lets get the closing details, the business talking about the year but remaining cautious o
Further. We are joined this hour by finance minister. The other big story today, lawmakers in washington take aim at the power of big tech. Saystitrust investigation they are abusing their dominant status. Australia coming online. Lets turn to Sophie Kamaruddin in hong kong with a checkup on markets. A two day rise, we are seeing pressure come through for the benchmark while the aussie dollar is testing that 71 popl after forming a double early this october. We are seeing action in the bond space. The front end of the aussie curb slipping with the three year yield falling as much as four basis points earlier in the session. This after australias updated debt issuance coming in less than expected. I want to highlight bhp shares. We are seeing the stock fall as much as 2. 3 this morning. Tesla bhp in focus be at flipping the board to check in on futures, s p eminis under pressure. The yen trading study but theres upward pressure on the stimulus deadlock. We are watching iphone makers aft
You know we look at the solutions we look take a deep dive into the issues theyve been chatting about all year now today were going to be talking with the twitter more also known as an l w the breakdown hot cast and following him on twitter for a long time listen to his clock ask the other great thing about this whole new universe of media stacy is that people who might not get on media get on and then they rise to the top and suddenly theyre like wow these people are awesome and i would put anything else in the. Days of the Republican National convention as donald trump improve his chances for reelection will get that perspective on this in politics. For the politic you know im larry king day for the Republican National convention will come upon us and with it has donald trump improve his chances for reelection lets get perspective from a well known republican who as indorse the democratic candidate for president and spoken out against donald trump she is Christine Todd whitman she se