Elections. And sporting chinas biggest swimming star defends his behavior during a random drugs test sanjana gives evidence during a public hearing where he were speaking banned from the sport for up to 8 years. In just under one hour the former u. S. Ambassador to ukraine will appear before the impeachment inquiry into Donald Trumps conduct moravia van of it was dismissed from her role in kiev earlier this year after what she says was a campaign to discredit her by donald trump and his posts noir Rudy Giuliani so who is the real your benefits and why is the testimony so important well shes a career diplomat who had served as ambassador to kyrgyzstan and mania before posting in may donald trump removed her. After what she says. Weeks of negative a campaign to discredit her shes expected to give evidence about the circumstances also her dismissal and what democrats say were efforts by transpersonal lawyer Rudy Giuliani to get ukraine to investigate the president s political opponents le
Kevin mccarthys job . Theyre on trial, begins tomorrow. The former president is expected to and who might take the witness stand. Later, at debates tend all debates. Should republican president s stop meeting like this . They really love to one bank winner. Hence, no one on that stage. A very good day to all of you from msnbc World Headquarters in new york. Welcome to alex witt reports. Were going to begin with the breaking. News new reaction straight from the white house. Just moments ago, President Biden speaking out on the lastminute deal, and the Late Night Boats Yesterday that averted a Government Shutdown. Truth is, we shouldnt be here in the first, case we shouldve gone here in the first case, its time to end governing by crisis saying keep your word when youre given it in congress. Also today escalating turmoil in the republican to remove Speaker Mccarthy after the messy gop congress stared right into a Government Shutdown, only to be pulled back by democrats in the final hours
Countdown, everybody. I am anna edwards. Manus i am manus cranny. Stanley fischer talking yesterday about are we more than one and done . Anna a big question, really fascinated about negative Interest Rates as well, such a profile internationally in central banking circles talking about how negative rates seem to be working elsewhere, even know theyre not on the table in the u. S. Pointing out that that will be of interest, but what is of interest to the treasury market in particular is the hawkish commentary we have seen. Manus and it is just a flow, the middle of the curve has had the worst month since last year. We should look at the very short end, twoyear Government Bond yields in the red, never far from the work function is anna edwards. What you have here is the probability of a rate hike, twoyear bond yield in the red, twoyear yields are having the worst august since last november. The yield curve itself, two years versus 30 is the narrowest since 2008, and this part of the yie
Losses. Hillary clinton takes on president obama saying she does not support his transpacific trade pact as she outlines her plan to take on wall street if she becomes a democratic candidate. The story of the day. Lets check in on european lenders and they paired back their losses at the start of the session. This is because germanys largest bank stunned investors by announcing a record 6 billion euro loss and in an exercise in what theyre calling kitchen sinking we have him outlining a slew of charges and write downs that may cost the company its dividend for this year. Total charges could top 6. 2 billion euros and this goes back to a lot of missteps when it comes to corporate banking. Right. Most comes from a 5. 8 billion euro investment charge on the Investment Banking side and private client business as well. Bank also set aside more funds for Legal Provisions and a write down on chinas bank. Those factors all coming together to surprise the market and carolyn has more on that. An
And after the comcast time warner deal yesterday another merger has just been announced. A purchase. Joseph a bank will buy the eddie bauer brand. The deal comes after joseph a bank flirted with a merger with mens wearhouse. Why are we so obsessed with using the word merger . I think joseph a banks i think i want to flirt with that. Cristina alesci is here now. You talk about mens wearhouse, joseph a bank. Forust to make clear viewers what i am talking about, because it is part of the bloomberg way, there is no such thing as a merger. It is one the company acquiring another. Was it a good purchase . No, investors are reacting pretty negatively. Shares in the premarket were dropping for joseph a bank. It looks a little bit confusing. Bankmonths ago joseph a made an aggressive quasioffer. Now they are going into a completely different business, the casual down market. I didnt know eddie bauer still existed. It was not a publicly traded company. They got the listed when it was taken priva