That really has been down to currencies. The dollar index is up at the moment, but if you look at it over 24 hours, actually, its down by. 3 ,. 4 percent. One of the main beneficiaries of crown weakness has been strength. Sterling has been propelled about 1. 5 in the last day or thereabouts. The dollar weakness has been felt with the yen also moving to the upside. Theres another reason we are seeing upside on equities in japan. Gold not a major beneficiary, though it was at oneweek highs at one stage after the dollar was sagging earlier on. Thats a look at markets. Lets head over to tom. Tom lets get you up to speed with some of the other first word headlines. The Trump Administration is ramping up tensions with china once again, designating six asnland Media Outlets foreign which it says are controlled by beijing. They include the economic daily, which provides a look at beijing economic news. The Administration Says all six are substantially owned or by atively controlled foreign gov
Posted thirdquarter earnings that missed estimates. We also have details ahead. Hack away. The u. S. Government says russia, china, and iran will seek to meddle in u. S. Elections going forward. How vulnerable are we . We get opinions from ethical hackers in our electioneering series. First to the top story, all about uber. Shares hitting a record low. Actions restrictions lifted. Years largest u. S. Ipo are now down nearly 40 since its may debuted. For more, walter joins us with in new york. With me and san francisco, Lizette Chapman who covers the company for Bloomberg Technology. Breakdown. What did we learn today . Reporter exactly what we expected. There was 1. 7 billion shares outstanding. A large swath of them have traded hands. Most widely traded stock today. Just sick ofle are waiting around for it to get better. We saw the stocks fall. There are some questions around when this could continue, considering a number of early investors are not underwater and could see potential u
Hack away. The u. S. Government says russia, china, and iran will seek to meddle in u. S. Elections going forward. How vulnerable are we . We get opinions from ethical hackers in our electioneering series. First to the top story, all about uber. Shares hitting a record low. Early restrictions lifted. Shares in this years largest u. S. Ipo are now down nearly 40 since its may debut. For more, walter joins us with in new york. With me in San Francisco, Lizette Chapman who covers the company for Bloomberg Technology. Give me the breakdown. What did we learn today . Reporter exactly what we expected. There was 1. 7 billion shares outstanding. A large swath of them have traded hands. Most widely traded stock today. A lot of people are just sick of waiting around for it to get better. We saw the stocks fall. There are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. Taylor walter, the volatility today,
Without objection the chair is authorized today declare a recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today, were here to examine the impact of facebook on the Financial Services and housing sectors. Our sole witness is facebooks chairman and ceo, Mark Zuckerberg. Facebooks plans to create a Digital Currency, libra, and a digital wallet raise many concerns relating to privacy, trading risk, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy, and the stability of the Global Financial system. I and other democrats have called for a moratorium on facebooks development of this Digital Currency, libra, and digital wallet until congress can examine the issues associated with a Big Tech Company developing these Digital Products and take action. As i have examined faceboo
Maria good morning, big show this morning, coming up mit professor of oh economics and obamacare architect is here to talk democrat medicare for all professes, International Policy analyst richard here to talk iran, lots to talk about this morning, dont miss a moment of it. Rally underway, joining the conversation fox business Dierdre Bolton and wall street journal Editorial Page Editor James Freeman and host of the secrets of wealthy women podcast veronica dagger. Happy friday. We have a firmer tone this morning, stocks surging earlier in premarket also the highs right now, but still higher as markets continue in rate cut, 2day meeting, july 30 or 31. 25 basis cut and this morning to you i keep thinking of microsoft, what a huge surprise that was the First Time Ever that Cloud Business just rocketed. But stock was left for dead, right, after the eu declared monopoly, its not just a oneman show. Maria leadership has helped the company. Yeah, for sure, i wonder why is it a 90 chance of