Edward lawrence is at the white house. Jackie deangelis on the floor of the New York Stock Exchange and grade did Grady Trimble watcg the oil and gold from the cme. Edward, what is going on . Reporter labeling china a currency manipulator trigger ad process to allow the International Monetary fund to mediate negotiations. These negotiations over currency though of the Treasury Department working on a report hassing suggestion for china to get off the list. In that report will be a few suggestions already that the u. S. Would like to see the trade imbalance between china and the United States come more in line. They would like to be, see china more transparent on their exchange, how the Currency Exchange actually works. As well as chinas reserve management operations. They want to see more transparency there. The central bank of china says they do not manipulate the currency although today the yuan stablized against the dollar. The administration is saying this is more than just about c
Climate advisors warn ministers to get real over global heating, and say theyre taking a dads army approach. Frontline Police Officers say the service in england and wales has been cut back so much it isnt robust enough to respond to changing patterns of crime. Ask alexa. Users of amazons digital assistant will now be able to get medical advice directly from the nhs. And after crashing out of wimbledon, Johanna Konta turns the tables on a journalist at her post match press conference. Please dont patronise me. I wouldnt. Im not. No, no, you are, in the way that youre asking the question, you are being quite disrespectful and youre patronising me. Good morning and welcome to the bbc news at 9. The former Prime Minister, sirjohn major, has told the bbc he would be willing to go to court to prevent Boris Johnson from suspending parliament to ensure britain can leave the eu without a deal. Sirjohn, whos backing jeremy hunt, said it would be utterly and totally unacceptable to deny mps thei
That is good news, right . Industrial production came in line and we saw Consumer Sentiment swept of a little bit. American express, visa and exxon leading the way on the dow and keeping an eye on ups. Shares have been down, the company warned 2013 numbers are going to be a little weak. They did handle record amounts of packages ahead of christmas it was after christmas that the company hit their margins, had a slew of borders, tried to keep up and face tough weather conditions. 1. 5 for ups. Ashley thank you. Lori is not just ubs, elizabeth arden, soda stream, lulu lemon, game stop among Companies Cutting their earnings forecasts. Negative sentiment crazy high on wall street, 96 companies on the s p 500 issue here earnings outlooks for the Fourth Quarter. They are well below wall street consensus. Corporate america at its most pessimistic level ever. David lucks is managing director at stifle nicholas. Market watch had this great title, warnings that record high so they are asking is
Cliff. Our very own lou dobbs is not buying it. Adam our very own Nicole Petallides is on the new york stock exchange. Where do we stand right now. Right now the Dow Jones Industrials are down nearly 60 points. The nasdaq composite is down three quarters of 1 . Not a great day here. There are concerns about the fiscal cliff. We just have the deadline timeclock up again. We know that we have very accommodative feds. Lets take a look at some european markets. Finance ministers have been discussing things including giving them more power. These are some of the things that they are looking at closely. We had seen europe really pushing some new recent highs. That is something that pushed us along in the last couple days. Lori a showdown in washington. Sparring over a dead deal. It does not look like either party is ready to budge. Where are we now, rich we are still in the middle of a work in progress. That could be a little bit of an understatement. Democrats say they want a commitment fro