That is significantly better than how we started the day. Whats causing all of this . There are a number of things and not the least of which is a concern about Global Economic growth particularly in china. China is the worlds second largest economy. That means consumers are very important both to their economy and ours and there have been growingx1yj8suniscal. No carrier Global Demand for crude oil, and if you have an economy thats not necessarily function and growing youll have less demand for crude oil and thats why weve seen crude oil prices fall. Whats happening today is a lot of worry, but perhaps it was unnecessary panic at the start of trade because things have gotten significantly better. That being said, there have been a number of investors that have said that they think that a correction is due. Correction basically means when we see stocks fall anywhere from 10 to 19. 9 from their most recent highs, and many investors have thought that some of the stock prices were too hig
Potentially deadly attack. Research online helping residents and visitors navigating the world meeting of families next month. The big story on action news, is breaking news from wall street. The dow is suffering a massive selloff after asian markets went down overnight. We have more. At the drop at the open, u. S. Markets have snapped back quite a bit. You can see the dow is down 220 points, the nasdaq is 45 points and the s p 500 in the red by just 29 points, but again in the first few minutes of trading, 89 dow plummeted 1,000 points the biggest drop since 2008. Did this happen and what she would our response be, the response by you and me regular folks. The heavy selling around the globe was sparked by fears that chinas economy is slowing dramatically. The Second Biggest Company in the world and many are worried how a slow down there could affect trade here. Beijings move to devalue the currency raised the alarm that its economy may be in worse shape than thought. What does it mean
For bloomberg and cnn. With me in new york, is dan senor. Im pleased to have all of them future talk about this. Tell me what happened. It was a huge meeting for the president. He had a really rough first seven or eight months. Now he goes into september where there were a lot of chips stacked against him. He had to reach a deal to fund the government, avoid a shutdown, get money for the recovery of hurricane harvey, and convince lawmakers to extend the debt ceiling. This is a debt ceiling he repeatedly, before he was president , said should not be raised. He goes into this meeting with Republican Leaders and democratic leaders. He walks out cutting a deal with ethical and Chuck Schumer. To extendo they agree the debt ceiling into early december and fund the government until then, but he makes a gentlemans agreement with Chuck Schumer to consider forever of the debt ceiling votes that have played Congress Since the 1990s. It would remove the requirements every year or two where congres
Reporter for the Washington Post. Margaret talev, a Senior Analyst for bloomberg and cnn. With me in new york is dan senor. Im pleased to have all of them here to talk about this. Tell me what happened. It was a huge meeting for the president. He had a really rough first seven or eight months. Now he goes into september where there were a lot of chips stacked against him. He had to reach a deal to fund the government, avoid a shutdown, get money for the recovery of hurricane harvey, and convince lawmakers to extend the debt ceiling. This is a debt ceiling he repeatedly, before he was president , said should not be raised. He goes into this meeting with Republican Leaders and democratic leaders. He walks out cutting a deal with nancy pelosi and Chuck Schumer. Not only do they agree to extend the debt ceiling into early december and fund the government until then, but he makes a gentlemans agreement with Chuck Schumer to consider forever getting rid of the debt ceiling votes that have pl
Senor. Im pleased to have all of them here to talk about this. Tell me what happened. It was a huge meeting for the president. He had a really rough first seven or eight months. Now he goes into september where there were a lot of chips stacked against him. He had to reach a deal to fund the government, avoid a shutdown, get money for the recovery of hurricane harvey, and convince lawmakers to extend the debt ceiling. This is a debt ceiling he repeatedly, before he was president , said should not be raised. He goes into this meeting with Republican Leaders and democratic leaders. He walks out cutting a deal with nancy pelosi and Chuck Schumer. Not only do they agree to extend the debt ceiling into early december and fund the government until then, but he makes a gentlemans agreement with Chuck Schumer to consider forever getting rid of the debt ceiling votes that have plagued Congress Since the 1990s. It would remove the requirements every year or two where congress agreed to raise the