Climbed down. David both hong kong and Mainland China have come out in opposition of that senate bill which passed this morning, risk off as you can see here, 8 10 of 1 on the nikkei 225. Talking 25,000 for this one as well. China kospi down 1 , hind sang giving up about 230 points at the a sx 200 leading across the region, 1. 3 . Rishaad banks are under a lot of pressure. Also looking up what is going on elsewhere, other Asset Classes in play at the moment. The 10 year yield is unchanged in china, even as we got that caught. The 10 year yield is four basis points down in the u. S. It was only about a week ago we were talking and questioning whether we would get 2 . One thing adding a bit of negativity is the snp active afters, 3 10 of 1 lower a choppy session in the u. S. , retailers really dragging things down, the snp lower all of nasdaq did hit a record high. Cnh is to tenths of 1 lower. Su keenan has your update on first word news. u. K. Prime minister Boris Johnson Opposition Lea
Years, along with china and others. Alix and today is the start of the fomc meeting, and hes been putting a lot of pressure on them. What are you guys doing for me and my growth . David it is fascinating that hes really accusing them of being a currency manipulator. Alix we have another headline crossing, saying that they a rate cut as a primary tool for stimulus, outlining what draghi said. What is surprising in that headline is that the rate cutting will be the primary one. David particularly because he mentioned Forward Guidance and the asset purchase program. Now the report is that when they do it, they are going to do it through the rate cuts. Alix to me, the question is how much lower do you want to go . You are already at a 40 basis points. How low do you go, and what does that mean for your tltro, the longterm Borrowing Program . David and ultimately, is that going to get them to do percent get them to 2 . They havent gotten close. Alix our other story is facebook, so staying w
Tractortrailer. It also is one of the heaviest traffic days of the year and best fitting now around the International Airport you can see that behind us. No problems in either direction north or southbound to the airport. Well check in with drive times, 6 minutes to the blue route 69 Miles Per Hour is the average speed so you can see that reflected in the cameras and currently no problems or delays at the airport or surrounding airports right now. A good day so far. Reporter im Monique Braxton. Were going to have an update on heightened security and what that means for the passengers in a few moments. Well, phl put out a list of five things holiday travelers need to know this year as they leave their homes. One, dont look for u. S. Airways signs at the airport. The airline has been merged with american airlines. New security corridor is open between terminals e and f, no passengers can move from one to the other without being prescreened. If you are parking at the airport go on line an
Erika cabrera got video of the aftermath as rush hour drivers and pedestrians looked on in disbelief. I heard about ten or 15 shots fired and was trying to figure out what was happening, where it was coming from. Reporter trooper Patrick Casey tried to get his cruiser in front of the fleeing car, but the suspect rammed him and opened fire just before slamming into the bus. We saw the cops draw these big guns and they are behind their cars with their guns out. Reporter all the while, the suspects car had caught fire on rapidly engulfed the bus as officers tried to arrest the driver. Looked like he was talking into a cell phone, kind of kneeled down on the ground. They were approaching him and then as soon as they got close, he stood up and started to run. They have somebody arrested, so i decided to, you know, focus my camera down there and thats when i seen the suspect in handcuffs. Reporter the 17yearold driver and 19yearold passenger were taken into custody while investigators were r
Theks the hush falls over the hush falls over the room. We will start. Our guest today is douglas Congressional Budget Office director. This is his fifth visit to our room. Of the cbo inctor january, two thousand nine and brings an impressive background assignments. His master masters and doctorate in economics are from harvard. Our guest taught at harvard, and was on the staff of the council of economic advisers and the Federal Reserve board and served as the assistant deputy treasury secretary for policy. He was senior fellow in the Economic Studies Program it at bookings. Ritual recitation of mechanical details, as always, we are on the record. Please, no live blogging or tweeting or other means of filing while the breakfast is underway. There is no embargo with the session and, except that our friends at cspan have agreed not to air video of this session until one hour after the breakfast is over to give reporters in the room a chance to file. Finally, if you would like to ask a qu