Guarding a region wants to reduce its dependence on travel savvy brits in the brits. Are welcome to the program. U. S. Lawmakers have urged facebook to halt its cryptocurrency plans they want time to investigate the risks libera poses to the Global Financial system it comes as regulators in europe call for closer scrutiny senior official of britains financial watchdog says the issues raised require deep thought and detail. Introducing lead for a new global currency designed for the Digital World facebook has promised finance for the future with its new crypto currency and im saying its arrival. Would empower billions of people even those without Bank Accounts will be able to send money around the world with these whats more Facebook Says libra will be whats called a stable coin meaning it will have none of the volatility associated with bitcoin and other quick 2 currencies it says it will ensure that by linking its value to other a stop list global monetary systems. Major corporate pla
It was a big rally yesterday gave back many of the gains late in the session the dow did end up more than 100 points by the end of the session. Overnight in asia, a bit more muted today after the big gains yesterday in the markets the hang seng opening after being closed on monday for a holiday. Its the stock market trying to do some catch up it was up by 1. 2 . Shanghai was flat. Nikkei was up by a tenth of a percent. In europe, some early trading taking place a bit of a mixed picture there. Ftse up by a half percent. Modest declines for the cac and the dax. Stocks are higher in italy and weaker in spain. In the United States, if youre watching the threreasury market the tenyear is yielding 0. 15 lets talk trade President Trump saying trade talks have begun following his meeting with president xi jinping at the g20 speaking at the oval office yesterday, the president said the renewed talks are being held by phone any trade deals will have to lean in the u. S. s favor obserit has to be
Regulators in europe call for closer scrutiny a senior official of britains financial watchdog says the issues raised require deep thought and detail. Introducing leaper a new global currency designed for the Digital World facebook has promised finance for the future with its new crypto currency and im saying its arrival Mark Zuckerberg said libra would empower billions of people even those without Bank Accounts will be able to send money around the world with these whats more Facebook Says libra will be whats called a stable coin meaning it will have none of the volatility associated with bitcoin and other quick talk currencies it says it will ensure that by linking its value to other established global monetary systems. Major corporate players are already backing libra even if some of the worlds financial leaders are not. The bank of england approaches libor with an open mind but not an open door. And now a group of u. S. Lawmakers has written to facebook asking them to put their cry
10 00. Yes, our 10 00 get, Peter Navarro, looking forward to that as well. First hour, lets get to our road map renewed trade uncertainties, of course, thats what were talking about just now, weighing on stocks. The s p is poised to pull back from that record as the Trump Administration now threatens new tariffs on the eu. And as jim just said, white house trade adviser Peter Navarro will join us, first on cnbc interview. News, news, news, news. It should be. Always enjoy having mr. Navarro. Plus, cook, absurd and dont match with reality apple ceo tim cook blasting reports of tensions with jony ive. We have in nike backlash, the Company Cancels plans for some sneakers a big issue, but some sneakers they were going to put out with an early version of the American Flag you know their Customer Base my father, his workshop, we went there 50 times, across the street, and i just i know the countrys a changed country, but that is kind of a proud art of the philadelphia tradition but hey, you
Road near highway 101. Chopper 5 is live overhead. The first reports indicating it was the chp involved in this case. You can see that Law Enforcement is down there. It looks like somebody may be on a gurney. You can see all of the damage done to the front end of that vehicle. Both vehicles. It looks like someone may be injured. Again, this is the end of a Police Pursuit ending in rah headon crash. It looks like at least one Person Injured in this crash. We are starting to get some details coming into our news room. As soon as we get more information, we will share that with you. In other news, protestors around the bay area and across the country urging lawmakers to close the camp. They claim the immigrant detention facilities are inhumane. Good afternoon, everybody. Kenny is off today. Lets get right over to kpix 5 n anci e protest going on in . Rorter a ophecrsenator di feinstein. Ill let you take a look at some of their signs. We have people of all different ages and ethnicities he