Ive learned from doing my interviews how leaders make it to the top. I asked how much he wanted, he said to 50 and i did no due diligence. David i have something i want you to sell. And how they stay there. You dont feel inadequate being only the second wealthiest man in the world, is that right . For many years, the most successful Insurance Company in the world was aig, than the Great Recession came. Aig required 183 billion dollar bailout from the u. S. Government. That bailout has been repaid with interest. Aig has reshaped into a smaller but successful Insurance Company being led by peter savino peter zaffino. I had a chance to sit down with peter to talk about the new aig. For those who arent familiar with the property and casual insurers, what do they do . Peter we ensure small, medium, Large Businesses for property insurance, auto or financial lines, which is directors and officers. We also have a business that does business such as contractors or businesses that may not find i
Manufacturer three more names on board to report, including meta we have the story, the action, the trade into the print but we begin with dom chu with the numbers. Ty, todays bull run, at least todays bull run, trying to build on the last couple of days, is losing steam throughout the course of the late morning into the early afternoon session. The s p 500 is down one twaur quarter of 1 . So down 12, but at the highs earlier today, we were up roughly 19 points and down 23 at the lows of the session. So weve been kind of losing a little bit of steam throughout the course of the day. The dow down about 1 3 of 1 , 117 points to the downside 38,384 the nasdaq composite just about flat so outperforming so far, only down about ten points. Again, it was solidly higher earlier in the session the come poise it index at 15,686 some of the headliners today include some big upside movers on the travel and leisure side, hilton up about 4. 5 right now a good quarter for them, better than expected e
My greetings, this is svoboda ranok, as always, at this time we are talking about the most important things, my name is oleg galiv and we are starting. It is worth waiting for good news in the tavriv direction said the operationalstrategic commander. Grouping of troops of tavria oleksandr tarnavskyi, what news is it about and how Ukrainian Forces are advancing on we will ask the military in this direction. Dead or alive . Russian state media are publishing footage of the apparently alive commander of the black sea fleet of the Russian Federation , admiral viktor sokolov. Instead, in ukraine they are talking about the death of the commander of the russian fleet as a result of an attack on the headquarters in sevastopol last week and are checking the information about his death. We analyze statements and videos together with an expert. Will there be blackouts for ukrainians this fall and winter, how are ukrainian substations protected and what are they preparing for in kyiv due to possib
The idea of a soft landing. Sticking to his guns. First up, on the markets, the s p has gone negative. We started out higher, but lost the gains pretty early here in the session. Down 0. 1 on the nasdaq. The s p holding up a little bit better. Groups like industrials and Education Services are all up, materials too, but its utilities, health care, financials, Consumer Discretionary and staples that are weighing in. Its kind of a mixed picture on the nasdaq, too. Because costco and amd are helping on one side, but apple is weak again and amazon is under pressure as well. So is microsoft and tesla. Got a little dicey here in the last few moments. A few days away from a new month of trading. The question on a lot of investors mind is whether the low we saw this month will carry deeper into the fall. Our next guest says feds higher for longer messaging will remain difficult for the markets to digest, but he does see reason for optimism on the horizon. Joining us this morning, yungyu ma. Pe
Sectors and the negative. U. S. Futures also lower right now. S p 500 closed down through off session lows. Finance chairs also finance shares also down. This follows the Central Banks move to hold policy rates steady with officials trying to work out whether the stimulus they have is working. We have yields being up as well, 5. 09 for the twoyear, the 10 year 4. 36 . And oil having a bit of a breather, brent crude down 1 to 93 a barrel. Wti at 90. Going back to what we were hearing from the minister of finance out of china, the National Development and reform, this is what they have been saying. Talking about the economy, the cpi, to rebound, the country is not facing deflation and has not had deflation. The chinese economy is continuing its recovery in august, a curious statement here about the economic recovery being a treacherous one. But also saying that economic positivitys are increasing. This is what they were talking about when it came to the currency of the yuan. Another head