World. It rendered useless hundreds of computers and hospitals, schools, businesses and homes in over 150 countries. They received ransom demands and this was a careless and reckless attack. It affected individuals, industry, government and the consequent is worried beyond economic. The computers affected badly in the uk and their health care system, not just money. After careful investigation they are attributing this to north korea. We do not make this allegation lightly and we do so with evidence and partners. Other governments and private Companies Agree the united kingdom, australia, canada, new zealand, and japan have seen our analysis and join us in denouncing north korea for want to cry. Commercial partners have also acted, microsoft attracted to the korean government and others in the Security Community have contributed their analysis. The security of our computers is vital to free and fair trade and fundamental principal to our liberty and accountability and cooperation are t
Because of what we saw in london in the underground station the ftse is down 50 points. Cheryl kospi index is up. Lauren President Trump tours devastation in florida and talks tax cuts for the middle class. Cheryl unusual investigation after data breach in equifax, the company had a patch to stop the breach but they didnt install it. Fbn am starts right now. Lauren 5 01 a. M. On a very busy friday morning, september 15th, thank you for joining us. Im lauren simonetti. Cheryl good morning, im cheryl casone, i want to get right to the breaking news for you. Out of london, a chaotic scene thats unfolding right now in london. Youre looking at the map, parsons substation, explosion inside a tube train during morning rush hour at Parsons Green, some passengers have been left with facial burnses, witnesses say that many people ran for the same door out of that carriage, some of them pushed over and trampled. There was a white bucket on fire inside of the train. Lauren lets listen to sister st
50 votes instead of 60 politics is very much on the front bunker again this morning president pushing hard for miss cladle tax cut drawing democrat support wherever he can and deal seems to be shaping up dreamers wont face deportation thats a deal on daca and wall will be built. The republicans total disarray dont forget this. The market, a new high for Dow Jones Industrial 22,203 a fractional loss today. What a day Varney Company is about to begin. Right to the terror incident in london i want to know what happened early this morning ashley. Improvised left on London Underground train and in the u. K. Section of it is overcrowd it is the wimbledon line happened in a place called parson green about five stops up from wimbledon for anyone familiar with the two situation. It did detonate but did not fully it was a device left in the shopping bag, with a timer on it. So police say hay do not have a suspect or suspectings yet in custody so a massive man hunt going on. They believe that thi
Another financial crisis in our lifetime. We have the world covered on daybreak asia. We go to San Francisco and the followed from the cyber fallout from the cyber attack. We go to shanghai on the growth of the internet of things. Asia. S daybreak im in new york, where it is just after 7 00 p. M. We are in for some central bank speak. What an eventful tuesday, right . First it was mario draghi a bit more hawkish when it came to inflation. Then the selloff fueled by janet yellen talking about rich valuations in the market. Betty you used to not be able to get anything out of these central bank chiefs, but now they wont shut up. Particularly janet yellen and her talk about valuations getting more rich. That also sent some of these tech stocks tumbling, dragging down the nasdaq. We will talk about that in a few moments. Yvonne that is right. A lot of jitters when it came to tech. Alphabet slapped with a record fine from the eu. We will look at the cybersecurity attack we have seen that ha
Working are downright toxic. Specifically the banks, the restaurants, and the retailers should be on fire right now. But instead they are houses on fire. And theres no letting up in the flames even as the averages rebounded hard today. After opec announced it might cut back half a Million Barrels of production in november. I think this is more of the same where they rumor the price high, which worked again, and then kind of do nothing meaningful. Nevertheless, as i have said over and over again to you, anything that drives oil higher takes stocks higher, and thats sure what happened today with the dow ultimately gaining 111 points, s p climbing. 53 percent. The linkage remains that great even as i urge you to be skeptical of any socalled deals when there is such a worldwide glut of oils. We need millions of barrels to be cut, not less than a million. This means the amount will not give you a lasting impact. I want to talk about whats happening with these beleaguered groups i mentioned