Citing alibaba to cut prices by as much as 55 for more than 100 products. Alibaba currently trading down 0. 6 . In the markets it is trepidation. Investors waiting for that crucial pce data out of the u. S. On thursday after a hotter than expected cpi data, prompting questions about perhaps what signs may be gleaned from the data to suggest what the fed might do with rate cuts. Bear in mind, Market Expectations now coming to about an 80 basis point car from the year, down from that 150 basis point level. In the broad market in terms of the Chinese Market, inching higher at this point in time. Csi 300 index up by 1. 6 . Still, there are concerns despite more Foreign Investors pouring money into the Chinese Markets, concerns about the clampdown prompting the expectations of more meddling by china. Gains due for the philippines and malaysia. The nikkei 225 currently consolidating, down 0. 6 after reaching new record highs. In terms of the fx space we have the yen trading at 149. 78, below
rose garden. your wishes, your prayers over this past week and the calls i have gotten. i also want to thank the medical team here at the white house for the incredible care they gave me. fortunately, god thankfully, thank god willing, my symptoms were mild, my recovery was quick and i m feeling great. the reality is that ba.5 means many of us are still going to get covid, even if we take the precautions. that doesn t mean we are doing anything wrong. unfortunately, this covid is still with us. as it has been for 2 1/2 years. the president s doctor says his patient will wear a well-fitting mask indoors for the next ten days and increase his testing to protect those around him. we have new reaction to the bombshell news from the justice department first reported by the washington post that the doj is investigating former president trump s actions leading up to the january 6th insurrection as part of its criminal probe into efforts to overturn the 2020 election results. t
Sometimes people have a difficult time doing that but a few months ago the premiere said he didnt want to see a devaluing at all this year. Now down by 44 points. S p futures off by 4. 5 and nasdaq down by 10. Cac is off by one third of a percent. It didnt beat forecast reven revenue above projections. There was a 3. 5 jump and the Home Improvement retailer raising its fiscal 2015 sales and Earnings Guidance. Brian joins us in a few minutes to weigh in on the latest results but u. S. Comps were strong as well. Up almost 6 . The company has now had beaten 11 quarters in a row. So it was widely expected it was going to be a 12th and thats exactly what happened. Shares of home depot down. Pretty good run for the stock as well this year. Based on the housing data weve seen lately including yesterday, this was widely expected to be another beat quarter. As you mention, theyre giving good guidance for the year. They see same store sales up 4. 1 to 4. 9 for the year. Thats what theyre expecti
Life of organized crime boss al capone. And on book tv afterwards program at 10 00 p. M. Eastern they discuss the impact that immigration and on the economy. And we wrap up our saturday prime time line up lineup at 11 00 p. M. With former banker the fish serves banker. How i destroyed swiss bank secrecy. That all happens next on cspan to book tv. Ladies and gentlemen thank you for joining us here in our headquarters on this beautiful fall day. Thank you as well to our Television Audience in our online audience i have nick eberstadt. And author of this book men without work americas invisible crisis. My colic here director of bookings institutions. We are can and try something a little bit different today hes gonna be the emcee of our event today with you here. Do you want to take over the baton now. I thought that it was usual that the emcee talks first. We want to welcome aei today neighborhood. It is to the west of brookings. I am really glad that nick has done this book because i th