Tension and confrontation serve the interests of anyone involved to trade consolation between china and the us has made some progress and is moving forward we hope the 2 sides will meet each other half way and find a solution on the basis of Mutual Respect equality and mutual benefit. This comes as the u. S. Trade deficit with Global Partners dropped by 4. 7 percent to 52500000000. 00 in september reaching a 5 month low slightly above expectations which were at 52200000000 dollars on year over year the current trade deficit is still 5. 4 percent higher than the same period last year exports declined 1800000000. 00 to 206000000000. 00 while imports also dropped 4 point 4000000000. 00 to 258400000000. 00 the us recorded its 1st oil star plus since 1978 of 252000000. 00 while imports on consumer goods fell 2 point 5000000000. 00 as cell phones and other Household Goods dropped by 800000000. 00 meanwhile at the opening of the 2nd China International import expo president xi jinping promise
A hand from San Francisco today to break down the latest security threats the latest developments in Artificial Intelligence and what it means for consumers and later big oil has been slowing steadily since its meteoric rise to 20000 but recent reports show manipulation may have played a role in this spike cryptocurrency analyst ben swan is back on the program today to guide us through the crypto paper and what it means for the future of the internet we have a jam packed show today so lets jump right into the headlines. As the worlds 2 largest economies no hope for a phase one trade deal the u. S. And china are looking at rolling back some tariffs people familiar with the talks say if theres a deal removing tariffs will be part of it the phase one deal would include the increase of chinas purchase of American Farm goods rules to deter currency manipulation as well as some provisions to protect intellectual property theft a partial deal would also include. President Trump Holding back o
Manipulation as well as some provisions to protect intellectual property theft the partial deal would also include President Trump holding back on the imposing the planned december 15th tariffs but now negotiators are working on rolling back some existing duties when asked if china would remove these tariffs Chinese Ministry spokesperson going strong said the 2 sides were making progress. Its not a correct way to resolve the trade issue by slapping tariffs nor does escalating tension and confrontation serve the interests of anyone involved i dont see a trade consolation between china and the us has made some progress and is moving forward we see 2 sides will meet each other halfway and find a solution on the basis of Mutual Respect equality and Mutual Benefit this comes as the u. S. Trade deficit with Global Partners dropped by 4. 7 percent to 52500000000. 00 in september reaching a 5 month low slightly above expectations which were at 52200000000 dollars on year over year the current
86point gain. S p and nasdaq also looking to be higher at the open. In other news, lebron james is trying to do damage control after criticizing the Houston Rockets general manager darryl morey for his comments on the hong kong protests. Wait until you hear what lebron is saying now. The democrat president ial candidates are in ohio for their big debate tonight. You can bet they are going to rip President Trump and promote their far left policies so how will that play in ohio, of all places . We are on that all morning long. And we have a lot to go at this morning, including Mark Zuckerberg meeting with some big name conservatives, walmart delivering groceries right to your fridge. That and so much more. Varney company starts right now. Charles hey, go happy birthday to you ashley go, baby, go. Charles stevie wonder, folks. Classic happy birthday in honor of fox business. Its our twelfth anniversary. The Network Launched 12 years ago today. Golly, time flies. We are of course thankful
And alphabet reporting next week, how tech is faring this quarter. And a slew of prominent ceos on their way out. Why topicstives are in the hot seat and why boards are trying to make them accountable. Will the fed cut rates again, and how will it affect your portfolio . On the barrons round table, my colleagues join me. So what are we starting with, ben . Tech. Its all about tech, but it hasnt been so pretty at least this past week. No, it hasnt been great for these tech company. Weved had earnings from twitter which were a disaster, and even the ones that werent a disaster werent great either. Investors just dont seem excited about them. I think thats partially because these stocks have been all bad for so all that for so long, and now were asking more of them, and its just hard to actually get that bar. And you have all these other things which have gotten cheaper and maybe a little more attractive, things like financials which are actually outperforming quite a bit over the last fe