Headlines and what it means for markets with our markets correspondent, abigail doolittle. Tech continues to outperform today, and it is something we have seen in recent weeks. Where is the leadership tech typically provides . It was not there on the day. That has to do with one of the headlines you were talking about, ratcheting up tensions between the u. S. And china. They have been there in recent weeks, but markets ignoring it to some degree. Last year, every other week risk on, risk off, depending on the headlines. Right now, there are concerns those headlines, the war of words between the u. S. And china, taking down tech. A lot of these Companies Receive quite a bit of revenue from china. Apple, the tech heavy weight received about 20 from china. The ship sector chip sector is super sensitive to china. We see the s p 500 tech index down more than 1 . The stock down even more. Over the last nine days, we have seen a real roller coaster ride. Last week was risk off. This week we h
The Social Security administration, National Archives, and state department testify on post Pandemic Services backlogs before a House Oversight and accountability subcommittee. Live coverage on cspan three. 22 more visas now than at the same period during prepandemic 2019. Despite our challenges, and thanks to the hard work of our teams in the field and domestically. We are currently issuing more u. S. Passports and visas than any other time in our history. Ultimately, this is great news for the u. S. Economy, businesses, family reunifications, and people to people ties. And we plan to continue our aggressive rebuilding efforts to be able to meet the demand today and into the future while rigorously safeguarding our National Security. We are striving to build a more agile and optimize bureau of affairs to be able to serve your constituents. To do so we are investigating the ante in Human Resources we need to ensure federal coverage experience. New parents overseas can now electronicall
but milder underneath that cloud. showery outbreaks of rain starting to approach western scotland and western wales. by the time we get to the end of the night and our weather front starts to move further eastwards as we head throughout sunday. so some rain arriving for central southern scotland, also towards cornwall as we head towards the end of the day, it s very windy tomorrow. gusts of wind towards irish sea coast of around a0 to 50 miles an hour. hello, this is bbc news. the headlines. borisjohnson says policy is more important than personality as he faces renewed calls to quit from conservative backbenchers after the party lost two by elections. police in norway say they re treating a shooting at a gay nightclub as an act of extreme islamist terrorism. abortion clinics start to close in the us after a supreme court ruling removed american women s constitutional right to abortion. more calls from the taliban for international support to deal with the aftermath of the ea
Officials from the Social Security administration, National Archives and state department testified about federal services backlogs due to the covid19 pandemic. Modernization efforts and staffing issues. The House Oversight and accountability subcommittee hearing is about three hours. The subcommittee on Government Operations and federal workforce will come to order and we will welcome everybody to this board hearing. Without objection the chair may declare recess at any time. I recognize myself forthe purpose of making an open statement. Before we go to the floor id like to if i can acknowledge that even formal settings like this we recognize that its important to remember we are all people. And we have families and understand that some of the people who do Business Today have been visited by some hard luck in their life with a loved one and without saying anything in particular. Perhaps many of us more than one or two are affected and its my wishes for them and their family in these
Officials from the Social Security administration, National Archives and state department testified about federal services backlogs due to the covid19 pandemic. Modernization efforts and staffing issues. The House Oversight and accountability subcommittee hearing is about three hours. The subcommittee on Government Operations and federal workforce will come to order and we will welcome everybody to this board hearing. Without objection the chair may declare recess at any time. I recognize myself forthe purpose of making an open statement. Before we go to the floor id like to if i can acknowledge that even formal settings like this we recognize that its important to remember we are all people. And we have families and understand that some of the people who do Business Today have been visited by some hard luck in their life with a loved one and without saying anything in particular. Perhaps many of us more than one or two are affected and its my wishes for them and their family in these