Highprofile alumni who continue to shape the Business Community including Morgan Stanley chairman and ceo james gorman. Im very surprised at where rates are. Id expect by the end of the year, the 10 year would be 3 . I was dead wrong. Jason we will hear more from james gorman in other chats and many topics are also covered in this wiis issue. A top that included story, the u. S. China trade war. As goodwill lifted financial markets, financial editor peter coy warns of consequences. In a way, it is as if the u. S. And china seem intent on dividing the world into two separate spheres, which is really globalization in reverse, and to use a more recent analogy, it is more like the period after world war ii and the cold war when there was a soviet bloc and the western countries. And not doing very much commerce with each other. Very separate, and that was not good for prosperity for anyone, and risk is we will go that way now. Carol we have smart conversations at the Columbia Business Schoo
To shape the Business Community including Morgan Stanley chairman and ceo james gorman. Im very surprised at where rates are. Id expect by the end of the year, the 10 year would be 3 . I was dead wrong. Jason we will hear more from james gorman in other chats and many topics are also covered in this weeks issue. Carol that included a top story, the u. S. China trade war. As goodwill lifted financial markets, financial editor peter coy warns of consequences. In a way, it is as if the u. S. And china seem intent on dividing the world into two separate spheres, which is really globalization in reverse, and to use a more recent analogy, it is more like the period after world war ii and the cold war when there was a soviet bloc and the western countries. And not doing very much commerce with each other. Very separate, and that was not good for prosperity for anyone, and risk is we will go that way now. Carol we have smart conversations at the Columbia Business School this week, featured in
Reporter just within the last half hour weve learned that this fire him of the building behind me began on the first floor on the front, this is the latest construction fire and the Building Owner is convinced that this fire was intentionally set. Its happened yet again, flames engulf an unfinished building in oakland, the latest fire broke out at the threestory complex on stanford avenue near the city line at about 10 thursday night. All the sudden we saw that there was thick flames and, a lot of heat and we got the baby and got out on the street as quickly as we could. Reporter Building Owner tony wilson says the old printing shop was being converted to nine live working units. Investigators may be setting their sights on at least one person of interest. The construction crew was here last night picking up tools out of the building to go do a job. When this started. And one of them talked to a stranger who had come up to him and asked for a cigarette. Reporter wilson believes this wa
Services bears fruit. The Technology Giants sales rise, even as its iphone revenues fall. And we will explain why the numbers are doing that on the european markets with an expert later. And well be getting the inside track on. Two ply, quilted, patterned, embossed. What am i talking about . Toilet paper. But the sustainable kind, made from bamboo. Today, we want to know. As one hotel chain scraps toiletry bottles, replacing them with sustainable alternatives, we want to know, will you miss ta keaway toiletries . Should others follow suit . Let us know. Just use the hashtag bbcbizlive. A bathroom theme to the end of the show, we will explain that later. Starting first in the united states. We start in the united states, where the countrys central bank the Federal Reserve is widely expected to trim Interest Rates today for the First Time Since 2008. The only question is, by how much . Some believe it could be a 50 basis point cut, as fed Chairmanjerome Powell voices growing concerns abo
Growth and increasing concerns about a slowdown in the countrys Manufacturing Sector. And shares in british Recruiter Hays a profit warning and Boris Johnson and Jeremy Johnson clash over no deal construction in their next bid to become Prime Minister lets start off by looking at how some of the markets are fairing. Yesterday in wall street we had a bit of a moderate session as the dow had its third negative session in a row s p ended the day moderately higher nasdaq up half a percentage point. Moderate gains for u. S. Equities asia pretty well mixed we did have the china inflation data coming out overnight. The ppi data had flat lined. As a consequence, we saw a little bit of weakness the shanghai down to the tune of 1 4 of a percentage point the theme in europe, we have stox down. 10 of a percentage point. Switching on though to look at the breakdown in the individual respective markets, and you can see that the ftse 100, which will come up in a second, is the relative outperformer a