Taking on rivals tesla and setting up projects in hurricane hit areas. And as a car finance firm issues a profit warning because of falling new car sales we want to know would you still buy a new car . Just use the hashtag bbcbizlive. Hello and welcome to business live. Would you boy a new car not a used one, especially not from jamie. Today marks the last day of the five yearly congress in china, which has confirmed xijinping a second five year term as it ends. Xi will even have his name inscribed in the partys constitution, placing him alongside mao in the chinese pantheon. But as xi consolidates his power, america is ramping up the pressure. On monday, the white house said that on his forthcoming trip to asia next week President Trump will press china to cease what the white house calls its predatory trade practices. And he will do that by addressing the problem of chinas trade barriers. And there is a lot at stake. So far this year, the us has imported goods worth over 319 billion
They do see fourthquarter dajusted ebit. At 200 ebit monthly users up about 4 . The stock up about 5 in the premarket. David we have earnings at ford, ford out of they are beating on revenue and earnings per share. Gap actually reported by earnings per share of . 39 per share as opposed to a . 32 percent . 32 prediction. They controlled costs beautifully. They had record sales in the pacific in asia. The one thing that fell short, europe. Why . Brexit. Bob shanks will be talking about this in about 20 minutes. Jonathan the ecb, 45 minutes away we get the decision. Is it that beginning of the end of the qe plan . Mario draghi expected to announce a scaling back of the Bond Buying Program and loose Monetary Policy. Running us now from outside the ecb in frankfurt is bloombergs matt miller. What is on the table . Matt the consensus is for a cut in half, from 60 billion euros a month in bond purchases down to 30 billion euros a month, and an extension of the program for nine months until s
Attacking guam. We will have more on that throughout the hour here after this interview. To missouri now. Hes the president and ceo of the Federal Reserve of st. Louis. Here is James Bullard in conversation with my colleague, Kathleen Hays in st. Louis. Welcome to a very special edition of the hays advantage on Bloomberg Radio and bloomberg at the federal bank of st. Louis for an exclusive interview with president jim bullard. Great to have you here. Thanks for coming to st. Louis. Kathleen its always fun. Thanks to your team and staff. You have been saying lots of interesting things about the economy and Monetary Policy. Just recently you said, do you think its best now to leave rates where we are. Earlier in the year you were more willing to say, maybe another rate hike, but now you say no, lowered unemployment will not you will not lead to higher inflation. Jim, jobs keep growing. Gdp has rebounded. Its above trend again. Some people think it will stay there. Its one more rate hike
Of cubas mistake or is there a future death by socialism . Thats our show tonight. And now, john stossel. John death by socialism . How can i call the show that . To many people socialism is good or fair or equal. The word socialist after all is derived from society. We are all in this together. Bernie sanders calls himself a democratic socialist and he almost lost the democratic nomination by promising socialist benefits. This campaign is about moving the United States toward universal health care. John at this sanders Event Supporters carried red flags, red as a number of the color of socialism and communism. Look what socialism has done to people in venezuela. 50 years ago venezuelans have the highest wages in south america and then they elected hugo chavez. He said we will make it even better than socialism. American leftists were excited. A hack at salon wrote about hugo chavez economic baracl but what really happened . Stay thousands of people waited in long lines to try to buy f
Of cubas mistake or is there a future death by socialism . Thats our show tonight. And now, john stossel. John death by socialism . How can i call the show that . To many people socialism is good or fair or equal. The word socialist after all is derived from society. We are all in this together. Bernie sanders calls himself a democratic socialist and he almost lost the democratic nomination by promising socialist benefits. This campaign is about moving the United States toward universal health care. John at this sanders Event Supporters carried red flags, red as a number of the color of socialism and communism. Look what socialism has done to people in venezuela. 50 years ago venezuelans have the highest wages in south america and then they elected hugo chavez. He said we will make it even better than socialism. American leftists were excited. A hack at salon wrote about hugo chavez economic baracl but what really happened . Stay thousands of people waited in long lines to try to buy f