Again, but now some experts are warning of yet another pullback in home prices. We have all that and more tonight on nightly Business Report for tuesday, october 7th. Good evening, everyone, and welcome. Stocks took a real tumble today. Closing at a twomonth low on weak manufacturing data out of germany. The economic engine of europe, and deepening worries about a slowdown in Global Growth overall. Thats after the International Monetary fund trimmed its outlook for Global Growth this year and next, singling out the troubled economies in europe, japan and latin america most especially. With that, stocks here sold off sharply after they did in europe. On wall street they began the day lower and stayed in the red all session long. They sank further into the closing bell. And the final numbers were brutal. The dow, off 272 points. Worst day since the end of july. The nasdaq was down nearly 70 points. And the s p 500 dropped almost 30. Sara eisen with the weaker forecast around the world as
Warning of yet another pullback in home prices. We have all that and more tonight on nightly Business Report for tuesday, october 7th. Good evening, everyone, and welcome. Stocks took a real tumble today. Closing at a twomonth low on weak manufacturing data out of germany. The economic engine of europe, and deepening worries about a slowdown in Global Growth overall. Thats after the International Monetary fund trimmed its outlook for Global Growth this year and next, singling out the troubled economies in europe, japan and latin america most especially. With that, stocks here sold off sharply after they did in europe. On wall street they began the day lower and stayed in the red all session long. They sank further into the closing bell. And the final numbers were brutal. The dow, off 272 points. Worst day since the end of july. The nasdaq was down nearly 70 points. And the s p 500 dropped almost 30. Sara eisen with the weaker forecast around the world as well as the one bright spot. Re
Up profits and promised to resume Dividend Payments this year. Carl sberg cuts cost in russia. Shares are trading lower in denmark. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. And in the last hour a number of media reports suggest ukrainian troops are pulling out of a town in the east of the country. This after an assault by prorussian separatists that refuse the peace agreement. This was echoed by the leader of the selfproclaimed dontesks people republic. Personally guarentee life to every army soldier, lay down arms step out from your positions. Sur remembereder and you will live. No one will touch you. Lets have a look in on the russian markets this morning. First up the micex index is up 1 . It has been volatile. Not reacting immediately to the news. This is a look at the rouble which is basically flat on the day. 62. 45 in and around where its been. Joining us now is Richard Kelly, head of Global Strategies. Since the ceasefire agreement wa
Ourselves from the consequences of global warning. If youre not convincedif youre not convinced, you will be, i hope, after watching this show. My first guest is scholar Richard Muller. He joins us to tell us once and for all what exactly made him change his mind. And then Bill Mckibben. The day after the election bill hit the road with the dodo the math tour. And finally filmmaker ken burns hes back on the show with his perspective on that other manmade disaster, the 1930s dust bowl. But first up Richard Muller joined by his daughter elizabeth. Together they founded best, the berkeley earth surface. They have Shocking Facts about the Impact Global warming is, and how we can mitigate the carbon output of other countries most notably china. Its great to have you on the show. You made the case, but at the end of the day the real challenge is staring us right in the face, china india and the developing nations. Unless we dramatically encourage a shift in the way they consume energy, our i
You can see were about two points, a little less than that, above that number right now. I know well be watching for the next hour. Yes, we will. Thats for sure. An hour from now, all eyes will switch to another batch of key earnings. Take a look who were hearing from, facebook, at t, qualcomm, all out with their numbers. And our Julia Boorstin will be speaking with facebooks chief operating officer Sheryl Sandberg immediately after the earnings are released. Stay tuned to find out what she has to say. Leaning in with Sheryl Sandberg, coming up. Another twist in Rupert Murdochs efforts to buy time warner. We now may know just how high hes willing to go to win the bidding and reshape his media empire. Or do we . Could murdoch just be posturing . He named a number today. We have david faber with a brand new detail coming up on that in just a few minutes. Yeah, shares of that company, by the way, have been under pressure today. Yep. Heres where we stand across the Broader Markets. Moving