My cohost and digital producer, wajahat ali is here bringing in all of your feedback. Waj, one of the largest segments of the shared economy is sharing a room in your home, renting out a room or your entire home, and we were talking about this earlier. Its kind of a weird concept. Im the paranoid son of immigrants. I dont even want my family members staying with me. To have a stranger live in my room, seepsubious, but. Yeah, indeed. Which goes back to what we were saying about lending your house to a stranger. Would you do that . Or lend your car . Or how about leave your dog with someone that you just met on the internet. Average citizens are turning to just that. Its called the sharing economy. People with stuff that they are not using rent it to people who want it, and it has evolved into a 26 billion a year industry. Everything from a 12,000 handbag that can be yours for an evening for 100 bucks, to a weekend surfboard, 2hour lawn mower, or your very own dog for an afternoon. Its a
Is always about money. Melissa start with a look at the markets. The dow in a free fall, down more than 200 points on the day, look at that, 223. Looks like were sitting at the low of the session. All three Major Industries april, nasdaq even more than that. We have very own Charlie Gasparino and wall street journal spencer ante. What do you think of the selloff. Much overdue. We need a break. We need a correction. Im still, if youre asking me, i dont give people investing advice, if the fed keeps basically easing on its schedule, taper schedule as it is without raising interest rates, not a lot of placeses to put your money. Has to be in stocks. Melissa spencer . The stock market is going up on upper trajectory. It was due for minor correction. There was more major correction in the spring. Is this longer term play . Hard to determine. Melissa we had tendency to ignore bad news. What changed . Israelipalestinian issue is getting worse. Could threaten Global Oil Supplies if it gets wor
People allowed to take place. Nothern irish pubs and restaurants reopened yesterday, scotland plans to introduce changes in the middle ofjuly, with an announcment in wales also expected soon. The chancellor, rishi sunak, has encouraged people to relearn what its like to go out again. Daniela relph reports. Some just couldnt wait. A few minutes after midnight and the first haircuts and colours were under way at this salon in lancashire. I think its one of the first times ive got properly dressed and ready to come out the house, really, put some shoes on, because had flip flops on for 16 weeks, and slippers, so even that was really nice, a couple of hours before, getting ready to come. Its just been four months and desperate times to get back. It will, of course, look different. Hairdressers will work behind visors and masks, but there was relief to finally be back at work. Its more than just about doing hair for me. Its a community that we are building here. Some of our clients, i know
Good morning. The eat out to help 0ut scheme launches. More than 72,000 businesses have signed up to offer half price meals paid by the government. Will it be enough to save struggling hospitality firms . Im in watford to find out. A Major Incident is declared in Greater Manchester as officials ramp up their response to a rising number of covid i9 cases. Good number of covid i9 cases. Morning. The most dramatic ending to a formula i race the World Champion can remember. Lewis hamilton crosses the line at silverstone on three wheels to win the british grand prix for the seventh time. Splashdown a safe landing for the first astronauts to splash down in us waters in 45 years. And we saw out last week with our third highest temperature ever recorded. This week, the heat is back by friday but we start on a rather cool note. I will have all the details here on breakfast. Its monday the third of august. Our top story millions of new tests for coronavirus that can give a result in 90 minutes w
Or hashtag bbcyourquestions. Also this hour. Eat out to help out diners across the uk can enjoy a discount of up to 50 off their bills from this morning in a bid to boost the struggling hospitality sector. Europes biggest bank, hsbc, sees its half yearly profits plunge by two thirds as it battles the coronavirus downturn. Institutional racism may have contributed to the disproportionate impact of covid 19 on ethnic minorities in wales, according to a top judge. Nearly two years on from the collapse of genoas morandi bridge, killing 43 people, the italian city prepares to inaugurate its replacement. Splashdown a new chapter in the space race two american astronauts safely splash down as the first commerciallly crewed mission to the International Space station returns to earth. New 90 minute tests that can detect coronavirus and flu will be rolled out from next week. Currently, most test results are returned within 2a hours, but some can take up to two days. Almost half a million new on