All that and more tonight on nightly busines good evening. Confusion and uncertainty, that was the mood of investors after revealed anxiety among policymakers on inflation targets, concerns about weakness e and inevitable nomy, impacti Interest Rate hikes without ratt. Add it up and stocks barely budgeted t nasdaq was down 26 and the s p lost three points. Steve gleason has more o reporter within minutes of the release of the minutes of the feds october meeting, stocks shot higher. Minutes later, they shot lower. That kind of volatility is perhaps emblematic over increasing confusion ovey and f. Showing that the bank has much work to do to figure out how to alk with mark markets. But it also discussed inflation being too low. And concern that it wont hit its 2 inflation target qu and worried about Global Economic weakness. Factors that will lead markets to put off the timing of rate hikes. I think theyre struggling with the gap between what the market expects and what they something th
Holiday destinations. Triplea roughly 16 million americans, if you can imagine it, will hit the road today. Another two and a half million will take to the skies. This map behind me shows you all of the flights look at this all of the flights in the air right now over the united states. Some of storms, hitting the east coast is effecting travel all around the country. We go to jennifer glass at new Yorks Laguardia airport. Jennifer . Reporter so far so good. On the boards were seeing very few cancellations and delays. There is whether elsewhere, and thats effecting other airports. Philadelphia reporting two hour delays and tha travel officialsy you shouldnt become come may end. With the weather there is scattered delays and cancellations. So the best advice i can give to the airtraveling public is to contact your airplane airlines u come to the airport. Reporter and on this busiest holiday day of travel, the security procedures, you dont have to take your shoes off, you can keep light
Hello, and welcome to audiences in the uk and around the world. President trump has again claimed the coronavirus outbreak in the United States is receding. The us, with 4 of the worlds population, has suffered nearly 23 of total global deaths from the virus. Mr trump has also criticised one of his own top medical advisers, dr deborah birx, who said the disease was now widespread across the us and a greater threat than when the outbreak first began. Our correspondent peter bowes is in los angeles. Peter, what has been the reaction to the president s latest claims . Well, this is another example of the president apparently disagreeing with one of the medical advisors that has been very close to him throughout this pandemic, doctor deborah birx, describing as pathetic an interview that she gave over the weekend in which she talked in very serious terms about a new phase of the pandemic in the United States, help people in rural areas werejust the United States, help people in rural areas
On the Auto Industry and the auto parts of industry much heres congressman comments on new innovations that he says will drive the american Auto Industry, hes from nebraska, he says in his Washington Times that our nation of builders is inding the renaissance American Manufacturing and our automobile manufacturers, almost these hard working men and women in all 50 states are illustrating the best america has to offer. Throughout the recession we saw drop 50 inuction two years. In 2009, however, automobile manufacturing began to bounce producing 8. 7 million vehicles and recouping 100,000 jobs. Great progress, lee terry writes, but there is much more work to do. To re more on his opinions and other members of congress, thats in todays self pieces,imes, in a special section on the washington auto show. Our phones. Charlie is waiting in heyward, california, owns an american car. Charlie, good morning. Is the u. S. Auto industry the best in the world . Caller well, thats a good question wh
Be in the mess were in right now. Thank you. Host ralphs comments from north carolina. Twitter australia is losing its own Auto Industry. Projections show 2016 will be the end of. . Hat do we know guest the Australian Government has been giving subsidies to the companies to keep them in and gmia and with ford announcing they are going to withdraw production, it goes to the idea that auto production has been part of national pride. There are other intangibles beyond the direct jobs created. The country has been trying to keep production, but it is not like it will be successful. T from boring file clerk why can we not just invent Something Better than the conventional car. This is old technology. Can you talk about new technology you will look for this week . The car, the engine, is basically the same technology that was introduced 150 years ago. It has certainly gotten lighter, and we are going further. Fuelcell vehicles, those running on Hydrogen Fuel cells, we will see that, plug in