Locations. Its an historic morning as the fed injects 2. 3 million in loans into the american economy. Powell has a live webcast in about an hour. We have the opec plus meeting to watch. Jobless claims, 6 million for a second week. But your point a moment ago is the fed is helping to take a credit crunch off the table and all we need at this point is a break on the science the fed is not going to be the reason why we go into a depression they want to stop that they want to make it a recession. Sometimes, i mean look, i was critical just a couple years ago when powell was talking about tightening when the economy was actually getting weaker. He is so far ahead of the curve that it will be studied. We will be studying this period, and we will say, unlike 1937, when the fed got tight and they threw us back into depression, we will say that jerome powell, after being a little unsure about how to handle things, decided to go out front and said we will make it so that if you want to make loa
Maria joining joining the convn fox business Dagen Mcdowell. Wall street journal assistant page editor james freeman, great to see everybody today. Great to be here. Maria we have the jobs number in 3 and a half hours. Dagen tweet get away last night. Jobs friday. Dagen we root for the american economy. Maria this week the kickoff to the Fourth Quarter, tough one for the economy and for the markets certainly dow industrials this morning looking down about 88 points, s p down 10 and nasdaq down 28, major averages on track since the worst week in august, investors waiting on jobs report, the expectations call for 125,000 jobs to have been added to the economy in the month of september with tun employment rate Holding Steady at 3. 7 , we are looking at this week that was tough because of manufacturing, ism data, the Manufacturing Sector weakening, but lets not forget this market is pretty close to alltime high. I think its 23 where it closed on christmas eve, 2018, as far as the job repor
Limiting investment by American Companies in the chinese tech sector because of Serious National Security risks. It would require us firms to disclose investments in sensitive areas such as Artificial Intelligence and ban some investment altogether. Beijing has reacted angrily saying it is gravely concerned about the order. A spokesperson for the Chinese Embassy in washington says the curbs seriously undermine the interests of chinese and American Companies and investors. Republicans have said they do not go far enough. This is a new front in the tech war between two global superpowers, the restrictions prevent American Private equity and Venture Capital firms from investing in high tech sectors investing in high tech sectors in china, such as quantum computing, Artificial Intelligence and advanced semiconductors. The goal is to stop us capital in know how speeding up the development of technologies that could help china develop weapons for use against america in a military conflict. I
Beijing has reacted angrily saying it s gravely concerned about the order. A spokesman for the Chinese Embassy in washington said the curbs seriously undermine the interests of chinese and American Companies and investors. But republicans have said the restrictions don t go far enough. From new york, Michelle Fleury has more. This is a new front in the tech war between two global superpowers. The restrictions prevent American Private equity and Venture Capital firms from investing in high tech sectors in china such as quantum computing, Artificial Intelligence and advanced semiconductors. The goal is to stop us capital and know how from speeding up the development of technologies that could help china develop weapons for use against america in a military conflict. It would also require firms making investments in a broader range of sensitive Chinese Industries to report that activity. Potentially laying the ground for more restrictions on investments down the road. The regulations aren
Bring this up to date on what we know about the events surrounding this assassination. We know about the events surrounding this assassination. Know about the events surrounding this assassination. We know that at least three persons this assassination. We know that at least three persons attempted least three persons attempted against the life of Fernando Villavicencio. We know one is also dead. We know the candidate was in the meeting in quito, the capital of the meeting in quito, the capital of the country, and when he left the meeting, he was killed. Obviously, that was really serious news for all the candidates, they are all concerned about what happened. We have criminal Political Violence in ecuador before but this is something completely new. A candidate for the presidency killed in the middle of a campaign. It is presidency killed in the middle of a cammin, , presidency killed in the middle of a camcain. , i, campaign. It is absolutely shocking, isnt it . Made campaign. It is