They conquered. Nvidia keeping report empire going but the question can they beat it going. Jensen meets caesar. Which powell will show up tomorrow. Why the 10 are loving these harsh fed policies. Plus the badgegy brook. Keeping up with the jones. I love to see crazy stuff youve seen with people trying to look rich. 6 commission on buying a home, lets say it is over. Here is a dirty little secret for agents, it never existed for them. We have Real Estate Agents that want to tell their side of the story. All that and more on making money. Charles all right, so its the morning after and the morning before. The morning after a. I. Woodstock and the books,s in the books, folks. While a. I. Stocks sort of mostly chugging along today the ramifications from this event will be felt in society and in your portfolio for years to come. Now it is the day before the fed decision. Of course conventional wisdom saying no rate cuts tomorrow but there is a lot of debate over when and how much the fed s
The Parent Company Deutsche Telecom jumps at the open. Display youre watching worldwide exchange, bringing you Business News from around the globe. Good morning. Welcome. It has been a busy morning. So far, some of the steepest boards in spain, portugal and switzerland. You can see still sharply lower, about 0. 6 off the major markets. The ftse mib off 0. 3 . French, italian and german pmis suggesting a fall from the june level right across the charts. But it were a trace on the manufacturing side. To the u. S. Markets, it was a choppy session statewide. The argentinean default. You had concerns around geopolitical tensions, still with fresh sanctions and then the ripple effects across markets. Earnings werent particularly strong, either. We saw the s p, the dow and the nasdaq around n session and a jump in the vix as a result. The vix up 23 . On the data front, interesting to note, u. S. Labor costs according to their biggest gain in more than 4 1 2 years in the Second Quarter. A litt
Departure. Soft bank looks to create some hollywood movie magic. The Japanese Firm is in talks to buy Dreamworks Animation for more than 3 billion. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. This is a live shot from the streets of hong kong. The hang seng market closed 2 lower after a week of protests on the streets of hong kong. Demonstrators are demanding full democracy from beijing. The Hong Kong Government says it has withdrawn riot police as protests calm down. Eunice is in beijing for us, what has been the reaction there to the protests so far . Reporter well, so far in beijing, mainly what people are seeing is a very controlled presentation by the government of what is happening on the ground in hong kong. Theres been heavy sensorship on the internet where we are seeing instagram blocked, also some of the social media apps, particularly like the messaging and wechat. We are seeing a lot of terms deleted that have any reference at all to
And over 1 Million People are displaced as a powerful typhoon moves across the philippines suspending the bond markets as well as the currency market. Youre watching Worldwide Exchange bringing you Business News from around the globe. A very warm welcome to the show. Lots on the agenda. Well talk europe and china in a couple minutes, but the u. S. Dollar continue this is rally. In november and december, we think, are people looking backward or will they be looking forward at the structural elements for the stronger dollar. It seems like the latter. The strongest unemployment gain in 30 months is providing fuel to the u. S. Dollar. We were talking about it when we first started on Worldwide Exchange at a fourandahalf year high. Now close to an eightyear high. Definitely a resurgence. The question is how far can it run . Well discuss that throughout the show. But the ecb Council Member says he sees weakening in the eurozone economy and calling it a weak spot in the world economy. He cite
0. 4 for s p 500. 1410 is the level just reclaimed. Government shutdown now in day 14. Debt ceiling deadline one day closer. A meeting between the president , the Vice President , congressional leaders at the white house that was set for 3 p. M. Eastern has been postponed. John harwood is there at the white house. Any rumblings about when this meeting might happen now . Bill, dont know but the longer its postponed, the better, because its giving time for Senate Negotiators to wrap up a deal that they can then outline to members of the leadership bipartisan, pelosi, reid, as well as the president of the united states. Most people are bystanders at this point. President obama, the house of representatives, all attention is focused on two men harry reid and mitch mcconnell. Earlier this afternoon they both came out on the senate floor and said things were looking good. Constructive good faith negotiations continue between the republican leader and me. Im very optimistic that we will reach