Plus, well talk the state of electric vehicles as ev maker vinfast goes public via spac. We speak to the ceo about the deal and studio giants offer a new deal to striking writers in hollywood. Well bring you the latest reporting on that matter. But first, we dig into these markets. We look at here in the us, strong Economic Data over in china, a slowing picture, and we try and marry it all together as well as whats happening in the uk. From a macro perspective perspective, the numbers are so strong here in the us. When you look at retail sales rising, more than expected, what does that mean for a Federal Reserve that has to keep on perhaps pushing back against a very Strong Economy . Were off by half a percentage point. The nasdaq gets hit. In fact, all the major benchmarks here in the United States. On the lower side. Interestingly, though, were buying the dip when it comes to bonds. Weve seen, of course, the yields push higher over the last few days. Notable when were thinking about
I am francine lacqua. Manus i am manus cranny. Mario draghi says the ecb will do what it must. Where have we heard that before echo do what it must to raise inflation quickly. Francine Downside Risks have increased. His remarks are the ones we heard from governing council members. Manus hans nichols is in frankfurt. We just finished hearing that speech. Echoing what he heard what he said a year ago. This time it is about inflation. Hans he is concerned about inflation not rising high enough. The risks are manifest. The most important thing we heard was him talking about what he may do on deposit rates, signaling their level they can empower an increase the bang for the buck that you can get for asset purchases. A pretty strong hint that you are going to get something on the deposit rate. Confidence. Ius circled it because i was looking for evidence on what he could be confident. He didnt give much confidence he didnt give much reason for any confidence. We are going to have the slowest
Difficult. Absolutely tim. It is may day. Protestors from around the world are hitting the streets. This year is all about wages. Yes, some governments crack under the pressure and increased pay. Others like the United States holds i remember if. Well take a look at winners and losers of the minimum wage movement. Hello. It is midday in london, 3 00 p. M. Moscow. The crisis in ukraine has taken on dimension of the cold war. With the attache detained on suspicion of spying, russia has yet to comment. Angela merkel asked president putin in a phone call to help the detained. His response, kiev Must Withdraw military units from the southeast and launch a national dialogue. Theirs Monetary Fund has approved a 17 billion bail out to ukraine to help the countrys struggling finances. We have the first correspondent nick childs with this. A march for peace and unity as this crisis continues. This earlier, predawn exercise for cameras and news the kiev authoritys have detained russias military a
Good morning. Or as say and say in texas, hi you all. Its a great day to be in austin texas and today i have the honor and pleasure to be at the book festival with the moderator New York Times author and writer, Rachel Swarns. Im going to tell you a few things about rachel because i know you came here to hear her and not me and because our time is limited. She has worked for the New York Times since 1995 reporting on domestic policy, national politics, immigration, the president ial campaigns of 2004 and 2008 and on First Lady Michelle Obama and her role in the obama white house. I met rachel at different events this year where i got a book that she wrote, american tapestry the story of the black, white and multiracial ancestors of Michelle Obama. After hearing her talk, i bought six more copies. I bought them for all of my family members and to give out as christmas gifts. Now after having read her book i can tell you is a good investment. It helped me better understand my own familys
USA – Janes Addiction was out supporting the Smashing Pumpkins beneath a lighting rig of Elation Artiste Monet and DARTZ 360 LED moving heads designed, p