Irans Oil Industry after comments by President Biden. Welcome to business today, live from new york, i m ritika gupta. Share prices in the us have been searching after great news regarding the us economy. The strike on the East Coast ports has also been suspended. It is not all positive news, though. Oil markets are still reeling from a comment by President Biden on thursday that the White House is discussing whether to support an attack by israel on Irans Oil facilities. This is how one of the key benchmarks Brent Crude was trading in the last 15 minutes if it stays at these levels it will be up around 10 per cent this week. One Oil Market Watcher told us he is astounded by the president s comment. In over 15 years of covering the energy markets, reporting them and dare i say, trading on the markets as well, i have never seen anything. This is quite unprecedented. Whether its off the cuff or not, for a sitting us president , just a little over four weeks from the american president i
The president admits the act with a lot of green goodies could have gone by a different name. What are they celebrating . Like i said, the Inflation Reduction Act didnt bring inflation down. Today we look at what and specifically who did. Prices are down, but price hikes still are not. And a key interest rated just closed at a 15year high. Lets go to Jacqui Heinrich at the white house on the fastmoving developments on who gets credit and whether its a birthday debby down to say its not the white house when it comes to inflation or this Inflation Reduction Act. Jacqui . Hi, neil. Yeah, we got out of the east room where the president held the 1year anniversary celebration. It was a classic joe biden event. He whispered at one point, yelled at another point. He said the Inflation Reduction Acted is working. He called it a key part of bidenomics, touting jobs creation, specifically in manufacturing and new investments in climate, even though he didnt get in to the fact that now the estimat
democrat governor kathy hochul bolstering security after weeks of protests targeting key transportation hubs. much more on what officials are bracing for. but first, fox on top of the over the top numbers to close out 2023 at the border. migrant encounters hitting an all-time high. and on wall street, stocks hitting a series of highs, and on the campaign trail where tensions on both sides couldn t be higher. donald trump getting banned from another tate ballot. state ballot. meanwhile, republican presidential candidate nikki haley is here on that as the first big contest in two key states closes in. many. david: and good saturday morning to everyone. i m david asman in for neil cavuto, and this is cavuto live. first to the record-breaking number ifs at the border. griff jenkins is here to break it down for us. good to have you in new york, but you ve got new numbers from the border. yeah, david, it s really remark remarkable, we re going to end the year with the south
you can see that there are already long lines forming at check-in points here at the atlanta airport. there are a lot of people here hoping to make it home for a merry christmas, but with the nasty weather and the holiday crowds, there are a lot of folks who just aren t going to make it. we got to the airport and as luck would have it, got out of the car and was hit with a six-hour delay. we were trying to make backup plans for the flight and everything is sold out. unfortunately, if we re not going to make it today, we re not going to make it for the holidays. it s a nightmare for alexis and her seven-year-old son trying to fly out of newark, new jersey to be with family at minneapolis for the holidays. tens of millions who are feeling the effects of an arctic storm system that s delivered dangerous winds, heavy snow and bone chilling temperatures that put more than 200 million americans under a winter weather advisory or warning on friday. the conditions are setting tra
Now on bbc news, all the latest Business News live from singapore. From a disgraced president facing prosecutors to chinese leader heading down under, we take a look at the week ahead and how it impacts financial markets. And while Food Companies are trying to offer healthier options for indian goodi healthier options for indian good morning, asia, hello consumers. Good morning, asia, hello world. Glad you could join us for this monday at edition of Asia Business report. I am hizon. It business report. I am rico hizon. It fist; business report. I am rico hizon. It is set to be a busy week. Looking at what is on the news and Business Agenda and how this could impact the financial markets. The korean Impeachment Saga is set to continue this monday with prosecutors this Monday Withgmsecutgg Ex President this monday withymsecutgg ex President Park questioning ex President Park geun hye. Later on in the week, the General Council of the European Central bank meets on thursday with many expe