8 up. A bit of a conundrum, it weaker than anticipated growth number when weve got Industrial Production and retail sales beating what was going on. Graphically, there you go. Retail sales, 3. 3 to the upside and that is what has been going on in aggregate. A mixed bag, a miss on the headline gdp but certainly a beat for Industrial Production and retail sales. Yeah, the topline picture is that China Remains the only major economy that is recovering at a pace like this but nonetheless, yeartodate, growth around 0. 7 . Year, beginning of the officials had hoped to get around 6 growth for 2020. Nonetheless, the fact retail sales came in well above the estimates will for economists who say we should see a broader economic recovery in china fueled by infrastructure. Straight cap to the pandemic, there would be focus on whether or not the consumer would step up and the numbers suggest that is happening. Ubss headore from of asia economics and achieve china economist. Always great to get your
Different announcer earth focus is made possible in part by a grant from anne ray foundation, a margaret a. Cargill philanthropy; the Orange County community foundation; and the farvue foundation. Congregation . Oh, victory in jesus, my savior forever, he sought me and he bought me with his redeeming blood. Man it was only 59 years ago that alaska was ratified as a state in the United States of america, and many people involved did not consider much what the original owners of the land already had and wanted to keep. May god continue to bless the inupiaq people, may god continue to bless this land, may god continue to bless the sea from which cometh all of our abundance. And the church said. Congregation amen. Man Arctic Slope Regional Corporation is a company thats tied to the land claims that we were able to achieve in the early days. So, lets go into our boardroom. We have our table here, which is made around the traditional skin boat that we use for whaling. Its a symbol of the pri
Lauren simonetti watching the market action. Blake burman on the white house beat. Hillary vaughn on the scene of the big debate, the vicepresident ial debate in salt lake city. Well get to all three of you. Blake, with a lot to cover. The first things first. The president in the oval office right now . Reporter he is indeed, connell. I was talking to a white house official probably about 20, 30 minutes ago who told me the president is indeed in the oval office. I was told according to the white house official the president was being briefed on two matters. One, the monster hurricane out in the gulf right now that could potentially make land shore friday, texas, louisiana, mississippi, hurricane delta the president is briefed on the latest on the relief talks seemingly over at this point. The president wants stand alone bills. Well get to that in a second. We also got a Health Update on the president today as he is now back in the oval earlier today from his doctor, who said the follow
Mr. Lehrer good evening from the Clark Athletic Center at the university of massachusetts in boston. Im jim lehrer of the newshour on pbs, and i welcome you to the first of three 90minute debates between the democratic candidate for president , Vice President al gore and the republican candidate, governor george w. Bush of texas. The debates are sponsored by the commission on president ial debates, and they will be conducted within formats and rules agreed to between the commission and the two campaigns. Tonight, well have the candidates at podiums. No answer to a question can exceed two minutes. Rebuttals are limited to one minute. But as moderator, i have the option to follow up and to extend any particular give and take another threeandahalf minutes. Even then, no single answer can exceed two minutes. The candidates, under their rules, may not question each other directly. There will be no opening statements, but each candidate may have up to two minutes for a closing statement. The
Citis analyst call is getting underway. Jp morgan had their analyst call. Those stocks are now lower. Sonali basak has been on the call and joins us now. Why the rollover here . What has been the take away so far . Sonali we saw lower Loan Loss Provisions than initially expected, but at the same time, theres a lot of uncertainty ahead. Reserves releasing slowly because we dont know what the economy is going to look alike the future. Jamie dimon told media this morning that there could be considerable suffering if we do see a dip in the economy, and we are on a day where we are seeing coronavirus cases up a bit. Asking a and analysts lot of questions this morning about Net Interest Income and kind of securities that could pose to executives pushing back, saying they are not about to change their Business Models on what they view as temporary headwinds. Getting some breaking news, so hold that thought. The wto is coming up with its news relating to the airbus boeing case, awarding 4 bill