to confirm prices are cooling. but with inflation still stubbornly high, policy makers here as in many other developed countries are not done raising interest rates. let s show you how investors reacted to that latest data which should other than expected data out of the united states. there are hopes and out of the country might avert a recession. you can see all of the main industries during better and banking share is also led wall street to close higher. banking shares also led wall street to close higher on thursday that s after recent health check showed the largest us banks have enough capital to weather a severe economic slump. in other news this morning sporting goods giant nike has reported its latest earnings for the fourth quarter. revenue came in at $12.8 billion dollars slightly higher than expected. this means nike has beaten revenue estimates for seven straight quarters. salesjumped in both its largest market north america and in china, following the easing of
tens of millions and new storms impact the west. what to expect ahead. plus widening conflict, new missile strikes boosting tensions between israel and iran. i m charlie dagata. the u.s. navy and marines stepping up readiness for the region. a maritime mishap in nearby bar rain, a british warship gets stuck in reverse. bull run? dow and s&p reached new heights. will more americans feel it? the american economy is looking up but dark clouds loom over the housing market. later, an unbearable ordeal, a grizzled survivor of the war in ukraine finds a safe home. in the middle of a war zone, he s experienced horrible things. announcer: this is the cbs weekend news. from washington with adriana d diaz. tonight millions of americans from montana to new hampshire are enduring some of the coldest temperatures this winter. for many, a thaw in sight, the latest on the extreme weather in just a moment. but we begin tonight with a countdown to the first in the nation pr
approve or endorse bitcoin. he said investors should remain cautious about the risks associated with bitcoin and says the currency is primarily a speculative asset. a false tweet was posted on the sec s official x account the day before, saying it was approved. the sec said its social media account was compromised and an investigation is ongoing. let s stay in the us and head over to las vegas where the consumer electronic show is now under way it is the biggest consumer tech show in the world. our north american technology reporterjames clayton has been trying out some of the latest products. there is a lot of weird tech at ces. take this hyundai prototype car that crab like moves sideways into parking spaces. or drone soccer, where the goal is to fly a drone through a doughnut shaped goal, which is harder than it looks. now, start using the left stick and start moving. 0h! as you can tell, it takes a bit of practice to fly. how would you rate that out of ten? that was
for more, wendy cutler vice president of the asia society policy institute and former us diplomatjoins us now. trade relations like other parts of the us relationship with china are tense. while a lark of trade still continues to flow between the two countries tariffs remain in place export restrictions remain in place and try never increasingly is imposing regulations making it very tough for us companies to operate in their country. interesting though because economic ties still happen where discussions with geopolitical issues and onto the defensive front just shut down so we just now have bill gates and elon musk visiting china she would feel more positive about the economic side of the relationship was not clearly beijing seems more interested in reviving or strengthening the economic part of the relationship versus the military part. of the relationship versus the military part- military part. one thing i will be looking military part. one thing i will be looking out
shares today we did not improve or endorse bitcoin. he said investors should remain cautious about the associated with bitcoin and says the currency is quote primarily a speculative asset a false tweet was posted on the sec s official eggs account the day before saying it was approved. the sec said as social media account was compromised an investigation is ongoing. let s stay in the united states and head over to las vegas where the consumer electronic show is now under way. the biggest consumer tech show in the world. our north american technology reporter has been trying out some of the latest product. there is a lot of weird tech at ces. take this aeon day prototype card that clap like move sideways into parking spaces. or drone soccer, where the goal is to fly a drone through a doughnut shaped goal, which is harder thanit shaped goal, which is harder than it looks. now, start using the left stick and start moving. oh! as you can tell it takes a bit of practice to fly. h