We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The dow ended well off the lows of the session but still off a big 176 points, a 1 decline, even though
Cranny is outside parliament in london. Issues . The key some pretty tough questions, betty. Detail is what they are going to want to know. They suspended one employee. There is no evidence of collusion. This goes to the heart of the issue. Or peoplef england within the bank of england were concerned about rating the Foreign Exchange market and the close of the market area this was eight years ago. Would meet with people from the bank of england. And talked about the close the issues. They only decided to do something about that eight years later. This is an unregulated market. It is an unregulated market. He has artie instigated an internal investigation. Already instigated an internal investigation. Still comely politicians say internally looking at yourself is not enough at the moment. We have breaking news about alloys Bank Currency trader who tipped off bp on a trade. What is up with this . Encapsulates the very essence of why mark carney is in from the treasury select committee.
We have all that and more tonight on nightly Business Report for thursday, january 23rd. Good evening and welcome. Stocks had one of their roughest days in months today. They fell sharply and broadly on some lackluster earnings reports. But the real catalyst today was china. Data showed its Manufacturing Sector contracted this month. That plus concerns over Credit Conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. One prominent emerging markets fund lost 2. 5 . U. S. Economic data out today was pretty good. First time jobless claims are roughly back to prerecession levels. Sales of existing homes rose 1 in december, enough to lift overall sales in 2013 to the highest level in seven years. But neither those reports nor a stunning 16 surge in netflix shares after yesterdays blowout earnings could turn the tide on wall street today. The dow ended well off the lows of the session but still off a big 176 points, a 1 decline, even though
But the government has not met its burden of proof. And a shocking grand sure report details in graphic terms that since the 1950s more than 300 priests in the state of pennsylvania molested more than 1,000 children. And the Catholic Church knew about it. We should emphasize that while the lists of priests is long, we dont think we got them all. We begin today with those recorded conversations and claims that just keep coming from former white house aide and prentiss star omarosa. Are there more than just allegations about that behavior . Or does she have proof that the president and others broke the law . Thats what matters. I have a team to break it all down. But first, i want to give you the big picture. There was a time in this country when we looked to the government and the church for cues on how to act, how to build communities and how to work together. Those days sadly seem very far away. This morning, the headlines are full of examples about institutions that help build this c