Restrictions on the u. K. Looks to repair some of the economic damage in todays Spending Review. Words ofs back, the president elect joe biden as he introduces his Foreign Policy team. Janet yellen faces a tricky start, as Steven Mnuchin puts funding beyond her reach. Good morning. 6 00 a. M. In london, 10 00 a. M. Across the emirates. A jampacked show for you, including emirates president tim clark. He spoke to manus cranny about a host of issues in the travel sector. Also, likely an appearance from manus himself. What a day it was and a 24 hours it was, as chris weston put it, a nirvana has dissented over the scended over the market. Dow jones topping 30,000 for the first time. S p 500 index, we do have closing at an alltime high. We are losing a bit of momentum. Flat across the asian market and flat across u. S. Equity futures. We are seeing a steepening of the yield curve, not at the highs we saw recently, but we are seeing it steepening. Jp morgan this morning also saying 10 year
Making a new case to walk away of the 16 billion buyout of tiffani. The real morning grind. What krispy kreme, starbucks and more have in store for you that youll need at 5 00. That and more here on Worldwide Exchange on cnbc. Wherever in the world you would be watching. Good morning or late night to tampa bay. Some people may still be partying social distanced and spo responsible of course because tampa bay beat the dallas stars to win the series 42. The second cup raised in tampa bay history. Hopefully next year, fans will be there congrats to the nhl for just getting it done. Here is how the money and the Global Markets are setting up for their tuesday. After the dow and s p rallied into the close yesterday posting their best day in more than two weeks. For the month, a different story. The dow, s p and russell are still on pace to snap five month win streaks. Sectors to watch today, energy after logging a gain oil and gas stocks actually made a little money random but interesting m
Speaker pelosi and secretary mnuchin set to talk this morning after House Democrats roll out a new scaled down pandemic aid bill and calling it a propagator of disinformation, why the Biden Campaign is blasting facebook ahead of tonights president ial debate jim, david, good to see you guys, welcome back im taken aback, jim, by your tweet a moment ago about stimulus and sort of a fatalist i can view of what the restaurant sector is facing in this country. I will be candid, we ran out of ppp about three months ago, some of us have just decided to pay lots of employees to do nothing and its been its done they had a chance. I think they made a decision that you would have to keep these people on until we had a vaccine, so Neither Party agreed to anything and its too late. Theres nobody to give ppp to for the most part in restaurants except look, the winners were darden in the Small Business side, we know that they were viewed as nonessential, they never snapped back unless they had someth
Prodemocracy candidates disqualified from hong kongs local elections and students arrested for online posts in the beijings new security. Suspected russian mercenaries are detained in bel air routes to queues of trying to disrupt an upcoming film. And on a mission to search for signs of life in space because mars rover blast off from florida heading for the red planet. Im going to guess rosco with the sport Saudi Arabian investors pull out of a bid to buy new cars so united up to months of premier league scrutiny. So theres more proof of the devastating impact of the coronavirus pandemic with the United States. Being its worst economic slump since the 940 s. Its economy has shrunk at the fastest pace on record that is down 9. 5 percent between april and june and in the past week another 1400000 people have applied for jobless benefits the same time europes biggest economy thats germany has plunged into recession shrinking by a record 10 percent of the pandemics wiped out nearly a decad
To kill american soldiers. Even if. We visit a town in britain where work is becoming increasingly scarce. Outlines his plan to rescue the economy and his for the africa cup of nations has been postponed by you to coronavirus the consonance biggest sporting event in cameroon in 2022. All right then china is about to impose a new security law on hong kong 23 years after it took back control and promised a one country 2 systems policy well its now been signed by president xi jinping and will be enforced in the coming hours and i think it defines as acts of secession subversion terrorism or collusion with Foreign Forces could lead to life in prison critics say the law will be used to stamp out all forms of dissent. There have already been spontaneous protests in hong kong and some opposition parties have announced that they are disbanding the u. K. The e. U. Japan and taiwan have all criticized the more but china has dismissed their concerns as interference in internal affairs lets get re