The Trump Administration overstepped its authority. Ntt reportedly planned to take its wireless carrier unit private. At buyout could be valued 38 billion. At thebreaking news moment. We are getting Industrial Production numbers for south korea. Year on year, it should be for the month of august, a decline of 3 , matching expectations, and bigger declines than the previous month. We continue to see some weakness year on year. Industrial production numbers have been in contraction for five consecutive months. When it comes to the previous month numbers, they have been revised slightly upwards but not by much. Month on month, a contraction of 0. 7 which is a contraction instead of just coming in flat as expected so that is disappointing numbers. Perhaps we could see some better numbers later in the year. We do have trade numbers for the month of september. We are expecting it to come up on thursday and exports are likely to see an annual gain in september so lets watch out for those numb
It is a blue shirt. It is because they dont know how to do the lighting because it is darker outside now. Ive got the blue and it shows up every day here in the bunker im envious i want blue but im unable to perform. Sad. Lets show everybody what we are seeing for the end of the week here. We have a bit of a mixed picture. The dow looks like it would open down the nasdaq looking to open higher as well the first down day and on pace to snap the first twoweek streak amazon closing down 2 and a quarter of a percent a little bit of a rough ride there. This next story will keep on giving i hope it stops reading. The more i read about it, both sides are locked into things the other side wont agree to one comment about the tech wreck. I know, i know the house is not burning isnt going to do anything for anyone. This will unralravel completely it is nutso on the upside. It seems like it is less accepted moving up then down 7 it is like oh, my god, will the sun come up tomorrow President Trump,
Possibly track what were doing. This is the one business show you cant afford to miss im going to washington coming up u. S. China tensions flare up at the u. N. General assembly as both president speak out on the effects of the chrono virus you may have noticed that prices are up at the Grocery Store but well take a look at what those numbers actually need and with cohost spence juan we have a lot to get to so lets get started. Tensions between the u. S. And china ramped up at the annual u. N. General assembly in new york while the coronavirus remains a global threat and has only made matters worse between the 2 countries in a speech chinese president xi jinping said his country is not looking for conflict and stead is calling for international cooperation. We will never see courage gemini expansion or spear of influence we have no intention to fight either a cold war or a hot one with any country we will continue to not narrow differences and resolve disputes with others through dial
Change his mind about approval. Latery powell will say that the u. S. Economy is improving, but has a long way to go before fully recovering from the virus. The st. Louisrom fed president this hour. Haidi investors are waiting to hear from fed chair powell. But we know the gist of what he is likely to say given that the commentary has been around how recovery will be, managing expectations. The recent fairly positive data points we have gotten. S p active futures after the session overnight really erasing some of those earlier losses as well. Some of the gains we have seen trading flat at the moment. U. S. Stocks fell. Could have been worse if not for that rebound in tech shares stemming the losses. It did get close to that threshold to be considered a market correction. 0. 1 ires down by should say by 1 at the moment. Japanese markets are closed for a second day this week for the autumn equinox holiday. ,ydney futures down by 1 trading in new zealand down by 0. 1 . Victoria has come o
Trump continued to blame china over allegedly mishandling the coronavirus in what he says could have been stopped from spreading we will distribute a vaccine we will defeat the virus we will end the pandemic and we will enter a new era of unprecedented prosperity cooperation and peace as we pursue this Bright Future we must hold accountable the nation which unleashed this plague onto the world china. For more on whats going on in this tit for tat between the worlds 2 largest economies we want to bring in bill must cohost christiane i and author of understanding socialism and host of economic update professor Richard Wolffe professor as relations between the u. S. And china theyre continuing to deteriorate is a cold tech war really an unavoidable at this point and if so how is this going to end. Well i think its avoidable i think what youre seeing is mostly posturing by mr drum for domestic electoral votes. Theyre seeing china seems to be is our 8 year old what will gain games from cong