And an ongoing trade war with the us . Also in the programme, australia cuts rates as the era of cheep money returns , but can an economy so reliant on sending Raw Materials to china weather a beijing slowdown . And well be getting the inside track on a business thats aiming to be a sparkling success the boss of the jewellery editorjoins me now. And as the uk governmenet proposes raising the minimum wage to £10. 50 for everyone over the age of 21 we want to know what yourfirstjob was . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. We start in china, which is marking its 70th anniversary and with it one of the most extraordinary and rapid Economic Transformations in history. From a relative financial minnow the communist state has grown to become the worlds second biggest economy. As you can see from this graph chinese economic expansion accelerated dramatically in the 1990s as a result of mass privatisations, and the opening up of the country to fore
Key. Trade tensions, not healthy matters. President trump opening a new front slapping dozens of new terrifs on goods coming out of the European Union and more road blocks for tesla a Record Number of deliveries was not enough to satisfied share holders. Worldwide exchange begins right now. Good morning and welcome. Shares of tesla setting up for a rough morning despite posting a Record Number. Tesla shares off by about 5 the stock has been struggling this year dpoun nearly 30 first, an october gut check for stocks, the dow plunging more than 400 points on the second day of trading in the Fourth Quarter. Over the past two days, the dow has she had 3. 1 the s p down 3 to start the month as well. This is the first time in its history, in its history the s p kicked off the Fourth Quarter with backtoback drops of a percent or more a piece. This morning, stock futures pointing to what could be a modest recovery at this stage. You see hear the dow especiallyiopening by just seven points. The
Known name to mall goers files for bankruptcy its monday, september 30th and Worldwide Exchange begins right now. 5 00 a. M. , good morning, good afternoon, or good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan thank you for being with us here on cnbc. This hash a pretty decent month for stocks, not great but decent the dow was up 1. 5 coming into this morning doesnt sound good, but keep in mind september historically the worst month of the year for stocks and we could add to those gains here we are seeing dow futures up 95 points today s p and nasdaq also higher at the moment in the asia markets, green on the screen there as well lets get a check there. You can see japan fell but the hang seng in hong kong thats relevant because of the protests Hong Kong Market continuing its march higher despite what is happening now for 17 straight weeks. And in the european markets, again, not a huge trend this morning. There we go. Lets bring the european ma
Great to be here. Maria big show today, fox news senior strategic analyst jack keane is here on saudi arabia and iran. Former secretary of state bob to talk china along with teddies cussing next move for movie pass, House Financial Services andy barr joining us this morning, this morning talking iran as well as former Shell Oil President talking all things oil, dont miss a moment of it, big show, this hour, top story, President Trump rallying into mexico last night, the president talking u. S. China trade, Brett Kavanaugh and American Energy production, watch. The United States is now the number one producer of oil and natural gas anywhere in the world. [cheers and applause] this means more jobs, higher wages and american independence is what we have, look at what they are doing today to Justice Kavanaugh, look at what they are doing, did you see the New York Times, do you see what democrats, they are calling for his resignation, they are calling for his impeachment and the women invol
Candidate steve forbes, im going to let you talk amongst yourself and let you talk, so interesting what you have to say about all the topics for the day and whats going on in this country whether its china trade, im going to sit back. Dagen, you never sit back, not for long. Dagen is that a compliment . [laughter] dagen former u. S. Attorney on new immigration rules of birthright citizenship, a lot of confusion, here to clear it up, member of the House Appropriations Committee Chuck on china, former Senior Adviser to george w. Bush, karl rove and brian kelly on lastminute Labor Day Travel destinations, you do not want to miss any of those fine gentlemen. Right here right now signs of hope sparking rally, futures to the plus side bigtime this morning at 245point gain on dow futures, china says it will not retaliate against latest rounds of tariffs set to go into effect on sunday, chinese spokesperson saying that the country hopes to instead discuss removing the new tariffs in order to p