And uber hack. The ride hailing firm admits to covering up a Security Breach of 57 million riders and drivers. Will regulators ever trust this company again . Match we are less than 30 minutes away from the start of cash trading in europe. Lets take a look at what is going on with futures after the record runs we had yesterday in are watching in asia overnight as well. Records on every single one of the u. S. Indexes going into the thanksgiving holiday. Asia looked at a nikkei that came up over 2007 highs. We have what looks like a mixed picture as far as equity Index Futures. Not really full steam ahead. Ftse equity Index Futures down just a little bit. Not very much changed on the euro stocks, dac and cac. Take a look at what treasuries are doing. Yields are lower but coming back to little change. This is a threeday chart. Up threeee yield came sessions ago and now they are sort of trading flat for the last couple of sessions. Right now it is 235. 24. We took out 20 six yesterday on
Im wilfred frost. Im Morgan Brennan in for sara eisen good morning. Lets get straight to the market picture. Resounding performance yesterday. The dow and s p up 1 . The nasdaq up by a half percent. Banks really soaring, sort of perfect storm for them yesterday. The new fed chair talking about raising interest rates, also talking about not increasing bank regulation, reforming the volcker rule and progress on tax reform banks disproportionately pay full tax rates, thats why the russell soared 1. 5 . Transports, too transports as well. Good day across the board for risk assets. Its good for the dow, good for the s p, up 48 points or so on the dow. The nasdaq is just south of the flat line, down 6 points bitcoin surging to a new record high, above 10,000 over night it surged as much as 4. 4 earlier, now 8 . So its 10,700 in asian trading hours. Its capped more than ten fold increase now this calendar year. Extraordinary run continuing up 9 10678 9 , 10,700 almost 11,000. I wonder how muc
And well be getting the inside track on culture vultures and how technology has changed the way we book tickets to concerts, the cinema or theatre. Also, we want to know. Facebook finally admits social media can harm mental health, but says post more to improve wellbeing what do you think . Just use the hashtag bbcbizlive. Lets get this right, Facebook Says it could harm mental health, but also it says to solve that, you should post more . Let us know what you think, just use the hashtag and we will be discussing this later in the programme. South africas ruling anc party is electing a new leader. There are two candidates Deputy President Cyril Ramaphosa, or Nkosazana Dlamini zuma, a former cabinet minister and ex wife of president zuma. But whoever gets the job, faces a monumental challenge of reviving Investor Confidence in south africa and revitalising an economy which has been left in tatters by zuma. The current president inherited an economy in distress in 2009, but he also made
Everything has to do with the tax reform in the u. S. Dollar, a little bit affected by the tax bill. Theresa may made moves to rally the troops to have a common vision on what trade will look like. We will speak with the vice chair of rothschild. We will also speak to david herro. And then, we will speak to fed president the of dallas we did get figures out of germany and Business Confidence is at 117. 2. It is missing estimates just buy a touch. To be at 117. 2. Weseems to be ranging as speak. Lets get straight to the bloomberg first word news. Reporter donald trump has called russia and china rival powers to the u. S. As he outlined a new foreign policy. In a departure from his previous statement, he declined to mention Climate Change as a threat. Donald trump we also face rival powers, russia and china. We will attempt to build a Great Partnership with those and other thatries, but in a manner always protects our national interest. Reporter nikki haley has blocked the u. N. Security
And its been a busy few days for the likes of apple, emirates and blackrock. Well be taking stock with our business guru theo leggett. Today we want to know, why are millennials not playing golf . The popularity of the sport is falling all around the world. Is it to expensive or does it just take too long . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to business live. The government running the worlds biggest economy is staring a shutdown in the eyes. Thats what will happen if the United States congress doesnt agree a budget deal by the end of friday. Late on thursday, the house of representatives passed a short term bill to fund the government until february 16th but getting it through the senate is proving much more difficult. One major Sticking Point is the fate of 800,000 so called dreamers people who came to the us illegally as children and face the prospect of deportation. Democrats are using the budget talks as leverage to try and stop that. Then theres the c