People would vote for it. They have lost the common touch. And this. President obama said america would accept 1200 refugees. No, prepare to go to war. Is satire now the effective opposition to President Trump . Well ask erstwhile american ruby wax. Hello. Have the baby boomers robbed the millennials of their future . Probably not, but research out this morning did suggest something extraordinary is happening in terms of intergenerational incomes. The Resolution Foundation says that typical Pensioner Incomes after Housing Costs are now higher than those of people of working age. I cant overstate how unusual that is in the old days we tended to think the aged were poor. But a lot has happened in the last few decades. For one, the old have carried on working. A fifth of pensioner households have a wage earner in them. And of course they are enjoying the fruits of the heyday of the old final Salary Pension Schemes add the way the Housing Market has worked in their favour. And politicians
Investigation that might involve that. I think i have performed to the attorney general of the United States. Because of the total witchhunt, tense moments. Russian warplanes buzzing a u. S. Navy ship. Markets look like this, lower open for the broader averages. Investors are somewhat cautious. Ahead of a speech we expect from janet yellen. That happens this afternoon. Stocks lower across the board in the negative column. The cac quarante is turning positive. It ended the week lower, the cosby in korea down 1 . And engine explosion under investigation at Chicagos Ohare International airport, the latest unusual ever since. Caterpillar rated by authorities, the ceo working with authorities after search warrants are carried out in several of the companys facilities. More on this investigation coming a. Lamborghini hitting the gas, the car hitting a new speed record. Dagan mcdowell, Brian Ben Berg with us and pollster lee carter. What a week. We started the week in washington. The news doe
This is nightly Business Report with Tyler Mathisen and sue herera. Funded in part by all it takes is a spark. One idea to take flight. The courage to seek the unknown. To innovate, disrupt, to move us all forward. To explore a different perspective. At nasdaq, we connect the world, its ideas, its capital, its businesses, the people that drive global economy, the future the isnt tomorrow, its right now. All it takes is a spark. Nasdaq. Setting the stage. Job growth defies expectations and wages rise. Now its the feds turn. Where the jobs are. One industry where hiring might be accelerating to full throttle. The accidental landlord. They didnt plan on the way Office Spaces rented but they did. Those stories and more for nightly Business Report for friday, march 10. Good evening. Welcome to the end of the week. It is official. The American Economy created a lot of jobs, many more than expected. The gains were broad in sectors all across the economy. The employment rate did tick lower. Wa
Strong, especially in paris. And well be getting the inside track on a business thats been able to draw on the artistic talents of its founder. Were going to be speaking to co founder and Creative Director of wrendale designs. Today we want to know, as uk politicians consider offering a price cap on energy bills, we want to know what purchases would you like to see a price cap on . Maybe your daily cup of coffee . Let us know. Just use the hashtag bbcbizlive. Welcome to the programme. Centrist Emmanuel Macron has gone through to the second round of the french election, where he will face far right leader Marine Le Pen. Mr macron, a former banker, is seen as a political outsider, having never run an Election Campaign before. The euro rose by 2 on the news its highest level in five months before giving up some ground this morning. Investors had worried that far leftjean Luc Melenchon would beat mr macron, giving voters a choice between two eurosceptic candidates. Macron is now considered
Of, if if not the most Successful Hedge Fund managers ever. David tipper, the founder of appear loose appaloosa management. Its great to speak with you today. How are you doing . Doing well. Thank you. Congratulation on your fifth year anniversary. Market feels like its at an inflexion point. Weve been talking about that, you know, almost every day for the past week or so. Election on the horizon. Uncertain outcome there. Not exactly sure what the fed is going to do. Do you think its a better time to be a buyer of stock or a seller . So you are asking me just on the stock market . Well, well start there. Its still some of the same issues ive talked about in the past as far as margins and absolute levels of the market. You know, levels being fairly fully valued market. The dollar seems to be getting stronger again. Its an environment that, you know its probably okay not great returns, but okay, and then you have to deal with the election. You know, what the outcome in the election depen