Shares in Goldman Sachs fell 2 . The catalyst was moodys, downgrading the Credit Rating on several small and medium sized us banks, including mnt bank and pinnacle financial. The red flags raised by the Ratings Agency included a potential recession, as well as problems tied to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time, americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft, which reported results after the us market closed. Uber s small arrival is forecasting higher revenue in the Third Quarter based in part on a post pandemic rebound in ridesharing. Meanwhile, Electric Vehicle maker rivium posted a narrower lost than expeted and raised its Production Guidance for the full year. Meanwhile, Nin
our business correspondent in new york, is erin delmore. if you re in the crypto world or curious about getting into it, then a spot bitcoin etf has been on your radar. it allows people to bet on bitcoin s gains and losses, even if they do not own bitcoin themselves. us regulators are widely expected to approve the new exchange traded funds this week. so, when a tweet was posted from the sec gov account, saying essentially that, it was noteworthy. it was also wrong. the sec and its chair, gary gensler, quickly posted on x that the sec account was compromised and the regulator had not yet approved the listing in trading of spot bitcoin exchange traded products. the erroneous tweet also included graphic with a quote from chair gensler, a second tweet that also said $ btc . bitcoin s ticker symbol was also posted but was then almost immediately deleted. for bitcoin s value, a bit of a ride. the cryptocurrency climbed to nearly $48,000 on the false news and fell back down to $45
thank you for being with us. we begin in ecuador, where police have detained a group of armed men who interrupted a live television programme a day after the president declared a nationwide state of emergency. the men, wearing balaclavas, burst into the studio of a public television station in the port city of guayaquil, taking hostage several journalists and staff members. this footage shows the attackers carrying rifles and grenades, forcing the crew onto the ground. the president has said that ecuador is in a state of internal armed conflict . ione wells reports from sao paulo. a moment of utter horror, broadcast live on television. armed men with balaclavas over theirface broke into the set of this public television channel in ecuador while it was live on air, brandishing guns and what appears to be explosives. it comes a day after the country s new president daniel noboa declared a state of emergency yesterday. ecuador has been rocked by a series of attacks after the
max in the spotlight it s the second major safety scandal to put the 737 max in the spotlight the first involved the deaths of 346 people in two crashes in indonesia in 2018 and ethiopia in 2019. addressing employees at its factory in washington state where the planes are assembled chief executive dave calhoun said boeing would approach the issue with complete transparency. when i got that picture, and i hope all of you, in some way, i hope most of you have seen it, and those of you who haven t do look at it, all i could think about was i did not know what happened to whoever was supposed to be in the seat next to that hole in the airplane. i ve got kids, grandkids, and so do you. this stuff matters. earlier i spoke to professor graham braithwaite, director of transport systems at cranfield university and asked him whether customers and investors were reassured by the boeing boss s words. i think we ve seen a big difference in the way that boeing has reacted to this
of a public television station in the port city of guayaquil, taking hostage several journalists and staff members. this footage shows the attackers, carrying rifles and grenades forcing the crew onto the ground. the president has said that ecuador is in a state of internal armed conflict . ione wells reports from sao paulo. a moment of utter horror broadcast live on television. armed men with balaclavas over their face armed men with balaclavas over theirface broke into the armed men with balaclavas over their face broke into the state of this television channel in ecuador while it was live on air. brandishing guns and what appears to be explosives. it comes a day after the country s new president daniel noboa declared a state of emergency yesterday. ecuador has been rocked by a series of attacks after the apparent escape of a powerful gang leader, jose adolfo macias villamar from prison. police and military were ordered to intervene in controlling presence in attempts to c