Unprecedented flooding a state of emergency in mississippi. Waters are rising near historic levels and with more rain in the forecast officials warning the danger is not over yet. Plus hitting the campaign trail. Democrats running for president descending on nevada ahead of that states caucuses and the contenders may be about to agree on one common rival. Well talk about that. It is finally here, baby yoda merchandise. We hope you acted fast though. Lauren did not. Connell explaining later. Bracing for impact, beijing approving a stimulus package that includes a key Interest Rate cut as it attempts to bolster the economy amid the coronavirus outbreak. Chinese government think tank is now projecting that the outbreak could end up shaving off a full percentage point from chinas annual gdp this year. Plus it could impact as many as five Million Companies globally. That is according to research from the firm dunne and brad street. With us dan mitchell, center for freedom and prosperity cha
Lauren welcome to fbn a. M. Our first show of 2020. Good morning to you at home. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren lets the take a look at how your money is moving this morning. Kicking off the new year in grand fashion, dow up 163, nasdaq up 63 this morning. Cheryl stocks in a asia finishing the first trade day of 2020, a mixed picture. The shanghai and hang seng is up slightly. The coughlauren the optimism g through to europe. European stocks, green arrows. The best performer, the cac is up one and a third percent. Cheryl we begin with a fox business alert. More american soldiers are being deployed to the middle east as the iranian backed siege of the u. S. Embassy in baghdad has ended. Lauren democrats are slamming President Trumps Foreign Policy over the attack. We have doug luzader in washington with more. Doug, good morning. Reporter the worst of the violence at the u. S. Embassy in baghdad may be over for now, but the operations, public operation
80 watch out for that fog too youre a lot better the closer to the coast you get this morning. Skies will clear out to the afternoon that its mostly sunny and looking really nice for much of the rest of the day. High temperatures will rise into the 50s and 60s doctor are cool morning in the 40s right now oakland at 44 berkeley in alameda egypt, 47 napa saint helene a santa rosa youre are areas in the 30s as i mentioned a nicer afternoon ahead of us sunshine reappearing and even clear than yesterday was robin thank you john over to. The Richmond Sandra fell have some heavy traffic here leading up to the toll plaza youre looking at a residual delay. This is whats left over after a stall that was right after the pay gates, we had a car stuck in the right lane. So its gone, but as you can see it really did slow down the traffic is stacked up be on richmond. Our rob also be on castro almost to richmond. Parkway so if you get out there, youre like what are all these people doing here its a h
To u. S. Drug companies. Reinvention as a business overhaul aimed at raising over 2 billion a year through 2022 sent shares higher. And a bitter taste as the hong kong protests hit congac sales and damage first half results. Good morning, everybody. Welcome to street signs. Happy thanksgiving for those of you who are celebrating. Were obviously not celebrating because were here in the studio bringing you the latest on the market action. To recap wall street yesterday we saw record highs for the major eking out gains despite a holiday weekend. We had u. S. Data yesterday, higher gdp numbers coming in at 2. 1 versus 4. 9 also improvement in chicago pmi. So all in all the picture was a little bit better for the data yesterday coming out of the u. S. But one of the major developments overnight was the news that President Trump has indeed signed legislation that passes into law u. S. Support for hong kong protesters that has not been well received by china. And, in fact, the tit for tat sho
Buying from the site apple amongst some of the top items. Youre also seeing a little bit of strength from some smaller cities, beyond beijing and shanghai, showing a little strength as well a slight indication along with some positive earning reports over the couple of quarters toward strength of the Chinese Consumer thats looking robust, despite concerns about economic slowdown i will point out the figure they posted is a significantly Slower Growth rate than last years singles day, year on year. That perhaps speaks to the fact this is a singles day thats maturing alibaba facing increased competition in china overall, strong singles day showing from alibaba they would be happy with what theyve seen today for now, back to you working late for us thanks for bringing us the latest well stick with baba. Good morning to you. Zack, i will start with you. Record numbers for singles day alibaba shares are down 2 why . Hey, morgan, thanks for having me on i dont know if theyre down because of