Its staying on my agenda and im going to do everything i can to help america to become energy independent. Gearing up of a showdown, the french lower house approves the 2015 budget. Coming up, we ask the european Vice President if paris will face any punishment. No comment from pbnp paribas on reports that executives have been targeted in an Insider Trading probe. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And it continues to be the big story of the day. The bank of japan says a continued economic recovery is on track despite surprise data earlier this week that shows the country slipping into recession. The central bank kept its economic view unchanged as widely expected. Although one member of the board dissented. Speaking after the meeting, koroda said quantitative easing would continue until the 2 inflation target is reached. He injecte suggestions that the central bank should have refrained from further easing givenlg the delay i
That happened as he walked through times square during that demonstration. President obama spoke from the white house asking protesters to remain peaceful. First and foremost, we are a nation built on the rule of law. And so we need to accept that this decision was the grand jurys to make. There are americans who agree with it and there are americans who are deeply disappointed, even angry. Its an understandable reaction. But i join michaels parents in asking anyone who protests this decision to do so peacefully. We will have a live report from ferguson in just a moment. Andrew, over to you. Here are some other major stories to watch this morning. A number of economic reports coming out. 8 30 eastern time, were going to get a rescission to Third Quarter gdp. Just about a half hour later, the s p 500 caseshiller home index will come out. At 10 00 a. M. , we have Consumer Confidence and richmond survey. Were also paying attention to this thursdays opec meeting. Lets take a look at that s
Government buildings. And disney shares plummet as they announce a 1 billion capital euro hike. Youre watching Worldwide Exchange bringing you Business News from around the globe. We just got a brief budget through. Its come in for 2015 showing gdp growth at plus 2. 9 driven higher by private consumption. It seems the risks to the committee are coming from abroad and unemployment seen falling to 22. 5 from 24. 5 in 2014. So still a very high level, but moving in the right direction. The primary budget seen at 2. 9 of gdp. Public debt at 316 billion euros, which is 168 of gdp. Moving on to brazils probusiness candidate, he surprised a rally in the election. He will make it to the second round this month. Silva came in third at 21 . Brazils main stock market is expected to get a boost when it opens later today. Six days ago the polls suggested that his winning margin would be 68 . A big close in the coming days. Its no surprise on who the investors and wall street is supporting. The oppo
Before the bell, well be hearing from retailers walmart and kohls. And the bulls are hoping todays earnings and Economic News can give stocks another boost. The dow snapped its threeday winning streak. Out to the futures this morning, youll see at this point there are some strong moves in a positive direct. Dow futures are up about 60 points above fair value. The s p 500 up by eight points, the nasdaq up by almost 20 points. While we were sleeping, asia closed mixed. Take a look at what happened with the nikkei. It was up another 1 . A lot of speculation out there that the Prime Minister shinzo abe may have decided to call an early election. Also thoughts that they would be putting off the planned hike in sales tax. If they put that off, that would be another positive for the economy. Industrial production rose therein than expected last month. Shanghai was down 0. 3 . Retail sales falling slightly below estimates. If you take an early look at whats been happening in europe, some stron
The National Retail federation reporting on average, shoppers spent 6 less this thanks giving weekend thn they did a year earlier. Friday, it looked like it was going to be better. 11 lower in total. Online sales were all sort of on to them at this point. Today dubbed cyber monday, the traditionally Biggest Online shopping day. The consumer will spend 2. 5 billion online in one day. Well check in with Courtney Reagan in 20 minutes along with our industry analyst. And we have congress returning from the holiday recess today. Legislators have less than two weeks to figure out how to keep the government running. Funding set to expire on december 11th. Fight over spending bills comes as the party is also debating immigration. So lots going on over this holiday. Really wasnt a holiday weekend. People did work on friday. We missed you, joe. Good. Yes, thank you. Nice to be missed. Were going to talk oil in just a second. Another Washington News today, the Supreme Court is going to hear argum