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Friday coming off the exhaustion of all of that central bank news, the analysis of the markets, the big tech earnings. I would focus on this may day, on the persistent theme, the dawning awareness about a seriousness a pandemic continues to be. One lighter note, there is a beach war in america. The governor of california is shutting down the beaches while alabama and texas are talking about opening the beaches. That is the distraction in a very difficult virus statistics. Howcine it is interesting in the u. S. It differs from state to state. With the bloomberg first word news in new york city is Viviana Hurtado. Viviana we begin with u. S. Federal reserve expanding the scope of its main Street Lending program. Now businesses with up to 15,000 employees will be eligible, so will those with up to 5 billion in revenue. The central bank is expanding its paycheck protection facil ....
Regime . Is everybody going to float . What a difference this summer makes. Tom it is august. We are going to give you what we can today. Right now, we need wisdom on the top headlines. Here is vonnie quinn. Border,along the korean the most Serious Exchange of artillery fire in five years. North korea fired a rocket at a south korean border position and that prompted south korea to unleash an artillery barrage. Earlier this month, two south korean soldiers were wounded by a landmine in the demilitarized zone. Policy makers are getting closer to raising Interest Rates for the first time in nine years. Participant said conditions were approaching the point where the economy could sustain a rate hike. Moved to prop up the yuan. The Chinese Central Bank has injected the most money. The yuan fell 3 in three days last ....
Citing the president s words on the campaign trail. President trump is proposing budget cuts across the increase inor an defense spending. The state department would be cut by 28 . The Environmental Protection agency would be cut by 30 . The pentagon would be increased by 10 . Lindsey graham caused the cuts dead on arrival. The spread of populism, giving win. s party a big turning back a challenge by the antiislam Freedom Party. Wilders did worse than the polls. Redicted he proposed blocking immigration by muslims. In asia the China Central bank is in step with the Federal Reserve. The bank of china increased cost of borrowing in open Market Operations and on mediumterm lending. The central bank sai ....
A full week of election coverage. The dollar first. U. S. Stock futures are higher after the fbi cleared Hillary Clinton of committing a crime as rival donald trump implored his followers to overcome a rigged system that he said protected clinton. Joining me is a London School of economics fellow, the author of desperates accomplice. Michael mckee also joins us with all the news that matters. He will talk trade and brexit with the ceo of britishamerican business, Jefferies Group shock, as well. Lets get straight to the bloomberg first world news with nejra cehic. A Third Quarter before hsbc, adjusted pretax profit, which excludes onetime items. It rose 7 from a year earlier to 5. 59 billion, ahead of estimates of 5. 29 billion. It was helped by stuart sullivans cost ....