Quarters of any publicly traded company and it lost 5 billion. The ceo says 2019 will be the worst year the losses, he says, will come down in 2021 look at that stock, down 8. 5 below 40 a share. Interest rates, the yield on the 10year treasury is 1. 69 , this is the worlds bench mash Interest Rate, and is this week s volatility, thats disruptive Financial Markets worldwide 169 right now. Here is the good news, rapidly falling Mortgage Rates you can get a 30year fixed Rate Home Loan for 3. 6 . Youre going to see a lot of refinancing action, and in a moment, youre going to see whats happening to Mortgage Rates in denmark. Okay, okay, okay, i know youre not likely to be buying a home there but when you see the rates , you might want to get into that market. Then theres joe biden, gas machine. Two of them. First, he said, poor kids are just as bright as white kids. Then he said, we choose truth over facts. [laughter] today is at the iowa state fair, every democrat will be hoping he doesnt
Economic typhoon. Turbulent times when out for Cathay Pacific protest in hong kong and the loss of the ceo. Shery we are seeing futures higher by four tens of 1 as we see more positive rhetoric from President Trump on the u. S. China trade talks. This on the back of a strong rally we saw on friday with the dow gaining 1. 2 and every sector on the s p 500 in the green. The s p 500 gaining 1. 4 on friday. We saw chipmakers leading the gains, after we had positive results out of nvidia. There was also positive sentiment out of europe as officials there hinted they would come to the rescue if the regions Economic Data deteriorated further. That gave a boost to investor sentiment. 1. 7 . Sdaq gained there was a lot of volatility still with those things swings on the s p 500 with more than 1. 5 intraday. This week the focus will be on jackson hole as we will wait to hear from a fed chair powell making comments later in the week. Lets see how we are setting up in asia. Place the pieces are in
Word for clues on the direction of us Interest Rates. The chairman of the Federal Reserve Jerome Powell will later give evidence to congress. Lets look at the markets right now. They are all headed lower in europe, we will be talking you through wife. Why. And making it all add up getting kids to enjoy maths at an early age. Well get the inside track on the maths board game designed to encourage more children to embrace maths. And so today we want to know is there such a thing as a math of is maths just a skill which needs practice . Do you have a phobia about algebra, geometry and equations . Let us know just use the hashtag bbcbizlive. Why do you need any of that stuff these days when youve got a smartphone . Thats not what i tell my children hello and welcome to business live. We start in brazil, where the countrys lower house of parliament is due to vote today on a long awaited overhaul of the countrys generous pensions system, which analysts say is critical to improving brazils pu
There is more analysis on our website now, time to cross over for the Business News with Asia Business report. Grilled on the hill. Investors brace as the fed chairman faces questions. Delis metro initiative. While women are welcoming the free travel scheme. Why women. Good morning asia, hello world. It is wednesday thank you forjoining us for this edition of Asia Business report. We kick off the programme with america because the chairman of the Us Central Bank is said to start two days of testimony in front of lawmakers. Investors will be scrutinising his comments or signals of when and by how much Interest Rates will be cut in the coming months. As our reporter tells us from new york, the central bank has faced repeated tanks from President Trump. Jerome power will be keen to talk about Monetary Policy during his two days of testimony. Jerome jerome powell. Jerome powell. But jerome powell. But he jerome powell. But he may jerome powell. But he may not be able to steer clear of wash
I am in Great Yarmouth as part of the coverage of the problems facing coastal britain. We are looking at the problems and some of the solutions. I will be with you later. And coming up on bbc news, a bolt from the blue from captain vincent kompa ny leaves Manchester City within one win of guaranteeing another Incredible Premier League table. Good afternoon and welcome to the bbc news at one. Inquests have opened into the deaths of the eight People Killed in the London Bridge and Borough Market attacks two years ago. They died when three men drove a van into crowds and then stabbed people before being shot dead by police. The inquests are expected to examine why there were no barriers to protect pedestrians on the bridge, and how the leader of the attack managed to evade mi5. Our Home Affairs Correspondent Daniel Sandford is at the old bailey. Today was the start of what is likely to be a harrowing 11 weeks of evidence has we hear details of those London Bridge attack sand this morning