Getting back to work versus the Public Health interests here billions upon billions of new debt has been issued, as companies try to fortress their cash hoards. Well talk about the big debt bomb that may be looming and later, the cleveland fed president horror retrloretta me join us to talk recovery and whether the rates are really on the table or not cannot wait for it. Tyler, thanks. Its the financials and the Energy Sectors which are leading the declines again today for more on the selloff, lets get to Robert Pisani hi, bob. Hello, there. And two buckets here this is about the reopening and its about questions on the valuation of the market and the big rally weve had. 60 of the losses weve regained here thats whats going on here. And you can see it in the sectors. Tylers absolutely right banks just having a horrible week were down like 13 for the banks this woke. This week the russell 2000 is getting clobbered. Retail has been drifting lower as well. Energy down about 8 or 9 , resum
Making money. Charles another good day for the market. Investors getting more evidence of a rate cut on the way. President trump pointing out the world is cutting rates, the fed should as well, because of faulty thinking process there at the Federal Reserve. He is worried saying we pay much higher Interest Rates in countries no match for us economically. Another words our Interest Rates are much higher than other countries when they should be lower. This comes from comment from three fed officials that boosted expectations after rid cut. Edward lawrence at the white house. Reporter you are talking about James Bullard, john williams, new york fed president and Richard Clarida, and Jerome Powell in a speech today. He pushed Federal Reserve to have a rate cut during their next meeting. I want to zero in on the third tweet that he made. The president said in that tweet, quote, this is our chance to build unparalleled wealth and success for u. S. Growth which would greatly reduce the percen
A few days ago. Just trying to sign in to see on the job and they wont be silent. Starts june, 3rd, p w the globalization wants him to be the key to piece by spreading prosperity worldwide. But more people gaining access to equal opportunities in this increasingly globalized well, the global free trade profits from the Unlimited Movement of goods, the well people and their ability to work face restrictions and demand grows exponentially. The, the spanish agriculture industry is crying out for labor is, but not just anyone is welcome. Once a month out of the expenses seem to hot or the full in my mind, people keep on jump. Sometimes people in senegal and facing a desperate struggle to find work and secure a future p as it gets really tough here. If someone wouldnt take management right away, and people are fleeing because the country has become a victim of global greet youll see is getting into your fire board ships tom intake or fish and to meet the competition for work and migratory o
And well be getting the inside track on culture vultures and how technology has changed the way we book tickets to concerts, the cinema or theatre. Also, we want to know. Facebook finally admits social media can harm mental health, but says post more to improve wellbeing what do you think . Just use the hashtag bbcbizlive. Lets get this right, Facebook Says it could harm mental health, but also it says to solve that, you should post more . Let us know what you think, just use the hashtag and we will be discussing this later in the programme. South africas ruling anc party is electing a new leader. There are two candidates Deputy President Cyril Ramaphosa, or Nkosazana Dlamini zuma, a former cabinet minister and ex wife of president zuma. But whoever gets the job, faces a monumental challenge of reviving Investor Confidence in south africa and revitalising an economy which has been left in tatters by zuma. The current president inherited an economy in distress in 2009, but he also made
The government is dealing with this in a responsible and measured way, rather than making cheap political shots. Mps resumed debate on the bill that transfers eu laws on to the uk statute book, and focus on the environment. And there are calls for celebrities to weigh in to the fight against childhood obesity. It is notjust a coincidence of scheduling that these type of ads are run alongside some of our biggest tv shows, such as the x factor, britains got talent, im a celebrity, hollyoaks, or the simpsons. But first, the government has ordered a fast track investigation into directors at the failed construction giant carillion. The company went into liquidation on monday after running up losses on contracts and struggling with heavy debts. The business secretary has asked for an investigation by the official receiver to be broadened and speeded up. Facing questions in the commons, the chancellor was asked about the effect of carillions collapse on the taxpayer. But yesterday, the treas