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Likely added 193,000 private jobs last month. And then the Big Government jobs report out on friday. Sara, thanks. In Corporate News, a number of legal headlines out of the Financial Sector this morning, jpmorgan agreeing to pay 614 million in the mortgage fraud case. The late nest a string of legal claims against the bank. As part of the settlement, jpm admitted it defrauded federal agencies by underwriting mortgage loans. At issue, thousands of insured loans that were not eligible for insurance by the fha or department of veteran affairs. Morgan stanley will pay 1. 25 billion to resolve the mortgage lawsuit. Morgan will add 150 million to its legal reserve as a result of the settlement. And a new judge priding over the bank of americas proposed 8. 5 million settlement has postponed entering a final judgment in the ca ....
As the retailer is battling to keep market share. And the art of doing nothing is honed both sides of the atlantic. Fed chair janet yellen keeps investors guessing while mario draghi is to remain tight lipped on the euro. Well be joined exclusively as well by the ceo of another big player in the asian market, tid Tidjane Thiam joins us in three minutes. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello an a warm welcome to todays Worldwide Exchange. As ever, theres plenty to get through. Well be concentrating on the countdown to the Rate Decisions from the ecb and the bank of england. First we kick off in the corporate sector and the uk bank barclays. Its unveiled a ....
Lets implement what we have done and then we will see. Scotlands alex hammond accuses David Cameron of creating a of fear. They will want to become the singapore of europe would be my bet. And 250,000 a day, yahoo reveals the u. S. Government had threatened massive fines if the company didnt hand over data on users. In the broad expansion of the Government Surveillance Program. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. Lets have a look at european markets. As you can see, broadly flat so far. They did edge up earlier in trade at the moment, up just over 0. 07 . Lets look at the individual markets. Whats ultimately taking the wind out of european bourses sails today is news of more sanctions imposed on russia. On top of that, weve had ....
Stocks Closing Price on friday. Michelle, how was your weekend . It was great. How about yours . Fabulous. Good, good. In global news, chinas Statistics Bureau says the countrys economy is showing clear signs of stabilization. Among the reasons, policy support and some improvement in global demand. Chinas economy is said to be on track to meet the governments 2 on 13 growth target of 7. 5 . U. N. Inspectors in syria are now heading to the site of the alleged poison gas attack. Syria has supposedly agreed to allow the inspectors to visit the site. This comes amid calls from western powers for military action. Well have more from john harwood in just a few minutes. Here in the u. S. , dozens of wildfires burning this morning across the west. One of the most severe is raging out of control in the mountains of northern california. The latest reports say the giant wildfire has c ....
After the bell, earnings beat the street. Analysts say rosy quarterly figures masked troubles at three of news corp. s properties, most notably fox. The nations retailers will report Monthly Sales today, costco post ago 4 rise in comps. And there were two after the bell winners in the space. Shares of zumis rising after the Action Sports retailers raised its forty quarter guidance on sales. Im putting the gavel down and sending it to you, mandy. You have the gavel this morning . The gavel is at the desk. He has to like that. Whenever he goes, he takes the gavel. Why dont we take on the markets this morning for you and get you up to date on what is happening out there. Of course, were looking at an implied open that is marginally positive today. As for oil prices which had been moving higher, ever creeping towards that 100 mark for crude, were currency just below 97 right now. T ....