Interactive content teaching the next generation of the detection. Mums and channels available to people to catch up and more determined to build something here for the next generation. The environment series of global 3000. Crosscurrents weighing on the economy thats how Federal Reserve chief powell described the state of affairs and the strongest signal yet at the worlds most powerful central bank could cut rates this month. The end of the road for the foxconn beetle as the very last edition rolls off an Assembly Line in mexico. And monaco because of the 1st european country to be covered by super fast 5 g. Courtesy of a controversial chinese firm walk away. This is the w. Business im in berlin Federal Reserve chairman Jerome Powell has boosted expectations for the 1st u. S. Interest rate cut in a decade to be implemented later this month in testimony to Congress Power pointed to a broad global weakness clouding the u. S. Economic outlook amid uncertainty about the fallout from trump
Economic outlook amid uncertainty about the fallout from trumps trade conflict with china and other nations President Donald Trump has been pushing paul to cut rates and has repeatedly said he has the power to fire the fed chair if he doesnt comply. Our financial correspondent joins us now from new york to tell us and how did pauls comments go down on wall street. New records simple as that for the very 1st time ever the s. And p. 500 crossed the crucial 3000 point mark at least during trading and there was one word that youre stressed again and again and again and that was the word uncertainty uncertainty about trade uncertainty about Global Growth and this is pretty unusual that the fed chair stresses so much external factors that are not actually under the influence of the Federal Reserve or even of the u. S. Administration when it comes to Global Growth growth but there is no 2nd guessing year on wall street that we will see a rate cut by the end of the month even if it might be sm
But cannot markets after the holiday weekend, feature showing it lower to flat opening for the market. Premarket s p flood down more than eight. European markets remain closer to asia overnight. Gains in the shanghai, the hang seng was closed. But then again, the crib to a currency bounces back whether it can retain its shine. Well talk about it. Controversy over it congresswoman seed in the air. United apologizing after booting a firstclass passenger for Texas Democrat Sheila Jackson lee. Airline response to the growing outrage over that move. The retail rebound weve seen christmas shoppers give pretty married this Holiday Season. All the numbers became pretty darn good. Their rush to a trillion, while baron says apple could hit the number in 2018. Jumanji sings into the Christmas Box office. We will see whether its enough to force the last jedi off the top spot. All of that coming up through the former Lieutenant Governor of new york. Betsy mccaughey is here, former fbi joint Terror
Things. Ive reinvented myself a number of points in my career we can talk about it if you want. Ive been doing the technical commentary and reviews and columns for about 26 years, this year it will be 26 years. It just seems to me i have some other things i want to do and try and thats why im retiring. Will they involve tech . I will never not interested in tech. Its certainly possible that i will pop up occasionally and have something to say in print or on a podcast with a video or something. The folks at fox media where i work now are threatening to try to call me out of retirement from time to time. And i will probably do it. But i want to do something that maybe is not about it without giving up that explore some other things. 26 years ago how did you get into this position . I had already been a reporter at the wall street journal for 20 years. But the last ten of those years i had been a computer hobbyist, some of the older privative computers that were around at that time, learn
Vote. And i said at the beginning, we are going to get the bad ones, the really bad ones. Were getting them out and thats exactly what were doing. I think in the end everybodye everyone is going to be extremely happy. I will tell you right now a lot of people are very, very happy, right now. Jeremy diamond is there at the white house for us. Jeremy, let me just underscore the conversation we just heard about equally as important as what was asked is what wasnt asked. You heard those reporters shouting other questions, maybe more pressing questions. But we didnt hear anything about Michael Flynn. Yeah, absolutely. The president was not asked to address this broiling controversy surrounding his National Security adviser, Michael Flynn. But that was a dance on full display, the relationship between trump and trudeau where really the two leaders tried to avoid topic of disagreement, and really the Prime Minister of canada saying its not his role to lecture trump. That came in particular re