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Used to be a sales hit in the European Union but with new imports due to use market share in the e. U. Is tumbling. I want to get jones welcome to your business and were starting with news from south korea which has just cut its key Interest Rate for the 1st time in 3 years the governor of the bank of korea said he know what the key Interest Rate by a quarter percentage point to 1. 50 the decision came amid a brewing trade conflict with japan over its colonial past on the Korean Peninsula tokyo had put curbs on certain materials that south korean High Tech Companies need to produce smartphones and t. V. Sets. But its also far from plain sailing in japan figures theyre just our show exports dropped 6. 8 per ....
That was a reference to ilhan omar and the president s earlier tweet to that effect, send her back. He did not respond to that chant last night. Heres my bottom line. That was a powerful and well targeted opening barrage in the 2020 campaign. Youll hear more of it in just a moment. As for your money, look at netflix, way down this morning after it reported a decline in subscribers in the United States. The stocks up 10 . Huge drop. Ibm reported late yesterday. Not doing well in the allimportant Cloud Business. The stock premarket, no change. But ebay, that is doing well, rising sales always helps and ebay is up 5 . As for the overall market, its digesting these earnings reports and the continuing standoff with china on trade. No movement there. The dow is going to be down 50, s p a small loss, the nasdaq down about seven. Okay. Stay there, please. You are going to want to hear ....
This is bill hoagland of the by paulson part of the center to talk to you about the effect of debt on the federal budget in the next many years. Thank you for giving us your time. Glad to be here. Looking out 30 years, what is the potential when it comes to the debt in the United States . The total amount of debt will continue to grow. A lot of factors involved in that. These are all projections that could be off, but generally because of the demographics of the changes in the way we are an aging population and the fact that we pay a lot in terms of medicare and Social Security benefits will continue to grow. As a consequence, along with just paying the interest on accumulating debt itself means we will be looking at the possibility of the debt to what we call the debt to the level of government growing to what it is today which is at a historic high, around 78 of gdp, well o ....
Loop of the beltway. Now for more is jack taylor. Thanks. For those in that geral area you may find yourself wanting to drive possibly i95. Southbound bw parkway diverting on the outer loop of the beltway. Ride up ride the ramps because the ramp on the southbound side is open. The outer loop of the beltway so go th on the bw parkway remains closed. Northbound bw parkway completely unaffected. Only other delay big so far this morning is alexandria youll find work between eisenhower avenue and van dorn street. Lready. Usy morning lets check on your forecast with storm team 4 meteorologist chuck bell. Afternoon highs all three made it above 90 degrees. That was three in a row at naisional. Today number four. 68 currently at Dulles Airport and66 in Montgomery County. 69 prince georges county. Wakeup weather by 7 00, once the sun is up. Its up before 6 00. Temperatures in the m ....