Come to you 808 to 14000 and right now, Vice President Kamala Harris is in the critical Battleground State of pennsylvania, where minutes from now, she is expected right here to deliver a wide ranging economic micks speech. Her goal to chip away at former President Trumps lead on this top issue among voters have seen a national politics correspondent, Eva Mckend live for us in pittsburgh following the Harris Campaign Pain what she going to say today, eva well, brianna, the goal here is for her to expand on her economic agenda. We know in part we are still waiting thank for the details, of course. But that she is going to focus on american manufacturing perhaps no better place that argument. And right here in pittsburgh, in the Battleground State of pennsylvania, where it the economic club on the campus of carnegie mellon. Were hearing from senior advisors that this is going to be a pragmatic speech that she is going to talk about the power in heart want to sing american innovation that
Jobs. There is very little out there about what she will unveil, specifically today. And so were going to have to wait and see what she says when she takes the stage, which is just a few minutes from now. Dont go anywhere. Heres what shes already announced, broadly speaking. Theres a Child Tax Credit, a corporate tax hike, an elimination of federal taxes on tips. Incentives for housing, incentives for building, money to start new businesses, and fines for Price Gouging along with an elimination of some medical debt. All of this, along with her performance at the debate have brought her closer, yes, closer to Donald Trumps polling on the economy. In fact, the financial times found that those who watched the debate said she would do better on the economy than trump. Thats one poll. Theres a new Fox News Poll that shows her within five points of the former president on the economy, a lot better than the 15point Deficit President biden had against trump back in march. So what does Vp Kamal
Significant challenges. Hedges rise, oil falls for a cplus talks ope are delayed for a third day. Crude had capped its biggest monthly increase since may. Heading for the exit. Unicredits ceo is stepping down after four years at the top of italys biggest bank. It comes amid clashes with Board Members over acquisitions. It is 6 00 a. M. In london, 7 00 a. M. In vienna. We are where we are supposed to be. You wanted to start with oil. I absolutely applaud the decision. There is this line that the prince threatened to resign. My question is simple, is that petulance, posturing, or productive . Good morning . Morning. Annmarie i am certainly sure it is not productive. They are meeting on thursday. A brilliant note overnight saying that like with everything with opec the first day, there is always drama. She compared it to as much as drama you would see in an episode of gossip girl. A lot of infighting. Usually, you and i will report on it between saudi arabia and russia. This time, it is r
So that is pretty evenly split, actually. Theres certainly quite a lot of recognition that Central Banks need to think about new toolkits. We are going to go to some questions now, but if you want. O use the platform to submit i think larry gave an excellent description of what the core problem is that the developed world faces, that there is a glut of saving and a , and it of investment really means that we have to have fiscal policy, structural policy, and things other than. Ust relying on Central Banks i think Central Banks need to do what can come about they can. Adopting a system called flexible average inflation targeting, i think this is an appropriate change. Somewhat improve the scope of Monetary Policy to show that shortterm Interest Rates are often constrained by the effect of lower bound. I think it is helpful in preventing a cycle of falling inflation feeding falling inflation expectations, but i strongly believe Central Banks need to be independent and need to do everythi
Falling back boeing is providing an advance for the dow inlyft customers cancelling orders this year in light of the pandemic. It is up 5 as we speak, 59 minutes left on this session coming up, kyle bass will be with us to talk about the Election Results and how president elect biden will navigate americas complicated relationship with china. Plus an interview you will not want to miss we will hear from carlos ghosn whose scrape from japan to lebanon Drew International attention. We will hear his side of the story,i his thoughts on what will happen to his former colleague and the men who helped him pull off his escape. Lets get straight to thesters we are watching mike santoli tracking the Market Action josh lip ton with the highlights from todays afternoon apple evenly joining us to talk about apple and the broader tech selloff is dan ives mike santoli tell bus the trend. Into value out of growth, into small out of large, and really out of defensive into cyclical thats been the team t