Bonanza for Chatg Pt Maker openai it takes in new funding, making it one of the most valuable Start Ups in The World. Will he or wont he show up that is Elon Musk is due to testify to the us Markets Watchdog over his Twitter Buyout after a no show last month. Welcome to business today, im ben thompson. We start in the Middle East where, as weve been reporting, President Biden has said the us does not support an attack by israel on irans nuclear sites in response to tehran s missile strikes on israel on tuesday. The us president said the israelis had a right to respond to the attack, but they needed to do so proportionately. In the latest fighting, israel has bombed a building in central beirut. Oil prices have risen since wednesday over supply fears, with markets regaining ground as investors seemingly come to terms with the escalation. Lets have a quick look at the price of oil. This is the one to keep an eye on, Brent Crude up another 2 today taking it above 75 per barrel. For more o
Senior Investment Strategist at Edward Jones here in new york. Were seeing a dent in risk appetite. The market is grappling with a variety of worries tensions in the Middle East, a Port Strike and election uncertainty. Do you expect to see volatility . Are there any opportunities . Yes, it is great to be here, and we are moving nicely thus far this year and we are moving nicely thus farthis year in and we are moving nicely thus far this year in the snp 500, up far this year in the snp 500, up nearly 20 . As you noted, youre heading into a choppy October Period and facing mounting walls of worry in the market, including the upcoming election on November The 5th and the ongoing Port Strike on the Eastern Seaboard as well as growing escalations and tensions in the Middle East. We say investors in markets should prepare for bouts of volatility ahead of a 20 rally also, that is a natural next step in terms of what might happen in markets. We are probably due for a period of pull back, but w
In terms of iran and the risk to exports directly out of iran, thats about 1. 7, 1. 8 million barrelS Per day. And obviously those, the Export Facilities in iran, are those probably at greatest risk in the aftermath of what happened on tuesday night. But i think, you know, weve had a muted reaction, partly because markets are still focussed on a comparatively weak chinese economy and expectations that the Oil Market more broadly next year is looking like it may head into surplus. So, you know, very much mixed messages at the moment coming out of the crude market. Lets go straight to New York and get the latest from our correspondent there, ritika gupta. We saw there prior to starting to rise once again, particularly off the back of those comments by president biden. Explain what he said. We are seeing biden. Explain what he said. Are seeing Oil Prices spiking after the back of president biden s comments, saying they are considering the possibility of israel launching a counterattack on
Welcome to prime time weekend. I am nicolle wallace. Lets get right to top stories. In a Perfect World we would not actually start the show where we are going to start it today, opening our broadcast with the results of what amounts to a legal circus, a spectacle and diversion. The ruling from Fulton County Superior Court judge scott macv was actually a victory for rule of law in the matter of the d. A. S relationship with special prosecutor nathan wade the judges ultimatum amounted to this. Either leave wade behind her help the prosecution of this case altogether. Turned out to be an easy choice for d. A. Willis to make. Remember what she said when she announced the indictment. The states role in this process is essential to the functioning of our democracy. Georgia, like every state, has laws that allow those who believe that results of an election are wrong, whether because of intentional wrongdoing or unintentional error, to challenge those results in our state courts. The indictme
Senate race in ohio and pitting the Maga Movement against the old guard and what this fight could signal for november. Plus, President Biden is on the West Coast Swing and his message as he is promising to hold states like nevada and arizona. And plus, set to testify, an adult fixer and adult star and what it means for the donald trump deal. And also, a tentative deal to prevent a Government Shutdown. It is 10 00 eastern and im ana cabrera. Thousands are headed to the polls, and there are contests throughout the country with National Implications through november like the rowdy ohio Senate Primary and it is the Maga Movement against the old republican establishment. Bernie moreno, a new person to politics, endorsed by the Ohio Governor and also in the running is the governor frank larose and whoever wins will run against the current senator Sherrod Brown. We have Steve Kornacki and Vaughan Hillyard, and we will go to start in ohio, and jessie, you are following that one there in ohio.