Environment, both here in europe and around the world. About the data that we are getting throughout the what it means. We are getting pmi data from europe. We rely on the ism data in the u. S. The sent seems to be the employment components are weak and the headline numbers are strong. Orders look pretty good. Jenna henry, global chief economist joining us. Break it all done. We have had the ism and the pmi data. Thewondering how useful data is really and giving us clues at clues as to whether Global Economy is . Not very. But t low levels, still at low levels. Equity markets are looking for their v. It is whether that b continues. There are useful snapshots. It is always encouraging to see territories. It gives us some idea that things are improving. It doesnt tell us anything about the future. Alix what do we learn from germany . Retail cells had a huge pop in may. Retail sales had a huge pop in me. Janet the difficulty you got with the labor market data, obviously, they are heavily
And 10 respectively snap announcing a new partnership to increase User Engagement and add revenue the cofounder will join us in a few minutes for an exclus iive interview. The dow is on track for its biggest drop since march bob has more on this sell off for us bob. The whole reopening story a little bit under debate right now. The important thing is, the reopening stocks the industrial, the fin tech names, the energy and oim names. All moving to the down side. Boeing is still up 24 this month even with this decline its been a monster. Jpmorgan, all banks, weak, caterpillar weak these stocks had very big moves. I want to show you the big etf movers today were getting double digit declines with some of these energy names the jets have become a super star down big today banks also weak and the pej which is a leisure sector very weak here. The reason were having this is because these were the sectors that moved up the most in the last month i want to show you, can you explain to anybody,
Develop a coronavirus vaccine. One of the first human trials showing signs of potential. This is a promising, encouraging, first step. What the doctor leading that trial is telling us this morning. Demanding answers. Congressional leaders set to be briefed on intelligence that russia paid to have u. S. Troops killed. And from moscow, breaking news overnight, as the power play by Vladimir Putin could keep him in office for 16 more years. Back to work . Todays monthly jobs report smashing expectations. The u. S. Economy adding nearly 5 million jobs in june. The Unemployment Rate falling to 11 . With restaurants and businesses can it last . Wet wedding. A couple taking photos for their big day in california washed out to sea by a large wave. Inside the dramatic rescue straight ahead. Those stories, plus, batter up the boys of summer return to the field. Our firsthand look at what the teams are doing to bring back baseball. Today, thursday, july 2nd, 2020. Announcer from nbc news, this is
We were asked about lending practices, think profit in the 2017 republican tax cut bill. This hearing is chaired by california representative maxine waters. The committee will come to order. Without objection the chair has authorized to declare a recess of the committee at any time. This hearing is entitled holding megabanks accountable, a review of global systemically important banks ten years after the financial crisis. I now recognize myself for four minutes to give an opening statement. But before i do, i would like to acknowledge that bruce marks in the neighborhood a cystic Corporation Members are here in the audience today. You are welcome. Today this committee is for hearing on the glue u. S. Global systemically important banks. The force today is witnesses we have the chief executive from bank of america, bank of new york mellon, citigroup, Goldman Sachs, j. P. Morgan chase, Morgan Stanley, and state street. At a hearing on march 12 we had wells fargo then ceo before the commi
Are already pouring in to rebuild european are already pouring in to rebuild markets looking li as european markets looking like this as they open. Well have all the details of what you need to know that the trading day ahead. And with gender equality one of the hottest issues in business well be speaking to one Financial Services firm thats managed to move its gender pay gap so that it favours women well find out just how theyve done that. And with a new report suggesting amazon is flooded fake five star reviews for products from unfamiliar brands today we want to know do you read reviews . Do you write reviews . Do you take them seriously . Let us know just use the hashtag bbcbizlive hello and welcome to business live. The misery is continuing for thousands of jet Airways Passengers and staff. The Indian Airline appears to be on the brink of collapse. Its board is meeting right now to see if it can find a way to keep the carrier flying after it was refused more cash by its lenders on