Onjuly 19th, a bug infested update was sent to millions of computers running Microsoft Windows Around The World 7 crashing the systems of organisations from banking, to healthca re, and airlines. According to one estimate the Disaster Cost top us firms more than 5 Billion. Microsoft has announced changes to how it interacts with third Party Security firms. Our Technology Editor Zoe Kleinman looks at the effects of the outage. Thousands of flights grounded. Doctors appointments cancelled. Tv channels falling off air. The It Outage felt Around The World injuly has been described as the worst cyber event in history. Microsoft said around 8. 5 million computers Around The World were disabled after a cyber Security Company called crowdstrike sent out a corrupted Software Update to its nearly 2a,000 customers, many of them huge companies we rely on in our everyday lives. Look atjensen. Are we going to disney . Were going to disneyland right now. Jo and her children were among the thousands a
New record. So theres hope. Sentiment mixed as Congress Faces a crucial week, folks. It needs to pass a spending bill to avoid a Government Shutdown on friday as well as billions and billions in coronavirus stimulus package to help struggling businesses and americans. Weve got up to the minute details. We are about to take you live to the white house. Meanwhile, college kids now protesting tuition costs, refusing to pay after being forced to learn online during the pandemic. The ceo of Online Education company and online textbook rental giant chegg is here on how this is all coming together when it comes to the actual focus that this company was created upon. Parents and students reducing the cost of higher education. As the year of the spac continuing, this video gamings goto payments processor is going public with the backing of billionaire bill foley. He joins us along with the ceo of pay safe coming live on to the Public Markets today. All right. Lets get to the senate floor, where
Of the covid tunnel. Two down, two to come, Johnson Johnson and astrazeneca. Thats the main reason for the big monday morning rally with the dow jones up about 450 points. Tao, 30000. If we gain 500 points the dow jones is at 30k, again in a one half percent. Smaller game for the s p and nasdaq slightly lower. That is the market. Love the rally. Hate this of violence. Trump supporters attacked in washington dc last night with tens of thousands rallying peacefully, but after nightfall violence. A limited Police Presence and virtually no mention about this in the Mainstream Media and so far no statement from the biden harris camp. Bernie sanders now says he has not met anyone who wants to defund the police. Has he talked to aoc . Editorial, the company ministration deserves credit for the Rapid Development of the vaccines. Republican states like florida deserve credit for opening their economies to get the country moving forward and democrat governors in new york and california and elsew
The session. High intraday high russell 2000 continues its high but it, too, has faded during the session. The russell flat, the other indices negative coming up in todays show, well ask allianz chief economic adviser Mohamed El Erian about todays highs plus, the president of shopify about the companys new partnership with alipay mike santoli, tracking the market action. Meg tirrell has more news on pfi zechlt rs vaccine data and phil lebeau, covering the boeing 747 max. Mike, start us off here. Weve been dealing with a couple of issues, the market being a little stretched on the upside after that strong rally month to date. Over bullish sentiment has had a hard time getting traction, but no damage done at this point on the year to date chart were slightly above that september high by half a percent nothing damaging really happening here i wanted to zoom into the last ten days of trading or basically really more like eight days of trading, back to last monday, week ago monday. Pfizer n
Magazine what we see is the economist saying free money when Government Spending news no limits of course the big calling and Gold Community saw 1st by coming up with that mean money print to go broke and of course they saw it the mean was powerful and that unleashed the crack and in big point it unleashed a crack in solver it unleashed a crack in in gold but only if the crack and over at the you know the. President. Was just rather sure. Also. What do you. Yes its free money and the Economist Says quenching out that this could be something to be worried about d and it of course because why its so worrying is that its the psychology once the mind changes once the mind expects that this is the way things can be Going Forward that we dont need to work we dont need to go to labor and and spend 10 hours a day away from our family we could just say at home and speculate via you know various online trading apps and so that mindset is setting in and can we ever step back from that can we step