Weve got more on that big story in a moment. Twitter and facebook purnlipurnging more accounts from platforms after the siege. Former fcc commissioner Robert Mcdowell to see if more regulations are coming and what they could or should look like later, a big week for ipos petco to posh mark this weeks largest debuts we start with a shift happening in the market and dominic chu has more on that for us. I do, morgan. Look at whats happening right now with one key trend weve been seeing over the course of the last several months and that is the outperformance of small cap stocks and the transportation stocks on this idea that we have optimism surrounding the vaccines for covid19 and the economy perhaps getting more traction in 2021. The transports and the small caps tracked, you can see fairly closely throughout the course of the last 12 months the small caps were underperforming in the fall and now you can see here have now regained some leadership position with that, so were watching to
Againlls over the weekend pointing to a conservative victory. We have a mild bid on the german tenyear today, 31 basis points. Weve now got a three handle again. But its a big week for the euro, with the ecb coming up later on. Certainly watching Christine Lagardes first performance after that decision is made on thursday. Vonnie. Vonnie just a little while ago, we got word that paul volcker had died. The former Federal Reserve chairman broke away from runaway inflation brought the bank to and later,lation, during the obama administered and the obama administration, was brought in to create the volcker rule. For more on his luck as we are joined by stephanie flanders. Clearly, volcker had an enormous career. He served under six president s, both republican and democrat. Started to really change the way the u. S. Handles Monetary Policy. What would be his most outstanding legacy . Stephanie i think youre spoiled for choice because he was involved in some of the key Landmark Events in Gl
First to our top story, job numbers came out friday while overall payroll gains were up in july along with a rise in hourly earnings. That wasnt enough to keep stocks out of the red, the worst week of 2019. This as President Trump decided to ratchet up the trade war with china, announcing a slew of new tariffs for the start of september, and dont forget the fed cutting Interest Rates for the First Time Since 2008. A move chairman powell describes as a midcycle adjustment to keep the economy expanding. We have tom thibodeau, the ceo and our editor mike regan. Why were markets caught off guard by the president s escalation of the trade war, when really there has been no end in sight. If you look back to the g20 meeting last month, there seems to be, if not progress, at least 80 escalation of tensions. When we started the week, President Trump was tweeting on monday about china, criticizing them. At that point it didnt seem like he was ready to escalate things with fu catching people offg
The door. Doordash. Survey hear from the monkey ceo. First to our top story, job numbers came out friday while overall payroll gains were up in july along with a rise in hourly earnings. That wasnt enough to keep stocks out of the red, the worst week of 2019. This as President Trump decided to ratchet up the trade war with china, announcing a slew of new tariffs for the start of september, and dont forget the fed cutting Interest Rates for the First Time Since 2008. A move chairman powell describes as a midcycle adjustment to keep the economy expanding. , the ceoom thibodeau and our editor mike regan. Why were markets caught off guard by the president s escalation of the trade war, when really there has been no end in sight. G20f you look back to the meeting last month, there seems , if not progress, at least 80 escalation of tensions. When we started the week, President Trump was tweeting on monday about china, criticizing them. At that point it didnt seem like he was ready to escalat
Merger man, here in a first on fox business interview. He is tmobiles outside counsel on whether theres any credibility to this report from bloomberg which would stop the creation of the Third Largest wooil wi wireless operator in the u. S. At this hour, several major american tech giants who do business with huawei are slamming the door on President Trumps blacklist order from google to momentum and a huge number of u. S. Chip makers, there are all kinds of reports they can no longer do business and its going to hurt their revenues. We have the latest chapter in the huawei saga. Speaking of slamming, the nasdaq bulls are slamming into a wall and its bigger than just huawei. The techheavy index is down 121 points or a loss of 1. 5 because this overall trade war with china shows no obvious signs yet of any resolution. With exposure to china, you know apples a big story. We are about to show you shares of that. But there is good news here. With summer just days away, how do five days in