Alongside tom keene and lisa abramowicz, i am Jonathan Ferro. The s p 500 positive by 0. 22 . Tomorrow morning, retail sales, thursday from walmart. How many times have we done this from august . Talking about china. China the headline once again. Tom it starts and ends in china with a set of news. What is interesting to me is it is not one story. You have to get briefed on this to get up to speed on three, 4, 5 stories. Chinese equities in the tank, iron or somewhat in the tank. A lot of moving parts going on in china and that comes back to jackson hole. Jonathan one chinese developer, Country Garden holdings seeking to extend for the first time ever. Away from that we have a wealth manager missing payments. This is starting to mount in a bigger way. Lisa which begs the question of when this becomes financial contagion in china. Why are we not seeing more trickle out affects . Is that what we are seeing in germany or parts of europe . A lot of u. S. Companies are rationing back expect
Am delighted to welcome all of you to the Carnegie Endowment for international peace. Especially delighted to n, asme director rasmusse he completes nearly 30 years of Government Service. We are fortunate and honored he chose to offer a parting thoughts that the place for his atfessional journey began, carnegie where he served as an intern in the Junior Fellows Program after graduating from wesleyan. I have known nick for many years since the 1990s, we served together in the state department, when he worked for did this ross in the middle east coordinators office. Next went on to serve as one of the very few senior u. S. Government officials to serve virtually continuously since 9 11 and fighting terrorism around the world. Over the last three years, he has led and molded hundreds of colleagues across different federal agencies into a remarkably strong and cohesive chain. Ana moment when there is increasing tendency, i think, to disparage sometimes and to politicize the work of career
These are your markets. We see a little pressure on the stoxx 600. In treasuries,. 0297. We will delve into that deeper and what that means for kuroda. We are getting breaking news. The conference number a touch below estimates. Look at the markets and it is not having them a seven impact. Coming up, the chairman of geo group joins us. We also speak with jeffrey you. , imtle bit later today excited about this interview. Conversation with the latvia governor. First, heres nejra cehic. Theresa may and colleagues will try to thrush out an agreement on what kind of trade deal they wont the European Union. It comes with just over 30 months until brexit day with may urgently needing to spell her blueprint. Meanwhile, the u. K. Has asked the eu for flexibility on the length of the brexit transition with a longer bridging face that phase. Bank of america is the first to commit his longterm future to the u. K. Even as the country depressor brexit. They have extended the lease in the london head
There. Retirement night 602 million , the headlines coming out fast and we will bring you some of the figures as soon as we get them. Erik wells fargo is one of the more consistent performers on wall street, beating earnings per share would be the seventh time in the seventh quarter. They are managing analyst expectations. The big issue for wells fargo is about the Net Interest Margin. The Net Interest Margin is almost 3 . Wells fargo among the biggest banks with the very best Net Interest Margin. The difference affects the Interest Rates between the Interest Rate at which you lend and borrow. And it was of the vacation but more or less what it works out to. And the second bank of the day jpmorgan being the first where we see an increase in the interest margin. Youre heading toward that fed rate hike whenever that happens and that will be good for banks but this gives us an indication that it seems that the banks of a slight bit more Pricing Power as we head toward the rate hike. Matt
Cooling trade winds, and the crystal blue caribbean sea. Nonstop flights are available from most major airports. More information for your vacation planning is available at aruba. Com. And now, bbc world news. Anchor this is bbc world news america. Reporting from washington, i am jane obrien. The las vegas killer may have had help and planned to survive the attack. A state is a most impossible Stephen Paddock acted alone. Spains Constitutional Court bans the Catalan Government in fears it could push for independence. And praise for his novels, the british author Kazuo Ishiguro wins this years nobel prize for literature. In this age of false news, i thought it was perhaps a mistake. Jane the possibility that the shootinghind the mass in las vegas could about help and planned to flee is a new twist in the ongoing investigation. Police say the attack involved meticulous planning and it was almost impossible he did it alone. Stephen paddocks motive for killing 58 people is a mystery. And h