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Relief efforts. Theres a lot of people that are frustrated out there and i can certainly appreciate that and we felt that when we were on the Road Yesterday but also told them that this is unprecedented what we are dealing with. Previously the worst Storm Georgia had ever dealt with. We dont need people in washington doing things, we need people here doing things and this Community Show that. Sandra Brandnew Top of the hour. We now know at least 200 are dead. Holmes upended and homes unrecognizable. Any moment now President Biden will be getting an update in florida as he continues his tour of the hardesthit areas. Our thoughts are with all of those affected by this. It is brutal for so many. Hello and welcome everyone. I am Sandra Smith in New York. John our houtz go out. Im John Roberts in washington and this is ameri ....
As much as 5 Billion each day according tojpmorgan analysts. Us retailers, automakers and other businesses now face Ballooning Freight rates ahead of the crucial festive shopping season. Large retailers have pulled forward imports of much of their Holiday Merchandise and made reservations with west Coast Ocean and Rail Carriers in hopes of avoiding any disruption. Lets speak to peter sand, chief analyst at xeneta, an Ocean Freight analytics firm. Hello to you. I know you have already calculated what this could mean if the Strike Action goes ahead, so do tell us more. A disruption like this always comes at a bad time for European Exporters into North America as well as North American exporters out of thE East Coast And Gulf coast. It will be impacted at first but this seems to be a first for almost 50 years, has the potential no ....
In almost 50 years. And india softens restrictions on rice exports. Well be live in mumbai. Welcome to business today, live from new york, i m ritika gupta. Us stocks inching lower this morning but, Wall Street is set to end september on a high. And earlier today, we saw a strong rally in asia chinese stocks surging 8. 5 off the back of more stimulus introduced by the chinese government. Joining me now is bob doll, ceo of crossmark global investments. Thanks forjoining us. Chinese stocks post their biggest one Day Rally since 2008, not seeing that feed into us markets. What are your thoughts on addin ....