A big win for tic toc in the battle over whether the company will be allowed to remain on u. S. App stores now a ruling by judge carl nichols of the u. S. District court in washington d. C. Blocked the trump administrations attempt to ban take back downloads in the u. S. With the ruling coming less than 4 hours before the ban was officially set to take place now a spokesperson for the Chinese Ministry of Foreign Affairs responded to the judges decision early monday. We have taken note of the relevant reports china has always opposed the us as hegemonic practices of generalizing the concept of National Security abusing state power in unreasonably suppressing in apprises of other countries we hope that the us side what our knisley respect the principles of market economy and fair competition abide by the rules of International Trade and economy and provide a fair open and nondiscriminatory Business Environment for enterprises of various countries to invest and operate in the United State
Coming up next hour cant beat another deadline to stay alive in the United States as a judges blossum measured a bar the video sharing it just ahead will dive into the ongoing saga and where the tech showdown stands and later we take you to london where goober has won its right to operate in the city yet again well break down how the companys stock is reacting and take a look at the overall state of World Markets with a packed show today so lets dive right in. And we lead the program with a big win for tic toc in the battle over whether the company will be allowed to remain on u. S. App stores now a ruling by judge carl nichols of the u. S. District court in washington d. C. Blocked the trump administrations attempt to ban take downloads in the u. S. With the ruling coming less than 4 hours before the ban was officially set to take place now a spokesperson for the Chinese Ministry of Foreign Affairs responded to the judges decision early monday. We have taken note of the relevant repor
U. S. One report says the case has already been pulled. Jack ma seeking more than 17 billion in hong kong as a dual listing. It says it does not need cornerstone investors. We have the latest on this blockbuster sale. Shery he was futures coming online flat after u. S. Stocks fell to an eight week low in the regular session. Warnings from various fed officials of the need for more fiscal stimulus. We saw the selloff continuing. Volume below the average over the past 30 days. 11 sectors on the s p 500, all of them lower by more than 1 . Energy the worst performer as we continue to see Dollar Strength rising against every g10 peer to a seven week high. Oil is extending its losses. We saw some gains earlier in the new york session stop bullish york session. Gains limited by fed speak over the economic recovery. Haidi lets look at how the Asian Session is shaping up. Taking a look at new zealand stocks, we continue to process the rbnz rate decision. A steady beat of the drum roll toward po
Positive he did it in a tweet by saying flotus and i tested positive for covert 19 we will begin our quarantine and Recovery Process immediately we will get through this together our white house while the Top White House doctor rather is released a memo spot speaking about the president and 1st lady saying they are both well at this time and that they will remain at the white house during their convalescence it goes on to say the president will continue carrying out his duties while recovering weve also heard from the 1st lady herself also tweeted to say she and President Trump are in quarantine at home along a trump says theyre both feeling good and all her upcoming engagements have been postponed she also encouraged everyone to stay safe. Our White House Correspondent Kimberly Halkett joins us now from washington d. C. And kimberly the eyes and ears of the world will be watching out for any update on the state of health of the u. S. President what is the procedure when are we likely
Paying more than 1 billion australian to settle a Money Laundering allegation, the largest corporate find never levied in australia. Tiktok drama turns another page, owner bytedance asking a judge to halt the ban in america, Chinese State media slamming u. S. Dirty trip u. S. 30 tricks. We heard from larry kudlow in the last few minutes, downplaying expectations we will be getting any more fiscal stimulus through the pipeline, larry kudlow saying he doesnt think the u. S. Needs another stimulus package and that they will be doing targeted measures only and need to be smart about this measures. This comes after course of fed officials, including chair powell, saying there is a long way to go for the economic rebound, we heard from several others, all saying there is further need of more fiscal stimulus to do that heavy lifting. And that comes after congress ended its pursuit of a bipartisan spending bill and are now focused on replacing Ruth Bader Ginsburg on the supreme expected thisin