This is a fox business exclusive and we will ask him if electric vehicle drivers are also doing the diy. Ahead of the nfls first kickoff tomorrow night of the season, this long awaited season, theres a former disney executive who is about to show you his field of dreams plan for canton, ohio and the football hall of fame. Are you ready for the disneyland of football . Is nautilus stock the new peloton . And charlie breaks it on why jlo doesnt stand a chance at buying the mets. Lets start the claman countdown. Liz this is a fox Business Market alert. With the backdrop of a market rally, tiffany is bleeding red after french luxury powerhouse lvmh said it cannot go through with its 16 billion acquisition of the american jeweler because the deal is getting mired in trade disputes. Yes, between france, the european union, and the United States. Tiffany is tanking, down 6 . Its filed a lawsuit to enforce the deal. Lvmh for its part is up half a percent. We have to show you shares of slack, a
Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given the gains we have seen in the renminbi, is it sustainable and how much tolerance is there for further yen strength . Eddie well, i think we certainly do believe there is more room for the cn wide to gain. First in terms of the dollar view, we think the dollar still has more room to go lower. We look at the indices, we are only at about three month highs. We are still below where we are in terms of
If its covid19 vaccine is effective. Jim, i know that citi news popped for you. Yeah, i candidly mike and donna are friends of mine and friends of my executive producer so i have to reveal that because i say its not about friends its about money this is jarring for those of us older than mike who is 60 but he did work there for 38 years, not retiring until february, but how great. When i spoke to him this morning, how great, jane fraser coming in. The Glass Ceiling in banking maybe a is finally cracking and its a great legacy for mike a period where net income increased from 7. 5 billion to 19. 4 billion, tangible common equity 12. 0 to 12. 5 and returned 80 in capital during mikes reign all those numbers havent necessarily led to great performance a of the stock but they are great numbers mike is a much loved figure as is donna, his wife and i regard them as a team and i know he wants to do many, many things in life and this is a soul searching time, he appointed jane last year, he ma
Whose name i wont say on television but it rhymes with Sheldon Adelson. No i meant well then dad also. Lets start at the beginning join us andras in the Ecuadorian Embassy starting in 2012 seeking refuge from political persecution you see it turns out that when you reveal the heinous true crimes of the largest empire the world has ever known an empire no life he. So a songe had to hide at one door then hired a security form called the u. C. Global to oversee security in the embassy and to protect us on the cofounder of u. C. Global is a man named david morale is remember that name because it will come in handy in your heads who gave the worlds most important publisher over to a mob of merchants of death Fantasy League after a 26. 00 team trip to a security fair in los vegas morale as came back to the companys headquarters in spain very excited and said and he came back saying that they were now in the 1st division when a coowners asked what morale is meant he responded that he had turn
Plus, nordstrom and Dicks Sporting Goods both surging in the premarket as the Consumer Sector coming off what was its best day in nearly two weeks and teslas second largest shareholder suggesting elon musk should step down as ceo. We have details. Central bankers and economists from around the world are gathering at the kansas city feds annual symposium in Jackson Hole Investors bracing for tomorrows speech by fed chair powell among the president s repeated calls for additional rate cuts some big live interviews coming up today and tomorrow from the summit our Steve Liesman will have harker in about an hour. Hes got bullard tomorrow. But we know what the minutes did to odds of a 50basis point cut yesterday. Yeah, everyone is a little talking at different moments here you have the president saying things, the economy is fantastic, which is why we need to cut rates but now hes focused on germany. You have the fed focused on the data and a little more torn. The fed is clearly thinking abo