President of the United States is the president of the United States. He can do whatever he wish and he is not accountable to me or anybody in this room. Renault shares fall to the bottom of the 600 as reports emerge that nissan is gearing up for a potential divorce. The pound falls below 1. 30 against the dollar after the bank of Monetary Policy Committee Says he would vote for a rates cut if there is no improvement in the uk Economic Data welcome to the show, everyone the most Senior Commander of irans revolutionary guard was called to a closed session of parliament after tehran admitted it mistakenly shot down a Ukraine International Airlines Passenger plane. There were no immediate details asked of the official but iran blamed its air Defense System for the crash, which killed 176 people the announcement has sparked protests across iran and protesters have called for the resignation of iran saying they tried to cover up involvement in the crash. Dan is in abu dhabi. What a differen
Dollar exit package. Ford cant get its china strategy just right. With you one billionaire turned space cowboy could be looking for love in all the wrong places Worldwide Exchange begins right now. Good morning and welcome to the show im dominic chu in for Brian Sullivan here is how stock futures are looking to kick off the trading week what a week it will be as earnings week kicks off in earnest tomorrow well see the dow open up by 112 points the s p up by 11 the nasdaq up by 42 points as well this week well hear from jpmorgan chase, wells fargo, citigroup, delta thats just a few of them in terms of earnings reports due out this week as the earning season starts off. According to data, they say Fourth Quarter earnings are expected to be down 0. 6 of 1 which would mark the second straight quarterly decline that has not happened since 20152016. Maybe an earnings recession. Thats what folks are looking for perhaps this time around treasury yields in focus we see a Little Movement in the
Policymakers are focused on meeting inflation goals adding it is essential that we at the fed use our tools to make sure that we do not permit an unhealthy downward drift in Inflation Expectations and inflation we are strongly committed to symmetrically and substantially achieving our 2 Percent Inflation objective so that in making long term plans households and businesses can reasonably expect 2 Percent Inflation over time pauls comments come just 2 weeks before the next pred policy meeting which takes place december 10th and 11th now kristie i wanted to ask you the question why is this 2 percent Interest Rate so important Federal Reserve chairman jerome paul so 6 essentially the fed was created with 2 mandates they have to do a man is which is one to maximize employment and the 2nd one is to stabilize prices for consumers for businesses so that as i 5 said that these guys they can expect what what they need to spend in the coming year. So by setting an inflation goal of 2 percent is
For more than 2 years slowly but surely moving the ball down the field but we are not there yet he said quote let me repeat we are not there yet junko went on to say that getting the deal done right is more important than getting that done fast by the way the u. S. Embassy it was signed by all 3 countries the us mexico and canada but a year ago but it has to be passed by lawmakers in all 3 countries including the us congress joining us now to talk about this issue and what ultimately be good for workers is former u. S. Representative alan Grayson Allen thanks for being on. Q. So thats begin here with the concerns over the u. S. In ca really being nothing more than just well lets call it this nafta 2. 00 which cost American Workers millions of jobs so why should American Workers believe that the u. S. Isnt just really going to be more of the same well it is more of the same theres no doubt about that if they believe theyre right its 2 or 3 ounces of nothing if we if you reach the point.
And there are some Big Questions about whether this deal will actually be good for worker former u. S. Congressman from florida alan grayson joins us to break it down. The privacy part of. No longer be considered a viable candidate or minera when it comes to privacy well tell you what one of these that analysts found and what it means for privacy and they do with the continues over to the wildly popular app is now pivoting to other countries weve got the report straight ahead a lot to get through today so lets get to it. And we begin with well it has been a good year but really a great year for tech stocks in fact tech stocks are racing toward their best year in a decade and that means that investors are interested in Companies Offering everything really from memory chips to social media platforms tech stocks seeing their best year since 2009 demonstrates that while the broader economy may be showing signs of cooling there is a lot of confidence that Tech Companies will be able to cont