Steven Blitz News Today

Live from new york, at the opening bell, this is business today. Traders tread water on wednesday. Cranking up the voltage on trade tensions. Canada slaps hefty import taxes on electric cars made in china older, wiser, and ready to spend. How businesses are finding a Silver Lining in indias ageing population. Welcome to business today, im Michelle Fleury live from new york. Us markets slip at the open after the record close. More on that any moment. Lets turn our attention to markets, the dow is...

hello, im with your top business stories. should one of britains most influential newspapers be owned by the abu dhabi royal family? thats a question the uk government has been grappling with — since the 169—year—old daily telegraph agreed to a major investment from a uae—backed firm late last year. redbird imi is backed by shekih mansour bin zayed al—nahyan — who also owns manchester city football club. the deal has been put on hold until later this month while uk media re...

and virtual passport to paradise: why a remote pacific island nation is offering digital citizenship to people around the world. so, lets get down to business. we start here in the uk, where companies are begging the chancellorjeremy hunt to provide more support for business when he announces his budget next week. as it stands, firms face a sharp rise in corporation tax at the end of the month, just as government help with energy bills is scaled back and tax breaks on investment are ph...

mischievous�* — asias richest man hits back against us traders who raised doubts about his finances, wiping $10 billion off his companies�* share prices. and never too late to influence — why brands are seeking out older people to push their products hello. we start here in the uk, where in a few hours time the government�*s finance chief chancellor of the exchequerjeremy hunt will announce plans to boost the economy and tackle the country�*s poor productivity. central to t...

week for big tech. plus a pre—halloween treat as the us economy returns to growth. but inflation�*s still a nightmare for president biden — with midterm elections looming. we start with the worlds richest man: billionaire boss of tesla — space entrepreneur — and now the new owner of twitter. elon musk has now closed his $41; billion takeover of the social media giant ahead of a 5pm deadline set by a us court. and he has moved quickly to sack the companys senior management. it...

from new york. michelle fleury reports. we should get further evidence there is slowdown in the job markets. employers are growing more cautious and employees are sticking around longer. one caveat should see some distortion to the numbers, the auto and actors strikes both endedin auto and actors strikes both ended in november with many returning to work that same month. plus, the end of the year is when many seasonal workers get taken on. american central bank, the federal reserve, it...

welcome to our look at the top business stories. im lukwesa burak. today, global markets will be watching the latest us inflation data for clues as to whether the federal reserve might move again on interest rates. inflation was 3.7% over the 12 months to september — which is the same rate recorded for august. while inflation has cooled significantly from last year, it remains higher than the 2% target. this month, the us central bank held its key interest rate at its current 22—ye...

The Fed likely wont cut interest rates until after a recession arrives, according to GlobalData TS Lombard.The research firm said Fed Chair Powell is likely

The Fed is making a big mistake by not cutting interest rates right now, according to GlobalData TS Lombard.

The data spells at least a mild stagflationary environment that will make policymaking troublesome.