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Iran sanctions on iran more and more international businesses of fleeing the country leaving the economy in freefall. path and flying high keep your seat belts on it could be turbulence ahead the warning to investors from cathay pacific. i mean physical and that's the business global trade tensions of sparking central bank is into action rate cuts in a whole host of asian economies this wednesday the moves are also based on poor economic data the latest coming from europe's economic powerhouse germany where industrial production fell back in june german industrial leaders say companies must pr...

Right our correspondents are always on a phenomenal story for paso texas tonight alexandra thank you. well u.s. president donald trump's trade war with china is taking a toll on wall street the u.s. markets are down again this wednesday as investors remain nervous some surprise interest rate cuts in asia earlier in the day did not help meanwhile investors are looking for a safe haven and have driven the price of gold to a 6 year high. india the country where gold prices have soared to an all time high it was one of 3 countries to take markets by surprise on wednesday the indian central bank cu...

Welcome back. stock futures here in the u.s. are signaling another tough day ahead for wall street after the federal reserve once again raised interest rates. the fed announced yesterday that as the market had expected, it was raising its benchmark rate a quarter of a point, marking the fourth increase this year and the ninth since three years ago. the fed says it is now projecting two more rate hikes next year, down from the prior forecast of three. that move comes as president trump continues to hammer the central bank over its rate hikes. the markets face waves of volatility including all t...

Shouldn't say it as a president. i couldn't care less what they say because my views have not changed. i don't like all of the work we're putting into the economy and i see rates going up. >> the critique broke with a 25-year tradition in which presidents refrained from speaking on monetary policy. the dollar and the treasury yields fell sharply after his comments, but have since recovered. fed chair jerome powell has risen its benchmark rate twice this year and signalled two more rate increases over the coming months. trump went on to say he wouldn't interfere with the fed's plans. let's sw...

Rhetoric, actually what we are hearing is the true nature of the european project which is genuine anti-americanism. >> european leaders are looking to meet with president trump but a white house aide reportedly rebuffed a summit scifically with the european union. they were said to be told it's not a priority. james. >> greg palkot, thank you. the federal reserve is declining to raise interest rates. the fed ended its latest policy meeting announcing its keeping its benchmark rate unchanged very last month, the fed raised the rate for the first time in a year. stocks were up. the dow gained 2...