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BBCNEWS Talking Business July 6, 2024

to the country torn by internal conflict. you are watching bbc news. now, it s talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let s go and take a look at what s on the show. the great global divide is the world economy drifting away from us dominance, as some of our biggest emerging economies are showing us what economic growth is all about? india, it s sitting pretty at the top of the pack, growing faster than any other major world economy. it s also one of the major leading players in the group of emerging economies who are talking up the idea of a common trade currency to counter the dollar. so, could they become the trading block of the future? i m going to be discussing all of that and more with these two. there they are. the man who first coined the phrase the brics, and a former central bank economist from brazil. also on the show, shining bright like a diamond. yeah, the shiny rocks have been one o ....

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CNN CNN Tonight July 6, 2024

down. of course, the question tonight is, where is that exactly and when will it come down? by the way, how will it come down? the a spy balloon. the pentagon refusing to say whether they are considering shooting it down what looks like a chinese spy balloon floating high above some sensitive sites in this country. but officials telling cnn they haven t ruled it out either. meanwhile, this balloon, which is the size, by the way, of three school buses, is just meandering along thousands of feet up in the sky. it was spotted twice on wednesday over montana and twice over missouri today, including in colombia, missouri, this very often-afternoon where this exclusive footage was shot. it s flying about 60,000 feet up, 18,000 feet higher than a commercial airplane does. and now the pentagon says there is another chinese spy balloon that is currently somewhere over latin america. we will talk about what the heck is going on in the skies tonight. here to help us figure all thi ....

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CNN CNN Newsroom July 6, 2024

inflation. prices fell dramatically last month for manufacturers. of course, those costs passed down to consumers eventually. the flip side, there are still banking fears simmering, futures way down ahead of the opening bell, you can see there. what all of this means as we get another big decision coming, that is, the feds, whether it will raise interest rates again. plus this morning escalating tensions after an alarming encounter over the black sea, a russian fighter jet colliding with an unmanned u.s. drone. that $23 million aircraft then crashing into the sea and the race is now on to recover it. extreme life-threatening weather continues to hammer both coasts this morning. record rain, swamping california, heavy snow, 3 feet in some areas, burying the northeast. this morning nearly half a million people without power. we are going to get to all of that, but we do want to begin with the economy this morning, this new data that just dropped, cnn chief business ....

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CNN CNN Tonight July 6, 2024

balloon, the pentagon refusing to say whether they re considering shooting down what sure looks like a chinese fly balloon, officials telling cnn they haven t ruled it out either, meanwhile the balloon the size, by the way of three school buss is meandering along thousands of feet up in the sky. it was spotted twice on wednesday over montana and twice missouri today including in columbia missouri this very afternoon, where this exclusive footage was shot. now, the flying about 60,000 feet up 18,000 feet higher than a commercial airplane and the pentagon said there s another chinese spy balloon currently somewhere over latin america. we ll talk about what the heck is going on in the skies tonight here to help us figure this out. cnn tom foreman and animal coldnal layton, let me begin with you, tom at the magic wall, where has this balloon been and where is it going. if we trust what the military thinks about it where it s been was china, flying coming in over canada an ....

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CNN The Lead With Jake Tapper July 6, 2024

failed within three days of each other. that led credit for moody s to downgrade its outlook for the entire u.s. banking sector. and those worries skyrocketed today because of troubles facing the global investment company credit suisse. the saudi bank failed to rule out giving funding to the already embattled company that combined with the recent u.s. issue sent stocks falling. i want to bring in business reporter rahel solomon, rahel, walk us through what happened today. well, jake, basically the mood for investors, as investors search for the next sign of weakness. to be clear, i think the nasdaq actually closed slightly higher which is interesting. but this is really just a confidence issue at this point. you can see that reflected very clearly in some of the bank stocks. i want to point your attention to some of the regional stocks, jake, you and i have talked about already. first republic bank off 21%, pac-west off 5% on top of the losses. it s been a rough go fo ....

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