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Transcripts For BBCNEWS Business Today 20240925

After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl ....

United States , Business Today , Steve Lai , Consumer Confidence , Michelle Fleury , Stock Markets , Dowjones Industrial Average , North America , S P 500 Have Hit , New York , Snp 500 , Mst Record , Share Price , Jamie Dimon , Jp Morgan Chase , Debit Card Market , Financial Markets , Card Network , Justice Department , Jensen Huang , China S , Stock Price , Chip Maker , Selling Stock , Al Darling , Rate Cut ,

Transcripts For BBCNEWS Business Today 20240925

After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl ....

United States , Business Today , Stock Markets , Steve Lai , Consumer Confidence , S P 500 Have Hit , Michelle Fleury , Dowjones Industrial Average , North America , New York , Mst Record , Share Price , Jamie Dimon , Jp Morgan Chase , Debit Card Market , Financial Markets , Card Network , Justice Department , Jensen Huang , China S , Stock Price , Selling Stock , Chip Maker , Al Darling , Rate Cut , Federal Reserve ,