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More downgrades. This time not on the sovereign but u. S. Banks, 10 downgrades overnight. Tom there is a bank story in italy as well. That is the economic thing to look at. Overwhelming everything here this morning led by the news out of china is it is deflation tuesday. Im looking at the screen and i have not seen that screen in 4, 5, six years. Jonathan dreadful. Tom we were out in front of the story, there is deflation in the air. I can bore you with eight ways, all you have to do is say even oil breaks down. Jonathan every time i get data out of china, it is downside surprise. Lisa one int...

One and it continues to gain weight against other currencies and nymex crude. . 43 at the moment and it has been up and down and we are looking at 82. 36 per barrel for west texas intermediate crude. Jon some of those Energy Stocks is what we are looking at with crude on the move but other macro stories we are tracking is the moodys downgrade of some regional banks. M and t bank shares are down about 2. 5 . Youve also got this overarching theme from ups about volumes right now being weaker and that raises concerns about the economy. Ups shares are managing relatively well, off about half a per...

Its wednesday, august 9th, 2023. This is the cbs morning news. Breaking overnight, voters in ohio reject a measure in a special election in whats seen as a victory for abortion rights. Well get reaction. Alabama arrest. Three men charged in that wild riverfront brawl as authorities search for more suspects. And check your Mega Millions lottery ticket. Theres a single Winning Ticket for that 1. 5 billion jackpot. Well tell you where it was sold. Good morning, and good to be with you. Im annemarie green. We begin with the results of a closely watched special election in ohio that could have an i...

Public service log these other television providers. Giving you a front receipt to democracy. President biden spoke to reporters ahead of a meeting with the white house competition counsel he announced the Consumer Financial finalizing ae cap credit card late fees to roughly 8 and so the current average 0 of 32. As part of the initiative to current crackdown on junk fees agriculture secretary defense secretary lloyd austin also talk about their departments and how they are promoting competition. This runs about 20 minutes. [background noises] the president of the United States accompanied by d...

1 . This is a market that has significant spread. Volatility is taking higher. The Health Care Sector is usually a performing. Financials are under pressure, italian banks plus aberdeen under significant pressure. One stock is under pressure as a result, do we see more consolidation in the space . There is novo nordisk. The chart paints a incredible picture and many have compared to the stock to the forms we have seen out of Companies Like apple. This is an antiobesity drug but now we are it is seeing benefits for cardiology, stroke patients. That is significant because it will make it easier ...