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Are shaping up. And harnessing the power of sd printing in health care. We meet the firm thats revolutionising the way artificial limbs are made making them cheaper and easier for those who need them most. And as you are hearing. Like it or loath it facebook is bigger more profitable and more controversial than ever. What do you think about that . Has it got too much influence . Just use the bbcbizlive. Hello and welcome to Business Live. We start with facebook because despite the ongoing controversy over everything from fake news to extremist and violent content the Social Networkjust keeps getting bigger and more profitable. Facebook has been warning for some time it cant keep growing at this rate but the latest results show no sign of a slowdown. Facebook made profits ofjust over 3 billion in the first three months of this year. Thats a jump of more than 76 on the same ....
Business news and analysis. The book, so maybe the president could be right about that. Something that the president knows hes got some backup on when pushing this issue, trish, of immigration and his national security, he was standing there with guiseppe conte, the new Prime Minister of italy that won office based on wanting to reform italys Immigration Laws and tighten Border Security there. Angela merkel, who is not exactly a huge fan of the president , has recently said that germany is going to tighten up its borders as well. So perhaps public sentiment is moving in a direction that the president believes if he were to pull the trigger on a Government Shut Down, might be one that he could benefit from politically. That really would be bucking history, t ....
The trade deficit of the April-November 2022 period is $10 billion lower than preliminary estimates. Experts believe that such large variations significantly affect policy making. ....
Commerce department shows the trade deficit increased 27% in 2021 to an all-time high of $860 billion, underscoring, first of all, a lot of spending and buying, but also the country s strong dependence on imports from china and other countries. this as new data also shows china is failing to hold up its end of the trade deal it made with the trump administration. joining us now is brian dietz, director of white house economic council. in addition to the overall trade deficit numbers, the trade deficit specifically with china increased 14.5%. so what concerns do you have with that kind of imbalance with the country that the white house considers the u.s. s greatest competitor? well, as you said, john, the strength of those numbers reflects the strength of the economic recovery in the united states. we saw the strongest period of economic growth last year in nearly 40 years. it is being driven by strong ....
A little bit, maybe it will get going again and we ll see a great match between the two. andy, nice to see you this morning. let s get a check at cnn business. the markets around the world, shares closed mixed. london opened lower. china is on holiday. european market grappling with inflation concerns. still top of mind is the global supply chain remains tangled. on wall street, stock futures leaning lower after a bounce back yesterday. look, the dow finished up 311 points. the s&p 500, the nasdaq also ended the day higher. we re going to get a peek into the labor market later this morning with the private sector report on hiring, and the government jobs report comes friday. progress report here, we are still down 5.3 million jobs since february 2020. the global supply chain may be tangled, but trade is surging ahead of the holiday shopping season. you can see the demand in these trade deficit numbers. the u.s. trade deficit hit 73.3 billion in august. ....