joins us from the frankfurt stock exchange the german reaction looks just as dramatic. yes spending you can see here behind me on the docks just after noon when the news came out there was a bit of a shock moment really suddenly phones were ringing shuffling down on the trading floor here and what had happened is the some milano of the italian stock exchange had stopped trading in that suspended trading for a bank stops because they had lost over ten percent at that time at the center it was the bunker c.p.m. the third largest bank in the country that also said it was selling bad loans and more than people were expecting the top performers today in the early are in the negative minus one percent but what are investors freaking out because this deficit deal from what i can see is still below the e.u. rule of three percent of gross domestic product. yes that's true but that doesn't mean it's going to stay there just because the goal is to get two point four percent doesn't mean that the government is actually going to stick to that and stick to that and still on a collisi

that represents the everyday investor and what we found is that the stock exchange, new york stock exchange, nasdaq, were selling high speed data advantages to a group of high speed traders that let them take off from the everyday trader. from our standpoint it's about creating an exchange that leveled the playing field that gave these investors a market that bass actually protecting their interests instead of exploiting them. emily: what do you think the real problem is with yuing technology and high frequency trading? it gives them an edge. >> it's a perfect question because there are good uses of technology in trading and there are bad uses of technology in trading. and so from the good standpoint, you look at people using technology to make markets and provide liquidity. trading correlated products like an e.t.x. versus the underlying stock. on the underside of that you use predatory, trying to front run them. from our standpoint, where we decided to i.e.x. is the idea the exchange itself, selling technology to certain players really made the referee in this particular game very biased

exchange follows similar steps by insurer old mutual. us for aneo joins exclusive interview at 11:30 a.m. u.k. time has said it was spend more than $150 million in canada to support driverless car research. speaking to bloomberg, he also says the company has to demonstrate its path to profitability in what he sees as the multitrillion dollar industry. wenow in urban environments

and stock exchange has certainly taken a beating and government bonds have also shot up. and to the jitters were also felt at the frankfurt stock exchange where our correspondent standing by a poll marketer tumbling the euro is down it is budget certainly causes havoc. yes it's been a bit of a shock moment just after noon you can see here behind me on the docks there was a sharp downturn or for about one point five percent and big question was what was happening. what happened was that in italy at the border some you know italian bank shares were suspended for some time because they had lost more than ten percent at the center of this or the worst of it was bunco c.p.m. which is the third largest bank and had also issued a statement that it had more debt that was previously expected where you have a deficit has has not been taken well by markets last time i checked the. index was at minus four percent bond yields also shot up you mentioned that which means. that it's going to be harder to refinance and indeed as you just mentioned the banks and their shares dropping i mea

outside the frankfurt stock exchange with a very pretty blue bull decides thank you so much. well turkey's central bank is also holding a meeting today in a last ditch effort to hold to the nearest dramatic descent or at least to slow it down the country's currency its value plunged more than forty percent against the dollar this year and analysts say a drastic interest rate hike to twenty percent from the current seventeen percent could keep prices from further skyrocketing the turkish president trichet type add on continues to oppose a further rate hike claiming it would worsen the country's economic problems now turkish regulators have decided to ban all real estate business and foreign currency all transactions will be handled in the new iraq. apple has unveiled its latest smartphone lineup with customary funfair in cupertino california the company says the i phone ten s. and its biggest sibling the i phone ten s. macs are the fastest i phones ever liquid proof and they have the most secure facial authentication technology ever in a smartphone apple is counting on hans an

our financial correspondent done you call past been following the story for us at the frankfurt stock exchange hi daniel it's good to see you now let's head back to the time when oprah was actually sold to post a trend there were many fears that factories or the factory in germany specifically would be closed isn't this what we're seeing right now a really bad sign. well hi there have you know what i can tell you that the open line is that's how they're called here and germany they have a job guarantee actually worth p.s.a. until the year of twenty twenty three but still this news is not creating good spirit among the employees we are her hearing that their work or council now wants to have talks with the management and there could be even more problems for the employees from october on because we're hearing that in the factories of eisenach and also in one of the polish facilities there could be also forced reduced working hours so yeah this fear they are right now is not very good. for the employees but let's take a look at investors because the performance of the company has been b

that have a market cap larger than 44 of the world's largest stock exchanges. >> striking number >> interesting one >> facebook's coo sheryl sandberg and facebook's -- google's ceo jack dorsey are se to deal in front of congress today. sandberg is expected to brand efforts to manipulate the 2016 election as unacceptable she will add that the social media giant was too slow to spot this and to act. sandberg will also, we expect, highlight facebook's move to remove accounts linked to misinformation campaigns and put in place tighter security on that company's platform. >>> dorsey is set to focus on twitter's increased drive to delete accounts for manipulation the number of removed profiles has shot up 200% in the last year dorsey will also cite a decline in the reports of false accounts no senior executives from alphabet are expected to testify. the going parent offered to send its chief legal officer, kent walker, but that was rejected by key lawmakers. >> the management team decided that under the circumstances they wanted to send kent, the senior global affairs person he would have been the ri

he oversees a real estate empire cheering stock exchange investment trust known as [inaudible]. bill famously sold his equity property trust and office space for $39 billion for the 2007 real estate crisis. what does the lc for the real estate market in the economy? in a new rate environment them jointly now. great to have you on the program. >> thank you. maria: let me get your take on where we are in the economy? we spoken in the past and you said you are a seller of commercial real estate and wordy about the pockets but where do you see things today? >> i don't see any reason to really change my viewpoint. i have been one who has been a seller of real estate primarily because i was not a buyer. but every analysis comes down to the day you don't buy you sell and the day you don't sell, you buy. then you say what is it - where do we stand and how are evaluations relative to historic et cetera and i think things are frothy and the benefit is a significant way from the fact that there has been a gift of supply and the drift of supply is shortchanging. we are seeing very significa

woman to ever run the stock exchange so that was a good moment. i really just wanted to get out and be able to invest and build a financial technology company financial technology is on fire. >> why this kind of vehicle? at one point this sort of vehicle was associated with, i don't want to say not reputable but there were question marks surrounding this sort of vehicle simply because there's a lot less disclosure than with other kinds of companies when you list. >> you're absolutely right that's completely changed. there's protection for investors. dave cody just did a spac with goldman, tpg has done three. there's lots and lots of reputable spacs. i partnered with dan lobe and third point in my spac so i have a great stock picker and it's a really good vehicle to be able to quickly and cleanly get capital to a business in need where you can turbocharge growth. >> you made a couple of references to the females in charge why are there so few women leading the charge >> i'm glad you brought that up. there is a ceo named julia who is awesome i thoug

diane king hall is at the new york stock exchange with that and more. good morning, diane. >> good morning, anne-marie. the u.s. and canada continue to try and work out an updated version of the north american free trade agreement, and the trump administration is expected to add a 25% import tax on china today. china says it will retaliate. >>> the dow rose 20 points, the s&p 500 rose 10 points, and the nasdaq slunk 72 points. >>> today they're expected to show employers added 191,000 jobs. now yesterday the labor department reported that 203,000 people applied for jobless benefits last week. that marks the lowest level since december of 1969. >>> ford is recalling some 203 million pickup trucks because of a possible fire with seatbelts between 2015 and 2018. ford says it knows of 17 incidents involving seatbelt pretensioners. the system works in tandem with airbags and involves an skploes everybody charge that locks seatbelts in place. there have been nearly two dozen reports of smoke or fire. >>> a hacker broke into the british airways website last mo

. >>> we have traders standing by at the new york stock exchange. timothy anderson, on the floor of the new york stock exchange, the story is apple. you saw a lot of chinese component suppliers falling overnight in asia. this is just a continuation of the same story. >> look, apple consumers have really shown almost no resistance to rising prices throughout apple's huge market share dominance it has had over the last ten years. i would be very surprised if it got to the point where there were some tariffs on some apple products, if that really stopped people from buying the next rollout of new phones. trish: we have to see. depends what kind of money we are talking about. you already have a $1,000 phone. phil flynn, another thing on the minds of everybody is the potential of new chinese tariffs, talking about $267 billion in new tariffs. that's still in the back of the story here. >> i think it is. i think today, there is a report that china is actually trying to meet with u.s. wall street executives to try to talk some sense, have them talk some se

diane king hall at the new york stock exchange. thanks a lot. >> thank you, anne-marie. >>> still to come, an update on one of drake's biggest fans. we will check on sophia a month after she received a heart transplant. >> oh my god! on sophia a month after she received a heart transplante. >> oh my god! our mission is to provide complete, balanced nutrition... for strength and energy! whoo-hoo! great-tasting ensure. with nine grams of protein and twenty-six vitamins and minerals. ensure. now up to 30 grams of protein for strength and energy! your hair is so soft! did you use head and shoulders two in one? i did mom. wanna try it? yes. it intensely moisturizes your hair and scalp and keeps you flake free. manolo? look at my soft hair. i should be in the shot now too. try head and shoulders two in one. but she says 9- 1-1 put her on hold for nearly half an hour. plus: president trump praises his embattled supreme court nominee. the president's words of support and when we might hear from the woman who accuses judge kavanaugh of sexu

now here in europe at the melanne stock exchange lost over four percent on friday as investors were spooked about italy's financial future earlier at the populist government and rome had presented budget plans. that would boost the country's deficit triggering the e.u. commission's warning to rein in public spending italy is already sitting on the highest mountain of debt among economies. it's the story in the italian press the populist coalition government plans to boost spending next year running up more debt italy already owes more than any other member of the european union this plan is the budget of the people cancelling poverty means that there are many citizens entrepreneurs' people who work below the poverty level these tax payers will now pay less increasing our deficit to two point four percent of gross domestic product will do a lot for the dignity of people and the wealth of italian families. the government has earmarked ten billion euros to introduce a universal basic income pensions are to go up but the age at which they begin will go down businesses will pay less with a flat

the mainland stock exchange has certainly taken a beating and government bonds have also shot up. tracking the story from the stock exchange i asked him if the german reaction was just as dramatic. yes spend you can see here behind me on the docks just after noon when the news came out there was a bit of a shock moment really suddenly phones were ringing shuffling down on the trading floor here and what had happened is the milano of the italian stock exchange had stopped trading and that suspended trading for a bank stops because they had lost over ten percent at that time at the center it was the bunker c.p.m. the third largest bank in the country. also said it was selling bad loans and more than people were expecting the top performers to date in the early are in the negative minus one percent. tesla shares have taken a huge tumble the u.s. securities and exchange commission accusing chief executive the long musk of fraud yes he says musk knew or was reckless and not knowing that he was misleading investors it all started with the tweet i'm considering taking tests not private a

diane king hall is at the new york stock exchange with that and more. good morning, diane. >> good morning. the trump administration has reportedly invited chinese officials to a new round of trade talks. the u.s. is preparing to impose tariffs on $200 billion worth of chinese goods. according to "wall street journal," treasury secretary steven mnuchin issued the invitation for talks in the coming weeks. the american chamber of commerce and shanghai say two-thirds of companies in china say they've been hurt by the tariff war. >>> worries about the trump administration's trade policy prompted some businesses to hold off or scale back capital investment plans. in its latest survey of business conditions across the country, the federal reserve found most remain optimistic about the company, but as trump administration policies are pushing costs higher for manufactured goods. >>> stocks finished mixed yesterday, the dow rose 27 points. the s&p 500 added a point while the tech and nasdaq off 18. >>> the u.s. has appeared to reclaim the title of top global oi

the new york stock exchange are selling the data frequency traders not the brokerages so they're to exchanges were involved in this massive corruption but what robin hood is saying is that we can make it even more efficient by becoming a brokerage and buying gaging in this corrupt activity and by curing alayne see a problem and by stealing from our customers because as they say if the service is free you are the product exactly it's interesting that the data from these millennialist is worth ten times as much as what other brokerages are able to sell to high frequency traders so perhaps it's because. their. execution of trades is free so there's more volume and more front running ability to scalp all of these you know millennial is trading on the likes to tell ray because a lot of these millenniums most investors will invest in things they know if they know apple and they don't own a samsung phone now they'll tend to buy apple shares rather than samsung my guess is the premium is tied to speed because of the high frequency trading game it's all about speed look at goldman's could fi

the mainland stock exchange has certainly taken a beating and government bonds have also shot up. beating has been. joins us from. update us on the situation. yeah it got a whole lot worse actually banking stops the stocks didn't just drop five percent may dropped down all the way to ten per cent at which point trading on the mainland it was suspended for these shares and you can see are the result of that also behind me the dax suffered minus one point five percent and it didn't recover all day neither did. it tell you. index well that's it is this the next euro crisis. it is italy is considered by many analysts the top threat for the european economy however let's say this is a warning shot they're not seeing the crisis go full on just yet if italy can stay within that three percent deficit limited by the e.u. and if it can continue its moderate growth which of course is more difficult if you have to refinance your debt and that's more difficult now who exactly is a heap more debt based on a heap more spending what's brussels will do about that. brussels of course isn't happy ab

diane king hall is at the new york stock exchange with that and more. good morning, diane. >> as expected, china retaliated after the trump administration levied a new round of tariffs on chinese imports. this morning, china's premier said unilateral trade actions will not solve any trade issues. china said it will levy taxes on about $60 billion worth of u goods including coffee, honey and industrial chemicals. that fold word that the u.s. would impose new tariffs of of 10% on some 2-billion dollars worth of chinese goods beginning september 24th. that rate would increase to 25%. stock finished broadly higher led by gapes in tech and consumer focus companies. the dow rallied 180 points. s&p added 15. the nasdaq gained 16. >>> shares of tesla dropped 3.4% after word the justice department is investigating elon musk's public statements about taking the company private. the electric carmaker says the issue should be quickly resolved. funding for a deal that wvae72 . tesla stock rose on the news at the time. two weeks later musk dropped the plan. since the

diane king hall speaking the truth at the new york stock exchange. thank you so much. >> thank you. >>> still ahead, two lucky fans of beyonce and jay-z get a life-changing surprise at a concert. how the music superstars made a huge investment in their futures. scores a new deal with nike. the message behind this ad featuring the former player. plus: the senate confirmation hearing for supreme court nominee brett kavanaugh begins this morning. why at least one senator wants a delayed start. and: louisiana's coast bracing for impact as tropical storm gordon is supposed to turn into a hurricane before landfall. join us for kpix 5 news this morning... beginning at 4:30. good morning. it's tuesday september fourth. i'm kenny choi. >>> here's a look at today's forecast in some cities around the country. >>> a shocker at the u.s. open tennis tournament. second seeded roger federer is looking slow and tired on a sweltering night in new york city, federer lost in four sets to 55th ranked australian john millman. federer double faulted ten times. former presi

diane king hall is at the new york stock exchange with that and more. good morning, diane. >> good morning, anne-marie. president trump says talks between the united states and canada to reach a new trade deal are intense. the two sides worked late into last night, but mr. trump claims if the talks don't work out, the united states doesn't have much to lose. canada relies on the u.s. to buy about 75% of its imports. lweek mexico reached a preliminary deal to replace the north american free trade agreement. >>> congressional testimony by facebook and twitter executives sent tech shares lower yesterday. twitter fell over 6%. facebook lost over 2% of its value. companies like amazon and netflix also lost ground, but overall stocks finished mixed yesterday. the dow gained 22 points, the s&p 500 lost 8 points, and the nasdaq tumbled 96 points. >>> the department of justice is reportedly ready to approve two giant health care mergers. one is a $69 billion deal between the pharmacy chain cvs and the insurance company aetna. the other is between the pharmacy ma

and all financial correspondent otis's box is with us now at the front but stock exchange and what he said german exports were in dymov but also we saw that increase in imports to the country so that's got to be good news for the countries trade balance. that's right and it's good news for germans if you will because behind this increase in import is a very very solid labor market with lots of firms looking for qualified personnel and not finding them employment that is the number of people employed in germany is at a record since reunification and because jobs are in demand in the economy is going on exports are going. the incomes of people are having are increasing and so they're spending germany used to be known as a country full of very stingy consumerism but that's changed and you can see it in the numbers and it's of course good in diffusing criticism from the e.u. commission or from the international monetary fund or from trading partners like the united states that germany is not doing enough to play its role in the world economy. it's exporting too much and consuming too litt

and we can bring in now our financial correspondent at the frankfurt stock exchange really is this news about b.m.w. having an effect on the market. not generally i don't think and not specifically for being w. the car shares are going down that's mainly on fears that the trade issues will escalate in north america the issue of canada joining us in mexico deal but especially the question of tariffs between the u.s. and the e.u. apparently not going to be easing but you know it is having an effect on the image of b.m.w. the shares going down not because of that but people see this story and i think the story that b.m.w. is presenting there is more harmful than the event itself nobody i've talked to in the building behind me where the chamber of industry and commerce sits in the stock market is believes that it was a glitch that it was an accident that the software somehow found its way into two of the largest heaviest and most polluting vehicles that b.m.w. produces pretty votes talking about reputational damage image damage the eyes of the wold have been on it can it on the rest that al

anne-marie. >> diane king hall at the new york stock exchange. thanks a lot, diane. >> thank you. >>> still to come, new details on a near collision. investigators reveal just how close a passenger plane came to hitting other jetliners. ing other jet liners. like vermont white cheddar. then... add bacon, bbq chicken, or baja blend. catering and delivery now available. panera. food as it should be. iwomen's tops - $14.99st prices of the season! family shoes - $39.99 and under the big one bath towel or pillow - $2.99! plus - get $5 kohl's cash for every $25 spent! it's the lowest prices of the season! at kohl's! a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave. ♪ add-on advantage. discounted hotel rates when you add on to your trip. only when you book with expedia. before heading into the city.. and how to get around during the morning commute. p

diane king hall is at the new york stock exchange with that and more. good morning, diane. >> reporter: good morning, anne-marie. this morning china said it's hard to negotiate a trade deal when the united states is, quote, holding a knife to its neck. when asked when trade talks can restart completely, a chinese official said it depends on the will of the u.s. >>> stocks on wall street were mixed yesterday. industrials and banks suffered some of the worst losses. in the end the dow fell 181 points. the s&p 500 lost 10, while the nasdaq gained 6. >>> the two-day federal reserve board of governors meeting begins today. the fed is expected to announce the third interest rate hike this year. the potential that the growing trade dispute may slow the economy may force the fed to slow the schedule of rate hikes. >>> employers who offer family medical leave to workers earning up to $72,000 a year are eligible for tax credits under the new tax law. the tax credits available to employers for leave paid this year and next as part of the $1.5 trillion tax cut deal

from the front the stock exchange thank you so much. and as we had earlier turkish president wretch uptight adlon is in berlin political relations between germany and strained but with tech economy struggling uncorrupt cannot afford to spur old friends despite political tensions business ties between berlin and grow remain stable on many levels. think raced through the countryside it more than three hundred kilometers an hour high speed trains made by siemens are already running on tracks in turkey siemens manager misha cup is hoping for more orders according to media reports on korea wants german support in setting up a high speed rail network worth thirty five billion euros so far no decision has been made that the latest siemens the laro model could play a part. in twenty thirteen we got an order to deliver seven high speed valero type trains you to do three hundred kilometers an hour between uncorrupt kanya and discussion here. in april of this year we got a follow up order for ten more of these drains the bike and they're under con

exchange joins us now daniel tell us more. yeah exactly gadd well we are talking about cell phone coverage here inside of germany and cell phone coverage and germany is indeed a very sad topic i don't want to sound like a complainer but even here inside of the frankfurt stock exchange germany's financial have we don't even have a working cell phone network and when you leave the city and you go for example on a train or too many rural areas in many areas you won't have a network at all so now there is to this discussion of all the five g. and network that could be established here in the next two years in germany and now we are you learning from the head of the german chancellor ear that it's completely not realistic to have a working five g. network in pretty much the entire country because they are saying that this could become too expensive and this is really a shame when you compare germany true other countries i was just recently in thailand i was amazed in the northern part of the country how well the cell phone system i

exchange thank you very much for the insight. the migration situation in europe was high on the agenda at the e.u. leaders summit in australia thursday that we covered here on the w. the big challenge is how can the millions of migrants who have arrived here or be integrated into european societies most experts agree the key is to get them into work and quickly very often small businesses are leading the way in their fields because they are having trouble filling vacancies as our example from bavaria shows . driving large amounts of beer around that's not mean seventies main job. he's employed by the hallowed brewery. i'm so proud about. abuse because of big news from the knowledge they how to walk. easy and deploy bitch or so are so kind to me yeah sure friendly to me too got fried ham they hired him three years ago he needed people for simple unskilled labor. is out of that i mean seventy seventy has been working for the company since march of twenty fifteen is a good worker after him we hired three more refugees german classes

bringing down the a call from the frankfurt stock exchange diet just two months ago you and i discussed p.s.a. the french owner of the announcing an operating profit or pool of five hundred million euros for the first half of this year the first profit in twenty years and now this. yeah exactly they are again in trouble in this situation that we are having there right now is actually not the first time that this is happening already in the past three years over the last that's how their culture work on force reduced working hours that could now also happen from october again even though most of the jobs are secured until twenty twenty three there's a lot of pressure and yes you are right it was quite surprising when we got the report some weeks ago that the carmaker was for the first time a little three. years in the winning zone we have to remember that opel had certain restrictions under the ownership off of g.m. with which countries it could do business with that's with peers a the new owner not anymore the case but still it's not clear what all of this is going to mean and which rol

to a western hemisphere we've got the brazilian bairstow the brazilian stock exchange up this week on their index and colombia is actually down on this week and then up in the u.s. trading in new york of course the dow jones industrial average down on the week and nasdaq of course the tech heavy nasdaq that's up on the week that's your global market wrap up stick around because when we return danielle shea from simpler trading joins us to discuss if it's too late for investors to get in these expanding markets and we look at the big business associated with golf writer cup which is taking place and france and here are those daily numbers at the closing bell we're back in a flash. no you don't accept the suit just a little dust on the right to be a little bit it's. a little challenging. and i almost thought i could love me it. was somebody how does know it's a mask you never know what's happening and whether they're shooting whether to. mistrust the tibetans are. sad. just because of the new but i'm a because that would be the only one that's been in the muslims all these clear when th

to a western hemisphere we've got the brazilian bairstow the brazilian stock exchange up this week on their index and colombia is actually down on this week and then up in the u.s. trading in new york of course the dow jones industrial average down on the week and nasdaq of course the tech heavy nasdaq that's up on the week that's your global market wrap up stick around because when we return danielle shay from simpler trading joins us to discuss if it's too late for investors to get in these expanding markets and we look at the big business associated with golf writer cup which is taking place and france and here are those daily numbers at the closing bell we back in a flash. try to control the european banking system remember them post back that said every single european bank had a record of every single customer every single transaction specially what's with the us dollar and the us as opposed to our u.s. dollar based germany all over the world now european nations in the nation's are saying that we're not going to be a part of the some clarity more because we need the box we need

prospectus to the hong kong stock exchange detailing all the information on the company as it looks to go public but it's not as easy as one might think they overestimated the demand for crypto mining equipment in twenty eight team once volatility hit the crypto the crypto market the orders for crypto mining equipment dropped that hasn't deterred the company however as they have also announced their latest mining which they say will increase mining efficiency. and we now move to consider if it's too late to start investing given the two year rise in many markets here to give us the assistance of the director of options and trader specialist at simpler trading danielle shay danielle welcome we're so pleased to have you with us thank you so much for having me so i mean we've seen these markets go sort of gangbusters out everywhere but it in the us certainly in a lot of those in europe for the last couple of years but is now a time when a new investor could still get into the market and be safe not lose their shirts. absolutely i mean i think it's a great time to be an investor personally

we have traders at the new york stock exchange and cme group. at the stock exchange, matt. at the cme, chris and scott, gentlemen, good to see you today. >> how are you? >> good to be here. >> matt, to you first. are we in a new normal type of environment right now where we get record high after record high despite higher interest rates and despite a potential trade war? >> as long as the market goes up it's the new normal. that's what everyone talks about. everything is good when it goes up. you know, right now the economy's doing well. this is the place to put your money, not in bonds or emerging markets quite yet. that's why this is the new normal. until that changes, and it could change as we get to midterm elections, it could change toward the end of the year where we start to see some of the portfolios adjust to maybe some more risk for some more reward, and maybe emerging markets start to see money flowing their way. >> we will have you again to talk about emerging markets in just a bit but chris, as we are seeing today once again, you don't need to hold big tech to

and buson and today out site the very bullish front foot stock exchange can probably tell us whether those talks between the u.s. and china are a sign of hope for the markets. sure money every little indication that the u.s. administration not only tweets but also is getting ready to do serious government business is a sign of hope quite obviously all the lobbying off american businesses has had some impact on the trump administration only yesterday sixty u.s. industry groups formed a coalition called americans for free trade and this is a coalition of course wants to influence donald trump and his administration to change course today the american chambers of commerce in china came out with a survey describing how much of an impact the tariffs and the trade policies already have had on their business so obviously the pressure is up and also hopes are rising well talking of pressure and hopes later today the hear a pin central bank will need to and i'm sure that that will keep traders to what's the euro doing well the euro at the moment is trading at around about one dollar sixteen a

put a little but lower here on the new york stock exchange. as you see that the us economy is getting a little bit stronger, there is this sense that we should pull our money out of these emerging markets and go somewhere safer. that said, idid markets and go somewhere safer. that said, i did have time to speak with some of my contacts here on the floor at the new york stock exchange. you know, reintroduce myself, and one trader was actually saying that he has more fierce looking forward towards a potential recession, that we saw something like this happen before. it might not happen six months here were two yea rs, not happen six months here were two years, but he really expects something big to sort of happened in the coming years. a report now on a group of entrepreneurs in brazil who decided to create a cheaper alternative to the existing private we spent two and a half years with only one medical centre inside the largest area of sao paulo. our idea was, let's go to the hardest area, make and model work there because if it works there com

ashley webster live on the floor of the new york stock exchange. ash, thank you so much. >>> again, let's look at your markets. what a day. what trade war? what trade worries? the dow's up 173 right now. it's like a repeat of yesterday. nasdaq is actually down, there's some pressure on the bigger technology company that is we follow. coming up next, president trump is touring the carolinas, we just showed you that briefing that he was with officials, but businesses are still struggling, really struggling to recover from the destruction of this hurricane. before the storm, you may remember this, jeff flock was with the owner of the anchor draft house as he was feverish orally trying to prepare for florence. well, we now know what happened to him and his restaurant. in atlantic beach, north carolina. we're going to take you there next. ♪ ♪ hey guys. today we're here to talk about trucks. i love trucks. what the heck is that?! whoa! what truck brand comes from the family of the most dependable, longest-lasting full-size pickups on the road? i thin

exchange yes thank you so much. germany is seeking to rein and us in a giants like google and facebook reforms to the country's competition law would strengthen the authority of his regulators to prevent u.s. internet platforms from becoming monopolies germany's economics minister paid altmire said the initiative will make competition law more effective and prevent the abuse of market power in future companies like google or facebook would no longer be allowed to prevent business partners from working with its competitors the proposed legislation is also designed to stop big players from buying smaller rivals just to shut them down. shortly executives in silicon valley will be watching this development closely especially if a company has risen to become such a market dominating force like google twenty years ago a pair of ph d. students working out of the proverbial garage wanted to make internet searches better google's ambitions were courageous delivering the world's information to anyone with internet access but

our financial correspondent at the new york stock exchange so fishman's he is ready to give us the view from wall street now sophie we've been talking about these tariffs for a long time now and as they seem to pile up can we ask the question again just how much are american businesses going to suffer this time. well farmers for example are being targeted in a way that is an extension of threat to their business especially soybean farmers they have sold more than twelve billion dollars worth of soybeans to china last year and they have spoken out repeatedly about the threat to their livelihoods farmers suffering economic consequences from the trade wars will get up to four point seven billion dollars in government payments starting this month and the biggest chunk of that money is going to soybean partners so we also have many other sectors being negatively impacted especially sectors being connected to chinese suppliers via the global supply chains we just heard the first one that comes to mind are auto makers the newest sanctions are expected to hit a range of fodder were elated impor

exchange aston martin says the i.p.o. will go ahead with or without bret's it and that it has stockpiled engines and components but restrictions on the free movement of goods could affect supply chains costs and because. that's all for this edition of the double business thanks for watching and i'll see you next time take care and bye. cut. cut cut cut. cut. cut. cut. cut cut. cut. cut cut cut. cut cut. cut. cut cut. cut. cut cut. your link to lose from africa the world join us on facebook t.w. africa. the real talent resides. i come from the loss of people in fact more than a billion future blood launches democracy. that's one reason why i'm passionate about people and aspirations and they can send. the money to finishing the book is try checking the names to the floor of the sun in one hand member thinking of the time from the sublime in bold can forward to the past and to see people come together and unite for the fall. but i do the news i often confront a difficult situations more conflict between does someone stand h

contribution is following this case closely from the very first stock exchange conrad what is the likelihood of an avalanche of lawsuits as we heard there. or you know been at the moment roughly four thousand shareholders of fox who are have filed lawsuits in various german courts among them hundreds of individuals fewer than half of those are now at issue in the court hearings that started today and this trial of course will set a precedent for the other cases if only a few of those claims are considered to be legitimate by the court of course this would encourage all of the other plaintiffs to proceed with their court cases i don't know whether this would be an avalanche it would sure be a big problem and one that can last very long and expensive one what about the judge's comments though that the most of the claims come too late. you know in this case now the plaintiff's claim that the folks must have known years before diesel gate about the fact that those emissions systems don't work we're talking about the years two thousand and eight to two thousand and twelve that's long before diese