u.s. government is now trying to call investor jitters. here on wall street traders cheered retail giant wal-mart strong quarterly earnings the figures columns nerves on the floor they show us consumer demand is strong despite the trade war with china the trumpet ministration lost no time issuing a statement assuring that the u.s. economy is healthy. i think on the economy. weak right now i think we are in a band i'm in a very comfortable environment in which we have 3.7 percent unemployment the lowest it's been 50 years we have. record on a low unemployment for african-americans record low for his back americans real disposable income in the last 24 months for households increased $5000.00 the consumer in america is strong in europe however stocks were down following the previous day's wall street losses here investors were also reacting to bad figures from europe's economic powerhouse germany g.d.p. they're contracted 0 point. one percent in the 2nd quarter the r. word is now doing the rounds recession many fear the export oriented german economy is being d

u.s. wall street indexes. after positive retail figures take the edge off a steady stream of bad news so as the global recession called off not quite. and is the farm coming to the big city we'll take you to a growing operation in the big apple. this is your business report. i'm stephen beers in berlin thanks for joining us another day on wall street another volatile session markets ultimately ending in positive territory today after solid u.s. retail numbers suggest that american consumption remains strong and that followed the worst day of the year for stocks with both the dow and nasdaq losing 3 percent wednesday on new recession worries the ups and downs of the markets are not going unnoticed u.s. government is now trying to call investor jitters. here on wall street traders cheered retail giant wal-mart strong quarterly earnings the figures columns nerves on the floor they show us consumer demand is strong despite the trade war with china the trumpet ministration lost no time issuing the statement assurin

u.s. and after the market closed here on wall street u.s. president donald trump announced that he just going to increase tariffs on chinese imports and investors on wall street clearly got to call it on the wrong foot and then specially shortly before the weekend nobody really wanted to have too much risk in the market before the weekend and we saw quite a sell off here on wall street at some point to. dove by about 800 points by the end of the day blue chips were off by a good 600 points and that marks the 4th consecutive week of the losses here on wall street a fast moving story right before the weekend we can all relate but stick around yes because there's more to get through and to another target of trump's ayer u.s. federal reserve chairman jerome powell has been under pressure from the president to slash the interest rate soon a powell has given little and the occasion of any change to interest rate policy in his speech to the u.s. central banks and all gathering in jackson hole wyoming here he is walking with the outgoing bank of engl

u.s. and after the market closed here on wall street u.s. president donald trump announced that he is going to increase tariffs on chinese imports and investors on wall street clearly got to call it on the wrong foot and then specially shortly before the weekend nobody really wanted to have too much risk in the market before the weekend and we saw quite a sell off here on wall street at some point. by about 800 points by the end of the day blue chips were off by a good 600 points and that marks the 4th consecutive week of losses here on wall street. a fast moving story right before the weekend we can all relate but stick around because there's more to get through and to another target of trump's ayer us federal reserve chairman jerome powell has been under pressure from the president to slash the interest rate soon apollo has given little and the occasion of any change to interest rate policy in his speech to the u.s. central banks will gathering in jackson hole wyoming here he is walking with outgoing bank of england governor mark carney aft

u.s. agriculture products leave. a fellow if the joins us now from wall street louise analysts are describing these developments as perhaps the most aggressive phase yet in the trade war between the u.s. and china what's the fundamental long investors are there on wall street. investors are nervous you know since i d's episode has a lot of similarities with the one that we leave in august 2015 by dan after a good 1st half of the european allies not picking up late cycle signs with central banks said too easy to boost growth and more importantly chinese a slowdown led to an abrupt devaluation of the chinese a currency that sent all across our global markets and especially emerging ones that said something best to point out that the chinese authorities now have a much better handle on capital outflows back in 2015 and have been holding back mainly to to avoid the railing those trade negotiations by those trump announced new charges last week devaluation seems to be a short term upturn it is not as a symbol for a long time though since it makes a chinese imports more expensive take a toll on current countries consumers and i

u.s. president donald trump was silent for 2 days and was into trading days here on wall street blue chips went up by almost 600 points and scored in new york thank you. u.s. prosecutors are investigating new instances of alleged technology fast by chinese tech company huawei that's according to the wall street journal and the investigation would fit the narrative of president trump who claims that the country is safer without huawei the concern is focused on america's next generation of high speed internet networks the chinese tech giant is the leader in 5 g. and there's only a handful of tournaments. as mobile providers for a pair to roll out 5 g. across the united states the u.s. government says it's protecting americans that's why it's keeping tight controls on which technology firms are involved in setting up the networks. the lucky trio deemed fit for the job as sweden's ericsson which announced earlier this year it plans to build what it calls a 5 g. factory in the u.s. finland's nakia which is already providing technology for networks in l.a. and new york city and samsung headquart

u.s. continues to take its toll >>> wall street gears up for a positive start after u.s.tocks close in the green, but log their third negative week in a row while the trump administration seeks to calm recession fears. >> i sure don't see a recession despite a lot of worries if it's a volatile stock market. most economists on wall street had been marking up their forecast for the third and fourth quarter >>> and hong kong prepares for more massive protests after millions brave the rain in a peaceful rally for the 11th-straight weekend of pro-democracy demonstrations in the chinese territory. >>> well, good morning, everybody. as you can see, there is already quite a lot of green on the board behind me, but first i want to take you to some european news that the german finance minister says berlin has the capacity to launch fiscal stimulus worth 50 billion euros in the event of an economic crisis now concerns of a slow down in europe have grown after weak economic data across the continent. now on friday, the german magazine reported berlin could take on new debt to counte

u.s. president donald trump's trade war with china is taking a toll on wall street the u.s. markets are down again this wednesday as investors remain nervous some surprise interest rate cuts in asia earlier in the day did not help meanwhile investors are looking for a safe haven and have driven the price of gold to a 6 year high. india the country where gold prices have soared to an all time high it was one of 3 countries to take markets by surprise on wednesday the indian central bank cut its benchmark rate by 35 basis points more than analysts expected . but india wasn't the only surprise for investors thailand's central bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u.s. china trade war is taking its toll and central bankers are trying their best to avert recessions cutting interest rates makes money cheaper to borrow and that generally boost spending where economic activity may be stoli. some

u.s. consumer thank you louise the hearo there on wall street for us. and speaking again of chinese money namibia has inaugurated a new port terminal financed by china the southern african nation is hoping to see a surge in trade and tourism. a slight he has done maybe as president unveiled a new container terminal but it was smiles all round as the $200000000.00 facility . was finally over. the terminal constructed by beijing state owned china engineering company will more than double the ports handling capacity bring it up to $750000.00 containers a year. oh it is. blue . so we're not. going to let you. do that. oh you. know what you mean. with. zambia angola the democratic republic of congo botswana and zimbabwe are among the main landlocked countries which the ports constructors say will benefit and chinese exporters are lining up to exploit the new markets the new port has a dedicated cruise line of birth which should help to boost snow maybe as tourist industry africa is the fastest growing tourist destination for the chinese numbers increasing 70

u.s. president donald trump was silent for 2 days and was into trading days here on wall street blue chips went up by almost 600 points and scored in new york thank you. u.s. prosecutors are investigating new instances of alleged technology by chinese tech company huawei that's according to the wall street journal and the investigation would fit the narrative of president trump who claims that the country is safer without huawei the concern is focused on america's next generation of high speed internet networks the.

u.s. investors on wall street really took the sign from china devaluing its currency as an escalation in that war between the united states and china. it is a trade war that hasgoeen g on for over a year now. there really doesn't seem to be any sort of trade deal in sight. that has investors really rried in terms of what that will mean for the overall u.s. economy. laura: what happens nore just moolatility? samira: well, that of course is the big question. there are some people that believe that after these types of dramatic falls, u.s. financial markets experienced a sort of pop. at would be the optimistic view. the pessimistic view would be that we will see even further p dramatls on financial markets, especially if we see any retaliation from either ther chineshe americans. by remember, it really is in the that but-- but remember, it really is in the best interest of both countries, both economies, to find some sort of resolution to this t dispute. and ultimately, i think what a lot of people on wall street are hoping is that cooler heads will prevail. laura: with all of these market gyrat

u.s. futures predict wall street will see further gains during the u.s. the chinese commerce ministry commented it opposes an escalation in the u.s.-china trade spat and they are willing to resolve the issue with a calm attitude. offering upbeat comments about the relations been beijing and washington. that is providing a boost in sentiment across the globe. we did see the dollar drop yesterday and wait to see what comes next during the brexit developments. it's not just the uk during the political storm, italy also front and center. just about an hour ago, the former prime minister was reinstated to lead the government forward. a bit of relief for italian assets as well. a lot to digest for investors but looks like a positive day. >> we will see what happens when they ape up a little bit. >> can i ask you antidotally speaking, i found it fascinating queen elizabeth stepped into this. we were reading about all the criticism, has there been criticism of the queen herself for getting involved and saying go ahead, shut down parliament for these weeks? >> it'

u.s. president paul trump but they pleaded for them to be removed. i was being an amen on wall street scored against the u.s. footwear industry is pushing for a last minute change of heart by the president thomas moore. it's not just the footwear company it's all a coalition of more than $160.00 companies footwear companies like us for example among them and they're trying to play the u.s. president to donald trump to at least to delay the terrorists all that we won't to jeopardize the upcoming holiday shopping season if i got that correctly so far the white house does not seem to be willing to really do this deal a but then again everything seems possible but the clock certainly is ticking and as we know right now we probably will see at least i'm some more terror of being imposed by this upcoming weekend now despite these looming terrorists wall street was quite upbeat on wednesday how come well that is the big question and to traders see on the floor of the new york stock exchange are a bit puzzled because we did get some clear warning sides of a possible cooling of the u.s. econom

u.s. women's soccer team. the wall street journal reports mediation talks between the u.s. women's soccer team and the u.s. soccer federation over equal pay ended without an agreement. in march the team sued the federation for alleged unequal pay and treatment compared to the men's team. last month you may remember the women's team won it's second consecutive world cup. the case could go to trial next year. the new york times says scientists have discovered a new cure for the deadliest strain of tuberculosis. they approved a new medicine for use with two other antibiotics. it cured about 90% of patients with very drug resistant tb. it's the world's leading infectious cause of death. the treatment needs approval from the world health organization, though. cbs san francisco station kpix says the california department of transportation is using a high-tech lane striping machine. the equipment sprays a special thermo plastic material. it's easier to see for humans and remote sensors. >> the stripes are wider and they're wider and they also help guide those autonomous vehicles.

u.s. goods. wall street reacting. it's not happy as you can see there. stay with cnn.oin. bring in your discount, and we'll match it. that's right. t-mobile will match your discount. they give us excellent customer otservice, every time.e. our 18 year old was in an accident. usaa took care of her car rental, and getting her car towed. all i had to take care of was making sure that my daughter was ok. if i met another veteran, and they were with another insurance company, i would tell them, you need to join usaa because they have better rates, and better service. we're the gomez family... we're the rivera family... we're the kirby family, and we are usaa members for life. get your auto insurance quote today. mno kidding.rd. but moving your internet and tv? that's easy. easy?! easy? easy. because now xfinity lets you transfer your service online in just about a minute with a few simple steps. really? really. that was easy. yup. plus, with two-hour appointment windows, it's all on your schedule. awesome. now all you have to do is move...that thing. [ sigh ] introducing an

wall street journal says u.s. officials will meet sajid representatives in washington on the way to state it's part of the push to convince the saudis to broker a cease fire in yemen and u.s. federal judge has brought to new abortion law in the state of missouri pending a legal challenge by pool boy activists who say it's unconstitutional you know it was due to come into effect on what state you're up to date those are your headlines the news continues here after hail the algorithm. think of some of the biggest companies in the world today there's google amazon microsoft facebook we checked all of them big tech with algorithms at that one more than just uses all customers will these businesses would generate is a dot and they need us to like them for them to be indispensable because the more that we use them the more data we produce and where in the midst of a great race for dot and big tech companies are on the chase. for the past 3 years academics nicole dri and a mrs may he is have been investigating a phenomen

u.s. goods. >>> wall street is looking to end this week on a high note and snap a three-week losing streak. a busy day could be ahead as investors will be focused on a key speech later this morning from fed chairman jay powell, when he delivers his remarks on the economy. >>> on today's watch list, the government will release a report on new home sales for july. >>> gookle is shutting down more than 200 youtube channels relating to the protest in hong kong. the company is saying it found the channels tied to the spread of misinformation in a coordinated manner about those protests. this comes just a few days after twitter and facebook announced they would suspend 1,000 accounts linked to a state-backed campaign originating from inside of china. >>> and u.s. toymaker hasbro is making a $4 billion purchase, the company is buying uk-based media company entertainment one. the owner of "peppa pig" the popular series. the deal would add to hasbro's toy portfolio, it includes the brands my little pony, transformers and play-doh. me and marcus are going to spare anybody our transformers duet this t

u.s. corporations and started there on wall street for us thank you very much. flying is a dirty business literally the environmental impact of flights is huge german chancellor angela merkel told an inaugural national aviation conference in the city of life say that germany should be a world leader in climate friendly aviation. the heavy hitters from the german government arrive by helicopter that had more to do with speed than the environment but the environment was the order of the day and leipsic angela merkel made it clear that climate friendly aviation can be a competitive advantage then via noise if we invest in new technologies in focus on modern aircraft with low noise levels and low emission engines the aviation industry can accept it and demand in competitiveness can be security. one policy the german government wants to promote is the use of hydrogen powered aircraft the opposition green party is calling for higher taxes on jet fuel but the industry sees threats to its competitiveness. there's a view it's important that the german aviation industry c

u.s. president donald trump was silent for 2 days and was into trading days here on wall street went up by almost 600 points and scored in new york thank you. u.s. prosecutors are investigating new instances of alleged technologies that buy chinese tech company huawei that's according to the wall street journal and the investigation would fit the narrative of president trump who claims that the country is safer without huawei the concern is focused on america's next generation of high speed internet networks the chinese tech giant is the leader in 5 g. and there's only a handful of turn of its. as mobile providers for a pair to roll out 5 g. across the united states the u.s. government says it's protecting americans that's why it's keeping tight controls on which technology firms are involved in setting up the networks. the lucky trio deemed fit for the job as sweden's ericsson which announced earlier this year it plans to build what it calls a 5 g. factory in the u.s. finland's nakia which is already providing technology for networks in l.a. and new york city and samsung headquartered in

u.s. trade representative robert lighthizer says they removed from the last trade deal. "wall street journal" also now reporting that u.s. prosecutors are going after huawei again for different intellectual property thefts. one of the cases, "the wall street journal" is reporting on that stealing camera technology from a portuguese company. now these are new charges, new allegations that "the wall street journal" is reporting on. it shows u.s. prosecutors still going after the chinese company on national security concerns. back to you guys. connell: edward, thanks. edward lawrence at the white house. gerri willis is next up on the floor of the new york stock exchange. great day, obviously, gerri for stocks. what type of vibe did we pick up on the floor? reporter: this is great stuff. everybody is talking about the china comments you mentioned before. companies like intel, caterpillar, doing better. why? because they rely on china for a lot of sales. they are higher today doing very well indeed. jpmorgan chase i want to mention before i go to other stocks. financials doing better as a

u.s. economy strong as wall street warns europe is heading to a recession. this as president trump says to europe, take back your isis prisoners the u.s. captured. they came from your country. if you don't, we'll release them into your country. whose in, who's out. you will say good-bye to half the field. this as polls show the enthusiasm gap is growing for the 2020 democrats. "the washington post" attacking kamala harris spotlighting her flip-flops. bernie sanders trying to jump-start his campaign with a green new deal that will government you $16 trillion that he claims will pay for itself. plus the debate how bernie sanders leaves out the worst of polluting offenders worldwide. we reported this to you first. now the media follows. outrage over no indictments of employers who hire illegal immigrant workers in mississippi. we have new details with court documents. and we have new and stunning numbers, surprising numbers from the governments on how big illegal immigrant crime this this country. federal arrests much illegals tripling in 20 years. and stunning

in berlin good to have you with us asia in the stocks are down today tracking losses on wall street after the u.s. federal reserve cut interest rates a quarter percentage point to shore up the economy. against risks including trade friction a while command and until markets had widely expected the fed to reduce its key overnight lending rate by $25.00 basis points to a target range of 2 percent to 2.25 percent many traders had looked for clearer confirmation of more rate cuts from its chief jerome powell the dollar rose to a 2 year peak against the euro and jumped to a 2 month high versus the yen. now this was the 1st rate cutting almost 11 years now that was december 2008 on the tail end of the federal reserve efforts to support financial markets during the recession rates have only gone up since then in line with a recovering and eventually booming american economy compare that to the european central bank where the deposit rate has long been below 0 and where policy makers are still cutting that's put even more pressure on the fed as rate cuts devalued the euro against the dollar affecting tra

u.s. trade representative robert lighthizer said they eliminated. one more thing before i go. "wall streetournal" reporting late today, that u.s. prosecutors are looking at new allegations into huawei about stealing intellectual property. "the wall street journal" saying in one case, the companies stole from an individual in portugal, camera technology for its phones. so the u.s. trying to get a trade deal. going after huawei as a national security threat. liz: edward, there is so much news in washington, we'll get you a special oxygen tank. there is so much. edward lawrence. thank you so much. >>> james comey taking shots at president trump, ig found that neither comey or attorneys released any classified information. a quick story we lied about you would be nice. ask yourselves why you still trust people that gave you the information for so long including the president? there is a lot of bad information in what comey tweet the out. he left out this from his tweets, that the i.g. found the man who holds himself out as a paragone of virtue broke dozens of government rules, failed to live u

i was some homes have been destroyed or damaged or more flash floods are expected the wall street journal says u.s. officials will meet saudi representatives in washington on wednesday it's part of a push to convince the saudis to broker a cease fire in yemen he u.s. federal judge has built a new abortion on the states of missouri pending a legal challenge by poor portion activists who say that it's unconstitutional the absolute most of the headlines the news continues here on al-jazeera after the street but by. all jews there are. what guarantees would you give to people would be attending the menominee workshop we listen i'm supposed to believe apologize for someone who is also terrorizing we meet with global newsmakers and talk about the stories that matter which is iraq. ok google still light on the. has excellent studio mikes do the show they're not that small. smart devices certainly make our life easier but security experts say there is a dark side to the technology i really could be i've got me ok today we asked the experts what's your advice know about us what are your thoughts tweet us o

u.s. china trade war washington is designating beijing of of manipulating its currency after it lowered the value of the one stocks have dropped nearly 3 percent on wall street beijing says it will stop chinese companies from buying u.s. farm products alan fischer has more from washington d.c. . well donald trump said he was going to call china currency manipulator on his 1st stay in office it's taken until now you certainly were expecting from the treasury said just evolution some sort of ruling on whether or not he thought china was a currency manipulator in october it's been brought forward just in the last few hours donald trump said on twitter that he believed china was manipulating its currency to try and gain an unfair advantage against the united states now when they made this really could have years one of 2 laws they could have gone with the 2015 law or the one that was drawn up in 1908 they decided to go with the 1988 there's a reason for that it's a slightly broader remit it gives them a wider option on how they can declare china to be come see manipulator what it means know is that stephen ition with donald trump's backing will go along to the i

u.s. economy. the tariffs affecting wall street too. the dow plunged thursday, closing down 280 points. >> who wilnobe targeted are those that would affect ordinary consumers. >> reporter: this latest development, part of a long running costly trade dispute with china. only days with his china trade policy. >> they would love to see a guy like sleepy joe biden who has no clue what the hell he's doing. >> reporter: and renewing his attacks on democrats, vying for his job and the four minority congresswomen he has targeted for weeks. this week, the crowd refrained from chanting, send her back. and china reacted overnight to president trump's latest tariff announcement saying it's, quote, definitely not the right way to resolve trade frictions. will? >> megan, thank you. >>> on capitol hill, the only black republican in the house has announced he will not seek re-election. congressman will hurd has clashed with president trump over race and immigration. he is the sixth republican member of congress to announce their departure in less than

u.s. corporations and wall street hates this trade war.any time there's an escalation, as we're seeing this morning, the dow moves lower as a result. as for chairman powell, that was supposed to be our big story today, he was out speaking this morning at the federal reserves annual restreet in wyoming, a highly anticipated speech, he's been under pressure to lower interest rates to keep our economy on an even keel as the world's economy is going down. he didn't come out. no fed chair is going to come out and say what they intend to do with interest rates. they only hint. so he hinted this morning that he's open to more interest rate cuts if if it's warranted but that wasn't enough, obviously, for the president. he wants a full percentage point cut from the fed. wall street is more looking for a quarter of a percent next month. but it still remains to be seen whether that's going to happen. >> those hints as you mentioned are certainly meaningful -- >> very much so. >> -- especially when they are public. thank you for joining us bill. >> yo

wall street. the trade war with china hitting home. beijing suspending all purchases of u.s. farm products. what it means for american consumers and the prices we pay and how the white house is responding. >>> also new this morning, what we've learned about the man police say shot and killed 22 people inside that texas walmart. and the one survivor who lost his 78-year-old father. why he says people like him are being hunted. >>> abc news exclusive, las vegas legends siegfried & roy breaking their silence on "good morning america" about the on stage tiger attack that nearly killed roy and who's to blame. >>> also this morning, could a handwriting expert be the key to solving the mystery involving aretha franklin's estate? >>> trapped on the bus, the 911 call from the highway as a woman claims a bus driver purposely locked her inside the luggage compartment. >>> and the shocking wake-up call as a bear greets these two men taking a nap. >>> good tuesday morning, everyone. thank you for joining us. we begin with the escalating trade war with china and the growing concern about its effect on th

u.s. has accused china of being a currency manipulator as the trade war between the 2 largest economies in the world intensifies stocks have dropped nearly 3 percent on wall street after china let its currency sink to an 11 year low. and u.s. media are reporting that the trumpet ministration is set to impose a complete economic embargo on the government of venezuela it would be the 1st measure of its kind against the government in the western hemisphere and more than 30 years and a cease fire there is rebel controlled italy provinces collapsed the government has resumed its fence of with asteroids reported at least some parts of the province syria's government has accused rebel forces of violating the truce such as baby turkey for not enforcing it. the u.k. has joined the u.s. on an international maritime security mission to protect cargo ships in the strait of hormuz britain has been giving u.k. flag vessels in the region unable escort since around seized one of its oil tankers last month european nations have been reluctant to take part in the u.s. naval missions. now the reuters news agency is reporting that libyan warlord khalifa haftar force has struck and

looking at wall street, u.s. futures are seeing green arrows with a higher open. the dow managed to open higher after an 800 point day loss. the dow finished with a gain of about 100 points. the s&p 500 closed up just a bit. the nasdaq with its many tech companies, it fell slightly. general electric was a big loser. the stock plunged more than 11% after accountant harry marcropolis who helped expose the bernie madoff scandal said ge was hiding issues in their business. >>> virgin airlines is showing off the spaceport america facility. the virgin galactic facility will go into this area before they board a supersonic flight. hundreds of people have signed up for a ride on the space flight. they have additional test flights and they will start flying paying customers in the first half of 2020. >>> i want you to meet porky. >> hi. >> a new toy and $1 million. "toy story 4" has crossed the $1 billion mark at the global box office marking its fifth billion dollar release for disney this year. the studio is now the first to have five $1 billion movies in a single year.

bulls on wall street are arguing that the u.s. economic data mains strong for the most part.erest rates remain low, and despite powell's reluctance to endorse a seriesf rate cuts yesterday, central banks around the world are in easing mode. so the perceived benefits from the fed cutting rates may haveh passed and could be a problem for stocks in august. for "nightly business report", i'm bob pani at the new york stock exchange. >>> let's turn to brad mcmillan to talk more about today's market and his expectations for the month of august. he is chief investor officer at commonwealth financial network. brad, good to see you again. >>lcome back. hank you for having me, bill. >> you called today's market on,l-off a sentiment reac not a fundamental. what did you mean? >> well, when you get tofs kind news item where the president is tweeting out, you can a seepullback. the market gets disappointed. everybody sells first and thinks later. that's what we saw yesterday, only to see the market bounceback. since the fundamentals are solid, that's probably going to happen again. >> indee

u.s. futures as we head into the final trading day of the month for wall street.ive momentum for u. s. stocks. we're going to end the month on a high note. september 1 sst new tarifst new in that's it for street signs dwe chges mi ungp next devices are like doorways that could allow hackers into your home. and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway, devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced security. if it's connected, it's protected. call, click, or visit a store today. >>> it is 5:00 a.m. and here's your top 5 at 5:00 finishing strong the end of the morally set to roll on but what is behind the sudden resurgence. do you want to make money? a not so sexy bond market has been making some investors serious coin some of the red hot ways people are profiting. meantime, the clock is ticking n

u.s. economy. >> reporter: -- after a tumultuous week on wall street. >> will tell you what, i sure don't see a recession. >> larry kudlow's pointed to strong retail and low unemployment of science in the u.s. economy remaining strong. >> reporter: we should not be afraid of optimism. i don't know what it is, everybody wants to talk about's pessimism. >> reporter: speaking to face the nation, treated pfizer peter navarro rejected any talk of a pending recession. >> i am seeing, looking at all the macros is a very strong trump economy and bull stock market through 2020 and beyond. >> reporter: independent economists have been less optimistic after the bond market flashed a signal that is normally interpreted as a sign a recession is on the horizon. democrats pin the blame on the presidents trade war with china. >> it is also a fools errand to think you are going to be able to get china to change the fundamentals of their economic model by poking them in the eye with a terry. >> reporter: andrew yang insist the presidents approach is not working. >> we need to curb some of the abuses on the chinese side bu

u.s. china trade tension front wall street remains on edge warning clienlts abo -- clients about elevated risks. the global economy will fall into recession if the u.s. raises tariffs on all imports to china to 25% and beijing follows suit trade tensions combined with reactive monetary and fiscal policy mean that the risk of nonlinear tightening and financial conditions triggering a global recession is high-ri ad rising at the same time, the world manager ubs that oversees some $2 trillion in asset is now recommending customers move to aunds weig a underneath position. investors brace for higher volatility we're reducing risk in our portfolios by moving to an underweight in equities. and at rbc they're pinning their equity outlook not just on macro tensions but earnings growth adds well. while the base case has been for a pull back around 10% in the months ahead we do believe a growth scare taking hold of the u.s. equity market is rising rapidly but it's not all doom and gloom. kevin johnson, the company with huge exposure to not just china but around the world isn't worried about a recess

u.s. economy strong as wall street warns europe is heading to a recession. p says to europe, take back your isis prisoners the u.s. captured. they came from your country. if you don't, we'll release them into your country. whose in, who's out. you will say good-bye to half the field. this as polls show the enthusiasm gap is growing

wall street. journal says u.s. officials will meet saudi representatives in washington state it's part of a push to convince the saudis to broker a cease fire in yemen. a u.s. federal judge has blocked the state of missouri as new abortion law pending a legal challenge by pro abortion activists the new law was due to come into effect on wednesday it's one of the strictest in the u.s. effectively banning the procedure unless medically necessary. has more from washington d.c. . this very restrictive abortion ban in missouri would have gone into effect on wednesday but on tuesday this federal judge stepped in and temporarily halted the we're being temporarily said that would hold to a further litigation plays out in the courts here this was signed by the missouri governor a back in may and it's been a real closely watched case ever since then it would have been the most restrictive abortion ban anywhere in the united states it would have banned women from having abortions any time after 8 weeks of pregnancy or about 2

u.s. has accused china of being a currency manipulator as the trade war. between the 2 largest economies intensifies stocks have dropped nearly 3 percent on wall street after china let its currency sink to an all time low. also u.s. media are reporting that the trumpet ministration is there to impose a complete economic embargo on the government of the venezuelan president nicolas maduro it will be the 1st measure of its kind of case to government in the western hemisphere in more than 30 years. and a ceasefire in syria's rebel controlled provinces collapsed the government has resumed its offensive with airstrikes reported in the southern part of the province syria's government is accused rebel forces of violating the terms of the truce and is claiming turkey for those who foresee. the u.s. defense department delegation is in turkey for a last ditch effort to set up a safe zone in northeastern syria turkish president reza the one who has said his country is running out of patience with washington on sunday he announced troops would be sent to the area controlled by the kurdish y p g fighters but the white peachy has been an important u.s. ally in the battl

u.s. is expected to renew efforts to find a diplomatic solution to the war in yemen according to the wall street journal it says u.s. officials will meet saudi representatives in washington on wednesday to try to convince them to meet rival who the leaders in amman before your conflict generated strong opposition in america with politicians on both sides voting to stop u.s. military support to the saudi u.a.e. coalition saudi arabia and u.a.e. are accused of killing thousands of civilians since 2015. iran's president says his country will not hold talks on any nuclear deal with the u.s. unless all signs sins are lifted her son rouhani is commons come a day after u.s. president donald trump said he was open to meeting there were any in leader if the circumstances are right pass. the 1st step is to remove sanctions without that this lock won't be open all sanctions against the iranian nation must be lifted they are all illegitimate and cruel if you lift the sanctions and apologize to iran then you would be a different situation this government is moving forward in line with this national interest

vladimir putin near moscow the 2 countries back opposing sides in the syrian conflict a wall street journal says u.s. officials will meet saudi representatives in washington on wednesday and part of a push to convince the saudis to broker a cease fire in yemen. ok let's get more now on our top story in the fires that have been burning throughout the amazon rain forest at record levels this year 77000 files have been recorded across brazil over the past 12 months this map from nasa shows those burning across the south america right now. satellite imaging also shows the amount of carbon monoxide those fires have produced in this month alone in less than 2 weeks they have pushed the levels by nearly 2 thirds carbon monoxide plays a huge role in air pollution and climate change that the amazon absorbs $2000000000.00 tons of carbon dioxide every year helping to regulate the climate that it could bring to a senior biodiversity research associate at the university of oxford she says the wildfires in the amazon a manmade is fires and not natural they don't start because of climatic conditions fires and am i