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16 Oct 2020 14:57:20 UTC
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[153] Daniel Alpert looks at US Growth & John Aziz talks UK Austerity
There are two prominent stories making business headlines right now involving powerful women suing their former employer: one at Goldman Sachs and one at Tinder, the start-up dating app company. Erin takes a look.
Then, Erin sits down with Daniel Alpert, the author The Age of Oversupply, to get an insight on the future of the US economy. After the break, Erin talks to John Aziz, the economics and business correspondent at The Week, to get his take on the economic performance in the US and the UK.
And in today's Big Deal, Edward Harrison and Erin talk about endorsements and the world of tennis. Check it out.
Check us out on Facebook:
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https://www.youtube.com/watch?v=mNJVDvhpOcQ
Then, Erin sits down with Daniel Alpert, the author The Age of Oversupply, to get an insight on the future of the US economy. After the break, Erin talks to John Aziz, the economics and business correspondent at The Week, to get his take on the economic performance in the US and the UK.
And in today's Big Deal, Edward Harrison and Erin talk about endorsements and the world of tennis. Check it out.
Check us out on Facebook:
http://www.facebook.com/BoomBustRT
https://www.facebook.com/harrison.writedowns
...
https://www.youtube.com/watch?v=mNJVDvhpOcQ
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Big tech is in the crosshairs of the DOJ as the U.S. has opened a review into antitrust practices. Professor Richard Wolff is on hand to break down the case and what the merger and monopolies mean for the tech economy. Plus, the news keeps going down for Deutsche Bank as new reports reveal the bank's connection to American financier Jeffrey Epstein. RT Correspondent Michele Greenstein joins us to break down Deutsche’s dilemma. And later, Boeing continues its bust as its stock has hit a turbulent patch on earnings reports. Adam Mesh of the Adam Mesh Trading Group joins us to delve into the dip and dig into other key earnings numbers.
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Markets are back in bear territory as the stock roller coaster continues its ride. We break it all down and what role the ongoing oil crisis is playing in situation. Plus, how is Europe handling the outbreak as Italy continues bearing the full brunt of the virus? We take a deep dive.
#BoomBust #QuestionMore #RTAmerica
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VIDEO
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The top story: The IMF’s chief Christine Lagarde is to face trial over payout to French businessman Bernard Tapie. Elsewhere, PMI data point to a sharp slowdown in the UK following the Brexit vote. Ameera David has details. Afterwards, Boom Bust’s Bianca Facchinei reports on how Amazon has tiptoed into the banking business through student loans. Then, Ameera talks to RealVision founder Raoul Pal about the market situation in a post-Brexit world. Raoul also has commentary on the US economy and bitcoin.
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VIDEO
[137]
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Our lead story: According to the Bureau of Labor and Statistics, US employers kept up a solid pace of hiring, returning employment number to pre-recession levels. Many believe this is confirmation that the economy has snapped back from its winter slump! Erin takes a look at the numbers.
Yesterday, the European Central Bank announced some historic measures to try to inject liquidity into the Eurozone. At the same time, Euro-skeptics have made political gains recently. So Erin talked with Dr. Ann Pettifor to get a sense of how these tensions are playing out.
Then we play the Best of the Best for this week. We play our favorite clips from Pippa Malmgren, Thomas Palley, Tim Duy, Ladar Levison, and Jim Rogers.
We end the week with our weekly Accrued Interest. Keep those questions coming!
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VIDEO
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Thousands showed up in Baltimore as Amazon looked to fill more than 50,000 positions. Bianca Facchinei was there and she joined us to talk about the thousands that showed up.
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VIDEO
[412]
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We’re on to day two of China cutting the guiding rate for the national currency. The Chinese central bank lowered the daily fix rate against the US dollar by 1.6 percent to 6.3306 on Wednesday morning. That marks the biggest two-day lowering of its rate against the dollar in more than two decades. On Tuesday, the People’s Bank of China devalued the Yuan by almost two percent – sparking concerns that China is starting a campaign to weaken its currency in the face of faltering economic growth. Ameera David weighs in.
Then, Ameera sits down with Marin Katusa – chairman of Katusa Research and author of “The Colder War: How the Global Energy Trade Slipped from America's Grasp." Marin tells us how predictable it was for brent crude and WHI to re-enter bear markets and gives us his take on OPEC’s production strategy.
After the break, Bianca Facchinei takes a look at the number of US prison inmates that provide cheap labor to the government and businesses. In California, a growing number of prisoners are working as firefighters for $2/hour, at most.
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Tesla has unveiled its new product, but it hasn’t yielded quite the result that the company may not have wanted. RT correspondent Sara Montes de Oca and Lauren Fix, the Car Coach, are both on hand today to sift through Tesla’s shattered stock. Plus, we bring you the performance of stocks around the globe for the week amid some major market moving events.
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VIDEO
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A ransomware attack has forced the closure of one of the largest fuel pipelines in the US. Colonial Pipeline and the United States government have both blamed ransomware for the massive outage. Meanwhile, E.U. leaders aren't convinced that US-backed patent waivers will be immediately effective in the fight against COVID-19. And Dogecoin is down as Ethereum hits fresh record highs in the current crypto landscape and markets.
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Evacuations are underway in California after one of the nation’s largest dams threatens homes. Drought stricken California is now facing catastrophic floods. And Clint Arthur, author of What They Teach You at The Wharton Business School breaks down how powerful costume and consistency can be to power and success. Then after the break, Lindsay France talks with Hadley Heath Manning about the fight for Family Leave or Maternity Leave and how there’s a growing debate to make it happen. Some say the responsibility is on the government, private sector or the individual. Afterwards, Manuel Rapalo breaks down how keeping your data secure and encrypted is turning into big business for tech companies.
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