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Shutdown cancels MLK day of service programs in some national parks
Marketplace with Kai Ryssdal
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Aired 3 months ago 3:00
AP Headline News Oct 19 2018 16:00 (EDT)
The. AP radio news. I'm Tim Maguire some three thousand central Americans determinative rec- US tore down border gates in Guatemala and streamed onto a bridge into southern Mexico where they're met by police in riot gear about fifty. The migrants got through before the rest were driven back by officers. Using pepper spray. Members of the caravan are demanding to be allowed into Mexico and moss. But Mexican officials say they have to cross an orderly process and seek refugee status. President Trump is threatened retaliation. If the migrants make it to the US border with Mexico earlier today, secretaries tape, Mike Manteo met with Mexico's foreign relations. Secretary are deeply aware that the the way that Mexico will handle this the way you will handle this as your sovereign decision Mexico will make it decision. It's leaders in its people will decide the best way to achieve what I believe are shared objectives, a Russian woman faces, federal charges of managing the finances of a hidden but powerful Russian social media. Aimed at spreading distrust of US political candidates and causing division among voters on a number of social issues such as immigration and gun control prosecutors say she worked for the same social media troll farm indicted earlier this year by special counsel, Robert Muller one billion dollars estimated Jack Bach. Tonight's mega millions drawing this woman in Milwaukee bought a ticket on a win play. Thank you. Bye. Handlebar who by ticket university of Chicago behavioral science professor Jane Reisen says that's exactly the reason people are getting involved when the jackpot gets big. I think there is this social element part of it is just fun. It creates the sense of community. It creates the sense of come rotary. I also think that it creates a potential sense of regret to not be the one playing rising says, even with the one in three hundred two million odds people do imagine they can take home the jackpot. This is radio news. Home sales continue to slide Ed Donahue with the store, a decline in sales. Last month was the biggest in two and a half years. Lawrence Yun at the national association of realtors says, the housing market is likely to continue down this road is about an affordability issue and combined dad with the rising interest. Radio environment, and buyers are taking. Paul Yun says, especially on the west coast. Real estate is too expensive. What is critical is for the home builder's to Bill more affordable, moderately priced homes, cadets where there's a strongest demand and critical lack of supply. At one time. It was a strength, but now the housing market is a weak spot for the economy Ed Donahue, Washington Boston, Red Sox are in the World Series. They'll host game one Tuesday Fenway against either the dodgers or the brewers. Los Angeles has three to lead in the National League championship series, which resumes tonight in Milwaukee, I'm Tim Maguire AP radio news.
AP Radio News
Aired 2 months ago 6:50
Investors Exiting Tech, Playing Defense
Technology today has never been smarter. But smart only matters when you put it to good use together, we can build a smarter future for all of us. Let's put smart to work. Find out how at IBM dot com slash smart. With your money briefing. I'm Charlie Turner in New York for the Wall Street Journal Friday was another volatile day for the US stock market, and it ended with a mixed showing for the major averages. The Dow Jones industrials closed up one hundred twenty three points at twenty five thousand four thirteen. The NASDAQ composite lost eleven points and the s&p five hundred gained six however was a tough week for the markets. Both the Dow and NASDAQ lost about two point two percent and the s&p lost one point six percent here to help us recap the week as Wall Street Journal markets reporter, Mike worst horn Mike were there a lot of growth concerns this week. It seemed like the forecast where I slow growth or contraction overseas while it's generally more upbeat in the US in in China and Germany specifically they were data points that that freaked investors out making them more concerned that obviously as we think about sort of the storyline last year twenty seventeen that all these global economies are growing together that's full on Ravel. And we're getting further and further evidence as the data catches up to where things are now. So so in China, you did see business activities sort of overall mix in October, and that just overall contributed to this very negative sentiment. Germany as well. It's a Konami shrank for the first time in three and a half years adding to that concerns that over in Europe, you know, they're not as expanding and expanding nearly at the rate as they should be. And in the US on Friday. There was even some economic data that you know, shows that we're still growing, but industrial output came in below analysts expectations. Household debt is at a as an all time high continues to climb since the financial crisis, and it's really just given investors or reason to pause again. And I imagine that Brexit is a big problem for the euro zone, and by extension people here in the US, it there was a lot of all Tila, the author at European stocks throughout the week as the news about the deal came out, and then the resignations and for a lot of investors is still a lot of questions over what this final Brexit deal will look like so for the time being. They're they're just bracing themselves for further volatility, especially if there's any signs as to whether or not recently government is going to enter some sort of crisis overall this. There doesn't seem like there was very much impact. From a statement. I guess President Trump may to reporters indicating that there were hopeful signs on the trade front between the US and China it. It was interesting because right. When that statement, I came out on Friday of round twelve thirty in the afternoon, you saw you saw the Dow Jones industrial average, the S and P five hundred all of them pull themselves out of negative territory. They rose the SNP I believe was up up as much zero point six percent. But the gains were very much short lived. And that was just because the market was way. More fixated on some of the weaker earnings that come out before the open. So while trade optimism is something that's going to really be needed for the markets to move higher. The market's pretty doubtful of anything. That's just said sort of off the cough or to reporters without a firm deal in their hands around trade. Lest we bury the lake. Hair? What about technology stocks? We had on Friday Invidia pulling the chip down. And also there was news regarding Facebook Facebook's had a particularly painful week a lot of having to do with the New York Times story that came out but the deepen their losses. I mean for tech overall it's been another punishing, and it's really continue to sell off that started in early October as investors really rethink the valuations of these very high growth, lofty companies and for a lot of them. They totally understand that companies like Facebook, alphabet, Netflix Bill continue to grow. But the question is how fast can they really grow the earnings that have come out in video is the latest one to say this show that you know, at least in the fourth quarter of this year sales across the border slowing that growth is coming down. So you still have double digit growth, but just not as high as what those expectations were. So for a lot of investors. This is a rotation at technology into more defensive names, if their if their fears are actually, correct. The economy is heading I slowed down. So they're moving the things like consumer Staples and utility firms utility firms who a big rise on Friday. But for the most part, this is all just investor saying that, you know, we need to see a little more conviction where technology goes from here before ready to go right back into it. So you still see the NASDAQ in correction territory through Friday's close. What do you think sentiment is among investors as we enter the holiday-shortened thanksgiving week investors are hoping that things are fairly quiet, which would which would mean to them that index is don't move all that much. There's not a lot of enthusiasm that stocks will have a significant move higher. Although that said just because thanksgiving week tends to be a less active too weak in terms of volume you could see some outside moves really jar the market back and forth. You know that said I mean for the most part nobody's really expecting anything phenomenal between now and the end of the year. So so the expectation is we just have at least we stay where we are. We sort of protect where the small gains. The Dow the s&p still hold onto through this year, Wall Street Journal markets reporter, Mike worst horn. Thanks, mike. Thank you. This podcast is brought to you by Harvard Business School executive education is your family office position for growth and success gain best practices in family wealth management at the new program, building a legacy family office wealth management. Learn more at H B, S dot ME slash legacy. It'll be short thanksgiving week with thanksgiving on Thursday and the markets closing at one PM eastern on Friday, but the market will be stuffed with retail earnings this upcoming week highlighted by target Lowe's. Kohl's and urban outfitters. Also will get numbers from Burlington stores guests gap TJ X, footlocker Barnes and noble, L brands and dollar tree. We'll get a fairly full plate of economic reports considering it's a holiday week the housing market has been in a slump, and there will be several data points in that sector will find out how homebuilders feel about the market when we get the November housing market index from the national association of home builders, the Commerce Department will tally up October housing starts and the national association of realtors reports on October existing home sales also doing the new week. Our reports on consumer sentiment. Durable goods orders and leading economic indicators. And that's your money briefing. I'm Charlie Turner in New York for the Wall Street Journal.
WSJ Your Money Briefing
Aired 3 months ago 4:00
AP Headline News Oct 19 2018 21:00 (EDT)
Entertainment design just for you, then checkout customizable streaming TV from finishing it makes your life simple easy. Awesome. Expended, he gives you customizable streaming TV options. Enjoy the most free shows anywhere on any device and even access your streaming apps right on your TV with x one. Go to spin dot com call one eight hundred spineta or visit a store today to learn more restrictions, apply. AP radio news. I'm Jacky Quin Saudi Arabia's expressing regret for the slaying of columnists Jamal Cosco g at the consulate in Turkey. The government statement though, says he was fighting with a group of agents. The ranking democrat on the house intelligence committee says that's not credible President Trump. Meanwhile earlier today said the US is considering its options which could possibly include sanctions something. We don't like very serious stuff and we're gonna get to the bottom of it and we'll make that determination. I'm gonna have very much congress involved in determining what to do. The US government's charging Russian woman with foreign interference in next month's election departments accusing a Russian in a sweeping bid to use social media to influence American public opinion on everything from gun control to the NFL national anthem debate. The charge was announced after US intelligence. Sees made a rare public statement in accusing Russia, China, Iran, and others of ongoing campaigns to sway voters. So discordant an increase divisiveness homeland security undersecretary. Chris Krebs says, there's no evidence voting systems themselves have been compromised saga megani Washington. Mexican authorities used pepper spray to stop a caravan of some three thousand hundred migrants from pushing their way across the border from Guatemala. President Trump has warned that he will close the US border. If Mexican authorities can't stop the group police records revealing more about the events leading up to the disappearance of thirteen year. Old girl after her, parents were found dead in their Wisconsin home Monday, dispatch logs indicate deputies found that the door had been kicked in and multiple rounds had been fired. They say it was the girl's mother who called nine one one before she was killed. This is AP radio news. Home sales in the US have fallen for the sixth straight month. The decline in sales last month was the biggest in two and a half years are taking Paul. Lawrence Yun at the national association of realtors, says the housing market is likely to continue down this road about an affordability issue and combined dad with the rising interest radium varmint on the west coast. Real estate is too expensive. What is critical is for the home builder's to Bill more affordable, moderately priced homes because that's where there's a strongest demand at one time. It was a strength. Now, the housing market is a weak spot for the economy Ed Donahue, Washington. Philadelphia songwriter who claims he was cut out of the prophets and credit from that song. Bad girl recorded by usher has been awarded more than forty four million dollars in damages in a lawsuit that targeted the co, author and the producer, Jackie Quinn AP radio news. Hi, it's Jamie progressive's employee of the month, two months in a row leave a message at. Hi, Jamie. It's me Jamie. I just had a new idea for our song about the name, your price tool. So when it's like, tell us what you want to pay. Hey. Hey, trombone goes Wah and you say, we'll help you find coverage options that fit your budget. Then we just all do finger snaps while a choir goes savings coming at ya savings coming at ya. Yes, no, maybe anyway. See you practice tonight. I got new lyrics for the rap break. Progressive casualty insurance company and affiliates. Price and coverage match limited by state law.
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