Elon Musk, Bill Gates, Mark Zuckerberg and other tech titans are coming together for a private meeting on the future of artificial intelligence, which will be moderated by Senate Majority Leader Chuck Schumer and Senator Mike Rounds. One person who's particularly interested in this is Martin Kon, the president of Cohere, a firm that builds and customizes the models other businesses can use to deploy chatbots and other AI-driven products. He joins Julia to discuss.
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Former CIA officer Sue Mi Terry discusses Kim Jung Un's recent diplomatic visit to Russia, saying that it will be beneficial to both countries' governments.
Flooding has killed more than 2000 people in Libya, and an estimated 10000 people are missing. Ben Wedeman reports that hospitals in Derna are out of service, and the true extent of the unprecedented catastrophe is unknown.
Friday's Morocco earthquake has killed more than 2900 people. Nada Bashir reports from Moulay Brahim in the Atlas Mountains.
Hadas Gold: The Israeli Supreme Court has begun debating their own ability to declare government actions illegal. Their decision is due January 12, 2024.
Omar Jimenez reports on labor organizing in the auto industry. The United Auto Workers are preparing to strike due to the rising cost of living, stagnant wages, and poor work conditions.
The US Department of Justice and dozens of states have begun trying Google for antitrust practices, saying that the company has become a monopoly.
Conservative economic analyst and former World Bank President David Malpass says that the US government should implement greater austerity to lower inflation.
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What do the following have in common: a wind turbine, an MRI machine, a stereo speaker, and a washing machine? They all rely on magnets to work. But there's a problem. The rare earths that make up magnets will come under increasing demand as the world's population grows, and the United States is heavily dependent on China for production. Plus, traditional mining methods aren't good for the environment. And that's where Noveon Magnetics comes in. The Texas-based company says it's found a way to recycle used magnets by stripping them out of discarded products, melting them down and re-manufacturing them. Joining Julia to discuss is Noveon CEO Scott Dunn.
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TIME just revealed its list of the 100 most influential people in artificial intelligence. It includes well-known names in the space, plus scientists, government officials, musicians, and even a Japanese author who produced the first completely AI-generated comic. Joining the show to discuss the list is TIME Editor in Chief Sam Jacobs.
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Representatives from many of the world's largest oil consumers and producers will be attending the G20 summit in New Delhi this weekend. G20 members Saudi Arabia and Russia announced this week that they will keep voluntary production cuts in place through the end of the year. That news helped push oil prices substantially higher. Tighter supplies and continued strong demand could keep gas prices elevated this fall, a key political concern for President Biden as the 2024 vote nears. Joining Julia to discuss is Amrita Sen, cofounder and director of research at Energy Aspects.
Also on today's show: John Kerry, United States Special Presidential Envoy for Climate.
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Featured interview: ZF Group CEO Holger Klein
You may not have heard of ZF Group but you certainly have heard of its clients, which include Mercedes and BMW in Europe, GM and Ford in North America, and Bird and Lotus in China. ZF calls itself the world's largest provider of mobility technology and says there are virtually no cars now that don't contain at least some of its parts. Joining Julia to discuss is the company's chairman and CEO Holger Klein.
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You may have heard about 3D-printed rockets, prosthetics or even toys, but what about a 3D-printed building? Well, that's exactly what Team4UA is doing right now, building a primary school in Lviv, Ukraine. The project is part of its initiative to help build essential infrastructure. Joining Julia to discuss is Team4UA founder Jean-Christophe Bonis.
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Using artificial intelligence in education has been quite controversial in certain quarters. Some schools see it as a teaching aid while others are banning it completely. One firm that wants teachers to embrace AI as an ally is CYPHER Learning. The company uses AI to create personalized learning experiences for schools, individuals and staff in the workplace. Its latest product is called Copilot which allows educators to design and curate courses, tests and games for students. CYPHER claims that Copilot can do all of this in under 10 minutes and at less than $10 per course. Joining Julia to discuss is CYPHER Learning CEO Graham Glass.
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Two Chinese companies, Baidu and SenseTime, officially jumped on the generative AI bandwagon today, launching their answers to the ChatGPT craze. It's important news as the world's second-largest economy charts its high-tech future. CNN's Michelle Toh joins the show to discuss.
Also on today's show: The latest on Hurricane Idalia, the deadly fire in South Africa, and the unwanted kiss controversy in Spain.
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Today's First Move showcast was preempted for CNN live coverage of Hurricane Idalia. You can explore other CNN podcasts and showcasts at cnn.com/audio.
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The US and China today announced a new working group on commercial issues, the latest effort between the two nations to help improve business ties. The news comes on the first day of talks between US Commerce secretary Gina Raimondo and Chinese officials in Beijing. Washington has taken major action recently to cut imports of key technologies to China, but the Biden administration remains hopeful that the two nations can boost trade beyond the sphere of national security concerns. Joining Julia to discuss is Eswar Prasad, the Tolani Senior Professor of Trade Policy at Cornell University and a Senior Fellow at the Brookings Institution.
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As usual, all economic eyes and ears will be on Fed chair Jerome Powell when he speaks at a global central bank meeting later today in Jackson Hole, Wyoming. While Powell's remarks aren't expected to be as gloomy as last year's, no one's expecting a "mission accomplished" moment either. Joining the show to discuss is Ken Rogoff, Professor of Economics and Maurits C. Boas Chair of International Economics at Harvard University.
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While it's yet to be confirmed, Russian aviation officials say Wagner mercenary group leader Yevgeny Prigozhin was on the plane that crashed near Moscow yesterday, killing all 10 onboard. This comes after General Sergei Surovikin was dismissed as head of Russia's aerospace forces. He hasn't been seen in public since Prigozhin's short-lived rebellion, fueling unconfirmed rumors of his detention. Joining Julia to discuss is Russian-American journalist Masha Gessen, an outspoken Putin critic.
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The five BRICS nations (Brazil, Russia, India, China, and South Africa) are meeting in Johannesburg. Established in 2009, the block was created to help advance the interests of nations not traditionally aligned with the west. But agreeing on common policies has been a challenge to say the least, especially in light of Russia's war in Ukraine. Joining Julia to discuss is Hash Pant, vice president of studies and foreign policy at the Observer Research Foundation in New Delhi.
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What started as a company saw noodles in Ukraine has now turned into one of the newest players in the electric car market. VinFast Auto was founded in 2017 by Vietnam's largest private conglomerate. Its first models were combustion engine cars, but last year switched to producing only EVs. VinFast shares had a red-hot debut on the Nasdaq and recently broke ground on a factory in North Carolina that should start production in 2025. Joining Julia to discuss is VinFast Auto CEO Madam Le Thi Thu Thuy.
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China's economic troubles continue, prompting the country's central bank today to cut interest rates for the second time in three months. However, the bank unexpectedly kept the five-year rate unchanged. Markets were expecting Beijing to offer more support for the property sector which makes up around 25% of the economy. Joining Julia to discuss is Michael Pettis, professor of finance at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets.
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Miniature golf with giant ambitions - the Swingers golf club chain hopes for a hole-in-one as it expands from London to the US and beyond, raising $52 million to fund a third franchise expansion. The question is, can it win over the high-rollers in Las Vegas? Swingers’ co-founder and co-CEO Matt Grech-Smith joins to discuss his company’s ambitious plans for the future.
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There have been plenty of headlines over the years heralding the demise of the US dollar as the world's reserve currency of choice, with an increasing number of countries looking at alternatives. Not to mention, of course, the rise of crypto and decentralized coins that don't rely on governments at all. In 2001, USD assets represented nearly 73% of global bank reserves. Now that figure has fallen to around 58% according to RBC Wealth Management. Joining Julia to discuss is Valor Capital Group partner Brian Brooks.
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An op-ed published today in Foreign Affairs titled "The AI Power Paradox" warns, among other things, that some AI tech giants will become more powerful than nation-states one day, and that the patchwork approach to regulations will neither be sufficient nor swift and flexible enough. Joining Julia to discuss are the op-ed's authors, Ian Bremmer, the president and founder of Eurasia Group & Gzero Media, and Mustafa Suleyman, CEO and cofounder of Inflection AI.
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Serious challenges to global food supplies remain, driven in part by the war in Ukraine and the impact of climate change and extreme weather. In the United States in particular, you can add to that a devastating disease that's done serious damage to orange crops. Production is set to fall to its lowest in decades, which would surely put upward pressure on prices. The problem is so severe that some orange growers have decided to give up on the citrus business altogether. Joining Julia to discuss is Florida Citrus Mutual CEO Matt Joyner.
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Recently a group of teenage hackers managed to breach some of the world’s biggest tech firms last year by exploiting systemic security weaknesses in US telecom carriers and the business supply chain, in what is a cautionary tale for America’s critical infrastructure. Also, researchers from the cybersecurity firm ESET have uncovered a cyber plot targeting foreign embassies in Belarus. The company says at least four countries have been targeted by a cyber espionage group, using advanced techniques. Joining the show to discuss is Tony Anscombe, ESET's chief security evangelist.
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While Disney's latest earnings report shows overall revenue up 4% from a year ago, its Disney+ streaming service continues to drag on the bottom line, as subscribers fell over 7% from the previous quarter. Despite the dwindling viewership, Disney+ is raising the price of its ad-free streaming tier. Joining the show to discuss is Tim Nollen, Senior Media Tech Analyst at Macquarie.
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Visa, a longtime supporter of women's football, is an official partner for the Women's World Cup. FIFA says the whole event is its first-ever cashless tournament. Throughout the competition, Visa's offering a digital prepaid card that can be used in and outside the stadium. Fans can also retain a limited number of match-day NFTs. Joining the show to discuss is Visa Chief Marketing Officer Frank Cooper.
Also on today's show: Bookings Holdings President/CEO Glenn Fogel.
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Food prices around the world have been driven higher due to multiple factors, including the extreme weather, the aftermath of the pandemic, and the war in Ukraine. The UN says more than 120 million people have been pushed into hunger since 2019. The humanitarian aid corporation Mercy Corps operates in over 40 countries distributing cash, food, water and other essentials. Joining the show to discuss is Mercy Corps CEO Tjada D'Oyen McKenna.
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Zoom, the company famed for its virtual meeting technology, is asking its employees to come back to the office. Zoom's popularity exploded during the pandemic, when the need for online meetings surged, and working from home became a reality for many. But Zoom tells CNN that employees that live nearby need to be back in the office for a certain number of days. CNN's Matt Egan joins the show to discuss.
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Apple, the world's most valuable company, saw its revenues slip again in the last quarter - the third consecutive year-over-year quarterly revenue drop. Meantime, Amazon saw its sales boom thanks to strong demand on a wide range of products. Joining the show to put the two tech giants' latest results in perspective is TECHanalysis Research President and chief analyst Bob O'Donnell.
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Fitch's decision yesterday to lower the US' credit rating for a pristine AAA to AA+ is still reverberating through global financial markets and has helped spark a heated - some say healthy - debate over the level of the country's federal borrowing. America's debt ratio as a proportion of its economy is over two and a half times the average of nations that currently have a AAA rating. Senator Joe Machin (D-WV) today called the debt crisis a fiscal runaway train. Joining Julia to discuss is Fitch co-head of Americas sovereign ratings Richard Francis.
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Ford posted better-than-expected results in the second quarter and raised its 2023 profit guidance as well. But there was a bit of a reality check for investors regarding its electric car ambitions. Although sales in the period jumped to nearly $2 billion, Ford said its annual losses in that division this year could hit $4.5 billion - way higher than expected. They also pushed back their production targets. For more on this, Julia spoke to Ford's Chief Financial Officer John Lawler.
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Aptera Motors, a California startup, is developing a solar electric car. For people who drive 65 kilometers (40 miles) a day or less, the company says it won't cost a cent. It also promises a fully charged battery can let you travel up to 1600 kilometers (100 miles). And Aptera claims its vehicle is three times more efficient than a Tesla Model S. Joining Julia to discuss is Aptera CEO Chris Anthony.
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More than 3.8 billion passengers flew around the world last year, and those planes generated 2% of the world's carbon emissions powered by fossil fuels. The industry is clearly looking at ways to address this with things like electric and hydrogen power jets. But what if we could simply use cleaner fuel? Well, Lanzajet is producing just that. It's called sustainable aviation fuel (SAF). The fuel can be used by regular aircraft and can use existing refueling systems without modification. Joining Julia to discuss is Lanzajet CEO Jimmy Samartzis.
Also on today's show: Kristina Hooper, Chief Global Market Strategist at Invesco.
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As temperature records continue to be shattered the UN secretary general is urging world leaders to act to prevent worse. The UN's Intergovernmental Panel on Climate Change is one of the world's most recognized scientific bodies on global warming. Earlier this year it released a report highlighting the devastating impact of climate change, as well as detailing the cost-effective actions to reduce greenhouse gas emissions. The IPCC reports provide crucial input into international negotiations on just how the world responds. Joining Julia to discuss is the new head of the IPCC, Jim Skea.
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What if you could generate a short-form movie with just a few words of text?That's exactly what Runway AI, a browser-driven video production site, aims to accomplish. You begin by using a sentence to describe what you want to see. Then you can add a few more parameters, click "generate," and it appears like magic. The inference is pretty clear as to the future of amateur film, with the potential for dramatic cost savings. Joining Julia to discuss is Runway CEO Chris Valenzuela.
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350 million. That's the number of electric vehicles the world needs on the road by 2030 to help reach net CO2 emissions by the middle of the century. Achieving that goal is going to require a dramatic rise in output of a few key materials. And that's where KoBold Metals comes in. The mining startup says it's already using the power of AI, geoscience, and data aggregation to pinpoint deposits of lithium, cobalt, nickel, and copper in more than 60 projects across three continents. Joining Julia to discuss is KoBold cofounder/CEO Kurt House.
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Protestors in Israel are taking stock after the government's controversial judicial overhaul moved forward on Monday. Doctors have begun a 24-hour strike, and thousands of military reservists are saying they will refuse to volunteer for duty. Also joining the fight: a host of Israeli tech firms, which took out all-black full-page ads in major newspapers. One of those firms is fintech unicorn Papaya Global, which Time magazine recently included in its list of 100 most influential companies. Papaya CEO & co-founder Eynat Guez joins Julia to discuss.
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Spain is facing political uncertainty today as no single party was able to win enough votes to form a government after yesterday's election. The prime minister's central left party won 122 seats, while the main opposition party is on course to win 136. Neither is close to the 176 seats needed to govern alone, which means weeks of painful political negotiations. Joining the show to explain what we can expect next is José Ignacio Torreblanca, a senior policy fellow and head of the Madrid office of the European Council on Foreign Relations.
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With an estimated audience of over $1 billion, the women's World Cup soccer tournament is one of the biggest sporting events in the world. But there's still a major controversy: the gender pay gap. A new CNN analysis finds players at this tournament will make on average just 25 cents for every dollar earned by men. One of the company's calling for more support for women's soccer is Xero, an accounting platform based in New Zealand. Joining the show to discuss is Xero CEO Sukhinder Singh Cassidy.
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We're only halfway through the year and we've already had extreme floods in places like India, wildfires in Canada, Switzerland, and Greece, and tornadoes in the United States. They've not only put lives at risk but have also meant homeowners having to deal with damage to their homes. And that is where insurance plays a vital role. According to the Swiss Re Institute, the research arm of the insurance giant, global economic losses tied to natural disasters reached $270 billion last year, of which less than half was covered by insurance. Joining Julia to discuss is Swiss Re Group Chief Economist Jérôme Haegeli.
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Hollywood's come to a halt as actors and writers strike over a multitude of issues. Before the strike the union enlisted Tom Cruise to lobby on behalf of members. That's according to the Hollywood Reporter, which says the Mission: Impossible star joined a negotiating session to discuss concerns about the use of AI to replace actors. Voicemod is a company which describes itself as the worldwide leader in providing AI-powered voice synthesis and interactive audio with over 40 million downloads so far. Joining Julia to discuss is Voicemod CEO Jaime Bosch.
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The recovery in China, the world's second largest economy, is losing pace. GDP expanded 6.3% year-on-year in the second quarter, which is well below expectations. Other disappointments in China include record high youth unemployment, slowing retail sales, and faltering business confidence -- all raising expectations of further government support. Joining Julia to provide context is Derek Scissors, chief economist at China Beige Book and a senior fellow at the American Enterprise Institute.
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The US has given two firms the green light to start producing lab-grown chicken products: GOOD Meat and Upside Foods. The latter's chicken is already on one restaurant menu in San Francisco. Joining the show to discuss is Upside Foods CEO Dr. Uma Valeti.
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The world relies on concrete for construction and road building, with the journal Nature estimating over 33 billion tons of concrete are used every single year. According to one estimate in 2016, concrete was responsible for 7% of all greenhouse gas emissions, mainly in the production of cement, which is the glue that holds concrete together. This is where CarbonBuilt comes. The company wants to partner with existing producers and retrofit their production plans and they say their technology can cut the carbon footprint by 70%-100% with costs recouped within 3-5 years. Joining the show to discuss is CarbonBuilt CEO Rahul Shendure.
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Today's show brings you extensive coverage of day two of the crucial NATO summit in Vilnius. Ukraine President Volodymyr Zelensky met with several leaders today, including British Prime Minister Rishi Sunak and Canadian PM Justin Trudeau, as his push for membership in the alliance continues. Meanwhile, NATO Secretary General Jens Stoltenberg said its allies will continue to support Ukraine and affirmed it will become a member at a later date.
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Amazon addicts are furiously scouring their screens as the annual one-day Prime shopping event gets underway. Last year, 200 million Prime members worldwide bought over 300 million items. How does Amazon's workforce handle all those orders? Robots! In 2022, one billion packages making up an eighth of all orders worldwide were sorted by a robot. Logistics also play a crucial part in the company's operations as it integrates artificial intelligence further into the business. It's also managing a multitude of other changes including reducing its head count post-pandemic. Joining Julia to discuss is Amazon Senior Vice President of Worldwide Operations John Felton.
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Ahead of the critical NATO summit in Lithuania, Ukraine's foreign minister said NATO has agreed to let the country bypass a detailed formal process in an application to join the alliance. But in an exclusive interview with CNN over the weekend, President Biden said that Russia's war must end before NATO can consider membership for Ukraine. Joining the show to discuss is Ukraine Deputy Foreign Minister Olha Stefanishyna.
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It’s the fastest growing sport in America, but some are finding themselves in a real pickle after playing. USA Pickleball CEO Mike Nealy joins Julia to discuss the sports’ explosive growth in the US, and the estimate that player injuries could be responsible for up to half a billion dollars in medical bills this year.
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On the rooftops of buildings all around the world a quiet revolution is taking place. Solar panels and other forms of renewable energy are replacing fossil fuel reliant devices. BlocPower CEO Donnel Baird joins Julia to talk about his company’s mission to speed up bringing smart green technology to all communities, in order to vastly reduce energy costs and greenhouse gas emissions.
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European start-up Destinus is rewriting the rules on sustainable, long-range supersonic travel, having successfully flight-tested two prototypes, and revealing the “Destinus 3” at the Paris Airshow last month. Destinus Founder & CEO Mikhail Kokorich joins Julia to discuss his plan to launch the world's first commercial hypersonic plane by 2030, potentially reducing travel times between any two cities by 75%.
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You’ve probably heard about plant-based meat and lab grown food, but what about edible bio ink? Israel-based biotech company Steakholder Foods has cultivated the first lab-grown fish fillet using 3D a printer. CEO Arik Kaufman joins Julia to talk about his company’s vision and how its technology could see 3D-printed meats reach cost parity with traditional meat in just five-years.
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Overstock.com s a major e-commerce player in the US and Canada known for selling products like drugs, decor, and furniture items. Now it’s set to change its name to an even more well-known brand: Bed Bath & Beyond. They spent $21 million to acquire the name and domain of the bankrupt chain, but not BB&B’s physical stores, which have been closing across the United States. Joining Julia to discuss is Overstock CEO Jonathan Johnson.
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New data released today shows the Chinese economy losing fresh momentum as its post-lockdown growth spurt fades further. The numbers will intensify calls for Chinese officials to stimulate the world's second-largest economy. Joining the show to discuss is Shehzad Qazi, managing director of China Beige Book, which provides China research to investors.
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You may have heard of green hydrogen before on this show, but what about green steel? Well, in order to get one, you can use the other. That's according to the company H2 Green Steel, which is in the process of building a plant in Sweden using hydroelectric power to produce green hydrogen that will then be used to heat the ore in its steel ovens. The plant could be up and running by the end of 2025 with the aim of cleaning up an industry that's responsible for more than 7% of global CO2 emissions. Joining Julia to discuss is H2 Green Steel CEO Henrik Henriksson.
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For businesses of all sizes the question of how to harness the power of AI to gain a competitive edge is key. Databricks is a data storage and management startup that's now doing lots of deals it says will enable clients to build low-cost language models trained on their own data rather than taking it from somewhere else. The idea is that it will make the process easier, cheaper and quicker. Joining Julia to discuss is Databricks cofounder/CEO Ali Ghodsi.
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The whereabouts of Wagner boss Yevgeny Prigozhin are still unknown. In an audio tape released yesterday, Prigozhin said the march to Moscow was a "protest," not a move to oust President Putin. Earlier today, Russia's federal security service that it's dropping the case against the Wagner group rebels, and Prigozhin, for the weekend revolt. Joining Julia to discuss the situation is former Russian Foreign Minister Andrei Kozyrev.
Also on today's show: Former Google researcher Aidan Gomez talks about his new AI platform, Cohere.
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The EU foreign ministers are meeting in Luxembourg today, their first chance to respond as a group to the weekend's events in Russia. The countries agreed to an additional $3.8 billion in aid and support to Ukraine. They also assessed their military deployments, with Germany saying it will dispatch 4,000 soldiers to Lithuania to strengthen the eastern flank of NATO. Joining Julia to discuss is Edgars Rinkēvičs, Latvia's foreign minister and president-elect.
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A search for answers is underway after the missing OceanGate submersible suffered a "catastrophic implosion." Meanwhile, the US Navy says it detected the sound of a possible implosion on Sunday around the same time communication was lost with the vessel. Filmmaker James Cameron, who directed the 1997 movie Titanic and has made more than 30 dives to the wreckage, spoke to CNN about the tragic outcome.
Also on today's show: Espen Barth Eide, Norway's minister of climate and environment, discusses the country's bold transition to electric vehicles.
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Last month we learned from the International Energy Agency (IEA) that investment in clean energy is now significantly outpacing investment in fossil fuels. But as the IEA's top man told us, the scales need to tip much farther toward renewables, and around 90% of spending is currently being done by richer nations and China. What's needed is some kind of global financing pact perhaps to ramp up investment in poorer parts of the world which need support to mitigate and adapt to the climate crisis, while ensuring they also have access to cleaner energy in the future. Right now, more than 100 heads of state and government leaders, policy makers, and institutions -- including the UN, the IMF and the World Bank -- are meeting in Paris to talk about just that. Immersed in these critical discussions is former Secretary of State John Kerry, the US Special Presidential Envoy for Climate. He joins Julia to discuss.
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The world continues to be transfixed by the deep-sea drama taking place in the North Atlantic, where a submersible taking customers to the Titanic is missing. Yesterday banging sounds were detected by sonar devices during the search on Tuesday. Joining the show to discuss the rescue effort is Dik Barton, the former director of operations at RMS Titanic and the first British diver to see the wreckage.
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The global economy is showing signs of improvement, but progress is fragile. That's the latest outlook from the Organization of Economic Cooperation and Development (OECD). It forecasts headline inflation in the OECD to slow to 6.6% this year and 4.3% in 2024. That's thanks in part to tighter monetary policy and lower food and energy prices. Joining Julia to discuss is OECD Secretary General Mathias Cormann.
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Among the NATO defense ministers currently meeting in Brussels is Antti Kaikkonen of Finland, which recently became NATO’s 31st member. He’s assuring allies that his country’s incoming coalition government will continue to support Ukraine, but he’s worried about the duration of the war. He joins the show to discuss.
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Yesterday the US Federal Reserve paused its unprecedented series of interest rate hikes but warned another increase could come in July. Fed Chair Jay Powell stressed he can't sound the all-clear until we see more progress on a key inflation gauge. The next few weeks of "Fed speak" will be key, with many suggesting they should have raised rates yesterday. Joining Julia to discuss is Deutsche Bank Chief Global Strategist Binky Chadha.
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It's a "wait-and-see" Wednesday on Wall Street as this afternoon's Federal Reserve interest rate decision looms large. Investors are hoping for a "Powell punt" - no rate hike - following 11 consecutive months of increases. Perhaps helping push the Fed toward a pause is the latest Producer Price Index report released this morning. It shows prices falling at the factory gate by a greater-than-expected 0.3% month over month.
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Online dating has become a booming industry, generating nearly $5 billion in revenue last year. Over 300 million people use dating apps worldwide, according to a report by Business of Apps. In the crowded market, led by the likes of Tinder and Bumble, one startup is aiming for a tech-driven edge over the competition. Teaser AI is using artificial intelligence to overcome a major shortcoming in the dating game: the amount of time wasted in small talk that perhaps goes nowhere in the early stages. Joining Julia to discuss is Teaser AI cofounder/CEO Daniel Liss.
Also on today's show: Allianz Chief Economic Adviser Mohamed A. El-Erian reflects on today's latest US inflation data and how it may impact the Fed's next interest rate decision.
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ChatGPT, OpenAI's text-generating chatbot, has taken the world and classrooms by storm. Bangalore-based online education company Byju's became India's most valuable startup in 2021 when demand for online learning surged. Its flagship product app has more than 100 million registered students, and last week it launched three new AI models: Badri, MathGPT and TeacherGPT. Joining Julia to discuss is Byju's cofounder Divya Gokulnath.
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The Spanish economy defied the odds in Q1, growing 0.5%. That's in stark contrast to the Eurozone overall, which is technically in a recession. Spain also sports the lowest inflation rate in the Eurozone, thanks in part to government policies helping push consumers. Joining Julia to discuss is Spanish Vice President Nadia Calviño.
Also on today's show: The latest developments in the special counsel's seven-count indictment of former President Donald Trump.
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Today is "world ocean day." Around the world, our waters house most of the world's biodiversity, are the main source of protein to more than a billion people and will provide employment to 40 million people in ocean-based industries by 2030. Joining Julia to discuss is new World Conservation Society President Monica Medina.
Also on today's show: Supergoop founder Holly Thaggard.
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The Black Sea grain initiative established last summer has been crucial in tackling the global food crisis resulting from the war in Ukraine. But this week Russia said if its demands are not met, it sees no prospect for extending the deal beyond the middle of July. Ukraine is a major grain exporter, accounting for 10% of the world's supply of wheat, 15% of the corn market, and 13% of world barley. The charity The Hunger Project says if the grain deal fails it will put millions of people at risk of severe hunger or famine. Joining Julia to discuss is The Hunger Project CEO Tim Prewitt.
Also on today's show: Volvo Cars President/CEO Jim Rowan unveils the company's first fully electric SUV.
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Moscow and Kyiv trade blame for the destruction of a large dam in Russian held Southern Ukraine as hundreds are forced to evacuate due to flooding. Ukraine’s Economy Minister Yuliia Svyrydenko joins to discuss the evacuation effort, how the flood will affect Ukraine’s economy, and says Russia is acting like a terrorist state. Plus, Dan Ives, Managing Director of Equity Research at Wedbush Securities, joins to discuss Apple unveiling its mixed reality headset and how it lays the groundwork for the company's A.I. strategy.
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Russia claims to have repelled a major offensive in the Donetsk region, saying that hundreds of Ukrainian troops have been killed. Ukraine says it has no information to confirm the battle happened. Former Ukrainian Defense Minister Andriy Zagorodnyuk joins to discuss Ukraine’s counteroffensive and the danger of the conflict spreading more widely within Russia changing the whole dynamic of the war.
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The US labor market is showing no signs of slowing, adding 339,000 jobs in May, far exceeding expectations. Sectors posting solid growth include professional and business services, government, health care, and leisure and hospitality. Joining the show to discuss Sander van't Noordende, CEO of Randstad, the world's biggest recruitment company.
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May proved to be a challenging month for investors. The NASDAQ was the big US winner last month, rallying almost 6%. That's in stark contrast to the DJIA, which was off more than 3%. It's one of the biggest disparities in US stock market performance in years. Joining Julia to discuss what might happen next is Lisa Shalett, Chief Investment Officer of Wealth Management at Morgan Stanley.
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We're still in the very early stages of both understanding and harnessing the power of artificial intelligence. But it's coming, and the pace of change is already vast. And along with it the cries for restraint are growing ever more insistent. Just in the past two months, industry voices have gone from saying we need a six-month pause to reevaluate, to yesterday's warning that AI could be the death of us. Among those most alarmed are some of those with the most to gain financially. And one of the key beneficiaries, Microsoft, is also one of the strongest voices pushing for smart and swift regulation to ensure we get this right. Joining Julia to discuss is Microsoft Vice Chairman Brad Smith.
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The White House and senior Republicans may have reached an "agreement in principle" to raise the debt ceiling, but now lawmakers must vote on it. The US government has never defaulted on its debt, but that didn't stop rating agencies including Morningstar from placing the country's AAA credit rating under review. Joining Julia to discuss is Morningstar Senior Vice President of Sovereign Global Ratings Michael Heydt.
Also on today's show: Selva Demiralp, Professor of Economics at Koç University in Istanbul.
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French startup Zephalto is offering flights to the edge of space in a pressurized capsule attached to a helium balloon. The firm says the craft will take off from a French spaceport and ascend for around 90 minutes, reaching an altitude of 25 kilometers (82,000 feet). Not surprisingly, given this is a French company, one of the main attractions of the trip is feasting on food prepared by Michelin-star chefs. Joining Julia to discuss is Zephalto founder Vincent Farret d'Astiès.
Also on today's show: Daniel Ives, Managing Director and Senior Equity Research Analyst at Wedbush Securities; Greg Valliere, Chief US Policy Strategist at AGF.
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According to a new report by the International Energy Agency (IEA), global investment in clean energy is on course to rise to $1.7 trillion this year. In fact, investment in solar power is set to exceed oil for the first time ever. But there's still major concern about the unevenness of that growth. The IEA points out that more than 90% of that increase comes from advanced economies and China. Joining Julia to discuss is IEA Executive Director Fatih Birol.
Also on today's show: World Bank President David Malpass, who's stepping down on June 30 after serving more than four years.
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The US Congress has very little time left to avoid a default. Whether that happens or not, even flirting with the prospect has big consequences for investors in US assets like US government bonds, which are supposed to be the safest assets to own. Imagine you provide a product whose value is tied to the US dollar and investors trust that you have exactly the same amount of cash or bonds, for example, to back it up. In very simple terms, that is how a stablecoin works. Circle is a financial service company that issues one of the world's largest, known as a USDC. Stablecoins facilitate trades in cryptocurrencies, but they're also used to lend, borrow and send payments around the world with lower transaction costs. Joining Julia to discuss is Circle CEO Jeremy Allaire.
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While much of the recent talk about artificial intelligence has focused on how this powerful technology can be abused, there can be huge creative benefits as well. The software giant Adobe is making it easier than ever before to enhance images with lifelike effects. Joining Julia to discuss is Scott Belsky, chief strategy officer and executive VP of design and emerging products at Adobe.
Also on today's show: Author Ashley Vance discusses his new book, When the Heavens Went on Sale (The Misfits and Geniuses Racing to put Space Within Reach).
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From solving climate change to improving electric vehicle battery technology, tackling some of the world's most challenging problems remains beyond the reach of even the world's most powerful supercomputers. Hoping to change that, IBM just announced a 10-year, $100 million dollar initiative to develop a quantum supercomputer. For more on this, Julia spoke exclusively with IBM CEO Arvind Krishna.
Also on today's show: Nikos Vettas, general director of the Foundation for Economic and Industrial Research.
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According to the global charity Oxfam International, G7 nations owe $13 trillion dollars to developing countries in aid that was promised but never delivered, as well as funding for climate action. Oxfam Interim Executive Director Amitabh Behar says, "It's time to call the G7's hypocrisy for what it is: an attempt to dodge responsibility and maintain the neo-colonial status quo." He joins Julia to discuss.
Also on today's show: Raj Ramanand, CEO of Signifyd, an end-to-end fraud protection company.
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Data collected from millions of entrepreneurs all around the world has been pulled together for the first time in a global index measuring their economic benefits. The information was collated by Shopify, the global commerce platform that says it's effectively a one-stop shop for retailers selling online and beyond. Joining Julia to discuss is Shopify President Harley Finkelstein.
Also on today's show: Sheila A. Smith, the John E. Merow senior fellow for Asia-Pacific studies at the Council on Foreign Relations (CFR).
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Around a fifth of 12-19-year-olds in the US are obese, according to the CDC, which also warns that adolescent mental health remains in crisis. Both issues are on the radar of the gym chain Planet Fitness, which markets itself as a "judgment-free zone." It's allowing high school teens to work out for free in its clubs in the US and Canada over the summer. Joining the show to discuss is Planet Fitness CEO Chris Rondeau.
Also on today's show: Eswar Prasad, Tolani Senior Professor of Trade Policy at Cornell University.
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Whether it's a conversation with an AI interface like ChatGPT or a computer-generated video telling us the news, recent leaps in artificial intelligence have given humans new powers of creativity. But with it comes new risks, particularly when it comes to "deepfakes," defined as synthetic media that have been digitally manipulated to replace one person's likeness convincingly with that of another. Joining the show to discuss is former Google CEO and Chairman Eric Schmidt, who tells Julia it's increasingly difficult to determine whether what we see can be trusted.
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Since the emergency of ChatGPT and Google's Bard there's been plenty of talk -- and certainly some warnings -- about the rapid adoption of artificial intelligence (AI) and its impact on education. Pearson, the British publishing and education company, says AI has been a big part of its work for years. Then last week it announced plans to further integrate AI into its products. Joining Julia to discuss is Pearson CEO Andy Bird.
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Venus Aerospace is determined to make the world a much smaller place with a promise to fly you from San Francisco to Tokyo or Houston to London in just an hour. The US startup is working on a rocket-powered, hypersonic plane called the Stargazer. It will be designed to carry 12 passengers within the Earth's atmosphere at nine times the speed of sound. Joining Julia to discuss is Venus cofounder/CEO Sarah "Sassie" Duggleby.
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Disney posted a mixed earnings report for the second quarter. The company said it lost four million paid subscribers for Disney+ but narrowed its financial losses for the streaming channel to just under $660 million -- the result of charging more for subscriptions, cutting marketing expenditures, and looking to boost advertising. Joining Julia to discuss is Tim Nollen, senior media tech analyst at Macquarie.
Also on today's show: Vonn Christenson, cofounder/CEO of ZeroNox, a California-based electrical equipment manufacturer.
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Zero-emission truck maker Nikola has made a major shift in strategy. It's selling operations in Europe and refocusing on demand in North America. Production of its hydrogen-fueled trucks is set to begin this summer, and the company is also promising to deliver mobile refueling stations to get around the lack of hydrogen supply. Nikola stock fell nearly 13% yesterday after the company announced a quarterly loss of $170 million. Joining Julia to discuss all this is Nikola CEO Michael Lohscheller.
Also on today's show: Hadi Partovi, CEO of the education nonprofit Code.org, talks about the need to embrace AI as a teaching tool.
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Fears of a potential debt default by the United States continue to rise as a deadline to get a deal done approaches. President Joe Biden is meeting with Republican lawmakers today to try to get the issue resolved. Joining us to discuss is Greg Valliere, chief US policy strategist at AGF Investments.
Also on today's show: Melinda Haring, nonresident senior fellow at the Atlantic Council's Eurasia Center; Jared Spataro, Corporate Vice President, Modern Work & Business Applications at Microsoft.
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The clock is ticking toward a possible US debt default. President Joe Biden is expected to meet congressional leaders tomorrow after the vast majority of Senate Republicans said they'd refuse to raise the debt ceiling unless there are spending cuts. Joining the show to discuss is Kristina Hooper, the Chief Global Market Strategist at Invesco.
Also on today's show: A.K.M. Musha, Sudan Country Director at Concern Worldwide.
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Among the dignitaries taking part in Saturday's historic coronation ceremony of King Charles will be the Lord Mayor of London, Nicholas Lyons. He leads the City of London Corporation and is a global ambassador for the UK's financial and professional services industry. He joins Julia in London.
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A "radically changed business environment." That's the standout phrase from the earnings report for the shipping giant Maersk, whose operating profits in the last quarter fell by over two-thirds. While the results weren't as bad as many expected, they came with a warning of weaker numbers perhaps to come -- all this as industry capacity is increasing just as demand is changing course. Joining Julia to discuss is Maersk CEO Vincent Clerc.
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The US Federal Reserve is set to release an important interest rate decision later today against the backdrop of fresh tremors in the banking sector and the still-unresolved debt ceiling crisis. Joining the show to discuss is Michael Gapen, managing director and head of US economics at BofA Global Research.
Also on today's show: Pandora CEO Alexander Lacik.
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US investors are gearing up for a host of significant indicators on the economy this week, including new data on job openings today, the Fed's policy meeting tomorrow (with another interest rate decision due), a fresh reading on jobless claims Thursday, and a critical jobs report Friday. Joining the show to discuss all this and more is John Petrides, portfolio manager at Tocqueville Asset Management.
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US investors were greeted early this morning with the news that JPMorgan Chase is buying most assets of First Republic Bank after the nation’s second-largest bank failure ever. While the deal protects First Republic's depositors, it will surely spark new concerns about consolidation in the US banking industry and how recent banking uncertainties will affect industry lending. Joining the show to discuss is Gerard Cassidy, head of US bank equity strategy at RBC Capital Markets.
Also on today's show: Mark Smith, VP of humanitarian and emergency affairs at World Vision, one of the largest humanitarian agencies with a presence in Sudan.
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In a time of inflation, stock market volatility, slowing economic growth, and bank failures, an increasing number of investors are turning to art. According to Statistica, global art sales rose 3% last year to nearly $68 billion. Artsy connects almost 4,000 galleries, auction houses, art fairs and institutions in over 100 countries with art collectors. Joining the show to discuss is Artsy CEO Mike Steib.
Also on today's show: Mark Zandi, chief economist at Moody's Analytics.
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Citroën has set its sights, or rather its headlamps, on Southeast Asia, India, and South America. The French automaker, which has been part of Stellantis since 2021, sees the regions as high-potential, fast-growing markets. Citroën is launching a brand-new model and spearheading the effort is a new brand CEO. His name is Thierry Koskas and he joins the show live from the launch in New Delhi.
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The Mexican restaurant chain Chipotle, with over 7,000 locations across North America, served up better-than-expected earnings in the first quarter. The chain, which expanded its footprint with 41 new restaurants this year, says that higher menu prices have helped it increase revenue by 17% year-on-year. Joining the show to discuss is Chipotle CFO Jack Hartung.
Also on today's show: International Energy Agency Executive Director Fatih Birol.
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Barnes & Noble is the world's largest retail bookseller and is in the middle of its largest expansion in over a decade. The chain plans to open 30 new stores this year, including two that are former Amazon stores. It also plans to remodel at least 90 existing stores. Joining Julia to discuss is Barnes & Noble CEO James Daunt.
Also on today's show: His Royal Highness Prince Constantijn van Oranje, Special Envoy of Techleap, the Netherlands’ startup ecosystem accelerator.
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While Moscow is threatening to terminate the crucial Black Sea grain export deal if the G7 bans exports to Russia, the G7 itself wants to see the deal extended and expanded. Business executive and major philanthropist Howard Buffett knows full well the consequences of failure. He's just returned from his seventh trip to Ukraine since Russia's invasion and promised to double his humanitarian support for the country. He joins Julia to discuss.
Also on today's show: Sumant Sinha, founder and CEO of Renew, one of India's leading clean energy companies.
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IKEA, the world's largest furniture retailer with a presence in 31 countries, opened its first US store in 1985. It recently announced it will beef up its efforts in America with an investment of $2.2 billion in new stores and pickup sites, creating an estimated 2,000 new jobs. Joining Julia to discuss his company's expansion plans is Javier Quiñones, CEO/CSO at IKEA US.
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A huge task for the people of Ukraine is helping those injured in the war rebuild their lives. The Superhumans Center, a state-of-the-art medical center, opened its doors last weekend. It will provide prosthetic limbs, rehabilitation, PTSD treatment and reconstructive surgery to wounded soldiers and civilians -- all for free. Joining Julia to discuss is Superhumans cofounder Andrey Stavnitser.
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The controversy and confusion over artificial intelligence (AI) continues to rise. Just this week a winner in the Sony World Photography Awards refused his award because the image was made using AI. And a song using AI-generated vocals replicating the voices of Drake and the Weeknd was pulled from several streaming platforms, raising questions about copyright laws. Amid calls from some industry leaders to pause AI development, what's best for our society at large and how do we learn to better use this technology? Joining Julia to discuss is author, venture capitalist, podcaster, and cofounder of LinkedIn, Reid Hoffman.
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As smoke and gunfire fill the air in Sudan's capital Khartoum, CNN is hearing that Germany is preparing for a possible evacuation operation. A spokesman tells us special forces are on standby. Watching the situation closely is international security firm Global Guardian, which provides emergency services for Sudan's largest cities. Joining Julia to discuss is Global Guardian CEO Dale Buckner.
Also on today's show: CNN's Vedika Sud's special report on the opening of Apple's first physical store in India.
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Opening statements in Fox News' high-stakes trial were supposed to start today. But in a surprise twist Sunday night, the judge pushed back the start of the $1.6 billion case until Tuesday. Dominion Voting Systems has accused Fox of knowingly broadcasting lies and conspiracy theories about its voting machines after Donald Trump lost the 2020 election. Fox has denied wrongdoing, saying the US Constitution protects the rights to free speech. Joining Julia to discuss the case is renowned First Amendment attorney Floyd Abrams.
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Today's show comes to you live from the Washington, DC headquarters of the International Monetary Fund, where finance ministers, central bank governors, and thought leaders are meeting amid what the IMF called "a fog of economic uncertainty." Among Julia's guests are World Bank President David Malpass, Allianz adviser Mohamed El-Erian, and Eurogroup President Paschal Donohoe.
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The New York International Auto Show is underway in Manhattan and one big theme is the future of electric vehicles. It comes as the US government is preparing to issue new emission standards that could make about two thirds of new passenger vehicles sold in the US all-electric in less than a decade. Nissan is speeding ahead with electrification, recently announcing a plan to have 27 electrified models by 2030. Joining the show to discuss is Jérémie Papin, senior vice president of Nissan Motor and chairperson of Nissan Americas.
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The concept of "buy now, pay later" (BNPL) is firmly embedded in the global shopping landscape. Apple is the latest to join the fray in letting consumers pay for purchases over time. Back in 2020 the sector was worth around $90 billion. That number is set to explode to nearly $4 trillion by 2030. Klarna is a leader in BNPL and is now incorporating ChatGPT functionality to improve the shopping experience. Joining Julia to discuss is Klarna CEO Sebastian Siemiatkowski.
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What started out as a kitchen disaster turned into a kitchen gadget with plans to reshape food waste in the home. After Viktor Nicholas' garbage disposal broke during a party he quickly discovered a number of issues surrounding disposals. Soon after, Sepura Home was born. Joining Julia to discuss is Sepura cofounder and CEO Victor Nicolov.
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With warm weather finally on the horizon and the pandemic in the rearview mirror, travel companies are gearing up for a further surge in demand. Booking Holdings, with brands including Booking.com, Priceline, Rentalcars.com, Kayak and Open Table, says it had a record month in January with over 90 million room nights booked. The company says gross bookings soared 58% last year to $121 billion. Joining Julia to discuss is Booking CEO Glenn Fogel.
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We're heading into a big weekend for foodies with the holidays of both Easter and Passover taking place at the same time. Countless consumers will be snapping up produce to make feasts for their families. But how is food inflation, post-Covid changes and tightening budgets changing the dynamic this year? Joining Julia to discuss is Stew Leonard Jr., President/CEO of supermarket chain Stew Leonard's.
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How would you feel about eating woolly mammoth meat? Seriously. Vow, an Australian cultured meat startup, is on a mission to mix and match cells from unconventional species to create an entirely new kind of meat -- all without slaughtering animals. Their team made a mammoth meatball by injecting mammoth DNA into the muscles of a sheep and then filling in a few gaps with an African elephant's DNA, the mammoth's closest, non-extinct relative. Joining Julia to discuss is Vow Chief Scientific Officer James Ryall.
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The latest supercar from legendary automaker Lamborghini is a plug-in electric with three motors and a V12 engine. It's called the Revuelto, which means "mixed up" in Spanish, which sums up the combination quite nicely. Joining Julia to discuss is Lamborghini CEO Stephan Winkelmann.
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There is no new episode of the First Move showcast. If you haven’t already, please check out CNN’s other podcasts and showcasts at cnn.com/audio.
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Most of us are likely familiar with the concept of lab-grown meat. Well, startup Shiok Meats wants to put lab-grown seafood onto our dinner plates. The company says it's close to getting regulatory approval to sell their product in Singapore with the aim of entering restaurants in the middle of next year. That would give food fans a cruelty-free and more sustainable seafood alternative. Joining Julia to discuss is Shiok cofounder/CEO Dr. Sandhya Sriram.
Also on today's show: AGF Chief US Policy Strategist Greg Valliere.
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There is no new episode of the First Move showcast. If you haven’t already, please check out CNN’s other podcasts and showcasts at cnn.com/audio.
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Chatter about ChatGPT has soared this year. Now, a group of AI leaders and tech executives -- Elon Musk and Steve Wozniak among them -- has released a letter calling for a six-month pause in certain paths of development, citing potential risks to society and humanity. It comes just two weeks after the firm OpenAI announced an even-more-powerful version of its rival chatbot tool. Joining Julia to discuss is AI pioneer Yoshua Bengio, another signee of the letter.
Also on today's show: Matt Gialich, CEO of AstroForge, a mining startup hoping its refining process can work on asteroids in space.
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With a change at the top, is ride-hailing firm Lyft ready to change gear? Investors certainly hope it has the ability to close the gap with Uber. After going public in 2019, Lyft has struggled to recover from a pandemic slump and has lost ground to its biggest rival. Despite cost cutting it's failed to turn a profit, with projections this year below expectations. Joining Julia to discuss is new Lyft CEO David Risher.
Also on today's show: Ham Serunjogi, cofounder and CEO of Chipper Cash, a fintech company serving more than five million customers across the African continent.
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Israeli PM Benjamin Netanyahu has paused controversial plans to overhaul the country's judicial system. His proposals have divided the country and sparked weeks of protests and widespread strikes. They've also prompted a backlash from Israel's vibrant tech sector, most notably Papaya Global, which is one of Israel's most successful startups. Its HR and payroll platforms are used in over 160 different countries, and it has a valuation of $3.7 billion. But in January Papaya CEO Eynat Guez moved the company's funds out of Israel, blaming the uncertain business climate on political instability. And she's now urging her peers to do the same. She joins Julia to discuss.
Also on today's show: Economist Mohamed El-Erian gives us his take on the recent crisis in the banking sector.
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The National Association of Manufacturers (NAM) is the largest manufacturing association in the US. Its members are from every industrial sector and all 50 states. Its latest survey found that nearly two thirds of manufacturers believe Europe is an important market for their company and that 77% support negotiating new agreements with European nations. Joining the show to discuss is NAM President/CEO Jay Timmons.
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In the ongoing fight against breast cancer, the American Cancer Society notes that screening mammograms miss around one in eight breast cancers. Now one London-based startup is looking to change that with artificial intelligence. Founded in 2016, Kheiron Medical Technologies is helping radiologists detect breast cancers earlier with its AI screening product. Joining Julia to discuss is Kheiron CEO Dr. Peter Kecskemethy.
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Yesterday's quarter-percentage-point interest rate hike by the Federal Reserve indicates the central bank is not letting up on its mission to curb inflation, even amidst stressors in the banking sector. Joining the show to provide insight into the Fed's thinking is Nathan Sheets, Global Chief Economist at Citigroup, who worked at the Fed for 18 years.
Also on today's show: Julia talks to US House Representative Debbie Dingell (D-MI) about today's testimony by TikTok CEO Shou Chew, who will face the House Energy and Commerce Committee during his first appearance before Congress.
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It's decision day once again for the Federal Reserve as it weighs its next move on interest rates amid a banking crisis and stubborn inflation. Do they go bold like the European Central Bank (.5% hike) or choose a more modest .25% hike? There's also the camp calling for policymakers to take a time out. Joining Julia to discuss is Jason Furman, former Chairman of the Council of Economic Advisers who's currently a professor of economics at Harvard.
Also on today's show: Ayisha Siddiqa, a member of the UN Secretary General's Youth Advisory Group and cofounder of Polluters Out. The 24-year-old recently appeared on the cover of Time as one of the magazine's Women of the Year.
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It's a high stakes balancing act for the Federal Reserve as policymakers weigh their next move in the battle to tame inflation. Will they hold back from more rate rises because of the stress in the banking sector? Will they follow the European Central Bank's footsteps and raise rates by half a percentage point? Or will they go with a more modest quarter-point hike? Joining the show to discuss is Bill Dudley, who served as president of the New York Federal Reserve from 2009 to 2018.
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It was another remarkable weekend in the global banking sector, as Switzerland's biggest bank, UBS, agreed to buy its ailing rival Credit Suisse in an emergency deal worth $3.2 billion. Credit Suisse shareholders will be largely wiped out, although shares will retain a fraction of their value. The same cannot be said of owners of $17 billion worth of additional tier one bonds -- they will lose everything. Joining the show to discuss is Vincent Kaufmann, the CEO of Ethos Foundation, a holder of more than 3% of Credit Suisse stock. Ethos is composed of 246 Swiss pensions and public utility foundations.
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It's been a week filled with uncertainty for the banking sector, investors and consumers. The collapse of Silicon Valley Bank and subsequent government takeover, the Credit Suisse stock crash, and yesterday's $300 billion big bank bailout of First Republic have given the Fed a lot to consider ahead of its upcoming interest rate meeting. Former IMF Chief Economist Ken Rogoff, now a professor of economics at Harvard, has repeatedly warned of financial instability if the central bank continues to raise interest rates. He joins Julia to discuss.
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Julia’s special guest today is venture capitalist Bradley Tusk. He argues that Silcon Valley Bank’s sudden collapse shows that financial regulators are unprepared for bank runs in the age of social media and says major platforms such as Twitter and Instagram should be required to flag major spikes in activity concerning financial institutions to allow regulators to get ahead of possible problems faster.
Also on today’s show: Kristina Hooper, chief global market strategist at Invesco.
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Brex is a fintech startup that aims to be a one-stop financial shop for startups and small businesses, offering a deposit account, a corporate credit card and lines of credit as well as expense management tools. Since its 2017 launch it's taken on over 20,000 clients from startups to well-known brands such as Airbnb and Door Dash. After the sudden collapse of Silicon Valley Bank, Brex was inundated with calls from businesses in need of immediate credit lines. Fortunately, they weren't required after the US government stepped in, but Brex founder and co-CEO Henrique Dubugras says the fall of SVB is a pivotal moment for the industry.
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US markets rose across the board in early trading today, likely thanks to an encouraging CPI report showing inflation continuing to cool. That could give the Fed some breathing room to hold rates steady next week, given recent pressures on the banking sector. Joining Julia to try and sort things out is Mark Zandi, chief economist at Moody's Analytics.
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President Biden addressed the nation this morning to emphasize the banking system is "safe" following the collapse of Silicon Valley Bank -- the second-largest bank failure in US history. Biden outlined a number of steps his administration is taking to address the issue. But the big question remains: How did this happen? Sultan Meghji, the former chief innovation officer at the Federal Deposit Insurance Corp, joins the show to discuss.
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New data from the Labor Department shows the US added another 311,000 jobs in February, once again far exceeding economists' expectations. The unemployment rate ticked higher (3.6% from 3.4%) and average hourly wages rose 0.2%. Nela Richardson, chief economist and co-head of the ADP Research Institute joins the show to discuss.
Also on today's show: Julia speaks with Wells Fargo Senior Analyst Mike Mayo about the troubles at Silicon Valley Bank (SVB), which is reportedly exploring a sale after selling billions of dollars of assets to make its customers whole and sparking a panic on Wall Street this week.
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JustAnswer is a Bay Area-based online question-and-answer service that connects users with experts in various subjects. Just about one year ago, Julia spoke with the company's founder/CEO Andy Kurtzig and his daughter Jamie about their decision to travel to the Ukrainian border during spring break to deliver medical supplies and help refugees. Since then, JustAnswer has been in the western city of Lviv to treat Ukrainians suffering from PTSD and other mental health conditions. Andy Kurtzig rejoins the show today from Lviv.
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Today is International Women's Day. It's an opportunity to recognize and celebrate the major role women play in leadership and beyond around the world. Today's featured guest is Ngozi Okonjo-Iweala, a widely respected international finance expert who has shattered many glass ceilings, including becoming the first woman and first African to lead the World Trade Organization as Director-General.
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Danish toy giant LEGO celebrated its 90th anniversary last year by out-gaining its rivals and gaining market share. The iconic company reported a jump in revenue of nearly 17% due to new products, a strong digital presence and resilient supply chains. Joining Julia to discuss is LEGO Group President/CEO Niels Christiansen.
Also on today's show: Aicha Evans, CEO of autonomous vehicle company Zoox, talks about their new robotaxi shopping service.
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The role of indigenous peoples in protecting our planet cannot be overstated. According to the World Bank, they make up about 6% of the world's population but safeguard as much as 80% of the earth's precious biodiversity. On today's show, Julia welcomes Kartiki Gonsalves and Guneet Monga, whose Oscar-nominated documentary The Elephant Whisperers highlights the bond that humans have with the earth and the animals that inhabit it.
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South Korea boasts Asia's fourth-largest economy and is home to familiar global brands like Samsung, LG and Hyundai. It also plays a delicate balancing role in the complex geopolitics between east and west, particularly the US and China. CNN's Richard Quest sat down for an exclusive interview with South Korean Prime Minister Han Duck-soo.
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Last April, Julia spoke with entrepreneurs Nikita and Valentina Blanc about their decision to leave their home and family in Moscow due to the Russian invasion of Ukraine. They're the founders of a startup called HeyEveryone, which offers companies a way to automate investor communications. Today they joined the show from their new home in Georgia.
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Nigeria, Africa's largest nation, has declared a new leader after a highly disputed presidential election. Officials say Bola Ahmed Tinubu won the contest despite a growing outcry from opposition parties. A top priority of his will be tackling economic issues like inflation, unemployment and the recent bank notes shortage in an economy where 90% of transactions are made in cash. That's something today's featured guest, Tayo Oviosu, knows well. He's the Founder/CEO of Paga, a Nigerian money transfer firm that processes over $800 million of transactions each month by allowing users to digitally send and receive money and access financial services via their app or one of their many retail agents. He joins Julia from Lagos.
Also on today's show: Will Marshall, Cofounder/CEO of Planet Labs, which designs, builds and operates a constellation of over 200 imaging satellites in orbit, capturing daily snapshots of the world.
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"So far so good." That's what US Treasury Secretary Janet Yellen told CNN yesterday regarding the fight against inflation. While she acknowledged inflation is still too high, she believes a soft landing is on the radar. Joining the show to discuss is Mark Zandi, chief economist at Moody's Analytics.
Also on today's show: Matt Rogers, who originally pioneered the Nest Learning Thermostat, talks about his latest venture Mill, a startup that collects discarded food products.
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Nigerians are anxiously waiting to find out who will lead the country after the hotly contested presidential election over the weekend. Like in many countries the last few years have brought on a number of challenges, including the pandemic, volatile energy prices and a currency at an all-time low. Joining the show to discuss is Nigerian Finance Minister Zainab Ahmed.
Also on today's show: CNN's Nic Robertson brings you breaking news on an apparent deal between the UK and the EU to overhaul the Northern Island Brexit protocol.
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Today is the one-year anniversary of Russia's invasion of Ukraine. And while much of the world is marking this solemn event with very visible displays of solidarity with Ukraine, there is still no obvious path to ending the war. Former Ukrainian President Petro Poroshenko has laid out what he calls "The Poroshenko Plan" -- seven steps he believes the world needs to take to cripple Vladimir Putin and the Russian economy. He joins the show to discuss.
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In 2013, a year after she survived a brutal attack by the Taliban, activist and Nobel Peace Prize Winner Malala Yousafzai founded the Malala Fund with her father to improve access to education for young women around the world. Three years later, Malala and airbnb cofounder Joe Gebbia traveled to Kenya and Rwanda to work on girls' education in refugee camps. That trip began a multiyear partnership between the two. Gebbia just announced a $25 million donation to the Malala Fund -- its largest donation to date. They both join the show to discuss their efforts.
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After one year of war the economic cost to Ukraine continues to mount. Since the Russian invasion began, Ukraine's economy has seen a 30% decline, average inflation last year was around 28%, and the unemployment rate hit 30%. Even with major support from the US, the EU and others, the government may still need about $10 billion more to meet its financial needs. Joining the show to discuss is Ukraine Finance Minister Serhiy Marchenko.
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Vladimir Putin announced today that Russia is suspending its participation in the new START nuclear arms reduction treaty. US Secretary of State Antony Blinken called the decision "deeply unfortunate and irresponsible." Joining Julia to discuss is Ben Judah, director and senior fellow at the Atlantic Council and author of Fragile Empire: How Russia Fell in and Out of Love with Vladimir Putin.
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As Ukraine continues its defense against Russia's nearly yearlong invasion, Lithuanian President Gitanas Nausėda says "red lines must be crossed" when it comes to sending military support to the country. He's been a staunch supporter throughout the war and has urged the west to consider sending fighter jets. Nausėda joins the show to discuss.
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Ahead of the one-year anniversary of Russia's war in Ukraine, the UN Refugee Agency just released its response plan for this year. They say more than $1.1 billion is needed: $600+ million to fund needs inside Ukraine and another $500+ million for those nations that are hosting displaced Ukrainians. Joining the show to discuss is UN Refugee Agency Deputy Commissioner Kelly Clements.
Also on today's show: Julia interviews Michael Norcia, cofounder/CEO of Pyka, a San Francisco-based startup that makes autonomous electric aircraft.
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Julia Chatterley returns with an exclusive interview with World Bank President David Malpass, who announced yesterday that he's stepping down early -- almost a year before his term expires. Among the many issues he dealt with was support for the Covid-19 pandemic, record financing for climate change, the war in Ukraine and the devastating earthquake in Turkey (for which the World Bank has pledged nearly $1.8 billion for emergency assistance).
Also on today's show: Dan Ives, managing director of equity research at Wedbush Securities.
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Despite facing global economic challenges including a pandemic and a spike in supply chain-related costs, Japanese beverage giant Suntory Holdings -- home to such iconic brands as Maker's Mark and Jim Beam -- just reported record full-year revenue and profit. Joining the show to discuss is Suntory CEO Takeshi Niinami.
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Normally we would spend Valentine's Day talking to a company like Godiva about chocolate. But the Turkish-owned firm, like thousands across the region, has also been affected by the deadly earthquake and is now stepping in to help, providing more than $10 million of aid through shipments of supplies and financial donations as well as specially produced products. Joining us to provide details of the company's efforts is Godiva CEO Nurtaç Afridi.
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Last week the S&P 500 posted its first down week of the year, confirming fears among those who feel that stocks rose too far and too fast in January, especially given ongoing uncertainties with borrowing costs. Fed officials are now warning that interest rates may have to head higher than expected if inflation doesn't cool fast enough. Joining the show to discuss is Mohamed El-Erian, chief economic advisor at Allianz and president of Queens College at Cambridge University.
Also on today's show: World Central Kitchen founder Jose Andres joins us live from Turkey to discuss his team's efforts to feed those impacted by last Monday's devastating earthquake.
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Rescue efforts continue in Turkey and Syria following Monday's massive earthquake, where the death toll now exceeds 22,000. UNICEF says its immediate focus in Syria is to ensure children and families have access to clean drinking water and sanitation, and that separated and unidentified children can be reunited with their families as soon as possible. Joining the show to discuss is Angela Kearny, the UNICEF representative in Syria.
Also on today's show: An estimated $16 billion will be wagered on this Sunday's Super Bowl, and betting site FanDuel is a big part of the action. We check in with FanDuel CEO Amy Howe.
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As the death toll from Monday's earthquake approaches 20,000, the desperate task of getting food and supplies to survivors is especially difficult in war-torn Syria. Joining the show to discuss is Rula Amin, Senior Communications Advisor and spokesperson for the United Nations High Commissioner for Refugees (UNHCR).
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The death toll following Monday's devastating earthquake has surpassed 11,000. One of the international organizations helping Turkey and Syria is Direct Relief, a non-profit that provides emergency medical assistance and disaster relief. Joining the show to discuss their efforts is President/CEO Thomas Tighe.
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The latest US jobs report out this morning blew past economists' expectations as the country added another 517,000 jobs in January. The unemployment rate fell to 3.4%, a 50-year low. Joining the show to discuss is ADP Chief Economist Nela Richardson.
Also on today's show: Vishen Lakhiani, founder and CEO of Mindvalley, an online personal-growth platform.
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The Bank of England (BoE) and the European Central Bank (ECB) each raised their interest rates by 50 basis points today. The goal of course is to bring down inflation, but there are other potential consequences, most notably on growth. Joining the show to discuss is Vítor Constâncio, former VP of the ECB and former governor of the Bank of Portugal.
Also on today's show: Alexander Sixt, co-CEO of the rental car company that bears his last name, talks about the firm's expansion in the US market.
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It promises to be a challenging few days for global investors. In the next 24 hours the US Federal Reserve, the Bank of England, and the European Central Bank are all expected to raise borrowing costs yet again. Meanwhile, some of the heavy hitters in the tech world, including Apple, Meta, Amazon and Alphabet are set to release Q4 results on Thursday. Plus, the January US jobs report will be released on Friday. Joining the show to try and sort all this out is Julia Coronado, the president and founder of MacroPolicy Perspectives (MPP), an independent research firm.
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The deficits in Ukraine's power systems remain significant, according to the country's national energy company Ukrenergo. The power grid is still recovering from damage caused by Russian missile attacks, and all regions are subject to power outages as demand continues to outstrip production. Attacks on the electrical grid are also putting a major strain on Ukraine's communication network. Joining the show to discuss is Ismet Yazicki, CEO of Lifecell, the country's third-largest mobile telephone network.
Also on today's show: As NASA gears up to announce its first crew to blast off to the moon in five decades, we give you an exclusive look at the secret selection process as well as a list of possible candidates.
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Diageo makes some of the world's most iconic drink brands, including Johnny Walker, Guinness and Smirnoff. While consumers in other countries have let the premium drinks flow over the past six months, the outlook for spirits hasn't been as bright in the US. But despite rising prices and global geopolitical uncertainty, Diageo remains confident. Joining the show to discuss is Diageo CEO Ivan Menezes.
Also on today's show: Gordon Johnson, Founder/CEO GLJ Research; United Airlines CEO Scott Kirby.
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Earnings angst is weighing on Wall Street after disappointing results from the likes of Boeing and Microsoft. Growth concerns and forward earnings guidance are sure to be key drivers of market sentiment in the days ahead. Joining the show to discuss is Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management.
Also on today's show: Former Ukraine Defense Minister Andrii Zahorodniuk, now an adviser to the Zelensky government.
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It's a busy week for earnings, with Microsoft, Verizon, GE, Johnson & Johnson, Texas Instruments and Lockheed Martin among the big companies reporting today. Art Hogan, Managing Director and Chief Market Strategist at B. Riley Investments predicts more good news than bad, with two-thirds of firms beating estimates. He joins the show to discuss.
Also on today's show: We take a deep dive into the controversial new technology known as ChatGPT, a machine learning model that can generate human-like text.
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The Biden document drama intensified Friday as the FBI discovered an additional batch of classified papers at his Wilmington, Delaware home. Democrats are increasingly uneasy about the political damage to Biden as he prepares to formally announce his candidacy for a second term. Joining the show to discuss is Greg Valliere, chief US policy strategist at AGF Investments.
Also on today's show: Leland Miller, CEO of the independent data platform China Beige Book.
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A key theme at the World Economic Forum in Davos is climate change. Julia speaks with UN Secretary General Antonio Guterres about global efforts to tackle the crisis.
Also on today's show: Spain Prime Minister Pedro Sánchez.
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Microsoft's announcement this week it plans to lay off 10,000 workers shows that, like others in the tech sector, the company isn't immune from the forces of economic slowdown. Microsoft President/Vice Chair Brad Smith joins Julia in Davos to discuss.
Also on today's show: International Energy Agency Executive Director Dr. Fatih Birol, Hong Kong Stock Exchange (HKEX) CEO Nicolas Aguzin.
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It's day two of the World Economic Forum in Davos, and among the attendees joining Julia are International Monetary Fund Managing Director Kristalina Georgieva, US Special Presidential Envoy for Climate John Kerry, and NATO Secretary General Jens Stoltenberg.
Also on today's show: Spain Prime Minister Pedro Sanchez, Finland Prime Minister Sanna Marin.
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Today's show comes to you live from the World Economic Forum in Davos, Switzerland - the first in-person WEF since the pandemic began. A cold-but-excited Julia Chatterley is joined by Intel CEO Patrick Gelsinger, who discusses recession risks, semiconductor demand and the US move to subsidize domestic chip production.
Also joining the show: Robin Vince, president and CEO of BNY Mellon.
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Australian metals giant Fortescue is behind a $25 billion investment fund for reconstruction in Ukraine. The company is transitioning into green energy and resources, investing massively in electric- and hydrogen-powered vehicles and helping make its mining operations carbon neutral. Joining the show to discuss is Fortescue Founder/Chairman Andrew Forrest.
Also on today's show: Mike Sommers, President and CEO of the American Petroleum Institute.
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"When it comes to Washington, the state of American business is fed up." That was the message from US Chamber of Commerce President/CEO Suzanne Clark yesterday during the annual State of American Business address. She joins the show to discuss.
Also on today's show: John Petrides, portfolio manager at Toqueville Asset Management.
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Today saw a volatile pre-market session after the release of an encouraging US inflation report for December as the CPI fell 0.1%. This is the last CPI report till the Federal Reserve meets at the end of this month. Markets have been hoping the Fed will continue to slow the pace of rate hikes and boost them by only .25% this time around. Joining Julia to discuss is Kristina Hooper, chief market strategist for Invesco.
Also on today's show: Sumant Sinha, chairman and CEO of Renew Power, a major player in India's renewable energy market.
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The global economy is "perilously close to recession." That's the latest assessment by the World Bank, which estimates global growth at just 1.7% this year -- a substantial drop from its previous targets. Joining Julia to discuss is World Bank President David Malpass.
Also on today's show: John Deere CTO Jahmy J. Hindman touts the company's latest developments in farming and construction.
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After the 2008 financial crisis, Bernie Madoff became a household name, synonymous with one of the biggest financial crimes in history. A new, four-part Netflix docuseries, Madoff: The Monster of Wall Street, dives into Madoff's multibillion dollar Ponzi scheme and just how he was able to fool the world for decades. Joining Julia to discuss is director Joe Berlinger.
Also on today's show: Dr. Paul A. Newman, chief scientist at NASA's Goddard Space Flight Center, tells a climate change success story.
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Fashion brand Esprit has made a significant international comeback, returning to the US with popup stores in Los Angeles and New York just months after it reopened in Asia. It's a dramatic shift after the company retreated from most markets except Germany. Espirit bounced back to profitability last year for the first time in five years. New Esprit CEO William Pak joins the show to discuss the company's global makeover.
Also on today's show: The Twitterverse has spoken, with 57% answering Elon Musk's poll on whether he should step down by voting "yes." Wedbush Securities Managing Director Dan Ives shares his take on the latest Twitter turmoil.
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Brazil's three branches of government officially denounced yesterday's riots by supporters of ousted President Jair Bolsonaro, calling them acts of "terrorism." Protestors have been given 24 hours to leave or face being arrested. Joining Julia to discuss is Gustavo Ribiero, founder and editor-in-chief at The Brazilian Report.
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In a potentially encouraging sign on inflation, the latest jobs report shows the US added a higher than expected 223,000 jobs in December. KPMG’s Chief Economist, Diane Swonk, joins us to give her reaction to the report, and discusses the factors affecting the uneven recovery of different employment sectors after the pandemic.
Plus, Daria Shapovalova, Co-founder of DressX, joins us to talk about becoming Meta’s first digital-only clothing company.
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With the dawning of a new year and the pandemic seemingly slipping into the rearview mirror, travel companies are gearing up for what they call "revenge travel" - people taking vacations to make up for lost time during lockdowns. Joining us to discuss is Glenn Fogel, president and CEO of Booking Holdings (Booking.com, Priceline, Kayak, Rentalcars.com, etc.).
Also on today's show: Nela Richardson, chief economist at ADP.
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Today began with another selloff in the crude oil markets following yesterday's steep decline. Energy markets in general are being affected not only by prospects for a global recession but by events in Ukraine. And the global challenges certainly don't end there. Joining us to discuss is Tina Fordham, a geopolitical strategist and advisor working at the intersection of geopolitics, financial markets and the drivers of social change.
Also on today's show: Rich Gelfond, CEO of IMAX, talks about the return of blockbuster movies.
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In 2016 Rwanda partnered with drone delivery company Zipline to deliver blood across the country. At the end of last year Zipline announced a $61 million deal to expand the partnership. Joining us today to discuss is Zipline CEO Keller Rinaudo Cliffton.
Also on today's show: Invesco Global Market Strategist Brian Levitt gives us his take on what investors can expect in 2023.
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Nearly 100 years ago the Norwegian explorer Roald Amundsen made the first flight over the North Pole in an airship. Now, Sweden's OceanSky Cruises is planning to take passengers back to the Arctic in a "sustainable and luxury experience." OceanSky Founder/CEO Carl-Oscar Lawaczeck joins the show to discuss.
Also on today's show: Anna Ashton, director of China corporate affairs for Eurasia Group.
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"Journalism does not need Twitter. It cannot win a fight with Elon Musk on Musk's home turf." That's what tech investor (and former advisor to Mark Zuckerberg) Roger McNamee wrote in his latest op-ed about Musk's turbulent Twitter takeover. He joins Julia to discuss.
Also on today's show: Benjamin Netanyahu is sworn in as Israeli PM for the sixth time and will lead the country's likely most right-wing government ever.
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Beijing is responding to reports that the US is considering travel restrictions on people arriving from China. This news follows China's decision to drop Covid quarantine requirements for arrivals on January 8. Joining Julia to discuss is Shehzad Qazi, managing director of China Beige Book, the biggest private data collection network in China.
Also on today's show: Planet Fitness CEO Chris Rondeau, WNWN (pronounced "win win") Food Labs cofounder/CEO Dr. Johnny Drain.
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It's been a challenging 12 months overall for stocks amid multiple interest rate hikes intended to bring down inflation. The S&P 500 is off 19% in 2022, while the NASDAQ has plummeted 33%. The big questions as we approach the new year: Can we avoid a recession? Will inflation continue to ease and at what pace? And will the Federal Reserve make a market-friendly pivot. Joining Julia to gaze into his crystal ball is Mark Zandi, chief economist at Moody's Analytics, where he directs economic research.
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No rest for US investors on the final trading day before Christmas as the market opens mostly lower despite an encouraging new look at the Fed's favorite measure of inflation. Investors are perhaps focusing a bit more on new durable goods numbers which fell more than 2% last month, which was much worse than expected. Joining us to try and sort things out is CFRA Chief Investment Strategist Sam Stovall, author of The Seven Rules of Wall Street.
Also on today's show: Rick Cotton, the Executive Director of the Port Authority of New York and New Jersey, talks about the port's explosive growth and how it's helping alleviate supply chain issues.
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Stocks are hobbling toward the finish line with the S&P 500 down 18% and the NASDAQ slumping 30% in 2022. And the New Year won't be a walk in the park either, with major global central banks vowing to keep hiking interest rates until inflation subsides. Joining the show to discuss is UBS Chief Economist Paul Donovan.
Also on the show: Former US Ambassador to Ukraine William Taylor.
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Ukranian President Volodymyr Zelensky is set to meet today with President Biden at the White House. It's his first trip outside Ukraine since Russia invaded the country back in February. Joining Julia to discuss is Gen. Wesley Clark, a former NATO Supreme Allied Commander.
Also on today's show: Fred Lalonde, co-founder and CEO of popular travel app Hopper.
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For many who celebrate Christmas, the age-old question comes up every year: Do we get a real or fake tree? Last year the American Christmas Tree Association estimated the market for artificial trees at between $1-2 billion annually. Joining Julia to discuss is Mac Harman, CEO of Balsam Hill, which manufactures high-end artificial trees as well as home decor for Christmas and other seasons.
Also on today's show: European Commissioner for Economy Paolo Gentiloni.
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Yesterday the Dow suffered its worst one-day loss since September, and US markets continue to decline this morning. Retail stocks are one of the worst-performing sectors after new data showed inflation-weary consumers pulling back on spending. And as we head into the last two weeks of the trading year, many are worried both the S&P 500 and the NASDAQ will be testing their 52-week lows. Joining us to discuss is world-renowned economist Jeremy Siegel, a professor at the Wharton School of the University of Pennsylvania.
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The Bank of England raised interest rates by half a percentage point to 3.5% today, its ninth increase in a row as it continues to try and cool high inflation. The news came as nurses across much of the UK launched a historic strike, walking out of hospitals and onto picket lines after several years of falling pay and declining standards that have left the country’s nationalized health care system in a state of crisis. Joining us to discuss the situation is Berenberg Bank Senior UK Economist Kallum Pickering.
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Inflation and its effect on consumers remain front and center on the minds of fast-food chains like Yum! Brands. Shares of Yum!, famous for brands like KFC, Taco Bell and Pizza Hut, have held up well in these challenging times, rising nearly 20% over the past six months. Joining Julia at the NYSE to discuss is Yum! CEO David Gibbs.
Also on today's show: Seth Berkley, CEO of Gavi, the global vaccine alliance.
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The life story of buccaneering Virgin Group founder Sir Richard Branson is filled with brave endeavors and daring adventures. More than 40 companies now make up the Virgin empire, employing over 60,000 people in 35 countries. Branson is now the subject of a four-part docuseries on HBO and he joins Julia to discuss his remarkable career.
Also on today's show: Defense attorney Renato Mariotti, a former federal prosecutor, weighs in on the arrest of former FTX CEO Sam Bankman-Fried.
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Despite an economic slowdown across much of Europe, the Greek government is forecasting 5.6% growth in 2022, with a comeback in tourism and strong domestic consumption both playing their parts. Foreign investors have taken note, with foreign direct investment (FDI) of $5 billion last year. Joining Julia to discuss is Yainos Kontopoulos, CEO of ATHEX Group, the parent company of the Greek stock exchange.
Also on today's show: Julia interviews the brand-new CEO of shipping giant Maersk, Vincent Clerc.
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In a world of uncertainty over global recessionary risks, inflation, rising interest rates, currency pressures and the pandemic hangover of high government spending, investors have been left hunting for opportunities. Those looking to embrace emerging markets would be advised to listen to today's featured guest, Mark Mobius, who calls himself the "Indiana Jones of emerging markets investing."
Also on today's show: Since its inception in 2002, The Global Fund has raised over $55 billion to fight AIDS, tuberculosis and malaria. Joining Julia to discuss is The Global Fund Executive Director Peter Sands and Chelsea Clinton, Vice Chair of the Clinton Foundation and the Clinton Health Access Initiative.
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The announcement that Time has selected Ukraine President Volodymyr Zelensky (and the "spirit of Ukraine") as its 2022 Person of the Year comes as his office issues a powerful statement saying Russia has resorted to using "cheap methods" of waging war. The Ukrainian military says it shot down 14 Iranian attack drones overnight, just one day after Russia claimed Ukraine carried out three drone strikes on its airbases, two of which were inside Russian territory. Joining us to discuss is Ian Bremmer, the president and founder of Eurasia Group, a political risk research and consulting firm.
Also on today's show: Travis Katz, President/CEO of electric vehicle maker BrightDrop. The company says it's on track to reach $1 billion worth of revenue in 2023, just its third year of existence.
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It's clearly the season for spending, but it arrives at a difficult time for both consumers and the global economy. Last year the buy-now, pay-later market was worth $132 billion. They forecast it will grow to nearly $4 trillion by 2030. And that's certainly something industry pioneer Klarna is looking to capitalize on. Klarna CEO Sebastian Siemiatkowski cofounded the company in 2005 and joins Julia to discuss.
Also on today's show: Her Excellency Sarah Al Amiri, Minister of State for the UAE's Public Education and Future Technology.
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Pet ownership in the US and UK soared during the pandemic. With more than 1,500 locations across the US, Mexico and Puerto Rico, Petco continues to hunt the post-pandemic growth opportunities, most recently partnering with Nationwide Insurance and Marriott Hotels. Petco CEO Ron Coughlin joins Julia to discuss.
Also on today's show. Helima Croft, Global Head of Commodity Strategy at RBC Capital Markets.
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A wave of layoffs has spread through the tech industry, with companies like Meta, Amazon and Twitter all announcing significant job cuts in recent weeks. So, what's happening in tech and what does it mean for the economy? CNN anchor Poppy Harlow spoke with someone who knows Silicon Valley better than most, entrepreneur Reid Hoffman, the man who co-founded LinkedIn.
Also on today's show: Following the protests in China over its strict zero-Covid efforts, Beijing may be incrementally peeling back those policies. Joining the show to provide perspective is Professor Susan Shirk, former deputy assistant secretary of state in the US Bureau of East Asia & Pacific Affairs and author of Overreach: How China Derailed its Peaceful Rise.
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Fed Chair Jay Powell's remarks about possibly scaling back the bank's interest rate hikes prompted a Wall Street rally. Are we entering another bull market? Plus: Disgraced ex-FTX CEO Sam Bankman-Fried opens up about his failed cryptocurrency biz. And: President Biden welcomes French President Emmanuel Macron to the White House. Sophie Pedder, Paris Bureau Chief for the Economist, provides perspective.
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Investors are bracing for a speech from Fed Chair Jerome Powell later today and will be listening carefully for any clues on the pace of future interest rate hikes. Among the many who will be trying to read Powell's tea leaves is our featured guest, Invesco Chief Global Market Strategist Kristina Hooper.
Also on today's show: Lamborghini is about to release its last pure-combustion model as the company transitions to hybrids. Joining us to discuss is Lamborghini CEO Stephan Winkelmann.
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Health officials in China are promising to modify how some Covid-19 restrictions are applied following massive protests over the government's zero Covid policy. Joining the show to share his insights on both the protests as well as China's overall economic outlook is Leland Miller, CEO of the China Beige Book.
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China's leadership is doubling down on its commitment to a strict zero-Covid policy as protests erupt in cities across the country. Sharing his perspective is Michael Hirson, head of China research at investment strategy firm 22V.
Also on today's show: Shopify President Harley Finkelstein, Luxembourg Finance Minister Yuriko Backes.
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As consumer spending kicks into high gear ahead of the holiday season there's pressure on retailers to source products from around the world in good time and at the right price. Shippers are grappling with high fuel costs, tight spending budgets, and in the US, two potential rail strikes that could impact up to 40% of cargo imports. But there's some good news: foreign shipping costs are significantly lower than last fall. Flexport has been disrupting the international freight shipping industry, and its founder and co-CEO Ryan Peterson joins Julia to discuss how his company's unique, cloud-based approach works.
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China's zero-Covid policy continues to wreak havoc on the country's economy. Joining Julia to discuss is Michael Pettis, a nonresident senior fellow at the Carnegie Endowment for International Peace. An expert on China’s economy, Pettis is professor of finance at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets.
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Today is the busiest travel day of the year in the US as more than 50 million Americans head off for their Thanksgiving holidays. 48,000 flights are scheduled today, and the low-cost carrier Frontier is trying to differentiate itself from its rivals with an all-you-can-fly pass. Joining Julia to explain how it works is Frontier CEO Barry Biffle.
Also on today's show: Stew Leonard's President/CEO Stew Leonard Jr.
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Chances are your Thanksgiving feast this year will cost considerably more than in 2021 due to inflation and supply chain issues. Turkey prices alone are up 24% from last year. Butterball is the world's largest turkey producer, supplying one third of all Thanksgiving turkeys. On today's show Julia talks turkey with Butterball CEO Jay Jandrain.
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"In the best case, Elon Musk is a visionary. He sees things we can't. He does things we can't. The least generous explanation is that Musk is essentially no different than Donald Trump or Kanye West." Those are the words of Venture Capitalist Bradley Tusk, who previously worked as a political strategist for former New York Mayor Michael Bloomberg and communications director for Senator Chuck Schumer. Tusk talks Twitter today with Julia.
Also on today's show: The team behind the new short film Barefoot Empress, which tells the inspirational story of a 96-year-old Indian woman who pursues her dreams of going to school.
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Twitter is in turmoil after the social media giant locked out its remaining workforce. Many employees are resigning, rejecting Elon Musk's ultimatum to work "extremely hardcore." Dan Ives, Managing Director and Senior Equity Research Analyst at Wedbush Securities has been a tech analyst on Wall Street for over two decades covering the technology sector, and he joins the show to share his perspective on the Twitter mess.
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The implosion of FTX has once again raised big questions about the future of crypto and provided more ammunition for those who remain skeptical about crypto, blockchain and all forms of the underlying technology. Joining Julia to assess the situation is the head of the giant crypto exchange Coinbase, Brian Armstrong.
Also on today's show: SEC Commissioner Hester Peirce weighs in on the FTX mess and its potential impact on government regulation of the industry.
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Last year the global buy now, pay later market was worth $132 billion. It's now estimated by some to grow to $3.38 trillion by 2030. One of the newest players in this burgeoning market is UK-based Zilch, which says it passed three million users this month. Joining Julia to discuss is Zilch CEO Philip Belamant.
Also on today's show: The latest developments on the missile strike in Poland.
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New data released this morning shows US wholesale prices rose by 8% year-over-year last month, a slower pace than September's 8.5%. Has the Fed done enough to curb inflation? Julia puts that crucial question to Nobel Prize-winning economist Paul Krugman.
Also on today's show: Christine Romans reports on the fallout following the implosion of the crypto currency exchange FTX.
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Amazon's Jeff Bezos plans to give away most of his fortune in his lifetime. In an exclusive interview with CNN's Chloe Melas, he says he'll devote most of his $124 billion wealth to fighting climate change and healing social and political divisions. Following excerpts from the interview, Chloe joins Julia to discuss.
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Delegates at the ongoing COP27 summit continue to talk about ways to slow climate change. One initiative is the Agricultural Innovation Mission for Climate (AIM), which was launched last year at COP26 by the United States and the United Arab Emirates. Joining Julia to discuss AIM is US Secretary of Agriculture Tom Vilsack.
Also on today's show: Christie's CEO Guillaume Cerutti talks about the just-concluded auction of the late Microsoft co-founder Paul Allen's renowned art collection which raised over $1.6 billion for charity.
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Russia's brutal attacks on Ukraine's energy infrastructure are putting innocent lives at risk as the country heads into the bitter winter weather. Russia managed to destroy 30% of Ukraine's power stations in a week. Joining Julia to discuss is Ukraine's Energy Minister Herman Halushchenko.
Also on today's show: We dig into the latest CPI data, which indicates inflation may be finally slowing; IMAX CEO Richard Gelfond talks about what the company expects to be a blockbuster weekend with the release of Black Panther: Wakanda Forever.
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With control of the House and Senate up for grabs today, what might the results mean for investors? That's one of the questions we ask today's featured guest, AGF Investments Chief US Policy Strategist Greg Valliere.
Also on today's show: As the crucial COP27 meetings continue, we hear from a former NBA champion who's pioneering a project to prevent climate-related disasters.
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COP27 began with a stark warning from the UN Secretary General: "We're on a highway to climate hell." And it isn't just about saving the planet ... it's about protecting our health. According to the WHO, less than 1% of multilateral climate finance is currently directed to health-related projects. Julia's featured guest today, Seed Global Health co-founder and CEO Vanessa Kerry, says investing in health systems around the world is essential to economic and social wellbeing as well as national security, and that includes protection against climate-related shocks by investing in our health care workforces.
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Despite the Fed's historic series of interest rate hikes intended to slow the economy and tame white-hot inflation, just-released numbers from the Bureau of Labor Statistics show the US added another 261,000 jobs in October, significantly exceeding expectations. Joining Julia to discuss is Nela Richardson, Chief Economist at ADP.
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A successful global transition to greener energies relies on huge progress in emerging markets, since they will contribute the vast proportion of electricity demand growth over the next two decades. The good news is the World Bank believes emissions in developing countries can be reduced by as much as 70% by 2050 by investing an average of just 1.4% of GDP each year. Joining Julia to discuss is World Bank President David Malpass.
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Despite reported earnings of more than $10 billion in the last quarter, shipping giant Maersk warns of "dark clouds on the horizon," citing a looming global recession, high inflation, and the energy crisis brought on by the Ukraine war. Joining Julia to discuss is Maersk CEO Søren Skou.
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At China's just-concluded Communist Party Congress, President Xi Jinping shook up the party's leadership, installing those most loyal to him while removing those viewed as having a focus on reform. Frequent China critic Kyle Bass, founder and chief investment officer of Hayman Capital, says Xi "installed a war cabinet." He joins Julia to discuss.
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Brazil's President-elect Lula da Silva's narrow win over Jair Bolsonaro (who has yet to concede) comes as his country recovers from its worst recession ever, high inflation, the fallout from the pandemic, and an ongoing education crisis. Joining Julia to discuss the immense challenges Lula faces is Alberto Ramos, the head of Latin America Economic Research at Goldman Sachs.
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Wasting no time making his presence felt after completing his $44 billion Twitter takeover, Elon Musk fired the troubled social media giant's CEO and other top execs. Among the burning questions regarding Twitter moving forward: Will Trump be back, and how will Twitter change for users, if at all? We discuss the all the ins and outs in today's show.
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Doctors and other medical professionals have joined protesters in Iran following the death earlier this month of Mahsa Amini. Hundreds of injured protesters are turning to people like Dr. Kayvan Mirhadi, an Iranian American doctor based in New York. They hope he can connect them to doctors based in Iran who are willing to help. He joins Julia to discuss.
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A bitter winter is approaching in Ukraine, and the war's taken a devastating toll on the energy industry. DTEK, the country's largest private energy company, is currently providing 20% of Ukraine's electricity but it says it needs help to fix and protect its facilities as the onslaught continues. Joining Julia to discuss is DTEK CEO Maxim Timchenko.
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Rishi Sunak is formally appointed as the UK Prime Minister after meeting with King Charles III at Buckingham Palace, and in his first public address, says economic stability and confidence will be at the heart of his agenda.
Plus, former Australian Prime Minister Kevin Rudd joins to discuss why a third term by Xi Jinping will likely lead to greater state control in China, why his economic policy is causing the Yuan to fall, and tells Julia why he thinks China needs to act now to pull Putin back from his nuclear threats against Ukraine. And, the Saudi ambassador to the US speaks exclusively to CNN about strained ties with Washington.
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40% of Ukraine's infrastructure has been damaged by Russian attacks. Joining Julia to discuss is Ukraine's Minister of Infrastructure Oleksandr Kubrakov.
Also on today's show: We go live to London as the Conservative party embarks on its search for a leader to succeed Liz Truss.
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Today's show begins shortly after UK Prime Minister Liz Truss announces her resignation after only six weeks in office, becoming Britain's shortest-serving PM ever. Joining Julia to discuss what doomed Truss and what to expect next are a plethora of guests, including CNN's Max Foster, Scott McLean, Anna Stewart, Richard Quest, and Christiane Amanpour; Conservative MP Tobias Ellwood; and former press officer for 10 Downing Street Mo Hussein.
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Amid growing calls in Parliament for her to resign, UK Prime Minister Liz Truss apologized today in the House of Commons but told MPs she has no intention of stepping down, saying, "I'm a fighter, not a quitter." Joining Julia to discuss Truss' chances of surviving is Ed Davey, leader of the Liberal Democrats.
Also on today's show: Mark Zandi, chief economist at Moody's Analytics.
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As the global recession warnings pile up, there remain a number of economic bright spots ... and India appears to be one of them. Joining Julia to explain why his country is unlikely to be hit as hard as other nations is Dinesh Kumar Khara, chairman of the State Bank of India.
Also appearing on today's show: Microsoft Vice Chairman Brad Smith.
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New UK Finance Minister Jeremy Hunt delivered an emergency statement today designed to stabilize financial markets and the economy. Joining us to discuss the crisis is investor, author, fund manager and columnist for the Financial Times Ruchir Sharma.
Also on today's show: Amid the ongoing protests in Iran, Julia welcomes Masih Alinejad, an Iranian dissident in exile and author of a new memoir, The Wind in My Hair: My Fight for Freedom in Modern Iran.
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Today's action-packed show comes to you live from the International Monetary Fund meeting in New York, which was abuzz with the news that UK Prime Minister Liz Truss had just fired Chancellor Kwasi Kwarteng and replaced him with Jeremy Hunt. Truss also revealed she was scrapping plans to reverse an increase in business taxes, a move that will save £18 billion ($20 billion), after a revolt by investors and members of her own Conservative Party worried about the impact of soaring government borrowing at a time of decades-high inflation.
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As NATO ministers meet today in Brussels, Russian missiles continue to rain down on parts of Ukraine. Kira Rudik, a member of the Ukrainian parliament, just returned to her country after traveling to Berlin for a major political conference. She joins us live from Kyiv.
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The European energy crisis and Russia's war against Ukraine are set to dominate discussions at the International Monetary Fund meeting in Washington. Joining us to discuss is Mairead McGuiness, European Commissioner for financial services, financial stability and Capital Markets Union.
Also on today's show: New data out this morning shows US inflation remains stubbornly high. We take an in-depth look at the numbers and what they mean for Wall Street and the economy.
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The Spanish government is defending the robustness of its economy despite the looming recession. The country's First Deputy Prime Minister Nadia Calviño says employment investment is now higher than before the pandemic and that helps strengthen the economy. She joins the show from New York, where she's meeting with investors.
Also on today's show: With Russia continuing to pound Ukraine with missile strikes for a second day, we get an update from Alexander Rodnyansky, advisor to President Zelensky.
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In a television appearance today, President Vladimir Putin said Russia had struck military and infrastructure targets across Ukraine following the Crimea bridge blast on Saturday. Putin threatened further "harsh" responses while accusing Kyiv of "terrorism." Ukraine has not claimed responsibility for the bridge attack. Joining us to discuss is Ian Bremmer, the president and founder of Eurasia Group, a political risk research and consulting firm.
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According to figures released today by the Bureau of Labor Statistics, the US added 263,000 jobs in September, while the unemployment rate dropped from 3.7% to 3.5%. Joining us to discuss the latest numbers is Julia Pollak, chief economist at ZipRecruiter.
Also on today's show: Board of the British Chambers of Commerce (BCC) Director General Shevaun Haviland.
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What's billed as the world's first solar electric car, the three-wheeled Aptera hopes to debut by the end of the year. Joining us to talk about this milestone project is Aptera Motors co-CEO and co-founder Steve Frambo.
Also on today's show: Former Ukrainian Minister of Infrastructure Volodymyr Omelyan.
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The UK government's flip-flop on its controversial plan to cut the tax rate on the wealthiest people remains a hot topic. Joining us to discuss is former Bank of England policymaker Martin Weale.
Also on today's show: Dan Ives, Managing Director at Wedbush Securities, reacts to yesterday's news that Elon Musk is ready again to buy Twitter.
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A new KPMG survey finds 86 percent of CEOs expect a recession in the next year. But Invesco Chief Global Market Strategist Kristina Hooper tells Eleni Giokos there are plenty of reasons to stay positive despite the tough economic environment.
Also on today's show: The world's first all-electric passenger aircraft -- Eviation Aircraft's "The Alice" -- just completed its first test flight. Joining Eleni to discuss the landmark achievement is Eviation President/CEO Gregory Davis.
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The UK government today canceled a controversial plan to cut the tax rate for the wealthiest people after the proposal sparked a huge backlash and turmoil in financial markets. It's a major setback for new Prime Minister Liz Truss and Finance Minister Kwasi Kwarteng. Joining us to discuss what went wrong is Kallum Pickering, senior economist at Berenberg Bank.
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The Bank of England is intervening in the UK's monetary crisis, pledging to do "whatever is necessary to restore orderly market conditions." Joining Julia to discuss is economist Mohamed A. El-Erian, the president of Queens' College, Cambridge.
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What does it take to be a great investor? Our featured guest today knows a little something about the topic. He's billionaire David Rubenstein, co-founder of the Carlyle Group and author of the new book How to Invest: Masters on the Craft.
Also on today's show: Emma McClarkin, CEO of the British Beer and Pub Association, who discusses how British pubs are struggling for survival amid inflation & rising energy costs.
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The UK has entered a "currency crisis," according to Vasileios Gkionakis, the head of European FX strategy at Citi. He joins the show to discuss.
Also on today's show: Jake Tapper's exclusive interview with British Prime Minister Liz Truss.
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So-called "voting" is underway in four Russian-occupied regions of Ukraine on the question of whether to join Russia, a process Kyiv and the West are calling a "sham" -- and that includes NATO Secretary General Jens Stoltenberg. He joins today's show to discuss.
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Is World Bank President David Malpass a climate change denier? That's been the burning question since Tuesday when, at a panel discussion at Climate Week in New York City, he refused to acknowledge that climate change is caused by humans burning fossil fuels. On today's show he attempts to set the record straight.
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Climate change and sustainability are still major topics at this week's UN General Assembly in New York. Australian iron ore company Fortescue Metals Group pledged yesterday to spend $6.2 billion to decarbonize by 2030. Joining the show to elaborate on this bold move is Fortescue Founder and Executive Chairman Andrew Forrest.
Also on today's show: With the Fed expected to announce yet another huge interest rate hike later today, we discuss its potential impact on the US stock market with CNN correspondent Marc Stewart.
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The UN General Assembly got underway today in New York -- its first in-person meeting since the pandemic. A hot topic expected to be discussed on the sidelines is Europe's reliance on Russian energy. As one of Europe's biggest energy companies, Enel Group is closely monitoring the situation. Joining us to discuss the geopolitics is Enel CEO/GM Francesco Starace.
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As King Charles pays his first visit to Wales since taking the throne, we explore his late mother's extraordinary legacy with Royal historian and author Elizabeth Norton.
Also on today's show: Ukraine's leader Zelensky shows reporters what he claims is another mass burial site ... We recap yesterday's meeting between Xi Jinping and Vladimir Putin.
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As part of CNN's continuing coverage of Queen Elizabeth II's final journey we welcome author Sally Bedell Smith, who has unique insight into the life of the royal family, having been granted special access by the Queen herself to her parents' letters and diaries.
Also on today's show: Andreas Bjelland Eriksen, the state secretary for the Norwegian ministry of petroleum and energy, who shares a new proposal to help deal with Europe's surging energy costs.
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The CDC says nearly a quarter of young adults in the United States were treated for mental health issues during the pandemic. Joining the show to provide coping strategies is mother, entrepreneur and author Mallika Chopra.
Also on today's show: David Bailin, Chief Investment Officer at Citi Global Wealth, explains why he remains optimistic about the US economy despite today's myriad challenges.
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Today's show is dual anchored by Julia and CNN's Max Foster, who joins us from Westminster as Boris Johnson says goodbye and Liz Truss becomes the UK's new prime minister.
Our special guest is Bitfury Group CEO Brian Brooks, who previously headed the federal government's Office of the Comptroller of the Currency, making him uniquely qualified to discuss the future of crypto regulation.
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The latest US jobs report out today shows 315,000 jobs were added to the economy last month, while inflation ticked up to 3.7%. Joining the show to put these latest numbers in perspective is Diane Swonk, chief economist of KPMG.
Also joining today's show is Zip Recruiter CEO Ian Siegel, who talks about the latest trends in the post-pandemic job market as well as his company's partnership with the White House to hire more school staff.
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Bugatti's new, $9 million Centodieci supercar is being billed as the last of the legendary automaker's nonelectric vehicles. CEO Mate Rimac joins the show to discuss the company's shift to hybrid and electric.
Also on today's show: Galiano Tiramani, founder and director of tiny home maker Boxabl.
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Today we're pleased to welcome New York Stock Exchange President Lynn Martin, who makes her first appearance on our program since taking on the role of president in January.
Plus: Europe's energy crisis deepens as Russia shuts downs a major natural gas pipeline again. And: Struggling retailer Bed Bath & Beyond announces a turnaround plan that includes substantial layoffs and store closings.
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Ukrainian forces begin a military operation to retake the Russian-occupied Kherson region. This, as international inspectors ready a high stakes visit to Ukraine's Zaporizhzhia nuclear power plant, which has been increasingly in the line of fire in the six-month war. CNN's Melissa Bell brings us the latest live from Kyiv. Plus, as tennis great Serena Williams competes in her last major tournament before retiring, we serve up a discussion on what's next for the 23-time grand slam winner. And, Sam Stovall, chief investment strategist for CFRA Research, analyzes the financial fallout following last Friday's candid speech by Fed Chair Jerome Powell.
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Today's show lifts off following CNN's live coverage of the scheduled Artemis 1 rocket launch to the moon, which had to be scrubbed because of issues with one of its rockets. Meanwhile, global markets continue to roil after Jerome Powell's "pain" prediction. We get an update from CNN business correspondent Rahel Soloman, followed by keen insight from John Petrides, portfolio manager for Tocqueville Asset Management.
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As today's episode begins we're waiting on a major development in the US government's classified document probe against former President Donald Trump. The Justice Department has until noon ET today to unseal parts of the affidavit used to justify its raid on Trump's Mar-a-Lago home. Global investors are also playing a waiting game, with Fed Chair Jerome Powell set to deliver his highly anticipated address in Jackson Hole, Wyoming. The speech could offer new insight into the Fed's Central policies as it battles high inflation. Prior to Powell's speech we interview Charles Schwab Chief Global Strategist Jeffrey Cline.
Also on today's show: Daniel Sperling, a member of the California Air Resources Board who voted Thursday in favor of banning sales of gas-powered cars in that state by 2035; Tjada D’oyen Mckenna, the CEO of Mercy Corps, on the crisis in Somalia.
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Today we bring you a special edition of First Move with an in-depth look at Ukraine as it celebrates its independence day six months after Vladimir Putin's forces invaded. Joining us to discuss Ukraine's future is Yuriy Boyko, the country's former vice prime minister as well as its two-time minister of energy. Boyko was designated a "Hero of Ukraine" in 2004. Also providing perspective: Andy Hunder, the president of the American Chamber of Commerce in Ukraine.
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A former Twitter exec turned whistleblower says the firm poses a threat to US national security. CNN Correspondent Donie O'Sullivan has our exclusive report. Plus: The State Department is advising Americans to leave Ukraine immediately, fearing Russia will ramp up attacks ahead of Ukraine's independence day tomorrow. CNN Senior International Correspondent David McKenzie reports live from Kyiv. And: What's next for Wall Street following yesterday's across-the-board selloff?
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Russian officials are searching for suspects after a car bomb killed the daughter of a prominent Putin supporter. The Kremlin is blaming Ukraine for the attack. Plus: Somali forces end a 30-hour siege at a hotel in Mogadishu. At least 21 people were killed and 50 were injured. The Al Qaeda-linked group al-Shabaab is claiming responsibility. And: It's looking like a rough start to the trading week with US futures falling and European stocks down sharply. We take a close look at global markets.
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Russia's continued shelling near the Zaporizhzhia nuclear plant prompt fears a wartime accident could spark a new Chernobyl. CNN's Sam Kiley joins us live from eastern Ukraine. Plus: The great Chinese heat wave fuels growing economic concerns.
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Ukrainian President Zelensky is huddling today with Turkish President Erdogan and UN Secretary General Guterres. The meeting comes as Russia claims it could shut down the Zaporizhzhia nuclear power plant.
Also on today's show: CEO of space tourism firm Zero-G Matt Gohd; President of the San Francisco Federal Reserve Mary C. Daly.
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The DJIA has now risen in five straight sessions, and the bulls are hoping retail results can help the rally continue. In the UK, however, the latest data shows inflation rose by more than 10% year-over-year in July -- a fresh 40-year high. We dig deep into the numbers in today's show, beginning with CNN's Chief Business Correspondent Christine Romans.
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Our top story today concerns the targeting of an ammunition depot in Russia-controlled Crimea, just a week after explosions destroyed several warplanes in the same region. Moscow is blaming "sabotage." We get a live report from CNN Senior International Correspondent David McKenzie.
Also on today's show: Wisdom from meditation expert Dr. Deepak Chopra, the force behind the "Never Alone" initiative tackling the stigma of mental health. And: The CEO of travel site Trivago on the post-lockdown "revenge travel" rush.
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Today marks one year since the chaotic US pullout from Afghanistan and the Taliban's power grab. While the war is over, the misery remains for millions of impoverished citizens. CNN Chief International Correspondent Clarissa Ward joins us live from Kabul. Plus, the nation's former central bank governor Ajmal Ahmady joins the show to discuss the economic battle ahead.
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Donald Trump says he won't block the release of the Mar-a-Lago search document. We have fresh reports into exactly why federal officials launched Monday's urgent raid. Plus: The fragile truce in the Black Sea allows desperately needed Ukrainian grain to be shipped. We get an update from the deputy minister of agriculture on plans to scale up those exports. And: The head of asset management firms Strive states the company should dump ESG mandates and put profits before politics.
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The Producer Price Index, considered a benchmark inflation figure, rose at an annual rate of 9.8% year-over-year in July. While that's still very high, it's significantly lower than the 11.1% increase in June. Combine that with a 0.5% drop in wholesale prices last month and there's reason for optimism that inflation may finally be softening.
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New data released today by the US Bureau of Labor Statistics spurs hopes that inflation has finally begun to plateau ... or even slow. Headline consumer prices rose at a year-over-year rate of 8.5% last month. While that's still near a 40-year high, it did ease from the 9.1% level in June. We dig deep into the latest numbers in today's show.
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The FBI searches former President Donald Trump's home. We discuss the political implications and the legal message conveyed. Plus: Meme stocks surge again. And: Another look at US CPI.
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The US Senate passes President Biden's $750 billion climate change and health care bill, but will it help bring down inflation? Plus: SoftBank's Vision Fund posts a $20+ billion quarterly loss due to the poor performance of growth stocks. And: China extends live fire drills around Taiwa, its biggest show of force in that area in decades.
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In what can only be described as stunningly strong employment data, the US added 528,000 jobs in July, far exceeding analysts' expectations. Will the new numbers ease concerns of an imminent recession? And what effect will this have on markets, not to mention the Federal Reserve?
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Today's show begins with US basketball star Brittney Griner apologizing to a Russian court, saying she had no intention of breaking any Russian laws. This comes after days of hearings in her trial for bringing hash oil into that country. She's been there since her arrest in February and now is waiting for a verdict, which is expected to come today. Prosecutors have asked for 9.5 years. Our coverage begins with a live report from CNN Sports Anchor Amanda Davies.
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US House Speaker Nancy Pelosi left Taipei this morning after stressing America's commitment to democracy in Taiwan. That, of course, further rankled China, which announced a series of missile tests and military drills over the next few days. Taiwan is saying that's tantamount to a blockade of its territory. We have it all covered, beginning with a live report from Taipei by CNN's Will Ripley
Also in today's show: OPEC announces a modest boost to oil production.
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As this episode begins, a plane carrying Nancy Pelosi is expected to touch down shortly in Taiwan, making the US Speaker of the House the highest-ranking American official to visit the country in a quarter of a century and prompting China to warn the US will "pay the price" if the visit goes ahead. Russia calls the visit "pure provocation." We take you live to Taipei, Beijing, and Washington DC for reaction and analysis.
Also on today's show: reaction to the US drone strike in Afghanistan that killed the world's most wanted terrorist.
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Today marks an important milestone in alleviating the global food crisis, as a ship carrying Ukrainian grain departed the port city of Odessa under a UN-brokered export deal. Plus: House Speaker Nancy Pelosi embarks on her closely watched Asian trip, which will include a visit to Taiwan despite warnings from China. And: With US markets just having wrapped up their most profitable month since late 2020, will the Federal Reserve soon begin to slow the pace of interest rate hikes?
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Amid this week's plethora of economic data on US and global growth, inflation, and stock markets -- along with the Fed's massive .75% interest rate hike -- Ukrainian President Zelensky and ambassadors from G7 nations are meeting in the port city of Odessa, all hoping the first grain shipments could leave as early as today. Ukraine says it's awaiting UN confirmation on safe shipping routes. Nick Robertson begins our coverage in Odessa.
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So, is the United States in a recession? Fresh economic data out today shows gross domestic product contracting 0.9% in the second quarter. That's on top of the more than 1.5% decline in the previous quarter. Two consecutive quarters of the economy shrinking has traditionally been defined as a recession. But many say that's overly simplistic and point to other data suggesting otherwise. We explore both sides of this crucial debate.
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Federal Reserve chair Jerome Powell is expected to announce another hefty interest rate hike today and investors will be laser focused on what he has to say about future moves. We explore all the possible scenarios and their potential impact on inflation and the economy.
Also on today's show: Nancy Pelosi's planned trip to Taiwan has China seeing red.
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In today's show we explore two big drivers of global economic growth: energy and the consumer. Europe's energy ministers meeting in Brussels were forced to agree on an emergency gas conservation deal just hours after Russia announced that the gas flow through the Nord Stream pipeline will be cut once more. Meanwhile, US consumers are running out of a different kind of gas. The nation's biggest retailer, Walmart, cut its full-year guidance citing households' weakened state, while consumer products giant Unilever says it's been forced to hike prices by 11% due to an "unprecedented cost landscape."
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US growth data scheduled to be released this week may determine whether we're headed toward a recession. After last week's NASDAQ gains, investors will be paying very close attention to earnings reports from tech giants Apple, Meta, and Microsoft, just to name a few. The most crucial data points will be out Thursday when the US releases its preliminary look at Q2 GDP. We have it all covered in today's show, including the very latest on the war in Ukraine.
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A deal to allow the safe transport of Ukrainian grain from the country's blocked ports will be signed today after talks between Russia, Ukraine, Turkey and the UN -- a major diplomatic breakthrough that should help ease a global food crisis. But ... it's complicated. CNN's international correspondent Jomana Karadsheh begins our coverage with a live report from Istanbul.
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The European Central Bank raises interest rates by 0.5%, their first hike in more than a decade. And the ECB's job has just been made harder due to political turmoil in one of its largest nations, Italy, as Prime Minister Mario Draghi resigns. Meanwhile, Russian gas is flowing once again to Europe through the Nord Stream pipeline, but at just a fraction of full capacity. The International Energy Agency is warning of an energy crisis for the continent. Agency head Fatih Birol joins the show to discuss.
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One day after the UK registered its hottest day on record, wildfires destroyed dozens of homes and buildings around London. It was the busiest day for the emergency responders there since the World War II. Meanwhile, extreme heat continues not only in Europe, but in the US and Asia as well. We bring you live reports from both the UK and Beijing.
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The UK declares a national emergency as it suffers through its hottest day on record, with extreme weather warnings throughout much of Europe as well as in the US. Heat advisories are also in effect across global financial markets as investors navigate a perilous summer landscape.
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Last month the European Central Bank confirmed it would raise interest rates 25 basis points at its next policy meeting. Well, that meeting is this Thursday. We explore what the ECB's first rate hike in over a decade may or may not do to fight inflation.
Also on today's show: This is a huge week for Netflix, which will report its second-quarter earnings tomorrow. It's shaping up to be one of the most consequential moments in the 25-year history of the company.
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China, which boasts the world's second largest economy, reports surprisingly weak growth for the second quarter, providing a worrisome jolt for everyone concerned we're headed toward a global recession. Plus, we have more big US banking results. And, a live report from CNN's Becky Anderson in Saudi Arabia, where President Biden is scheduled to meet with Mohammed bin Salman.
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President Joe Biden kicked off his four-day Middle East trip by signing a landmark agreement with Israel. The joint declaration with Prime Minister Yair Lapid emphasizes the US's deepening ties with Israel, embraces Israel's integration into the wider region, and promises to never allow Iran to obtain nuclear weapons. Next stop for Biden: a controversial face-to-face with Saudi Arabia's Mohammed bin Salman. Our extensive coverage of this crucial trip begins with a live report by CNN's Becky Anderson in Jeddah.
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Brand new inflation numbers show the Consumer Price Index rose a much hotter than expected 9.1% year over year rate last month. The core rate of that CPI number that excludes volatile food and energy prices also came in higher than expected. If there's any consolation it's that today's numbers are relatively backward looking, not recent enough to catch the significant drop that we've seen in US gas prices over the last few weeks. That said, all the recent talk we may be near an inflationary top appears premature yet again. We take a deep dive into the numbers and what they mean for the US economy moving forward.
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t's a somber day in Japan, as the nation pays final respects to Shinzo Abe. We bring you a live report from Tokyo. Plus, we focus on Sri Lanka's worsening economic crisis, which led to the falls of both of its leaders. We hear from a former finance minister and opposition MP about a way forward for the country. And, rising Covid cases in China are sparking fears of further economic restrictions. Macau casinos are now being forced to shut down for a week, triggering a steep fall in gaming stocks.
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Japan remains in a state of mourning and disbelief after the death of former Prime Minister Shinzo Abe. His wake took place today in Tokyo with the funeral service set for Tuesday. Following the shooting, Abe's Liberal Democratic Party won a landslide election victory. We discuss his life's work and what this election might mean for his economic and political legacy with Tak Niinami, the CEO of beverage giant Suntory, who served as Abe's senior economic adviser.
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Japanese citizens are in shock following the death of Shinzo Abe after the former prime minister was shot during a campaign speech. Police say the assassination suspect, a 41-year-old unemployed man, admitted to shooting Abe. According to police, the suspect said he holds hatred toward a certain group, which he thought Abe was linked to. He used a homemade gun in the shooting, and authorities confiscated several handmade pistol-like items from his apartment, police said. Abe was the longest-serving Japanese prime minister in history. He stepped down as leader in 2020, citing health reasons.
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UK Prime Minister Boris Johnson announced his resignation as leader of the Conservative party on Thursday, telling the British public that "the process of choosing that new leader should begin now and the timetable will be announced next week." Johnson indicated in his resignation speech that he plans to remain in post until a successor is chosen. That's what would happen under normal circumstances: a prime minister who has resigned as party leader stays in office as caretaker prime minister until there is a new party leader. But it’s not clear that the Conservative party will stand for that in Johnson’s case; many of his lawmakers have called for him to step down now. What happens next? That's the focus of today's show.
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British leader Boris Johnson once again vows to fight on despite the resignations yesterday of two of his top ministers who said they could no longer work for a government mired in scandal. This latest challenge comes as the British pound is at its weakest in two years. Can the embattled PM survive yet another blow? CNN correspondent Max Foster joins the show from London to discuss.
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European markets began today under some serious pressure. The catalyst: a strike by energy workers in Norway, western Europe's number one oil and gas producer. That strike is set to take a big chunk out of Norway's gas output this week at a highly fragile time with the EU already facing the threat of Russia abruptly turning off supplies and potentially pushing vital industries into crisis. And that's not the only strike causing disruption in Europe. We have all of that and much more covered in today's show.
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Vladimir Putin is praising his country's military after it took full control of the Luhansk region in eastern Ukraine. That was after Ukrainian forces withdrew from the city of Lysychansk after the weekend. But Ukrainian President Volodymyr Zelensky was defiant when he spoke to the nation on Sunday. CNN's Scott McClane joins the show live from Kyiv to separate fiction from reality.
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In his second day of testimony on Capitol Hill, Jerome Powell lends more credence to predictions of an economic hard landing, saying the Fed is "not trying to provoke" a recession but it's "certainly a possibility." That's exactly what major Wall Street bans have been telling us for months. Meanwhile, the energy crisis in Europe is accelerating, with Germany running short of natural gas, forcing it to escalate an emergency energy program.
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Investors are gearing up for the second half of the year after a challenging six months. 2022 has been the worst year since 1962, while the S&P posted its biggest six-month decline since 1970. Investors continue to worry about the same issues: rising prices, recession fears and Russia's war in Ukraine. Will we see fireworks ahead of Independence Day? CNN Business Correspondent Rahel Solomon shares her expectations for the rest of the year.
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Following yesterday's announcement that Turkey has agreed to support Finland and Sweden's bids to join NATO, the alliance today formally invited the two countries to become members. In his opening remarks at the 2022 NATO summit, leader Jens Stoltenberg discussed the alliance's new "Strategic Concept," which he said reflects the "new security reality, with Russia's brutal war shattering peace in Europe, along with a more dangerous and more complex set of threats, from terrorism to disruptive technologies and climate change." Today's show begins right after the conclusion of Stoltenberg's press conference as Julia welcomes CNN Chief International Correspondent Clarissa Ward.
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It's the final day of the G7 summit in Germany, with the meetings expected to focus on keeping critical military and economic aid flying to Kyiv as the battle for eastern Ukraine intensifies and Russia steps up its attacks on innocent civilians. Meanwhile, the economic consequences of war and sanctions are on full display in Russia, with Moody's ruling Monday the country is formally in default for the first time in more than a century. The White House says that's proof that western sanctions against Moscow are causing real pain for Putin. G7 leaders are also pondering placing a cap on oil exports, a move that could hamper Russia's ability to continue to fund the war. We have it all covered in this episode of First Move.
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Friday's Supreme Court decision overturning the constitutional right to abortion in the United States is reverberating across the world. Major US firms from Disney to JPMorgan and Apple are promising to provide financial support to workers who may need to travel for health care in other states. But what about small or business employees who are clearly hearing warnings about the economic impact of that Supreme Court decision? One study suggests denying women access to abortion will be damaging for the US economy as a whole. One of that report's authors joins the show.
Also: Russia defaults on its foreign debt for the first time in over a century
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Ukrainian forces are withdrawing from the key city of Severodonetsk, effectively ceding the city to Russia and putting the eastern Ukrainian region of Luhansk almost fullyunder Russian control following months of grueling and bloody fighting. CNN's Salma Abdelaziz reports live from Kyiv.
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Wall Street seemed set to begin this short trading week with solid gains on the first day of summer in the northern hemisphere. That would certainly provide solace for investors still reeling after last week's precipitous drops, not to mention the continued recession warnings from the likes of Goldman Sachs and Elon Musk. The latter opined that a recession is more likely than not. And US Treasury Secretary Janet Yellen warns prices will remain unacceptably high through the rest of the year. Julia and her guests cover those thorny topics and others in the Tuesday edition of First Move.
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US stock markets are closed Monday in honor of the Juneteenth holiday, providing investors a brief but perhaps welcome respite from last week's wild ride. Alas, there's no relief for Ukraine as Russia's invasion continues. And it's that ongoing war where our coverage begins today.
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Following a torturous Thursday for the US stock market, stocks began Friday in positive territory. We take an in-depth look back at a remarkably challenging week for global markets, as well as a look ahead to what we can expect in the future.
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As expected, the US Federal Reserve yesterday implemented a king-size rate hike of .75%. The European Central Bank is following suit with a queen-size .25% increase. US stocks rallied after the Fed's move. Is that confirmation that the Fed is now serious about tackling soaring prices? CNN's Christine Romans joins the show to discuss.
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A cornucopia of central bank action is taking place today. The main event: a rate hike decision from the Federal Reserve followed by a news conference by Chairman Jerome Powell. He's expected to confirm what the Fed strategically implied to a few select reporters earlier this week: a rate rise of .75%. Not to be outdone, the European Central Bank has announced an emergency meeting at which they will "apply flexibility and is working on an instrument to address rising bond yields in some member countries." What does all this mean? We attempt to answer that question in today's show.
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Following a miserable Monday that finished with the S&P 500 in bear market territory, all eyes are on the Federal Reserve. Goldman Sachs says they expect a three-quarter percent rate hike at tomorrow's meeting. If that prediction is correct, it would be the biggest one-day hike in borrowing costs since 1994. And that, of course, is going to have a clear impact on consumer activity and market mentality. Julia and her guests have it all covered in today's show.
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While for many around the world, summer is just around the corner. But for US consumers, the heat is already on. Red-hot inflation numbers just released show the US Consumer Price Index rose a worse-than-expected 8.6% on a year-over-year basis, driven by continued spikes in food and energy prices. CNN's Rahel Solomon walks us through the numbers.
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The European Central Bank will finally hike interest rates in an attempt to rein in soaring inflation, but not until July. The ECB plans to raise rates by 25 basis points at next month's meeting. It also announced significant cuts to its growth forecast stemming from the war in Ukraine. Anna Stewart, host of CNN's Marketplace Europe, joins Julia to provide more details.
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Ukrainian officials say Severodonetsk in eastern Ukraine is almost entirely decimated but still not under the control of Russian forces. As this episode of First Move opens, CNN reporter Salma Abdelaziz explains why the battle over what has essentially been turned into a wasteland is vitally important.
Also on today's show: how the war in Ukraine, China's Covid lockdowns, and rising prices are all weighing on the global economy.
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Ukrainian forces continue to defend the key city of Severodonetsk from Russian attacks. Ukrainian officials say the situation there is changing “every hour.” Meanwhile in the Black Sea, the Ukrainian navy says Russian ships have withdrawn 100 kilometers after its missile and drone attacks. Our coverage today begins with a live report from Kyiv.
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Britain's embattled Prime Minister Boris Johnson faces a confidence vote today. That's where lawmakers from his own Conservative party will decide if they still want him as leader. It requires 180 votes -- a simple majority -- to oust Johnson. CNN's Nada Bashir joins the show from Downing Street to explain the process and discuss what is likely to happen.
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Today's show begins just moments after the US Bureau of Labor Statistics released the latest jobs report -- a crucial piece of information for economists looking at signs of slowing growth as the Fed begins hiking rates. 390,000 jobs were added last month, a bit higher than anticipated, showing that the US job market remains very healthy but may be beginning to ease a bit. Meanwhile, the unemployment rate held steady at 3.6%. We take a deep dive into the numbers with CNN's Rahel Solomon.
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Jamie Dimon, CEO of America's largest bank, issues a stark warning, saying it's time to brace yourself for an economic "hurricane. We just don't know if it's a minor one or Superstorm Sandy. You better brace yourself." Dimon adds that that JPMorgan Chase is preparing for a "non-benign environment" and "bad outcomes." His dire forecast comes amid a turbulent time for investors increasingly worried about a recession. Our in-depth analysis of Dimon's remarks begins with CNN global business correspondent Rahel Solomon.
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A Ukrainian official says Russian forces now control 70% of Severodonetsk in the country's east, and that evacuations have been suspended as it's become impossible to import humanitarian aid. A thick orange cloud was visible over the city following an explosion at a chemical plant. Local militia claim the cloud contains nitric acid and blamed Ukrainian forces. Our coverage begins with CNN's Melissa Bell in Zaporizhya.
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EU leaders are holding a second day of talks after they already agreed on an almost total ban on Russian oil imports. The council is now looking to finalize such a ban by the end of the year. Our coverage of this key development begins with CNN's Anna Stewart.
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Putin's invasion is now targeting the city of Severodonetsk in the Luhansk region. Ukrainian officials say at least two people were killed, and five others were injured in the latest attacks. Meanwhile, Ukrainian President Zelensky visited troops on the front lines in Kharkiv on Sunday. It was his first trip outside the capital region since the invasion began in late February. Our coverage begins with a live report from CNN's Matthew Chance in Kyiv.
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Authorities now say the 18-year-old gunman who killed 21 Tuesday in Texas was not confronted by a school resource officer before he entered the building, contradicting previous police accounts. Questions are also growing around why officers were not able to stop him sooner. The shooter was inside the school for about an hour before he was killed by law enforcement. Frantic parents arriving at the scene say that they were held back by police. Building an accurate timeline is now a focus of the investigation. CNN's Shimon Prokupecz begins our reporting from Uvalde.
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Following an emotional update on the Texas school shooting tragedy, Julia continues CNN's extensive coverage of the World Economic Forum from Davos. Among the key topics: the consequences of phasing out reliance on Russian oil, and how to avoid a global recession.
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First Move's extensive coverage of the World Economic Forum continues in this episode. Today's top story from Davos: how the war in Ukraine has led to a global food crisis and what to do about it. European Commission President Ursula von der Leyen told attendees that Russia is "weaponizing not only energy supplies but food supplies" as well. She believes Europe must begin talks with Russia on getting wheat and other food exports flowing again to ensure global hunger doesn't worsen.
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Julia is in Davos for the first-ever springtime meeting of the World Economic Forum, and the first in-person WEC since the pandemic began. The key items on the agenda include the war in Ukraine, the global recessionary threat, worsening food shortages, and the Covid-19 pandemic. First Move will have it all covered for you this week, beginning with today's episode.
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President Joe Biden is in South Korea, kicking off his first trip to Asia since taking office. He joined the new South Korean President Yoon Seok-youl at a Samsung semiconductor plant. The main goal of his trip is to reassure America's Asian allies of its commitment to counter and contain China. The President is also bracing for the possibility of a nuclear test by North Korea. Our coverage begins with CNN's Paula Hancocks in Seoul.
Also in today's show: Rising recession fears -- how great is the risk?
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As today's show began, US stock futures pointed to deeper losses a day after a major selloff on Wall Street -- the biggest one-day decline since June 2020. Investors are increasingly worried about rising inflation -- and a possible recession -- after dire earnings reports from giants like Walmart and Target. CNN's Chief Business Correspondent Christine Romans explains what's going on and what we can expect moving forward.
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A new report from Human Rights Watch details numerous alleged crimes by Russian forces against civilians in northern Ukraine. Among them are 22 apparent summary executions and nine other unlawful killings. Meantime, in Kyiv, the first Russian war crimes trial since Moscow's invasion has begun. A 21-year-old Russian soldier accused of killing a 62-year-old man has pleaded guilty. CNN's Melissa Bell begins today's show from outside the courthouse.
Also: Finland and Sweden officially apply to join NATO.
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Russia continues artillery attacks across northeast Ukraine, targeting border villages. Why Putin's invaders chose this strategy isn't clear. Meanwhile, Ukraine says its combat mission in Mariupol is over, with commanders at the massive Azovstal plant ordered to save the lives of their personnel. More than 260 people left the plant Monday, but some Ukrainian forces remain there, and efforts are underway to get them out. CNN correspondent Melissa Bell begins today's coverage in Lviv.
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A Ukrainian unit says it has reached the Russian border and put down a blue and yellow stake with the message, "Mister President, we made it." As Russian forces are repelled near Kharkiv, Moscow is ramping up attacks in other areas. Today's show begins with a live report from Lviv, followed by live coverage of Sweden's Prime Minister announcing her country is pushing forward for NATO membership.
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Billionaire CEO Elon Musk announces his $44 billion deal to take Twitter private is now "on hold," then just hours later tweets he's not ready to walk away just yet. Twitter shareholders react negatively to the news as shares initially fall more than 20% before bouncing back a bit. What's Musk's endgame? Is he angling for a better price during this volatile time for tech?
Also in today's show: Israeli police use batons against mourners at a Jerusalem funeral; Russian forces pullback from Kharkiv.
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In today's show we take an in-depth look at the continued weakness in global financial markets, particularly the highly valued US tech stocks which were hammered in Wednesday's session. It's a massive repricing of risk as investors are slashing expectations of profitability in a world of slower growth and rising inflation.
Also in this episode of First Move: the latest from Ukraine, including more accusations of Russian war crimes. And, Finland moves closer to joining NATO.
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Ukraine says its troops have recaptured several areas near Kharkiv, and a video shows signs of a chaotic Russian retreat. According to President Zelensky, "The occupiers are gradually being pushed away from Kharkiv." Meanwhile, a top US intelligence specialist says Vladimir Putin is preparing for prolonged war in Ukraine and that Russian failures could usher in a dangerous new phase. And President Biden has urged Congress to act fast to pass a $40 billion aid package to help shore up Ukraine's defenses and address humanitarian needs. Our coverage begins with CNN's Scott McLean reporting from Lviv.
Also in today's show: We take a close look at brand new inflation figures.
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Prior to Russia's invasion, Ukraine was the world's fourth largest exporter of maize. But with the country's ports at a standstill and a Russian blockade enforced, President Zelensky urges the international community to step in to prevent a global food crisis. "This is not just a strike at Ukraine," he says. "Without our agrarian exports, dozens of countries in various regions of the world have found themselves on the brink of a food deficit."
Also in today's show: we explore the stunning, nerve-rattling volatility in the global stock markets, and why fears over the US economy in particular are proving to be kryptonite to crypto.
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Today's episode starts immediately after a live press conference by European leaders wrapping up their huge conference in Strasbourg, France. French President Macron, European Parliament President Roberta Metsola, and EU President Ursula von der Leyen talked about a message of unity regarding Vladimir Putin's invasion of Ukraine, especially in terms of how they're implementing sanctions against Russia. They also touched on Ukraine's long-standing goal to become part of the EU. CNN's Nick Robertson begins our in-depth analysis of the press conference.
Also in today's show: Vladimir Putin's former chief economic adviser joins us, plus breaking news from Sri Lanka.
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Zelensky says the bombardment of the Mariupol steel plant is now nonstop. Global financial markets are swimming in a turbulent sea of red. But one bright spot: the US added more jobs in April than expected.
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Those heartbreaking words are from a Ukrainian official as heavy shelling continues at the steel plant in Mariupol. CNN received new images revealing what hundreds of civilians have endured for weeks and months: relentless bombardment by Russian forces. President Zelensky says more than 340 people were evacuated from Mariupol to Zaporizhzhia Wednesday. He called for a ceasefire to allow more civilians to escape. Meanwhile, in the Luhansk and Donetsk region the Ukrainian military says Russia has had no success penetrating front lines in the past 24 hours. First Move's coverage today begins with a live report from Scott McLean in Lviv.
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“Putin must pay a price, a high price, for his brutal aggression,” European Commission President Ursula von der Leyen told the European Parliament as she announced a sixth round of sanctions against Russia. The EU is now proposing a ban on Russian oil imports and the removal of Russia's biggest bank from the SWIFT payment network. Meanwhile in Ukraine, heavy battles are being fought at the Mariupol steel plant according to that city's mayor. He says contact has been lost with the last Ukrainian defenders there. First Move's coverage today begins with an in-depth look at the latest EU sanctions proposal with CNN's Clare Sebastian.
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This episode of First Move begins just after we'd received word that 106 evacuees from the Azovstal steel plant in Mariupol were on buses making their way to Zaporizhzhia. After waiting all morning for confirmation, we did indeed receive video evidence of those buses arriving and people getting off those buses. CNN's Nick Paton Walsh was there to greet them.
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An attempt to evacuate people from the embattled Ukrainian city of Mariupol is underway. Over the weekend more than 100 civilians were ferried to safety from the besieged Azovstal steel plant, some seeing sunight for the first time in weeks or even months. The plant came under fire again Saturday night, according to Ukrainian forces. Meanwhile, two explosions were reported in Russia's Belgorod region overnight, just a few hours after a large fire broke out at military installation in the area. Russia has accused Ukraine of cross-border attacks on fuel depots and military facilities. Today's coverage begins with CNN's Nick Paton Walsh.
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Only hours after Ukraine said that it would try again to get civilians out of a steel plant in Mariupol, an official there says Russian forces blocked off a potential escape route. An operation to evacuate the plant had been scheduled for today. Hundreds of people are thought to be sheltering inside the plant, which has become symbolic of Ukraine's resistance. Meanwhile, there have been heavy strikes and counter strikes in the Donetsk region. We have it all covered, beginning with CNN's Nick Paton Walsh.
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Today's show begins as a clearly emotional UN Secretary-General Antonio Guterres is seeing for himself the horrors in Ukraine ahead of a meeting with President Zelensky. Guterres told CNN the war will continue unless "Russia decides to end it. And it won't be decided by meetings." Meanwhile, as Russian shelling intensifies across eastern Ukraine, civilians trapped in the region continue to rely on police officers determined to bring them the bare essentials. CNN's Sam Kiley was on the ground with them and brings us their story.
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As we came on the air today the White House had just confirmed the release of former US Marine Trevor Reed, who'd been detained in Russia since 2019. Reed, who was freed in a prisoner swap, was sentenced to nine years in prison in July 2020 for endangering the "life and health" of Russian police officers in an altercation. Reed and his family have denied the charges against him. Today's show begins with an emotional exchange with Reed's parents.
Also in today's episode: The latest on Russia's invasion of Ukraine, including an update on Moscow cutting off natural gas supplies to Poland and Bulgaria.
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Satellite images of Mariupol appear to show rows of mass graves. Russian soldiers are accused of burying the bodies of countless civilians including women and children. Mariupol's mayor is calling it evidence of war crimes. In the east, heavy fighting is reported in Donetsk and Luhansk. Evacuation attempts were interrupted by Russian shelling. Meanwhile, Ukraine's finance minister is in Washington for talks. Later in today's show we discuss what the country needs, who he singles out for their ongoing support, and why Ukraine will never surrender. But first, CNN's Matt Rivers reports from Lviv on the evacuation efforts.
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Today's show features two guests crucial to both the present and future of Ukraine: Yuriy Ryzhenkov, CEO of Metinvest Holding, the firm that owns the Azovstal steel plant in Mariupol currently surrounded by Russian forces; and Odile Renaud-Basso, the president of the European Bank for Reconstruction & Development (EBRD), which was established to help post-Soviet states fight for democracy.
Also on today's show: Shanghai citizens push back against China's controversial Covid lockdown, and the latest developments in Ukraine from our team of reporters on the ground.
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The last Ukrainian soldiers in Mariupol, sheltered in a steel plant surrounded by Russian forces, allow another deadline to surrender to expire and remain adamant they will not give in. The commander of Ukrainian forces there sent this message: "This is our statement to the world, and it may be our last statement, and maybe we have a few days or hours left. The enemy's units are ten times larger than ours, and they have supremacy in the air and on the ground, and they have tanks, and we are appealing to the world's leaders to help us." CNN's Matt Rivers begins today's coverage with a live report from Ukraine.
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In a critical moment in Putin's invasion of Ukraine, the battle for the Donbas region is underway. President Zelensky is vowing to fight on against a large scale Russian ground offensive. We've already seen efforts to break through Ukraine's front lines in three regions in the east. Meanwhile, in Mariupol, Russian forces have given that city's resistance fighters a second deadline to surrender. Today's coverage begins with a live report from CNN's Matt Rivers in Lviv.
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"No safe places left." Those are the words of a Ukrainian official in the eastern city of Luhansk, who says Russia is "shelling everywhere." He accused Russian soldiers of opening fire on people escaping in a car, killing four. And officials in nearby Kreminna say their city has been lost to Russians carrying huge amounts of equipment. Meanwhile, in Mariupol the resistance continues after troops rejected Russian demands to lay down their weapons or be "eliminated." And in Lviv in western Ukraine, which has mostly been spared from violence until now, Russian missile strikes killed seven people and injured 11 others. CNN's Matt Rivers is in Lviv and begins today's coverage.
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Cruise missiles strike a military facility near Kyiv just hours after Russia's prized warship Moskva sinks to the bottom of the Black Sea. The Ukrainians say the vessel was damaged by their anti-ship missiles. Meanwhile, in the east Russian forces continue to build as troops advance toward their main target, the Donbas. CNN's Ben Wedeman begins our reporting from eastern Ukraine.
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The flagship of the Russian Black Sea fleet was damaged and its crew evacuated. Russian state media say a fire broke out, but the Ukrainians are taking credit, saying it was targeted by anti-ship missiles. Meanwhile, 800 kilometers north in the Kharkiv region, images released by the Ukrainian government reportedly show a bridge that was blown up as Russian military vehicles were crossing. Ukraine says armored cars and trucks were destroyed in the attack. CNN's Matt Rivers reports on these latest developments from Lviv.
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Russia states over 1,000 Ukrainian marines that were defending the besieged port city have now surrendered. However, Ukraine says the remaining troops in the city have managed to combine forces. In a video statement posted Tuesday by a member of the marine unit, they said that they would "hold until the end." CNN's Fred Pleitgen begins today's show with a live report from Ukraine.
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Russian President Vladimir Putin says Russia's so-called special operation was a right step as Russia "had no choice." His comments follow a meeting with Belarus President Alexander Lukashenko. But while Putin continued to allege he wants to help people in Ukraine, overnight there were reports of heavy shelling. The Ukrainian military is now hoping bad weather could slow the progress. CNN's Fred Pleitgen reports on both the devastation and dangers.
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Kharkiv and the surrounding areas are under attack. Satellite images show an eight-mile long convoy just outside the Ukrainian city consisting of armored vehicles and trucks with towed artillery and support equipment. And at the helm of this new offensive is a brutal new general, Aleksandr Dvornikov, who became known as the "butcher of Syria" and is notorious for inflicting atrocities on civilians. Meanwhile, in Moscow, Austrian Chancellor Karl Nehammer has been meeting with Vladimir Putin following weekend talks with Volodymyr Zelensky. Nehammer is calling for a full investigation of Russian "war crimes." CNN's Nic Robertson begins today's coverage.
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At least 30 people, including two children, were killed after Russian forces carried out a missile strike on a railway station in Kramatorsk, eastern Ukraine, that was being used by civilians trying to flee the fighting. According to Ukraine President Zelensky, “There are witnesses, there are videos, there are remnants of the missiles and dead people. Why do they need to hit civilians with missiles? Why this cruelty that the world has witnessed in Bucha and other cities liberated by the Ukrainian army?" CNN’s Phil Black begins today’s coverage from Lviv.
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Ukrainian Foreign Minister Dmytro Kuleba spoke at NATO headquarters in Brussels today, where NATO and G7 foreign ministers are meeting to discuss sanctions against Russia and ways to support Ukraine. “My agenda is very simple. It has only three items on it. It's weapons, weapons and weapons,” Kuleba told reporters. Meanwhile, more evidence of Russian atrocities continues to emerge. “It’s like a scene from the gates of hell,” reports CNN’s Fred Pleitgen, who begins today’s coverage.
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More appalling discoveries in the Kyiv suburb of Bucha are prompting a growing number of world leaders to accuse Russia of committing war crimes. According to NATO's secretary general, "This is unbearable brutality that Europe has not witnessed in many decades." Today's show begins with a live report by CNN's Fred Pleitgen in Bucha.
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The mayor of Mariupol is calling his city "a new Auschwitz" after weeks of relentless Russian bombardment. Meanwhile, Putin continues to shift his focus to the east and the so-called "liberation" of the Donbas region. Military analysts that could take months if not years. And Ukraine President Zelensky warns of more atrocities in Borodianka, another city which until recently was occupied by Russian troops. CNN's Fred Pleitgen was there and witnessed the aftermath. His eyewitness account begins our coverage.
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Shocking video emerges from the Ukrainian city of Bucha of what appears to be execution-style killings carried out before the Russian retreat. People appear to have been left where they fell - some in the streets, others in gardens. President Zelensky calls it "genocide." Early in today's show, Bucha's mayor describes the scenes to CNN's Brianna Kielar.
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A Russian governor says an airstrike by two Ukrainian helicopters set a fuel depot ablaze in Belgorod, 25 miles north of the Russia-Ukraine border. Ukraine's ministry of defense declines to comment. The Kremlin says the attack could impact negotiations due to resume virtually today. Meanwhile, Ukraine's President Zelensky fires two top generals, sending a warning to "traitors," saying, "If you don't decide where your homeland is, you will be punished." First Move's coverage begins with CNN's Senior International Correspondent Ivan Watson in Zaporizhzhia.
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NATO says Russian troops are repositioning and reinforcing their offensive in Ukraine's Donbas region while keeping the pressure on Kyiv. That's despite the Kremlin's assertion earlier this week that it was scaling back operations around the capital. Today's show begins with a live report from CNN correspondent Ben Wedeman in the southern port city of Mykolaiv, where Ukrainian troops are preparing for what they fear could be a new Russian assault.
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Despite Russia's claims it's drastically reducing its assault on Ukraine, both the Pentagon and Ukraine officials say the've seen no evidence of that yet. Air raid sirens rang out in the night in Kyiv and Chernihiv as the sounds of artillery rocket fire continued. Chernihiv's mayor confirmed to CNN Russia is intensifying rather than reducing its assault. Today's show begins with a report from CNN's Ben Wedeman.
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After days of heavy fighting, Ukraine says it's regained control of Makariv, a town about 30 miles west of the capital. The military says the Ukrainian flag was raised once again as Russian troops retreat. CNN International Correspondent Fred Pleitgen begins today's episode with a live report from Kyiv.
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Following talks between Ukrainian and Russian officials, Moscow says it will “drastically reduce military activity” on two fronts — Kyiv and Chernihiv. And both sides are now discussing the possibility of a meeting between Putin and Zelensky. Meanwhile, Russian shelling has left villages with homes reduced to piles of rubble. In Mariupol officials say 90% of the city's residential buildings have been damaged or destroyed. 160,000 people are still trapped there. And in the west another fuel depot is on fire. CNN correspondents Nic Robertson and Phil Black begin today's coverage.
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With each passing day, the suffering in Ukraine continues as the Russians maintain bombardment. Meanwhile, Ukraine's military intelligence chief says he believes Vladimir Putin is seeking to split the country into two with North and South Korea as his model, while President Zelensky suggests Putin is trying to wipe Ukraine off the face of the earth. CNN's teams are on the ground in the embattled country. Our coverage begins with a live report from correspondent Nic Robertson.
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The Ukrainian military says its counterattacks north of Kyiv appear to be making some headway. But in Mariupol, the Russian bombardment continues, with new satellite images showing more fire and destruction across the city. A senior US defense official says Putin's forces are also firing on Mariupol from ships. CNN correspondent Phil Black begins our coverage with a live report from Lviv.
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The Ukrainian government rejects Putin's demand to surrender the besieged city of Mariupol after Russia's military bombed an art school where about 400 people had been sheltering. However, President Zelensky says he is ready for negotiations with his Moscow counterpart. Meanwhile, at least eight people are dead after missile fire hits a shopping mall in Kyiv, whose mayor announces a new curfew. Our CNN reporters in Ukraine and around the world cover all the latest developments in this episode.
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Ukrainian officials say over a thousand women and children were hunkered down in the Mariupol theater-turned-bomb shelter reduced to rubble by a Russian airstrike. We've been told that survivors walked away from that building in what would be an incredible escape. The theater was apparently targeted despite the word "children" spelled out in Russian outside on both sides of the building. The Ukraine defense minister said whoever chose that target was a "monster." But while Russia continues to inflict heavy damage from the air, reports are their ground offensive is not going well and is largely stalled. CNN's Nick Paton Walsh begins our coverage from Ukraine.
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It's day 20 of the war in Ukraine and a 35-hour curfew has been ordered in the capital starting tonight. Kyiv is one of at least four major cities Russian forces are encircling. Yet amidst the scenes of devastation we're also hearing stories of astonishing bravery, too. Meanwhile, talks are set to resume between Russia and Ukrainian negotiators after a pause Monday. CNN has all of this and much more covered in this episode.
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Amid explosions in Kyiv and an attack just six miles from NATO's eastern frontier, Ukraine's president issues a fresh statement urging his people to stand firm against Russian aggression. This, as a fourth round of negotiations get underway. Today's episode begins with Clarissa Ward reporting from Kyiv.
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Today's episode begins in the besieged Ukrainian city of Mariupol, where yesterday's deadly bombing of a maternity hospital -- which President Zelensky labelled an "atrocity" and "genocide" -- occurred despite Russia having agreed to a 12-hour ceasefire. To date there's been no word from the Russians to refute that assessment. The WHO says there have been 24 verified attacks on healthcare facilities in Ukraine since the invasion began.
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The firing is meant to stop for 12 hours in certain areas, including the besieged city of Mariupol, whose deputy mayor tells CNN residents are melting snow for drinking water. While some refugees have made it out of the cities under attack, many remain trapped in worsening conditions. Clarissa Ward reports from Ukraine.
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Ukrainian authorities claim a Russian airstrike in the city of Sumy killed 21 civilians, including two children. The news comes as Ukraine and Russia agreed to one evacuation corridor in Sumy, which has seen sustained Russian attacks and airstrikes in recent days. All this is taking place as Ukrainian officials accuse Russia of using ceasefires to advance its forces and deliberately target civilians. In the US, President Biden is expected to announce a unilateral ban on Russian energy imports. Julia Chatterley and CNN's correspondents cover all the latest news on the invasion.
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Today's episode begins just after US Secretary of State Antony Blinken's press conference with the foreign minister of Latvia, during which he once again pushed back on the idea of a no-fly zone. Julia discusses the latest developments in Russia's invasion of Ukraine, including what further sanctions could be employed.
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Ukraine declares a state of emergency amid warnings of a full Russian invasion. Putin says he's still open to dialogue but yet offers little room for compromise. Beijing says Russian sanctions won't solve the crisis.
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World leaders condemn Moscow's ordering of troops into eastern Ukraine. The EU and US prepare to respond as Germany blocks the Nord Stream 2 pipeline. Stock prices fall as oil nears $100 a barrel.
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Today's show immediately follows CNN's live coverage of a joint news conference by Russian President Vladimir Putin and Belarus President Alexander Lukashenko. Putin said his country’s military exercises are "purely defensive and do not threaten anyone" and that joint drills with Belarus will continue until Sunday. He said both countries' defense ministries announced the "exercises well in advance."
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NATO warns Russia could be staging a pretext for an attack on Ukraine. Kamila Valieva falters at the Olympics amid her drugs controversy. Federal Reserve Bank of St. Louis President/CEO Jim Bullard joins us to give us his take on the Federal Reserve's impending moves.
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NATO says there's no evidence Russian troops are withdrawing. President Zelensky holds a national day amid the tensions. Beijing tells Hong Kong to contain its Covid outbreak.
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Today's abbreviated show features an in-depth analysis of the just-concluded joint press conference -- carried live on CNN -- by Ukraine President Vlodymyr Zelensky and German Chancellor Olaf Scholz, which followed two hours of what the latter leader deemed "good talks" about the Ukraine-Russia crisis.
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The president says Ukraine could go crazy quickly as diplomatic efforts continue. Canada trucker protests shut auto plants and cost workers millions. UK economy enjoys strong growth as restrictions ease.
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US consumer prices rise 7.5%, which is worse than expected. Russia and Belarus begin a series of massive troop exercises. Disney+ delivers numbers to delight investors.
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A New York couple is arrested as the feds recover $3.6 billion of stolen cryptocurrency. Boris Johnson signals an early end to all Covid restrictions in England. Protesters block a key trade route between the US And Canada.
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The French president takes his diplomacy to Ukraine. The biggest chip deal in history collapses. Peloton replaces its CEO as speculation grows over a sale.
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French President Emanuel Macron heads to Moscow for a crucial meeting with Vladimir Putin. Spotify’s CEO condemns Joe Rogan's language but says he won't silence the podcaster. Chinese tennis player Peng Shuai is interviewed by French media.
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The Olympic games get underway in China’s capital city. Putin and Xi vow to deepen their relationship amid pressure from the West. The US economy shrugs off Omicron as employment soars.
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US Special Forces conduct a counterterrorism mission in northwest Syria Wednesday evening, killing ISIS leader Abu Ibrahim al-Hashimi al-Qurayshi. The Kremlin says it’s worried that the US is deploying additional troops to Eastern Europe. New Zealand to end nearly two years of tough Covid-19 border rules, while Sweden says it will scrap most of its Covid restrictions next week.
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Ukraine's president says that the economic panic over Russia is “under control.” OPEC rejects calls to increase oil supplies. Online advertising spells success for Alphabet.
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Confusion ahead of US-Russia talks. More Olympians head to quarantine just three days before the games begin. Denmark removes all restrictions saying the link between Covid infection and hospitalization is broken.
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The investigation into the alleged Covid lockdown parties held in British government offices is delivered to Downing Street. The United Nations will discuss the Ukraine threat. Popular podcast host Joe Rogan apologizes as Spotify updates rules for misleading content.
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Joe Biden says a Russian invasion of Ukraine could come as early as February. Apple shrugs off supply chain issues to end the year on a high. With just one week to go until the Beijing Olympics, the event is facing diplomatic boycotts as authorities battle to keep Covid at bay.
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Russia says the US and NATO are failing to address its main concerns. The Fed’s hawkish stance has investors in a tailspin. Tesla posted record earnings last quarter, but the chip shortage is limiting production.
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Ukraine and Russia meet as President Biden warns about sanctions. Boris Johnson refuses to resign over Covid rule break claims. CEO Tim Cook is targeted by an alleged armed stalker.
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NATO puts extra forces on standby over the UK crisis. The UK government is facing fresh “partygate” scandal scrutiny. Markets remain volatile as the IMF cuts its global growth forecast.
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The US and UK are withdrawing nonessential staff from Ukraine. The Beijing Olympics suffers more Covid cases. Beleaguered bike-maker Peloton suffers another PR blow.
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US Secretary of State Antony Blinken meets with his Russian counterpart Sergey Lavrov in Geneva, trying to defuse the volatile situation at the Ukranian border. What, if anything, did they accomplish? And what are the next steps? Plus, a Saudi-led airstrike hits a detention center in Yemen.
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Ukraine is shocked as the US President appears to soften his stance on Russian aggression. More Covid cases, more restrictions in China as Beijing battles to protect the Olympics. A German company’s new family friendly electric car has the potential to be the greenest EV of all.
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The US warns of Moscow's plans to bolster Ukrainian border forces. Major airlines are scrambling to change or cancel flights to the US as concerns mount between critical flight systems and new 5G towers. Boris Johnson's future is being questioned by senior party members.
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Microsoft makes a move to buy gaming giant Activision in a $68 billion deal. High-level efforts to resolve tensions between Russia and Ukraine. US airlines say the new 5G cell service could cause them major problems.
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Covid restrictions and a real estate crisis hit China’s GDP. At least three people killed in an Abu Dhabi attack. The tennis star returns home to Serbia after his Australian exit.
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Tennis star Novak Djokovic’s Australian visa has been cancelled again. Boris Johnson says he’s sorry over more party allegations. Ukraine’s government is hit by a widespread cyber attack.
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Tennis star Novak Djokovic is in the draw for the Australian Open, but will he be allowed to stay? Boris Johnson’s apology fails to end the PR crisis. US inflation measures keep hitting multi-decade highs.
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Fresh angst for British PM Boris Johnson, who apologizes for attending a 2020 garden party at 10 Downing Street during Covid lockdowns … The latest read on US inflation shows prices rising at a 7% YOY rate in December, the biggest increase in some four decades … Novak Djokovic admits he should have been isolating after testing positive for Covid-19 in December.
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Australian authorities investigate whether Djokovic lied on his entry form. Boris Johnson faces fresh claims Downing Street broke Covid rules. The Fed chair says he will tackle inflation if he's given another term.
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Tennis star Novak Djokovic is allowed to remain in Australia … for now. The U.S. and Russia begin a week of crucial meetings over Ukraine. China takes measures to keep Beijing Covid-free ahead of the Olympics.
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The U.S. shows disappointing jobs growth as the Covid impact remains unclear. Kazakhstan’s president tells security forces they can kill without warning amid protests. Novak Djokovic thanks fans amid vaccine visa controversy.
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Hong Kong announces tough new rules, including flight bans. France’s president says he wants to make life tough for the unvaccinated. Electric vehicles take center stage in Las Vegas.
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China locks down a city of more than a million people. Theranos founder Elizabeth Holmes found guilty of fraud. Tesla and Walmart are the latest U.S. companies caught up in tensions over Xinjiang.
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Coronavirus cases continue to surge around the world. Thousands more flights are grounded as winter storms and Omicron hit. Tesla posts record figures for 2021.
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The WHO warns about the combined threat of Omicron and Delta. China says the Covid outbreak is growing in a city of 13 million. Biden and Putin to speak for a second time in a month.
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Boris Johnson defends plans to keep England open despite record Omicron cases. A pro-democracy media outlet is shut down, and a pop star is among those arrested. A memorial service is set to pay tribute to late Archbishop Desmond Tutu.
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Growing numbers test positive for Covid in the Chinese City of Xi'an. Russian soldiers pull back from the Ukraine border. Brazil suffers its worst flooding disaster in years.
Hosted by Alison Kosik, in for Julia Chatterley.
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New research suggests Omicron is less likely to cause severe illness. Scientists say South Africa, where the new variant was first discovered, may be through the worst. 13 million in China unable to leave their homes after a Covid outbreak.
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The WHO issues warnings as the Omicron Covid variant spreads across Europe. Israel recommends another booster vaccination for people 60 and over. The U.K. cuts Covid isolation to seven days; the U.S. considers a similar move.
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European governments scramble to tackle Omicron. President Biden to tell vaccinated Americans not to cancel holiday plans. The Turkish lira surges as President Erdogan introduces new savings plan.
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Global stocks and oil slump as Omicron dents economic outlook. The World Economic Forum is postponed as Europe brings in new restrictions. Moderna says its booster increases antibodies against Omicron.
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Omicron cases surge around the world. Businesses in the U.K. shut their doors. The U.S. drops imports from China’s Xinxiang region over forced-labor fears.
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Covid surges and borders close as the world reacts to Omicron. The Bank of England raises interest rates to fight inflation. Turkey has a different response, cutting its interest rates.
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Jay Powell is set to speed up the stimulus withdrawal. The WHO warns Omicron is growing at an “unprecedented” rate. The Kremlin describes talks between Presidents Biden and Putin as “very positive.”
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Omicron soars in the U.K. and Denmark as China gets its second case. A new South African study shows that while the new Covid variant is more transmissible and better able to evade the Pfizer vaccine, it does cause less severe illness. China mobile gets the green light to list in Shanghai after getting kicked out of New York.
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Boris Johnson confirms the U.K.’s first Omicron death and aims to provide all adults in England with a third shot by month’s end. Chinese AI firm SenseTime delays IPO after its U.S. investor ban. Peloton uses “Sex In The City” reboot tie-in after its stock price plunges.
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US prices rise at the fastest pace in nearly 40 years. China calls Joe Biden’s summit a political maneuver. A big Chinese AI firm’s stock market debut in doubt amidst US blacklist fears.
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China’s Evergrande downgraded after missing key repayments. More evidence a third vaccine shot can help limit Covid effects. The U.K. government is now facing three Christmas event investigations.
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Pfizer says a third vaccine dose neutralizes the variant. Olaf Scholz sworn in as Germany’s new chancellor. Boris Johnson says claims his office flouted Covid lockdown rules will be investigated.
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Biden and Putin holding video meeting amid fears of Ukraine invasion. Beijing promising a response to U.S. Olympic boycott. CDC urging Americans to avoid traveling to France.
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Zain Asher is live from New York. Here are the top business news stories today!
Jobs jolt! US economy adds fewer jobs than expected. Didi delists! The Chinese firm will leave New York, just months after botched IPO. Cases climb - new Omicron outbreaks across Europe.
It’s Friday, let’s make a move.
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Beijing boycott? US government officials are expected to skip the 2022 Winter Olympics in Beijing. Delisting drama! Fears that more Chinese tech stocks could be forced off US exchanges. Data dependent! Scientists cautiously optimistic on the impact of Omicron.
It’s Monday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Omicron spread - world leaders plan more restrictions as the variant surges. Beijing boycott! The Women's Tennis Association suspends tournaments in China over concern for Peng Shuai. SPAC Grab! Asia's super-app Grab prepares for a $40 billion Nasdaq debut – we speak to the president.
It’s Thursday, let’s make a move.
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Covid caution - Omicron cases rise, as travel rules tighten. Recovery risk! The OECD warns new variant could damage global economy. Crude's contortions! Oil's roller coaster ride continues, as OPEC leaders meet.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Global markets roil as Moderna warns existing COVID vaccines may offer less protection against the Omicron strain. Fed Chair Jerome Powell says greater concerns about the virus could mean weaker growth and higher prices. UK regulators say Facebook must unwind its deal.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
World warning! The W.H.O. says the omicron variant risk is very high, travel restrictions tightened. Trending! Unconfirmed reports suggest (again) Twitter CEO Jack Dorsey stepping down. Sell-off suspended! The global risk-off trade on pause…for now.
It’s Monday, let’s make a move.
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Julia Chatterley and her guests have in-depth discussion about what we know so far about the variant, which has already prompted the U.K., France, Germany, and other governments to institute travel curbs. How concerned should you be?
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Julia Chatterley is live from New York. Here are the top business news stories today!
Macron urges action after migrants die at sea. The US bans more trade with Chinese tech firms. Jamie Dimon’s regret over his China joke gets Beijing’s backing. It’s Thanksgiving Thursday. Let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
A three-party coalition deal in Germany yields Angela Merkel’s replacement. China removes its ships from a global tracking system, spiking security fears. NASA practices knocking an asteroid off course.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Reserves released! President Biden leads a global effort to lower oil prices. Rivian's reverse! The EV truck maker no longer working with big investor, Ford. The stock slumps. Block the boss! We have Portugal's Labor Minister on making it illegal to contact workers out of hours.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Breaking news – President Biden to renominate Jerome Powell to head the Federal Reserve for a second term. Safety suspicions - In a video call with the International Olympic Committee, Chinese tennis star Peng Shuai says she is "safe and well" but suspicions grow. Crypto craze! El Salvador to create volcano-powered “Bitcoin City.”
It’s Monday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Vienna's verdict - Austria enters full lockdown and mandates Covid jabs. Stars speak out! Top players and the WTA demand answers from China over missing tennis ace Peng Shuai. Modi's misstep! Farmers in India celebrate after a government U-turn on agriculture reforms.
It’s Friday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Tennis tensions! Chinese media presents an email said to be from missing star, Peng Shuai. India's internet IPO! Payments giant Paytm plummets in its landmark debut, we've got the CEO. Oily operations! The U.S. asks non-OPEC countries to tackle high prices.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Border blocked - thousands of migrants still stranded in Belarus. Presidential press pass? China to welcome back US journalists, one day after the leaders talk. High voltage valuations! Shares in EV makers continue to charge.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Belarus border battle - Violence escalates as the migrant stand-off continues. Pipeline pressure! Germany delays approval of Russia’s Nord Stream 2 pipeline. “Paying with fire” - President Xi warns Biden over Taiwan during their 3 hour “healthy debate.”
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Belarus backlash! The EU promises tighter sanctions over the Belarus border crisis. Digital diplomacy! Presidents Biden and Xi prepare for their virtual summit. Feeling the Bern? Elon Musk Twitter trolls Bernie Sanders.
It’s Monday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Belarus ban - airlines stop migrant flights as tensions with the EU rise. COP-itulation? The latest draft deal at #COP26 softens language on fossil fuels. Band-aid break up! Johnson and Johnson to spin off its consumer unit.
It’s Friday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
COP-eration! The US and China to coordinate on climate change. Xi's shift! China's President Xi Jinping prepares for a historic third term. Musk's monetization! Elon Musk sells Tesla shares to pay tax.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
A fair COP?! The climate summit tries to reach a deal on global warming targets. Rivian revs! The electric truck maker backed by Ford and Amazon debuts on the Nasdaq. Beeple's blowout! The digital artist's sculpture sells for nearly 30 million. Hear his reaction live!
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Cryptos crescendo! Bitcoin and ether hit record highs. GE-ee whiz! General Electric splits into three companies. SpaceX splashdown! 4 astronauts survive six months in space (and a broken toilet).
It’s Tuesday, let’s make a move.
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531,000 jobs were added to the economy last month as the unemployment rate fell to 4.6%. Shares of Pfizer surge after the company presents results of a trial of a new anti-COVID drug. Greta Thunberg joins activists in Glasgow protesting COP26.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Taper time! Stocks rise even as fed slows stimulus support. COP contradictions! Nations unite to curb fossil fuels, as Biden tells OPEC - pump more oil. Merck's magic! The pharma giant's Covid pill approved by UK regulators.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York, here are the top business news stories today!
Show me the money! COP26 focuses on funding the push for net zero. Democrats dilemma! A tough election night means big questions for Biden's agenda. Face-off! Facebook's ending facial recognition operations - but what about Meta?!
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Methane masterplan! COP26 embracing targets for crucial emissions cuts. Wintry warning! Beijing urges people to stockpile food and prepare for emergencies. Messaging Musk! The World Food Programme says the Tesla boss could help save 42 million lives.
It’s Tuesday, let’s make a move.
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World leaders meeting at the opening day of COP26 in Scotland are told it’s a minute from midnight on climate change. China COPs out, Barclay’s boss bows out, and an exclusive interview with Matt Damon.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Political pantheon! Leaders of the g20 nations gather in person, in Rome. Supply shocker - Apple and Amazon sales take a hit, so do their shares. Meta, metamorphosis! Mark Zuckerberg moves to the metaverse to rebrand Facebook.
It’s Friday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Growth gripe! US economy slows in the second quarter. Taiwan's troops - President Tsai confirms the presence of American trainers. Fossil fuel fantasy? Oil executives face questions over climate disinformation.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Tech triumph! Alphabet and Microsoft earnings soar. Crunched by crypto? Robinhood shares plunge as retail trading disappoints. Continuing criticism! NBA star Enes Kanter tackles Nike over China's slave labor.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Facebook fightback? Mark Zuckerberg complains of a coordinated effort to undermine the company. Tesla's trillion! An analyst upgrade and deal with Hertz electrifies Tesla’s stock market valuation. A princess bride no more! Japan's Mako Kamuro marries a commoner and loses her title.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. We bring you the first part of Facebook whistleblower Frances Haugen’s testimony in the UK.
Facebook fury! Facebook whistleblower Frances Haugen testifies in the UK, as leaked Facebook Papers plunge the tech giant deeper into crisis. Lira losses! Turkish President Erdogan threatens to expel western diplomats, the currency plunges. Bumper buyback! HSBC plans a $2 billion splurge as profits jump.
It’s Monday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Taiwan tensions –President Biden commits to protecting Taiwan in event of Chinese attack. Default diverted…for now! Property giant Evergrande makes an overdue interest payment. Oh snap! Snap’s advertising biz hurt by Apple's privacy changes — Facebook and Twitter also take a hit.
It’s Friday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Winter worries! UK health experts warn of a winter crisis & push government to initiate "Plan B" as cases of COVID-19 climb. Evergrande, ever challenged! Evergrande deal collapses as payment deadline looms. Pinterest interest! PayPal exploring a multibillion dollar bid in the social media platform.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Farewell Facebook? Facebook reportedly planning a new name & rebrand for the metaverse. Content controversy! Netflix sees a subscriber boost in Q3 as controversy around Dave Chappelle's comedy special intensifies. Ma or mirage? Alibaba's shares jump after Jack Ma is seen in Spain.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
ETF WTF!? First bitcoin futures ETF starts trading on the NYSE. Dreaming of an Amazon Christmas? Amazon looks to hire 150,000 temporary US workers ahead of holiday season. Pecks, pricing & perfect applause! From ships to farms, supply chain chaos could compromise Christmas - we take you to a turkey farm in Essex.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. We pick up following breaking news in the U.S.
Breaking news: Colin Powell, the first Black US secretary of state, dies of Covid-19 complications amid cancer battle. Moment of silence - UK Parliament pays tribute to David Amess. Friending the EU! Facebook to hire 10,000 EU workers to help build their "metaverse."
It's Monday, let's make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Wall Street waltz! Major US banks reporting strong results as the COVID-19 recovery continues. Port plight! President Biden takes action to tackle the supply crisis. Planetary punch-up? Prince William says we should focus on saving earth not space travel.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Rising risks! The IMF shaves growth forecasts amid rocketing prices, COVID-19 concerns, and supply chain fears. Costly coal! Coal prices in China hit record highs as flooding impacts mining. Bashing bitcoin! JPMorgan's Jamie Dimon says the cryptocurrency is worthless.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Coal complications! Flooding in northern China hampers efforts to increase coal output. Energy emergency! UK businesses plead for government help as energy prices soar, watching on as the EU prepares a game plan. Boldly going! William Shatner prepares for blast off on Blue Origin spaceflight.
It’s Monday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Calamity cancelled! US Senate reaches a #debt ceiling deal, but #jobs growth disappoints in September. Ireland's eye to eye! The Irish join the drive for a global minimum corporate #tax rate. Fossil fuel flip! China boosts coal output to counter its energy crunch.
It’s Friday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Debt diversion - a deal to raise the ceiling imminent…but it's temporary! Chinese chatter! President Xi and Biden agree to talks. Putin's powerplay! Russia offers to ease the energy crisis in Europe.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Facebook faceoff! Mark Zuckerberg pushes back against whistleblower's claims. Taiwan tensions - Taiwan's defense minister warns on China's military maneuvers. Energy...eek! Oil and gas prices spark inflationary fears.
It’s Wednesday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Outage outrage! Facebook is back online after a six-hour outage that also took down WhatsApp and Instagram. Property problems - another Chinese real estate firm misses a debt repayment. Tech testimony! The Facebook whistleblower set to appear before senators.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Whistleblower warning - Facebook is accused of putting profit before public good. Evergrande, ever-smaller? The Chinese giant's property management business may be up for sale. Prices pumped! OPEC+ to discuss oil output in the face of recent prices spikes.
It’s Monday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
DC deadlock! Democrats remain divided, Biden's spending plans in peril. Covid curb? Merck claims its new pill cuts the risk of death and hospitalization. Currency chop! Venezuela launches new digital currency that features six fewer zeroes.
It’s Friday, let’s make a move.
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Alison Kosik is live in Los Angeles. D.C. dilemmas! U.S. politicians grapple with the debt ceiling, a potential shutdown and President Biden's spending agenda. Powell's problems! The Fed is facing inflation pressures as supply bottlenecks push up prices. China's concerns! Production slows as power cuts hit the world's second biggest economy.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Debt ceiling dilemma! Pressure mounts on US congress to find a deal to raise the debt ceiling. Cash crunch! Evergrande sells assets to raise cash, while facing further debt repayments. Seeking stability! Japan's former foreign minister Fumio Kishida set to lead the nation.
It’s Wednesday, let’s make a move.
Please note the program ends early to broadcast day two of the Afghanistan Senate hearing.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Power problem! China sparks growth fears with forced fuel cuts. Army alert! The UK petrol crisis continues as troops prepare for action. Electric dreams - Ford invests billions in an EV future - we've got the CEO.
It’s Tuesday, let’s make a move.
Please note the program ends early to broadcast the Afghanistan Senate hearing.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Germany's SPD party wins a narrow majority, and promises a coalition before Christmas! China's carbon crackdown - Beijing's effort to reduce emissions brings blackouts and forced factory closures. Petrol panic! A shortage of truck drivers in the UK mean fuel pumps run dry.
It’s Monday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Crypto crackdown! China brings in tough new measures on cryptocurrency trading and mining. Supply shortages! From chips to petrol to Nike shoes, the global economy feels the crunch! Quad conference – the US brings India, Japan and Australia together to counter China’s rise.
Its Friday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Evergrande endgame - Deadline looms for debt repayment, as shares in Chinese property firm surge. Taper timetable! Fed lays out plans for ending stimulus but warns on debt ceiling. Sports stars vs social media! Our exclusive interview with Romelu Lukaku on racism and tech.
It’s Thursday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Debt deadline! Evergrande says it will meet a bond repayment, but more are due. Taper tensions! Investors eye outcome of today’s Fed meeting. Climate concerns - the US, China and UK all call for action at the United Nations General Assembly.
It’s Wednesday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Evergrande impact - fears over Chinese property default hit global markets. Trade tensions - France warns the dispute over submarines could sink EU-Australia talks. And breaking news this hour – the US to ease travel restrictions for vaccinated passengers from the EU and UK.
It’s Monday, let’s make a move.
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Isa Soares is live from London. Here are the top business news stories today!
China tensions - A day after us security deal, China asks to join regional trade pact. Italian job - workers face tough new rules on vaccines and Covid tests. Broadway is back! New York City's famous theater district reopens.
It’s Friday, let’s make a move.
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Isa Soares is live from London. Here are the top business news stories today!
China pushback – the US and UK to help Australia acquire nuclear powered submarines. Drawing a red line - Japan's Defense Minister pushes back in its island dispute with China. The X factor! Four civilian astronauts prepare for their first full day in orbit.
It’s Thursday, let’s make a move.
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Isa Soares is live from London. Casino clampdown. Macao's gambling stocks shed billions as China considers greater oversight. Instagram investigation. A report says Facebook knew Instagram was toxic for teen girls. Ready to blast off. SpaceX is set to launch the first flight crewed entirely by non-astronauts.
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Isa Soares is live from London. Inflation increases! But there are some signs that prices may be cooling. Cash crisis! Chinese property giant Evergrande warns it could default. Apple upgrade! Rumors swirl ahead of its next big product launch.
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Isa Soares is live from London. Here are the top business news stories today!
Beijing break up! Shares of Alibaba fall after reports say China wants to split up its payment business. Screen vs stream! Disney to debut films in theaters before streaming on Disney Plus. Covid confusion - Corporate America asks for clarity on U.S. vaccine mandates.
It’s Monday, let’s make a move.
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Isa Soares is live from London. Here are the top business news stories today!
Now boarding in Afghanistan – A second passenger plane arrives at Kabul airport; we are live from the city. Covid strategy - more than 100 million American workers face new vaccine rules. China call - Presidents Biden and Xi hold talks as economic and geo-political relations remain tense.
It’s Friday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Game over? Gaming stocks plunge as Beijing summons tech leaders. Debt dilemma! Janet Yellen warns of irreparable damage if the US Congress doesn't raise the debt limit. Laser guidance! The CEO of self-driving firm Luminar unveils their anti-collision technology.
It’s Thursday, let’s make a move.
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Isa Soares is live from London. Here are the top business news stories today!
Tech on trial - disgraced Theranos founder Elizabeth Holmes heads to court to face fraud charges. Bitcoin bumps - cryptocurrencies face uncertainty after El Salvador milestone. China clash! Blackrock's $1 billion bet on China faces fierce criticism.
It’s Wednesday, let’s make a move.
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Max Foster is live from London. Here are the top business news stories today!
Legal tender - El Salvador becomes the first country to accept bitcoin as a currency. Brazil protests - demonstrators take to streets on Independence Day. Trade record - China's imports and exports surge despite fears over Covid.
It’s Tuesday, let’s make a move.
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Max Foster is live from London. Here are the top business news stories today!
Completely conquered - the Taliban claim victory in Afghanistan’s last holdout province. Uncertain economy - the US ends key Covid support, days after disappointing jobs numbers. Mobility show – the CEO of BMW discusses the automaker’s sustainable future.
It’s Monday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Delta damage - the US adds only 235,000 jobs in July. Fatal flooding – at least 48 people killed in flooding from hurricane Ida’s remnants. Galactic grounded – the FAA investigates Richard Branson’s space flight.
It’s Friday, let’s make a move.
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Eleni Giokos is live from Dubai. Here are the latest stories in Afghanistan and beyond.
Taliban fighters show off seized US military vehicles. The UK and Japan are the latest countries to discuss relations with the Taliban - as President Biden remains defiant over the withdrawal. And China's 3 trillion dollar tech clampdown but global investors are not deterred.
It’s Wednesday, let’s make a move.
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Eleni Giokos is live from Dubai. Here are the latest stories on Afghanistan and beyond.
It's the first day with no US military presence in Afghanistan. Hurricane Ida leaves over 1 million without power in scorching heat. Colombia's commitment to temporarily welcome 4,000 Afghan refugees.
It's Tuesday, let's make a move.
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Richard Quest is live from New York. The Taliban demand U.S. forces leave Afghanistan by the end of this month. The U.S. Defense Department is mobilizing commercial airlines to facilitate evacuations from Afghanistan. Plus, full FDA approval of the Pfizer vaccine!
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Paula Newton is live from New York. Here are the latest stories on the Taliban takeover in Afghanistan and beyond.
Millions of Afghans are internally displaced. President Biden to deliver an update on Afghanistan withdrawal. More than 12,000 Haitians injured after 7.2 magnitude earthquake.
It’s Friday, let’s make a move.
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Paula Newton is live from New York. Here are the latest stories on the Taliban takeover in Afghanistan and beyond.
President Biden defends handling of the US withdrawal. At least 12 killed in and around Kabul airport. Survivors in Haiti deal with destruction as aid deliveries lag.
It’s Thursday, let’s make a move.
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Eleni Giokos is live from Dubai. Here are the latest stories on the Taliban takeover in Afghanistan and beyond.
Taliban fighters open fire to disperse large crowds near Kabul airport. Former Afghan President Ashraf Ghani has emerged in the United Arab Emirates after fleeing in the wake of the Taliban takeover.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the latest stories on the Taliban takeover in Afghanistan and beyond.
President Biden defends decision to pull out of Afghanistan. Taliban grants amnesty to former government employees. Tropical storm hits Haiti as earthquake death toll rises.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Afghanistan alert - The Taliban now controls 17 of Afghanistan's 34 provincial capitals. Trade turmoil! China partly suspends the world's 3rd busiest port after one Covid case. Disney verses delta! Newly opened theme parks and Disney+ subscribers push profits higher.
It’s Friday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Regulatory reveal! China warns it could be tough on tech until 2025. Hackers with heart? The Poly Network hacker returns majority of stolen crypto tokens. Twitter tension! The social giant sparks a political row after blocking Twitter accounts of India’s opposition party.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Inflation infatuation - US consumer prices jump in July – but there are signs of moderation. Messi’s mission! PSG’s new striker says he wants to win the Champions League. Cyberheist cringe! Hackers steal $600M worth of digital assets from key crypto platform Poly Network.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Infrastructure imminent! The US Senate voting on a $1 trillion spending plan. China change? Softbank cuts Chinese investment until regulatory risks are clear. Just in: Lionel Messi arrives in Paris ahead of reported PSG transfer.
It’s Tuesday, let’s make a move.
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Climate crisis - The UN's Climate report is a code red for humanity. Devastating damage – Wildfires in Greece highlight the impact of the climate crisis. Let the games begin? China prepares for Beijing 2022 Winter Olympic Games.
It’s Monday, let’s make a move.
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Summer surge! The US adds back almost 1 million jobs in July. Apple watch? Apple says it's willing to scan iCloud & iPhone photos to tackle child abuse. Tokyo turnaround – the IOC hails Olympic success as the games draw to an end.
It’s Friday, let’s make a move.
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Delta danger - Global Covid cases surpassing 200 million. Electric edict! President Biden looks to supercharge EV adoption. What do you meme? Retail investors set their sights on Robinhood.
It’s Thursday, let’s make a move.
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Marking 1 year since the Beirut Explosion –investigation and accountability remain stalled. Chip crunch! Toyota and Honda warn the semiconductor shortage will continue. Cash for jabs! US investment firm Vanguard offers employees $1,000 to get vaccinated.
It’s Wednesday, let’s make a move.
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Game over? Beijing calls online gaming "spiritual opium”, shares of Tencent tumble. China's Covid crackdown - Wuhan now testing 11 million people. Biles beams! US Gymnast Simone Biles is back and wins a bronze…and a standing ovation!
It’s Tuesday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Square deal! Jack Dorsey's Square acquires Afterpay as “buy now, pay later” biz takes off. Tanker tensions! The US and UK blame Iran for a deadly attack on an Israeli ship. Restrictions relaxed! The UK brings in new travel rules, as airline bosses call for the government to go further.
It’s Monday, let’s make a move.
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Past prime? Amazon disappoints as sales boom from COVID19 fades. Wall Street wallop! Big banks take aim at the unvaccinated. Scarlett sues! The Black Widow actress sues Disney over its streaming release.
It’s Friday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Coming to market – Robinhood begins trading on the NASDAQ. Leaving the market? Chinese firm Didi denies rumors it’s going private, just weeks after its IPO. Corporate command - Corporate America tells employees to get vaccinated if they want to work.
It’s Thursday, let’s make a move.
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Pandemic profits! Big Tech reports massive Q2 earnings. Covid costs - Jerome Powell to share latest take on Delta variant and inflation. Robin hood...meet the sheriff!! Regulators ask questions ahead of the IPO.
It’s Wednesday, let’s make a move.
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Tutoring tech! China's clampdown extends to online education, stocks plunge. Mandate mayhem! Protests across Europe as new vaccine rules are enforced. Tokyo turnaround? The Olympic medals flow for Japan as TV ratings soar.
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Richard Quest is live from New York. Olympics underway! The opening ceremony begins in Tokyo. Cyber threat! The FBI warns that hackers could be targeting the games. Snapping up shares! Snap stock surges after revenue more than doubles.
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Isa Soares is live from London. Here are the top business news stories today!
Tokyo troubles! On the eve of the Tokyo Olympics, the Opening Ceremony is thrown into disarray. Covid cost – a warning on the economic impact on vaccine inequality. Pump but don’t dump! Elon Musk explains why he wants bitcoin to succeed.
It’s Thursday, let’s make a move.
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Isa Soares is live from New York. Here are the top business news stories today!
Olympics underway – the Games finally get started but Covid forces some athletes to withdraw. Subscriber struggle! Netflix to expand into gaming as subscriber growth slows. Flooding crisis - more than 100,000 people evacuated as heavy rains hit China.
It’s Wednesday, let’s make a move.
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Eleni Giokos is live from Dubai. Here are the top business news stories today!
Calling out China – The US & allies to accuse China of masterminding huge cyberspace hacks. Olympic ordeal - Rising covid cases and frustrated sponsors threaten to undermine the Tokyo Olympics. Heading to space! Jeff Bezos tells CNN his historic space launch will change him.
It’s Monday, let’s make a move.
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Fatal flooding - more than 100 lives lost, and more missing in Northern Europe. Didi drama! The Chinese tech giant’s offices visited by more seven regulatory agencies. Hong Kong hazard -President Biden to warn American companies on risks of doing business in Hong Kong.
It’s Friday, let’s make a move.
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Powell's pricing pressures! The Fed Chair testifies before Congress today. Climate commitment! The EU unveils a multi-year green transformation plan. REvil revoked? The ransomware gang disappears from the internet.
It’s Wednesday, let’s make a move.
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Prices pumped! US inflation rises at the fastest pace in 13 years. Volkswagen volts! The car maker goes all-in on electric & autonomous mobility. Musk misery! Elon Musk tells a court he "rather" hates being Tesla CEO.
It’s Tuesday, let’s make a move.
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Football frenzy and fury - Italy celebrates the Euros victory, the match marred by racism. Space surge! Richard Branson successfully reaches edge of space on Virgin Galactic flight. Venom victory! Marvel's Black Widow is a streaming smash.
It’s Monday, let’s make a move.
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Booster? Bewildered! Pfizer says it's time for a 3rd shot... the CDC & FDA say no. Billionaire blast-off! Richard Branson readies for this weekend's space launch. Delta disruption - from Asia to Africa, Covid cases rise sharply.
It’s Friday, let’s make a move.
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Collusion crackdown! The EU fines BMW and Volkswagen for underutilizing emissions control tech. Clampdown contagion! China's scrutiny of overseas listings reportedly claims another victim. Tokyo tribulations! The Olympics will take place under a state of emergency.
It’s Thursday, let’s make a move.
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Breaking News: Haitian President Jovenel Moïse assassinated at home, first lady shot & receiving treatment. Didi danger! Shares of Didi slump again, as the IPO criticism builds. Amazon strikes back! The Pentagon's $10 billion JEDI cloud contract with Microsoft, cancelled!
It’s Wednesday, let’s make a move.
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Didi dumped! China's cyber clampdown on Didi sends US shares below their IPO price. OPEC ordeal! Oil prices rise after supply talks are abandoned. Cyber shock - another big ransomware attack, a $70 million demand.
It’s Tuesday, let’s make a move.
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Jobs jamboree! US economy adds 850,000 jobs in June as unemployment ticks up to 5.9%. Branson vs Bezos! The Virgin Galactic boss determined to win the billionaire space race. Tax teamwork! 130 nations agree a global deal - Germany's Finance Minister gives his take.
It’s Friday, let’s make a move.
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Centenary stir! President Xi Jinping says China won't be bullied by foreign powers. Mind the Gap! US retailer GAP closes stores in the UK and Ireland. Wrath of Khan??! Amazon wants FTC Chair Lina Khan recused from their antitrust cases.
It’s Thursday, let’s make a move.
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Didi does it! China's ride hailing giant Didi raises $4.4 billion in US IPO. Tourism trounced -The UN warns Covid19 could cost tourism industry $4 trillion. Space splurge! Elon Musk admits his internet satellite biz Starlink will cost billions.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Legal likes! An antitrust victory launches Facebook into $1 trillion territory. Big banks, big payouts! US banks raise dividends after passing Fed stress tests. Delta’s danger - Russia and Australia are latest nations reporting a sharp rise in Covid19 cases.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Delta danger - Rising Covid-19 cases force Malaysia, Indonesia and Australia to act. Tesla tempest! Nearly every car made in China is recalled. Crypto clampdown! Regulators in the UK & Canada target one of the world's largest crypto exchanges.
It’s Monday, let’s make a move.
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Bipartisan boost! President Biden's infrastructure deal sends stocks to new records. Tech time up? Congress closes in on new anti-trust measures. Nike...likey!! Investors applaud strong Nike earnings and a forecast upgrade.
It’s Friday, let’s make a move.
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Infrastructure imminent? The US Senate moves closer to a $1.2 trillion deal. Delta danger – Angela Merkel says the variant puts Europe on thin ice. McAfee mystery - Spanish authorities open investigation into the death of antivirus software pioneer John McAfee.
It’s Thursday, let’s make a move.
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Delta force - from China to Israel, the Covid19 variant impacts re-openings. Forbidden fruit? Hong Kong's leading pro-democracy newspaper Apple Daily forced to close. Going for gold - we're on the one-month countdown to the Tokyo Olympics.
It’s Wednesday, let’s make a move.
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Jaws…drop!!! Netflix teams up with legendary director Steven Spielberg. Crypto kicked! China sparks a sell-off with fresh trading curbs. Powell placates - the Fed chair to tell congress that rising prices won't last.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Prime pinch? Amazon sellers beset by pandemic supply issues on Prime Day. Tokyo turnout – spectators will be allowed at the Olympic Games. Fed fallout! US Stocks stabilize after Friday’s fumble, Asian stocks stumble.
It’s Monday, let’s make a move.
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Paula Newton is live from New York. Here are the top business news stories today!
Iran election - a hardliner set to win after rivals are disqualified. Travel takeoff! The EU to lift restrictions on visitors from 14 countries. Doses delivered! China on track to administer 1 billion Covid-19 doses by this weekend.
It’s Friday, let’s make a move.
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Paula Newton is live from New York. Here are the top business news stories today!
Connecting the dots - investors respond to fed's warning on rate rises. Internet outage! Banks and airlines hit as the web suffers its second big fail in 10 days. Not a lot of bottle! Footballers leave sponsors in a spin at the euros.
It’s Thursday, let’s make a move.
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Paula Newton is live from New York. Here are the top business news stories today!
Spat suspended! The EU & US settle Airbus, Boeing dispute after 17 years. Diplomacy taking off - President Biden heads to Geneva for his showdown with Vladimir Putin. Inflation turbulence – the Fed meeting starts as Jamie Dimon warns on rising prices.
It’s Tuesday, let’s make a move.
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Musk moves - Bitcoin surges as Tesla offers a crypto U-turn. Freedom day delayed - England set to announce an extension to lockdown restrictions. Confronting China tough words for Beijing as the NATO summit gets underway
It’s Monday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
G-force! G7 leaders will provide 1 billion doses of Coronavirus vaccines to poorer nations. Another day, another hack - Hackers steal source code from video game company EA. Big Didi! China's ride-hailing giant eyeing a potential $70B, New York IPO.
It’s Friday, let’s make a move.
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Too hot to handle? Not yet, but US inflation surges in the month of May. Ransom regrets? Meat supplier JBS admits it paid $11 million in ransom to cyber-attackers. Gee’d up! Business leaders demand climate action ahead of G7 summit.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Turbocharging tech! The US Senate agrees on a $200B+ bill to counter rivals. Security...stupidity? Hackers compromised the Colonial Pipeline using a single, old password. Mega rich, make hay! Leaked data reveals just how little tax America's wealthiest pay.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
App trap! Hundreds of criminals caught in a global surveillance sting. Hackers hacked! The US reclaims $2.3M in crypto ransom paid to Colonial Pipeline hackers. The world wide… what?!?? Websites and apps across the world go dark.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Seven up! A G7 tax deal breakthrough, now attention turns to the fine print. Bitcoin buzz! President of El Salvador plans to adopt bitcoin as legal tender. Bezos blast off! Jeff Bezos and his brother are heading to space.
It’s Monday, let’s make a move.
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Jobs jumble - solid gains for US hiring in May, but still less than hoped. Tackling tech threats! President Biden expands list of Chinese firms banned from US investment. Tencent taboos! The Chinese tech giant bans spanking, fishnets...oh and politics on WeChat in bid to clean up livestreams.
It’s Friday, let’s make a move.
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Meme madness! Shares of AMC slump on new supply news, still up near 100% this week. White House warning! The US tells Russia they have an obligation to stop cyberattacks. Netanyahu no more? A kaleidoscope coalition in Israel threatens to oust the Prime Minister.
It’s Thursday, let’s make a move.
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Amazon dot....bong? Tech giant Amazon ends cannabis testing after revising workplace policy. China’s CBDC trial – Beijing to hand out $6.2M worth of its digital yuan in a lottery. Gym gyrations! Equinox's CEO discusses the future of fitness.
It’s Wednesday, let’s make a move.
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Tesla tweaking! Elon Musk says supply chain issues are pushing up prices. Striking partnerships! MLB enters the NFT space. Pill progress- an antiviral pill developed by Merck is now in phase 3 trials in India.
It’s Tuesday, let’s make a move.
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Richard Quest is live from New York. Here are the top business news stories today!
Population push - China announces a 3-child policy to boost the birth rate. Olympic arrivals! First athletes head to Japan for Tokyo Olympics. Road to recovery - the OECD lifts forecasts but warns of uneven growth.
It’s Monday, let’s make a move.
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Hacking hit – Microsoft says the SolarWinds hackers have struck again. Coronavirus conception - U.S. Intel may have unreviewed evidence on possible origins of COVID19. Reddit replay! Social media chatter gives AMC a blockbuster boost.
It’s Friday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Lab leak? President Biden demands a Covid-19 origin investigation, Beijing's not happy. Big oil, big toil! Exxon, Chevron and Shell told to do more to protect the planet. Wind beneath its wings - America's newest airlines gets ready for take-off!
It’s Thursday, let’s make a move.
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Boxes to box office! Amazon seals deal to buy MGM Studios for $8.45 billion. Protecting privacy - WhatsApp sues Indian government over new internet rules. Tokyo's tangle - official Olympic partner demands the Tokyo Olympics be canceled.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Musk's miners! The Tesla boss joins a U.S. alliance aiming to boost bitcoin's sustainability. Rebuilding Gaza – US Secretary of State Antony Blinken pledges US support and significant contributions to aid Gaza. Racing to the theaters! Fast & Furious 9 dominates opening weekend box office.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Celebrations & Clashes. Israel and Hamas agree a ceasefire, but tensions remain. Crypto Costs. The U.S. Treasury calls for stricter tax rules. Cook in Court. The Apple CEO testifies against Epic Games.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Crypto calming? Digital currency prices stabilize after a day of wild swings. Change in leadership - The CEO of Bytedance to step down. Milking the market! Oatly set for a $10 billion IPO – we’ve got the CEO.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Further conflict - Israel warns of more airstrikes, as it targets Hamas leaders. Curb your cryptocurrency? China cracks down on crypto transactions. Games guarantee - Olympics boss insists Tokyo will be safe.
It’s Wednesday, let’s make a move.
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Roaring rumors? Amazon in talks to buy MGM Studios. Tormenting Tesla! Famed investor Michael Burry bets big against Tesla. Depleting doses - Kenya could run out of vaccines by the end of May.
It’s Tuesday, let’s make a move.
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Streaming spin off! AT&T announces billion-dollar deal to merge WarnerMedia and Discovery, creating a new media giant. Bitcoin bashed? Elon Musk sends bitcoin and crypto prices plunging from a one-word tweet. Deadliest day - Israeli airstrikes kill 43 in Gaza, with no end to the conflict in sight.
It’s Monday, let’s make a move.
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Lives lost - Gaza comes under heavy fire from Israeli airstrikes and artillery. Olympic opposition! CEO of Rakuten calls hosting the Olympics a “suicide mission.” Pipeline payment? Sources suggest the Colonial Pipeline paid ransom to hackers.
It’s Friday, let’s make a move.
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Riots and violence - unrest sweeps through Israeli cities as Jewish and Arab citizens clash. Bitcoin backtrack! Elon Musk suspends plans to accept bitcoin for cars, citing environmental concerns. Diplomatic dialogue - President Biden calls for calm in the Middle East, but can the US make a real impact in mediating the Israeli - Palestinian conflict?
It’s Thursday, let’s make a move.
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Deadly escalation - Dozens are killed amid airstrikes and rocket launches as Israel and Gaza tensions worsen. Costly consumption! US consumers see rising prices on everything from chicken to gas, worrying investors. Gas guzzlers - panic buying causes fuel shortages amid US pipeline hack.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Tech tumble! Investors are selling stocks on growing inflation fears. Cash, not chaos! The Russian hackers justify their actions as the pipeline stays shut. Big blue's big bet! IBM's CEO tells us why AI & quantum computing are key to growth.
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Alison Kosik is live from New York. Here are the top business news stories today!
Rising tensions - Israeli police and Palestinians clash on Jerusalem day. Pipeline hack – US oil supplies disrupted after a cyberattack. Doge dive - the cryptocurrency tumbles after Elon Musk jokes about it on Saturday Night Live.
It’s Monday, let’s make a move.
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Jobs jolt - the US economy adds a mere 266,000 jobs in April. Extended emergency - Japan keeps lockdowns in place, heightening Olympic fears. Green means go! The UK to green light some quarantine free trips.
It’s Friday, let’s make a move.
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Patent pause? The US supports waiving vaccine patents, but will everyone agree? Fishy situation! The UK and France argue over fishing rights. Dialogue ditched! Relations between China and Australia worsen.
It’s Thursday, let’s make a move.
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Just In: Facebook will keep its ban on Donald Trump. Rate rise risks! Janet Yellen rattles Wall Street after rate hike comments. Duck for debris? Don’t panic!! But parts of a Chinese space rocket are heading back to earth.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Give & take - Bill and Melinda Gates announce divorce after 27 years of marriage, with plans to continue charitable work together. App-osing argument! Apple and Epic Games each make their case as lawsuit begins. State shutdown – another region of India announces a lockdown amid reaching 20 million Coronavirus cases.
It’s Tuesday, let’s make a move.
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Ethereum escalation! Ethereum breaks past $3,000 - outshining bitcoin. Bullish Buffett - the Oracle of Omaha says the US economy is “red hot, and so are prices! Frustrated fans - Manchester United supporters demand change from Glazer family reign.
It’s Monday, let’s make a move.
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India’s government accepts responsibility as crematoriums overflow. Double dip! Eurozone slips back into recession. Amaze-on! The tech titan delivers a 200% plus profit rise.
It’s Friday, let’s make a move.
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Covid calamity - India reports another day of record Covid19 cases & deaths. Chip crunch! Apple is latest tech firm to warn chip shortages will bite. Growth gains! The US recovery strengthens.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Deadliest day - India tops 200,000 Coronavirus deaths, but researchers suggest the real death toll is much higher. Court clash! AstraZeneca faces EU legal action over vaccine. AlphaBEAT! Google parent Alphabet delivers impressive earnings beats thanks in part to YouTube.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Bitcoin boost! Crypto gains help drive Tesla to record profits. Fund fiasco! The Archegos collapse costs banks over $10 billion. Mind over matter! MindMed the psychedelic medicine biotech company makes public debut on the NASDAQ.
It’s Tuesday, let’s make a move.
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Global giving - countries & companies send aid to India as COVID19 crisis worsens. Holiday hopes! The EU says American tourists may be welcome this summer - if vaccinated. Core commitment! Apple upping investment in US manufacturing & jobs.
It’s Monday, let’s make a move.
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Covid19 crisis - India faces oxygen shortages and mass burials as virus cases surge. City closures - Japan announces lockdown measures for a quarter of its population. Tax tumble! Investors spooked over concerns White House will hike capital gains tax.
It’s Friday, let’s make a move.
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Climate committed! President Biden pledges to reduce US emissions by at least 50% by 2030. Grim milestone - India sets global record for daily new Covid19 cases, pushing their health system to the brink. China clash - Australia cancels belt and road deals, angering Beijing.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Super squashed! Plans for a football Super League collapse. Vaccine + vacation = vaxication? The Maldives takes an extra step to welcome tourists back, by offering free vaccines to those who want it. Can Corporate America change? CEOs release statements addressing inequalities following guilty verdict in George Floyd’s trial – but talk is cheap.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Footballing fury! Fans, politicians, and FIFA President condemn plans for a European Super League. Developing: Idriss Déby, President of Chad, dies from injuries suffered on the frontline - just hours after winning reelection. Underdog! Dogecoin, the cryptocurrency that started as a joke, soars in value.
It’s Tuesday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Flash crash! Bitcoin plunges after a week of crypto-hype. Financial foul? Football fans & politicians angered over plans for a European Super League breakaway. Saving summer? President Macron says Europe is working on plans to welcome US tourists.
It’s Monday, let’s make a move.
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Alison Kosik is live from New York. Here are the top business news stories today!
Beijing bounce! China's economy grows 18% in the first quarter. AstraZeneca assurance - Chancellor Angela Merkel has received the first dose of the AstraZeneca vaccine. Banking beat! Morgan Stanley is the latest financial giant to deliver strong results.
It’s Friday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Crypto craze! Coinbase hits nearly $86 billion valuation in NASDAQ debut. Holding Russia accountable –Biden slaps fresh sanctions on Russia over SolarWinds cyber hack & election interference. Tokyo Olympics - chance of being cancelled or not?
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Crypto crescendo? Coinbase becomes first major crypto exchange to list on US markets. 100 day countdown - experts worry the Tokyo Olympics will be a super-spreader event. Billion-dollar beats! JPMorgan, Goldman Sachs, Wells Fargo crush Q1 forecasts.
It’s Wednesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Clot concerns - US regulators recommend pausing Johnson & Johnson vaccine after rare blood clots reported. Grab & go! Southeast Asia's "super app" Grab is going public via record breaking SPAC. Inflation inflection? Latest US data shows prices heating up.
It’s Tuesday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Recovery ramp up! Fed Chair Jay Powell says America's economy is at an inflection point. China crackdown! China hits Alibaba with a record $2.8 billion fine. Morale milestone! Britons queue at shops & bars as England eases out of lockdown. And all in on AI! Microsoft acquires Nuance Communications in healthcare push.
It’s Monday, let’s make a move.
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Prince Philip died peacefully in his sleep earlier today. He was 99 years old. First Move’s special coverage reflects on the Duke of Edinburgh's lifetime of achievements and loyalty.
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Julia Chatterley is live from New York. Here are the top business news stories today!
AstraZeneca advisory - EU regulators confirm possible link between vaccine and rare blood clots. Bolsonaro's belligerence? President of Brazil rejects call for lockdowns despite surging Covid19 deaths. Tackling taxes - Plans for a global tax overhaul gains momentum in the US.
It’s Thursday, let’s make a move.
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Julia Chatterley is live from New York. Here are the top business news stories today!
Bezos backing! The Amazon CEO supports higher corporate taxes to finance US infrastructure. Constructive chats - Iran & US make progress on reviving 2015 nuclear deal. Smartphone success! Samsung profits forecasted to jump, despite chip supply issues.
It’s Wednesday, let’s make a move.
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