Podcasts about market news

The U.S. and China agree the framework of a trade deal with Presidents Trump and Xi Jinping due to meet later this week in South Korea. U.S. Treasury Secretary Scott Bessent says the move will help to dial down any further trade tensions between the two nations. Equity markets in Greater China have responded positively to the news while the Nasdaq is set to start the week 1 per cent higher. France has avoided a hat-trick of ratings agency downgrades, but Moody's has revised its forecast for the country to ‘negative', citing ongoing political turmoil and deficit fears. Swiss pharma giant Novartis has swooped for U.S. biotech firm Avidity in a $12bn cash deal.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week in the markets: central bank meetings and tech stock results provide plenty of tests for a buoyant stock market. Fidelity’s Tom Stevenson reviews the stories moving markets.See omnystudio.com/listener for privacy information.

This week, Collin Martin sits in for Liz Ann Sonders. Kathy Jones and Collin discuss the upcoming Consumer Price Index (CPI) report and the Federal Reserve's anticipated interest rate cut. They analyze the current state of the credit markets, particularly focusing on recent defaults and the implications for high-yield bonds. The discussion also covers the demand dynamics in private-versus-public credit markets and the potential risks associated with high-yield investments. Finally, they look ahead to upcoming economic indicators and the challenges posed by a lack of data.On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThis material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Past performance is no guarantee of future results.Investing involves risk, including loss of principal. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk.High-yield securities and unrated securities of similar credit quality (junk bonds) are subject to greater levels of credit and liquidity risks and may be more volatile than higher-rated securities. High-yield securities are considered predominately speculative with respect to the issuer's continuing ability to make principal and interest payments.Investing in alternative investments is speculative, not suitable for all clients, and generally intended for experienced and sophisticated investors who are willing and able to bear the high economic risks of the investment. Investors should obtain and carefully read the related prospectus or offering memorandum, which will contain the information needed to help evaluate the potential investment and provide important disclosures regarding risks, fees and expenses.Diversification and asset allocation strategies do not ensure a profit and do not protect against losses in declining markets.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. Bloomberg US Corporate High-Yield Bond Index- Measures the performance of the US Dollar-Denominated, high yield, fixed-rate corporate bond market. Securities are classified as high-yield if the middle rating of Moody's, Fitch, and S&P is Ba1/BB+/BB+ or below. Bonds from issuers with an emerging markets country of risk, based on Bloomberg EM country definition, are excluded. It is a market-value weighted index.Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.(1025-02S5) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

U.S. President Trump ceases all trade talks with Canada following an advertising campaign using former U.S. president Ronald Reagan to critique the current administration's tariff policy. In Brussels, EU leaders fail to agree on the use of frozen Russian assets to bolster Ukraine's war effort but European Commission President Ursula Von Der Leyen says the bloc will continue to increase pressure on Moscow. Chinese and Indian state-backed firms are reportedly adjusting their energy policies in the wake of new U.S. sanctions on Russian oil. We hear from the U.S. ambassador to the EU, Andrew Puzder, who says President Trump's efforts to end the Ukraine conflict are genuine.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Send us a textInvestors maintain more dovish view on rates than the Fed. Accelerating inflation could change that and help the dollar. Pound, yen extend their slides, euro rebounds on improving PMIs. Wall Street gains as White House confirms Trump-Xi meeting.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD

Send us a textFed to highlight busy week for central bank decisions. BoC expected to cut too, ECB and BoJ to likely stand pat. US government shutdown to delay more crucial US data.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD

Record sales couldn't save Nasdaq listed Tesla and Netflix from steep share price falls this week, as the companies navigated everything from expiring tax credits and global regulatory risks to intense competition. Meanwhile, the ASX200 posted a 0.39% slide (Mon – Thurs), as a slump in materials stocks weighed on market gains. In this week's wrap, Grady covers:(0:26): why Tesla's latest results show record sales but falling profits (1:10): why Netflix missed third- quarter expectations (2:02): how Coco-Cola is navigating the tough market environment (2:49): earnings results from Woodside, Adairs & Air New Zealand (5:13): how the ASX200 performed this week so far(5:53): the most traded stocks & ETFs by Bell Direct clients (6:22): economic news items to watch out for. 

Tesla quarterly earnings disappoint due to elevated costs, sending shares down in extended trade. CEO Elon Musk has defended his $1tn pay packet. Luxury giant Kering posts a small improvement in like-for-like sales while cloud computing firm SAP falls short of quarterly expectations. U.S. President Donald Trump slaps ‘tremendous' new sanctions on two of Russia's biggest oil firms – Lukoil and Rosneft – in a bid to bring Moscow to the negotiating table over the war in Ukraine. European Commission Vice-President Kaja Kallas tells CNBC Trump's move is a ‘signal of strength'.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Send us a textSanctions and tariffs are back in the spotlight. Risk markets retreat as sentiment softens. Gold struggles to recover; oil jumps, flirts with $61 level. Dollar remains bid; yen suffering might have legs.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD

Unicredit posts a bottom-line quarterly beat thanks to stronger-than-expected income within its trading unit. We hear from CEO Andrea Orcel who says he's ‘not given up' efforts at a takeover of German lender Commerzbank. In retail news, Adidas hikes its FY guidance but French luxury firm L'Oréal misses sales expectations. And brewing giant Heineken manages to stem a slump in Q3 sales but says that an uncertain outlook has prompted it to slash FY volume guidance.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Send us a textGold drops as traders decide to lock profit ahead of US CPI data. Yen fallsas Takaichi becomes Japan's next Prime Minister. Pound slides as wellafter weaker than expected inflation. Wall Street participants digestearnings results.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD

Sanae Takaichi is elected as Japan's first ever female prime minister after her LDP party agreed to a coalition deal with right-wing partners Japan Innovation Party. U.S. credit risk jitters ease and markets enjoy a comeback rally as investors now eye this week's corporate earnings and a potential trade truce between the U.S. and China. In Europe, EU leaders rally around Ukrainian President Volodomyr Zelenskyy following last week's meeting with President Trump at the White House. Zelenskyy is due in London for meetings with the Coalition of the Willing.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Send us a textDollar extends gains as US equity futures turn slightly lower. Trump's tariff rhetoric fails to dent investor confidence. Gold retreats after fresh all-time high; oil weakness persists. Yen resumes its underperformance after Takaichi is elected as PM.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD

European futures are back in the green following Friday's market rout as contagion fears subside about a series of bad loans in the U.S. We hear from UK Chancellor Rachel Reeves who says she aims to tackle the headwinds facing the British economy in November's budget while remaining unwavering to her fiscal commitments. In luxury news, Kering agrees to spin off its beauty division to L'Oréal in a $4bn deal as new CEO Luca De Meo aims to cut debt and refocus the group towards fashion.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

James breaks down the biggest events moving the markets this week, including major company earnings reports and key economic data like the CPI. Learn how inflation trends and corporate results are shaping investor sentiment and what it could mean for the weeks ahead.

This week in the markets: Investors are jittery as the US bull run enters its fourth year. Fidelity’s Jemma Slingo reviews the stories moving markets.See omnystudio.com/listener for privacy information.

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Send us a textUS and China tone down war of words over trade, seek to defuse latest row. Dollar recovers from lows, equities resume rally, gold takes a tumble. Yen slides on LDP coalition deal but hawkish BoJ remarks limit losses. Tech earnings and delayed CPI report on investors' radar this week.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD

ECB board members continue to dampen hopes of further rate cuts. We hear from the heads of the Austrian and Croatian central banks who believe risks remain on both sides. U.S. President Donald Trump has hailed a ‘very good phone call' with his Russian counterpart Vladimir Putin ahead of Ukraine talks in Budapest. President Volodomyr Zelenskyy is due to hold talks at the White House later today. And in banking news, the U.S.-listed shares giant BBVA pop after the Spanish giant failed in its €17bn hostile takeover bid of rival lender Sabadell. It did not manage to reach the 30 per cent threshold to be granted a second attempt.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Chicken prices have hit their lowest level in two years, making it the week's biggest story. Beef's slowdown continues, pork holds steady, and dairy drifts lower — but poultry steals the spotlight as the market's best deal.BEEF: Prices are still drifting lower, though the declines are slowing. Middle meats are already ticking back up, hinting that the bottom may be near — but just how long before demand heats things up again?POULTRY: Chicken prices keep sliding, with boneless skinless breasts hitting their lowest point in two years. As demand cools and avian flu flares, the question is: how much longer can this market remain this soft?GRAINS: Harvests are booming and inventories are stacked, leaving corn, soy, and wheat all stuck in neutral. With talk of a biofuel push on the horizon, could soy finally be what shakes this market awake?PORK: Pork is steady, bellies holding at $134 while production rises with cooler weather. Processors may soon start stockpiling for spring, but for now, is this the calm before the climb?DAIRY: Last week's brief rally fizzled, with cheese and butter slipping again. Butter remains a seasonal bargain, but the question is — can this quiet market stay this smooth through the holidays?Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn

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We hear from a slew of ECB board governors at the IMF Annual Meetings in Washington where they tell us the European economy is on the right trajectory to bringing inflation down and to boost growth but they remain divided over on how to tackle potential future pitfalls. U.S. Treasury Secretary Scott Bessent tells CNBC the White House will act in the U.S.'s best interest as the trade war with China threatens to flare up once again. Bessent said the stock market will not influence any U.S. government decisions. Nestlé posts better than expected Q3 sales with investors anticipating new CEO Philippe Navratil's new strategy for the Swiss food giant. And in tech news, the world's largest contract chip maker, TSMC, posts a near 40% rise in net profit in the third quarter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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ECB President Christine Lagarde refuses to call an end to the central bank's interest rate cutting cycle despite hailing the resilience of euro zone economies. Lagarde tells our colleagues Stateside she is anticipating all risks. Dutch chip maker ALSM posts net bookings ahead of forecasts for Q3 and is expecting stable sales next year despite a major slowdown in Chinese demand. Luxury giant LVMH posts a 1 per cent increase in third quarter sales thanks to a rebound in the Chinese market. We speak to the CEO of Swiss watch maker Breitling, Georges Kern, who says an easing of political tensions would immediately boost luxury goods consumption.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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The S&P 500 and Nasdaq enjoy their best session since May, even as trade tensions with China simmer while Broadcom jumps 10% after becoming the latest chipmaker to ink a deal with OpenAI. President Trump declares the end of the war in Gaza, as the last living Israeli hostages are returned and hundreds of Palestinian detainees are released. At a special summit in Egypt, Trump points to an era of peace. Silver prices set an all-time high after a historic short-squeeze on the London market.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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In hour two, Marc Cox recaps President Trump's historic speech to the Israeli Knesset, where he praised Prime Minister Netanyahu, honored victims of the October 7th attacks, and called for peace through strength. The discussion covers the release of 20 hostages after 738 days in captivity, Trump's push for regional cooperation through the Abraham Accords, and the potential for new economic partnerships in the Middle East. They also note brief disruptions from opposition members and Trump's response. Nicole Murray joins with her business report, highlighting major market losses, Ferguson Brewing's planned closure, new U.S. tariffs on China, rising oil prices, and Amazon's Prime Day lawsuit.

Futures point to a stock market rebound across Europe and the US as President Trump says 'it will all be fine' - after triggering a Friday sell-off with his 100% tariff threat against China. Meanwhile, Israel's military says the first hostages have been released by Hamas under the Gaza ceasefire agreement, as President Trump flies into the region. Iraq's Prime Minister tells CNBC he hopes today marks the start of lasting peace. Over in France, Sebastian Lecornu unveils his new government, two days after being reappointed Prime Minister - and prepares to present a budget proposal today.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In today's episode of 15 Minutes of Finance, we break down the latest market news and what investors should really watch for beneath the headlines. We dive into the forward price-to-earnings (P/E) ratio, Explaining how current P/E is used to value stocks and why it can sometimes paint a misleading picture. James also tackles common misconceptions about valuation, including why a “high” P/E doesn't always mean a stock is overvalued. Whether you're a long term investor or just trying to understand how Wall Street prices stocks, this episode gives you clear, no-jargon insight into today's markets and what it all means for your portfolio.Minor correction Costco trades at a 49 Forward P/E and Nvidia at a 30 Forward P/E

This week in the markets: stock markets enter the ‘nervous nineties’; earnings season kicks off; and gold pushes above $4,000. Fidelity’s Tom Stevenson reviews the stories moving markets.See omnystudio.com/listener for privacy information.

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The U.S. government shutdown continues into a tenth day, dragging the Dow to its worst session in almost a month. Europe's Stoxx 600, however, enjoys its longest week-to-week winning streak since August. We are live in Paris where the office of President Macron has pledged to pick his new prime minister – France's sixth in less than two years – by the end of today. The Israeli cabinet has ratified President Trump's ceasefire deal with Hamas which could see operations in Gaza suspended within 24 hours and Israeli hostages freed by the start of next week. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Israel and Hamas agree on the first phase of a U.S.-brokered ceasefire deal and hostage return in what is a crucial first step to ending the two-year conflict. We are live in Paris where outgoing Prime Minister Sebastian Lecornu predicts France should have a replacement for his post within 48 hours as lawmakers attempt to calm the latest political turmoil engulfing the country. In Hong Kong, listed shares of HSBC nosedive after the lender announces it will cease buybacks for three years in a proposal to take Hang Seng Bank private. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Fears of a strong A.I.-fueled rally puts an end to a seven-day winning streak for the S&P 500 but gold shows no sign of stopping, breaking through the symbolic $4000/oz level. The U.S. government shutdown enters its second week with little hope of any breakthrough. President Trump has hinted he could deny back-pay for certain federal workers. And BMW is forced to slash its FY sales forecasts on the back of U.S. tariffs and poor Chinese demand. The German auto maker now says a dip on the year looks inevitable.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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French President Emmanuel Macron scrambles to deal with the fallout of Prime Minister Sebastian Lecornu's shock resignation yesterday which caused yields to soar and French equities to plunge. The U.S. government shutdown continues, edging gold prices ever closer to the landmark $4,000 mark. And in tech news, chip designer AMD sees shares skyrocket by up to 20 per cent following its multi-billion dollar tie-up with ChatGPT maker OpenAI.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Nikkei hits an all-time high, surpassing the 48k-mark for the first time ever following the ruling LDP leadership vote which will see Sanae Takaichi installed as the country's first female prime minister. The U.S. government shutdown enters its sixth day with President Trump threatening mass federal lay-offs. In France, new prime minister Sebastien Lecornu picks his new cabinet with Macron ally Roland Lescure set to become the country's new finance ministerSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Join us for this week's Market News Monday! We're breaking down the latest moves in the stock market, economic updates investors need to know, and one sleeping giant you probably haven't heard enough about; Hippo Holdings (HIPO). Hippo is transforming the insurance technology space, and we'll explain why this company could be one of the most undervalued growth stories in today's market. From financial performance and analyst sentiment to potential catalysts ahead, we dive into the numbers and the story behind this stock's massive potential.

This week in the markets: gold and Japanese stocks pick up the leadership baton as the US bull market heads towards its third anniversary and a 90% gain. Fidelity’s Tom Stevenson reviews the stories moving markets.See omnystudio.com/listener for privacy information.

This week the markets send mixed signals – beef prices slide but middle meats refuse to budge, chicken keeps dropping while avian flu stirs again, and pork bellies dip as loins hold value. Grains stay calm and dairy finally bounces after weeks of decline. Is this the start of real relief, or just the setup for another rally?BEEF: Prices are slipping across most cuts, with chucks, sirloin flap, rounds, and grinds leading the way lower. Even ribeyes and tenderloins paused their climb, though holiday demand will likely push them higher again soon. The big question – will packers tighten harvests to stop the fall, or do we get a few more weeks of relief?POULTRY: Chicken prices keep sliding, with boneless skinless breasts hitting 18-month lows and no clear bottom yet. Production still looks strong, though government reporting is on pause during the shutdown. The real watch – does this drop keep running, or are we about to hit the floor?GRAINS: Harvest is rolling along, and markets aren't budging much. Corn slipped to $4.06 from $4.15 last week, with soy and wheat stuck in the same tight range. With big crops expected, the question is – what's it going to take to shake these markets out of neutral?PORK: Bellies keep sliding, down to $151 from last week's $169 – and that means bacon pricing should ease too. Butts and ribs are inching higher, while loins continue to shine as the best value in pork. The question now – is this just a seasonal dip, or the start of a bigger shift in pork markets? DAIRY: After six straight weeks of declines, the CME finally turned higher. Barrel is up 6, block up 10, and even butter ended its slide with a 6-point gain. The big question – is this the start of a real rally, or just a short bounce before more pressure ahead?Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn

Equity markets on both sides of The Pond notch another week of record highs as investors seem to shrug off any concerns relating the U.S. government shutdown. Into its third day, President Trump continues to warn that the shutdown will result in mass Federal agency lay-offs. U.S. Treasury Secretary Scott Bessent tells CNBC the Democrats are responsible for the shutdown and will feel its ‘ramifications'. And in autos news, Tesla posts record Q3 deliveries but shares are down as investors fear the fallout for the sector as EV tax credits expire. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. government remains shut down but President Trump says his administration will use the opportunity to save money in key areas. Markets remain sanguine with the Stoxx 600 and the S&P 500 recording all-time highs. In Copenhagen, European leaders back the introduction of drone walls to block increasing Russian incursions. The bloc falls short of agreeing to use frozen Russian assets to help with the reconstruction of Ukraine. OpenAI unveils its latest partnership with South Korea's Samsung and SK Hynix, sending both companies' shares soaring. Meanwhile, we are live at Italian Tech Week in Turin where the CTO of Microsoft, Kevin Scott, tells us OpenAI is key to his firm's future. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. government shuts down after Democrats and Republicans failed to agree on a federal funding deal. President Trump has warned of lay-offs. Ahead of today's EU summit in Copenhagen, we speak exclusively to Luxembourg's Prime Minister, Luc Friedman, who says that the bloc must provide stronger deterrence in the face of an increasingly hostile Russia. Sports giant Nike posts a surprise growth in sales which has pushed its stock up by almost 5 per cent as its turnaround strategy begins to pay off. The retailer warned, however, that progress will not necessarily be linear. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.