Wall Street Soars On Powell Comments
Global business news, with live guests and contributions from Asia and the USA.
Federal Reserve Chairman Jerome Powell has told a conference that he will not resign from his post if President Donald Trump asks him to. The comments boosted Wall Street, with the Dow Jones Industrial Average closing up 3.29% at 23,433. The Βι¶ΉΤΌΕΔ's Michelle Fleury sums up the day from New York.
With a partial government shutdown in the US now entering its third week, we talk to one federal employee about the mood amongst her colleagues.
Hundreds of German politicians have had personal details stolen and published online. Sven Herpig, project director of the Transatlantic Cyber Forum at the Berlin-based think-tank Stiftung Neue Verantwortung, tells us how much personal data was leaked after the breach.
You may well have heard of the dark web by now. It’s the hard-to-reach cousin of the regular web. Not many of us know how to get there, but Kai Ryssdal, who hosts the Marketplace show on American Public Media, called up some technical help to see for himself what the dark web looks like.
And finally, the Βι¶ΉΤΌΕΔ’s Manuela Saragosa has been looking into the arguments around whether businesses should be doing more to tackle the problem of loneliness.
Plus we look back at the rest of the week's big business stories with Nina Trentmann of the Wall Street Journal in London, and Melody Hahn, senior writer at Yahoo Finance in New York.
All through the show we’ll be joined by Peter Ryan, the ABC's senior business correspondent.
(Picture: U.S. President Donald Trump speaks in the Rose Garden of the White House on January 4, 2019 in Washington, DC. Picture credit: Alex Wong/Getty Images)
Last on
More episodes
Broadcast
- Sat 5 Jan 2019 01:06GMTΒι¶ΉΤΌΕΔ World Service
Podcast
-
Business Matters
Global business and finance news and discussion from the Βι¶ΉΤΌΕΔ