Listen: Sears, Bloomberg, United States discussed on 24 Hour News
"Fifty four degrees. Cloudy skies. Go down to fifty two in midtown early. This morning. Mainly cloudy later today. Breezy becoming milder. Couple of showers around high sixty seven wins news time to twenty-six. Now. Bloomberg money watch on ten ten wins as the week on Wall Street begins. Investors might be open for a little less volatility after last week's wild ride, but Ryan dietrick of L P L financial reminds us to take the long view and look back to two thousand sixteen a big midterm election. A little bit of weakness and uncertainty ahead of time makes sense. Let's not forget before the US election in November two thousand sixteen. We had either nine or ten day losing streak on the Dow one of the longest losing streaks in a while. And then we had obviously, you're bound after thank of America reports quarterly earnings before the market opens this morning, Morgan Stanley, Goldman Sachs and net. Flicks report tomorrow third quarter reports from US companies will show whether the Trump administration's tax breaks are still boosting corporate profits retail sales numbers come out today. The forecasters say they picked up in September. The optima. Mystic. Outlook is supported by the university of Michigan's consumer sentiment index. Canada becomes the first G seven country to begin selling recreational marijuana on Wednesday. Bloomberg money watch at twenty six and fifty six past every hour. I'm Martin dicara over ten ten wins. And some breaking business news this morning. Another iconic name and retailers filed for chapter eleven bankruptcy protection. Sears once dominated the American retail landscape is now buckling under its massive debt load and staggering losses. Hey question, whether the shrunken version of Sears can be viable, or will it be forced to go out of business closing the final chapter for an iconic name that originated more than a century ago. Once again, Sears was."