35 Burst results for "Vinny Del Giudice"
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Markets for that. We turn to Charlie Keller. Hi, thank you very much, Joe Matthew, the Dow, the FMA stack holding on to gains, but the key takeaway here we are well off session highs. 7 point events right now for the S&P at 4053. That is a gain of two tenths of 1%. The Dow up 32 now up one tenth of 1% as stack up 23, a gain of two tenths of 1%. There is speculation that the recent rebound might be getting overdone amid looming economic risks, tenure yield 3.98% with the two year 4.89%. Spot gold down $10 the ounce right now gold is an 1846 ounce down by about 6 tenths of 1%, West Texas intermediate crude oil up 6 tenths of 1%, 80 17 for a barrel of West Texas intermediate crude. There is positive news about international trade from the high seas to railroad yards and freight terminals and with that story here's Bloomberg's vineyard down giudice. The global supply chain is untangled, returning the status quo almost three years after the pandemic struck. That's the latest in the Federal Reserve and New York fed supply chain index for February. Less shipping congestion and easing a part shortages and a slowdown in consumer demand of all figured into the equation. Good news for Main Street. Vinny del giudice Bloomberg radio speaking of supply chains Norfolk Southern plans to add additional trackside heat detectors and explore the use of newer types of sensors as the railroad aims to improve the safety of its operations following a derailment last month that spilled toxic chemicals in Ohio. Tesla is reducing prices of its more expensive models again days after Elon Musk had cuts earlier this year had peaked interest in the company's electric vehicles Tesla shares down now by 1.95%. Recapping stocks holding on to gains with the S&P up two tenths, the tenure yield 3.98%. I'm Charlie palette that is a Bloomberg business flash. Charlie, thanks we'll check back with Charlie little bit later on this hour and see how markets are faring as we get a little bit closer to the bell. Still recovering from cpac weekend, where Donald Trump vowed that the Republican Party
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"It's one 41 on Wall Street we checked markets all day long here at Bloomberg, the Dow, the S&P nesta solidly in the green very close secession highs, stocks are gaining even after data highlighted resilience in the service sector with investors betting that the fed will not raise interest rates beyond peak levels already priced in by markets. The ten year now at 3.96% with the two year yielding 4.86%, the Dow the S&P and nez stack all higher S&P now up 1.3%, gaining 50 points at 4032, the Dow on track for a winning week up 275 up 8 tenths of 1% NASDAQ up 184 for NASDAQ, that is a gain of 1.6%, and should put out that for the year to date, yes, the year is young, but the Dow back in the green up this year by .4%. Spot gold up $11 the ounce to 1847 West Texas enemy accrued up 1.7%. 79 49 a barrel. America's service sector expanded for a second month after stalling at the end of last year, and with that story here's Bloomberg's Vinny del giudice. The institute for supply and management reports service industry orders advanced in February reaching the highest level since 2021, employment also increased in the service sector benefited from firmer global demand with exports rising to a 5 month high measure of inflation suggests prices rose at a slower pace last month but remain elevated. Any doubt giudice Bloomberg radio. The United Arab Emirates has no plans to leave the OPEC alliance, so this according to officials speaking on condition of anonymity denying a Wall Street Journal report that had sent oil prices tumbling. West Texas intermediate crude again up by 1.7%. And Airbnb host laid off 30% of its recruiting staff, even as it plans to expand overall headcount this year. I'm Charlie peloton that is a Bloomberg business flash. Bloomberg opinion informed perspectives and expert data driven commentary on breaking news. It is time now for Bloomberg opinion. Welcome today, Collins Faye flam and we have a two
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Trading. Let's get you up to date on the news you need to know what this shower, U.S. futures are lower as we kick off the final trading week of January. It's been a good one for bulls with the S&P 500 up 6% and the NASDAQ higher by 11%. But one Wall Street strategist says the rally will not last and we get the details live with Bloomberg Steve rappaport, Steve good morning. Good morning, Karen and Nathan. Investors might want to heed the warning from Morgan Stanley strategist Mike Wilson. He writes better price action has started to convince many investors they're missing something, compelling them to participate more actively, but when looking at the big picture, Wilson believes the recent price action is more a reflection of the seasonal January effect and short covering after a tough end to December and a brutal year. Live in New York, I'm Steve rappaport, Bloomberg daybreak. Thanks, Steve, Wall Street gearing up for two major economic events this week. The fed's first policy meeting of the year and the government's monthly employment report. Bloomberg's Vinny del giudice has more. Perhaps this week opt for smaller rate hikes. It's preferred measure of U.S. inflation just posted the smallest increase in more than a year assigned last year's jumbo moves are doing the trick. We'll get word Wednesday. America's labor market meantime is holding firm and economists are forecasting December payroll growth near 200,000 jobless claims a short term gauge of the U.S. outlook had been running near record lows as labor shortages persist in many industries. Right, Vinnie, thank you. It's also a busy week on the earnings front more than a hundred companies in the S&P 500 are port results, big names include meta, Amazon, Apple, and alphabet. And politics are in focus this week as well, Karen, President Biden is set to meet with House speaker Kevin McCarthy on the debt ceiling and we get the latest from Bloomberg stinky's Pellegrini. House speaker Kevin McCarthy says he's looking forward to talking with President Biden about the debt ceiling on Wednesday. And he says he does see some signs of a possible compromise. I want to sit down together, work out an agreement that we can move forward to put us on a path to balance at the same time not put any of our debt in jeopardy at the same time. McCarthy also telling CBS face the nation, he is not asking for cuts to social security or Medicare. But he worded this carefully, saying the GOP does want improvements to those programs. Do these Pellegrini Bloomberg daybreak? All right, Denise, thank you. And in Europe today, John cuts on the way at royal Phillips, the Dutch maker of medical equipment is cutting 6000 positions about 8% of its workforce and that comes on top of 4000 job cuts announced last year. S&P futures are lower this morning down 9 tenths of a percent are about 37 points. Dow futures down 6 tenths of a percent or 213 points. NASDAQ futures down 154 points or one and a quarter percent. Your local headlines straight ahead. This is Bloomberg
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"It's coming up on 5 30 on Wall Street. Good Friday morning, I'm Amy Morris. And I'm Nathan Hager where nearly four hours away from the open of U.S. trading. Let's get you up to date on the news you need to know at this hour. Futures are moving higher ahead of today's inflation data, the producer price index will be one of the final ratings before next week's fed decision. Let's get a preview from Bloomberg's Vinny del giudice. November's producer price index rose 8% year over year, the smallest increase since June 2021 might need that is still well above the federal reserves overall inflation target. What's going on? Bloomberg economics, notes, goods, prices, are moderating as domestic and global demand slow and supply chain delays ease. The strong dollar is also an issue. Next week we get data on November consumer prices. Any doubt should I Bloomberg daybreak? All right, Vinny, thank you. That producer price data comes out at 8 30 a.m. Wall Street time, followed by University of Michigan sentiment 90 minutes later. And Nathan despite calls for a recession some of the biggest investors predict stocks will see gains next year, 71% of respondents in a Bloomberg survey expect to equities to rise that compares with 19% forecasting declines. Now, one of those forecasting declines is Morgan Stanley chief investment officer Mike Wilson, he has turned bearish again, saying value stocks are a risk. So I don't think there's as much of a distinction between value and growth at this stage of the economic cycle, unless you're talking about the defensive parts of value for Morgan Stanley, chief investment officer Mike Wilson expects the S&P 500 to resume declines, relatively soon. And new developments this morning in the collapse of cryptocurrency exchange FTX, Sam bankman fried has missed a key deadline set by a Senate committee. Let's get the latest live with Bloomberg's Steve rappaport. Good morning, Steve. Good morning, Amy and Nathan, Sam bankman freed faces the possibility of a subpoena after he failed to respond to a request to appear before a Senate panel next week. Lawmakers are demanding an explanation for the implosion of FTX, bankman freed indicated he would testify before a House committee, it's unclear why he's remaining silent on this one, though the FTX founder recently retained a defense attorney, live in New York, I'm Steve rappaport, Bloomberg daybreak. Okay, Steve, thank you. And WNBA star Brittany grinders on her way home to Texas after a prisoner swap with Russia. Her release has put a renewed spotlight on retired marine Paul Whelan, who is still imprisoned in Russia. White House press secretary karine Jean Pierre says negotiations for Whelan's release are ongoing, but Russia won't budge. We did not want to lose the opportunity before us to secure the release of one of them. And so that was the choice. One or none? Korean Jean Pierre, The White House says they are still working to secure Whelan's release. Right now S&P futures are up ten points, Dow futures, up 46 NASDAQ futures are higher by 42 points, ten year treasuries up two 30 seconds, the old 3.47%. Nymex screws up 8 tenths percent at 72 O 6 a barrel and comic scold is up to 10% trading at 1805 20 and ounce. Straight ahead, your latest local headlines and a check of sports, this is Bloomberg. Thank you, Nathan 5 31 on Wall Street. Let's bring in Michael Barr
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Banana split at tassel pharmacy in this city east of Pittsburgh in 1904. I'm Brian shook. And I'm Charlie pellet. App Bloomberg world headquarters. Stocks slumped as short sellers cashed in on fed speak. Investors turned cautious after Federal Reserve officials beat the drum on hiking rates. Today, new data on state unemployment rates, that story from Bloomberg's Vinny del giudice. Who has the nation's lowest jobless rate? It's Minnesota at 1.8% followed by Nebraska, Utah, and New Hampshire, all at 2%. Job openings have been running at record levels across the country, and the national unemployment rate is one of the lowest in a half century. And yet there are signs that labor market is moderating is the fed raises interest rates to fight inflation. Bloomberg radio. And next week we get new numbers on housing specifically new home sales data on Tuesday as for the mortgage backdrop. Danielle Hale is chief economist at realtor dot com. It is likely that we will see mortgage rates continue to climb. But we've seen them come down. They were very close to 6% by a lot of metrics in June. They're now down just above 5%. Realtor dot com's Danielle Hale. It has been a tough summer for airline passengers with chaos at airports around the globe and specifically in the northeastern part of the U.S.. Is an airline analyst at Raymond James. You have kind of just across the supply chain at the airlines and the airports. Just staffing levels that aren't back to the point that activity that we saw pre crisis. Hopefully, as we go through the following months, hiring picks up people gain more experience. Some of these issues should resolve. But unfortunately, the northeast airspace is a longer term issue that needs to be resolved. Savvy sets of Raymond James. Stocks lower today with the S&P down 55 down 1.3%, the Dow dropped 292 down 9 tenths NASDAQ was down 2%. Global used 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I'm Charlie pallet. This is Bloomberg. This is Bloomberg best. Bloomberg radio is everywhere. I always accurate and precise Bloomberg's really one of the places that's reporting facts. Your communication capabilities are wonderful for our business. I'm Ed Baxter. And I'm Denise Pellegrini. On this weekend edition of Bloomberg best. Some insight into OPEC with a new secretary general. He's become a scarce. We don't want the oil markets to run on without insurance policy. Shoppers are alive and well. According to economist Michelle Meyer. Consumers are worried. They're trying to plan ahead. They're trying to think about how to navigate the economic environment. But in the interim, they are still out spending. And will blockchain set musicians free, will the artists release their own creative works digitally through NFTs, themselves or will they continue to give their rights or sell the rights to record labels, Bloomberg best, Bloomberg's best stories of the week, powered by 2700 journalists and analysts in more than a 120 countries around the world. Ed are meme stocks back. Let's start with that because we had a lot of strange things happening this week. Yeah, exactly the niche that well, if you ask people who own shares of like Bed Bath & Beyond this week, the answer would be probably yes. And oddly, the back to school season may actually somehow be connected to the resurgence in meme stock trading or stocks mentioned on chat boards end up getting a lot of attention. And that is what we
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"With David Weston coming up on balance of power and news of the search of Mar-a-Lago by federal agents has brought swift reaction from former president Trump's supporters. We ask a prominent Republican contributor Dan eberhardt for his thoughts, but first we get a market check from Charlie pellet. And here's what's going on, David Weston, tech gloom hitting stocks, NASDAQ now down one 75, down 1.4%, has stacked 100 index down 1.35%. Stocks are retreating as a downbeat outlook from another giant chip maker, Micron Technology, adds to recession fears micron down now by 5.2%, traders, meanwhile, are potentially unwilling to pile into risky assets ahead of tomorrow morning's inflation data. S&P now down 20, a drop of 5 tenths, the Dow is down 37 down one tenth of 1% as tacked down 1.4% as stacked down 177 points. The ten year yield 2.79% spot gold up four tenths of 1% 1795 yelps, while West Texas intermediate crude is down 5 tenths of 1%, $90, 31 cents a barrel on WTI. There is fresh date on worker productivity and it's not good as we hear from Bloomberg's Vinny del giudice. Again, falling at a steep 4.6% pace in the second quarter, labor costs keep rising as economic output drops feeding inflation. Bloomberg economics is rising labor costs could lead to fewer jobs. Productivity is down in three of the past four quarters. Then he doubts you dice Bloomberg radio. Norwegian cruise line holding shares are declining after the company forecast an unexpected loss for the third quarter, saying the economy and world events, including the pandemic of continued to suppress demand, Norwegian down 11.6%, other cruise lines lower as well, carnival corp down now by 6.4% royal Caribbean down by 6%. Recapping tenure yield 2.79% S&P down 19 down 5 tenths, nez stacked down 1.4% to Dow, down less than one tenth to 1%. I'm Charlie palette. Bat David Weston does a Bloomberg
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Year over year, a broad based increase in the largest in 40 years. June's reading could be even higher based on a survey of Wall Street economists. At the same time, Bloomberg economics as today's report will be balanced by recent evidence that inflation as well as economic growth may be moderating. The Federal Reserve is expected to keep raising interest rates to contain inflation by tempering economic growth. Vinny del giudice Bloomberg daybreak. Okay, Vinnie, thank you. Meantime, the International Monetary Fund cut. It's month old growth projections for the U.S. economy. It's warning a broad based surge in inflation poses systemic risks to both the U.S. and the global economy. And Federal Reserve bank of Richmond president Thomas barkin says the fed's top priority is to curb inflation. The fed's tools work over time. So I expect inflation to come down, but not immediately, not suddenly, and not predictably. I'd expect inflation to bounce around on its way back to our target. And these significant oscillations are going to take time to dampen. Richmond, fed president Thomas barkin says the right policy is to cool inflation without causing a significant economic downturn. Well, higher gas and oil prices have contributed to the inflation spike Karen this morning, crude is up following yesterday's decline, checking prices now, nymex crews up 6 tenths percent or 59 cents at $96 45 cents a barrel, Brent is at a $100 two cents. Well, incorporate new snake and Twitter's escalating its battle with Elon Musk and Bloomberg should need a young joint life with more good morning Renee. Good morning Karen, Twitter is suing Elon Musk after he abandoned his $44 billion takeover bid. The company is accusing him of having buyer's remorse after his fortune declined. Now the lawsuit says that Twitter has bent over backwards to provide Musk with the information he's requested. He's disputed Twitter's claims that less than 5% of its users are bots and wanted more proof. This filing is set up what will be a closely watched battle in the Delaware court system. Live in New York, I'm ranita young Bloomberg, daybreak. All right, we need to thank you. That's the 5 things that you need
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Basis point in an increase is not something the committee is actively considering Assuming that economic and financial conditions evolve in ways that are consistent with our expectations there's a broad sense in the committee that additional 50 basis increases should be on 50 basis points should be on the table for the next couple of meetings And with more on today's fed decision here's Bloomberg's Vinny del giudice Fed officials say they're highly attentive to inflation risks as household and business costs rise at the fastest pace on four decades They also say they're far from done that it could get ugly and rates will go even higher and effective June 1st the federal start cutting the size of its $8.9 trillion balance sheet as part of its aggressive tightening campaign The fed loaded up on government bonds during the pandemic to help keep a lid on rates to see economy recovered Many doubts you like Bloomberg right now And again we do have the ten year yield 2.92% spot gold of 8 tenths of 1% 1883 the ounce West Texas intermediate crude surging 5 and a half percent today one O 8 O two a barrel Briefly Intercontinental Exchange is buying Black Knight in a deal valuing the mortgage software provider at about $13.1 billion Black Knight shares surging 13.6% intercontinental down now by 4.7% after earnings Lyft is plunging 29% Rival Uber is down by 4.6% Recapping S&P up 2.9% ten year yield 2.92% I'm Charlie Palatin that is a Bloomberg business flash I turn on the radio Yeah but you let me drive Oh no no no no Honey please I'll do the driving drive on Excuse me I want to drive It's the question with drives us This is the drive to the clubs On Bloomberg radio It is the drive to the close live from the Bloomberg interactive broker studio in New York Good afternoon and happy fed day to our audience around the world And watching.
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"On Garrett and Leon Caroline good morning yes and we'll start with that and Russia is shifting direction in its approach to the invasion of Ukraine Bloomberg's Ed Baxter has that story This is nearly ten weeks into the war on whether it's military stalled in many areas including just marginal gains in the east Russia is now focused on annexation of the areas it is occupied The Kremlin is installing occupation governments ordering locals to use rubles for transactions and in some cases organizing referendums to open the way for full annexation In public the Kremlin says their advance will pick up but for now this action is necessary In San Francisco I met Baxter Bloomberg daybreak Europe Elsewhere after months underground civilians were evacuated from the besieged steelworks in Mario pole yesterday but there are fears hundreds have been left behind Russia appears to have launched another attack on the plant and in the city of lviv That comes as the EU is expected to outline plans for fresh sanctions against Russia targeting oil and banking And as Caroline mentioned earlier that will happen later today Now in other news in the U.S. a Federal Reserve is poised to announce the largest interest rate increase in two decades Bloomberg's Vinny del giudice reports Inflation is running hard to harvest and 40 years and it's anticipated the fed will bring out the big guns today launching a 50 basis point rate increase Officials are also expected to provide details on trimming the fed's balance sheet pumped up during COVID-19 with government bonds to help keep rates low Bloomberg economics anticipates the balance sheet runoff will begin this month and let the fed could down the line up for a jumbo 75 basis point rate increase if the inflation outlook doesn't improve If any doubt giudice Bloomberg daybreak Europe Staying in the U.S. vice president Kamala Harris has accused Republicans of attacking women's rights following news at the Supreme Court as poised to strike down roe versus wade.
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"That are completely destroyed right now Our victim's family and our shooter's family Police say Ryan faces charges of murder attempted murder and criminal possession of a weapon Millions of New York student loan borrowers are among the 43 million people nationwide benefiting from the Biden administration's extension of the pandemic pause on student loan payments Biden's fourth extension of the freeze takes the resumption of payments from May 1st all the way to September 1st But some say Biden should make good on a campaign promise and cancel $10,000 worth of federal student loan debt for all borrowers Now it's law governor Kathy hochul signed the $220 billion state budget yesterday The budget which was a week late will rely on a windfall of federal funds and higher than expected tax revenues Federal Reserve officials have their hands full as they try to rein in the fastest inflation in 40 years We get more from Bloomberg's Vinny del giudice Economists surveyed by Bloomberg the third inflation forecasts They now see U.S. inflation averaging 5.7% by the end of the year along with an increased risk of recession next year The data illustrates the hurdles facing fed officials as they raise interest rates Minutes of last month's policy meeting indicate we could see one or more hefty half point increases as the fed tries to fend off inflation They need doubt Judaism Bloomberg radio Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I am Susanna Palmer This is Bloomberg.
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Be tested over the next 5 months at a series of locations And insurance company is revealing damages done by man's best friend London based aviva said it receives an average of about 800 accidental damage claims each year involving dogs One of the most noteworthy claims it received involved a Labrador great Dane mix causing more than $5000 worth of flood damage after it turned on a water tap in its owner's kitchen Others included a dog knocking over a TV after getting excited about seeing another dog I'm Brian schuch And I'm Charlie pellet Bloomberg world headquarters Another losing week for stocks a down Friday investors vacillating between panic selling and dip buying risk sentiment deteriorated after Ukraine's top diplomat said he does not see progress in talks with Russia And ahead of next week's fed meeting investors were also keeping an eye on the latest economic data with more Here's Bloomberg's Vinny del giudice The University of Michigan reports its national consumer sentiment next dropped at the lowest since 2011 The inflation outlook dimmed We're talking about the worst and four decades in the aftermath of Russia's invasion of Ukraine The University of Michigan also reports the highest share ever of Americans seeing their finances taking a turn for the worse If any doubt should ice Bloomberg radio Apple shares fell 2.4% today with the iPhone maker suffering its longest weekly losing streak since May Apple has had its 5th straight week of losses There are many questions about banks and their exposure to Russia JPMorgan Chase and Goldman Sachs this week said they are pulling back in response to Russia's invasion of Ukraine Maya Rodriguez valladares is managing principle at MRV associates Of course Citi bank Goldman Sachs JPMorgan because they are the largest trading houses You're still going to see some volatility in their trading portfolios And it's not just going to be Russia and Ukraine It's going to be all of the enormous emerging market portfolios that they trade Myra Rodriguez valladares managing principle at MRV associates Stocks declined today with the S&P down 55 down 1.3% the Dow was down 7 tenths of 1% while NASDAQ declined 2.2% Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Charlie pellet This is Bloomberg.
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Interviewing for a job in the Supreme Court We'll talk with law professor Laurie ring hand of the university of Georgia but first we get a market check from Charlie pellet And I thank you very much David Weston Here's what's going on Equities lower across the board right to the numbers fast moving markets a bounce off the low but nonetheless we've got the S&P down 50 right now Drop there of 1.1% The Dow down 493 a decline of one and a half percent as stacked down 197 to drop right now of one and a half percent Tenure is up one 32nd ten year yield right now 1.92% spot gold lower by one tenth of 1% Bitcoin rallying 1.6% 37,680 right now on Bitcoin crew though a major story today Brent 96 90 a barrel that of course the global benchmark up right now by 1.6% and West Texas intermediate crude 92 70 up by 1.8% Equities lower across the board investors weighing the potential damage from sanctions to Russia after president Vladimir Putin recognized to separatist republics in eastern Ukraine and ordered troops sent to them coming up in just a moment we will be hearing from President Biden we will have those remarks for you live right here on Bloomberg radio Economic news today consumer confidence down home prices heating up and with more on that story Here's Bloomberg's Vinny del giudice Mister helpless feeling out there for many Americans Wake yourself finally increasing for many but inflation is heating away at those gains of supply shortages persistent housing cost creep higher.
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Coming up on balance of power North Korea confirms launches of four missiles this week for Raising tensions with the U.S. same time the Beijing Olympics set to begin and of course against the backdrop of our standoff with Russia will talk to Jim Walsh of MIT about what is at stake in what you need to know First though let's get a market check With mister Charlie hi thank you very much Joe Matthew and here's what's going on the Dow The S&P nez stack they're all pushing higher right now S&P up by 50 We're closing in on the best level of the day with the S&P up by 1.2% What a week by the way the Dow up 202 right now up by about 6 tenths of 1% NASDAQ rallying 232 for the NASDAQ composite index up 1.7% NASDAQ 100 index up by a 1.8% Russell 2000 and underperformer yes higher but up by about one tenth to 1% out transports also up by one tenth of 1% Stocks climbing at the end of a week that has been marked by wild market gyrations strong earnings out of Apple luring dip buyers overshadowing fears that the fed will have to act aggressively to head off the fastest inflation since the 1980s Apple shares up 5.9% after last night's earnings reports also rallying Microsoft up today by just about 1.4% Inflation is chewing away at household income across the United States and with that story Here's Bloomberg's Vinny del giudice Despite fatter paychecks inflation is imposing a penalty disposable personal income that's income adjusted for inflation and taxes dropped in December for a 5th month Companies are lifting paid to attract workers amid labor shortages business employment costs posted the second largest quarterly increase in 15 years Many gaucher ice Bloomberg radio Ten year yield now 1.78% spot gold down 5 tenths of 1% 1787 ounce West Texas intermediate crude up 8 tenths of 1% 87 33 right now on WTI Brent the global benchmark 90 55 It is higher by 1.4% So again recapping tenure yield 1.78% this Friday we've got the S&P up 52 up 1.2% I'm Charlie pelota Matthew is a Bloomberg business flash.
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Futures are treading water ahead of today's fed decision 6 O one on Wall Street we check the markets every 15 minutes throughout the trading day on Bloomberg S&P futures are a little changed down futures up 45 NASDAQ features down 22 the Dax in Germany's up a third of a percent ten year treasury that'll change Yields 1.44% yield on the two year .66% 9 X squared oil is down 1.1% on 77 cents at $69 94 cents a barrel There's down a quarter percent Nathan That's wait and see mode Karen ahead of today's highly anticipated policy decision from the Federal Reserve the Central Bank is now weighing high inflation against the prospect of a spreading omicron variant Here with more miss Bloomberg economics correspondent Michael McKee Fed officials have two goals at this meeting They want to show investors they are taking the threat of higher extended inflation seriously But they don't want to promise they're going to raise interest rates while inflation is at a four decade high The rapid spread of the omicron COVID variant creates a lot of uncertainty about the course of the economy We'll get their latest forecasts for prices growth and rates look for policymakers to speed up the wide down of their QE bond buying to give themselves an option to raise rates if the economy and inflation stay strong Michael McKee Bloomberg daybreak All right Michael thank you and stay tuned for fed coverage today on a special edition of Bloomberg surveillance starting at one 30 p.m. Wall Street time on Bloomberg radio and television But first ahead of that decision we get another key reading on the economy Retail sales are projected to rise 8 tenths of a percent in November and we get more from Bloomberg to Vinny del giudice Supply shortages and transport delays triggered by COVID-19 persist backing up maritime ports Bloomberg economics says that's prompted many Americans to shop.
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Across the state jumped 20% in the past week Several parts of the state are reporting high positivity rates 10.2% in western New York 9.4% in the finger lakes and 9.3% in Mohawk valley New York City's rate which is the state's lowest edged up to 1.69% from 1.65% overnight China would face a colossal outbreak on a scale beyond anything any other country has yet seen if it were to reopen in a similar manner to the U.S. that according to a prediction based on statistical modeling by researchers at Beijing's prestigious Peking university A switch from China's current COVID elimination strategy to an American style approach with few restrictions would lead to as many as over 637,000 infections a day at according to the study which was published by the Chinese Center for Disease Control and Prevention on November 24th That would be the largest daily figure reported by any country since the start of the pandemic Wall Street anticipates another solid gain when the government issues its monthly payroll report this coming Friday we get more about that from Bloomberg's Vinny del giudice How about another half million or so That's the forecast for November payroll growth following October's gain of 531,000 jobs The prospects for America's labor market look good even as late year search and COVID-19 cases fell hospital wards in many parts of the country Weekly jobless claims were running at a half century low of 199,000 Any gauge Bloomberg radio Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries I'm Susanna Palmer This is Bloomberg Broadcasting from the financial capital of the world Bloomberg 11 three O in New York To Washington D.C. Bloomberg 99 one to Boston Bloomberg one O 6 watt Does San Francisco Bloomberg 9 60 to the country Syria's XM channel one 19 and around the globe The Bloomberg business app and Bloomberg radio dot com This is Bloomberg businessweek With Carol matter and Bloomberg.
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"Caroline hepker will welcome to Bloomberg day break You have this morning where the keys to the market today will surely lie in the U.S. jobs report at 1230 lunchtime London time that is Hugely important now for the direction of the fed not just the number of jobs added but how many people are coming back into the workforce and also wage growth How much their earning It comes after the surprise Bank of England decision to keep interest rates on hold That really was a shock and it has changed the picture in terms of bond markets sovereign bonds holding on to gains now this morning You saw significant moves in the short end of rate of yields for both U.S. European and Aussie bonds at the moment the Aussie two year yield is dropping three and a half basis points this morning China's ten year yield down almost three basis points As for the market open for Europe and the U.S. futures both point to a lower start to trading you're still 50 futures down a tenth of 1% after a session where we saw Asian stocks very much in the red MSN Asia Pacific index down half of 1% The only other thing really to mention is OPEC plus not bowing to any pressure to increase production $79 14 the bow for WTI crude features So we bounce back a little bit from the losses that we saw yesterday were up four tenths of 1% this morning Okay let's bring you the details then on the jobs day picture today Investors eagerly awaiting the monthly employment report and economists are forecasting the best showing in three months on October gain of about 450,000 jobs Bloomberg's Vinny del giudice reports Bloomberg economics he's job growth picking up after two months of disappointment given the pandemic has been easing in many parts of U.S. and industries gearing up Jobless claims meantime keep setting new pandemic lows and ADP payroll data signal growth Job openings have been running at record levels Then again Bloomberg economics says the labor market recovery could be restrained in part because many COVID-19 victims are convalescing and family members are staying at home to provide care They need to help Julie's Bloomberg daybreak Europe Now on to other news the Bank of England did defy market expectations by keeping interest rates on hold I mentioned that while officials voted 7 to two to keep the benchmark rate at the record low of .1% after the decision at traders slashed rate hike bets and sent the pound tumbling also the Bank of England now sees inflation hitting 5% in April next year Meanwhile The White House says that OPEC and its allies are putting the global economy at risk after the cartel rejected President.
Bloomberg Radio New York
"vinny del giudice" Discussed on Bloomberg Radio New York
"S and P 500 sector in the red right now being led by the reflation sensitive financials. As well as the energy stocks. Almost every stock in the Dow Jones industrial average down right now led by Intel and Goldman, Sachs, only Salesforce Khamis inching up right now. And Jones industrial average on pace for its worst week since January. Tech heavy NASDAQ 100 set a record yesterday, dropping from that record high Today, the Federal Reserve officials may be getting an itchy trigger finger. Let's find out more in this report from Bluebirds Vinny Del Giudice, the U. S economy is bouncing back and inflation is bouncing higher interest rates could follow as soon as late next year. That's the assessment of ST Louis Fed President James Bullard. Speaking on CNBC the question, Bullard says his will inflation persist. Consumer prices registered the largest year over year increase since 2000 and eight Me. Tell Jude Iceberg Radio volatility The name of the game today That could be possible when we get the options and futures on the indexes and equities expiring triple witching we call it s and P 500 right now. 41 points lower. It is down. 1% 4180, the NASDAQ 166 points lower. That's down half a percent at 14,099, the Dow Jones industrial average 480 points lower That's down. 1.4% were 33,339 2 year yield at a quarter of a percent. The 10 year at 1 46. And then you have the 30 year above 2% 2.3%. Right now we check the markets for you every 15 minutes during the trading day, right here on Bloomberg Radio. John Tucker. That is your Bloomberg business. Flash Matt John..
Bloomberg Daybreak
Fed Likely to Hold Steady on Interest Rates, Bond Purchases
"Decision from the central bank, plus key forecasts. Bloomberg's Vinny Del Giudice has more. Bloomberg economic says the Fed's policy statement will probably take note of economic gains while emphasizing the limited upside risksto inflation. Aside from that Bloomberg Economic sees no change to interest rate palace. You're the pace of Had bond purchases. No forward guidance, suggesting a change is afoot. Defense dot plot projections will probably signal interest rates hovering near zero through 2023. Supporting economy pummeled by covert 19, Vinny del Schutte. Nice Bloomberg Daybreak. Many thank you Oil. Also in
Bloomberg Businessweek
Black-Owned Businesses Hit Especially Hard by Coronavirus Pandemic, Study Finds
"Reserve study warns the pandemic poses a grave risk the black owned small businesses across the United States on with that story, Here's Bloomberg's Vinny Del Giudice. The data compiled by the New York Fed Showa, 41% drop in the number of small business owners who are black. That's twice the number of total small businesses. Recent include concentration of black businesses and pandemic hot spots and the uneven reach of government aid in the early days of the crisis, many down to die Spielberg radio
Masters in Business
U.S. banks clear first hurdle of Federal Reserve's annual stress test
"The Federal Reserve is giving a passing grade to America's banking system is evidence of slower economic growth piles up, and with that story. Here's Bloomberg's Vinny Del Giudice, make your banks clear to key hurdle in the annual stress test the financial system. The ability to withstand an economic shock Goldman Sachs and Morgan Stanley, both Trump higher grades. The Fed's vice chair for banking supervision. Randall coral says the results show, the financial system is resilient. That's his word resilient. The stress tests were introduced in the aftermath of financial crisis. Thank you to go and he chewed ice. Bloombergradio fed vice chair Richard Clarita says the argument in favor of cutting rates has strengthened recently as cross-currents buffet the US economy amid heightened uncertainty. His remarks came in an interview with Bloomberg television and radio. Well, I think that, that we really have uncertainty in the sense that there's always some geopolitical uncertainty, but there's also uncertainty about how the global economy navigate. That a point you know you have negative interest rates in the year zone and in Japan, those countries are or well away from where they want to be. And I think that is a factor as as well. And Laurie hinal is deputy chief investment officer at State Street global advisors. One of the things that was really good coming out of the fed is that they're not sounding any warning signals. It's not as though the economy is really turning over. So we actually think that some of the market movement obviously, in response to the federal this week is actually going to follow through as we see good economic data so down Friday with the s&p five hundred index falling for the first time this week for the week though the S and P five hundred index gained two point two percents. The SNP Laura by three down one tenth of one percent ending the week of twenty nine fifty. The Dow down thirty four down one tenth of one percent. Nasdaq down nineteen down two tenths of one
Bloomberg Daybreak
Empire State factory index slumps in December
"Wall Street time, the New York fed issues its regional factory index for December. Economists say the data will probably signal slower growth. Bloomberg's Vinny Del Giudice reports. The prior Empire State factory index rose to the highest level since August. We may not see that again, any time soon manufacturers face headwinds, the trade war with China rising interest rates data issued last week indicated nationwide factory
Bloomberg Businessweek
Federal Reserve, Bloomberg And Bloomberg World discussed on Bloomberg Businessweek
"Arizona state Appalachian state delivered a forty five thirteen trouncing of middle Tennessee in the New Orleans bowl and Georgia Southern edged eastern Michigan twenty three twenty one in the chameleon. I'm Barbara Kusak. And I'm Susanna Palmer from Bloomberg world headquarters as UK Prime Minister Theresa may prepares to face lawmakers in parliament tomorrow her team is pushing back on claims that cabinet ministers have been working on the possibility of a second referendum on leaving the European Union. A Brexit do over maze education secretary and chief of staff denied there are preparations for a second Brexit referendum. A are denying published reports newspapers that one could be in the works bond. Traders are all but certain the Federal Reserve will tighten policy this week this centers on officials latest forecasts for interest rates and the economy and whether to and ten year yields will invert following the inversion earlier in the month of three and five year yields the ten year note last quoted at yield of two point eight nine percent. The two year yield last quoted at two point seven three percent. Economists say the Federal Reserve could shift gears in two thousand hundred after raising interest rates next week more from blue. Bloomberg's Vinny Del Judas. The fed is titan three times since the start of the year and another quarter point hike is expected Wednesday. Looking further ahead. A Bloomberg survey of economists says the fed will make just two moves next year amid forecasts for slower economic growth depending on March and September Vinny Del Giudice, Bloomberg radio. On the economic calendar this week along with the Fed's decision on interest rates. We get reads on housing starts. Existing home sales, durable goods orders and personal income and spending. Several companies will report earnings this week among them that ex general mills and Nike.
Bloomberg Businessweek
Vinny Del Giudice, Bloomberg Radio and US discussed on Bloomberg Businessweek
"Costs and ultimately the inflation rate. Fed officials raised interest rates last month and signal they will act again before the end of the year to keep inflation in check Vinny Del Giudice, Bloomberg radio, the drop in prices and jump in yields in the US bond market may have a silver lining.
Politics, Policy, Power and Law
Unemployment rate drops to 49-year low
"Or more. The unemployment rate dropped in September, two a half century low and with more on the jobs report. Here's Bloomberg's Vinny Del Giudice, data are typical actor disaster on the scale of hurricane. Florence non-farm payrolls rose by just one hundred thirty four thousand almost three hundred thousand people didn't work because of bad weather last. There's a silver lining. Unemployment dropped to a forty eight year
Politics, Policy, Power and Law
Markets close lower with DOW, NASDAQ and SMP all in retreat
"Right. We're looking at a down day. Few us equities here with the Dow the s&p NASDAQ all retreat and dropping three down one tenth of one percent. The Dow off session lows down thirty six now down also by one tenth of one percent. Nasdaq hanging in there just above eight thousand down thirteen now with drop their of about two tenths of one percents. Latest weekly rig count numbers from Baker Hughes shale explorers added rigs this week even as pipeline pinch has sent prices plummeting in America's busiest basin. Baker Hughes has working oil rigs rose seven this week to eight hundred and sixty
Midday on WNYC
Republicans urge more tax cuts as elections near
"Charlie. President Trump continues to tout tax cuts on the campaign trail. In fact, was just last week in South Dakota. Because I couldn't understand they couldn't pass it since Ronald Reagan. Ours is the biggest ever passed, and they couldn't get anything past. Now congressional Republicans hope to use enthusiasm for tax cuts to boost their chances in the November midterms by putting them forward a Bill that would make them permanent. Joining me now in our Bloomberg ninety nine one studios with more on this. Bloomberg news tax reporter, Laura Davidson, Laura, I recall last we spoke tax cuts two point oh was going on the shelf on Capitol Hill is this an on again off again relationship with making tax cuts permanent. Now on Capitol Hill. It isn't an appears to be on again. Now, they there was some dissension within the Republican party some of these Republicans from high tax states where the state and local tax deduction that salt deduction was a big deal very unpopular. Remember, the tax law cap that at ten thousand dollars in lots of people in these districts have state and local tax bills that are twenty thousand thirty thousand dollars. So they lost a big deduction there folks that are running in these states that are in tough election said, hey, we don't wanna vote. On this and Republican leaders have basically said too bad. We're gonna go ahead market up in committee this week and vote on it before the end of the month. This may be a dumb follow up question. But why well, basically, they did the math, and they the these these folks these Republicans who have problems with the Bill don't outweigh those who who want to see it passed and Republicans are still sort of committed to this idea that that tax cuts will help them in the elections that hasn't really been born out in the polls, you still see that really every poll that's been conducted since law was passed. It's been under fifty percent approval for the law, and really, you know, more under forty percent. So it's really kind of tracked with without popular the president has been, but they still see this as sort of a last ditch effort, get voters out get them excited about voting for Republicans and say, look Democrats are going to raise taxes fire up the base. But if they're going to have to do a sell job on trying to make the overall tax package seem more popular. I mean, doesn't this make things I guess I'm trying to square the circle here because the tax cuts. As far as overall polling goes aren't popular they aren't and so this is where you see a little bit of a disconnect from what the data saying versus kind of the anecdote of evidence that Republicans are running on they say that when they go back to the district's that people are excited about the tax cuts. No overall that that's not really what's happening. I think Republicans feel so viscerally attached that tax cuts are sort of what makes them Republican. And so they're just digging into that. And you know, I think there are a little bit lost. They see kind of the writing on the wall. And that the numbers aren't looking good for them. And they could lose a lot of seats. So they're really trying to play to their base and not really sure which way to go, particularly when there's all these other distractions coming from the White House coming in from the molar investigation. There's so many other things swirling, this seems a safe thing to
Bloomberg Daybreak
Bloomberg, US and Del Giudice discussed on Bloomberg Daybreak
"Are lower has investors await the latest word on trade and key payroll data the Asia Pacific index fell for a seventh session that's its longest losing streak since
John Jastremski
British Airways website suffers data breach; 380,000 payments affected
"Is eight thirty here in London ninth as you were in Paris will Berlin I'm on it was you're listening to Bloomberg daybreak year. We gotta read headline across the Bloomberg in relation to Deutsche Bank. Dow Jones reporting that HANA is said to exit deutchebanks so are they getting out of these business? One of the stories that we've been carrying earlier on today suggested that don't you Bank have been talking to hedge funds trying to rebuild up some of that business in the United States on Wall Street despite their
KDWN Programming
U.S. jobless claims fall to near 49-year low
"ADP releases its monthly report on hiring economists. Forecasts private payrolls increased by two hundred thousand in August and Bloomberg's Vinny Del Giudice has a preview in July. The ADP report posted a gain of two hundred nineteen thousand jobs, the most since February Bloomberg economic says we could see a pickup and factory hiring across the US the ADP along with today's weekly jobless claims at the state TRE Friday's monthly employment report. Economists say the economy probably added roughly one hundred ninety five thousand non-farm jobs in August that would be more than July. Vinny Del Giudice, Bloomberg
Bloomberg Daybreak
Bloomberg, President Donald Trump and US discussed on Bloomberg Daybreak
"Bomb. President Donald Trump faces new hurdles in his fight to force can. Canada to sign on to a new North American Free trade agreements, we get the very latest live now from Bloomberg's John Tucker. Good morning. Good morning, Bob. The president has threatened to leave Canada out of a new trade deal already negotiate with Mexico. Dossier due to resume tomorrow. But without congressional support. He likes leverage to force candidates and make concessions a new NAFTA must be ratified by congress. And it's not clear the support is there Trump's frustration showed over the weekend as he attacked the head of the AFL CIO for saying it's pretty hard to see how NAFTA works without Canada. The battle with Canada's building is the White House also prepares to roll out new tariffs on products from China that make up some two hundred billion dollars in annual trade a public comment period on China trade wraps up on Thursday bobbin. Karen? All right. John tucker. Thank you. Meanwhile, the technology race between the US China's heating up sources say China is exploring a merger between two of the nation's three wireless carriers to speed up the development of five g mobile services. Sources say the country's top leaders reviewing a proposal to combine China United network communications group and China telecommunications. South Africa's economy unexpectedly. He entered into a recession for the first time since two thousand nine in the second quarter as farming output plunged gross domestic product shrank in annualized seven tenths of a percent in the second quarter from the previous three months that compares with the decline of two point six percent in the first quarter here in the US. We get a report I made factoring this morning from the ISM economists are forecasting a lower index reading fifty seven point six in August. Bloomberg's Vinny Del Giudice, sir reports in July. The ISM factory index dropped to fifty eight point one a three month low the pace of new orders, the weakest and more than a year. Even so the overall is index remains elevated after setting a fourteen year high in February regional factory reports from the feds district banks the mixed picture for August. Kansas city. Dallas and Philadelphia signaled weakness Richmond and New York reported faster growth. Vinny Del Giudice, Bloomberg daybreak. Thank you that the big economic event of the week comes on Friday with the release of the August jobs report, economists are forecasting the. Employment rates will fall to historic lows, Gina smile. It covers the economy for Bloomberg news economists expecting the unemployment rate to drop to three point eight percent in August that will be the lowest since two thousand matching the lowest since one thousand nine hundred sixty nine. The one puzzle. That remains as the unemployment rate has dropped lower. Is why wages aren't picking up in a more sustained way? They're expected to be basically in line on a year-over-year basis. Still below three percent that's weaker than we've seen in prior expansions. And not as strong as you would expect these extremely low levels of joblessness. I think that's a big question. Jerome Powell the fed chair and his colleagues will be watching as we get jobs reports for the remainder of the year, Gina smile. Thank you. Economists are forecasting hundred ninety three thousand non-farm jobs were created last month. Ford. Fiat Chrysler any overseas, automakers report, their August sales figures today, we get more from Bloomberg's Jeff Bellinger. Forecasters J D power and LLC automotive say new vehicle sales for last month will likely be up very slightly from August of last year. They're looking for a gain of one percent, maybe a little more to around one and a half million hurricanes Harvey and Irma disrupted business and Labor Day sales events and parts of the south in August of two thousand seventeen the cutoff day for counting August sales corresponded with the calendar this year it was last Friday. So this year's Labor Day sales will be part of the September sales reports Jeff Bellinger, Bloomberg daybreak. Thank you, Jeff. The Bank of England's governor has the chance to put speculation about his future to rest today. Sebastian Salt Lake is live in London with details. Good morning Sebastian. Good morning. Karen will county will testify in front of UK lawmakers. Buffalo is a report from the BBC yesterday that he's in talks about staying on in the row. Beyond his planned departure date of June of next year. A government spokesperson has played down that prospects, Saint Carney still plans to be his road in two thousand nineteen but the silence from the governor has fueled speculation that needs to stay on to ensure stability after Brexit in March or that the treasury is struggling to find a replacement. What it focuses on the negotiations live in London? I'm Sebastian sonic. Bloomberg daybreak Sebastien. Thank you. Incorporate news WPP shares are down more than five percent new chief executive Mark raids signaled he would spend more to revive growth at the world's biggest advertising group WPP has forecast a profit margin. Squeeze in the full year, the Netherlands-based Bank. I n g will pay nine hundred million dollars to settle a Dutch investigation in the money laundering and corrupt practices. The Bank acknowledge what it called serious shortcomings science. She also saying it's taking action against a number of former senior employees hasn't features at this hour up by two points, less than a tenth of one percent. This is Bloomberg. And that brings us to six oh seven on Wall Street. Let's bring in Bloomberg's Michael Barr with the very latest at home and around the world. Good morning. Michael good morning. Bob, President Donald Trump has tweeted that federal indictments against two Republican congressman place, the GOP in midterm election. Jeopardy in a tweet yesterday. Trump again attacked attorney general Jeff Sessions while suggesting that the Justice department considered politics would making decisions the president cited what he called Obama era investigations shortly before midterm elections and that too easy wins. Now in doubt, unquote. He mockingly added. Good job. Jeff, it's a full schedule for congress as it returns this week. Bloomberg's Ed Baxter has an overview confirmation hearings for US supreme court nominee. Brad kavanagh. Among the question. Sure to be asked focus on the fate of a court case and the Russia probe whether cases already adjudicated should stand. A look into the issue. You of abortion through Roe v. Wade and presidential accountability. Lawmakers also work on multiple spending bills to avoid a government shutdown the end of the month. And Twitter's CEO, Jack Dorsey and Facebook, CEO, Sheryl Sandberg will testify tomorrow on foreign interference in the US electoral process, also likely facing questions on news distribution in San Francisco. I'm Ed Baxter..
Masters in Business
Trade Talks Weigh on U.S. Stocks
"Stocks mixed in thin trading s. And p volume almost fourteen percent below average trade talks. Weighing on markets Michael Kaji Gino is chairman. Of Pacific, Heights asset management there are risks out there like, there always, are you know interest rates how, far how fast what the rest of the. World is doing the trade issues that we've all been. Focusing on lately so there's always risks and you can't not pay, attention to them but the underlying strength of the US is obvious right now and that should. Propel stock prices further
Bloomberg Businessweek
Wall Street extends rally, tech leads S&P, Nasdaq to record highs
"I'm Charlie Pellett remove into, the final hour of trading in these two headlines to pass. On to you from the Bloomberg professional service President Trump says the Canada trade, talks are going well he goes on to say. The Canada wants to be a part of the trade accord. Stay with Bloomberg for the latest on those trade talks stocks higher the Dow the s&p NASDAQ all advancing SNP up fifteen again. Now, of five tenths of one percent add twenty, nine twelve that is a record with the SNP above twenty nine hundred. NASDAQ also advancing to a record up seventy two to eighty one oh to
Bloomberg Daybreak
Elon Musk ignites more Twitter controversy, and concern grows about his ability to follow public company FCC regulations
"Was, able to do something that I must have been quite difficult. For Mexico and make those professions does really set the. Stage for productive conversations. For us here this week, and there's an emphasis on. Those words this week the US has Friday is the deadline to reach an agreement yesterday's. Talks between the free lend and US, Trade Representative Robert, lighthizer were brief they met again this morning Bloomberg's, senior editor Jodi Schneider the real question is Canada going to get on board and be part of the deal. If it's a bilateral, agreement with Mexico that becomes problematic not only for. Businesses and analysts looking at this but a lot of, lawmakers in Washington, who. Think they did not sign off on just a US Mexico agreement. They are making progress but there's. A few
Bloomberg Daybreak
US, Vinny Del Giudice and President Donald Trump discussed on Bloomberg Daybreak
"Daybreak and it's five thirty on. Wall Street. Good morning I'm. Karen Moskow I'm. Bob moon we're just about four hours away from the opening of. US trading let's get you up to date on. The news you need to know what this
Masters in Business
Powell sets Fed's course with data-based judgment
"I'm Barbara Kusak And I'm. Charlie Pellett at Bloomberg world headquarters records on. Wall, Street as Jerome Powell was front and center at the Fed's Jackson Hole conference his first appearance at, the annual, event as. Fed chair and with more here's. Bloomberg's Vinny Del Giudice Powell said America's economic fundamentals look strong support the case for further gradual. Rate hikes he, said he sees no evidence of overheating, a comment some. Traders took his dove-ish Powell also praised the performance of former fed chair Alan Greenspan for keeping interest rates low in the, late nineteen ninety s Greenspan