35 Burst results for "Vinny Del Judice Bloomberg"

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:10 min | Last week

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Check the markets every 15 minutes during the trading day on Bloomberg S&P futures are down 34 points, Dow futures down 205 NASDAQ futures are lower by a 112 points. The Dax in Germany, down 9 tenths percent, ten year treasury is up one 32nd, the yield 3.67%, Amy? Nathan, we begin with unrest in China protests are spreading after COVID rules were blamed for hampering rescue efforts when a fire broke out in an apartment block, killing ten people, we get more from Bloomberg news managing editor Emma O'Brien. You saw wolf started as vigils and pushed back against this horrific fire in a ranchi in northwest China in an apartment block that people believe was locked down due to COVID controls. Peaceful vigils sort of morphing into wider protests against people not wanting to be taken away and took quarantine cats. People pushing back against PCR testing, tussling with COVID workers and in some cases pushing down testing boots in various cities. This is spreading across different stratos of society and does show no signs of abating. Bloomberg's Emma O'Brien says these protests mark the most significant challenges to Communist Party rule since the Tiananmen Square crisis more than 30 years ago. In the unrest in China's rippling through global markets, Amy stocks in Shenzhen and Hong Kong fell more than 1% overnight. We get the recap from Bloomberg's Juliet Sally in Singapore, good morning Juliet. Good morning, Nathan and Amy, Chinese shares listed in Hong Kong led the declines in the region while those on the mainland also came under pressure. The onshore on dropped as much as 1% against the greenback before trimming some of those losses, brought us stocks in Taiwan were hurt by the ruling party's resounding defeat in Ireland wide local elections. And elsewhere win Macau and MGM China surge, leading gains among the 6 Macau casino operators that were awarded new licenses to continue running their business in the gambling hub. In Singapore, Juliet sali, Bloomberg daybreak. Thank you, Juliet, the rare protests in China are prompting investors to rethink bets on the country after jumping back in on hopes of a reopening. Mark Mobius, the founder of Mobius Capital Partners tells Bloomberg he does not expect those demonstrations to end peacefully. It's clear to me that as she can not tolerate any protests. So there will be a very tough crackdown on any protesters. More people will be arrested and they will probably go further in terms of control. Those comments from Mark Mobius come as Goldman Sachs economists say they now see some chance of a disorderly exit from COVID zero in China. And now Amy, doctor Anthony Fauci is making the rare move of publicly criticizing China's COVID zero policy. We get that part of the story from Bloomberg's Ed Baxter. Doctor Fauci says he's been puzzled all along about China's overall COVID strategy. It seems that in China, it was just a very, very strict, extraordinary lockdown where you lock people in the house, but without any seemingly endgame to it. And Doctor Fauci and NBC has heard on Bloomberg says he also doesn't understand why China relied on vaccines solely manufactured in China. In San Francisco, I'm Ed Baxter Bloomberg daybreak. Thank you, Ed, the turmoil in China is having an impact on Apple and production capacity for its flagship product. Let's get the latest now live with Bloomberg Steve rappaport. Good morning, Steve. Good morning, Amy and Nathan. Apple is looking at a shortfall of nearly 6 million iPhone pro units this year because of problems at a key manufacturing hub. The plant has been plagued by lockdowns and worker unrest following violent protests against pandemic restrictions, thousands of workers fled in October, the people who replaced them quickly rebelled against pay and quarantine rules. The facility operated by Foxconn technology group produces some of apple's most in demand handsets, apple and Foxconn reportedly expect to make a production losses next year. Live in New York, I'm Steve rappaport, Bloomberg daybreak. All right, Steve, thanks. These protests are also having an effect on commodities, oil is trading at its lowest level in almost a year. Checking prices now nymex crude is lower by 3.1% down $2 34 cents at $73 94 cents a barrel. Brent is lower by 3.1% at $81 even. It's going to be a busy week for U.S. economic data capped by the monthly jobs report for November, Bloomberg's Vinny del giudice reports. Economists say December payroll growth will probably fall short of November's gain at 261,000 U.S. unemployment could match or top November 3.7% as technology firms cut jobs and rising interest rates trim the economy's growth rate. Meantime, the Federal Reserve will release its base book economic survey, which will provide anecdotal reports on U.S. business activity, including hiring. Among other reports this week, the ISM's factory and exit keep parameter of the American manufacturing outlook. Vinny del giudice Bloomberg daybreak. Thanks for having the biggest event on this week's economic calendar comes Wednesday. That's when fed chair J Powell delivers a speech in Washington. Powell is expected to set the stage for slowing interest rate hikes at the same time he'll remind Americans that the fight against inflation will run into next year

China Emma O'Brien Bloomberg Mark Mobius Bloomberg S Amy COVID Ed Baxter Nathan Juliet Sally Macau casino Juliet Juliet sali Steve rappaport Mobius Capital Partners Fauci Hong Kong
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:01 min | 3 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Preview. The fed chair is battling inflation after the Central Bank fumbled at the onset of the worst price search in decades. Bloomberg economics as Powell attempt to steady the message on interest rates and his talk at Jackson hall and dissuade Wall Street that the fed has made a dovish pivot by signaling the Central Bank as far from done in this year's tightening campaign. So far, the fed has lifted its benchmark rate from near zero to 2.5%. Vinny del giudice Bloomberg daybreak. All right, Vinny, thanks. So we'll have complete coverage of the Jackson hole symposium, Bloomberg surveillance will be their live. Overseas Karen Chinese banks have cut their loan prime rates as Beijing pledges to offer developers more financing, high Chen is head of investment strategy at high tongue international. I think we already reached a point that the central government really need to step in. And announcement over the weekend on a Polish bank. This is a good start. I think that really need to provide a backstop. High chain with high tongue international says markets want to see how the Chinese government will prop up its struggling property space. Nathan a geopolitical note in Asia, the U.S. and South Korea are planning their biggest military move since North Korean leader Kim Jong-un summit with then president Donald Trump. In corporate news care and the takeover battle for signify health is heating up in Bloomberg's we need a young joins us live with that. Good morning Renee. Good morning, Nathan. Sources say Amazon.com united health CVS Health and option care health are all vying to acquire signify health. United health submitted the highest bid at more than $30 a share while Amazon's offers close behind. Signify closed above $21 on Friday, which values the company at nearly $5 billion. Now, none of the plans are finalized yet and bidders plans could still change and signify could always opt to remain independent. Sources tell Bloomberg that signify is holding a board meeting today to discuss the bids, life in New York, I'm renita young Bloomberg day break. All right, we need to thank all following this morning, nymex crude oil is down a tenth of a percent. It's at 90 65 cents a barrel, it's down about 12 cents and Brent is at $96 52 cents. It comes as negotiations move forward to revive a nuclear deal with Iran. That's the

fed Jackson hall Central Bank Vinny del giudice high tongue international Chinese government Vinny Powell Nathan Amazon.com united health CVS Chen United health central government Beijing Kim Jong Bloomberg
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 4 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Carr. And I'm Susanna Palmer in the Bloomberg newsroom. There's growing concern over the global spread of monkeypox now more than 16,000 cases have been detected across 75 countries. The World Health Organization declares the outbreak. A public health emergency of international concern. Tedros Adhanom Ghebreyesus is director general of the World Health Organization. We have an outbreak that has spread around the world rapidly through new modes of transmission about which we understand too little. In the U.S., nearly 2900 cases have been detected, including two cases of monkeypox in children. The suspect charged with attacking representative Lee zeldin at a campaign event Thursday was arrested yesterday and charged with a federal crime. David G janco bonus of fairport made an initial appearance Saturday before a U.S. magistrate judge and is being held pending a detention hearing July 27th. Officials say the charge carries a maximum penalty of ten years in prison. Rockaway beach was closed yesterday afternoon because of shark sightings. The city department of Parks and Recreation officials said the beach will open when it's safe. There have been so far 5 shark attacks along coastal areas near Long Island in the past two weeks. The Federal Reserve meets on interest rates this week and Wall Street anticipates more aggressive action on the part of the U.S. Central Bank. Bloomberg's vinyl giudice reports. Bloomberg survey sees another 75 basis point rate increases the FedEx that contained this year's inflation invasion last one 75 point move was the largest in almost 30 years aimed at tempering economic growth. Something is brewing. Standard and poor's global says its U.S. business activity index is signaling a sizable slowdown for the first time since May 2020 as interest rates rise. Vinny del giudice 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 susannah Palmer. This is Bloomberg

monkeypox Susanna Palmer Tedros Adhanom Ghebreyesus World Health Organization Bloomberg Lee zeldin David G janco department of Parks and Recrea Carr U.S. fairport Rockaway beach U.S. Central Bank Long Island Federal Reserve FedEx Vinny del giudice Bloomberg radio susannah Palmer
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:58 min | 5 months ago

"vinny del giudice bloomberg" 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

Thomas barkin Federal Reserve Vinny del giudice Bloomberg Federal Reserve bank of Richmo Vinnie International Monetary Fund U.S. Elon Musk Twitter Karen Richmond Renee Musk
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:43 min | 6 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Stories Thanks Stephen The UK's defense ministry says Russian forces now hold the initiative in Ukraine a hundred days after Vladimir Putin launched the invasion According to British officials the Russians have gained momentum in their push to capture the Donbass region they said the original Russian plan failed Moscow since changed its goals and is now focused on taking territory in the east The US Treasury Department has announced the new round of sanctions targeting what it says were yachts linked to Russian president Vladimir Putin and his allies is the latest set of penalties over the war in Ukraine Billionaire Alexei murash of the majority owner of sever star Russia's fourth biggest steel maker has also been hit with sanctions by the State Department In the United States President Biden has urged Congress to pass gun control legislation calling for a raft of measures in a national address Biden said Americans should make gun laws central to their vote in the upcoming midterm elections We need to ban assault weapons and high capacity magazines And if we can't ban assault weapons then we should raise the age to purchase them from 18 to 21 Strengthen the background checks and that safe storage law in red flag laws repeal the immunity that protects gun manufacturers from liability address the mental health crisis deepening the trauma of gun violence Also in the U.S. today the government issues the monthly employment report and economists say hiring probably slowed somewhat in May They're still looking though out of respectable gain of roughly 300,000 jobs compared with April's gain of just over 400,000 Bloomberg's Vinny giudice reports Bloomberg economics U.S. job growth is likely to return to pre-pandemic levels by the end of the year Today they're almost two job openings for every unemployed American wages are also up this year At the same time there's evidence that labor shortages are restraining U.S. employment growth Payroll processor ADP says business hiring slowed in May that we are showing in two years Vinny del giudice Bloomberg day break Europe The queen will not attend the Thanksgiving church service today planned as part of the celebrations of platinum jubilee Bucky implies says the 96 year old monarch experience some discomfort at events yesterday and would skip the service at St Paul's Cathedral as a result Saban says the queen had enjoyed Thursday's events and the decision was made with great reluctance Bloomberg has learned that Citigroup may post losses of at least $50 million after a fat finger trade in May triggered a flash crash in European stocks Sources say the lender is still adding up its losses and the final number could be even higher which hold a London trader was working from home and added an extra zero to an early trade Global news 24 hours a day on air and on Bloomberg quicktake Pablo more than 2700 journalists and analysts in more than a 120 countries I'm your reports This is Bloomberg Stephen Thanks very much Ewan Well the chief executive of BlackRock says that he expects inflation to remain elevated for several years because of snarled global supply chains like Vancouver speaking to Bloomberg television he also says that BlackRock and other asset managers shouldn't be responsible for ensuring that their portfolio companies are doing their part to protect the planet Let's take a listen The market is recalibrated itself We witnessed out changing policy in the Federal Reserve We raised short rates We have so we saw recalibration of growth stocks That's principally the majority of the downfall and yet in the index are masking some of the problems because part of the index are energy companies commodity companies that are up quite a bit So if you look at the volatility in the market and the spread between winners and losers it's pretty broad this year And so we've taken out a lot of those gains that we saw during the COVID years and during the two years where we were changing our lives and we were emphasizing different companies and now we're seeing the reverse impact of that So that was one of the foundations of it But now there's greater recognition that inflation is not transitory It is probably with us for a number of years And at the type of inflation that I don't believe the Federal Reserve has to policy or the tools to do much with it right now And I'm personally not blaming the Federal Reserve for where we are right now But I believe most of the problems we're living with today are more policy generated and supply generated Demand right now in our economy is by equipment to the demand that we saw pre COVID And so we were witnessing all these supply shocks and that's creating these attended price increases and so it's more supply driven It's been aggravated now Obviously by COVID and lockdowns and different parts of the world where we are manufacturing goods It has been further aggravated by the Ukraine Russian war and where we have supply shock But I have this fundamental view that much of the inflation has been generated by some very large policy shifts in the United States And I want to talk about exactly what caused it but just before that we have Jamie Dimon talking about a hurricane potentially Are you saying something that significant What's the chance of recession Not so much this year but in 2023 or even 2024 Well I think Jamie said one outcome could be a hurricane It may not be that So I know that sounds so perfect for the media to hurricane But I don't I could see scenarios where it could be quite bad Another downward draft of significance and that's going to be dependent on earnings going forward But I could also see a scenario where we're going to be muddling along for the next year or two right around this level And maybe up 5% down 10% but we're going to be in this range bound area until we have better information I mean the one thing I will say with total certainty we're going to be living with more uncertainty And so with that in mind we are going to have bouts of fear which is going to bring down the markets and a little more confidence going on forward But we have not witnessed huge asset allocation changes by our investors Yeah that's a really interesting point Larry Fink was making there The BlackRock CEO and chairman speaking to David Westin on Bloomberg television of course the point he's making about inflation is that it is expected to remain elevated for several years because of those snarls and global supply chains We're talking inflation let's bring you another big into the European Central Bank is meeting next week at a time when European inflation is running at a record 8.1% The price rises of course putting pressure on the ECB to act with governing council member Robert holtzman saying its strength as a case for a half point hike Traders have baked in bets at the ECB will deliver the biggest interest rate hike in two decades at their December meeting Money markets on Thursday pricing a 50 basis point hike increase to the bank's deposit rate making a move of that magnitude for the first time since 2000 In fact traders are nearly factoring in the possibility that such a move could come even sooner at the bank's meeting in October Well last week in Davos ECB president Christine Lagarde sat down with Bloomberg's francine LaCroix Francine asked her under what circumstances she thought a 50 basis point hike would be warranted We are at a turning point we have all the components in place for that We are turning our back to negative interest rates We are moving very likely Into positive territory at the end of the third quarter And then of course we will calibrate We will establish exactly by how much we want to do that When you talk about of course no longer negative rates has a market quite understood that this could mean also positive rates Look you know when you're out of negative you can be at zero you can be slightly above zero This is something that we will determine on the basis of our projections on the basis of our forward guidance I think that there are good reasons to believe that all three conditions will be satisfied in June and further on during the summer Where are we in the third quarter Could we be above zero in terms of interest rates Is that kind of what I'm saying I stick to Yeah We will be out of negative interest rates Most likely before the end of the third quarter How do you see inflation developing from now I mean again there's so many unknowns because of the war You know there are lots of forces and some of them counteracting against each.

Bloomberg Vladimir Putin United States Donbass Ukraine US Treasury Department Alexei murash President Biden BlackRock Vinny giudice Vinny del giudice Bloomberg Thanksgiving church St Paul's Cathedral Federal Reserve Bloomberg Stephen Thanks Biden ECB State Department Bucky
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:01 min | 6 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Stories And we're starting in the United States where President Biden has urged Congress to pass gun control legislation calling for a raft of measures in a national address Biden said Americans should make gun laws central to their vote in the upcoming midterm elections We need to ban assault weapons and high capacity magazines And if we can't ban assault weapons then we should raise the age to purchase them from 18 to 21 Strengthen the background checks and act safe storage law and red flag laws Repeal the immunity that protects gun manufacturers and liability address the mental health crisis deepening the trauma of gun violence staying in the U.S. the government they're issuing the monthly monthly employment report later economists say that hiring probably slowed somewhat in May They're still looking for a respectable gain of roughly 300,000 jobs compared with April's gain of just over 400,000 Bloomberg's vanity ice reports Bloomberg economics U.S. job growth is likely to return to pre-pandemic levels by the end of the year Today they're almost two job openings for every unemployed American wages are also up this year At the same time there's evidence that labor shortages are restraining U.S. employment growth Payroll processor ADP says business hiring slowed in May that we are showing in two years Vinny del giudice Bloomberg day break Europe The queen will not attend a Thanksgiving church service today planned as part of celebrations of her platinum jubilee Buckingham Palace says the 96 year old monarch experienced some discomfort out of ants yesterday and would skip the service at St Paul's Cathedral as a result The statement said the queen had enjoyed Thursday's events and that the decision was made with great reluctance An apple is said to have agreed to make work schedules more flexible at its retail stores according to Bloomberg sources the company has informed staff at some stores that scheduling changes will take effect in the coming months We're told it's part of a push to appease employees in the face of unionization efforts after some retail workers voiced frustrations about their schedules Let's go next to lael brainard from the Federal Reserve the vice chair backing expectations for half percentage point rate hikes this month and next She also told CNBC she sees a September rate pause as very difficult Brain art who was sworn in last week says the bank still has a lot of work to do to get inflation down to 2% but she echoed a need for flexibility from September depending on economic conditions Let's stay with central banking although we'll move back here to Europe traders now baking in bats at the European Central Bank will deliver the biggest interest rate hike in two decades at their December meeting money markets on Thursday pricing and a 50 basis point increase to the bank's deposit rate making a move that magnitude for the first time since 2000 Meanwhile the European central banks meeting next week was happening at a time when inflation is running at a record high of 8.1% that's putting pressure on the ECB to act government kinds of member Robert holtzman saying it strengthens the case for a half point hike Last week in Davos CCP president Christine Lagarde sat down with Bloomberg's francine LaCroix She asked her under what circumstances did she thank a 50 basis point hike would be warranted We are at a turning point we have all the components in place for that We are turning our back to negative interest rates We are moving very likely Into positive territory at the end of the third quarter And then of course we will calibrate We will establish exactly by how much we want to do that When you talk about of course no longer negative rates has a market quite understood that this could mean also positive rates Well you know when you're out of negative you can be at zero you can be slightly above zero This is something that we will determine on the basis of our projections on the basis of our forward guidance I think that there are good reasons to believe that all three conditions will be satisfied in June and further on during the summer Where are we in the third quarter Could we be above zero in terms of interest rates Is that kind of what I'm saying I stick to Yeah We will be out of negative interest rates Most likely before the end of the third quarter How do you see inflation developing from now I mean again there's so many unknowns because of the war You know there are lots of forces and some of them counteracting against each other You have the war which in and of itself is an absolute drama and as massive economic impact not just in Ukraine And eventually in Russia but for the rest of the world we have energy prices which have gone up significantly and represents a big chunk of inflation We have food prices I mean there's a whole series of things that are weighing on growth down and pushing inflation up How likely is it that the Eurozone goes into recession We don't have that as a baseline You must have heard that sentence a million times Which is what we also do scenarios and we have the negative the adverse the various alternatives there on the basis of hypotheticals such as boycott of oil interruption of gas supply that clearly would have a significant impact on the economy But for the moment we are not seeing a recession in the Euro area Okay that was Christine Lagarde ECB president speaking to Bloomberg last week in Davos Now according to Bloomberg survey of economists those ECB hawks won't succeed in their efforts to get an initial half point hike in interest rates the expectation is still that there will be a quarter point hike in July and again in September That's in line with what the trajectory that has been laid out by Christine Lagarde for the CB Well let's go to another now of our top interviews from Davos and perhaps no.

President Biden U.S. Bloomberg Vinny del giudice Bloomberg jubilee Buckingham Palace St Paul's Cathedral lael brainard ECB Robert holtzman Biden francine LaCroix Europe Christine Lagarde Congress CNBC Federal Reserve apple Ukraine
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:46 min | 6 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"In the United States President Biden has urged Congress to pass gun control legislation calling for a raft of measures in a national address Biden said Americans should make gun laws central to their vote in the upcoming midterm elections We need to ban assault weapons and high capacity magazines And if we can't ban assault weapons then we should raise the age to purchase them from 18 to 21 Strengthen the background checks and act safe storage law and red flag laws repeal the immunity that protects gun manufacturers from liability address the mental health crisis deepening the trauma of gun violence We're staying in the U.S. the government issues the monthly unemployment report later economists say hiring probably slowed somewhat in May They're looking for a still respectable gain of roughly 300,000 jobs Bloomberg's Vinny jail giudice has more Bloomberg economics the U.S. job growth is likely to return to pre-pandemic levels by the end of the year Today they're almost two job openings for every unemployed American wages are also up this year At the same time there's evidence that labor shortages are restraining U.S. employment growth Payroll processor ADP says business hiring slowed in May the week is showing in two years Vinny del giudice Bloomberg day break Europe Federal Reserve vice chair layout brain artist backed expenditure expectations for a half percentage point race hike this month and next She also told CNBC she sees it a September race hike rate pause as very difficult Bernard who was sworn in last week says the bank still has a lot of work to do to get inflation down to 2% but she echoed a need for flexibility from September depending on economic conditions Here in the UK the queen will not attend a Thanksgiving church service today planned as part of celebrations of her platinum jubilee Buckingham Palace says the 96 year old monarch experienced some discomfort at events yesterday and will skip the service at St Paul's Cathedral as a result The statement said the queen had enjoyed Thursday's events and that the decision was made with great reluctance And Bloomberg has learned that Citigroup may post losses of at least $50 million after a fat finger trade in May triggered a flash crash in European stocks Sources say the lander is still adding up its losses and the final number may be even higher We're told a London trader was working from home and added a zero to an early trade Well those are our top stories but let's turn now to one of our recent top interviews on Bloomberg demand for commodities globally is strong but some of that strength has been offset by COVID lockdowns in China The CEO of Rio tinto though believes the market is well balanced especially when it comes to iron ore Jacob Stiles home was speaking to folk Bloomberg's francine lacqua at the World Economic Forum in Davos How are price increases doing.

President Biden U.S. Bloomberg Vinny jail giudice Vinny del giudice Bloomberg Biden jubilee Buckingham Palace Congress St Paul's Cathedral CNBC Federal Reserve Bernard Europe Citigroup UK COVID London Jacob Stiles
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:09 min | 6 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"U.S. manufacturing activity perked up in May even with this year's inflation outbreak and with more here's Bloomberg's vineyard Al judai The data from the institute for supply management suggests demand remains solid with factory orders and factory output both improving last month Order backlogs also increase the sign of pent up demand Meantime America's labor market remains tight and the government reports job openings continue to run at historic levels still topping 11 million Vinny del giudice Bloomberg radio speaking of pent up demand Delta Air Lines says revenue will be higher this quarter than it originally expected as consumers determined to take summer vacations pay higher fares and pack planes making it the latest U.S. carrier to issue such a forecast delta shares They are trading lower today along with the rest of the airlines Delta down now by 4.9% this is the cost of oil continues to advance WTI again worth repeating up now by one and a half percent one 1636 a barrel Recapping ten year yield 2.92% S&P down 42 dropped their 1% I'm Charlie peloton that is a Bloomberg business flash All right try the pill Thank you for that Bloomberg business flash I guess what we've all probably experienced over the last couple of years during this pandemic is we're doing more and more stuff from home We're working from home We're going to school at home Thankfully those days are over for most of us But it just kind of goes to the issue of identity security data security all that stuff It just really comes down and puts it really front and center for a lot of folks Fran rash he's a CO forge rock They are a company that focuses on identity security So it's a good person to check in with friends Thanks so much for joining us Please tell me you've got a better mousetrap for identity security I mean I got a million usernames and passwords out there I've got thumbprints I got facial recognition Where do you think we're going here Great Thanks for having me And I think we do have a better mousetrap And I think what we've seen is this industry evolved I think people used to think about identities as a security solution How do I block the bad guys from getting access to account data or company information And we've seen an evolution where our CIO and ciso customers are under increasing demand from the business line the guys gals responsible for revenue to create better experiences because identities with the front door to the business whether it's banking healthcare ecommerce digital streaming everything's really going digital So at four drop we really kind of been a revolution revolutionizing a couple of different areas Helping our customers create identity experiences are both frictionless and easy Well I'll compromise on security And that's our objective and Macau How does it work I mean much like Paul said you know I have a million different passwords for things I'm constantly clicking the forgot your password button because I have no idea what I entered Last time is there a way across all accounts and all devices to figure this out in a simple with a simple solution I think there is a better way And usernames and passwords have been around for like 50 or 60 years And we look at them as like a lose lose situation to both the bad experience and the bad security because everybody uses the same one So we're working on a better way to identify who you are than that static approach And a lot of that comes down to bringing AI capability into the identity solution We can look at your user behavior device behavior we partner with companies like Apple and Google and Microsoft who can serve up certain information from your device to find a much more kind of behind the scenes frictionless and make more secure way to recognize you And eventually eliminate the username and password And this is a great application for AI So how do we get there I mean we're sold right Paul Yeah So what do we do So that forge rock can get rid of usernames and passwords across all of our things A lot of it has changed management So many of the organizations that you create those usernames and passwords with have been around for decades They've got to let a legacy systems and applications and infrastructure And this requires change change on their behalf to kind of make that replacement of legacy technology with something modern like floor draw And it also means change for the consumer And a lot of consumers we say we want to get rid of using password but it still we're comfortable with it So it's a lot of our change management which is why we're getting out there and engaging with enterprises banks healthcare ecommerce to tell them there is something better and to get outlet to know the consumer that changes okay You can ditch that old approach get better experiences and better security How about fingerprint and facial recognition How do those kind of rank They're really important Biometrics is a great way to authenticate you in place for username and password And this is where there was an announcement a couple of weeks ago There are some been some standards bodies called the phyto web app web offense standards that created a way that companies like Microsoft like Google like Apple can take the work that they do around biometrics and authenticating you securely to their devices and then transmit that security to the website your authenticating to So it really becomes a way to do those secure biometrics for your fingerprint Your facial recognition stays on the device So you don't have to worry about it showing up on the Internet but also leverage it as a better authentication device than a username and password So it's a big driver but it also means bringing the idea of consumer privacy and saying we're going to leverage that biometric for one thing and one thing only That's to authenticate you to our website We're never going to share that information or use it for any other purpose I gave up my privacy years ago So I'm not worried about that Fran thanks so much for joining us for us there He is the CEO of four rock trades on the NYSE under the ticker.

Bloomberg Al judai Vinny del giudice Bloomberg America institute for supply managemen Delta Air Lines Fran Charlie CIO Macau Paul Microsoft Apple Google NYSE
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:44 min | 7 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Com This is balance of power with David Weston Coming up on balance of power North Korea is reporting what it calls fever but that is most likely COVID We'll take a look at the pandemic and the hermit kingdom was Sue Kim of the Rand corporation But first we get a market check from Charlie pellet Hi thank you very much David Weston best level of the day right now Stocks pushing higher The Dow the S&P NASDAQ NASDAQ 100 index Russell 2000 all moving higher broad based advance of solid economic data helps boost risk appetite for markets that have been roiled in recent weeks by concerns over surging prices and policy tightening The S&P up now by 65 that's a gain of 1.6% the Dow up 347 up 1.1% as stack up 255 a gain of 2.2% Ten years down 21 30 seconds ten year yield 2.96% spot gold down two tens 1820 the ounce Wallace Texas intermediate crude a little changed up 5 cents right now one 1429 on WTI Brent is at one 1399 Brent lower than West Texas enemy right now Brent down two tenths of 1% WTI up by one tenth of 1% Retail sales are up rising for the fourth month in a row and with more heirs Bloomberg's vineyard Algiers Most retail sectors posted April gains suggesting healthy demand but inflation is an issue The data aren't adjusted to smooth out price swings There's evidence consumers are relying more and more on credit to pay for essentials Consumer spending is by far the biggest contributor to America's economy Vinny del giudice Bloomberg radio Walmart have to earnings plunging 10.6%.

David Weston Sue Kim Charlie pellet Hi Rand corporation North Korea fever West Texas S Texas Bloomberg Vinny del giudice Bloomberg America Walmart
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:56 min | 7 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Of getting inflation under control The bank increased the base rate by a quarter point to 1% As expected it's fourth straight right The Central Bank sees inflation hitting double figures in October and GDP shrinking in 2023 Let's hear from the Bank of England governor Andrew Bailey We think that a lot of the work in terms of the cure is going to be done by the fact that we are experiencing a historically large shock to real incomes in this country coming from outside the country So it's a terms of trade shock in that sense It's import prices are rising That's predominantly energy food and some cool goods Meanwhile the central banks gloomy forecast sent the pound to the lowest level against the dollar in almost two years Meanwhile ECB governing council member Robert holtzman says a rate hike will be discussed and probably agreed at the bank's June meeting The Austrian Central Bank chief is the most hawkish member of the ECB's rate set in body and has repeatedly called for the institution to start a normani normalizing policy Board member Fabio Panetta however warns the region's economy is de facto stagnating And over in the U.S. today the government issues April's employment report and economists are forecasting a respectable gain in it just shy of 400,000 Bloomberg's Vinny del Judith reports So far this year America's economy has added almost 1.7 million jobs And Bloomberg economics says there's still room to run That's because the size of the U.S. labor force is below pre-pandemic levels Job openings as of March rose to a record 11.5 million unemployment claims meantime are running near half century lows Vinny del giudice Bloomberg day break Euro And that's global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries I'm Samuel Etienne this is Bloomberg Caroline Thank you so much Samuel there with our top stories then In terms of the markets this morning we do see stock sliding now 1% lower FTSE 100 is also down 6 tenths of 1% and the cat co off by 9 tenths of 1% Interesting though to highlight that the first 100 actually ended the day yesterday in the green and we're up by 1.6% for 2022 so far according to yesterday's closing price anyway for the FTSE which is really in stark contrast to the S&P 500 the U.S. stock 54 which have both fallen more than 10% I'm in the NASDAQ down 21% year to date So although the FTSE 100 of course still considered pretty cheap in comparison to both of those markets on a PE ratio So that in terms of the FTSE although of course part of it is being driven by the softness in Sterling the pound at the moment trading at one 23 49 So we dropped about 2% now against the U.S. dollar just yesterday and today down and a tenth of 1% this morning Looking ahead then to the rest of the day of course it's going to be all about what we get from the U.S. April jobs data out of America that drops at lunchtime average hourly wages really likely to add to the inflationary woes over in the U.S. So there is a kind of concern around that even though we're going to see probably 280,000 jobs That's the median consensus estimate for U.S. jobs Big range though between 250 and 517,000 jobs expected to be created over in America in April So that figure again at lunchtime And you can watch and listen of course the tea live blog on the U.S. employment report for April that begins at one 30 London time So it's on your terminal or the details It will start ten minutes before the official figures drop Amid of course Richard Claude the former fed chairman.

Robert holtzman Bloomberg Austrian Central Bank ECB America Fabio Panetta Vinny del Judith Andrew Bailey U.S. labor force Vinny del giudice Samuel Etienne Bloomberg Caroline Bank of England Central Bank Samuel
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:42 min | 7 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Is Bloomberg radio This is Bloomberg daybreak Europe The acceleration of growth in Europe could be a bit slow Not that there is a recession that there could be a bit of a slowdown There must be nowhere for Putin to fund the appalling war We want to see as many trade deals done as possible in order to boost business Both Poland and Bulgaria are now receiving gas from their EU neighbors And this shows first of all the men's solidarity among us Bloomberg daybreak Europe On Bloomberg radio On a very good morning from London Caroline heparin And I'm Stephen carrier listening to daybreak Europe live on London DAB digital radio So global market jitters really today after we saw a rally post the fed it was followed by a big slump across stocks and bonds and cryptocurrencies and lots of market action Really only the dollar managed to survive the sell off Yeah we're talking about $1.3 trillion being wiped off U.S. stocks yesterday hold on to your breakfast It's being described as the great puking I like that you've got that on there I wasn't quite sure how I could work that word in But yeah that is what it's been called exactly Is it day two blues over the fed We had that big rally of course the day before then the slump yesterday as well as we were building unpacking that with some of our guests here today Also the UK local elections Caroline another big story for us here in the UK Some losses for the conservatives notably in London two key boroughs that have fallen to labor hands one's worth was in Tory hands excuse me One's worth was 44 years controlled by the conservatives at plenty to come on that as well Yeah absolutely Let's give you then a market check of where we are in terms of the data So we see stocks continuing the Wall Street's theme a big slide over in Asia the hang seng drops three and a half percent this morning CSI 300 down by 2.3% You have also had another edict from Beijing This time around PCs personal computers that government officials and companies have to switch from foreign made to domestic made over the next couple of years So that's a significant story and a Bloomberg scoop for you In terms of what happened yesterday S&P 500 slumping 3.6% just a day after notching up the biggest rally in two years futures this morning are down but only by about a tenth of 1% for the S&P 500 A European stocks that closed earlier of course didn't see such big losses down by about 7 tenths of 1% yesterday Futures though in Europe down two tenths on the U.S. stocks 50 futures As for bond markets we're firmly above the 3% handle now on ten year yield trading at three spot zero 6 up by two basis points We've had ECB comments out so June and July now seem to be in play for rate rises possibly by the ECB at least according to holtzman and wren and we get the U.S. jobs report out today So we look to that the Bloomberg dollar spot index is up by a quarter of 1% So that's a look at the numbers Steven Yeah and that more on the market side let's bring in our markets live editor Heather Burke Heather we're just hearing the numbers there from Carolina roller coaster and global markets over the past two days what's going on In thirsty was ugly It was an about face from the games we in stocks we saw after the fed The markets basically told us that traders don't think the fed can flight inflation at multi decade highs We need a tightening of financial conditions The biggest thing that stood out for me was the sell off in the NASDAQ It dropped 5.1% the most in September 2020 98% of its members were down or seeing some of that feed over today with Chinese stocks down We may see some carry over into the European day but definitely we saw 1.3 trillion of market value wiped off of the S&P yesterday And there's definitely more jitters in stocks to come We're down or poised for the first year for the S&P 500 and bonds to both balls since 1994 Yeah absolutely Meanwhile at lunchtime today of course we get the U.S. employment report for April is that going to provide any consolation Heather Depends the problem is that it could show that rising wage costs are adding to the inflationary pressures that have been causing this jittery sentiment Again strength in the jobs market could just cause rates to surge again and further tighten financial conditions On the other hand if you see cracks in the jobs market is that sufficient enough to solve inflation Right now we've got the yield curve steepening which is telling you that traders think the fed is not doing enough The current level of yield sees a further three fed hikes of 50 basis points through September Is that enough the markets aren't sure yet Okay Heather Burke market side editor Thank you very much for that update for real-time market commentary and analysis You can check out markets live That's ML IV on your Bloomberg terminal Okay yeah really interesting stuff then on the market outlook let's get to our top stories now Here's Bloomberg's Lee and Gary's good morning yeah Caroline good morning and thank you and we start with the Bank of England which is forecasting a deep economic shock as the consequence of getting inflation under control The bank increased the base rate by a quarter point to 1% as expected It's fourth straight rise The Central Bank sees inflation hitting double digits in October and GDP shrinking in 2023 Let's hear from the Bank of England governor Andrew Bailey We think that a lot of the work in terms of the cure is going to be done by the fact that we are experiencing a historically large shock to real incomes in this country coming from outside the country So it's in terms of trade shock in that sense import prices are rising That's predominantly energy food and some cool goods Meanwhile the central banks gloomy forecast sent the pound to the lowest level against the dollar in almost two years yesterday Meanwhile ECB governing council member Robert holtzman says a rate hike will be discussed and probably agreed at the bank's June meeting The Austrian Central Bank chief is the most hawkish member of the ECB's rate setting body and has repeatedly called for the institution to start normalizing policy board member Fabio Panetta however warns the region's economy is de facto stagnating Now over in the yes U.S. today the government issues April's employment report and economists are forecasting a respectable gain just shy of 400,000 Bloomberg giudice reports So far this year America's economy has added almost 1.7 million jobs and Bloomberg economics says there's still room to run That's because the size of the U.S. labor force is below pre-pandemic levels Job openings as of March rose to a record 11.5 million unemployment claims meantime are running near half century lows Vinny del giudice Bloomberg daybreak Euron And finally labor Oz celebrating some big successes in the local elections including winning control of Westminster council now that is for the first time ever Keir Starmer's party is also wrestled wandsworth away from the Tories for the first time in 44 years and are also now controls three others London mayor Sadiq Khan he was at the count in wandsworth explains what he thinks are the main reasons for these results take a listen We.

Europe Bloomberg Caroline heparin U.S. London ECB Heather Burke Heather Caroline Putin S UK Bulgaria
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:24 min | 8 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Warns the Russian invasion is set to enter a very bloody phase Retired lieutenant general and David deputy tells Bloomberg's Joe Matthew support for Ukraine must continue They're fighting on behalf of the complete free world And so we need to support them to the greatest degree possible not the least that we can get by with according to White House and Pentagon lawyer David deputy spoke with our Washington correspondent Joe Matthew on Bloomberg sound on Catch the program weekdays at 5 p.m. eastern on Bloomberg radio Back here in the U.S. Karen economists say inflation will probably set a fresh four decade high for March they project the U.S. consumer price index rising 8.4% year over year Bloomberg's Vinny del giudice reports march may be the peak Bloomberg economics has commodity prices of backed off their highs But the climb down will be stubbornly slow with the U.S. inflation rate running above 7% much of this year In February the CPI rose 7.9% year over year The fed meantime will keep tightening higher interest rates to contain runaway prices Vinny del giudice Bloomberg daybreak If any thank you Ten year treasury is a rose above 2.8% to the highest level since December of 2018 That would be the treasury yield the sell off threatens to end a four decade bull run in bonds right now ten year yields are at 2.78% No risks for global recession arising to care And that's thanks to high inflation as well as the Russian invasion and China's COVID shutdowns according to a report from the Peterson institute for international economics economists surveyed by Bloomberg also warned of rising recession risks Hey Nathan speculation swirling about how Elon Musk will impact Twitter Let's get the latest live with Bloomberg's ranita young good morning ready Good morning Karen Now that Elon Musk is no longer accepting a position on Twitter's board he may acquire additional shares of the company Wedbush securities analyst Dan Ives says it's highly likely that Musk takes a more hostile stance toward Twitter and further built his active stake in the company Musk currently owns 9.2% of Twitter and is its largest individual shareholder and since he's not on the board he's not required to keep his stake below 15% Live in New York I'm renita young Bloomberg day break All right we need to thank you That's a 5 thing you need to know to start your day brought to you by interactive brokers and straight ahead your latest local headlines plus a check of sports and this is Bloomberg Thank you Karen.

Joe Matthew Vinny del giudice Bloomberg David deputy tells Bloomberg Bloomberg sound U.S. treasury COVID Elon Musk Peterson institute for interna Ukraine Pentagon Hey Nathan White House Twitter
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:44 min | 9 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"To live in a world of hopelessness and darkness We will have a different future of brighter future rooted in democracy and principal open light of decency and dignity and freedom and possibilities The White House later clarifying Biden's remarks saying the president meant that Putin should not exercise power outside of his own country While Ukrainian presidents zelensky is asking for NATO military assistance in a Saturday video message zelensky said his country is only asking for 1% of NATO's tanks and planes while an ambulance blessed by the Pope is on its way to Ukraine The Holy See says the vehicle will provide relief in the western city of lviv which has seen a steady influx of displaced Ukrainians arriving from the east This has been a special report the Russian invasion of Ukraine I'm Scott Carr And I'm Susanna Palmer in the Bloomberg newsroom New York City was following other U.S. cities and clearing out homeless camps more from Bloomberg cines Pellegrini Mary Eric Adams disclosed the initiative in an interview with The New York Times and it comes a month after he announced a push to remove homeless people from the subway system in response to assaults and other aggressive behavior And effort will be made to connect the homeless to other housing and services Mayor Adams expects the effort to begin within two weeks The budget proposal president Joe Biden will release tomorrow includes a minimum 20% tax rate that would hit both the income and unrealized capital gains of U.S. households worth more than $100 million The plan is called the billionaire minimum income tax by The White House Americans are losing confidence in the economy even with unemployment falling Bloomberg's vinyl judice reports The conference board issues its march consumer confidence index on Tuesday and economists are forecasting a lackluster showing inflation is weighing on family finances data from the University of Michigan indicate Americans see inflation topping 5% this year with the record one third of households anticipating their finances will worsen Vinny del giudice Bloomberg radio Kyrie Irving is finally going to play a home game for the Brooklyn Nets again today when the nets take on Charlotte This after mayor Eric Adams lifted the vaccine mandate for athletes and performers Irving spoke to the media yesterday Mayor Adams faces a backlash from other city employees who still face the mandate The firefighters association president Andrew ansbro was said both unions are calling on the mayor to sit down with them according to the New York Post between 405 hundred uniformed firefighters and more than 120 in the officers union are unvaccinated and waiting to hear about exemptions or accommodations that would allow them to keep on working 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 susannah Palmer This is Bloomberg.

zelensky Mayor Adams NATO Scott Carr Susanna Palmer Pellegrini Mary Eric Adams Ukraine White House Bloomberg lviv Putin Biden U.S. Vinny del giudice Joe Biden Brooklyn Nets
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:01 min | 11 months ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Futures higher are following another roller coaster ride on Wall Street We get the details live with Bloomberg's John Tucker John And Karen S&P futures right now up 1.3% but global stocks still on course for their worst month since the start of the pandemic The S&P 500 is heading for its worst January on record After yesterday's 1.2% decline the NASDAQ composite yesterday fell 2.3% But there are signs that sell off could ease Wall Street's fear gauge The vix fell from a one year high snapping 6 days of gains and now strategists from Goldman Sachs to Citigroup say it's time to buy Live in New York on John Tucker Bloomberg daybreak John it's been a roller coaster ride for Microsoft investors as well after the bell the stock fell 6% on a revenue decline from its cloud computing business but on the conference call executives said the Azure business can still drive growth Right now Microsoft shares are up nearly 4% this morning And shares of Texas Instruments also up 4% in early trading Nathan the chipmakers earnings in forecast speed estimates up next we get results from about three dozen companies including Tesla Outside earnings of course the big agenda item today is the fed The Central Bank has a policy decision and is expected to signal a march rate hike We get more from Bloomberg's Vinny del giudice Bloomberg economics says the fed's goal is telegraph I think a march rate increase as well as a balance sheet runoff in the aftermath of the COVID-19 economic rescue Look at the Central Bank to do so cautiously noting uncertainty and downside risks to the economic outlook given the impact of the armagon wave and whatever may lie next for the coronavirus The negal judic Bloomberg daybreak Vinny thank you on Wall Street today There's a fresh push to retain talent this time from Bank of America We get the details lie from Bloomberg's Renee young Good morning Good morning Karen Bank of America is giving almost all of its employees Their share of a $1 billion stock award It goes to staff making as much as $500,000 a year That makes about 97% of Bank of America's global workforce eligible CEO Brian moynihan says each eligible.

John Tucker John Karen S Bloomberg daybreak John Bloomberg John Tucker Tesla Outside Microsoft Vinny del giudice Bloomberg Citigroup Goldman Sachs Central Bank Texas Instruments fed S Nathan
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:02 min | 1 year ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"And it's 6 30 a.m. and they were in London to make good morning on Caroline hepar So we're keeping an eye on Macron the news does seem to be darkening about just how serious it is how much it could cost in terms of the economic recovery and also on China and the evergreen that shares fell this morning significantly kaisers shares trade in Hong Kong have been suspended after both officially defaulted on dollar debt So let's look at the markets there before we get into some of the issues facing the UK especially Boris Johnson the all country world index is now down a tenth of 1% The topics dropping 8 tenths of 1% This morning nikkei two to 5 also down by 1% And European futures are significantly softer even though yesterday was quite flat Day U.S. stocks 50 futures down half of 1% S&P 500 even features manage a very small gain but the S&P 500 fell 7 tenths of 1% yesterday so that three day rebound in U.S. stocks did end on Thursday And I wonder whether this is going to be another very volatile Fridays We've seen in the last couple of weeks CBOE vol has jumped back towards 22 We do get the CPI number out at one 30 p.m. London time that will be crucial for markets ahead of the fed next week The yuan fixings also have been rather interesting The PBOC setting the week is reference rate But since 2018 according to estimates compiled by Bloomberg the offshore actually trading at 6 36 now is stronger two tenths of 1% but this of course is after the yuan hit the strongest level against the U.S. dollar since May 2018 So interesting another PBOC intervention Bitcoin a bit steadier this morning after it dropped a 6% overnight And we are $70 64 for WTI crude futures Okay those are the markets Let's go to a few of our top stories now And we start with the latest pressure facing Boris Johnson with MPs due to vote on the new coronavirus restrictions next Tuesday the FT says that at least 30 conservative MPs the time says 50 are threatening to reject the measures The package includes work from home guidance and mandatory vaccine passports for entry to crowded events Labor will support the new restrictions but the rebellion by back bench Tories is becoming corrosive for the government the latest YouGov poll for the times gives the party the worst poll rating in 11 months with two thirds of voters now questioning Johnson's integrity Meanwhile the City of London could become a ghost town again after firms started telling thousands of staff to work from home in response to the latest government guidance sources say that Deutsche Bank and Nat west group are significantly reducing the number of employees working in the office for Monday And one of the largest law firms here freshfield's brookhouse dengir is telling lawyers and staff to stay at home as well And I mentioned what's happening in the U.S. today The government will issue the consumer price index and there's a very good chance that it could rattle financial markets wary of inflation His Bloomberg's Vinny del giudice Bloomberg economic says November state are set to show the fastest pace of U.S. consumer price growth since 1982 When Paul Volcker was fighting the inflation dragon at the Federal Reserve almost 7% year over year from another angle the October to November hop food and energy could account for half the month over month gain but rising cost elsewhere will put more pressure on the fed to act The needle should ice Bloomberg daybreak Europe Okay a few of our top stories then and what we're expecting today But the heat is not dying down on Boris Johnson as anger swirls around government Christmas parties new COVID restrictions and now a fine over how building works on his home were funded The paymaster general is investigating now three events that took place last year during the pandemic restrictions and not even the birth of the Johnson's second baby yesterday could act as a distraction Well one of the people calling for Boris Johnson's resignation is anti MacDonald who is the labor MP for Middlesbrough You and pots and I spoke to him on Bloomberg Westminster yesterday We asked him whether he was happy that the Metropolitan Police decided not to investigate these allegations of parties No not at all I mean Allegra Stratton was asked a question about a party that we've told didn't exist It didn't happen but if spending did go ahead it was in accordance with the rules It can't be both And it's not just one party We're now discovering that there were a number of what the paymaster general of the dispatch box is just euphemistically caused gatherings So when we go to a party to a christening or a birthday party in Christmas party it isn't a party It's a gathering I mean this is just vaccination If people just turn to Dodge the column and Dodge the issue The back and forth was rough yesterday Didn't do enough Keir Starmer when it came to if that is your view to actually holding the prime minister account Well I think you did I think exposed him for the dishonest individual that he is And people will say well should have gone further last year's resignation Well I've just done that in the last hour I've asked the promises to do the right thing and resign Because as more information emerges and it's emerged since yesterday because of the number of parties that have taken place at number 10 Downing Street We know it's a place of business but really it's in these knowledge And for people to come to the House of Commons there I was told that it was okay It was investigation to view carried out And the pair must have generally done the self same thing issues hanging behind an inquiry going to be had by the head of the civil service We need to know which civil servants were attending these events or these gatherings because there shouldn't be anywhere near this And that's where the map If the police forces of our country are going to go around a resting people and our constituencies for breaking the rules they can done well investigate these issues too Everybody is equal under book And that applies even to the privileged bullingdon boys and the rest of the people inside the Westminster They have got to be subject to the same laws of our land And it can not be that the police is simply saying we're not in interest To complain and hurt to investigate because they simply can't sidestep this one if we're going to have faith in our institutions They've got to get on with that as look at our fear or favor And this is one of those such occasions Do you think it's realistic to call for the prime minister's resignation though He says he doesn't know about these parties I mean presumably gatherings happen in a large organization without the guy at the top being informed of it It was a number 10 Downing Street Many events not just the one And for him to satisfy himself I was informed that everything was okay I'm afraid simply won't wash He should be carrying out his own investigation Coming fully armed with the information rather than hiding behind some minion who tells him everything was all I permanent So don't you worry Everything's okay You've just got to be until that's what you've been told Not good enough So that was Andy McDonald's labor MP for middles were pretty strong on the government We'll have much more British politics on bib Westminster today So it was supposedly crime week according to the government this week Hardening rhetoric a new Law & Order bill that we have in the UK we're going to bring you a special program on prisons and sentencing with the Howard leagues Andrew Nielsen cape Fraser from women in prison and Peter Clarke senior fellow at the policy exchange catch it live 12 noon today Right let's get over Bloomberg's.

Boris Johnson U.S. PBOC Caroline hepar fed London Nat west group freshfield brookhouse dengir Bloomberg Vinny del giudice Bloomberg Westminster Allegra Stratton Johnson Keir Starmer Paul Volcker
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:50 min | 1 year ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Those are some of the stories are 2700. Bloomberg journalists and analysts are working on this morning around the world. Amazon is in talks to sublease offices in Manhattan's Hudson Yards neighborhood from JPMorgan Chase. That story from Bloomberg's Doug Prisoner. We're told Amazon is looking to sublease space at five Manhattan West for the next five years, J. P. Morgan has more than 400,000 Square feet of office is there and earlier this year, the bank put roughly a quarter of that space up for sublease. Manhattans office market has a record amount of supply as companies rethink the need for space. Even so, the potential deal reflects the commitment of tech firms to keep offices in New York City. Last year, Amazon bought the Lord and Taylor Building in Manhattan and announced plans to add more than 2000 employees in the city in New York. I'm Doug Prisoner Bloomberg Daybreak. Alright, thanks Doug on the economic front later this morning coverage department issuing data on new home sales economists see a July gain. Let's get a preview from Bloomberg, Vinny Del Giudice. Bloomberg Economics and New Home sales are down by almost a third since the start of the year, but just 1% below 2019 before the pandemic that could bode well for the rest of the years. People try to make up lost time. As the economy reopens. Builders have been stymied by shortages of labor materials and new home sales Last increased in March. Existing home sales shot from strength in July, rising to a four month high. Any doubt you guys Bloomberg Daybreak. Thanks for any and a hit head of the cash open on Wall Street this morning. We have futures in the green. The Dow futures right now 28 points higher. The S and P e mini futures. There were up seven points and the NASDAQ even the futures right now. After yesterday's record close on Wall Street. They are up 50.

JPMorgan Chase Vinny Del Giudice New York New York City Amazon March 28 points Manhattan J. P. Morgan Last year Doug Prisoner Doug Bloomberg Manhattans 50 yesterday 2019 July seven points 1%
"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:33 min | 1 year ago

"vinny del giudice bloomberg" Discussed on Bloomberg Radio New York

"Our 11th, but for corporate America do we need to do more than just commemorate a date? In the past? We're gonna talk with Carly Fiorina, former HP CEO, founder and chairman of Carly Fiorina Enterprises in electing potential, But first we get a market check from Charlie Allies. Thank you very much, and here's what's going on Just getting word that Pepsico has filed a trademark application. That indicates the company plans to sell alcoholic beverages under the rock star brand name Pepsico shares. They're down now, along with the rest of the market. Pepsico Laura by 1.4%. Down day across the board right here right now, the S and P is down. 39 down 9/10 of 1% Give you the numbers and the Y in just a moment. The Dow Down 425 Now down 1.3% NASDAQ Down 92 would drop their of 7/10 of 1% 10 years 15 30 seconds 10 Year Yield 1.45% Hold up seven to up down. I should say down 2/10 of 1% 17 a 69 for an ounce of gold. It is West Texas intermediate crude that is up now by 7 10 to 1%. 46 cents of our 71 50 right now on governing to the bottom line here. We've got stocks lower for 1/4 Day, extending about of volatility ignited by surprise hawkishness that the Federal Reserve Commodities such as copper slumped while the dollar touched a two month high. Federal officials may be getting an itchy trigger finger. And with that story, here's Bloomberg spinning 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, is will inflation persist? A consumer prices registered the largest year over year increase since 2000 and eight Vinny Del Giudice Bloomberg radio Dow Jones Industrial Average is on pace for its worst week since January. Right now for the week. We do have the down down 3.1% keep it locked into Bloomberg radio. For the very latest, right through the closing bell to see how things shake out again. Recapping Equity saw 10 Year yield 1.45% s and P Down 38 down 9/10. I'm Charlie Palette. David Weston is a Bloomberg business plan. Thank you so much. Charlie. President Button yesterday signed into law the 11th federal holiday, which is Juneteenth on June 19th. It commemorates the day went back in 18 65. Federal troops entered Galveston, Texas, and announced to the last thing in the union That didn't know that..

David Weston Pepsico Carly Fiorina 1.4% HP Vinny Del Giudice 1.3% Charlie Palette Bullard yesterday 7 Charlie CNBC 1.45% Bloomberg Charlie Allies 11th 425 1% 92
Federal Reserve, Bloomberg And Bloomberg World discussed on Bloomberg Businessweek

Bloomberg Businessweek

00:11 sec | 4 years ago

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.

Federal Reserve Bloomberg Bloomberg World Vinny Del Judas Vinny Del Giudice Barbara Kusak New Orleans Susanna Palmer Arizona Nike Tennessee Prime Minister European Union Cabinet Michigan UK Secretary Theresa Georgia
Vinny Del Giudice, Bloomberg Radio and US discussed on Bloomberg Businessweek

Bloomberg Businessweek

02:22 min | 4 years ago

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.

Vinny Del Giudice Bloomberg Radio United States
U.S. jobless claims fall to near 49-year low

KDWN Programming

00:35 sec | 4 years ago

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

United States Vinny Del Giudice Bloomberg President Trump Karen Moskow Asia Bob Moon Mexico Canada Two Hundred Billion Dollars Twenty Four Hours Eight Percent Three Hours Nine Month Six Month
Bloomberg, President Donald Trump and US discussed on Bloomberg Daybreak

Bloomberg Daybreak

06:26 min | 4 years ago

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..

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Elon Musk ignites more Twitter controversy, and concern grows about his ability to follow public company FCC regulations

Bloomberg Daybreak

00:48 sec | 4 years ago

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

United States Bloomberg Vinny Del Giudice Bloomberg Bob Michael Bloomberg Sebastian Mexico President Trump Canada John Tucker Bloomberg North Korea Donald Trump Senator John Mccain Karen Bloomberg Senate Twitter Pyongyang Bloomberg Elon Musk Brexit Republican Party
Bloomberg, US and President discussed on Bloomberg Daybreak

Bloomberg Daybreak

00:14 sec | 4 years ago

Bloomberg, US and President discussed on Bloomberg Daybreak

"Air John is set to speak speaking about ninety minutes for the first time since. The latest selloff began. Economists say US consumer prices probably edged. Higher in. July rising two. Tenths of a. Percent the government will issue the data at eight thirty this morning. Wall

Bloomberg United States President Trump Bob President Trump Vinny Del Giudice Bloomberg Karen Moskow New York City Michael Barr Europe Vinny Del Giudice Masahiro Tanaka Attorney Comex Hong Kong Michael Mets Yankees
Wall Street futures creep higher

Bloomberg Daybreak

02:23 min | 4 years ago

Wall Street futures creep higher

"Futures this morning are moving higher s. And p futures up three points Dow futures up, eighteen NASDAQ futures up ten and, we check Check. The markets every fifteen. Minutes throughout. The trading day on Bloomberg Dax in Germany's up about half percent CAC in Paris down two tenths. Percent Footsie-100 down six tenths percent ten year treasury down three thirty seconds yield two point nine.

United States Producer Bloomberg Vinny Del Giudice Bloomberg Elon Musk Vinny Del Giudice Bloomberg Dax Rite Aid Wall Street Journal Bob Moon Karen Moskow Sinclair Turkey Lira Albertson Tribune Media China Nerve Agent Thomas H
Academy Adds Popular Film Category, Sets Three-Hour Oscar Broadcast

Politics, Policy, Power and Law

00:22 sec | 4 years ago

Academy Adds Popular Film Category, Sets Three-Hour Oscar Broadcast

"Nancy Lyons, in the Bloomberg ninety nine one newsroom, well Nathan that's the lead today a congressman representing upstate. New York is facing federal charges US attorney Jeffrey Berman announced the indictment today against Republican congressman Chris Collins congressman Collins is charged. With insider trading. And lying to the FBI as alleged the indictment

Congressman Elon Musk Vinny Del Giudice Bloomberg Bloomberg Collins United States Congressman Collins FBI New York Tesla Steve Potisk President Trump Nancy Lyons Chris Collins Donald Trump Us Attorney Vinny Del Giudice Twitter
American Express shares dive after company misses on revenue

Bloomberg Daybreak

01:28 min | 4 years ago

American Express shares dive after company misses on revenue

"Year. Prior report jobless claims dropped to two hundred fourteen thousand a lowest since early may and close to a half century low Vinny Del Giudice Bloomberg daybreak thank you Vinny on the corporate front Microsoft travelers and Donna her. Lead more than twenty, companies in the s. and p. five hundred, reporting, earnings today let's get you caught up on some. Key earnings after the closing bell yesterday IBM shares of three percent in early trading profit topping estimates in. The company says its cloud business is performing well shares of American Express fell almost three percent in. Extended trading analysts were disappointed the credit card lender did not loosed its full year, earnings forecast now shares dropped more, than, two percent the. Biggest US manufacturer of aluminum, lowered its twenty eighteen profit projection as tariffs on aluminum present what the company is calling a significant. Headwind EBay shares are down almost six percent, in early trading the company trimmed its annual revenue forecasts signaling it, is, losing, momentum as critical holiday season approaches and futures this morning. Are moving, lower s and p futures down, five points Dow futures down thirty two NASDAQ futures down twelve and a half the Dax in. Germany is. Down three tenths percent ten year treasury, down five thirty seconds yield two point eight eight percent yield on that two year two point six two percent. NYMEX crude oil down one percent or seventy three cents to sixty eight oh, three a barrel COMEX gold is down nine tenths percent or eleven dollars seventy cents to twelve sixteen thirty an ounce.

Vinny Del Giudice Bloomberg Donna Her Nymex Microsoft IBM American Express United States Germany Ebay Headwind Three Percent Eight Eight Percent Five Thirty Seconds Six Two Percent Eleven Dollars One Percent Six Percent
Julian Emmanuel, Vinny Del Giudice and Fed discussed on Bloomberg Best

Bloomberg Best

02:20 min | 4 years ago

Julian Emmanuel, Vinny Del Giudice and Fed discussed on Bloomberg Best

"Awareness partners from the bloomberg ninety nine one newsroom in washington i'm nathan hager with the latest headlines this red headline just crossed the bloomberg terminal president trump confirms the first round of tariffs against thirty four billion dollars in chinese goods will kick in just after midnight tonight wall street time about six and a half hours from now president says a second sixteen billion dollar round will come in two weeks china has promised immediate retaliatory tariffs of similar size the president also says he's down to four finalists to succeed anthony kennedy on the us supreme court earlier sources told bloomberg he had three in mind all federal appeals judges and under a deluge of revelations about his spending and travel scott pruitt is out as head of the environmental protection agency president trump tweeted that he accepted for its resignation tuesday his deputy andrew wheeler will take over as acting administrator on monday global news twenty four hours a day on air to tick tock on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries let's check the markets in the latest business headlines thank you nathan it was an update is markets prepare for tomorrow morning's jobs report and the employment of fresh tariffs between the us and china julian emmanuel is chief equity and derivative strategist at ti we think that the us puts its tariffs on china retaliates and then everyone looks at each other and perhaps as maybe we should start talking and the markets are trying to take that tack clearly it's been difficult and isaac boltanski is trading policy analyst at compass point research and i think what we have now is a new phase in a trade standoff where we're going from the theoretical tangible minutes of the federal reserve's last policy meeting show central bankers reaffirmed plans to raise interest rates at a gradual pace at the session they lifted the main lending rate for the second time this year with more years bloomberg's vinny del jude is the minute show fed officials debated how many more rate increases would be needed to keep the economy on a stable footing is what was the timing perhaps twenty nine thousand nine hundred twenty twenty they also discussed the risks of white house trade policy and american businesses as well as political and economic turmoil in emerging markets at the meeting fed officials raised the main lending rate for the second time in two thousand eighteen vinny del giudice bloomberg radio.

Julian Emmanuel Vinny Del Giudice FED Isaac Boltanski Acting Administrator Andrew Wheeler Scott Pruitt Vinny Del Jude Policy Analyst Washington United States Twitter Bloomberg Anthony Kennedy China President Trump Donald Trump Nathan Hager Thirty Four Billion Dollars
Google is losing top cloud executive Diane Bryant just months after she came over from Intel

Bloomberg Baystate Business Hour

01:11 min | 4 years ago

Google is losing top cloud executive Diane Bryant just months after she came over from Intel

"Four percent in may racing april's decline excluding transportation the increase was even sharper point seven percent unfilled orders gauge of picked up demand also increased vinny del giudice bloomberg radio as for the us economic outlook meghan green is global chief economist manulife asset management so i think the sugar head of the tax bill in the in the spending bill this chris for this year and next year and then it should peter out in the us should converge with its potential gdp growth rate which is around two percent google says cloud computing executive diane bryant is left less than a year after joining the internet giant alphabet google down two point two percent stocks lower snp down thirteen down five tenths of one percent the dow down one hundred thirty two also down five tenths of one percent nasdaq down sixty five down nine tenths of one percent global news twenty four hours a day on air and the tick tock on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm charlie pellett this is bloomberg this is the boston pops fireworks spectacular preview on bloomberg radio.

United States Meghan Green Google Twitter Charlie Pellett Bloomberg Boston Vinny Del Giudice Chief Economist Peter Executive Diane Bryant One Percent Two Percent Twenty Four Hours Seven Percent
Stock Market Recovers After Soft Open

Bloomberg Markets

01:56 min | 4 years ago

Stock Market Recovers After Soft Open

"Markets a look at macy's and it's blue mercury initiative think the shares of macy's have tumbled along with other retailers this year not aja stock is up more than forty four percent we're going to have details but right now let's go to charlie pellett in the bloomberg newsroom got a bloomberg business flash thank you very much facts tim fox and thank you bob every we have got the dow lower sp nasdaq they are both pushing higher snp up barely up by half a point right now twenty seven eighteen stocks clawing back from earlier declines to trade mostly higher on reduced volume as investors look past potentially rising global trade tensions the dow down twenty three points down about one tenth of one percent nasdaq up thirty one a gain of four tenths of one percent tenure down one thirty seconds yield now two point eight six percent gold is down nine tenths of one percent twelve forty to the west texas intermediate crude down three tenths of one percent seventythree ninetysix for barrel of wti industry data suggest american manufacturing gathered momentum in june and with more here's bloomberg's vinny del giudice csm factory index advanced a sixty point to one of the strongest showing since the start of the twenty first century led by a measure of pent up demand the gauge of supplier delivery scored the second highest rating in almost forty years they also show orders production and employment remains strong the ism's measure of cost of raw and other materials is close to a sevenyear high vinny del giudice bloomberg radio gold is down nine tenths of one percent twelve forty to the west texas intermediate crude down two tenths of one percent seventy three ninety eight for a barrel of wti recapping and p now lower down a point down less than one tenth of one percent i'm charlie pelletan that is a bloomberg business flash bank you very much charlie pellett you're listening to bloomberg markets.

Macy WTI Bloomberg Charlie Pelletan Charlie Pellett Tim Fox BOB West Texas Vinny Del Giudice One Percent Forty Four Percent One Thirty Seconds Eight Six Percent Forty Years Sevenyear
Japan's jobless rate falls to lowest in 25 years, Government & Economy

Politics, Policy, Power and Law

03:31 min | 4 years ago

Japan's jobless rate falls to lowest in 25 years, Government & Economy

"The trump administration in europe are reaching a fever pitch ahead of next month's nato summit correspondent elise labid reports a senior european officials said there is trump's hell where nato is as bad as nafta in e worse than china what the official was really saying is that president trump is looking to all these alliances not as these bedrocks of us leadership and foreign policy but in very transactional terms and president trump's narrative is that these nato countries not only your flee thing america in terms of trade but they're free riders and terms of defense spending us consumers increase their spending by just two tenths of a percent in may the commerce department says that the tiny rise was the poor showings and spending it fallen one tenth of a percent in february the weaker reading could raise questions about the extent of economic growth overall in the current april june quarter i'm barbara kusak from bloomberg world headquarters in new york i'm doug krizner the us equity market closed higher on the final trading day of the second quarter in spite of increased trade tension although the major indices finished well off their session highs the canadian government is finalized tariffs on us products worth twelve point six billion dollars these terrorists would go into effect on sunday and mirror the value of those imposed by the trump administration gm issued a stern warning to the white house saying the company could shrink us operations and cut jobs if tariffs are broadly applied to imported vehicles and auto parts and fiat chrysler is preparing to adjust its manufacturing footprint should there be higher auto tariffs or the collapse of existing trade agreements the concern about a trade war is being blamed for weakening consumer sentiment during the latter part of june that story from bloomberg's vinny del jude is the university of michigan's final consumer sentiment index for this month register richard ninety eight point two that's below the preliminary reading expectation strapped to a fivemonth low households are worried about the impact of trade policy on inflation and domestic growth one in four consumers cited tariffs most we anticipating a negative effect vinny del giudice bloomberg radio white house economic adviser larry cudlow urged the fed to raise interest rates very slowly kudlow seemed to ignore the practice of preceding administrations in avoiding comments on monetary policy out of respect for the fed's independence financial shares moved higher after the big banks promised to return record amounts of capital to shareholders after passing the feds stress test the dow industrial average picked up two tenths of one percent the s and p five hundred was higher by one tenth of one percent the nasdaq composite gained one tenth of one percent the us ten year treasury last quoted at a yield of two point eight six percent global news twenty four hours a day on air and a tick tock on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries this is bloomberg politics pretty interesting fight within hardy policy currently there aren't really federal regulations in place power the white house has an issue bill just yet beltway news insight and analysis this does seem like an unconventional reality from bloomberg politics a kind of radical agenda that breaks with democratic tradition and bloomberg government heated rhetoric in washington and nationwide this is politics policy and power with amy morris and peter barnes on bloomberg radio coming up in this hour america's largest prison operators stand.

Europe One Percent Six Billion Dollars Eight Six Percent Twenty Four Hours Fivemonth Ten Year
GM warns Trump tariffs could mean "a smaller GM"

Sean Hannity

01:30 min | 4 years ago

GM warns Trump tariffs could mean "a smaller GM"

"To probation for spitting at an uber driver the fifty two year old deadliest catch dr was ordered to undergo alcohol treatment and was put on one year probation and the stay away from alcohol and drugs during that period of time i'm mike moss from bloomberg world headquarters in new york i'm doug krizner the us equity market closed higher on the final trading day of the second quarter in spite of increased trade tension although the major indices finished well off their session highs the canadian government is finalized tariffs on us products worth twelve point six billion dollars these tariffs would go into effect on sunday and mirror the value of those imposed by the trump administration gm issued a stern warning to the white house saying the company could shrink us operations and cut jobs if tariffs are broadly applied to imported vehicles and auto parts and fiat chrysler is preparing to adjust its manufacturing footprint should there be higher auto tariffs or the collapse of existing trade agreements the concern about a trade war is being blamed for weakening consumer sentiment during the latter part of june that story from bloomberg's vinny del jude is the university of michigan's final consumer sentiment index this month registered ninety eight point two that's below the preliminary reading expectation stopped to a fivemonth low households are worried about the impact of trade policy on inflation and domestic growth one in four consumers cited tariffs mostly anticipating a negative effect vinny del giudice bloomberg radio.

Mike Moss New York Doug Krizner Canadian Government White House Chrysler Bloomberg Vinny Del Jude Bloomberg World United States GM University Of Michigan Vinny Del Giudice Six Billion Dollars Fifty Two Year Fivemonth One Year
The Good Times Are Over for China’s Property Stocks

Bloomberg Daybreak

04:34 min | 4 years ago

The Good Times Are Over for China’s Property Stocks

"The stock declines continue in china with the shanghai composite index closing at its lowest level since march of two thousand sixteen we get the recap from bloomberg's sophie kamarudin in hong kong bobbin karen the selloff continued in chinese markets this thursday testing policymakers endurance shanghai shares fell deeper into a bear market as the benchmark dropped below twenty eight hundred points for the first time in two years chinese banks and real estate players continue to be hard hit especially with authorities ramping up the crackdown on property speculation on the mainland plus chinese airline stocks extended declines as the euan weakened further despite the pbs's strongerthanexpected daily fixing in hong kong so become route in bloomberg break sophie thank you the declines in china come as the white house reestablishes a hard line on trade i'm bloomberg's john tucker joins us live with the very latest good morning john good morning karen white house economic adviser larry cudlow said president donald trump's decision not to adopt a more stringent approach on trade did not represent a softer stance on china it won't be alive for the question is how ownership let's threat of technology transfer back property these are things that he knew syfy burma will have to decide stocks sank after cutler's comments the administration did say yesterday it would work with congress to strengthen reviews of foreign investment of the existing committee on foreign investment in the us or serious rather than the more draconian approach of declaring emergency economic measures john tucker bloomberg daybreak john thank you banks will be in focus once again as we get another reading on the health of of the financial industry michael moore covers the banks for bloomberg news so later today we get the results of the second round of the fed stress tests and this is when the fed either signs off on a bank's capital plan for the next year or rejects it in the bank has to lower its asked for how much it can return to shareholders in buybacks and dividends and this is the piece of the tests that investors are really focused on because it determines how much cash they'll be getting over the next year bloomberg's michael moore the results will be released after the close of trading the s and p five hundred financials index meantime has dropped for a record thirteen straight days later this morning we get the third and final estimate of first quarter gdp economists are forecasting at two point two percent economic growth rate the same as the prior report bloomberg's vinny del giudice says more the first quarter was asleep with consumer spending registering the smallest gain and almost five years business inventories exports were revised lower looking ahead economists are bolsheviks recovery we could see second quarter gdp growth of three percent or better also on today's economic agenda jobless claims which remain near a half century low vinny del giudice bloomberg daybreak thank you vinny european union leaders are gathering in brussels to tackle the growing number of political and economic challenges bloomberg sebastian celik is live in london with the very latest good morning good morning bob and karen this was supposed to be the big crunchy you summit for settling many brexit issues but the progress has just been too slow so now as migration that's at the top of the agenda chancellor angela merkel of germany facing an ultimatum from her own interior minister she's in brussels to reach a deal with her kkob partners in europe to tighten germany's borders and stay in power really they'll be talking about trade tensions trump's threat to impose us tariffs on cars and auto parts later this year looming over the discussions and of course the euro is in focus leaders will approve steps to shore up the currency by beefing up the region's bailout front talk set to start in about four hours time in london i'm sebastian solid bloomberg daybreak summation thank you greek prime minister alexis separate says he will stick with the financial commitments agreed with european leaders there smug at an exclusive interview with a bloomberg separate says there'll be no return to the spending habits that triggered one of the biggest financial meltdowns in the continent's history what happened in greece in previous years and that us to bankruptcy was a huge waste of money corruption and i would say irresponsibility in the management of public finance we should not go back to that as far as i'm concerned i will do whatever i can in order for greece to not go back to that tragic period now is the greek prime minister alexis separate speaking exclusively with bloomberg editor in chief john nicolas wait in london the modern technology world's biggest patent battle has finally come.

China Shanghai Three Percent Two Percent Five Years Four Hours Two Years
Goldman, Morgan Stanley Say Test Scores May Not Curb Payouts

Bloomberg Daybreak

01:51 min | 4 years ago

Goldman, Morgan Stanley Say Test Scores May Not Curb Payouts

"On some of the nation's loans oil is trading above sixty six dollars a barrel has ministers vienna agreed on a theoretical increase in production of one million barrels a day despite calls from iran to boost output further momentum in the euro area unexpectedly picked up in june a composite purchasing managers index to fifty four point eight in june here in the us we get that purchasing managers index rating at nine forty five am wall street time economists forecasts little change from last month's fifty six point four reading bloomberg's vinny down jude is reports us manufacturing brand largest benefitted from renewed spending and plant and equipment it may the market factory index retreated from three year high registering fifty six point four there is a wild card a mix the impact of tariffs on domestic production manufacturing accounts for about ten percent of us economic activity vinny del giudice bloomberg daybreak thank you vinny goldman sachs and morgan stanley are urging against getting spooked by their stress test scores of federal reserves had the two banks had the two lowest capital levels by one key measure in the latest results but the banks say not worry that may not affect dividends and stock by backs deutsche bank cabbie outlook for its credit rating lower to negative from stable by fitch ratings which sites risk tied to deutchebanks turnaround plan and airbus is threatening to pull its uk investments if britain walks away from the european union without a deal the company says a departure from the single market without a transition agreement would lead to severe disruption of production futures are higher and futures up fourteen points dow futures up one hundred seventeen nasdaq futures up thirty one the dax in germany's up four tenths percent ten year treasury down five thirty seconds yield two point nine one percent yield on the two year two.

Bloomberg Jude Morgan Stanley Airbus European Union Germany Vienna Iran Vinny Del Giudice Vinny Goldman Sachs Deutsche Bank UK Britain Five Thirty Seconds One Million Barrels Sixty Six Dollars Nine One Percent Ten Percent
Apple, Footlocker and Vinny Del Giudice discussed on Bloomberg Daybreak

Bloomberg Daybreak

02:01 min | 4 years ago

Apple, Footlocker and Vinny Del Giudice discussed on Bloomberg Daybreak

"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 hour heels futures and stocks in europe are higher after north korea said it remains willing to meet with the us at any time even after president donald trump cancelled june twelfth summit with kim jong hoon oil is moist post its first weekly decline in almost a month as saudi arabia and russia discuss easing global output cuts checking oil right now nymex crude oil is down one point one percent at sixty nine dollars eighty nine cents a barrel brent is down one point four percent at seventy seven dollars sixty eight cents the uk economy barely grew in the first quarter is household spending posted its weakest performance in more than three years economic growth in the uk who's left unrevised at one tenth of a percent that matched estimates german business confidence has halted a five a month slide the f o institutes gauge of business climate held at one hundred two point two in may here in the us the government issues data on factory orders for durable goods in a communist forecast in april decline of one point three percents bloomberg's benito judas reports bloomberg economics us a slowdown in aircraft orders will probably trigger a pullback in today's report outside of the transport sector though we could see some moderate gains and marched or bogus orders rose two point six percent the second consecutive solid increase also on today's agenda consumer sentiment data from the university of michigan vinny del giudice bloomberg daybreak many thank you on the earnings fron shares of gap fell almost eight percent and extended straight and comparable sales a gap branded stores fell more than estimated footlocker reports later this morning apple has won more than half a billion dollars in damages from samsung electronics in what is likely the final stages of a sevenyear global patent battle to utilities in the us midwest at finally gotten approval for their fifteen billion dollar merger great plains energy and west westar will combine next month.

Apple Footlocker Vinny Del Giudice University Of Michigan Benito Judas Bloomberg Government Kim Jong Donald Trump Europe Samsung Electronics Karen Moskow UK Brent Russia Saudi Arabia President Trump United States North Korea
Wall St. ends up as Fed seen keeping gradual approach to rate hikes

Bloomberg Best

02:09 min | 4 years ago

Wall St. ends up as Fed seen keeping gradual approach to rate hikes

"Aid to a country that's encouraging citizens to migrate to the us he didn't say which country neil for the anthem and your team gets find that is the new rule for nfl players announced today at the league spring meeting commissioner roger goodell says owners approve this real unanimously but at least one jed york of the forty niners says he abstained global news twenty four hours a day on air ended tick tock on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries now let's check the markets and the latest business headlines thank you nathan l brands the parent of victoria's secret delivered earnings that disappointed analysts shares down now by about seven percent poonam goyal is a senior analyst at bloomberg intelligence everything was bad here they provide monthly constant you know consistently yousof merchandise margins being down advocacy grad they were down significantly in april so the margin story i think is here to stay definitely for the second quarter because they had a lot of inventory they ended april with fourteen percent plus inventory and they've got to get rid of that so to cues looking to be really bad investors can take a deep breath minutes of this month's fed meeting suggest officials are poised to continue raising interest rates at a gradual pace with more here's bloomberg's vinny del giudice minute show fed officials said the economic outlook warrants another interest rate hikes soon wall street is betting on june central bankers also signalled date flation target that indicates there in no rush to step up the pace of tightening the fed last raised its benchmark interest rate in march officials have been split on whether three or four rate hikes are warranted for the full year vinny del giudice bloomberg radio as for the market backdrop dale winner is lead portfolio manager at wells capital management he was interviewed on daybreak asia we had the huge positive news of aggressive tax reform in the fourth quarter spending and now we have a bit of a vacuum and there are fears that policy is going to be more about trade tensions so so basically what we're neutral after the.

Roger Goodell Twitter Victoria Poonam Goyal Senior Analyst Bloomberg Portfolio Manager NFL Commissioner Jed York Nathan L Vinny Del Giudice FED Wells Capital Twenty Four Hours Fourteen Percent Seven Percent