David in washington, today is the day for health care. When the house representatives are slated for a vote to repeal and replace obamacare. For all the details we go to Kevin Cirilli. Kevin, they are going to have a vote today. Do they have the votes . They think they do but who knows . Paul ryan has said he is not going to bring a vote unless he has the votes. Thatndications suggest after yesterdays introduction of an amendment by representative upton which would be in a billion dollar increase to preexisting condition clauses over a fiveyear period , that will be enough to win over moderates. Concerns show that whatever bill they get, it hasnt been scored and it could radically change once it gets to the senate. David last time we played through this, we had a lot of problems politically because as many as 24 million americans would lose their Health Care Coverage. How many will this time . There is no way to know entirely just how much but the concerns amongst the people im talking
At brown university. Finally, we will get consumer data info for march. Jonathan im not sure the fed chair is going to make any news today. She is speaking at brown university. 125 yearsmemorating at brown. Speaking, you is have to listen. Jonathan on this occasion, maybe not. Lets get to the top stories. Payroll is out at 8 30 a. M. 4. 6 will be a Unemployment Rate. Chiefg us is our economist. Although with this is ethan sheis lets pretend delivers the speech and she looks at two things, the payroll report and what is happening. What will be the biggest concern . Ethan its the job market. Weve had the slowdown in the fed has been saying no big deal. We are not concerned about it. That keeps june it very much alive area if we have twoweek job reports in a row, we start to worry. I think its a very close call. If this continues, i think they skip. If we get a pick up in data, i think they hike. Jonathan how much lower would it have to be to take june off the table . Would get two more j
Rate will rise to 40 next year, and reforms are only likely to slow the growth rate. China suggests that moodys was overestimates the difficulties facing chinas economy. The shanghai was flat. The hang seng was up by 0. 1 in europe, a mixed picture. Things are flat forever the dax and cac. Ftse up by 0. 25 points. M h na news, Constellation Brands made an offer to take over brownforman. And glencore making a takeover approach to bunge. Bunge says it is not engaged in talks with glencore. Pro and uber says it inadvertently underpaid new york city drivers for 2 1 2 years. The company took a commission from full fare prices. Uber says it will pay back drivers, with interest, for the mistake. The wall street journal said the average driver would be repaid 900, totalling 45 million. We will talk with adam lashinsky, author of the new book wild ride inside ubers quest for domination. Lets get to this. The United Kingdom raising the threat level to critical and deploying soldiers to key sites
Coming up later on the program, how would brexit be different if the u. K. s labour party won this election . We speak to the shadow home secretary, diane abbott, at 9 30 london time. Lets check on your markets. I want to start with crude. A slump weighing on Energy Shares as Global Equity markets seem to the heading for a lower finish. Crude below 50. It is a little bit higher than it was a couple minutes ago. However, theres a lot of speculation on whether opec stuck to the most predictable outcome in its plans, and what that means for the future. The onshore yuan heading for its strongest weekly gain against the dollar in four months and pound falling as polls show theresa may may be losing ground. Lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra lets start with the u. S. The Justice Department has vowed to challenge a freeze of a travel ban against six muslim majority nations. The judge says the directive trips with intolerance and discrimination. Attorn
Forecast. The fed will publish its Monetary Policy report to congress. Lawmakers will have the weekend to go over the report for Janet Yellens testimony next week. Are going to move oil prices. David lets get an update and months making headlines. Hamburg, its another day of clashes between protesters and police as the g20 summit gets underway. Protestersization were hit with Water Cannons. President trump will meet with Vladimir Putin. The leaders of the u. S. , japan, and south korea keep pressure on china over north korea. Discussion about responding to the missile launch. President trump has signaled his frustration to rein in north korea. Computers in into u. S. Power plants. The chief suspect is russia. Current u. S. Officials say one of the plants targeted was the Wolf Creek Nuclear power plant in kansas. They could disrupt the power supply. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries, this is bloomberg. Global leaders