Taiwan as you frame with a lot to it, getting 60000000000 mold in the halls of House Republicans oppose been the they say the west tunnel a full the this is the weekly, on all the international. When you do the latest world news updates along with around the, for the stories, the shapes, the week, a very warm welcome to you. Our top story, this, our classes. I mean, thats the day in the westbound with more than a dozen People Killed in his way. The rate on the new sams refugee camp. The palace, city in red crescent, were posted at least 40, and people have been killed and is waiting wait on the rest of the g compton and no for the occupied west fund. Among them was a power of magic who was short for trying to help the wounded. Its reported that idea used drones on the, on the vehicles to clear the account. Medical crews are working to evacuate casualties from the sides, but its reported that the ideas denied access to them is what locals. It says about the situation. The, this is the 1
Courtney gibsons what did you make of the feds comments and reaction right afterwards . She said what she had to say. End of the day you have to give a little bit of value. She has seen amazing data. I think they want consistent data thats positive. Right . Its been somewhat up and down, trending in the right direction. But she does have to say be consistent around that team. Does your expectation for a fed rate hike change today . No. Expecting what . To hike this year. Ive said that the past year and definitely in december. September happens, i think it surprises folks. Same old same old for janet yellen . Answer two different questions. One you havent asked. I think she should raise. Will she . No, i dont think so. It doesnt matter what you think. I wanted to put it out there. Its a lovely friday in the suburbs. Thank you. One thing that could wiggle this one way or the other, the jobs report next week. I do think that that could tilt things, if you have a particularly strong report
Oil falling back after yesterdays rally and the biggest inventory draw in 17 years. Our road map begins with outrage over wells fargo. The bank settling a fraud case that said employees issued debit cards and transferred funds. Twitter shares down after a 6 drop yesterday. The Board Meeting. We will give you the details. And more fed speak sending futures lower. Shaking things up. Speaking of which, stock futures are lower. The boston fed chief saying a reasonable case can be made for hiking rates. He says low rates increase the chance of overheating the economy and that not tightening could shorten the recovery. He is a voting member, jim, and historically relatively dovish. Right. I think this is again trying to prep everybody theres a rate increase coming. Ive been saying that. Thats why the bank stocks have been acting well. We will have to talk about wells. That is the biggest. This is par for what theyre thinking about, not looking at the employment number or retail sales. No exo
Down big on new sanctions from the president yesterday. Road map begins with microsoft cutting a massive 18,000 jobs as part of restructuring focused on streamlines operations. Morgan stanley merely beating the street and blackstone trounss expectations. We will break it down for you. Hug it out. Icahn and ackman make up, but the highlights you did not see coming up. Microsoft announces a Restructuring Plan in the elimination of 18,000 jobs over the next year as they look to simplify operations and align the recently acquired nokia hand set business with the overall strategy. This is a charch of 1. 6 billion in the next four quarters. In an email, the ceo said, quote, as part of mod earnizing the processes, the disciplines change making the decisions to change are difficult, but necessary. Guys, the expectations had been for somewhere between 6 and 12. This is more. Yeah. Its about 18 of the pree nokia work force of 99,000. I think why people like this is because what these job cuts ar
He has a near perfect record. At 7 30 eastern time, Marathon Asset Management Bruce Richards is betting big on europe. Coming up at 8 00 eastern time, well get political with former obama chief of staff bill daley. Hes now working for a swiss hedge fund. A lot of them will be talking to what weve been talking about this morning. First, lets get you up to speed on todays headlines. Are you ready for this . Im gary owens. Ive got one of these things on. Its like youre madonna, only i need yes. That wont look at good on me. You already hear some of the buzz . I realize again why we have these on. Theres a huge thing going on behind us. Not yet because its early. But today, tech is the dominant. That was the dominant theme of this mornings stocks to watch. Lets start with apple and ibm. The two teaming up on a Partnership Starting this fall. Ibm will sell iphones and ipads loaded with applications geared at business users. Shares of both companies did rise after hours. I took a look last n