Language that he has used before, said the fed is not forecasting recession, which they would never do, so the fact that he stayed away from that was a good thing. And the act as appropriate line he has used many times. You have to think there is a drinking game on wall street every time he says that. If there was anything newsworthy , to an extent, it was hearing from him directly that politics does not play any role in their decisionmaking. When the question was put to him about bill dudleys oped last week, the fed distance itself as an institution from those remarks but jay powell made it clear that neither he or says colleagues Pay Attention to politics. He says people of both parties, they know their decisions are important to the lives of americans, and they will do the best job they can. He is very firm on that point. And come he at the was asked how you managed to tune out a president s tweets, and he says we are focused on our jobs, we dont get involved in other things. Let me
Economists were expecting 2. 5 . Recent gdp was also lowered. You can see red across the board with the s p followin falling. The nasdaq down. 8 . Not only the gdp reports weighing on stocks, but you have social media dragging the market with twitter yesterday and facebook today. Olivia nobody likes how much money Mark Zuckerberg is spending. Matt his employees like it. Olivia probably. Heres whats happening on the treasury market. The short end off the yield on the 2year note up i two basis points. Note, little bit of money flowing into that, so yields coming down. Stronger off the back of 2. 3 growth in the Second Quarter. The dollar Index Trading around a fourmonth high. Top stories crossing the bloomberg terminal at this hour the u. S. Economy picking up pace in the Second Quarter, gdp , slightly less than what economists were looking for. The Commerce Department revised the firstquarter figure upward. Grew by out the economy. 6 in the first three months of the year, but it cannot
Shatzker. They are not below the price but below the finishing price on that day. Stephanie i would be calling all of those Institutional Investors that demanded allocation and then complain when they were cut back. This is your time to buy more stock. Go for it. Erik this is the isn nonmanufacturing index measuring the services it economy. The Service Economy is the biggest part of the u. S. Economy and we have an unexpected increase in the measurement tracking this part of the economy. 56. 9, when economists were looking for a dip of 56. 5. This is an increase from the prior month of 56. 7. It indicates the Service Industry grew at a faster pace. Anything above 50 marks growth. We have pretty much been growing since august. Nevertheless, this is good news and shows bad weather was not a factor in this part of the economy in february and perhaps also shows cheaper gasoline and job gains that we have seen over the last couple of months are playing their part in boosting the service ind
Only em p o. Not a lot. Transfusions and testosterone. Armstrong apologized for his trail of lies. All the falt and all the blame here falls on me. Cyclist former best friend teammate Andrew Armstrong attacked him for revving to lie about his drug use. I got emails. Trader rat. Secondhand cyclist. Just ripped apart. Reporter while armstrong future is uncertain. I have never taken performance enhance drug. Reporter lays unoath out lasted statute of limitation for criminal perjury charges but lawyers are watching every word of this interview part 2 airing friday. Because several will you suits in the working. I view the situation as one big lie. Reporter this confession has also led to more embarrassment. Lucky officials now stripped armstrong of the 2000 bronze medal. Nightlinewill have much more on the armstrong interview starting at 12 37 after Jimmy Kimmel Live. Relief anger in the san jose neighborhood where word is out that a mother story about her child attempted abduction is just
One of the great east lie and biggest coverup in all of sports. Good evening everyone. The man who for years defiantly and repeatedly denied cheat to go we know all the cycling races admitting that he lied. In an i with oprah aired tonight the disgraced cyclist finally confesses to the truth. Heres brandy. Reporter after a decade of deception the moment many thought would never come. All 7 of your Tour De France victories did you ever take banned substances or blood dop dope. Yes. In an exclusive interview on the Oprah Winfrey Network Great cyclist Lance Armstrong finally confessed to using banned substances to help him compete. My cocktail so to speak was only em p o. Not a lot. Transfusions and testosterone. Armstrong apologized for his trail of lies. All the falt and all the blame here falls on me. Cyclist former best friend teammate Andrew Armstrong attacked him for revving to lie about his drug use. I got emails. Trader rat. Secondhand cyclist. Just ripped apart. Reporter while ar