Falling short yesterday. Adp helps, up 281,000, above estimates, strongest number in almost two years. Tenyear yield crept up to 26, two days in a row now, the fed may fall behind, and yellen speaks at 11 00 a. M. , and u. K. Home prices surpassing the 2007 peak. Road map begins with dow 17,000, index closer to the landmark. Will that better than expected adp number get us there . Dimon diagnosed with throat cancer plans to run the bank as normal during treatment. Google buying songs for an unus closed amount. Gopro going negative. Stocks setting up for the first down session since going public. Dow inches closer to 17,000, new record, and s p and nasdaq at new highs, adp surpassed expectations ahead of jobs thursday, tomorrow. Improving by 281,000, estimate was 205. May unrevised. Economists do not tweak models on adp anymore because of new methodology, but its better than the alternative. The surface jobs, well, where were they created . I dont see them in retail. I dont see them in
This is front and center for monetary authorities in the united kingdom. Well, mark carney said last month im surprised we do not think people will raise rates next year. Economics we have a lot of stuff. 7 00, the Weekly Mortgage application numbers. Adp employment figures. Adp creates about 20 of the paychecks in the united states, so when payrolls jump, it we should set up a schedule here for the next 48 hours. It is three days compressed into two. Adp today, then tomorrow back to claims another private survey as well. It is essentially three days squeezed into two. All the more reason to watch bloomberg surveillance worldwide. 10 00, we have the factory orders. Flipping the page, earnings before the bell. Told you yesterday Constellation Brands was reporting earnings. I was wrong. Today, i mean it, it really is today. An item of note, janet yellen will be speaking to the iis centralbank conference in washington. Second data check. We begin the earnings dance next week. Futures cont
About 2. 1 billion in the bank, twitter heads to the bond market, hoping to raise as much as 1. 5 billion in its first dead offering. Borrowing money while the cost of capital remains cheap. Does the emergence of apple pay mean the end of a physical wallet and plastic credit cards . We will look at how apple pay works, how secure it is, and whether it is truly a game changer. Tmobile doubling down on wifi, offering customers a personal self spot and even a new router after the apple wifi announcement yesterday. Emily chang is at the tmobile event right now and will have an exclusive live interview with ceo john leger coming up. A new report says Law Enforcement provided the nfl video of the Blockbuster Video of ray rice punching out his girlfriend. We look at the technology that could prove what the nfl knew and when it knew it. To the lead would are tapping the debt market filing plans to sell 1. 3 billion in convertible bonds as the bank decides to participate in the offering, it cou
79. Our road map goes like this. Markets holding on ton a positive open payroll growing modestly in october. Unemployment rate dropping to a fresh sixyear low. Disney matched estimates with revenue beating forecasts. A slow advertising market. A fourth toy story movie will be released in 2017. Moments away from the exclusive interview from whole foods ceo. The october employment report showing businesses added 214,000 nonfarm jobs last month. The Unemployment Rate fell to 5. 8 as more people entered the labor force. That is the lowest Unemployment Rate since july 2008. Listen to Steve Liesman who owns this report. What i thought was most important was the august unemployment number that caused a tremendous decline in the stock market was revised back up to the average. What you have is more consistent less stop start. I thought begin the fact we had such big casino layoffs, the restaurant and retail numbers were strong. You didnt see oil weakness. It doesnt move the bond market. Its in
Business investment drove these higher gdp readings. Hedge fund manager Philpott Cohen has resigned as chairman and ceo of harbinger group. He will be paid 40 million as part of his exit. It has been a roller coaster for fortunewho made a shorting subprime mortgages. Company to get hacked. The Computer Network was accessed in what may be a blackmail attempt with hacker threatening to release private data it demand were not met. A person familiar with the matter said it is being linked to a group called guardians of peace. And listen up, iphone users. Blackberry has a deal for you. If you trade in your iphone for a new blackberry passport, the company will give you 550, depending on your phones condition. This includes a prepaid gift card. The promotion starts next month and runs until february. Remember all of those comments from tech observers that apple had lost its ability to innovate, or that apple was losing its cool . It appears apple has had the last laugh for now. They briefly