Sales rose during the month of february. Is a weathert story. I know youre sick of talking about it. Jpmorgan chase estimated that in january we spent 24 billion dollars extra just staying warm on gas, electricity, money that did not go to dining out and two dresses and things like that. Were going to look to date to things like building materials. Do we buy more snow shovels, snowblowers and salt . It might give us a rough indication of whether we kept spending, but clicking the mouse at home instead. You mentioned the cars. They stole sold more units, about dollar volumes, it includes service and cost of parts. That category could go either way. Watch coreg to retail sales. Leave out cars and gas. You have what goes into gdp and that will tell us something. How ishe weather, this report . We talked about how much a shift towards internet shopping there is. Havees seem that investors figured this out. They do not care about it as much as some other numbers. It is always heavily revise
It is 6 00 a. M. Here in london. Bloomberg reporter standing by ready to deliver the stories that will drive your day. Are live in frankfurt awaiting Mario Draghis decision. Hans is in brussels. We have more on the tmobile u. S. Tie out. What Mel Mario Draghi deliver what will draghi deliver . The ecb president last month hinted that today a cut may be in the cards. Before we act, we want to see the tough projections that came out in early june. Guy johnson is in frankfurt where draghi will be delivering the Central Banks latest decision. Good morning. Whats he going to do today then . Thats the big question. To my mind, there are three options now on the table for mario draghi. A sliding scale of what he can deliver here in frankfurt along with the rest of the governing council. We just heard what he said this time last month when he opened the door to todays possible rate cut. It is the deposit rate that everyone will focus on and this is the first time a Major Central Bank, as you s
Inshestors shrugging off a drop in First Quarter sales. They were hit by adverse currency effects. And the italian Prime Minister shakes up the corporate sector proposing ucos and investors take a dim view. Shares trading lower. Welcome to todays program. Well take a look at where we stand with equities. Just over an hour into trading. Pretty even stephen advancers versus decliners. Of course, yesterday it was up 22 points. Very strong retail sales out of the u. S. That pumped the u. S. Markets up. The s p was up eight. Played a little into todays session. Right now the ftse is down some seven points. Ukraine, just weighing a little bit here. Dax is off a third. Number of individual stocks that were looking at this morning, well kick off with those. There is a lot going on with this particular stock and shares suspended. They were down 10 at one point. Reports that the tuscan lender was planning to increase the hike. Trading down nearly 10 before they suspended. The bank now confirmed
That our country needs and desires and must have. Our navy is the smallest its been since world war i. Do you believe that . We will build the 350 ship navy that our country needs and really is requesting. Morning, glory, america. Im hugh hewitt. That was President Trump as candidate trump promising a 350 ship navy. At a conference this week he said we wont there, if at all, for 30 years. Mid century to quote him directly. When did our president change his mind . A marine serving active duty from 76 to 81 and businessman investor ever since. He has had almost three on the job. Secretary, welcome. You have the best job in the world, in my view. Thank you, hugh. You just heard the president. That was one of his promises. 350ship navy. What happened to that promise . That promise is still there. As secretary of the navy, im working on that goal. Mr. D. Being an acting placeholder, i dont know whether he was speaking for his own accord. This is one more reason we need to get our politicall
Stonehage Fleming Financial Services Holdings Ltd lowered its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 96.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,595 shares of the social networking company’s stock after selling 261,946 shares during the […]