Room to run. As a result, youve also seen pressure on treasury yields. Take a look at see what is happening with the treasury market some pressure on treasury prices the 10year sitting almost at 1. 891 yields, we watch them kind of skyrocket last friday after that jobs report was stronger than expected they came back down after they made it sound like the fed will not be moving anytime soon with this additional news making this happen. Going with every trade nuance up or down goes down, if it looks like the yields go down, if it looks like there is not a deal. We recover globally from the trade war. The two things of the fed and the economy. If the fed is on hold, the rates dont go up. If the economy are off to the races again. It is a thankless job people at home they see the screen from far away they zoom in, and take it for granted. They think we are just changing the appiture there is a guy. Hes running. He went running by, which startled me for a second, it was worth it, kyle you
Stocks and stories making headlines today. On the ebolaorts outbreak in west africa. But we begin with still mattingly on the primaries and the impact on the Republican Party. How are you . This week marks the end of what has been an intense battle inside the Republican Party between the Tea Party Wing and the establishment wing. The total for that battle 135 Million Dollars. That is what we totaled. An immense amount of money that really split the party in two. The key question has been throughout, who will be the winners coming out of this . It is a bit of both. On the establishment side, you have the u. S. Chamber of commerce, the nra, the super pacs. You have on the tea party side, groups like club for growth and the Madison Square project. The big winners throughout at least on the senate side, appears to be the establishment, with the slate they are bringing to the election, largely the individuals with big money are better than the last three cycles. Talk to us about democrats.
As the drugstore posted earnings that Beat Estimates and also beat projections. In washington, a new report from Network Security firm a Network Security firm shows that have been hit by hackers stealing their information from citigroup to target to neiman marcus. We have more on the impact of these data breaches. I bring in a former defense yang and bloombergs are we any safer than we were in the past . Of thisig the focus report is marginally improved. This is from old cases, from the hundreds of clients, and this is before we actually learned of theheartbleed bug, this is leak in Security Systems that were meant to protect us from cyber threats, like hear tbleed. But the findings in the mandiant report show the landscape of the threat and the threat challenges and have been made all the more evident by heartbleed. Overall, companies are discovering this faster than before, it took them two weeks less than in 2012. Hackers were still hanging out 229 daysks of victims, last year befor
Comcast and Time Warner Cable are defending their merger proposal on capitol hill today. There is a hearing of executives, antitrust experts, cable industry lobbyists and more as they try to get a grip on whether this deal could ultimately help or hurt american consumers. Congress itself holds no power to approve or deny the merger, but its important could help siu sway the two agencies making this decision, the federal commissions the sec and the Justice Department. The fcc and the Justice Department. I cannot only will the merger drive the new comcast not only will the merger drive the new comcast, but also its competitors. Consumers will clearly be the beneficiaries. But former Justice Department alan groom painted a much different teacher. This merger is very likely illegal. The parties know it, and that is why they are here talking about how they plan to fix it. But im here to tell you what it is illegaly and why the fix doesnt cut it. Joining us now on capitol hill is bloombergs
Can grow interest in polo. And the remarkable story, from inmate to well performing businessman. All that and more over the next hour. But first, lets get headlines from my radio cohost. Thank you very much. Valiant pharmaceuticals raising its unsolicited offer foraler began a second al for allergan a second time. Holders of allergan would get 72 a share in cash and a fraction of one valeant share. Household purchases unexpect lid falling in april. 1 . That, folks, is the first decrease in a year. And check it out. Former microsoft c. E. O. Agreed to buy the Los Angeles Clippers for a record 2 billion. One of the big stories on this friday. She shelley sterling, the wife of the clippers owner, signed a binding contract with mr. Ballmer. Thats a look at some of the top headlines. Thanks very much. Now, from a sale to sails. The ocean masters World Championship is in full swing and it departs new york city tomorrow. Its a transocean race across the atlantic to barcelona, spain. There are