Those new worries for the fed on the labor front. September nonfarm payrolls weaker, rising by 142,000 in august. Revised sharply lower to show 136,000 added. The rates stay steady at 5. 1. Average Hourly Earnings come in flat, but we were looking for something in the 0. 2 0. 3 range. Maybe the most biggest disappointment of the year so far. Coupled with the august revision lower. The 2015 average goes to 198,000 jobs created per month. Thats a sharp slowdown. Last year we were averaging 260,000 jobs. Its more than that. If you take the three month average, youre down 267. Which begs the question, whether we like it or not, where are we in the Business Cycle . Regardless of what fed is doing. The whole discussion as to whether rates this low and the fed Balance Sheet this big are able to stimulate the labor market like they think it does. Clearly there are diminishing returns here. The Market Reaction has not been good. Dow futures down 161 points. The treasury note yield slipped below
Betty join me as Charlie Ergen dishes it all out on this edition of titans at the table. Hello, i am betty liu. Welcome to titans at the table. Dish Network Founder Charlie Ergen has always been something of a fearless renegade. From being thrown out of casinos for counting cards to selling satellites out of his car trunk around colorado. Ergen led a group that created echostar in the 1980s and then started dish in the next decade, upending the traditional cable tv world. In the process, he has become one of the richest men in america, worth nearly 20 billion. Ergen stepped out of the spotlight in 2011, handing the ceo rein to joe clayton. But just four years later, the founder is back in the hot seat as television undergoes another revolution. Video, moving on to your second screen. Like the satellite tv business in its early days, ergen wants to be at the forefront of this change by creating a new, over the top product called sling tv and buying up billions of dollars worth of wirele
Transcripts For BLOOMBERG Studio 1 20151128 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Edition of titans at the table. Hello, i am betty liu. Welcome to titans at the table. Dish Network Founder Charlie Ergen has always been something of a fearless renegade. From being thrown out of casinos for counting cards to selling satellites out of his car trunk around colorado. Ergen led a group that created echostar in the 1980s and then started dish in the next decade, upending the traditional cable tv world. In the process, he has become one of the richest men in america, worth nearly 20 billion. Ergen stepped out of the spotlight in 2011, handing the ceo rein to joe clayton. But just four years later, the founder is back in the hot seat as television undergoes another revolution. Video, moving on to your second screen. Like the satellite tv business in its early days, ergen wants to be at the forefront of this change by creating a new, over the top product called sling tv and buying up billions of dollars worth of wireless assets. Assets that he says can be used to build a leg
Implemented a share sale of 7. 5 billion euros. In her First Television interview since becoming chairman, i speak exclusively to ana botin about her vision, emerging markets, and regulation. Ana botin, thank you so much for joining us. We have seen these huge changes in the last 12 months. Are we going to see more, or are you happy where the bank is now . Ana the last 12 months have been very intense. The capital rates are changing the dividend policy, but more important the governance of the people changes on the board. Not just as a group but in many subsidiaries and the team. We changed the ceos in our five big countries. That is over. We are ready to actually start executing on our strategy. Francine your strategy is what, simpler and fairer . Ana santander has a very strong base, so we are present in 10 core geographies. 10 countries. Santander consumer markets with a billion people where we have 170 million customers. So everything, our focus Going Forward is going to be how to