Hotspot. Australias relations with china somewhere further. Beijing is turning the screws on their 13 billion education there, saying studying may not be safe. We are seeing u. S. Futures at the moment Holding Steady after we saw u. S. Stocks finish mixed. The s p 500, falling a tense of 1 , falling today after 8 10 of 1 , falling today after raising its 2020 losses. Concerns that rebounds could be overdone. Briefly topping 10,000 for the first time ever. Apple, jumping on a report that it is preparing to announce a mac computers. Take a look at the dollar index. We are continuing to see weakness. Losses,ine sessions of the longest losing streak since 2006. We have both seasonal trends and a dovish look. Lets see how things are shaping up for asian markets. After sevenday gains for the kiwi stocks are edging slightly higher. We could see a lower open this wednesday across asia amid signs that the 5. 6 trillion rally is looking stretched. More than half of the regions forecast they bare
Rating to junk. The highest Interest Rates in nine years and a recession. There is a corruption involving petrobras, the state oil company. No more secondclass citizen status for apple tv. The settop box has taken a backseat to the iphone. Tom im buying one. Tim cook has unveiled a major upgrade. We believe the future of television is apps. In fact, this transition has already begun. We are spending more and more time on our computers and mobile devices, enjoying great tv content through apps, such as itunes and netflix and hulu. And bloombergtv, of course. There is also a bigger i cut design ipad design for business customers. Tom im buying one. [laughter] they dont like the iran deal, but they are not bound by the deadline because president obama has not given them details of side agreements. New York Governor Andrew Cuomo is prepared to support raising the states minimum wage to 15 per hour. He will make the announcement today during an appearance with Vice President joe biden. The
During which time the issues of concern to both sides would be negotiated. The issues since the egyptians first came out with the initiative, that is the only part that has been contentious, what are the issues on the agenda . The ceasefire proposal that secretary kerry put in place was essentially an operationalization of the the egyptian initiative. In terms of the things that needed to be addressed. Issues of freedom of movement of people and goods in and out of gaza. Whether the fishermen could use the waters out to the limit. Whether the farmers could operate in what was referred to as the buffer zone. I believe that all of those questions are on the agenda in cairo, together with, although it is not mentioned in the latest version of the egyptian initiative, there is a general reference to security. I believe the israelis will bring to the table there demand that in return for conceding some of these issues, the egyptians themselves are going to have to agree to open, which they
Financial storm and one that comes around perhaps one every 50 or 100 years. This is the real thing. And much of what went wrong on wall street could be traced back to something called credit default swaps. They were traded in a risky shadow market, and they were at the heart of the financial meltdown. [ticking] it has tentacles as wide as anything ive seen. I think, next to housing, this is the single most important issue in the United States and certainly the largest threat to the u. S. Economy. Meredith whitney was talking back in 2010 about a then looming financial crisis involving state and local governments across the country. It was a debt crisis which some people believe could derail the recovery and require another big bailout package that no one in washington wants to talk about. The day of reckoning has arrived. Thats it. And its gonna arrive everywhere. Time may vary a little bit depending upon which state youre in, but its coming. [ticking] welcome to 60 minutes on cnbc. I
50 or 100 years. This is the real thing. And much of what went wrong on wall street could be traced back to something called credit default swaps. They were traded in a risky shadow market, and they were at the heart of the financial meltdown. [ticking] it has tentacles as wide as anything ive seen. I think, next to housing, this is the single most important issue in the United States and certainly the largest threat to the u. S. Economy. Meredith whitney was talking back in 2010 about a then looming financial crisis involving state and local governments across the country. It was a debt crisis which some people believe could derail the recovery and require another big bailout package that no one in washington wants to talk about. The day of reckoning has arrived. Thats it. And its gonna arrive everywhere. Time may vary a little bit depending upon which state youre in, but its coming. [ticking] welcome to 60 minutes on cnbc. Im steve kroft. In this edition, we look at three stories lin