Boris johnson is now then you british Prime Minister. He vowed that the u. K. Will leave the e. U. On october 31. Well tell you why his job is harder than he may think. Carol plus, our conversation with the hilton ceo, chris nassetta, on how the trade spats are affecting his company. Jason but we begin with Bloomberg Businessweek editor joel weber. Joel, lets start with the International Cover. Its a look about the bond market, debt, whats going on . Joel cheap money has been around for a decade now, and it is having a profound effect in the Global Economy. We look at the ecb this week and negative rates. Negative rates has been an untested policy tool that japan was using. And now its starting to spread. It was going to go away, and now its back almost, and its just a profound idea that a bondholder would invest in something that, if you hold that for duration, youre going to lose money. It just goes against the principles of, like, investing, right . This is investing 101. Carol who
Harder than he may think. Carol plus, our conversation with the hilton ceo, chris nassetta, on how the trade spats are affecting his company. Jason but we begin with Bloomberg Businessweek editor joel weber. Joel, lets start with the International Cover. Its a look about the bond market, debt, whats going on . Joel cheap money has been around for a decade now, and it is having a profound effect in the Global Economy. We look at the ecb this week and negative rates. Negative rates has been an untested policy tool that japan was using. And now its starting to spread. It was going to go away, and now its back almost, and its just a profound idea that a bondholder would invest in something that, if you hold that for duration, youre going to lose money. It just goes against the principles of, like, investing, right . This is investing 101. Carol who wouldve thought if you go back even a decade ago, that we would in this environment . Here we are. And it affects everything. Joel the idea of
Eu on october 31. Traits pets are affecting his company. , we begin with editor joel weber. Joel, lets start with the International Cover. Its a look about the bond market, debt, whats going on . Joel cheap money has been around for a decade now, and it is having a profound effect in the Global Economy. We look at the ecb this week and negative rates. Negative rates has been an untested policy tool that japan was using. And now its starting to spread. It was going to go away, and now its back almost, and its just a profound idea that a bondholder would invest in something that, if you hold that for duration, youre going to lose money. It just goes against the principles of, like, investing, right . This is investing 101. Carol who wouldve thought if you go back even a decade ago, that we would in this environment . Here we are. And it affects everything. Joel the idea of low rates was to spur growth. Thats not happened. And this problem just keeps getting worse and worse and worse, and
Policy plans for Small Business after she called a charm for his Business Practices in Atlantic City. Another Fatal Police Shooting to report. Protests growing after a man was shot during a traffic stop in minnesota with a oneman child in the vehicle. Latest developments coming out. Half a million hoverboards. Companies polling devices out of stores. More competition in the auto industry. Alibaba and done a smart car. Mark is this morning looking as fighting for games. The Dow Jones Industrial average expected to open up a fraction. Later this morning we would get the latest on john did the adp report for the private Sector Employment out ahead of tomorrows jobs report for the month of june. Markets are higher across the board. The british pound bouncing back from the 31 year low giving some support for equities. In asia overnight, next action. The shanghai composite flat on the day world it edged down better than half of 1 . The hang seng and the cost be rising as you can see better t
Electric car that can go more than 200 miles on a single charge. It will cost less than 40,000 dollars. Greece in germany are headed for a showdown in brussels. Finance ministers meet today over greeces request to extend the bailout agreement for six months. A new headlined says a deal tonight looks unlikely. Greece needs the extension to avoid defaulting on its debt. Germany has rebuffed the greek request. The german finance minister says greece needs to make a firmer commitment to austerity. Heres a greeces debbie Prime Minister responded. Deputy Prime Minister responded. At this moment, it appears there are powers that would like greece on its knees so they can impose their will. I believe we can think of what helps our country and what helps these powers. Betty germany is the biggest contributor to the 273 billion bailout to greece. The Parent Company ann taylor, looking to sell. Working with jpmorgan and reached out to potential buyers. It also owns the loft. The best antitrust re