But we had a revision higher for report strength. The u. S. Economy is resilient. The fed is in a good spot with where the data is. I dont think the fed does anything differently other than a pat on the back. A pat on the back for chair powell. This is a pictureperfect soft landing is what they are track for. Jonathan here in new york is bob michele, priya misra, and gershon distenfeld. Priya, a solid payrolls report. I thought we would start by making up excuses for a weak jobs number. We got a strong one. Priya we went in looking for a weak number with the gm strike. I dont think the number told us a whole lot. We have known that the labor market is strong. Is, is the big question Global Growth slowing down . Is the manufacturing slowdown . Is that impacting the labor market, i think not yet. It solidifies this whole fed hold. When businesses have cut back on capex, they will have to cut back on hiring. It is not yet so far. Jonathan the jury is still out on this economy . Priya it i
A gathering of leaders with a mission to set the course for the 21st century. Jason lots more of that ahead, lets begin with the top headlines this week from the u. S. To u. K. , geopolitics front and center. Tim ross joins us with the latest on brexit. Tim, great to have you with us. Tell us what we saw this week because it seems like, just like in the u. S. , we are entering a new phase with brexit. Tim we have an election that is finally being called. Boris johnson wanted to trigger this election for about a month and he finally got his way. The country will go to the polls on december 12 and whoever wins the election gets to determine brexit. If johnson wins, his deal will go through. If his main opponent Jeremy Corbyn wins, that could very easily be another referendum. Carol new referendum so does that mean potentially we could see the brexit negotiation between the u. K. And European Union go on beyond january . Tim well, it is certainly true that is one possibility. If Jeremy Co
I cut classes to go surfing. David people would not recognize me if my tie was fixed. I will leave it this way. I dont consider myself a journalist. Nobody else would consider me a journalist. I began to take on the life of an interviewer even though i had a day job. How do you define leadership. What is it that makes somebody tick . You are seen as someone who might be a recession. Do you see any a chance for recession in 2020 . I am big on principles. I think it is port and to understand how the economic to understand how the economic Machine Works and so i want to take a few minutes and get into the important things that pertain to a recession. A recession, whether there are two negative quarters of gdp, we will be hovering fairly close to that level, but the bigger things are a combination of the absence of effectiveness of central bank policies. We can talk about those together with the wealth gap so when the next downturn comes, what that will look like socially, politically and
Boast are under pressure from activist investors urging the company to take a new direction. Apple and taylor swift shake it off when it comes to their differences and reach an exclusive deal to debut a film of the pop stars world tour. Good morning, everyone. Its monday. A very busy week for markets potentially. We could be seeing the first fed hike in roughly a decade. Almost with the new star wars movie coming back online. A pretty big week. In terms of the markets, the ftse 100 up by 0. 1 very much shrugging off the negativity that we saw in the asian trading and that we saw in the u. S. Last friday. The xetra dax bouncing back to the tune of 0. 1 . European markets had a pretty awful week were down by 4 . Because of the junk bond market jitters and the job in oil prices. Asian markets look like this. China outperforming 2. 5 . Why . In part because the trifecta of data. Retail sales industrial output, et cetera, that was at least or better than expectations though elsewhere were s
Death of the 24yearold, the unarmed black man shot and killed by Minneapolis Police on november 15th. Again and again, saying all along, watch this protest, retailers could get hit hard. Now were also watching too, new polls for you showing that donald trump still in the lead. Weve got an interesting argument from fox news analyst Juan Williams. He says that Hillary Clintons running mate may be barack obama in a sense. Hes going to explain all of that with brad blakeman. This is a hot debate. Stick around. The Dow Jones Industrial average is up about 180 right now. The catalyst to the upside, oil. Less than an hour to the closing bell. Im liz mcdonald. Lets start the countdown. Right to it, we are on track for nine Straight Days of triple digit moves. Six of the nine days have been updays, so if we close above 159 points thats right, number youre going to want to watch the dow will be virtually flat still, for the last week and a half, watching the s p 500, it is officially positive fo