Any new stimulus in sight. And that tiktok trade, you cant really trade it, can you, because its not a public company, but bytedance is formally seeking chinas approval for a deal with oracle and walmart, those are two publiclytraded companies. Yes, they are, jim lets talk markets lets start with that. You know, its funny, i dont know what you make of the pull back today, to the extent we are going to have one or what weve been seeing in apple lately. I keep wondering coming back to that softbank option purchase that we kind of we talked about it for a day or two and then we moved on. Right. You know, a number of people have come back on it with me, jim, and sort of said maybe it had a bigger impact than we realized in terms of the run up of some of these names. It did jack the market up in 1999 fashion which, you know, you know, led to 20002001 which was a disaster and it was frankly unnatural other than zoom almost every one of those stocks that they took up have been crushed apple t
Bloomberg. You mentioned housing and todays gdp data when you look at that, do you believe that you have achieved a soft landing or are achieving a soft landing in the sense that removing to trend growth the rest of the year and next year that is our outlook overall, is for moderate growth of around 2 , pretty close to trend. Thats our outlook could be better. Could be worse you know, you never say youve achieved it. But thats our outlook we feel like our current stance of policy is appropriate as long as that remains broadly our outloo outlook. Donna borak with cnn. Chair powell, setting aside expectations for todays rate cut, obviously 97 sort of expected this would happen today, can you tell us more about the rationale behind moving at this particular meeting as opposed to waiting six weeks and cutting in december and if there was any discussion about that around the table . Thanks. Yeah. I think this seems to be the right movement you can see we had our usual range of prospects, ra
Interested forecasts ibm is betting on 5g growth and the cloud, it has a tieup with at t that is talking exclusively with jim about he got both. And president ial pressure trump saying his administration will take a look at accusations from tech investor peter thiel that google coordinated with the Chinese Government so some mixed reaction out on bank earnings. Jpmorgan chase, Goldman Sachs, wells fargo. Guys, obvious lly the reason th stock is down they lowered their nim forecast by 500 million. Sometimes you look at a quarter and you say, please, please, give me a highlight. Look, the efficiency ratio was good but when i look at what the other banks have done, i understand that jpmorgan is good, just not shoot the lights out. I dont think when i look line by line, look, you got some good numbers here you have the Consumer Community banking this line about the just the consumer itself, these guys are coining money theyre not coining money as i would like it because of Net Interest Mar
Business sentiment disappointing. Road map like this, breaking news across the pond, news editor, rebecca brooks found in the guilty in the phone hacking case, but far from over. The nations largest drugstore results fall short of estimates. A new milestone for cystic fie bro sis, shares shore after a late stage trial succeeds, but can it pass . We have a live report. Former news of the world editor, rebecca brooks, found not guilty of the phone hacking conspiracy. We are in london this morning with more. Good morning. Reporter hi there, carl. This is the trial of the century here in london. We had nearly eight months worth of evidence. The jury has gone through pages of evidence, and they have taken seven full days to find brooks not guilty on all the charges against her, including conspiracy to hack phones, conspiracy in the course of justice, and, of course, conspiracy to bribe officials, otherwise known here to commit crimes in a public office, so shes walking out of here a free wo
Hours away. Ted cruz is giving donald trump a run for his money in wisconsin. Is the frontrunner headed for a fall . And meanwhile, donald trump says hes the only one who can save americas economy and get us out of debt. Why even some experts on the right arent buying that one. Plus, you know youve arrived when snl has a little fun with you. Kate bolduan and Scottie Nell Hughes, come on down. His Campaign Manager was arrested for assaulting a woman, a young girl who was pepper sprayed. Donald trump does not personally condemn violence. Really . Okay. Well, lets just randomly see whats happening right now at his rally. Theres a lot going on tonight. I want to go to cnns senior Political Correspondent Brianna Keilar who is in milwaukee tonight. Theyve agreed to another debate, this one before that critical primary in new york. Tell us the details. Reporter well, its going to be on april 14th and its going to be in brooklyn, which is interesting because thats where Hillary Clinton has her