Be on the program explaining why we are entering a new era of capitalism. Rosenbergck box jeff will be here through up the 9 00 hour. Another jampacked show. Jonathon a strong show ahead. Let us check in with our Bloomberg Team for indepth coverage. Eric is in washington. In hong kong on concern the chinese currency could repeat the january route. Well have more on jamie dimons comments as he weighs in on the brexit debate. First up, the may jobs report coming out in less than 90 minutes. Let us head to washington. X need the jobs number verizon. Will get to verizon in a moment but it is hard to see this jobs report eating the one that forces the feds hand on june 15. Why do i say that . They indicate a 22 chance of a weeksike in less than two from now. We would have to see a monster printed on payrolls for those expectations to change meaningfully. The median estimates of economists we surveyed showed an expectation of 160,000 jobs created in may, the same that we saw in april. The ex
Cooperation, and not by human suffering but by human progress, a world that is safer and more prosperous and more secure and more free than the one that we inherited. Lets get to work. Thank you very much. [applause] francine that was president barack obama, speaking where leaders are gathering to try to thrash out an agreement for Climate Change. President obama warning of submerged cities if no action is made on Climate Change. We understand the u. S. Will not sign a legally binding agreement. He also talked about the future generation. Starting friday, surveillance will be broadcasting live from for thehe top 21 cop 21 talks in paris. the u. S. Jobs report may lead the fed to raise them. China may be finally getting the respect it has wanted. Showdown in paris. Global leaders meet to resolve their differences and come up with a deal on Climate Change. But the conference itself is a security nightmare. Bricks and clicks beat bricks over the weekend. David welcome to bloomber blg. Im
Economy this year. The Business Roundtable has a ceo Outlook Index and its higher than its been in 2 years. And more chief executives say they plan to spend more and hire more in the next 6 months. Such enthusiasm was reflected in the performance of the main indexes. Which for the 2nd day were all up. Gold fell to a one week low. Oil gained a 1. 53. In earnings after hours. Oracle fell after reporting earnings fell shy of wall streets expectations. Software sales were up, but lower than hoped for. Adobe was in the green last night after revealing to investors that earnings beat the street. It says demand is up. With honda and gm recalls announced this month, its surprising to note that nearly a third of car owners ignore recalls. That fact comes from the National Transportation safety board. However when fatalities resulted from a recall, as in gms case, the Response Rate goes up. Well the Federal Reserve bank wraps up its two day meeting of the policymaking committee today. Larry shov
How are we doing in europe is always a question, of course. Largely in the green. Lets get to our road map this morning. And it does start as you might expect with the may jobs report as we mentioned. 217,000 jobs added. The Unemployment Rate Holding Steady at 6. 3 . David, ups announcing ceo david abeny will be elevated to ceo succeeding scott day retiring after leaving the Company Since 2008. We will talk to both of them live later on. The news maker interviews dont stop there. We will speak with the soontobe stepping down ford Ceo Alan Mulally about how he is handing off the iconic automaker. Bank of america is reportedly set to pay more than 12 billion to settle mortgage probes brought by the Justice Department and several states. All right. Not only did the may jobs report beat forecasts of what were about 210,000 nonfarm payroll gains, the private sector added 216,000 jobs. Todays number means the economy has recruouped 8. 7 million jobs lost since the recession. The Unemployment
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