An hour ago. Assad reportedly organized the barrel bombing of syrian towns and just this morning, north korea Supreme Leader vowing to quote wipe out south korea and the United States without a trace, if any war act is committed. Former u. S. Ambassador to russia is also the former deputy secretary general for nato. Alex is standing by on whether this war of words will turn into one of action. What did President Trump hear during his listening session with some of the countrys biggest and most powerful ceos . The topics of trade, infrastructure, and job creation also tackle. But will a congress continue to stand in the way of the president s agenda . House budget chairman diane black has been on the front lines of the biggest meeting this past month here in two minutes. And President Trump First Business tv interview since his inauguration just concluded moments ago Maria Bartiromo landed, shes getting into the chair to reveal a preview. Plus, that scream heard around the world. No. Th
Get into my car and, brian, i need a few more days until we get ready for this days power lunch. We dont have the luxury. Welcome, everybody. Power lunch sails on at 1 00 p. M. Eastern every day. Im tyler mathisen. Stocks lower now, but holding steady, off about 42 points on the dow. Four, almost five for the nasdaq. And 3. 75 for the s p 500. Energy, the worst performing sector. Telecom and utilities at the top of the charts right now. Earnings the big focus this week. It is a big week of them for investors, ton of big names set to report. And two at sort of either end of the technology spectrum. Netflix, video, obvious, new media, and ibm, old tech. Theyre out after the bell today. Check out those stocks ahead of the numbers. Netflix down about 1. 5 . Ibm, basically flat. Seema . Hello, tyler. Im seema mody. Here is what else is happening at this hour. Americans hitting the road, the Transportation Department says motorists logged 285 million miles on u. S. Roads in august. Thats the
It is election day in the u. S. 226 million americans cast their ballots in one of the most among jewish u. S. President ial elections in recent history. One of the most tumultuous u. S. President ial elections in recent history. Hillary clinton held a narrow lead in most preelection polls. Her campaign has and armed by federal probes into her handling of classified emails, questions about her familys foundation, and public doubts over her trustworthiness. Republican real estate magnate and reality tv star donald trump, defeated 16 primary opponents and promises to drain the swamp of washington corruption. He has faced criticism for his treatment of women and denunciations of immigrants. We bring you the analysis you need on this historic day. I am joined by bloombergs politics and economics editor, Michael Mckee. In london, we are joined by Alexander Friedman for the first half of the program. Alex, good to have you on the program. First, lets get to the bloomberg first world news. Th
The Federal Reserve says the economy is growing at a modest pace. The central bank saw inflationary pressures rising. Will it be enough to raise Interest Rates . Erik schatzker is in washington with the latest Economic Data. Give us the interesting points of the book this time around. The book could have strengthened a case for a rate ite two weeks from now but did not. You heard those words and you said it yourself, modest. The key word in these anecdotal reports, modest economic growth, modest wage increases, modest hiring. Not an assessment that turns doves into hawks. If anything, it raises the stakes for fridays jobs report. You have to figure policymakers are struggling. There is a tight labor market. There are signs of building inflation as a backdrop. You have Consumer Spending just yesterday, home sales, and that surprisingly Strong Manufacturing data reported this morning. Then you have the book you might characterize, as i have, as meh. There is just not a lot to go off of h
To have Going Forward. Lets get a check on the markets. Julie hyman is standing by. Have at least some of the downdraft today having to do with some of the earnings reports we have gotten. The dow falling the most of the three major averages, down one half of 1 . Transportation is a big part of the story. On pacific, the lard was the largest publicly traded railroad in north america. Shares down 3 . Profit spell and shares down 12 , and the company said Going Forward that plunging consumer demand and a strong dollar will be a consistent drag. You can look at the carload on the bloomberg. I am looking at yearoveryear decline or advances in the various types of carloads. The purple is coal. We have seen continuing declines in cold. In coal. You are seeing declines in the other areas, everything but agriculture. Other modes of transportation as well. All of that falling. Union pacific has to take pretty drastic measures. It has 33 workers on furlough. It has stored 1700 locomotives to shr