It is a big day for the bank of England Governor Mark carney. A report is starting less than an hour from now. Topping lists the banks Interest Rates and new forecast on the agenda. Republican president ial candidates will debate for the first time tonight at 9 00 eastern on national television, and 9 of them will be trying to stop donald trump from stealing the spotlight. He is dominating polls heading into the debate on fox. One republican strategists said survivalists must tread lightly. Time,has a set amount of six and half, eight minutes to engage in the audience something about you, your policy, and why you watch to be the next president of the United States and why we should vote for you. To waste time going after trump that will burn up a lot of those minutes. At the same time, if he goes after you, you cannot allow that to stand. You can demonstrate to Republican Voters he will be a candidate who fight back. Vonnie the second candidate who did not hold high enough to appear wi
Welcome to the polls. Life from bloomberg headquarters here in london. It is jobs day in the u. S. Forstors will be searching meaning in the numbers ahead of the september Federal Reserve meeting. It may not be super thursday, but the u. S. Has key Economic Data on friday. The next to last jobs report before the Federal Reserves meets in september. The economist we raised we theeyed, predicts with unappointed rate Holding Steady at 5. 3 . As long as job growth and maintenance trend, with an average growth of 200,000, economists inc. The Federal Reserve will raise rates as early as september. Showed calls it a case of me why i shouldnt. One of the reasons the fed shouldnt is because of wage rates. The average will rise 0. 2 . And 0. 3 yearoveryear. Growth and pay is the one missing factor that would help push inflation up to their 2 target rate. Last week there was a negative sign for wages. The employment cost index which measures hourly pay an annual salary rose in the Second Quarter
This morning could be more crucial than most. The Federal Reserve will decide whether to raise Interest Rates. No change is expected in the Unemployment Rate, now 5. 3 . We will break down the numbers on bloomberg tv as soon as they are released. The first republican president ial debate could be revealed, that the party is a house divided. The top 10 candidates in the latest polls skirmished last night for a National Tv Audience on fox. Is there anyone on stage who is unwilling tonight to pledge your support to the eventual nominee of the Republican Party, and pledge to not run an independent campaign against that person . We are looking for you to raise her head now if you will not make that pledge tonight. Mr. Trump . Tom was that fair . He set him up so bad for that. Vonnie pretty amazing. Brendan all three moderators really went at donald trump. Vonnie i have to read out his answer later on. It is hilarious. The first of 12 president ial debates. Brendan it is going to be a long y
Before the American Express news broke, the dow was under a lot of pressure. That number came in line with expectations. It wasnt terrible. The fed rate hike could still nbt cards. The dow is down 85 points. We have someone who says the Current Employment report is not measuring jobs properly. Hell explain why next. Also, more on twitter. Its falling yet again today. That stock has been cut in half in just four months. Its now 1 away from the ipo price. Well look at whether investors should be cutting losses or holding out hope at this point. Crazy. And maximizing your airline miles. Wait until you meet the guy who has flown nearly five million miles for free. I love this story. Hes looking to make a business out of helping others do the same. Bill, we have to talk about he is taking advantage of the system or just finding out the way to benefit it. Its all legal much its all ethical. Hes just found a way to gain the system. Well tell you exactly how hes doing that if a little bit. Let
Conversation on top headlines. Heres Brendan Greeley. Brendan china is stepping up its verbal support for the yuan stemming the currencys worst fall into decades. The Central Bank Held a rare press briefing today. Officials said theres a reason for the depreciation to persist. Plus the bank said it will take action when there is excessive volatility. Concerns a good cause instability in china. There is a surprise from greece this morning, the government says the economy unexpectedly in the Second Quarter. Economists forecasted it would shrink. The economy have been crippled by months of haggling over the bailout. The greek armament is preparing to vote on the new bailout package. New spending cuts and tech hikes tax hikes. The rest of the euro has devote. Former president jimmy carter undergoing treatment for cancer. Mr. Carters of the cancer was discovered during liver surgery and is in multiple locations. He is 90 years old. He says he will release more information as soon as next we