Situation . Good morning on this thursday, september 21st, we will get to that. But were going to start with the check of our forecast with lisa. All right. Good morning, you guys. We are waking up to the poor air quality again. You talked about the red flag warning, all because of an area of low pressure dropping to the south of us to the its to the east of us. And it is dropping, bringing that strong Pressure Gradient right now. Moderate air quality for most of us except san jose is a little bit worse as well as santa rosa. And we are looking at a spare the air alert through today. Then tomorrow things get a little bit better and then much better over the weekend, the first weekend of fall. So look at the winds, 20 to 30 miles an hour. Thats above 1500 feet. Its chilly in the north bay, upper 40s there, upper 50s in hayward. Our 24 hour temperature change, quite dramatic. So weve got the marine layer. Weve got smoke, weve got haze again today. So sunshine with the haze. But that sea
Inflation. Rafael bostic says he sees just one u. S. Made that this year. Apple says it made 14 billion worth of iphones in india, double and production as the tech giant accelerates its private away from china. Good morning and it is cautioned in the markets this morning as we await that inflation print. Traders impatient for rate cuts and have already had to contend with two cpr reports this year. We have another thorn in their side. The stock were waiting for this report. You had the s p 500 dipping. Nvidia leading the losses. Closing just above it. If we flip the board over to the cross as a picture, we are not expecting too Much Movement on treasuries as we wait for the cpi report triggering fireworks in the markets. But you did have treasuries climbing. While below that 4. 5 level. 4. 35 is where we are currently. The dollar pretty steady. Brent back below 90 a barrel. Holding the two day decline because on the one hand you had this Industry Report pointing to a gain in u. S. Sto
Counts of the indictment against the menendez. Toy have the opportunity retry the men. The Trump Administration is considering having Mick Mulvaney serve as interim head of the Consumer Financial protection bureau. That is according to people familiar with the matter. Would stepced he down from the post later this month under a federal vacancies law. The president can replace an outgoing director temporarily from another person who has already won senate approval. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti, this is bloomberg. Bloomberg technology is next. Emily i am emily chang and this is bloomberg technology. Coming up, u. S. Tax reform clears a big hurdle as the house passes its version of the bill. We will discuss what comes next and what it means for tech from big caps the startups. Plus, inside googles fake news fight. How they are combating the rise of fake stories during breaking news. And, what
Doubledigit lead if elections were today. The president will say get it done or expect defeat next year. Markets open higher again today and, yes, we are again at or near record stock price levels and as amazon powers ahead, we will pose the question, jeff bezos, 100 billiondollar guy, is he also the new steve jobs . Varney company is about to begin. Stuart this is the face of the retail revolution. Online is on the march like never before. Adobe says yesterday was the Largest Online sale history, 6. 9 billion worth of sale online and the revenue often driven by smartphones that hit alltime high, 1. 59 billion worth of sales, that, again, just from phone purchases. Lets bring in mike murphy, hes with rosecliff capital, im going overboard on this. Wait for it. The revolution is now, we are in the middle of it. Are you going to take me on . Mike im with you. People know that they can shop with convenience, people are willing to spend money but on their terms. The only way brick and morta
Wallet hacks all of that isle coming up and more. See how we have to quote two different bitcoins because they trade in multiple places. Next, critics said truckers would not want an electric semi. Weve seen a number of new corporat corporate orders for teslas semitrucks a deeper dive on whats behind those buys. Thats a coo l story. Major biotech conference kicking off this weekend which companies could be big movers come monday after their data released. First to our top story, the november jobs report come inninn better than expected Steve Liesman joins us to break down the numbers. Michelle, this is a good number but o bit of a mystery when it comes to the jobs market the job market never gets tight. Take a look at the numbers, up 228,000. Overall impression from economists we should be slowing down job growth to better equal average hourly wages did not tick up, the Unemployment Rate did not change, neither did the Labor Force Participation right. Heres what ubs said, showed above