President jim bullard said the fed could begin winding down its massive Balance Sheet later this year. He suggests the shift makes it nez to raise fund rates but bullard told reporters it differs on the topic. Janet yellen is speaking at the university of michigan this afternoon. Wednesday, look for import prices, thursday brings jobless claims and march cpi. Markets as i just told andrew closed on good friday. So there is no work. Is that why you didnt know . I said to you how great a morning it is on squawk box. I did realize that there might not be a squawk box on friday morning. Ill give you the benefit of the doubt because easter is early this year. Its like so, i wasnt thinking. I mean, im not going to be here as of wednesday. Right. You already planned your so, i knew that was coming because there was packing involved and things like that. But im glad that that set you off in a good mood. As you know, positivity is my new mantra. Three steps forward and two steps back last week.
Pitch as its expected to field acquisition offers this week. And unexpected fireworks from the Vice President ial debate last night. Well look at the highlights and the impact on the campaign. Amazon hitting another alltime high yesterday. Announcing prime reading, which unlocks thousands of kindle books for free. What that means for the industry. But first up, twitter shares rising in the premarket amid some increasing talk about a possible sale of the company. Comes more than a week after david broke the news that twitter has received expressions of interest from a number of Tech Companies that are considering whether to make a bid for the social media company. Little more color being flushed out by some regarding splits on the board between av and dorsey, the role nodas had in sort of driving morale. Yeah, interesting story from bloomberg. Our reporting sort of is where it was, you know, perhaps it is this week as i last reported. There was a formalization, more or less of a process
Bigger bonuses at his office. But there is a catch. Well tell you what it is. Its a great story. A new battle between apple and google and this time google is beating on the latest back to school shipments and the impact its having on the tech giants and their laptop offerings. First lets have reaction to the feds minutes that were released about an hour ago. There, weve done it. No, lets have bob posani tell us about it. Hes tracking the movement on the floor. Not much different, right . The headlines look pretty normal, the case for rate hike as strengthened. That was the headline. The fed risked credibility by not acting, she said that before, so it all sounds fairly hawkish but the market did not react much, even though most people, 70 or so of traders believe the odds of a rate hike are 70 going into december. Mr. Dudley said i think we can be quite gentle as we go in terms of gradually removing Monetary Policy accommodation. In other words, the glide path is going to be very shal
Perfect area to move over. Napa heading towards cordelia highway 80, the same self produced some hail and some pretty heavy hail but now its around highway 12, maybe between american canyon, red top road and cordelia and we have a general area of rain right over the richmond center, and over the bay bridge into berkeley and even parts of highway 24. They will be very cold air beginning to spill in parts mendocino county, it will be a rain and snow mix, 40s on the temperatures, black hawk 40, 41. Lafayette 42. The sierras have some snow but there will be all sorts of advisories going into the weekend so cold air masses in place, 50s and 60s and cool and breezy this afternoon. 7 02 and the Holiday Travel rush has started. People are heading out to spend thanksgiving with their loved ones. We are at the airport to show us what is happening there. We have passed the holiday rush period because i want to show you what it looks like inside the ticket counter which is one of the busiest carri
Crime. Bernie sanders has endorsed Hillary Clinton for president. The two former rivals appeared together in New Hampshire today. Theresa may has less than two days to build a team to rescue the u. K. From its worst little political crisis in more than a decade. She replaces David Cameron as Prime Minister tomorrow. China is calling a landmark ruling on the South China Sea null and void. The hague has ruled china has no rights to the resources within its borders. China claims territorial rights two more they can 80 of the South China Sea. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Im mark crumpton. Emily im emily chang and this is bloomberg west. Coming up amazon prime day a , couple of hiccups right back memories of last years online reviews. Did the ecommerce giant deliver on the muchheight global sales bonanza . Plus google underwater . Linking organ to japan. It is not the only major cloud player looking to the seabed f