Welcome to Market Makers i am Stephanie Ruhle. I am matt miller come in for Erik Schatzker today, again today. I will just criminally take this seat. Just permanently take this seat. Erik, are you watching . The top business stories we are offering you this morning. The ecb is ready to jump in if the euroarea economy needs more stimulus. Saysresident mario draghi that the Bank Governing Council is unanimous on that score. Must pushat europe ahead on Structural Reforms to the economy. Earlier, the ecb raise expectations of higher incomes, and encourage firms to increase investment today and bring forward to the economic recovery. Earlier, the ecb kept Interest Rates at record lows. Here is one for matt shares of tesla are rising today. Therefore busting forecasting robust growth for the next three years. Here is elon musk. Yearoveryear, as far into the future as we can project, that is quite a big percentage growth for manufacturing. We would like to grow faster. Have one factory. K say
At 2. 664 and europe is back to work and largely mixed. Our road map, the jobs number, payrolls above consensus. The Unemployment Rate dives to the 5. 5 year low. Watch the participation, rate, wages, more americans drop out of the work force in april. Pfizer raising its bid to try to buy astrazeneca. Astrazeneca says a few hours later no thank you. Astrazeneca shares trading below the offer price. Pfizer may need to raise a bit more. Were going to have a lot more. Upbeat morning for internet stocks. Linkedin, open table, expedia beat. A miss for chevron, profit dropping 27 on lower production. J. Crew going budget friendly. Can cheaper sweaters boost sales without diluting the brand . First up, though, lets tackle the jobs number, 288. The Unemployment Rate at 6. 3 , thats the lowest since 2008. People are wondering how this is possible, though, with the labor force decline like we had, jim. 62. 8 is the lowest since december of 2013. Yeah. Look, these are hard to rationalize. The 6.
Resolution. Tip oneill needs no introduction to this body. Those respect and admire tips record, and his long shadow he cast over the peoples house. We all know his best known fame, all politics is local. Its certainly true today as we propose to name a building right here at the foot of capitol hill, a stones throw from this great dome, in honor the our 55th speaker. This is one of those moments when you wonder how the honoree would feel. Especially when its someone like tip who never quite held back his opinions. Perhaps he would have enjoyed seeing leaders from opposite sides of the aisle come together to give him a well deserved hurrah. Surely he would have gotten a kick of being flanked by a building named after Hubert Humphrey and jerry ford, also leaders from opposite ends of the political spectrum. Tip actually considered mr. Humphrey one of his heroes. And he had one of humphreys quotes put up on the wall in his office. Now, as for jerry ford, they didnt frankly agree on much
And this had everyone talking last night around social media. What exactly was going on with the brokered convention . Using hungry, hungry hippos to explain the brokered convention. Guys, social media. So creative. Thats right. I need to hire some folks. Thank you. Thank you. Great to see you. That wraps it up for us. Nice to have you here. Fox friends starts right now. Have a good day. Bye. Our country is in serious, serious trouble. Its a bubble, and its going explode. The answer is not simply to yell china bad, muslims bad. Youve got to understand the nature of the threats were facing. President s cant just say anything they want. They have consequences here and around the world. I have to tell you this i dont believe there is any longterm Permanent Peace solution. We dont fight like we used to fight. We used to fight to win. Now we fight for no reason whatsoever. If youre fed up with washington, the question you ought to be asking is whos willing to take on washington. I absolutel
Americans approve of the job president obama is doing. Thats lower than george w. Bushs numbers in 2006 and bill clintons. Martha if you work in the white house you cannot be very happy. These are stunning numbers are. Reporter these are appalling numbers for a sitting president. Im sure the white house has seen numbers like this in their relentless polling. It becomes apparent, though, to us, that the president badly misjudged his initial response to the beheading of one american until and then the second. The round of golf, the detached attitude, the some of the language. What you are seeing tonight as americans are peopling intense awareness of those two murders that the president is going to try to respond in a more forceful tone. Martha one of the things we learned is the story of the beheading of these two journalists grabbed americas attention like no other. The decision to go golfing afterwards was a continue ear the likes of which we have not seen in a long time. It was an ate