To law school and, look im in electricity. Theres jobs for people across the spectrum of interest. Its not all about stem. We need people of all the different disciplines. How about a round of applause for our speaker. Thank you so much for being first at the National Press club we hope many future ferc chairman follow our lead and come see us at the National Press club. I would also like to thank the National Press club staff including its Journalism Institute and the Broadcast Center for organizing todays event. Finally heres a reminder you can find more information not only about todays event but all of our activities at the National Press club at the National Press club website. Thats press. Org. Also, if youd like to get a copy of todays program you can go to that website, press. Org. Thank you very much. We are adjourned. Were live on capitol hill this morning as the House Banking Committee is meeting to mark up or finalize a bill introduced by bob kirk and Robert Menendez that w
Market closes lower after fed minutes hit wall street. Bob pisani here with all this action. Not the market doesnt know the fed is going to taper at some point, bob, any time its faced with that reality, we see sellers come out of the woodwork. Yeah. Were parsing every comment and cynical in here. You could prove almost anything reading these minutes. Heres the sense, let me put it up for you, that got people talking. Participants considered scenarios under which it might be appropriate to begin to wind down the program before an unambiguous further improvement in the outlook was apparent. Some people were talking about tapering sooner rather than later. I think thats the key sentence in the whole record. The tenyear, which had been moving up prior to this announcement, moved up even further. We were at 2. 71 at the start of the day. Closing right near 2. 8 . The dow drop the a little more than 100 points but ended off its lows. Still a decline on the day. Not surprisingly, Interest Ra
Are arriving in athens showing cautious optimism about the health of the economy. These things are looking better. I shared optimism of the greek government, which is that they would like to access the program. Whether its possible, i think its too early to say. As you know, the program runs right up until the end of this year and will decide later on this year what the future will be. And a grilling on capitol hill, questions on how Safety Standards were allowed to slip as gm recalled another 1. 5 million cars. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. And a warm welcome to todays program. We start off with the latest pmi data out of the eurozone. We had the flash numbers a while ago. The manufacturing pmi down to 53. Thats what the flash was. It was 53. 2 in february. The pmi output index is up to 55. 6. Thats a little higher than the 55. 4 flash number at 65. 3 in february. And the pmi output prices index, 49. 3 as specd in the fl
Welcome to countdown. I am anna edwards. Bloomberg reporters are standing by across the world ready to deliver the stories that will drive your day. Athensweed is in looking at more prospects for greece. Are we seeing signs of weakness in china . We have the latest manufacturing data from hong kong. Twitter wraps up its efforts in social tv and airline hide has the details on its new acquisition. Caroline hyde has the details on its new acquisition. Interviews coming on bloomberg. We will speak with the ceo of Heathrow Airport. He will look at heathrows place in the u. K. Economy. That is during the next hour of the program. Then on the pulse, there will be a an exclusive interview with formerminister Prime Minister agrees. Finance ministers in athens are likely to sign off on the next package of aid to greece so the country can avoid default. David tweed caught up with the finance minister yannis stournas this week. Will greece need more money after the charge that is being discussed
Welcome to countdown. Welcome to the program, everybody. Are standingorters by across the world, ready to deliver the stories that will drive your data. Elliott gotkine is in tel aviv, covering the rising tensions in iraq. Ge sealed its biggest acquisition ever. Manus cranny is watching bnp paribas. A deal with regulators. Berlin,hols is in following the race for the European Commission president. As england takes on costa rica in the world cup tomorrow, we will take a wider look at the countrys economy. We have an exclusive interview. Gunmen fighting iraq he forces seized more terror iraqi forces seized more territory. President Barack Obama Warning the violence could spill over into neighboring countries. Elliott gotkine has more. Things seemingly going from bad to worse in iraq. It does seem that way. Since the insurgents took most of iraqs second biggest city, they have used it as a springboard to capture more territory. Over on about four towns the weekend and now control a swathe