Losing month for 2019, first may decline for 2012 this morning you see modest green arrows s p futures up by 2 points and the nasdaq up by about 9 points. Overnight in asia markets slightly stronger. President trump coming back from japan. You see the nikkei closed up by a third of a percentage point. Similar gains for the hang seng and the shanghai deposit up about 0. 6 in europe its a mixed picture. The ftse up by about a tenth of a percent. Stocks are weaker in it will i and in spain as well if you talk a look at whats been happening in the treasury market in the United States, youll see the tenyear is yeeling, wow, 2. 89 , so below 3 . This morning alibaba deba debating whether to offer new public shares in a second offering, this time to hong kong reported will i they could raise up to 20 billion. Theyre currently working with financial vuzers to offer the listing as early as this year. The Company Initially listed in new york in 2014 raising a record 25 billion shares of alibaba
Up to 70 or so up gilt. Com today today on inside politics, welcome to the General Election. The two parties choices, whether you like it or not, are joe biden and donald trump. The 2020 rematch is now effectively a done deal after nikki haley made this announcement this morning, the time has now come to suspend my campaign. I said i wanted americans to have their voices heard. I have done matt. I have no regrets. And although i will no longer be a candidate, i will not stop using my voice for the things i believe it the question now, where Will Haley Voters go . Both biden and trump are making a play for their support with very different strategies. Im dana bash, lets go behind the headlines and Inside Politics First Up today is day one of what will likely be a bidder and girls cooling 244 day General Election in 81 yearold incumbent president versus his seventysevenyearold predecessor. Donald trump was able to secure his spot as the Presumptive Republican nominee for the third time i
In many parts of the economy so our tools are well suited to work on that problem thats what were doing. Youre right, though, we dont the price of oil is set globally, and its not something we can affect. I think by the actions that we take, though, we help keep, you know, longer term Inflation Expectationsanchored and keep the public believing in 2 inflation by the things that we do, even in times when energys part of the story of why inflation is high. So the fed is facing two more ethics related incidents with the revision of the Financial Statements from president bostic and president bullard speaking at a closed event, so some senators like Elizabeth Warren are saying that this is a sign of greater ethics problems with the fed. Could you talk about what this does to the publicstrust in the bank and what the fed is going to prevent this kind of behavior from becoming common . Sure, so youre right the picks trust is really the feds and any Central Banks most important asset and anyt
Tell us to talk to us. It is snowing up and down the east coast today. After two months of record cold snap, there are problems keeping up with the demand of salt. Welcome to Market Makers. K is off this week in colorado. Scarlet fu is helping me out. Good morning, you talked about comcast and time warner. The deal is more than 45 billion. Christina has been talking to executives and studying the fine print. Give us the overview. Pulled a shrewd move. It was talking to charter about and in thenturer middle of everything, it went around everyone and negotiated a deal on its own with time warner. It is the price the time warner wanted, 1. 60 per share. It becomes a matter of selling it to shareholders. Did that today on the call with analysts and its a big price. When you look at how historically these these stocks have traded, this is a phenomenal price and could spur some further consolidation. We are looking at some of the smaller players now that charter is left way behind. This is a
Dropbox. He is a longtime google veteran. Mapping themous for earth but the satellite images can be up to three years old. We are looking at the startups trying to change that. Our top story today, the two biggest Cable Operators in the country are joining forces in a deal that analysts say is nothing short of shocking. Comcast agreed to by Time Warner Cable. It faces a lengthy Regulatory Approval process. Comcast will have sealed this dominance over the cable industry. Jon erlichman is with us from l. A. , peter cook is in washington dc with the political angle. I will start with jon. How did this happen . This interest from charter, to get bigger in a world where we have a lot of options. It has to get bigger, more meaningful to people. Obviously, charter had this great interest in doing this deal. Time warner wanted charter to pay more money. The possibility of comcast acquiring some of the assets of Time Warner Cable. Along the lines, they ultimately decided that comcast was the be