Of a program and those are good signs. In addition to which we see some good numbers. 1. 9 billion and counting. The coceo of Deutsche Bank signals they may have to set aside more money for litigation as they settle u. S. Mortgage claims. After years of talking, apple clinches a deal with china mobile to sell iphones. It could increase their revenues by 10 billion. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Hello, everyone. Its almost christmas and Ross Westgate has already started his christmas vacation so thats great for him. Im filling in for him this week. Lets get back to one of our top stories. The imf is raising its forecast for u. S. Gdp citing the budget talks to taper Bond Buying Program. In october the imf said gdp was expected to expand 2. 5 next year. While she didnt offer a new number, imf manager christine will he guard appearing on nbcs meet the press says she sees a lot more certainty for 2014. Most people who invest,
For the currency. We have seen a number of effects on the u. S. Dollar, the japanese yen, etc. , but were compensating in our numbers. And cleaning up the mess. Jpmorgans close to a deal to settle u. S. Related problems. The bank could still face more legal woes. The edf is going to clean up the fukushima plant in japan. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Hello. Warm welcome to the start of Worldwide Exchange for the week. Plenty to get through on todays show as ever. Finally, it is u. S. Jobs tuesday this week, but how should investors expect the bull market to go. The treasuries well talk about at 10 20 c. T. The weaker than expected numbers dont really move the needle. Well discuss that as we look at japanese exports at 10 30. As the new department gets set to protect data, well ask whether twitter and google are right to get concerned. Thats 10 45 c. E. T. Plus, its being billed as the biggest auction ever. Well hear from a
As for earnings central, mcdonalds results will be in the spotlight. 8 00 well expect those numbers. It will be a busy week on the economic front. A number of key numbers. The september jobs report. Thats right, on tuesday we get that jobs report we were supposed to get a couple of weeks ago on a friday. Also, well get last months Consumer Price index and then september cpi on wednesday. Our economic newsmaker of the morning on squawk box, Charlie Evans will be joining steve leaseman in a cnbc exclusive. Joe. Thanks. Back to our top corporate story of the morning. Jpmorgan coming up with a settlement. This is mandatory reading. Im going to talk about it later. Well let you do your report and then well talk about what it means. And then we can go for it . Then we can go for it. After weeks of tense negotiations with the government, jpmorgan appears to be very close to a resolution to the tune of about 13 billion, which is a bit more than expected originally. In a phone call friday night
If you like your doctor, you will be able to keep your doctor, period. All right. There you have it. President obamas broken promises, and misleading statements about obama care are now in the pantheon of international slugs. Every newspaper in america are filled with documented proof that millions of americans are losing her to doctors, are losing her to plans and we know the white house knew this would happen all along as much as three years ago. All that sets the stage for what should be a hot and controversial hearing on capitol hill tomorrow morning, featuring hha secretary Kathleen Sebelius and the congressman who was chairing the committee that will be grilling sebelius is about to join us. Dont let all the obama news cry out, we closed at a new all time high for the dow and another all time high for the s p 500 t. Ramally keeps rolling along. All those stories, much more coming up on the kudlow report beginning right now. Now, before we get to obama care. We got to show you the
Has programs which clearly leads to the disappearance of a million jobs. Isnt it time for the admit theyre wrong and to apologize . My honorable friend is absolutely right. The british economy is on the mend. We see unemployment coming down. The numbers didnt work going up. Our growth rate now forecast to be almost three times as fast as German Growth and frankly the Party Opposite and leader of the opposition told us we would lose a million jobs. He was absolutely wrong and it is time he got to his feet and told us he was wrong. Mr. Speaker . Having listened to select Committee Hearing yesterday, can the Prime Minister tell us whats the difference, can the Prime Minister tell us whats the difference between his order. Can i just say to the Prime Ministers pps, his role is to nod his head in the appropriate places and to vet and carry notes. No noise required. Mr. Speaker, listen to the select Committee Hearing yesterday. Can the Prime Minister tell us what is the difference between hi