Meetings. Says the talkso are likely to include discussions on how free nations can Work Together to handle threats from china. The vatican is staying notably silent after pope francis appeared to back samesex civil unions. The comments made during an interview for a new documentary reportedly took even the most senior levels of the Catholic Church by surprise. Popeses per spokesperson has not returned emails or calls looking for clarification on the comments. Many are wondering if they indicate an official change in church policy. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. House Speaker Nancy Pelosi says a stimulus deal could be close a
Understand itse true impact whh has been particularly devastatingar to countries and e most vulnerable communities, women, youth, the elderly. But most importantly, we are here to find Innovative Solutions to i creating change. This is precisely the focus of this Years World Bank which wilwill takeplace starting octod Global Leaders of the government, business and civil society. Just at the stage for the evening we will hear today from World Bank Group david and whato it will take to tackle this crisis and how we can turn this into an opportunity for an inclusive recovery. We will be joined in conversation with the president school of finance and joining from his office in sanford doctor redman has been president of the German Central Bank and is a member of the governing council, represents germany and the imf and other National Bodies and has been chairman of the board of directors of the bank since november, 2015. Welcome. The floor is yours. Thank you for your kind words. Ladies an
As the seasons begin to turn, there could be more deaths and of course serious illnesses ahead. City, we saw the new york rate of positive tests at more than 3 for the first time in months. Lead to possible lockdowns either officially by the government or unofficially as residents opt on their own to stay home again. The Economic Data seems to be turning in our favor. We saw data with regards to consumer spending, Consumer Confidence. It is still a pretty delicate stage right now. Joe there are always concerns people are talking about, the lack of fiscal stimulus, the fact that we might get another wave with the virus. Gains inntinue to see Consumer Confidence. It is hard to see on this chart but it is the biggest one month sequential gain of this headline measure in 17 years. Right now, the arrows are still going up. Romaine if you would to be a glass halffull or halfempty, i should say you look at the idea that we have not quite recovered from prepandemic levels. This is a subsection
Higher, by 18. In fact the dow and s p 500 scoring the third day of gains yesterday. But the nasdaq was the big winner with a gain of one and quarter percent on the war against coronavirus and dave ricks is here joining me first on fox business at 7 10 a. M. This morning. With breaking news you do not want to miss. The stimulus stalemate goes on House Speaker naption facing backlash now after senior democrats shot down a bipartisan proposal. And it is count down to election day President Trump says he has no regrets about his handling of the coronavirus pandemic. This as joe biden kept courts hifng voters in florida. History made at the white house, the dawn of a new middle east israel, the United Arab Emirates bahrain sign a deal brokered by administration. Here to talk and more. Plus Hurricane Sally crawling dangerously slow toward the gulf coast. Already dumping massive amounts of rain on the region. We have a live report. Apple newest tech taking a look at apple and ipad see if it
Else, stimulus optimism. Pelosi and mnuchin are set to speak again. Airline stocks are up. Plus the race for a cure and treatment for the coronavirus. Shares of regeneron and eli lilly are rallying, both asking the fda for emergency use approval for their antibody therapies. And speaking of surging, look at shares of ibm this morning, moving up on plans to spin off its it infrastructure unit Arvind Krishna and Ginni Rometty will both join us first to discuss this historic move for the company. Carl we are awash in headlines from the president after this 55minute interview. But buried in there are discussions about the progress of stimulus talks and emergency approval for the likes of lilly and regeneron. Look, i think that there is a narrative that were going to start hearing and it was the president s narrative, he voiced it, i know if youre george ancopolous, you dont want to hear it is a cure. You want to hear it is something that is part of a cocktail of things that you need to be