Gain of 44 cents. 44. 67 ber peril. Brent at 48 this morning. And out of brazil, the senate has decided to proceed with a impeachment of dilma rousseff. Vice president will replace her during the trial and permanently if shes guilty. 180 days guaranteed that shes out . Yes. While they undergo trial. Trial. And then they have a vote and the senate has to vote by twothirds to push her out permanently. We think based on the trial. But nobody thinks the trial is relevant. They think they already know the count in advance. And interesting the way the stock market has reacted. It was at one point maybe it still is the best performing market in the world year to date. Trading on her eventual departure with the idea that the Vice President is more market friendly. Almost anybody could be more market presently than dilma rousseff. Whats up . Closen on fifty in oil. The market was down 200 and supposed to be corelated. Doesnt work anymore. And then. Where did they get that . Squawk box. The diam
Sales were robust last month. According to the latest government data, consumers spent more in april than expected and thats important because Consumer Spending is responsible for about twothirds of economic output. But it flies in the face of everything that weve heard this week from some of the nations biggest retailers who are struggling to attract shoppers and grow revenue. Jcpenney was the latest to report an unexpected sales drop and cut its gross margin guidance for the year. Steve liesman looks at the possible reasons behind the disc. Reporter a Strong National retail says report for april gave a major boost to the idea that the u. S. Economys in the early stages of a rebound from that weak first quarter. Retail sales grew 1. 3 , beating estimates in auto sales and furniture. Economists looking for 2. 5 Overall Economic growth in the second quarter. But the number raised a troubling question. Why have retail earnings been so lousy . Nordstroms had comparable sales fall 17 , koh
Sales were robust last month. According to the latest government data, consumers spent more in april than expected and thats important because Consumer Spending is responsible for about twothirds of economic output. But it flies in the face of everything that weve heard this week from some of the nations biggest retailers who are struggling to attract shoppers and grow revenue. Jcpenney was the latest to report an unexpected sales drop and cut its gross margin guidance for the year. Steve liesman looks at the possible reasons behind the disc. Reporter a Strong National retail says report for april gave a major boost to the idea that the u. S. Economys in the early stages of a rebound from that weak first quarter. Retail sales grew 1. 3 , beating estimates in auto sales and furniture. Economists looking for 2. 5 Overall Economic growth in the second quarter. But the number raised a troubling question. Why have retail earnings been so lousy . Nordstroms had comparable sales fall 17 , koh
According to the latest government data, consumers spent more in april than expected and thats important because Consumer Spending is responsible for about twothirds of economic output. But it flies in the face of everything that weve heard this week from some of the nations biggest retailers who are struggling to attract shoppers and grow revenue. Jcpenney was the latest to report an unexpected sales drop and cut its gross margin guidance for the year. Steve liesman looks at the possible reasons behind the disc. Reporter a Strong National retail says report for april gave a major boost to the idea that the u. S. Economys in the early stages of a rebound from that weak first quarter. Retail sales grew 1. 3 , beating estimates in auto sales and furniture. Economists looking for 2. 5 Overall Economic growth in the second quarter. But the number raised a troubling question. Why have retail earnings been so lousy . Nordstroms had comparable sales fall 17 , kohls saw them to 4 for the quart
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