Wall street Global Economy editor Jon Hilsenrath. Great to see you guys. We have a lot coming up. James carafano. Mohamed on the economy and markets, former pennsylvania governor on 2020 race and policy director Peter Navarro joins us talking trade, markets and the fed, dont miss a moment of it, big 3 hours, markets have a firmer tone, mix trading dayiest, we are waiting on crucial speech this morning from Federal Reserve jay powell, the central bank chief addressing commentary policy and future rate cuts, we have Jon Hilsenrath to tell us what youre expecting, jon. Jon itll be hard for powell to go on a limb, theres a lot of Division Within the fed itself. We talk about the pressure that powell is under from President Trump. President trump wants him to cut rates, theres some he is attendance as we reported earlier this week about half of the Regional Bank president s, one eager to move rates down at the last meeting, powell has to set the table carefully. You had exclusive and fantas
Exchange welcome to cramerica other people want to make friends, im just trying to make you some money my job is not just to entertain but teach and coach you. Call me or tweet me jimcramer how the heck are we supposed to figure out what is going on when the president of the United States starts bad mouthing china when his hand picked team of the negotiators is set to have a state dinner with chinese counter parts . These trade talks are so important, no wonder the market is confused. Down hard on trumps tweets or betting on the hope the Federal Reserve will bail us out with a rate cut tomorrow afternoon that we certainly need. Thats why the dow closed down 23 points, s p dipped 2. 6 and nasdaq lost 2. 4 maybe the president , maybe its not a brilliant plan here. I can see where hes coming from man, it does not inspire confidence about these trade talks when you tweet stuff like my team is negotiating with the now but they always change the deal in the end to their benefit. They should
eyes. the river that runs through all of this is with money. very much so. now it s time to find out the truth. i just kind of froze and i said, is that what i think it is? she looked at me and said. you know you can t ever leave now. right? hello and welcome to dateline! colorado rancher jake loved tending the land, riding his harley, and hanging out with a type group of guys. then suddenly he stopped answering calls and texts. his friends feared the worst. but years would pass before a series of clues exposed a truth far darker than even they imagined. here is josh mann koen s with trouble at the 7-11 ranch! home on the range. sometimes here in western colorado it is so quiet that all you can hear is the wind. beautiful meadows that wave in the breeze, it s a lovely part of the valley. it is beautiful, no doubt. at the same time, that lovely lonely valley can be unforgiving place to live. it can drive some people to extremes. no one understood that bet
Lets see what happened overnight in asia. The flnikkeiclosed down. Hang seng down by 5 points the shanghai composite up by a third of a percentage point. In europe in some early trading, looks like the dax is up by a third of a percentage point. The cac is up bay half py a half percentage point finally check out crude Oil Prices Crude Oil yesterday down by 1. 4 on some questions about u. S. Supply and also doubts about whether russia is going to be cutting output whether it will stick with that. This morning down 1 couple big stories were watching japans softbank offering to purchase shares of uber at a valuation of only 28 billio 4 . Thats a huge drop of the most recent valuation of 68 billion. Ubers board approved the investment in october. It would expand the board and cut the influence of founder travis kalanick. Big question about whether people will tend near this offer. The consortium is led by softbank, and they plan to take a stake of 14 in uber if they dont get it at this pri
With germany and iran. The two inch Inflation Inflation pressures, wholesale prices fell last month. He index was down 1 10 of 1 one big reason was because of oil prices. Well get a look at inflation tomorrow. Global news, 24 hours a day, powered by more than 2,700 journalists and analysts in more than 120 countries. Bloomberg. York, and in in new am shery ahn. And i am vonnie quinn, welcome to Bloomberg Markets. Julia here are the top stories that we are following. Buyers resurface after tenure options. U. S. Econdmost expensive city to live in is getting a little cheaper. We will discuss what is driving a drop in apartment rents. Bloomberg reporting that the ridesharing company, ober, was keeping authorities in the dark. Marty tells this hour. For now, julie hyman is with us. Alice before yesterday, when we had deposits, trading higher, and the dow was at a record. Closing basis. We have seen a gain in energy stocks. Aree see today, oil prices at their highest since december of 2014