2. 15 on a 10year. Kevin and can you stay long in the e. C. B. Meeting on thursday . John mentioned gasoline. At one point it was over 2 a gallon. The issue now is are we going to have the supply . Colonial pipeline has shut down different supply to the east coast. That could be an issue for this driving season, so watch that commodity. Copper, nickel, zinc all on the upside on that better manufacturing data out of china. Those metals have been a killer month. Copper had the best month, highest level in three years. Well talk about that as it relates to the 3 growth. Now lets get an update on headlines. Emma chandra is here with first news. Chandra a french Chemical Plant exploded in texas earlier today. The company, arkema, had expected that to happen after the storm knocked out Power Supplies needed to refrigerate volatile chemicals. Meanwhile, the storm has now knocked almost 1 4 of u. S. Oil Refining Capacity offline. Fuelmaking capacity is now at a sevenyear low. Harvey is moving
Face setting up their own health systems. The estimate could the a blow to republican attempts to round up enough votes to get the bill on the senate floor next week. The white house says it did not sign off on what had been two dozen jet trips made by hhs secretary tom price. He took 24 flights on private planes since he became a cabinet secretary in february. The Health Department defended the trips saying his schedule was difficult and his workdays long. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Julia live from new york. With 30 minutes from the closing bell and u. S. Stocks take a long weekend. Trading unchanged in the close. Miss . Hatd you scarlet Angela Merkel made that to her tenure but at what cost . Ise lithium battery si led. Lit. Julia senator john mccain saying he would oppose the latest Obamacare Repeal measure and that deals a major deal to blow. Is it came over . Game
In remarks this week, i feel like this is an issue everyone is trying to get their head around. That is the lack of wage growth. Megan this is a strong piece about something we are deeply fascinated about. American workers, global workers are fascinated about. Why we see unemployment reaching or touching lows, a full unemployment state, why are we not seeing wages growing faster . Traditionally if you have a compression, more demand for workers, we have millions of open jobs in america but we still see stagnant or slow wage growth. While we are exploring is this is not just an american phenomenon, its global. Places like japan and the u. K. Maybe how we can jump start the wage growth. It is difficult to pinpoint to why itsreasons happening, but there are measures that can be taken to correct it. Carol they talk about things you cant rollback at this point. The role of maybe unions in all of this. Megan this is talked about quite a bit. Over the past three decades as we saw membership d
That ges challenges are worse than anybody else in the market. They say its bod and could potentially get worse. So the problem with that kind of prognosis for shareholders is, you know, this this historically has been a orphan stock. Some people said i dont really need high returns. I feel like this company is going to endure and it will be like good enough or a market stock, and that has not been the case for a while the situation has been deteriorating. Its almost become a conglomerate, but in the negative connotation where people are saying why does this thing even exist in its current form, and, you know, maybe new management and some of the changes they are going to make cant happen fast enough. I mean, look, widely held name, a name you yourself had far different thoughts about lets say 18 months ago, had owned it you threw in the towel the best i know. It was technical. Im not like looking to get involved with the board. I bought the stock on a false breakout and i sold it for
Michelle carusocabrera. Stocks are lower but steady. The dow managed to hit record intra day highs earlier columbus day is today. J. G. E. , the worst annual performance in years what investors should do with this the big announcement tesla is down 2 after they said they are derailing the announcement of the new semi truck until December Tyler mathisen is here here is what is happening now. General motors taking a bigger step towards selfdriving cars, buying a sensortech firm called strobe no price tab mentioned marvel drops a planned venture with northrop drum mondmonds. This comes after they attacked the company for potential ties with the defense contractor. Apple looking into why some of its iphone 8 batteries are swelling maybe they need antiinflammatoriries. Brian . Tyler, thank you very much greetings from the janus advisory conference. We have had low Interest Rates for a better part of a decade. A lot of people may have never invested rates are expected to go higher. How do yo