All persons having business before the honorable, the Supreme Court of the United States are admonish to give their attention landmark cases, cspans special history series, produced in partnership with the National Constitution center, exploring the human stories and constitutional dramas behind 12th historic Supreme Court decisions mr. Chief justice, former mayor please the court quite often, in our most famous decisions, theyre one that the court took that were quite unpopular. Lets go through a few cases that illustrate, very dramatically and visually what it means to live in a society of different people who help stick together because they believe in the rule of law. Hello and welcome to landmark cases. This is the first of 12 historic Supreme Court cases that we will look at this season. Mcculloch v. Maryland is our case tonight, and we will learn more about this significant case in the people and issues behind it and why it is so important in our American History process. Later,
Saves the world become the regular path of every central bank toolkit . Im mark barton. Out what is happening to European Equity markets one hour into the tuesday session. We are lower by about. 1 . Falling for a second day after rising yesterday. The highest since august. Sterling continue his continues its climb. We temporarily crossed 136 yesterday, the postbrexit median forecast for the fourth quarter. According to the analysts we 1. 29, a bit of a gap. 44 , marginally higher today fell yesterday to the lowest big news is friday when snp global ratings raised the rating to investment grade. The yield on the 10 year yesterday following a whopping 36 basis points. The biggest oneday move since 2000 and 10 2010. Ahead of trumps u. N. Speech, the fed twoday meeting, that kicks off today, gold is inching higher by. 1 , rising after falling to the lowest since august of 2015. Yesterday it rose to a oneyear high on september the seventh. Lets get the first word news. Here is nejra cehic.
Will they moved their headquarters from catalonia . You are seeing the selloff continue on the periphery debt, 2 . Ish yields up about sterling, this is one for you, year. He worst of the can headlines get any worse for theresa may . Jonathan i think that is theresa mays cross. David if they can get worse for her, it will. It is jobs day and coming up at 8 30 a. M. We will get september data from u. S. Nonfarm payrolls and Labor Force Participation rate. We will hear from the fed president s. We first want to focus on the jobs numbers and turn to julie hyman in washington, d. C. She will get the numbers before we do and she will come tell us at 8 30. What are you looking for . Julie what we have been looking at, the hurricanes will make this not a very normal jobs report. There will be a lot of what economists like to call noise in this report because of the various hurricanes. Harvey made landfall august 25, irma september 10, and the survey period ended slightly after that. The nonfa
Dovish fed, the spread continues to steepen. That is more on tax reform, 78 basis points is the difference. The pound just turning positive. A macronmerkelmay lovefest over the past few days. I do want to bring in breaking news over the last half hour from ge, a huge mess on earnings at . 29 a share versus estimates that . 50 a share, and it cut its fullyear forecast. The oil and gas environment remains challenging for its spinoff of the baker hughes ge business. What was the huge mess on earnings and revenue came in stronger miss on earnings one revenue came in stronger . Typically on an earnings day it moves just about 2. 8 . What doesions about it do to flannery, the ceo . David it is typical for a new ceo to clean things out, but this is really a big one. Jonathan it says a lot what was going on and maybe for John Flannery, he has the appropriate whipping boy to drive things forward. It gets a decent position because these are just numbers and got his. David he has got to come up w
David we have some breaking news coming out of washington. With a majorroup announcement about leadership succession. It was led by David Rubenstein who also hosts the David Rubenstein show right here on bloomberg television. Jason kelly joins us now to talk about carlisle and the private Equity Industry which he has covered for many years. This is a big year. This is a moment we have been waiting for for a long time and private equity. The three founders are handing nwe ceosover to two two new ceos. These are both men who have spent some years at the company, and now we know who will be running one of the Worlds Largest equity firms effective january 1. A little bit of runway. This is really only the second time that we have heard a clear sense of who will run the big private equity firm. Alix who is left that we need to hear from for secession . Wonder once i want to make sure we do not miss is that kkr to tee twowee guys up, but they said they were not going anywhere right now. This