Planned parenthood clinics are charging new fees and tapping financial reserves and intensifying fundraising. The organization is warning of more unintended pregnancies and sexual transmitted diseases after it was removed from a 260 million federal familyplanning program. Planned parenthood and several other providers quit the program rather than comply with a numeral prohibiting clinics from referring women new rule riveting clinics from her for women for abortions. Global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. York,ne 2 00 p. M. In new 7 00 p. M. In london. Live from bloomberg World Headquarters, and caroline hyde. Romaine im Romaine Bostick come in for scarlet fu. This is Bloomberg Markets the close. Caroline officials cast doubt on further rate cuts. Apple revamp. We are weeks away from a wave of updated products. Bloomberg has the scoop on what the c
You big bucks and more. All that on making money. Charles so the market has been seesawing all day long. Really all eyes on the Federal Reserve, chairman jay powell, what he will say tomorrow at the annual conference in wyoming. President trump tweeted about this today. The economy doing really well. The Federal Reserve can maybe it a recordsetting. The question being asked why are we paying much more in interest than germany and certain other countries . Be early, for a change, not late. Let america win big rather than just win. I want to bring in david dietze, moneymap press their chief investment strategist keith fitzgerald. Let me start with you. On one hand im sort of impressed with the market resolve. Yesterday we had slight inversion. We only lost 60 dow points. Today we had a slight inversion. We dipped little built. Last wednesday we lost 800 points. What is the message of the market right now . Historically, believe it or not, charles, this is actually a bullish indicator. Wh
Boris johnson beats a brexit blockade in paris as mccrone as Emmanuel Macron says any potential changes to the deal would be minimal at best. Shery we have some big guests coming up on daybreak. First, lets get you started with a check of how markets closed on this thursday session here in the u. S. It was a bit of a mixed picture. We saw the doubt at about 50 points, but the s p 500 gave up morning gains. We had more cautious commentary coming out of that officials when it comes to future rate cuts, so that really helped curve. Rt that 2 10 yield materials and Health Care Stocks leading the declines, weighing on the stock markets. We are also seeing manufacturing pmis coming in a bit soft, so that did not help sentiment. We saw the nasdaq down. 4 as we continue to see fears of recession creeping in. At the moment, u. S. Futures not doing much, but lets see how we are setting up in asia. Sophie we not seeing much in the way of action just yet. You just nudging lower in sydney and seoul
Slowing. Is said to be china is trying to funnel more credit to private companies. We will assess the implications in beijing. A quick check of our markets close in the u. S. It was a bit of a mixed picture. We saw the dow gained 50 points. The s p 500 erased this mornings gains. Fed officials with a little bit of caution about future rate cuts. To mention we have some soft manufacturing pmi numbers. That did not help sentiment. Cared materials and Health Leading the declines after fluctuated between gains and losses. That fell 0. 4 . U. S. Futures at the moment not doing much. The focus right now is on jackson hole. Lets see how we are shaping up. Steady as we go. Asian futures not doing much when it comes to the potential for how cash trade may start. We are waiting for cues from jackson hole as well as the g7 meeting this weekend. We also have today a busy day of earnings from china as well as from hong kong. We are going to get a cbi data from singapore. Thise checking on the end m
There is quite a lot going on. If you look at btps, this is the one thing we need to look at. Stocks, climbing, treasuries, slipping. Retreating. Carmakers leading the gains. Contracts also advancing after the s p 500 index close lower. Lower. Ed towe we speak to the German Economy minister and get his take on the slowing economy. Dont miss that interview at 3 p. M. London time. We are also getting some details from norways Sovereign Wealth Fund about the secondquarter performance. Dani burger has details. Not as bright as we saw last quarter. Fundss sovereign wealth 8 , they hadpoint a gain of about 3 . Comparing that to last quarters return of 9. 1 . I have been digging through some of this report and see exactly what the layout looks like. In terms of how different investments did, Equity Investments returned nearly 70 . Equity, 2. 7 , mirroring what we saw last year. The issue was the global uncertainty we saw. Keep in mind, this was the Second Quarter. This was not even before we