Inviting criticism. While she is seeking a coalition with the social democratic party, immigration hardliners say such an alliance may be too high a price for forewarn years for four more years of merkels government. They are pushing instead for a minority government. There is an anticipated wave off departures following President Trumps first year in office. Powell is exiting on good terms with the president. She and mr. Trump discussed her departure and are working on an arrangement for her to continue advising the administration on middle east policy. ,lobal news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. Live fromlia bloomberg world headquarters, in julia chatterley. Scarlet im scarlet fu. Joe and im joe weisenthal. Julia all we have to talk about is bitcoin. Joe but the question is whatd you miss . Where is the wage growth . Across the pond, theresa may managed to secure a latenight break the d
Good friday morning. Welcome to squawk alley. John fortt and i are back, joining our sara eisen once again. Good morning, guys. May nonfarm, calling for 184,000. National quick director gary cohn spoke to squawk on the stre street earlier this morning. When you look at how many people we brought back into the workforce and you look at the u6 number, the fact that its down since inauguration day, were clearly bringing people back in the job force. That said we want to continue to grow the job force and the president has talked about that. Thats why were so focused on tax reform and infrastructure. We believe we have to create a better and better job market in the United States. For more on the number, the market reaction, we are joined by jp morgans chief strategist. David, ill start with you. On a weak number like this across the board, is it a blip, speed bump in the trajectory or a signal of a bigger, more worrisome trend . The good news is that its tight as a drum. The bad news is t
How we get there and the speed and trajectory, that is where the confusion is now. Officials are talking about the possibility of a rate hike. Richard clarida will be here to help us break it all down. After a dramatic week, the dollar index is still slightly higher but a threeweek low. Own, and nomc job one knows what they are talking about, futures negative the dax is down 6 10 of 1 . The ftse 100 down one third of 1 . The bloomberg dollar index up about one half of 1 . You are seeing this more acutely against the commodity commodities currencies. Far, week for crude so potentially on wti the biggest and smart as we reenter a bull market. On the back of dollar strength, some crude weakness, the dollar index down by 6 10 of 1 . Yields creeping higher on the belly of the curve of treasuries , up 2 10 of 1 . A lot to discuss so far this week, a Big Conversation over the fomc pivoting forward to the speech that friday. Alix who is going to want to take big positions ahead of Janet Yellen
A blistering report on the attacks on the u. S. Consulate in benghazi. The 2012 attack probably could have been avoided says the Senate Committee. Im stephanie sy. According to the Senate Report they failed to increase security. The attack was not a plot but an op opportunistic attack by several groups. For the first time we hear that ambassador Chris Stevens refused two offers to beef up security. Tracy potts has more from washington. The Senate Intelligence report says the state department failed to act on mounting evidence that militants targeted the consulate in benghazi. The state department knew this was a violently part of the world, but failed to take the property security measures to protect the people in benghazi. The report calls the september 11, 2012, attack that killed four americans preventible, noting there were smaller attacks. The c. I. A. Beefed up its security, but the Senate Report says ambassador Chris Stevens declined two or from the military to bring in a specia
We are less than 48 hours into 2014, and the northeast is bracing for its first severe winter storm of the year. Its expected to wallop a wide stretch of the eastern see board from washington to new england. The powerful storm is threatening to bury parts of new york and boston under a foot of snow, a winter storm warning has been issued. The storm could become a blizzard with the metro area experiencing facenumbing temperatures nearing negative 10 degrees. New york governor is considering closing the major highways as a precaution and in massachusetts they are preparing for the worse, declaring a snow emergency with 18 inches expected in some parts of the state. In advance of the storm boston mayor closed city schools through friday. Erica pittsy is live for us. Snow ploughs and trucks are ready for a significant storm. Good morning, erica. Good morning stephanie. In new york city trucks filled are out prepping the road. Thats likely the case. Since this storm expected to dump a foot