Cost at 1. 7s the trillion over 10 years. The study is based on last ands version of the bill amendment added 160 billion to the cost. In an exclusive conversation, Steve Mnuchin discussed his support for tax cuts. Our strong preference is that the Corporate Tax rate starts next year. We look forward to working with the senate as the details come out. Federal judge has issued a gag order in the Paul Manafort case. The judge has part all parties from making statements to the press or public that might influence a jury. Thanl news powered by more 100 to journalists and analysts in 120 countries. This is bloomberg. 30live from new york, we are minutes from the close of trading here in the united states. After theixed even surge in tech stocks earlier. The question is, what did you miss . The china in washington, the spotlight is on the senate. Republican senators expected to reveal their bill tomorrow. Machinecas drilling keeps on rolling. Production rising over the next few years within
The economy is going off the rails. Or that its about to roar. In fact, on a day where the dow gained 4 3 points, the s p climbed 1. 8 . This is the most glass half full, glass half empty moment we have seen in ages. First we have fabulous employment numbers. The jobless claims are at the lowest levels since 1988. Thats a staggering figure. Its incredible. You simply cant have an economy at nearly full employment and honestly, be anywhere here a recession, does that define a Strong Economy . Housing, wow, it is just red hot. You know housing represents only 10 . I know some figures came out today that were not that strong, but believe me, this is the hottest area, toll brothers, the luxury Home Builders said it had been the best spring selling season ever. Many factors are bringing buyer office the fence right now. Interest rates rated by the rate of resale and personal homes. I have never heard them this bullish. I want to make something very clear. When the market was red hot before
By President Trump in his cabinet. The Trump Administration has not released a report. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology, is next. Emily im emily chang. This is bloomberg technology. Coming up, disney pulls the plug on netflix and unveils plans in the pipeline to roll out films on its own streaming service. Joins us to discuss todays Earnings Report and the way forward. Plus, a potential lawsuit, and even a wikileaks job offer are part of the fallout after google fire in the engineer who wrote that controversial diversity memo. We have all the angles covered on this developing story. Lending club could be shaking off its losing streak. The ceo joins us to discuss the online borrowers improving fortunes and a near record Earnings Report. Lead. To the President Trump ratcheting up the war of words with north korea after reports in washington that north korea
Record high for a ninth straight day. Were up 11 points right now and if youre keeping score it would also be the dows tenth straight game. Nine records and ten games, and the s p is in record territory. The russell is not though. Hand neither is the nasdaq. But it is coming back today strong. So we are keeping a close eye on all of those and the possibility of more records being set today. All of this despite increasing tensions between the United States and north korea after the u. N. Imposed new sanctions on the rogue nation. Coming up, weve got the latest on north koreas threats and whether they could derail the rally. What it looks like from here. Yes all thats happening and, of course, the vix falls below 10 today. It takes a lot to spook the markets these days. Crazy. The sense of calm continues. And more earnings cbs highlighting todays after hours reports. Tonight, instant analysis of all of those numbers and a debate on whether you should be buying or selling what used to be
By President Trump in his cabinet. The Trump Administration has not released a report. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology, is next. Emily im emily chang. This is bloomberg technology. Coming up, disney pulls the plug on netflix and unveils plans in the pipeline to roll out films on its own streaming service. Joins us to discuss todays Earnings Report and the way forward. Plus, a potential lawsuit, and even a wikileaks job offer are part of the fallout after google fire in the engineer who wrote that controversial diversity memo. We have all the angles covered on this developing story. Lending club could be shaking off its losing streak. The ceo joins us to discuss the online borrowers improving fortunes and a near record Earnings Report. Lead. To the President Trump ratcheting up the war of words with north korea after reports in washington that north korea