For misconduct while the Retail Banking arm disappoints. Oil stocks cling on to the green. Surprising analysts with some positive earnings. Welcome to the show. We have been getting unemployment data. We just got the number out of italy. The march Unemployment Rate rising to 13. 0 from 12. 7 in the month of february. At least march youth unemployment which has been a big concern for investors rising to 43. 1 . To give you context on italys labor market the seasonally adjusted Unemployment Rate rose to 12. 7 in the month of february up from 12. 6 in january. As i said youth unemployment has been particularly a challenge for the country of italy measuring job seekers between 15 and 24 years. Also increased to 22. 6 in the month of february. This is a set back to the labor market reforms which aim to make it easier for countries to hire and fire employees. You can see the euro dollar which has been moving to the upside over the past couple of days. Right now at session highs at 112. The a
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There has been a twist in the local professional baseball team ownership sagas. Bloomberg reports that David Rubenstein, billionaire and co-founder of the Carlyle Group, is in talks to acquire Major League Baseball’s Baltimore Orioles. This news comes after Rubenstein had previously been rumored to be part of a group with Ted Leonsis, owner of…