More. You get crude getting hammered over 1 percent. Bac back toess get be fourth of july recess. Senate republicans promise to get their bill out before the recess. But they only have three weeks done. That European Central bank gets together with officials with the of European Finance greece. S with well getting new York Fed Survey on u. S. Expectations. Healthcare fight will greet lawmakers again as they trickle this week. Capitol Senate Majority leader mitch to find enoughg votes to miser the measure. Trumporning president tweeted, i can be the imagine that congress would leave a beautifulithout new healthcare bill for me to approve and ready to go. Met last year met with a russian woman to provide informationdamaging on hillary clinton. The meeting took place in june 2016 after his father had secured the republican president ial nomination. The fbi and congressional investigating russian interference in the election and whether theres an members of theen Trump Campaign and moscow.
Abroad. He warned his opponents not to arrow not to bother challenging the vote. In asia, the u. S. Vice president mike pence had a warning for north korean. Weeks, thee past two world witnessed the strength of our new president in syria and afghanistan. North korea would do well not to test his resolve. Taylor mike pence urged china on north Koreas Nuclear wearables nuclear program. Of forging and leaking state secrets. The chairman was also indicted on giving 6 million in bribes. Acceleratedeconomy for the Second Quarter innovaro. Rose 6. 9 in the First Quarter from one year ago. New credit rose more than expected. Global news, 24 hours a day. Powered by our more than 2600 journalists and analysts, in more than 120 countries. I am taylor riggs. This is bloomberg. Lets look at the markets. Many markets are closed but we do have profound moves. Equities,to that of futures, bonds, currencies. The two cent spread is the story and we will get to that with our chart in a moment. Oil is off
Hearings. Mylan ceo answering questions about the epipen price hikes. We have the highlights and low lights from that grilling. And new election poll out as we are days away from the first big debate. Well break down the latest data. First up, futures rising after wednesdays post federally. Heres janet yellen on why the fed is standing pat on rates instead of hiking this time around. We judge that the case for an increase has strengthed, but decided for the time being to wait for further evidence of continued progress toward our objectives. Our current policy should help move the economy toward our statutory goals of maximum employment and price stability. Of course those three dissents, rosengren clearly was not joking around. No. She said weve struggled mightily to understand one anothers point of view. Well, Steve Liesman had some fabulous stuff this morning on Worldwide Exchange just talking about this notion of unemployment, the percentage versus how much theyve really not been ab
Are permitted to speak for up to ten minutes eesm the senator from rhode island. Mr. Reed mr. President , i ask that dr. Jeff fine and lawrence that dr. Jeff fine and lawrence mr. President thank you very much first and ask unanimous consent that fellows of my office of the we granted historical support and im pleased that senator heller has joined me, so this is a bipartisan bill also. And its something that we have to deal with today. It is a huge crisis. Aces i said, 1. 3 million americans have lost their benefits as of december 28, but we can expect through this next year approximately 3 million more to exhaust their state benefits, typically 26 weeks, and not have this federal longterm benefit available to thevmenvery many. This has awless received federal support on a long term basis. It is something that impacts this entire country. It impacts people who work. You cannot get this program unless you have a job and through no fault of your own youve lost that job. And in this econ
Factors. The answer to which i am not fully adversed and covered these in a minute. And the second is in reality or will it continue to slide downward . And again, there are assumptions for one to answer the question. And third, china up for a reform of growth here. The outlook little bit more certain of the actual outlook if we know what the policy because the Economic Growth in china is largely quiet pretty well determined by what policy actions of Chinese Authority will be taken. Then can economic [inaudible] growth in japan. Again, here there are many conditions one ask has to ask. And five, what is the source of Economic Growth in emerging economies . Related to decoupled themselves from advanced economies or not. If not, you know what has lead to recent strength or recent weakening following strengths in the Economic Growth so calm of these even at the outset crisis. U. S. Recovery Fiscal Consolidation was shale gas benefits. Part of the, you know, the u. S. Recovery will be sust