10 year. Crude now below 30. And not emphasize enough how much pain that will be causing to producers. To get a sense of where we are in the market, if you switch of the board, you can see some of the heavy hitters within the market, like apple and microsoft, down 10 , 11 . Also seeing bank of america off by 16 . The index which tracks the s p is down by almost 10 . Again, a world of hurt within the next two and half hours. We have some breaking news. The boe is pledging further prompt action when needed. No specifics on that, but they are pledging action as needed. We will bring you anything, any information as they come out. They said the dollar move to combat is there. This is governor bailey. Time now for global exchange, where we bring you todays market moving news from all around the world. From new york to washington, brussels and beijing come our bloomberg voices are on the ground with all of this mornings top stories. The Federal Reserve swept into action yesterday, cutting it
[cheers and applause] thats what im talking about whoo steve wynn is the man with the midas touch who added glamour to the gambling industry. If youre gonna start a gambling joint, start a gambling joint. He transformed las vegas into an International Tourist spot, but the odds havent changed. The only way to win in a casino. Is to own one. Own one. Unless youre very lucky. [stopwatch ticking] internet gaming is illegal in the United States and absolutely thriving. Yes right now, as you watch this story, 70,000 people are gambling on party poker, and thats just one site. There will be more online poker games per day at the end of this year than all of the casinos in the entire world put together. Welcome to 60 minutes on cnbc. Im steve kroft. By some estimates, gambling in this country is a nearly 100billion industry. It attracts everyone from flamboyant businessmen to nefarious conmen. While the odds are heavily stacked against them, for millions of americans, gambling remains enormou
[cheers and applause] thats what im talking about whoo steve wynn is the man with the midas touch who added glamour to the gambling industry. If youre gonna start a gambling joint, start a gambling joint. He transformed las vegas into an International Tourist spot, but the odds havent changed. The only way to win in a casino. Is to own one. Own one. Unless youre very lucky. [stopwatch ticking] internet gaming is illegal in the United States and absolutely thriving. Yes right now, as you watch this story, 70,000 people are gambling on party poker, and thats just one site. There will be more online poker games per day at the end of this year than all of the casinos in the entire world put together. Welcome to 60 minutes on cnbc. Im steve kroft. By some estimates, gambling in this country is a nearly 100billion industry. It attracts everyone from flamboyant businessmen to nefarious conmen. While the odds are heavily stacked against them, for millions of americans, gambling remains enormou
[cheers and applause] thats what im talking about whoo steve wynn is the man with the midas touch who added glamour to the gambling industry. If youre gonna start a gambling joint, start a gambling joint. He transformed las vegas into an International Tourist spot, but the odds havent changed. The only way to win in a casino. Is to own one. Own one. Unless youre very lucky. [stopwatch ticking] internet gaming is illegal in the United States and absolutely thriving. Yes right now, as you watch this story, 70,000 people are gambling on party poker, and thats just one site. There will be more online poker games per day at the end of this year than all of the casinos in the entire world put together. Welcome to 60 minutes on cnbc. Im steve kroft. By some estimates, gambling in this country is a nearly 100billion industry. It attracts everyone from flamboyant businessmen to nefarious conmen. While the odds are heavily stacked against them, for millions of americans, gambling remains enormou
Crown Resorts (OTCMKTS:CWLDF – Get Free Report) and MGM Resorts International (NYSE:MGM – Get Free Report) are both consumer cyclical companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, valuation, risk, institutional ownership, earnings, analyst recommendations and dividends. Institutional & Insider Ownership 68.1% of […]