Worlds biggest dont of foreign aid, but to American People know where the tax money is go. Its also funding helped to boost global stability and faced with an unprecedented climate crisis, zambia hopes charcoal production permits the Many Assembly and say the move will apply for them if the only source of energy india is the Fastest Growing major economy in the world. But the benefits of india is growth, all trickling down to poor people. The richest one percent of the population owns 40 percent of the countries wealth. The inequality gap is wiping sharply on deployment to stop by and remote these decades in power. Thats according to the world in a policy lab, and its now flash points in the Countries National elections. Hot topics include inheritance, tax and Wealth Redistribution. But the ruling brought to the out john auto policy will be j. P and the Opposition Congress policy are presenting themselves as champions of the common man. Just a reminder that the Indian Government hasnt
Terrorism and into their pockets. Nikki haley called upon the un to take steps to support iran ands. As i understand, there are actually meeting tonight, i believe folks over in iran are trying to meet to try to figure out what sort of response there will be to this right now. Shes als calling for the security counsel to get thr together and have some sort of discussion about this. The question is will there be support on the part of the unit ed to support the protestses in iran. There seems to be some question about this. It seems like it would be a no brainer, but well see what tack they take moving ahead. Nikki haley has been quite vocal. We saw that with the jeruseleum decision a cup of weeks ago. President trump and congress of course you know started 2018 with that big legislative victory. The question is whats next now for 2018. Ronica cleary is here with more on what is ahead for the president. Reporter hi, jim and shawn, the tax reformation the first it and onto the next thing
There. Retirement night 602 million , the headlines coming out fast and we will bring you some of the figures as soon as we get them. Erik wells fargo is one of the more consistent performers on wall street, beating earnings per share would be the seventh time in the seventh quarter. They are managing analyst expectations. The big issue for wells fargo is about the Net Interest Margin. The Net Interest Margin is almost 3 . Wells fargo among the biggest banks with the very best Net Interest Margin. The difference affects the Interest Rates between the Interest Rate at which you lend and borrow. And it was of the vacation but more or less what it works out to. And the second bank of the day jpmorgan being the first where we see an increase in the interest margin. Youre heading toward that fed rate hike whenever that happens and that will be good for banks but this gives us an indication that it seems that the banks of a slight bit more Pricing Power as we head toward the rate hike. Matt
On the revenue side, it was a very small miss. It came in at 5. 93 billion, the estimate was for 5. 94 billion. Adjusted earnings per share 1. 54 again. Tom that is a lot of pizza. That is a lot of pizza at 5 00 p. M. Brendan i will show you the two numbers you need to know. Highspeed data net addition 172,000. Vonnie the estimate was for 98,000, so that is actually a beat. Brendan yep. Vonnie looking for the call to develop what management is thinking about, or charter and the measure. Tom there it is on time warner cable. We will get you started and go to the fed. First, our top headlines with vonnie quinn. Vonnie if that is dropping hints there is almost enough improvement in the job market to start raising Interest Rates. Policymakers arcs rising satisfaction with progress toward full employment. They say they need to see some additional gains before the first rate hikes since 2006. Economists surveyed by bloomberg expect to raise rates by september. The first big break in the sear
Space, more than any other american, male or female. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I am Alisa Parenti and this is bloomberg. Caroline i am caroline hyde. This is bloomberg technology. August,p, another another lackluster jobs report for the seventh time in a row. What does it reveal about the state of the u. S. Economy and the future of jobs in tech . We will get the big picture from top recruiters. The Dara Khosrowshahi regime officially begins tuesday. Is the board behind the new direction and the new man behind the wheel . After two bloomberg scopes on apples most significant launch to date, the beginning of a new era for whole foods and uber finally naming Travis Kalanicks successor. We will run through the biggest stories in tech. First, breaking news. Now for atistering least 100 million for an initial public offering. The Company Discloses revenue of 200 million and intent to list on the nasdaq. We will