Following yesterdays rout john ferroli and dan sculley join us. Happy friday to you both a lot of debate this morning about the jobs number, and the degree to which it tilts the macro debate whats your take its more of the same, which is strong job growth, low unemployment, but disappointing wage numbers which is the story weve seen a bunch of times over the last year or two i dont think this does much to resolve the debate growth looks good. The question is where inflation is going the wage numbers dont scream out that theres a whole lot of inflation worries for the nrt nearterm. Dan, do you agree how long can that dynamic last i would say we had solid news in particular in the manufacturing jobs sector this morning. We may continue to see that as we get infrastructure announcements into january potentially some changes in capex trends as we have fiscal tax reform and tax changes the broader takeaway for our team is that were seeing a rate of change inflection in job growth going back
President trump was aware of his decision to recognize jerusalem as israels Capital Raise it tons, but he did advance peace in the middle east. The Trump Administration has been working on a new peace plan. Ambassador haley gave no details. Allies in the Un Security Council are criticizing president trumps decision on this. Britains ambassador called it unhelpful to bees. Siuweden and japans ambassadors opposed unilateral measures. Local news 24 hours a day, powered more than 27 hundred journalists in more than 120 countries. M alisa parenti, and Bloomberg Technology is next. Emily this is Bloomberg Technology. Bitcoin mania. The battle is not cooling down. A look at its wild week and a major milestone coming up. Plus, nintendo continues its successful year. We will hear from the company about its plans for the Holiday Season and 2018. Hisdraper talks about position on bitcoin. This later on the show. ,nother wild week for bitcoin the worlds most valuable cryptocurrency. 17,000an flirt
Greetings and yet its all business for President Trump and his g7 counterparts as they tackle trade, security and the fight against isis. But its the president s shove heard round the world of the Prime Minister of montenegro that has tongues really wagging. Guess whos not upset about it at all . Weve got the real story. Standing by, former assistant secretary of state bob hormats and strategist ed rollins. Well ask what happens when President Trump returns to find that his soninlaw, his closest adviser, might be in the russia hot seat . As the president focuses on trade with the g7, a fox business exclusive with former secretary of commerce Carlos Gutierrez on the one thing about the president s efforts that he must kick into overdrive for trade. Memorial day, a time to honor those who have died in battle and to thank the men ask women who are still and to thank the men and women who are still serving. For those wounded in war, the treatment by the v. A. Has been more than a slap in t
Powered by more than 27 journalists and analysts in more than 120 countries. I am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Caroline i am caroline hyde. This is Bloomberg Technology from london. Coming up, the tech selloff goes global. Investors weighing the sectors biggest names. We will analyze every turn of the worst two days contact this year. Uber ousts its head of business. We have the inside track on the surprise exit. He joins us at the launch of london tech week for a bloomberg exclusive. Lead, stocks follow around the globe led lower by tech shares. Biggeste, it had the decline in almost a year since june 27 of 2016. The slide continued in the united states. Some of the largest firms posted the biggest declines including apple, netflix, and alphabetic. Oliver renick joins us from new york. You my firstbring one. I am digging into the terminal. 9317. I am looking at the slump in european stocks, down 3. 6 . Im looking at the slump in the u. S. Nasdaq in t
Executive order targeting majority muslim countries discriminated on the basis of religion. Jeff sessions will testify publicly to the Senate Intelligence panel tomorrow. The attorney general will answer questions about his role in the firing of former f. B. I. Director james comey. Sessions requested a public event. Bloomberg will have live coverage of mr. Sessions testimony beginning tomorrow at 2 30 wall street time. This is bloomberg. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. This is bloomberg. Caroline i am caroline hyde. This is Bloomberg Technology from london. Coming up, the tech selloff goes global. Investors blaming the sectors biggest names. We will analyze every turn of the worst two days contact this in tech this year. Uber ousts its head of business. We have the inside track on the surprise exit. The mayor of london joins us at the launch of london tech week for a bloomberg exclusive. First