Tom it is a backdrop for our conversation with Alan Greenspan, not a public official right now. Chairman greenspan has a lot to say, particularly about the bubble that we see from quantitative easing. Stan fischer is the vicechairman of the fed. He brings to us not only the domestic conversation, but decades of experience in eight in international economics. Lets get to our top headlines with vonnie quinn. Vonnie coming back to you later in the morning from washington, d. C. , with those interviews. Violence erupted at the demonstration marking the oneyear anniversary of the death of Michael Brown. The unarmed black man who was killed by a police officer. [gunshots] get down. Gunfire. Police say a man began shooting at officers and was wounded when police returned fire. The suspect is in Critical Condition. Donald trump is refusing to apologize for comments he made about fox news anchor megyn kelly. He is under fire for how he described her performance last thursday during the debate.
Initiatives and campaigns. That is someone saying this is what matters. This is what i need in my life. So true in business that the urgent drives out the important. When i took way from that is he that it is urgent but not as important as his kids because he may have other opportunities. I really respect the fact that he was going to say this is maybe not the most important thing in my life right now. Thatanie i like the point maybe if more of his political leaders were moving their maybees to washington they could learn to be cordial and work together. David sounds nice. Stephanie i am really nice to people at cocktail parties. Coming up in this hour, we have and its was of interview with the dell ceo. Emily chang will be sitting down with him coming up in 45 minutes. Vonnie it is a record year firm mergers and acquisitions and i got a lot bigger this morning. Western digital has agreed to a 19 billion acquisition. Separately, lab research is buying kla. Both of those Companies Based
Rating to junk. The highest Interest Rates in nine years and a recession. There is a corruption involving petrobras, the state oil company. No more secondclass citizen status for apple tv. The settop box has taken a backseat to the iphone. Tom im buying one. Tim cook has unveiled a major upgrade. We believe the future of television is apps. In fact, this transition has already begun. We are spending more and more time on our computers and mobile devices, enjoying great tv content through apps, such as itunes and netflix and hulu. And bloombergtv, of course. There is also a bigger i cut design ipad design for business customers. Tom im buying one. [laughter] they dont like the iran deal, but they are not bound by the deadline because president obama has not given them details of side agreements. New York Governor Andrew Cuomo is prepared to support raising the states minimum wage to 15 per hour. He will make the announcement today during an appearance with Vice President joe biden. The
That sped away. Tonight was fairly uneventful up until midnight. Admin i come the crowd was starting to break up. Several officers have left the area. To the media northwest of the Ferguson Police department several shots were fired and two officers were struck. Betty the resignation of the ferguson chief is the latest the dollar falling back boosting the futures outlook. Bonds are gaining on this. Is the ecbs Bond Buying Program the greek debt crisis is still hanging over them. We are not the power of the 21st century. The economic power of the 21st century. There are 18 different debts. Betty greek officials are in talks with the countries creditor. Chinas central bank moving had to boost Interest Rates. The bank wants to live the cap on what banks may pay depositors. The head of the peoples bank of china says the move is very close. A Huge Investment brightens the financial picture at snapchat with ollie baba 200 million into the Company Alibaba pouring 200 million into the comely,
Everyone is watching to see whether we will rebound from last month disappointing jobs report. I have not seen and adp report with this much focus in a year. We will watch that closely and that 10 00 a. M. , we will get numbersnonmanufacturing and the earnings continues. After the bell, disney. First twitter public Earnings Report will be interesting to see as well. Lets do a data check print its a quiet market as we wait for the adp report. Andres are at negative two a 10 year yield was up slightly yesterday. Nymex crude is 96. 97. Vxx is at 21 off the ugliness of friday. The yen is a big story because of what it has not done. That should be a bigger number. But its not. We have a continued strong and off economic eta. Economic data. There is the data check print it is a busy day. We scour the papers. And washington, the Congressional Budget Office is projecting obamacare will cause a drop of about 2 million full time workers by 2017, maybe 2. 5 million by 2024. What they are saying i