This is an exciting week. New magazine, new website, app. Megan i am excited. Im a little tired right now. It has been a great week, and these past six months behind the scenes, we have been doing a complete redesign of the magazine online, and we have totally overhauled the app. We are creating daily content we are pushing to readers. Also we are putting us at the forefront of our events here at bloomberg. We are thrilled with the results. I think the look will feel the book will feel familiar to people, but as we go through the project, we have been making sure we are available wherever our readers are. When will you get to showcase feature photography and longform journalism. But also just making it more simple, cleaner, easier to read. We really want the journalism to shine through and stand out. Im absolutely thrilled with the results. Oliver i like the ubiquity of having it on so many different platforms. Where do we go to get the app . Will it be magazine stories, different type
Sure, but not overly expensive. Are there some risks out there . Of course. The tenyear rate is probably reaching the threshold. Its at a 27month high today. 2. 5. Probably you now have to start worrying about it. The damage has been done so far. Its not turned off the Housing Market, which is the one worry you would have, and if it did turn off the Housing Market, you can bet that the fed would back off the peddle a little bit as far as rate hikes go. They dont want the Housing Market to crater at this point in time. Steve liesman, you got the fed meeting this week. Whats the risk in the red rick th that came out of the fed . They embrace what this market is thinking about the future when it comes to rates and when it comes to inflation. What the fed has told me in interviews leading up to this is, hey theres a risk if they do that, and then you see the fed outlook with higher rate outlook and higher inflation outlook. I feel like were getting to the point where almost everybody wants
Market and we saw the s p turned negative again for the year. Julie sort of bouncing around a bit today. Turning negative for the year once again. It looks like investors are looking ahead to the fed minutes this afternoon. They want more information on the thats next move and in waiting for the ash on the feds next move on the feds next move. The s p and our remain in the red today. And dow remain in the red today. The bestperforming group today as we see an increase in estimates for the fed to raise rates or moving. Orward of those estimates financials have been benefiting from that kind of you. Technology, relatively strong. Drop in Consumer Staples as well as Utility Telecom and discretionary. Target is part of the story today. Another retailer disappointing. Earningspershare actually beating estimates put sales weakening. Comparable sales up 1. 2 . One point 6 is what was estimated by analysts in the company Ceo Brian Cornell saying it is an increasingly volatile consumer environm
Decision was the grand jurys to make. There are americans who agree and there are americans who are deeply disappointed and even angry. Its an understandable reaction. The president did not rule out owing to ferguson saying he needed to evaluate how the situation is evolving. Treasury secretary jack lew ss the proposal to extend tax breaks as a responsible. Lawmakers are discussing a package that would reduce the budget deficit with permanent tax breaks for businesses. Record 35face a million fine for not telling safety regulators about injuries involving its cars. More than 1700 claims are at issue in the number of injury claims came up during the investigation of faulty airbags. Weve got a story of Insider Trading that comes with the files of the at ei. And analyst at set itself told agence he made millions of dollars trading on information from an inside source at dell. Need to be analyst nor the dell employee were sued or prosecuted. People familiar with the matter say authorities
Tuesday on this thanksgiving week, you are watching market makers. Thank you for joining me. Any time. Lets get you looking at the top mobile business stories of the morning. More National Guard troops are ordered to the town of ferguson after the grand jury decided not to indict a white Police Officer for shooting a black teenager. Protesters looted stores, burned businesses, attacked guards. Over two dozen people were arrested. Here is the st. Louis county police chief. Most of the building set on fire are to total losses. I have two that are melted on. He road just to the north we have had a lot of incidents with officers getting hit by rocks, batteries, things like that. I personally heard about 100 50 shots fired. President obama has urged peacefullyto protest and for police to show restraint as well. An exclusive story of Insider Trading that comes from the files of the at the eye. The citadel told the agency that they made millions trading on Insider Information from dell. Neith