A new Cruise Missile. From moscow thanks for joining us in our international diner hawkings with you tonight welcome to the program. More than a year of tensions in italys Ruling Coalition after come to heads with the italian Prime Minister resigning after the countrys interior minister. Called for a vote of no confidence once again leaves italy in a deep political crisis. Well that resignation over its lease Prime Minister said because they had been widely speculated for the last few days and now its happened to force plunging italy into a fresh political crisis in his resignation speech on cheese the often he notes that blistering attack on the deputy Prime Minister mean to you in the cemetery you so beany over the leak basically accusing him of doing everything to profiteer himself and profiteers party the government and he accused mattel you so binnie of being the one whos driving the governments to crisis you will get all up to the poll mantra debate is over well go to the preside
Welcome to power lunch. Heres where we stand with the markets now. Look at this the dow here right near session highs, higher by more than 300 points that was after yesterdays big market comeback really starting staging momentum in the afternoon. Tech driving the rally today nasdaq up. And check out defense names like lockheed martin. Both hitting record highs today. Higher lockheed by 2 . Northrup by more than 2 despite the fact stocks are rallying right now, slowdown fears are still looming like a dark cloud over wall street. Steve liesman joins us with a rapid update on gdp. The numbers in the trailing quarter were good. But what is the future well, the trailing squaurt is where the action was this time around added inventory and this is the most boring part of economics, but may be the most influential. We had a run off and it ran off more in the Second Quarter remember the 2 from the government when it first came out . Were down another tenth when others were down another tenth to
Robert . Reporter thats right. In fact there are a number of protests through the city. They are here at 1 00. It shows you how widespread the response is and many south bay groups, the response needs to be different from what it has been in the past. If you are at risk of being taken they acknowledged the image of ice raids struck fear in the hearts of many immigrant families, but rights activists want it to generate determination and action as well. How do we defend ourselves . The Rapid Response networks and other activists groups are spreading the word of a hotline to report ice activities and get advice, including having an attorney show up at their home. Naomi is a network volunteer who has undocumented family members and said the hotline and Community Support is bolstering her resolve. Its difficult to process that maybe your parents or your friends can be taken away. All these things are intended not just to gin up the base, but to destabilize and make the community feel they h
Gulf coast. The news at 11 00 starts now. We begin with the rare Violent Crime in a quiet south bay neighborhood. Tonight, police are still searching for suspects and answers. An 84yearold grandfather is dead after a Home Invasion in san joses evergreen neighborhood. Sergio is there live with the latest for us. Sergio . This is a crime that happened as a lot of the people in this neighborhood were actually away at work and as they started arriving here this evening, they had lots of questions, but so far San Jose Police are not providing a lot ofremained clos. Police reports that someone broke into a house here. This woman lives on montecito drive. The police are in the back yard and. As officers searched the area, they had an urgent advisory. An elderly grandfather might be in the residence. Officers fountain 84yearold man inside. Word quickly spread to neighbors. Were heard it was a burglary and it was an older gentleman there and it was a assault and battery and he was passed away.
Investors to used africas commercial hub. Kenya is the only african nation to make the goal of making Renewable Energy 70 for 75 of its energy mix. Which first connected to the National Grid last year, is expected to provide 17 of kenyas energy. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Amanda im amanda lang in toronto. Welcome to bloomberg markets. Here are the top stories we are following from around the world. The new york fed president John Williams and vice chair Richard Clarida says dont wait for the economy to enter a downturn before cutting rates. The new york fed walked back the comments. The latest in the great rate debate. And an interview with robert strayer, about how the u. S. Is trying to win the battle for 5g. Day as wetoric remember the 50th anniversary of apollo 11 landing on