Good morning, welcome to daybreak australia. We are counting down to asias major market opens. Kathleen good evening from bloombergs World Headquarters in new york. Top stories this hour. China traders shun a risk ahead of the u. S. Inflation report with oil hitting a high for the year. Bond investors willing to settle for a 10 year yield before below 4 in the latest round of the refunding options. Disney having gains after the bell after the prophets be the lower spending outlook. Chinas reopening helping themepark revenue. Kathleen the u. S. Is weaponizing trade after President Biden signs an executive order limiting investments in some of its companies. Lets take a quick look on wall street. It was a down day ahead of the cpi report. Nasdaq closing down more than 1. 2 . Nvidia laid the way but tesla, amazon and apple apple also losing ground. Theres a big jump in energy stocks. 28 surge in the european lng price was what led that. Also help push oil to a 10 month high. After the bel
Its interesting, this business about Workplace Bullying because weve seen so many alleged instance of it just recently, particularly in the television industry. Have you ever seen it . Have you ever seen it . Well, certainly back in the days , i used to work on tabloid days, i used to work on tabloid newspapers and i would often see grown men crying in pubs in breaks because they were getting so carpeted. But that was just so carpeted. But that was just the norm. Then im not saying it was right, but it was absolutely the the late the norm. This is like the late 90s the norm. This is like the late 905 2000. 90s 2000. Yeah, certainly i think yeah, it certainly i think there are some jobs, some professions where its almost seen of rite of seen as a sort of rite of passage to be bullied. Editors of newspapers in the olden days, when i was a trainee , they were when i was a trainee, they were they were absolute demons. You almost said the word there. Yeah, exactly what you mean. Yeah they w
belonged to any member of the biden family, including hunter biden. those questions are not allowed. they were not here friday, not here saturday, sunday or monday. they come back tuesday. so to ask that question is incredibly irresponsible. so they were there friday actually, which we have reported here. so this as we re also told that despite more and more substantive information that comes out about biden s business dealings, shakedowns, bribes, the fbi director said you can t ask me about that. that s an ongoing investigation. can t talk about the intensity, the focus of it. can t talk about anything. so merrick garland, the attorney general face as deadline, which is now less than two hours away to allow congress to interview, to talk to the u.s. attorney, david weiss. you know, what is going on with this investigation. there s a lot of conflicting stories. can you tell us a little bit about what is happening? in moments,ly speak with the speaker of the house, kevin
may or may not match up with what you are feeling every day. we re about to get the biggest hard data dump of the summer. a multifaceted look at what the cold hard facts tell us about where the u.s. economy stands. you have these big hitters all announcing their earnings this week. it s going to be a big reflection of where we are, what we re buying out there. what we re not buying and participating in in this market. look at the reports coming out this week. it s a huge week for this summer. you have gdp, the cost of goods. perhaps the most important, consumer sentiment that we ll get at the end of this week. as you know, two quarters of gdp contraction. we ll get that second quarter gdp number. signalling a recession in the u.s. economy. the white house is changing its tune on the long-accepted benchmark. janet yellen is starting to hedge on what the definition of a recession is. with that, we bring in neil cavuto from your world. always good to have you with us. neil:
Its a rural area, only a few homes near by which is why neighbors choose to live here in the first place. I never thought about it. I wouldnt have move ed d here if i thought about Something Like that. Even though this neighbor didnt hear or see anything its not something she wants in her backyard. Pray for this family that he will be all right. Reporter that victim is still in Critical Condition. Police say its not clear if the victims and the suspects knew each other and they dont have a good description of those suspects. For now they are asking anyone with information that happened to see people running away from this construction site around noon today to give them a call. Nick kick burdine, wusa. That number is 866411 tips. A huge impact being felt today after the death of a 13yearold boy in just a horrible wreck on i95 near laurel last night. It was an 8th grader raising mon other kids with lifethreatening pediatric illnesses. Today at the Religious School he attended in baltimo