Surveillance. Jonathan good morning, good morning. This is bloomberg surveillance. Posited by 0. 2 on the s p. Chairman powell would like a little bit more data. Going into the Federal Reserve meeting last next week, will he have sufficient evidence to change his view on the economy . Lisa people are really looking at this as being one of the most important in the last couple of years which is what we hear every single time, this time or option more often. The idea here is if you see another hotter than expected cpi print, you will start to reprice the Federal Reserve so they cannot cut rates until well after june. The question is exactly the same. The question on wall street has not changed. While the upside surprise a oneoff or not . We dont expect the report to provide clear and of evidence of disinflation to boost the fed confidence to cut Interest Rates. This is about how we set up that meeting going into next week. What i extrapolated yesterday was actually how they view inflatio
4. 651 . Taking a look at crude prices and how they are digesting in the middle east. Wti is down. 50 . 85 a barrel. Brent is tame this morning at 89. 75. A check on bitcoin days ahead of the halving. We are down fractionally. 63,352. New data from china overnight. First quarter gdp grew 5. 3 year on year beating the estimate of 4 growth. Export volumes rose 14 from a year ago. Back here at home, United Health is out with Quarterly Results. Bertha coombs is here with more. Everybody is looking at the medical loss ratio from the cyber attack there. The change cyber attack is being looked at or accounted for in two buckets. United Health Revenue coming in at 99. 8 billion. Beating estimates. It is unclear if the adjusted 6. 91 per share is comparable to the consensus number. It includes 25 Cents Per Share impact for business disruption costs from the change cyber attack in february. It excludes the costs of advanced payments and interestfree loans due to the o outage which amounts to 6 b
TikTok vowed Wednesday to challenge a law that could potentially ban the popular social media app in the U.S. “This unconstitutional law is a TikTok ban, and we will challenge it in court,” a spokesperson said in a statement. “We believe the facts and the law are clearly on our side, and we will ultimately…
The American Privacy Rights Act, introduced by key federal lawmakers, aims to grant consumers extensive control over their personal data, setting a potential national standard for data collection, usage, and consumer rights.
The TICKET Act from Sens. Cantwell and Cruz outlines a comprehensive series of requirements for primary and secondary ticketing vendors to disclose fees.