That is not going to take place because of the slowdown in china and what that could mean for the economy. Also lets look at european equities at this early hour. You will see now things are in the green. Dax up about. 2 . The ftsi about. 3 . And opec ministers meeting. A live report in a bit. And todays squawk planet. Waiting to hear from the ecb. Decision due at 7 45. Followed by a draghi News Conference about 45 minutes later. The central bank expected to keep rates on hold but perhaps raise inflation forecasts. Two notes. Adp private payrolls due this morning. The private sector forecasts have added 170,000 jobs in maybe. Adp not always a reliable indicator for the jobs number but last month correctly fore shadowed. And a pair of central bankers to watch. Fed governor jay powell and rob caplan both speaking. In Corporate News uber in the biggest 3. 5 billion. That is just the total in saudi arabia. The total i think 5 billion. Ride sharing most recent funding gives uber a valuation
He, in turn, is attacking hillary. The vermont senator is within two points of Hillary Clinton just fife days before the golden states primary. All this as donald trump reacts to hillarys jabs and takes a few of his own at president obama who joined the debate yesterday. California democratic congressman John Garamendi is a member of the Armed Services committee. He will assess the strengths and weaknesses of what Hillary Clinton puts out as her policy pitch. General bob scales on what both candidates are missing when it comes to the biggest threat this nation faces. Plus, in the last two hours, another scare in the air. Bomb threats, long tsa lines and on top of that, the airlines, as you know, have pulled out of venezuela. Kenny dick to have has a problem, hes the founder and ceo of wheels up. Hes with us exclusively, and he has created a private jet travel company. Easier for the masses, beyond the 1 . On wall street, the bears had it this morning, but now the bulls are running the
High Interest Rates. Sometimes, believe it or not, topping a 300 annual rate. The goal, it says, is to protect consumers from risky financial products. The industry is bigger than many think. Its market size, 39 billion in revenues. According to pew research, about 12 million americans use payday loans every year. There are some 20,000 payday lending outlets nationwide. Even though the practice is banned in 14 states. Thats more than the number of mcdonalds, which is seemingly everywhere, with 14,000 restaurants in the u. S. Heres eamon javers with a look at the proposed rules. Reporter in kansas city, missouri, today the Consumer Financial Protection Bureau announced proposed new rules designed to keep people from getting trapped in a spiral of debt from unpaid payday loans. The bureaus director said the move was designed to protect oftenvulnerable borrowers from what can be painfully high Interest Rates. The very economics of the payday lending Business Model depend on a substantial
Sometimes, believe it or not, topping a 300 annual rate. The goal, it says, is to protect consumers from risky financial products. The industry is bigger than many think. Its market size, 39 billion in revenues. According to pew research, about 12 million americans use payday loans every year. There are some 20,000 payday lending outlets nationwide. Even though the practice is banned in 14 states. Thats more than the number of mcdonalds, which is seemingly everywhere, with 14,000 restaurants in the u. S. Heres eamon javers with a look at the proposed rules. Reporter in kansas city, missouri, today the Consumer Financial Protection Bureau announced proposed new rules designed to keep people from getting trapped in a spiral of debt from unpaid payday loans. The bureaus director said the move was designed to protect oftenvulnerable borrowers from what can be painfully high Interest Rates. The very economics of the payday lending Business Model depend on a substantial number of their custo
High Interest Rates. Sometimes, believe it or not, topping a 300 annual rate. The goal, it says, is to protect consumers from risky financial products. The industry is bigger than many think. Its market size, 39 billion in revenues. According to pew research, about 12 million americans use payday loans every year. There are some 20,000 payday lending outlets nationwide. Even though the practice is banned in 14 states. Thats more than the number of mcdonalds, which is seemingly everywhere, with 14,000 restaurants in the u. S. Heres eamon javers with a look at the proposed rules. Reporter in kansas city, missouri, today the Consumer Financial Protection Bureau announced proposed new rules designed to keep people from getting trapped in a spiral of debt from unpaid payday loans. The bureaus director said the move was designed to protect oftenvulnerable borrowers from what can be painfully high Interest Rates. The very economics of the payday lending Business Model depend on a substantial