Retail earnings over the next couple of days. Thirdquarter earnings better than estimated at 1. 13. They see their fullyear adjusted earnings raised from what they saw before on the 5. 91. D, looking at. It looks like on first blush, a beat and a raise for the rest. Global exchange for the rest of the year. Time now for global exchange, where we bring you the news from all around the world. Our bloomberg voices are underground with the latest. China and the u. S. Agreed to stay in touch on remaining issues to get to a phase i trade deal after a phone call earlier, in which topic a shooters top negotiators from both sides discussed core concerns. They agreed to maintain communication on the remaining issues for the first phase of negotiations. Enda curran joins me from hong kong. It is a long, convoluted way of saying they are still just talking . Is all about the mood music. It is another day of incremental news that seems to bes adjusting that governments are on track for some kind of
National center for white house history of the White House Historical association . History of the White Houseen Historical Association doctor shogun is a great political phd inst with a american politics from Yale University as well as a bachelors degree in Political Science from Boston College she is almost 15 years of service and the federal government including prominent roles with the u. S. Senate as well as the library of congress she teaches government students at Georgetown University and served as vice chair of the womens Suffrage Centennial commission another feather in her cap and an illustrious resident is that she currently serves as a cochair of the board of directors at the womens suffrage National Monument foundation, designated by the congress to build the first memorial in d. C. Dedicated to the history of the movement for womensge equality. Its a huge deal. [applause] to begin with our panelists we have elaine rice bachmann who is the state archivist of maryland and
Today. This is the day, bill, people will look back on and remember. Disney seized a little bit in the earnings. As you can see there, disney shares down about 9 . Putting the cable bundle front and center after talking about espn. Not just disney. Other big media stocks falling today as netflix is hitting an alltime high. 21st century fox down 7. 5 . Time warner, not the cable piece, twx down 8. 7 . Comcast down 4. 7. And well debate whether its time for investors to get out of disney and into the unbundled media plays. Comcast is our parent company. Approving a new rule from dodd frank that requires Public Companies to essentially reveal the gap between the ceos pay and the rest of the companys employees, corporate americas not happy about it. But the director Heather Corzo says this rule doesnt go far enough. Shell be with us to explain her side of the story coming up in a bit here. Weve got great earnings on tap. Fitbits first report, cbs and fox which will be interesting against w
Power lunch starts right now thank you, michelle your money just keeps pushing higher and higher. The dow and s p hitting new alltime highs tech roaring back as a top performer. Energy lag a bit loyal prices falling today overall, though, a good day for your investments and your money. Straight to bob fisani with more on why theres a monday filled with optimism again. And we are at new highs for several reasons. Lets take a look at the new high s p 500 and the Dow Jones Industrial average new highs because the breadth of the market is widening out last week, tech stocks were losers many losers on the month not anymore. Apple, alphabet, microsoft, facebook when apple is up 2. 5 , thats a huge mover for the s p 500 also, broadening several banks have been moving up in the last couple of weeks even new highs comerica and many of the trust banks like state street, northern mellon. Then industrials a whole swath of the big, big names. Illinois tool works, honeywell, 3m, caterpillar, ingerso
We want to allow the process to occur in a gradual and orderly way. Allowing them to mature, they rolloff. Isnt that orderly . Chair yellen it is. That is why we intend to do it that way. Sen. Corker you have not started yet. It doesnt seem to make chair yellen it is orderly. That is desired. To allow we intend those assets to run off as principal matures. Occurng that process to result in some tightening of financial conditions. Before we turn that process on and start it, we want to make sure we have adequate ability through our normal Interest Rate overnight Interest Rate moves to meet the needs of the economy. Particularly if it were to longnd some, it would be a process if it is running off. We haveto make sure enough scope and the economy is runoff would that not create a problem for the economy. Sen. Corker when you were coming in and interviewing for this post and being affirmed, wind times called for work, you would allow Interest Rates to rise. You are known as being a of, i