Insurance work like Car Insurance . Would that solve the problem that debate is on tap as power lunch starts right now. All right, welcome to summer, everybody. The Summer Market as well. Stocks in a narrow range energy, though, the best performer in the s p oil doing something it has not done in a while, rising for a fourth straight day. Financials also doing pretty well the big bank etf, the kre and the kbb both near session highs. Theyre on pace for one of their best shake shack higher, despite a note from Goldman Sachs saying earnings could take a hi because of all the rain weve had in the northeast goldman noting shake shack has heavy exposure up here many locations have outdoor seating. Also, darden rallying on its earnings beat, the restaurant chain raising its Quarterly Dividend 12 tyler. Welcome, everybody. Im Tyler Mathisen and heres what else is happening this hour fed chair janet yellen speaking in london on the state of the economy. Shes expected to take questions. Will sh
Illinois lottery players wont be able to buy tickets after this week because of the state budget impasse. Powerball ticket sales will bes is 9 00 p. M. Tomorrow, maybe millions will be suspended at 9 00 tomorrow. Global news, 24 hours a day, powered by more than 2700 journalists. Im Alisa Parenti. This is bloomberg. Emily im emily chang. This is bloomberg technology. Blue apron lowers expectations and its valuation just hours before its trading debut. We will dig into the reasons behind the sudden reality check. Plus, the attack continues to wreak havoc as its assault on networks across the globe enters a second day. We will do a deep dive on this latest virus. Insight from outer space. On the new age of discovery. Peggy whitson joins bloomberg from the International Space station to break down the new race to orbit new worlds. First, a cyber attack similar to wannacry enters its second day, infecting computers in at least 65 countries, according to microsoft. The attack is being carri
Illinois lottery players wont be able to buy tickets after this week because of the state budget impasse. Powerball ticket sales will bes is 9 00 p. M. Tomorrow, maybe millions will be suspended at 9 00 tomorrow. Global news, 24 hours a day, powered by more than 2700 journalists. Im Alisa Parenti. This is bloomberg. Emily im emily chang. This is bloomberg technology. Blue apron lowers expectations and its valuation just hours before its trading debut. We will dig into the reasons behind the sudden reality check. Plus, the attack continues to wreak havoc as its assault on networks across the globe enters a second day. We will do a deep dive on this latest virus. Insight from outer space. On the new age of discovery. Peggy whitson joins bloomberg from the International Space station to break down the new race to orbit new worlds. First, a cyber attack similar to wannacry enters its second day, infecting computers in at least 65 countries, according to microsoft. The attack is being carri
Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange on cnbc. Im sara eisen im dominic chu in for wilfred frost. Welcome good to be here. He made it through his bike ride he did. The pictures are on instagram. Congratulations. Success it looked really hard. It did. You have to be in shape to get through Something Like that. He trained a lot. Hard core training of new jersey there you go. He made it to monaco. Lets check in on the global markets. U. S. Equity futures starting off after a holiday closed day yesterday and a half day of trading on monday. Dow futures up about 15 points s p futures down and nasdaq futures are under some selling pressure this morning, down 21 tech underperforming even though we got a big rally on monday during that half day of trading. Well talk about that in a moment tenyear treasury note yield, higher higher yields last week. Higher yields on monday. Thats the dominated theme theyre going higher again this morning. Watch this car
We have a great show to kick off a big week for the markets. We will discuss what 2017 holds for u. S. Monetary policy. As italy lines up another new premier, in turkey comes to terms with the bombing istanbul, we will focus on the market and Political Risk in europe. As crude oil surges, we also speak live to the Nigerian Petroleum minister on surveillance at 9 40 u. K. Time. Lets check on the markets. This is a picture for oil, gaining 5. 1 at 54. It surged the highest in 17 months as efforts to cut production sent the 10year treasury yield above 2. 5 . Chinese equities tumbling. European shares holding to what we saw last week, pretty much flat. Lets get to the bloomberg first word news. Heres nejra cehic. Nejra president elect donald trump says hes close to naming his secretary of state, dropping hints it could be exxon mobils ceo. A person close to the transition on hasnt beenrs formally offered the job yet but is likely to be the pick. Italys prize minister designate has been hol