Is job creation and the middle class and the highest earners might not get much out of this. The wealthy americans are not my priority. My priority are people in the middle class. Thats where we are giving the big tax reduction. We are paying the highest tax rate in the world. We want to bring that to 15 , that would make us competitive with china and other countries. My priority is bringing Companies Back and bringing money back into the country. Maria apple had their highly anticipated Product Launch this week including an iphone 10 which features facial recognition. All the phones will have huge camera upgrades and Wireless Charging capabilities. The iphone 10 ships in november. It was another week of records on wall street all posting fresh highs. President trump toured florida to assess the damage caused by hurricane irma. The storm left thousands of people without power and water. Glenn youngkin is chief operating officer and president of the carlisle group. We are happy you are
Right now on the russia controversy. Well go there live in a few moments. Major banks out with earnings. Jpmorgan with a quarterly beat stronger loan demand offset a decline in trading revenues. Citis results also above consensus, helped in part by lower costs and better than expected trading revenue they both mentioned brexit a year ago, jim. Really helped trading and yearonyear comp is tough joe asked me earlier which is better and i went with citi no slight to jpmorgan, their quarter was excellent, too theres fantastic growth how about this statistic you know that jamie dimon bought back 4. 5 billion worth of stock, even though the stock is up at 97, scitigroup had every line item better than expected citi gave what was considered an analyst day. And i sat down with mike korbat, the ceo on analyst day, skpeman everyone told me, pie in the sky, he exceeded everything that he said. It is a best in show situation theyre buying back 60 billion worth of stock walmart buys back 20 million
The new president takes power in seoul, korea. Right, we saw another record when it came to the nasdaq, weakness for the dow, and the s p we have this whole story about the index, some say it is a view on options. Lows, but to 24 year if you look at u. S. Policy uncertainty chart, it is in marked contrast. Indeed, we have that disconnect between the two bank. Might have more to say about the options market, traders looking for that rebound as volatility creeps into different asset classes. By the way shinzo looking stretch, so perhaps that will give some room for recovery when it comes to volatility. Perhaps traders not prepared. Rishaad that was quite something this morning, wasnt it . Sophie that was a shocking given what we heard from the fbi. Perhaps some clarity on that front . We are 30 minutes away from the open in china and hong kong. How our markets tracking. Are markets tracking . Haidi the big story is australia, south korea, and the country waits for a new president , turni
Sir roger moore, the debonair star of the james bond movies in the 1970s and 1980s has died. He has been active with the United Nations childrens fund. He was 89. Im Alisa Parenti. Thank you for watching. This is bloomberg. Emily Bloomberg Technology this is Bloomberg Technology. Coming up, the Trump Administration rolls out its budget proposal. We will analyze the potential impact on tech. Plus, uber swerves into yet another bump in the road, this time costing the company millions. Microsofts more powerful fifthgeneration surface pro hits markets next month. We will preview the device and its potential. First, to our lead. U. S. Stocks pushed ahead with small gains for the fourth day in a row despite news of the out of manchester. Abigail, give us the roundup today of what happened in trading. Abigail it was a quiet day for stocks in the u. S. The dow, s p 500, and nasdaq finished fractionally higher and not really much of a reaction to that terror tragedy. This is pretty consistent w
Sir roger moore, the debonair star of the james bond movies in the 1970s and 1980s has died. He has been active with the United Nations childrens fund. He was 89. Im Alisa Parenti. Thank you for watching. This is bloomberg. Emily Bloomberg Technology this is Bloomberg Technology. Coming up, the Trump Administration rolls out its budget proposal. We will analyze the potential impact on tech. Plus, uber swerves into yet another bump in the road, this time costing the company millions. Microsofts more powerful fifthgeneration surface pro hits markets next month. We will preview the device and its potential. First, to our lead. U. S. Stocks pushed ahead with small gains for the fourth day in a row despite news of the out of manchester. Abigail, give us the roundup today of what happened in trading. Abigail it was a quiet day for stocks in the u. S. The dow, s p 500, and nasdaq finished fractionally higher and not really much of a reaction to that terror tragedy. This is pretty consistent w