Chevron missed earnings estimates. Earnings are overshadowed by two major mega deals. We will speak to the exxon ceo darren woods. Earnings shake it off or aint going to be all right. Big week for earnings, big week for telus riffles i am alix steel with my cohost big week for taylor swift. I am alix steel with my cohost, guy johnson. This is the last date we will be in proximity, we will miss you. Im not sure what my takeaways yet. Guy my take away from the european earnings story is they stink. Alix that is supposed to be factored in the price. Guy what they really stink. Todays data fits the narrative in the consumer continues to spend. That is the line between that data and taylor swift. The taylor swift, beyonce, b arbie story has been phenomenal. I wonder if we are running out of steam on that. Spending is a big factor. Fantastic story on the terminal which speaks to this narrative as well, buy boomers, sell millennials. Boomers have loads of money and they are spending. Millenni
Fluctuating between small gains and losses. Investors uncertain about what is next. So much to deal with whether it is geopolitical tension, hurricanes or d. C. A bit edgy on the week. The three major averages are on. Ace, but weekly losses pa bigger moves are happening when we go across Asset Classes. The 10 year yield down six basis points. Haven bonds are rallying. Pretty extraordinary. Two months ago, we had the 10 year yield at 2. 4 , now closer to 2 . Tripping what we have seen out of the election when rates initially backed up, shot higher, now returning. The bloomberg dollar index down six days in a row. The lowest level since 2015, down about 10 on the year. The dollar index on pace for its worst year since 2003. All of this replacing the somewhat obvious dovish commentary from mario draghi, dragging the dollar. Both of these Asset Classes dragging on the banks. Look at the regional banks, down 3 come on pace for the worst day since may. This is a concern to some strategists o
Motivations. He still thinks it is a bad idea to increase the debt ceiling on a shortterm, threemonth basis. Republicans were pushing for the thing the ceiling for 18 months. Pope francis is urging colombians to come together to heal the divisions caused by five decades of armed conflict. Speaking in bogota during his address to president Juan Manuel Santos today, the pope urged the country to enact just laws to address the inequality that sparked the rebellion. Fiveday visit to colombia is aimed at solidifying last years police a peace accord between the government and leftist rebels that has bitterly divided the nation the you. Addressof opioids may the drop of 20 of men from the labor force, according to a study by princeton economist alan krueger. It links prescription peoplelers and lo primeh working. Global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. From the taylor live from abigail live fro
The Senate Passed the aid bill for Hurricane Harvey, the 15. 3 billion is nearly twice as much as President Trump requested, including raising the debt ceiling for three months under a deal democrats made with the president. Three people familiar with the matter say the white house is considering at least six candidates on the growing list of nominees to succeed fed chair janet yellen after the wall street journal reported wednesday that President Trump is unlikely to choose his top economic adviser, gary cohn. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. Bloomberg technology is next. Emily i am emily chang and this is Bloomberg Technology. Coming up, amazons next big move. The house that bezos built wants to set set up another h. Q. And a project big enough to house 60,000 employees and each u. S. City has until the end of october to put in a bid. Plus, gopro refreshes its outlook. And product line. The c.
Specifically one Million Dollars buildings and when it comes to to support local planning the transportation and when it throughout our service area to help Community Better understand comes to the electricity plan four and respond to climate generation weve seen the change risks some stisz have minister show up how hi country sophisticated plans underway increases cars and from the others are getting starred or mayor how successful in emerging face problems those grants we countries and how successful and can learn from and with a focus seen from the ceo they agree and on disadvantaged areas where the visit us and still make money if resources are lacking we see those 3 can do we can all do as this as ass our commitment in support of communities we serve well thank you very much and thank you now for me that mission has then clapping. thank you very much. E taken on a personal resilience thank you. In the last 6 months i made two thank you. Thank you, sir and thank you panel it is ver