Prices and lack of demand. Oil is up about 2 amid more tensions with iran. That countrys foreign minister is threatening allout war in the event of a u. S. Or saudi military strike. Meanwhile, facebook chief Mark Zuckerberg heading to capitol hill today, trying to promote his vision for moderate internet regulation, as antitrust investigations are heating up. Plus, we have news on a possible isis connection to that mechanic who tried to sabotage an American Airlines plane. And Major Tv Networks are saying no to advertising ecigarettes. Varney company starts right now. David first to washington, d. C. , where midlevel china trade talks are kicking off today and they seem to be having a positive effect on the markets. The Dow Jones Industrial went from negative to positive on the news. Edward lawrence joining us live from the white house right now. Hi, edward. Whats going on . Reporter yeah, literally right now, the talks with the chinese delegation have started. The delegation has walke
Planned parenthood clinics are charging new fees and tapping financial reserves and intensifying fundraising. The organization is warning of more unintended pregnancies and sexual transmitted diseases after it was removed from a 260 million federal familyplanning program. Planned parenthood and several other providers quit the program rather than comply with a numeral prohibiting clinics from referring women new rule riveting clinics from her for women for abortions. Global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. York,ne 2 00 p. M. In new 7 00 p. M. In london. Live from bloomberg World Headquarters, and caroline hyde. Romaine im Romaine Bostick come in for scarlet fu. This is Bloomberg Markets the close. Caroline officials cast doubt on further rate cuts. Apple revamp. We are weeks away from a wave of updated products. Bloomberg has the scoop on what the c
J. P. Morgan chase is expanding its use of Artificial Intelligence. They are planning to invest in Machine Learning hedge funds. Climbing in are after hours trading. A new record for quarterly deliveries. Tesla handed over about 95,000 vehicles to customers in the second quarter, beating the average analyst estimate of 88,000 units. Accelerateddue to shipments to europe and china, and u. S. Consumers rushing to buy sedans. Ceo elon musk had told employees in an internal memo last week that the company was close to setting an alltime record, urging them to go all out in the last few days of june. Joining me to discuss is bloombergs max chafkin in san francisco. Trudell. Aig from my perspective, it seems like across the board. Are we finally in the all clear . Max on the model three side, this quarter was a blowout quarter and i think exceeds everyones expectations. He sort of had this up and down quarter where we had a trough of everyone getting concerned about demand for the model thre
Comes to the opec meeting on thursday. Spread coming in at 57 basis points. And bitcoin. Is it going to be 10,000 today . Time for the morning brief. At 8 00 this morning eastern steven mnuchin, William Dudley on the hill of the sec will all be speaking in new york at a conference on the structure of the u. S. Treasury market. At 10 00 all eyes will be on capitol hill as Senate Begins confirmation hearings for Jerome Powell. And President Trump continues to campaign for a tax overhaul. He will be going back to the white house for a meeting with congressional leadership on how to avoid a government shutdown. Thats all coming up today. The big story into ec is Federal Reserve nominee for the chair, Jerome Powell. The gap appears to be narrowing between short and longterm Interest Rate raising concerns on the future of the u. S. Economy. Joining us now is drew matus, metlife and that achievement metlife management chief market manager. Are we expecting to see anything different from the c
Will we see a vote tomorrow . A live update from capitol hill. One of the biggest match ups in boxing this year. Head lines are coming from outside the ring. Boxing legend oscar de la hoya take be jabs at President Trump in new tv ad. David he has a left hook we worry about. As we await the big earnings, take a look at the dow, barely in the green as chevron, exxon, merck. Apple reporting disappointing iphone sales yesterday. The dow had been in the red all morning. That changed at about 2 00 p. M. When the Federal Reserve announced it would hold off a rate hike until the economy really started to grow more. Financials climbing though as investors do seem to be betting on the slow growth being shortlived. Melissa. Melissa breaking earnings. Facebook set to release First Quarter results any minute. Investors keeping a close eye on user growth and video ads as the tech giant tries to curb recent scrutiny on handling of live video content on live screen. We shanna glenzer, make offices ch