Pretty much at the highs of the day. We will be following the instant reaction in the markets to what the fed chair has to say about the path of Interest Rates. Steve, thats where we begin. Does the fed chair come out and definitively kill june . I dont think so. They never definitively kill anything or definitively green light anything. But common sense would say that they are going to wait until they see at least another months numbers because that number was so bad, they cant go at this point. So look, theres good news, bad news. The good news is that they will wait. The bad news is if its a real number, and we see that trend continue, it means the economy is falling back and thats really bad news. Pete, what does the trader want to hear today . Well, they want to get a little more clarity. All weve got is this job, job, hey we will probably do this, the economy looks so great its now also last week, on friday, everything changed. All of a sudden we start seeing these numbers that a
Businesses. Jason joins us from princeton. What can you tell us about the deal . Jason firstly, the name is fascinating. The name is downdupont. That is the sign of the temporary nature of it. Is dowdupont. That is the sign of the temporary nature of it. There is very little that the market did not expect versus what was originally murmured what was originally rumored. It is going to break into three bundles, in a very tax efficient way, the way folks had thought. The synergies look like we have been told as well. There is 3 billion, another billion dollars of operational cost savings they are pointing to. Timing will be the key question. This all needs to get done relatively quickly or it will start to fall apart in peoples minds. Stephanie according to the news breaking, we will see a 10 jobs cut. Put that into perspective. Jason that will be in the thousands. We have not run through it from an Employee Point of view. We hope that the benefit comes from the synergies. The focus is a
Tricks to get new business overseas. Stephanie ruhle has highlights from her exclusive interview with hedge fund heavyweight title kyle bass. D. C. As goldman is in healthcare. Gov sees a surge in users. Signed a deal with china mobile to offer iphones on its vast network. We are joined with more perspective on what this possible deal that has not been announced yet would mean. Tom, reports are rampant that they are just about to sign this deal. On the apple side, how big a boost is apple going to see if they did sign a deal with china mobile. Yes, good morning, betty. A way i look at china mobile for apple, this is been a long, speculated catalyst, and the question was when, not if. Withu look at china mobile 7 million subscribers, this could be a very big deal for apple, especially if it means they could be selling the devices as early as this month. Figures thatcting could meaningfully be improved. This is a Long Time Coming for china mobile. They have been losing out because they h
The Heritage Foundation’s Oversight Project is suing the Biden administration for documents about the Department of Homeland Security’s (DHS) contract with a data mining company.