elections as a new coalition coming together. he was given up as dead politically, and we are looking called 2.0.eing taylor: the one mdb scandal sends a malaysian leader back to court. the opioid crisis hits the bottom line for a top-tier company. a lot of questions remain and no opioid maker is out of the woods. taylor: a longtime federal reserve leader claims the banks should play a political role. this is going to give ammunition to trump. taylor: in san francisco fed daly with mary thoughts on policy for a fed leader. i supported the change to put the economy back in a good position. taylor: it is all straight ahead on bloomberg best. taylor: hello and welcome. i am taylor riggs. this is bloomberg best, your weekly review of the most important news, analysis, and interviews from bloomberg television around the world. let s start with the day by day look at the top headlines. ater last week closed with flurry of tariff threats between the u.s. and china, pre
they were a little lighter than estimates, but still up by about 1.6%. this is on the heels of dollar general, that really crushed it. here s a negative. they might see earnings on the higher end for the full year. they do not see revenue on the higher end for the full year. they see $43.6 billion. they had seen $43.9 billion. that could be a marginal weakness. david: stock is up in the premarket a little less than 1%. you mentioned dollar general, which has a strong showing. alix: blew outcome a really. raised their guidance, they see full-year sales forecasts rising. they did point out there are a large number of sales in their lower margin products, so margins will be an interesting story for them, but i think it always is for the dollar stores. david: absolutely. the beat on earnings-per-share for the second quarter, and comp sales were up 4%. you can see they are up about 6.5% in the premarket. alix: this will add some early optimism in the markets. s&p futures up by a s
taylor: italy avoiding elections as a new coalition coming together. he was given up as dead politically just a week ago, and all of a sudden we are looking at conte 2.0. taylor: the 1mdb scandal sends a former malaysian leader back to court. opioid crisis hits the bottom line for some top-tier companies. a lot of questions remain and no opioid maker is out of the woods. taylor: a longtime federal reserve leader claims the banks should play a political role. this is going to give ammunition to trump. taylor: and san francisco fed president mary daly with exclusive thoughts on policy for a fed leader. ms. daly: i supported the change to put the economy back in a good position. taylor: it is all straight ahead on bloomberg best. hello and welcome. i am taylor riggs. this is bloomberg best, your weekly review of the most important news, analysis, and interviews from bloomberg television around the world. let s start with the day-by-day look at the top headlines. after
performance in the s&p 500 right now. saying ite and fitch weighed heavily on their quarter, down 13%. a little selling in the treasury market today. we will be talking about all that in just a moment. in europe, one of the bigger stories today, italy. prime minister conte has accepted the mandate from the president to come up with a government, sending the ftse mib up to the best performance in europe. it is up in europe as well, potentially on china comments. the italy 10 year yield currently firmly below 1% right now, .96%. the except to the exception nokia is the vonovia. coming up, it is the end of the gso era in credit. we will speak with bennett goodman about his departure from blackstone. china indicating it will not immediately retaliate against the latest round of u.s. tariffs announced by president trump last week. beijing instead, beijing is emphasizing ways to de-escalate the trade war. for more, we are joined by john ryding, rdq economist and founder. joh
is going to do about it read italy, avoiding elections as a new coalition coming together. formeral sends a relation leader back to court. opioid crisis hits the bottom line for a top-tier company. no opioid maker is out of the woods. taylor: a longtime federal reserve leader says banks should lay a political role. in san francisco and an passsive view on policy for a fed leader. i supported the change to put the economy back in a good position. taylor: it is all straight ahead on bloomberg best. taylor: hello and welcome. youris bloomberg best, weekly review of the most important news, analysis, and interviews from bloomberg television around the world. let s start with a look at the top headlines. after last week, 80 flurry of tariff threats between the u.s. and china, president trump delivered positive news in a press conference at the g7 summit. futures have turned positive after president trump said china wants to restart trade talks. china called last nigh