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china s talking tough about trade and sounding as though compromise is possible. beijing warned it plans to retaliate for new u.s. tariffs scheduled to take effect next month. china called the tariffs a violation of the accords reached by president trump and president xi jinping. the chinese government said the leaders have kept communications going and hope there can be resolution based on equality and mutual respect. six european nations are hoping to take the 147 migrants stranded on a spanish humanitarian boat off italy. italy says france, germany, romania, portugal and luxembourg will help. global news 24 hours a day on air and at tictoc on twitter powered by more than 2700 journalists and analysts in over 120 countries. i m mark crumpton. this is bloomberg. shery: i m shery ahn. amanda: i m amanda lang. welcome to bloomberg markets. here are the top stories we are following from around the world. american shoppers boosted spending in july, following fuel for heigh ....
and spending the consumer wants reliability and the consumer will pay for it that s the lesson of the icr, the big consumer conference i spent all day learning from. a day where the dow gained 150 points, s&p climbed 0.13% and prices were higher earlier today. so many retailers are suddenly doing so well from kohl s to children s place to restaurants like darden. remember, they are owned by olive garden and then end up with a winner, of course, it is never that easy i think it s worth focusing on the consumer side. at least for now even as many of the big gains in the market are coming from what we call the capital good, companies that benefit from the global, not domestic but global economic expansion look, i ve been recommending boeing for 240 points. i m not whacking away. in fact i think this $318 stock could easily go to 400 bucks caterpillar will be huge, accounting changes in the new tax code and that s not baked into the stock as much as they try to do so united ....
programs generally. they are supposed the educational programs. they help kids who do not get fat at home so they do better in school. there is no evidence they are actually doing that. actually helping results and doing better at school. when we took your money from you, the way we justified it was these programs would help kids do better at school and to better at jobs. we cannot prove that is happening. we are saying no afterschool programs out there are doing their job. i don t believe we cut all the funding of those things. you were talking about the steelworker in ohio and pennsylvania and so on. those workers may have an elderly mother that depend on the meals on wheels program who .ay have kids you described this as a hard power budget. i think it is probably one of the most compassionate things we .an do you are only focusing on half the equation. you are focusing on recipients of the money and we are trying to focus on recipients and those who give us ....
yes. we re ready. [ inaudible ] thank you very much, everybody. thank you. thank you. mr. president thank you. love it. i really love ireland. i ll be there. absolutely. thank you, press! thank you, press! thank you. all right, a short but sweet pool spray in the oval with prime minister enda kenny. it will be a busy day for the president with regards to ireland. they re going to have an annual friends of ireland lunch around midday, and then to this afternoon, a st. patrick s day celebration, in which the prime minister will present the president with a bowl of shamroc shamrocks. oh, okay. that s a nice tradition. i couldn t make out much except president trump saying i love ireland. and that is the story here, right, a historic bond between these two countries, ancestral ties. they are our 15th biggest trading partner. we have a trade deficit with ireland. we have a lot of irish immigrants, and it s a friendly relationship. there was a little con ....
The month-long strike at the AGO provides a case study regarding the extent to which the capitalist class will go to subordinate the livelihood of workers and all aspects of social life, including culture, to the insatiable needs of the profit system. ....