Yellen, bernanke, volcker and greenspan speaking at an event last night. Hank paulson coming out swinging against actions his former agencies took on former tax inversions. Shares of gas down big after reporting march was a challenging month for the retailer. Well look in on the state of retail. Just days after the Treasury Department announced new rules which had the effect of breaking apparent the giant deal under which pfizer was acquiring allergan, hank paulson was on squawk box and said Companies Need to pay their fair share when it comes to taxes but also criticized the Treasury Department. Were a nation of laws and rules. You cant change the rules you shouldnt be changing the rules after the facts and changing them and changing them and changing them again. That is something that ian reed, the ceo of pfizer said in an oped yesterday and something that brent saunders, the ceo of allergan said on this set a few days back. Theres been across of criticism at treasurys move and seems
Cant really break 40. A little tough. You know. Elon musk is the reason. Among the other top stories, president obama will meet with fed chair janet yellen on the state of america, on global economies and wall street reform and longterm economic outlook. Vice President Biden will also attend. The meeting is closed to the media. The earnings highlights, alcoa after the closing bell. Unofficial start to the earnings season is always alcoa. Jpmorgan reports on wednesday. On thursday, bank of america, blackrock, bank of america and citigroup. Mike thompson will join us in this hour with a look at what to expect for this earnings season is and the equity markets from here. Well also get several big data points on tuesday look for import prices which includes an inflation gauge closely watched by the fed. On wednesday, retail sales, pricing index and the beige book report. And on thursday, march cpi. Joe, hold on to your seat. Yeah, the imf says it supports the move to negative rates. That r