Stay updated with breaking news from Peter orzag. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Its leader. Once again, oil holding near a 5 1 2year low. Theyre recovering today after yesterdays sliding. Theyre still trading for less than 62 a barrel. Meantime, the drop in oil prices killing bonds. Bonds issued by the staterun industry have now fallen to 55 cents on the dollar. The yield is up to almost 50 , brendan. In washington, the house is set to pass a spending bill today that would avert a Government Shutdown. Yes. Lawmakers also plan to approve a twoday stop gap bill that would give them until saturday to vote on the bill. Heres house speaker, john boehner. This a marv just job. I wish it was done last week, but it wasnt, and so here we are. Im proud of the work that theyve done, look forward to it passing with bipartisan majority in the house and in the coming days. John boehner tanned, rested and ready. Many democrats are not happy with one provision of the bill that would roll back rules aimed at protecting t ....
Pacific. It was in 1982 that judge Harold Greene issued a decision which led to the breakup of the at t corp. That is our topic this week on the communicators, the impact of that decision 30 years later on the telecommunications. Joining us is professor roger noll of stanford, as well as professor Jerry Hausman of mit, both of whom were involved at various levels in the breakup or the decision to break up at t. Joining us in the washington studio is paul. Professor noll, first of all, what with your activity during the breakup of at t and what led to that decision . The antitrust case was formed during the Johnson Administration the late 1960s and a president ial task force called the Telecommunications Policy task force. It concluded the telecommun ....
Good morning, everybody. Welcome to the pulse live from bloombergs European Headquarters in london. Im guy johnson. Francine is off today. She is in italy. She will be back tomorrow. The markets are surging. We have seen a positive reaction in stocks to the news out of the Federal Reserve last night. We are up nicely across the board. Some markets up well over 1. 5 . London up nearly 1 . Gold has been under pressure. That has certainly been the story of the morning. Lets show you what is going on some of the other asset classes. Gold at 1205. Well deal with the Foreign Exchange markets later on. The yen certainly fascinating. Lets get details of what we lernt last night. Seems like we could be in for a positive taper, a dovish taper, a bullish taper. Hans nichols joins us. He spent years in washington covering ....