Yielding around where it had been. 8 is roughly the mark weve been sitting at. It looks like the 10year is yielding as well i know people are short and anxious. These two days backtoback are we putting in a bottom these numbers in new york look promising like the numbers may not be going up as rapidly as imagined well see. We have a lot of big guests to talk about that. We want to get everybody up to date about what happened last night. The Senate Passing that stimulus bill it now goes to the senate. Steve liesman will cover the potential impact on the economy. First, well go to washington, d. C. Where eamon javers is this morning. I cant think of another major vote that was this unanimous, 960. It would have been even more if it hadnt been for the fact that so many members of congress are back home or suffering themselves from this virus we could of seen a 1000 vote yesterday. Buts that where it handed. What is in the bill . Just about something for everybody in the economy lets whip
Slightly lower. Now we have seen something of a turnaround. Here are some large stocks like apple that have been rising. We continue to watch the developing story of whether at t will be successful in its 85 billion acquisition of time warner. The company is ramping up preparations to fight the Justice Department in court if the agency sues to block the deal. This is according to people familiar with the matter. At t said to be unwilling to part with some of the Networks Like the nn, hbo, and wb studio. The chief Financial Officer john stevens said the timing of the deal, which was originally expected to close at the end of the year, is now uncertain. That is what triggered the selloff and time warner. Down nearly 5 . At t little changed. As a result of the elections across the country, we are watching the drug makers today. Voters in ohio defeated a Ballot Initiative to cap drug prices paid by the state at the same discounted level paid by the u. S. Department of veterans affairs. Thi
Cost at 1. 7s the trillion over 10 years. The study is based on last ands version of the bill amendment added 160 billion to the cost. In an exclusive conversation, Steve Mnuchin discussed his support for tax cuts. Our strong preference is that the Corporate Tax rate starts next year. We look forward to working with the senate as the details come out. Federal judge has issued a gag order in the Paul Manafort case. The judge has part all parties from making statements to the press or public that might influence a jury. Thanl news powered by more 100 to journalists and analysts in 120 countries. This is bloomberg. 30live from new york, we are minutes from the close of trading here in the united states. After theixed even surge in tech stocks earlier. The question is, what did you miss . The china in washington, the spotlight is on the senate. Republican senators expected to reveal their bill tomorrow. Machinecas drilling keeps on rolling. Production rising over the next few years within
In brussels today. Manus talk strategy with the of adidas and xina xinas. Anna a warm welcome, this is bloomberg daybreak europe. From here in the city of london, im anna edwards. Manus the promise you a fees from germany in terms of how they are performing. Numbers coming through targeting 2018 for 70, excluding charges. Theyre proposing to raise their euros to the. 10 expectation which had been 380. Estimate of 2. 40 5 billion that we had penciled in a head of these numbers. That looks to be a little bit the industrial business profits. Missing estimates on power and gas slumping. Looking for any clues to how the power and gas division is doing. We heard about the wind power division, weve been reporting about how other jobs are going to go in germany or predominantly in germany around other parts of the business but siemens missing estimates on power and asked. We will speak about those matters and the ipo to help business to the ceo who will at 6 30 london time. Manus commerzbank a
The future for the banking world and the political escape. The exclusive conversation at 9 30 a. M. London time. In the meantime, lets check on your markets. This is what i am seeing. A lot of the talk will be on burberry after the company put out an announcement that maybe was interpreted in the markets. They didnt see anything worth buying the stock. It is down here in europe. The european stocks taking their cue from quite a volatile session in asian markets. The dollar flat. Treasuries flat as trump challenges china over unfair trade practices. Ere is nejra cehic nejra in the u. S. , republicans on the house ways and Means Committee ames to aims to release their tax reform bill later today. Speaking exclusively to bloomberg, Steve Mnuchin stressed how crucial getting tax reform through is to the white house. This is the president s most important domestic agenda item. We are going to get this passed. The objective is to get it to the president s desk in december. Nejra the uks gove