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The opioid epidemic. The Justice Department announced the settlement today. Purdue has proposed a separate 10 billion settlement to resolve state and local claims. Onbal news, 24 hours a day, air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton, this is bloomberg. Vonnie welcome to bloomberg markets. Exclusive interview with former Federal Reserve chairman Alan Greenspan, his thoughts on the state of the was economy and the stimulus logjam. Markets are now lower and bouncing around on speculation whether lawmakers will finalize a stimulus deal. After thea announces bell today, all but guarantee to report a fifth consecutive profit. Markets,heck of the the major indices are down at this point ....
Well be in the mid 80s in antioch. 92 in downtown san jose. Well look at all our microclimates coming up. We have an offramp closure happening. Thats right. Chp says they may have to close this because of a crash. Theyre heading out there. Expect this to be the case. As we get to the bay bridge, no problems. Up here in walnut creek, southbound 680 past the 24 interchange. The south main offramp may be closed as they move one of the vehicles involved. It sounds like a relatively minor crash. Thats the situation in development as chm is getting on scene there. A crash south 680 as well as 101 at third. Ill check the surface streets for now. Right back to you. 4 31 right now. California students are seeing big changes as they start the school year. Not talking about facilities or curriculum. Were talking about the student id. Kris sanchez live in san jose with the Important Message going out. How is this being received, kris . Rep ....
Hitting issues that matter to the markets and your money and were always trying to make you money here on cnbc. That goes for the next generation of investors as well. Thats why we will reveal the highest paying College Majors on this wednesday july 31st as Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Welcome to Worldwide Exchange. Im Brian Sullivan we are calling this the stock of the day. It is apple. Results quieting the critics apple stock right now up nearly 4. 5 the headline is this, yes. Iphone sales are slowing but one other part of the business is beginning to shine. What that is and more on apple and the big move in a moment happy fed day. In nine hours t ....
The fed releasing the monetary report to Congress Ahead of testimony next week. We go to cayla toushy. In the blue print, the new chair sticks to the script touting data base decisions, a strong labor market, and inflation that is moving toward that ever important 2 target. It should be noted that in this report the majority of fed members said they saw inflation at that target by 2019 and stabilizing at that target over the next few years. They did say that theyre monitoring the effect of online retailers and international effects on that inflation level over time. For unemployment, the fed report said that hourly wage growth has been moderate but the labor market is near or a little beyond full employment at this point. For 2018 and 2019, the median estimate is 3. 9 ticking up to 4. 0 in 2020 as for the markets, the fed report pointed out that notwithstanding recent weeks, that is the mention to volatility that weve seen in the ....