Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward to on this friday. Tgif i know all the days roll togethe
Cofounder ofhe overlap in the future growth of these markets . s stake in juul, apple, Steve Wozniak. He discusses everything from trade to services, privacy on they paid about 12 million. Facebook. Federal officials charming when it comes to the heat not former uber engineer anthony burn product, it is the levandowski from stealing exclusive distributor in the u. S. Technology from the waymo unit. They are both vapor priority for the noncombustible products. They do target separate niches. Juul tends to be a younger fbi. Adult, some even minors trade secrets, these are the unfortunately. Crown jewels of companies. Taylor joining me to discuss is the other product, because it uses finely ground tobacco as bloombergs eric newcomer. Opposed to flavored nicotine, it what a long saga it has been. Targets an older demographic, which really looks to the a total surprise. They settled this a couple of oldfashioned tobacco, almost like a pipe experience, as years ago. There had been a private
We speak to the cofounder of apple, Steve Wozniak. He discusses everything from trade to services to his strong concerns on privacy on facebook. To our top story federal officials charming former uber engineer Anthony Levandowski with stealing Driverless Technology from the waymo unit. This is one of the most intriguing recent legal battles in Silicon Valley and a top priority for the fbi. Tolerate thell not theft of trade secrets. Let me be clear these are the crown jewels of companies. Taylor joining me to discuss is bloombergs eric newcomer. What a long saga it has been. What have we learned today . Eric this was a total surprise. Uber and google settled this and while ago. There had been a private arbitration. But the idea that there would be criminal charges is something i think people had largely given up on. It has just taken so much time. This is a big deal for Silicon Valley. Taylor talk to me about the difference between the two trials. They settled one, arbitration. But this
I am in for francine lacqua. Lets check in on the markets and get a quick look at what is going on. Yield see an allnew low on the u. S. 30 year bond. The long bond came down to one point 1. 90 . It has bounced back, but still, that paper is weighing on the yield. You can see that across the curve. Brent crude is rising. The nymex wti is as well. It has been a rally for oil as as u. S. Stockpiles came up better than anticipated. And gold, coming off of its highs just a little bit but very little change to the bottom. 1541. 64 as u. S. 10 year yields are negative, making gold more attractive. Now lets get bloomberg first word news in new york. Sees an opportunity to restart bta european union. German and french counterparts. Officials tell as they appeared to relax len which on the need for the irish backstop. Dropping the position language on the need for the irish backstop. These requests are related to Financial Information on donald trump and his family but whose returns are still a
This fund in times of turbulence. We saw them withdrawing as markets calmed. Traders tell me this is usually a cash parking vehicle. Sarah i have been keeping an rates, or theven spread between nomination yields and those on similar maturity. Really all month long, we have seen them moving lower. 10year and 30 year, we have seen them fall the most this month than any other month this year. I spoke with the head of u. S. Ate strategy over a ups ubs. He said they are following along with the story and equities and oil, also saying it is setting a similar message as to the inverted yield curve. Lisa thank you so much. Andl with us, dances of the dan suzuki and luke kawa. I want to pick up on a notable theme. I wonder what your take is, that even though the Federal Reserve is expected to cut rates by 23 more times this year, it seems to be ineffective in getting the yield curve to steepen. What is the message . Dan i think the messages that things are slowing down. Theres a lot being made