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Declines. And the fed has two new nominees including judy shelton who has called on the federal bank to cut rates as soon as possible just to bring you some final composite pmi numbers for june across the eurozone, theyre in at 52. 2 against a flash number of 52. 1. Slightly higher than the may number, 51. 8 that flash pointed to a strong expansion in the private sector of the previous six months weve seen that upward trend as services hit a high. Back in may, they were 52. 9 and 53. 4 in the flash for june they have come in slightly higher than the flash. The june final services new export businesses pmi at 59. 4, higher than the flash of 48. 9, not significantly better than the may final. Nearly back up to another 50 mark the the euro dollar is slightly weaker on that news we can see if you look at the european markets generally, you see a relatively positive day. Trading more then a half percent higher now if you look at the individual markets, you can see where that is coming from ....
Its of expansion also says the Unemployment Rate is down to 4. 1 , down for two straight months the holding at a 17year low. What is the reason for some of these positive figures . Guest we have been in a long stretch of economic expansion to we have been growing fairly consistently in this country since the middle of 2009, so we are starting to see that they all for more and more americans. Businesses are seeing demands for their products and services, and they need workers to meet those demands. Are there any surprises in this report so far . Is the economy over performing . Guest i think it is performing pretty close to its peak capacity, which is what a lot of people are reporting. The other is the wages figure. We are not seeing the pickup in wages that we have seen when the Unemployment Rate has been near 4 . Host what does this say about the outlook . Ahe can we ....
Geled the director of the center for pharmaceutical policy and prescribing at the university of pittsburgh and also an associate professor of medicine and Health Policy and here to help walk us through the impact of the proposed merger between c. V. S. And aetna. Thank you so much for joining us today. A pleasure. Ood morning. Host good morning. Cvs changed its name three years ago some say to reposition itself as a Health Company rather than just a drug store. Of about the significance a major drug store chain merging with a Health Care Insurance provider. Guest yeah. It is almost like this transition has been happening for decades. Cvs started in the 1960s as a single store and has been expanding its footprint since that time. The Minute Clinics opened about ....
As a Health Care Company rather than a drugstore. Talk about that. Talk about the significance of a major drugstore chain merging with a Health Care Insurance provider. Dr. Gellad it is a must like this transition has been happening for decades. Cvs started in the 1960s as a single store. Kind of been expanding its footprint since that time. The Minute Clinics a decade ago, and then a joint with a pharmacy benefits manager to do other things and then it added some longterm care services, and some infusion services. It changed its name and got rid of tobacco. It really has been the evolution of the pharmacy. You set it. This is what makes it so unique atthat this happening pharmacy which is probably the first time this has happened in terms of integrating pharmacy more into the structure of health care. Host ta ....
The small and beautiful town of jackson hole, wyoming. This afternoon, the minutes of the Federal Reserves last meeting were released in washington showing that some officials think the economy is Getting Better quicker, so much so that the central bank will need to hike rates sooner than planned. The initial reaction in the stock market was one of concern, and stocks shed some of the gains for a short time before they resumed their august asent. In the meantime, a cnbc survey shows wall street thinks the next round of Interest Rate hikes, wherever they begin will be so gradual and so prolonged they wont end until the next president is in the oval office for nearly a year. Steve liesman is in jackson hole where Federal Reserve chair janet yellen will speak on frida ....