Lofty goals to combat climate change. We will have details. Based cloudyork software company, data dog sees a pop in shares after the company goes public. We will hear from the ceo. Way launching its first highend smart phone since the Trump Administrations blacklisting. On thursday, the Telecom Giant announced its profounds. They pack a punch, including 5g capabilities, but all eyes are on that software and those huawei phones are running a free and open source version of googles android operating system because the u. S. Blacklist prohibits them from getting the official version from google. That means no Google Play App store to get programs like google maps. To tell us more, bloombergs Consumer Tech reporter, mark gurman. Talk to me about 5g. Huge deal . To be a is going massive deal at the end of next year in the u. S. Around the time the next iphone is going to have it. Right now, youre seeing more and more 5g Networks Coming online a little in the u. S. But mostly in europe and
Life on 9 11. Rick earned the silver star and the purple heart for his service in vietnam. He later became the Vice President for security at Morgan Stanley in the World Trade Center. On the day of the attack, rick died while leading countless others to safety. His selfless actions saved approximately 2700 lives. Today i am honored to announce that we will soon be awarding rick the president ial Service Medal for his extreme area sacrifice. Though for his extraordinary sacrifice. Though rick has left this earth, we will ensure the memory of his deeds will never, ever be forgotten. His memory will forever indoor. Will forever endure. Thank you. Thank you, rick. [applause] pres. Trump thank you, rick. Here on the western side of the pentagon, we saw brave men and women rush into the fire and race into the scorching flames to rescue their colleagues. When people seeks to do us harm when people seeks to do us when evil seeks to do us harm, the incredible men of the the incredible men and w
Supply. Question is how quickly they could get full capacity back. We are hearing from people they are seeing less optimistic, this could take weeks if not months. The second biggest question i feel is important for your show, this is a country that has the thirdbiggest military budget. It has a u. S. Built missileDefense System. Happenedow this attack and was able to infiltrate Saudi Security measures. Is how otheron producers might react. They are not in any big rush to up production. The saudis have reserved not just in the kingdom and japan. We are talking about the fact that this narrative, saudi arabia, and its partners need to cut the defendant prices. The market has been so focused on the trade war and china. Are going toy comply. When you have a situation like this you can expect these countries not to comply with air out but. That remains to be seen. There have been no calls for any sort of emergency meeting. Opec is in dialogue with the saudis and they are going to be monito
Slowing economy. Still well above what you would expect at this late cycle. Fears about a u. S. Recession are not showing in this report. Very hard to get a recession in the next 12 months. You have got higher wages, hours trending up. The labor market is holding in. We were worried about manufacturing hours worked and we saw the numbers are hanging fine. The jury is out in the manufacturing sector. Uncertainty is on so many fronts. Maybe there are some budding signs of some weakness in the employment sector at the fringes. The question is where the uncertainty goes from here. Jonathan joining me around the table, my guests. The payrolls report does nothing to change what you thought regardless of what you thought going into the payrolls report, not a game changer, is it . Subadra is basically confirming status quote for the fed. They are on track to cut 25 basis points at the september meeting. The real question for me this morning, if it turns out to be weak after the manufacturing d
At the 10 year yield first. It continues to climb. 1. 87 . A lot of selling and bonds globally again today. We heard Bruce Bittles earlier saying 1. 90 , maybe 2 is where we are headed. We will speak with Marilyn Watson in a moment about global fixed income. The s p 500 continues to grind higher. All week it has been either flat or higher on the session. The best performer is freeport mike moran is freeport up nearly 5 . Wo bign has moved t figures this week as well. It is above 108. 04. Guy a lot going on in markets. Equities trading backup towards record high. Globally, shares doing well. I thing this is the third week of gains we are heading for. Trade fears may be easing a little bit. We also had the central bank story in there as well. The real story over the last three or four weeks has been this kind of real backup and yields. Bidst, massive bid, a fear attached to the global bond market. Since then, we started to go in the opposite direction. Marilyn watson, blackrock head of g