Maria bartiromo earlier today. But before we get to that, lets get to ron cristy, morgan, and gina. Gina be with as somebody who came to fame thanks to the tea party and making it a big deal and reminding these guys, their word matters, their commitment to stimulate the economy, to tax cuts, watching budgets, et cetera, are you disappointed . Are you getting different vibes from donald trump . Not at all. In fact, i hope that he takes away all the loopholes that this who are the super, super wealthy with teams and teams of tax attorneys can help them hide from. Neil you think thats where hes going . Just to take away, like, carried interest, that sort of thing . I think thats exactly what hes going to do and, in fact, in his statement he said something about his major concern is the middle class who has been left out of this equation over and over again. You simplify the tax code, and you make things easier for everybody. But you also take away the loopholes of the super rich. Neil wel
Spending, and auto sales. And then finally on friday, we get that big july nonfarm payrolls report. Economists are looking for about 184,000 jobs to have been added for the month. Meantime, the Unemployment Rate is expected to fall to 7. 5 . But joe, its going to be really interesting watching a lousy gdp number, probably a good jobs number and seeing how the tenyear reacts to each of those numbers. How do we know about the jobs number . Were ready for a bad one. You think it will be good because of the claims numbers . I dont know. I dont know either. Were ready for either. How the bond market reacts to good news bad news potentially. And the feds going to be in focus this week. Yep. Talking about the fed . So sick well, if its not humphrey hawkins, a twoday bernanke thing, now its the fom. I dont remember in my life being so controlled by any every fed decision. Then the minutes release later of what they said. Its constant. And theres such a big part of our life. I think its a sad c
Made in the next few months. And the eus Foreign Policy chief travels to cairo for crisis talks as they crack down on supporters of Mohamed Morsi leaves more than 70 dead. Youre watching Worldwide Exchange, bringing you Business News from around the globe. A very good morning to you. France has announced a 35 billion merger of equals to create the worlds biggest advertising agency. It will trade in both new york and london. Morris levy and omnicom share the role of ceo for the next 30 months after which the publicis will be chairman. Speaking after a press conference in paris, he told cnbc the deal would benefit everyone. There is no one weak partner, and there is no one who has Financial Difficulties or anything of the like. So we believe that this will be a great operation for all our people, our clients and our shareholders. Publicis shares are closed. They wont open until 2 30 london time. Shares have been trading higher on news the two confirms could attract clients from the two m
Welcome to worldwide exchange. Ross is away. Im kelly echs. These are your headlines from around the world. A sharp selloff in europe follows with asia falling lower. Pmi data out of france and germany shows private sector activity slowing more than expected. The Chinese Market is hit the hardest as fears of the crackon and pbocs trading funds show concerns over trading privacy. The Insurance Industry improving and Insurance Agency reed sees a 60 rise in earnings. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the program this morning. Before i bring you these numbers right away, eurozone flash, pmi services estimated coming in well below expectations at 47 versus 49 expected, this all for the month of february. These pmi surveys are one of the earliest reads we get for activity across the eurozone. Many hopes for activity bottoming out in the quarter potentially thrown a bit of a blow given these numbers are quite weaker. The