Page 5 - Creative Destruction News Today

Marketplace and outside the dynamic to bring that into the market so they can be sold as well and the famous historian wrote about the basic mechanisms of industrial capitalism and the idea was human activity the things that people did every day for that marketplace made it possible for labor to be sold and that wage labor was possible at all the things that became the hallmark of modernity and in a similar way nature was subordinated to the dynamic and reborn as real estate on land. So fast for...

That we have this morning. Well, houston is considering new lockdown confirmed coronavirus cases surge, florida recording cases in single day. Republican Convention Speech will take place in jacksonville. One Harvard Health expert is warning the u. S. Will hit 200,000 deaths in september, he joins us next hour. Check directly to americans. Police reform. President trump calling for Police Departments to meet the most current professional standards of force saying he will afounds announce four st...

250point loss for the dow the Chinese Government makes the rare decision to drop its growth target for the year as primier says they are facing great uncertainty. Into remote will remain for facebook around 50 of the employees will work from home in the coming years but warn those working outside of Silicon Valley may have to take pay cuts. A warm welcome to street signs. Lets get into our top story of the day. Hong kongs government will fully comply with the governments decision. The administra...

Thanks. The dow giving up its early gains. All three of the major averages are lower. Bob has more on these markets. Bob. Were threatening to go positive here late in the day. I want to show you though were down a bit, the sector lee leadership is still intact russell 2000, another good bay banks stronger and retail keeps going up i keep getting asked about this retail rally were seeing. We get these nice moves every day and some of the retailers, the macys, they are still 50 off of are they wer...

Host is so good to see you. Is so good to be here. I love the book is incredibly important the basic question in the first section of the book what is surveillance . What is your definition . Lets start with that. Back up a little bit and give a tiny bit of context has long been understood that in the history of capitalism the key way that capitalism evolves is by taking things that live outside the marketplace and outside the Market Dynamic to bring that into the market and as a state same hist...

Negative after the dows 900point rally boost investor stocks Airline Stocks surge as the uk government signals cross border air bridges could make Summer Holidays a reality weve got european auto sales plunging 76 in april with fiat, chrysler and psa leading declines as the lockdowns cause supply and demand in the car sector a very warm well come everybody to street signs. Lets kick off some fresh commentary tensions really heating up between beijing and washington w. H. O. Is at the center of t...

Euro bailout investors price in the prospect of negative interest rat rates after opening the door to the policy of course we are keeping it to where the access would be a very warm welcome to street signs. Weve got some fresh data coming through. This is flash pmis as a whoeld. The flash manufacturing pmi for may has come in at 39. 5 up from 33. 4 in april in terms of the composite number for the eurozone, that has come in at 30. 5 up from 30. 6 in april the services pmi which has been the hard...

Yesterday. Nasdaq down 2 yesterday dow futures indicated up about 26 points, nasdaq up by 30 and s p up by two. The 10year is yielding 0. 667 andrew we have news out of washington to tell you about democrats unveiling a new 3 trillion spending bill including another round of stimulus checks up to 6,000 per household and extending the weekly Unemployment Benefits that would go through january including 107 trillion to stabilizing rent and mortgages and a cap on state and local tax reductions for ...

Folks theally shows weekend that we go into, it is midmay. I believe the calendar says its may 15. Part of that debate is the tension about june being upon us and even beginning to consider july. What i notice in my friday reading is that there is, including mr. Macron, there is this huge attention about this pandemic forward. Francine it certainly is and how you distribute all the medication. Lets get straight to the bloomberg first word news. Bless you, tom. Good morning, francine, tom. China ...

Suffering a record drop. Earning season is in full swing. Pharmaceutical giant merck topping estimates but cutting its guidance as the coronavirus pushes the rest of its portfolio to the sideline. The ceo ken frazier will join us for an exclusive interview in just a few moments kelly. Looking forward to that. Health care and tech are two of the stock sectors leading stocks lower today. Lets get to bob with a lot more for us just the fact were up three points on the s p is remarkable. This is the...