From our studios in new york city, this is charlie rose. Init is the first monday october and the u. S. Supreme court opened its 20142015 term it declined to rule on the issue of gay marriage. Five states banned samesex marriage. It also announced they would be hearing some other important cases. Joining me from washington is jeffrey toobin. Tell me about the new Supreme Court term on the first monday in october. What we know is what it will not include. Final climactic battle over whether there is a constitutional right to samesex marriage. In a surprise to many people, including me, the Supreme Court today denied or refused to hear five cases where Circuits Court of appeals held that there is a constitutional right to samesex marriage. In fact, the decision today brings to 30 the number of states that will have samesex marriage. What it does not issue a ruling for all 50 states about whether there is a right to samesex marriage. So they are kicking the can down the road a little fart
Omething called the d what does it stand for . Allwheeldrive . We will look at the possibilities. Apple and google are pledging to shield your data from the government and hackers, but will the Encryption Technology prevent snooping . We look at how the government can still get into your phone as a wants to. Germanys rocket internet has made its name cloning american internet businesses from amazon to groupon. But what it could not clone was the success of alibabas recent ipo. Instead, shares are falling on their trading debut after pricing at the top of the range, coming a day after another company backed by rocket founders also fell in its trading debut. What is behind the decline . A Broader Market turn for the worse for concerns about their Business Model . Cory johnson joins me in the studio and the founder of air help and former employee at rocket joins us from new york. What do you make from the reaction of investors today . Maybe there is little concern about their growth in em
We will show you how second site actually works. Ou are watching Market Makers on bloomberg television. I am stephanie ruhle. What are you most excited about . I want to see how these classes work. The blind. Sight to i make fun of google glass i say what am i going to do, but imagine what this company does . We will have a guy that had not seen his wife in 35 years. Until the put these glasses on. Amazing. We have breaking Economic News in the Housing Market. Mia saini is at the news desk with more. We do have breaking news across a terminal. The first, as it pertains to the Philadelphia Business outlook, coming in at 40. 8 versus 20. 7, extremely bullish. Paid, and the Employment Index these are employment figures. Investors care about this report because it gives you a good sense in terms of indication in of tristate area in terms the polls for manufacturing and business reports as well. It is delivered before the end of the month, so it gives you a sense of the usually followed pmi
Congress. Julie hyman. Taking another drop lower. Another drop lower. Another expectation that they will show an uptick and supplies that will show more bad news for oil. The fifth straight day of losses for the s p 500. The longest losing streak in 13 months time. It seems as though good news in terms of the drop of oil has definitely turned to bad as we have seen the ripple effects from the drop in oil. The s p down for. 5 since a last hit a record on september 29. Crude oil still trading below 50 per barrel and extending losses. Whereas before we were just seeing Energy Shares take the brunt of the selling it has really spread to other industries. Interestingly when you look at what stocks are doing today, financials are some of the worst performers. Energy also doing poorly. Any rituals on the list. There seems to be mounting concerns about some of the investments these Financial Companies have made. Energies also on the list. Also we are seeing in small caps it is exacerbated. The
Degree. The real question is, why . Is black friday dead as an entity in the Holiday Shopping season . Well get into that and more. We did all those stories leading up to black friday suggesting that it was losing its cache. In fact, that its goneful left the building just like elvis and hearing from tony hsieh. Now starting to open up brick and Mortar Stores in vegas and a popup store open 24 7. Almost a showroom. Perhaps a glimpse into the future of retail and where hell be coming to us from and a realtime view on zappos sales there and online. We are getting indications cyber monday is strong. Not just zappos but among other online retailers, sales very, very good today. Now about oil. You think its going to be lower because of opec. Speaking of black friday. Its going the other direction today. What a bounce up more than 4 on wti crude. Posting the best oneday gain in two years. Was that the bottom we had over the weekend . One top Oil Executive thinks it may have been and hell be