Page 7 - Impact Higher News Today

We not only had a strong report but we had a revision higher for the prior number. Dont write off the economy just yet. It has a lot of fundamental strength. The u. S. Economy is resilient. They are a lot stronger than people think. The fed is in a good spot with where the data is. I dont think the fed does anything differently other than a pat on the back. A pat on the back for chair powell. This is a pictureperfect soft landing is what they are track for. Jonathan here in new york is bob miche...

The social network is moderated. And this is how your european markets are performing at the start of their trading day. Quite a mixed picture as we await that update from the fed. We will be diving into these numbers and more later in the programme. And well be getting the inside track on a business thats really been enjoying the sweet smell of success. The boss of fragrance firm floral street joins us. Experts say high tempo tunes cause motorists to drive faster and more erratically. Even dang...

By president bush. Have a listen. Always prepared, never haas been a country more prepared. I spent, i spent 1 1 2 trillion dollars. Were spending another 738 billion now. I spent 1 1 2 trillion dollars rebuilding our military. Obviously china is a threat to the world in a sense because theyre building a military faster than anybody. And frankly theyre using u. S. Money. Neil all right. So the president linking these two developments. Keeping an eye on both, iran and china, two very Different Ca...

The joint costs of raising a child. The hearing is over two hours. Good afternoon. Thank you for being here to join us for this hearing of the joint economic hearing committee. The American Economy is thriving. The current expansion is the longest in history. Unemployment has remained below 4 over the last 18 months. We have seen consistently solid gdp growth and job creation. , notwithstanding the successes, for many parents across this country, raising a family has become harder and more expen...

Reporters. I have got records on my mind. We may not have a record high for the s p hundred, but we do have a record high for the s p 500 utilities sector. Take a look at the time of 1. 8 . A record closing high as yields have been down for days in a row. It may be worrisome. This is a defensive sector. You have investors going and while the broader sector is going into a record high. Relative to longerterm charts, what we are looking at is the valuation spread between utilities and the s p 500....

Sees oil prices spiking the most ever. Brent has paired its initial gains, but still up more than 10 this morning. The president says hes locked and loaded. The u. S. Point fingers at iran, donald trump sang a response depends on verification. Tehran denies. They assess a new threat to crude supply. D jumps is money flowing floods into currencies for other nations. Less than a halfhour until the start of the european open, and markets dealing with oil price move, thats reflected in futures. Futu...

In part because the chinese did respond to our last hike in tariffs. A spokesman for Chinas Ministry of commerce quoted as saying that escalations of a trade war wont benefit anyone two sides still planning to meet in september of course, much of this rhetoric or communication is what weve been seeing for some time. I dont think any of it necessarily means the chinese are not still in a stance that sort of has them backing off from full engagement that somehow would lead to a deal in the near te...

Welcome to bloomberg daybreak europe. We end the week with a risk on. The msci asiapacific index with a fourth week of gains. The s p 500 yesterday closing within 0. 5 of that record high, lifted by this report of a potential interim deal between the u. S. And china. The 10 year yield goes up another basis points. We have risen more than 20 basis points this week, the biggest weekly gain in that 10 year treasury yield since 2016. 108. 14 is where dollaryen sits. The market seemed to take the eas...

Heres the jargon, the yield curve inversion. This is fed day and a very big day. In advance of the official word on rates, stocks have been all over the place this morning, up and down, moment to moment. Right now we are looking like a loss of maybe 112 points for the dow and down 45 on the nasdaq. This is whats hitting the market, china. China says it will impose 5 to 10 tariffs on 75 billion worth of u. S. Goods. That is obviously a negative for china trade. Its escalation and therefore, bad f...

If she could. The latest. And counting the cost. We had to miami where Hurricane Dorian is capable of causing billions of dollars in losses. Newseen we have breaking out of south korea. Looking at the inflation numbers. Yearoveryear is flat. 0. 6 in july. Forecast to be up 0. 2. This is now the lowest inflation rate yearoveryear for korea on record. Pointing out they are missing falling into deflation for the first time. If you look at the core cpi, it is up 0. 9 . It takes out food and energy. ...