this is real money, you are the most important part of the show. tell me what s on your mind by: europe s economies are stumbling. we care, because the european union is the united states biggest trading partner. the u.s. exported, sold, $262 billion worth of goods and services to the e.u. bloc. we imported more - $385 billion in goods and services. any economic stall in europe gets felt by americans. there is a bright spot. and that is the u.k. the british economy is growing faster than its continental neighbours. germany, the biggest economy in europe, has been the engine of growth. many wonder if the u.k. will one day overshadow it. reporter: it s gone from lagered to leader. the u.k. s economy is growing has it european neighbours stall. the g.d.p. was 3.2% higher in the second quarter compared to a year ago. that was the best performance in more than six years. unemployment rates have dropped to 6.4% from a high of 8.4%. but the u.k. s recovering has been slower th
this is real money, you are the most important part of the show. tell me what s on your mind by: europe s economies are stumbling. we care, because the european union is the united states biggest trading partner. the u.s. exported, sold, $262 billion worth of goods and services to the e.u. bloc. we imported more - $385 billion in goods and services. any economic stall in europe gets felt by americans. there is a bright spot. and that is the u.k. the british economy is growing faster than its continental neighbours. germany, the biggest economy in europe, has been the engine of growth. many wonder if the u.k. will one day overshadow it. reporter: it s gone from lagered to leader. the u.k. s economy is growing has it european neighbours stall. the g.d.p. was 3.2% higher in the second quarter compared to a year ago. that was the best performance in more than six years. unemployment rates have dropped to 6.4% from a high of 8.4%. but the u.k. s recovering has been slower th
this is real money, you are the most important part of the show. tell me what s on your mind by: europe s economies are stumbling. we care, because the european union is the united states biggest trading partner. the u.s. exported, sold, $262 billion worth of goods and services to the e.u. bloc. we imported more - $385 billion in goods and services. any economic stall in europe gets felt by americans. there is a bright spot. and that is the u.k. the british economy is growing faster than its continental neighbours. germany, the biggest economy in europe, has been the engine of growth. many wonder if the u.k. will one day overshadow it. reporter: it s gone from lagered to leader. the u.k. s economy is growing has it european neighbours stall. the g.d.p. was 3.2% higher in the second quarter compared to a year ago. that was the best performance in more than six years. unemployment rates have dropped to 6.4% from a high of 8.4%. but the u.k. s recovering has been slower th
i m in for ali velshi and this is real money .. changing fortunes make out winners and losers in the global economy. for the first time since the recession, the united states is poised to be the engine of global growth not china, not emerging markets. the u.s. economy is expected to grow 3.1% this year the labor market is picking up steam, and we ve seen a small but significant uptick in u.s. wages. meanwhile, china s spectacular growth story is not such a page turner anymore with many expecting the economy to grow roughly 7% this year. that s still a lot higher than the u.s. and it s a far cry from the double-digit growth china has seen in recent years. the european union, well, it s just plain stagnating. 1.8% economic growth is forecast for the eu this year. in response the european central bank chief said today he s ready to spend loads of cash to stimulate eu economies. that sent the dollar soaring against the euro to the highest level in five years, and the dollar i
on sony. will it much of a sdns. i m in for ali velshi, and this is real money . . changing fortunes make out winners and losers in the global economy. for the first time since the recession, the united states is poised to be the engine of global growth, not china, not emerging markets. the u.s. economy is expected to grow 3.1% this year, the labor market is picking up steam, and we ve seen a small but significant uptick in u.s. wages. meanwhile, china s spectacular growth story is not such a page turner anymore with many expecting the economy to grow roughly 7% this year. that s still a lot higher than the u.s., and it s a far cry from the double-digit growth china has seen in recent years. the european union, well, it s just plain stagnating. 1.8% economic growth is forecast for the eu this year. in response the european central bank chief said today he s ready to spend loads of cash to stimulate eu economies. that sent the dollar soaring against the euro to the highest
over before they get a nuclear weapon. cory: huckabee who ran for president in 2008 and ran for victory in the iowa caucuses is the sixth republican to declare for the race. the service industries in the united states growing at a faster pace in april according to the supply non-management index. it is the highest level since november. consumer spending gaming exit part to springtime weather and low gas prices. greece is blaming creditors for the stalemate in bailout talks. greek officials and the imf and european officials are confronting the country with too many red lines and need to better correlate their message. there is fear is that the country is not moving fast enough to move on to more aid. bill mcdermott says his company has zero interest in buying sales. in orlando, he says we ve never bought something that was impaired or on the decline. there was a report of sales deal with salesforce. they are now working with advisers. a memorial service for the ceo of surve
and david powell is in london following the latest on the greek bailout talks, but first let s get you to some of the top stories we are following. disney is at it again. the world s largest entertainment company posted quarterly profits that were 10% better than a year ago. results improved at the disney theme park and merchandise units. frozen is still a big moneymaker almost $1 billion a merchandise sold. one clout, operating income fell at the disney table networks, the reason higher production costs at espn. after 20 years as the head of cisco, john chambers one as want to survive the boom and bust cycles, and now, he is stepping down as ceo. he will move to the chairman s seat, and earlier, mr. chambers discussed his new role. mr. chambers: i will be his wing man, the next frontier forces go, to power our growth not for one or two years but 10 years, focus on tea, strategic partnerships and speaking, so the bottom line is chuck will be the ceo. he will make the deci
welcome to countdown. i am mark barton. it is 6:00 and london. bloomberg reporters ready to deliver the stories that will drive your day. elliott is in tel aviv covering the iraq situation. john kerry calls on the country s leaders to unite. ryan chilcote is in the studio on the current state of play with south street pipeline. manus cranny is here looking ahead to mark carney s grilling in front of lawmakers today. it is the deal this is a lot about u.s. companies trying to avoid taxes. caroline hyde has the autopsy report on the monsanto-syngenta talks. exclusives an mineview with the head of old bank, peter weinzierl. called to unite against an al qaeda breakaway group to seek after the country s largest oil refinery. this would seem to reinforce very concerns that i rock iraq s very survival is at stake. bighe oil refinery is a loss. let s not beat about the bush. this is the largest in the country. there have been reports of shortages of refined products in the kurdi
$9 billion to settle. and aceos is back online. the fashion retailer gets back to business after a warehouse fire over the weekend, but the firm says it s fully insured. shares pair losses. well, a warm welcome again to worldwide exchange this morning, a bright, early monday morning. we do have some further pmi data out this morning, too. we had france and germany already this morning. now we ve got the composite pmi coming. it was estimated at 52.8. it s coming in right now at 53.5. that s for june. so, compared to the estimates pretty much in line with forecast, but the pmi manufacturing estimate at 52.1, manufacturing coming in at 52.2, so slightly better on the manufacturing. on the services, too, it s come in at 53.2, bang in line with estimates, of course. and we did have france and germany out this morning. germany pretty much in line as far as the manufacturing is concerned, weaker on the services, and that dragged the composite down. france weak across the boar
85 points. hour, take a look right here. we re going to put a circle on this. this basically is where we are now. and as you can see we did take a dip. we were down almost 100 points. now the market is starting to come back a little bit. it is really an incredible market story today. the vix alone in the first two days of this week, you know everybody has been saying it s a low volatility environment. this week alone in the first two days the vix has spiked 16%. add to that, today s advance, it seems like volatility is back. seema modi is up down comping the nasdaq. that index is seeing a big jump after stocks jumped basically like a rock on the open. to bob pisani right over behind my shoulder at the floor of the new york stock exchange. bob, it s going to be interesting to see whether or not we get this kind of volatility for the rest of the trading day. so far we ve been very steady. i want to point out the volume is average right now. it s not stronger or weaker. i just