Page 6 - Michael Spence News Today

Of michigan confidence. A lot happening. Ies have decelerated should say accelerated to the downside over the course of the past our. They are down about half a percent. King and burger Procter Gamble are at 7 00. Chevron at 8 30. Berkshire hathaway after the bell. Chryslers july auto sales up. That is below that i stocks, bonds,t currencies, commodities. Linkage between the futures. Dow futures 110. Under 134. The nymex crude, well under. The six near 17. There is the dow. Will have the graphic...

Good morning, everybody. You are watching the pulse. We are in london. Iming guy johnson. We are goingg ciao to tell you why italys leading car manufacturer is leaving mama. And talking of cars. Pimp my mclaren. The are talking to the Company Working on the interiors of the worlds fastest cars. Check it out later. Thats get to our top story. Socgen posted a profit increase for the Second Quarter. With sanctions looming over russias economy, will that start to threaten the bottom line of frances ...

Youre watching Market Makers here on bloomberg television. Friday in new york city. Im eric schatz sker. Im stephanie ruhle. This bill gross news is huge. No other way to describe it. An earthquake hit the bond market this morning. The bond king himself, bill gross, is leaving pimco, the Money Management powerhouse he cofounded which turned him into a billionaire. Hes moving to january us in Janus Capital to work for his former colleague. Pimco said fundamental differences led to the departure. ...

Humans have populated every environment on earth. We live on the frozen tundra and in the searing deserts. We live in thriving cities of millions and in isolated camps of a few dozen. Some societies seem simple because they are small and their members are selfsufficient and use simple tools. Others seem complex because they have large populations and people depend on each other for food and goods and use sophisticated technology. In between, there is a range that fills the spectrum. All of these...

Billion here in stimulus. Pedal to the metal. Jolte u. S. , we have the job openings coming out at 10 00 and Consumer Credit at 3 00. Those are secondary reads on what is happening. Yum brands, the owner of talk about the pizza hut dont they do a lot of china . You wonder, can they get to the restaurant given a protest in hong kong . Two thirds of yum brands sales occur outside the u. S. , much of which is Kentucky Fried Chicken in china. They open a kentucky fried one every day in china. It is ...

Am guy johnson. Io saying no the worlds secondbiggest iron ore exporter has rejected an approach from glencore that wouldve crated the worlds biggest miner. Jesse, you guys have been working on this and watching it very carefully. He is a deal maker. He have done it through inquisitive deals over the past 15 or 20 years. He has been here for 10 years. In this instance, the big issue will come down to price was the what we know about glencore is they never overpay for anything. To get rio, it loo...

Inq is joining saudi arabia cutting customers for the biggest customers in asia, a sign opec members will do what is necessary to preserve market share. We may see a significant shift by the Federal Reserves open Market Committee as their meeting next week, considering whether to drop their promise to hold Interest Rates low for considerable time. Dennis lockhart says he is in no rush because they are still danger of raising rates too soon. Amazon is looking for ways to deliver your package is s...

From our studios in new york city, this is charlie rose. Today, the Senate Intelligence committee released a highly controversial government document. It is called the feinstein report. It is the result of a fiveyear investigation into the cia Detention Program for the years following the 9 11 terror attacks. Those who have read it say it is a damning indictment of the cia use of enhanced interrogation. The report claims that such techniques were far more brutal than previously revealed and conc...

Going back to what . 1970 . I think it is. China is a net importer. They will benefit mightily from this decline and they are concerned about securing sources of energy. Crude hit its lowest price in five years. Walgreens on the hunt for a new ceo after current president greg watson does he will retire greg wasson says he will retire. Walgreens says it is not using the deal to move its tax address overseas. A new report says disney, pepsi, fedex and microsoft skype is among hundreds of companies...

Speculation chinas government will add stemless after inflation reports. Of estimates below 2 . The price of oil has resumed its slump. It may go lower. West texas intermediate fell below 63 a barrel. Brent crude also down. In official in irans oil minister critics the price could fall as low as 40 a barrel. That is if there is a price war or of divisions emerge among the members of opec. The new Federal Reserve relation may be expensive for jpmorgan. They may need to come up with more than 20 b...