And u. S. Steel rejecting 7. 25 million from cleveland. Most stocks actually higher. We are going to speak to the chairman and ceo later on in the show. From new york, im alix steel with guy johnson. Welcome to Bloomberg Markets. You look at the markets, the story is the dollar. The dollar index. Guy the question im asking today, if you were sitting on a beach somewhere enjoying yourself, what are you missing . Many would argue not much. But under the circumstances, there are some really big trends developing here. You talk about the real yield. I think that is a huge story. Should be hugely negative for stocks in the u. S. Economy. Plus this china story, for how long . Alix how seriously can you take any of these issues right now . A lot of people are going to wind up on the beach. The equity market is literally going nowhere. But i do wonder to the real yield question, if that is a strong dollar story, that will have repercussions elsewhere. Guy and you come back off your holiday, of
Can implement protections. And id like to especially thank my friend and colleague, Ranking Member, tom tillis and his staff for working with us on such a collaborative basis to put this hearing together. Welcome back from vilnius, senator tillis was over at the nato summit and im thrilled , hes able to join us and were able to do this hearing today. This is our second hearing in as many months on the intersection of Artificial Intelligence and intellectual property law and policy. You and your team have been great partners in pursuing this. If you will indulge me for a moment, senator, before i proceed with my remarks, id like to ask that we play just a little clip of something to frame the challenges of this this topic. Made with the permission of all the relevant rights holders. [laughter] start spreading the news. Hey, i got something to say. Its growing its own way of learning the rules today. Each digital mind, they are making the headlines. Creating new sounds in a world. Thank
And id like to especially thank my friend and colleague, Ranking Member, tom tillis and his staff for working with us on such a collaborative basis to put this hearing together. Welcome back from vilnius, senator tillis was over at the nato summit and im thrilled , hes able to join us and were able to do this hearing today. This is our second hearing in as many months on the intersection of Artificial Intelligence and intellectual property law and policy. You and your team have been great partners in pursuing this. If you will indulge me for a moment, senator, before i proceed with my remarks, id like to ask that we play just a little clip of something to frame the challenges of this this topic. Made with the permission of all the relevant rights holders. [laughter] start spreading the news. Hey, i got something to say. Its growing its own way of learning the rules today. Each digital mind, they are making the headlines. Creating new sounds in a world. Thank you for your forbearance. Y
The ceo of tripoint homes joins us with a look at inventory and the impact of rising Interest Rates. The dow down more than 200 points, hovering near session lows its been a rough week the s p is flat, but the nasdaq, the outperformer today, bouncing back from yesterdays rough session by about 88 points amazon, the big tech gainer, shares there up nearly 8 on the back of earnings more on that ahead that is helping the rest of the tech trade apple on deck, of course, to report next week and everybody watches that one lets begin with the latest read on the economy and steve liesman, we have had a lot of data this week, steve. Yeah, its been a good one, tyler, if you are an economics reporter even if you like the economy, because it was mostly stronger growth, growth tended to exceed estimates with inflation, however, remaining sticky. But curiously, fed rate hikes are now less in play, as ill show you in a seconds on the expectation that the robust economic readings wont last core pce pr
Stock wave in a record high. And federal prosecutors saying boeing is possibly on the hook for as much as 2. 5 billion. Its wednesday, may 15th. Youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to Worldwide Exchange. Thank you for being with us on this wednesday morning. H lets kick off the horde with the u. S. Futures after a mostly positive day for stocks yesterday that saw the nasdaq close at a fresh alltime high. Meanwhile you are seeing some marginal gains implied at the opening bell today. The s p 500 higher by roughly 2 to 3 points and the nasdaq up 1 to 2. Ahead of the opening bell, at least 31 s p 500 companies are now at 52week highs or better or alltime highs across the economic spectrum, across ought of them, including qualcomm, bank of america, freepo freeportmcmoran. At least oneyear highs. Also checking the bond market ahead of todays inflation rate, yields are ticking lower. The 10year ticking solidly below the halfway mark. The 2year note yie