With joanne hsu in just a moment, and an oil rally underway. We will see how much risk you should take on into a weekend of uncertainty. Im alix steel, with my cohost in london, died guy johnson. Guy it drops onto our bloomberg terminals the headline number, 63 point zero, down from 68. 1. That is a substantial miss. 66. 7, a big drop. One year inflation wow one year inflation rises to 3. 8 , up from 3. 2 , and we have verizon the five to 10 as well. I wonder if that is gasoline prices, but Inflation Expectations are rising. That is not a good cocktail heading into the weekend. Alix no, that is not great at all. The bond market giving up some of the gains we saw on the treasury market on the frontend, so yields down by two basis points now, but equities are going nowhere yet. This is not a great read for how consumers are feeling. Guy jamie dimon warning on the call, talking about the facts that the consumer is working through the excess savings. We have been talking about that for a w
Today is friday, may 10th, 2024. On the stand, a third week of testimony wraps up in former president trumps hushmoney trial. The evidence jurors saw today and the major witness that is slated to take the stand next week. Outrage over the Deadly Florida deputy shooting of an air force airman in his own apartment. What is revealed about why the Sheriffs Office is called and how quickly the deputy began firing. Isorry. Apple issues a rare apology after backlash over its new ad. Happy friday. Were so glad youre with us. Were going to begin this hour with what could be days of explosive testimony in the former president donald trump. Multiple sources tell nbc news that Michael Cohen, trumps former attorney and fixer, will testify in the trial on monday. Hes expected to be on the stand for several days. Earlier today, madeline wester wrapped up her testimony. Remember, she is a former aide in the trump white house. Some called her the, quote unquote, gate keeper to the oval office during tr
Breaking overnight. College campus shooting. Gun fire erupting at Morgan State University in baltimore. Students told to shelter in place. This morning the search for the shooters. We are live on the scene. The Biggest Health care strike in u. S. History looming. 75,000 workers set to walk off the job. Gag order. Former President Trump defames a Court Employee angering the judge in his civil fraud trial. Warned about personal attacks on members of the court. New details on a 9yearold girl abducted on a camping trip including a ransom note. Callahan walsh with what her family did right, and what you should teach your kids. Water emergency. The desperate effort under way to avoid Water Pollution for more than 1 Million People in new orleans. Ginger is on the scene for us. The parents of the former u. S. Swim star found dead in the u. S. Virgin islands breaking their silence. Why they believe their daughters death was no accident, only on gma. The new study on ozempic and long term effect
How long could that drag on for . What does it mean for a debate around the first of november . I think theres already promises that the company will file a lawsuit, trying to overturn the law and say that its unconstitutional. Violating the First Amendment right to free speech. But the lawmakers say that they are very confident they will prevail because this is a foreign controlled company and theres no right to free speech for a chinese company. The right to free speech is for the people on tiktok. So the argument is that this is very similar to regulations that the government has on who can own broadcast stations, for example. Or radio stations. Theyve had these kinds of regulations in the past. Of course, this is an immensely popular social Media Network that 170 million americans are using. So that makes it such a valuable resource if you are the chinese government. This is something where its going to piece be hard to see whether china will be willing to let it go. Let the algori