Birthday in march, the reality of spending more than 1500 nights away from my family over eight years hit me harder than it had before. Representative chaffetz was first elected in 2009. Agriculture secretary sonny purdue testified before congress for the first time yesterday since taking office. He briefed members of the housing a which you are committee on the role of farming, on rural economies throughout the United States. This hearing runs about three and a half hours. Good morning, the hearing on the committee of agriculture entitled state and Rural Economy, secretary of agriculture sonny purdue will come to order. Ive asked david scott to open for us. David . Sure, bow our heads, please. Dear heavenly father we come before your throne of grace to first of all say thank you, we thank you for so Many Blessings that you bestow upon us, many which we dont even know. On this occasion, we ask a special blessing on our agriculture industry and that your blessings come upon our new secr
Reference to the improvement we have seen in the labor market from just the past several months to the beginning of the year. They have done this before especially as they are winding down the bond program. If it does not satisfy what theyre looking for, they will extend the time and looking for and since the beginning, the labor was great here and we will raise rates and continue to do so. We continue to shout out to someone 18 months ago. That was your colleague. 18 to 24 months ago, they move around a little bit, but the slow growth environment in retail sales, is there any a 3 gdp out there for Morgan Stanley . Coming from the trump administration, you will have to take at least half of one percentage off here that remains to be seen. One thing we know for certain is Michael Mckee is a low Interest Rate person. A followup question to the chair bordered on route and i couldnt believe you said it. Translate that rest. What is a low Interest Rate person . Were donald trump was coming
Im mark barton in london. We have stocks falling for a fifth day. It was a central bank heavy day yesterday with yellen, carney, and draghi speaking. Against theup dollar, rising to a oneyear high, 1. 1381. The yield rose the most sense january yesterday after fed chair janet yellen spoke. The u. S. Can withstand higher rates. 0. 1 ,mex crude is down by falling for the first day in five u. S. Days. Crude stockpiles rose, exacerbating this government data. Inventories extended declines from that record reached at the end of march. Lets get the bloomberg first word news with sebastian salek. Reporter a new cyber where attack has reached asia after spreading from europe to the u. S. Overnight. With being carried out users told to bitcoin. Ransomeware is becoming a routine risk of doing business around the world. Senate republicans have postponed the vote on a new Health Care Bill after at least five gop members said they would not vote for the bill. The delay is another setback on the rep
Bonds as we get q2 gdp this time tomorrow. Earnings, the busiest day of the season. Majors like facebook and ford on the move, dow chemical, inside look of the quarter from andrew. Hey, you get on to my cloud. Oracle buying netsuite for 9. 3 billion citing strats youlike synergies. The final day of the Democratic National convention ringing endorsements for Hillary Clinton from the president and Mike Bloomberg last night. The candidate takes the stage tonight and we will go live to philadelphia. First up, facebook with a massive earnings beat that has the stock set to hit alltime highs this morning. Eps 97 cents, beats by 15 cents, 6. 4 billion in revenue, monthly active users 1. 71 billion an mobile continues to grow, mobile ads 84 of the ads that facebook shows. Mark zuckerberg stressed video again and again on the call. Even turning a question about pokemon into an answer about video. Take a listen. One of the big themes were talking about here is becoming video first. Right. And as
Cutting wait times. Tsa looking to use computers instead of humans to inspect carryon bags. Keeping athletes safe in rio. The zika brought that off bug spray, the official partner at the olympics. Another win for netflix to report a deal with comcast allowing customers to use the streaming service on set top boxes. The currency trade driving markets across the world this morning. The british pound fell into a new 31 year love versus the dollar. Check futures right now. We are looking at real impact across the world. A low opening for wall street this morning explaining to clients yesterday. In europe, weakness across the board as well. John a quarter of a percent. The cac and the dax in paris and germany even worse off. In asia overnight, market lower. Investors around the world seeking safe haven asset. In japan, they yielded a 20 year bond dipping into negative territorys meaning investors would have to pay to on those bonds. We will talk all about that this morning. Fox Business Net