Stuart we are playing macho man, the Village People tomorrow trumps favorite songs he plays it is rallies. What are you seeing . Lauren how do you know that . Stuart up to speed on things. Good morning, 10 00 eastern, straight to the money. Dow is down one hundred 73, nasdaq down 172. The 10 year treasury yield going down, down 4. 13 . Thats interesting. The price of oil 77, 78, bitcoin, a standout story, it hit 68, it is really close to all time highs. Just received information on an important sector of the economy, Services Sector. Neil coming in at 14. 6 in the month of february, defined at 3. 6. The prices to pay for these orders in the Services Sector falling steeply. 11 month high, 64, came down 58. 6. Over to you, jay powell. Stuart thought the market reported positively to that, the downside move. May be powell had stuart 50 on the nasdaq. Now this. The only way to beat donald trump is at the ballot box, the wonderful truth about democracy. They mounted a massive legal challeng
Details here on breakfast. Its sunday 3 march. Our top story The Chancellor, jeremy hunt, has tried to play down expectations about tax cuts in wednesdays budget, telling the Sunday Telegraph he has to act responsibly. With three days to go until mr hunt lays out his plans, the treasury says measures worth millions of pounds will be introduced to boost productivity in the public sector. Here is our Political Correspondent hannah miller. Police drones that can assess Road Traffic Accidents one solution chosen by The Chancellor as he takes an overview of the economy that doesnt make easy reading. But jeremy hunt says £800 million worth of Technology Like this will help to make police and hospitals more efficient and save almost £2 billion in five years it was time. Five years time. At a time when he has less money to play with them he would have hoped for, he is weighing up would have hoped for, he is weighing up what he can do to win votes. The chancellor is under pressure to make tax
Underproductive locations that will be shuttered. San Francisco Mayor london breed saying for macys, this was not a safety issue, but came down 2 and cents. Macys made a business decision to close 150 stores all over the country, and they are selling the property at union square. The Union Square Alliance released a statement saying the closure hurts, but the head of the Union Square Alliance said she, quote, believes that we should work toward a solution that allows macys to keep this iconic store open. However if that does not come to pass, our expectation is that a new owner for this iconic site will come forward to continue a fresh and vibrant vision at this critical location. The mayor also talking about the possibility of adapting the 400,000ft s of retail space to better fit the citys needs. Our goal is to make sure that we focus on the opportunities and the opportunity to ensure that this space is used for something that will be profitable, that will be a destination that will
San franciscos landscape. Macys is leaving the city nearly 80 years after opening the doors to its iconic building. And tonight, some questions about whats next for union square. Everythings evolving so quickly in San Francisco, so that im kind of excited to see whats going to go in next downtown is really, really cool. Theres still so much going on. Theres still new businesses coming in. A sad day for some san franciscans, but for others, optimism about the future of union square. Good evening everyone. Im mike mibach and im Claudine Wong. Macys announced today that it will close 150 locations over the next two years. That includes the citys union square location. Macys says a change in the retail landscape has forced it to change its strategy. So instead, the company is going to open 15 new bloomingdales and 30 new bluemercury stores. The San Francisco macys will not close until the company can sell the building, which could take over a year. Ktvu is amber lee joins us now live from
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