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Right now. We will have analysis with tim fiore. Im alix steel with my cohost guy johnson. Welcome to bloomberg markets. Guy the ism hitting a bottom. The jolts number comes in shy. Mike mckee joins us to break down the numbers. What do you see in front of you. Guy jay powell mike it is down from the forecast. That is a little bit better improvement in terms of jolts. The ism number comes in at 46. 4. Not as good as the 46. 9 people thought. Prices paid at 2. 46. Employment is also down. New ord...

A hard landing. Can inflation be stickier than people think . The odds are higher because of the fiscal stimulus in the system and driving the liquidity with the markets going up. German Business Activity growing for a second straight month as services surge, but it is a different story in france where activity contracts coming in below forecast. Mark your calendars, Prime Minister rishi sunak marks when they will go to the polls. The fourth of july he has an uphill battle closing the gap in the...

Popping today. Plus, cisco shares popping after the biggest slump in years. And ready for walmart as it gets set to release results this morning. It is thursday, may 16th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us on this thursday morning. We begin with stocks trying to extend yesterdays recordbreaking rally. One that pushed all of the major indices, including the s p 500, to alltime highs. Past 5,300 for t...

In the meantime, lets talk about the price of bitcoin. It has been volatile. Shot up yesterday in a big way and pulled back after blackrock denied the report, becky. Coin telegraph saying u. S. Regulators approved the application for the spot etf. Everybody cheered and went crazy. Coin telegraph later retracted the story and conducting an internal investigation into the inaccurate report. Blackrock reported the application is still under review. Crypto markets have been waiting news for spot coi...

9 billion transaction to gain full approval. We have full coverage. Plus more from our inaugural screen time event and hear from the ceos of netflix, youtube, and the head of the kardashian clan. First, a quick check in financial on financial markets. We are conscious of what is happening in the middle east, the focus of israel and hamas. Nasdaq 100 down 1. 3 on a weekly basis just on track for a weekly gain. Its third successive weekly gain , longest run of weekly gains going back to early june...

, now we have to buy it. 105 tomans. First grade. How much do you sell . 18. 10 depe. You put it now. 75 tomans. Yes , how much was this . It was 60 tomans. You touched my hand. It was 82. It was almost 50 tomans. Now its gone. Its 80 tomans. How much is it . You sell 40 tomans, 40 tomans, 40 tomans. The approved price was actually bulk sugar. 28 tomans 28 tomans 28 half yes, the value added has changed from 1 to 10 and the same price has gone up, the prices have gone up, the issue of value adde...

Fastsigns. Make your statement. The pentagon says it is concerned that north korea is weighing providing arms and Military Equipment to russia as it appears that kim jong un is on this armored train. As you see there, bound for russia to meet Vladimir Putin. South korean Government Official tells cnn that kim is believed to be traveling to the eastern russian city of vladivostok. The u. S. Says there have been alarming signs of a growing cooperation between the two countries. Russias Defense Min...

The world is being reshaped by three simultaneous acceleration the market is digital globalization not like your grandfathers but today it is digitized by amazon zero or paypal. Am i the population growth to put that on a graphic like a hockey stick also the speed and power will double every 24 months we have then on a graph looking like a hockey stick. They are reshaping the overplay san and geopolitics and ethics that is the book and in a shawl. Are they cooperating horror conflicting . They g...

On this black friday, were still here at post nine. Im Carl Quintanilla with melissa lee. Dow up 15 points a holidayshortened session today. Markets are going to close in an hours time and eventually we will get to kelly evans and bill evans for closing bell. All eyes on retailers as it is black friday. We saw strength in macys in particular and some curious weakness in shares of target which have been the real standout laggard, at least in the retail space. A lot going on, whether its retail, b...

Now we turn to the house energy and Commerce Committee. Who last week heard from the administrator of the fda. And the director of the National Institute of health. About a year after they updated members on some of the medical developments and innovations spurred by the 21st century cure act. Chfts approved by congress a year ago this month. This runs about two and a half hours. Order. Chair recognize himself. A monumental achievement. Cures was the product of a by partisan multiyear effort by ...