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In favor of the super wealthy this is going to be not only an economic challenge for the Republican Party its a political challenge as well you know weve spent weeks discussing what this bill does or doesnt do the challenge Going Forward is what their republican fix can successfully sell this to the American Voters before next novembers elections than frankly this was a gamble they had to take given the head went that theyre facing next november but in the short term chris shays on most people are going to see an increase in their paychecks. I think theyll see an increase in their paychecks an...

This is Bloomberg Markets asia. Lets have a look at whats been going on. There has been a steeping of the yield curve going on, more flattening taking place. What we have is perhaps an economic slowdown in prospect. Lets have a look at this chart. It goes back to 1986 and it tracks whats going on in the white line into the two to 10 year yield spread. That is indicated by this axis here. Just over 60 basis points between the two of them. The green line is where gdp is. This is inverted. You can the lowest number of growth here, 4 contraction. What happens next is that the yield curve perhaps s...

More. Oprah winfreys holiday warning. Its a fraud, its a fraud, its a fraud. The social media scam asking you for personal information and your money. The signs to watch out for. And in case you didnt hear oh by golly have a Holly Jolly Christmas this year and good morning, america. Thanks for joining us on this friday morning. You know, only oprah can make a fraud funny. I mean she really has a way of saying it. Lets listen to it again. Its a fraud, its a fraud, its a fraud. It gets your attention and she wants her millions of viewers and followers to know they shouldnt click on the scam to t...

Against terrorism. The Trump Administration is proposing to open almost all u. S. Coastal waters to oil drilling, including those off of california and florida. The proposal released today by the interior department proposes 47 possible auctions of drilling rights. They are in more than 90 of the u. S. Outer continental shelf. The department of justice has issued a memo rescinding an obama era policy that helped states legalize Recreational Marijuana use. In states where marijuana is legal, attorney general Jeff Sessions has directed federal prosecutors to use their own discretion in enforcing...

Ipoint banks for the aramco and allows women to attend football matches. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Remember the handoff from the United States, gains for a fifth straight session. The european session was strong. We saw the biggest weekly advance since april. We are seeing risk assets continuing with strength into 2018. Outlook from companies will dictate the next move for indices. The u. S. Dollar weaker after pretty much snapping a set of declines. Youre looking at again story standing out. The yen up the most in a week after boj reduced purchas...