Keep their employees on staff, lenders were met with error messages and a frozen sba site. Former ubs america chairman and ceo robert wolf on how both banks and the government can salvage the reputational damage. We will get some numbers and bring them to you and of course, the president as well. We are one hour away from starbucks first, as we are calling it, covid Quarterly Earnings report. Board member clara shy on what investors can learn from starbucks china reopening plus how her company that she runs is helping major businesses, publicly traded companies, fix their biggest problem of the coronavirus crisis. Slow Response Time for their customers. And imax stock thrilling investors in this final hour. And charlie breaks it on who is breathing down banks necks now. Less than an hour to the closing bell, lets start the claman countdown. Liz all right. Breaking news. As i mentioned, we are waiting for the president to speak but we just got an important number, sort of a subset of nu
Ai. That conversation later. We will push ahead to the earnings out after the bell. Broadcom the latest company to test if this ai rally is a reality. The eus Digital Markets act takes hold today. We will break down the epic battles already raging for apple. Lets check out this market rally we are seeing and ai drives it. We see the mood music trying to decipher the rate of travel for the fed. The nasdaq currently powering on higher. Big test gets the lift. The euro actually higher versus the dollar. The dollar moving as we anticipate rate cuts. Dovish tones seemingly being interpreted from jay powell as we see Christine Lagarde hint to future cuts. The dollar is weaker against most fx payers today. And looking at whats happening in terms of the japanese rally versus the dollar, we have seen the yen up amid signals the boj might move to increase rates, up. 8 versus the dollar. A look at whats happening in the world of a brisk asset of choice on this show, bitcoin a risk asset of choice
Top 100 list and a new visible initiative, and a leading panel reverses itself and now recommends earlier mammogram screenings for women. Youre watching getting answers. Im kristen sze. Thanks for joining us. The new mammogram guidelines come as we kick off a Womens Health month in may. The Us Preventive Services task force is now encouraging women to start getting screened at the age of 40. Their previous recommendation was to start at 50. Joining us live now to talk about this and other Health Headlines is doctor peter chinhong, ucsf Infectious Diseases specialist doctor chinhong, nice to have you on the show. Thanks for having me on, kristen. All right. So this groups new guideline is a ten year difference. Thats pretty sizable from 50 to 40 right. Why the change . I think some of the changes really, given the overall, increase in, in malignancies and cancers in the younger age groups, this is not just only seen in Breast Cancer, but in other cancers like colon cancer. So what are y
Growth and uncertain growth. The aussie dollar is falling sharply on that news. Australian stocks, on the other hand, rallying more than 2 on the news. In asia, japans markets were closed for the Constitution Day holiday. Chinas Managers Index shrinking to a 14month for its 14th month coming in below forecasts. A bit of a mixed picture. Shanghai compost up 2 . And hang seng almost the lower. All eyes on . Yeah, go for it. Moving forward, in pretty negative territory. And germany is lower than 2. Ftse lower than 1 . Italy and spain off by more than 2 perhaps because the eu trimming its 2016 growth forecast to 1. 8 from 1. 9 . Its 2017 growth forecast from 1. 9 to 2 . Also cut Inflation Forecasts despite their efforts to do Everything Possible to try to lift inflation. Watching european financials, ubs reporting a sharp decline in management wealth business. Which was supposed to be all the european banks going into wealth management, they were going to be smoother when it comes to their
They want to place bets on individual players and instead. Welcome to Market Makers, i am stephanie ruhle. Joe and i am joe, in for Erik Schatzker. Stephanie lets take you to the top business stories of the morning. We will take you to israel where voters continue to count ballots today in an election that is too close to call. One of the first to vote was Prime Minister Benjamin Netanyahu. He is trailing the Zionist Union, but both are well short of a majority. Whoever wins will have to form a coalition government. He told voters yesterday that if he is real elected will not allow the establishment of a palestinian nation. Housing starts plunged last week for the first time in over four years. Blame the colder than usual weather in parts of the United States. There was a rise in the number of Building Permits, which means it may be a temporary slump. And they have projected an unsolicited 22 million takeover. They say this substantially undervalues the company. And japans central bank