Harvey to the debt limit was feasible. They wanted something longer, particularly with the debt limit. It is interesting we are seeing this. We will have to get more information on it in terms of where we are in this process. Michael you have got a fiscal clip built in there. When there is not the deadline pressure. It will create an artificial deadline to do something, that the markets will be focused on. Julia lets bring in terry haines, the senior political strategist. Great to have you as well. You laying out all the different possibilities of the individual pieces and the likelihood of these things happening, what do you make of the suggestion that they managed to agree on several of these, whether it is the eight, the debt limit, and the continuing resolution . Terry haines i am not surprised. As we parse through it this morning, what i saw was a confluence of interest and when a confluence of interest happens in a republican democracy, things usually happen. What you have is a s
Michael flynn violated federal law by omitting a business trip to the middle east on security clearance forms. They demand he provide a full list of foreign contacts. The accusations are linked to a plan they say was financed jointly by russia and saudi arabia. Michael flynn resigned in february after reports he misled its senior white house officials about contacts with russia. The hits keep on coming. The Cleveland Indians winning streak is at 21. The indians defeated the Detroit Tigers 53 in cleveland and set a new american greek letter American League record for consecutive victories. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloombergs World Headquarters in new york. We are seven minutes from the close of trading. Stocks take a breather. Joe the question is whatd you miss . . Release theix will tax framework the week of september 25. Julie bank jobs might be disappea
Fascinating conversation and content out of those interviews. Cant wait to see them all. I amme to daybreak asia, haidi lun here in sydney. Betty i am betty lou at the Global Headquarters in new york. Before we get to the great therviews, a recap of markets. We sell the dollar gain, oil markets higher, oil touching above the 50 a barrel level. That led to stocks rising. Lets pull up the board to show where markets closed. The dow added on 40 points. S p gaining. The nasdaq higher, as well. We continued to digest lots of news in the u. S. We will be watching economic numbers that are key for the market. Haidi we spent so many days talking about the weather, north korea, geopolitical risks. We are now focusing back on monetary policies and the macro environment. Check out how we are setting up ahead of the data. New zealand, trading sideways, up 1 10 of 1 . The kiwi dollar at. 7252. The dollar rising for a third day, expectations that may be a fed rate hike in december, pushing to almost
Of the different components, these are huge media and Communications Networks now, and in the United States and in most countries, these industries have been heavily regulated and very clear stipulations about what can and cant appear, how they can be used. You think about the idea of russia coming in and using nbc and comcast to influence our election what would happen . Thats exactly what happened here and the idea that they are going to somehow escape, hey, were just a platform, we have nothing to do with that. Good news, they are moving in that direction the other issue is antitrust, just the amount of power that these companies have and but i think its important to separate whether they think this is a business issue from a different kind of issue. Yes, this is an important political and cultural issue, but is it a threat to facebooks Business Model or reputation i dont think it is, because they dont rely on political advertising in an outsized way Mark Zuckerberg was way ahead of
They say the situation in the Foreign Exchange market is still fragile. This is significant because it marks an end to the snb referring to the franc as significantlyovervalue. The august Consumer Price index comes at 8 30 a. M. Eastern time that hits with weekly jobless claims and the bank of england has a policy decision due around 7 00 a. M. Eastern time. Tesla announcing plans to unveil its highly anticipated truck. That will happen on october 26th the tesla semiis wh is what thee calling it that date a setback. Elon musk expressing his excitement saying the batterypowered beast is worth seeing in person shares of tesla, down marginally on that news a bit of deal news shares of Tenet Healthcare are jumping on reports that the company hired advisers to explore options including a possible sale. Last month they said they would replace the ceo and some Board Members after concerns from glenn view capital then net h that stock up 14 in the premarket. Equifax says a web server flaw in i