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Japanese Prime Minister shinzo abe has confirmed he intends to delay a planned consumption tax hike by another two and a half years, and he vowed to do it without dissolving the lower house for a snap election. Abe told his plans to senior members of his liberal Democratic Party and its Coalition Partner komeito on monday. The tax is supposed to rise from 8 to 10 in april, but the government will need to pass another bill to approve the delay. He also met with finance minister taro aso, who had until now taken a cautious stance on the idea, and had called for an election to get the approval of...

Japanese Prime Minister shinzo abe has confirmed he intends to delay a planned consumption tax hike by another two and a half years, and he vowed to do it without dissolving the lower house for a snap election. Abe told his plans to senior members of his liberal Democratic Party and its Coalition Partner komeito on monday. The tax is supposed to rise from 8 to 10 in april, but the government will need to pass another bill to approve the delay. He also met with finance minister taro aso, who had until now taken a cautious stance on the idea, and had called for an election to get the approval of...

Prove it. Got an insanely addictive gain for econ nerds everywhere. Power lunch starts right now. Welcome to power lunch. Econ nerd Brian Sullivan with three hours left in the trading session. Stocks, as you can see, at session lows, mildly in the green. But if this recent trend continues, it may not be for long. Trying to lead the dow higher at this hour, you got merck and other names out there. As you can see, the dow is up just 19 points. Goldman sachs doing okay. And were pleased to have seema mody riding shotgun with us today. Hi, everyone. Im seema mody. Heres what else is up on power lu...

Regulators. The headway number in just a few minutes. And is italy headed back to reception . This as german Industrial Orders see their largest drop in three years. 6. Announcer youre wachgs worldwide exchange, bringing you Business News from around the world. This is whats coming up on todays show. Whats your plan b . We bring you the highlights. Plus, a second ebola patient arrives in the united states. What is the real threat to developed nations. Can the companys earnings beat despite the weakness . 21st scentury fox is droppig its bid for time warner. He says the offer had merit, was com...

Lets talk about what weve got. Manufacturing pmi falling to 50. 4, the forecast 50. 8. We have already seen the breakdowns from a national level. The german date or little weaker, the french data certainly a little weaker at the moment. Those that were hoping there were any w numbers in the other survey numbers were indicating that we were going to see a more stable story, maybe a little bit disappointed by that. 1. 2515, you could have seen a pop through you could have seen a pop through 1. 26 today if you had a decent german number. 16 is where we are trading now. Thats get some immediate ac...