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Sharply lower than what had been expected in april. Also lowering its growth forecast for 2015. The main reason, according to the International Monetary fund, geopolitical risks. They cite risks coming out of the middle east and coming out of the tensions between russia and ukraine. On the up side, the imf revised the u. S. Outlook higher. Growth for the United States set to be 3. 5 for the second half of 2014. 3. 8 in 2015, but the u. S. Is certainly a bright spot in what is otherwise a down beat picture. Europe, japan and the emerging markets all taken lower. Of the emerging markets, i thoug...

Forecast for brent crude saying oversupply is likely to peak in whos doing it best. The Second Quarter of the next and candidly, new york really year. Those prices are looking at a was doing the best work in this near fiveyear low. And the worst case scenario, brent could fall as low as 43 space. Were in a good position from a in the next six months. Thats something to be watching. Budget point. Andrew, over to you. Thank you, becky. On a cash basis. Good morning. We have Corporate News this morning as well. Here are the stocks to watch. Reaching nearrecord levels. The first one out of the box...

Numbers. Profits miss estimates by a penny. The massive data breach hang over the stock. Macys downgrade with disappointing results, dicks and urban outfitters. All moved lower. A vote coming for obonomics in japan. And well have an exclusive interview with the ceo of halliburton to buy baker hughes. Revenue above consensus rose better than expected 5. 2 . Retail noting at 28 million and expenses for that recent data breach adding it cannot estimate the total cost of the breach which for the year, about 34 million. Not bad in a tough retail environment. Traffic up. I think what happened is las...

Talks today and reconvene in december. Successful talks could open the door to ending sanctions on iran. Brian, over to you. Thank you very much. Good morning, everybody. In Corporate News starting your week, American Airlines and its pilots union say they will keep talking with the goal of reaching a new labor deal by middecember. The two sides putting off a plan for arbitration. By the way, shares of american have been up this year 70 . Speaking of the skies, commercial drone users are still waiting for new federal rules. The days wall street journal is reporting the faa will require operato...

Oil and the bears feeling threatened if energy doesnt go higher immediately. Each day, one of the bears seems to roll over, crushing goldiloc goldilocks, and today papa bear just mauled her, sending the dow down 112 points, s p down 12. 5 . Nasdaq down 1. 4 . It was a nightmare of a session, because goldilocks looked home free before she was blindsided by the whole bear family in the last 20 minutes of trading. It was the goriest close of the year. You remember the story of the three bears. So lets put them in perspective, with goldilocks, who, of course, triumphs in the fairy tale, but these ...