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It shows, by the by, that the labor market is still strong the, consumers and wage earners are still strong. As i said, america is working. I think people are underestimating the underlying strength of this economy, and i want to also add this it is a middle class boom. This is a middle class boom. This is a blow outnumber, you know . Well see if the next one and the one after that are great, but theres no question this is an outstanding report well above expectations. Maria meanwhile, as expected the Federal Reserve cut Interest Rates for a third time this year by another 25 basis points. The...

It shows, by the by, that the labor market is still strong the, consumers and wage earners are still strong. As i said, america is working. I think people are underestimating the underlying strength of this economy, and i want to also add this it is a middle class boom. This is a middle class boom. This is a blow outnumber, you know . Well see if the next one and the one after that are great, but theres no question this is an outstanding report well above expectations. Maria meanwhile, as expected the Federal Reserve cut Interest Rates for a third time this year by another 25 basis points. The...

It shows, by the by, that the labor market is still strong the, consumers and wage earners are still strong. As i said, america is working. I think people are underestimating the underlying strength of this economy, and i want to also add this it is a middle class boom. This is a middle class boom. This is a blow outnumber, you know . Well see if the next one and the one after that are great, but theres no question this is an outstanding report well above expectations. Maria meanwhile, as expected the Federal Reserve cut Interest Rates for a third time this year by another 25 basis points. The...

This is bloomberg technology. Coming up, the doj is hitting at t hard. Details on the lawsuit that could block at ts 85 billion takeover of time warner. Er speeds up its driverless push, striking a deal with volvo. Details ahead. Plus, more dealmaking in the chip industry. What the 6 billion acquisition means in its continuing consolidation. Lets start with the lead. The u. S. Justice department is suing to block at ts 85. 4 billion takeover of time warner. This is a major blow to the carrier to create a media and telecommunications empire. At ts chief counsel said he is confident the court wi...

2017 has extraordinary brought it into eight very exclusive club. That is the Fifth Company worth and access of 500 billion, alongside apple, googles parent alphabet, microsoft and face book. It also means it has beaten alibaba to the milestone. News, 24 hours a day, powered by more than 2700 journalists in more than 120 countries, this is bloomberg. Lets take a look at the markets closed, aboutust 4 10 of a percentage down. Japan, we are seeing gains all across the region. Emily this is bloomberg technology. Coming up, the doj is hitting at t hard. Details on the lawsuit that could block at t...