david: we turn to emma chandra with first word news. good morning. has stabilized its currency and standoff a full-blown financial crisis this week. president trump says the u.s. will pay turkey nothing for the release of the pastor. they also warn that more sanctions could be coming if he is not free. the journey in the paul manafort file in the u.s. will continue deliberations today near washington. the jurists asked the judge question about what is reasonable doubt. president trump's former campaign chairman is accused of tax fraud. that the has learned ceo of google told workers at a staff meeting that it's china plans are exploratory and in the early stages. there are reports that google is developing a search engine that would censor results in compliance with the chinese government. some employees are not happy. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am emma chandra. this is bloomberg. david: i want to say, i don't envy google right now. china

amazon is here. -- emma chandra is here. terrorist incident in london. no injuries appear to be life-threatening. police arrested the driver, in man in his 20's. a bridge on the main road between italy and france collapsed today sending cars plunging more than 250 feet. immediate reports of 11 people dead. the bridge collapsed during storms. the turkish president is sounding defiant. issaid today the nation strong against the dollar and is promising boycotting of american electronics. the lira is taking a breather after falling 30%. it is rising against the dollar. turkish retail accounts sold dollars to avoid the slide. president trump renewing attacks on omarosa manigault newman. he said "good work by general kelly for quickly firing her." she has written a tell all book and has secretly recorded conversations. global news 24 hours a day on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am emma chandra, this is bloomberg. david: thank you. coming up, where are t

first, emma chandra is here with breaking eco-data. emma: we have had the university of michigan sentiment numbers that came in at 95.3. that is lower than the survey estimate of 98. this indicator is a read on current conditions as well as future expectations. future expectations largely have been a little bit less robust. we can see it coming in at 95.3, that is the low estimate of 98. the other thing to look at is the 5 to 10 year inflation .utlook showing an uptick that had been growing weaker, so the fed certainly watches this number and will be pleased with that. to recap, university of michigan sentiment out with a read of 95.3 versus the estimate of 98. turning to the border market, we are looking at the results of a turbulent week pushing the u.s. major indices down. dow jones unchanged, s&p falling and the nasdaq. the tech server is one to watch because chips are looking week. weak.oking 4%.can see nvidia down over nvidia had earnings where they saw sales of the cryptocurrency chips plunging at 94% from the previous quarter. b

i'm emma chandra in the green room. .oming up, the open this is bloomberg. way to grow hops in the chinese market. they have taken a three point billion dollars stake. the world bank of scotland has unveiled a plan to pay a dividend a decade after its government bailout. it's payout is still subject to a final agreement he is regulators. dividend ford the the bank. blackstone's international dealbreaker is calling quits. he is ready for new challenges after 12 years at the largest private equity firm. the group of managers is moving up at blackstone. another -- a number of veterans are moving on. julie: thank you. hiring cold in july with 150,000 jobs added last month, less than estimated and down from a revised number for the month of june of 248,000. the jobless rate ticking down to 3.9%. one industry having a hard time finding workers is trucking, seeing a historic labor shortage. trucking's 25ned times in its report. is a fed reporter who has been looking at this issue of trucking, which has been affecting a lot of types of industries. we have heard comp

for now, emma chandra has first word news. refusing to release detained americans after an escalating feud. the u.s. opposed sanctions over the matter, prompting it took us to zig -- delegation to visit washington. aboutrks raised concerns an investigation by the u.s. with boris, problems johnson. his own conservative party will investigate him for ridiculing muslim women who wear burqa's. prime minister theresa may in the chairman of the conservative party have called on johnson to apologize. russia is threatening to retaliate for a new round of u.s. sanctions. the u.s. is opposing the penalties to punish vladimir putin's government for the nerve agent attack on a former double agent and his daughter in the u.k. russia was defiant and officials denied any involvement .global . global news 24 hours a day on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i am emma chandra. david: thanks so much. the russian ruble has plunged to a two-year low. we welcome from moscow gregor

here's emma chandra. emma: the u.s.nflation report underpins expectations that they will raise rates next month. it rose 2/10 of 1% in july, meeting estimates. the core year-over-year gauged 2.4%, the biggest jump since 2008. the british economy bounced back with the annual rates of 1.5%. the bank of england estimates that is the economy speed limit. the dominant services sector lost momentum new the end of the quarter however. june services output was unchanged. it appears the trump administration will come up short of its goal of blocking all sales of iranian oil. the forecast was just a 50% cut in iranian exports when it really poses sanctions in november. a significant reduction would be a blow to iran's economy. in southern california, more than 20,000 people have been ordered to flee a wildfire moving dangerously close to their homes. one has already been charged with setting the fire. in northern california, fire crews have reported more progress in containing the largest fire in the states history. it has destro

emma chandra is here.has been a escalation in the dispute between saudi arabia and canada. depomed ofsuspended ties and halted investments rates. the canadian ambassador to saudi arabia criticize the saudis for arresting women's rights activists. the saudis told the ambassador a 24ave the country with hours. the president claims he has the upper hand in the trade dispute with china. beijing does not think so. an editorial says china is prepared for a protracted trade war with the u.s. and says the nation is ready to go through the economic fallout. another challenge to the european union from italy's deputy premier. he says the government will not populistrules block it program. he says it will be fine if italy can refinance. lethe said he will not rules stand in the way. global news 24 hours a day on air, and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am emma chandra. thanks. the federal reserve has given tory indication it plans keep raising rat

thank you, emma chandra. let's get to first word news with mark crumpton. appeals courtl says the trump administration endangered public health by keeping the top-selling pesticides ♪ pesticides on the market. despite scientific evidence that even tiny levels of exposure can harm babies brains. the court of appeals in san francisco has ordered the environment protection agency to remove it from sale in the united states within 60 days. trial resumeds today and virginia. prosecutors are expected to offer witnesses for two more days and focus on the ninth fraud bank accounts. manafort is accused of unlawfully securing more than $20 million in loans from three american banks. that is in addition to the charges of tax fraud against him. the senate judiciary committee has posted documents from spring court nominee brought caps on is time working under president george w. bush. the panel says it expects to produce more than 125,000 pages related to cap in a's stance in the white house office. president bush's team determined that the documents do not contain info

emma chandra is here with more. there will be a sale of the company. emma: yes. that is right.a filing that shows the stakes. nielsen to start exploring the process of a possible sale. they say nielsen is undervalued and presents an attractive investment opportunity. you were talking about the moves in the stock price. overngs in decline year-to-date compared to have the s&p 500 has been doing.if you take a look at how the bloomberg is doing , i put the s&p 500 industrials index. julie: wow. why? why had it done so poorly? emma: because of a bevy of bad news. they had earnings last month, and the company lost a quarter of its market value on the back of the earnings. they missed analyst estimates. the company cut its forecast. they cited weakness in the division. they have been doing really very badly. there were a lot of analysts who looked at those earnings results, but they did say they are still a market leader, still considered to be the gold standard so there is the potential room for growth or for getting back there. one of the busiest active investors. they also rescued

emma chandra is here with more. ma: earnings are reported after the bell for macua.ee their revenue -- macau. you can see their revenue growth took a tumble. you can see them at gtv . the real news was in macau. you can look at where they get most of the revenue from, and most is from the wynn macau and wynn palace, the yellow and green. we saw steep declines at the original casino. revenue fell by 15%. they cited in a decline by betting by highrollers. the palace jumped 57%. while the headline seems good, it seems the new a casino may be cannibalizing the older one. as we look at the sector more acau missed estimates at 11.5%. caroline: caesars also took a hit. vonnie: vegas is suffering a little, too. emma: we are looking at the gaming index falling 4.5% earlier. a number of casino stocks are down. -- ones little caesars is caesars. it closed at 15% down after they said that third quarter would be tough, especially when it came to vegas. they said they would see little to no growth in hotel revenue in the current quarter. we also heard from mgm, the biggest own

emma chandra is here with "first word news." guments are set in the trial of president take a former campaign manager paul manafort. metaphor decided not to testify in his defense -- manafort decided not to testify in his own defense. isitaly, the government calling on the man that runs the highway operator to quit following the bridge collapse. at least 37 people were killed when the bridge crashed down after heavy rain yesterday. turkey is taking more steps to prop up the lira. the currency rose from record lows. tickyent erdogan government imposed higher tariffs on a variety of american goods to retaliate for president trump decisions to put tariffs on turkish deal and a -- and aluminum -- turkish steel and aluminum. global news, 24 hours a day, on air and at tick toc on twitter, powered by over 2700 journalists and analysts in more than 120 countries. this is bloomberg. david: let's say on that story with the standoff between turkey and the united states. turkey has imposed new tariffs on the that the state as well as increas

now first word news with emma chandra. endorsed kris kobach over the sitting governor. he backed kobach, despite concerns from the gop establishment. this could open the door for democrats to win the governor's race. and projections for personnel from using fitness trackers, those that could reveal location. the associated press has obtained a memo outlining minutes for using these devices in certain high-risk areas. italy, closed-circuit tv captured a fatal accident involving a gas tanker on a highway today. authorities are invest getting the cause of an explosion that killed at least two people and injured of the 70 others. the blast to all secondary explosions in a parking lot and the incident caused a section of the highway to collapse. hundreds of tourists stranded in indonesia at the airport as they wait for flights away from island. a tsunami warning issued after an earthquake prompted local visitors to attempt to leave the island, even though the one he was withdrawn. the earthquake killed at least 90 people. some

abramowitz.m lisa time for our stock of the hour with emma chandra. ng at the xl i, almost $13 billion. rivaling1.2% today and financial and consumer staples to be the best performing etf on the day. it's news of china and the u.s. and that trade talks could be back on deck is giving a number of the industrial stocks a bit of a boost today, giving markets as a whole a boost. , if we saw any further escalation in the trade war, president trump having threatened a further 25% tariff on $220 billion of chinese goods . u.s. imports from china are now at about half $1 trillion. the industrial stocks are getting a boost from this approach from the u.s. and china in terms of trade. caterpillar is up over 3%. we know that farmers have been reluctant to invest in new equipment. certainly, crop prices have been falling. i guess they hope that deere and caterpillar could be beneficiaries of any change in sentiment among the farming community. another couple of stocks writing today -- writing today, lucky and going up -- lockheed and boeing up. analysts are saying

thank you to emma chandra. hacking any election.orts of candidates been targets of phishing attacks. isnd bloomberg technology livestreaming on twitter. @tictoc.ow us on this is bloomberg. ♪ selina: this is "bloomberg technology." i am selina wang in san francisco in for emily chang. a democratic senator from missouri confirm she was targeted by cyber attacks. the alleged culprit, the russian intelligence blamed for meddling in the 2016 election. her comments were confirmed that russians have infiltrated the election systems of certain counties. a democrat running in california's june primary was the target of cyber attacks. they are being investigated why the fbi. to continue a look at just how vulnerable american election systems are, i would like to welcome general earl matthews -- he served three decades in the air force, where he directed cyber investigations across the globe. i would also like to welcome our bloomberg cybersecurity reporter. these escalating cyber attacks we are hearing about, and 11-year-old was able to hack

i am emma chandra. you've got two things leading the market, one is the cpi data that came out. since the biggest gain 2008. core is coming in solid as well. airline fares are making a big move. all of that part of the market is being dominated by risk off deal. the dollar continues to rally. jason: coming up, what a day. what a week. it feels like three weeks ago, but elon musk sent out a tweet and said he was thinking about taking the company private. it roiled the market in a different way. we will discuss that with an old friend of mine from the university of chicago. this is bloomberg. ♪ emma: i am emma chandra in the green room. coming up, the open. this is bloomberg. jason: it felt like the story of the week was tesla. elon musk came out this week with a cryptic tweet, saying he had committed funding for a $420 a share eye out. this is the carmaker that he controls. he also has a spaceman as well. we've been trying to make sense of it. let's break it down a little bit more. breaking it down is an

i am emma chandra. this is bloomberg. alix: thank you.k how oil companies are monetizing a midstream assets with the credit suisse head of america origination. you go to him when you want money and you are an energy company. this is bloomberg. ♪ daybreak. bloomberg coming up later today on bloomberg markets: balance of powers, the former u.s. secretary of education. this is bloomberg. to your bloomberg business flash, more legal problems over herbicides made by the german , shares fellnto after california supreme court denied an effort to prevent the state from listing roundup on a list of chemical -- cancer-causing chemicals. a jury last week awarded a man to enter $89 million for his claims that exposure to roundup caused his cancer. bayer says the decision is that also a scientific evidence. star board wants to make changes to semantic, they have nominated five directors, the firm see semantic lagging its peers and previous deals have done little to boost growth. cisco appears confident and overhaul of its computer products will boost

emma chandra is here with more. not exactly a household name. telecom infrastructure company, right? provides infrastructure telecom companies need to operate. telephone poles, cell phone towers, technology that goes with those. it does not report provides infrastructure telecom companies need to operate. second-quarter until the end of the month. the preview was not good, below analyst estimates. they warned about the third the 2019 earnings range $1.50 below what had been forecast. we had a chart here which shows how it fares after earnings. six of their last eight quarters shares have fallen and on three of those occasions, by more than 15%. julie: what is the problem here? >> a number of projects have been delayed. fromw a drop in revenue customers who have pulled back wereending while they waiting for the time warner merger to be approved. the mergeruggested might not be going as quickly as expected. that is supported when you look at other telecom infrastructure stocks. they are also not doing well, all lower on the year. this is something

emma chandra's here to explain why. s areis it that investor finding so appealing? are not renewing contract and that fell in the second quarter, now at 1.4%, which fell from 3.3% in the first quarter. revenues and etf's were also better than expected. dish is facing some central subscriber losses from its satellite-tv service, even though it is less than expected. there is so much competition in this space, sling tv, it's dreaming business, is doing better because it cost less. the margins are not quite so good. we should also point out that this is quite interesting with dish. we said before we came on air, how are they doing, but last quarter they did so badly they fell by more than 12% in the first quarter, and now they are up on more than 12%. it is actually their best earnings day since the first quarter of 2011. scarlet: so expectations were fairly low, and we are still dealing with the structural story of cord cutting, people ditching their $200 a month subscriber bill. do you have dish? emma: i don't have dish. but i know it is expensive. lisa: but as you po

they are having their worst day since -- emma chandra is here. oked pretty good and it looks like our explanation is the cost may be the problem. emma: it was a strong second-quarter be across the board. i have the comparison sales here. it was their third straight quarter of positive growth after 11 of decline. bloomberg intelligence, many of the analysts inc. there was nothing bad. looked like it was pointing toward the company making good progress trying to turn around and realign itself with the changing consumer as they shop more online. investors do not like the costs associated with the change. on its earnings call they can season growth margin pressure in the second half. other people noting they raised their full-year guidance by the amount they beat this past quarter, saying that is very conservative. i spoke with bloomberg intelligence and macy's tends to be conservative with their guidance. all department stores falling on this news. , i haveo the bloomberg the s&p 500 department store index. they are all falling. julie: the other cont

selina: thanks to bloomberg's emma chandra. hacking any election.orts of candidates been targets of phishing attacks. and bloomberg technology is livestreaming on twitter. check us out at technology and be sure to follow our global breaking news network @tictoc. on twitter. this is bloomberg. ♪ phones have made our lives effortless. streaming must see tv has never been easier. paying for things is a breeze. and getting into new places is even simpler. with xfinity mobile, saving money is effortless too. it's the only network that combines america's largest, most reliable 4g lte with the most wi-fi hotspots. and it can be included with your internet. which could save you hundreds of dollars a year. plus, get $150 dollars when you bring in your own phone. its a new kind of network designed to save you money. click, call or visit a store today. selina: this is "bloomberg technology." i'm selina wang in san francisco in for emily chang. last month,, casco, the -- claire mccaskill, the democratic senator from missouri confirm she was targeted by cyber at

emma chandra is happening? , more thanllion deal two years in the making. it is the u.s.'ade commission now indicating once the company -- they want the company to sell more assets before the deal is approved. it is unexpected. the companies have learned been divesting. further asset sales could in fact be a step too fast. both companies stock fell on the news this morning and interestingly, we saw shares of the combined company and they sell over 10% on the news. the deal has already collapsed once before, back in 2016 when german unions said they were worried about job cuts. vonnie: what does the company have to lose if the deal does not go through? >> they lose the opportunity to become the world's's largest industrial gasp it is. the global -- global revenues could -- , many china. in the u.s. and south america, there is the advantage in europe that asia, a combined company, able to rival -- both sides do have an escape clause written into the deal, to many further disposal worth more than $4.3 billion, they could exit the deal and not pay a penalty but i do not think

emma chandra has breaking economic data. taking a look at u.s. wholesale inventories. they rose by .1%. estimate has been for unchanged. they were unchanged last month. more goods are being stored rather than being exported. u.s. wholesale inventories for june rose .1%. looking at the summer doldrums. not much change across the dow jones, s&p or nasdaq. the nasdaq squeaked out a small gain yesterday. at an eighthooking winning day for the nasdaq? seasonstill in earning and we have a few companies on the move. we've got yelp, roku and viacom. after the company had stopped tying advertisers to long-term contracts and that seems to have really fueled growth. revenues grow by 11.9% year on year. earnings rising 33%. investors pretty happy with that. offset game is likely to yelp's to date call of about 9%. up by almost 4% today. placerror film a quiet has been fueling the gain. this g chart. semiconductor index of stocks outperforming both s&p and the tech sector. morgan stanley out with a note today adding to its barest call on tech last month. it sees trouble ahead for s

a stock of the hour with emma chandra. he retail select spdr etf we have it here, almost 2%. we are looking at it because it's retailers return to face. 13%, year actually up to date. of $760 market cap million. consumer discretionary as a whole doing well. take a look at the s&p 500 index. you can see consumer discretionary, the second-best performer, up almost one percentage point. one of the things -- one of the companies that does not helped consumers is home depot. thisreported earnings morning that were better than expected. they also saw the best sales growth since 2013. but nevertheless, there are concerns about the second half of the year. concerns that they will be -- there will be unfavorable comparisons that will cad -- deceleration -- that will see a deceleration and growth. the biggest mover to the upside, the apparel and eccentric companies. tapestry advancing our most 13%. they had a earnings report that beat expectations. michael coors also getting in the list off the back of that similar accessories focus

emma chandra is here. what do investors like about jacobs? >> they like everything. fantastic they beat consensus by 15%. they raise their guidance earnings. they beat estimates by .35 sense. 65% and anns of order backlog, meaning their pipeline is good. see, era space is up by 70% and chemicals up by 33%. we're seeing stocks rising at mcdermott as well. the company recently required ch2m and what we're seeing is the cost savings from that are accelerating. they are seeing revenue synergies. byas reading reports bloomberg intelligence and they were saying the global infrastructure in nonresidential has reimbursed. in for structure investment in the u.s., china, and india will rise 7.8% year on year over the next 10 years. jacobs operates in 25 countries. take a look at the bloomberg. i have got the s&p 500 industrials index. that jacobs in cheering has been outperforming all of them. jec and our is thanks to a much under with our stock of the hour. mark: stocks down for the third day. bigger advanced than it appears for the ftse 100, sterling down, cac lower. investo

emma chandra is here with more. we see the stock higher now.nt lower once the stock opened and now it is higher. >> everyone is digesting it and earnings call been it. it was a home run to be honest. they beat on earnings, revenue, 17 straight quarter they beat estimates. people are taking a positive they increase 8% versus an estimate of 6.5%. look at this chart i have for you in the bloomberg. you can see that this is the highest gain in sales at home -- same-store sales at home depot since 2013. it is the highest since 2013. very welcome news for investors as they happen concern after disappointing same-store sales results from the first quarter because a longer winter. home renovation. the ceo today saying not only does seasonal business rebound from the first quarter, but overall results exceeded expectations. they are very happy. the rival lowe's higher this morning, both home depot and lowe's are often seen as proxies for the housing sector. more onend to spend properties when they expect values to rise. i put another chart for you here

vonnie: that is emma chandra with our stock of the hour. caroline: who doesn't love cheesecake? on european close, we are following stocks until the end of trading. we are down across the board. minors are being hit. -- miners are being hit. vw is down. this is bloomberg. ♪ >> it is 11:00 a.m. in new york, 4:00 p.m. in london and 11:00 p.m. in hong kong. in the trading day. from european headquarters, i'm caroline hyde. vonnie: and from new york, i am vonnie quinn. this is "the european close." ♪ caroline: here are the top stories we are covering. ahead of the fed decision, jay powell expecting to keep rates on hold ahead of a potential hike in september. then we hear from the ceo of vw as they won it will take a huge effort to meet targets this year. rio tinto shares fall as a sales disappoint. we will hear from the chief executive of the second world -- of the world second leading miner. european markets, 30 minutes until the close of trade and we are down 4/10 of 1%. and why? trade t

lisa: thank you so much emma chandra.rk carney speaks out after the bank of england raises interests and what might be a final pre-brexit push peer group will hear from him next. this is bloomberg. ♪ erg. ♪ ♪ lisa: this is "bloomberg markets." i am lisa abramowicz. torlet: policymakers voted raise interest rates since 2009. governor mark carney spoke with our francine lacqua after the decision. daytrading central bankers is never a great idea. i will not read too much into that. i think the important things from the decision today is we made the decision. appropriate to take rates and the mpc unified on that. secondly, that we do see requirement for a few more rate increases over the next few if the economy remains on this track, to be consistent with that. certainly, -- and we had an exchange at the press conference on this, but i think it bears repeating, which is that i think many in the market recognize that the equilibrium interest rates is lower than it was previously. in the view the mpc. there is a wedge between t

i am emma chandra. this is bloomberg.: the standoff between the united states and turkey continues with neither side ready to back down. spoke severalgan times over the weekend, making plain his determination. >> you're going to sacrifice relationship with 80 million people for a pastor with ties to terrorism but we will do is the law dictates. you cannot make turkey bow down. we have just heard president oregon speaking to get -- president erdogan speaking again. aliriza.e dr. bulent thank you for being with us. explain what is going on within turkey. president erdogan shows no signs of backing down. can he back down? >> he just won reelection on june 25. his party has a majority as part of an alliance with the nationalists in the turkish grand national assembly and frankly, given the centralization of power and authority and direction, he can pre-much do whatever he wants except he has chosen to show defiance in this case when there looked to be the opportunity for a compromise in the last month. continue giving the att

let's get a check on where stocks are trading with emma chandra. at happened in turkey. emma: we are seeing declines across the u.s. major indices as the concern is contagions in turkey, escalating tensions with -- causingending record lows. president or to one spoke on -- resident erdogan spoke on to occasion, but was unable to dissuade concerns. now headed for its worst day in two weeks. this is after we had been looking for a potential new high. today's moves are erasing what had been a week long rally. the s&p had been up, but it erased those gains when president trump announced he was doubling tariffs on turkish steel and aluminum imports in response to what we saw from turkey today. the president's attitude to trade is weighing both heavily on turkey and china. this chart shows that both countries have been hit. the white line is china, the orange is turkey. turkey is actually doing twice as badly as china. the events in turkey also weighing on the banking sector in europe and the u.s. today. we have some banking stocks -- the u.s. banks less

here's emma chandra.hares -- begin trading higher today on the nasdaq after an underwhelming initial public offering. the company finds shares below the market range and raised $208 million. back of the market value of 1.5 billion. in april the company was hoping for a valuation twice that size. that makes the german automaker an outlier among companies that have touched financial targets. china has imposed retaliatory calories -- tariffs. shares of tesla are higher in premarket trading. the electric carmaker burned theugh less cash than second quarter. tesla has ramped up production of its model three sedan and elon musk apologized to the analysts he scorned three months earlier for asking what he boneheaded questions on the earnings call. is your bloomberg business flash. -- that's your bloomberg business flash. alix: coming up, we will talk about the impact of trade on all commodities and their corresponding companies. lots of warnings on conference calls from caterpillar to u.s. steel. and more reacti

. -- bloomberg's emma chandra. we had seen retail start to perk up in the last six months or so.mma: retail seems to have some momentum actually tell the miser regroup with the note today saying retail is not dead and that traditional a pair a lot of harm a stores are looking up in 2018. people are looking for a positive this would into the earnings season for the retail companies this weekend i street, benefiting from strong consumer confidence and send in the u.s. economic environment good. the s&p 500 regional index is up more than 30% year to date in the us are to you which is the 600 retailer etf get a high last week and is of over 13% year to date very there is a lot of differentiation between the sector and our colleagues at bloomberg intelligence say the winners are selected be those who continue to serve a customer who was increasingly shopping online. the e-commerce takeover is still very much the dominant story and the yellow and white lines is electronic shopping and mail-order is doing much better. this ishe caveat with they have amazon netflix. that's why macy's is

chandra, bloomberg news. caroline: and of course that was emma cheddar reporting.for bloomberg business flash. shares of aspen insurance rising after reports that they bought the revit equity -- private -- they offer insurance and reinsurance coverage. shares of next door are rising companye cash strapped failed to secure rescue financing. the loan is dependent on people getting an approval from its investors. whole foods gaining ground against other chains. this is according to smartphone data. for traffic -- put traffic matched stores like traders does walgreens, and dollar tree. that's your is a special day. you need toup, what know for trading day. this is bloomberg. ♪ >> another record day. s&p 500, nasdaq, both at record and we also saw the dow key popping up above a measure as well. u.s. releases international data, one of the first since the trump administration ignited a trade war with china. confidence numbers for august out at 10:00 a.m. tomorrow. >> and don't miss this. tiffany's reports second quarter earnings. that's up next. >> have a great evening.