seachange in the industry. about how many people are cutting the cord. the earnings we're getting seem this is finally percolating to the big media companies. discussed earlier this hour with paul sweeney. thank you, julie with some early movers. tesla way down. this, some ofture the best images we have seen in the past 24 hours. you might not have to imagine this. eleanor roosevelt on the $10 bill. in june, the u.s. treasury announced a woman will replace alexander hamilton on the bill. a recent poll ranked mrs. roosevelt as the front runner to chief and -- spent 12 years as first lady in the white house. traveled the world as an advocate. harriet tubman was the second choice and sacajawea was the third. you have got to say, you go girl. erik: when we come back, john just completed a $3.4 billion bank deal. ♪ >> live from bloomberg headquarters in new york, this is "market makers." erik: good morning. i'm erik schatzker. i am stephanie ruhle. it is thursday morning and sunny in midtown down at -- manhattan. er

merkel noted the seachange. insistedme time, she she could not guarantee anything. not know if this third bailout package, if it passes, but six billion -- 26 billion will get shipped in the first package. she has her finance minister, he is for the deal. aret of german newspapers reporting it is a part of a debt relief. the average majority would be a 60 year majority -- the average maturity would be a 60 year maturity. mark? mark: if i live another six years, that will be a miracle. i will see you later. good to see him back. rose.half revenue and record level -- a record number of -- the chief executive spoke to bloomberg. he gave his view on how the housing market will handle a bank of england rate rise. >> we are in a situation where paying a mortgage is relatively stable. affordability is there for good. we recognize industries are on the rise. it will be gradual and modest. we believe the control within the mortgage market will be forced to accommodate those rises and interest rates. our business is capable of dealing with those rises as we invest. mark: elli

mark: is this a seachange? shying away from this for a couple of years and abandoned it completely and you look at amazon that is very successful in moving into all kinds of businesses and employing a specific corporate culture that some people might describe as rank and yank on steroids. it feels like that sometimes. there has been pushed back from other people. on all of social media which we will discuss. mark: i will see you in a few minutes. thank you for everything! -- what about straight out of fu? why the largest company in north america is building a new mine from scratch? ♪ mark: welcome back. let's take a look at the market close in asia. the survey of economists shows what many have long suspected, that the chinese economy is growing more slowly than official data suggests. stephen engle reports from hong kong. economy likely grew at 6.3% in the first half which is a median estimate from economists and contrasts with the 7% reported by the government. the official full-year target a 7% at the same e

a seachange today? tell us what is going on. support is only part of the story. news today was the bad news about brokerages. in terms of state support, the question is not only whether or not china will continue to support this market, but whether the measures are working at all. some of the biggest brokerages fell more than 7%. the government has ordered 50 brokerages to pony up to $60 billion for the stock market rescue fund. executives have admitted to insider trading. more bad news for the brokerage industry. in terms of state support, look at what has gone on over the past week. the first two days of last week, the china composite fell more than 10%. we heard the government say they would continue to support the stock market and a big rally last week. today, reporting that the government would scale back large-scale purchases. we do not know whether or not the government will continue to support the market or not. what we do know is that investors are getting increasingly pessimistic about the stock market. there is options are at their highest level versus

the reporting requirement would be a seachange from the current practice as schools commonly handle allegations of assault independently. no word from the house or senate when either of those pieces of legislation may make that floor. with a limited schedule coming up in september, housing returning on september 8. jose.go to massachusetts, you are on the air. crazy thatt is just all these girls are getting raped and nothing is being done about it because the colleges act like their own little mini principality, and they just clean everything out. if they caught that other guy in congress for murder, what is his name? skakel? got him for murder, they should be able to catch somebody for rate. i do not want my girls to be scared of a dude in a ski mask. host: you have daughters in college right now? caller: not right now, but when i said that the college i want that to be already dealt with so they can be heard and listen to and it can be taken up seriously instead of having somebody kid with it. caller: thank you for taking my call. i was impressed with the speakers. i think one of the areas th