Very good morning to you. So we're busy waiting for nonfarm payrolls. One and a half non-farm payrolls.Looking at us features a little bit weaker, weighing on sentiment for tech here in Europe as well. What do you make of the price action heading into the yet important data points. It's been very disappointing price action and I think this kind of choppy price action with a negative bent is going to be the dynamic for the festive period.I don't think it's so much about the jobs data. I think the job today i ...

A glimmer of hope for young professionals trying to get a foot on the property ladder in London. Apartments are at their most affordable level in 12 years for your typical worker. While properties in the capital are still extremely expensive, taking that first step into home ownership is now a little less daunting.Apartment prices have fallen below nine times the annual earnings of the typical London worker for the first time in 12 years. That means in real terms, London flat prices are 22% cheaper than the ...

How would you you follow this obviously, at a granular level. How would you sum up the year in gold. There's been a remarkable year.It's kind of been one of those periods of time when gold, I think, has managed to punch its way into the mainstream of kind of the the debate in financial markets. And I think that has been mostly just a reflection of its price. You know, it's set it's up about 63% now or something like that, which, as you say, is its best year since 1979.And then I think as well as that, I thi ...

A lot of positive sounding rhetoric. What underscores that what happened in these negotiations. Yeah, very positive rhetoric indeed.I mean, Trump saying that they are closer than they have ever been to a peace agreement in Ukraine. I mean, we can also say to that we've never really, ever been close. So may not be saying a whole lot, but according to some of the sources that we spoke to on the US side of those negotiations, they said that a consensus was reached on about 90% of the points of this peace agree ...

The gun law. Part of the debate is perhaps the easiest part. I mean, there is a popular misconception internationally that guns are illegal in Australia.That's not correct. Just certain types of guns are a subject crime. Who was shot dead by police on Sunday owns legally six firearms.He also a member of a gun club and held a firearms licence. So that's led to a debate that perhaps gun laws need to be tightened. Perhaps those licences should be reviewed periodically if circumstances change and in the case of ...

A lot of times we've made humans follow such rigid instructions in the contact center that they've basically become bots themselves >> because they're reading scripts. >> They have to, right. Especially in these like financial services, healthcare, utilities, they have to follow these rules at which point they're no better than technology and at that point you might as well automate.>> Um, help me square the circle on the on the jobs question because you said you can now your agents are now taking the place ...

Bulletproof glass in all the windows and ballistic panels in the doors and ceiling. In Brazil, a booming industry is quietly transforming how people navigate their daily lives, turning ordinary cars into armored vehicles. Brazil has one of the world's highest murder rates.And for many Brazilians, this is their response. They're armoring their vehicles [music] at a record pace, fueling a $660 million business. You may not even know you are looking at one, but nearly 400,000 armored cars blend seamlessly into ...

Market Trends & Economic Data - Investors are preparing for more information on the US economy, with stocks, bonds, and the dollar wavering [3] - The week will bring economic data releases, including inflation and jobs reports, influencing future Fed policy [4] - The US Treasury market is debating the extent of Federal Reserve interest rate cuts [12] - Delayed announcements of monthly employment and inflation figures due to the US government shutdown are creating a void [13] - There's a debate on whether the economy is transitioning from deleveraging to re-leveraging [40] M&A and Corporate Strategy - The pursuit of Warner Brothers Discovery by Netflix is ongoing, with concerns about job losses and theatrical releases [5] - Netflix co-CEOs are trying to reassure employees about the company's bid for Warner Brothers Discovery, reiterating no business overlap and studio closures [59] - Global M&A activity has been strong, with volumes at $45 trillion, setting up for 2026 to potentially exceed the record year in 2021 [78] - A potential Netflix acquisition of Warner Brothers could be a $827 billion deal [60] - iRobot filed for bankruptcy, with its common stock to be wiped out under the proposed Chapter 11 plan, listing between $100 million and $500 million in assets and liabilities [118][120] Energy & Utilities - National Grid is spending billions of dollars to prepare New York's electric grid for a generational shift, including data centers [93] - National Grid serves over 4 million customers in New York, delivering natural gas and electricity [97] - Cumulative power needs from companies wanting to connect to the New York grid over the next five years are estimated at about 10 gigawatts, tripling in size in one year [99][100] - West Texas Intermediate crude oil (WTI) is down 13%, at $5674 a barrel [92] Cryptocurrency - MicroStrategy acquired almost $1 billion in Bitcoin for a second straight week, despite the cryptocurrency falling [124] - Bitcoin is down 23%, at $86,432 [10][92] - Bitcoin is down about 30% from an all-time high of just over $126,000 in early October [126] Financial Markets Performance - The Dow, S&P, and Nasdaq are all in the red [8][55][56][91][115] - The Bloomberg Mag Seven index is holding onto a gain of 4/10 of 1% [8] - The S&P 500 index is down 1/10 of 1%, lower by six at 620 [9] - The NASDAQ composite index is down 3/10 of 1%, while the Dow Industrials are down 2/10 of 1% [9] - The ten-year Treasury yield is currently at 417%, with the two-year at 350% [9] - Gold is up 4/10 of 1%, at $4314 the ounce [10] - The Russell 2000 index is declining, down 6/10 of 1% [55] - Gold is up $13 the ounce, at $4312, up 3/10 of 1% [56]

This is a major pivot to say the least, but I think we could all see it coming uh because the consumer basically helped make this decision for you. Tell us what what what's driven uh these plans. >> Well, as you said, it was really the customer changing their decision.You know, we saw hybrids really take off last couple years like, you know, last month uh about well, we had 30% increase in our hybrid sales. We're now number three in our I think we're 80% uh hybrid uh market share in trucks. So we saw this h ...

Just a few minutes ago, we learned that Ford is undergoing a sweeping overhaul of its electric vehicle business, and it's going to amount to about $19.5% billion in charges. It's also going to include scrapping its next generation electric F-Series truck as the shift gears to a hybrid. Joining us right now to talk a little bit more about this is the host of Bloomberg's Open Interest, Matt Miller, and he brings along with him the CEO of Ford, Jim Farley.Jim, thanks very much for joining us. This is a major p ...