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Showing posts with label China set to overtake US economy.. Show all posts
Showing posts with label China set to overtake US economy.. Show all posts

Apr 30, 2014

CNBC Morning Squawk - April 30, 2014: China set to overtake US economy.

In the news today
French group Alstom is considering General Electric's (GE) $13.5 billion bid for its energy unit, while Siemens of Germany sweetens its competing offer. (CNBC)
China is set to overtake the U.S. as the world's number one economy based on purchasing power as soon as this year, according to a new study. (CNBC)
Americans disapprove of President Barack Obama's handling of the economy by a 54 percent to 42 percent margin, a new NBC/Wall Street Journal poll shows.(CNBC)
Readings on economic growth and private payrolls should trump the Fed’s expected tapering decision today, as investors look for direction. (CNBC)
No. 21 on the CNBC First 25 list of business-influencers, former Citigroup boss Sandy Weill shares his views on the economy, the markets, and banking with "Squawk Box" at 7 a.m. ET.
As the Dow approaches a record high, “Dr. Doom” Marc Faber says the U.S. market is still set for a dramatic correction this year. (CNBC)
Twitter (TWTR) beat estimates with its quarterly results, but its stock was slammed in premarket trading today on user number worries(CNET)
Apple (AAPL) has completed its second blockbuster bond sale in a year, tapping robust investor demand that has propelled corporate debt in 2014 to a larger gain than U.S. stocks. (WSJ)
As potential buyers of the LA Clippers line up in the wake of owner Donald Sterling’s lifetime NBA ban for his racist remarks, actor Matt Damon told CNBCthat he’d be interested.

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