Oil is back below 48. Our roadmap begins with more volatility after last weeks postbrexit rally easing capital requirements. Plus, tesla deliveries come up short. The stock is down 4 . And the u. S. Are passing sued i arabia and russia in oil reserves, and falling below 50 even in the wake of those terrorist attacks in saudi arabia. Both oil stocks and futures moving slower than Economic Growth after the u. S. Equity markets posted their best weekly of the year. The dow and the s p gained 3 . Last week we used the term roller coaster a lot. And i dont know if you noticed, europe is having a banking crisis. Ground zero is italy, theyve had some issues again with month i depashi, and theyre not dramatically lower, and the situation and what triheyre gog to do with the recapitalization. They could hurt a lot of individual bond holders. Crisis is the right word . Italy is having a banking crisis. Many of their banks are bankrupt. The question is how. January 1, all the rules change. You ha
[indistinct chattering] [indistinct chattering] the funeral mass for Supreme Court Justice Antonin Scalia a has come to an end here at the basilica of the National Shrine of the Immaculate Conception and washington, d. C. Justice scalia will now be laid , thest at a private burial location for that burial has not been announced. The justice is survived by his wife, maureen, 9 children, and many grandchildren. Every weekend on American History tv on cspan3, feature programs that tell the american story. Some of the highlights for this weekend include this afternoon at 2 00 eastern, president Woodrow Wilson nominated a boston lawyer to the u. S. Supreme court great he became the first jewish justice to sit on the nations highest court. Of hismoration nomination, Brandeis University in massachusetts hosted a panel, including ruth bader ginsburg, to discuss his contributions to american democracy. At 6 55, professor joanne discusses the evolution of Political Parties and partnership. Sunda
Into the city will have wet roads, 23, 95. North of town out of New Hampshire, on and off intermittent sprinkles, pockets of drizzle and mist but most of the steady rain is mass pike south. Thats the theme for the day. We hold on to the steadiest rain across southeast mass. Metro boston in and out of the rain through the day. The amount of rainfall on the way, most towns a half inch of rain or less. As we look south of town, were talking about rainfall amounts a little bit more on the order of about an inch to an inch and a half of rain. The wind will be a concern right now out of the northeast 30 miles an hour. That will set up pockets of minor coastal flooding at the afternoon high tide. That is all because of stationary front and High Pressure system. Cold and raw with light rain. Temps in the 50s. For more on the hurricane brie joining us. You can see that cat 4 powerhouse storm in the bahamas but luckily for us, better news as the later forecast tracks have become available to us
Past. With obviously the oil market. Everybody knows goes through ups and downs and peaks and valleys and so in the last few years we have the resources. We build the resources. We build the buffers to help us in sustaining our policies and not disrupting them. So im comfortable well be able to continue that. Hes comfortable but a lot of other people arent. Oil prices are now down about 60 since mid june but that doesnt tell the story of the last week. Over the hastlast week oil prices pick up about 20 . Youre talking about wild swings. A lot of people that rely on oil say they have a tougher time with the massive swings in oil prices. Well be talking more about crude oil in a few minutes. First we have other stories to watch this morning. Heres whats happening. A flood of economic data. Weekly jobless claims. International trade and productive and costs. All of those reports due at 8 30 eastern time and michael kors sirius xm and this afternoon go pro linkedin twitter, yelp pandora, a
The departments relationship with Small Businesses that can take part in the sbirsttr program and it encourages the secretary to enter into agreements with the program at the National Science foundation. Our National Labs have been at the cutting edge of Technological Development and we must always ensure that development is in the national interest. A discovery lost in the labs is a discovery wasted. Thats why id like to thank my good friend, mr. Kilmer, for partnering with me in this effort, as well as mr. Fattah and mr. Nunnelee, who were sfounding founding members with me. Chairman smith and chairman lummis as well as Ranking Members johnson and swalwell were also key in this legislation coming together and bringing it to the floor. This is a true bipartisan, bicameral effort and senators have a similar companion bill on the other side of the hill. I encourage my colleagues to support this bill and i reserve the balance of my time. The speaker pro tempore the gentleman reserves the