Contrast with their house of representatives counterparts nunes and schiff. First hearing set for tomorrow. They are on their way. This is President Trump focuses on health care and says lets have a doover. He is promising he and congress can come up with a deal that satisfies all republicans and yes, youre hearing me right, he includes democrats in that as well. And top gun hhs secretary tom price bringing the case for reform back to capitol hill but is Congress Ready to play nice on the president S Health Care and tax reform agenda . Fair and balanced. Ohio republican congressman and california congressman John Garamendi, the gentlemen battling it live. Can President Trump bring peace to the middle east in the controversial u. S. Ambassador to israel will be sworn in two hours from now. This as thousands gathered at United Nations today where i had the honor of emceeing a summit aimed at defeating the Global Movement to economically and politically boycott and isolate isel. Wait unti
Welcome to power lunch. Im melissa lee. Stocks right now are mixed actually all in the red right now. Amazon, though, hitting a new alltime high in todays session. Same for tesla, that stock trading above 300 a share for the first time ever. And take a look at gold hitting its highest level since february 27th. Tyler . Melissa, thanks very much. Im tyler mathisen. Glad you could join us on a rainy tuesday in new york. Here is what else is happening this hour. The u. S. Trade deficit falling in february as exports climbed to a twoyear high. Cleanup efforts under way from texas to the taerls after another stripping of severe storms ripped across the south. Five stormlegalitied deaths reported. And tony romo apparently hanging up his helmet and cleats for a microphone. Espn reports the cowboys quarterback will end his 14year nfl career and go into broadcasting. Michelle . Welcome to the business. Thanks, tyler. Im michelle carusocabrera. We have a lot to do today. We begin with a big head
At post 9. Also today, the president and ceo of the aspen institute, walter isaacson. Walter, good to see you again this morning. Good to be back with you. Our top story today, one weve been following pretty much all week. That is the moment of truth that social media is going through following Donald Trumps president ial win one week ago. In the last 24 hours, twitter has suspended a number of accounts associated with the altright Movement Just as it announced a new effort to crack down on hate speech. And in the fight against fake news on social media, tech executives from alphabet to linkedin say mistakes were made and the valley has to do more. At google, weve always cared about bringing the most relevant and accurate systems to users and thats where almost all of our work goes at the end of the day. When i look at it, its important to remember, we get billions every day. There have been a couple of instances where its been pointed out and we clearly did not get it right, and so it
Profitability. It all comes down to cost cuts. Hsbc heading annual cost of bout 5 billion. Jonathan he had a bit of a message for the bank of england. Alix and it come downs to the Retail Banking sector. Were going to have a big interview in the next three hours, talking commodities with the new man in charge over at oy tinto rio tinto. You look at overall at the arkets, it seems to be a risk. Jonathan s p 500 futures marginally negative. In europe, its the ftse 100 thats soft but no drama. Hsbc stands sure leading the gains. In the f. X. Market, this is the one to watch as the cable rate against the u. S. Dollar ahead of the bank of england decision. We are positive on the day but we trade at 39. 78. And ahead of pay rolls friday, ahead of the bank of england decision on thursday, yields coming in on 30year treasurys and off 30year gilds as well. Alix time warner increased its full year outlook and a 10 investment in hulu. You can glean it beat on earnings coming in at 1. 29 a share b
Celebrate the fourth of july but will Mother Nature cooperate . Sue serio has your holiday forecast. That seems like a perfect transition on this fourth of july, right to sue serio. Anything you want to do, do it as early as possible. You know im new. I had my first wawa welcome america concert. Have you ever guys cancelled it. No, you do not cancel. I have watched fire works in the driving rain storm. They will have the concert rain storm. Some people standing in the rain. If you have a patriotic picture, what do i mean by that . Youre dressed up like monte g. Hey monte g. He is dressed as a flag. If you are dressed up in patriotic stuff, send it in and we will broadcast that to the rest of the delaware valley. Or if you have anything you are preparing for, maybe people will cook out and get things ready. Yes. More embarrassing the better. Sometimes people think it is cake and strawberry and they make them look like the stripes. Yes. All kind of ways to be patriotic and we are doing y