Were going to have much more of sara eisens exclusive interview in just a few moments. In the meantime, a lot to look at as stocks hit new highs for the year, about 2 from alltime highs. Bank earnings in focus. Europes mildly positive. Core cpi up 2. 2 year on year and jobless claims hit a new low going back to 1973. First up, wells fargo beating expectations with a firstquarter profit of 99 cents per share, revenues above consens consensus. They say while credit results remain solid, the oil and gas portfolio remains under significant stress due to low prices and excess leverage in the industry. And then b of a exceeded estimates with firstquarter results, put profits down 18 on a doubledigit decline in trading revenue. Not a repeat of the performance we got out of jpl. Going over these quarters all morning, and i have kind of a very simple takeaway, which is that, wow, if these companies were to have a bunch of rate hikes, you know, theyd make a fortune. And if they dont, they kind o
In our direction. Anny hong impacting first the south bay this morning it will impact some of the drivers this morning due catamite you will want to bring the umbrella is once again right now for the moment we are looking at drive cloud conditions potentially some light to moderate rain falling in for san jose in fremont by lunchtime another round of moisture setting of off the coast bring in a few scattered showers by 1 00 potentially with a system like to moderate rain will hold on to scattered showers for the rest of the afternoon at 3 00 as the kids are getting back from school with afterschool activities. Anny hong overnight and into Early Saturday Morning will have more scattered showers moving in and then we will see some really heavy rain and wind starts to pick up on saturday here is a quick check of what is happening saturday widespread rain expected 11 00 saturday morning heavy winds as well that will continue for much of your saturday and it is pretty much a washout. Anny h
The most recent book 1932 the rise of hitler and fdr. Give us a snapshot of what america was like. It was a mass. A great depression. People were stopped from foreclosing on mortgages. Rioting in some of the cities like philadelphia and new york city a bonus march and in washington and a march and it was this uninspiring figure Herbert Hoover in the white house said roosevelt moving up fast but there were questions is he the man for the job . Is the light weight . Not just republicans but prominent democrats or liberals. Is see a light weight . That is what the campaign is about. And giving off conflicting messages. The democratic platform might be a good republican platform in 2016 talks about cutting taxes and spending and rock proceed in and gives a speech in pittsburgh to the right of Herbert Hoover in to the rights of calvin coolidge. And it might even head toward a dictatorship there is an army officer named white eisenhower. He writes in his diary they call me dictator i because
Those things, which makes you wonder, my gosh, is he not speaking because he dont know we need to hear from him or is he not speaking because he doesnt actually want to share his thoughts . Because he thinks they will be unpopular, which makes everybody uneasy. So were already uneasy enough with these messy, horrible things, and now theres this now theres a president who is acting less like a president than an absent. It does no good. It was very bad leadership the past week. Werell have to leave itself at that. The name of the book, the time of our lives, peggy noonan. Thank you [inaudible conversations] peggy noonan, from a column you wrote january 12, 2015, lafayette, we are not here. Here are the reasons the president of the united states, or at least the Vice President , should have gone yesterday to the paris march and walked shouldertoshowered with the leaders of the world, to show through his presence that the American People fully understand the import of what happened in the
No purpose. I think its a terrible piece of work. Seems its deeply flawed. We did things violeting who we are. My name is eleanor, for the last 25 years i was Bernie Madoffs secretary. People look at White Collar Crime. 20 of people buying ivory dont realise its come from elephants. We begin with an Intelligence Committee report on the c. I. A. The report released examines the c. I. A. s secret overseas detention of at least 119 individuals. And the use of coercive interrogation techniques. In some cases amounting to torture. The report says the c. I. A. Misled the public about the enhanced interrogation techniques, which were more brutal than previously believed. One detainee who was chained in a frigid cell died of hypothermia. Some were starved of food. Others kept away for seven days at a time. The report argues that the methods did not lead to lifesaving intelligence. New information shows the 9 11 mastermind was waterboarded 183 times, and he and top leader nearly drowned to deat