Of 131. 10. S a bit ago, we crossed the 3000 fed for the s p 500 on the chairs remarks. The 10 year yield at 2. 06 right now. Dq a day be interesting. Q a will be the interesting. We will see if that moves anything. Terms of analyst action, deere is down about three quarters of 1 . It had a huge move higher over the last few months, up 20 or so. Analysts saying maybe that is baking in the full valuation now. Comcast up 2. 1 on an upgrade now as well. Guy Jerome Powell is in the room. We will take you there very shortly. Stoxx 600 up, the euro up come of the german twoyear narrowing its losses on powell. It really is the only story this afternoon moving markets. The dollar is down, stocks higher, bonds a bigger move in the United States then here in europe, but the gravitational effect of what Jerome Powell said in his statement is having a big effect around the world. Vonnie on a slightly different note, lets take a look at a live event in new york city, a tickertape parade, not to rub
The committee will come to order. Without objection, the chair is authorized to declare recess of the committee at any time. This hearing is entitled Monetary Policy and the state of the economy. I recognize myself for four minutes to give an opening statement. Today this committee convenes for a hearing on Monetary Policy and the state of the economy. Chairman powell, welcome back. Today i would like to start by addressing the current elephant in the room when it comes to Monetary Policy and the fed. This president has made it clear that he has no understanding or respect for the independence of the Federal Reserve. He has said the fed, quote, doesnt have a clue, quote, unquote, called it the most difficult problem for the u. S. According to media reports, he discussed firing chairman powell because of policy he doesnt agree with. Lets be clear, it is essential that the Federal Reserve maintain its independence from the executive branch. So i urge chairman powell and other Federal Res
Lets get going. 195 million, close to 200 million under heat watches or warnings. It could get worse over the next 24 to 48 hours. Jackie deangelis on who stands to be impacted. Hey, jackie. Reporter neil this is the calm before the storm if you will. It is not quite sweltering out here in times square just yet. Temperatures here, across the country, they are going to be at record highs. It is important that everybody is ready for this heat wave. 290 million americans are expected to see temperatures of at least 90 degrees this week. The humidity of course, remember makes it feel much hotter than that. Temperatures in the northeast will be 10 to 15 degrees above average this week. At least two dozen states, they are currently under a heat alert. Here in new york city the Mayors Office issued a extreme heat emergency declaration. It is so severe, that the new york city triathlon actually can sell for the weekend. That is the First Time Since it started in 2001. We caught up with some fo
Their candidate to before. Field organizers who currently make 36000 a year told the post they work a minimum of 60 hours a week which works out 13 an hour. Union members say in a drafted letter that this is to be expected. It is expected to be expensive of a campaign manager, theyre barely managing to survive financially which is severely impacting the Team Productivity and morale. Some field organizers have already left the campaign as a result. Lets start with you zachary. It is certainly not particularly good optics. Sanders has been good about raising a lot of money. Its not like they cannot pay this amount. They are not a bootstrapped campaign. It is a little puzzling that he would not put his money where his mouth is literally. It is money that he has and money that you can pay these people. Not the best pr knowing to mankind with Bernie Sanders and his compete. Gary, your thoughts . The great thing, its a learning lesson. I will paraphrase, give the definition of a conservative
And not have it put out in the public domain. Skirmishes have broken out between demonstrators and police in hong kong, after another large scale protest against chinas increasing control over the territory, International Condemnation of irans announcement that its breached another condition of its 2015 International Nuclear agreement. The Jodrell Bank Observatory in cheshire which has been at the forefront of Astronomical Research is declared a unesco World Heritage site. In the past five minutes, the United States have won the 2019 womens world cup. They beat the netherlands in lyon, 2 0. Its the fourth time america has triumphed. Lets go straight to olly foster in the bbcs sports centre. And they are a very worthy champions. They simply overpowered the netherlands, the only oddity about this World Cup Final, which was a sell out, by the way, over 57,000 in attendance, to see the now four time champions, as it was goalless at half time but itjust turned on a couple of goals within tw