Of trade, the nasdaq down by five points. So there you go. Welcome to after the bell i should say, im connell mcshane. Melissa im melissa francis. Here is what is new at this hour President Trump at the United Nations Holding Meetings with several World Leaders today, including one with the president of egypt of the president defending private talks with the ukrainian president about joe biden as tensions with iran continue to escalate. Well bring all the breaking headlines from President Trump at this hour. Four months of demonstrations in hong kong as the city is on edge ahead of chinas 7 this anniversary celebrations. Well later this hour speak to one of the organizers of the protests fresh off her meetings with lawmakers in d. C. On the movement and what demands need to be met. Apples commitment to manufacturing. Details of the tech giant latest investment in america. Connell fox team coverage. A lot going on. Jackie deangelis on the floor at the new york stock exchange. Blake burm
Pentagon officials at the white house after slapping sanctions on Irans Central Bank, calling them the highest ever i am imposed on country. Well bring all the headlines from the white house. Flood from texas. A Tropical Storm overwhelming the area. They fear it may become worse than Hurricane Harvey in some spots. Were live on the ground as residents are trying to pick up the pieces. Tim cook greeting apple fans at the store here in new york. Were looking at reopened flagship store. Were live on the scene later in the hour. Melissa fox Business Team coverage keeping track of todays coverage. Blake burman live at white house. Gerri willis on the floor at the new york stock exchange. Phil flynn is watching oil and bold gold from the cme in chicago and Edward Lawrence from the newsroom. Reporter it was deputy level chinese negotiators, canceling or not going a trip to u. S. Farms got the market turning down. One thing to keep in mind all of this, this is deputy level negotiators below th
Team coverage at this hour. Gerri willis on the floor of the New York Stock Exchange. Edward lawrence is live at the white house and phil flynn is watching the action in oil and gold at cme. Edward, first to you. Reporter melissa, lets talk about tax cuts 2. 0. The white house pushing another tax cut plan. Today at the retreat at the Republican House retreat in baltimore, white house Economic Advisor larry kudlow laid out the plan and said its coming. We will gather together the best ideas from the hill and from the administration and outside folks to provide significant new round of middle class tax relief. This is not a recession measure at all because i think the economy is very strong. Probably we might put something out, sometime middle of next year. Reporter Senior Administration official says some elements in the tax cut would extend the existing cuts beyond 2025. When they are set to expire, that includes on your screen, lower marginal rates, double the standard deduction, exte
Luxury gym equinox and soulcycle, despite the growing calls to boycott his businesses. We have the latest response from President Trump. Plus campaign tradition in full swing. 2020 democrats at the iowa state fair. It is not all fun and games. We have the latest from des moines, one group is calling on its representative to spend a little more time at home doing his main day job. The hong kong airport once again occupied by hundreds of demonstrators as police brace for the 10th straight weekend of protests. Fox Business Team coverage. Edward lawrence is live at the white house, Jackie Deangelis is on the floor of the New York Stock Exchange and phil flynn is watching gold and oil at the cme. Edward, lets kick it off with you. Reporter you heard it here President Trump says he is not ready, were not ready for a trade deal with china. The president unloading on the chinese earlier today, say tag china needs a deal. China is doing horribly, horribly, first time anyone can remember. They a
Why that might be easier said than done. A growing debate over the next steps the white house may or may not take to avoid a downturn in the economy. Were getting mixed signals on the strength of the economy. So we start in this hour with Jackie Deangelis who is here in the studio to lay it all out for us. Reporter connell as recession fears linger, concern over the trade war keeping a lid on optimism, especially today. This is big week for retail. Home depot earnings were in focus. Home depot numbers beat the street. A reminder of the thorn in the markets side. Home depot is worried that the trade war a new round of tariffs will cause Consumer Spending to slow down. It. J max, positive report was dampened by earnings guidance. Numbers were under wall street expectations. Headwinds to consider here, global slow down, europe, china, parts of europe, bond yields continue falling, continued flight to safety less proannounced than last week, fundamentals pretty strong. Gdp more than 2 . Ju