Slowing Global Growth. There were a couple of officials felt it was a close call. Besides casey, president esther george, and bostons rosengren, appears those two were only dissenters. They were in favor of a rate cut last meeting. Several thought cutting rate would better align the fed fund rate with the yield curve. Officials saw trade tensions easing somewhat last meeting, they still view trade tensions, slowing Global Growth as prominent risks to the outlook. They are monitoring those carefully. They expect to continue to weighing on manufacturing, Business Investment. Theyre watching to see whether that spills into the job market and whether that can hurt consumer spending. Speaking of the job market. There was robust discussion on that. Officials were talking about whether the pace and slowdown of the job market is a sort of a natural occurrence that could relate to full employment or whether it is because there is a loss in momentum. Also on a note, very interestingly, fed Offic
Ill have to put a clear process in place and fix whats broken. You cant tell somebody else how to run their house when you cant run your own house right. Otherwise, this wouldbe empire will be a big, fat bust. Kathleen tell him, this is my livelihood. Lemonis my name is marcus lemonis, and i fix failing businesses. If you dont like money, dont follow my process. I make the tough decisions. Were closing the store. Were done. Im not talking about it anymore. I back them up, spending my own money. Its not always pretty. Man perfect flavor. Lemonis . But this is business. You got to trust the process. I do it to save jobs, and i do it to make money. Thanks for your business. This is the profit. Just about 15 miles south of pittsburgh in a small town called mcmurray, pennsylvania, theres a fast casual restaurant known as my big fat greek gyro. Michael what can i get for you . Woman gyro and fries. Lemonis husband and wife mike ference and kathleen kamoyerou. Kathleen they prefer our sauce.
Theres no question that las vegas is the gambling capital of the u. S. Here on the strip, four publicly traded Companies Control 20 different casinos. And for them, everything is highstakes. Most are camerashy, but after a lot of negotiations, this one opened its doors Caesars Palace. How are you . Mr. Lemonis, welcome to Caesars Palace. Are you steve . Im steve shakerian. Nice to meet you. The pleasures mine, sir. Im really excited. Lemonis look, i dont consider myself a highlevel vip, but they gave me a dedicated casino host anyway. Mines steve. Were gonna take you over here to platinum vip checkin. We headed over to the front desk. How are you . Welcome to Caesars Palace, mr. Lemonis. I got a room key and a loyalty rewards card. Because youre a premium guest, weve upgraded you to our diamond card. So i could start earning points on all the money im about to spend, starting with my room. [ elevator bell beeps ] we took an exclusive elevator to the 29th floor. This is what 3,400 a nig
Later, chipotle, one of the best stocks the ceo will join us power lunch starts right now welcome to power lunch check out the markets and the performance here today the record rally hitting a roadblo roadblock. Hanging onto gains ever so slightly here. Take a look at microsoft that stock hitting a fresh record high today. Its now up 50 so far this year well have more on that later. Tech stock really on tear having the best year since 2009 up about 41 bill, over to you. Thank you we start with two of the big movers today kohls and home depot. Accounting for nearly all the declines today both stocks sinking after slowing in sales are these retail reality check lets head over to bob for more on todays retail wreck. Hello good to see you. This is a difficult question right now because there was a lot of questions on the Conference Call about this home depot sales missed to what they call timing of certain Investment Initiatives whats that all about . Its up almost 40 for the year. Now its
Theres no question that las vegas is the gambling capital of the u. S. Here on the strip, four publicly traded Companies Control 20 different casinos. And for them, everything is highstakes. Most are camerashy, but after a lot of negotiations, this one opened its doors Caesars Palace. How are you . Mr. Lemonis, welcome to Caesars Palace. Are you steve . Im steve shakerian. Nice to meet you. The pleasures mine, sir. Im really excited. Lemonis look, i dont consider myself a highlevel vip, but they gave me a dedicated casino host anyway. Mines steve. Were gonna take you over here to platinum vip checkin. We headed over to the front desk. How are you . Welcome to Caesars Palace, mr. Lemonis. I got a room key and a loyalty rewards card. Because youre a premium guest, weve upgraded you to our diamond card. So i could start earning points on all the money im about to spend, starting with my room. [ elevator bell beeps ] we took an exclusive elevator to the 29th floor. This is what 3,400 a nig