Eric shawn. At effort to bar Chinese Companies buying up farmland gaining traction on capitol hill but lawmakers warning to beijing may gain control of our food and Energy Supply as it tries to steal our agriculture technology. All of this astute navy sailors or charges week with selling sensitive military secrets to chinese intelligence agents. Both were stationed in california. One of them served on the uss essex in san diego. Xbox live chairman of the House Select China Committee Mike Gallagher standing by for it less first go to Christina Coleman who has more on the two sailors charged with spying for china. Christina what more can you tell us . Hi arthel. Federal Officials Say these two cases demonstrate chinas determination to our countrys National Defense. One of the dependence is mayorkas 38 u. S. Citizen born in china prosecutors say served on the Amphibious Assault ship uss essex and sold National Defense information including photos, videos and technical manuals to his a chi
Adam we are stumbling out the first day of august, examining a market with awaiting streak here. It is looking that way, the dow not so much, the other averages, the major averages up appreciably, the dow is sort of the lag or of the bunch, 7 year to date. When you look at what the nasdaq is doing, the s p, 20 , theres a big come back in stocks. We get a read of how individuals are doing. Dave ramsey, who is good at what people do with their money, worried about a developer and out of the white house today, student loan relief, if the government, the Supreme Court says no, they are trying to work around that. We will talk to him later in this show. I want to go to what the c makes of this rally that is going on and how we started the year can continue for the rest of the year. What do you think . The old adage is sell and demand go away would not have been successful this year. It is almost 10 . This rally surprised a lot of people. The data that has come out, inflation coming down, gd
The republican nomination. Hunter biden basically said everything were doing is about my fathers last name. Value he brought to the Business Operation they were involved in was the biden brand, powerful political figure in d. C. Bidens ban on a certain light bulb is officially in effect. They are forcing you to do it how can you dictate what we do. It bans the sale of all new incandescent bulbs in favor of more energy friendly alternatives. Massive heat wave keeping a grip on the south this week. Threatening to set new record highs. Im use used to it. And there is no relief in sight with forecasters expecting august to bring more heat. With the Mega Millions lottery over A Billion Dollars. The dreams of winning our big. These are the wins. While they are still in line. I have never won anything in my life. About time. This is the part when i say i dont want to im stronger than this is the part [applause] ainsley we decided to take this show out here on the fox square. The melting pot,
Stuart this is my Favorite Song to get the show moving start me up at the great and glorious Rolling Stones there still performing in the 80s but start me up is a good opener, the 10 00 oclock hour, good morning it is 10 00 oclock eastern, straight to the money the dow is now up close to 100 points a very small loss for the nasdaq composite we always like to check nvidia thats the stock of the year so far it is up a little bit more, 789 is up a dollar which is. 14 but it is up after last weeks huge gains, the ten year treasury around four and a quarter above four and a quarter, fourpoint to 6 , bitcoin was 51000 its 517 as of now, we just got it the latest read on new home sales important distinction home sales. A surprise drop, the number 661,000 new homes sold seasonally adjusted annual basis in the month of january expecting them to go up the actually went down i mitigate to the median price for january of this year 420,700 that went up by 7000. 661,000 new homes sold on annual basi
Breaking news at 6 00 a. M. On the east coast, special counsel jack smith indicting President Trump on four charges of obstruction of justice related to the january 6th capitol riot. The former president now facing an unprecedented three indictments for his cases on storing classified documents, falsifying Business Records and now defrauding the federal government. All of this coming just one day after hunter Biden Associate devon archer told the House Oversight committee that joe biden participated in at least two dozen calls with foreign Business Partners, contradicting joe bidens claims. The doj doing little to slow down any momentum in the Trump Campaign as the New York Times, Sienna College poll puts donald trump in a dead heat with joe biden in a hypothetical matchup. Everything you need to know this morning and what else is coming all morning long. First, markets are in the red, fitch has downgraded the United States Credit Rating to double a plus, thats down from triple a statu