Good morning from the studio 57 newsroom at cbs headquarters here in new york. Good to be with you. Im annemarie green. Well, the third democratic president ial debate takes place tonight, and for the first time the top candidates will share the same stage. Ten will face off in houston, texas. Former Vice President joe biden and senator Elizabeth Warren go head to head in a debate for the very first time. Natalie brand is in houston. What can we expect to be the big topics tonight . Reporter well, good morning, annemarie. Voters here say they want to hear about issues central to texas. That includes immigration, recent Mass Shootings, of course we know health care is a big topic nationwide. But whats also unique about this debate, it will be taking place on a college campus. We spoke to students who said they will be listening closely for plans about tuition and education affordability. Ten Democratic Candidates will square off in the Lone Star State tonight. Hello, houston reporter Te
The week as a whole for the three indices. Road map starts with 30 minutes after the jobs number, good news is bad news again. Over 200,000 added in the month of june. That has stock records in the rear view mirror as data may ease pressure on the fed to cut rates. Futures in retreat, moving sharply lower to start the morning. While the u. S. Is on holiday, europe took out the elegant gun on big tech. Both parties in the uk back to target big tech and france moving forward on attacks on the likes of facebook and google the employment rate ticked up to 3. 7 as more people entered the workforce. Wage growth slowed a little bit in june, but remained at 3. 1 year over year for a second straight month perhaps more importantly, though, we did see average Hourly Earnings 0. 2 versus the 0. 3 expected. Mike, your take on this as to whether it really alters the chance of a 25 basis point cut in july. Not very much it injects a little bit more uncertainty than probably traders were hoping for to
i m sally bundock and we start here in the uk where in the next few hours the latest inflation numbers will be released and its widely anticipated the news will be good with prices coming down. the bank of england says it expects inflation to fall sharply in april . this follows an upgrade from the international monetary fund for the uk economy. it says we should avoid a recession this year but the imf is warning inflation remains stubbornly high and higher interest rates will need to remain in place if it is to be brought down. so where are we at? if we look at february inflation measured as consumer prices stood at 10.4%. the soaring cost of food and energy being the key drivers. it then fell slightly to 10.1% in march. this was a surprise as a much biggerfall was predicted and rang alarms bells with concerns of sticky inflation that proves difficult to reduce. bells with concerns inflation is proving very sticky. difficult to bring down. and helps low prices with th
Rates and when rates go up, stock investors get nervous. Some will take their money off the table. Cash in profits and head for safety. Also, this has been such an explosive rally since the election of donald trump that some kind of pause is inevitable. It goes without saying that no market goes straight up forever. Call it what you like. Pause, correction, pull back, as of right now the sellers appear to be running this show. How far down do we go . Dont know. Buy this dip . How strong is your stomach. And rush for the door . Thats your call, and its a tough call. Previous dips, remember, have bounced right back. Throughout the program, well be following the ups and downs of what will be a nailbiting day. Stay there, please. Varney company is about to begin. And for the Philadelphia Eagles, the long drought is over. Last championship 1950, presuper bowl era. The dreamers finally come through. Neil there you had it. Final four of a thrilling and bowl. Beat the patriots 4133. Nick foals
Among them, print alaweed and western businesses including the Parent Company of this network. Saudi arabia is a bulwark against the iranian power in the oil patch and they are cracking down. The tax package, good for business, good for middle america. How much help to the economy get when the 1 end up paying much more than how much help for the Housing Market when the mortgage deduction is cut . Still very much a work in progress. One less headline. Vin scully has had it. So disgusted the up and protest he wont watch any more. Stay right there, please. A whole lot more coming right after you. Varney company a route to begin. About to begin. I think that Mental Health is your problem here. This is based on preliminary reports, very deranged individual, a lot of a lot of problems over a long period of time. A lot of mental help albums in our country as do other countries. If this isnt a done situation. This is a Mental Health problem at the highest level. A very, very sad event. These a