Back in 2011 is with me live. How does that comment sit with him . And they call it the summer camp for billionaires. The worlds richest and most powerful tightens descending on sun valley, id for the annual conference according to forbes, the richest five attendees combine wealth is more than irelands gdp. Adam shapiro is right there. Hes counting the capitalist. Adam is live on why this year the talk is not the corporate deal but something perhaps much more important. And the driverless disaster. Another crash being blamed on the tesla autopilot feature. Is it too soon for this technology to be on our roads . Tesla responds to fox business. Less than an hour to the closing bell. Weve got a solid win for the bulls but connecticut hold . Well start the countdown. Melissa okay. Now, this is interesting. You do not often see both stocks and gold, which is a fear trade move higher while treasury yield drop. Thats also making its presence felt. First to the markets, what do we have here .
The economy. In the meantime Hillary Clinton hoping to ride the coattails. They tell us who has the stronger argument. He said it wasnt a ransom. He believes the commander in chief. Brazil was set to take the stage. Will the athletes and tourists be safe from crimes, terror and then seek a virus. We are less than an hour from the closing bell. Lets begin the countdown. We are looking at the alltime highs. They rally with the weekly gain. Fifty to 18. The s p also looking at 2175. If we can hang on here looking like we can set some new records. It was pushed higher. Is having its worst day in 14 years. After its cancer drill failed. It is having its best day in seven years. You can set up 8 . Down nearly 16 . Also under pressure today the company cutting into outlook. Also said it plans to cut about 10 of its workforce. Down more than 12 . Having said all of that the market is up 166 on the tao. After reporting orderly profit it was helped by costcutting measures. And people eating lots
Lackluster august drops report, summer jobs of june and jobs in july fading last month. We explain the surprise slowdown that we saw. Plus Tropical Storm hermine tearing her way through the gulf coast. Storm warnings up the eastern seaboard. Where the deadly storm is heading next . And College Football starts with overtime victory by number 9 tennessee. Former dolphins and pitt head coach and College Football analyst Dave Wannstedt gets us ready for the fall. Liz . Cheryl a fed rate hike is in question in the economys tugofwar. We are less than an hour to the closing bell. Im Cheryl Casone in for liz claman today. Lets start the countdown . Well, the markets are looking to close out the week on a high note following the august jobs report which came in lower than expected. The three major averages all on track to close higher for the week. Take a look at s p, the dow and the nasdaq, green numbers there. The move to the chip isnt working out for verifone. Reporting lower than expected T
Hillary clinton is zeroing in on National Security at this very moment. Among others. This is a nation that just days away from commemorating the 15th anniversary of the attack on september 11. The New York Stock Exchange congress holding moments of silence. It is ahead of the summer anniversary. Ralph peters and that massive overnight saber rattling. Whether its clinton or trump. In the first Class Action Lawsuit. The attorney from the woman with the child with deadly allergies tell us in a foxbusiness exclusive what they want. And with a traffic stop announcement they take it for a spin with us. We are dealing with the selloff in stocks. The errors of easy money might soon be over. Take a look at now were almost there. Us than an hour to the closing bell. Lets start the countdown. The verbal bomb. He comes out and fax Interest Rates. The socalled volatility index that is a twomonth hike. It is up 30 . Then 22 and 24 claim at this hour. Investors are actually dumping it pushing yields
U. S. Equities lost nearly 3 trillion this year. The worst 28 trading day start of the year ever as it pretends that the wilshire 5,000, which doesnt even have 5,000 stocks in it anymore, but we like to quote that because it does put into perspective how much many of you have lost. But today, the sun is out and the winner is financials. Leapfrogging all other sectors. Why . Well, that man reports late yesterday that jp morgan ceo bought 26 million worth of his own stock, abank investors all gecked up and Charlie Gasparino is coming up with a alert, why you wont want to follow the heard and be aware of the buy back. Hillary clinton hitting Bernie Sanders for her ties by wall street in last nights democratic debate. Today this is a live picture as they await Hillary Clintons appearance in denmark, South Carolina for a town hall meeting. These live pictures were waiting to hear what she says. Well bring you any breaking news. But this as the republican side of it. Yes, those candidates sw