Up and the senate the house is passing a two week senate bill to avoid a does a Government Shutdown. It simply renews all existing programs through the stroke of midnight. More on that story for you. It is there from december to the current price. Did you miss the chance to get in on the action. New best seller. And fox news host steve hilson on nelson on the fight between risk and reward starts right now about the ways in which mens actions affect them. I was excited for that conversation. And in the conversation turned to me. Some of the allegations against me are certainly not true. Others i remember very differently. Ive used my power to be a champion of women. Nothing i have done as a senator has brought this honor on this institution. Nevertheless today i am announcing that in the coming weeks i will be resigning as a member of the United States senate. He struck a defiant tone. He will step down. That al franken may be trying to buy time to get a new lifeline. After eight women
Today, number two, 60 million worth of bitcoins were stole from a Bitcoin Wallet. Bitcoin is not immune to hackers and once they are gone, you cant get them back, think about that. Politics, senator franken will make a statement on the senate floor today, lost support of most fellow democrats, will he resign, dont know. Will he respond to Sexual Harassment charges against him, we dont know that either. When he speaks, you will see and hear it. Veterany company is about to Varney Company is about to begin. Note stuart lets get right to it. Story of the day, Southern California wild fires, ashley, what do we have . Brutal santa ana winds which would fan the flames from fires, now the National Weather say not quite as bad, gusty but not 80 miles an hour. They had to shut down with 101 freeway. Thats the ventura freeway, they cut it down, essentially cutting off northbound traffic from heading to santa. Barbara a from ventura. You can see northwest of downtown los angeles, four major fires
Corruption of the leadership of the fbi and department of justice is now obvious. The doj and the fbis political corruption the source of a hearing today. Well talk about that agencys tie to the trump dossier and what they did with it. Also tonight, embattled senator al franken is resigning but not apologizing. The minnesota democrat says he wont step down for weeks, despite calls from his Senate Colleagues to do so immediately, effectively telling the Democratic Party to go to hell. Wildfires raging through Southern California for a fourth day. No end in sight. Firefighters are battling four major fires that have burned 100,000 acres in ventura and los angeles county, and none of those fires even close to being contained. New evidence of political corruption surfacing today in the special counsels office and the department of justice. We learned one of Robert Muellers top attorneys, jeanie reid previously represented ben rhodes in the beenr in the benghazi scandal. A retired superviso
Lauren breakthrough for the European Union. Up 16 points. Cheryl yeah, stocks in asia continue to rebound. Lauren talk about wildest ride. Up 40 in 40 hours but then a 10 drop overnight, we will explain. Fbn am starts right now. Cheryl 5 01 a. M. In new york. Friday december 8th, good morning, im cheryl casone. Lauren tgif, good to see you, cheryl. Thank you for joining us. Lauren simonetti, i forgot to give my last name, im lauren. Cheryl yes, you are lauren. Things are really getting tough in california, folks. Fierce wild fires fanned by powerful santa ana winds are burning out of control in san diego county. The fires destroyed more than 400 homes and many other structures, 200,000 people in los angeles and ventura counties have been told to leave their homes, fire officials have said today will be another challenging day. Its going to move in different directions, its going to be train driven so crews are going to have to be very careful on their position when those transitions ha
Reachable . Gus brown, pie in the sky forecast or is this legitimate tax liabilities a reduction are lead to Margin Expansion, share buybacks, 20. 5 times multiple as earnings go up and that gets you 3,000 on the s p. I mean, its not pie in the sky historically, but theres a decent probability that that could happen doesnt mean it will happen or anyone can actually foresee that happening. I think he makes a good case though i thought the note was fairly rational, but think about it, he could have written the same words on the same page and said 21 times or 19 times so the art of the p that goes into p e multiple is an art. Its not a science its not math. Its what you think sentiment will be, even if somebody agrees on all of the pieces that he sees fall in to place doesnt mean you arrive at the same sentiment level or pricetoearnings multiple. The point here is the rally is far from over and if you want to put 3,000 on that or whatever number he wants to be the top, hes going to be on