The holiday. Lets get this show on the road, power lunch starts right now welcome to power lunch. Im will stocks lower this hour, nasdaq and russell 2,000 did manage to hit record highs before pulling back Oil Pushing Higher in more than two years and check out individual movers as well. Amazon hitting alltime highs today. Under armour reing but the stock on pace for its worse year ever. More than that ahead serna, expected to announce a deal with the company and gamestop rallying posting strong results. Michele . We begin with this hour with ubers hack attack millions all over the world have been affected whats causing outrage however, uber paid money to cover it up joining us now with the latest, deadria . Hey, michele, the names, emails, drivers license numbers of 57 million riders and drivers were exposed uber paid as you said 100,000 in hush money to the hackers and hid the breach for the public and regulators for a year. Drivers are only now finding out if they were affected. I s
Missing. After a navy plane crashed into the sea southeast of okinawa. It has been a bad year for navy 7 fleet, with two fatal accidents in air, asian waters this year. Our top story, growing pressure on long of serving congressman to resign. Democrat john conyers of michigan, facing an ethics investigation after two women accused the 88yearold of Sexual Misconduct. And scandal is raised concerns about how taxpayer money are being used for hush money. Fox news chief congressal correspondent Mike Emmanuel with our report. Reporter lou, hometown newspaper for conyers said he must resign for his public betrayal. An edtorrial in tito ortiz Detroit Free Press said his use of taxpayer dollars goes too far, and conyers using money from his Office Budget in violation of congressional ethics rules is the kind of behavior that can never be tolerated. Latest revolution from a lawsuit filed by a former scheduler for conyers who said she dealt with unwanted touching and advances, repeatedly and dai
Missing. After a navy plane crashed into the sea southeast of okinawa. It has been a bad year for navy 7 fleet, with two fatal accidents in air, asian waters this year. Our top story, growing pressure on long of serving congressman to resign. Democrat john conyers of michigan, facing an ethics investigation after two women accused the 88yearold of Sexual Misconduct. And scandal is raised concerns about how taxpayer money are being used for hush money. Fox news chief congressal correspondent Mike Emmanuel with our report. Reporter lou, hometown newspaper for conyers said he must resign for his public betrayal. An edtorrial in tito ortiz Detroit Free Press said his use of taxpayer dollars goes too far, and conyers using money from his Office Budget in violation of congressional ethics rules is the kind of behavior that can never be tolerated. Latest revolution from a lawsuit filed by a former scheduler for conyers who said she dealt with unwanted touching and advances, repeatedly and dai
As the white house and the gop leaders continue to push their plan for tax cuts, some firms on wall street appear to be growing skeptical. And that could spell trouble to President Trumps signature issue. According to the washington post, bank of america economist are calling the republican proposal a quote fiscal sugar high for somebody who drinks mountai mountain dew, i kind of like that. Morgan stanley claims any positive effects from the tax cuts would be shortlived and ahead of Goldman Sachs saying that the economy is doing well and tax cuts dont need to be a priority. So what would the tax cuts mean for normal folks . Well, independent experts have been analyzing the senate bill and the predictions are clearly split along some partisan lines. The leftleaning Tax Policy Center is out with a study that says under the First Year Senate plan, 9 of americans will see their taxes rise. 50 of americans will see their taxes go up after a decade. But the conservative Tax Foundation points
Lower, the s p 500 having the biggest reversal since february 2013 so what changed as tax ufori dont weighs off, it looks like fears may be back. Welcome to fast money. Thanks for being with us today remember there was a kurt ffl last week, but now Chuck Schumer and nancy pelosi say they will go to the white house on thursday, to meet with the president. Theyre expected to hash out some negotiations over this Government Spending showdown remember, friday is the day on which the government will run out of the money if they could come up with something we hope the president will go into this middle eastern with an open mind. What theyre talking about is that moment we saw last week, with the president appearing at a meeting with two empty chair for chum schumer he said he didnt see any possible de, so the democrats decided not to show up to sort of demonstrate now the democrats are going to the white house for negotiation, if there is a Government Shutdown this year, it wont likely be th