You as well. It is friday, july 12th. Fbn a. M. Starts right now. Hands on your waist and go. Get up, get up. Hands on your waist and go. Get up, get up. Lauren welcome to fbn a. M. Good morning to you. Happy friday. Im lauren simonetti. Cheryl good morning, everybody. Im cheryl casone. Lauren lets take a look at how your money is moving. U. S. Futures moving to the upside. The dow record close yesterday, above 27,000 for the first time. Futures gaining 86. S p up 7, nasdaq up 22. Cheryl optimism on wall street has been showing up in rising bond yields and right now as you can see the 10 year is actually down. They were at 2. 12 . So a little bit of caution today with the 10 year. Lauren a storm in the gulf of mexico boosting the price of oil, 60. 68 a barrel, thats a gain of almost 50cents. Cheryl we just learned chinas june trade surplus with the u. S. Rose to 29. 92 l billion dollars, that could add another layer of tension in the ongoing talks. Asian markets across the board were i
Free cspan radio app. Earlier today facebooks david marcus testified before the Senate Banking committee to address concerns over the companys proposed Digital Currency. This is 2 hours and 20 minutes. This hearing will come to order. Today we will receive testimony from david marcus, head of libra at facebook. On may 9, senator brown and i sent a letter to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks access to and use of information on individuals or groups of individuals in credit, insure, employment or housing. I appreciate facebooks response last week. Shortly after the letter was sent, facebook formally announce ds its intention to launch the Payment System libra and issued a white pape
Fox news, in turn, calculated that the entire compensation of hawaii from the white house will be about two million dollars, although the preliminary amount of damage is already about 6 million. I just quickly calculated about 13,000 residents of lohana multiplied by 700. Thats 1. 9 million this week. We announced the allocation of another 40 billion to ukraine. Im not sure where we are now, but Something Like 140 billion total for ukraine. There are videos on the internet now for viral videos, where indignant users compared with the burning peaceful maui, fighting supposedly, inhumanly destroyed russia, ukraine is still not found time to visit the disasterstricken island. He is now resting, riding a bicycle, smiling and waving. She is hawaii homeless, thousands of people are left and marauders are operating at night. In belarus, china reached an unprecedented high level of cooperation such a statement in the welcoming speech of the chinese delegation. Made. Our minister of defense vik
System of iranians . Systematize our mother we also have iranians, our system has nothing to do with the welfare of iranians, they are the welfare base of the iranians, the welfare base of the iranians examines the issue of the various deciles of the Iranian Society and informs him which decile you are in. It informs the organization of the targeting of subsidies. You said that it is clear, the ruling is clear that the supporter of the meter, for example, the possibility of 130 with an income of, for example , 3 million tomans, 4 million tomans in the first decade , he should give 4 million and 100 thousand tomans. 10, which will be shared, and the solution is finally one the base should be adjusted to high and it is set to 500. The dubbing is good and we will see a part of the revolutionary leaders statements together. Lets go back to the essay. We will talk about raising the field of improving the workers abilities. It is a duty. We have a hadith here. But i am strange, ajr is the wo
Downright unnerving. Were now looking at the other side of what the feds been doing to stamp out inflation, and its a big reason why the dow lost 199 points. The s p shed and the nasdaq 1. 06 . Were going have to learn with not a collapse in commerce, but definitely a slowdown. Along with the decline in profitability that always comes at this particular point in the business cycle. Each day we see more of these cracks. Extremely disappointing numbers from southwest airlines, luv. But there was no love. The airlines margins are being pressured by higher gasoline prices. Its not 250 to 260. Its budget is 270 to 280 ewhich is a huge difference. Southwests revenue per available seat mile, is down rather dramatically. Were looking at a 5 to 7 decline when the company said it would be down just 3 to 7 . That is jarring. It looks like business is finally getting hurt by the sudden rise in oil. Its up in a straight line. And you cant ignore the fact that southwest revenue per available seat mi