And im tyler mathisen. Welcome from me as well. This is the week, folks, that wall street has been waiting for and waiting for and agonizing over. This is the week when the Federal Reserve is expected to raise its benchmark Interest Rate for the first time in nearly a decade. Fed chair janet yellen and her open Market Committee have laid the groundwork, signaled that barring some unforeseen change of heart it is ready to raise. And one key thing many will be looking at is what effect will rising rates have on the housing market. Diana olick explains. Reporter Wendy Johnson hasnt found the perfect home yet but shes going over her mortgage options now. I definitely want to Pay Attention to what happens this week. Reporter after years of record low Interest Rates the possibility of rising rates has her speeding up her search. Weve been doing our research, but the knowing that this Interest Rate is going to hit, we definitely want to stay in a tight window for making that selection. So i w
Right e hyndeo is and it might pass north of right monday or behind, and it might pass north of hawaii monday or tuesday. I authorize two operations in toq targeted air strikes protect american personnel, and a humanitarian effort to help save thousands of iraqi civilians were trapped on a mountain without food and water, and facing almost certain death. This is anmistake, escalation of the u. S. Role in iraq. Houseerg white correspondent Phil Mattingly joins me now from the white house. What was the single Tipping Point that led to the . Residents decision u. S. Officials i have spoken to are genuinely surprised at the sophistication and efficiency of the latest Islamic State attack. They felt like they had to react, and you also heard from the president , there is a humanitarian crisis. Tens of thousands of people are spot. Ad it is something the president address last night. Take a listen. Let me be clear about why we must act and act now. When we face a situation like we do on that
Written to the iranian government by senators unconstitutional. John kerry i do know this letter was absolutely calculated directly to interfere with these negotiations. It specifically inserts itself directly to the leader of another country saying dont negotiate with these guys because we are going to change this. Cory the deadline for a deal with iran is at the end of the month. Lastminute campaigning in israel ahead of key elections tomorrow. Benjamin netanyahu is trailing in the polls. He says rivals will bend to the palestinians and failed to safeguard the country from iran. The centerleft leader says the public wants change. Procter gamble is one the sale or ipo of the beauty brand. People familiar with the deal says it is working with advisers but has not finalized the deal of which products would be spun off. Includes cover girl. It wants to exit a number of product lines where it is not a market leader. They have accepted a sweetened takeover officer from valley. Valleyiant.
The iea the International Energy agency with its oil market report. Having bottomed out in the Second Quarter of 2014, Global Demand has steadily risen the record u. S. Oil glut is continuing to cut prices. Well keep an eye on oil. Quite a lot of volatility and fluctuation. Opec joining the conversation. Brent at 57. Tensions high in europe as greeces Prime Minister meets with the president of the European Commission in brussels. Greece formally complained about Wolfgang Schaeuble. Lets bring in hans nichols in berlin. Marcus is in athens. The spat between Wolfgang Schaeuble and varoufakis is very public. Hans we had a formal complaint tuesday night from the greek ambassador to germany lodging a complaint claiming that mr. Yanis varoufakis called him foolishly naive. Here is what mr. Wolfgang schaeuble said. He was commenting on mr. Varoufakis communication strategy. Some greek papers and markets might be in a better position to talk about this. Mr. Schaeuble said to be called for shal
Selloff. Bond yields around the World Soaring today. Janet yellen poured gasoline on the fire yesterday. She said longterm Government Debt is overpriced. She warns the dangers posed by low rates. Low Interest Rates can certainly incense some investors to reach for yield. They can incense them to take on leverage positions. If they unwind, can create Financial Stability risks. Betty there you go. After her remarks, japans yield made its biggest jump in two years and australias benchmark on his highest level since december and germanys bond rose to its highest yield this year. A huge selloff. The election is underway in britain. David cameron has already cast his ballot. He is one of 50 million britons registered to vote. The challenger is ed miliband. A change for chinas biggest Ecommerce Company. Alibaba naming jonathan lu to take over as ceo. He will take over for jonathan lu who is staying on as vicechairman. Alibaba reported strong Quarterly Results. Daniel zhang will join us in the