His tweet is flagged as misinformation if you dunt tcount the illeg votes, the ones that came in late, they are trying to steal the election jay powell says the current economic downturn is the most severe of our lifetimes. Sure, i think that there are plenty of people on capitol hill who on both sides of the aisle who see a need for further fiscal action and understand perfectly why that might be the case and the wall street rally continues. The swiss luxury giant says online sales are recovering after 82 drop in net profit well, the u. S. Election is inching toward a final result as votes continue to be counted in several crucial battleground states across the country. At this moment, democratic candidate joe biden is ahead of President Trump in the key Electoral College tally, 253 to 214, that is according to nbc news projections 270 votes are needed to win. The tightest race is in georgia where President Trump holds array czar thin lead of under 700 votes. A win in georgia for bide
Level as the controversy continues. President biden met with his Economic Team at the white house today, the administration has not yet said much on the controversy only saying talk to the sec and the feds are monitoring the situation. Strong backlash by some lawmakers including alexandria ocasiocortez and republican ted cruz. Republican senator josh hawley talked about this on fox news earlier. What youve seen with this gamestop meltdown that wall street is having now is these folks at home have got more criticism and more scrutiny than the people who singlehandedly crash the entire Financial Market in 2008. And they got bailed out, the government bailed out those people. It shows you that the fix is in. John White House Correspondent Kristin Fisher picks up reporting for us on this friday live on the north lawn. For the third day in a row, the white house is declining to weigh in on this controversy that has consumed both wall street and main street. The White House Press secretary w
Friday august 18. Your top stories, 6 00 a. M. On the east coast. The august selloff continue spiking interestrate squeezing consumers and sending investors to sell. After the third day of selling mixed rally, the dow industrial don 46, nasdaq 1046 as well, the s p 500 lower by seven points, edging lower, the ten year yield reaching highs not seen since november 2007. We talk about twentyyear highs, the thirtyyear is settling at the highest since april 2011. The yield is sitting up fourpoint to 25 on the ten year period that is on private basis points this morning. The thirtyyear 4. 39 that is down four basis points from yesterdays highs, investors are hoping for answers at the Federal Reserve jackson hole retreat happening next week were jay powell is expected to take the stand and speak in a speech next friday. We will be covering that jackson hole meeting as well. Mortgage rates also skyrocketing with the thirtyyear fixedrate sitting at 7. 09 . That is the highest rate since april 2
Leaders and the Prime Minister remain locked and the scandal does have on the border between hate and the Dominican Republic of scales was on the streets of hazy people here at the border. Tell us that they are desperate for any assistance that will stabilize their country and changes one. Hi, an indian administrative costs me in 5 minutes, so not in the remote. It is on his 1st visit there. Since his government remove the regions, send me a ton of the states. And full mike tyson announces a shock, come back to the boxing ring. I lived for a while in cost to reach the road for the quotes. The final of the scoring 5 in the 1st leg against the proc the is war on. Garza has entered it 6 months and the efforts to negotiate to cease fire have stalled, almost blames israel for forcing attempts to reach an agreement. And it says, talks will continue from the ground in gaza. The bombardments continues, but there is hope for 2 children. After rescuers pulled them out, a life from under ruins an
Plus clever and sustainable Recyclable Packaging. A nightmare scenario as an aircraft loses one of its doors mid flight. But what looks like a hollywood disaster movie was a real life event on board and alaska airlines, boeing 737 max. Its maker, one synonymous with innovation and reliability, finds itself out across roads. Its way too long. I think at this point, the amount of time that this company has been having problems exceeds the amount of time that it spends not having problems, whether youve had a disconnect between very Senior Management and the people who actually build and design and create claims. That situation probably began in the mid to thousands, had been kept going in the 40 tends to days, problems began years ago when boeing started outsourcing production in the interest of cost cutting and deficiency. Good news for stockholders, perhaps. But for the company, it meant a seismic shift, and a change in philosophy they used to do a manufacturing entirely. And then they