Global stock market after the fed held back on rate and really, it seems, bought investors more time. The expectation is that the fed will raise rates. A lot of the commentary we are seeing this morning. Their major averages remain higher. Down to some degree at the moment, but we want to mention we are seeing strength in tech. Amazon and out for that are trading at records today and apple is resuming its recent rally we have been seeing on expectations for sales of the iphone seven. Roleology is playing a here and has been playing more of a role. We have not been talking about the stocks. We were earlier in the year. A breakdown of the Industry Groups in the s p 500, the votest post exit low on june 27. You see since then technology is the best performing group, a 18 followed by financials, 11. 5 . Is playing a big part of the recent rally we have seen. Looking at the stock and the other assets here, we have got the 10 year yield at the lows of the day, down fours four points. Alan gr
Now on booktv Lawrence Samuel exam the past, current, and future state of the american middle class. The author reports that a strong middle class emerged following world war ii in the 1950s. And began to eroded in the succeeding decades. This is a little over an hour. Host im going jump in. I took a chronological approach to the story. As youll see. I went decade by decade. I picked up the story right after world war ii. I feel like thats when the middle class, as we know it, rose in numbers and power. Then go through the 60s, 70s, 80s, 90s and up to today and wrap up. Thats basically the approach i took to the book just track with the book. Basically, why i wrote the book theres a lot of chatter these days about the middle class not surprising. Someone talking about the middle class a lot, of course, is president obama like most bases. Politicians. I counted twentd times he mentioned the middle class in his speech a couple of years ago and. And more recently in the 2012 state of the
Dropping to the bottom of the European Market after u. S. Investor wilbur ross jr. Sells his entire holding in the lender for 26. 5 cents per share. Andation stocks are closing mostly higher today, following a slightly higher than expected pickup in Chinese Consumer inflation. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hi, everybody. Welcome. Very glad youre with us. We have two hours together today and a lot to get through. Lets get on with it. On todays show, the battle is on, tech giants rival is out at the e3 exposition in san francisco. We head to the golden state to talk game strategy. Hillary on capitol hill, the former secretary of state releases her latest book as rumors persist as a possible buildup to the 2016 u. S. Elections or is this maybe more about the money . Energy haven or environmental hazard . Thats the question, the shale debate is as hot as ever. Stay tuned. Well go head to head with a ceo who aims to bring shale further
White house staffers helped him as he investigated surveillance of trump staffers. Now amid the new flurry of investigation, all eyes on the white house for his reaction. John roberts is live on the north lawn. Is just another typical day at the white house. Fox news is confirming that two white house staffers did assist devin nunes in his investigation into whether or not members of the trump transition resulted in the election. Whether they were unmasked or made clear to him who they were is a serious crime in the United States. This was reported by the New York Times yesterday which identify the two staffers as edward cohen wotton egg, and michael ellis. Ellis used to work for the house Intelligence Committee. The ticktock of all of this is becoming more clear, but theres still some areas that are little bit murky. It appears that information about surveillance and unmasking was discovered on the ends echoed of branch computer system. That information but apparently minutes way to t
The goals and agenda of the president s commission on combatting drug addiction and opiod crisis which he established yesterday. The commission, which is going to be chaired by new Jersey Governor Chris Christie is the next step in the president s promise to the American People that he would take real action to keep drugs from pouring into our country and corrupting our communities. Under governor christies leadership and working closely with the White House Office of american innovation, the commission will bring together leaders on both sides of the aisle to find the best way to treat and protect the American People from this epidemic. Many members in attendance at the lunch played a key role in passing the bipartisan comprehensive addiction and recovery act, also known as cara. First major federal addiction legislation in over 40 years which authorized over 181 million to fight the opiod epidemic. Part of the mission of the president s commission will be to ensure that those funds a