Reporter abe was trying to refute sworn testimony from yasunori kagoike, the president of Educational Group moritomo gakuen. He told lawmakers that he received a donation of about 9,000 from abes wife on his behalf in 2015. Kagoike also says he believes there was political involvement concerning the moritomo purchase of stateowned land to build the school. The group got the land for a fraction of its estimated value. The deal has been questioned by lawmakers. Abe denies any wrongdoing. Translator the issue originated with the problem related to the state land sale and licensing of the school. Regarding those issues, i believe it was made clear that no specific politician was involved. Reporter while the Prime Minister issues denials, his wife is still in the spotlight for her connections to moritomo. She was listed as the honorary principal for the new school being built on the controversial land. She stepped down from the post when the scandal broke in an apparent effort to distance h
Positive, europes are slightly in the red and we are watching crude and gasoline on news of the pipeline explosion yesterday in alabama. The first trading day of the month after that red october, more earnings. The election, the jobs number and the fed meeting all on tap for the markets. It is one week to go until election day. New polls and investigations are moving the markets every day, including today. Well have the latest. And a spinoff for kfc and taco bell. Yum and yum china begin trading as separate companies this morning. First up, though, a lot for investors to digest into november as we head into the first trading day of the month. A jobs report is coming on friday, the election is next week. All three major indices were in the red for october, posting their worst performance since january, although to be any worse than january would have required a lot more selling, jim. Look, theres theres just a major change underneath. What we saw were a lot of health care companies, big
Bullard told cnbc about a potential june hike. Obviously weve tried to be data dependent, and i dont think theres any reason to prejudge the june meeting at this point. We can wait until we get to the meeting, see what the data say and try to make a good decision there. I think on the issue of press conferences we have made many moves over the years without press conferences, so i think you could make a move without a press conference in this circumstance. The labor market data, as i said, if you just took your signal from that, wed definitely move, i think. As a reminder, june is scheduled to have a presser, july is not. Says were at or beyond full employment, jim. Right. Now, he had wavered last time because he felt if oil went to 20 then he would be a lot less willing to hike. Obviously oil went the opposite way, so i think he goes the opposite way. And i think hes being very considered, making good judgments. Yeah, if the numbers continue to be this strong, yesterdays number from T
Permanent ceo. Glencore, stops are dropping. We are waiting on Sales Numbers from ford and gm. With he will bring them to you as they break. First up, futures on the rise as we enter the first trading day of the Fourth Quarter ahead of tomorrows key jobs number. Jobless claims up more than expected, up 10,000. That fourweek moving average did fall slightly as they look to move on from what was the worst quarter of stocks in four years. The biggest loser was the dow. At nearly 7. 6 drop. We know, guys, the s p didnt fair much better. Down, 6. 9. Nasdaq, down 7. 4. Everyone talking about october. It has been pointed out today, the past five octobers, only one has been down. The ones that have gone up have been to the tune of 4 , 11 , 3. 7 back in 2010. The classic thing is to say it is difficult to get upside leverage in the first half of october. If you look at what we have experienced since august, did we bring forward the pessimism . I thought jim reed at deutsche ya said, if you thin
Other was in a car. One person ended up dead. The other drove away. Police say just before 12 30 this afternoon a man walking in this new Residential Community in Montgomery County right here in this intersection of sweet spire drive and little seneca parkway was hit and killed by a car. They say the driver of the car took off. A short time later Police Received a call on amber ridge circle and the person at that residence stated the driver was there. Reporter then police were there questioning the driver investigating the car. When a hit and run happens, at least have the decency of a human to stop your car and check if the person is okay or not. Reporter Police Say Driver might have actually known the victim at the scene while Montgomery County polices accident reconstruction unit figured out what happened and how, their major crime detective looked into a possible motive. Because this is a really new neighborhood and its really messed up to see this kind of act going on. Reporter th