Find out their plan. Plus, more of my exclusive interview with uber ceo. We will get his take on driver and why he believes we need to redefine gig economy. Sunday will mark the next escalation in the trade war between washington and beijing. 15 import taxes on about 100 120 billion of chinese imports. Whether either side might be getting ready to blank. Chinesescussions with and american friends and china is looking more and more alike we are not any closer. It seems that china has begun to hunker down. , and has waited this out china thinks that they can weather the storm more easily than President Trump or americans think they might. China is beginning to look for other markets for their exports and they are doing a pretty good job doing that, so it is the longer haul. There is also a sense that it is becoming more political than economic. President trump might be timing potential deals closer to the election rather than earlier. That is the next couple of three weeks. People are st
American canyon where the pedestrian was left with major injuries. Reporter a 55yearold man who was crossing busy highway 29 here. And acura blew through the light, hit him and kept going. Within hours a teenage suspect was in custody. Martha morale is, age 19 from American Canyon jailed tonight for felony hit and run. Arrested only a few hours after surveillance photos of her car were publicized. We had a lot of eyes and ears helping us out and we were able to get a description out pretty quickly. Reporter at 8 30 am commuters thought the 55year old man get hit in this crosswalk. He was walking from his neighborhood west of highway 29 to the Shopping Center on the opposite side. In particular the starbucks where he is a morning regular. Often times we see him there and he talks to our officers. Very friendly and drinks coffee with our officers. We believe he was headed for his morning routine coffee. Reporter police say he had the light but the car ran the red and hit him at 50 miles
Plus, verizons 5g focus. The ceo says 50 of consumers will have access to that technology and beyond meat is tumbling in the premarket, pricing a secondary at six times the ipo price and has new competition on the way. Stocks are looking to open higher after their worst day in two months yesterday the fed cuts rates by a quarter point, but the chair dampens expectations for more easing despite the selloff, the major indices still finished july in the green, their sixth positive month in seven, although were headed into the historically weakest two months of the year well, look, were making much too much of this mid cycle were going to forget what that means five days from now we wont be thinking about that. Well be thinking about it today until the market goes up then we say forget about it. He was in a spot hes in a spot because he has a president who cant fire him but would fire him, right . And send him down the elevator he wants to make it so that its not personal so he comes up wi
Obviously, a nice gain here as we rebound from yesterdays selloff the dow is up 265. Best day here since about the middle of june for the s p all sectors higher for july, boosted by names like twitter and micron on the past month the feds rate cut and earnings at qualcomm, though, top of mind for investors as we go into the first trading day of august. Still, our next guest says, remain overweight in tech until the next bear market jim paulison joins us along with our own mike santoli good morning, guys good to see you. Good morning, carl. Jim, youve been pretty constructive here. Obviously, youre not thrown by numbers like what ism gave us today. I actually think the data has by and large here been pretty good for the united states, carl you know, personal consumption, real personal consumption growth in the First Six Months of this year was up over 4 annualized pace its just bizarre to be talking about a weak economy with one of the strongest sixmonth consumption periods of the entir
Shanghai and tokyo were moderately lower the nikkei finished down by almost 0. 9 . The shanghai was down by twothirds of a percentage point. This comes as we were getting manufacturing data out of china showed theyre still contracting. It was better than anticipated the number was 49. 7. That was better than the 49. 6 anticipated. Still below 50 in hong kong, the hang seng was down 1. 3 . Trading was cut short there because of an impending tropical storm. Markets were normally close at 4 00 p. M. Were suspended for the second half of the day this morning there are a mixed picture. The dax is up. The cac is up slightly the ftse is down a bit finally look at whats happening here in the treasury markets the tenyear right now ahead of that fed meeting, 2. 054 lets look at whats happening with gold. That could be a mover after todays fed decision gold is up more than 10 in the last three months. Apple big number of the week and its our top corporate story. Earnings and revenue topped estima