Will have big trouble if he changes immigration policy without congress are i would make clear to the president that if he acts unilaterally on his own outside of his authority, he will poison the well, and there will be no chance for immigration reform. It is as simple as that. President obama said he will halt deportation for some undocumented immigrants if congress does not do something about rewriting the law. President obama has irans help. Retly ask for that stresseder the two nations common interest in fighting the militant group. If iran did help in the fight come it would not give the iranians any leverage in those talks on restricting its nuclear programs. Revelations about the shrapnel airbag and a Japanese Company that made them, takata, learned that they were defective a yea decade ago. They ordered engineers to delete test results from computers. More than 14 million cars have been recalled because of airbag problems. Four deaths have been linked to the defect. Atnot funn
Busy week for data. Dreamworks up in premarket. Considering a buyout of the movie studio. Insight on whats going on. Reports apple could be facing fines of more than 1 billion euros over deal to allegedly minimize its tax bill in europe. Facebooks new ad system. Gopros new cameras as well. Futures lower, negative tone set overnight as the unrest in hong kong sent the hang seng down 1. 9 . Stocks off a volatile week, the dow posted triple digit moves every day. The worst week for the market since the week ending august 1st. Andrew and jim talking whether were at a stage where we know if the dip gets bought or not. Right, weve got this weird binary approach to the market. For instance, say youre in a vacuum, youve got Consumer Spending this morning, plus. 5, i thought terrific number. Consumer income, plus three, terrific number. In a vacuum, we should be going higher. What are we doing going higher friday . Other than nike, what went right . Were in the grips of were going to be making
We have less than an hour until the close of trading. Lets go to the breaking news desk where scarlet fu is looking at the action on the street. Scarlet the action was concentrated in the moment morning. There is some drama that has given way to a quiet afternoon. A sharp drop, and a recovery. We reached session highs about 90 minutes ago. We have since been drifting lower. The morning did feature disappointing economic data. An unexpected drop in Consumer Confidence for one, and another month of contraction in the richmond manufacturing. All of this is as the fed began a twoday meeting that concludes tomorrow. Right around the time the data came out, there was report that irans military seized a u. S. Cargo trip. The pentagon denied the report saying the ship fired upon was flying a Marshall Islands flag. Treasuries did fall with yields currently at session highs. You can see right there, the 10year at 1. 89 . The dollar weaker as well as we head into the final hour of trading. Matt t
And airports. Ashley the cost of Employer Health care premiums rising 4 according to the Kaiser Family foundation. A family plan now costs more than 16,000 for the very first time. Liz rioters reported that amazon and of magazine publisher have formed a new partnership. The Internet Retailer will handle printing individual subscriptions. Ashley google is moving fast to integrate its acquisition into its mapping service. A Top Executive today saying the realtime traffic will appear in more than a dozen countries. After the bell starts right now. Liz did you hear the air coming out of the market in the last two minutes . Lets get right to todays action. Founder and president of environment Wealth Management seeing the markets trending higher but remaining cautious. Three ways to make you money. We are joined. What happened here . I am the only one talking. The dead of summer. Lets face it. We are in a vise of lack of liquidity, attendance, momentum. We are blaming it on these tapering co
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