Q2 is at 10 the president says markets would crash if impeachment moves forward. Plus, vaping fallout Philip Morris joining us after calling off merger talks and shares of beyond meat soars, as mcdonalds begins testing, the plt, a tomato burger. The house impeachment inquiry remains in focus futures are pairing their gains as the house releases the whistleblower complaint. Joseph maguire is set to testify on the hill, before house intelligence well keep you apprised of headlines for that the president did retweet a comment this morning, suggesting that the markets would crash, if impeachment happens. The history of when clinton was impeached is one of the first day tech was down, 4. 5 . Nasdaq, after that, it was the greatest buyup effort. Im not going to buyin if the markets crash. I would buyin if he was convicted by the senate. You need twothirds of the senate i feel like where we are here is like, the whistleblower you know where were back to were back to one of the situation where
They blame higher costs, they blame amazon for the competition in shipping, and of course, they are blaming china and the tra war, blaming the Global Economy as a whole. We have a huge show for you. Look at this lineup. Senator roger wicker will be grilling social Media Companies on the hill next hour but we have him first. Sarah Huckabee Sanders on that fiery Cory Lewandowski hearing. Martha maccallum on Elizabeth Warren getting grilled by Stephen Colbert. And tom brady and Dennis Rodman are on the show as well. Wow. What a lineup. All the big names are here. Im david asman in for stuart. Varney company starts right now. David we have some breaking news from President Trump. He just tweeted out quote, i have just instructed the secretary of the treasury to substantially increase sanctions on the country of iran. Check oil, it is now trading after hours, remember, it came down tremendously yesterday, its still dropping. Now its under 59. Looks like its headed to 57 a barrel quite a dif
Cascade platinums unique actionpacs dissolve quickly. To remove stuckon food. For sparklingclean dishes, the first time. Choose the detergent that lets your dishwasher do the dishes cascade platinum. The number one recommended brand in north america. Why accept it frompt an incompyour allergy pills . E else. Flonase sensimist. Nothing stronger. Nothing gentler. Nothing lasts longer. Flonase sensimist. 24 hour nondrowsy allergy relief cause wrinkles and theres nothing you can do about it . Now theres a solution downy wrinkleguard is a fabric conditioner that helps protect you from wrinkles all day. Just pour the dye free liquid into the rinse dispenser. After a day of wear, pants washed with downy wrinkleguard and detergent are virtually wrinkle free. It even comes unscented. If you dont love downy wrinkleguard, well give you your money back. Frightening dash cam footage shows a driver in england slamming on the brakes of his van, nearly missing a toddler whose tricycle suddenly veers i
New York Stock Exchange will start. Edward of course with you, youre the man of the hour. I guess jay powell is. Take us through the day. Reporter heard what he said there, 25 basis point cut to the federal fund rate. There was very divided fed we saw here. Very divided committee on the fed funds rate. There were three dissents. The last time there were three dissents in the opposite directions, december 2014, five years ago. We had st. Louis fed president jim bullard who believed there should be a 50 basis point cut today. There was esther george, kansas city Federal Reserve president and Federal Reserve president of boston Eric Rosengren believed there not be a cut at all. The Federal Reserve is not forecasting recession as we go forward. Theyre not forecast anymore rate cuts this year however chairman Jerome Powell pushed back on that a little bit, that theyre watching the data coming in. Things may shift related to that, looking at volatility and uncertainty out there. Listen. What
Jason joel weber joined us earlier in taking over this issue. Joel we set out to steal your summer with heists. Everybody loves heists stories. Because we are business people, these are business stories. Carol there is one story you described as cinematic. Thats true. Its about addiction. Joel its about a guy in seattle went on an unbelievable bank robbery spree. He hit 30 banks. The bigger story here is that it was about his drug addiction. He went from oxycontin to heroin, and to feel that addiction, he turned to robbing banks. Jason and he did that methodically. One of the things is how powerfully his selfanalysis and selfawareness of what went wrong. Joel thats why he was so good at it and why he talks to us, he becomes this sympathetic character. Hes a very Persistent Bank robber. He was very good at it, a real cornerstone of the heist issue. Jason we go down the coast into the forest. The next story, you cant steal a redwood, but you can still a steal a grill. Joel thats what Sar