Seeing a lot of in the next two yea rs. Michel barnier will lead the eus Negotiating Team. Hes in malta today with some of the eus centre right leaders. Maltese government spokeman kurtfarrugia says this is dayi of a very long and difficult road. Brexitday. There are some points that both sides agree they want to sort out as soon as possible. In fact, ijust in fact, i just saw a tweet come in from one of you watching. Myself and my husband are both swedish, we have lived in england for 20 years, will we be kicked out . I cant answer that. The status of uk citizens living abroad in the eu and eu citizens living in the uk is certainly a pressing one. Michel barnier was on twitter today. Michelbarnier Brexit made eu citizens worry about theirfuture in uk. Here is a seniorfigure here is a senior figure within the European Parliament, the president , speaking earlier. European Parliament Must defence it dozens rights. This is why we need an agreement citizens rights. We need Risse Brockley
And spain and france. Strong gains across europe. And look at crude, which is set for weekly gains, up by 1. 25 on the week. Showing just about that gain today. We got surprising inventory builds yesterday. Traders seem to be taking in stride. The u. S. Treasury department issuing final rules to crack down on those tax inversions. Thats when a company is acquired by a smaller foreign business in a low tax country to avoid paying the higher u. S. Corporate tax rate. The new rules crack down on earnings stripping when the u. S. Subsidiary avoids taxes on domestic operations by sending them overseas as tax deductible payments. Got that . Sara eisen does. This is clearly becoming a signature issue for the treasury secretary, for this administration. And what he issued yesterday were new rules to crack down on tax avoiding companies. This earnings stripping strategy, its a common practice by inverted companies, they use the u. S. Subsidiary to issue loans from the Foreign Company that are t
Have that strength that america tel always had the tax playtex. If you love and their cuts this is it. When i am on the weekend it is the authors. Watching the neck tv the best television for a serious readers. We could have a long your conversation. Booktv begins braying author after author after of their. Fresh shot the heels of the democratic debate to be modeled with the same integrity puc in this rule as those to the new thinkers since 1986. [cheers and applause] more then 2 Million People tune in daily to the Weekly Public Affairs programs and it looks back at the groundbreaking interviews with everyone from president abutment to fidel castro. Taught and critically about the key issues affecting the world today. The timing could not be overstated. Also shining a light on the influence of hispanics. Mexico city native he has been instrumental to present against mosquitos. But i employ a number of first generation immigrants and i have seen firsthand how this group trust him as his
Fisher sounded more cautious on tuesday. More voices being added to the flurry. Yields continue to rise today. We have seen the biggest selloff since june in terms of treasury. Alix the yield rally some most since november. Ofaking of the diversion years, Charlie Evans speaking, saying we do not need to hike rates. Eric rosengren saying we can normalize rates. We are nearing our mandates. Federal confusion. Caroline that is going to be our phrase today. Coming up, we will speak about the direction of yields with matthew. Managinggan stanleys director and strategic. He says by the fiveyear the fiveyearbuy treasuries, despite losses. Alix a lot on hold heading into jobs friday. If any action, it will be in the currency market. The dollar is mushy across the board. The pound is higher, moving against the dollar. The yen moving lower. The yen is looking at its first monthly decline versus the dollar since may. Is relative mushiness across the board. Banks doing well in europe. Into the job
Weekend. Were on our way to a really terrific couple of two, three days in store. 59 degrees. We had some 40s earlier this morning across southern wisconsin but skies generally fair for us. Today our temperature coming in mid 50ings will start to feel more humidity tomorrow and monday. But even still this morning its 48. This morning. Later you could leave that at home. Well make it to 77 degrees this afternoon. Perfect weather for barbecue any time this weekend. For tonight around 60. Warm and sunny. Humid. Highs to around 80. Labor day monday low 80s and you will feel that humidity. High pressure influences our weather. Dry conditions staying with us through monday and tuesday. Trying to reach for his cell phone crashes his car in the middle of an intersection on milwaukees north side. This was the scene just before 1 00 this morning. According to Milwaukee Police, the driver was trying to grab his phone when he lost control of the car. He needed to get a few stitches in his arm. Pol