Of apple power lunch starts right now welcome to power lunch. The green bouncing back. The major averages on track to end the week down about a percentage point check out shares of apple jumps on that production report. The stock is up more than 3 climbing back for the all time high of 232. 35 which it exactly one year ago today well have much more on apple a little later on. Expectations for a rate cut or two this year are on the rise this week. Federal reserve chair Jerome Powell spoke at a fed listen event. Lets get to steve who joins us from boston with the headlines kelly, the fed chairman speaking right now at one of those events with the fed taking up public commentary he is noting that the Unemployment Rate is near a half a century low which is what i would have said if the chairman hadnt said it he said inflation is running below the 2 objective its caused the economy in a good place which is the praise a lot of fed folks have used it does face some risk including low growth a
Campaign controversy what is it that i said wrong . Joe biden pushes back in a new interview overnight after being accused of misrepresenting his involvement in a harrowing war story. I said, sir, i do not want the damn thing do not pin it on me, sir the alleged gaffe that has the Democratic Frontrunner under fire once again. All that, plus, scooting under the influence. The new warning tied to a popular trend in cities across the country. What is good news . Im on the mend, and thats all i can hope for right now. Beloved host alex trebek returns to jeopardy, sharing an encouraging update on his health from the set. Going loco for coco. Coco gauff wins another thriller at the u. S. Open coco mania is catching hold setting up a mustwatch showdown with the defending champ. Today, friday, august 30th, 2019 announcer from nbc news, this is today with Savannah Guthrie and hoda kotb, live from studio 1a in Rockefeller Plaza welcome to today on this friday morning we are rounding out the week
Moments ago. I think you have sort of a false market, buoyed by zero Interest Rates and you have to be cognizant of it. Of course, covered a lot of ground. Talked valeant, apple, herbalife. But in general, nervous about very big, bad things happening in the global markets. Without a doubt. If you have a billion dollars and youre over a certain age, it seems like youre really focused on the risks. The environment doesnt feel comfortable to you. Negative Interest Rates are something you never thought youd have to contend with. And its not to say its correct or wrong, but its one of those things, everyone understands the unease. If youre somebody like carl icahn who has made his fortune putting money at risk when everybody else was panicking and it seemed like things were cheap, thats not really the environment you feel like were in right now. You had an interesting discussion about these gentlemen on twitter yesterday. In part, the conversation went, are they uncomfortable with a communi
Missing. The man hunt for this suspected kidnapper ends in a hail of gunfire. But tonight the 15yearold victim is still missing. The search for pinson accused kidnapper headed dozens of miles away. Thats where betty yu is with the wild number of events. Reporter the drama startedded with a kidnapping and ended with a chase and shoot out that ended on the street behind me. As you can see, it is still active hours later. Chp has the road closed off for the investigation. Coroners detectives just arrived to make a positive id on that suspect the search for a kidnapping suspect ending in gunfire more than 300 miles from where he was last seen in vallejo. There were two separate shootings that occurred. He was struck and killed. Shots fired, shots fired. Reporter these pictures showing a moment before Fernando Castro was shot. Other drivers scrambled. We got a text from my aunt that he was almost ran over. So we rushed out here. Reporter witnesses told police castro was yanking pinson as sh
Missing. The man hunt for this suspected kidnapper ends in a hail of gunfire. But tonight the 15yearold victim is still missing. The search for pinson accused kidnapper headed dozens of miles away. Thats where betty yu is with the wild number of events. Reporter the drama startedded with a kidnapping and ended with a chase and shoot out that ended on the street behind me. As you can see, it is still active hours later. Chp has the road closed off for the investigation. Coroners detectives just arrived to make a positive id on that suspect the search for a kidnapping suspect ending in gunfire more than 300 miles from where he was last seen in vallejo. There were two separate shootings that occurred. He was struck and killed. Shots fired, shots fired. Reporter these pictures showing a moment before Fernando Castro was shot. Other drivers scrambled. We got a text from my aunt that he was almost ran over. So we rushed out here. Reporter witnesses told police castro was yanking pinson as sh