Economy remain strong. The unplanned rate has been near halfcentury lows for more than a year. Job gains solid in wages have been rising. These strong labor Market Conditions have underpinned solid household spending, which has been the key driver of Economic Growth over the past year. Fomc meetingf our in january, prospects for growth remain favorable. Judge that monitoring policy was wellpositioned to support that outlook. Since then, the spread of the coronavirus has brought challenges and risks. The virus has afflicted many communities around the world and our thoughts and prayers go out to those who have been harmed. The art break has disrupted Economic Activity in many countries and has prompted movement in Financial Markets. To virus and measures contain will weigh on Economic Activity, both here and abroad for some time. We are seeing effects on tourism and travel industries and hearing concerns from industries that rely on Global Supply chains. The magnitude and persistence of
Good morning, everyone. Earlier today the federal open Market Committee announced a onehalf percentage point reduction in the target range for the federal funds rate, bringing that range to 1 to 1 1 4 percent. My colleagues and i took this action to help the u. S. Economy keep strong in the face of new risks to the Economic Outlook. The fundamentals of the u. S. Economy remain strong. The unemployment race has been near half century lows. The pace of job gains have been solid and wages have been rising, underpinning solid Household Spending which has been the key driver of Economic Growth over the last year. At the time of our meeting in january, prospects for continued Economic Growth remained favorable and we judged that Monetary Policy was wellpositioned to support that outlook. Since then, the spread of the coronavirus has brought new challenges and risks. The virus has afflicted many communities around the world and our thoughts and prayers go out to those who have been harmed. Th
Come through with a monumental deal without vowing to special interest . I will check in with Mike Huckabee. Weve got a big show for you on making money. Charles the markets are rebounding after the were selloff since 1987. Waiting to hear from President Trump when he gets a News Conference and its about an hour for now on the coronavirus. Right now major averages are higher. This after the bank of japan, the peoples bank of china, all of them pumping more into their Financial Systems. Joining me now to discuss all of this, is heather and foxbusiness contributors scott martin. Let me start with you. It seems like the Central Banks are doing their part although President Trump did put out a tweet about the fed doing more. Everyones looking at the government here at home wondering if democrats and republicans can get their act together and do something that will not only stimulate mainstreet but also this market. Yes, were getting stimulus from both sides of the aisle from a monetary per
Significant rally, up eight at the opening bell, a gain of 55, urging the fed to cut rates. We wait to see when the fed is. Some money coming out of treasuries. I want to see it but cant, dont have it but it is up from the historic low of one. 03 , it is one. 12 as we speak. Politics. A mad scramble by the democrats to support joe biden and beat back the bernie challenge. Amy klobuchar and Pete Buttigieg throw their support to biden, beto reappears to back him up. This is desperation time. Today bernie is expected to win the california and texas primaries, all hands on deck for the moderates, they are panicked at the thought of the bernie nomination but there is still bloomberg. He says even if he doesnt do well today he is not bowing out. Democrats are locked in a 3way battle, totally split, at war with themselves. Just wait till you see joes latest gaffes, that is plural. Varney and company is about to begin. Tomorrow is super tuesday. I was waiting for a black man to pick me up and
Her. If your pregnant wife is killed, most people say, i would freak out. As an investigator, when something doesnt look right. And that didnt look right to me. The proverbial other woman enters the picture. She was young, single, and smoking hot. Heather scott drops a bomb. Theyre not doing an investigation, theyre doing a witch hunt. An innocent man is sitting in prison for something he didnt do. The state of texas versus david mark temple. All rise. 178th District Criminal court is now in session. Honorable judge Kelli Johnson presiding. This is a case about a love triangle that turned deadly. This was a pregnant, almost ready to deliver woman, who was put on her knees in the closet and shot in the back of the head. Its been 20 years since Belinda Temples murder, and there was her now grownup son, evan, in court. Hes supporting his father, but this trial is about the death of his mother. Ive been covering the david temple story for a long time, and wondering whether he was going to