The great bob cousey, former point guard for the boston celtics. Well break any headlines that come out of white house as the hour goes on. Apple revealing the next lineup. What we know about the upcoming product. The release of a socalled proiphone. New concerns over vaping. Cdc now investigating the link between the rising trend and mysterious illnesses reported in 16 states. Melissa fox Business Team coverage. Blake burman is at the white house, gerri willis is on the floor of the new york stock exchange, Edward Lawrence live from jackson hole for the feds annual meeting and phil flynn enjoying all the action in oil at cme. Lets start with blake burman. Blake. Reporter melissa, President Trump continuing his criticisms of Federal Reserve. What is new for the president , a main focus of the president today was specifically focusing in on germany, the negative bond yields there. This is what the president wrote at one point earlier today, saying germany 30 year bond offering negative
Dow fell about 150 points as President Trump says this morning theres no trade deal with china just yet. Shares of p g, Procter Gamble, up 4 after its Earnings Report. This is a record high for this stock. Well have much hoar on that later on thank you very much with the dow just above 27,000, the president this morning saying we would be 10,000 points higher at 37,000 on the dow if not for the feds actions. So with 24 hours to go until the fed decision, we know the president would give jay powell an f for his performance as fed chair, but how did chair powell do in the cnbc fed survey . Mr. Liesman knows. Steve. Yeah, im not doing the grading. Our panelists. About 40 or so economists and fund mangers in the survey, giving powell a bminus. You can see how this compares with the final grade of yellen, a bplus, and bernanke at a straight b and you know what, powell had to navigate hikingerates and then going to hold and then going to what looks like a cutting modality here, mode for the
Again . He might stephen this is easy. I think i think stephen he would stop them . Um um stephen tell you what, take your time. While you attempt to add a verb to that sentence, i am just going to whittle. He might might make an effort to speak out about it. Sir, final question about the 2020 race will President Trump be reelected . Were going to get there by any means necessary. Does that include ballsout racism . Thats 100 correct. Announcer its the late show with Stephen Colbert tonight on tumbling down. Plus stephen welcomes Jake Gyllenhaal, Marianne Williamson, and comedian Daniel Simonsen, featuring jon batiste and stay human. And now live from ed sullivan theater in new york city, its Stephen Colbert cheers and applause theme song playing stephen come on whoo nice job hello cheers and applause band playing yeah yeah cheers and applause welcome. Welcome one and all, ladies and gentlemen, to the late show. Im your host Stephen Colbert. cheers and applause now, folks, heres the si
Shanghai and tokyo were moderately lower the nikkei finished down by almost 0. 9 . The shanghai was down by twothirds of a percentage point. This comes as we were getting manufacturing data out of china showed theyre still contracting. It was better than anticipated the number was 49. 7. That was better than the 49. 6 anticipated. Still below 50 in hong kong, the hang seng was down 1. 3 . Trading was cut short there because of an impending tropical storm. Markets were normally close at 4 00 p. M. Were suspended for the second half of the day this morning there are a mixed picture. The dax is up. The cac is up slightly the ftse is down a bit finally look at whats happening here in the treasury markets the tenyear right now ahead of that fed meeting, 2. 054 lets look at whats happening with gold. That could be a mover after todays fed decision gold is up more than 10 in the last three months. Apple big number of the week and its our top corporate story. Earnings and revenue topped estima