Year not beating estimates. David it looks like their stock is down in the premarket about 2. 5 . Home depot before you so rudely interrupted me alix david is funny today. David not very funny. Per depot beat earnings share, a little light on revenue. They basically blamed a lot on lumber disinflation, basically. They are warning a lot about china. One is how they want to eat up the lumber costs, a 21 drop in the cost of lumber. At the same time, you have continued slowing homebuilding, but theres a lag for that. Home depot not necessarily feeling the full effect of that could weakness. Because of the price of lumber, overall sales are down. They took it down for the year. There estimates went down. Ls, theykoh reaffirmed their adjusted Earnings Guidance on that comp sales mess. We will dig into retail more over the next couple of hours. The equity markets looking a little bit soggy here, with s p Futures Party much flat. Dow jones off by about five. It doesnt feel like theres a lot of
This event. [inaudible conversations] hello everyone. Hello, hello. Thank you for coming today. We really appreciate you being here. My name is Michael Redman i am the vp of programming for the National Commerce club. It is our first event of 2024. We are very excited to welcome you to this venue for this. Keep an eye out for emails that will be reminding about our next events in person here again in a couple of weeks it will be a very interesting events on fiscal policy in the u. S. And what it all means in the very contentious year for debates. I would also like to thank robin for finding our speaker here today. We are really pleased to welcome mark to present to us. His ideas for 30 minutes or so we will follow it up with q a where you will have your chance to ask a question for just remember every question ends with a . Please stick to that. [laughter] he is the chief economist at moodys analytics. Is a provider of Economic Research and analysis. He is the author of books on the fi
president trump, partly out of concern it would give the appearance of pressure on the attorney general. politico argues that the first three hearings essentially did that for them, laying out stark evidence that trump and his allying now the election was not rig, but they pushed the big lie anyway. there s new evidence that the department of justice may be growing frustrated against the committee as well. we learned of a strongly worded letter by the doj, in which the department accuses committee members of complicating investigations by withholding transcripts of witness interviews, it says, quote, are not just potentially relevant to the overall communications, but likely relevant to specific prosecutions that have already commenced. however, committee chairman bennie thompson made it clear he is not rushing to help out. we ve interviewed over 1,000 witnesses, that would mean we have to stop what we re doing to then work with the department of justice. we will eventually
duty that day under the constitution and the laws of country. one lawman said if given the chance, members of the proud boys were willing to kill pence on january 6th. in just a few minutes we re expected to hear from former president trump speaking to the faith and freedom coalition in nashville, tennis is. earlier he released a statement that said in part i never suggested to vice president pence that he overturn the election. all this coming, as we said, the latest hearing that provided vivid new details about the former president s pressure campaign on pence to overturn the election and pence s consistent refusal to go along with that. luke is a congressional reporter, elise jordan worked in the george bush administration, and barbara mcquade is a former u.s. attorney and law professor and vaughn hillyard is with me. he will be watching the former president s remarks. he s about an hour late in is the faith and freedom coalition, the ralph reed-led organization that
where 19 children and two teachers were gunned down at robb elementary school, the president address the nation about guns and mass shootings. pleading with congress to do something. more kids than soldiers killed by guns, for god s sake. how much more carnage are we willing to accept? how many innocent american lives must be taken before we say enough? enough. the president took to the page of the wall street journal to outline his plan for tackling inflation and rising prices. in a new york times op-ed, he announced his approval of advanced rocket systems and munitions for ukraine as it battles russia s invasion. russia s war as contributing to high gas prices here at home. and then there is the baby formula shortage, which the president said he did not personally know about until april. now, despite good jobs numbers and low unemployment numbers, his job approval rating remains low. on friday, the president reminded the country that finding a solution to rising prices