Joseph. Were happy to have you here. Always. People have things. Its summer. If they asked me next week, i would say no, im on vacation. Even to spend time with you, i would turn that down. You know what, i take everything you say seriously, because it just makes me, right, i believe you. Yeah. Theres no reason to not believe me. Its not necessarily sarcasm. Not necessarily. Lets take a check on u. S. Equity futures. Joe mentioned towards the end of the session, we came off in the middle with the higher beyond yields, take a look at how were set to open. Look looking to lose 8 at the open, the dow looking to lose 49. After a day of declines. The dow fell 291 points on track for the worst week since march. The dow, s p and nasdaq are down more than 2 of the week. For the dow, its the first time it closed below its 50day moving average since june. Check out the pullback in technology. We have been talking about this for some time. The declines are stark. Apple, meta, microsoft, each more
County, virginia. Next. Dana Fox News Alert now. Former President Trump is in federal court in fort pierce, florida, where his legal team will present arguments in a bid to get his classified documents case dismissed. They claim mr. Trump is protected under provisions of the president ial records act and they are asking the judge to reject prosecution claims of espionage and obstruction. Americans trapped in haiti begging for help in the rush to get them out as vicious gangs take overturning haiti into a lawless danger zone. Welcome to a new hour of americas newsroom. Im dana perino. Bill good morning. Second hour begins now. Im bill hemmer, good morning. Right now a team of Elite Marines on the ground in haiti to defend the u. S. Embassy and help secure the safety of americans there. The Island Country as it descends into bloody chaos. Notorious Gang Leader Barbecue at the center of growing violence calling for a bloody revolution. It sparks fears the crisis could go spew into the u.
Neil gas driving inflation along with food and hotels, thats the threat sort of like 3 strikes and youre stockpiling is out. Are costing more with the latest wholesale Inflation Report. We will not see the interestrate cut for 3 more months. The june cut was looking good and more like a given. Now not so much. The headline Inflation Numbers stronger than expected and paroled to higher prices. Consumer is more resilient than expected. Hoping the fed buddies up on Interest Rates when the cost of that gas keeps going up. Larry glaser on what is adding fuel to the fire . Reporter you called it. Gas prices continuing a multimonth high with the nations battle against inflation, two steps forward, one step back. In this battle, what you see is lack of spending is not the problem, they are taking on debt to spending. Credit card debt is soaring, delinquencies, auto loans but also at the federal level, federal debt is soaring. The National Debt rising at 1 trillion. The spending is the issue bu
Donald trump is collect ago lot of briefs in florida where a judge is being asked to dismiss the classified documents case. If georgia, another judge is deciding if fani willis should be booted from that election interference case. In new york, no less than the District Attorney is requesting more time to prepare that Hush Money Case. So many cases, so little time. Welcome. Im neil cavuto. Hard to be brief when you have all of this going on. Lets go to Steve Harrigan in fort pierce, florida with the latest on what happened in that courtroom. We understand the former president left a short time ago. Steve . Thats right, neil. Things here just wrapped up about an hour ago. This is the documents case. Documents taking to maralargo, trump and two of his aides accused of mislandling the documents yet. Theres no ruling. The judge Appointed By Trump said it wont be dismissed. It was jack smith and former President Trump in court today for several hours. Really facing off. No exchanges between
The most who are concerned about the up side risk a number were two sided and we learned for the first time in these minutes that couple participants, just people at the table there among the Bank President s, wanted to keep the rates unchanged so that they were not in favor of they were not voters apparently or if they were, they didnt vote what they said their concern was, wanting to keep rating unchanged. Going to on give you some positive comments and ill offset those with negative or hawkish comments on the dovish side, some saw signs that inflation could be softening. Continuing signs of supply and demand in labor coming into better balance tighter financial conditions were expected to slow consumption and gradual slowing appeared to be in progress in the economy. That was back when they met in july however, that has not been the case here are some of the negative hawkish comments they said real gdp demonstrated resilience that has been the case over the intervening period and th