who will be that winner? south carolina senator will be throwing his support behind donald trump tonight. who does that hurt more? nikki haley who was the former governor of the palmetto state or ron desantis who just moved most of his campaign staff to the palmetto state. what the florida governor makes of this latest move. ron desantis is here and only here. neil: welcome. busy show for you. the governor will be joining us shortly. bryan llenas in new hampshire on the fast-moving developments and separating move by senator tim scott. bryan? neil, good afternoon. well, for senator tim scott ready to endorse former president donald trump. we know that they will make an appearance at a rally in new hampshire. it s important to know that sources tell fox that both haley and trump called to try to woo senator tim scott on their side. but in the end, the senator chose the frontrunner, trump. now, he did that despite the fact that haley is the one that appointed scott to the s
Good morning looking to debate debit australia. I am paul allen at the Investment Conference in sydney. We are counting down to asias major market opens. Good evening from new york, i am stare on. The top story this error. U. S. Stocks and treasuries rise as the latest five comments fuel speculation the central bank is headed toward another pause in rate hikes. President biden boastful support and military aid for israel. The combined death toll now approaching 2000. And china is said to be ready to unleash a new round of stimulus. Take a look at how u. S. Features are coming online. 20 early in the session. We have stocks and bonds gaining ground on that commentary coming from a fed official. We have the s p 500 gaining ground for third session. A little bit of a technical rebound. We have the 10 year yield fallen toward that 4. 6 level. A little bit of catching up for treasuries with a global bond round. We are looking ahead to plenty of data including thursday cpi numbers. Not to me
When the 2 00 p. M. Deadline came and went. We will see what happens. These are happening not necessarily at this level, but all over at more campuses yesterday. South florida. You know, if you are watching, it could be any university at this point. Im not surprised to see it happening. Crazy. Everyone comes to these conclusions at the same time at every university. Very strange. Media news. Something that is easier for us to understand, i guess. This is not easy. Bob bakish is stepping down. Me merger negotiations with s skydance continue. Cbs president george cheeks and showtime Ceo Chris Mccarthy and Paramount Pictures chief Brian Robbins will be on the board. They reported 62 cents which beat estimates. We will talk more about the paramount news with rich greenfield later in the hour. To news about the Parent Company that Nbc Universal is prepared to pay 2. 5 billion a year to air a package of nba games. Warners tnt has been paying 1. 2 billion a year under the current deal, but fa
Down 70 points. The nasdaq was the standout yesterday adding 1. 6 to close at the alltime high. Apple was up 4 on reports that it could be overhauling the mac line. We have more coming up in a bit. To the treasury market, lets look at what is happening with yields. This is a wild week for yields. The tenyear yield is lower. Still well above 4. 5 . 4. 53 right now. The twoyear note at 4. 92 . Lets also look at crude oil prices. The prices are moving higher on rising tensions in the middle east. In fact, this morning, you see things up by 1 for wti. 86. 05 a barrel. We are waiting for the banks to report. Over the next hour, Jpmorgan Chase and wells fargo and the Worlds Largest money manager blackrock and citi will turn in the First Quarter report card. We will get reaction as soon as numbers are released. We need to get to leslie picker because black rock is out. Leslie. Bottom line in at 981. A 24 year over year. Top line is 4. 728 billion. Up 11 year over year. Aum at 10. 5 trillion.
Thank you very much again for being here. Thank you, gary for joining us. Bright and early. The topic is taxes, taxes, taxes. Well start off with alabama. Original. We had a lot of discussion about taxes with your colleague last night chl well go over that ground and more detail. And ask more some of the more longer term questions. Let me start off with something i did ask secretary last night. See how you answer it. Why is now a good time to be cutting taxes to be increasing the deficit significantly. Know estimates vary. This is a 1. 5 this will Immediate Tax cut. 78 of gdp. Total revenue is about 17 . Quite low. The economy is close to full employment. This is seems an unusual time to add such a huge amount to the deficit. Why now . So let me take that question into piece ts. You ask a loft different pieces in there. Lets start with the core issue here. When you look at whats happened to the u. S. Work force since the recession, yes we have created jobs. Were at 4. 1 unemployment ri