right now on early start, lost at sea. the all-out search under way to find a small sub that was taking tourists to the titanic. and new talks to bring americans detained in china back home. and tropical storm gaining strength, tomorrow it could be a hurricane. welcome to our viewers in the united states and around the world. i m christine romans. it is a race against time to find the five people aboard that submersible. contact with the craft was lost sunday. it has only about four days worth of life support aboard. a billionaire is one of the five passengers along with a father and son from pakistan. brian todd has more. reporter: an urgent search and rescue operation is under way in the north atlantic to find a lost submersible with five people aboard. coast guard has a ship and aircraft on the scene. canadian ships and planes joining the search as well. along with the polar prince, the vessel that transported the missing submersible to the site of the titanic wr
good evening, peter. good evening, bret. people with student debt can start applying to have some of it canceled in october. right before the midterms. but it s unclear how many democrats are going to make canceling student debt part of their midterm campaigns. the amount of deficit reduction we have seen is enough to pay for this program. peter: that doesn t clear up where the money is coming from. some democrats are seeking distance including congressman jake awesomen clots. i think with similar amounts of money you could have extended pell grants medical debt for household throughout the united states. this would be more fair. and congressman tim ryan. i think a targeted approach right now really does send the wrong message. a lot of people making 30, 40 grand a year that didn t go to college and they need help as well. peter: the vice president claims the republicans are being hypocritical. a are the of the same people who are criticizing what we rightly d
fed s interest rate pause. best weak since march for the nasdaq and s&p. and gas prices held steady overnight. and main event is congressional testimony from the fed chief later this week, housing starts are due out later this morning. u.s. stocks look like that they are thriving despite all the economic uncertainty, which leads to the question is this too good to be true? let s bring in chief global strategist at principal asset management. the s&p 500 technically entered a new bull market. and so what is driving the optimism? sgm. well, i think that what is driving optimism is simply just down to a handful of stocks and the meta cap tech stocks driven by the ai craze. if you look under the surface of the s&p 500 for example, you can see most of the other sectors