Clinton working to appeal to conservatives. Former governors jim hodges and Dave Heineman, a democrat and a republican, here to break down the back and forth in the race for the white house. The embattled ceo of mylan, the maker of the end epipen, claiming shes more frustrated than anyone in paying for the lifesaving epipen, the Company Offering coupons for consumers rather than slashing the actual price for the crucial device. Investors not impressed with her explanation at this hour which involved blaming Insurance Companies and pharmacies. Mylan initially spiked this morning, now its falling one and a third percent. A fox business exclusive coming up, the mylan spokeswoman who quit her job last night over these price hikes. Is she now satisfied with mylans coupon offering . We will ask her. Wall street is watching wyoming, jackson hole, to be exact, doesnt look like a lot of activity right there, but guess what . Weve got the fed president there who may give the best hint yet. Day t
Nikkei down one. 2 , in china the shanghai composite index up not even 0. 1 . Warner comments from the Saudi Arabian oil minister to the downside by 1 2 , 47. 11 a barrel. Nicole the latest on damage control over the skyrocketing price of the epipen including a celebrity whose son suffered peanut allergies. Lauren ryan ryan lochte has been charged with filing a false police report. Highlights coming up. Nicole 5 01 am, we welcome you to fbn a. M. , your first look at the days market, breaking news and what to expect for the day ahead. Lauren are powerful car bomb attack killing 11 Police Officers in turkey ripping through a Police Checkpoint injuring 80 people, no immediate claim of responsibility but the turkish government blames kurdish militants. This is the latest in a string of bombings targeting police or military in the region. It has a large kurdish population. The battle for the white house, Hillary Clinton accusing donald trump of encouraging racial hate. Trump says clinton t
Markets. Julie hyman has the latest. Julie we are seeing a bounce back from the declines we saw on friday, helped in part by oil prices. Keeping supply from coming back online. All three major averages up. Of course folks are also looking ahead to the Federal Reserve decision as well as the bank of japan decision later in the week. Individual e is aidual stocks, this company that is up 76 . Of that is because the fda has approved this experimental drug. This affects teenagers, mostly boys and the parents of these kids have been fighting for parole for quite some time. An outside panel of advisers recommended it be rejected and a gentleman advocated against this drug. Halted earlier after the news came out. Were continuing to watch the news that day. Had a little bit of a pullback late in the week last week, but it is now presumed gains, even though it is not gaining that much today. Of course its size means when it is higher it contributes overall to the market. Shares are rising 3. 3
Little bit of leadership. Getting this committee together, leading it. You have not heard from the fed chair for a number of months. Aboutif she doesnt talk a rate hike, where does she stand in the committee versus her peers . Before yellen, we hear from a slew of fed president s throughout the program. Robert kaplan, and Janice Lockhart joining us from jackson hole today. A big show as we can you down to yellens speech. Calm in the markets. Jonathan very much so. Markets go nowhere. That is the story for the last couple of weeks. Futures are dead flat. Is unchanged. A little bit of price action on the dax in frankfurt. The price action is subdued. Conviction is low. It is a directionless market. It is looking for some direction from the fed chair. Crude. E to have that in a week of losses potentially after three weeks of gains. You want to see a range bound market look no further than treasury. The tightest month since 2006 on the 10 year. We open this week on a 1. 57 . Curve, itend o
Europes largely flat, same for the 10year as revised q2 gdp is largely in line. It is all about the fed today. Janet yellen speaking in jackson hole. 10 00 a. M. Eastern time. And right here, you will hear from former fed governors randy crosser in, fred mishkin and former and current vice chair of the Federal Reserve Stanley Fischer at 11 00 a. M. Eastern time in reaction to Janet Yellens speech. To our man on the ground Steve Liesman, good morning, steve. Cant get over the dress. The clothes. Thats all right. Its were waiting at about an hour now less than an hour now for Janet Yellens much anticipated speech, but in the meantime weve had really interesting fed speak this morning right here on cnbc. Most of the fed folks were talking to see rates going up. Not willing to be necessarily nailed down to a timetable but Loretta Mester did say just about a half hour ago, that she sees the u. S. Economy improving enough for the fed to raise rates. I think well have some strengthening in th