Lori nice rally underway. Good afternoon, everyone. I am lori rothman. Melissa i am melissa francis. It has been 1351 days since the senate last passed a budget despite the law. They must pass a budget every year. Lori speaking of cash, treasury, budget him a new is jack lu . A man who is likely to be dominated the next treasury secretary. Melissa it is no secret that Congress Even the cardassians. Lori cannot wait to hear the results of that. Lets check on the market. It has been 15 minutes since we last checked with Nicole Petallides. Nicole there are nice gains. We have come off of our earlier highs. Still, the Dow Jones Industrials up about 55 points here on wall street. The u. S. Dollar also with an up arrow. Commodities are pulling back. Lets take a look at herbalife. A name that has certainly been in the news since the middle of december. We sell the stock shooting up. This is an 8. 2 stake. What you see is that pushing the stock to really jumping. We will continue to follow thi
We are seeing the jump. Earlier today it was up over 20 . 22 . The anticipation here that the markets are somewhat unsettled. Adam sandra smith has the latest on the developing story in todays trade. Sandra maybe gold will go higher this year. I want to bring to your attention, gold. Right around the unchanged mark. It was seen as a major resistance level. Nonetheless, higher for the day. Bringing up a weekly chart, higher for the week. The fifth straight day for game for gold prices. This is the story we are looking at so far. Contrast to what we saw last year. It has been seeing the biggest amount of daily inflows in weeks. In some cases, months. A lot of attention. Maybe a turnaround for the gld as well. Back to you. Adam sandra smith, thank you very much. Lori argentina surprising. The fed will print fewer dollars, which in reaction, has a basket of foreign currencies weakening against the greenback. Welcome back to the show, hank. Well, look, we have more uncertainty right now tha
Seekers. The focus squarely on tomorrow very critical january jobs report. Melissa speaking of jobs, Problem Solved . President obama breaking up his jobs council after two years and a whopping total of four meetings. That is a lot of work. Lori the worlds biggest drug makers with the competition from generics keeping them on the hamster wheel. There is good reason to be optimistic on the big pharma stocks. They will tell us why. Melissa and a possible conflict between israel and iraq. Lori an update on the market and this thursday afternoon. 15 minutes since we last heard from it the New York Stock Exchange. Last trading day of the month. Off about 16 points. Nicole this has been a really stellar january. Dont forget since 1950, 83 of the time as goes january, so goes the year. The major averages gaining him a big way and the s p 500. We will see that holds for the year. The one index squeezing out a gain. From positive territory into ago. The dollar has weakened, helping equities alo
Strucktive and cooperative engagement with russia. As we know when the United States and russia are working together and getting along its good for the world and its good for peace. So its an opportunity again for the two World Leaders to come together and talk about a variety of topics. You know, mercedes, it is amazing. There is so much to talk about. We can do it with the positive news for an hour. With what has happened with north korea now meeting with putin, the Supreme Court justice. I mean the president is on a roll. Mercedes schlapp so good to see you again. Thank you so much. He is. All right. And while the trump agenda saw a lot of progress this week, the deep state continued to collapse and deputy a. G. Rod rosenstein was in the hot seat. Take a look at this. Why are you keeping information from congress . I am not keeping any information from congress. I want to know why you wont give us what weve asked for. Sir, i certainly hope your colleagues are not under that impressi
Commentary, newsmaker interviews and panel discussions. Commentary, newsmaker interviews and panel discussions. Completely debunked the campaignrelated charges. Lets take a look. The general counsel for the clinton mob family, lanny davis, he had his client pleaded to two counts of criminality that dont exist. These Campaign Finance violations all over tv saying implicates the president directly. Re first, lets back up. It is a guilty plea. It is a plea bargain between ale prosecutor and a criminal. A criminal who doesnt want to spend the rest of his life in prison. That is not precedent. That applies only to that specific case. Nobody cites Plea Bargains for precedent. Thats number one. Number two, just because a Prosecutor Says that somebody violated a campaign law, doesnt make it so. Hes not the judge, hes not the jury. We didnt adjudicate anything. It never went to court. Thats number two. A Campaign Expenditure under our
federal Campaign Laws is an expenditure solely for campaign