The moves weve seen markets everywhere were rattled by this news look at the treasury market. The tepyenyear went all the w down to 1. 89 . This morning the yield is lower, 1. 847 this is happening as you look at yields rolling back to levels we have not seen since november of 2016 the 30year is yielding 2. 377 the twoyear is at 1. 70 the five year at 1. 648 overnight in asia, stock theres took it hard you will see that the nikkei was down 2. 1 . The hang sens off by 2. 35 the shanghai was down by 1. 4 . In europe this morning, there are red arrows there as well with significant losses. The cac is down by 2. 75 the dax is off by 2. 6 the ftse off by 1. 9 so around the world all of this, people are watching closely to see what this means for the economy. Maybe no better market to see that in than the move in crude oil prices yesterday wti was off by more than 4. A decline of 7. 9 . Thats the worst single day performance since february of 2015 concerns about what this all will mean for t
The former Vice President talking about trumps indictment now. January 6th was a tragedy. Ive spoken and written about it extensively. I have nothing to hide. By gods grace i believe we did our duty that day. Fulfilled the oath that id taken to the constitution and to the American People. The constitution is quite clear about the role of the Vice President in the counting of electoral votes. It essentially says the Vice President presides over a Joint Session Of Congress where the electoral votes that are certified by the states shall be opened and shall be counted. And irrespective of the indictment i want the American People to know that i had no right to overturn the election. And that on that day President Trump asked me to put him over the constitution but i chose the constitution. And i always will. And i really do believe that anyone who puts themself over the constitution should never be president of the United States. And anyone who asks themselves to put themselves over the c
in for harris today on the faulkner focus. john roberts writing in the majority opinion, this court has never drawn the line the secretary suggests and for good reason. among congress s most important authorities is its control of the purse. justice kagan with dissent writing the majority overrides the combined judgment of the legislative and executive branches with the consequence of eliminating loan forgiveness for 43 million americans. i respectfully dissent from that decision. white house says we ll hear from the president directly on this ruling later today. in the meantime let s bring in shannon bream, fox news chief legal correspondent. a lot of political back and forthing now in washington responding to this decision but at the end of the day as you pointed out last hour, the court was not ruling on whether this was a good policy or fair policy. the court was ruling on whether the president had the constitutional authority to issue this directive in the first place.
calling the explosions targeted attacks. a bank, then another at a nike store and a suspect through a molotov cocktail at a grocery store. no one hurt. authorities are searching for the suspects. david spunt has the latest. very scary. police now on the hunt for what they believe are several people likely behind these attacks, thankfully no one was injured. several properties sustained severe damage. it happened at the businesses in northeast d.c. early yesterday. each location is a business. one is a bank. someone detonated an explosive outside the building causing damage inside. the second was a nike store. third minutes later at a safe way grocery store all closed. there was a molotov cocktail like object into the store. the suspect and a likely vehicle. likely one of several suspects. a gold or champagne colored acura tl with maryland plate. now the local police and federal alcohol, toboggan and firearms putting together why. there is $20,000 reward leading to the sus
economists say this one should not hurt the economy. joining me now is cnbc senior analyst, congressional continue, julie tsirkin, and nbc news white house correspondent, al allie raffa. i want to read a few notable things. jason fuhrman, the former deputy director of obama s national council says the fed will be happy. the economy needs cooling off and this takes pressure off interest rates in accomplishing cooling off. a jpmorgan chase analyst says the agreement could function as the equivalent of a quarter point increase in interest rates in terms of helping to restrain inflation, and ben harris, a former deputy treasury secretary says the most important impact is the stability that comes with having a deal. markets can function knowing that we don t have a cataclysmic debt ceiling crisis looming anymore. so, ron, explain that to us. explain what they re talking about. so katy, i m going to take answer number three as the most accurate one. i just think avoiding a debt