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Wall street watching washington today. Stocks set for a lower open. Google, the banker. The search giant reportedly planning to offer Checking Accounts next year and nikes amazon challenge, the sports wear retailer set to stop selling its clothes and shoes directly to the ecommerce giant. Wall streets going to pay close attention to events on capitol hilld chair powell will testify before the joint Economic Committee of congress and the nation will hear public testimony from house impeachment witnesses for the first time the inquiry surrounding the president s actions toward ukraine, for our purposes, jim, well see what powell says first as we expect him to say the economy is in a good place. Yesterday was a punitive moment with President Trump calling for negative rates and i think that a lot of what lets just call all of our watchers who are in the professional side of things, i think were unanimous in what was that about, thats off the reservation. I think jay powell is immune to it
StanfordCaliforniaUnited-statesNorwayNew-yorkLouisianaHong-kongTexasBrazilChinaKabulKabolTrain thats heading straight toward a cliff. Mcconnell announcing the gops request to repeal and replace obamacare is a failed. Republicans cannot muster that vote but that means up next. Republicans whether they can get tax reform to take flight and what about people worried about their health care now . Alarming news from the food and drug administration. You may be about to face a shortage of your prescription drugs, even if youre nowhere near puerto rico. And, yes, Hurricane Maria is to blame. Well have the story. Plus, the startup that saved lives in houston, florida now turning into a digital 911 that could help save your life during the next natural disaster. We have the ceo of next door. The app that saved lives during two of the hurricanes that weve just been through. Its a fox business exclusive. On wall street, its all green but the markets are still struggling for direction. A Federal Reserve chair janet yellen confesses she may have been wrong on jobs and inflation. The do
New-yorkUnited-statesMissouriTexasWashingtonFloridaChinaWhitehouseDistrict-of-columbiaIndianaTogoPuerto-ricoCan expect. And polls closing in a few short hours for an Alabama Senate race that could have major implications across the country. Were live in month bombry. Senator montgomery. Senator john hoeven, pat meehan, charlie hurt and gordon chang are among our guest this is hour. David great lineup. The dow is sinking at close. S p is negative too. Nicole petallides on floor of new york stock exchange. It looked in the beginning of the day of trading we might hit three digits to the plus side but janet yellen rained on that parade. Thats right. She basically is on track. They will continue with the rate hikes. Were seeing 76 likelihood of a rate hike in december. They will continue to do it in 2018, 19 and 20. We had back and forth action. Dow at high was up 70 points. Down 16 points. Were selling off again. The categories, sectors, telecom, health care, utilities. Utilities normally a safe play. That is selling off. Fold selling off. Gold. Were not seeing a safe play. Investors moving int
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