Tomorrow at 2 30 p. M. Eastern time right before the show, fox business will bring it to you live, as the economy is emerging as a bright spot for President Trump. Unemployment hitting 16 year low, Economic Growth in coming year is expected to hit 2. 3 . Bigger than one. 6 of last year 1. 6 of last year. President signing most bills into law of any president in last 70s years. From little to big items, more than a dozen measures rolling back obama era regulations. And president , announcing in two weeks time he will have a new plan on fighting terror including isis. Senate democrats just want their hearing with attorney general jeff session tomorrow. You heard a sad trombone noise. Rnc chair saying there is lack of evidence. I dont think that should continue. We need to figure out what russia did with regards to the election, the president has said that but do not have a single senator saying there has been definitive evidence. We have former House Speaker Newt Gingrich calling for con
Somalia and lebanon. It rules the president does have the power to control immigration but exceeded his Authority Given to him by congress. Cases should be decide on the rule of law. When you look at the when you look at what the law is that allows the president to do this. Thats what we were deciding on. Any lawyer with their salt fully agrees the president is within his rights and responsibility to do what is necessary to protect the country. Reporter the u. S. Supreme court is asked to throw out the injunctions and allow the travel ban to be implemented. And rule on the legality of the travel ban. If the Court Decides to hear arguments on the legality of the ban, those could take place in the fall. Gerri what does this mean for trumps efforts to ban this. There is nothing in this decision about tonight comments president elect made, the rhetoric and comments as indicative of intent. The reason for that is they knew full well the 9th circuit that its not at all clear such comments ca
Nike on a downgrade from jpmorgan after those layoffs yesterday. Apple getting serious on content hiring two big time executives from sony. Well go live to miami ahead of the president s expected announcement on cuba this afternoon. We are getting some breaking news on whole foods. Holy cow. I heard you gasp just now. This is such a game changer amazon to buy whole foods. You know yesterday was a day for kroger that was tough today will be an even tougher day. This is a game changer this is it this is what everybody thought could happen they will now dominate food within the next two years. Wow. Just yesterday we were reading a piece in texas monthly, john mackey, basically going after activists saying theyre not interested in the long term. More interested in the short term stock was halted i would say about four or five minutes ago for news pending but this this is wow. A day well remember for a long time. Yes, we will. I guess mackie had enough of them hes one tough hes a tough guy,
Nothing the last couple of weeks . I think the last ten days, weve been talking about the distinction between having a longerterm portfolio and wanting and needing the exposure to technology and really not touching the technology in the longerterm portfolio. This is a shortterm trading event. I think today we are bouncing. I dont think its over for a lot of the volatility that were seeing in the fang names we could see more, if you want to selectively buy in your longerterm portfolio, im fine with that, and as far as getting out of amazon, longer term, i dont think thats the right thing to do. Okay, difficult to get inside the head of somebody whos not sitting here to answer the questions himself or herself but weiss, what does it say when a guy who runs a tech fund at a big place like t. Rowe price, whos beaten 99 of his peers over the last decade has said enoughs enough on amazon and says the following when sentiment lifts, that is when we usually take money off the table. That is ha
Replace obamacare. Hospital stocks are leading the way, but insurers are outperforming the market and drugmakers, too, have been going up well have much more on the proposal and the impact on various stocks thats coming up in just a few moments here. Molina health care is one insurer really profiting from obamacare. How will the bill affectmanage cops like molina well have the ceo weigh in. And were pleased to welcome Goldman Sachs new president and chief executive officer Harvey Schwartz who is with us here at the New York Stock Exchange. Well talk with him exclusively about financial reform, the latest round of the stress tests which, by the way, are coming out a little more than an hour from now a lot to talk with harvey coming up in a little bit here. Lets begin though with the Health Care Stocks rising after Senate Republicans released their discussion draft of the bill Kayla Tausche joins us from washington with some key takeaways. Kayla. The discussion draft is seen as an openin