By mutual of america designing customized individual and Group Retirement products. Thats why were your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening, and thank you for joining us. A surge in immigration raids ordered by the Trump Administration has led to the detention and likely deportation of hundreds of immigrants across the United States. The department of Homeland Security tells the newshour during the past five days there were targeted enforcement operations against criminals and undocumented immigrants from a dozen latin american countries. Without releasing total arrest numbers, d. H. S. Says the operations have occurred in california, illinois, new york, north carolina, South Carolina and georgia. Immigration rights advocates say there was a
It has nice pretty mountains. Very strange place. Anyway, senator greg is here with us for the rest of the show. Were going to get caught up with him in a moment. Among our top stories this morning, fed chair janet yellen returning to capitol hill this time to return to the House Financial Services committee. She told the senate panel waiting too long to raise Interest Rates would be unwise. We have eight meetings a year and it means that at some meetings we would, if things remain on course, increase our target for the federal funds rate and not act at others. And precisely when we would take an action, whether its march or may or june right. I know people are focused on that. I cant tell you exactly. They are. They are. Just so you know, they are. I cant tell you which meeting it would be. I would say every meeting was live. That was their goal to make sure they know every meeting is live. Every meeting could potentially lead to a rate hike. Lets check out the market reaction. The s
House. Europe is mostly green. The tenyear cracks 2. 51, Oil Inventories are headed our way. Our roadmap begins with retailers meeting President Trump. Wellknown Retail Executives headed to the white house this hour expected to make their case against a proposed border tax plan. Plus, the s p eyeing its longest winning streak in three and a half years with fed chair janet yellen back on capitol hill today, can the broader markets continue to hit these multisession highs . And pepsi beats on Strong Demand for healthy snacks and drinks. Hue johnson, the cfo will join us on cnbc. First up, Retail Executives set to meet at the white house this morning amid industry concerns about a border tax on imports. Including ceos of target, gap, best buy, jc penney. Later on the president will hold a joint News Conference with israeli Prime Minister Benjamin Netanyahu before their white house meeting in the middle of the day. Jim, so many directions to turn today. Our coverage is going to sound a lit
All right. Im tired of hearing about the koolaid as in cramers drinking the koolaid again. On a day like today where the dow gained 107 points, nasdaq cliemded 0. 64 , i got to tell you, i know what the koolaid looks like and what it takes like and this aint it. I actually covered the horrific event where the phrase drank the koolaid came from. Back in 1978 i was a reporter covering everyone who died violently in california for the late lamented harold examiner. I was assigned the actual jim joans case, the man who lured 900 of his followers to his death because they did drink the koolaid. That concoction was laced with cyani cyanide. This market i think its laced with some tried and true principles. But to get upended by the rhetoric is next in line for the peoples temple potion. What are some of the oldfashioned concrete methods that can call this poisonous tonic into question. Lets start with the transports. It its one of the old evidence theories when it comes to stock before you c
Right now. Good morning. Very warm welcome to Worldwide Exchange on cnbc. Im wilfred frost along with Courtney Reagan in for sara today. Good morning. Very good morning. Its throwback thursday, with courtney here were throwing it back to country hits. Youll have to educate me as we go through. Who is this . This is lady a. , right . Lady antebellum. I guess well have some garth at some point . The only name i know. I hope so. Throwback thursday, and another record high for the markets. Yesterday all three four including the russell 2000 yet again hit record alltime highs. Led once again by the financials. Albeit a slightly broader rally yesterday than the prior day. Renewed hopes of a trump tax plan, strong data which drove up yields, which drove up financials, as i already mentioned, some earnings, the likes of pepsi, Procter Gamble leading the Consumer Sectors higher. The bond proxies like utilities were underperformers. We are called fractionally higher today. Thats a better picture