high after reports the i.t. company may be sold to rivals for 20 billion u.s. dollars. an appalling and detestable liar that s what the u.s. attorney general jeff sessions denies allegations he colluded with russia in a heated exchange with lawmakers on capitol hill. i recused myself from any investigation into the campaign for president, but i did not recuse myself from defending my honor against scurlous allegations. the london fire brigade confirms a number of people have died in the massive blaze that has engulfed a large tower block in the western part of the city. dozens are injured the cause is unknown in my 29 years of being a firefighter i ve never seen anything of this scale i m very sad to confirm that there have been a number of fatalities good to see you this morning. i ll start with the breaking news from the iea, the latest monthly report on what is going on in the oil market recent weakness in oil demand growth is likely to prove transitory that s what
today from the conference. it is moving stocks and it is also creating new hope. we do begin with the american auto industry with car prices soaring to all time highs and record numbers of americans are turning to leases to keep those payments as low as possibility. for you, the consumer as well. is behind the wheel for us. give us the lowdown. phil? the numbers are eye popping as are the people taking out good old fashioned auto loans. looking at the first quarter of this year. look at the average auto loan. the amount financed almost $29,000, up more than $1,000 compared to the first quarter. the average monthly payment up to $488. 67 months and between 73 and 84 months, basically to seven years, look at the growth there. 30% of all of the new car loans in the first quarter were to seven years in length. for a lot of people, they don t want to buy or stretch it out over seven years. they are turning to a two, three, or four-year lease. they were done through leases and th
may have to do about it that has come to the forefront. the president set to be briefed if he hasn t been already by his national security adviser the secretary of defense james mattis as well on a way forward on a plane forward. what they may or may not do. other top officials here in florida with the president for this showdown with china. now the issue of syria and how to go about it. it s at the forefront as well. what should happen. i think it is a disgrace for humanity. he s been a think that should happen. the secretary of state rex tillerson also here. on his way down. he was asked by reporters if a coalition should be put together to try to remove him and tillerson said those steps are underway. this is a remarkable change from the administration over the past week when they said last week that the regime change was not at the forefront but then you have the present yesterday saint after he saw all of those images and has had an effect on him. he must be flexible. yo
hurricane, we have the latest on the storm s path ahead. outrage after california petitions to become first state to offer for illegal immigrant spending your tax dollars coming up. wall street journal this morning reporting that the company is building bids this week, one person making the case, sales for ceo. what he says twitter is an unpolished jewel. that s coming up. plus, paying for your money atm fees. markets expected to open lower. concerns of a monetary policy weighing on investors around the world. in europe declines across the board as well. snapping a six-day winning streak in the euro zone. the other averages mixed as you can see there. coming up this morning joining me to talk about it dagen mcdowell, recon capital kevin kelly and fox news contributor judy miller. good to see you, judy. thank you. dagen: good morning. you want my quick take. tim kaine was the goal to look like and act like a troll during the debate that makes hillary clinton warm, if you f
seeing signs of deflation and why the fed should not be hiking rates right now despite what was said today. we ll get the case in a little bit. let s start with the sell-off. bob pisani is tracking the action here on the floor of the new york stock exchange. bob? finally volatility. about sometime. six weeks, a slow market overall. last time the dow moved 1%, july 8th. we re due for volatility. we re reminded, hey, the markets aren t positioned for a possibility of a september rate hike. what will you do? sell interest rate sensitive stocks. utilities market leaders all year. what else do you do? might play a steepening yield curve and why financials might be improving. you can bet insurance companies of met life and prudential have happy. they had a miserable time in this environment. you bid up the dollar. that puts pressures on commodities and why they have been weak today. that s why you see stocks like y rio tinto down. what else do you do? you buy volatility. so every