Positive open to close out what has been a volatile week plus, more phones, please apple reportedly increasing production of iphone 11 models by 10 the shares are rallying. Also capitalism as we know it, is it dead or how much wealth is too much surprising thoughts from marc benioff and Mark Zuckerberg today. 136 is a good number the Unemployment Rate down to 3. 5. Retail loses 11 k. Manufacturing loses 2 k. Government up 22 this is a number which says to me that the fed can still cut because the sector being stagnant is manufacturing. A lot of that is the fact that the dollar is so strong. It is very interesting, they talked about hey, listen, we have tariffs, dont worry, the dollar is strong and the chinese currency is weak, it makes up for it thats something we have to be thinking about we continue to lose because of the currency so that gives the fed reason ability to move. I dont like that it is all healthcare again reminds me of the old economy. It is also a lot of government wor
That is taking over. It is thursday, it is july 11th. Fbn a. M. Starts right now. Wal walk away, walk away, walk away, walk away. I will follow. I will follow. Cheryl welcome to fbn a. M. Good morning. Im cheryl casone. Lauren good morning. Im lauren simonetti. Let us take a look at how your money is moving this morning. Youre going to like it. The nasdaq will open at a record high today. The s p 500 will recross the historic 3,000 level as investors say a july rate cut looks like a lock. Cheryl the 10 year has been sensitive to all things Federal Reserve including the expectation of that rate cut. As you can see, the yield is 2. 04 . Actually a small fall today. We have seen the yield on the rise recently. Lauren the oil rally certainly continues. Wti at a sevenweek high, 60. 76 a barrel with a Storm Brewing in the gulf of mexico, Oil Platforms being evacuated. Cheryl as u. S. China trade talks on the phone, were waiting for more confirmation of further meetings between the two countr
T 7 00 a. M. Eastern on the washington journal. Meanwhile, they corporations and the wealthy, including provisions that would undermine the tax incentives that the administration relies upon to fund its public, private partnership. In this scenario, the flexibilities of the administration can just become ways to pass the buck for budget cuts to local communities and only low income families. Have seen that time and time again. Programs helping family and seniors i hope that mr. Montgomery and mr. Kurtz prove me wrong. I hope that under their these matters are far too important to too Many Americans. Thank you, senator brown. Thank you, senator brown. Any additional senator who wishes to make in a statement a do so, although we are not encouraging it. You may do so after the vote. Proceed with a rollcall vote on mr. Montgomery and separate voice votes on mr. Kurtz and missed tops. I would like to move forward on the voice votes first. , we wills point proceed to the nomination of Robert
Navy veterans who took part in the battle, and sunday at 4 00 p. M. Eastern on reel america, the film dreams of equality featuring a recreation of the 1948 womens rights convention. American history tv, all weekend, every weekend. Only on cspan3. The cspan bus is traveling across the country on our 50 capitals tour. We recently stopped in baton rouge, louisiana, asking folks whats the most important issue in their state. The number one issue facing my district continues to be flood recovery. In baton rouge, we had a historic flood in 2016, and my district was heavily impacted. My citizens in my district right now are forced to deal with issues regarding fba loans, the federal government considers those loans to be a duplication of benefits, and right now were having trouble getting those families the necessary dollars to recover because with our staterun program, they have to deduct the amount that they received through the sba loans. So now, our recovery has been stalled because of th
At any time. Ill now recognize myself for five minutes for my Opening Statement. Good afternoon. Thanks for being here. Its been over 240 years since our forefathers declared independence and a democratic experiment began. Throughout the entirety of our existence our adversaries have sought to suppress our voting process. Voting is one of our fundamental rights. Our existence as a democracy depends on free, fair and accurate elections. Today we are here to talk about the best way to protect the integrity of our Voting Systems bu the cybersecurity of our Voting Machines and election systems. There are over 10,000 election jurisdictions nationwide that administer elections and even within states, counties use different systems and different technologies to conduct elections. Over a year ago, last september. Ranking member kelly and i held a hearing in the subcommittee titled cybersecurity and sharing the integrity of the ballot box to discuss potential cybersecurity issues with the upcom