shrinking stocks unfortunately in the pensions. peter doocy on the shrinking poll numbers for a president that just found a new villain for all of this and his name is not putin. welcome. i m neil cavuto, this is your world. a very turbulent world. when it comes to the markets, a lot redder world. how much? to jackie deangelis with more. good afternoon. another rough day for the markets, neil. not for the feint of heart. the markets digesting the rate hike that we saw yesterday and jerome powell s comments and deciding more hikes and slower growth means recession is coming if we re not there already. let s talk about wealth destruction for a moment. the numbers are staggering. yes, of course, jeff bezos and elon musk are not as rich as they once were on paper. investors across america in 401(k)s and iras have seen massive wealth destruction, $3 trillion according to the center for retirement research at boston calculation. 401(k) plans have lost $4 trillion sense the end
You breaking News Coverage continues this are good afternoon everyone im Martha Maccallum and this is clearly the story of the afternoon. We are about one hour past the deadline where students were supposed to leave the encampment at columbia. They were supposed to pack up and get out of there as sandra pointed out classes are remote there is no reason for any student to be on campus right now at columbia. That was their original wave try to break this up but they are defiant. As we just heard from some leadership a little while ago pack they feel that they are the ones who have rights. They talked about their right to graduate. They talked about how the sea their rates been trampled on by the university. Stunning statements we heard a few short minutes ago. They will face suspension columbia says from this Ivy League School if they dont follow the rules of the university which they dont seem to have any regard for at this point. We are also seeing packets but this puts me know, univer
kayleigh: hunter biden defies congressional subpoena in a brazen move, skipping his deposion and in a shocking turn of events, he took to the mike pence in front of the capitol to defend himself and his father. this is outnumbered, i m kayleigh mcenany, with emily compagno and molly line, fox news contributor leslie marshall and american enterprise institute marc thiessen. hunter biden blamed maga republicans for targeting him and his family and he said his father was not financially involved in his business dealings. i m here today to answer at a public hearing any legitimate questions chairman comer and house oversight committee may have for me. i m here to make sure the house committee illegitimate investigation do not proceed on lies. for six years i ve been the target of unrelenting trump attack machine shouting where s hunter. here is my answer, i am here. let me state as clearly as i can, my father was not financially involved in my business, not as a practicing
for six years i ve been the target of the unrelenting trump attack machine shouting where s hunter. well, here s my answer. i am here. there is no fairness or decency in what these republicans are doing. they have lied over and over about every aspect of my personal and professional life. john: christmas break is almost upon us but it is a busy afternoon here in washington as any moment we are expecting to hear from the white house as kayleigh was pointing out, after hunter biden s shocking public statement and refusal to appear before the house oversight committee and republican lawmakers are expected to formally authorize an impeachment inquiry into president biden. so begins wednesday, hello, i m john roberts in washington. buckle up, sandra, here we go. sandra: and just 12 days from christmas, can you believe that, john. this is america reports . gop leadership has indicated they do have the votes to approve the impeachment probe with debate for the measure happeni