L arry kudlow. So markets selling off big. Maybe because were not seeing another rate cut in my lifetime. Well see, oil prices surge, gold surging Commodity Index surging we have senator kevin kramer and our own taylor riggs and steve moore. They will weigh in on with irana ungarsargon and alec lace on why the biden is real threat to our democracy. This november. But first update on stock market. Economic report issued yesterday that todays selloff, a survey of purchasing managers, ism Manufacturing Index came in hotter than expected indicates a more robust economy be that level since oo. Shares of trumps Media Company dj t rising 6 after a selloff yes. Larry how about that gerri willis, we appreciate it. We bring in big money cohost taylor riggs, steve moore, and north dakota senator kevin kramer, thank you for coming back on. Let me talk to the person in the building that probably understands market best, that is great taylor riggs, by the way, i dont think well have a opposite. Yiel
Time warner deal the Financial Times reporting regulators are demanding the sale of cnn in order to approve the deal well have the latest on just what the government is demanding here, coming up. And this has been a big story today. Snap sinking after missing wall streets revenue estimates by a big margin well look at whether that stock, which is down about 50 , since the ipo, whether that can recover or not thats all coming up here. Busy day still a big decline for those shares lets kick it off with the latest on the at t time warner deal sources saying that regulators are calling for the sale of cnn in order to approve the deal, joining us is the reporter who first broke the story today, james khan, thanks for your time thank you for having me on the show so, now the New York Times is reporting its a sale of Turner Properties writ large, whats your latest information on what the government is demanding that at t would have to sell to get this deal done. Based on that reporting before
New this morning stunning numbers just released giving a better look at families dealing with financial struggles in wisconsin. In fact this reports Shows Nearly Half of all wisconsin families are struggling to make ends meet. Ann sterling is live in oak creek to explain. United way of wisconsin just released this report. It reveals that 42 percent of families here in wisconsin earn below what is known as an alice threshold. This report is long but i went through it to give you this break down. First off lets define an alice household. It is a working household they hold jobs and pay taxes positions include retailsales People Office clerks laborers and movers and Customer Service reps. The core issue is that these jobs do not pay enough for the basics transportation, and health carebottom line according to this report many households earning . . More than the federal Poverty Level stilldo not earn enough to afford the basics. In wisconsin, there are nearly 671 thousand alice households
This time deadly consequences. The little boy killed and the childs grandfather is outraged. Sglrks here at Kaiser Hospital in walnut creek and i talked to the grandfather tonight and says his grandsons denath is why las need to be changed. Reacting to Court Documents that show the woman arrested for the crash that killed his grandson has been arrested before for driving under the influence. Shes going to get behind another wheel again. Court documents show he was arrested in june. In that case, shes facing an Additional Charge of Child Cruelty because a child was in the car. Today the chp says her latest dui arrest wasnt for alcohol but for drugs. She had her actual valid california drivers license in the time of the collision. Whether or not she was issued a pink slip, thats something i dont know. Reporter they issue a pink slip when someone is caught driving drunk. Its good for 30 days. But if youre suspected of driving under the influence of drugs, the laws are different. We do not
Facing the judge there. This sems from her assault of a Security Officer at a rehab center in florida. The plea deal marks the First Step Towards her coming home to the bay area where, again, prosecutors say she must be present for the prosecution of those seven Police Officers who will be charged with sexual misconduct. Guap claims to have had sex with nearly 30 bay area Police Officers, some while she was under the age of 18. Guap and her attorney are scheduled to hold a news conference, and we will bring you more on that later on during this news cast, also at 5 00 and on our digital platform. A committed sex offender accused of trying to kidnap two women in south bay will be in court. Last week he spoke with us from jail in an interview in which he said it was not him. Nbc bay areas bob redell and live there. What is this man saying . Reporter he is maintaining his innocence. At 1 30 this afternoon David Lee Russell expected back in court here at the hall of justice in downtown san