Passengers accuse them of bad service. But we begin this morning with a look at todays eye opener, your world in 90 seconds. So pray. I do know this. This disease has never had a more worthy opponent. Senator john mccain diagnosed with an aggressive brain cancer. Hes part of the family, so were thinking of him and praying for him. Hes really a national icon, national hero. I dont think theyre going to hold him down. Hell be back here. Theyre holding their feet to the fire to appeal obamacare. Youre going to be. Youre going to be. He wants to remain a senator, doesnt he . President trump said he would have never pointed sessions attorney general if he were to have known he would recuse himself. A parole board will determine whether o. J. Simpson walks free. Residents in the area have been forced to evacuate. Here in this community you can actually see the smoke billowing. A massive fire ripped through a marie in destroying everything in its path. Tense moments when a pilot was forced to
Inflation market based measures of inflation compensation remain low. This was a unanimous decision not to change Interest Rates, but the key headline is that the fed is going to begin unwinding Balance Sheet, quote, relatively soon. Back to you. Adam, thank you very much. Okay, so if youre just joining us, the fed out with decision on Interest Rates and leaving them as they were, unchanged, but, of course, theyve got a lot of work to do in front of them to work off the 4. 5 trillion Balance Sheet. Joining me with thoughts on all of it as we watch a market higher. 97 points, bgc senior partner steve cortes along with our own nicole petallides. Were waiting on the white house, everyone, theyre going to have a press conference here. Youre looking at the live feet to us, at 2 00, with Sarah Huckabee sanders, dont forget Anthony Scaramucci saying the cameras are back on as long as he has hair and makeup. So well be watching for all of this. Big news day out of the white house as well, with
The fair argument in case 23726 borilla versus the state in the consolidating case. Mr. Turner. Thankr. Chief justice and may it pleas court but when congress amended the medicare 1986 to put them pull on the centurys own speak up if it had bee responsible for licensing doctors and setting practice indeed paula works precisely because states regulate theice of medicine and nothing nothing in an paula requires doctors to ignore the scope of their license and offecal treatments that viola state law. Three statutory provisions make this clear. First sec390 by the medicare act opening provision prevents the federal gover from controlling the practice of medicine. Thats a state regulation per second subdivision f i and presumption against they preemption of state medical replacement in the stabilization is limited to be able to do ich depends on the scope o the Hospital Steps medical license for illegal treatments are not ava treatments. Add in the courts on presumption against preemption o
Once they walk in the door, drink from the fire hose. Whether democrat or republican really doesnt make much differ. 45 trillion Dollar Agency to run and a lot going on. Big issue of repeal and replace, what do we do, nothing like that i saw in aviator 2001 one of the top National Issues. Im not sure where they are going with it but secretary price who i have known for years, these guys have, too, new administrator going to be they are way ahead of the game. What are they talking about now, my experience 88 transition a long time ago. Im actually 106 years old. We didnt do anything. We got people confirmed. Nobody sat around anderson talked about health care policies. I talked to Tommy Thompson, president bush, wanted to do it, privatizing medicare, medicaid in may. Gave a list of things to do, changed the name of the agency just to make people mad. Through part d maybe in may. December ive never seen anything like this. This is way out of the normal time schedule in my experience. Do
Julie we are seeing the major averages fall. Seen the effect on businesses and people staying home from the storm. No matter theday snow level on the ground. Its having an effect on the airlines. Had 8800 Flights Canceled in the northeastern u. S. , 60 600 today, delta, american, and ual fly. ,e are watching restaurants restaurants with northeastern exposure in particular could see a decline in samestore sales. We have shake shack down 1. 8 . Was one of the restaurants that could lose 50100 basis points. On the flipside, some of the Company Selling coldweather gear are up today. Columbia sports wear catching a bid today. Another interesting weather related phenomenon, natural gas, rising in advance of the storm, and now pulling back as it is not as bad as had been anticipated. Are following as well today, down. 2 . Oil, will it hold or fold on its 200 Day Moving Average . The 50 day, we went right to that. A yellow line is the 200 Day Moving Average. Action has pushed wti prices below