Of you are members, is trying to convince the public to have a recession, lets have a recession, the United States is doindoe phenomenaly. Kennedy lets not have a recession. But those pesky reportedders are not only ones. We have such a strong economy, if the fed did what they are supposed to do, they would drop Interest Rates by a 1 basis points and maybe not tight know or loosening or leave it alone, do nothing, but they drop interests by a hundred basis points or more, nobody, nobody would be able to compete with the u. S. Nobody. But, not everyone believes the president. Mulvaney saying they could expect a moderate and short recession. He is acting chief of staff, not very good. And business economics 3 out of 4 economists believe that a recession will happen by 2021. Morgan stanley dean witter chase reports Jpmorgan Chase reports that trade war with china could cost each family. What is the deal with that . Should we keep spending like drunken sailors . Or get a shovel and bury ca
The president relishes the democrats debate divide in a latenight rally, while on the 2020 trail, the candidates split over the obama legacy. I was a little surprised at how much there was about barack. The latest on the race just ahead. Those stories, plus, we have a problem. The nations top navy s. E. A. L. Writes a blistering letter to his officers why he is demanding immediate change inside the s. E. A. L. S. Summer scare a sudden increase in shark sightings and attacks leads to popular beaches being shut down heading into the weekend catching up with hoda. Well check in with her live to talk about life as a mom with two and the new project she hopes will inspire today, frida augt 2nd, 2019. Announcer from nbc news, this is today with Savannah Guthrie and hoda kotb, live from studio 1a in Rockefeller Plaza hi, everybody. Good morning welcome to friday. Im glad he mentioned hoda kotb, because she is going to be a sight for sore eyes. Well check in with her later. Im happy to be here
Points you were talking about down about 1. 8 for the dow and s p, down 2 for the nasdaq s p indicated up by 7 points this morning nasdaq indicated up by 30 points overnight in asia, some weakness in stocks there, too probably started by what happened here. The nikkei actually ended flat the hang seng was off by three quarters of a percent. The shanghai was down 0. 8 in europe, where there is active trading taking place at this hour, you will see there are green arrows across the board. The biggest gainer of the three major averages is the cac up three quarters of a spent. More modest advances for the ftse and the dax treasury yields will be watched closely. Treasury yields went into a free fall on the feds report yesterday or the idea that it would be one and done. You can see the tenyear barely held on to a yield of 2 that was the weakest level in three weeks. This morning trading back to 2. 04 . There were two key words that sparked a strong reaction from the markets and President T
Explain who is now tasked with turning the page. And Atlanta Airport scare. A toddler was swept away by a conveyer belt. How he was able to climb on the conveyer belt undetected and where officials finally found him. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Well, President Trump is declaring victory in the wake of Robert Muellers historic congressional testimony. Yesterday the former special counsel was grilled for nearly seven hours before two committees. Democrats are moving forward with their investigations. Laura podesta is here in new york. Laura, what exactly are democrats planning to do now . Good morning, annemarie. Well, the House Judiciary Committee plans to go to court today to enforce a subpoena of former white house attorney donald mcgahn. The report said President Trump asked mcgahn to fire mueller not once but twice, which is a huge part of the democrats argument that the president obstru
I cant see enough of you. Weve both been free. Wont be long until summertime is through. Lauren beautiful pink skyline in new york city. We welcome you to fbn a. M. Im lauren simonetti. Cheryl good morning. Im cheryl casone. Lets take a look at how your money is moving this morning. Right now, futures are pointing to a slightly higher open after yesterdays losses. Remember, stocks came off session lows when jay powell made comments about the feds intent to act as appropriate. That helped the markets. The dow is up 41, s p up 5 andahalf, nasdaq up 22. Lauren the yield on the 10 year treasury is 2. 01 . Cheryl were going to get earnings from general mills, pier one and rite aid. Lauren wti is up 1 andahalf percent, 58. 72 a barrel. Cheryl investors in asia gearing up for the g20 later this week. The m nikkei and shanghai closed lower. Lauren the ftse in london is down 3 points, cac is down 4, dax is up 2. Cheryl now to the top story. Democrats are claiming victory this morning after form