A veto. Inflation numbers out today show prices cooling overall but at a glacial pace. Meanwhile, consumers are racking up Credit Card Debt and dipping into their 401 401 k s at an alarming rate. Our economic brain trust is going to be here to to break it all down. Markets reacted this morning. Plus, weve got new details revealed about Hunter Bidens business dealings, and for the first time were going to bring you reaction from the president himself. And the fires roaring across hawaii already claiming at least 36 lives and has survivorses weighing the enormous costs of recovery. All that and much more coming up. Finish. Cheryl first to our top story today, markets rallying on todays inflation data. But consumers are fuming over something that wont even show up until the next report, and its the spike in energy prices. Gasoline prices, oil prices. Lets get the read from mayflower advisers managing partner larry glazer and luke lloyd. And, luke, to you first. This report was a little bi
The god of [laughter] stocks. And right now were looking at the kind of session, charles, where we need to start with the intraday charts because weve already seen this mornings pretty powerful rally lose some momentum, but that actual could actually could change. Im watching a monitor right now because philly fed president patrick hard kerr who earlier this week said the fed could afford to end its tightening cycle is about to start a fed webinar on jobs and employment at any moment. As we monitor his comments and any marketmoving messages he may give, lets show you those intradays. At the open you see the dow spiked 455 points powered by the july consumer inflation data which showed that for the 13th month in a row the pace of rising prices slowed. Right now though the dow up 161 is. So weve kind of fritteredded away a lot of that. The blue chips along with the Broader Market still cant hold on to most of the gains. You can see the s p is up 12, high of the session a gain of 59 in pa
Good evening, everyone. Before we get started, e wanted to go over a couple of very quick housekeeping details. Please silence your cell phones. And if you have or just to let you know, theres no recording, no photos allowed during our programs. And thanks. However, you will get a chance to see all of this, because cspan is here tonight taping. So brush your hair, straighten your collars [laughter] you may be on tv very soon. Sally quinn is a longtime Washington Post journalist, columnist, Television Commentator and one of the capitols renowned social hostesses, also the founder of the religious web site on faith for the Washington Post. She writes for various publications and has in order several books including the party, happy endings, and were going to make you a star about her experience as the first female Network Anchor in the u. S. Sally is in conversation tonight with two good friends who are also authors. Elsa walsh is the author of divided lives the public and private strugg
It is our privilege to hold on to host the annual professional speech Writers Association world conference again this year. Will come back. Here at georgetown we are Firm Believers that learning never ends. Whether you are attending a conference like this one, seeking an advanced degree or working with our executive Education Team to develop a customized curriculum for your organization, there is always an opportunity to understand even more, to learn and to explore. By nature, universities are created and centers of knowledge. At georgetown the work of our faculty and experiences of our students are enhanced by our location in the global, capital city of washington dc. We have access to national and Global Leaders in business, policy, government and much more. Where else would you expect to find a session named all the president s [inaudible]. Thank you for being with us today. Thank you for david murray and the entire ps team for organizing such a wonderful conference. Is now my dist
Years more. Kate larson was at a heated meeting. Kate . Reporter it has been more than five years since the navy realized soil samples were falsified and one man with the navy who was partially in charge of overseeing the radioactive cleanup here in San Francisco admits it has been a slow and arduous process. But says the people of bay view Hunters Point can trust the navy. The problem is they dont. We need this mess cleaned up and i mean today, not tomorrow. Reporter the u. S. Navy is now admitting that their contractor tetra tech falsified soil samples to indicate they were safe. In fact, they were toxic. Remnants of the old Warfare Research lab which are slated to be redeveloped in housing. Any time she survey around here it comes up dirty. Reporter she grew up in Hunters Point and says lennar and five points has taken advantage of their communities. The hope is we will all be dead before they can sell their next 1. 2 million condo and that is ape fwrob. I understand peoples frustra