From Cyber Attacks. The president issuing an executive order to help america fight back against attackers. Does the plan go far enough . Michael chertoff joins us with more. Lori is hiking the minimum wage a problem . Fighting back against president obamas plan to raise the minimum wage by 1. 25 per hour. Melissa postmaster general warning it may need 45 billion bailout if congress doesnt act now. Oh, boy. Lori oh, boy. Stocks now as we do every 15 minutes. Lets check in with Nicole Petallides. The dow pulling back after yesterdays record high. Nicole that is right. We are off of lower lows of the day, but yesterday closed with a record high close that we havent seen since 2007. We have been hovering around 14,000 mark for the Dow Jones Industrial average. The bank index and drug index or lower although one of the names doing well in the Dow Jones Industrial. The banks doing very well. Last friday is where we broke out and started this trend. Yesterday we continued, today pulling back
Acres in a matter of hours. By night fall, it could be seen glowing in the california hills. Almost looks like volcano. Some 1500 people and campers have been evacuated. Two firefighters and one resident have been injured. There is no love lost between the United States and rush why particularly since Edward Snowden has been granted temporary asylum by moscow. Now the white house is cancelling president obamas planned talks with his russian counterpart. President obama and putin were expected to sit down and discuss among other things serious on going civil war. The kremlin said it is disappointed by the cancellation. The decision was reportedly unanimous by the president S National Security team. The political standoff between the two nations rekindles a debate you might recall between mitt romney and president obama during the 2012 campaign. This is to russia. This is without question our number one geopolitical poe. They fight every cause for the worlds worst actors, the idea he has
Acres in a matter of hours. By night fall, it could be seen glowing in the california hills. Almost looks like volcano. Some 1500 people and campers have been evacuated. Two firefighters and one resident have been injured. There is no love lost between the United States and rush why particularly since Edward Snowden has been granted temporary asylum by moscow. Now the white house is cancelling president obamas planned talks with his russian counterpart. President obama and putin were expected to sit down and discuss among other things serious on going civil war. The kremlin said it is disappointed by the cancellation. The decision was reportedly unanimous by the president S National Security team. The political standoff between the two nations rekindles a debate you might recall between mitt romney and president obama during the 2012 campaign. This is to russia. This is without question our number one geopolitical poe. They fight every cause for the worlds worst actors, the idea he has
Year history but the excitement is coupled with hesitation this is the second longest bull rally in history no one knows how much longer it will last and if theres a correction around the corner. Yes coulter is at the New York Stock Exchange for us here is what exactly has lit that fire under the dow recently. Well an epic rally that sold Morgan Stanley called the dead it is already the fifty thousand point mark that the Dow Jones Industrial average crossed for the First Time Ever since the president ial election one of the reasons why the market is trading upwards is there to right now we are experiencing the fifth consecutive quarter of the u. S. Companies actually see an increase in profits overall the economy is doing rather well and then there are still those promises that there might be a rescue less regulation for Financial Institutions that we might see takes cuts at some points or so there are some fundamental reasons and there is also a little bit of hope what the administrat
Wait. Im chris colfer welcome to the Program China has moved to exempt some u. S. Imports from its latest round of retaliatory terrorist levies on 16 different types of u. S. Made goods will be suspended for one year from september 17th on the list includes some cancer drugs and chemicals which china does not produce itself and cannot easily replace however major u. S. Exports to china such as pork or soybeans will face additional tariffs as previously announced. Now in response u. S. President trump says he will delay the october hike in terrace on chinese imports heres more of what else he said about beijings. I think they did the right thing i think was good for them. But they took them off yeah i think it was. I think it was a gesture ok it was a big move people were shocked i was in shock well for more lets bring in court on wall street. Mr trump says these chinese suspension of certain terrorists on u. S. Imports is a gesture whats the impact of this. The impact is not that huge