Has fueled wildfires that have born burned more than a million and a half acres. Laura has become a category four storm. It is expected to make landfall tonight. We will have the latest on its movement in just a moment. Force. Rce joint the company beat estimates. We will talk to Ceo Marc Benioff live this hour. There is no one bigger than rhode island representative line. Cicil i sat down with the congressman for an exclusive interview that is ahead later this hour. If its politics you want more of, you can watch the Republican National convention tonight on bloomberg television. Viceyes will be on president mike pence as he makes the case for President Trumps reelection. We will bring you that coverage at 10 00 p. M. Eastern time. Our Bloomberg Markets correspondent Abigail Doolittle is with us. Abigail more record highs. I think you nailed it, talking about the fed liquidity. That has been the driver for the rally, right out of the march lows. The fed successfully stirred the animal
Joining the conversation Fox Business Network dagen mcdowell, daily caller editorinchief chris bedford, former republican candidate steve forbes, great to see you this morning. A lot to talk about, also on deck this morning former Senior Adviser for president george w. Bush, Fox News Contributor karl rove to preview democratic debate tonight. Also Peter Navarro is here this morning to talk u. S. China trade when we do have big news this morning on that and North Carolina attorney general josh to talk about perdue farm opioid settlement, big show coming up. Ii want to kick it off with u. S. China trade olive branch, if you will, President Trump delaying a 5 tariff increase on chinese goods, delay that by 2 weeks, the president tweeted this, at the request of the vice premier of china lou he, celebrating seventh anniversary on october 1st, weve agreed as gesture of good will to remove increased tariffs, 25 to 30 , prooctober 1st to october 15th, the president also spoke about china at th
Facebook guy, worth 42 billion, 9th richest in the world. A victory for technology and the sharing economy, new york backs away from restrictions on uber. And hes back Anthony Weiner hes got a job, consults on pr nightmares. Hes qualified. Varney company is about to begin. Here is something you dont see that often, right of Center People im going to call them conservative on this issue, taking to the streets by the thousands in times square to protest the iran nuke deal. Ashley webster is here. I dont think he was there last night. I was not, but we normally talk about the silent majority not the case this time. 8 to 12,000 people flooding into times square. I cant imagine the nightmare. It was organized by a group called stop iran now. And they loudly booed any mention of president obama or Hillary Clinton, basically they were saying look this is a bad deal for israel terrible for the country, and we cannot let this go through. As you mentioned already, this thing has been passed by t
About 8 billion to banks at discounted rates. The goal is to allow the firms to relend the money to small businesses. Its been more than 24 hours since swiss Central Banks shocked the financial world. It abandoned its cap on the euro an were still learning about the fall out. Regulators around the world are looking for information about what happened and how some retail brokerages entered insolvency. It says the volatility left it with a negative equity balance and its trying to sure up its capital. Lets take a look at whats happening with the u. S. Equity futures this morning. The dow was down by triple digits yesterday. The dow was indicated down by 42 points. S p few turs down by 6 and the nasdaq down by over 28 points. Of course as weve seen what happens in these early hours is no indication of what would happen by the market close. No indication of what would happen by the market open. So true. A lot of volatility out there. It is. Corporate news this morning, heres our early stoc
Freeportmcmoran copper gold is one of the worst performers in the s p today. 3d printing stocks. Systems down five percent. Exorbitantlyare valued right now. They have been very volatile. They are trading by and large flow were. Finally, a big deal in the banana industry. For 520 brands a deal 6 million. The shareholders own about 51 of the new entity. This creates the largest amana producer in the world with this merger. One of my favorite songs, chiquita banana. You should watch the movie. The search for a missing jetliner now spans over nine different countries. Flight 370 originating from kuala lumpur disappeared friday night with 239 all on board. So far investigators have found absolutely nothing. Nothing has been recovered. An oil slick in the gulf we thought was from the jet came from a boat. The focus has shifted to two passengers traveling with stolen passports. What actually happened here yet go we are joined by the president of the Chertoff Group and former head of protecti