Here it is. Because of the faulty [ inaudible ] we have going for us at the federal reserve, we pay much more than other countries. In other words, our interest costs are much higher than other countries when they should be lower. Correct. All right. Thats where the president stands on the fed. 2020 democrat candidate liz warren going after wall street once again, this time shes also slamming private equity firms blaming them for the closures of toys r us, sears and other retailers. Hows this for irony . Campaign workers for Bernie Sanders say theyre not getting paid enough money. Theyre demanding 15 an hour. Of course, remember, bernie is one of the biggest proponents of raising the minimum wage. And by the way, we have astronaut scott kelly on the show this hour to talk about the new chevy corvette. He compares the cars engine to a rocket. Oh, yeah. Weve got a rocketfueled jampacked hour ahead including lara trump right here in the studio. Varney Company Begins right now. In fact, we
Overall, stocks are moving slightly higher ahead of the opening bell. Remember, this is a shortened day of trading because of the july 4th holiday. The market closes at 1 00 p. M. Eastern for the fourth of july. We are remembering an icon in the Business World. The ultimate salesman of all time, lee iacocca, has died at the age of 94. Hes best known as the father of the mustang and for saving the company chrysler. Well have much more on his impact throughout the morning. Varney company starts right now. David President Trump is changing the annual fourth of July Celebration in the Washington Mall thursday. It will include a flyover by military aircraft, more fireworks and the president will even give a speech of his own. The president is already tweeting about it. Quote, our july 4th salute to america at the Lincoln Memorial is looking to be really big. It will be the show of a lifetime. You can bet on that. Joining us is brad blakeman, former Deputy Assistant to george w. Bush, and so
captions by vitac www.vitac.com good evening and welcome to the source. i am kaitlan collins, live from israel, where tonight we are seeing just how fluid that temporary truce between israel and hamas really is. we ve now learned that no hostages will be released and fighting will not stop before friday at the earliest. there was no explicit reason given for the delay of the implementation of this deal that was supposed to begin just a few hours from now. but an israeli official says the details are still being hammered out, as israel has still not received names of the first hostages that are set to be released by hamas. here is where the broad outline of that deal stands, as we are right now. at least ten hostages were kidnapped 47 days ago are expected to be freed per day, with ten more being released each day after that for at least four days, though officials are hopeful it could potentially last even longer than that. in exchange, israel will release 150 pales
Halftime report starts now. Just because were not up or down a thousand points of the dow does not mean the markets are calm in fact, the dow has been up and down tripledigits today now right now we are holding on to the strong gains, but with three hours to go, you never know what could happen risk also coming off just a bit as stocks rise volatility gauges are falling but the vix still above 20 match. Com soaring the dating site which oend owns tinder as more people sign up chipotle down and comp sales missing targets and it expects the decline to continue toward the middle of the year and wynn resorts and michael kors an and hasbro rallying and wynn, get to that story soon. Im Tyler Mathisen breaking news out of washington, Senate Leaders have announced a longterm budget deal. Kayla is on the hill with details. This is a deal in discussion since this fall. But earlier today just a few minutes ago leadership from each party in the senate took to the floor to announce they had resolve
Plan and calling for more more Border Security and more money for veterans but doesnt do a lot about the ballooning deficit. What happened to republicans cutting on spending . Where is that . Well ask Republican Congressman francis rooney. We have Connell Mcshane on the latest on the 1 1 2 trillion dollar infrastructure plan. Reporter the idea is to provide incentives to state and local governments to pick up the rest of the spending, one trillion dollars plus, a new bridges and tunnels, airports and all these Infrastructure Projects. That is why the president invited a number of state, local governors and officials at white house. In that meeting held earlier today he pretty much put it straight to them. Listen. Lets see how badly you want it. [laughter]. If you want it badly, youre going to get it f you dont want it, that is okay with me too. But we have to rebuild our infrastructure. Reporter talking about incentives there, how badly do you want it . We have reaction from democrats.