Lawmakers renewing calls to split up a few of the biggest names in tech. The Senate Hearing just finished. Well bring all the headlines from capitol hill. Apples investment in the u. S. The Company Unveiling a quarter after billion dollar commitment to american jobs and american manufacturing. Well have an exclusive interview with apples chief operating officer. That will come up later in the hour. Benjamin netanyahus career on the line. The polls just closed in israel. The Prime Minister is fighting to hold on to power. Very, very close according to the exits. Were live in tel aviv with the latest on the race. Melissa fox Business Team coverage, blake burman at white house, gerri willis on the floor of the new york stock exchange, phil flynn watching oil, very important at the cme. Grady trimble at a gm plant in detroit. Lots to get to. Lets kick it off with blake. Reporter President Trump early today that tapping the Strategic Oil reserve will not be needed as a result of the oil att
Crisis. Mark zuckerberg making rounds today on capitol hill. Meeting there with lawmakers amid growing calls to break up big names in silicon valley. Facebook ceo sitting down with senator tom cotton right now. Well bring you breaking headlines that come this hour. Security concerns at the airport. The new move has some critics sounding the alarm, what it all means for you and your familys safety. Melissa fox Business Team coverage. Edward lawrence at white house. Gerri willis at the new york stock exchange, phil flynn watching action in oil at the cme. Lets start to edward. Reporter melissa, trade optimism is happening here. Junior level talks happening with the chinese. This will set up the main event early in october when the two heads of the trade delegation meet, but this could indicate if there is progress for the talks. Wilbur ross says the chinese must show us something this week. If they arent prepared to give on anything were not going to get anywhere. Right, right. Remember
We have unrest at home, and abroad. New protests in hong kong today, despite the protests number one demand there being met. This weekend is not expected to be any quieter and then over the uk, lawmakers voting to block a no deal brexit thats the show down with the Prime Minister Boris Johnson, well talk about all of that plus Hurricane Dorian making landfall along the North Carolina coast as the storm continues to make its way north, were live on the ground with the latest on the Recovery Efforts. Melissa fox Business Team coverage Edward Lawrence is in washington, christina partsinevelos is on the floor of the New York Stock Exchange and blake burman and Hillary Vaughn are both at the white house. Lets start with edward. Reporter melissa today Federal Reserve chairman Jerome Powell hints he supports a rate cut, now he bases that around trade, not the trade policy itself. We would never comment on trade policy. We dont do trade. Its not a responsibility of the fed, but i think it is t
Seconds is that right. That is correct. It is not exhausted. Nothing is exhausted. I think they would like to make a deal. They would like to make a deal. They would like to do it on certain terms and conditions and we wont do that. At some point it will work out in my opinion. The problem was the deal that was signed by the Previous Administration was a disaster, which by the way would be expiring in a very short period of time also. So you really dont have a deal. That deal was a very short term deal. They made a deal but it was for a very short period of time. So that deal would be expiring soon. Yes . Reporter are you asking israel and saudis to Work Together on this issue and always. I encourage everybody to Work Together. The middle east is an interesting place. Historically have not been working together too well. No, israel is starting to Work Together with a lot of countries you wouldnt have thought possible two years ago. Yes . Reporter did you promise the saudis that the u.
The great bob cousey, former point guard for the boston celtics. Well break any headlines that come out of white house as the hour goes on. Apple revealing the next lineup. What we know about the upcoming product. The release of a socalled proiphone. New concerns over vaping. Cdc now investigating the link between the rising trend and mysterious illnesses reported in 16 states. Melissa fox Business Team coverage. Blake burman is at the white house, gerri willis is on the floor of the new york stock exchange, Edward Lawrence live from jackson hole for the feds annual meeting and phil flynn enjoying all the action in oil at cme. Lets start with blake burman. Blake. Reporter melissa, President Trump continuing his criticisms of Federal Reserve. What is new for the president , a main focus of the president today was specifically focusing in on germany, the negative bond yields there. This is what the president wrote at one point earlier today, saying germany 30 year bond offering negative