Risks to your money this week and in months ahead. The major averages under pressure still about 1 from all time highs which we have not seen since way back in july the dow is on track now to snap an eightday winning streak. Down about a half percent for the dow. Loss mitigated a bit power lunch starts right now from the would you say to wall street and oil hubs like houst houston, texas we have our reporters on hand to break down the impact. Lets start with eamon. Reporter were getting some headlines that are crossing the wires a about the iranian leader who is speaking in turkey right now. R the attack on Saudi Arabia Oils facility was assault on yemen. This is the president of iran suging that these attacks were carried out not by iran but by the yemeni people. They are exercising their legitimate right of defense. The attacks were a reciprocal response a new wrinkle there as iran has been blamed by some in the u. S. Administration for conducting these attacks. The president hasnt n
America and thats widely considered to be the main driver of julys gains which were the best since february. Today the market was mixed. The Dow Jones Industrial average advanced 60 points to 21,895. Nasdaq fell 26. The s p 500 was off just slightly. For the month, all the major indexes were up. The nasdaq was the big winner. Bob pisani takes a look at what worked for investors and what didnt in july. Reporter was a good month overall. S p up about 2 . Up nearly 11 for the year. Techs been the leader and it was again in july. The demand for semiconductors to power cell phones and appliances keeps going up. Oil had a big rally going from 44 to nearly 50, but didnt help a lot of oil stocks. Exxonmobil hit a 52 week low on friday. Banks were mostly down for the knot. They benefit when Interest Rates are higher and traders have been surprised rates have not been rising despite the improving economy. Inflation, for example, remains below the Federal Reserves target levels. One major issue,
Jim risen, author of pay any price greed, power and endless war. Damien carr said he carsetti . Interrogator sent to afghanistan to be an interrogator at the collection point which was the name for the Detention Center that the u. S. Was running at the air force base and later he was an interrogator at abu ghraib for the army. Have i tell a story in my book about how he came back from iraq and afghanistan after being involved in harsh interrogations with ptsd based conducted a lot of interrogations. And it is a story that i think is very important because it ,hows and he said this to me virtually everyone he knew from his unit involved in interrogations came home with ptsd from conducting harsh interrogations. That is one of the stories i think nobody wants to hear which is torture and the american torture program, we now call it torture. They came home tortured by what they had done. The people who had to go into to conduct what the Bush Administration and cia and army and military al
This week on q a, our guest is New York Times reporter, Pulitzer Prize winner, and author james risen, out with his newest book, pay any price greed, power, and endless war, which exposes some of our hidden costs on the war on terror since 9 11, both around the world and here at home. James risen is an Investigative Reporter with the New York Times. He has been pursued by the bush and Obama Administrations as part of a sixyearold leak investiation related to his previous book,state of war. The governments case against him is still pending. He has stated he will go to jail rather than cooperate. Jim risen, author of pay any price greed, power and endless war. Who was Damien Corsetti . Damien corsetti was an army interrogator, an enlisted man, sent to afghanistan to be an interrogator at the collection point which was the name for the Detention Center that the u. S. Was running at the air force base and later he was an interrogator at abu ghraib for the army in iraq. And i have i tell a
That is one of the stories i think nobody wants to hear which is torture in the american torture program, we now call it torture. They came home tortured by what they had done. The people who had to go into the cells to conduct what the Bush Administration and cia and army and military all created, this infrastructure for enhanced interrogation, the people who had to lay their hands and do it physically themselves. I came home deeply warped and flawed by the experience. Where is he now . He is living in savannah, georgia. He only has 100 disability from the army because of his ptsd. And he is trying to recover and rebuild his life after and he still suffers very strongly from ptsd. How long was he assigned to abu ghraib . The very beginning of the u. S. Involvement for a few months. He came from belgram. He was involved in interrogations for a year. In his experience, he found that there was virtually no rules when he first got involved in the interrogations, the army and military was