I stand before you extraordinarily humbled and honored that the high responsibility that you and the people across the six district had given to me to represent you and the United States house of representatives. Maria President Trumps response to that therese this morning. Its a race against time. Heavy rain and flooding across georgia. Dozens of people rescued after the water rose to chest high levels. A shakeup in saudi arabia to report. 791st in line for the throne. What this means for the future. U. S. Airlines are nowhere near the top of the list for the fall is coming this morning. Amazon tried before you buy a Pizza Company rolling in a new workgroup service. Weve got the details from pram wardrobe. Checking markets this morning. Features indicate a lower opening. Nasdaq down 20. That is a third of a percent. In europe, indices look like this. Similar tone on the downside. Dax and germany done two thirds of 1 . Asia overnight mixed performances. China was up half a percent. Sha
Washington. What do we know about the agenda at how much may be shifted by the Intercontinental Ballistic Missile test yesterday . Kevin yes, it will be all about north korea. North korea testing an Intercontinental Ballistic Missile on the fourth of july sending a message to washington which fired back with a missile test of their own in conjunction with south korea. That comes as russian president Vladimir Putin said he does not think that tactic should be the way to go. Un Ambassador Nikki Haley calling a Security Council meeting scheduled for 3 00 this afternoon will be behind closed doors as they talk about ways to deal with the Rising Nuclear threat of north korea. Already, trade is something the president is talking about and he is a Board Air Force one and route to warsaw before he will go to hamburg, germany. Lets pull up a tweet he tweeted about china and north korea in he saidid that trade between china and north korea grew almost 40 and so much for china working with us but
Today, a potentially alltime high. And illinois, one round yet and the debate. Well take you to chicago, vrn varn starts right now. Varney company starts right now. Right to the big story of the day, north koreas missile launch, Ashley Webster with the latest. Ashley here we go. The launch itself went for 578 miles. This is the icbm, whole new era of missile testing in north korea and concerning, of course. It went for 37 minutes, north korea claimed 39 minutes. The point is what conceivably could the endgame be here . If they continue to develop this missile at their current rate, its a few years off yet, but it could indeed reach, as you just said at the top of the show, charles, most of alaska, 461 miles to be exact. As we look at north korea as an improverished third world country, this is a game change etheyve got to find a way to put a Small Nuclear head on this thing before it can be a threat. North Korea Holding what they called deep striker missile testing into the south korea
Welcome to squawk on the street. We wake up another tweeter bomb. A big week with a fed decision. The fed near 20k. Europe is mixed. 10year 2 1 2. Oil up on the nonopec oil production. The road map with the negotiation of the president elect and an american company. Donald trump calling out the cost of the f35. Defense stocks are dropping in the premarket. Timing, another Company Trump has in the cites, boeing, a deal for 80 jets. The buyer iran. And the markets making new records. Oil prizes, as well ahead of the fed meeting which, of course, is wednesday. David with breaking news. We do. On a potential deal that will not happen. And that is involving viacom and cbs. Right now, the National Amusements, shareholder of both companies, led by Sherri Redstone and wanted to them to engage in talks designed to see whether they could come to a combination has withdrawal that proposal of viacom and cbs engage in the discussions. Reversing course in a sense and backing the new ceo at viacom an
A steady supply of energy is needed to fuel the countrys economy and military. [sachs] typically, American Foreign policy like British Imperial Foreign Policy before it, paid a tremendous amount of attention to securing oil for the economy. That includes who we have befriended, but it has also included us launching wars; stationing military bases; engaging in coups and orienting a massive amount of our Foreign Policy around oil. [mcnally] by world war one, oil was transitioning to becoming the lifeblood of modern civilization. If electricity is literally the circuitry, without which modern life is impossible, oil is the lifeblood. [jacobs] its both vital to our economy and its vital to our military. And that became true once we switched to an oil based military. [narrator] in recent years, the us Energy Revolution has shifted the geopolitical balance. [gordon] this is a new state of affairs. This was not happening a decade ago, but today 80 percent of the oil in america is sourced from