Weekend. Greece wants the bailout talks to be done by early tomorrow at the latest. The key date to watch, folks, august 20th that is when greece has a repayment due to the ecb. And gloomy data on trait inflation. Investors show that beijing is about to roll out more stimulus. And watching oil. Prices falling for six straight weeks. Oil slightly low again. The latest lundberg survey shows gas prices down 11 cents over the past two weeks. That puts the National Average for a regular gallon of gasoline at 2. 71. Gas down 81 cents a gallon from last year. The dow and oil have gone in the exact same direction so thats why stock investors should care about oil. You know, its interesting because weve talked so much about how this is a huge tax cut for consumers. You just mentioned prices at the pumps down 11 cents at the pump over the last few weeks. You keep wondering when that payoff hits. We know what its done for highpaying jobs but its been less likely to show up in some of the weaker s
The Italian Economy grew by. 2 . The estimate was. 3 . France is stagnating and germany missed. Francine has had a little bit of an impact on euro dollar. Breaking news from greece. The government there is to request a confidence vote after talks concluded with the countrys creditors. Anchor it will follow a pame. To the e. C. B. Lets get straight to mark barton at the breaking news desk. This is a series of events that we thought might happen. Who brought this confidence vote forward . Mark yes, the vote passed. A majority of more than 151. Big majority. Hence we have the confidence vote after august 20 which as we know is the day that greece owes the e. C. B. Money. It needs that money to pay the e. C. B. So were in the quite there yet. Thet is just another day on calendar on top of a lot of dates in the next few days starting with the euro area finance ministers meeting at 3 00 p. M. In brussels. Lets remind our viewers what happened. Lawmakers approving that bailout that may unlock
A Philadelphia Police officer under investigation, this after video surfaces showing him pressuring a driver to buy fundraising tickets or else. Good evening, im jessica dean. Ukee washington is off tonight. That officer is off the streets as the investigation gets under way. In the meantime were now hearing from the passenger in the car who shot that video. Our Natasha Brown has this story. Reporter the driver who recorded this exchange with a Philadelphia Police officer during a routine traffic stop had no idea the video would go viral. You and your friends got any money to buy these tickets for your Police Department . 10 bucks each, man. Either you buy these or i take your car. cause its unwretch story. We met up with the driver behind the video, rob. He didnt want to be identified but he says he was shocked that the officer appeared to be forcing him to buy the tickets in exchange for together the car which was unregistered. I thought he would have gave me a ticket. I thought he w
Story. Reporter the driver who recorded this exchange with a Philadelphia Police officer during a routine traffic stop had no idea the video would go viral. You and your friends got any money to buy these tickets for your Police Department . 10 bucks each, man. Either you buy these or i take your car. cause its unwretch story. We met up with the driver behind the video, rob. He didnt want to be identified but he says he was shocked that the officer appeared to be forcing him to buy the tickets in exchange for together the car which was unregistered. I thought he would have gave me a ticket. I thought he was bluffing me. It wasnt the tickets. It was the point. He didnt have to talk down to me. He showed no respect. Reporter the tickets were for the hero thrill show benefiting firefighter and Police Officers who died in the line of duty. Police commissioner Charles Ramsey is outraged and didnt mince words. I thought it was stupid on the part of officer. Theres no part about the video tha
Jct the hated amt that is being repealed. But unless a future congress extended that repeal it would expire 2025, along with the new seven tax brackets, slightly adjusted in the revision. New standard deductions, take deduction double, almost for a single filer, 24,000 for joint filers, those would expire if in the extended. Child cac credit and passthrough income tax for qualified individuals Business Owners those would expire without extension. It is important to remember, this does deliver tax reform as the republicans have promised to the middle class. Here is what we heard from mark short, earlier this morning when he was speaking with Maria Bartiromo on how the white house views all of this. One is, it very much is middle income tax relief. 80 of the people paying penalty on obamacare taxes are those earning 50,000 or less. It is, as your panel said, regressive tax. It hurts lowest and middle income families the most. Repealing the tax will be beneficial to working families. Repo