We will tell you why hes pushing back on the separation of his business. Bonechilling temps, heavy snow. Another winter blast expected this week, we will have the details. A luthansa flight made Emergency Landing in new york city after a threat was phoned in. Latest developments coming up. A new scam hitting your inbox, what you need to know to protect your information and bank account. Companys employees have access to trip information and theyre using it to spy on people including celebrities. We have the story. Oil prices edging higher this morning. Now at another new high. Take a look. New internationalsy says that oil markets will rebalance early next year as long as opec members cut production. The price up now half of a per can he be the. Stocks look like this. Another gain at the opening of trading. The trump rally continues. The dow industrials looking up about 70 points this morning. Nasdaq 18 points and s p 500 with a third of a percent. In europe stocks are also higher. Fts
Volatility as a drop down by 5 . It is worth looking at what is going on with verizon shares. They were already higher, so you are not seeing as much reaction there. There had been several questions along the way as to the past tack with yahoo and what effect it would have on this deal. Questions. Some new we will see what happened here. Big news there with verizon scrapping the yahoo deal. As cory johnson told us earlier, its set to work on a plan for yahoo and is going to continue that. Doesnt still make strategic sense, this deal or not . Sense nowakes as much as it did an hour ago. Lower priceet a unless they threaten to walk away from the deal, but it does show you what they are getting and what they are acquiring comes with some hair on it. A billion hacks. It also suggests those customers , the people who use yahoo sports, yahoo mail, yahoo finance, tumbler, they are concerned the value of that brand is diminished by news of this hacking. It is fascinating because Tim Armstrong
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
Have agreed that legally he doesnt have to do this, it is just decorum dating back to fdr all the way to john kennedy and every president since has been doing this where they separate themselves from their businesses. Even those who dont have so much money. Lets get the read on the significance of this and what and how they will work all this out. Lets ask our fox family. Charlie gasparino, jessica and lisa booth. How is this going to work out, lisa . Im not quite sure, but i think this is a positive step for donald trump. Look, he will be the nations richest president that we have ever had. Clearly americans wanted a business guy, an outsider. And with that does come some of these potential conflicts of interest or at least certainly in the eyes of the media and the left. Ultimately i think its complicated no matter what he does, he will still be criticized because there are buildings internationally that bear his name. There have already been articles about foreign diplomats staying
In dubai. Let us kick it off with what is going on. We are trying to absorb everything from janet yellen. The treasury market returned aggressively with pace yesterday. I want to show you the dollar. Take a look back here over the years. Go back to 2009, selling in mae and going away. That is not the case. The dollar has climbed 3. 4 . Best performance in may since 2012. This is relative to some of the other Asset Classes. The aussie and the yen are the biggest casualties to Dollar Strength. We are going to pick up on all of these greenback gains against the major currencies. I love the irony. Except for the good old british pound. If history is anything to show itself by, selling in mae is not the trade of the day when it comes to the dollar. Nejra we are also going to talk about china. I have a chart that shows a little bit of jitters possibly. Looking at csi 300 futures. We solve the stock Index Futures plunge. You saw the line drop for the daily limit. It snapped back in less than