Now we have to change that because of your laws. David socialist Bernie Sanders unveiling his 16 trillion Climate Exchange plan. Ill tell you how the king of freebies is planning on paying for the outrageous platform. Is this a bird or bunny . Hornacek is back with us tonight to clear this up. Trish regan primetime begins right now. Im david asman in for trish. Our top story tonight. The west coast in crisis as residents and Business Owners from seattle to San Francisco and beyond bear the brunt of the homeless crisis. Many are blaming liberal officials for causing the crisis. But in california the states governor says thats ridiculous. To suggest its because of liberal policies is laugheddable and insulting. Maybe the reason they come from texas to because you probably need a better bern fit if you go to San Francisco. So the choices. What kind of society is that we are just not going to help. They dont have as big a who a homeless problem. Good for you. But you know what . You lose a
Percentage point, up 71 points. Fox Business Team coverage. Gerri willis on floor of new york stock exchange. Phil flynn watching all action, Hillary Vaughn at u. S. Trade representatives office. Start with gerri. Reporter what a day for retail today. We had great reporting out there, two companies reporting, targets and lowes with really positive results, sending the dow up 241 points. The entire sector target, as you can see is up 20 today, after beating on both top and bottom lines. The company out with really, amazing results, raising its full year outlook. Lowes also having a dynamite quarter, up 10 as you can see right here. The company eps, coming at 2. 15 cents a share, versus two dollars. Very good news there. As you can see, these are companies that really appeal to people. Theyre discounters. Really have a lot of room to have broad appeal with americans. After the close today. We will get nordstrom. Estimates there, eps of 75 cents a share. Revenue estimate of 2. 93 billion.
The United States. And Federal Reserve chairman Jerome Powell also drawing the ire of the president today, failing to respond to chinas retaliatory tariffs, leaving the president to wonder if powell or chinese president xi jinping were the big earnmy bigger enemy. For the latest, we turn to edward lawrence. Federal reserve chairman powell says the fed will act as appropriate to sustain economic expansion. Having said that, trade uncertainty has come to the forefront here at jackson hole. A good part of the speech today focused how theres no precedent to integrate trade uncertainty into monetary policy. The speech laid the groundwork for a rate cut in september, pointing to global shocks, like whats happening in hong kong, germany, china, the economy slowing down and brexit. The speech did not indicate a long series of rate cuts and that set off the president on twitter. It started with the president saying we have a strong dollar and a weak fed. He ended up asking who is the bigger ene
To the bahamas in florida in the next few days. The latest is maybe a bit of a change, something weve been talking about. This is Hurricane Matthew in 2016, the storm came out of the caribbean and off to the eastern seaboard of florida. A couple of days before that storm, making a direct land fall and went about 30 miles to the east offshore. Its one of the possibilities that could happen with this. I put in the computer models, you notice for the most part, it leaves the eastern half of florida right now. Yesterday, the models were showing way off to the south here toward the gulf. When we get these models, we dont have a lot of confidence. Theres a lot at play here to the north of this storm, theres a layer of High Pressure blocking it. The area of High Pressure wont be as strong or if this is stronger, they tend to move north more easily. This is 1150mile an hour storm. It will continue to pull off towards the west just to the west. One that goes toward the gulf and one moves across
Kneeler kaepernick. Claim that jayz is making a deal with the devil, they point on past comments with jayzs. Jayzs. Eric reed said, jayz claimed to be a supporter of colin, wore his jersey, told people to not perform at super bowl, now he will be a part owner, he is sounding despicable. And reed sounding jealous. And i feel like he discredited colin and myself and the work that is being done, im trying, im going to try to give this man the benefit of doubt for now, it is not something that i agree with, not something they respect. Nfl commissioner goodell probably thought the opposite of this would happen. After all league has been trying its best to get controversy. Because after all, it is capitalism, something that jayz is very good at. So lets get into it with tonights panel. Former Congressional Press secretary. Rachelle ritchie here with head writer of this find program, luckiest man in the world, jimmy faella and tyler grant. So. I have to side with jayz here. He is saying you k