For viewers good morning and hey welcome im shale cheryl. Good morning everybody im lauren simonetti. Welcome back after the long weekend. Let take a look at how your money is moving this morning weve got well got the red arrows to show you right now dow is down 164 in preb market s p 16 and three quarters for the down siled. Nasdaq down 86. Apple premajority loss has shares the iphone maker to shave 85ed a opening bell apple big story this morning. Lets take a look at stocks and asia mostly lower but check out shanghai composite up fractionally see applicationses for tariff exemptions from companies for u. S. Imports. Breaking overnight out of europe especially london bc says to cut 35,000 jobs 100 billion in assets in next three careers. Theyre scaling back operations here in the United States especially and also in europe. Youve got red across the board in europe. Lets talk corona virus because more than a dozen americans evacuated all for quarantine cruise ship in japan theyre gett
Laura hi im everyone imht laur. A and him and this is the Ingraham Angle from washington tonight. To a always, thank you for being with us. Apology to a killer pier that is the focus of tonights angle. S now, once in a while biden lets his old self slip out and he says something he would say when his party used to be a little bit sensible. Laken riley, an innocentom young woman who waans killed bye illegal. That is right. About how many of thousands of people have been killed by illegals . Speak up at the upset and his party and the press was immediate. It wasnt about the poor young woman murdered by people in the country, but it was about the kaletra that he used. He probably should have usede ta different word. I dont think that is the language but i believe he believes in his heart about immigrant people who find their way to this countriny to make a better life with themselves. Using the word illegal, that shows a Generational Differencem between joe biden, his age, and a lot of pe
Of the longerrun normal Unemployment Rate had increased somewhat and that the fed might need to red the federal funds rate more quickly than currently anticipated to limit the degree of undershooting and stem a potential buildup of inflationary pressures. Ashley here with reaction now our own laurie at the New York Stock Exchange and our ever Popular University peter. Lets go to laurie on the floor today, we have been up 42 points. A blah day again. Does this have any impact. Bare in mind this was three weeks ago and things changed. Things do change although at first glance, ash, see any surprises, pretty much what we expect given the last meeting that we see three Interest Rate hikes. The Dow Jones Industrial continuing toward 20,000, if you will, in post election rally. Up 43 points. Thats what we were ahead of the release of the minutes. I checked some of the other things, oil is one and three quarters. The big picture, theme, we have not seen a whole lot of movement in a lot of the
We have a pretty good way of looking at the relationship between supply and demand. On the supply side you can capture this in a diagram. What it would look like under this budget and what it would look like under sequester. It is not a pretty story when you compare that to the requirements around the globe. I am talking about real requirements for presence and crisis response. It is starting to get ready pretty dicey, that that is why we are saying manageable risk. Im told you have 7. 9 billion for investment, reset and readiness which sounds a lot like putting money on procurement and operations make in its, do you have a criteria in mind when you decide what you will get from that account . Some people think that is pure padding. We would be the first to say that over the course of a decade or so that we havent overseas Contingency Operation funding, too much has crept into that account. We are determined to fix that. It will take time, we cannot do it overnight. It would represent
Captioning sponsored by cbs this is the cbs evening news with scott pelley. Pelley good evening. After four nights of violence in ferguson, missour, and with no end in sight, the president and the governor today took action. Governor jay nixon put state police in charge of security in the st. Louis suburb, where local police have fought with demonstrators, protesting the Fatal Shooting of an unarmed black man by a white Police Officer. The president interrupted his vacation to call for calm. He said there is blame for the violence on both sides. There is never an excuse for violence against police or for those who would use this tragedy as a cover for vandalism or looting. Theres also no excuse for police to use Excessive Force against peaceful protests, or to throw protesters in jail for lawfully exercising their First Amendment rights. Pelley we have two reports tonight on the small town thats become the focus of the nation. First, Mark Strassman in ferguson. Mark. Reporter scott, yo