strained relationship between china and the united states. and on capitol hill, kyrsten sinema is in the spotlight. the arizona senator is staying sigh leapt on whether she will support a major bill for her own party. good morning and welcome to way too early on this wednesday, august 3rd. i m jonathan lemire. thanks for being with us. we re going to begin with that major victory for abortion rights. voters in kansas have rejected an effort to remove the right to the procedure from the state s constitution. this marks the first time abortion rights was put to a vote since the supreme court overturned roe v. wade back in june. with the november midterms coming up, the kansas vote signals that abortion could be an energizing issue. according to an associated press estimate, turnout for yesterday s primary far exceeded other recent contests with about 900,000 kansas voters casting a ballot. president biden celebrated the win, writing in part, this vote makes clear what
Seriously, im more excited than a Guy Seeing Beetlejuice with lauren boebert. Im more excited than a jets fan during the first three plays of the season. Youve got to be kidding me in case youve forgotten, im jimmy. Ive been off the air five months. Weve been gone so long. Weve been gone so long, the bachelor is now a grandfather. Its been a long time since our last late show. We looked at the calendar today, and check my math on this, i believe we have been off the air for 154 indictments. A look at some of the late night shows which returned to tv for the first time in five months. We have a lot to get to this morning, including a recap of day one in Donald Trumps Civil Fraud Trial in New York City. Part of that is the Punishment Phase. Well tell you about the moment that seemed to enrage the former president. Also ahead, the latest on Kevin Mccarthys Speakership Battle as a far right Republican Forces a vote in the house to decide his fate, whether he keeps his job as speaker or whe
in fact, the u.s. ten year move was the fourth biggest in the last five years. today investors will be keeping a close eye in developments around taiwan and get more commentary from more fed speakers. so those are two big points to watch today. we certainly will keep our eyes out for those. also this, the second quarter earning season continues to roll on. companies including starbucks, uber and caterpillar reported their results yesterday. give us a quick sense of those and what else we can look for today. these were really interesting ones. starbucks beat estimates. they are seeing very strong u.s. demand for cold drinks. interestingly also starbucks said that u.s. consumers are not trading down, which is a big question as we prepare for a higher interest rate environment. they re also not reducing their spend on coffee despite inflation. uber meanwhile, also delivered upbeat set of results. the company did report a quarterly loss, but the revenue line came in better than expecte
a pronounced effect on the global economy i text unresolved trade disputes to gather their recipe for more volatility. and let s get a quick update from frankfurt with our markets correspondent and advised by the night of the sell off fast stop for now but tell us more on why investors remain on edge. well rim asked as investors remain extremely cautious about the developments of stock markets because it s the perfect mix on the one side you have a deteriorating growth picture trade war rhetoric still threatening also the profit outlook for many companies and at the same time you have central banks small less stopping the easing buys on hiking rates like the fed is already doing so it will increase costs for companies which is always bad for the stock market and then also the revenue line will probably be smaller because demand to slow down with
that s a company that s been under duress, and he s moving stocks, moved boeing and lockheed s stock to the downside. you know, the f-35, according to analysts, is so important to lockheed martin s revenue line, some analysts say in any given years a fifth kennedy: that s expensive. liz: so should the iron triangle be called the golden triangle instead down in washington, d.c.? i don t think there should be any i m sorry, i keep saying i don t think. i think analysts on wall street are saying, yes, these guys have been a little bit oversold and that, you know, there s going to be more to the downside because there is a lot of fat that can be trimmed. harris: you know, i m thinking if democrats don t start to get on board, they re going to be, i mean, just angry over stuff like this, because this is exactly what donald trump said he was going to do. and the more he i think, and i will say i think the more he does what he said he was going to do and it benefits the bottom line of