A Historic Deal for iran could mean relief for americans filling up at the pump. The price prices have fallen slightly. Despite the fact that know no additional iranian crude has hit the market as a result of the deal. Irans markets are the fifth in the world. Any let up in the sanctions will boost supply and push prices lower in the coming months. Irans oil exports have fallen to a half to just a Million Barrels aday since the sanctions took a bite in early 2012. That is when the u. S. Put in restrictions on payments that made it hard for iran to sell its oil. Despite the sanctions iran kept pumping oil and its stored around the world its oil that no one will purchase at the moment. If all goes well with ey iran wh the negotiations with the u. S. An others sanctions could be reduced if that happens a lot of oil will come on line. The question for americans is how does this affect the price they pay for gasoline. The National Average is up seven cents a daa aga a gallon. An miss a anal
Top tech headlines. Apple is giving the retail chief more than 113,000 restricted worth about 68 million at todays price. To have counting on her the same success while leading burberry, where she more than doubled sales over her tenure. Percentposted a four rise in sales, but a drop in First Quarter profits. They added just 12,000 subscribers in the u. S. , but 361,000 in latin america. Be a target ofto dish and at t with a possible takeover, with the wave of consolidation the paytv business. Morgan stanley has been fined 5 million by the Financial Industry Regulatory Authority for sales practices involving ipos. That includes the ipos of 83 companies, including facebook and yelp. Morgan stanley did not distinguish it is policy between a science indication of interest and a conditional request to buy. First, to the lead story of the day shares of twitter are plunging as the lockout time expires today. About 480 million shares became eligible for sale, more than quadrupling the amount
Businesses because the Positivity Rate is again above 3 . Theres a messy public fight with white house scientists. The president insists we have rounded the final turn. Joe biden insists things remain bleak. The president and democrat will share a stage in ohio. This is the Pandemic Campaign in a year like no other. We are 35 days to election day. This debate is a 90minute National Platform to rally supporters and try to persuade those that are not locked in on a candidate. The incumbent is an underdog. The race tilts decidedly joe bidens way. Polling reinforces that advantage and underscores the president s debate and final weeks challenge. Without pennsylvania the path to 270 electoral votes not impossible but it is highly improbable. We know this. The president does things his way, meaning he wings it. And debates apparently are no exception. The White House Team said the president spent little time in formal debate prep, roughly two hours. Lets go to cleveland now and kaitlan colli
Due toming disney orders a pricing dispute. Disney is directing customers to walmart. It is shark week, one of the most critical weeks of the year. For the Discovery Channel. An underwater drone got involved and it is equipped with five cameras designed to swim with the sharks and track their every move. We talked with one of the scientists behind the shark swimming drone. Feed them of the website popular for quizzes and increasingly more general news gets a major round of funding to help it grow. Andrew buzz feed style, here are the top five things you need to know buzz feed is getting 50 million in series e funding from andreesen karo with. , buzz feed valuation is reportedly 50 150 million. Three, buzz people use the money to convert his Video Division into buzz feed Motion Pictures which will produce everything short clips to fulllength movies. The money will also let buzz feed x and internationally. Feed is among the top 10 most visited u. S. News and information sites with an ave
Consistent. Weve been talking about dive e diverging indexes for the last couple sessions. Its pretty clear whether youre looking at the Dow Jones Industrial average, which is off about 187 points, off the lows of about 220, still down better than 1 . Same goes for the s p 500 today. The broad market index telling you the same story. Very few components today, bill, in the green. Yeah, the dow was down 233 at the low of the session. Were told that there really is no pressure either way, to the buy or sell side, as we head toward the close. Lets talk about all these red arrows today. Joining us in our closing bell exchange, amy wu, heather hughes, jim lowell, jim oshaunnesy, and our own Rick Santelli standing by in chicago. Heather, youve been one of our resident skeptics about this market. You must be i dont want to say youre pleased about the selloff, but at least it brings you back to a level closer to where you might want to get back in. Hi, bill. Yes, i think theres been all this b