lamborghini. that s what prosecutors say the president s son spent hundreds of thousands of dollars on instead of paying his taxes. his lawyers and his father s campaign say this is all about politics. taking the stand donald trump is prepared to testify in his civil fraud trial. why does he keep choosing the courthouse over the campaign trail? and, i m sorry, the president of harvard is apologizing for saying calling the genocide of jews harassment. why is it so hard for so many to call out jew hate? i m dana bash. let s go behind the headlines and inside politics. we start with hunter biden facing nine new charges in a federal tax case that, if convicted, could put the first son in prison. the 56-page indictment filed in california alleges that he schemed to av eevade at least $ in federal taxes. he s facing federal gun charges and is at the heart of a republican-led impeachment inquiry into his father, the president. this morning, we heard from hunter biden himself
The president at Arlington National ceremony. He is schedule today speak in a few minutes. Well monitor this live feed and bring you his remarks when he begins to speak. u] wu7unv7u u . Vo n suu 0n from this live picture in washington to Delaware County. The largest veterans day parade is about to begin. The 11th minute on the 11 hour of the 11 day of the 11th month. We honor those who lost their lives fighting for our freedom. This veterans day president obama is participating in that wreath laying ceremony. He is about to speak to those gathered there. Good morning. Im tracy davidson. We are following veterans day events in washington and here in our area today. National Parks Service paid tribute a short time ago. This is video from the national wall. Here in our area students treated veterans to breakfast this morning. Students were able to talk to veterans about their experiences and thanked them for their service. One of the biggest veterans day events is about to begin in
It all, the dax, the ftse and frances cac, all up this morning as you can see britain not, perhaps, with the uk, at least for now the uk. Maybe not that much longer. The 10year, there it is, 1. 57. Only a few weeks ago we were below 1. 4. I know. We have moved up. Oil at 44. Didnt think we would take it at 45. Inventory at 10 30 today. Lets get to the rest of our road map this morning and it start with more fireworks from the Republican National convention as we kick off day three in cleveland and carl, of course, as we said is there live. Shares of Morgan Stanley up in the premarket on earnings. We will dig into the numbers. Also ill be speaking to Ceo James Gorman later in the show this morning. And roger aisles future at fox is in question. It appears he will be leaving the network he founded after the Sexual Harassment claims. Were going to give you the latest details and what does it mean for 21st century fox, the company. But first, lets get to carl in cleveland. Carl . Hey, good
Five, the s p basically flat, and nasdaq up five. Lots of stocks moving today. One way or another. Lots of interesting individual stocks stories. And well have them for you. Things are a little bit higher at this hour on the s p and the nasdaq after the bank of englands first rate cut since 2009. The pound, though, falling steeply against the dollar, as you see there now at 1. 3117. Going to london, nice time to go over there. Trading about 1. 5 lower. Biggest drop since the aftermath of that june brexit te. Thank you, tyler. Im melissa lee. Heres what else is happening at this hour. Oil, out of a bear market. The magic number to watch, 41. 33. Any trade below that puts crude back into a bear market. The atlanta fed upping the gdp forecast to 3. 7 , that is up one tenth of a percent and ford is calling 830,000 vehicles in north america to fix a side door latch. You can find a full list of the models impacted on our website. We do start off with a big brexit bazooka from the bank of eng
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