10year yield at 4. 47. A lot of questions where the movement will be next and if we have seen the height of rates or not. Thats been a big question part of it weighing on the broader markets yesterday. Meanwhile, boeings slide after the cfo spoke yesterday and said the company would burn through cash this year the delivery of planes will not increase from the First Quarter to the Second Quarter as they deal with tproduction challenge. The price of ethereum pulling back after the runup this week. The si. E. C. Approved the rule change to pave the way for etfs that buy and hold ether. Specifically, the s. E. C. Order approves applications from various exchange to list eight ether funds. The order does not approve the funds or set a date for the etfs to start trading issuers are awaiting approval from the s. E. C. For the funds and it is unclear how long the process will take. This has been the week this was a buy the rumor and maybe not sell the news. Thats most of it ethereum is down 2
Hush money trial is entering day 20 this morning as former Legal Advisor to Michael Cohen, Robert Costello will return to the witness stand today for cross examination. Judge merchan clashed with costello yesterday sending reporters out of the courtroom, threatening to hold him in contempt if he continues to, quote, stare him down during the testimony. Costello confirmed that cohen said trump did not know anything about a nondisclosure agreement payment to Stormy Daniels. Cohen also admitted he stole 60,000 from the trump organization. He said, yes, i stole 30,000. When you add it up with taxes it was 60,000. The defense team will likely rest their case today as trump calls for this case to be terminated because of the lies out of Michael Cohen, he said. Joining me is former Georgia State representative, former candidate vernon jones. Its great to see you this morning. I want to talk to you. You were in the courtroom yesterday with former President Trump and it really from what im hear
Nasdaq indicated up by 1. 2 for the week to date for what we have seen. Look at the treasury market. You see treasuries here with 10year treasury at 2. 3 . Wti climbing above 90 a barrel. Right now, 90. 43. Of course, we have seen big news in other places. New overnight, positive data on china recovery overnight. Retail sales raising 4. 6 in august. The Unemployment Rate ticking down by. 10 . Chinas Central Bank Cut a shortterm lending rate one day after it lowered the reserves the commercial banks need to hold against deposits. That will free up funding to lend to houses and businesses sdpbusinesses. Im happy we have this guy around. Phil lebeau. It he iis interesting, the phil. You are in detroit. I saw you talking to one of the guys earlier. This is very interesting today. Especially where we have you perched. Reporter joe, it will be interesting to see how long the strike goes. Maybe a week or two weeks or looking at something extended out over seven or eight weeks. That remains to
The back. Temporary paralyzes at this point not sure if that will be longterm condition. Thats why i stay in the house especially at nighttime. Reporter it came five minutes before a similar Armed Robbery by three suspects at 58th and suss says sing. That 31yearold victim was walking home to his wife when he was approached bite suspects wis toll whipped. They take his backpack and his phone, they take his wallet. At some. 1 of the young gentlemen said just shoot him. The times we live in is really really sad. It really is. Reporter random armed robberies have her worried. Extra patrols have been added to the area and police are pulling together intelligence information and video trying to track down the suspects. Its sad. Its really sad. Its really sad that youre not save walking. I dont care what time of night it is. Youre still not safe. Acting like theyre going to shoot first and rob second we just got to get these people off the street. Reporter now, police say the victim who was s
A neighborhood remembers a life lost way too soon. Wondering when will the violence stop . Now fox 29 news at 10 00. Emotional evening in East Germantown. Unable still reeling from a quadruple shooting. Thanks for joining us. Im iain page. Im lucy noland. Family, friends and neighbors came together to call for an end to the violence just 48 hours after a 16yearold died in a shooting. Fox 29s Chris Oconnell joins us live from Philadelphia Police headquarters. Chris . Reporter well, lucy, first of all, Philadelphia Police are still trying to find the person who gunned down that 16yearold East Germantown boy in a quadruple shooting that happened on tuesday night. At the same time deep sadness in that neighborhood as family and friends say the world lost a future leader. This innocent boy, this family aint got no more graduations. Reporter the sound of anger booms through the 100 block of east pastor ya street two nights ago it was the sound of gunfire. We lost a young, good broth brother.