Hi, everyone, welcome to monday. The people of the great state of Nuclear Reactor versus donald j. Trump is entering a new chapter. The prosecution rested and team trump has started its defense. On the stand right now, attorney Robert Costello who according to Michael Cohen formed a back channel to donald trump himself in the year 2018. Thats when Michael Cohen was the target of a federal Criminal Investigation. Costello claiming that Michael Cohen told him trump did not know about the Hush Money Payments to Stormy Daniels. Cohen has testified on direct that he was still in protect trump mode at the time. That he didnt tell costello. The prosecution rested its case, though, just in the last hour after methodically brick by brick restating the elements of their criminal case against the expresident. They sought to clean up some of the damage done by Trump Defense attorney todd blanche with an assist from their star witness, trumps exattorney, Michael Cohen. Prosecutor Susan Hoffinger br
Shows everyone is comfortable with the level of the levels for now. The Dow Jones Industrial average up fractionally 16,174 and the s p, 1808. Reaffirming the full year guidance, you think of ready wept, and some other names. And right now it is up 5 , and the near term volume, a little cautious on that. That is good news overall. Dennis chef boy are the ones from cleveland, ohio. Turning to commodities, metals are losing their luster. Gold, silver and copper on the decline. Phil flynn of Price Futures Group is in the trading pits of the cme. Gold is on track for its lowest close in three years. Phil if the fed is worried about inflation their policy of capering is failing miserably based on preciousmetals and this could be a concern. There could be a reason the stock market is not rallying. Yesterday in Ben Bernankes comments, the fed was worried they were not hitting their inflation targets and we are seeing in the gold market is the opposite. People buying stocks selling gold, runni
Down to about 17 change. People were really upset. You can see, the volume improving greatly as mobil ad revenue is good news. Adam all right. Coming up later we will dig into the facebook earnings with michael factor from wedbush securities. Lori a preview. Can be crash made by their competitor is crushing them. We will set you up for that as well. In the meantime, Worldwide Energy consumption is set to surge according to a new report from the apartment of energy. Global energy use will grow 56 compared with 2010 levels because of transportation and electricity demands. Half of that growth will come from china and india. The bullish report doing very little to spur prices in trading today. Of course that is a forward looking report weigh on the future. Lets check in with fox business contributor to phil flynn in the pits of the cme. It is interesting here to know, consumption of natural gas is expected to grow faster than oil or coal. And that is the most amazing thing about this repo
Because we have to begin tonight naturally, the universe has welcomed me back with latebreaking trump russia news. According to tonights Washington Post, yet another senior serving National Security official in the u. S. Government has reportedly now told associates that the president directed him, the president told him to intervene with the fbi to try to stop the trump russia investigation. When james comey, the fbi director, was fired by the white house, we first got a song and dance from the white house about all sorts of other reason yes he might have been fired. The president then soon admitted that he had the trump russia investigation on his mind when he fired fbi director james comey. We soon thereafter earned that james comey had told associates he had committed to writing. He had written in a memo and told other senior people at the fbi that the president had told him to stop the trump russia investigation. To l off the mike flynn part of the trump russia investigation. Agai
Worked so hard to keep everything running in my absence. I want to thank my bosses for their understanding while i was out sick at a quite inopportune time, i guess. I want to say thanks to all of you who said nice things and wished me well and told me you were praying for me while i was out. Im not totally well as you can probably tell, but i am like, i dont know, 90 of the way back. Would you say im 90 . Close to 90. Well see. I am certainly well enough to be here tonight covering the news. And as grateful as i have ever been to have a job like that. Because we have to begin tonight naturally, the universe has welcomed me back with latebreaking trump russia news. News thats just broken in the Washington Post within the last hour. According to tonights Washington Post, yet another senior serving National Security official in the u. S. Government has reportedly now told associates that the president directed him, the president told him to intervene with the fbi to try to stop the trump