From the darkest moments. In the midst of this historic storm of the people of texas have responded with their very best. This could well be texas finest hour. Drain to the damage could wreak havoc on the busy travel season. Gas prices hitting a twoyear high as the nations largest field pipeline runs from texas all the way into new jersey, new york city even with temporarily shutting down its main fuel line from texas to new york because of outages. Turning to tax reform, President Trump calling on congress to get to work when they return to washington next week despite the push to many polls say americans are not confident lawmakers will get anything done. Futures are showing this in your market. Dow futures up 72 points. Much to miss them. Weve got the good reading on secondquarter Economic Growth coming in at 3 yesterday. The dow up 27 points yesterday and had he not at least the start of the last day of trading in august. Europe stocks higher across the board. Case in england, fran
Meanwhile its a story were following very closely for you on the intelligence report, this whole russian uranium deal. How is it that a foreign country can control 20 of the uranium supply in the United States of america . How does that happen . That is what Congress Wants to know. That is why we launched a new probe into this deal. We have all the intel on it for you. First, lets go to Connell Mcshane live on capitol hill with latest on tax reform and that big meeting. Hey, connell. Reporter hey, trish. That meeting between senate republicanses and President Trump. Even on his way, he was walking alongside with senator Mitch Mcconnell and demonstrator throw as russian flag and that the trump is treason. This is ryan clayton. Taken action by authorities. Obvious security question, how did a guy get into a secure area, supposed to be reserved just for members of the media. Now that drama aside, and twitter feud i alluded to between the president and senator corker aside, when we talked
Good thursday morning. Joining us this morning, Henry Blodget and eric sheridan. We will talk tech and media. Right now, the house is in the early rounds of a vote on a bill that would repeal and replace the majority of obamacare. Republican leadership sounding confident they have enough votes to pass the measure. The house is holding procedural votes related to the Health Care Bill after wrapping up their morning conference. Here is what Republican Leadership said after the meeting ended. We cannot wait for how obamacare is collapsing. We have to transform this. Thats what we will do today. About 16 gop lawmakers remain opposed to the bill. Republicans can afford to lose up to 22. If democrats remain united in their opposition. Just a few minutes ago Minority Leader Nancy Pelosi spoke to reporters and slammed the bill. She said the bill messes with medicare and as well theres opposition from the American Medical Association and from the aarp. I am told that President Trump spoke with
The house, a similar one from moderates and conservatives, seemingly irreconcilable. Pulled and all the sudden, the vote came back to life after negotiations behind the scenes. We dont how long this will take and we know Mitch Mcconnell does not want to let this hang in perpetuity or they want to get this out there because the substance of the bill is not great politics. Its hard to sell 22 Million People losing their coverage under this bill korn to the cbo. 15 million just next year. The savings are substantial. We do not know what the number be by the end of it. Not pull well. S you are right. Tough politics is a great way to say it. Kevin and give us your thoughts. Clearly, mcconnell has a significant amount of pressure to make this petition today. The senators around him will have increasing pressure, under pressure from the voters to not make a decision that ultimately will hurt individual americans as far as the Health Care Coverage is concerned. Were here at the white house. Wh
Things. Stuart with me, hes not going to get away with it. He says kim jong un should be very, very nervous, china state media says this, if north korea shoots first, china stays out, if america starts it and tries regime change, china steps in. Face to face standoff and thats what investors have to live with as the weekend approaches. The possibility of Armed Conflict with the markets are closed. Each new headline will have new impact. Follow it all minute by minute on Varney Company, the friday edition is about to begin. Stuart so where we are in 28 and a half minutes when the market opens . Slightly higher across the board. Heavy selling from yesterday has not continued so far this morning. But, remember, the duh has dropped just 1. 25 since monday. Here comes a tense weekend, would you buy ahead of that . We shall see. How about the price of gold . Thats another twomonth high at 12. 91. Flight to safety. Oh, will you look at this. Its can you believe this. Jc penny resulted the res