Cap it will one shares plunging after a massive date at that breach exposes 106 million customers private information. Dragging amazon into the mess. That and so much more on making money. Charles the fed kicks off the twoday meeting, the president has a message, start cutting. I would like to see a large cut and i would like to see immediately the quantitative tightening stopped. Quarter point enough . Then to have done quantitative tightening, also higher Interest Rates simultaneously, i think was a big mistake. Charles while the fed is expected to cut rates a quarter basis point President Trumps unrelenting pressure on the central bank comes as the American Consumer continues to hold up the economy. Consumer confidence surging to 135. 7. Keep in mind that versus an estimate of 125. Here to break it down, bellpointe chief strategist david nelson and author of the up side of inequality, ed connor let me start with you, david. First of all, the fed tomorrow, what do you see happening .
The mooch, what he thinks about president ial candidates calling President Trump, his former boss, a white supremacist. All that and more on making money. Charles it has been one heck of a week for the markets, right . This is an impressive rebound. The question are professional investors trading momentum . Could the major averages retest the lows . I want to head down to the New York Stock Exchange to our own Jackie Deangelis what ask going on the floor. Jackie. Reporter one heck of a week indeed, charles payne. I lived it. We have a little bit of a relief rally on our hands. The dow is up 295 points. It is just off the session highs. There is strong momentum to the upside. A strong combination of positive earnings. Lyft after the bell, yesterday, high hopes for uber after the bell today. Also the fact that investors, traders alike are looking at the market, saying are there buying opportunities . Something has been beaten down a lot t could be a good time to pick some up. Meantime i
Republicans. So here we are on the eve of tax reform because tomorrow well get the official details. Expect the details to be confirmed starting at 11 00 a. M. Tomorrow. Well get a sense of what we can expect because of things that have been set since april when the Trump Administration outlined where they wanted to go. A middle class thanks cut and a republican blueprint for tax reform which was about simplifying taxes so you can fill out your tax returns on something the size of postcard. Here is what Mitch Mcconnell said about the need to do this now. We think its time to turn to our twin priority. Reform the tax code. We reached significant agreements to go forward and im optimistic well achieve that. Reporter Speaker Paul Ryan is talking about thanks reform as well and where we stand heading into tomorrow. We are frustrated the senate has not acted on a seminal promise, healthcare. Obamacare is collapsing. But tax reform is the most of important thing we can do to restore confiden
Deepest condolences to his family and his friends. Here, here. Thank you, mr. Speaker. The whole house were shocked and so deeply saddened by the sudden news yesterday morning of the death of Charles Kennedy. As you said its a tragic loss to his family, his son donald is 10 years old and i know the thoughts and prayers of the whole house are with his family and his friends at this time. Mr. Speakers right now should come together in a trip to a man whose character and courage inspired us all. And who served serve his constituents so well for almost 32 years. There was something very special about charles. It is good for an Alastair Campbell but yesterday, he spoke fluent human because he had humanity and everything in every cell. Mr. Speaker, Charles Kennedy will be remembered for his success him for his principled and intellect, and above all for his incredible warmth and good humor. I will say a word about each. He was elected as the youngest member of parliament in 1983 at just 23.
Intercepted, that a rebel group may have put a bomb on this plane. Egyptian investigators have not officially determined whether an explosion or mechanical problem brought down the plane but the British Government says information now points to a bomb. We have concluded that there is a significant possibility that that crash was coughed caun explosive device on board the aircraft. The british are advising only but essential travel be permitted through Sharm El Sheikh. There will be no commercial flights permitted to Sharm El Sheikh from now. All commercial passenger flights will be returning from Sharm El Sheikh. Have restricted u. S. Embassy employees from traveling to the area. Its important to tell works not to go to the sinai now. In the sinai, egypt is fighting rebels associated with i. S. I. L. Alert to u. S. Airlines to avoid flying below 26,000 feet there. Warning, exercise extreme caution during flight operations, to avoid violence or unrest. There are no regular carriers that