Picture. Goldmansachs expects the fed to begin easing in q2 of next year. Also ahead, were going to talk about what is next for the tech sector. This is in the midst of whats been a rough august at least so far. Were down 7 month to date. And letter x Surging Company rejects an unsolicited takeover offer from its rival, cleveland cliff. Lets get some other news, though, as well, as we start the show paypal has a new ceo whoa. Yeah. Alex, who currently runs the Small Business and selfemployed group for intuit, is going to take over from paypals longtime ceo dan shulman on september 27th according to members of the board a little earlier than expected they conducted the search for paypals new ceo shulman will remain a paypal director until next may. Chriss being hired was a result of the process where the board interviewed nine ceos. They reduced that pool to four candidates and then they chose mr. Chriss members of the Board Selection Committee tell me he impressed them with leading a d
The fed futures priced that out to july instead of june. If you look at treasury yields, there was a 10basis point jump in the tenyear yield. 4. 27. The twoyear yield at 4. 68. Looking at the hotterthan expected Producer Prices for two months whand hotter consumer prices, it makes you won beder t you see with inflation. The price of bitcoin as we talked about that before we came on it never closes. You never know to base the change. That change doesnt tell you what is happening. Here is the range from yesterday. I can look at coinbase where i watch it. The high was 73,418. We say that. The low was 65,500 i did some math. Thats 8,000 on a 73,000 stock. More than 10 . If you decide you want to tread into this, be ready to buy at 73 and wake up the next morning to see it at 65. The weird thing about it, gold and bitcoin is supposed to go up with inflation. When inflation is running, it means the fed will not cut. They will not print. Liquidity play. They will not print and everybody wants
National ban on the right to choose, period. Well, take it seriously, folks. Thats what theyre heading for. Hear me loud and clear, this will not happen on my watch. After giving him hell, harry truman style last night, an energized President Biden takes his message on the road, delivering a Strong Defense of freedom, democracy, and reproductive rights. Biden also shamed republicans for trying to bury the truth about january 6th. Two heroes of that day, former officers Michael Fanone and harry dunn join me tonight. Plus, as biden talks about saving democracy, whats trump up to . While his daughterinlaw is turning the rnc into the new family business, hes hosting a live action episode of the apprentice with hungarys antiimmigrant fearmonger, and would be Prime Minister for life viktor orban, only in this dystopian series, donald trump is the apprentice. But we begin tonight with the gloves off version of president joe biden, who used his state of the Union Address to Stand Up For Freedo
Former c id. Cia director on a big moment. Were at the table as they consider footing the former president s legal bills. Welcome to the week. Outside of atlanta, donald trump will host a rally. Trump faces 13 criminal counts in Fulton County for his attempting to nullify bidens win in the state. Good morning to you both. Before we get to biden on the road. Lets talk about what biden did in the house. It was a moment at the podium. And mike johnson is what i do i do . What was your estimate of that moment. What did you think about the biden that presented and the biden that owned it . I talked to the Chief Of Staff on wednesday. I was a little nervous. He was like when it is a big deal and President Biden is going to do great. They felt really confident going in. And you can see why. It is an objective that President Biden went up there and ran the room like he wanted to like comedians on ticktock and instagram. He was doing his jokes. He wanted to go back and forth with them. He start
Donald trump, helping him post the 91. 6 million bond for e. Jean carroll. Now that he has shown he can get the money, what can it mean for the 460 million and counting he owes the state of new york. Joining us now msnbc legal continue, lisa rubin. He was due to post this bond on monday. Yesterday you and i were talking about the delay he was asking for. That was denied. That was. So posting it, what does it mean to have this on the books. It means that e. Jean carroll is protected through the Second Circuits disposition. One of the things i noticed when i was going through the bond today is that it actually only covers the appeal to the Second Circuit. It doesnt cover any appeal that he would take from the Second Circuit if it affirms the jurys verdict of 83. 3 million. Youre going to have to explain that. If he appeals further to the supreme court, hes going to need Somebody Else to come in and provide that security if he takes that appeal further. Otherwise, he will owe her that mon