Zero im Richelle Carey this is the news hour live from doha coming up in the next sixty minutes. The president says there was a coup but the army says there was not the latest on the un certain political situation and zimbabwe. Just horrific visits me and maher and condemns the Army Crackdown against. The stop short of calling for sanctions. As president directly accused the saudi arabia of holding Prime Minister saad hariri hostage. And his family to france. Americas renewed confidence and standing in the world has never been stronger than it is right now at the white house donald trump describes the year since his election as one when after another. At the u. N. And the African Union say they are closely monitoring the situation in zimbabwe the military power in the early hours of wednesday but exact details of the situation in the country still not really clear president Robert Mugabe spoke by telephone with the South African counterpart jacob zuma on wednesday zuma says mugabe is c
Thought and the whole system starts unraveling in reverse. The political response to 2008, ben bernanke, henry pulson, president bush, and obama, did they get right . Guest i think once the crisis unfolded. Ben bernanke and the Federal Reserve acted correctly. And that is no small measure due to the part tha bernankes doctoral thesis had to do with the Great Depression and he worked out a new interpretation why the Great Depression was so severe. He talked about the credit influences and that you really have to rescue the Financial System to make sure lending continues. So i give him a lot of credit for saving things. The Bush Administration pushed through a small stimulus package in 2008 and that probably helped a bit. But in terms of fiscal policy, tarp, which was the bank bailout was incredibly important. It reassured people that the Banking System was going to continue. Tarp was a recapitalization of the Banking System. The banks had been holding lots of assets that suddenly were l
Falling victims to pay day loans. They put themselves into a whole they cannot get out. They live from paycheck to paycheck but the purpose for each time the so how would it incurred rage those people or be a way to help to manage their money. Then is not the person i would trust but maybe they would. So i will is a that in two parts. Lengthy it isnt necessarily a lack of education or for the huge old management and they dont know how to manage i dont have these vigil skills in the filing is paycheck to paycheck and i would have more. So when i talk to people they express a higher awareness of the interesting and fees. I am not saying theyre not educated because they didnt know what theyre giddy in to getting into oblivion paycheck to paycheck but going back through the 18 ted that came up from peoples mattresses that yielded stockings. The data is hard to measure but it shows there is a lot of money not to index jan dates so it ends up bid cash if you have cash in your wallet is gone.
Preorders for the new iphones were coming in strong. Could the ipad pro be causing problems next quarter, thats coming up. Plus theres the fed. The decisions impact on biotech of all places. We will break down how thursdays big meeting could shake up that sector. Plus weve got two stocks that could break out no matter what the fed does in that space. We will tell you what those are in just a moment. We will start with alibaba whose shares with falling, down 3 right now after bare rons put that report out saying the stock could fall another 50 in price from here . In the past alibabas jack mau has said he doesnt pay much attention to the companys stock price. Listen. I dont watch t i think we will let the market take care of themselves, we should watch and take care of the business. When it goes down im not excited, when it goes down im never depressed. This is how people look at and what we should focus on is our business, our customer, our employees are the same. What are you going to
Commission talks about the role of money and etices in Political Campaign campaigns. The Heritage Foundation hosted a discussion today on Disability Insurance and proposed changes to the program. Among the speakers was tom cotton of arkansas. This is an hour and ten minutes. [ applause ] thank you, john. And let me add my welcome this afternoon to the Heritage Foundation. Social securitys Disability Insurance program was established in the 1950s. Like much of our federal governments social safety net, the Disability Insurance program was founded with noble intentions, to ensure that americans who could not work because of mental or physical impairment would not suffer from poverty or destitution. However, over its nearly 60 years of existence, the Disability Insurance program has morphed from a small scale antipoverty program, provided benefits to less than one half of 1 of our population, to a program that now provides not only Disability Insurance but also unemployment and early reti