Last week. Overnight, in asia, japans nikkei topped 40,000 for the first time. Stronger corporate earnings and surge of chip stocks with Artificial Intelligence playing things up. The nikkei above 40,000. If you look back here in the United States, the treasury markets show yields are higher. Tenyear yielding 4. 2 . The price of bitcoin has been impossible to stop lately. You will see it is up another 3. 7 . Above 65,000. It will be a new high. Theoretically. We are watching crude prices inching up toward 80. The high end of the range. 79. 68. Opec plus countries delaying production. That means 2. 2 Million Barrels per day of cuts planned for the First Quarter of the year will continue into the next quarter. We will talk more about this and the implications with helima croft in the 8 00 hour. Congressional leaders released the details of the first six budget bills to keep the government funded. Democrats secured full funding of the special Food Assistance program for women, infants and
Ahead of the federal the head of the federal Aviation Administration Michael Whitaker reiterated to lummox bring a public hearing that their safety is a top priority and agency still reviewing boeings manufacturing procedures after a door plug mishap on board at Alaska Airlines flight. After the incident the faa cup really grounded over 150 planes and ordered inspections. This house transportation subcommittee hearing is about threee hours. [inaudible conversations] [inaudible conversations] the subcommittee on a visual come to order. I hasis been in the consent of the. [cheers and applause] offers. Without objections order. Also ask members not of the baby people and ask question without objection. So ordered. As of monday members wish to consider dr. Parker please email to documentstimail. House. Gov. I now recognize myself for the purposes of an Opening Statement for five minutes. Thank you for being here, administrator whitaker and i want to first off congratulate you for your unan
Manufacturing procedures after door mishap on board an american Alaskan Airlines flight. Temporally grounded over one or 50 planes and ordered inspections by the house transportation subcommittee hearing is about three hours. [background noises] is mick. [background noises] a subcommittee on a visual consort is unescos at the chairman authorized to declare recess without objections ordered also ask you nose consent subcommittee and ask questions that objection prints ordered. I was reminded members wishing to insert documents in the record please also email the documents i dont recognize myself for the purpose of an Opening Statement for five minutes. Thank you for being here administrator whitaker. I want to first off congratulate you for your unanimous confirmation vote. As you know achieving Something Like that in todays times is quite remarkable. Really appreciate your expertise head look forward to working with you. I hope you understand the strong support from congress but also e
Inspections by the house transportation subcommittee hearing is about three hours. [background noises] is mick. [background noises] a subcommittee on a visual consort is unescos at the chairman authorized to declare recess without objections ordered also ask you nose consent subcommittee and ask questions that objection prints ordered. I was reminded members wishing to insert documents in the record please also email the documents i dont recognize myself for the purpose of an Opening Statement for five minutes. Thank you for being here administrator whitaker. I want to first off congratulate you for your unanimous confirmation vote. As you know achieving Something Like that in todays times is quite remarkable. Really appreciate your expertise head look forward to working with you. I hope you understand the strong support from congress but also enormous recognition of the responsibility of the job youve now taken on. We have heard a lot of descriptions about americas Aviation Industry.
Good morning. Im scarlet fu. We have a stocks little changed at the moment holding near record highs and for the week they are set for the longest streak of weekly gain since february. This week was eventful and that we got inflation data that reignited hopes that the Federal Reserve will cut rates although the Federal Reserve has been careful to point out they are willing to be patient and want to make sure the Data Confirms disinflation is intact. You have investors looking ahead to nvidia results next week that will answer the question whether the hype in a height companies is justified. We had the 10 year yield barely moving higher, 4. 4 at the moment. Fed speak will help determine what happens next in the bond market. Overseas, new data out of china showing industrial outlet rising faster than expected. Beijing has a package to prop up housing markets. In the koran joins us now enda curran joins us now. Enda we saw at sales slump and slowed the most since 2020 two. And weakness ac