Here it is. Because of the faulty [ inaudible ] we have going for us at the federal reserve, we pay much more than other countries. In other words, our interest costs are much higher than other countries when they should be lower. Correct. All right. Thats where the president stands on the fed. 2020 democrat candidate liz warren going after wall street once again, this time shes also slamming private equity firms blaming them for the closures of toys r us, sears and other retailers. Hows this for irony . Campaign workers for Bernie Sanders say theyre not getting paid enough money. Theyre demanding 15 an hour. Of course, remember, bernie is one of the biggest proponents of raising the minimum wage. And by the way, we have astronaut scott kelly on the show this hour to talk about the new chevy corvette. He compares the cars engine to a rocket. Oh, yeah. Weve got a rocketfueled jampacked hour ahead including lara trump right here in the studio. Varney Company Begins right now. In fact, we
Caroline first, lets dive bring to the markets. Silver,im looking at catching up with gold. That one holding near year high, rally over 8 in the last seven days. Silverbacked Exchange Traded fund are the highest on record. 10 straight weeks, the longest streak since may 2017. We know that hedge and Money Managers boosted their net tlection bet their ne bullish bets. This is likely because gold has been getting a bid as well. Down, down 17 in the month of july. Librare by facebooks hearing, plus there has been an uptick this year. A chart, the weekly chart of bitcoin going back to 2015. Uptrends from about 200 all the way to 20,000. Parabolic. A 90 degree angle can hold. Cannot hold. This years smaller parabolic uptrend, up 250 , now reversing. This chart makes a strong case 7000 itoin to go below will be interesting to see what happens with the cryptocurrencies. Caroline changing it td ameritrade. The ceo will be leaving the company in 2020. Td ameritrade coming out with its numbers. E
A large scale roundup of undocumented immigrants last month, but those sweeps were postponed to this weekend. The Trump Administration said the operation would focus on people with final deportation orders in major u. S. Cities including San Francisco, los angeles, and new york. Many immigration advocates worry this would load to a huge number of arrests, but today the acting director of customs and Border Protection said the proposed sweeps were not designed to separate families. Using the term raid does everybody a disservice. We are doing target Enforcement Actions against the specific individuals who have had their day in Immigration Court and have been ordered and removed by the immigration judge. We are nearly executing the judges order. And materializing local immigrant communities say they are still worried about immigration sweeps. Tom vacar has that part of the story. Reporter our lady of lords parish because some of the parishioners are undocumented and a desk was set up to
Wont believe how many people think they have a shot against the tennis star is. It is monday, it is july 15th fbn am starts right now. Good morning everyone im shale cheryl. Good morning im Lauren Simonetti on this sunny bright monday green arrow across the board and nasdaq up 9 points. Theres a lot of talk about negative yield and if theyll hit the u. S. Well not the case right now. The tenure is at 2. 14 . Were watching oil after Tropical Storm barry cut more than 70 of Oil Production down in the gulf as you can see were up just two cents but above 60, 6023. Take a look at asia on that weak gdp number out of china. Shanghai composite up 1. 5 . South korea down 5 . For the japanese market now europe kind of a mixed bag but flat there you have the cac 40 lower the dax is slightly highser. Fasten your seat belts everybody it is one busy week for wall street. Second quarter earning season kicks off today. The spotlight will be on the financial companies. 25 Financial Firms in the s p 500
In australia, join the queue theres a trafficjam of tourists doing it, before climbing is banned altogether. The uk says iran tried to intercept a British Oil Tanker in the gulf of oman and that the royal navy had to repel several iranian boats. This is the tanker, the british heritage. The uk says it was moving through the strait of hormuz when it was approached. This is the route the british tanker took. The allegation is that iranian boats tried to force it into iranian waters to the north. Iran denies that this happened. These are the type of boats the british say were used theyre armed speed boats that irans revolutionary guard uses to patrol the strait. This footage is from an exercise last year. The uk says it was this ship, a frigate called the hms montrose, that was shadowing the british tanker, and that came to its defence. Were told it trained its guns on the iranian boats and ordered them to withdraw. The mod said they did so and no shots were fired. Iran says it didnt happ