former president donald trump was at the center of an attempted coup. plus, the president of uk ukraine pleads for a modern defense system as russia pummels the country. we are live with more. it is being called an important step in the right direction. a bipartisan group of u.s. senators say they have reached an agreement, in principle, on gun safety legislation. the deal includes more funding for things like mental health and school safety resources. a so-called red flag provision and enhanced review process for buyers under the age of 21, and penalties for so-called straw purchasing. the proposal has support from 10 republicans and would be critical to defeat a filibuster in the senate. if the deal becomes law, it would be the biggest gun reform legislation in decades, by far. that sneers, just 19 days after a gunman opened fire inside an elementary school involving in uvalde texas, killing 19 children and two teachers. listen to this. since that tragic day, there have
August but straight to macys earnings out right now. Julie hyman has the latest. Are they in fashion . Julie stion mark get it . Julie i do get it but not so much. Low estimates at the extreme for cents, a drop in earnings yearoveryear and looks like sales are down by 1. 5 . Most of the analysts i had seen were looking for flat slightly down, so this could be a bigger drop then had been estimated. It also looks like if you look at the company on the sales basis, just a net sales basis, those numbers down 2. 6 at 6. 1 billion. That, too, is worse than estimated and the company decides weaker than expected Sales Performance in the first half. There have been activist involvement for macys coming from starboard capital, pushing the capital to spinoffs of real estate holdings, a similar thing to what we saw happen at sears. Acs has not done that but they are announcing today the sale of one of its properties in downtown brooklyn to tishman. This is something analysts have talked about, it
Noon. Heres a good place to start. Is in advanced negotiations to acquire all the lucent. It would help no p. M. Compete with eric help nokia compete with ericsson. Calpers had an increase of 6 over last year as the value of its portfolio rose by 8 . Shares of profits have more than tripled since the recovery brought on by the recession. Walt disney is investing in a Steven Spielberg film the bfg. The bfg. It is based on a terrific childrens book. If you havent read it, it up. Pick it up. There are less than 60 minutes to the close of trade. Scarlet fu had and i on some of the late action. Scarlet weve been drifting around in search of earnings before tomorrow. Cautious trading in europe helps to set the tone. Tomorrow, jp morgan, wells fargo, j j, intel reporting. Ahead of that, down slightly for the nasdaq s p, and doubt. The fix is moving up, which shows the increase in prices investors are willing to pay. It is just below 14 right now. You gave us some great approaches him a dollar
Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at $138 billion First Eagle Investments, she s reached a conclusion: U.S. Treasury bonds are too risky to hold.
Idanna Appio spent 15 years at the Federal Reserve Bank of New York analysing the history of sovereign debt crises. Now, as a fund manager at $138 billion First Eagle Investments, she s reached a conclusion: U.S. Treasury bonds are too risky to hold.