Overnight in asia, the nikkei was closed for a bank holiday. If you look at the hang seng and shanghai, both with green arrows shanghai was up by 0. 2 . The hang seng up by 0. 10 looking at europe this morning, a bit of a mixed picture ftse slightly negative you can see both the cac and the dax are trading higher up by onethird of a percentage point each finally look at treasury yields. And yield weve been watching so closely on the tenyear, this morning sitting at 2. 451 . A couple things we are watching watching a lot of things airlines are celebrating the gop tax plan southwest and American Airlines both announcing they will give 1,000 bonuses to employees following that tax overhaul. Southwest specifically announced it will use the tax savings to buy new planes the company saying it intends to reinvest in the business, reward Share Holders and increase its investment with boeing to support future Growth Opportunities. The two Major Airlines are the latest businesses to pay bonuses
Prince charles private estate the duchy of cornwall secretly invested in an offshore company in which a close friend was a director. Thats perfectly legal but hes been accused of a conflict of interest because he went on to campaign for International Rule changes that would have benefited the firm. The princes spokesman insists hes never chosen to speak out on a topic simply because of an investment decision. Story the Paradise Papers were shared with the International Consortium of investigativejournalists including the bbcs panorama programme. Richard bilton has this report. For years, Prince Charles has campaigned on environmental issues. This week hes in malaysia, yesterday he spent time in the rainforests of borneo. But panorama has discovered he campaigned on one issue that he secretly stood to profit from. The Paradise Papers show the prince of waless private estate, the duchy of cornwall, had 4 million in tax havens of the Cayman Islands and bermuda. This document shows 1 milli
The sector pressure the entire market, getting hammered yesterday, what this means to house of the consumer, the economy and your money. Macys stock down 17 yesterday, broader markets today look like this, futures indicating a weaker opening for broader averages today. Dow industrial expected to open 30 points, dow headed for the fourth day of losses in a row, of course, retail store one of the big stories for broader markets yesterday. In europe stocks, ftse is up a fraction, cac quarante is up a fraction. In asia overnight, mixed performances, take a look as you see there the nikkei average in japan down a third of a percent, shanghai composite in china up three quarters of a percent. Stephen colbert is firing back at President Trump after the president called him a notalent guy. All the stories coming up this morning and joining me fox business dagen mcdowell, recon capital and horizon manager, kevin kelly and the wall street journal Editorial Page Editor james freeman. Great to see
Your money as power lunch starts right now welcome to power lunch. Im michelle carusocabrera. Todays gains pushing the dow positive for the month all s p 500 sectors, 11 of them now, are up. Tech financials leading the way. Energy, utilities, they are lagging. The chip space is a notable rally. Nvidia, micron, advanced micro they are up. Im tyler mathisen. We begin with the fallout in charlottesville. President trump speaking a few moments ago condemning the violence and specifically describing hate groups like neonazis, White Supremacists and the kkk, quote, repugnant to everything we hold dear. This came after a member of his White House Council stepped down from the Group Following the protest on saturday. Eamon javers is at the white house and Kayla Tausche is in virginia eamon, you first. The president did what he was criticized three days ago for not doing on saturday. Specifically naming the kkk and neonazis as the problem over the weekend in charlottesville heres what the presi
Prime minister shinzo abe took a swing at golf diplomacy today at the Trump National golf club in jupiter, florida. Theyre spending the weekend together, discussing trade and shared security interests. First lady melania trump, and ackia aby toured the Morikami Museum and japanese gardened in delray beach. The couple are staying at the winter white house, trumps Maralago Club in palm beach. Major garrett is there and reports the president also spent some time on twitter. Reporter President Trump arrived at his florida club for a golf summit with japanese Prime Minister shinzo abe. But wrangling over the president S Immigration policies have already overshadowed the diplomatic engagement. This morning, president tweeted that once he gets involved in negotiations, the price of a border wall between the u. S. And mexico will come way down. Mr. Trump is also confronting resistance to hiS Immigration ban, which is currently on hold. The president told reporters on air force one yesterday a