Public service by americas Cable Television companies. It is brought to you today by your cable or satellite provider. The American Enterprise institute here in washington, d. C. Posted a Panel Discussion on the impact of efforts to reduce the usa trade deficit. Following their presentations and rebuttals, panelists answered questions from the audience. There we go. Well start again. Good morning, ladies and gentlemen, im glad youre with us. Im alex pollock from the r street institute. Its a pleasure for us to welcome you to this timely conference on trade deficits and the Trump Administration. It goes without saying debates about trade, tariffs, other barriers to trade, balance of trade and payments and shifts in foreign exchanges, whether the flow of gold in old days or reserves nominated in fiat currencies now have a long and controversial history in economics and in politics. These debates feature the famous and essential contrast between the interests of producers on one side and
Necessarily rain every minute of the day but you will see rain on and off all day as we look and see we will zoom in closer because we see this cluster of lightening moving through Mercer County right now and headed toward parts of the Burlington County and northern new jersey. That is strong thunderstorms there. We are watching heavy rain that will be moving into southern delaware and eventually, the jersey shore. So yeah, were focusing on shore on this holiday weekend. It is not a good weather day, so we have got rain up to the north of us as well to the northwest of us in philadelphia we will zoom into show thaws but we have a Flash Flood Warning for this area, in philadelphia, because of the heavy rain. We have seen about 2 inches have rain so far just this morning here in philadelphia, so undoubted caughting flooding, penny pack creek is a place getting that heavy rain and then we have a flood advisory in effect north and west of us where we saw that really strong thunderstorms. W
We had a vehicle flipped over. There is debris on the road. The ramp is shutdown grove street to route 3 eastbound. Lets look at the new jersey turnpike this morning by newark airport. That ride looks pretty nice. If you are out, time to go is now. Not much happening on the roads. More weather and traffic coming up. Thanks so much. Times square already bustling. Theres lastminute preparations for tonights festivities. Already lots of police on hand. Today in new yorks Katherine Creag is there. We understand youre in a special zone there, where youve been allowed to get up close to whats going to happen. Reporter i dont know how we were given this spot, but its just right over there. The van is parked over here, next to the stages. You know how busy this area gets. I have this feeling well be told to leave in a little while because of a security sweep. What were zooming into right now, the building that everyone will have its eyes on. Thats where the times square ball is, the new years
Cranny. A good morning to you. A hawkish tone, wasnt it . Fed member sing borrowing costs have to be raised sooner than had been anticipated if the labor market persists. Everything in this world has a caveat. Define the many and the few in the variations in between so lets get to it. What are we talking about . These are the minutes and they came out, some participants were increasingly uncomfortable with the Forward Guidance on keeping the benchmark rate low for a considerable time. Than half butless more than a few. Just to be clear. Less than half, more than a few. Therehat says is was one dissent. The voices are growing. We are getting ready for another vote. That is what that says to me. The dollar storming ahead. Participants said they may have to raise rowing costs sooner than they had anticipated. A lot of the data is converting toward their objectives. It might become appropriate to begin removing Monetary Policy accommodation sooner than they had currently anticipated. His i
He has been the crown prince and it has some very strongly. I do not see any challenge to it. King solomon has indicated he will maintain the policies of his predecessors. Expedia is buying travelocity for 280 million in cash. This is after a 2013 marketing agreement. Expedia owns hotwire and hotels. Com. Go pro has teamed up with the National Hockey league. Its first partnership, the players will wear the cameras during the allstar game skills competition. They will also wear them during that game on sunday. Go pro has been trying to position itself as a media company, but it will not own the video from the game. A dispute involving the rocket program. Elon musk and the air force will Work Together to complete a certification process, allowing space x to compete for future launches. Space x accuses the air force of the legally shutting out a market that could be worth as much as 70 billion through 2030. Box ceo aaron levy brings the opening bell after the cut Source Company goes publi