Italys Prime Minister said it would derive from properties on h derived from higher Interest Rates. The net income exsceeding the growth for 2022 and 2023 citi estimated that would be equal to 19 of bank net profits for the year the tax would only apply to domestic Net Interest Income if this were to happen in the United States it is not happening i know. I dont know what would happen to the world. It is like when hell freezes over scenario. 40 windfall profit tax on banks. Do you think this is such a game changer that you would ever be in business in italy ever again . I think they view banks as utilities in italy i think investors will think about Certain Industries now at the beck on call of the government it can be wiped out just like that it changes your money. Chinese communist out of nowhere with the Tech Companies in china the trading Certain Industries. In other bank news, moodys cutting ratings with several banks and downgrading the biggest lenders. The credit strengths will
Happened and why she thinks being taken off one of the most infamous bay area cold cases is political payback. This campaign was never about me or my place in history. This campaign was about bringing justice with compassion and making muchneeded change. Reporter change was the platform pamela price ran on. The status quo is not working. Its time to fight for reform. Reporter and Racial Equity the mantra she brought into office. This office has a long history of overcriminalized young people, overcriminalizing black and brown youth. My predecessor fought and campaigned against criminal justice reform. Reporter that reform came swiftly, within days of taking office in january. Price placed career prosecutor Colleen Mcmahon on paid administrative leave. She handed me a letter and said that i am on administrative paid leave and empty out my office and escorted out of the building. The reason . Sum and substance is she learned through i believe her campaign public records act request that
Staggering. We will talk to the head of the National Organization for Rare Disorders about the scope of the problem but you might be surprised as i was. We will talk to the ceo of a Company Working in this area about the process for getting treatment approved and a look at some of the stocks involved in this opportunity to invest in Companies Working to treat or even cure these diseases. First, a check out the markets. The stocks are mixed following the latest on inflation we got this morning. We have the nasdaq composite up about 6 10 of a percent. The s p 500 a pretense. Nasdaq just about flak to the downside. Les is bringing like santelli for more on the reaction to this mornings pce number. It was about what we had forecast but still hotter than what the fed wants to see. I would characterize the market response as mild relief that it was not a surprise forecast. Weve had two or three in a row. They could come in hotter than anticipated. This was at least on target. It was warm in
the terrifying shooting spree, but the gun violence this weekend was not limited to philadelphia. three people were killed in fort worth, texas, another lost their lives in shreveport, louisiana, and nine were injured in a drive-by shooting in our nation s capital. we re live from philadelphia. this country needs to re-examine its conscience and find out how to get guns out of dangerous peoples hands. also this hour, a scorching day for most of the country after the world marked the unofficial hottest day on record yesterday. and later, suspected cocaine in the white house, the new steps in the investigation on how exactly the illegal drug ended up inside the west wing. we re going to begin this morning with the devastating outbreak of gun violence and the frantic search for answers in multiple communities including philadelphia, where the suspected philadelphia mass shooter appeared in court for the first time since five people were gunned down. no cameras or phones wer
and disregard them, the jury, as subjected to them, may not. the court shall not permit the defendant to turn the courtroom into a forum in which trump inject politics into this proceeding. jack smith then kicks off a highlight reel of trump s favorite spurious arguments, things like, trump, quotes complaints about the jury indictment and the trial date will interfere with his political activities. or trump s quote, false accusation was directed at the former president. jack smith also takes issue with some of the trump s favorite catch phrases like the injustice department or biden indictment. all of it, jack smith says, would taint a jury pool. quote, the in addition t being wrong, these allegations are irrelevant to the jury s determination of the defendant s guilt or innocence. it would be prejudicial if presented to the jury. put another way, the trump defense was, quote, repeatedly used rhetoric that made the acceptable on the campaign but not on the trial. make no mi