Metaceo Mark Zuckerberg saying he regrets caving to pressure from the Biden Administration to censor speech online. Meanwhile, our Commander In Chief is enjoying his second straight vacation. But the white house claims he is still running the country. And this is the big one. Vice president Kamala Harris shocking new flipflop when it comes to the border wall. You will not believe it. Im Kayleigh Mcenany with emily compagno, also joining us fox Business Correspondent gerri willis, Fox News Contributor and boardcertified physician, dr. Nicole saphier, and one of my personal favorites, former arkansas governor and former president ial candidate, Mike Huckabee. So good to have him today. Listen to this. Vice president Kamala Harris now supports a border wall. She backs a plan to spend hundreds of millions of dollars on trumps marquee border wall. This was a project that harris once described this way. This issue is about a Vanity Project for this president. And it is a problem of his own m
We got a boost from the bank of england a little early around. We will hear from the governor in just a moment. The cable rate, 1. 31. Keep an eye on the critical lines in the sand as we come through tomorrows session. We are starting to see yields a little bit higher here in europe today. A little bit of stabilization may be in the bond market after yesterdays big move, but a much flatter curve. Lets dive into the bank of england decision to boost its bond buying program. 150 billion, a little bit of a surprise. The market was expected 100 billion to be added to the program. Why the bigger number . That was the question i put to the governor. Gov. Bailey i think that was what we learn from our earlier experiences with covid. It is important that we act both quickly and that we act clearly in scale. That was an important consideration for us. The second thing is that we have to meet the inflation target sustainably over time. So a lot of work we did on our forecasts, employing the pers
Quiet. Youve really got to believe, with the tone we got from the president last night, i thought more invigorated than the recent days, that this is really going to heat up into the kind of Campaign Money people have been expecting, as you say, with 20 days to go. Jonathan heating up on capitol hill as well. House Speaker Nancy Pelosi under a little bit of pressure. A 2 trillion game of chicken playing out in washington, d. C. Tom shes going after wolf like,r of cnn, which is, unamerican to do that. [laughter] seriously, talking to mr. Adams of kentucky, mr. Adams made clear that mr. Mcconnell is comfortable there. Political report came out about 4 00 yesterday afternoon and went to a seven seat dane for the democrats seven seat gain for the democrats in the senate. The momentum in the change is now extraordinary. Jonathan the shift has been phenomenal. Weve got to talk about the back numbers as well this morning the bank numbers as well this morning. Bank of america provisions lighte
The latest edition and fans from the 70s will be happy. And a big day for the banks and what we have called the most important stock on the market today. This is Worldwide Exchange on cnbc good morning, good afternoon, goodevening. Im Brian Sullivan thank you for starting or ending your tuesday with us the Global Markets are setting up their day, futures are higher not a lot but they are up. Any green is a good sign for investors. Especially the speed and severity of the move down the markets around 2 00 p. M. Yesterday. Around 500 points were erased. The tech led the flip flop nasdaq ending lower after crossing up for the first time amazon, facebook, adobe, nvidia, et cetera. Most are higher right now premarkets. That reversal likely caused by news by california late in the day that it will roll back part of reopening imposing restrictions on restaurants, movie theaters and bars and students in los angeles and San Diego County School Districts are unlikely to return to physical classr
Were going to talk more about the tech sector. Is this a market moving event . We will get a take on whether the market should be paying attention to this. The banks are having a big day in europe. It is been a tough day. Barclays traders had a blockbuster Second Quarter. The lender is anticipating that the crisis gets worse. The ceo had this to say. Clearly there has been an extraordinary Economic Contraction globally. Particularly in the United States and in the u. K. A sizable reserve. The vast majority of that are derived by our risk models where we put economic forecasts into the models. Future unemployment rates, gdp rates etc. Those models produced impairment numbers. We think we have been conservative to build proper reserves. Economye how the particularly in the u. K. And u. S. Unfold in the next couple of quarters. We like the comfort of having strong impairment numbers. At the same time maintaining profitability for the bank. Youram looking at Investment Banking business. Fi