Offering a possible sale on the slopes eyeing a take over and other luxury targets get a boost among the consolidation. Turbulence ahead. Shares of skand Avian Airlines are lower. Saying they expect a rough year to come. We are forecasting a rather challenging year for 2020 where the outlook is designed at 3 to 5 of course, there is more work to be done. It is a busy day if you are an oil trader. Opec numbers will meet to decide whether they should take fresh action to support prices reuter has reported a deeper supply cut is the main scenario up for discussion. It would represent some 400,000 barrels a day. Saying there was not yet a consensus. He would prefer to roll existing supply cuts over to the end of next year. Our colleague joins us outside of that meeting. What else did he say about the cuts extending reporter good morning from vienna where Top Oil Producers are meeting to discuss the potential deepening of the opec cut deal this is some what of a surprise. Coming into the me
Maria big show this morning, joining the conversation fox business Dagen Mcdowell, the host of the secrets of wealthy women podcast veronica is here and entrepreneur kevin oleary. Do you want to take money to the sidelines until a deal is done . I come to the conclusion the market wont care because whats really occurring here is we have back tax, valueadded tax on chinese goods and they have been absorbed quite efficiently in the u. S. Economy, every other g7 has a back tax, we have one just on china. I dont care if they continue to ratchet up the tariffs because i think its the right way to get a deal done. Maria youre in on this. People were expecting recession or some sort of recession in 2020, not hearing that nearly as much anymore. Maria absolutely. Whats predicated on that is theres a trade deal, we will see a pullback in market in 2020. Dagen market has told you that the Recession Risk has fallen because the yield curve is no longer inverted and the 10year yield on the treasury
Is launched in pakistan. Three experts in us constitutional law have testified to congress that there is no doubt President Trumps actions require him to be removed from office. The three scholars, picked by the democrats, described mr trumps efforts to get help with re election from a Foreign Government as a crime and accused him of obstructing justice. A fourth expert, picked by mr trumps own republican party, said his actions were troubling and wrong, but not impeachable. The bbcs nada tawfik was on capitol hill for the Judiciary Committee hearing. Another historic step in the impeachment inquiry, as it moves to the Judiciary Committee. A new room, a new set of members and witnesses, and the ultimate question did President Trump commit an impeachable offence . So help you god. Four constitutional scholars were called in to give their analysis. Three of the legal professors were emphatic that the president had to be held accountable for putting his personal interest in re election ab
Is the Chinese Owned Company a National Security threat . Breaking her silence. Demi lovato now speaking out for the First Time Since the overdose that nearly took her life. Im so tired of pretending like im not human. Thats one thing i wont do anymore. Why she says shes stronger than ever. Looking for some hot stuff and its back. The popeyes chicken sandwich sending fast food fans into a frenzy now finally returning. The hours long lines and the nfl star calling it the secret to his success. And good morning, america. Hope youre doing well this monday morning. Two people at this desk dont have really sore legs this morning. Over here. Are you guys wearing slippers . Well, actually i am but how was it . It was it was one of the most amazing experiences of my entire life. New york city at its finest. Everyone came out to cheer us on. I cant tell you how much that lifts you up. There we are running. I ran with my friends and that was so cool. We all finished within a second of each other
Well take you live to the president as soon as those remarks are coming up. Deirdre dorian could strike florida as a category 4 hurricane. This is the development over this weekend. Well bring you latest on preparations, why timing wise the hurricane is expected to hit. Connell busy hour. Fox Business Team coverage of all the top stories. Edward lawrence at white house, gerri willis on floor of the new york stock exchange, phil flynn at chicago and edward we start with you. Reporter chinese say they will not continue titfortat. A Chinese Commerce Ministry Spokesperson saying current level of retaliation is sufficient. That was, what he said when asked if the, about the president s increasing tariffs on september 1st and october first. President will up tariffs on 300 billion of chinese imports on september first, starting from 10 to 15 . Now part of that tariff goes into effect on sunday. The other part goes into effect on december 15th. This is designed to increase pressure on china.