This story is developing quickly. Well bring you new headlines from the president when we get them. Plus a Hollywood Star is now officially serving time. New details as Felicity Huffman reports to prison. The delivery wars heating up. Walmart is moving to the next frontier. How you can get your groceries sent straight to your refrigerator. Melissa i like the sound of that. Fox Business Team coverage. Blake burman at the white house. Gerri willis on floor of new york stock exchange. Gerri, first to you. Reporter thats right. What a day in the markets. The dow up 237 full percentage points. The dow back over 27,000, 27,024. Good news for major averages. S p 500 is up and nasdaq too. What is going on here . All about earnings, whether you were looking at jpmorgan chase, johnson johnson, unitedhealthcare, wells fargo, all of these companies doing very well indeed. Johnson johnson in particular having a good day. So, as we look at these companies what were hearing is that maybe this economy
I want to start with the last words, in the last days what are you referencing . Referencing a specific faith tradition. Theres a lot of work in apologetics coming out the new atheists have gotten very aggressive in the 21st century a. Where the new atheists . Usually talking about the four horsemen, Richard Dawkins, he wrote a book called the god delusion but he has some cold followers, sam harris, Christopher Hitchens passed on, and Daniel Bennett abthe column the four horsemen of the atheist apocalypse. They are aggressive and angry. The old atheism of the 20th century was much more live and let live. The idea was i cant believe but if you want to believe that to our business and is probably good for you and probably good for society. The new atheists will have none of this. They will say i dont believe and to make sure nobody else believes either and im going to crusade to try to destroy everybodys faith. Part of it is playing a little off the apocalypticism of the new atheist. Tal
Bookstores like this. We are very happy to be here. Thank you for having us. What do you. David aldrich, michael, the most important person in the room, and we are thrilled to have everybody from cspan god bless you all from being her for beine members of my family. We have a really good show and as they realize this is the last one for a few weeks because we will take a few weeks off and take a breath. I really liked the show and i start flailing a lot into it. We have a birthday we will discuss and wdiscuss inevitabley officials and what its lik like running a local independent bookstore these days and freshman reading if you are a freshman you should be putting the phone down and ipad down and reading the book because you probably have required reading. We have featured author David Epstein blowing minds everywhere among the type of people with a lot of them with his book range by a generalis generalist triuma specialized portal. Its a great book and a very counterintuitive. But fir
Roared 9 higher today, helping to prop up the Dow Jones Industrial average although not enough to keep it in the black. The dow ultimately dipping 40 points, s p declining 0. 14 , nasdaq slipping 0. 09 partially because of the rancor of last nights debate. Ill have more to say about the debates impact on the market later in the show. For now, i want to talk about how stock picking is the opposite of politics. If you change your mind in politics, you get eviscerated. But if you dont periodically change your mind in the stock market, your portfolio gets eviscerated. Im hardly the first person to point out this need for flexibility. Im taking my cue from the late, great economist john maynard keynes, who when asked why he flipflopped on a issue allegedly responded, when the facts change, i change my mind. What do you do, sir . I say allegedly because the story is apocryphal, but the sentiment certainly rings true. For example, until last nights been a serial guide downer, almost every qua
Oil is nearly unchanged. We begin with janet general on the hymn, day one of congressional testimony. The market awaits any change in Interest Rate policy. Disney and time warner both report earnings but fail to catch a bid. Yes, earnings were beat. Most stocks sharply lower. Well fill you in. Trumpsanders taking the state t. Race moves on to South Carolina and nevada. But first up, were less than an hour away from generals spy annual testimony on the economy and Monetary Policy. This morning, shell appear before the House Financial Services committee. Tomorrow, of course, the Senate Banking committee. In her prepared remarks, she says financial conditions have recently become less supportive of growth and a lower path of fed funds rate would be appropriate if the economy were to disappoint. But she adds, she still sees moderate growth ahead 245 would allow the fed to pursue gradual rate increases. We will bring you live coverage at 10 00 a. M. Eastern. She talks about slack in the lab