Selling nba products. A stark warning from beijing, stay out of chinas sovereignty. Keep your mouth shut. Theres action on the trade front. The u. S. Has blacklisted 28 companies which are accused of helping in the repression of uighur muslims in western china. The Foreign Ministry there is considering retaliation. High level talks resume in washington this week, now with a more threatening backdrop. Its another day when the market reacts to headlines. Investors clearly worried again about china trade. The white house is also looking at limiting chinese stocks in u. S. Government Pension Funds. Now, were looking at a significant drop at the opening bell. The dow is off about 170, s p down 17, big drop for the nasdaq, down about 40 to 50 points. Heres what we have. Free speech threatened, American Business threatened, china playing hardball defense as it faces challenges from all sides. Varney company is about to begin. Stuart china trade, deputy level talks start today ahead of the hig
And jubilant democrats celebrate their win, senators warren and schumer do a gleeful selfie. Thats the political state of play. Not good for the gop or the trump presidency. Another news development. The economy is expanding very nicely. Between april and june, we expanded at an annual rate of 2. 6 , way better than the 1. 3 gain in the first three months of the year. The obvious questions, how to react to the political mess, the economys improving performance and perhaps most importantly, amazons profit decline. Stay right there, please. All will be revealed. Varney companys about to begin. Stuart all right. Friday morning, in 29 minutes we open this market, and im going to start with the news on the economy again. Gdp growth, 3. 6 2. 6 percent annualized in the second parter of this year. Quarter of this year. What kind of growth rate would we get if the republicans got out of their own way . 4 . It is encouraging that were growing a little bit better than europe or crab grass right
Kidnapping, robbery and Sexual Assault. Within hours of fridays tragic triple fatal crash in tie egg good, homicide detectives were already closing in on the suspects who bailed out of this carjacked suv after causing all of this carnage. By sunday night, both men were behind bars being questioned hours later they were charged with murder. What they did was indefensible and also unforgivable. So whatever remorse they may are may not have does that bring back the three young children. Reporter crashed till thomas reid, 15 year old key era williams and seven year old terrence moore. It left their mother 34 year old Keisha Williams in critical condition. Both of these defendants being charged with three counts of murder in the second degree. Both of those have mandatory live sentence. Homicide detectives tracked down the suspects after a Good Samaritan recovered one of their phones at the crash scene and called police. That cell phone ended up by Jonathan Rosas cell phone that got the inv