A journalists. Making themselves heard protestors across latin america hold simultaneous demonstrations. The white house says it will not take part in the next step of the impeachment inquiry into u. S. President donald trump he had been given a sunday deadline to say whether he would send legal representation to a hearing on wednesday well the white house says it will respond separately regarding a 2nd hearing which has a friday deadline the u. S. President is under scrutiny for asking ukraine to investigate joe biden and his son in exchange for military aid. So lets take a look at what will be a big week ahead in the impeachment inquiry into the us president will members of the House Intelligence Committee receive a copy of the impeachment report and will outline the findings of its investigation into trumps dealings with ukraine theyll have 24 hours to review the report they will then be a vote on tuesday afternoon to move it forward to the next stage that being proceedings in the H
Leaders gather for climate talks in spain will explore whats at stake for fragile River Systems in kenya. Now the white house says it will not take part in the next step of the impeachment inquiry into donald trump the us president had been given until sunday to confirm whether or not hed send legal representatives to a hearing on wednesday the white house says it will respond separately about a 2nd hearing which has a friday deadline the u. S. President is accused of asking ukraine to investigate political rival joe biden and bidens son in exchange for military aid while its a busy week ahead for the impeachment inquiry members of the House Intelligence Committee are due to receive a copy of the impeachment report later on monday it will outline the findings of its investigation into trumps dealings with ukraine theyll have 24 hours to review that report. Then theyll be a vote on tuesday afternoon to move it forward to the next stage that being proceedings in the House Judiciary Commi
Now the white house says it will not take part in the next step of the impeachment inquiry into donald trump the us president had been given until sunday to confirm whether or not hed send legal representatives to a hearing on wednesday the white house says it will respond separately about a 2nd hearing which has a friday deadline the u. S. President is accused of asking ukraine to investigate political rival joe biden and bidens son in exchange for military aid while its a busy week ahead for the impeachment inquiry members of the House Intelligence Committee receive a copy of the impeachment report later on monday it will outline the findings of its investigation into trumps dealings with ukraine will then have 24 hours to review that report and then there will be a vote on tuesday afternoon to move it forward to the next stage that being proceedings in the House Judiciary Committee which will consider any articles of impeachment against President Trump jordan is in washington d. C.
The wrong time . In todays cover story, from the port to the picket lines. An east coast port strike threatens to rattle the economy. After years of cutting out credit card use, why shoppers are getting back into the swipe of things. Plus, could a tumble off the fiscal cliff hurt the markets . One trader says dont fall for the hype. First business starts now. Youre watching First Business financial news, analysis, and todays investment ideas. Good morning. Its friday, december 28th. Im angela miles. In todays first look watch your neck. The market is a headturner. Yesterday the dow dropped more than 100 points on word out of washington a resolution to the fiscal cliff was unlikely. But president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. Reports are swirling apple is moving production of its Mac Mini Computers to foxconn plants in the u. S. Apple may also be working on a smart watch. A
Fell 3 . Gold was unchanged. Oil sold off more than 2 dollars. Regulators are set to fine j. P. Morgan 700 Million Dollars over the london whale trading loss last year. Triple aaa reports. The nation has gone 1,000 days of gas prices above 3. 00 per gallon. And at our last check 13 people are dead following yestrdays shooting spree in dc. Glen schultz of Performance Trust joins us on the show now and glenn has the bond market priced in fed tapering . Absolutely, the bond market is priced in fed tapering. I think in the might of the bond market, tapering is all but certain. So the question really becomes how much or what degree does tapering will occur . Right now people are probably pricing in something between a 15 to 20 billion reduction in the feds purchase program. Right now, the Federal Reserve is purchasing about 80 billion a month in assets. So were really looking at Something Like a 25 reduction in the tapering program in terms of volume. So we will see what the said that the s