Fox news sunday host Chris Wallace pulls back the curtain on d. C. Spending, plus his heartstopping new book count down 1945. And worries about a second wave of the pandemic persist as the black lives Matter Movement charges ahead. The man who checks all the boxes when it comes to this multiple layered intersection, dr. Wayne frederick, not only the president of Howard University but also a surgeon who is uniquely qualified to put it all into perspective. Its a fox business exclusive. What do movie star arnold schwarzenegger, billionaire Warren Buffett and Marvel Super Hero creator stan lee all have in common . They are all part of a new channel for toddlers and tweens Just Launched by Genius Brands. With its stock making an absolute moonshot, geniuss ceo is here in a fox business exclusive on what some are calling the nickelodeon killer. Plus, ebay executives send a bloody pig mask to critics . Making money on Real Estate Investment stocks that dont get freezer burned from the retail
Kent garrett and Jeanne Ellsworth are here with us today courtesy of tom and margaret mr. Garrett graduated from harvard in 1963. He has had a 30 year emmy and peabody awardwinning career in Television News and documentaries. Jeanne ellsworth has a nephd in social foundations of education from the university of buffalo and has devoted her life to teaching from Elementary School to prisms, to universities. The authors live in roxbury new york. Please give a warm savannah welcome avto kent garrett and Jeanne Ellsworth. [applause] thank you for inviting us. The book is called the last negroes at harvard, 61 years ago harvard admitted 18 negroes, thats what we were called then, we were the largest number at that time ever admitted to harvard. We were from all different parts of the country, north, south, east, west, we came e fr different economic and socioeconomic grounds and they had been admitting blacks to harvard but only two or three at a time, most guys would go do their four years
End Coal Financing being undermined by new credit from china and japan. Lets take a look at the markets now. Looks like very much like the past couple of weeks although potentially more so. Very volatile, s p 500 futures have begun to trade and we automatically have begun to see a decline of 2. 8 . We saw last week a gain in the u. S. The s p but the average move was three points. Olatility is still reigning sustaining stocks losses for a second day. The safe even been coming back coming safe haven bid back strong. The u. S. The yen is strongest since the 2016 election in the u. S. A rough day, 41 a barrel for oil. Now investors are expecting more. Lets take a longer look at wti crude. Not even not only did the meeting in vienna not result in agreement, but saudi arabia has initiated an allout price war saying they will pump 10 Million Barrels a day next month. Some analysts are expecting 30 oil prices again, near the lowest level over the past two decades. One analyst said he sees pot
Certain tariffs. Not just a trade deal, but actually removing some of the economi existing tariffs earnings continue to lead us higher just a bit. We have names like kroger and tapestry, the old coach beating expectations joining us for the entire hour is a man you know well, steven weiss from Short Hills Capital partners steven, good to see you down here at the New York Stock Exchange good to see you brian good to see us both heres the thing, earnings, trade, maybe just general positive market sentiment. One of those three or maybe something else, that has been the primary driver for what has been a nice little run we are up nine of the past eleven sessions on the s p 500 i think there are multiple drivers to the market. Trade being the most important and the most dominant. You can see the correlation. For those who say that trade is all in the market, thats clearly not true because when you get positive news coming out, the market ticks up when you get negative news, it goes down. So
Buy in the space how can that be . Well tell you as power lunch begins right now and welcome to power lunch. Im melissa lee. Stocks taking a breather today after yesterdays more than 1 gains, all three of the major indices are lower with the s p and dow on track to snap the threeday rally since last weeks big drop. Fractional losses across the board. Check out the transports theyre sinking further into correction territory American Airlines, the biggest drag there that stock is now down 16 for the month of august. Well have much more on that move later on. Ty we begin at the white house President Trump to meet with the president of romania while the economy is front and center for the president and the administration and eamon javers has the story for us now thats right. Were going to see the president of the United States in the oval office here in just a short time the president will have the opportunity to talk about the end of the 30th anniversary of the end of communism in romania