A shortened session tomorrow and were going to watch this news, whatever it is, as it is halted, currently for news pending comes on the heels of front page story in the times today, which says a couple of different things, one, he was dressed down by the faa chief earlier in the year told not to ask for any favors and says the halt of production of the max in their words is one of most consequential decisions in the companys 103year history. We dont know what this news is, jim, probably wouldnt surprise many people if it involved mull muilenburgs tenure. His top priority has got to be getting along with charming and sharing and being transparent with the regulators. I would have thought that would be Crystal Clear the day of the first crash. How did it reach that juncture shocking one thing he says is dont ask for any favors was he expecting him to ask favors that is not a good situation to be in. Thats just one small way, part of the way, this crisis has been handled for the last yea
It always leads us to our road map. It starts not with the stock market but with the big Company Named walmart and its shares, which are set to open at a new all time high. The retailer delivers an earnings beat, also forecast what is quote a good Holiday Season plus, Global Technology spanning slowdown concerns, cisco shares, they are sink ahead of the bell as we told you. Rain or shine, we always like that he will be with us for an interview and Elizabeth Warren on attack. The president ial hopeful dropping a fierce new campaign ad today shes targeting a handful of outspoken billionaires who have criticized her publicly. Many of them right here on our air. Lets get to shares of walmart they are on track as i said to open at a few all time high, quarterly earnings, Comparable Store sales up for a 21st consecutive quarter and ecommerce sales, get this, 41 in the u. S. Was what they were up that was helped by growth on what they said was Online Grocery. Walmart also raises its full year
Wall street watching washington today. Stocks set for a lower open. Google, the banker. The search giant reportedly planning to offer Checking Accounts next year and nikes amazon challenge, the sports wear retailer set to stop selling its clothes and shoes directly to the ecommerce giant. Wall streets going to pay close attention to events on capitol hilld chair powell will testify before the joint Economic Committee of congress and the nation will hear public testimony from house impeachment witnesses for the first time the inquiry surrounding the president s actions toward ukraine, for our purposes, jim, well see what powell says first as we expect him to say the economy is in a good place. Yesterday was a punitive moment with President Trump calling for negative rates and i think that a lot of what lets just call all of our watchers who are in the professional side of things, i think were unanimous in what was that about, thats off the reservation. I think jay powell is immune to it
Thank you everybody for coming. Please continue to enjoy your lunch. Im tim carney, im a visiting fellow here at the American Enterprise institute as well as being a the commentary ted tor at the Washington Examiner. Were here to talk about health care. But i want to ask a specific question about health care. And its a question that some people on the Free Enterprise side, the free market conservative or libertiarian side dont always ask. Kui, bono in latin, or who benefits. I think sometimes people on the right or right of center are uncomfortable with that question in policy debates because they say why should it matter who benefits . Because we see Elizabeth Warren will say a tax cut is bad because rich people benefit. But i think its actually a very important thing to talk about. One, it definitely influences our debates. If you remember in the 2008 campaign and the passage of obamacare, barack obama certainly thought it was very important to point out that he was battling, you kno
Thank you, everyone, for coming. Im tim carney. Im a visiting fellow here at the american enter Price Institute as being the commentary editor at the Washington Examiner. We are here talking about health care and we want to ask a specific question about health care and its a question of the Free Enterprise side and the free market consentive or libertarian side dont always ask in latin or who benefits . I think sometimes people on the right or right of enter are uncomfortable with that question because they say why should it matter who benefits because we see Elizabeth Warren will say a tax cut is bad because rich people benefit, but i think its actually a very important thing to talk about. One definitely influences our debates. If you remember in the 2008 campaign and the passage of obamacare, barack obama certainly thought it was very important to point out that he was battling, you know, the Health Care Sector. That he was battling the drugmakers or he was battling the insurers and