Good afternoon, everyone. The subcommittee will come to order. T purpose of todays hearing is to receive testimony on 15 bills pending before the pin lands, are forest and mining subcommittee. Because of the large number of bills on todays agenda, i wont go through all of them right now, but the complete agenda will of course be included in the record. I want to note that we have a former member of our committee here, former senator mary landrieu, and we have members who will be joining us shortly who have another Committee Assignment at the moment and others who will be joining us telephonically. I also want to begin by recognizing the staggering loss of life that has occurred embedded within what has shaped up to be a really horrific wildfire season. More than 36 people have perished in infernos raging throughout the western United States this year, dozens more are missing. In oregon, my colleague senator widens home state, thousands have lost their homes and over half a Million Peop
The performance of wells fargo, which is proving to be a drag. The 10 year yield in the u. S. Is down to 1. 82 . Wells fargo down more than 4 , one of the worst performers in the s p 500. Plenty of other stocks we will talk about. Tesla is close to that 1 billion valuation mark. Delta boosted on its earnings and also the 737 max grounding, which it doesnt have. We just saw boeing delivery numbers, and for the first time in its 45 year history, it has seen its worst performance against airbus, fewer than half what airbus managed to deliver last year. Guy it will be interesting to see what the 2020 numbers look like this time next year. In europe, volumes are ok today. European equity markets going nowhere in a hurry, up by just 0. 2 . In terms of where we are with the german tenyear, we are now only down by one basis point, so we are a little bit better bid on the bond market today than we were yesterday. But are we going to continue to track back toward zero . 1. 1122. Ar trading to th
This is humiliating. Let me just tell you. No, no, no. We will get this before the credits roll. Is it steve bulloc scooby dooby doo, where are you . Its the late show live, with Stephen Colbert. Plus, stephen welcomes jeff daniels and katy tur and Jacob Soboroff featuring jon batiste and stay human. And now, live on tape from the ed sullivan theater in new york city, its Stephen Colbert cheers and applause theme song playing stephen wooo live, baby cheers and applause wooo thank you, my friend. Hello hello, all my dear friend. Good to see you out there. Jon, good to see you. How is it going, sparkles . You doing good . Thank you for being here. Audience stephen stiffen stephen. Stephen i feel exactly the same way. cheers and applause soaked in electric gasoline. You can feel it. You can feel it. Its coming up. Its coming up. Please, have a seat, everybody. Welcome. Welcome to the late show. Im your host, Stephen Colbert. We are live, after night one. cheers and applause piano riff aft
Is looking unfinished for a facility that was supposed to carry passengers this year. Getting the construction finished as part of the job. Have to give them your make sure the trains run. And that it is safe for everyone. Today they publicly acknowledge that the project is further behind schedule and a new manager has taken over. The deeper job is to get this done. That will start with what amounts to a physical exam. Im looking at the project from top to bottom. What is left and what are the complications of getting the remaining work and asked . That review will last six weeks. At that point, they will have a realistic idea of when the trains might start rolling. Also any future delays. The contentious relationship with the contractor. Part of the job of figuring out the schedule means sitting down and having a conversation with the contractor. We started to have real productive conversations. The street level work is still expected to be finished by this fall. And delays into next
At the open. S p looking to be up by 1 point, the nasdaq off by 1 1 4 points overnight in asia, japan was closed for a public holiday. No trading or the nikkei most of asia was digesting Economic Data out of china the Second Quarter Economic Growth gdp slowing to 6. 2 , also coming off 6. 4 in the first quarter. Thats the weakest pace in 27 years. Industrial output, retail sales data also fixed Asset Investments were all above forecast chinese shares were down before the data was released. Then they turned positive. Overnight in europe, we are looking at i thought we were going to follow asias lead, pretty much flat across the board. The dakotas is off by 4 100 of a percent. The treasury yield market, the twoyear note 1. 845 . Just mention on the china data that markets responded better to the data for the first portion of trading in asia and europe and weve just sold off a little bit in the last few hours. As you pointed out that was just for june. Gdp for all three months it did see