The president gives a rare interview and gets the economy dead wrong. Biden says inflation was at 9 when he took office. Thats wrong. It was 1. 4 . He says inflation is the result of corporate greed. Thats debatable. He says we have the strongest economy in the world with. Lets just say the president was in heavy spin mode six months from the election. And an astonishing reversal of decadeslong policy. Biden has placed an embargo on weapons for israel. The president does not want the israelis to finish off hamas. Netanyahu insists theyre going to do it, so biden cuts off the weapons. In effect, biden is protecting hamas. To the markets. Stocks mostly lower in the premarket session. Were down 80 on the dow, the rest are just fractional losses, s p and nasdaq. Interest rates a little higher, the 10year moving back right around 4. 5 , were now at 4. 50 precisely. The 2year, last time i checked it was 4. 84, now its 4. 83. Moving a bit lower there. Oil, 79 a barrel. Gas, no change at 3. 64
Mental issues. Reporter now with authorities knowing only 133 made it out. We have four people unaccounted for. Were not expecting good news. Reporter agents with the bureau of alcohol, tobacco and firearms and explosives are combing through ruble still trying to fine those missing, bring their families some peace. People asked me, what can we do . What can we do for these four people not accounted for as their families are waiting for word, even right now. Say a prayer for them and their families. They are going for some of the toughest times you can possibly imagine. Reporter and now chopper three is live over the wreckage and ruble left behind by that fire, atf agents and others were only able to get full as zest today because of hot spots and structural issues. Authorities want to find exact origin of this fire today but we have seen, what looks like investigators being lowered into the ruble because they are focusing first on finding those four people, still unaccounted for. Comin
Lift off in september. The stage is set for thursdays show down. The lineup for the first debate is revealed. Coming up on the show, is apple becoming a roten stock. Well explain next. Well take a look at a Luxury Retailer looking to go public for the second time. Also coming up on the show, putting your money where your mouth is. A leading investor from index ventures explains why food delivery apps make for a good investment. Welcome to the show. Yes, this is worldwide exchange. Those comments really sending shockwaves across wall street yesterday. Stocks ending lower. In fact, appleby far the biggest drag on the dow. The worst performing stock now tracking for its 5th consecutive down day. One of the reasons we saw the nasdaq underperform. In todays trade we have a dose of Economic Data plus earnings continue to be a focal point for investors. Nasdaq up 8 points in premarket trade. The dow up just slightly. Despite the sell off on wall street over the past two days s p 500 only 2 aw
Turned in the killing field remain closed off as people in las vegas struggled to come to grips with the unspeakable tragedy, that shattered this community. Police say 64 yearold Stephen Paddock had an arsenal of 23 weapons and thousands of round of ammunition in his room at mandalay bay. Newly obtained images from inside of the suite, show the door that a swat team blew out and rifle on a try pot, investigators are trying to figure out what set off the retired accountant who had in history of gun violence. Were hunting down, tracing down every single clue that we can get in his background from the. Reporter from the 32nd floor paddock took aim at thousands of people as people fled and panic fencing around the venue trapped many. I had a man die in my arms. Doing everything i can to try to save him but it was not enough. Im upset that he cannot go home to his friends and family reporter Authorities Say paddock modified two guns to make them fully automatic his rampage has spark new con
World Wide Exchange on cnbc. Im sara eisen. Stop snapping. Im not snapping. Im getting out twitter question. It is throw back thursday. Were throwing it back with olympic spirit, go team usa it says. I agree with that. I also say go team gb. I think theyre still falling behind. Lets check on the markets this morning. Again, just continuing this pattern of smaller moves, tighter ranges, dow futures are up 36 points. S p are up 3. 2. Nasdaq futures are up nine. Beneath sort of the headline flatness were seeing in the industry, there are some movers. Yesterday the market was dragged down by energy. Worst performer and financials and the financial story, loork at the 10year treasury note yield. Had an auction yesterday. There was a lot of demand, foreign demand for u. S. Treasures. That pushed yielding down. Were hovering over 150 this point. Exxon was the worst performer yesterday. Better than expectations. Were going to talk about the bond story in a bit. Lets have a look at european uni