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Welcome to power lunch. A lot doing on the dow is up triple digits, although off the highs of date that is about 0. 06 of a gain. Take a look at abeBed Bath Beyond, the best day in almost two deck asd ades on its annount of a new ceo and Kayla Tausche is outside the room where it is all happening in washington today. Reporter and inside the ustr building just behind me, we are expecting that lunch is wrapping up and that some of the lower level officials are going to be returning for an afternoon negotiating session that were expecting to last about four hours. And then around 6 30 p. M. , the two sides will host a dinner that white house Officials Say is going to be a celebration of sorts. I was told last night that it was a rather fancy and special affair, were still awaiting the location on that one of course the main ....
Growth, trade uncertainty, lower inflation. A number of participant thought it would better align the feds benchmark Interest Rate with socalled neutral rate, the rate that neither spurs nor slows growth. Several members want to the maintain rates. Not cut rates last seening. They thought the economy was in fine shape and they wanted to save firepower for when the economy actually deteriorates. There were a couple who wanted a 50 basis point rate cut. We know one of those was st. Louis fed president bullard. Going forward, more concerns about risks to the outlook in terms of trade uncertainty, slowing global growth. They are looking at protests in hong kong. They see a significant probability for a nodeal brexit. They see what is going on in the middle east, how that could impact the outlook for the economy domestically. Several members also discussed the job market. They do still see the job market as strong. However they are look ....
You know what its like. You have twins. Werent they born on the same day . They happened to be born on the same day. I think you mentioned that. You have to gear up for that stuff. You can see right now, a mixed picture for the futures. It looks like the dow futures are up by 26. The dow was up yesterday by 236 points yesterday. The s p was up by more than 1 . It closed at its 17th recordhigh of 2024. Again, it ooh is only march 13 ft. So thats pretty rapid success for all of those new highs. The nasdaq was up by 1. 5 . It reversed two days of declines. This came after the cpi number was a little hotter than anticipated. All in all people looked at it saying housing inflation was coming down to some extent and it with was good news. If you took out treasury yields, they were higher. They jumped on the cpi. The 2 yeee2years at 2. 6 . Alaskan airlines is confirming the plane that lost the door plug was actually scheduled to under go maintenance later that night. I roy. To get straight to ....
Parents of two missing girls who went for a sleepover and never came home. The parents saying they had no idea convicted rapists live there. The change theyre now demanding, plus the shocking close call on this virginia highway and later a victory parade. Unlike any that actor Ryan Reynolds has ever seen. From abc news in new york. This is america this morning. Good wednesday morning, everyone im andrew denberg morning. Im maria and ali. We want to begin with breaking news overnight, the days long manhunt for a mass shooting suspect previously deported from the us four separate times is finally over. A man is accused of gunning down five of his neighbors, including a nine year old boy. He was captured last night, hiding under a pile of laundry and this as we learn how he was caught, federal agents are now conducting an urgent search. In another case, this one involving two men who escaped from a jail in virginia. One is charged in ....