The question is, does he have a defense for the actual charge against him . Plus Kevin Mccarthy meets with Marjorie Taylor greene as pressure grows to have her stripped of her committee assigns, the question is whether mccarthy is ready to take action. And a major shakeup in the tech world as jeff bezos prepares to step down. But does he plan to step away . It is way too early for this. Good morning, and welcome to way too early. The show that really just show that its delivers stay on time. And we start with the news. House Impeachment Managers are arguing that Donald Trumps responsibility for the events of january 6 is, quote, unmistakable. While the former president s lawyers countered by denying the allegations and calling the whole trial unconstitutional. In detailing their case for why the former president should be convicted and permanently barred from office, the legal briefs linked trumps faufls claims that the election was stolen and his baseless efforts to overturn the resul
A little of this is flight to safety. Were going to talk geopolitics. Were going to the white house. The white house announcing sweeping new rules on what is called a crackdown on junk fees including banking, travel, lease sure, and housing. Theyre looking to ban businesses from charging hidden fees. That would include resort fees, live event fees, car rentals and more. They would be required to show customers the full price up front. That i would be empowered to secure refunds if the mandate is violated. The white house also taking aim at banks. The Consumer Protection bureau will require large banks to stop charging fees for basic Services Like requesting your Checking Account bans or payoff balance. Its more of a simple process. This is a big deal. You know what . For consumers, its sort of hard to think how its a good thing. Im sure there are folks on the other side, business leaders, saying, oh, my goodness, this is a whole other level of complication and we dont want to do it or
Tel aviv. Despite the massive runup in yields, why one huge part of the investment is sitting ontown sidelines. Well tell you why that could be changing. Its wednesday, october 11th, 2023, and youre watching Worldwide Exchange right here on cnbc. Good morning. Im frank holland. Lets take a look at stock futures. It looks like the dow would open up about 50 points higher. The s p and nasdaq solidly in the green. This follows a mostly higher session for stocksy ed that saw the russell 2000 post its fifth positive session in a row. Thats the first time it did that since july. You can see right here up almost 1 year to date. But important to note, theyre also belo e their 250day moving average. Were checking the bond market with the 10year coming off its lowest close since september. 4. 56. This is well below its yearhigh that it reached earlier this month. Important to note the 30year bond, a big indicator on Inflation Expectations and also Investor Confidence well off of its highs. It hi
Cigna reported a $300 million first quarter loss as the company grapples with the loss in value of its investment in doctor-staffed clinic operator VillageMD.
Walgreens Boots Alliance Inc. (NASDAQ:WBA) is facing tumultuous times as it grapples with a challenging turnaround, leading to a drastic decline in its stock value, marking its worst performance in over five years. The company’s shares plummeted by 18% in April, nearing a 26-year low, following a downward revision of its outlook. This revision was accompanied by concerns over decreased consumer spending and the revelation of a substantial unpaid tax liability amounting to $2.7 billion, adding to