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Neil thank you, message from wall street to President Biden we are not impressed because of the white house was hoping investors would be wowed by the fiscal discipline that is boasted about the latest federal budget and best teachers have a funny way of showing their amazement, not amazed not wowed and not surprised the white house is bragging about supposedly reducing deficits by 3 trillion over the next ten years tells you all you need to know it leaves out the fine point that deficits will stop average 1. 7 trillion a year over the next ten years, that does not mean 3 trillion that means over the next decade, are you sitting down, its more comfortable, more than 15 trillion in more debt, what theyre bragging about it couldve been 18 trillion and more debt, that is like me saying after gaining 30 pounds over the next ten years it couldve been worse i could again 40 pounds by this rationale im down 10 pounds, no im not im still ....
Yields have picked up. Tenyear yield above 5 . That is a significant level. We touched briefly above that for a nanosecond last week. Since then, you have to go back to 2007 when you have seen yields at these levels. 5. 012 for the tenyear yield. By the way, check out energy prices. You will see wti which is off 33 cents. 87. 76. We have merger monday as joe mentioned. Look at what is happening here. Chevron buying hess in the deal of 53 billion. 171 a share. That is a low premium over the Closing Price for hess on friday. Hess shares are up 2. 25 . Chevron down 2. 9 . This deal comes just weeks after exxonmobil made its move to buy pioneer natural resources. Both stocks on the move. Hess ceo john hess will join chevrons board. I just got off the phone with mike wirth. Very low primemium on this. This goes back long before the rumors came out about exxonmobil and pioneer. That deal went through last week. A lot of people thought af ....
Well speak to the ftc chair. Slow fashion. H m flags new september sales. The prospect of a Government Shutdown looms large as the Senate Moves Forward with a bipartisan funding bill. But republicans persist with a conflicting measure in the house. The senate has not passed one appropriation bill. I dont know how in the press stand and ask schumer what hes going to do, the house continues to do their job. We cannot sit back and look at the border and where it is today. Very warm welcome to street signs. A check on european market. Weve been open for about an hour, the stockses open to a modestly positive start after the rough day on wall street yesterday. We saw heavy selling accelerating into the u. S. Close, but european markets are on the mend, weve got the stocks 600 up a third of a percent today, following a pullback of 0. 6. Of the main benchmark yesterday. I ....
From unsealed Court Records in the Trump Classified documents case. Showing how overthetop the Biden White House was on this in attacking trump. Plus as larry was saying, how about the fix to stopping harassment of Jewish College students and dozens of universities nationwide. Get rid of the taxfree status. Prosecute every academic supporting terrorism. We are digging into help universities reportedly get billions of dollars from the middle east. Is that and lamenting these attacks in protest but first, lets get the update on the hush money case joining us now, former assistant u. S. Attorney andrew mccarthy, its good to see you again. This news, judge in the hush money case delayed the ruling on whether trump violated a gag order ten times as the manhattan da c ....