Started arresting protestors ahead of the Third Straight weekend of protests in Hong Kong Shanghai composite finishing the day in red european european equities here we are higher across the board german dax is up by almost 1 and almost 1 gains in france as well as for treasury yields, amazing to think that the ten year yield was at a three year low earlier this weekend 1. 443 were now at 1. 526 with the two year 1. 544 so the inversion remains exact. A new journal piece says that states attorney generals are taking issue with that proposed opioid deal with purdue. It will settle with a 2 billion settlement it will link much of that with future sales of oxycontin. Some states want the family itself to guarantee a larger cash payment up front. Others didnt like parts of the plan that calls for purdue to claim bankruptcy and emerge as a Public Benefit company theyll ask for an update today about where negotiations stand, he said he wants at least 35 states on board although a deal can mo
2020. Cheryl we still are talking about china. They are threatening though use their power to end months of demonstrations in hong kong. Protesters there may have just come up with a new nonviolent strategy that could hit beijing where it hurts, thats their wallet. Lauren hollywood promotion there causing complete chaos. How bargain prices brought one major American City to an absolute standstill. It is friday, thank goodness, right, august 16th, fbn a. M. Starts right now. Mr. Blue sky. Please tell us why. You had to hide away for so long. So long. Where did we go wrong. Mr. Blue sky. Please tell us why. You had to hide away for so long. Lauren welcome to fbn a. M. Happy friday. Im lauren simonetti. Cheryl good morning, everyone. I am cheryl casone. Well, we are ending on really another volatile day, its been an incredibly volatile week for stocks. Lauren were seeing more of that this morning. Take a look at dow futures. They are jumping 242 points. Thats about 1 . The nasdaq is gaini
With a giant sheet of papers on stocks along with what we call topdown analysis from whip smart strategist to outline what they are seeing in the big picture from their 30,000 foot purchase. The top domes are exceptional at what they do all the what they do is an almost was doing. They typically try to rationalize all the big picture inputs, treasury yield, curve, recession, housing then come up with targets given their perceptions about the world. By the way, the dow finished with 100. Climb. I am not a huge fan of the top down analysis. That is called macro. I like the micro thinkers, the people who analyze the fortunes of individual companies. They managed to gauge prospect. They translate earnings into price targets for neutral stocks. They are pretty much always on the game, always doing their homework, especially during earnings season. These two facets of analyst seem to almost have nothing in common with each other. Is this the time General Mills is they dont do that. They have
The new evidence this morning. Who may have caused it . Deputy National Security adviser john finer joins us live. A party divided. House republicans fail again to elect a speaker. Jim jordan loses support on his second vote. The holdouts not budging. The other option so the house can get back to work. Stunning confession. Jordan van der sloot admitting to killing Natalee Holloway on a beach in aruba in 2005. What the alabama teens mother is saying about her nearly two decade nightmare. Mortgage rates on the rise hitting 8 for the First Time Since 2000. What you need to consider when it comes to refinancing, renting and more. Imposter scams. How criminals are using ai to mimic a loved one in trouble. Whit was shown how its done. You look scared, whit. I am. Thats very believable. The red flags and the one thing families should do to help protect themselves. Netflix . Overnight the streaming giant hiking prices. Is the crackdown on pass word sharing paying off, and could your Favorite S
By israeli bombs. Hospitals overwhelmed and nearing collapse, as President Biden warns iran to be careful. And this morning, new details of the 25 american lives lost in the brutal terrorist assault. This as at least 17 other americans are still unaccounted for. Our team is on the ground across the region. Speaker scalise . House republicans nominate Steve Scalise but then delay a vote. A divided gop threatening more chaos. The star witness in the trial against sam bankman fried set to be crossexamined. His exgirlfriend and former Business Partner set to face the defense after saying he didnt believe basic rules about lying and stealing applied to him. Armed and dangerous. The urgent manhunt for the suspect who gunned down a former college dean. Police in vermont release a sketch of a person of interest. New use for ozempic . What the maker of the popular drug used for weight loss is saying about a drug for treating Kidney Disease. Taking on tik tok. Which state is now suing the social