Happen be a brilliant man and cant lose 3 billion jobs. That will be magnified many times over. President trump added he will only make a deal with china if it is quote fair and good. President trump took questions on a variety of topics standing alongside Emmanuel Macrone. The form minister was invited by macrone. President trump says he is open with meeting with iran in the coming weeks. President trump tid not attend the meeting on Climate Change, his aids were there. They pledged a fund to combat the wild fires in the amazon. Here is what the president said when asked if he is worried about Climate Change. The United States has tremendous wealth. The wealth is under its feet. Im not going to lose that wealth, im not going to lose it on dreams and windmills which arent working too well. Trump says he wants to invite russia and Vladimir Putin to the summit next year and thinks its better to have russia in the room rather than out. The president beliefs his resort this florida would b
The president criticizes the fed and europe as powell testifies this week. Deutsche bank announcing massive job cuts, exitinging Global Equities business, a highlyanticipated 8. 3 billion Restructuring Plan, but will it be the last. Another controversy brewing at starbucks well tell you what has the company apologizing this morning. Late last week, the s p was at within striking distance of 3k. Since the release of the stronger than expected june jobs number on friday, stocks have fallen on dampened hopes of a fed rate cut as the chairman prepares to testify on the hill later this week the president ramps up his criticism of the fed over the weekend. Take a listen. Despite everything, theyre not doing well and were doing great. Theyre not doing well at all, were doing great. Were taking money out and Interest Rates have gone up. If the fed didnt do what it did or even half, we would have the dow that would be as good as it is, it is doing good, but we would have a dow that would be any
It is better than the nasdaq which is down by 3. 5 for the week. Dow down 1. 5 . Yesterday was a rough day. It was yields. The next board that we will show on the back of everybodys minds. Investors. Normal people are not saying oh, my gosh. 30 more basis points. We are sitting up and taking notice of the 10year treasury now. How low we were for a long time with the backtoback crises. Right. If you look at the steep curve, that tells the story from the lows. The 2year treasury is the same story. Japans central bank maintaining the ultra loose policy. Bank of japan citing uncertainty with the economies and Financial Markets at home and abroad. This is a big deal. The yen has been vehweak. There have been expectations to raise rates. Governor euda indicated that would be the case. As soon as the end of the year, they would talk about finally ending negative Interest Rates. That has taken place for a long time. Yesterday, ashley spoke with the Prime Minister of japan. We will show you tha
Shows a 16yearold being shot in a local business. The two men police are now looking for. And running in 2020. The big announcement expected today from president trump. And the big story is the controversial fallout from a south jersey teacher. Hundreds of students walked out of class fromigh school east. Demanding the reinstatement of a teacher removed from his job after raising concerns about School Security. Jeanette reyes is live with the latest development. Reporter sara this controversy doesnt seem to be dying down any time soon. Hundreds of students came out and walking out of class. Close to 1,000 students. They say this is not the last of the protests until their demands are met. This morning chopper 6 hd hovered over head as hundreds of Cherry Hill East High School students left in a staged walkout. A strong response to the firing of a beloved history teacher. He brought up a real problem about how our School Security e protest. The 59yearold was placed on leave before his co
You can believe whoever you want. Its going to be nice this afternoon, though. Lots of sunshine and not a lot of wind and milder temperatures. Then were down to 53 by 5 oclock and by 7 oclock 48 degrees. More clouds but still mild and fairly nice tomorrow. After that thursday and friday look wet. Karen, ill have the latest from accuweather on that coming up. If theres a choice you know we would believe you, dave. Lets hit the roads right now. Were looking okay on route 42. This is traffic right here near 130. Thats your southbound traffic heading towards 295. All lanes have reopened after construction which at one point was blocking three lanes so its looking a lot better right now in new jersey on route 42. Not the case in camden, though. Weve got a new accident that just popped up here on kaighns avenue at cynwyd avenue. Watch for some reinstructions in that area. Lets check the schuylkill expressway for you right now here at south street. Westbound construction cleared. They were in