Down to them, thats where we infractions, that in the obama administration, was deemed not could start to see our initial pushback. On the other hand, its all fair, not right. They lost, time and time again. About having the job. If youve got the job, your now, appealing to the wto to fix wages are going up its not going to happen at this, do something, sort of get least until another year. Neil whats not . Any sort of price hike for this whole trade thing off the the consumer. For it to actually have an ledge. We are far from there. Then the British Development we impact on the consumer, the told you about. Retailer would have to not right now there is secondally absorb it. Not a majority of conservative the vendor would not have to absorb it. Government. Two key leaders opted out. Neil its american retailers and american vendors who are which means Boris Johnson, say a absorbing it. Its a misnomer for the president to say the chinese are paying for this. Miracle roll of the dice here
Percentage point, up 71 points. Fox Business Team coverage. Gerri willis on floor of new york stock exchange. Phil flynn watching all action, Hillary Vaughn at u. S. Trade representatives office. Start with gerri. Reporter what a day for retail today. We had great reporting out there, two companies reporting, targets and lowes with really positive results, sending the dow up 241 points. The entire sector target, as you can see is up 20 today, after beating on both top and bottom lines. The company out with really, amazing results, raising its full year outlook. Lowes also having a dynamite quarter, up 10 as you can see right here. The company eps, coming at 2. 15 cents a share, versus two dollars. Very good news there. As you can see, these are companies that really appeal to people. Theyre discounters. Really have a lot of room to have broad appeal with americans. After the close today. We will get nordstrom. Estimates there, eps of 75 cents a share. Revenue estimate of 2. 93 billion.
Freeport. Strong powerful winds are all blowing all across the islands destroying homes and businesses. The storm conditions are a serious threat to the safety of everyone in the bahamas and elsewhere in the storms path. Other parts of the bahamas have seen the impacts. The hurricane made landfall as a category five storm on great avaco island yet yesterday. The winds ripped roofs off homes and brought down powerlines. Thousands of people evacuated their homes to seek shelter in schools and churches. The Prime Minister of the bahamas says at least one down of more than 6000 people appears to be under water. Authorities are just beginning to assess the damage. Three airforce are flying moderate recovery planes aiming for the eye so they can get the most Accurate Information on where dorian might be headed. They used radar and other equipment. The hurricane speed and direction as well as whether it is expanding or contracting. Teams are gathering information on the ground in the state of
Security to their more senior members, but it also means that School Districts are forced to first, the new hires even if those teachers are star performers. Parents object, but the unions have decided they can accept that. Also want, understandably, generous Retirement Benefits for their members. In michigan, 20 7 of School Districts budgets are going to provide pensions and health benefits, and its not hard to see why. In this state you can retire after 25 years to collect full benefits. You have a lot of teachers retiring in their late 40s or early 50s. If costs were going to be cut, they wanted those cuts to come elsewhere. They wanted taxes to go up. That is what has been happening in wisconsin. In wisconsin, School Districts and municipalities simply did not have the power to roll back some of those union benefits, so the only solution to keep the Services Going was higher taxes. The unions were fine with that, but it was not until scott walkers reforms, which they protested vehe
6000 people appears to be under water. Authorities are only beginning to assess the damage. Meanwhile, three Airforce Reserve crews are monitoring the hurricane from the skies nighing modified cargo storms so they can get the most Accurate Information on where dorian might head. They use radar to measure the system of wind inside the storm, the speed and direction as to whether it is expanding or contracting. The team willing gathering information on the ground. In georgia, survey teams are installing systems on the savannah. N. That system will report humidity, how fast the wind is traveling and how deep the water is. Most of the sensors are attached to bridges since they are usually above storm surges during those high tides. All that information will be used to predict when evacuation orders should be issued. 14 that leads us to florida and where the storm is headed. Sit moving one mile an hour. It has stalled. The steering currents collapsed. It has nowhere to go. It is just sittin