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Both banks reported betterthanexpected results but they warned there are still risks looming for the economy. Today our swing state economy series continues from here. The state of florida, were now in Pinellas County which could actually endp deciding the election. It is really the Battle Ground of all battlegrounds. Well talk coming up why that is the case from here in Clearwater Beach. First the news, fox Business Team coverage of todays top stories. Blake burman is the a the white house. Hillary vaughn reporting on the Supreme Court hearings from capitol hill. Both Jackie Deangelis and susan li are in our new york newsroom. Blake, we start with you. ....
[applause] [crowd chanting usa] this is my 13th during myennsylvania administration which is more than any other president to this point in the term and i love pennsylvania, went to school in pennsylvania. Philadelphia. We love this state and i love the union and the workers and when i built buildings in new york i build them exclusively with unions. People do not understand. Last really great election, our election of 2016, we did great with the union workers, great. We did not do good with the leadership. The leadership said we have always gone democrat. Lets go that way. That did not work out too well for some of them. As gretchen said, this would never have happened without me and us, this would never have happened. I am with you. Remember that and remember that pennsylvania, pennsylvania has the best numbers they have ever had in the history of the state. That is for a very good reason and you know what that reason is, hello, here i am. And i am truly honored to be here with the < ....
Theyre about to make a big bet on all Day Breakfast. Will this be the move that finally turns things around for the fast food giant . Or is it just too little too late . We have both sides of yet another heated debate on mcdonalds. Everybody, you either love it or hate it right now. Nobody is lukewarm on mcdonalds these days. A lot of people like breakfast for dinner. We will see. That big selloff in commodities. Keeping an eye on that for you. Gold seeing the longest losing streak since back in 1996. Well discuss whether the strong dollar and the commodity drop could actually delay a fed rate hike. Oil just closing below 50 a barrel. Well start, though first with the tech sector. Getting hit the hardest today after apple and others reported disappointing Quarterly Results yesterday. Apple and microsoft are the bottom performers on the dow. Yeah we had those two plus go pro ....
Were the two profit drivers in the Second Quarter for General Motors and more importantly for investors, margins were above 10 and for the remainder of this year General Motors expects business to be Even Stronger in part because of pickup trucks in north america. Our pickup share in the Second Quarter was up close to 3 Percentage Points on a year over year basis. So we continue to see a lot of Strong Demand for fullsize pickups, suvs and crossovers. To drive that point home think about this. Year to date General Motors pickup sales, both fullsi ....