We need to get a snapshot of todays action with julie hyman. Julie we havent had big pullbacks recently. There has not been that Much Movement either way in u. S. Averages. The fact that we are seeing a pullback that is good getting there are these concerns about growth. The strategist over at Goldman Sachs says today that the recovery we have seen in the United States in the stock market is likely to falter before gets a second wind. There arere was two big issues. A slowdown in the buyback activity. He thinks the other reason is going to be the drop in profits for the s p 500. Take a look at the bloomberg. We are seeing the s p 500 strategists are still pessimistic. The median forecast is 2150. And im going to send it back to you. Belowthe dollar falling ¥110 for the First Time Since october of 2014. That means the yen is at its strongest level in a year and a half. It just illustrates the risk off trade we have been seeing. Negative Interest Rate policy continues to give jim at jap
Youre welcome to the pulse live from london. European markets are trading higher this morning. The trading day. Lets get straight to ryan chilcote. Ryan european equities on the rise after asian equities rose as well. Why . You know. Bad Economic News is good for stocks. Expectations for the fed rate hike getting pushed back. Europeannestle so that equities the stoxx 600 despite we have some bad news with two of europes biggest companies. Hold the noodles. Part of the reason is they voluntarily pulled their noodles in india. That alone they said was responsible for 30 basis points of a loss in terms of sales growth. They are predicting a sales growth of 4. 5 this year. They have previously been guiding the market towards 5 . One of the reasons why shares are down. And folks wake and suffering for a second straight day. Yesterday, we had the news that they are going to engage in europes biggest ever recall of 8. 5 million cars. This morning, we learned from the European Automobile Manuf
Atlantic he highfashion makeover. You see if its new uniforms are a sign of a bigger revamp and we look at why two letters are all you need for an app to go viral. Lets get to our top story. Nicolas sarkozy has been charged with influence peddling after 15 rounds of questioning by police. Good morning. What are the details of the charge . Is interesting is this is the first time in recent history is that a french president is being held into custody, like we saw last night. Questioneds, he was by the anticorruption judges in the suburbs of paris before being officially charged with influence peddling. Sarkozy isolas accused of is allegedly influencing a judge, seeking information from this judge in exchange for promising the judge a prominent position as a government advisor in monaco. So the information that Nicolas Sarkozy was looking for is related to another case on alleged illegal financing of his president ial campaign back in 2007. And the investigators are looking into whether
That was to be my point, sir, and i will make it right now. The notion that because there is concurrently under way an impeachment inquiry before the house of representatives, that somehow makes this a nonjusticiable political notion. It is not supported by sound constitutional law or by any of the decisions of this court, and indeed, i would submit that to the extent the court has discretion in the matter, and although this court has now been given discretionary certiary power, District Courts have no such option, it would not be a wise discretion for this court to stay. This is not a request between two jurisdictional committees over who has discretion over a bill. Its not even a dispute between a president and a cabinet officer over what proper executive policy ought to be. This is a criminal proceeding, a federal criminal case against six defendants. A subpoena has been issued to obtain evidence for use at the trial, which is scheduled to begin on september 9. The court cannot esca
The presiding officer without objection. The senate will proceed to the measure. Mr. Cassidy i ask unanimous consent the bill be read a third time and the senate proceed to vote on passage. The presiding officer without objection. If there is no further debate, all those in favor say aye. All those opposed say no. The ayes appear to have it. The ayes do have it. The bill is passed. Mr. Cassidy i ask unanimous consent the motion to reconsider be considered made and laid upon the table with no intervening action or debate. The presiding officer without objection. Mr. Cassidy i ask unanimous consent that the Armed Services committee be discharged from further consideration and that the senate now proceed to s. Res. 136. The presiding officer the clerk will report. The clerk Senate Resolution 136, expressing support for the designation of may 1 2015, as Silver Star Service banner day. The presiding officer without objection, the committee is discharged and the senate will proceed to the me