Maria big show this morning, joining the conversation fox business Dagen Mcdowell, benchmark capital kevin kelly and forbes media chairman steve forbes is here. Good to be with you. Maria a lot happening on the china front, futures indicating a lower decline, lawer move at the start of trading, dow industrials down 91 points, s p declining 8 points and the nasdaq lower by 16 as tensions between u. S. And china ramp up. Here is the latest, washington added 28 companies to an export blacklist over their role in that countrys crackdown on the Muslim Minority group, beijing warning of retaliation to stay tune, highlevel trade talks to begin on thursday, the president weighing on a potential for a smaller agreement yesterday watch. I would much prefer a big deal, i think thats what we are shooting for, maybe, who knows, probably unlikely. So i would say you heard the story here first, 1 Million People in china who have muslim religion, they have been rounded up now for months, a lot of peop
Discrimination should be able to decide their own election processes at cspan. Org. The Consumer Financial Protection Bureaus Kathleen Kraninger talks about payday lending practices and regulatory rules before the Senate Banking committee. This is an hour and 20 minutes. This meeting will come to orer. Issued its cfpb report which outlines the bureaus work between september 201 an march 2019 including rule makings and supervisor activities. Mr. Crapo it also provides insight into what the cfpb plans to undertake in the work period. Since stepping into her role last december, director kraninger has demonstrated a commitment to making sure americans have access to a wide range of products and services to meet their needs, fostering innovation and vigorously protecting consumers. Reflecting this commitment to the cfpbs mission, director kraninger conducted a crosscountry listening tour with the full spectrum of stake holders in her first mopthopes john. The directors conversations with co
Insight into what the cfpb plans to undertake in the work period. Since stepping into her role last december, director kraninger has demonstrated a commitment to making sure americans have access to a wide range of products and services to meet their needs, fostering innovation and vigorously protecting consumers. Reflecting this commitment to the cfpbs mission, director kraninger conducted a crosscountry listening tour with the full spectrum of stake holders in her first mopthopes john. The directors conversations with consumers, industry, and fellow federal and state regulators have improved cfpb engagement, informed their supervision an regulatory processes and improved agency transparency. In a semiannual report, director kraninger also highlighted that the cfpb has taken steps to strengthen the consumer mark place by providing Financial Institutions clear rules of the road that allow them to offer consumers a range of high quality, Innovative Financial ervices and services and pro
Moment right now the dow is down by 33 points take a look at what happened to equity markets overnight in asia youll see that the nikkei was flat the hang seng was down by. 8 and the shanghai composite up by. 1 in europe theres active trading taking place in the markets. Youll see its a little bit of a mixed picture. Three major averages are weaker with the ftse down by. 5 . Italy and spain are seeing stocks higher and then finally check out the treasury market here in the United States. This has been the thing we started watching so closely yesterday. You did see an inversion of the yield curve with the ten year yield challenging the 2 year yield. Right nowits slightly above the 2year as it should be at least. That inverted slightly yesterday late in the session. Right now 10year is yielding 1. 581 the two year is yielding 1. 561 . Were getting close on that again. That and maybe this as well investors suffering a bit of whiplash this morning as President Trump changed his messaging o
Points that happened with markets closing at their session lows. Weakness across the board. A lot of different sectors under pressure financials, materials and Consumer Staples all down by more than 1 well see what happens this morning. Futures indicated up this morning. Overnight in asia, the nikkei ended down by about a quarter of a percentage point the hang seng up by. 1 and the shanghai composite was flat and in europe where theres active trading taking place theres green arrows across the board. The biggest gainer of the three major averages is the cac up 1. 4 but you see gains of better than 1 for the ftse and dax as well take a look at whats happening with treasuries. Right now the ten year is yielding 1. 588 . So the yield picking up just a little bit the two year yielding 1. 539. Lowes is solidly higher on the numbers here 215 adjusted versus estimates of 2. 01 on better than expected revenue. A little bit anyway. The revenue is 20. 9 expected and 20. 94 to 20. 99 and then for