Continue on. The u. S. Moving to we will take a look at mba mortgage applications. Earnings before the bell. Tiffanys, michaels, express. More retailers. More retailers. Here is one item to note. Antiaa College Football season begins today. Labor negotiations began last week. Tiffanys will be interesting because of the japan influence. Absolutely. I find there to be a big asterix around it. Substitutable goods. Yes, they are. Lets do a data check. Stocks, bonds, currencies, commodities. 2002 was the closest. 500. On the s p there is the vix. The dow well above 17,000. Was really smart on this yesterday. Flatter yield curve, higher twoyear yield compared to what you to a lower 10 year yield. Lets go to the other side of the world. Versus south korea. Here is the asian crisis. This is ugly korea. Japan does better. This is the churn. Stronger yen. This is the abenomics pullover. This is really moving. Stronger korean. This profoundly affect south korea. Theou can just look at success of
Headlines today. X steel understood investigates how drillers see opportunity in big oils problems. Lets begin with peter cook and has the tales on a new report being released this hour on egg bank subsidies. Good afternoon. Has been nearly six years since the financial crisis and washington continues to debate whether some banks are too big to fail and if those institutions have a competitive advantage because the government will ride to their rescue once again. The hearing act k starting this hour in the senate inking committee is releasing a longawaited government report onlity office the issue. The report is unlikely to end the debate altogether. The key findings the gao concludes big banks enjoy more funding compared to their smaller peers during the crisis but goes on to find most models show that advantage has declined or reversed in recent years as the economy has improved will stop the gao concludes the advantage could return if the country faces a new economic crisis. They sa
Countdown to the closing bell starts right now. Liz good afternoon, everyone. I am liz claman. Charlie gasparino has the latest details on this story. It affects a lot of people. Steve cohen pushing back. The email was sent back in 2008. Improperly obtained. They made a trade right after that. 2. 7 billion deals. Cisco wants to take on the Cyber Security business. Right now, shares of cisco are down just a penny. We are all over the story. We need to get to the Earnings Report that so many of you are going to be watching. That, of course, is apple. Now, well, here is the sad tale. Up about 30 over the past year. Here to break down the numbers, shell love. She is on the story. Educate our viewers. How many iphones did apple sell in the quarter . Apple is still an iphone company. That, of course, is what everyone will be watching. 26. 5 million iphones sold in the quarter. Long gone are the days. People just really want to know. Can they keep going . Can they keep on delivering those num
And saudi king to discuss a deal solidify a deal with opec that would cut Oil Production and save jobs during coronavirus. President trump on tuesday in just a couple of days will announce the Bipartisan Commission to open up the economy. Now, may 1st is a day floated around the west wing to potentially get things back to normal. Thats the day after the current 30 days to slow the spread ends. The president last night in a phone interview said this about his thinking. Whether we like it or not, there is a certain instinct to it, but we have to get our country back. People want to get back. They want to get back to work. We have to bring our country back. But ultimately some governors would say they are the ones locally that actually have the power to open up the economy. They are ones who have put the stay at home orders in place. President trump has not actually implemented any stay at home orders specifically on a state level. President trump when asked about it, said he would defer
Tomorrow morning. President trump will attend. He and the first lady paid their respects last night. Bill there was a show of unity in the halls of congress after the emotional ceremony honoring mr. Bushs military career and his inspiring life and service to our country. Today this hero has returned to the capitol a final time. He kept us flying high and challenged us to fly higher still. In important times, George Herbert walker bush demonstrated the finest qualities of our nation and of humankind. A great leader and a good man. President George Herbert walker bush loved his family and served his country. His example will always inspire and his lifetime of service will be enshrined in the hearts of the American People forever. Sandra peter doocy joins us live from capitol hill this morning. Good morning to you. What are you hearing from people in the line this morning . The line is still starting to build this morning. Last night we were here there were thousands standing in the cold