Kind of a mix. Spain and france both slightly in the red the ten year note yield holding firm around the 2. 2 or so percent. You can see at the bottom of our screen weve gotten that news. Equifaxs stock had been halted. Rick smith announcing he will retire as the companys ceo. Want to get more details on when that retirement is coming, whether its immediate or not. Of course, hes been undergrea pressure given the huge breech there for some 143 million or so potential accounts that were compromised. Some might wonder what took so long. Yes. Already two Technology Executives left the company the week before last the stock has been in pretty much free fall today its been characterized as retirements as well its a couple of weeks ago saying he certainly shoulding fir should be fired. He has been dismissed. Take a look at the press release. Im not clear as to whether effective today okay. Thank you. Mark felder, current board member mark felder is now chairman and there is an interim ceo. T
Im sara eisen at post nine, with me mike santoli john fortt is with a special guest. Carl has the morning off we do want to head some headlines that are just breaking from President Trump hes been meeting with members of the house ways and Means Committee. This is a walkup to the big tax reform framework announcement tomorrow here are the headlines President Trump says he and lawmakers will discuss a framework for tax reform before its release tomorrow thats whats going on today President Trump says he must make the tax code simpler and fair says we will cut taxes tremendously for the middle class. The president also saying he will double standard deductions and increase the Child Tax Credit thats something that his daughter and adviser ivanka trump has been pushing for President Trump also said he wants to lower the Corporate Tax rate, bring back trillions of dollars invested overseas. The president says he looks forward with working with the members of congress here today and just on
Controversial. Connell mcshane to spell out what is going on here . Reporter this is big one, for College Sports and a big business story as well. You hear wheeling and dealing under the table all the time in this area but were hearing about formal federal charges this News Conference will spell it out in detail. What were learning ahead of it, there are details we can go into the charges. Bigtime College Programs for one. I show you the names. First of names of College Basketball fans may recognize, chuck pierson, played in the nba, he is is assistant at all burn where he went to school. Emanuel richardson, university of arizona, Oklahoma State and usc. I have want to mention the name. Jim gatto big shot at adidas,ing director of Global Marketing. Adidas confirmed one of their employees was arrested. The feds alleged that some of coaches accepted cash bribes from an agent. We heard about things like that before but they say there was a scheme where the aforementioned jim gatto from ad
Can expect. And polls closing in a few short hours for an Alabama Senate race that could have major implications across the country. Were live in month bombry. Senator montgomery. Senator john hoeven, pat meehan, charlie hurt and gordon chang are among our guest this is hour. David great lineup. The dow is sinking at close. S p is negative too. Nicole petallides on floor of new york stock exchange. It looked in the beginning of the day of trading we might hit three digits to the plus side but janet yellen rained on that parade. Thats right. She basically is on track. They will continue with the rate hikes. Were seeing 76 likelihood of a rate hike in december. They will continue to do it in 2018, 19 and 20. We had back and forth action. Dow at high was up 70 points. Down 16 points. Were selling off again. The categories, sectors, telecom, health care, utilities. Utilities normally a safe play. That is selling off. Fold selling off. Gold. Were not seeing a safe play. Investors moving int
Im much happier today than i was the last time i saw you. Reporter the fatal blow dealt by senator Susan Collins of maine. It was clear to me that the Graham Cassidy bill was not the answer. Reporter her objections to the bill . The deep cuts to medicaid, and the concern millions would lose coverage. Lisa more cow ski of alaska who opposed the last attempt i said in january, we should not repeal without a replacement. Reporter didnt like the process this goround, saying the u. S. Senate cannot get the text of a bill on a sunday night, then proceed to a vote just days later, with only one hearing. John mccain, who took down the last gop attempt with this defiant thumbs down, agreed, he wants a bipartisan process. His best friend in the senate, lindsey graham, who drafted the bill, had this to say. John mccain can do whatever damn well he wants to. He has that right. Reporter but tonight, he says they have to keep up the fight. Well get killed if we dont. Reporter youll get killed if you