Eye to eye on a lot of things and some of the guys not happy with the president after he pulled out of the Paris Climate Accord and many other things. Contentious may be an understatement, but were all over it. Your money, it looks like youre going to be making money this morning, all major indices looking higher. This is what youre looking at the dow 30 minutes before it opens, it will open at a new alltime high, and a big stock story that were following for you, of course, that blockbuster deal announcement, amazon buying whole foods and both stocks soared on the news and jeff bezos 5 billion away from being the richest man in the world. A big day for politics, a big day for your money and weve got you covered. Varney company starts right now. All right. Lets get down to the london van attack. Liz the latest now, it could be ten injured and two injured and by the way, one person dead. Two of those injured have been injured quote, seriously. It happened after midnight june 19th. Two m
Expect sluggish growth. He said he wants to take that think about and rates. Oil is currently unchanged. It has been bouncing around all morning long. Yesterday falling to as low as 42. 75 a barrel. It is entering a bear market, the 21 to its peak, and dollar coinciding somewhat with oil. That is holding your a onemonth high, gaining as much as 1 over the past two weeks. Lets get an update on what is making headlines outside the business world. We are checking in with them on first world news. Has won theel special election for the house seat in georgia for the gop. She took 53 of the vote against democrats. Democrats have hoped to capitalize on debt President Trumps low approval rating. In london, the queen said the government will try to maintain its subtle relationship with european allies. She outlined Prime Minister theresa mays legislative agenda in her annual speech department. Queen carried on without her husband, prince philip. He was hospitalized for an election. In saudi ara
The euro stocks. Gold not catching that much of a oilin the commodity rout in david at 8 00 a. M. Eastern time, european leaders begin a twoday summit in brussels. They will discuss security, defense, migration and jobs. At 8 30, we get data for jobless claims in the United States. Powell speaksme on fostering Economic Growth. Later today, the Federal Reserve releases the results of part one of its annual Bank Stress Test coul. Jon Prime Minister may is set to meet eu leaders in brussels for the First Time Since her disastrous election. Expected to outline how britain will treat eu citizens after it leaves the block. Walk us through the orchestrated theater of this particular summit. At this summit, they will be talking about a lot of issues that wont be the main focus. Security obviously is a huge issue for the eu. They are all waiting for theresa may to propose exactly how she plans to deal with eu citizens that live in the you can post march of 2019 the u. K. 2019. Rked of 20 march
The media loves this. The New York Times says Party Fissures have been exposed in an embarrassing setback for republicans, end quote. And here is a dire warning from the conservatives, if g. O. P. Senators blow this, say hello to Single Payer Health care. I repeat, this is not good news. However, yet again, political paralysis has not spilled over to the markets. The modest gain for the dow expected right there at the opening bell today. But the markets are getting nervous. And an another 100 point drop for the dow yesterday, all the big five Technology Stocks took a hit yesterday and there were modest rebound today, but thats not much. A modest rebound. Wait, theres more. Gas down again, see that smile . The white house calls out cnn and sarah palin sues the New York Times. Big day for politics and for your money. Varney company is about to begin. Now, the headline there was the collapse of venezuela and, yes, its really in crisis. Look at this. The countrys president maduro claims th
Housing is very important influence on Economic Performance and on the health of consumers for such a large share of americans. Importantir most asset and housing crisis affect wellbeing, their wealth and availability of credit and access to ability to borrow. So the health of the Housing Market is extremely important and let me say talk about when it comes to the Younger Generation because the Younger Generation that i talked to group through the housing crisis. At one point in time owning a home was the best investment you could make. Do you think that is something that is going to be of concern for our future and for the Younger Generation when it comes to owning a home . There has always been at the debate over whether it is correct that housing is the best investment that one can possibly make and i agree with you that in the aftermath of the crisis views on that are changing. On aot going to opine personal view as to whether or not thats true. But those individuals with very stro