Wont believe how many people think they have a shot against the tennis star is. It is monday, it is july 15th fbn am starts right now. Good morning everyone im shale cheryl. Good morning im Lauren Simonetti on this sunny bright monday green arrow across the board and nasdaq up 9 points. Theres a lot of talk about negative yield and if theyll hit the u. S. Well not the case right now. The tenure is at 2. 14 . Were watching oil after Tropical Storm barry cut more than 70 of Oil Production down in the gulf as you can see were up just two cents but above 60, 6023. Take a look at asia on that weak gdp number out of china. Shanghai composite up 1. 5 . South korea down 5 . For the japanese market now europe kind of a mixed bag but flat there you have the cac 40 lower the dax is slightly highser. Fasten your seat belts everybody it is one busy week for wall street. Second quarter earning season kicks off today. The spotlight will be on the financial companies. 25 Financial Firms in the s p 500
The nasdaq coming way down, 174 points. Heres why. The yield on the 10year treasury going straight up. A huge move today, 485 is the yield on the 10year treasury, nasdaq stock does not bite back. The price of oil 8692 per barrel and bitcoin coming in around 28,000. We have the latest read on Homebuilder Sentiment. Lauren october number fell for the third consecutive month, down four points to a level xl, the lowest since january. Mortgage rates well above 7 of a 23 year high and inflation still a problem. Weve got the cpi report, shelter inflation, half the increase in consumer prices. Stuart thanks, now this. President biden will arrive in israel tomorrow in a show of solidarity and a lastditch attempt to avoid a fullscale invasion of gaza. He will meet with jordan asking abdulla, Palestinian Authority president mahmoud abbas. They will discuss aid to the palestinians trying to flee gaza. Was two with two Aircraft Carrier battle groups in the region plus the secretary of state and def
Today. Workers continue removing wreckage from a weekend plane crash. Team 12s jen wahl has our top stories this morning from checking your headlines now. This morning. Extra security morning. Extra security is being called in to a tempe school. After a threat was made over the weekend. Its directed at Corona Del Sol high school. Police say the threat is not credible but they will have an increased presence at the school today as a precaution. Today were learning the man accused of driving his car into three Police Officers is in the hospital. The incident happened last week and just this sunday. Maricopa county sheriffs yet to return to jail. No word on what he is being treated for. Payne is due back in court this week. A man reported missing from the green valley area has been found dead in southern arizona. Bishop buckle was missing since saturday and pima county deputies found his body last night. Reports are out this morning that phoenixs Housing Market is nearly back on top as th
His proposal for reforming the federal budget process. The Veterans Affairs undersecretary for health testified at a house hearing today about his departments efforts to improve veterans access to health care and reduce wait times. Congressman jeff miller chairs the committee. Thiss just over two hours. Hearing will come to order. Would you like to welcome everyone to todays hearing entitled, a continued assessment of delays in veterans access to health care. This hearing marks two years since this committee exposed the wait time scandal that has gripped the Department Since 2014. Im proud of the work that we have done in those two years, particularly digging into the actions of bureaucrats who whose selfinterest were put ahead with the veterans they were charged with assisting. The purpose of this hearing is to examine the efforts that va has taken to improve access to care for veterans and to identify where serious issues still exist. Based on the bipartisan work of this committee, g
Access to care. With that i yield to the Ranking Member, ms. Brown for any opening remark she may have. Thank you, mr. Chairman. For calling this hearing today. Following the wait time scandal of phoenix, Congress Passed and president obama signed the veterans access choice and accountability act of 2014. In it, we mandated there be an independent assessment of veterans healthcare. The assessment highlight many of the things we hear from our veterans. We hear that va provides excellent healthcare, especially healthcare related to the special needs of our veterans. We also hear that in certain areas, the va is at the forefront of healthcare in this country. We also hear from our veterans that va care is often fragmented and that it can be difficult to navigate and arrange nonva care. We hear of long wait times and limited access. Following the assessment in the Service Transportation and veterans healthcare act of 2015 we mandated a report by the va regarding a plan for how va could con