Even through the misty fog on this wednesday morning. Welcome to the 9 everybody. Just taking a look, i mentioned baseball, i was looking ahead to football. Football season is about three weeks away. I know. I think it is like august 8, that weekend, when the first preseason game is for the 49ers. I feel like it is still summer. Havent you been craving it . Mike loves the fall. The season changes, you start to get football up and going. Oktoberfest. Cool your jets. I like july, too. Yesterday and the day before was amazon prime day. That is not over. Apparently shoppers are jumping ship. The internet searches for canceling amazon prime were 18 times higher on monday than normal. That suggests subscribers are signing up for prime just to get the twoday deals and then they were logoff or just cancel. In the meantime, amazon said it sold 70 175 million items during this years event, more than it sales for the past black friday and cyber monday can bind. A lot of people out there are buyin
Earlier in the week. The president on thursday expressed regrets about that chant saying he disagreed with it. Is his feud with the four Democratic Congresswomen setting the tone for his 2020 Reelection Campaign . Lets ask wall street journal communist who served as Senior Advisor to president george w. Bush, karl rove. Carl, welcome. You wrote this week for us that you thought that alexandria cortez and i assume some of the other women in her squad are hurting democrats and helping the republicans. How so . They are so big a presence in social media and in the media generally that their leftwing views are getting an outsized attention and so when alexandria ocasiocortez puts out a draft for the Green New Deal that talks about how flatulence and unspecified measures to restrict people from getting on planes to take their vacations in a transfer mission of our entire society it gets attention. Similarly, their views on things like israel and the war on terror the first week in july aoc
Discussion on slave refugee camps during the war. Watch American History tv tonight at 8 00 p. M. Eastern on cspan 3. This past june, facebook announced plans for its own crypto currency called libra. The cocreator of Libra David Marcus answered lawmakers concerned over the Digital Currency before the Senate Banking committee. This is about 2 1 2 hours. This hearing will come to order. Today we will receive testimony from david marcus, head of libra at facebook. On may 9, senator brown and i sent a letter to facebook shortly after it was reported that the company was recruiting Financial Institutions and online merchants to help launch a cryptocurrency based Payment System using its social network. Our letter asked facebook for more information about how the system would work. Its access to and use of Consumer Financial information, and facebooks access to and use of information on individuals or groups of individuals in credit, insure, employment or housing. I appreciate facebooks res
Banks mixed. Carmax, the worst performer. 2. 13 , crude up to oil below 65 a barrel. Trucking index, s p, best performer today, more than 8 up. That is relieving investors. European markets now. A better day in europe. The dax up a quarter of 1 , cac upup 6 10 of 1 , ftse 100 for tenths of 1 4 10 of 1 . Questions about barbary moving over. First quarter doing well in china. That stock is up 13 . Thank earnings season, j. P. Banks, wells fargo, reported earnings this morning. Lets bring in our Investment Banking reporter. It seems pressure on margins not affecting banks much. Reporter it is affecting them in that wells fargo revised projections downward and the lowest net income in three years. Theres will come down contingent on how many rate hikes there are. Jamie dimon is saying it is like wind blowing. Investors are following the news well. Vonnie what are we seeing in terms of indications for u. S. Consumer . Reporter so far so good. Jp morgans long growth swelling, close to 7 last
We begin this morning with our weather, get ready for dangerous heat to move into the area this week and into the weekend. Its already hot. And adding to the problem, the midity is getting worse, that will make the afternoon feel hotter than it is. Lauren joins us now with a look at that, and a chance of storms . We have a chance of storms later this afternoon,d say around 3 00 well see showers and thunderstorms develop, some of those will be a little on the stronger side. Keep it here, well keep you updated on that, current temperatures out there right now, in the 80s, it is warm. You factor in that humidity. Our air temperature headed into the 80s and 90s. It will feel closer to 100 degrees out there. 40 chances of storms later on. From 3 00, 4 00, uil 9 00 or 10 00. Not everyone is going to see hem, we will have a few out there. Well talk about that. We have remnants of barry to make it through here. We have this heat wait until you see the numbers we have for friday and satuay. Wel