This after moodys cut Credit Ratings on 10 small and midsize banks yesterday, sparking fears over a potential slowdown in the banking sector. The Congressional Budget Office estimating the deficit will top 1. 6 trillion in the first 10 months of the fiscal year. Were watching Second Quarter earnings as well. Disney is going to be reporting after the bell today. The stock is up going into the numbers. Almost 1 . European markets also in the green this morning, take a look at you eurozone, the dax is hir by 182. Asia overnight a mixed story, chinas Consumer Price index down in july for the first time in two years, shanghai composite down one half of 1 , kospi index up 1 and a quarter percent. The 2024 race taking shape, another gop hopeful taking the debate stage. President trump remains in the lead as a majority of americans think is charges are a distraction from the growing evidence of biden family corruption. Calls for an impeachment inquiry into joe biden getting louder on capitol h
Zuckerberg and elon musk. Bret we begin with a weather alert. Tonight, Severe Weather over much of the eastern part of the country. More than 130 million americans are at risk of seeing the Severe Weather outbreak either late this afternoon, into this evening. Here in washington, d. C. , Federal Government offices closed early today, sending employees home ahead of these anticipated storms. Plane travel up and down the east coast, largely grounded at this hour. No sense of when that stops. This is the most serious threat of the storm that the nations capitol has faced in years. Fox weather correspondent katie berne is in d. C. Tonight on the streets. Good evening, katie. Good evening, bret. Yeah, rain is moving into d. C. Now and we could feel hurricanestrength winds gusting as fast as 75 miles per hour. In fact, in a suburb of d. C. , centerville, virginia people already have reports of 80 mileperhour wind gusts there just in the last hour or. So the storm system is impacting heavily
Truth social post, he told prosecutors if you go after me i will go after you. Prosecutors say that the threat and they want protection, trump wants a change of venue for his criminal trial over the 2020 election, he says he cannot get justice with tanya tucker. The president has returned from his Beach Vacation he had more time off than any modern president , the pressure to remove him is growing. Dean phillips appearing on cbs says keeping them on the ticket would be disastrous. He is a democrat. To the markets, a rally this morning, a modest turnaround after last weeks selling, the dow was up 100, s p 19 and nasdaq above 84 points. Modest gains not much action in bitcoin that is quoted around 29000. Interest rates have been going up recently, we just drop something on the floor. The price of the yield on the ten year treasury is down three basis points 4. 07 . As for the twoyear, the tenure yield is up a little bit, the twoyear is up a little to. Youre getting close to 480 on the tw
Bidens took in at least 20 million from countries such as russia and kazhakstan. The day after a businessman sent hunter 142,000, hunter bought a porsche for the same price. The records tracked a Russian Oligarch of a payment to a devon archer and hunter biden Shell Company, President Biden had dinner with the Russian Oligarch in 2014 and 2015. We should connect the dots that when russia invaded ukraine and joe biden decided to put sanctions on oligarchs in russia because of that he did not include alaina batarina, an also oligarch, the widow of the mayor of moscow. She got spared from the sanctions. Absolutely. There is a grand irony where if szelenskyy listened to donald trump when he asked or suggested that zelenskyy investigate hunter biden, there is a real chance that russia never actually invades ukraine because joe biden doesnt win election and if trump had a second term no way russia goes through with it. Right . Biden has always been shady on the ukraine issue, going back to t
Tensions between the two countries. Iran has responded by equipping its navy with drones and missiles. Well speak with the Quincy Institutes trita parsi who asks, with marines on persian gulf vessels, is biden risking war with iran . Then, an update on how the u. S. Is responding to Asylum Seekers, starting at the border in texas where state troopers are reportedly separating migrant families, to new york city where there are growing calls for long term shelter for Asylum Seekers as the city says it has run out of room. Another slap in the face historical new yorkers who have been here and our most recent arrivals who are just seeking a little bit of help in this moment. And we need to stop doubling and tripling down on emergency systems like the shelters and get people out of emergency shelters and into permanent housing. Amy then, the iraqi men suing u. S. Military contractor caci for torture they endured at abu ghraib may finally get their day in court. Well speak with their lawyer