Thank you very much for joining us. 100,000 migrants arrived in europe last month and nearly 21,000 sought refuge in greece last week alone. Staggering figures in a crisis that could post a threat to european unity. The german chancellor met the french president to work on an eu response to the problem will stop problem. Reporter thousands of refugees have arrived in southern serbia. They are lacking basic necessities. We are really suffering. If i stay here two days, my baby will die. Look. Reporter they all want to head further north to the European Union. At the meeting in berlin, the german chancellor and the french president called for a more even distribution of refugees and appeal to all countries to shoulder the responsibility. Chancellor merkel germany and france expect all eu Member States to participate fully in processing the refugees asking for asylum. They need to be registered and have accessible places to stay and health care. President hollande i know how important wel
Consumer spending. Gets you over 3 . Probably not. I would take the under on that. Very interesting comments from the former fed chair. He was great and listen, he deserves a tremendous amount of credit for what he did for this economy. The recovery was called the obama recovery i believe he had the large hand, but hes 100 right. Getting to 3 is going to be difficult because the driver of gdp in this country now is software. Is services. It is the Technology Component and that is incredibly difficult to measure. We are a different economy, we are a time and convenience economy and to get the 3 , its not going to be the old bulk economy thats easy to measure. The treasury secretary says its going to take two years to get to 3 . Economic growth. This is the market debate. Over the next few years. Either youre going to get levels of Economic Growth to sustain stocks at high levels, profits and otherwise or youre not. Let me cast a scenario in which you get that 3 growth and a lot faster t
Blasting the democrats for taking a victory lap and he says the shutdown in september is still a possibility. And Richard Branson says bringing back coal is the worst idea hes ever heard. Well ask about that. Varney company is about to begin. Stop oh, bleep . Guy is crazy. Thats right, thats not world heavy weight boxing, its better. Two passengers aboard a los angelesbound nippon flight, the fighting it wasnt aggravated enough. American reporting decreasing leg room one to two inches in economy class. Apple shares in the premarket. Right now, the key was iphone income is expected and the company sitting on 256 billion in cash and you can buy ten border walls for that much money or buy everyone in america a new iphone and kill two birds with one stone. Lets bring in shah gilani. Its close to your net worth, im not sure you need the money, but the stock hasnt come down . Its got so much money to execute buybacks and thats one of the reasons, they bought back between dividends and buy p
Well explain it. And the fcc tells fox business hes not over looking Stephen Colberts rant against President Trump. Varney company is about to begin. Hey, hey, goodbye well, those were democrats taunting, i think you can hear it, right . Remember that song, na, na, hey, hey, hey, goodbye. They were taunting republicans with that after the obamacare replacement bill passed implying theyll lose their seats next yearment, but the republica republicans here is senator rand paul, roll tape. This will be the first time that republicans have affirmatively put their stamp of approval on a program where federal money, taxpayer money is paid to insurance companies, im frankly not excited about subsidizing the profits of insurance companies. It sounds like youd be a no vote. It would take work to get me to a yes vote. Charles right now i want to go to the jobs report and bring in market watcher John Layfield. The last three of four beats have been solid numbers. Whats your assessment. I agree wit
This briefing is part of a series on the future of Health Insurance and we will actually be doing three summits on the future of health care this year starting with the future of Health Insurance, chronic care, and the excited that youre here and its certainly i think fair to say that when it comes to Health Insurance the future starts here and now in the senate. We have a lot to talk about today but before we do i want to thank our sponsors for todays session, our annual Summit Series sponsors are an thumb, ascension and health is primary and i would like to thank them, also the Blue Cross Blue Shield association, cvs health and other sponsors for their generous support. I would like to point out one of our Board Members who is here with us today, one of our new Board Members is me go murray from the association of Community Plans so inks that for being here. We will hear a couple brief words. First i would like to introduce sean martin, Senior Vice President for advocacy, and policy