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June 20, 2024
Stuart the script says the market is losing a little steam. It is losing some steam, all right. Down 100 points as we get this day going. The s p down seven points as we speak. Maybe there is a connection to eric cantors loss last night. We will be discussing that one. As for the price of gold, 1262 this morning. This calendar year is up 5 . That is the 10 year treasury yield. A little change. Not to google. They bought a satellite Imaging Company for half a billion dollars. No impact on the sto...
June 20, 2024
Internals that are breaking down . Well have that coming up. James paulsen is not surprised by todays red arrows but hes also not worried. Hes here to talk about how hes playing the volatility. Is this a buying opportunity for him . It could be for you as well so stay tuned for that exclusive interview. Also, the fight over tesla continues. On friday on this program we had the arizona lawmaker who is now fighting to overturn that states ban of direct sales to consumers. Today the president of th...
June 20, 2024
One nevada man signed up for health care on his states exchange. He paid his premium. But when he suffered a heart attack and underwent triple bypass surgery he was stuck with the bill. I will let larry here to tell his story just how much that bill was. Joining him, obek royce of the manhattan institute. Welcome to you both. Larry, this story is amazing. What kind of a bill did you get . Well i received several bills. The bill that everybody sees on television and the newspaper is 407,000 bill....
June 20, 2024
Here he is in the rose garden today offering little in the way of answers and changing his tune on including congress and the process. We will be monitoring the situation very carefully. Our top priority will remain being vigilant. We will consult closely with congress, and we will continue to keep the American People fully informed as we make decisions. Lou you will like to remember the president dennis declared 32 times on the campaign trail on mentioning his administrations success. We succee...
June 20, 2024
Fox news that masked men wearing Russian Federation uniforms stormed a base on the outskirts and began shooting and arresting ukrainian troops. Theyre giving ukraine troops based in crimea full authorization to fire back. All of this taking place after putin told kiev, quote dont believe those who try to frighten you with russia and who scream that other regions will follow after crimea, we dont want a partition of ukraine, end quote. The Prime Minister saying the conflict has been moved from qu...
June 20, 2024
3. 2 . Our road map begins with a 7,000 fine, every single day, thats what gm is paying because the Company Still has not provided enough answers about its ignition switch recall. Its not the only bad headline for gm this morning. More on that. Earnings season is officially under way after alcoa reported its results after the bell. What can the aluminum maker tell us about the rest of the quarter . We will have some answers. Instead of running from facebook, companies are willing to pay a lot mo...
June 20, 2024
Dow sinking 140 points, s p falling. 08 , nasdaq divi diving. 07 . Many want to point the finger at the collapse of onetime market darling amazon which declined more than 9 after a widely reviled Quarterly Report last night. Which then led to a route in tech, real pin action today that spilled over to the rest of the market. But you know what, i think thats too simplistic as there were multiple reasons of decline, everything from a healthy round of profit taking to a desire to get ahead of the s...
June 20, 2024
Administration. Gm failed to report a ignition die tech in millions of cars. The smoking gun is unreported memo from a parts supplier that laid out the problem. Regulators slap gm with a maximum fine of 35 million. Is it enough . Joining me two people that should know. We have former nits at that attorney and we have a lawyer for family of people who died in crashes of gm cars covered by this recall. Alan, start with you. You were in enforcement in nhtsa. Are you surprised by their action . Did ...
June 20, 2024
What to make of the big push to double the of wage . We have our senior fellow Richard Benjamin joining us as well as our fox business all stars. I think i understand. The push is increase the of minimumwage these guys want 15 they know they will not get it but they sure want to settle with the 7 now so they will get what they want to leverage to make bosses think county your lucky stars it is not 15 youll happily give us the 10. That is not the only logic. Say once a fair wage many cannot suppo...
June 20, 2024
There goes the president ial bid is just an opinion. Varney and company is about to begin. Stuart check out the of big board not much of a recovery with the todays selloff we were down 200 derek is 157. The s p 500 is up six coming off the 1950 a couple of days ago. Oil. 107 a barrel 106. 60 that is all about to iraq. Price line is buying open table a and online restaurant reservation company at 2. 6 billion. Of cash looking at open table go up 33 points but price line is down 18. Not a big deal...