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June 21, 2024
Those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by at bae systems, our pride and dedication show in everything we do; from Electronics Systems to intelligence analysis and cyber operations; from combat vehicles and weapons to the maintenance and modernization of ships, aircraft, and critical infrastructure. Knowing our work makes a difference inspires us everyday. Thats bae systems. Thats inspired work. Ive been arou...
June 21, 2024
Tonights pbs newshour. Major funding for the pbs newshour has been provided by at bae systems, our pride and dedication show in everything we do; from Electronics Systems to intelligence analysis and cyber operations; from combat vehicles and weapons to the maintenance and modernization of ships, aircraft, and critical infrastructure. Knowing our work makes a difference inspires us everyday. Thats bae systems. Thats inspired work. Ive been around long enough to recognize the people who are out t...
June 21, 2024
And we begin tonight with a growing support for the fight against i. S. I. L. Three european nations say they will join the battle now including the United Kingdom where its saturday morning and the cover of the Daily Telegraph announces the news, britain goes to war. The British Parliament voted overwhelmingly to join air strikes against i. S. I. L. In iraq. Denmark and belgium as well, each pledging to join air strikes in iraq. Jonah hull has more. The International Coalition bombing targets i...
June 21, 2024
Republicans expanded their majority in the house of representatives. This is 15 minutes. I missed you all. That is what the president said yesterday. He did . I hope you did not believe it. Never do. [laughter] good. Im going to start by congratulating my friend, senator Mitch Mcconnell. As you know, mitch and i have worked very closely together over the last eight years and i dont think i could ask for a better partner or do i think the senate could have a better majority leader than Mitch Mcco...
June 21, 2024
It is a big day in europe. The ecb is in naples, policymakers meeting. This is one of the two meetings every year where they go somewhere else. Mario draghi has a lot to do with today. The abs program is front and center. How we get the Balance Sheet how will he get the Balance Sheet up to thre 3 trillion question mark . It is going to be about what is eligible to buy. The conversation around buying greek assets as well. The decision last month was not unanimous. A particular central bank was sa...
June 21, 2024
Declining. 23 . And the nasdaq dipping. 17 this session . Frankly, theres no one answer that explains why stocks are so resilient here. This is a complex and complicated market. Instead, there were a number of important factors at work. Lets get to it. Lets go over the reasons why the market hasnt been absolutely destroyed despite the crash of the Malaysian Airlines plane over ukraine and the ratcheting up of the antirussia rhetoric by president obama and his people this weekend. Pretty much, th...
June 21, 2024
Congress. Julie hyman. Taking another drop lower. Another drop lower. Another expectation that they will show an uptick and supplies that will show more bad news for oil. The fifth straight day of losses for the s p 500. The longest losing streak in 13 months time. It seems as though good news in terms of the drop of oil has definitely turned to bad as we have seen the ripple effects from the drop in oil. The s p down for. 5 since a last hit a record on september 29. Crude oil still trading belo...
June 21, 2024
Widely respected naysayers. Sell, sell, sell keep a system that stocks are doomed to go lower, perhaps much lower. A pessimistic drumbeat that gets amplified across tv, print and the web. Regardless of where stock are trade or how the economy might actually be doing and its totally out of sync with reality. In fact, sometimes i wonder if many of the professional bears are living in an alternate universe. One where theyve actually been right rather than consistently been wrong and just the 20 mon...
June 21, 2024
To order. Today the finance committee focuses its attention on what in my view is the biggest challenge ahead for medicare and the future of Americas Health care system. That is managing chronic illness. To understand why this is a growing issue, one need only to look at how medicare has changed over the years. When the Medicare Program began, in those early days i was codirector of the cancer, full head of hair and rugged good looks. Medicare was mostly about caring for seniors who needed to go...
June 21, 2024
Markets. Theyre a little under pressure this hour. A bit of a soggy start to the trading week. The dow currently off by 46 points. The nasdaq has gone positive though. Its up just very marginally. The s p is down by two points at 2,053. We also begin with a major meeting at the white house over the crisis in ukraine. Germanys leader Angela Merkel and president obama trying to show a union id front, but the two are at odds over whether to arm ukraine. Chief International Correspondent michelle li...