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Those stories and more tonight for nightly Business Report, on wednesday, august 17th. Good evening, everyone, and welcome. A house divided. That is the unmistakable conclusion to be drawn from todays release of the minutes of the latest meeting of Federal Reserve policy makers last month. Several members of the Interest Rate setting open Market Committee felt an urgent need to raise rates soon. Others said, not so fast. Lets wait for more data, especially on inflation, which remains below the feds target. But investors, of course, dont have the luxury of waiting. Hampton pearson reports tonig...

For nightly Business Report, on wednesday, august 17th. Good evening, everyone, and welcome. A house divided. That is the unmistakable conclusion to be drawn from todays release of the minutes of the latest meeting of Federal Reserve policy makers last month. Several members of the Interest Rate setting open Market Committee felt an urgent need to raise rates soon. Others said, not so fast. Lets wait for more data, especially on inflation, which remains below the feds target. But investors, of course, dont have the luxury of waiting. Hampton pearson reports tonight from washington on the fed a...

Respond to this. According to the latest fox poll, they are neck and neck on the economy which has not been a focus of this election yet. Hillarys scandals focus around here. The latest email asking hillarys top aide, huma abedin for diplomatic passports while they worked at the state department. Hillary clinton stays quiet on the scandal and her policy, she only attacks trump and trump has given her a lot to talk about. And the major policy speeches, the meeting with mexicos president. Trump is framing the debate. Hillary is playing catchup. All of it on Varney Company which starts right now....

Whenever the price of crude falls to the low 40s as it did last week, the Big Petroleum producing Companies Like saudi arabia, venezuela, iran, russia, routinely try to manipulate it back upward, and they always succeed by claiming there might be a freeze or a cutback in production. Oil then spikes to the mid40s on those rumors, taking the stock market up with it. Then we learn that these petro states probably cant come to any kind of agreement like we did today exactly when the saudis said expect nothing to come of next weeks wednesdays opec meeting. And oil gives up the ghost, dragging the s...

For a market holiday. The hang seng up by a third of a percentage point. The shanghai up bay hay a half percent. The kospi up. In europe, in early trading. Green arrows there. Much bigger adavans than here. This is playing catch up and then some. The dax up 1. 9 . The cac up by 1. 8 . The ftse up 1 . Crude oil having its best day in two weeks yesterday. It was up nearly 3 at 45. 34. This morning up 1 to 45. 79. Big question around whether opec can pull anything off with this meeting they have next week or whether this is nor jawboning. Well continue to watch this. Lets get you through some big...