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Inflation is heading back to its target level. Today, thats exactly what it got. The Consumer Price index, the prices americans pay for goods and services, rose 4 last month, the fastest rate in three years. It could be a sign the economy is regaining some steam and it could give the Federal Reserve just what it needs to raise Interest Rates again at potential leanne earlier date than wall street expects and thats exactly what the markets did not like. The Dow Jones Industrial average dropped to 17,529. The nasdaq fell 59. And the s p 500 was off 19. Mary thompson has more on todays stock slid...

Prices are rising and that inflation is heading back to its target level. Today, thats exactly what it got. The Consumer Price index, the prices americans pay for goods and services, rose 4 last month, the fastest rate in three years. It could be a sign the economy is regaining some steam and it could give the Federal Reserve just what it needs to raise Interest Rates again at potential leanne earlier date than wall street expects and thats exactly what the markets did not like. The Dow Jones Industrial average dropped to 17,529. The nasdaq fell 59. And the s p 500 was off 19. Mary thompson ha...

Change. I think the time is right to reexamine this. I think it can enhance competition in the market. Make the market open to more players. I think you can reduce financial risk for a lot of financial institutions. Now we have cfp be rules in place and the market is maturing i think its time to reengage in this discussion. Let me say one other thing that is not actually about compensation but i think is connected. Another thing that needs to be picked up is to pick up a continued to work on standardizing Mortgage Servicing data. Some of you may recall back in 2010 we started uniform Mortgage ...

Ended where they began yesterday. It was i guess a quiet august day. Today is september, though. How did the european markets fair on the first day of september. Whatever happened to italy and spain . Come on, guys. But theres germany, france, and, of course, be the uk is the three, the one that was in the red. Theres wti crude, continuing to fall now below 45, well below this morning and that 10year note yield creeping above 1. 6 at 1. 613. Our road map this morning does start with the first trading day of september. If you woke up and didnt look at the calendar thats what the day is. Its a v...

To the president ial election. The pound is falling through a three decade low against the dollar, mounting investor concerns that the uk is headed for a socalled hard brexit. This follows theresa mays weekend announcement that britain would trigger its exit from the European Union in the First Quarter of 2017. David our top story is the slide in the pound and the path toward a hard brexit. Joining us from london, guy , and inand jon ferro france we have caroline hyde. What is going on with the pound . Bring us up to speed on the markets. Is this all because of theresa may . Uy basically, we a...