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Companies. Next, testimony from treasury secretary Steve Mnuchin on the u. S. Economy and Financial Stability. He also talks about digital currency, World Bank Lending and the potential impact of climate change. The tcommittee will come to order. Without objection the chair is authorized to declare recess of the commit at any time. This hearing is entitled promoting stability, reviewing the administrations deregulatory approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 00 p. M. Per the request of the secretary. I now recognize myself for four minute...

Seventh straight session. Dropping triple digits today. For the year the dow is actually down the better part of 3 . S p 500 is still positive for 2015. But its broken a technical level, slipping below the 200day moving average. Twice in the summer it has bounced on that. Will it do that from here . The dollar hit highs not seen since april, but if im looking at the screen to the right of me correctly, it is raised those gains and now in negative territory for the session overall. Despite that, Oil Continues to be under pressure. Prices down about 5 1 2 percent for the week. Oil light sweet cr...

More than forecast single signaling a healthy economy. Gaining a half a percent or the nasdaq meeting those gains up 7 . The fed minutes did not do much to change this. However in the morning session, we had the report we mentioned, that report was out around 10 00 a. M. Showeda right there that the nonmanufacturing composite. The highest reading since november. Back in may but also going further and gaining 256 point. We saw it had not only in stocks but also in hans and other asked that classes. Also it seems the fed not really changing trajectory. Thank you. We appreciate it. Risk back a li...

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...

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...