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Whether it could lead to the next blockbuster drug for amgen coming up. First, though, lets get to the latest fed speak and retail earnings with steve leaseman. Courtney reagan is monitoring that walmart earnings blowout. Steve, kick things off for us here. President bill dudley in a press conference earlier today following up on those sprys minutes yesterday suggesting a rate hike is possible and even likely in june or july if the economy cooperates as expected. Now, day after the minutes dudley said pretty much the same thing. He suggested that his base case is for a kind of for improvement ...

Hoover. When billionaires buy gold and banks horde cash, should you run for the exits . I think we know where im come down on this. [ laughter ] yes, the answer is yes. No, no. But i think there is a really good point. One soros buying gold, hes been doing that but Commerce Bank hoarding cash to me is probably the biggest thing. It shows why its not going to work because they are doing the exact opposite thing they are supposed to be doing and spending that money. They are hoarding cash and when less cash is out there to buy things, there is less dollars or euros chasing after things then thos...

Few moments. The dnc kicks off amid country controversy over leaked emails. The ceo will join us in the next hour first up verizon announcing the deal to acquire yahoo s core business for 4. 8 billion in cash. Verizon plans to combine the internet asset with aol. The Real Estate Holdings in that action. Marissa mayer will join us in a few moments once that Conference Call ends. Wow. This day has been a long time coming, jim. Yeah. And i think that the i remember speaking to Lowell Mcadam many months ago when he said this could happen and a clear vision if you gave it to Tim Armstrong they coul...

Create hes taking a lot of heat. This is an unquestioned big victory. This was a 2. 6 billion score. Take a look at this name. They first got into it in september of 2011. They built the stake over a course of a month or so with prices ranging at about 63 with the average price 55. After putting new direct orreor the board and being involved with that, they began selling stock 6 million shares in late 2013 at about 142 a share so theyre up about 90. Two more sales in the years that followed at a higher price range and then the 9. 8 million share yesterday. They made most of their profits, roug...

That is insane. Back to the selloff. Stocks tumbling into the close. All but two of the dow 30 into the read. Worst performers, home depot, microsoft, cocacola. Not the same story for energy. We have you covered on both fronts. With phil flynn price futures group. We will tell you close off worst levels of session, but were still down 182 points on the dow. Dow and s p are down four out of last five trading sessions. Nasdaq composite index for its part was down as well. Looks like a fiveweek, biggest drop in five weeks for the nasdaq. I believe for s p as well. There are the stats. Volume was ...