Stay updated with breaking news from King jeffrey. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Earnings per share. Wells fa fargo. The banks trading revenue fell 22 on a yearoveryear basis. The dow, nasdaq and s p hitting record highs. Walmart helping to push the s p into positive territory. The white house says it will end billions of dollars to insurers unless congress can reach a bipartisan deal on healthcare. Billions of dollars goes to offset costs to insurers. The wildfires raging in Northern California are the deadliest in the states history. At least 31 people are dead and 3,500 homes have been destroyed. They broke out mostly in the wine country and have covered 300 miles. Maria, back to you. Maria the Federal Reserve remains divide over just how quickly to raise Interest Rates. Janet yellens group remaining perplexed by persistent low inflation. But they say there is a rate hike come this december. ....
What history has taught everybody is that protectionism did not help any country in the long run, so im optimistic that well see a continue ways of free trade, because politicians and countries understand this is a better recipe for success. A stateled slump. Shares in edf sink to the bottom of the stoxx 600, after the french government announces a 92 million euro share sale in the energy giant. Britains upper house of parliament confounds the brexit bill, giving lawmakers the right to actually hand back some of the rules and change the final terms of the brexit deal, this as chancellor Philip Hammond delivers an upbeat Economic Assessment of the uk. Good morning, everybody. Welcome to the show. Were halfway through the week. A lot going on. Its budget day. Exactly. Doesnt mean much to the rest of europe, but here its a big deal. Its a huge deal. Also because weve been d ....
Congressman mike bishop was up all night. He was marking up the bill. The president has summoned his cia chief to the white house. Follows the massive site search. The wikileaks founder. They will be there to explain. And whether americas tech giant will reach out on his offer to fix the leaky software. On wall street eight years ago the financial crisis cloud parted. On this anniversary will be see the slip and slide in oil. Where yes than less than an hour for the closing bell. Lets start the countdown. c liz weve a couple of breaking news pieces here. What we are doing as we are watching the gigantic text company and the cyber breach of spine secrets. Those are some of the names must start the countdown. Anything that comes out of this meeting because of course it was a cia who somehow left this breach happened we will let you know. They are down. We do have google moving slightly higher. To the story that riveted market ruptures. They are i had need i and the panic button. For the ....
Until he got on the board that he tried to leave the company in a position to recover starting with securing that Financing Deal last week. He told me he thinks they have excellent management and now an excellent board and that the investment was simply taking too much time that if shares could double t wouldnt move the needle enough to remain in the stock. Our josh brown was up tweeting about what he called the valeant depockal. What do you make of this story as we watch it unfold . Anyone who runs money will tell you the market gods do not like it when other traders take joy in the pain or the misery of someone who has just blown up or had a bad trade. I feel people who are in it and im sure they will be fine and it is a really, really bad loss. It is a debacle of a stock. It has been for some time, but, obviously, thats accelerated. Some will say as we look at this and ackman told me yesterday he didnt understand the issues at ....
Still feel, scott, that we should not mistake people taking off protection trades and unwinding hedges for this massive new shift in sentiment. The most important takeaway that i want everyone to is have is that the markets are not any more excited about President Trump than they would have been about president clinton. What the markets hate more than anything is uncertainty, and then when they get certainty, no matter what that certainty is, typically the reaction is to buy. The reason why is because people sit on their hands, they worry, they think about worst case scenarios. The fact that we got a president , we had an election with a clear cut outcome is the reason why you saw this exhalation and everyone went back and bought the things theyve been waiting to buy. It has nothing to do with one persons policies, another persons power, et cetera. However, even if you thought, steve, that you would get stimulus of some sort from ....