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Statutory debt limit as soon as possible. A Bipartisan Policy Center in washington released its statement, based on bbcs projections, the debt limit would need to be raised suspended by the end of september to ensure the federal government does not fall on obligations. Joining us now is steve bell and a former staffer from the Budget Committee as well. Great to see you again. Walk us through this x date. It is a window through september and october. Steve every day our team goes through on a daytoday basis and says pardon me what has to be paid today by the treasury . And we make an estimate. ...

We will get the latest on the drama. Lets look at where european equities are trading now. Under 30 minutes to the close. Quite a bit more green populating the equity part of the screen then one hour ago with portugal up 1. 9 . Gains in switzerland, luxembourg, norway. The stoxx 600 perhaps heading for a third day of gains. The bloomberg dollar index erased an earlier gains but downside on eurodollar, down 3 10 of 1 . Sterling rebounding, up 5 10 of 1 . Looking at what is happening with bond yields, downward pressure on the front end of guild. The twoyear yield down almost four basis points. T...

Peretz. More data coming out. Lets go to julie hyman. Read onhe final Consumer Confidence from the university of michigans index. 90. 3. L from this is the final rating. The more important Economic Data point was gdp for last quarter expanding at 1. 2 , less than projected. That affecting markets are early in the day. It seems like investors are focusing on individual companies. Nd earning reports the nasdaq touching its highest rating level on an intraday basis that we have seen before falling back. The losers putting pressure on stocks, exxon mobil coming out with earnings missing estimates....

We need to get a snapshot of todays action with julie hyman. Julie we havent had big pullbacks recently. There has not been that Much Movement either way in u. S. Averages. The fact that we are seeing a pullback that is good getting there are these concerns about growth. The strategist over at Goldman Sachs says today that the recovery we have seen in the United States in the stock market is likely to falter before gets a second wind. There arere was two big issues. A slowdown in the buyback activity. He thinks the other reason is going to be the drop in profits for the s p 500. Take a look at...

A CORONER is to take over the police file into the death in the UK of Irish drug dealer and former Criminal Assets Bureau target Michael McDonagh.