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Extraordinary development. The former new york fed president says the Federal Reserve should not quote, bail out an administration that keeps making bad choices on trade policy. Hes gone political. Dont lower rates to help trumps reelection . An antitrump guy urging the fed to work against President Trump . You got to sthak yohake your he that one. Unfortunately, thats what most financial people are saying today. Hes wrong. Now the market. Even with a sharp yield curve inversion, stocks show a small loss. Down 40 points. Remember two weeks ago, when the inversion appeared, the dow dropped 8800...

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round o...

Runup to the brexit deadline. That is important, because of any mps oppose the brexit strategy, they will have little time to block it. David thank you so much for reporting from london. That is emma chandra. Now we go to washington and Wendy Benjaminson. Today is the deadline for the third democratic debate . Wendy today is the deadline for the september 12 and mainly and may be september 13 debate in houston, texas. Today the dnc announced they will not tell us who made the debate stage until tomorrow. This morning paul gives is a pretty good this mornings pool give us a pretty good luck and...

Jobs and deliver new products to customers. They bring opportunities to suppliers and the economy grows. Now that it is challenged within boardrooms, ceos from 181 of the nations largest and most influential companies, jp morgan, amazon, apple, walmart, general orders and Fox Corporation signed a statement saying that responsibilities beyond profit for investors. Their responsibilities also include supporting their communities, protecting the environment, prospering inclusion and training for workers. Is this an attack it on free marketing within . Or is it a case of Business Leaders adapting ...

Oil prices end disproportionate weighting with the dow, components like exxon, chevron mobile dominating the scene. Lets go to Edward Lawrence with the latest from the white house on the trade front. Edward what are we hearing . It is fish. U. S. Trade Representatives Office filed to increase tariffs on last 300 billion of chinese imports from 10 to 15 . It will go into effect in two faces. First phase of 15 happens this sunday. You see items on the screen will be affected. The second batch goes on september 15th. Chinese reinstituted 25 tariffs on u. S. Cars sold in china. Increasing tariffs ...