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Today, and then he said he did not think they needed to do 50 basis points. That is one of the key questions wall street has had. How far do they go if they go on july 31 . Suggestions from jay powell suggest the center of the fed has not changed. They will closely monitor the data and act as appropriate, which is exactly what he said at his News Conference a week ago after the fed meeting. He said the economy is in pretty good shape, describes in the same way that he did with strong consumer spending, weak business spending, concerns about trade. Nothing new from powell in his remarks that wo...

Is it setting them up for unhealthy habits down the road. Trying to start right now. [music] welcome everyone to fbn a. M. Im cheryl casone. Good morning im lorne seminary. Lorne seminary. The dow is up at 27. Nasdaq is up to 17 and a quarter. Lets take a look at the yield on the ten year treasury after fed chair fouls comments yesterday. The yield on change at 2. 1 percent. The iranians have ceased an oil tanker it is higher by 34 cents. Where 5796. Stocks in asia reacting to the uncertainty. Yes he could put it more tariffs on chinese imports. The shanghai composite using two tenths of 1 . T...

This after a day of trading that saw s p 500 hit another alltime high, second straight day of record. Meantime investors are cautiously awaiting upcoming earning season with 80 of s p 500 Companies Reportedly cutting earnings forecast. Joining me research chief macro strategist lenor hawkins, what is driving the market to plus side if you watch the bond market, 10year yield falling and closing below 2 yesterday and then you this percentage of s p 500 Companies Cutting their earnings forecast . This is really all about the fed in the hope that easy money will keep prices going up because this h...

Goods this time from the eu. The big political story of the day, congresswoman alexandria ocasiocortez going after the Border Patrol during a visit to a migrant detention facility. Wait until you hear the shocking claims she is making about conditions there and you will also hear how Border Agents are responding. There is a lot going on this morning. Varney company starts right now. David nike pulling a special fourth of july sneaker featuring an early American Flag after Colin Kaepernick got involved in the whole situation. He reportedly told nike that the early American Flag on the shoe is o...

Than their hit song umbrella. The new landmark milestones for both. Tonight. But first the nightline five. At ikea, we believe your perfect student deserves the perfect room for the perfect price. So she can afford to feel at home even when shes miles away. And you can help her feel bright, without breaking your budget. And. Whos there . A boy . You never told your dad and i about any. Oh, on the bed . Absolutely not okay. Studying together is fine. And at ikea, we believe that letting go can be hard, but not pricey. Whats going on now . Wait go back this is how driving should feel. The techad...