Roth John News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Partsinevelos, carol roth and john burnett. So nba commissioner adam silver insisting that Houston Rockets general manager has the right to show support for anti protesters in hong kong even after chinas state broadcaster canceled plans susan li is standing by in the news room with the very latest details. Susan . Reporter so adam silver there you heard him and hes also backpedaling a bit today, saying that they dont regulate what owners, players and employees of the nba say. I guess they are doing this internal calculus right now that the nba need china or does china need the nba. You know, t...

Mentioned, well put that number on the screen right now, 572 million that j j is ordered to pay out to the state of oklahoma as a result of this lawsuit. Basically the state argued that oklahoma or rather the drugmaker , j j, was a public nuisance by aggress every market ing opioids down playing the risk of them and then essentially flooding the market with the painkillers, and part of the cause for some 6,000 people who died since 2000 in oklahoma as a result of the Opioid Epidemic. So weve been hearing from both sides after this verdict was reached today, and we want to get to a quote from t...

As appropriate to sustain the expansion of the fed sees longer run federal funds rate dropping from 2. 8 to 2. 5 . On inflation the fed closely monitoring inflation at it point. The forecast is for headline inflation to fall 1. 5 this year. The fed sees core inflation slipping to 1. 8 . Then in 2021 the fed sees a reversal, inflation rising back to 2 . On gdp the fed forecast as 2. 1 in 2019. The fed lowered outlook for unemployment this year to 3. 6 . The fed sees the labor market as strong right now but they say the rising economy at a moderate rate. Now the data shows that Consumer Spending...

Pick up as well. Negative rates, plus the global bond rally and the outlook for Central Banks across the world with blackrocks cio rick rieder. That is coming up later in the program. Jon, overall you are looking at equities still near the oneyear high. Positive for the year for the First Time Since january. You see it on the move today, up about. 4 . The ftse up as well, about a quarter of a percentage point. Futures in the United States possible futures in the United States positive as well, getting back to a record high. Eurosterling, that broke out to an august 2013 high at one point in to...

Today after forecasting a 6 to 12 drop in earnings in fiscal 2017. The question is how much of a warning sign is it for other retailers and what is it telling us about the economy . Thats not the only story today. Its not just about equities. Take a look at the tenyear yield. The beige book came out an hour ago and the markets really didnt like it in terms of the growth stories, so were back below 2 on the tenyear. The dollar index is now at a sevenweek low. The euro has moved to a sevenweek high against the dollar itself. Gold is now back above its 200day moving average for the First Time Sin...