You're watching...
FBN’s Robert Gray on the U.S. Post Office reaching its borrowing limit for the first time in the agency’s history.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
I'm Robert Gray with your Fox Business brief -- -- on Wall Street continues as investors -- the latest -- -- -- -- to the likes of Goldman Sachs.
And Johnson & Johnson -- out the best levels was still in triple digits on the positive side.
-- tech heavyweights Intel and IBM are on deck to report their quarterly results after the closing bell.
Analysts are expecting big -- is -- -- slipped 3% from last year the focusing on IBM software and global business services segments.
Meanwhile Intel scale back its own sales forecast for the third quarter last month on weaker demand excess inventory and slowing growth in emerging markets.
And the US post office has hit its borrowing limit of fifteen billion dollars from the treasury did so in September for the first time.
In the agency's history that is according to the Wall Street Journal.
The post office now -- rely on the revenue it takes in from selling stamps shipping and other services to pay -- its huge operating costs.
We -- continue.
