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Everybody is certain things off the line this -- -- on the markets European markets are heading lower this morning we've seen a sentiment really worldwide -- US stock futures also down.
Across the board early as it is and though late session sucked through as early and then gave back gains -- enthusiasm over China's currency move -- yesterday so keep an -- A look at move the markets today and meantime some news tell -- about Peter Orszag is stepping down.
From the Obama administration -- the senior administration official told Fox News.
As director of the Office of Management and Budget Peter is -- involved in the administration's decisions about how to spend.
Our money our taxpayer money he would be the first high profile member of the Obama team to leave in the exact time.
At his departure at the time and date is unknown at this time I take a look at some of our other top stories today we're getting some headlines from the UK.
And the emergency budget that's being unveiled to the treasury chief George -- speaking in -- these pictures are coming to us live.
From our sister network over -- sky news.
Osborne says the bulk of the deficit reduction will come from spending cuts he sees unemployment to peak at eight point 1% this year.
So far nothing on an expected new bank tax -- could potentially cost US -- billions of dollars.
The new treasury chief says that these actions that country will be quote on the road to ruin.
Previous Prime Minister Gordon Brown -- stimulus to help the economy recover and again these measures hoping TD trees debt in Oregon.
President Obama today -- announced new health insurance benefits -- expected to involve the so called patients bill of rights.
It will prevent insurance companies from putting a lifetime cap on coverage and from dropping people who get sick.
This announcement will come after meeting today it was CEO's of major insurance companies Austin today this is beginning its two day meeting with high unemployment -- weak housing market -- Europe's debt crisis -- just talking about.
Policy makers are expect his -- interest rates alone.
There are positive so for chairman Ben Bernanke and fed governors to consider -- among them.
These include strengthening manufacturing costs and overall economy it seems to be slowly growing although there have been some doubts recently.
The Fed is expected to keep the bank lending rate at its record low.
Where it has been since December of 2008.
That they decision comes tomorrow at 215 right around that time headed today's meeting Ross again -- get.
Latest reading on existing home sales that are gonna be released at 10 o'clock eastern time.
-- -- judge's decision on a ban on offshore drilling could come as soon as today or maybe maybe tomorrow at the latest.
Oil service companies filing suit against the government for its proposed six month moratorium.
And deep water drilling.
The oil companies call the -- quote arbitrary and say it's costing thousands of jobs.
The administration says -- temporary hold it is needed to prevent another disaster like the one with BP oil spill.
-- quickly -- -- right now I get -- Imus in the morning seventy next here.
On fox this -- network.
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