equifax said a weaker u.s.e market and the latter half of the quarter as well as weaker hiring market, which is bad for them. we apply for job your potential employer runs a credit check. the company expects both problems to continue for the rest of the year. that is not good. i am not hearing what i want. hearing that the mortgage market is slowing, even as you got an average of a quarter when pultegroup said blowup numbers. a slowdown of hiring. although it is not surprising that has been following the monthly employment reports. if what you're worried about is consumer credit, i don't know. there was not anything in the equifax report to freak you out . let us talk about a visible one. until recently this is been a source of great frustration. i knew for a fact that america's -- at the stock cannot see the beginning, trash it. or the past two months wall street finally realized what i had for a imminent recession. and that cause the stock to go on fire. winning the high 140s in mid may. now it is going back

a bit of a mixed bag with july laggards equifax with a dip to the down side this morning, we are looking at the bond market. a tick down in yields after the better than expected pce report. the 10-year is below 4%. last week, it topped 4%. right now, it is two points below the basis point. we are also looking at the energy market. oil is up 14% this month on pace for the best month since january of 2022 when it gained 17%. you see crude up in the pre market again, up 14% for the month of july. >>> time for the check of the corporate stories with bertha coombs bertha, good morning >> good morning, frank minneapolis fed reserve neel kashkari striking an optimistic tone for a soft landing for the economy. speaking to "face the nation," kashkari said the u.s. economy is making a ing surprisingly go progress >> we don't want to declare victory. we are staying on the progress if we need to raise rates further from here, we will do so we will let the data guide us. >> kashkari adds returning to pre-pandemic levels of inflation is absolutely achievable >>> walmart is increasing its stake in indi

its buyback program during an internal review a lot of misstep there's down 16% let's talk about equifaxporting mixed results. slashing a slowdown in u.s. hiring and weaker mortgage markets. executives say they expect trends to continue in the months ahead. good news. dow down almost 9%. >> thank you. >>> weighing in on our twitter question last chance. whichlagging sector of the market is about to have a big time catch-up trade. that's on twitter. results, after there. bak burger and fries... soup and salad. like your workplace benefits and retirement savings. with voya, considering all your financial choices together can help you make smarter decisions. voya. well planned. well invested. well protected. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirec

then it was equifax, personal information. hacked the pipeline, a gas shortage.. there are three lessons. one is that all of us have an obligation to do better cyber hygiene. that means, don't click on a link you don't know. turn your phone off -- turn the power off so it resets once every 24 hours. do the upgrades. that's basic 101. two, we need to implement -- we passed a bill that became law a year ago that said when the private sector is hacked, tell the government. microsoft did that. not because we want to penalize somebody, but because 85% of the infrastructure is in the private sector. we need to share that. we have to warn other sectors in the private sector. it has taken five years to implement this bill, pass the law a year ago. that's crazy. we have to realize china and russia -- but china is very aggressive on not only hacking into senior leadership, but they steal $500 billion a year of intellectual property. we have to engage with the chinese government. there are things we have to cooperate. but we do have to realize, this is -- communist party of

from a perspective i won't go into all of that but we have all seen what is happening with equifax and others that have had that you have been a part of punishing others that have had serious data breaches and i'm glad to hear you say it is serious and that you are cooperating with law enforcement. we also expect that you fully cooperate with this committee in congress at large and our subcommittees that are called oversight investigation for a reason. these are basic questions that we are asking you and we expect full and complete answers. your staff cannot get basic answers. sometimes there wasn't any answer, no answer at all. it makes me wonder. i'm sorry to be suspicious. i know how d.c. works. it makes me wonder, your dismissive attitude towards congress in previous hearings and previous interactions, did you send someone who intentionally did not know what was going on so they would not pass information on to us, where they somehow opaque in their answers for some reason i'm not expecting you to answer that. i'm not looking for specifically response. making sure that you were put