Josh lipton is on the ground there with the very latest. Josh. Reporter new products announced today, including a new smaller version of the ipad pro. Remember, apple executives billed the ipad pro as the future of personal computing and said for many people the ipad pro can replace the pc. Take a listen to what apples Paul Schiller had to say. There are over 600 million pcs in use today that are over five years old. This is really sad. It really is. These people yes. To really, really benefit from an ipad pro. Reporter we know that the ipad faces real structural headwinds and consumers moving, for example, to smartphones with larger displays so the question for investors, do they think what was announced here today can change the trajectory of that ipad product line . In addition, of course, we saw the new iphone se, 4inch display and faster chip and support for apple pay and shoots 4k video so who does that appeal to and a lot of people want that 4inch display and apple sold 30 milli
Campaign trail issue as well. Donald trump and Hillary Clinton won resounding victories in arizona yesterday, but does either candidate have an advantage when it comes to the war on terrorism . Former senator byron dorgan, former congressman Pete Hoekstra and ted cruzs spokesman ron nehring will react to the latest on the campaign. The market at session lows. The dow off 80 points, as oil and gold tumble on this wednesday. Less than an hour to the closing bell. Im Ashley Webster in for liz claman. Lets start the countdown. Welcome back to countdown, markets trading near session lows as we head into the final hour of trade. Dow off 93 points. It was down earlier 80 points, losing steam as we head to the closing bell. Energy wearing on markets, 4 below. Names like devon energy, marathon oil, chesapeake energy, Console Energy bringing down the markets. Gold names not seeing much glitter, future contracts falling to lowest levels in nearly a month. Seabridge gold, all down by 8 . One name
Worldwide exchange on cnbc. Im sara eisen. And im wilfred frost. Lets bring you up to speed on the markets. About the best trading day for the last three weeks for the major three indices. Yesterday, we are expected to give up the gains. Dow low by over 100 points. S p by 12, nasdaq by 31. Looking at just 0. 5 declines for each of the three major indices this morning. The tenyear note in the u. S. , were looking at a yield of 1. 82 . News to catch up from overnight in asia, Australias Central Bank cutting interests rates to an alltime loaf 1. 75 . This is the rbas central bank easing in a year. Policymakers there say wage growth. Decision was not expected by all. 50 of economists look for the move. The aussie dollar as a reaction fell sharply on the news. Though, i have to say, we warned you three weeks ago as we saw that deflationary measure out of australia thinking they are going to ramp up easing again. Some some people are expected as you can see by the move, not everyone is expec
Accomplished cost house of representatives and subsequently hindered president s obama agenda, then that could be part of her legacy thats less positive. Host did you have a smile on your face or scowl . Guest i worked for a democrat. It was he was one of the democrats who did not lose, so it was more a sign of relief quite frankly. Almost every democrat was in danger of losing. It was a wave election. It was quite shock but curiosity. Now the republicans have a turn, lets see what happens next. Host what do you teach . Guest introduction to american politics, course, u. S. Congress, part of that course i have the students playing members of congress and get a bill enacted through the house of representatives and thats a great experience for myself and i get to play speaker. I also teach course called power and america, politics, learning about different aspects of power in the United States or interest groups, power of president , power of people, power of voters, those are some of th
Cities around the world are taking every step necessary to keep people safe this new years eve. Eve. In europe both paris and brussels cancelled firererks displays over the threat of terror attacks. Paris was attacked last month, with a number of suspects arrested in brussels, including one just yesterdadain france out 60 thousand Police Officers and troops will be deployed for celebrations still happening. Several troops who were stationed in areas around africaave been brought back to help with patrols. In the us, nearly six thousand new york city Police Officers, and members of a Counter Terrorism unit will be on hand as the ball drops in times square. Around a million there. E. Each person there for the celebration will be screened for weapons with a metal detecting wand. In pasadena there will so be extra security for tomorrows se bowl and tournamentntf roses parade. Of course thousands of iowa fans are there right now to watch the hawkeyes play stanford. Pasadena police say theye