Certainly a good year for studios. Good for the movie business except for tomorrowland. Well wait for the star wars the force awakens set to debut december 18th. Interesting to know when they will release it in china. Why . Because the Chinese Market is increasingly more important with regard to film studios. Well look at espn. That is about 30 , makes up about 30 of the stock price for disney, espn. There are suggestions when they spin it off into a streaming service, basically, continuing with the cord cutting theme. Lots to look forward to in the report comes out, twice. Well be all over it. Melissa absolutely. You mentioned the stock at new alltime high. Up 28 before that. Really richly priced. Ashley, thank you very much. Well get back to you as soon as the number comes out. David disney on a roll. New fox news poll highlighting breakouts and shifts in support for top president ial candidates heading into thursdays crucial gop debate. Blake burman with the numbers from d. C. Blake
Welcome to squawk alley for thursday were at post 9 of the New York Stock Exchange were getting some Oil Inventories in a moment here Hurricane Irma makes its way to florida as a category five storm, slamming into several islands in the caribbean overnight. We have Team Coverage this morning. Wmaq meteorologist is back at hq phil lebeau is in chicago. Lets start with you we have a very strong category 5 hurricane that is going to churn over warm waters and low sheer, those help keep the hurricanes moving at the intensity that they have if you look behind me, you can see a very strong, very wide large hurricane first going to be moving towards turks and cake yoes as it moves forward tonight. Then eventually going to be making it to the southeastern part of the bahamas. And then the eye set on south florida. Still, were watching some questions and some points that we have for you as we move forward in the next few days the potential path as of right now could have this storm moving right
Remember those 100 delivery fees for water were already seeing shell tell us more about that. I heard much higher gasoline prices as well, but i dont know if that was an urban edge end. Well talk about that and the other big story were following is the mass you have data breach at equifax which may have seen data stolen from nearly half of the u. S. Population. Well talk about what could happen to the stock, how you can protect your personal data from future hack attacks as well. Yeah, with the stock down 13 and the worst performer in the s p 500 today which is down a point and a half right now let start our full coverage of Hurrican Irma it is a does near landfall in florida. Wmaq meteorologist kaylee dieion is tracking the storms path and Jackie Deangelis with a look at final preparations being made and Morgan Brennan with a look at how difficult it is to get out of florida and how the theme parks are bracing. Had an update over the last hour the National Hurricane center has upped t
Whether forecasts warn of catastrophic damage throughout the day you will be seeing scenes like this a massive exodus 1. 2 Million People are under evacuation orders. Schools colleges closed for the day and next monday. Load up drive north hope you can find some gas. These are scenes from caribbean islands irma has hit truly devastating, we dont know full extent of the damage, the wind rain and the storm surge is coming to florida it is just hours away. Now look at this, 8 earthquake off the south coast of mexico a tsunami warning extensive damage on land. Here is Something Else that is setting nervous on edge north korea founders day tomorrow, there are reports regime is preparing another missile launch, americas warned dont do it. What will we do if they launch . Good question mood high anxiety Varney Company is about to begin. Letter get straight at it irma currently strong category four storm, slammed turks and Caicos Islands today waves as high as 0 feet there, 20 feet K Communica
Revised down its 2017 core inflation projections from 1. 7 in june to 1. 5 . Unemployment will hold steady they expect by the end of the year, 4. 3 but gdp has been revised up from 2. 2 in june to 2. 4 what they expect by the end of the year. The fed is going to maintain its projections for a thirdrate hike in 2017 according to the fed dot plot and it is also projecting three potential rate hikes in 2018 but again members of the fomc are bit more dovish on the rate hike projections. Thee members dropped projections this year. From Federal Reserve statement, storm related reductions will affect Economic Activity in the near term but past experience that the storms are unlikely materially to alter the course of the National Economy over the medium term. The inflation problem the fed is facing, inflation on a 12 month basis expected to remain somewhat below 2 . This was unanimous decision to hold Interest Rates where they are in december and initiate beginning of unwinding in october. Tri