and yet plans for the project are plodding along. so where is the money coming from? we ll show you,next. first christine romans has this week s before the bell. the stakes are high for apple this week. the company is expected to unveil three new iphones on tuesday. in recent quarters iphone sales have suffered double digit percentage declines. customers are holding onto their phones longer and the company is contending with a slowdown in china amid the ongoing trade war. apple shares are still up more than 30% this year. as for stocks overall, a fresh batch of economic data could move markets. reports on producer and consumer prices are due. inflation has remained historically low. that gives the federal reserve wiggle room to cut interest rates again. friday s job report also gives the fed cover. the u.s. economy added 130,000 jobs in august, a slower pace compared to last year. and 25,000 of those jobs were
has said the next person to walk on the moon for nasa will be a woman. she was on that short list. how this all plays out could very much have some impact on that decision and whether her career lands her on the moon or derails it entirely. hard to see right now. miles o brien on this really incredible story. thanks for joining us. you re welcome. now the white house is now saying the president s only regret in hiking tariffs on china is that he didn t raise them even higher. so what does that mean for wall street in the week ahead? cnn s alison kosik has your before the bell report. hi, alex. trade fears are front and center again for wall street. stocks plunged on friday as the u.s./china trade war escalated. first, china unveiled a new round of tariffs on u.s. goods. then president trump says u.s. companies were hereby ordered to look for alternatives to do business in china. all of this comes as concerns about the state of the u.s. economy mount.
doctors, presidents, maybe a future female president. but we ve come a long way. reporter: and while they look at the traditions that made them who they are, the next generation is also looking at what their world could be. imagine the problems that would be solved if all people were kind and felt cared for. it doesn t matter what your race or religion may be. we all deserve kindness. can we talk about where we re going? and can we talk about what is necessary to get there? as we look at the next 400 years. reporter: natasha chen, cnn, hampton, virginia. our thanks to natasha chen for that report. now he was a fashion icon, a design genius, ahead of his time. tonight, tune in for the cnn film about the rise and fall of halston.
president trump and his advisers are telling people that the u.s. economy is not in a recession and china is bearing the brunt of the president s trade war. we ll hear from some american farmers who beg to differ. first, alison kosik is here with this week s before the bell. alison? hi, ana. investors are watching for any updates on the u.s./china trade war and eyeing the bond market closely. the interest rate on the two-year treasury note dipped below the rate on the ten-year bond. that s known as an inverted yield curve, a classic recession signal that freaked out investors on wednesday, stocks suffered their biggest one-day losses of the year. but some market watchers are making the case for calm. they argue the american economy still holding up. job creation remains strong and consumers are spending. although economic anxiety can create a self-fulfilling prophe prophecy. the only way you can end up
things that other countries have done. thank you so much, randi weingarten, and for coming in. thank you. can anything be done, i ll ask the chairman of homeland security live next on cnn newsroom. first, alison kosik with this week s before the bell. hi, ana. volatility is back. wild swings in the market last week as nervous investors piled into gold, government bonds and other safe havens. wall street is worried about slowing global growth and escalating trade war. and it s watching china s currency. sending global markets into a tailspin, despite the roller coaster ride, some market strategists think wall street is overreacting. fundamental construct of the united states stock market remains the most stable and