President trump signing the continuing resolution into law a couple hours ago. In this hour the battle is just getting started. Congressman john geir menddy, democrat of california with us live. Whats his and the democrats price for passage . Well ask him. And he is in california where wildfires in los angeles now expanding to san diego county, getting more and more dangerous. 1000 plus firefighters on the ground right now battling the spreading blazes that threaten some of l. A. s most luxurious hopes. The star of the l. A. Listing, josh flagg is here. One clients home has already burned. He will tell you what they are most worried about when it comes to the wildfires and their real estate. They call this guy the hollywood brand father. Row hand oza, the man with the midas touch. When it comes to introducing new, disruptively Healthy Snack food. Rohan will tell us how the gop tax plan could affect him and other venture capitalists and other entrepreneurs. One hour to the closing bell
Refusing to concede this morning saying the recount may be in order. Jones victory come in as republicans make a final push for tax reform. President trump set to deliver a major push on capitol hill urging lawmakers to get the deal done as the house and senate moved closer to a compromise lining up for a possible vote next week. The quest for tax reform coming out. Janet yellen set to deliver a final News Conference as head of the central bank. The Federal Reserve expected to raise Interest Rates for the third time this year. Markets like this going into the meeting was in gains across the board. Dow industrials up 14 points. S p 500 the fraction of those at this point throughout the morning. A look at the european indices than we do see gains for the ft 100. The cac in the dax powered by a fraction. Age overnight bus to age overnight mostly high with the exception of japan trading down one half to 1 . Hang seng in hong kong up 1. 5 . Antitrump tirade outrage after fbi agent who worke
And lead to a Government Shutdown next week. North korea, iran, russia, china, likely topics to come up in the meeting with the Prime Minister. We are going react to the president s press conference. Liz claman catches up with the ceo of arm holdings. Arms architecture is founded 100 billion chips shipped around the globe. Find out what he says about a possible natural a first on fox interview. On wall street, the dow cutting losses in afternoon trading. Could we see another record close in 2018 . We are less than an hour to the closing bell. Im Ashley Webster in for liz claman, lets start the countdown. Breaking news, hundreds still trapped after devastating mudslides that swept away cars leaving 15 people dead, 24 people still missing. Well bring you any updates to the tragic storiesa the details develop. Thats just east of Santa Barbara in california. Meanwhile, stocks hitting the pause button on the 2018 rally. The s p 500 and the nasdaq are looking for first downday are the year f
Features pulling back from record highs. Expecting a decline at the opening of trading about 130 points down one half of 1 . The s p 500 down and the nasdaq down two thirds of a percent right now 42 points lower expecting a lower opening this morning. European markets similar story. Cac in the dax all over between a fraction that almost 1 . Asia overnight markets closed mixed. The indices at the close with the nikkei average in japan was down a quarter of 8 . Shanghai index was up a quarter of a percent. Federal judges here but cisco has bought the Trump Administrations decision to end the daca. The judge said the obama air a program which protects 700,000 people from deportation must stay as the litigation unfolds. Early in the day the commanderinchief reiterated his commitment to Immigration Reform during a bipartisan meeting with lawmakers. Very far right and very far left they are very unhappy about what they are doing, but i dont believe they have to be. If we do this properly, da
Im rooting for it to shut down. Weve all survived shutdowns. The challenge it is politically risky for both republicans and democrats. Of theyre in a mudslinging fight and hoping the other part has more mud on their face at end of the day. Charles deroy, forget about the market, only one year was the gdp down. I get back to the point. Why are republican so afraid of this . They seem to think they will get burned. After the last shutdown they benefited midterm elections after that. Depend who defines the terms of shutdown. He should do Oval Office Address on friday evening as we go toward the countdown. Lay out deal he is willing to sign. Have the senate vote on it one by one, let democrats on camera decide if they shut down the government and allow the government to continue in operation. Shelby is right to separate between a market story and political story. To take the last shutdown we had in 2013, the market, participants in the market tended to focus what they were already focused