Is outside the white house, elon is there in washington standing by with the latest on the tax bill itself. Lets start with you, what do we know about this event coming up . Reporter theyre not actually going to do a bill signing. The sbil not ready to be signed just yet, but this is very much a Party Atmosphere here on the south lawn of the white house. We have the marine band going through a list of Christmas Carols a few moments ago theyre serving hot drinking over here. Some of the vips and dignitaries have gathered in the audience. You can see behind me, republican members of congress lined up on the steps just above the south port co. Here on the south lawn of the white house. This is a unified Republican Party right now. Theyve been through a lot of tough infighting particularly over obamacare, this is a big win. This is a moment in which youve seen the president of the United States already today handing out praise to republican leaders, some of whom hes been attacking earlier
Year im Brian Sullivan welcome. Power lunch begins right now she works hard for the money so hard for it, honey im Michelle Carusocabrera at the New York Stock Exchange back in rally mode, the markets, highest in three days been all three indices on track for a positive week. Dow jones industrial average higher by triple digits. These days only a gain of half percent. How much of a rally over the last year. Goldman sachs, two names leading the dow higher Goldman Sachs and chevron hitting a threeyear high, by the way. Energy, outperforming, etx, xle on pace for its best in the year and all big winners. Alltime highs, home depot, c t caterpill caterpillar, fedex, and big loser, pg e due to california wildfires. Beginning the hour with breaking news on the fed Steve Liesman joins us with more. Thanks. Cnbc learned from sources familiar with the situation that leary lindsey commit considered fed vice chair job, lindsey interested in exploring the job. We dont know what status the discussio
Will start once again focusing on the swiss ski resort. Us President Donald Trump will address the World Economic forum in a few hours time. Hes expected to defend his America First approach to International Trade, as well as calling on Global Business leaders to invest more in his country. Many of them will be concerned about the rise of protectionism. But the Trump Administration says they shouldnt be. In the words of senior white house Economic Advisor gary cohn America First is not america alone. The argument goes that if the worlds biggest economy is doing well, the whole world benefits. This week the International Monetary fund upgraded its Global Growth forecast to 3. 7 , partly because of President Trumps tax cuts. But is the protectionist rhetoric having an effect . Last year, foreign direct investment, when Companies Invest in foreign countries, fell 16 around the world. In north america, the fall was even bigger 33 . Despite that, the us was still the most popular country to
And their biggest fa cup victory came in 1949 against sunderland can yeovil top that this evening when they take on Manchester United . Good evening and welcome to bbc news. Donald trump has told an audience of business and political leaders that his mantra of America First does not mean america alone. Speaking at the World Economic forum in davos in switzerland, mr trump said the us was doing fa ntastically well and was open for business. But he hit out at what he called other countries predatory trading practices. Earlier, the president said he was prepared to apologise for sharing social media posts by the far right Group Britain first. Our north america editor jon sopel is in davos. Geeeesee eeeelq tluene eee eeee have gone with him. And wherever the cameras have been, the president has been pleased to oblige. I hope were going to bring back many billions of dollars into the us. I think that will happen its already happening. But billions of dollars is coming back into the us and i
Bombardier. Jobs could be under threat in Northern Ireland because of the dispute. The Prime Minister said she would press donald trump to resolve the matter. I have already raised the issue with President Trump ina raised the issue with President Trump in a telephone call and i will raise the issue of bombardier with them when i meet him again later this week and i will be impressing on him the significance of bombardier to the United Kingdom and particularly to jobs bombardier to the United Kingdom and particularly tojobs in Northern Ireland. Let us talk to our correspondent in Northern Ireland, chris page who is in belfast. At least both leaders have been speaking about this, so that perhaps suggests that things might improve for the workforce there in belfast . Yes, i think people here in belfast will recognise the fact that the British Government and the canadian government are very much engaged in this issue. You heard the Prime Minister there are saying that she intends to speak