Will discuss president trumps budgetary outlines including the boost in military spending, domestic spending cuts and a texan entitlement program. Willthe m. I. T. Review discuss the annual list of temperature technologies and their expected impact. Be sure to watch cspan washington journal live at 7 a. M. Wednesday morning. Now a hearing on Wireless Technology and respective policy including the federal Communications Commissions recent auctions. This Cup Committee hearing is two hours. Good morning, on behalf of my friends and i i am happy to convene this first Sub Committee of innovations in technology and the internet. Welcome to you all. As we all know in todays connected world, the spectrum increases with each new technology. Spectrum is the lifeblood of this connectivity improving the lives of people around the globe. Our discussion comes on the heels of this committees approval of the mobile act. We have taken a significant making sureff to that they are a part of the next gene
Im a little bleary eyed today. I stayed up and watched the game. Im just tired because its a tuesday. Congratulations to our landon dowdy and kayla tausche. I imagine well get a great hit from landon later. She may be suffering in a similar way. Futures as i said pointing slightly lower at this hour. Comes off a day of delclines yesterday, but fractional declines. Quite resilient again when we come to the tenyear note. Futures for you today, as you can see, the dow called lower by 51 points, the s p by 5, nasdaq by 12 points. Lets look at the tenyear treasury note. As i said, yesterdays slight declines fairly resilient given that yields slipped again. Weve been in and around the 2. 4 level. Now were much closer to the 2. 3 level than 2. 4. 2. 33. Yields slipping yesterday. Also the twoyear slipping across the curve. But we did not see that selloff in markets that weve seen correlated when yields have fallen in recent days and weeks. Lets show you the action in the Asian Pacific markets
Good morning, it is 10 00 a. M. At at t headquarters in dallas, 11 00 a. M. On wall street, and squawk alley is live. Welcome to squawk alley for a monday morning, john ford and myself along with ceo terry and Senior Editor peter cofta. Good morning to you both. Our top story fairly obvious, at t buying time warner for 85. 4 million. A deal uniquely different than anything theyve done before. Regulators already raising red flags, possibly putting an end to the deal before it begins. The senate and Consumer Rights is looking to schedule its first hearing on the merger next month, and its not just washington, the competition also warning against the deal with one disney spokesperson saying, a transaction of this magnitude obviously warrants close scrutiny. Time warner ceo says the focus is vertical and mobile. We were talking about whats happening in media, all these new products like subscription v. O. D. Networks, all the increase in mobile consumption of video, and as we got into it a
Warner and 85 billion deal is more consolidation ahead . Plus, getting that deal approved calls for scrutiny and Consumer Protection already coming from washington. Lets listen to how both ceos are pitching the transaction. And Goldman Sachs lowers outlook for corporate earnings through 2018. Why it sees Profit Growth slowing in the s p. But first up, at ts mega merger with time warner already facing scrutiny from president ial candidates and capitol hill lawmakers. Earlier on squawk at t ceo Randall Stevenson said he believes the deal will pass regulatory muster. This is one where the nature of this deal is unique from anything that weve done before. And that is a vertical integration. Its a big merger, but its a vertical integration. And as you think about the areas that have been really contentious over the last few years in our industry and in jeffs industry, theyve been horizontal mergers where the government was concerned about a competitor being taken out of the marketplace. Thi
Starting in palm beach and end it with two rallies in tampa. He is doing this now because early voting starts today in florida. A Million People have already voted mail according to state Election Officials and republicans are leading ballot returns by 1. 8 percentage points. Thats good news for trump. The bad news is the latest National Polls show them trailing clinton by a large margin. The et electi Kelly Ann Conway yesterday on the show that they are behind but he also said they are not giving up. They still think they can win this and hearse who you. What can turn around in these next two weeks . Florida, iowa, you add nevada there and protect arizona and georgia look at New Hampshire and maine, too, where the congressional districts are slit the way they have their electoral votes. You can visit colorado, virginia, pennsylvania. One poll that is some what encouraging for the Trump Campaign is this one from cbs news. Shows trump well within the margin of error at 43 percent clinto