Speaks claims do jump to 298,000. Our road map begins with cohn on the outs the president no longer considering him as the next fed chair. Plus bracing for one of the most powerful atlantic storms ever recorded. Hurricane irma is is battering puerto rico overnight. Deal maker and chief, President Trump stunning republicans making a debt and harvey funding deal with democrats. First up stocks are aiming for a second straight day of gains following tuesdays sell off. Coming off its 7th positive session with the Energy Sector posting the best day in a couple of months. Trying to make some connections between irma and what it might bo dodgers the gdp and rate hikes and not to mention more stories about reinsurers and the damage they may sustain. We saw an up tick in jobless claims this morning. That was expected. Its going to hover for a little while. At least on the debt ceiling front you got a little bit of clarity so youre adding and subtracting as we go along. Talk about a big jump is
Good monday morning, welcome to squawk alley. Im Carl Quintanilla with Michelle Carusocabrera and john fortt. Our sara eisen is off today. Joining us this morning, recode executive editor kara recode a lot to get to from tech. The big four testifying about their roles in the 2016 president ial election and russian manipulation, also reports russianbacked Facebook Accounts not only posted ads before and after the election, but organized events around polarizing issues. The f. T. Points out for all the attention on the social media giants, it may only be a matter of time before d. C. Regulators set their sights on amazon kara, its a little weird saying big techs under fire after a couple of sessions in which their earnings truly impress the market yep, thats why they are under fire, because they are big and they are tech and easy ma n nipulated. In commerce, digital, and everything else. I dont think its a surprise they are being targeted, because they are some of the most powerful compa
Tuesday, march 17th. St. Patricks day. Subdued st. Patricks day. Very much so. The Ripple Effect hitting a major battleground state this morning. Ohio Governor Mike Dewine announcing late last night polls will be closed today due to polls at risk of the coronavirus. Earlier a judge denied a request from dewine to move the primary to june. Its not clear how the court will respond to the governors decision. Heres the ohio secretary of state. What the Health Director has is Broad Authority to protect the health of ohioans. Theres a reason thats created by law. In a Public Health emergency such as this, difficult decisions are going to need to be made. Before the decision was made the president said he didnt think primaries should be moved. I think postponing elections is a very not a very good thing. They have lots of room in electoral places. I think postponing is not necessary. Arizona, and two other states will go forward. Kentucky, louisiana and georgia have postponed over coronavirus
Going to see Cinderella wouldn’t be my first choice for Wednesday night entertainment – the tale of a princess falling in love at a ball wouldn’t make it anywhere near my Netflix watchlist, and having seen too many Cinderella pantomimes for any child, on too many a pantomime school trip, I thought I knew exactly what to expect. But was I in for a surprise!