Give each of their 200,000 u. S. Workers 1000 bonus once the bill is signed. Comcast, sister bank corp. , wells fargo, bowling all stepped in to give money back. Lawmakers onto the next hurdle avoiding a Government Shutdown. Looking to push the issue into next year opposing a spending bill to maintain funding through january 19th. Well break down the prospects of a deal ahead. Look at how the markets are reacting. A slight gain on the dow futures. A little bit a pullback yesterday. 28point game developer market gauges really anticipating the tax reform happening on monday with every major market gauges major market gauge hitting alltime highs. All the big ones we follow. Over to europe, next action there. Ftse 100 was. Ftse 100 with a slight game mother quarter 1 . Asia overnight was a similar picture. To mark its upcoming two down with the kospi in south korea almost 2 in the nikkei also lower. You are not crazy. Your iphone might be running slower. The details of apple finally admits
Into new year of current spending is really the most likely outcome here with emergency help for the Child Health Program and National Security courts and Disaster Relief which is actually the specific issue that the house is mulling at this very moment. Republican congressman fred up ton of michigan gives us the inside scoop on the Government Shutdown. He was also one of those select tax reform conferees. We will quiz him about why that socalled welfare for the rip loophole with carried interest was left safe and sound in the bill and new york citys top government investor scott string er is a little torn. He says the tax reform bill is terrible for the citizens of the city, but the 186 billion new york city Pension Funds he overseas could see solid gains and those pensions are for city workers. Well ask him about his rock in a hard place here in a fox business exclusive. On wall street, i already mentioned the s p right there, both are ready to snap a twoday losing streak when you in
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
The tax reform bill perhaps as early as tomorrow. In the senate, senators are speaking right now. They are not on the continuing resolution as of yet. They are speak as part of their procedures, and some have been talking about whats going to be the vote tonight on the continuing resolution. Rand paul does not want to see the spending caps waived or lifted. But here is what senator marco rubio said on the floor of the senate about fixing the funding. Ill say im disappointed we are leaving here the end of the year without take on a Disaster Relief bill. I believe well do that next year along with a permanent extension of the Childrens Health program. Well have an opportunity to deal with immigration security, the opportunity to deal with young people brought to this country through no fault of their own. Reporter but the house sent the senate an additional 81 million Disaster Relief spending measure. It could be a very long night here. But there are senators who want to get out of here
Tonight threatening to cut off funds to the United Nations after the International Body voted to reject President Trumps recognition of jerusalem as israels capitol. John bolton is here with more on that tonight our top story and Major Development in the uranium one scandal, Jeff Sessions reportedly ordering the department of justice to look closely into alleged clinton collusion, determine whether a special counsel should be appointed to investigation, how the clintons raked in millions of dollars. Fox news chief National Correspondent ed henry has our report. Not looking good. Not looking good. A year dominated in part by President Trump being in the cross hairs of a special counsel investigation is ending with attorney general Jeff Sessions ordering the Justice Department Prosecutors Press fbi agents about why did did not seek charges in the uranium one deal. The end game would be if they found something they certainly would be potentially capable of reopening the investigation and