Good morning from the studio 57 newsroom at cbs headquarters here in new york. Good to be with you. Im annemarie green. A slowmoving storm in the northeast is not done yet. The system is expected to bring more snow to the new england area this morning. Yesterday more than a foot of snow fell in some places making travel nearly impossible. More than two feet of snow dropped in northern new york. Hundreds of flights were grounded in the region. And tens of thousands of people are without power. Laura podesta is in new york. The storms aftermath still being felt. Reporter yes, thankfully not here in new york city, but in massachusetts snow is still coming down right now. Boston canceled school for today. In some places in that state, the snow is predicted to accumulate at the rate of two inches per hour. Throughout the northeast, children enjoyed a Winter Wonderland yesterday. And while the adults tried to share in their experience the kids are having a great time, and i love this time of
[ inaudible ]. The tax will be substantial. We will put them on payments. What is your number . The number we talked about is 70 increase. Where are you now in terms of your number . We are at 1. 4 . Youre getting there. Neil whether you are a fan of the president or not, you have to just be startled at what you are seeing here on global tv live. Negotiating with the leader of canada saying why arent you coughing up more, what kind of progress are you making on that and all of a sudden Justin Trudeau say we are about 1. 3 , 1. 4 live for the whole world to see, not behind closed doors for no one to see. And talking as well with macron of france about how much are you putting and why did you say that nato is brain dead and why did you say that behind my back when you can tell me to my face. So macron did raise it to the president sitting right next to the president but thats the way its been going today. As the president , when it came to tariffs that are targeting much more countries a
Details of its streaming service. The price and big names it picked up as one of the rivals is putting Binge Watching obsessed customers to the test. The idea that has hal hollywoodp in arms. It is wednesday, october 30th. Fbn a. M. Starts right now. Caught you in the morning with another one in my bed. Dont you care about me anymore. Dont you care about me. I dont think so. Six foot tall. Came without a warning. So i had to shoot him dead. Cheryl welcome to fbn a. M. Good morning, im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving. Another big day for earnings today, ge, mckesson out before the bell. Dow is down 22, s p down 2 and a quarter, nasdaq down 3 andahalf. After the bell it gets interesting. Weve got apple, facebook and starbucks coming out. Lauren reuters is reporting that phase one of the trade deal between the u. S. And china might not be ready for signing early next month. The shaping high composite shanghai com
Someone thought there was a method to this madness we are back on the first floor you should watch this show just to see what goes on on times square take my word for it, there is stuff that goes on out there you dont want to miss you got to be 18 for some of this stuff we are ready to go. Brand new set. It is good to be here. We thank everyone for the love beautiful coloring and lights nothing was spared in terms of money for this. Look at this it looks like we are going to take off here. An elon musk designed set. We have that Federal Reserve Board Meeting coming up. Well hear that decision in a couple of hours. In the meantime, you are watching the futures dow indicated up by about 14 points nasdaq by about one point. Nasdaq up about one point. We touched a high yesterday and gave it back a little bit. Still looking at the s p a couple of points off the alltime high. Dow futures indicated up by 16 looking at the treasury market, still looking at the 10year yielding up to 1. 83 somet
Bloomberg. You mentioned housing and todays gdp data when you look at that, do you believe that you have achieved a soft landing or are achieving a soft landing in the sense that removing to trend growth the rest of the year and next year that is our outlook overall, is for moderate growth of around 2 , pretty close to trend. Thats our outlook could be better. Could be worse you know, you never say youve achieved it. But thats our outlook we feel like our current stance of policy is appropriate as long as that remains broadly our outloo outlook. Donna borak with cnn. Chair powell, setting aside expectations for todays rate cut, obviously 97 sort of expected this would happen today, can you tell us more about the rationale behind moving at this particular meeting as opposed to waiting six weeks and cutting in december and if there was any discussion about that around the table . Thanks. Yeah. I think this seems to be the right movement you can see we had our usual range of prospects, ra