Futures up 50 points before the incident, then we dropped to a minus 35 minus 10, now pretty much a recovery, we are up 40 points at the opening bell, there was no impact at all on bitcoin, that is about as volatile market you can get no impact, futures trading began yesterday on cbo global marketplace started 15,000 as there are now the price is around 16,000 dollars. Of them bitcoin perhaps gained some respectability now that traded on established Exchange Price action huge up and down moves, it is i believe you the latest highly Disruptive Technology vote alabama tomorrow pols suggest roy moore has small lead active sport of President Trump if elected faces immediate ethics investigation by senate but cannot be denied his seat. Yes, it is a very big day, two weeks before christmas, Varney Company is about to begin. Explosion in Port Authority, are a of new york city, earlier today and liz following it. Around one of a. M. , the incident possible pipe bomb strapped to suspect now in
A warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im Contessa Brewer in for sara eisen this morning. Great to have you with us we begin with breaking news out of alabama nbc new projects doug jones the apparent winner that States Senate race. Jones defeating roy moore. Its the first time in more than two decades that a democrat flipped a alabama seat moore has refused to concede saying its not over President Trump who endorsed roy moore seems to think its a done deal the president tweeting congratulations to doug jones on a hardfought victory. The writein votes played a big factor but a win is a win. The people of alabama are great and the republicans will have another spot at this seat in a very short period of time. It never ends. So quite conciliatory from him, maybe thinking he needs to work with jones in the future and knowing another election is going to come. And we know the president likes winners. But he doesnt like losing himself. The crucial thing in the shortt
Low. And its projected as the population continues to age in the baby boomers retire that that ratio will continue to rise in an unsustainable fashion. So, the addition to the debt taking what is already a significant problem and making it worse is it is of concern to me, and i think it does suggest that in some future downturn, which could occur just for whatever reason, the amount of fiscal space that would exist for fiscal policy to play an active role it will be limited, it may well be limited. Sam fleming with the financial times. Couple of longer term questions, first of all, midway through the year, hot weather inflation targets might need to be raised. Obviously been a lot more debate and have had systems since then about this it may not be an imminent issue, it may be something the feds may be discussing over the coming years. Some sort of change to the inflation target second of all, the amount of stimulus tools that the fed may have at its expo sal are fairly limited. One of
This hour, fox business, weve got the market moving details, theyre here at this table right now. What will your tax break be get ready, weve got the breaking news the votes have commas early as monday. This, as President Trump risks fbi bias in the Hillary Clinton email investigation ahead of his big speech at quantico today before new fbi recruits as newly released documents reveal former fbi director james comey s initial draft statement exonerating Hillary Clinton was edited numerous times to soften the fbi findings. Coming up youre going to see what the fbi really thought about hillary. Companies like comcast, verizon and at t sharing the end of wet blanket obamaera internet rules. Were going to show you the media and debunk the myth about whats really going to happen to your online streaming and shopping tonight an allstar guest line up including swiss american share craig smith, conservative radio host nina low den, david clark and reagan Economic Policy advisor art laffer, all
Breat breathing at that time. We just got an update from a captain a short while ago. Right now we have an individual shot in the leg. Its what we know right now nonlife threatening wound. The investigation is still ongoing. We have detectives on scene. Officers on scene. Reporter there is no word yet whether arrests have been made or whether police recovered that gun. Reporting in southeast, darcy spencer, news4. Thank you. We have more news for you now. Police in Montgomery County happening in fallen water cervical in germantown. Bring you more information as it comes in. Remember, honor, and teach, three ways across america honors heroes who paid the ultimate sacrifice. Today hundreds of volunteers donated their reech wreaths across arlington cement. Temperatures in the 20s did not effect the lets do this spirit of the tens of thousands of volunteers who began streaming in Arlington National cemetery not long after sunrise. Waited patiently to pass through security. Just before 8 00