Establishment. And a bribery scandal shakes up the ncaa. Now four College Basketball assistant coaches are facing fraud and corruption charges. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. It has been one week since Hurricane Maria hit puerto rico. This morning for many of the 4 million americans who live there, the situation is desperate and conditions are getting worse. Food and water is out and fuel and the hospitals are crippled and the main airport is barely operating. Meanwhile the Trump Administration is responding to criticism it simply is not doing enough. We begin with David Begnaud in san juan. Reporter after maria hit with a vengeance mayor yulin cruz is neeping help. I know leaders are not supposed to cry but we are having a humanitarian crisis. Reporter jesuss cancer took a turn for the worse the same day maria hit. His wife lucette. I try to open the doors, the windows, but its not easy. Repo
Mean for your money and the future of where stocks go from here john najarian, this is a long way from the finish line but at least now we can begin the race. Yeah. There were winners and losers right away, based on peoples perception perhaps not full understanding, but perception one of those losers right away was Toll Brothers, tol people came scrambling in, they hit that stock more than the other Home Builders. All the Home Builders sagged a little on this about the deductibility of certain things but Toll Brothers because its luxury homes, thats where i focused. They were actively buying puts in big numbers today. Rich, youre number five on the latest list. So people are going to look to you now for advice on what you think all of this is going to mean for where the market goes from here. Lets get some of it here. This is a powerful reform bill for investors because right now we can identify companies that are going to specifically benefit from a lower tax rate and from repatriatio
Anticipated jobs number. What it means for the economy and markets. Shares of apple are up after they reported earnings after the bell of the well dig through the report and hear why tim cook is calling for a huge quarter on deck well go live to the long long lines of customers waiting for new iphones. And shares of starbucks under pressure after a less than stellar quarter. Well talk to Kevin Johnson and cnbc exclusive along with the 261,000 nonfarm jobs in october, significant upward revisions including september payrolls up 18 k after the initial readings showed a decline. It now means a record 85 straight months of job gains and unemployment goes to 4. 3, the lowest in nearly 17 years and average Hourly Earnings up 2. 4 we were looking for something closer to 2. 7 and interesting downtick in labor force, jim. Im going to stick with what we need on this and say youre going to get a rate hike on this if you can do this theres less slack its certainly not based on average Hourly Earni
Insurance work like Car Insurance . Would that solve the problem that debate is on tap as power lunch starts right now. All right, welcome to summer, everybody. The Summer Market as well. Stocks in a narrow range energy, though, the best performer in the s p oil doing something it has not done in a while, rising for a fourth straight day. Financials also doing pretty well the big bank etf, the kre and the kbb both near session highs. Theyre on pace for one of their best shake shack higher, despite a note from Goldman Sachs saying earnings could take a hi because of all the rain weve had in the northeast goldman noting shake shack has heavy exposure up here many locations have outdoor seating. Also, darden rallying on its earnings beat, the restaurant chain raising its Quarterly Dividend 12 tyler. Welcome, everybody. Im Tyler Mathisen and heres what else is happening this hour fed chair janet yellen speaking in london on the state of the economy. Shes expected to take questions. Will sh
Awaiting janet yellen at 2 00. Plus, trump versus the house gop or not, two days until the inauguration and the president elect now suggesting that the border tax could be back. Trouble at target, Retail Stocks moving lower after target cuts its outlook on weak holiday sales. But stocks are looking to rebound one day after the dow and nasdaq each posted their lowest closes of the new year. Wall street digesting Bank Earnings today, citi beats on bottom line but misses on revenue, goldman exceeds consensus estimates. Stay tuned for exclusives with Goldman Lloyd blankfein and j. P. Morgan jamie dimon. Thats coming up later today on squawk on the street. Jim, you tweeted earlier today nothing is good enough mode on the fins. Yeah, look, these stocks ran a great deal and i thought the goldman quarter was exceptional. My travel strus owns this next one, if you adjust revenue for citi for international because they have a Huge International business, if you adjust for the dollar turns out th