Housing starts surge 2ging 22 n july countdown to a record. We are above it right now. But as we have said, we have been there before. 59 minutes until its official will today be the day . I dont know, mike san toll ji not here. If you missed out on the markets stunning rally, is it too late to jump in now . Well ask founder Mike Novogratz for his take and a world of difference. How much the Global Economy has been altered and the challenge thats remain with David Melpass. Lets get to the stories were watching bob pisani is marking the action sara has new details on one of the biggest earnings and bob, lets start off with you. Its technology. There is the tech on the upside. A little Consumer Discretionary. That is amazon and advance auto parts. This the he do very good retailers lagging behind here. Thats how important they are. Those are not typos. Apple, 42 the stocks all major reasons why were at new highs today as for the retailers, yeah, we are at new highs at the open at home de
Time when President Donald Trump suspended h 1 b visas to the end of this year. So canada is putting it out there. Their doors are open in Silicon Valley and ceos are seeing the impact. Sitting in board members, ceos have related theyre trying to hire programmers from russia or other parts of the world. Reporter how worried should Silicon Valley be, with them trying to poach talent from our area . We should always be concerned that we are protecting and preserving our competitive advantage as the hub of the innovation economy. Reporter the pandemic and immigration halt has take an toll. But the pay in canada still does not compare to Silicon Valleys. On average, the tech workers here in the United States in Silicon Valley can make almost double what theyre making in some of the tech hubs in canada. Reporter but the hope is that when the pandemic ends, the talent comes back or holds on. Or theres always canada. In San Francisco, luz pena, abc7 news. Making the bay area a better place to
Bit despite news of increased inventories. For the global exchange, where we bring you market moving news from around the world. Are bloomberg voices are on the ground with this mornings top stories. Da tart with e curran. Had positive signs since sunday, when the government said they would push through new oversight of ip protection, and they want to punish those who are guilty of ip theft. That was followed by some details in one of the state newspapers that china is also looking at the oversight of any trade agreement with the u. S. In ways of ensuring that any deal isnt limited. Then we had the news yesterday from the Commerce Ministry talking about reaching consensus on core issues. The moonbeams it is been nothing but positive in recent days, matching what is coming out of washington, though we dont yet have any further details on when or if an agreement might be signed. We have your minder did have a reminder on the economy when profit for industrial firms dropped almost 10 from
To know to stay safe. The white house fires back, President Trump and a his attorneys will not participate in the impeachment hearings this week. Weve got the latest from capitol hill as the first impeachment draft is reviewed and republicans ramp up their calls for adam schiff to testify under oath. Mornings with maria begins right now. The city never sleeps at night. Its time to begin, isnt it. I get a little bit ill admit im just the same as i was. Maria weve got a great show this morning. Joining the conversation, Dagen Mcdowell, pwc partner mitch rochell and James Freeman. Great to see everybody this morning. So here we are, hope everybody had a great thanksgiving. We are now in december, three weeks left, legislatively, for congress. Usmca expected to come to the floor in the next two weeks, youve got china, you had a great op ed this weekend. Thanks. Maria on making mexico pay for doing a deal with trump. Its kind of amazing. People have been living in a cave for the last year.
Bolton and mike pompeo as folks who were complicit in these arrangements the testimony of Gordon Sondland had been widely anticipated because hes one of the only witnesses being called who has spoken directly with the president. There is uncertainty over how many times he spoke with the president , but hes someone who appears to have the president s thinking and now in his Opening Statement he will say that he believes there was a quid pro quo. Guys, back to you. Really quick, the times this morning also adding another layer that he kept the secretary of state mike pompeo perhaps more informed than we were previously led to believe. Any sign of that in the testimony that you have seen reporter the testimony itself is 19 pages long for his Opening Statement. So were still digging through it and, of course, well hear him deliver it in just a few minutes. But one thing we also do know is that he largely confirms the account of a state Department Aide who says he overheard Gordon Sondland