On jerusalem is a step towards peace. He said that israel will continue to work with the president and his team to make true. Ream of peace come in a televised speech, the Palestinian Authority said President Trumps decision rewards israel for ignoring International Agreements and encourages occupation and ethnic cleansing that will serve extremist groups. He added it also undermines u. S. Credibility in the middle east process. United nations secretary general Antonio Gutierrez said he any unilateral action on jerusalem that could undermine a twostate solution on the israelipalestinian conflict. He called jerusalem quote a issue. Tatus it is only by realizing the states, living side by side in peace, security recognition, with jerusalem as the capital of allel and palestine and final status issues resolved permanently through negotiations that the legitimate aspirations achieved. Ople will be he added again quoting there theo alternative to thestate twostate solution. There is no plan
Make big money if this cvs deal closes well tell you how much. Trying to count it up coming up first as you know, President Trump made this major announcement on israel today which could destabilize the middle east this coming just a day after carlisles David Rubenstein told cnbc the only thing that the market needs to worry about is an unexpected geopolitical event. The only thing we have to worry about in 2018 or 2019 some unanticipated geopolitical event, the black swan. But right now short of those kind of things i think the economy is reasonably good shape and probably going to be spurred on by the taxbill. Lets get to cnbcs eamon javers for a recap of eat vents. The president decided today to recognize that the capital of israel is in jerusalem breaking with longstanding u. S. Policy the president cast this as simply acknowledging the reality on the ground in jerusalem and said that he was fulfilling a Campaign Promise heres what he said earlier today. Today i am delivering ive j
Getting a nice boost from earnings well talk to the ceo in a cnbc exclusive, coming up another day, another record for bitcoin. The cryptocurrency surpassing 15,000 for the First Time Ever bitcoin has more than doubled in the past month its moving in thousanddollar increments now every day at this pace, the journal this morning says the it would end the year above 2 million, at this pace. Well, i think that people have to recognize that bitcoin is not created in huge amounts you can mine bitcoin using some nvidia chips or some advanced microchips but theres just not a lot of supply almost minimal at the same time, i have never seen a level of discipline of the buyers you obviously cant they must be afraid to short this thing. But the buyers are not letting things go. I mean, typically, you bring out sellers when you have this kind of parabolic move. Where are the sellers . I dont know. If were going to continue to have the same conversation every day, i think you and i and were going t
2. 48 our roadmap begins with futures on the rise as the tax bill passes the senate set to pass the house again. Well get the latest on what the highly controversial plan means for business and individuals. Fedex shares are up on strong earnings and ceo laying out how he believes the new tax plan will benefit his country. Bitcoin in bear market territory. Well look whats driving the wild xring swings and one crypto is out. One step away from the president s desk, the senate pass the gop bill along party lines after amending it because of a procedural snag legislation goes back to the house for a revote slated to take place in a few hours. The president will hold a News Conference afterward gary cohn, the chief white house economic adviser spoke to mike allen a few moments ago. This is what he said about taxes and how the stock market is spend responding. I think theres more momentum in the stock market. What do those two baskets tell you that tax cuts are not priced in the stock market
We, after kind of mixed not much going on yesterday. News of course a bit slow in some ways, european markets were open yesterday, many closed for both the christmas and boxing day holiday. You can see a mixed bag in europe, asia overnight also somewhat mixed. Lets get to the 10year note yield on crude oil and how were doing on both of those important market barometers. And you see wti down lets get to the road map this morning. It starts with the tax effect. More Companies Including barclays and shell outlining major tax linked changes to the bottom lines in the first quarter. The race is on for fed vice chair former bush era advisers reportedly in the running. Tesla t is in a direct challenging a tesla pickup could hit the road but does tesla already have model 3 problems . Stocks look to rebound from yesterdays decline. A number of companies reacting to tax reform. Barclays expects a writedown of 1. 3 billion on the annual post tax profits. Royal dutch shell sees a charge of 2. 5 bi