Mornings with maria begins right now. Maria wall street journal Wealth Management reporter, secret of wealthy womens podcast veronica. Weve got the update too, mark cubans mavericks lost to knicks. Im coming back, we are getting the revenge game, yeah, he didnt do it, so. Maria it was close, though, i looked at the score in the middle of the night just to check it, just a point between them and then it went. The knicks won. Im sure mark cuban has a lot to say about that this morning. That was tough. Phase one deal, theres a lot of debate about that i just want to say the chinese yesterday were going to buy agriculture and the u. S. Side does not want to take away tariff increases planned in december, having said that, larry kudlow said they are close. The president is looking at it and the s p hit record territory. White house economic adviser larry kudlow says talks are in final stages but President Trump not quite ready to sign it yet. We have october retail sales coming out in 2 and
Bullish expectations before. To our stop story at hand. That is what nancy pelosi said or certainly seemed to insinuate in remarks made to reporters not more than 20 minutes ago. Blake burman on the implications of those remarks. What it means for getting anything else but impeachment done. Blake, what have you got . Reporter neil, when you take comments that nancy pelosi made specifically on the the on usmca on possibility Congress Passing that it seemed rather bullish. She said she would like to get it done this year. I ran that by a source in the administration, neil, emersed with all the talks involving usmca, trying to get it passed up on the hill. That source told me they feel that indeed things are happening. There are Smoke Signals right now but the administration is also looking toward a 4 00 meeting up on capitol hill among democratic leadership what is said after that meeting that takes place this afternoon. Nonetheless as it relates to pelosi and usmca she talked up the tra
I guarantee you built at least in part using workers david weve heard that before. Im david asman. This is bulls and bears. Joining me is jonathan hoenig, kristina partsinevelos, steve moore and gary kaltbaum. 2020 hopeful warren escalating her war on the wealthy this time targeting four successful billionaires in the new ad that includes money manager leon cooperman, Td Ameritrade founder, former Goldman Sachs Ceo Lloyd Blankfein and a venture capitalist. They have all denounced warren and her wealth tax plan. Heres how billionaire mark cuban responded on mornings with maria earlier. Listen. I did the math and her 6 wealth tax would cost would require me to pay more after the first year and a half than i have in cash. And so i sent an email to one of the economists and i said look, did you guys do take into consideration liquidity when you defined your wealth tax . Thats a good question. They said no. David the question is will voters do the math . Will the Voters Decide the wealth ta
Data check for you. Stoxx 600 pretty flat this hour. Fourth of july low volumes waiting for payroll data from tomorrow. Outperforming. Yields areyear certainly worth talking about. Yields have dropped below the 0. 4 level, below the ecbs deposit rate. Weve got gold still acting as a haven above 1400. The dollar index not moving all that much. President trump doesnt like the strength of the dollar. We will talk about that. Wti not reacting positively to the production cuts extended by opec. Lets take a big picture look at what is going on in these markets now. The u. S. Stock market closed for trading for the july 4 holiday. In europe, equities continue little changed while investors search for direction and await u. S. Jobs data. We are joined now by paul markham. Very good morning afternoon, in fact, here in london. Valentin, lets come to you first. It does feel like risk off is back on. Currencies are outperforming low yield ors. It remains to be seen whether that positive feeling wi
Apple releases its anniversary iphone. It has better cameras, can do augmented reality and it recognises your face. But is it worth the wait . And is it worth the cost . And were at the frankfurt auto motor show, where more weird and wonderful cars are unveiled as the worlds leading makers race to plug in. Welcome to World Business report, im sally bundock. Also in the programme toshiba shares dive again in tokyo. Well be live to the region to find out why. But first. This year is the tenth anniversary of the iphone and the latest version has a new screen, new camera, no home button, and a big price tag of 1000. But will it be enough to drive growth at the worlds biggest listed company . The firms share price has soared over the past few months. Since december last year its climbed more than 50 and is nowjust over 160 a share. But not everything is well at the tech giant. Its been struggling in china, where its losing market share to competitors. In the last quarter its revenue in the