Administrations tax cut dreams a reality. Lets get straight to ylan mui in d. C. With the latest. Reporter melissa, two big hurdles for tax reform are now out of the way the house passed its budget for 2018 just about an hour ago the Senate Passed its version out of committee. This is important, because once they reach a final agreement on the budget, republicans will unlock the special rules that allow them to get tax reform done without any help from democrats. House Speaker Paul Ryan trying to keep that momentum going this afternoon with a visit to a maryland factory he said tax reform is critical to helping american businesses build more, grow more, and do more get the rates down so were on par with the rest of the world. And encourage businesses to invest in their businesses in america. Reporter ryan was referring there to the move toward full expensing in a tax framework agreed to by the white house and republican leadership. That measure is highly controversial and very expensiv
U. S. Equity futures have been indicated higher after the markets were down yesterday. The first time in seven sessions that the dow and nasdaq were down this morning a rebound from that these were modest declines yesterday and this morning s p futures indicated up by three. The nasdaq indicated up by 2. 5 overnight in asia, we have seen some gains in some asian markets. The nikkei up by a half percent. How many winning streaks is that 16 in a row that weve seen for the nikkei now trading at 21,805. Hang seng closed down bay half p percentage point in europe, as you look at some of the early trading, you will see green arrows across the board. Modest advances. Ftse up by 0. 4 . The cac is up by a quarter percentage point the dax up by 0. 2 look at crude oil prices looks like crude this morning is up wti up by 444 ce cents, brent u 57 cents. News out of Chinas Communist Party congress, members confirm president xi jinpings status as the most powerful leader since mao by writing his name
Good monday morning, welcome to squawk alley. Im Carl Quintanilla with Michelle Carusocabrera and john fortt. Our sara eisen is off today. Joining us this morning, recode executive editor kara recode a lot to get to from tech. The big four testifying about their roles in the 2016 president ial election and russian manipulation, also reports russianbacked Facebook Accounts not only posted ads before and after the election, but organized events around polarizing issues. The f. T. Points out for all the attention on the social media giants, it may only be a matter of time before d. C. Regulators set their sights on amazon kara, its a little weird saying big techs under fire after a couple of sessions in which their earnings truly impress the market yep, thats why they are under fire, because they are big and they are tech and easy ma n nipulated. In commerce, digital, and everything else. I dont think its a surprise they are being targeted, because they are some of the most powerful compa
From three women about their experiences Running Companies and working to promeet increase ownership and nvrsment roles for women in American Business and industry. This is just under an hour. I know everybody is having a good time. And net working and moving the enterprise forward. We have two votes at noon. Well be on a short string here. That shouldnt in any way dent grate the importance of this hearing. Of the Small Business committee. And what were going to do today is explore ways to help women owned businesses reach their full potential and grow the american economy. I want to thank my colleague senator shaheen for working together on this. A matter of great importance to all of us. And to all america. Even though all america sometimes doesnt know it. Fair statement. As you know october is National Women Small Business month. Which sefbs as a great reminder that female entrepreneurs own more than 11 million businesses in the country. And employ more than 9 million workers. They
I know everybody is having a good time. And net working and moving the enterprise forward. We have two votes at noon. Well be on a short string here. That shouldnt in any way dent grate the importance of this hearing. Of the Small Business committee. And what were going to do today is explore ways to help women owned businesses reach their full potential and grow the american economy. I want to thank my colleague senator shaheen for working together on this. A matter of great importance to all of us. And to all america. Even though all america sometimes doesnt know it. Fair statement. As you know october is National Women Small Business month. Which sefbs as a great reminder that female entrepreneurs own more than 11 million businesses in the country. And employ more than 9 million workers. They contribute 1. 6 trillion in sales to the National Economy and capable of more as its Fastest Growing sector. Administrator linda mcman joined me in idaho. And we visited a number of Small Busin