Its going to be a very big week for politics and money. Today, another impeachment hearing is being gavelled to order right now. Theres talk of an Impeachment Vote by the end of the week. Also today, the Inspector Generals report on what the fbi and doj were up to around the 2016 election. Wednesday, the Federal Reserve holds forth on Interest Rates. After that jobs report, very few expect rate cuts. Thursday, britains general election. Boris johnson, thats britains donald trump, expected to beat socialist jeremy corbyn. And by sunday, we should find out if more tariffs are going to be imposed on china. Any of those stories could move the market. Then theres peloton. The young woman in the now famous ad has found new life advertising gin. Personally, i think that exercise bike will be one of the holidays biggest sellers. We shall see. Get this. Monday, december 9th. Three weeks to the end of the decade . Varney company is about to begin. Stuart the young lady in that now famous peloton
Stitch fix is having its first trading day doing, well lets see, it started out higher it did dip below the 15 ipo price. Its just above that level right now. Does the Subscription Service have ha what it takes to take on amazon a you know there are 2,000 companies in the same business essentially. Im shocked that its that high, actually. Birch box does makeup, and my favorite is the one called bark box for your dog they send treats and other fun things each month. Sounds like its right up your alley i guess President Trump said that he was focused on fair and reciprocal trade in asia during his trip overseas. Larry kudlow is going to weigh in on what that could mean for wall street. And whether investors should be concerned. Larrys not real hes not exactly seeing eye to eye with the president on trade issues ri right now. Thats for sure. We begin today with media merger talks heating up, sources saying comcast and 21st century fox, some of foxs assets and the cable giant, comcast, may
Have an exogenous event that drags down the whole mark and always say this could be the opportunity to get your toe in the water if youve got some spare money lying around yet after senator marco rubio said he couldnt vote for the tax bill the market took a hit and dow ultimately dipping 77 points s p declining 0. 41 and nasdaq edging down 0. 28 . How many took this moment and treated it as a buy, buy, buy im betting most of you didnt i dont want to get in front of this d rail freight train. Not after weve rallied hundreds of points based on the idea this tax bill will pass yet, the risk of being a pollyanna, id like to point out this is precisely the kind of event that brings out mass sellers, especially in the s p 500 stocks, well, and then creates the momentarily proverbial sale. Sell, sell, sell. On coveted merchandise you would otherwise have to chase to own and always say, look, theres a store that throwing a sale in the mall and, hey, lets get mothballs and im a buyer. Same kind
That could affect everyone who goes online, and especially the bay Area Businesses that depend on the internet to reach their customers. Good evening, im dan ashley. Im kristen sze. Net neutrality is the principle that Internet Service providers treat all internet traffic equally. Today the door opened to changes. The fcc voted 3220 repe to rep rules that require equal cession. This decision will not break the internet. This decision puts the federal Communications Commission on the wrong side of history, the wrong side of the law, and the wrong side of the american public. Todays decision clears the way for Internet Service companies to charge users more to see certain content. And it drew Quick Reaction from bay Area Businesses. Netflix tweeted, were disappointed in the decision to gut Net Neutrality positions that ushered in an unprecedented era of civic engagement. This is the beginning of a longer legal battle. Airbnbs founder tweeted, an open internet is important for an open soc
An open internet is important for an open society. Chris nguyen has more. Reporter dan and kristen, officials are not holding back. The attorney for the county has announced his plans to file a lawsuit against the fcc in the coming weeks. In the heart of silicon valley, there are growing concerns over the fccs decision to repeal Net Neutrality. We depend on free and open access to the internet for startups, for innovation, for economic growth. Reporter Santa Clara County councillor James Williams is planning to file a lawsuit against the commission. The need for these rules has only increased in the last couple of years. Were going to challenge that action as violating the law under which the fcc is required to operate. Reporter san jose state Computer Science professor melody mo says the fccs argument for a free market made sense during the infancy of the internet in the early 90s, but that times have changed. Innovators really need to have their share of Free Internet so that they ca