Fivemonth wing strning streak o far. Its the busiest week of earnings season with more than 160 s p 500 constituents reporting. Merck, pfizer, uber, jetblue, marriott, caterpillar. Weve got a lot of different earnings reports to get to this morning. I mentioned caterpillar. It did top estimates also lower sales and potentially tighter margins in the Third Quarter. The companys ceo will join us later. That is just the bearish they had a great number. Well talk about the fact that they dont even have enough product. The bears like to get to it very early. This is routine. They did it before they took the stock down from 230 all the way down to 206. Jim, what we spoke listen, the bears didnt know what they were doing then the stock went straight up to 265 im absolutely happy to deal right at the front. 2 top line revenue growth, 22 . Thats called good. I didnt mean to get right into im not disputing its good it is good the only question is whether or not the stock has already accounted fo
This morning. Im boris sanchez. Merry christmas. I hope its been a Magical Christmas morning so far, im amara walker. Just ahead this hour, it started as one familys idea and it grew into a global brand. The inside story behind Elf On A Shelf and whats next for one of the worlds biggest christmas traditions . And the holidays are a big source of joy for so many but they can also bring up sad feels are or painful memories. We have tips to help you deal with the holidays blues coming up. First lets get you caught up on the mornings headlines with whit n whitney wilde. Good morning. We begin with the brutal weather storm keeping its grip on most of the country. At least 22 deaths are blamed on the storm. The weather is causing severe travel headaches. More than 3,400 flights were cancelled yesterday and another 1,200 cancelled so far today. Governor hochul says she will declare of the federal government a declaration of emergency. Paolo has more. Reporter here at ground zero, driving is n
Say that certainty is needed by states to repair the nations infrastructure. We want to return to you turn to all of you and say what are your infrastructure needs. If you live in the Eastern Central part of the country dial in 202 7488000. Mountain specific dial 202 7488001. If you want to join the conversation on twitter or go to facebook. Com. You can also send an email. The phone lines are open and we will begin with the Washington Times. The highway funding bill stuck in limbo as the august recess quickly approaches. Kevin mccarthy shut the bill to a sixmonth bill. Saying even if the other changer gets it done chamber gets it done this week it would be impossible for history is to study a thousand page deal before the house leaves thursday night. The majority leader announced that his side are a past a fivemonth road bill and last night they introduced a threemonth extension. Senate negotiators barreled forward anyway saying that congresss reliance on shortterm patches has passed
First alert neighborhood weather with meteorologist krystal klei and the most accurate forecast in town. Youre tracking some wintry weather . Thats right. For some. Others seeing rain. All of us are colder than average for the end of march. Getting ready to move into spring. 39 in philly. Thats better off than areas like the suburbs sitting at 32. New jersey 33. Same deal in Lehigh Valley. 40 the temperature in delaware. You can clearly see the zones and they may flirt with a few snowflakes versus ones seeing rain. Right now live look outside throughout our neighborhood shows still dark and not a lot falling on the camera lens at this point. I dont expect there tube lot falling as we go through today because this is so scattered in nature. Radar and satellite shows us whats going on now. Some snow passing by the north and west zones. This is very, very light at best. Same deal as we see the green thats scattered across the board. Very light rain. Theres the closer look. Bucks, montgome
The finance minister of new zealand said no point in trend to get involved in the currency. Trying to get involved in the currency. Alix Central Banks ineffectuality. Later, we will have alibabas cofounder and chairman. First, we start with the markets. To me, it was that move in the fx market. Jon futures marginally positive in the United States. In europe come out performance in germany with the dax up. 7 . The ftse down. 25 . In next dividends today. Dividends today. New zealand kiwi, even with a rate cut. The market screaming, give me some more. We got 15 billion worth of inply and auction auction. Solid demand and a huge component of that was in direct bidders indirect bidders. Alix will they be selling Going Forward . Lets check in with our Bloomberg Team for indepth coverage. And curran, guy Johnson Steve yaccino. Want to start up with the move we saw in oil. We saw a huge move down as the iea came and went came out with its monthly report. Enda the report was quite mixed in its