Our road map begins with 5 ge, its a big rebound next year shares are rallying. A pushback when a study finds elizabeth warrens palestinian would be nearly 30 less than projected. That tariff deadline is looming as the president prepares to meet with top trade advisers today lets begin with apple shares are down more than a percent on the heels that credit swiss saying iphones did drop 35 in coin. Analysts warning of the ongoing tariff threats they do couch it, jim, saying there is some seasonality. The timing of the calendar slightly up. The second double g digit in a row. They do, an important photo they talk about tariff costs will cost 67 more in the United States for an apple phone. This is definitely a negative. I always say own it, dont trade it i need to know more. I know a lot of these different surveysent whats really going on in china is inaccurate. The narrative implies the Chinese Government doesnt want you to buy apple when i read this, thats certainly how i feel they go
Ten year 182 road map begins with the record one for stocks dow set to try to climb above 28 k at the open. S p in the midst of the biggest longest rally in two years executive shakeup at tmobile as ive been reporting for months now, john ledger is set to step down as ceo. Next year. The shares are moving lower ahead of the open. Fedex versus the New York Times. Fred smith challenging the papers publisher to a debate after its expose alleging the ship giant paid no taxes in 2018. Next hour, an interview you wont want to miss snap Ceo Evan Spiegel joins us exclusively. Lets start with jim and his big week in san francisco. Jim, the guys on squawk just asking you how you got out there so quickly after the eagles game last night. Well, philadelphia too has red eyes and my eyes are red from crying because the we had a chance to be able to really seal our fate and we sold it already in the wrong way. You want to come out here during dream force. Everybody who is anybody does come out and i
We start in washington where in the next few hours President Trump is due to meet chinas chief negotiator vice premier liu he to try and negotiate an end to the trade war that has rattled the global economy. Or at least, to stop it escalating any further. The us and china have threatened to hit yet more of each others goods with import taxes or tariffs starting next week. Without a deal by mid december almost all chinese goods imported into the us, well over half a trillion dollars worth a year will have been hit by punitive taxes. That would mean much higher prices for the thousands of consumer goods made in china even us brands like iphones in the run up to the key christmas period. It would also mean big taxes on the vast majority of us goods imported into china some 110 billion worth, to give you an idea of how this impacts businesses. Two years ago the average tax on chinese goods going into the us was 3 . By mid december it would be this, 24 foreign goods going into china are tax
Power lunch starts right now welcome to power lunch kelly, come on over and deliver, the news power lunch, that is welcome everybody. Check out the rally. Its a big one today the dow and other marks kind of taking a pass yesterday on halloween. Today up about a percentage point. The dow more than 200 points higher s p back in record territory the nasdaq launching a record high as well its first since july take a look at apple which we were talking about with josh as it launches its streaming service today. The shares are up 60 . 6 60 . A strong jobs report and some encouraging manufacturing data pushing stocks back to record territory today lets get to bob who is following the action at the new york stock exchange. Kelly, we have gone from fears of a recession in 2020 to a belief the Global Economy would be a little bit slower in 2020 but todays data has taken the edge off of that slow down narrative we have been talking about. The october jobs number better than expected. China manufa
On closer inspection, mr speaker, it is nothing more than fools gold. Lets get on with the proposals, with the measures announced in this queens speech. Lets get on with out queens speech. Lets get on with our vision. Lets get on with our vision for a britain where fairness and balance are at the heart of what we do. Well have the details, and well be asking if the queens speech could be rejected by mps, renewing calls for a general election. Also on the programme. Hundreds of colleagues, friends, and family attend the funeral of pc Andrew Harper, who was killed on duty in august. Syrian Government Forces take up positions within the range of turkish artillery, hours after striking a deal with the kurds. One of britains most notorious paedophiles, who abused as many as 200 children, has been stabbed to death in prison. Iam i am Rebecca Jones, here at the magnificent guild hall here in the heart of the city of london, where the great and good of the book world will soon be gathering to