For a temporary spending bill. The crucial vote could come within the hour. Well bring that to you live. Meanwhile, more companies are announcing plans for how they will be spending their tax savings. Trillions in tax savings but does it all translate into more jobs and growing wages for you . If you thought traffic was bad at thanksgiving, wait until you hear the latest what to expect this holiday weekend. Melissa oh, no. David yes. Melissa you need cocktail. No, im kidding, not if youre driving obviously. The dow surging to a new record high after two days of losses getting a big boost from the highest Third Quarter gdp reading more than two years, three years. Up 3. 2 . This is the first tame weve seen backtoback quarters with more than 3 growth since 2014. Lets go straight to Nicole Petallides on floor of new york stock exchange. Nicole, where the major afterring as, theyre back in the green. There you go. As we look at record closes for the dow, it had to be above 24,792. Oh, no,
Sort of analogous to portfolio insurance in 87. Stuart not like you to engage me in conversations in the first minutes of your show but i will tell you neil im kidding. Im kidding. There is always sort of a monday morning quarterback that comes back to look at weird things prior. You and i can remember the whole portfolio insurance thing of 87. Just me, just me alone, all these Creative Products that are meant to sort of cushion the blow of just Market Forces end up creating the crisis to begin with . Stuart all i will say is, neil, dont ever come on my show with that stuff, you will get the buzzer throughout. That is a fact. I should have taken your question seriously. I got a car waiting for me right outside. It is warming up. Neil lizzie would appreciate my curiosity on this. Liz yes i do. Neil talking to the wrong person amounts soon as the papers were cleared, thats it. Thank you, my friend. I think stuart is absolutely right to say im obsessing about something so arcane. We didnt
What the president is going to talk about at the World Economic forum. Reporter one for the general also. General mcmaster, there have been reports in the news recently that leaders authoritarian leaders in other countries particularly Southeast Asia are using one of the president s favorite phrases, fake news, to describe reporting that is not flattering and reflects poorly on their country and reports inconvenient truths, and President Trump has made a point of not publicly talking about things like human rights and freedom of speech, freedom of expression. Is he concerned at all, or are you concerned that the president s rhetoric combined with his silence on these issues is creating a climate where authoritarian leaders feel they have free rein to do what they want and the United States will not speak up publicly . Well, just not true. Just not accurate that the president has enspoken loudly both in words and indeeds and against those who violate human rights. Go to his speech he de
Deduction. And other special interest loopholes. That have been so good for wall street investors. Trish why are the loopholes still in there in the senates plan . Whatever happened to draining the swamp . We are asking new york republican congressman Chris Collins. Look at empty seats at nfl games yesterday. Mr. Roger good dell, the commissioner is asking for a new contract. Wait until you hear how much money he is demanding on capitol hill. Adam, you know, i have said, there are some elements to this, that are very good, very positive. There are other things that are not so good, things they ignored. Where do they stand now . Reporter a lot of fighting and debating in the Senate Finance committee. They pass something the senate will vote for, almost soon as possible right after thanksgiving. That is what were being told on capitol hill. Then the house and senate will fight over reconciling their two bills. Get where we stand, especially the president. He did tweet not to long ago whe
Coming up, chief architect of obamacare sikh emanuel. Who is to blame. Massive cyberattack crippling 12 countytries and two american companies. British hospitals forced to turn patients away because of the outage. Reports are that the hackers used leaked nsa hacking tools. Latest on dissing story. David merck and among the dows biggest drags. We have breaking news on unprecedented global cyberattack. We heard a little abt it from melissa. It is now affecting fedex and microsoft in a big way. Ashley webster with details from the new york stock exchange. Ashley, this could change fortunes of some companies. Ashley certainly could, david. Massive attack in europe and asia. 12 countries at last count. You mentioned individual companies. Fedex certainly one of those affecting. They say their windowsbased system has been interfered with. Theyre not say you how widespread the problem is whether it is impacting deliveries. They say they will deal with it as quickly as possible. Microsoft has r