Coverage of this storm we are in Bonita Springs and Jackie Deangelis out there and diana olick north in atlanta we want to start right now with carl good morning to you. Reporter good morning to you. As becky said, the storm is very much a force in northern florida, will be in georgia later. Were in southwest florida landfall was southwest of naples were on a bridge overlooking one of the waterways the good news if you can call it that, the estimates of storm surge, 10 to 15 feet, didnt really happen. You have all of these condos, hotels, gated communities that dont look that much different from the pictures that we shot here yesterday of course, im going to give that a big calf fee at given we dont know the fate of tampa and tampa bay. When this was considered to be a doomsday scenario in miami beach, the impact there was very real, when it was considered to be a direct hit, that was a high end real estate story. That picture remains true. A lot of these homes out here, mental heal mu
I will try to pick up the baton here. Dont know if any took a peek at the New York Times. They view the whole tax cut, a total waste of time. Benny to the wealthy. This is not just New York Times. Playing out in one mainstream publication after another. Always gets left furious. Trump under fire over huge tax cut for the rich. Billionaire friendly tax plan. Trump opposes giant unfunded tax cut for himself. Then there is the issue of mainstream broadcast media. What they had to say about this. Take a listen. Proposed cut Corporate Tax rate focus after the love attention tonight, among the prime beneficiaries businesses like president rumps. On paper everyone in for a break. Personal income taxes. Corporate tax, savings for the rich and dead, but nothing how to impment ioray for it. Neil did you hear that, for the rich and dead, the la latter reference to the estate go away. Dead by the way already paid taxes so their heirs are taxed again. How is that for for a zinger . Does tax plan he
Good job. It then the past hour he has invited him to a Senate Intelligence meeting next week. This is really starting to ramp up. The surprise removal setting up a firestorm of criticism. But what does the former trump supporter say now . He is a man of integrity into here. They demand the special prosecutor. And the republicans saying it was long time coming. Fair and balanced. In the democratic congresswoman Sheila Jackson lee. They will gain what happens. One woman is pressing on. The allergy kit founder. Known as the Aaron Brockovich a food allergy. It still cost too much. Tell us exclusively whether she enter Group Support the house healthcare bill. You see them down 50. Maybe tentative. The nasdaq was on track for its fourth Straight Record close. Lets start the countdown. We have this breaking news. The upheaval in washington is doing nothing to halt the nasdaqs recordbreaking climb. More than any other index and we still are not flowing down. It has been quietly happening but
Lutnick and doug cifu to tell us how the increase in passive investing is impacting their businesses. And macys is reportedly considering putting a part on the Flagship Store in new york city. Were so desperate for grass, i think people will go anywhere in this city, central park gets a little crowded and 34th, they could use some grass in that area. Go up to macys now, you can find it. But is that the thing thats going to get people into the store if theyre going up there . Anyway, the reason we showed you a picture of daymond john, hes with us today, of course, from shark tank and a very, very successful entrepreneur on his own, especially when it comes to branding. And were going to talk about branding in retail among other areas, coming up with daymond in a little bit. But first, we begin with this decline in oil today. Here go the inventory numbers, wreak havoc in the oil markets again. Jackie deangelis is at cnbcs commodities desk with that. Jackie d. . Hey, bill. Crude oil break
Strongest print in nearly three years. Busiest days of earnings the ceos of dow chemicals and ceos are with us higher in the big market. We have more clarity on media nma as it reports to via come. Futures in the green following a day where they all posted record closing highs. So again, it is the busiest day for earnings this season, two tech joints were keeping an eye on, twitter. Users were flat quarter on quarter. Facebook beat the streak last night. Boosted by greater advertising revenue for the mobile app twitters down 10 this morning in the premarket, jim. Im not one to take the other side of the trade. Stock was running for heaven knows what reason. Because i think the daily average users were pretty good, and i think it might be an inflection point, the revenues been going lets say, well call it the second derivative, theyve been going down less and the pramting is looking up i see advertisers coming towards it the new programming is doing well they have burn off on the others