Connell good day in new york on wall street. The dow was up. Even though some in his own party dont like the agreement to raise the debt ceiling exchange for harvey funding. They were buying on the dip we saw yesterday. Right now to another important and developing story. That would be Hurricane Irma. Its sustaining category 5 wind causing widespread damage. Already flooding in the caribbean, the virgin islands. Puerto rico getting hit. It could directly impact the bahamas and maybe cuba as a major hurricane the next couple days. We are concerned watching florida. The florida keys and the east coast of the state. The entire state of florida is under a state of emergency. We have time stamped this so you get to thursday as a category 5. Friday, and early friday morning, it may weaken a little bit. If it weakens to a category 4, how much of a turn to the east do we see . Does it head up toward georgia, and South Carolina and hit miami directly. Thats a question we havent gotten a real an
Christmas. Meantime they get 8 billion of aid going to texas. That is why were hearing right now of vote could be very imminent in the United States senate. It is expected to pass, with a lot of shaked nerves and a lot of tickedoff people. The market nonplussed by all the developments as stuart points out. The read that this is president firing a warning shot to republicans, if you dont clear the decks to get this tax reform thing done i will work with anyone and anyone who can. What is the business fallout from this . Who better to ask another billionaire entrepreneur, not president , rumored to be considering the job, Dallas Mavericks owner mark cuban. Joins us on the phone. Thank you for joining us. What do you make of this arrangement the president just had with democrats . Pure classic donald trump. I thought it was really smart. The thing about being a seas american like President Trump is, you want to keep deals alive. The biggest fear a salesperson has a deal would die. Working
Follows the release of the white paper from his Firm Yesterday on Procter Gamble in which they have a 3. 5 billion stake. Lets see if we had set up for what appears to be a lower open at this point. The broader averages down ever so slightly. Things were mixed to a certain extent some what mixed action there as for euro zone indices, they have been done and you can see again mixed because i like to add germanys dax is up ever so slightly the ten year note yield has been the story for the entire week and it still is at 2. 05. Of course pressuring equities when you think about the financials theres wti and brent. Lets get to our road map this morning. It does start with that hurricane. Hurricane irma bearing down on florida and government Officials Say it will devastate the United States. Plus that massive data breach equifax reporting a cyberattack potentially compromised the personal data for nearly half of all american adults. And nelson peltz unveils his plans to shake up Procter Gam
As early as sunday morning. Widespread evacuations are under way. Its expected to bring catastrophic devastation across the entire state. First the Fox Business Networks jeff flock joins me live from daytona beach, florida with the latest. Geoff great to see you. Sorry you are back in the midst of a hurricane. We are on beach street and perhaps you see each of the businesses we see here have the boards up. Its raining right now, but that has nothing to do with the storm. Thats another system coming off the gulf. We are getting pelted. And well get pelted a lot more. This is the scene across much of florida. People rushing their preparations to completion here. Ill take you out to the roads as well. Those that arent battening count hatches are on the roads trying to get out. I95 in pretty good shape. Some of them, the turnpike is backed up. Perhaps you see these folks in the rain with the hurricane barreling down on them doing their best to get themselves ready for what by all accounts