London, we will go to london shortly to report on that terrorism attack. The nikkei average overnight up a half of a percent but the others mostly lower. The push per tax reform is continuing. The commander in chief insisting his plan will not benefit the wealthiest americans once again. This is not the benefit the wealthy. This is to benefit the middle class and to benefit companies where theyre going to be producing jobs. We want to produce jobs in this country. Maria more on the administrations tax reform plans coming up this morning and could the Equifax Breach keep you from getting an iphone. The new concerns surrounding your credit score, equifax once again down 2 . All the stories coming up this morning and joining me to talk about Dagen Mcdowell, Jason Chaffetz with us and fox news contributor, former economic adviser to president Obama Robert Wolf is here. Great to see you. Good morning, thanks for having us. Maria we have breaking news right now. We are following breaking new
As stronger yen sparks fears over the bank of japan going deeper into negative Interest Rates. Thats something that spooked the market before. Well look whether this last for banks. Our yields have gone lower as well. The white house meantime this may be one of the reasons the selloff, the white house this afternoon saying treasury is working on even more steps to counter tax avoidance after the changes to inversion rules they announced earlier this week and ceos were showing you there are speaking out against antibusiness rhetoric as they see it. Well tell you what they are saying and we have two Business Leaders here to debate the issue of whether the u. S. Is losing its Global Competitive edge. That really is one of the reasons were down 222 points. Searching for the next great business leader, under armour ceo will join us, his stock price is coming up as well. Lets get to the closing bell. With us, ann meletti, brought the rain with her and rick san telli and keith brliss. When yo
Economies theyre watching closely. Well get you the latest from the crown prince and go live to saudi arabia. Perrigo ceo joe papa is out, hes heading to valeant. And surprising sales number from the apple watch on its first birthday. Well break those down and get a preview of apples earnings tomorrow. The three major indices in the green for the month the dow leading the pack up. Saudi arabias cabinet approved a plan laying out economic reform priorities for the next decade and a half aiming to reduce the countrys reliance on oil, a partial ipo of the stateowned oil company is part of that plan. The saudi deputy crown prince expects to be valued at more than 2 trillion. And then they argue by 2020, guys, country will not be as dependent on oil as it is today. I question the whole notion of dependence. Because if you go over the slumberje quarter, talks about how theyre really the only country that has swing capacity. No other country in the world has the ability to put out another 2 M
Of its own. We have a lot of stories to get to this cyber money. Have you bought something online today . Fess up. There was a browser open to lord taylor open when i got back. Just happened to be. It wasnt me. Someone upstairs was looking around. They were among the other 3100 people expected to buy something online today. Were tracking real time cyber monday numbers from ibm. Well look at Retail Stocks that could be the biggest winners from this Holiday Season. Thats right. Amazon, speaking of which, is channelling the ghost of christmas future as ceo sees drones delivering presents. How would he ever get government approval to use air space in this way . Some d. C. Insiders say he might have an ace up his sleeve. Its fascinating. You missed that report last night, but that is the jetsons coming for real here. To watch these drones. My question is, if i buy a drone from amazon does it deliver itself . That would be a drone delivering a drone. Like a 3d printer that prints in 3d. A na
Nationalistic rhetoric in russia. At the same time, of course, we have a top commentator talking about nuking america and yet there are some who say the russian market is too cheap to pass up. Well look at that. Well look at the investigators, the russian etf trading under the symbol rsx. Its down 23 just this year, but as youre saying, weve seen the russian market bounce back today about a 5 gain on the rtf. Well look at that. Also deja vu all over again for housing. Adjustable rate mortgages are apparently back in vogue even in this low Interest Rate environment. Very counterintuitive. Some experts warn it is a new ticking time bomb thats sure to go off in a few years when rates are inevitably likely to go higher than they are right now. Well have a full report on these new mortgages coming out right now. And so the Dow Jones Industrial average adding 180 points today. The nasdaq adding about 40, almost 1 there. Same for the s p 500 which is up 18 points. Pretty much across the board