I need a hero welcome to power lunch. Im Morgan Brennan the stocks are holding steady. We have a mixed session. Two more trading days to go in september, the dow and s p 500 are on pate for an eighth straight quarterly gain. Mcdonalds giving the biggest boost to the dow today the transports hitting another error intraday high well drill down on some of the big movers roku, stock of the day, this is up 50 on its ipo debut. Also keep an eye on mccormaiccck we begin with washington, President Trump unveiling the longawaed tax pla promising tax cuts today House Speaker paul ryan and the top economic adviser came to squawk box to push the plan ylan mui joins us with the latest. Reporter it will have to go through the sausage grinder before it can be legislation, gary cohn was very clear on cnbc the 20 corporate rate is nonnegotiable. Speaker ryan was equally clear that the house is committed to hitting that number. Look, when we polled the border adjustment from our build back in the middle
Lauren unmixed rally in technology. And chinas shanghai composite down three quarters of 1 . Cheryl you wont believe what happened to an apple engineer after his teenage daughter video of the iphone 10. Fbn am starts right now. Lauren at fbn am right now. It is monday, october 30th. Thank you, mr. Cheryl i was in the apple store last night that last night. Employees arent even supposed to work will be in the store early because they want to get their hands on the tent. They havent even seen it. Lauren was good at this breaking news. Arrest likely coming today Robert Muellers investigation into alleged ties between the Term Campaign in russia after cnn reported on friday a federal grand jury has approved the first charges in the inquiry led by special counsel Robert Mueller. Trey gowdy sending mueller for allowing the media to learn of the development. We dont know whos been charged, with there being charged for. It was stressing to hand the importance of cutting out the leaks with resp
Among many lawmakers to update the legal parameters to update their operations. Mathis and tillerson told the panel three months ago 2000 law gave the authority ample authority to fight terrorist groups. Periodual enrollment wednesday comes with new measures by the Trump Administration to scale back house law. The administration is slashing advertising for counselors. And lowering consumer costs expecting to push premiums higher. France president Emmanuel Macron has signed a counterterrorism law that places the state of emergency first imposed in november 2015. The bill, which takes effect migrants Law Enforcement Additional Authority to conduct searches and close religious facilities. It has been extended six times. 24 hours per day powered by 2700 analysts in more than 120 countries. Live from bloombergs headquarters in new york, im julia chatterley. From the30 minutes close of trading here in the United States with the s p 500 index retreating. Corporate tax could occur over the spa
Under this plan, maybe a lot more. You have a lot of concerns, including Paul Manafort, former Trump Campaign manager, a 12count indictment will land him in court 1 30 p. M. Eastern time. When he is there, we are there. Turning himself in charges that predate his experience with donald trump and financials ties, misstating money. White house brief, at normal, one p. M. Eastern time. Blake burman, with the very latest from the while house. Reporter hi, neil. Paul manafort and his business associate rick gates will make themselves to the courthouse in d. C. Shortly at 90 minutes from now at 1 30. When you read through the 31page indictment, 12 different counts. You can oil it down to the following handful. The feds alleging that manafort engaged essentially in tax evasion and tax fraud. They say there was Money Laundering on behalf of manafort, to the tune of 18 million. They say he lied to doj investigators when asked about. They claim he did not register as foreign lobbiest. When you l
Coverage and reaction from new york, washington and london this morning. Also following another story. Details that the tax plan for a day. Top earners will not get a tax cut. Global stocks rallied overnight pick the dow for. 3 for the month about toepfer watching seven straight months of gains. Futures pointing decidedly higher. Europe stocks opening the day higher. The ftse higher by 27. Dax and germany higher by 106 22 points this morning. Trying to japans nikkei up by 20 thanks to sonys earnings and south korea kospi jumping on. 3 buy samsung. Fbn am starts right now. Lea 5 01 a. M. In new york on wednesday, november 1st bid good morning. I am Lea Gabrielle in for Lauren Simonetti this morning. Cheryl im Cheryl Casone this morning. New york city waking up for new details of the deadliest terror attack. 29yearold knowing down a crowded cyclist with the home depot track leaving a dead, 11 wounded. He targeted popular bike path we all know near the World Trade Center. In Critical Cond