Movement. Good afternoon, welcome to the National Press club. The place where news happens. I am the 112 president of the National Press club and i am the investigation editor at the associated press. We have a terrific program ahead and we invite you to listen, watch and follow along on twitter at the npclive. In the audience today, there are members of the general public in addition to journalists. Any applause or reactions you hear are not necessarily from the working press. I would like to begin by introducing our head table, please hold your applause until all the head tables are introduced. Vall valerie jackson. A member of the National Journalism institute. Board of directors. Next is debbie. Adam eaton. A reporter at e e news. Next is Elizabeth Mcgowen a reporter at the energy news network. To my immediate right, a former npc president and the cochair that organized these events. We have amanda bennett, the director of voice of america and this years National Press club state h
Road map begins with records, records and more records the dow within striking distance of 29k for the first time. Plus hiring did cool in december but unemployment is at a 50year low and job gains extended for a record ten straight years, so whats it going to mean for the growth in 2020 plus these damning documents newly revealed boeing messages reveal efforts to manipulate 737 max regulators todays december payrolls number means 2. 1 million jobs were added last year, a slowdown from about 2. 7 million in 2018, coming in at 2. 9 year on year threemonth average, jim, 184 now and we got some milder visions down to october and november one of the things thats missing that makes this difficult for me is boeing boeing is such a big part of the gdp and i dont know which part, manufacturing little changed in december, how much that is boeing because everything has to be asterisked i think thats how big boeing is for the economy. It doesnt reflect this. I mean, youve got the wrong areas gett
Higher than expected. Plus tesla shares, well, they continue to have a very rocky ride this year. In fact, they are the worstperforming stocks so far on the s p for 2024. Another firm cuts their price target on that stock. And former treasury secretary Steven Mnuchin telling cnbc just last hour that he is putting together an Investor Group to try to buy tiktok or the u. S. Business of tiktok. Lets begin with the Market Reaction to ppi and retail sales as well. Last months decline, a little bit tight. As you mentioned, the market trying to look past it, struggling to do so, maybe. Cpi this week, you had these big treasury auctions that maybe we thought it would knock the market potentially off course. Now, there was a hiccup lower in the indexes, and bonds definitely are registering this hotterthanexpected inflation number. Tenyear up to 4. 22 . If this were an acutely feddependent stock market, it might matter more on a daytoday basis to equities. Its not been the case. If you dial bac
Screen. You can audition your favorites to really great ones, kitty cat, expressive and ferocious. Liz ferocious, were going to show you way more of this. The noahs ark of the new features that are exciting the apple faithful in the crowd. Tim cook unveiled iphone 8 and 8 plus, they will feature the a11 bionic chip and wireless prices start at 699. Were going to break out the hottest details, engage whether the new phone group shoots apple into a brandnew stratosphere of ingenuity. Whether its apple, samsung to photograph the damage to their lives. Millions struggling at this hour to get back to their homes and businesses to assess the damage of Hurricane Irma. Were heading to south beach to find out when miami beach, a crucial commerce area may be back open for business. And President Trump pressing for tax reform and putting it in high gear. Blake burman whether the Republicancontrolled Congress will be willing to play along or whether the democrats are the fuel for this engine . All
Our road map with more retail reports. Lowes and target disappoint. But there are some retailers bucking the trend this morning. Well fill you in. Plus, Donald Trumps campaign shakes up its staff again. Trump doubling down on his strategy for the final stretch. More upsets in rio, more medals for u. S. Gymnastics. Well get the latest olympic tally from andrew in brazil. But first up, stocks are looking to rebound from their worst session in two weeks after posting record highs on monday. Wall street awaiting the 2 00 p. M. Release of the fed minutes from last months meeting. Meantime yesterday, new york, fed president dudley and atlanta fed president lockhart said a rate hike is possible at the fomc september meeting, guys, only question is whether that hawkishness is going to be reflected at 2 00. Yeah. I mean at 1 00 first when James Bullard talks and then at 2 00. I think its been a noisy message from the fed officials not just because of what theyre saying but theyve been consisten