First Vice President ial debate. What to expect, coming up. Markets are higher, take a look at futures, a gain in the triple digits this morning, the dow industrials up 129 points, nasdaq up 43, s p 500 higher by 13. This after markets fell yesterday after President Trump walked away from the stimulus talks with Speaker Nancy Pelosi. The president tweeting no more stimulus talks until after the election. Causing an afternoon reversal. The dow industrials down 376 points at the close, the nasdaq lower by 177 and the s p 500 down 47. Briefing bracing for impact, hurricane delta churning toward the gulf coast now, some Southern States declaring a state of emergency. Raining reining in big tech, lawmakers weighing whether or not top tech firms should be broken up. Getting away from it all during election week, the 5 underground adventure to get away from it all making a buzz this morning. Mornings with maria is live right now. European markets this morning look like this on the heels of ga
in what led to that aggressive unprecedented action taken by the fbi? we know former president trump seemed to be corporating with the feds regarding his presidential records. his team had already transferred 15 boxes earlier this year but the wall street journal reports things started to escalate earlier in the summer. what changed? newsweek claims there was someone inside mar-a-lago that told them exactly where they could find more documents. the magazine writing this, the raid in mar-a-lago was based largely from information from an fbi confidential human source, one who was able to identify what classified documents former president trump was still hiding and even the location of those documents, meanwhile, attorney general merrick garland is under growing pressure after the judge who approved the raid is refusing to let the d.o.j. stay silent. he s not giving the department until monday to answer requests to unseal the search warrant. that sounds like a call for tran
Insurance companies, the private Insurance Companies would price in the risk. If there was money to be made by pricing in risk, they would do it. This is what we need. Its kind of ridiculous that all of the american taxpayers should be on the hook for National Flood insurance, as tragic as this situation is. Look, the all time record for a flood payout was 20 billion. Hurricane andrew in 1992. That was a cat 5 hurricane. Had it hit miami, there are estimates it would have been 200 billion. Thats a lot for even our federal government is to absorb. David it is. And bruce, already, the National Flood Insurance Program is 23 billion in debt. This storm could make it go up another 10 to 15 billion in debt. There doesnt seem to be any end to it. Well, here is the problem with private insurance managing big risks and so forth. Theyre only good at it, until theyre not. You can look at that in other industries, whether it be aig in financial or health Insurance Companies that did well in the fi
Insurance companies, the private Insurance Companies would price in the risk. If there was money to be made by pricing in risk, they would do it. This is what we need. Its kind of ridiculous that all of the american taxpayers should be on the hook for National Flood insurance, as tragic as this situation is. Look, the all time record for a flood payout was 20 billion. Hurricane andrew in 1992. That was a cat 5 hurricane. Had it hit miami, there are estimates it would have been 200 billion. Thats a lot for even our federal government is to absorb. David it is. And bruce, already, the National Flood Insurance Program is 23 billion in debt. This storm could make it go up another 10 to 15 billion in debt. There doesnt seem to be any end to it. Well, here is the problem with private insurance managing big risks and so forth. Theyre only good at it, until theyre not. You can look at that in other industries, whether it be aig in financial or health Insurance Companies that did well in the fi
Happy friday welcome to Worldwide Exchange on cnbc. Im sara eisen im mike santoli in for wilfred frost. Before we get to the markets, breaking news to tell you about. The Russian Military says it may have killed the leader of isis in an air strike in syria. The Russian Defense minister says he may have been killed in an air strike late last month just outside of raqqah the u. S. Is not confirming these reports. Well continue to follow developments on this breaking story. Now we can check on the Global Markets. After another selloff on wall street, tech stocks moved lower yesterday as has been the case, down about a half percent. The overall market was down less than that. Things are looking up this morning in the futures market. Dow futures up 40 points s p up 5 nasdaq up six. Lets show you the tech stocks in the premarket thats been such a driver of the action lately with the nas dak starting to underperform it looks like theyre firmer as for the tenyear treasury note yield, slightly