The deduction for state income tax, thats a very big deal, look like its gone. Deduction for property tax, probably stays. Middle america gets help and so does business and 1 does not. Apples profit after facebook, amazon and microsoft, warning, dont disappoint, investors would slam apple and maybe the rest of the market too. It was the profits, huge number, 575 billion. Thats how much the value of stocks went up in october. Wow, indeed, ashley. Thats how a rally translates into dollars and cents. And then theres the federal [laughter] stuart i knew it was coming. Federal reserve, a new chair to be announced today. We are told it would be jarome powell, thats the judge, by the way, the most powerful banker of the world. We will leave it at this, powell raises Interest Rates slowly. Got it. [laughter] stuart done. Varney company is about to begin. Because of the sanchez success. Here is a ground ball, right side could do it. The Houston Astros are world champions. Stuart there you have
Closely. Anthony scaramucci and democratic strategist richard. Anthony, let me start with you. The night that focused on the economy. We have some economic pitches but we also had a whole lot of antihillary pitches. I would like to see more tonight particularly from mike pence who has a resume, one of the best states to do business in, they have a lot of great things that we can apply to the overall country, i think we would all be in better shape. Anthony theres no question, charles, thats one of the reasons why mr. Trump picked governor pence. That can be used as a laboratory for the other 49 states. Great credit rating, unbelievable infrastructure, they cut taxes and their relatively full employment and they have a fantastic k12 educational quote print as well and so i think governor pence is going to expand upon that tonight. Speaking as a fundraiser for the Trump Campaign, hes opened up a portal into the establishment for us which we are very excited for us. Charles speaking in th
Thanks for joining us. Power lunch starts right now. Welcome to power lunch. Im melissa lee. Three hours to go in the trading stegs and stocks headed lower right now. S p 500 stuck in a fractional range. In fact, this could be the 37th straight session where the s p is scaled to move 1 or more in either direction. Take a look across the board just down about a quarter of a percent with the russell the only one moving to the upside right now. Few standouts to tell you about, lkq, omnicom, Stanley Black decker, whats continued to move financials up 3 in the past month, michelle. Something well definitely be watching. Im michelle carusocabrera. Heres what else is happening at this hour. Fertilizer giant is in discussions with potash, no agreements have been reached. French economy minister has resigned from the government. And a tropical depression is gaining strength in the gulf of mexico. Forecasters say the storm could be upgraded to a Tropical Storm by later today. Busy two hours comi
Because of the change in a Business Model were not going to be able to devote the amount of resources and time to investigative reporting in the sense of longterm in depth work that takes reporters months to produce. And at the time a lot of different kinds of elements of a noose ecosystem started to spring up. Propublica raised money from foundations, from individuals, and has built over the last six, seven years a newsroom of about 50 people, focused only on the journalism in the public interest. And that, of course, includes a big swath of reporting on consumers, on how abuses unfairness, abuses of trust, fraud, and what propublica brings to the table is a longterm commitment to working on stories, however long they take to do. A big commitment to Data Collection and analysis, and a feeling that every time we produce the story, that is based on the huge amount of data, we try to extend that reporting to local communities by partnering with people across the country who can do their
I had the first interviews with the cuban five spies since theyve gotten released by obama. And we were able to put together a sevenminute video that ran on the web that had really great stuff. Both from interviews and walking the streets of havana with these guys who were celebrated as National Heroes down there. If i had to do that for one of the network news, it would have been, if i could have gotten two minutes, it would have been a real gift. But i was able to do something much more in depth, and much more satisfying actually. Jack brian, is that proliferation of what youre able to expose the public to one of the reasons why abc chooses to make a very large investment in your team . Brian i think so. Jack if you just had the nightly news maybe you wouldnt , be able, they would want to make that investment. Brian im not sure about that but i know that we are encouraged, almost demanded of us, for instance, the story about the iraqi army and allegations theyre committing war crimes