Street. Im Carl Quintanilla with jim cramer david faber is off today we get strong retail sales for july up. 6, nearly twice the estimate europe is mixed. 10year note near iing 10. 10 no. And netflix on his strategy to beat the Competition First up, under armours brian plank and intels krzanich join Kevin Frazier in resigning from the Manufacturing Council not all of them worded exactly the same way. Thats the most important thing. Theres different constituencies mr. Frazier from merck was offended it wasnt immediately labeled as white supremacist, as opposed to extremism of all race and color. Not mentioning the president by name. And kevin plank took some heat for being on the council. His constituency is made up of not just people who are shareholders and work there but people who he hopes to be able to get to endorse. So they all come from different constituencyies. Like larry somers says, everybody should resign. It depends on your constituency. It is of no interest to the public
The inside track on the growing demand for getting big sound from digital speakers with the boss of devialet. Rising house prices in the uk have lead to a sharp rise in homes little bigger than a budget hotel. So today we want to know would you or do you live in a micro home . Just use the hashtag bbcbizlive. Hello and welcome to business live. Do you think at 66 do you think at 66 i could riv in a microhome . Probably not get in touch with us with your stories. The importance of trade deals between big economies is back in the spotlight this week. Hot on the heels of canada and mexico now its the turn of south korea to renegotiate its trade deal with the us. President trump has already described that pact as horrible and threatened to axe it. South korea is americas sixth biggest trading partner. Since the deal came into effect, the us says the trade deficit has doubled from 13 to 27 billion its importing much more from south korea than it sells to the country. But some experts say th
Concerns about potential Government Shutdown. Europe is green. Got a spike in shortterm rate which is were watching as well. The road map begins with president and the administration generating some more uncertainty. Well take a look at tim pact on the market ahead of major global bankers. Big game retailers on the move after earnings well look at whats hot today and amazon clearing two major hurdles. What it means for the industry in the past hour the president tweeted i requested that mitch m. And paul r. Tie the debt ceiling legislation into the va bill that just passed for easy approval they didnt do it so now we have dems holding them up as usual. Could have been so easy. Now a mess speaker ryan will be on cnbc this afternoon at 1 00 eastern the point there was to be on the air at boeing its not going to happen today. No, this is going to be to me a celebration of capitalism and boeing is our greatest fact r to and instead of celebrating business and therefore talking about tax re
Good morning. Happy friday. On cnbc. Im saari. Im wilfried frost. Its new music friday. Were kicking off the show with the latest from charlie xcs. Never heard of that. Thats my wedding song. Never knew who sang it. You need to know these things. Now you sayt i feeley know the name. Doesnt have the same ring as sir elton john. Happy jobs day friday. Lets check in on the Global Markets this morning. U. S. Stocks did break their losing streak after three down days. Barely. Minor gains. Looks like a lot more strength in the futures market. Dow futures up 72 points. Nasdaq up 16. Will this make or break the week . Were headed for the first down week for stocks in a while. Got a bounceback with health care after a period of weakness. You saw the tenyear yield cross thats where the action is. For the week as a whole, down coming in today for the dow. The nasdaq is the best just half a percent for the week. Shortly, shanghai down fractionally. Japan down to the strength we have seen in the do
Meetings. It . Ael can you believe he will miss the ecb meeting. I am hearing a lot of interesting comments, saying that the ecb has to do something, but if they do something that just pushes up valuations, and maybe it is a bubble. The market can decide if its a good move for bad. Francine he really needs to make sure the markets understand how he can maximize qe, and its unclear at the moment. We will have more shortly, but first, lets get straight to the first word news with taylor riggs. Taylor the president , mario draghi, may have no choice but to extend his bond buying plan. He held a press conference he will hold a press conference. Most economists surveyed by bloomberg predict the ecb will have to extend quantitative easing. Hillary clinton and donald trump made backtoback appearances at a form of military last night. It was sponsored by nbc news and a veterans group. It was held on an Aircraft Carrier in new york. Clinton was asked about her plan to defeat the islamic state.