Good Tuesday Morning im Carl Quintanilla with jon fortt and Julia Boorstin apple is going to be the story of the hour. Their new event is just hours away expected to unveil the latest edition of the iphone, jon likely story of the week in my book. Thats where well start this morning. Joanna stern off the wall street journal joins us product reviewer extraordinary air. Its been a long time since we had an iphone event that wasnt focused primarily on camera and screen quality, i would argue. Maybe back to the iphone 10 where we got face id but this time it might be 5g taking center stage, right supposed to be it speed, speed, speed. That was the tease in the invite last week from apple i think its going to be in 5g, certainly. Processors, processors, processors every year. And i think also we hear a lot of speed in charging this morning it was a i believe it was last night, a Wireless Charging grid that will clip to the back of the new iphones magnetically clip. Should be able to charge
Hour of trade, barry knapp back. Certainly the tone feels better. Do you think its fundamental with the trade tensions or some month end rebalancing stuff . I suspect theres a bit of month end rebalancing going on i think its too early to tell whether the Macro Economic fallout from the latest negative Business Confidence shock has what degree of effect its had next weeks ism on tuesday, payrolls on friday, will be much more important bempl marks to see whether were over the hump sort to speak on this i tend to be cautious and not chase the move today. On the big stories that we are watching today, kayla has the story. Josh lipton is tracking tariff concerns for apple kayla . The hope began when chinese officials said there was some Effective Communication of the two countries and it continued this morning when President Trump said in a radio interview theres a conversation scheduled today. I have talked scheduled theres a talk scheduled for today at a different level and yeah, they ha
After backlash from key democrats including aoc. Now, the cancel New York Times is trending on twitter. Media Research Center is here to sound off. Thats coming up as well. Meanwhile markets snapping back after they signaled they will hold back after further devaluations of the currency. The dow finishing up more than 300 points, recouping some of its losses after plunging 767point yesterday. That was the worst trading day of the year. Traders were relieved that china seemed to blink today but washington is pushing ahead on labeling beijing the currency manipulator. Joining me now, i carol roth, zachary and steve forbes, despite todays truths by Chinas Central Bank the war words continue with the chinese saying labeling beijing a currency manipulator will severely damage financial orders and cause chaos in financial markets. Is there anyway to strike a deal with the rhetoric getting so hot . David, i think the biggest impediments to us striking a deal is not the rhetoric, is that the c
[inaudible conversations] we will now come to order. The chair now recognizes himself for five minutes. Good morning. Id like to welcome everyone to the subcommittees first hearing of the new congress on the evolving media marketplace. It also like to thank her witnesses for appearing before us today to discuss these important issues. Five years ago this committee passed reauthorization act this spill extended the operation for Satellite Television companies to provide broadcast content to unserved households. According to the satellite tv industry this provision enables roughly 870,000 customers in mostly rural amenities to receive over the air broadcast Television Signals. These customers fall into a few categories per the first is household they cannot receive broadcast content using an antenna for the second as markets where satellite providers do not offer local to local service and the third is short markets where there are no local affiliate stations with any of the records and
In a much more muted fashion a techinspired rally. We also had the russell, mid caps, transports all nicely higher slightly higher this morning, but only slightly. The one question mark yesterday given the rally was that the bank stocks did not take part, particularly on a day where yields rose as well. Lets look at yields they rose nicely yesterday so it was a proper riie risk ony the tenyear, 2. 46 this morning. Markets around the world asia was nicely stronger yesterday. Today stronger again not quite as resoundingly. We have a holiday in japan today. European boards were down yesterday, about 0. 3 , 0. 5 . Up today the ftse is flat germany and france are up a bit. Lets look at the broader markets. Oil prices gained a bit yesterday were flat yesterday, flat again today. Still nicely above 60 for wti 60. 5 the price this morning. Moving on to the gold price, which was up about half a percent yesterday. Flat today 1316 is the price of gold. Dollar the big question mark over the last c