Well have them first with the best analysis you can find. That all starts after the bell. Then after that in exactly two hours, president obamas exclusive interview with our Steve Leisman will air in its entirety right here on cnbc. Steve will join us on the show beforehand to tell us some of the highlights. We do know the president wants to talk about tax inversions, letting it be known he will support legislation to stop companies reincorporated overseas to escape the 25 tax rate here in the u. S. Well have much more as the president and Steve Leisman get into it over the economy. Melissa lee and i will anchor a 5 00 special on that coming up. It is a bill sandwich tonight. Lucky you. Also it would be big ceo interviews just ahead. Dunkin brands disappointed today. Jetblues dave barger will be here. Youll hear from both of these ceos on todays closing bell. An hour to go and the do you jones industrial average down again today to the tune of about 21 points. Yesterday it was the lone
Pressure we saw on the dow all morning has leavitted. The industrial average is up 25 points, although the nasdaq struggling to stay positive. Early selling gave way to some buying in the afternoon, once again. Yeah. An upanddown day and a big week for economic news. We have the jobs report on friday. Before that, on wednesday, we get fed day. Amid word of growing descent among hawkish members of Janet Yellens gang. Well talk about that with jim grant in a little bit. Plus, the tax inversion debate continues, the talk from washington to wall street. The president has upped the ante in his campaign to stop u. S. Companies from moving out of the country to save on taxes. This has a former treasury official now saying that the president , if he wanted to, could tie the hands of these companies with a single stroke of the pen. Is that true . And if it were, wouldnt president obama actually be doing that . Were going to get to both sides of that very interesting twist in the story, coming u
Asia this afternoon, or House Speaker nancy pelosi is in taiwan. But as foxes Lauren Blanchard reports, chinas government is not backing down from the threats it has made in recent days. Speaker Nancy Pelosis plane touching down in taiwan, the United States standing by her, saying, there is nothing out of the ordinary about the highly anticipated visit. There is no reason that this visit should escalate tensions in any way whatsoever. Ahead of the stop, the Chinese Government continued to ramp up their warnings, saying it undermines chinas sovereignty and security. We hope us officials will clearly understand the importance and sensitivity of the issue and how dangerous it would be. If the visit actually happens. The chinese claimed taiwan as their own and there are concerns beijing could use the visit as a pretext to ramp up military action in the area. We should send a strong warning. If it doesnt work, we can use forces to take taiwan. The white house maintains its keeping its one c
His stake in energy producer, chesapeake energy. He owns just shy of 10 of the stock according to regulatory filing. Liz the firm upgrading the stock to overweight saying that the retailer should see growth in the midteens in the future. Ashley investors keeping close eye on egypt as the violence showing no signs of ending. Government killing 25 killing of defend five Egyptian Police officers near the border with sinai near israel. Liz order for 60 new fighter jets. Who is ordering . South korea. Sources say the u. S. Aerospace giant undercut rivals in the bidding war. After the bell starts right now. Ashley lets get right to todays action. Jason pried from pride from glenmede sees the market grinding higher and he has three ways to make you money. Joining us from the pits of the cme, joe cusack. We drifted along in typical august fashion but suddenly saw a big spike on the 10year yield, didnt we . We saw it get mortgage of 2. 89 . When you see the 10year move like that bond prices sta
Coverage starts right now. This is ktvu mornings on two. And good morning everybody. Welcome to mornings on two. Its saturday august 10th. Lets check in on your weather with rosemary. How are things looking this saturday morning . We have a warming trend this morning. A lot like how we started yesterday. The low clouds back with us. Patchy drizzle around the bay and we are looking at an afternoon with mostly sunny skies, if the warming trend were going to carry into early next week. I will have your numbers for today. I will show you how warm i expect we will get in the extended forecast coming up. Authorities are still trying to identity a body found during the search for a missing woman from oakland. Crews were looking for sandra coke yesterday afternoon when they found the body of a woman in vacaville. She has been missing since sunday. She is an investigator with the federal Defenders Office in sacramento. We are waiting confirmation on the identity of the body and then after that