Good morning, it is 8 00 a. M. At apple park in coopertino it is 11 00 a. M. On wall street, and squawk alley is live. Good Tuesday Morning welcome to squawk alley. Im jon fortt. Were going to kick things off with apple, just under two hours away from a big event this afternoon where we expect to see a new ipad and a new apple watch. I argue this is the most important launch for those products since their debut why . The environment that were for the ipad it is all about covid productivity people are trying to buy devices for work from home and school from home. They are trying to extend their lead on the tablet space and what about the watch its all about Health Monitoring as people work out from home and now look for additional tools to monitor their vitals during covid. Apple might provide the knockout punch and make things like googles proposed deal for fit bit irrelevant if it was a fortune 500 company, that would have put the ie had alo alone ahead. One star of the show today cou
Unemployment and he did not talk about a payroll tax cut. We know many top gop senators are not big fans but lindsey graham, a republican close to the president said he had dinner with the president last night where they discussed the tax cut and that he will be fully supporting it. He did not make those top line priorities that mcconnell laid out this morning is it fair at this early stage to argue that for mcconnell the red line is liabilities protections . That is right, i should have mentioned that as well, carl he said that is essential that businesses and schools can open up safely and any gains that the economy sees is not eaten up by trial lawyers putting ft. Worth frivolous lawsuits that remains critical to republicans as well even as they start those conversations. Both among themselves and with democrats about what should be in the next round. Thank you our next guest has been busy in the last couple days not the least of which was his call on amazon the lead internet analys
in just minutes will land in south korea and the present six day asian swing intended to highlight trade and global economy as well as sending a message to china to stay out of taiwan. the president preparing for the trip tweeting i m on my way to the republic of korea and japan and my first trip to asia as president. i look forward to strengthening alliances and deepening economic alliances and help shape the rules of the road for the 21st century. but as you guys mention, the president s trip overshadowed by the mountain crises he leaves here behind. the record inflation and baby formula shortage but the soaring gas prices front and center, as you mentioned, look at this just released a new daily record high $4.59 for a gallon of gas and that is up 1 cent from yesterday. and thursday to pass the kratz bill with price gouging on gasoline. yet members of the president s cabinet want to place the blame on russia instead. you can thank the activity of vladimir putin for invad
Marco colon Marco Kolanovic will be here black friday retailers are probably dreaming of Something Like this. You know the days of black fridays past when people would literally lose their minds, trample over over here to get the newest tv, moms would threaten mortal combat if you dared take the last beanie baby or furby off the shelves but the reality is black friday may look Something Like this yep, you see it there. Everyone huddled around their computer or smartphone, clicking away, skipping the entire instore experience. Will it be black and blue friday for retailers or will their dreams come true guy adami. You know where i wont be that whole running into people im sharpening my elbows, im coming after you what could be a worse experience i wont get into people, what if they eaten the day before and the sights and smells of this. I digress. You just did. For some people this is a huge deal, though. You heard Courtney Reagan talking about, Pete Najarian will be at the mall of amer
Perr oakmo live where you live, this is abc7 news. A look tonight at live doppler 7. You can see some green in the bay area and a very welcome sight in the sierra, snow, and more rain and snow is still on the way, too. Good evening, im dan ashley. And im diane in for alma daetz. You may need some patients. Our sutro tower camera, it is relatively calm now. Tomorrow may be different. Lets get to meteorologist sandhya patel. Hi there, sandhya. Lets get to doppler 7. I want to show you where the rain is. It is primarily in the south bay now. The showers have pushed south ward between san jose, evergreen, eden veil. You will notice street level radar there. It is wet. Santa cruz mountains getting their share of light rain now. Well show you what it looks like on the peninsula from skyline boulevard across 280. Its still rain, but check out what has been happening over mount saint helene a. That pick is a mix of rain and snow. This is a cold system and the second part of this storm is still