Good call, jamie. Barry diller had stuff words for espn this morning on squawk box saying the Cable Network channel exists in a tools economy. We will talk about what he means and whether they can withstand Cable Network and bundling. And a takeover in the beer space. This deal surpassing 100 billion. But well tell you why the deal could face a few hurdles before it can be completed. And Vladimir Putin speaking out on the crisis in syria. We will take you live to moscow for the very latest. But first lets start with the jpmorgan earnings, the big Bank Reporting after the bell tonight. We will have those numbers for you. The wall street journal reported this morning that the bank is already taking cost cutting measures including eliminating support for employees blackberrys. Frankly, its about time. You knew this was going to happen. What is that about . Are things that bad . Well, thats the question. Right now joining us to break it all down bill sneed. Jpmorgan and his funds top ten h
Lets start with breaking news on housing. New home sales for april hitting the wire. Mike mckee is with us. It looks to be at 6 . Lessat would seem to be than forecast. You have to look at the revision pretty Commerce Department revised the last years newhome sales numbers. That pushed up the march number. March had fallen off a cliff. Now it is much better. It had been a 14 decline. It is nothing like that now. The increase is good. 14 . decline instead of the increase looks better than it might have otherwise. We did ask three questions about this report earlier. Here is what we can tell. The first question was, was it the winter effect . Hard to know because newhome sales did not increase in the northeast. You would think that would have happened because the storms were over. There were storms in the midwest and south. Whetherconclusive on there might have been more home buying. More people bought at the lower end of the scale this month. It looks like we are seeing the kind of mome
Target to the federal funds rate will be data dependal. All right. Seems confusing enough. But the bulls do seem happy enough with the fed at least for now. The dow closing at another record. You can see up by about 25 points. The s p rallying back above 2,000. If you take a look at whats happening with the futures this morning, you will see at this point the green arrows continue. About 57 points above fair value. S p futures up about 8 points. Appeared rue, over to you. Thank you, becky. Were going to talk today because it is what were calling alibaba day. The chinese ecommerce giant said to price the ipo after the bell this afternoon. The range has been listed to between 66 and 68 a share. Due to strong investor demand. Stocks then expect to start trading on the New York Stock Exchange tomorrow with the Ticker Symbol baba. And not a bad symbol. If you havent gotten your shares, call your broker if youre going to get them at all. Anyway, the other big news happened late in the day. T
Liz counts down to the countdown. Casino resorts placing bets around the world, but for a different end . Mgm ceo live on earnings and placing bets on the next frontier. The business of billboards. From these old signs to the digital billboards. The Transformation Plan exclusively, Clear Channel ceo. And pain at the pump equals revenue at the refineries as gas prices rise 33 days in a row, should you be rushing to refinery stocks . Countdown to the closing bell starts right now. Liz kvetch then, everybody, i am liz claman. The last hour of trading and the dow has taken a leg down. This after the fed minutes came out and has become a question of when, no longer if, they will stop all the quantitative easing it has been doing. Stocks are dropping pretty precipitously. Talking to ashley and tracy, it just happened in about the last eight minutes. The market dropping rather dramatically. We have the nasdaq down 34, a big percentage drop, and the s p down 13. This after the release of the f
Jillian hope youre having a good start to your day watching fox and friends first this tuesday. Rob it is 5 00 on the east coast. Our top story, National Anthem protest front and center as the nfl kicks off its annual fall meeting. Jillian Colin Kaepernick files a grievance accusing owners of collusion and donald trump is the reason he is out of a job. Reporter fans forced to endure another National Anthem protest during monday night football, titans wide receiver reshot matthews making headlines by refusing to be on the field during the anthem for the third game this season. Nfl owners and players meeting at League Headquarters in new york to discuss the protests at the annual fall meeting. Former 49ers quarterback Colin Kaepernick targeting all 32 nfl owners claiming they are conspiring to keep him out of work. Whether he actually has a case is up in the air. Nfl owners dont want to pick him up because they dont want to get a nasty tweet from donald trump. Do you believe that . Repor