Today after forecasting a 6 to 12 drop in earnings in fiscal 2017. The question is how much of a warning sign is it for other retailers and what is it telling us about the economy . Thats not the only story today. Its not just about equities. Take a look at the tenyear yield. The beige book came out an hour ago and the markets really didnt like it in terms of the growth stories, so were back below 2 on the tenyear. The dollar index is now at a sevenweek low. The euro has moved to a sevenweek high against the dollar itself. Gold is now back above its 200day moving average for the First Time Since may with an almost 2 move higher today. One of the countrys largest mortgage lenders wells fargo reporting its results. Were going to get the cfos take on the housing market. John strewsberry coming up. Netflix will be reporting earnings after the bell tonight. Well tell you the number to watch for in that release, coming up later on closing bell. Courtney reagan, what more have we learned . Wa
Ecb board member says the central bank is clearly missing its inflation target. Good morning, im susan lee. Coming up on the program, hsbc reportedly imposing a 10 pay cut on hundreds of Investment Bankers as the bank is struggling to trim costs. Switching to auto pilot, Tesla Unveils its first Autonomous Car but drivers cannot be rid of responsibility just yet. Glencore has been unfairly punished. They have been hit hard because of coal and Energy Prices but still, you know, people need our product and commodity needs good trade in platform and glencore provide the best Trading Platform in our sector. Welcome again to the show. A very big earnings day here in europe. Lets kick off with burberry trading lower. Missed targets significantly. This was caused by a slow down in demand from china which accounts for between 30 and 40 of the total revenue. Last month, cnbc spoke to the ceo in london and asked him about the challenges in hong kong. China is, specifically, hong kong, its been, y
Kentucky. Floyd ray cook had been on the run for nearly a week. Engines on fire engines on fire a massive fire on board a plane headed to Fort Lauderdale. Just nothing but a crap sandwich. Republicans are looking at debate format changes after this weeks clash with cnbc moderators. Jeb bush insists his campaign is not over. Its not on lifesupport. We have reports of a tornado. The u. S. Senate passes a twoyear budget bill, breaking a filibuster led by senator rand paul. What we have is an unholy alliance of right and left. A first look at the blazing gun battle between two rival biker gangs that left nine people dead in texas. A skydiver in peru stuck when he tried to jump from a plane. He was left dangling. Just when you thought you had seen everything. Brady across the middle. Down the field he goes to the end zone for the touchdown. It was a good team win. All of that matters. Paul ryan succeeds john boehner who she had his final tears. The hill had turns and twists and even a few t
Nbc nightly news begins right now. Announcer from nbc news World Headquarters in new york, this is nbc nightly news with lester holt. Good evening. Chicagos top come is out. There is new pressure on the mayor who fired him to follow him out the door. The political and emotional upheaval growing tonight from the videotape killing of a teenage suspect allegedly murder ed by a Chicago Policeman. More than the tape itself of a 17yearold be ing shot 16 times it is the battle to keep the video under wraps and the more than yearlong delay in filing charges that has mayor ram emmanuel in full damage control mode. Stephanie gosk has the developments. Reporter Chicago Police superintendent Gary Mccarthy is with us. Reporter earlier this morning Gary Mccarthy defended his job. Who said im not accountable . I have been held accountable. Reporter within hours he was fired. He has become an issue rather than dealing with the issue and a distraction. Reporter mayor rahm emanuel said the public trust
We just got this mug shot for 21 year old paul allen applegate. Accused of attempted murder. In a fight over a dog. Nye county detectives say applegate says he shot into a home several times on new years day. Because the people who live there have a dog that killed his mothers dog in november of 2014. And his mother is still upset about it. No one inside the home was hurt. But tonight. Detectives are trying to find out if applegate shot at anyone else. And are asking any victims to come forward. Thats the latest from the breaking news center. New at 6 tonight. A string of overnight restaurant breakins. In the valley. The latest happening just this morning. At chipotle. On durango and elkhorn. Tonight. Police investigating to see. If the so called. Night owl bandits are responsible. Action News Reporter. Mahsa saeidi has more with how the guys operate. sot three subjects all wearing dark clothing track night to strike five restaurant break ins in the valley this month. From frijoles and