Meltup as a result. Get the wall street journal editorial board, mary ogrady, Charlie Gasparino, independent womens forum. Patrice. Patrice what do you make of the backup in rates, does it worry you . It worries me slightly. It is important to keep rates down and were doing very well. If the rates are driven about china potentially pulling market we borrowed from them, that is a case for worry. We have such a high market and taught economy right now it is something to keep on our radar. Neil mary, we explained china is thinking about halting additional treasury purposes. I dont think they have been making a lot of new ones. I could be wrong. Japan said much the same. Should we be worried . Im not wore i had at all about the 10year. Neil it is still very low. Not only that were hoping to get back to a normal yield curve. Longer term bond should have higher yields and this very flat yield curve, i dont think was good for the economy. You know, if we were talking about an inverted yield c
And welcome to power lunch. Eye melissa lee, your money carving out some small money today, and russell 2000 at rosh highs. Its a global rally. Lets check out bitcoin is bouncing back after falling below 10,000, Goldman Sachs say its a bubble bigger than the dotcom era and famous tulip bulb mania, and p g was down travelers rallying by almostsh topping expectations tyler . Thank you very much, melissa. Welcome, everybody we begin with a major decision from the white house the administration saying it will slap tariffs on solar panels and washing machines. If youve got a solar powered washing machine, you are not, kayla, going to have whiter whites Kayla Tausche is at the very white house with more. Reporter those tariffs are steep and final. For companies outside the United States empowereding washing machines into the United States theyll sue new tariffing between 20 and 50 , depending on the number of washing machines they are importing. For components that 50 . For solar part manufa
Francisco the bay bridge toll plaza is a normal wait time about 15 minutes to get you into downtown San Francisco is not bad thats me avoided if you can and drive into San Francisco this morning on the and that the vapors the mineralize returned about half an hour ago and hear the nimitz commute for east bay writer economic take this one in 14 minutes into downtown not that bad so far at this hour. Mark more brick kennels were falling out of san leandro there with a Home Invasion robbery and should roberts went home owner and the robert this happened just before 1 this morning near Longview Drive inscribe your drive police said to suspect broke into our home of a home on a was there and they change gunfire the home owner was hit his and hospital right now with serious injuries and expected to survive the is revised to a shelter in place in the area of theyre looking for those gunman the show some unpleasant just been lifted but the suspects are still on the loose this morning. Darya ta
Reporter would have some western happening at the surface that is what drives these lie in a situation begrime happen a lot and they give us a lot of problem for, storm activity east bay is were most of the action has been this morning just south of antioch adjutancy ease the walnut creek the head action activity just a few hours ago a little bit further to the east and east they used to have a couple of showers things have since settled south into the bay and not much happening at all this morning since weve been talking to but a little bit well out to sea it allows the more on the web site. Mark the star to make progress finally on several large wild fires that are making gains on a massive rocket fire morning america like this across the state high humidity Cool Temperatures have helped them the rockets 5 was barnaul 70,000 a. And containment of to 35 and 800 of those evacuated yesterday morning they visited the bargains on spoke about fire danger the californias ongoing drought is
Good morning, and a warm welcome to Worldwide Exchange here on cnbc i am wilfred frost. Seema mody. We saw the s p 500, up 0. 6. Encouraging given a lot going on last week. This morning we are pointing a little low, the dow lower by 22 points, nasdaq by 12, s p by two points gasoline futures sharply higher, harvey knocks 15 of capacity off line more on that in a moment weve got gas prices up around 4 this morning. The latest on the situation in texas following Hurricane Harvey these are pictures from the houston area, much of the fourth large city is underwater flood waters swallowing entire neighborhoods as they race to help stranded residents. Heres the latest. More than 20 inches has fallen in houston in the past 24 hours, more expected in the coming days two deaths blamed on Hurricane Harvey more than 218,000 people are without power. Some 13 million from san antonio to lafayette, louisiana are under flood watch warning. The white house announcing that yesterday President Trump wil