Our Steve Leisman sat down with him live in jackson hole, wyoming. Stay tuned for this important interview. Was it a well deserved 17 billion fine . Or was it extortion . A former bank ceo says bank of america was extorted by the u. S. Government to the tune of 17 billion. Paying for the sins of Merrill Lynch and countrywide during the housing crisis. Even though it bought those firms to help stave off the economic catastrophe for the u. S. Were going to debate that state with our own friend, larry kudlow, among many others. Pretty impressive to watch the dow right now. Because it is up 93 points. Thats a session high. 17,074 puts it within shot after new closing high. Something the s p 500. Looks like it is going to achieve, up seven points to 1,994 today. That is the new intraday high. The prior intraday high was july 24th. It could close above 17,000 today. Anything could happen in the last hour. Nasdaq a little bit quieter up, up six points to 4,533. Joining us now, David Scranton
Britain has raised its terror level alert, saying an attack is now likely. We will hear what Prime Minister David Cameron said and have expert reaction. And is the market in for a rough september . Some now wondering if investors will come back from vacation on tuesday and wake up to the global turmoil thats engulfing the world, from the Russia Ukraine mess to the growing Islamic State threat. The stock market has largely ignored it all and continued to make new highs. Can and will that continue next month, again, when everyone is back from the beach . And call this, kelly, game of drones. Google in the drone business in a big way. Is the objective just delivering stuff or is there something bigger at work here . We will explore that all. In the markets right now, the dow is off 11 points, the nasdaqs higher by about 15, the s p 500 is higher by about 3 points. A mixed session, and one, brian, where the s p has been hugging that 2,000 level, frankly, for most of the afternoon. And ive
The labor market. I heard comments such as wishywashy, you know, maybe she moved back to the center, it wasnt nearly as dovish as it could have been. They dont knoech. Theyre saying it wasnt hawkish either. Weve seen those before. Instant reaction just ahead from pimcos bill gross. Were going to find out what the man they call the bond king makes of todays comments from the top two central bankers in the world. Cant wait for that. And just when you thought your privacy couldnt be violated any more, comes word that if you have gmail on your smartphone, there is a weakness that allows malicious apps to obtain your personal information only more than 90 of the time you heard that right, more than 90 of the time. Were going to talk to a Cyber Security pro to find out what, if anything, you can do to protect yourself. Right now, were watching markets. With an hour to go after hearing from both janet yellen and mario draghi, the Dow Jones Industrial average is off 27 points. Its hovering aro
Are they now offers better food. Would it make a difference if you got a better meal in flight . Go and vote, cnbc. Com vote. Plus what was this postman thinking . Wait until you find out what was in the box. Sue herera continues on vacation today. But susan lee is live at the new york stock exchange. Hi, susan. Happy friday, tyler. Lets check on the markets. Well throw in fixed income, and gold, oil across the board not Much Movement there with the gold pricing still below 1300 an ounce. A story from dominic chu right here. The gold is interesting mark that you mention here, only because weve seen gold that has been on a slide the past week, weekplus hikes arent that imminent maybe, so maybe god is there. Over the course of the past week, we were thinking that we were due for a pullback, but we slowly ground higher. Whats interesting cyclical ones, the s p is up about almost 2 for the week, so if you missed it, financials, technologies and industrials are all up about 2. 5 to 3 . They
Other big s p winners, general growth, regeneron pharma, wyn ddz ham and under armour. Cvs up about 900 . Priceline, chipotle and netflix. Well talk about where that goes from here. First, before we do that, lets get some other corporate headlines. This one, i dont know what you think of this one, joe, snapchat now valued at near 10 billion. A lot company, 10 billion. The number based on a recent investment in the messaging start up. The wall street journal reporting that vc cliner perkins committed up to 20 million. Among the other startups now boasting valuations of 10 billion or more. B b and uber. And payment provider square theyre also getting a valuation boost. On their way to 6 billion. That Company Reportedly in the process of raising about 200 million in cash. Square, of course, run by twitter cofounder jack dorsey. Square was valued at 5 billion earlier this year and you might recall that starbucks has an investment in that company. And then we got a little bit of media tech