Thank you very much, ivanka. She worked hard. Shes a hard worker. All of our kids work hard. We love to see it. Theyre doing a terrific job for our country. Ive come to the great city of pittsburgh to stand with people, and those people are incredible workers. And to show the world that america is back and that we are coming back bigger and better and stronger than ever before. And were making our own product again. And t and were opening up our factories again. I mean, you take a look at whats going on where toyotas coming in and the other day you just saw chrysler announce theyre moving from mexico back to michigan. You dont hear that too often. With a monster factory theyre going to spend a lot of money. At the center of americas resurgence are the massive tax cuts that i just signed into law. And its also reform i usually just say tax cuts. They dont want to hear about the reform believe me, the reform is very important. We dont have to get into it but the tax cuts are the most sig
Im courtney reggen in for sara eisen thanks for having me its a great day to be on wex on friday happy friday to everyone watching our top story, countdown to shutdown lawmakers have under 19 hours to pass a spending bill or else the lights go out in washington. The republicancontrolled house okayed a temporary funding measure late last night but now the senate must approve it so far its unclear whether or not they will. Senate democrats are holding their ground demanding an immigration deal they have until midnight tonight. The last time we saw a Government Shutdown was 2013 it lasted for 16 days. Well have much more on this developing story coming up well see how the markets are reacting to the d. C. Drama a marginally higher open on wall street, the dow higher by 15 points, the nasdaq higher by 21, and s p 500 higher by about 4. Throughout the day yesterday the markets did slip as it got more and more evident that we were getting closer to the shutdown we had that late vote by the h
Look at the green arrows back this morning, even though the government could potentially be shut down. S p futures up by 4. 5. The nasdaq up by 19. Well talk more about that potential Government Shutdown in a bit. Overnight in asia, the nikkei higher. Up 0. 2 . Hang seng up by 0. 4. So was the shanghai in china in europe, at least right now green arrows across the board. Biggest gainer of the major averages is the dax, which is up by almost 0. 9 percent. The tenyear yield hitting 2. 64 yesterday. Thats the highest level since september of 2014. Again, concerns about the Government Shutdown really pushing things well see what happens to the tenyear when and if a budget deal is found. Right now it looks like its setting in at 2. 63 . Some big headlines this morning. Ibm returning to Revenue Growth for the first time in five years. Shares are down. Theres weaker than expected guidance overshadowing that news the company beating on the top and bottom lines but took a charge of 5. 5 billion
Panels effective february 7th, the result of a months long investigation by the bipartisan trade commission on washing machines, nonu. S. Importers will be charged 20 to 50 per unit depending on the volume of the products they are importing. Goldman sachs estimates the price tag a shopper will see will raise anywhere between 8 to 20 in the absence of these highvolume cheap products from overseas the administration on solar panels is adding a 30 levy. It declines over time and it will benefit u. S. Manufacturers. But companies that install solar panels will see their prices increase that led South Carolina congressman mark sanford to call the tariffs shortsighted and said his state would lose over 7,000 jobs in the Solar Industry as a direct result of these tariffs. This afternoon at the white house, President Trump said he expected the move would create jobs our companies will not be taken advantage of anymore and our workers are going to have lots of really great jobs with products th
Manufacture. We appreciate that investment. It says here we have 409 in this type of Research Going on. Does that 400 billion annually, does that calculate with individual inventors put into the mix, or they just not part of the calculation . Are probably not going to be significant percentage as measured by dollars but about 60 would come from private companies than 40 of the federal funded. Were talking about private inventors and their impact on new discoveries. How is she placed them in terms of Government Programs coming up with something new, corporations coming up with something new versus the individual inventor Community Coming up with something new. If you look at the types of recruiters over the past 50 years, the invention of the transistor or art or not tended to be basic Research Programs that werent in the minds of any one individual, even at the university, but typically a Network Universe be a people. The foundation isnt very significant portions made in creating somet