Our exclusive with the ceo ahead. First to our lead. This week saw a showdown brewing in washington, cracking open the Net Neutrality debate. Fcc chairman ajit pai unveiled his game plan for rolling back Net Neutrality rules at a speech wednesday in the nations capital. Passed in 2015 by a democratic majority fcc, the Net Neutrality rules and to prohibit internet to prohibit Internet Service providers from favoring or discriminating against online applications, content, and services. Now democratic senator Edward Markey from massachusetts responded to the chairmans repeal, saying, it makes no sense. We cannot keep the promise of Net Neutrality openness and freedom without the rules to ensure it. Pai and the Trump Administration and the ceo should inspect a tsunami of resistance. The ceo said the rules as they stand have made a digital divide. We spoke to fcc digital chairman ajit pai from washington, d. C. Ajit this will be a political debate that will engage millions of people, but we
Of britains financial commitments, a guarantee of rights for e. U. Citizens in the u. K. , and the resolution of the border between Northern Ireland and the republic. The am very clear that up end of negotiations, we need to be clear not just about the brexit negotiation, how we withdraw, but what our future relationship will be. These negotiations are going to be tough. I want to ensure that we are free on a trade deal and our withdrawn arrangement so we know what both of those are when we leave the European Union. Yousef less than a week to go in the french president ial campaign. It Marine Le Pen appears to have taken a step back from her euro exit policy. There is no rush. She later told a newspaper that the euro is dead, but she wants to bang currencies. One for daily use by the population and one for international trade. The latest poll shows Emmanuel Macron supported by 59 of voters. The 10 trails with 41 . Lower Commodity Prices have helped push chinas official factory gauge lo
Of britains financial commitments, a guarantee of rights for e. U. Citizens in the u. K. , and the resolution of the border between Northern Ireland and the republic. The am very clear that up end of negotiations, we need to be clear not just about the brexit negotiation, how we withdraw, but what our future relationship will be. These negotiations are going to be tough. I want to ensure that we are free on a trade deal and our withdrawn arrangement so we know what both of those are when we leave the European Union. Yousef less than a week to go in the french president ial campaign. It Marine Le Pen appears to have taken a step back from her euro exit policy. There is no rush. She later told a newspaper that the euro is dead, but she wants to bang currencies. One for daily use by the population and one for international trade. The latest poll shows Emmanuel Macron supported by 59 of voters. The 10 trails with 41 . Lower Commodity Prices have helped push chinas official factory gauge lo
Thoughts on apple and the hot investments that he missed. Its a merger monday. Comcast and charter, theyre not merging, dont worry. But they have an announcement. Kate spade and coach, yeah, they are. Plus other deals brewing. And france has decided what the new president means for the u. S. And the global economy. First up though, Warren Buffett sharing his latest views on investing this morning. This is what the oracle had to say to becky earlier this morning on squawk about stock valuations. The most important item over time in valuation is obviously Interest Rates. I mean, if Interest Rates are destined to be at very low levels, not necessarily as low as they are now, but very low compared to the 100 year averages or 50 year averages it makes in i stream of earnings from investments worth more money. Buffett said bonds is a terrible choice relative to stocks. Take a listen to that. Anybody that prefers bonds to stocks is making a big mistake. I have been saying that year after year
Dollar flat, tenyear 224 and moderate action in crude. Budget priorities the white house out with its 2018 budget plan today which targets big cuts to medicaid, food stamps and disability. Plus u. S. Markets are shrugging off global terror concerns. Futures are aiming for a fourth consecutive day of gains. Isis claiming responsibility for the deadly concert bombing in manchester, uk. The worst terror attack in the uk since the london bombing in 2005. The white house set to unveil the president s budget for 2018 which aims to eliminate the deficit in ten years, the budget includes 3. 6 trillion in spending cuts over a decade, including medicaid, food stamps, welfare, Student Loans and disability benefits. The plan does call for an increase in military spending, most notably, jim, calls for 3 real gdp from 2021 all the way through 2027. Yes, i dont know what to say. You read the new york times, notice i didnt call it the f l failifai failing new york times. This is ridiculous. In a news