The ongoing nafta negotiations. Meredith mcgee talks about ads oning Political Social Media platforms. Washington journal is live now. Good morning. It is the washington journal for october 24. President trump will meet with Senate Republicans over plans for tax reforms. They will also work on passing the Senate Resolution on thursday. After that, changing the tax code with a house form of legislation which is set to be unveiled next week. We invite you in this first half hour to participate in the open phone lines. 2027488001 four republicans. 2027488000 for democrats. Ndependents, 2027488002 you can reach us on twitter at http twitter. Com cspanwj, and you can find us on facebook as well. The Los Angeles Times talks about what President Trump is facing today as he meet with Senate Republicans. He will be confronted with a growing flank of senators who have distanced themselves from the president. That includes bob corker and others who are among the president s top critics. Another c
Fbn am starts right now. Train 25 01 a. M. In new york. Tuesday, october 24th. Good morning, cheryl personae. Lauren has a unclutter our newsfeed, they will probably make more money. Cheryl more advertising. Lauren President Trump on the offensive heading to capitol hill today to move forward on his agenda especially tax reform to the republican senators weekly policy luncheon. Last night to promote the tax plan on hannity where she made her pitch. We needed tax code that is good of modern reality of our workforce, including supporting our working families, the majority of which are now dual income, which is why im really excited about the realization of a large part of the administrations working family agenda through tax reform. Cheryl she talks about that as well. The house to vote in support of a Senate Budget resolution this thursday. That would fasttrack tax reform. An exclusive interview with Maria Bartiromo. The president expressed optimism. I think we have the votes. I think r
Since may. As we said, big beats from cat, 3m and utx zpl global same sales closing 6 for mcdonalds. And pipeline concerns before the ten orders again shipments may only be half of what was expected. Stocks are poised for a strong open help the by results dow components and caterpillar and others, a significant increase in demand for Construction Equipment, 3m and utx beat on the top and bottom line and upbeat guidance for the full year those are going to be the stars today. Some of pretty amazing, caterpillar appepared back the workforce. Its almost as if they pared exactly the right time when orders explode, you get that leverage and youre seeing earnings weve been waiting for caterpillar i would say since 1983 or 84, finally getting the breakout 3 m chugging forward greg haze, great organic growth. I dont want to overlook this Stanley Black and decker, tools up 9 . Some numbers are rather extraordinary and catching attention because these are the same numbers that say gdp will be mu
Driving the u. S. Stock market as well as hopes for some kind of tax cut. Those hopes sparking up again as we have the house passing the budget which in turn leads to higher hopes for a tax plan getting through. All the major averages are up. The russell 2000 of small caps is outperforming again. It is coming back to outperforming, up 4 10 of 1 . This is a small domestic dust and index for small, domestic orient an index for small, domestic oriented companies. Here you have the s p 500 versus the russell since the election. The russell had a big outperform its initially and sort of went sideways for a while, had another leg up in september and has gone sideways and is taking up relative to the s p 500, the relative performance improving as we get this latest wave of tax hopes. There is a Deutsche Bank index of highly taxed companies and low taxed companies. Here is a ratio of the two and the red line goes back to the election. They bottomed out in august and september and now they are
Good thursday morning. Welcome to squawk alley. Carl quintanilla with jon fortt and Kayla Tausche at post 9 of the new york stock exchange. Joining us, Business Insider ceo Henry Blodgett. And in minneapolis, bill george, former medtronics ceo, former exxonmobil board member, of course a cnbc contributor. Good morning, guys. Our first story is amazon today, announcing it will create more than 100,000 new fulltime, fullbenefit jobs across the u. S. Over the next year and a half. Our deidra bosa is at one market with more on that. Hey, deirdre. Good morning, guys. Amazon was already on track to become one of the largest employers in the country and this announcement confirms that trajectory. The company emphasized that the opportunities will be for people across the country and with all types of experience, education and skill levels. Ceo jeff bezos says these jobs are not just in our seattle headquarters or in Silicon Valley. Theyre in our Customer Service network, Fulfillment Centers a