Activist investor likes the communicate with the public. He is leaving the trump he was an unofficial adviser to donald trump on economic manners, regulatory manners. That is no more. Hes basically resigned from this post gerri was this a show up at work with every day post or call me up on the telephone. No. It was more of that. He did have a title. Hes trying in his letter that he released to President Trump, hes trying to say it has to do with, essentially, overlap with somebody else in the administration and some possible controversy that that has created. That, i dont believe that, okay . Listen, i think that carl icahn is doing what jamie dimon did, what Steve Schwartzman did, what all those top ceos did and that following charlottesville to be associated, be a businessman and be associated with President Trump given how he framed the debate following the tragedy this charlottesville, theres a degree of being toxic. And i think this is where its, you know, listen, people on twitt
Positive as youll see right there, but not too much. Although uk actually having a fairly good morning. Japan not so much. Problems toshiba certainly weighing on that market. As for our tenyear note yield this morning in crude oil, which we always like to show you, 2. 556, and wti up ever so slightly. David, our road map for the hour begins with the dow on the edge of market history again. Futures higher. Will today be the day . Plus, some new Holiday Spending data suggesting a late december boost. Wall streets top picks going into 2017. And amazon crowned ever cores top internet pick. Did the company do enough to win christmas though . But first up, the trump rally, thats what we call it now, and the march to dow 20,000. That continues for yet another day. Futures as you just saw are higher, certainly would indicate we will be close at the open. The dow aiming for its eighth straight week of gains. And, well, what else, of course another tweet on the markets from president elect donal
Of gap . The Trump Administration may hinge on one specific proposal. Income property becoming a land lord is now just a click away. But it comes with some risks. Those stories and more tonight on nightly Business Report for friday, january 13th. Good evening. Welcome. The sector was put to the test. Today three of the nations biggest Financial Institutions reported their earnings on this friday the 13th. Jpmorgan and bank of america both beat wall street expectations. Wells fargo still reeling from its Bank Accounts scandal just missed those estimates. The sector had been responsible for they know broader stock market make new highs since the november election. The prospect of higher Interest Rates and less regulation propelled the group and last quarters profit was driven in part by securities trading. Today investors wanted to see that the bank stock run was justified. It was all three of those stocks rose in trading today. Heres more on this key part of the market. The first wave o
Of gap . The Trump Administration may hinge on one specific proposal. Income property becoming a land lord is now just a click away. But it comes with some risks. Those stories and more tonight on nightly Business Report for friday, january 13th. Good evening. Welcome. The sector was put to the test. Today three of the nations biggest Financial Institutions reported their earnings on this friday the 13th. Jpmorgan and bank of america both beat wall street expectations. Wells fargo still reeling from its Bank Accounts scandal just missed those estimates. The sector had been responsible for they know broader stock market make new highs since the november election. The prospect of higher Interest Rates and less regulation propelled the group and last quarters profit was driven in part by securities trading. Today investors wanted to see that the bank stock run was justified. It was all three of those stocks rose in trading today. Heres more on this key part of the market. The first wave o
Good morning. Welcome to Worldwide Exchange on cnbc from a chilly davos, switzerland, im sara eisen. Im wilfred frost. Good morning to you from me. Were coming to you from the World Economic forum in davos, switzerland. The annual gathering of Global Political leaders, ceos and policymakers. Yes, it is chilly, but a fantastic setting. A fantastic setting and a lot of news. Our guests this morning include jim coulter, he will join us in a few moments. At 5 15, Princeton University president Christopher Eisgruber will be here to join us. At 5 30, Stephen Pagliuca stops by. And a wide ranging conversation on the economy with nourie Nouriel Roubini. Another busy morning ahead on Worldwide Exchange. A lot of headlines to discuss. Heres the cover of the china daily. President xi here at the World Economic forum getting a lot of attention, not just in davos, switzerland, around the world. Here is his home, boost open economies, a defender of globalism. This is the front and center debate. Hug