Addressing his departure on twitter this morning. And brexit polls from the uk cant seem to lock down which way thursday will go. And then theres George Sorros issuing a major warning against a departure, even David Beckham is weighing in. But first up in about an hour from now on capitol hill fed chair yellen will kick off two days of semiannual testimony on Monetary Policy and the economy. Today its before the Senate Banking committee which is expected to grill her on everything from rates to brexit. Of course well bring you live coverage once the fed chair begins her remarks followed by the q a session with lawmakers. Some discussion it might be more contentious than usual even with her recent comments in the meeting last week. On both sides a lot of people saying get it over with. Admit things are weak and what are you going to do about it. What is she going to do about it . Its not up to her. Look at germany last quarter very interesting what the finance minister say. Look, we had
Well tell you what it is and it could impact the space. New details emerging about that fatal tesla auto pilot crash. Well talk about what the driver was doing at the time of the crash and whether this is an issue for tesla or the selfdriving car industry as a whole. Plus, the new report says while instagrams users numbers are strong, the people sharing is declining. What it means for owner facebooks growth prospects. Well talk about that just ahead. Lets start with the s p trying to lock in as bill said the best week since 2014. A strong rally adespite rates lower across the globe. Sara eisen sat down with fed chair Stanley Fischer and asked him what could be done other than negative rates. I dont think its worth speculating on whether well be driven to any of that. I hope it goes the other way. I hope that we strengthen and that the economy strengthens and that we continue along the slow, very gradual, path we have been on and that the rest of the world is recovering in such a way th
The wednesday, june 22nd, 2016. Worldwide exchange from london begins right now. Baby please dont go if i make up tomorrow good morning, welcome to a very special presentation of Worldwide Exchange on cnbc, live from london, im sara eisen. Im wilfred frost. Welcome to london glp your turn. We are indeed, just across the river thames from the houses of parliament in less than 24 hours. An historic vote will begin to determine the uks membership in the European Union. Weve been seeing swings in sentiment and in the polls. Here is the latest the Financial Times poll of polls gives the leave camp 45 . 11 remain undecided. Weve got this thing covered for you from start to finish. Our guests for the hour include Financial Times Economic Times martin wolf. And mark astley. Jim mellone, and jacob reesmoog. Lets check in on the globe markets this morning. The u. S. Futures right now, they are flat. If we look at the tenyear note, the yield is 1. 687 . The euro gaining a little steam but about 1
By more than expected last week. Separately flipping from july to august. You are seeing green arrows, the dow futures up by 24 points. We did see slight gains like this yesterday when the markets closed. S p futures up by 2. Nasdaq but by 2. 5. If you check things occupy, the nikkei was down. The hang seng up, and shanghai up by 1 . Ahead of that brexit vote, the dax up by 0. 6 . The cac up by. 30. Tesla offering to buy solar city. Tesla would pay 26. 50 to 28. 50 a share. Thats a 25 to 35 premium to tuesdays closing price. Of course, solar citys stock has been down in a very big way this year. Elon musk controls both of those companies. Hes calling this deal a nobrainer that customers could buy an electric car, home battery and solar system all at once. The question is whether it puts too much pressure on tesla assess Balance Sheet. If youre an investor in tesla not youre thrilled. Its all about the battery, and theres a recovering story about two companies controlled by the same per
The city of nice after a truck ran down people celebrating bastille day. Michelle with the latest. Reporter new footage shows the truck that killed 84 people filmed by a freelance journalist. The 28 ton truck with hand grenades plowed through on the french riviera. People jumped into the sea while the semi moved more than a mile on the boardwalk. Police shot and killed the attacker and theres video obtained by the Associated Press that appears to show the moment when it happened. The u. S. State Department Said two americans are among the victims of the attack. Nbc news reports they are 51yearold Sean Copeland and 11yearold from texas. They were on vacation. Two Police Officials tell the ap that identity papers alongside the attackers with 31yearold frenchman of tunisian origin. No known connection to terrorist groups, not yet, at least. Eight months and a day after suicide bombers killed 130 people in paris. Michelle crusoe cabrera. Thank you. For more, the paris bureau chief at the f