Brought to the tasks. They are truly visionaries. It is unfortunately dont have the opportunity of having this conference in the new museum space. But when you look over at the National Museum of African American history and recognize that a few short years ago, there was nothing there, and what lonnie has accomplished is mindboggling. The idea that lonnie and jim have had about making this engagementand an with the past as a central aspect of opening the museum to the American Public is really quite terrific. I must say i feel uneasy standing up here at this moment. This is the last session of a long conference day. And as stimulating as the conference has been thus far, from my own experience, i know what happens at this point [laughter] everyone is sort of flagging. Youre thinking about fresh air. You are thinking about a drink. And are probably exhausted at having all sorts of people appear chattering away. The good news is i think you will find the presentations in this session ve
Futures coming back slightly, but now goldmans out with a new very pessimistic note on the market. Hp is buying samsungs printer business for 1 billion. Were going to talk to hp inc. s ceo about that deal in a cnbc exclusive squawk box, donald trump saying were in a false market. And janet yellen is keeping rates low because president obama wants her to. Well have much more from that interview coming up as well. First up though, futures are recovering a bit after this mornings losses following the friday selloff sparked by those rate hike fears. This morning atlanta fed president Dennis Lockhard saying theres been enough economic improvement, he says, for a, quote, serious discussion about a hike at next weeks fed meeting. Nearterm theres enough economic momentum to basically say the fed has met its goals, in the medium term, mike. Yeah, seemed pretty noncommittal. Obviously they were going to be having serious discussions at the meeting in september anyway. I think the market, the bon
Sanctions against wells fargo. Well have that story plus reaction from former fdic chair sheila bair. Well get to her in just a moment. Plus a new report says amazon is getting more serious about its own shipping business and it may be looking to ditch fedex and ups altogether. This as amazon stock continues to power higher. More on that story coming up a little bit later this hour. And shareholders voting today to approve one of the largest corporate deals in history. Well take a closer look at Anheuser Buschs takeover of sb miller. Is that enough . We have more in the next couple hours. Lets begin on the breaking news of the oil front that has moved the market today. Jackie d. Has it for us. The spike in crude oil putting some traders off guard today. Closing today over 47 a barrel. Now, three major headlines coming out of reuters regarding the opec meeting, but remember, theyre citing sources. Nobody officially has gone on the record here. You mention there is potentially a deal to
By the fire are at Evacuation Centers right now. The mandatory Evacuation Order for the community of baressa estates have been lifted. Some evacuees who live in the areas hardest hit by the fire may not be allowed to return to their homes for another week. Cobbs going to be the last one to get electricity and weve heard theyre going to have this thing set up for a month and a lot of that is for the homeless folks who dont have anyplace to go im guessing. Well see what happens when we get up there. Officials are telling evacuees federal help is on the way, and it will come with a minimum of red tape. For some students evacuated by the valley fire there was some sense of normalcy as pope valley reopened its doors on a voluntary basis. Its a small school, 52 students and ten staff members, but ktvus Cristina Rendon was there as they arrived this morning and youre live there now. Hows it going there . Reporter the pope valley superintendent told us he didnt know what to expect this morning
Gold, crude moving lower this morning. The dollar setting some new highs. Just now, jobless claims rise to the highest levels since june. Poised for a higher open, lulu lemon beats on the top and bottom line. Raises forecast for the rest of the year. Another retailer trying to regain its cool. More from target, as well. The exclusive interview we just mentioned, that newly minted chief of sprint will sit down with favre. Oil prices falling on worries about growing supply, International Energy agency lowering its oil demand forecast. This on the morning after the president delivered that primetime address outlining his strategy for combatting the threat from those islamic militants, including american air strikes in syria. This Counterterrorism Campaign will be waged through a steady, relentless effort to take out isil wherever they exist and support for our Partner Forces on the ground. This strategy taking out terrorists who threaten us while supporting partners on the front line is o