Releasing the september jobs report next tuesday. So on forget our jobs friday. Its now jobs tuesday. Last months Producer Price index will be announced on the same morning. Then on wednesday, were going to get september cpi. Steve liesman, of course, and all these numbers are going to join us 8 30 eastern time with more on what we can expect. Before we do all of that, michelle has this mornings top stories. Andrew, do that again what you did with the fear index. Ooh, the fear index. It sounded like homer simple standard operating procedure, it was really funny. In global news, chinas economy glooe grew 7. 8 in the Third Quarter. In line with expectations. But the countrys sta. Ic bureau said growth showed signs of slowing in september. Speaking of china, chinese computermaker lenovo has signed a nondisclosure deal to examine blackberrys book. But the Company Reportedly faces regulatory obstacles if it bids for all of the company. It is said to be likely to pursue parts of blackberry. Bank of america reportedly considering a plan to introduce a Checking Account that curbs overdraft practices. The wall street journal says the plan will not allow customers to overdraw their balances at an atm or when making an automatic bill payment. No word on whether bofa is considering boosting fees as part of its Checking Account overhaul. Joe. Thanks, michelle. I was going to ask him to do that, too. Great minds. Hes pretty brave today now that weve got a deal. You were ooh, but you were trembling about going over before. Werent you anxious . I was a little anxious. I was. Well but now we can all relax. Take a breath. Weve got three months. To hold our breath is what we have. In the market yesterday, that was impressive. Because ibm was down like 10 bucks or something. And people still i dont know whats wrong. But this is all the fed. This is some kind of bizarreo backwards psychology. Its not bizarreo. This is not a function of, oh, well see how that in washington is sorted out. Its now everything in washington is so screwed up. But if we have another deadline that they have to anticipate not going well, which means theyve got stay loose. Its all good. All good. Theres a few after the bell movers. Google posted betterthanexpected earnings and revenues. Shares rising on the news. Look at that. Wow, 961 for google. That is a thats a horse to just get on and ride, is it not . Did you read the New York Times story . If you read the New York Times story, you would think things werent going very well. Is that a wishful article or an actual article . That the pace of growth is slowing, and, therefore, you dont get as much revenue still. All right. I did see a couple of things. And im start to go think like you. In fact, i was with you last night and i did think. No, i brought you up because i was using ways again. I dont know how many hours it will add to my life of not sitting in the lincoln tunnel, but ways is the greatest ways . Ways. Its an app. Oh. I saw writ will change your life. It shows my where the traffic is. Its phenomenal. And heres a couple of things, just quickly. Then im going to get to capital one, i promise. All the Internet Activity went from 60 mobile to 50 mobile. I passed a bus the other day when i was down in d. C. And the lady driving said look over at that bus. There was a line of window and everybody was on their phones. Everybody is connected all the time. With ways now i hit to see where there is a copper something and a home depot ad came up and it was like, ding, ding, ding, ding. Did you click on the home depot tab . I didnt. But i thought of it in a positive wait, home depot and frank blake and the way he looks in his apron and everything. But its possible to monetize mobile. But not as much. But who sits at home now and who opens a big laptop now . Its all and i said these smartphones and then penelope said i dont even have a she doesnt. She has a piece of crap blackberry. Its not a its a blackberry. Still, getting on the internet is so hard on a blackberry. No, no, youre on the old boels. The new ones are better. I dictated an email the other day with huge words in it, two paragraphses, perfect on iphone. The chinese wanting to buy all that hot security that blackberry is always famous for in terms of email. I dont know i dont know about that. Is that what they want to do . I dont know. Lenovo wants to buy blackberry. I didnt want them to buy the pork. But now they can buy all your emails, too. Theres nothing going on in my nooels. Capital ones results. Capital one, alec baldwin, the viking. Hes the ceo, right . Alec baldwin is now a colleague of yours. I know he is, god bless him. Hes a gregariously engaging fellow. Hes very talented. Its not easy to act that naturally about everything. Anyway, beating the street for capital one and chipotle. The worst mexican food is great, in my opinion. This is great mexican food. Hes just saying that its great. You dont have that expression sxregz . Ill tell it to you on a break what its actually all about. Better than expected sales, boost in rt kwaerly profits. Insisting it may raise prices in 20134 to offset higher food costs. And advanced microdevices. Why were anyway, its 3. Advanced micropost ago 6 decline. Every quarter we report on this company, the company dampening hopes that its fast growing gaming console business can take up the slack. Poor company for 30 years ive watched it. Amd, one of the four horses of the nasdaq. 2. 9 billion at this point. But youre not in all the mobile phones were talking about. Even intel has never regained its late 1990s mojo, really. Its a crazy time. Check on the markets this morning. Futures right now are suggesting that were going to have a positive open. The s p would open slightly higher. Dow would open higher by five and the nasdaq would open by more than 20. Will, wti is at 100. The tenyear yield has fallen. 2. 55 as we saw what andrew was talking about. Maybe the fed will be around for a long time. The dollar is at an 8 1 2 month low. 97. 65 yen for every dollar. Euro will cost you 1. 36. Almost 1. 37. The pound is going to cost you 1. 62. The price of gold is lower, 1,230 per ounce. Time for the Global Markets report, roscoe p. Coaltrain is standing by in london. Michelle, good to see you this friday morning. Equities a little firmer here around europe as we wait for the u. S. To post later. Advancer outweigh decliners by a racho of 7 degrees. Yesterday yesterday, just up another 18. The housing mkt has been in the uk. The cac 40 up nearly 0. 5 in paris. Now everybody in the states will be looking at what happened with google yesterday. We get on to that. This is the sector i wanted to look at here. Travel and leisure, Household Goods doing fairly well. We had some news out of china overnight. Third quarter gdp growth up 7. 8 . A little bit of disappointment with the breakdown of that because it was still sort of government led growth raerchb private bess. Still theres a concern about what that is going to do for the future, as well. The Fourth Quarter, going to look a little deeper. But normally if youve got a number that you thought was good, you might see basic resources up amongst these sectors, but its not. Technology down 0. 2 despite what google was saying. Of course, and ill just show you the frankfurt quote here for google, 7. 6 up google in the frankfurt trade as its nearly that 1,000 mark in the United States, as well. One other, corporate is worth keeping your eyes on here. Loreal 2. 3 today. The cosmeticsmaker coming out and saying, look, were pretty comfort where with things are. Confirmation, the cosmetics business is in exclusive talks to buy two japanese companies, as well. Theyve been in a pretty sweet spot, loreal. Wrap up with a quick look at where we are with the bond markets. Pointing out the tenyear treasury yields, 2. 55 for tenyear treasuries. Up bond markets here following to italy and spain. Interesting thing is, italy is now yielding less than spain once again. So were out of the yields for now. And yieldz also lower today, next treasuries, 1. 82 . Although that spread has narrowed just a little bit. Thats it. Thank you, ross. Good to see you this morning. We mentioned china earlier. Ross just mentioned it. Lets get to eunice yoon with more details on it. Hi, eunice. Hi, michelle. St numbers came in at 7. 8 . The big question is how is the economy going to look Going Forward . A lot of people are talking about how the september data showed us peaking out a bit. The retail Sales Numbers came in at 13. 3 . Industrial numbers came in at 4. 3 . This comes after the september export numbers made people nervous. Theres a lot of uncertainty there. On top of that, the people here are focused on a november meeting. This is a Party Conference when all officials get together and start forming policy for the next several years. People are wondering what are their policies going to look like . What kind of reforms could we have . And then you throw on top of that all the uncertainty that people are feeling about the u. S. Debt ceiling debate. Theres been a lot of chatter about that and how that could impact sentiment in the United States and that, of course, affects everybody here in china, especially in the manufacturing sector. Now, the government here did weigh in on this. Again on an official level, very happy with the resolution in the United States. But on an unofficial level, the state press was blasting washington. There was one editorial that said that the deal really just pro longs what it calls the fuse of the u. S. Debt bomb. Also, there is a chinese Ratings Agency that downgraded the United States because of all the politicking. This is not a household name in the United States, barely a household name over here. But at the same time, it does show a signal. Send a signal of how china is feeling about the deal and the politics getting in the way of the safety of their investments. Guys. Thank you so much, eunice yoon. Andrew. From china to washington, were really talking about washington today rather than yesterday where we were in washington. Washington back finally to work, but what do they need to do to win us back . Thats been the question weve been posing. And morning moneys ben white of politico joins us now on the set. Do you think they im not going to say do you think they can win us back. I dont want to be cynical. Did they never lose you . Its not that they never loft me. Its just that i dont know if there is a low. You have a long way to win people back when youre at like 20 pefrs approval. Across the board. One of the more dirveth things, you havent seen each other, actually. I saw you. You looked good on camera. You looked good on cam wash as well. I was a little suppressed with any of the questions we asked these folks in congress about what they were prepared to do. They were prepared to do basically nothing. You didnt get depressed when the president spoke he spoke before before it was actually signed. That didnt seem helpful. Let me ask you if these words would ever be used in terms of the president. Constellatory, gracious in victory, collegial, open. Did any of those words ever be in the lex confor theyre not the first things that come to mind when you think about the president , which is a problem for the budget talks Going Forward. How do we start the conversation on the right foot . I dont think the president started it necessarily on the right foot by going out and saying, if you want to make big changes, republicans will say we won a lot of elections and we control the house of representatives. And speaking for the vote in the house was not that helpful. Were starting off on a bad foot. And i think the idea that youll get a grand bargain right now that includes entitlement reforms, it will be hard. Democrats will demand more revenue. What is the path . Not too business all over again. The path is getting an agreement on funding levels for 2014, we know the somewhat over 1 trillion that democrats want and the sequest every level of 67 billion the republicans want. You get somewhere in ta range, less than a trillion. Maybe you reprogram the sequester a little bit. Then we dont go into crisis mode again. If everybody shoots really high and wants to get a grand bargain, maybe its possible. I think its not. I think you get a funding level deal and you get from there. Do you think its a mistake to shoot high . I dont think its a mistake. You want to talk about Corporate Tax reform, repatriation, theres a lot of things that could be done that would be helpful. The problem is you always run into demands from democrats for significantly more revenue. And thats just a place republicans are not going to go. They gave their tax increase how is you know, i talked to steve israel yesterday. How emboldened do you think democrats i mean, you talk about the president. For three months. And thats what they won . No, but thats what im i just want to know in terms of, therefore, how they approached the negotiations. And, therefore, also how republicans approached the negotiations. I think democrats feel emboldened in that they believe they broke republicans demands on the debt limit. Theyve broken the cycle of were going to default and crash the economy unless we get a, b, c and d on obama care. Do you think they just broke on obama care or do you think it was its mainly they broke on obama care. I dont think theyre going to try again to have a deal with the shutdown and the debt limit, you know, crash as the end result if they dont get obama care changes. But they havent broken them on were going to give you more revenue. Theyre not that emboldened and they shouldnt be. This occurred to me last night. Its sad that im not thinking about the dodgers or something, but it wasnt. I was thinking about this. When they change their tact from obama care to overall budget negotiations to try to get the president to negotiate on that prosecute this, they didnt. He got this. But does it matter that the president made it to october 17th without negotiating . And thats the victory . But now theyre basically where they wanted to be they wanted him to negotiate on budget issues. We went through the 17th. Now he has three months, but now he has to negotiate. So all he did was win a week well, i think what the thinking in the white house was you cant give in to unilateral House Republican demands as part of a negotiation. You cant set up a scenario in which the debt limit every time is going to be a weapon that House Republicans well, not anytime. Senator oh bam in ma in 2006 thought waits good strategy, but no longer a good strategy. He was our that was in the context of a vote that nobody thought was going to fail. Im not saying that the. But thats what they would argue. Boehner and everybody else, meaning how does he operate now . He let the rightist of the right wing they like us now. Drive him. What does he do this time . Its an excellent question. I think he probably counseled them not to try again to make n unrealistic demands in return for a debt limit increase. Although they didnt listen the first time. But they like him. They knew they were bad boys and he let them be bad. And he let them push it to the end before caving. He sort of let he gets strung around by all sorts of groups. He could try to change tactics. He doesnt have much choice because he doesnt have much control over that group of republicans who are going to do what they do no mart what happened. You can hang on to the tactics, but i dont know what other tactics he can use. Wow. Appreciate it. The crazy crackbarian still has a few gaps of light left. Mr. Sorkin corrected you. Theres still reading twitter all day. That was the entertaining part. In the death throws. But theres one last thing. Thank you, ben. Coming up, if you didnt get a good notes sleep, youll want to hear our next story. Why a lack of shut eye could do more damaging than it makes you fat, number one. And none of us around this table get enough rest. Squawk box will be right back. vo you are a business pro. Maestro of project management. Baron of the buildout. You need a permit. To be this awesome. And you. Rent from national. Because only national lets you choose any car in the aisle. And go. You can even take a fullsize or above, and still pay the midsize price. aaron purrrfect. vo meeeow, business pro. Meeeow. Go national. Go like a pro. I put in the hourswhere i am today by luck. And built a strong reputation in the industry. I set goals and worked hard to meet them. Ive made my success happen. So when it comes to my investments, im supposed to just hand it over to a broker and back away . Thats not gonna happen. Avo when you work with a schwab Financial Consultant, youll get the guidance you need with the control you want. Talk to us today. Time now for the executive edge. Daily segment focused on giving Business Leaders a leg up. Most people know that its a good nights sleep thats so important. Theres a new study that suggests a reason for why good shut eye leaves you feeling sharp. Scientists say theyve discovered a system in our bodies that scrubs away neural waste as we sleep. Mostly active when you are at rest and stops when youre awake. I am not surprised by this at all, guys. I remember in college with in the uro anatomy and things like that, sleep was poorly understood. We didnt know why anyone i mean, its obviously that youre in a resting state and something is happening that needs to happen because when you do sleep deprivation studies, people cant last beyond a certain point. And that makes perfect sense. Something is building up. Its all chemically mediated. So things get broken down. You would need to and your in the ural waste is not being cleaned out on many mornings, ive noticed that. Youve noticed . Ive smelled it. Wow. Ill tell you, what worries me about this, though youre a worrier. Theres a suggestion that plaques are related to alzheimer and things. So its a big itssue for me. Its a big problem. We both dont get enough sleep. I cant lie and say im great on four hours. Im not. But there are people who are great on four. No. That would be greater on seven. But some people did, like, calculate life hours that theyre alive and they think theyre wasting eight of them. And its like, thats not the way to think about it. But some of the most suc