20 so what does that all mean . White house director of legislative Affairs Mark Short is here, he will tell us. Matt lauer apologizing following reports that he had several inappropriate encounters with women during his tenure at nbc and now folks are asking who knew what, and when did they know it . Nbc insists none of the current executives knew anything. What about former bosses . Are there legal implications to all of this . Were on it for you. Ambassador nikki haley issues a tern warning to north korea. Stop your acts of aggression now. Will tough talk change anything . Were asking retired fourstar general jack keane. First to adam shapiro on capitol hill to tax reform and my goodness, were inching, close and closer. Mccain news, big stuff, adam. Reporter huge news what john mccain said about voting yes for the bill. It provides cover for 10 senators on the fence. But none of those senators have said no other than ron johnson. Even johnson gotten essentially what he wants as has
Closed down by about 2 . The losses were more severe by the hang seng. Down 2. 1 . The shanghai off by 0. 3 the nikkei down by 441 points. That will get your attention lets look at early trading in europe again, some declines there not as severe as we saw in asia, but the dax is off by 1 lesser losses for the cac and the ftse declines in italy and spain. Yesterday the tenyear yield was 2. 35 , this morning at 2. 34 . We are watching the price of bitcoin surging past 12,000 towards a new record high. The currency got a boost on friday when regulators announced it would allow the cme group and cboe to allow bitcoin future contracts. Theres a few economic reports on the wall street agenda the november adp employment report is out at 8 15 eastern followed by revised Third Quarter productivity and labor costs at 8 30. On the earnings front, brownforman, h r block, American Eagle outfitters are set to report before the opening bell broadcom and lululemon are out after the close. We mentioned
Is and how many massive it is. It had multiple centers and now a concentrated center so our computer models are getting a better grip and coming to a better consensus of the track of this storm. Look at this snow inland i just got a report from charleston, south carolina. 6inches of snow. So if charleston gets 6inches, you know that we can we could be in for it the storm will accelerate, intensify as it moves up and off the eastern seaboard. It will bomb out over new england and that means rapidlily intensify. There is a blizzard warning for our shore counties and also sussex county, delaware. A winter storm warning where you see the pink for philadelphia, south jersey and our adjacent suburbs and Winter Weather advisory as you go north and west further await from the storm but everybody sees the snow. Snow rates of one to 2inches an hour in that rapidly intensifying storm especially of course in that blizzard warning down the shore. Down the shore winds gusting to 50 miles an hour and
The afternoon it did not rain what people were concerned about is this. The possibility of soaking rains making these hillsides come down possibly injuring people in homes below and possibly doing more destruction. So far wine country has dodged the weather bullet. Rain was not an issue until noon when the first light rain started falling in santa rosa. Rains that stayed light for the afternoon Sonoma County as well as napa, sears rain falling on the hillsides in burnedout lots could start mudslides, floods, and perhaps landslides. At napas napa valley expo crews handed out three wattles to help stabilize lands. We are on a steep slope, our house has been removed and the foundation is gone. There is a lot of exposed dirt work that needs to be protected. We got around the foundation yesterday and today we are putting it in the drainage channels and finishing up areas where ash and debris will go into the drainage channel. Reporter back in Sonoma County the worst danger is to those resid
Volatility continues to rise. Investors rush to buy up Government Debt. That sends yields higher about i want to tell you again, i cant stress this enough, the economy is stronger than weve seen in years. The fundamentals are rock solid. You have earnings continuing to beat expectations across the board. So i remind he have up with, take a deep breath. Do not panic. Things will get better. If they go a little worse, hey, you have a heck of a buying opportunity. We have all stay lineup to break everything down on wall street. The government pass as brief funding bill to avoid a government shutdown. It leaving a whole lot of republicans pretty unhappy and some democrats about our ballonning national debt. I will speak with the white house director of legislative Affairs Mark Short coming up. First, get down to the nyse. Were in recovery mode, only down 156. Hey, nicole. Trish you hit it on the head. Some things are in flux. Inflation risings, a budget deal, and a market run up 8,000 poin