Michelle carusocabrera. Stocks are lower but steady. The dow managed to hit record intra day highs earlier columbus day is today. J. G. E. , the worst annual performance in years what investors should do with this the big announcement tesla is down 2 after they said they are derailing the announcement of the new semi truck until December Tyler mathisen is here here is what is happening now. General motors taking a bigger step towards selfdriving cars, buying a sensortech firm called strobe no price tab mentioned marvel drops a planned venture with northrop drum mondmonds. This comes after they attacked the company for potential ties with the defense contractor. Apple looking into why some of its iphone 8 batteries are swelling maybe they need antiinflammatoriries. Brian . Tyler, thank you very much greetings from the janus advisory conference. We have had low Interest Rates for a better part of a decade. A lot of people may have never invested rates are expected to go higher. How do yo
The cac and ftse are weaker. But spain has picked up, 1. 2 gains there after the catalonians did not go ahead and declare independence lets look at whats happening with crude oil prices. Yesterday another gain in crude oil prices this morning up 41 cents now talking about wti above 51, 51. 33. A couple other stories were watching china urging the United States to halt the threats of violence against north korea. Chinas communist party own newspaper saying the war on the Korean Peninsula would be craftic and dialogue remains the best option. Concluding trumps strategy could backfire bigley. They used bigley . They used bigley. Yesterday the u. S. Flew two bombers over the Korean Peninsula in a show of force fireeye reports that hackers linked to north korea north korea recently targeted electric Power Companies using fake invitations to a fundraiser to target victims on todays wall street agenda minutes from the fomc meeting come out at 2 00 p. M. Eastern time we will hear from charles
Worldwide exchange. Im wilfred frost. And im sara eisen. For meetings on the imf, all the financers and Top Economists are here ill tell you what some of my takeaways are in a moment, but first well bring you breaking news out of the nations capitol. The Trump Administration says it will stop making critically important payments to Health Insurers who sell obamacare plans. Those payments were projected to 10 billion next year. Nbcs tracie potts is here in washington with more does this come as a surprise, tracie reporter it doesnt come as a surprise i can tell you that because we have been investigating what the prices will be for the premiums next year. And already 20 and 30 increases in some areas because the Insurance Companies were expecting this was coming. President trump has said repeatedly he thinks that its too much money and that this is not something that the government should be paying so those costsharing reductions is what they call them, many people refer to them as extr
Record books nearly half of the dow 30 are up nearly 25 over the past year. Three of those stocks making investors more than 50 in their money in just 12 months. One of those, United Health, posting another bigly gain on Solid Earnings and President Trump, you may want to hear this. Unh shares now up 511 since the day obamacare was passed wow. Streaming, studying and snacks also on the move today netflix saying it will spend between 7 and 8 billion on new content. Education Company Pearson boosting its profit forecast and corn dog maker sonic beating profit estimates michelle corn dogs youve got to love a corn dog. Im Michelle Caruso cabrera. Heres what else is happening at this hour. Canada and mexico both expected to firmly reject u. S. Nafta proposals but will offer to keep negotiations going thats according to two people who were briefed on their positions. Meetings are set to begin in just about two hours reports indicate President Trump is likely to announce his pick for fed chai
Clinton. Whose state Department Approved a deal to sell uranium 1 to russian atomic agency. At the time 4 House Republicans urged Obama Administration to block the deal because of National Security concerns. They rightly sounded that alarm it would give moscow control of 20 of u. S. Uranium reserves and a controlling interest in one of condition res largest urainion countries largest uranium mining sites. We have just learned there was a criminal invest gre investigatio official at the atomic agency. Secretary of state clinton was more interested in a payoff. That was huge, 9 investors in the rosa tom deal funneled 145 million to Clinton Foundation, before, during and after u. S. Government approved the deal, former president bill clinton also benefited and personally iraqing in a half millio mill g in a half million dollars. Now critics to know, whether Obama Administration officials who covered for clintons were aware as well of the russian racketeering, because those same officials