A payroll tax cut to provide shortterm stimulus, pu sources telling cnbc the white house is far from ready to roll out the proposals and a number of Companies Cutting their dividends and Spending Plans guests this afternoon, the ceo of jet blue as the company pulls its guidance due coronavirus jim oneill joins us to discuss the Economic Impact and government responses around the globe and what to do with your money now. David herro will join us as we count you down into the close. 59 minutes left of trade joining us for the full hour, paul hickey and paul, you guys have been doing some research as to how key and how stomach churning this final hour of trade has been this really is the most important hour of the day lately over the last ten days zblsh repeat that. Most important hour of the day. Over the last ten trading days, weve seen an average move of 1. 1 in the s p 500. Weve only seen that five other times going back to the early 80s last 15 minutes of trading, average move of. 8
Is advising trump on three debates this fall with clinton. Major garrett reporting. Thank you. The cbs overnight news will be right back. [ buzzing ] [ tree crashes ] [ wind howling ] thank you. En our special series, we have been hearing from experts about the Critical Issues that the next president will face. The moment he or she takes the oath. Tonight, Margaret Bren nonis with retired general and former cia director, david petraeus, talking about the dangers of iraq on day one. Reporter what concerns you the most about iraq right no well defeat the Islamic State that is going to thap pen. Just a question of how long it takes. It is iraqi politics that have to become more inclusive if you are to cement the gains on the battlefield. When the next president takes office whats the best Case Scenario he or she will face in iraq . Best Case Scenario will be one in which the Islamic State has been defeated on the battlefield and its terrorist cells have been reduced guerrillas insurgents
Public, and we have some blast from the past sounds when he was talking with you, mr. Cramer. Yeah. Futures on the rise, and upbeat data on housing added to the positive sentiment. New Home Construction up 15. 7 in july, a rebound after two straight monthly declines. Building permits up 8. 1 , and meantime, Consumer Prices up only. 1 last month. The nasdaq closed at 14year highs. Yes, sir. I do remember march of 2000 quite well, actually. Yes. It was my birthday of that year that we hit 5,000, whatever it was. Right. Of course not to be seen again, will be a generation, but were getting closer. We are. The makeup then was different because it was cisco powering things higher. People need to remember the companies that cease to exist, and thats totally understandable, a couple billion dollar company, but the reason why things got awry was that the s p was infected with tech, radically overvalued, and at the 2,000, wow, it was bad, but there was a dramatic switch in march meaning the mon
Herehey are. We have gary b. Smith, jonas farris, john layfield, larry glazer, and sasha burns. Larry, failure to reach a d dea wot mean the endf the world . Brenda, enough with the scare tactics. Look, i know it almost halloween. But the American People are sick and tired of being frightened into supporting mindless and endless government spending. Look, not raing the debt ceiling not the same as a default. Theres plenty of revenue to make interest and principle payments and to keep our accountscurrent. This is nedless frightening of the american pele, and they are not going to stand for it. They are fatigued. All right. Sasha, are you frightened . You know, youre the first person ive hrd that has said that with a straight face. Am i concerned . No. Because i know that at the end of the day, the republicans are going to overcome theob rule of the teaarty and come up with a solution to keep the to keep us from defaulting. It is not just democrats saying this. It is ceos, the coke broth