Broadcasts of preseason games are suspended in china while the nba commissioner says profit can come before principles. And as we said, boeing under pressure, the company sued by the Union Representing pilots at southwest over the now grounded 737 max. So tensions between the u. S. And china ahead of trade talks expen scheduled for thursday in washington targets include ai startups, a spokesperson for the Chinese Foreign ministry quoted as saying stay tuned for retaliation. And then there is additional reports out of the Chinese Press theyre going to cut their visit short by a day not carrying the official title of envoy, they havent been given official instructions from xi. You couldnt have a worse way to start these talks lets go back, run the tape back to friday. Larry kudlow was optimistic something would happen and there were other members of the administration saying what the heck no they havent agreed to any of the seven deadly sins to roll back the intellectual property, someth
Painting a rosier picture of economic fundamentals. Joining us is david zervos, looking sharp with the new haircut. David, what do you make of the fact that we have bounced back pretty nicely . Yesterdays reversal and some followthrough today what does that tell you . I think the trade tensions are definitely a story summer liquidity is the story. It was a pretty aggressive 200point plus move in the s p and the interesting thing from the price action for me is the rate market. The rate market had an incredibly large move. One of the largest weve seen in a while and it really hasnt come back off that much. So while stocks have rallied back, you would have expected maybe rates would have sold off a little more, risen a little more and they havent. So this is maybe telling you more that people are getting comfortable with a fed view that is cuts are coming and probably more cuts are coming than people had been nervous about with the meeting. You know the important thing in that answer, da
Welcome to asia, where the heart of the continent beats. Does she really read minds or not . Premiere. Anna ostrovskaya, investigative committee. Unspecial gifts. There you go, girl. Maybe this dream of mine is somehow connected with this matter. And do you know who to kill . Yes, look, but without amateur performances. Look first in the application or on the website. Lets tell you what this day is memorable for in history right now. Hello. On march 19, 1279 , the battle of pearl took place. The battle in which the mongols crushed the chinese song dynasty. The mongols attacked the chinese land half a century earlier, quickly forcing the chinese to sign a peace treaty. The song empire pledged to pay them tribute of 200 thousand silver bars and the same number of pieces of silk per year. But after 20 years, the raids resumed, although the chinese put up strong resistance; in 1275 the mongols destroyed the entire land army of the song empire and captured the capital. And now the fleet in
You picture that in power lunch starts right now. S. Hey, everybody welcome to power lunch for a wednesday. Thanks for joining us. Im tyler mathisen, stocks on track for the first down day maybe for 2018, and you want to be volatility you wont see it there look at those moves. The dow just peeking into positive territory by 0. 01 of a , led by the airlines, american, united, delta all flying a new tenmonth high and breaking news on the tenyear auction results Just Moments Away were above 2. 5 Home Construction stocks tracking for their worst day, folks, in more than a month. Morgan i am Morgan Brennan are Rising Interest Rates a threat to this rally we have all the angles covered Rick Santelli in chicago watching an auction of tenyear notes. Steve liesman here on set on the rapidly Rising Interest Rates, but we begin this hour with bob pisani where stocks are rebounding bob, whats going on slowly but surely, about you it started out rather rocky. Preopen, the futures contract, where ab
About asking for a raise, now may be the time. Todays employment report showed a pickup in average Hourly Earnings, as businesses raise pay in order to attract a smaller pool of available workers. According to the Labor Department, the economy added 161,000 jobs last month. The Unemployment Rate ticked lower to 4. 9 . Average Hourly Earnings rose. 4 to the fastest annual pace since the end of the great recession. Hampton pearson has more on the last jobs report before the election, and what it may mean for wall street, main street and the fed. Reporter there was an october surprise in the final jobs report before the president ial election. A pay raise for american workers. In the last 12 months, average Hourly Earnings up 2. 8 to just under 26 an hour. The biggest pay raise in seven years, according to the Labor Department. The workers have been looking for a meaningful raise for quite some time. They deserve that raise. And were seeing this sustained evidence theyre getting it. Repor