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Well talk about that coming up. Speaking of taxes, coca cola ceo tells cnbc what he would do with a Corporate Tax cut well have all of those details coming up. Then theres best buy, its sitting out the rally today. Down pretty sharply. In fact, its off the lows right now. Less than 4 decline is the iphone to blame, iphone x to blame we have a debate on best buy coming up here. We begin, though, with the breaking news. Stocks hitting session highs as the house passes the tax bill. Ylan mui, our intrepid reporter on capitol hill has the latest for us right now ylan reporter bill, that final tally is 227205, that is a comfortable margin of victory for republicans. They said they were going to get this done by thanksgiving. No one really believed them. They were able to pull it off. Republican leadership held a press conference to celebrate. From the very start, we said that failure is not an option and the president and his team have ....
Billions and italians are set to head to the polls italys government dissolves parliament with a general election set for march 4th good morning its the last trading session of the year youve been hearing from us the last couple of hours lets see how European Equity markets are faring sentiment has shifted a bit to the green. Were seeing stoxx 600 trading stronger on the day now. A zig zag, but around the flat line, up 0. 7 . Lets look at individual bourses. Ftse 100 up 0. 1 ftse is at new record highs for the year a big part of that move has been propelled by the Mining Sector its at the highest level since 2004 in the ftse the rest of the european indices mixed there. No major moves again, were talking about xetra dax and the fact its the outperforming index. Lets look at sectors and see which sectors are doing well basic resources, commodities, metals still having a strong ....
We have five people confirmed dead as a result of the storm. The forecasters have been telling us the worst may still be ahead because there is more rain on the way. President trump says he thinks congress will quickly approve the funding thats necessary for recovery. The president is heading in person to texas tomorrow. When he gets there well see an area still dealing with a catastrophic event. One that is by no means over. In terms of where thing line up this evening. 2,000 people in houston have been rescued so far. 3050 counties in texas have been impacted. 30,000 plus are expected to need shelter. We have the Economic Impact in the Market Movement we are following. And we do so in the for of gasoline. Oil prices went up. We have plenty of oil in the world right now. But the refined product, thats hard to come by for we dont know for how long. Some of these refineries ....
Least 8 people have died as a result of the slow moving storm, torrential rain to continue over parts of texas and louisiana over next several days, with catastrophic flooding expected to worsen, fox report Trace Gallagher in houston with our report. Reporter in texas alone up to 50 countries are told to expect up to 50 inches of rain by thursday, two feet has fallen in houston area since weekend. In all, harvey so far has produced 9 trillion gallons of water. With the catastrophic flooding and mandatory evacuations, officials in houston say that situation remains very dangerous. Seniors, those with disabilities, those in lifethreatening situations. Reporter 56,000, 911 calls have been reported. Overwhelming the system, with two thousand residents evacuated so far by air and boat. Thousands more, forced to seek a dry escape. Roof went, and attic got wet, that soaked top floor, it got wet, it just pancaked. Reporter federal offici ....