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and he s going to drop by before he goes to work. right? yep. steve: all right. did you get a free breakfast yet? yeah, i got one to go. steve: good boy. round of applause for my nephew. go to work. very good. [applause] steve: all right. we re here in kansas city for the big game is in nine days. and, do you know what? brian and ainsley, i know you are going to be a little jealous, right over here is a fellow by the name of ken cramer. ken used to be with the kansas city chiefs. he is a sports agent now. everybody calls him fuzz i have no idea why. it s a long story, steve. steve, on behalf of the bright futures fund here is a helmet for the super bowl for our running back pacheco signed it for you. steve: very, very nice. thank you very much, kansas city. [cheers and applause] everybody brought me something. [cheers and applause] steve: more of that in a little bit. ainsley and brian, we have breaking news. brian: yeah, we do. that is great stuff, ....
In a moment. Also if the headlines, chinas anbang withdrawing its 14 billion bid for starwood hotels. That means starwood will be owned by marriott. Well talk about what is next. And an interesting story around the mysterious anbang. Tesla shares higher this morning. Elon musk unveiling the new model 3 in los angeles last flight. He says preorders are already red hot. Welcome. Good to be back with you. Lots to do today. We have to start with the markets, all of the viewers and listeners following that jobs number. Not a great number, pretty good number. Stock market doesnt like it. The market is torn. I think the most important thing left out of all the discussion, new york and california raising the minimum wage big. Thats how wages go up now. It just shows you you have to push them up. The supply of labor force is so big, in part because of digitization. Ge talks about it. In part because of the loss of manufacturing. These jobs are not highpaying jobs, unless you have a minimum wage ....
Outpouring from you. On a day where the dow climbed 91 points, s p gained and nasdaq advanced. Their weakness is not their weakness. Our strength is not our strength. We can be thrilled about the onetwopunch of lower chinese Interest Rates and more promises from European Central bank that were responsible for todays rally. But until we see the huge infrastructure jobs and the wasteland. Until we see the germans spend a half trillion dollars to stimulate their economy, something that Angela Merkels government seems unwilling to do. You need to be careful. Were the ones with the strong economy. We have a Federal Reserve that get it is. That understands the number one jobs is to make our economy stronger. My late pop believed in the fed. More on that later. And you ....
Were left undelivered. It is a half day close for the markets today. Germany closed today. Other european markets are having shortened sessions. Take a look at futures right now and see how the market is setting itself up for this Christmas Eve market session. Dow jones would open higher, about 43 points higher. Nasdaq up 10 points and the s p 500 up a little over 5 points. Weekly jobless claims, were going to get that at 8 30 eastern time. Economists are looking for 290,000 first time filings for unemployment benefits. Then weve got Corporate News to tell you about. Takatas president is stepping down amid the scandal over that massive air bag recall. The companys grandson will assume that role. Everybody is wearing red. Merry christmas. Merry christmas, everybody. Among the biggest buzz stories this morning, south korea now indicting i thought we were talking about north kore ....
Retailers seemingly turning things around. Best buy and williamssonoma reporting better than expected results. Keurig Green Mountain. Sell force. Com despite better than expected earnings. We have exciting news. High octane analysis once reserved for elite investors willing to pay armies brought to you through cnbc. Announcing a strategic investment with kensho using the cloud to bring Historical Context front and center. Ceo and cofounder Daniel Nadler will join us live to show you how it works. It will be interesting to see what they bring on to the set. You can get complicated questions answered within seconds, apparently. We look forward to that later in the show. First up, a pair of retailers up sharply. Best buy reporting better than expected Third Quarter r ....