fredricka would you like to enjoy a baseball game from that seat? yellow everyone. thank you so much for joining me is back on the campaign trail hoping to re-energize his election bid after sure. when he acknowledged was a weak debate performance thursday night, the president just touching down in east hampton, new york. today s making several campaign stops on long island and in new jersey as well today but it comes as cnn has learned, the democratic party leaders are conducting polls to determine if biden is really the best candidates the party is conducting new poles to determine if biden will drag down candidates down ballot especially in critical races in the house and senate. cnn s arlette saenz as jordi us right now with a very latest on this. arlette out. what more are you learning about these efforts behind the scenes? well fread, we re learning that behind the scenes, democrats are quite anxious relating to the president s debate performance on thursday night. and
First breaking news on how the tax plan will impact you ylan mui is live on capitol hill. Reporter treasury secretary Steven Mnuchin spoke moments ago about the administrations first step in turning the tax law into reality. Treasury department and the irs have just issued new guidance it to employers, telling them how much money to withhold from their paycheck under the new tax law. The irs will be releasing a new withholding calculator that will be vail on irs. Gov by the end of february. This will help provide individuals with certainty, so that they are neither overwithheld or underwithheld and can plan financial decisions. Reporter democrats have criticized the rollout of this process, saying that many people could actually end up paying too little in taxes. Secretary mnuchin said that claim is ridiculous, and that this process has not been politicized. Now, the white house is celebrating todays guidance as a win that will put more money in it workers paychecks but the same time t
May move toward a declaration of independence from spain as early as this week. This after hundreds of activists clashed with Spanish Police yesterday to stop them from shutting down an illegal referendum. Ism manufacturing data from september improved, coming in at 60. 8. Economists were looking at 58. 1. Prices paid shot up. Orders also improved from the previous week, as did ism employment. And Construction Spending up 0. 5 after a very poor month of the previous month. A lot of good data on the manufacturing. First, lets check in on the bloomberg first word news. Here is emma chandra. Emma the worst mass shooting in modern u. S. History. Authorities say a gunman holed up in a Highrise Hotel it in the Las Vegas Strip fired upon thousands of people at an outdoor music festival. At least 50 people were killed and more than 400 people were injured. Police stormed the Mandalay Bay Hotel and casino, using explosives to enter a room on the 32nd floor, and say they found the suspect dead.
11 pages of prepared statements in his testimony delivered today. What it weaker about did we hear about today . What new do we learn from the statement . Kevin c. we learned from the 11 page statement that there were four previously undisclosed meetings with russian officials that he has since now this over the weekend on friday, he has added to the Financial Disclosure forms that he has put forth to his additional forms that he needs in order to get that National Security clearance. He just walked out of the Senate Intelligence Committee Hearing room where i just was. He seemed upbeat. He was smiling and waving to reporters. At one point, he was interjected by a protester. He just kept moving. We are awaiting comment from Jared Kushners, the president s soninlaw, at the white house where he will speak at what im told is 1 15 p. M. This afternoon. There pushing back in pushing back hard. The president tweeting earlier today that he is pressuring what he described as his beleaguered at
First Abigail Doolittle tells us everything going on in the markets. Small small gains for the nasdaq but nonetheless looking at it caused with the reflation trade, the dow and s p 500 trading lower, the doubt on pace for its worst day in the month of february. Thething else about today, first day in seven trading sessions that we do not have some sort of record high for these three major averages. A bit of a pause in the reflation trade. We have stocks close to the record highs and still do not have a 1 move for the s p 500. ,hen we go into the bloomberg the top orange line is a 1 move up in the bottom line is it one person move down. We are now on day 49 without a move up or down. Day 89 without a move to the downside, the last time that happened was in 2016. Stocks trading to alltime highs on the reflation trade, the risk rally, we do not have any really big conviction behind it or big moves. The last view times the other ranges broke it was on massive volatility so when this tradin