Reporter the governor also proposed lowering the threshold for conservatorships for those with mental illnesses. Particularly for those who are homeless and turned down medical aid. He said we need to stop tolerating open drug use on the streets. He is asking lawmakers for nearly 700 million to ship the focus of californias Medicaid Program toward preventative healthcare. Bay area mayors supported the governors message today. San Francisco Mayor london breed writing i was glad to hear the governors support of ongoing resources for everything from navigation sensors to Affordable Housing. Which will help San Francisco continue the progress we are making and helping our on house residence off the street and into shelter and services. Oakland mayor libby schaaf tweeted this is californias biggest crisis. It crosses all jurisdictional boundaries and will take the entire region working together to solve it. San jose mayor rote the coalition looks forward to working with the governor and his
Low. Investors now down about 18 from the ipo price and its not just uber and this is definitely not music to investors ears, shares of chinese streaming giant ten cent are down sharply well tell you why onthon tuesday, august 13th as Worldwide Exchange begins now. Get along down the road weve got a long, long way to go scared to live scared to die we aint perfect but we try good morning, or good afternoon or wherever in the world you might be watching. Thank you for joining us here on Worldwide Exchange between the continued protests in hong kong and sharp drops for bigname stocks, it could be another busy day in the Global Financial markets and for your money. After yesterdays nearly 400 point drop for the dow, futures are trying to stay steady. Theyre flat across the board. But remember, this time yesterday we really had a similar situation and we had some of the headlines coming out about the hong kong airport closing, futures dropped, markets weakeneding down nearly 400. Stocks ai
This song cannot be played enough this time of year its the best new original Christmas Song it is outstanding good morning a warm welcome to Worldwide Exchange on cnbc. Its december, happy christmas i can start saying that now. It is im wilfred frost im Courtney Reagan in for sara eisen ive been celebrating for a couple weeks now you were celebrating thanksgiving initially its a blend. Courtney does do the best internal decorations her desk is epic its pretty good. I may have to sit at it later and take a picture and say its mine you can claim the credit and move on. Lets check the markets we did mention at the top of the hour that futures are pointing to a lower open after another record day on wall street. You can see the dow jones is positioned to open lower by 19 points if it were to open now, we know we have 4 1 2 hours to go. S p 500 and nasdaq pointing to a lower open we got this delay in the Senate Tax Reform bill passing late yesterday. As we look at whats going on with the t
I like it watch weeks later. Its relevant yeah. The wisdom. Absolutely. Global markets report lets check in on how were coming out of the overnight session. Looking at u. S. Equity futures the dow, s p a bit lower implied for the open same for the nasdaq. Coming off records again yesterday. How about overnight in asia. Well see how they react to the feds tightening yesterday which did not phase markets. The nikkei is up 0. 2 . I believe they had an earthquake in japan overnight as well the shanghai down about a quarter of a percent european equities, seeing how the theyre continuing, green pretty much across the board. France and italy leading the way with a half percent of gains ftse just a bit higher crude is coming off a flinday win streak you know, crude for wti is over 50 a barrel brent over 56 a barrel both down a quarter of a percent. Small declines for nat gas well talk about Hurricane Maria. Just thinking, japan, mexico, maria. Think about the last 30day period i know. Normall
In a few minutes President Trump is expected to make a jobs announcement well bring you nose commethose north korea fired back with tough talk to the u. S. Eamon javers has details. Reporter we got the white houses First Response to the north crkorean comments. First the comments, what he said about the United States in the wake of the flybyes by american bombers over north near north korea over the weekend he said since the u. S. Declared war on our country, we will have every right to take countermeasures including the right to shoot down u. S. Strategic bombers even when theyre not yet inside the airspace border of our country. White House Press Secretary Sarah Huckabee sanders in the brea briefing a few moments ago said the United States has not declared war on north korea and to suggest it has is absurd and also had this to stay. Take a listen. Its never appropriate for a country to shoot down another countrys aircraft we its over International Waters our goal is still the same, w