A new zealand volcanic island were 8 people are still missing their dad. And his Prime Minister received the Nobel Peace Prize but shares the credit with his eritrean counterpart. The Democratic Leaders in the u. S. House of representatives have published 2 articles of impeachment against president all trump accusing him of betraying the nation the charges or abuse of power and obstruction of congress both chairman from Donald Trumps efforts to pressure ukraine to interfere in the 2020 Alexion Castro begins our coverage from washington d. C. Standing before a portrait of one of the nations Founding Fathers George Washington house Democratic Leaders made a historic announcement today in service to our duty to the constitution and to our country. The House Committee on the judiciary is introducing 2 articles of impeachment charging the president of the United States donald j. Drum with committing high crimes and misdemeanors the 1st article is abuse of power for withholding security aid
Committed impeachable offenses in pressuring a foreign power to open an inveigation into a political rival. Also this week, california senator, harr announced she is dropping out of the president ial race. Harris had gotten off to a strong start with an impressith performance withfirst president ial debate held in june. Since then, her campaign was marred by infighting and muddled messaging key issues such as healthcare. With us now is l. A. Times political reporter melanie mason. She joins us via skype from los angeles. Thank you for being here, melanie. Thank you for having me. In the studio politica writer carl m iannucci. Wa carla, i to start with you. It has been a big week in the impeachment inquiry. We know speaker ncy pelosi announced yesterday she has directed the house committees to draft these articles of impeachment. Can you quickly walk us hrough whpens now. Now wehave got come in the house judiciary committee, they will take up these articles of impeachment. We y hear fro
Date trade tensions resurface as china rebukes the decision to sign a bill backing protests in hong kong. And retail front and center as we get forecasts from adobe and the National Retail federation, forecasting strong Holiday Spending joining us for the hour is allied chief Investment Strategy lindsey bell here we go, a shortened day today but a lot of excitement. Whats driving the action . Well, you know, there is lower volumes today. Coming into the end of november, going into december, this is the seasonally strong period of the year earnings season was a good one retail sales pretty good retail earnings were good even though a mixed bag and so i think were in the period of pause until the new year. What are you paying close attention to today. Well, today, i think its really all about this is black friday about the retail environment and the consumer theyve been very confident, wages going up Unemployment Rate very low, near 50year lows can the strength of the consumer driving th
Good friday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange busy market day. Were going to start with tesla obviously, elon musks reveal of the companys new cyber truck. Phil lebeau has more about the window shatter heard around the world, phil. And a lot of people are watching that, carl. Cant say the unveils from tesla are boring they showed the cyber truck last night, the design had people saying whoa, what is that. When you look at this truck, it starts at 39,900 when delivery starts in late 2021, early 2022 range of 250 and 500 miles right now, analysts are underwe underwell whunde underwhelmed the appearance was met with criticism. Colin rush says we anticipate the majority of consumers will not be inspired by a vehicle so different from current norms as for the armor glass windows and failure, heres what elon musk had to say. We threw wrenches, literally threw the kitchen sink at the glass and
Sevenweek win streak and tech is the secondworst performer in the s p. Joining us for the hour, Barbara Duran from bda capital is here at post 9, talking more about a market that happens to be happy as long as trade tensions are not escalated, pretty much right . That is for sure. And i think a lot is being discounted in the market in terms of global recovery, the fed is on hold, but watching careful. And we have yet to see the effect of the Interest Rates next year. But trade, i think, its what people are expecting is that therell be no more bad news i think hoping for something more, like a rollback of tariffs would be a bit much. This seems to have morphed into a geopolitical technological fliskt i think the downside is limited also for those same reasons, plus people are defensively postured and so on but i think what its going to take is next year, having to see what the earnings are going to be and thats a possibility is the market even considering that possibility is that priced