The details ahead with the shares down 4 . I saw you guys playing with that this morning. John was a sport in that. President trump signed that executive order that he says will end the war on coal. Epa Administration Scott pruitt joining us to talk about this on a first on cnbc interview. We look forward to that very much. Meantime, details on that executive order. We are at the white house right now. Bill, the president went to the epa to sign the executive order moments ago. He arrived back here at the white house. The president put in all of this in the context of as you say, ending president obamas socalled war on coal. He said this is about creating jobs. Heres the president over at the epa. My administration is putting an end to the war on coal. With todays executive action, i am taking historic steps to lift restrictions on american energy, to reverse government intrusion and to cancel job killing regulations. What specifically is the administration doing here . A couple bullet
Comments, with Health Care Reform still on the table, a possible tax reform infrastructure deal coming this year is the best thing to do to keep calm and buy on. The process. It does seem that way. If you look back on friday, what do we see . The markets are actually higher on friday. We thought the bottom was coming out of the market w. One line, speaker ryan cures everything. To me, im actually shocked at this, the market is giving the leeway to the administration. Which means, once again, we are all missing something. I said yesterday, i said last week, i think im missing something, because the market continues to rally when i think it has every reason to sell justify. The market fought. Once you get a positive headline like this, where, okay, maybe tax reform is still on the table, the market want s the rip higher. So, yes, i do believe you stay in these long trades, i do believe you buy on dips, because there is something im missing, its definitely both. The safe trade is a lot lo
And in one weeks performance, and macys, and nordstroms and kohls all down double digits, and coming in short on the topline, and only macys beating on the bottom line. And jcpennys, and daillards ae down on the bottom line. And macys, and nordstrom put up the worst comparable sales in nine years, and jcpenney is also down, and jcpenney missed the comp sales estimate base wide margin, but it is holding the guidance due to the recent comp trends in the last two weeks in ape are ril. I spoke with Ceo Marvin Ellison on the phone, and he is interested in bringing in less weathersensitive categories, and rolling out appliance, and growing Sephora Beauty in more stores. He does not believe that the quarter is a reflection of those moving to the amazon, because he said that the customers feel good about their financial situation, but it is more of the lack of confidence in the future of the economy, and specifically the economy under a nonincumbent president. And thank you, courtney. The reta
Bet on a blowout Earnings Report tonight. We will dig into those numberes. And facebook isnt the only set to announce numbers. We have a bunch. Weve got full Team Coverage of all the results coming your way. Love this time of the year, when the numbers are all coming out. Meanwhile, the Justice Department recently moved to block two huge health care deals and coming up, ralph will tell us what thats doing to the dealmaking climate and whether that is creating any tension between wall street and washington at a critical time of the campaign. And later we will hear from the top ranking executive at airbnb on his plan it win over the democratic party. Shouldnt be too hard given where he worked. But days after senator Elizabeth Warren called into a probe into whether sites like his are pushing up rental prices. Uber and airbnb, very big presence lobby wise at the Democratic Convention this week there in philadelphia. Lets start with the low earnings and low expectations and a pop for apple
Get great values on your favorite lexus models, during the command performance sales event. This is the pursuit of perfection. Transit fares as in the 37 billion transit fares we help collect each year. No . Oh, right. Youre thinking of the 1. 6 million daily Customer Care interactions xerox handles. Or the 900 Million Health insurance claims we process. So, its no surprise to you that companies depend on todays xerox for services that simplify how work gets done. Which is. Pretty much what weve always stood for. With xerox, youre readyl business. Another great week. Five straight up days. Alltime highs. Do we say its exciting . No. What we say is its interesting. And we stay focused, we stay skeptical, but weve got to like what we see. Theres always a market somewhere. I trycramer, and i will see you monday good evening, everyone. Im larry kudlow. This is the kudlow report. What a difference a week makes. Last friday night the news was all gloom and doom. President obama was predictin