Premarket. Lauren ftse in england touching alltime high as british economy picks up steam. Cheryl in asia investors, nikkei up nearly 1 , shanghai also higher. Lauren could make every Electronic Device vulnerable to hackers. Fbn am starts right now. Cheryl 5 01 a. M. In new york. Friday january 25th, good morning, im cheryl casone. Lauren good morning, you survived the storm. I think we all did. Back for another day. Im lauren simonetti. Cheryl it is the day after. Lauren its cold outside too. Cheryl we will talk about show later on in the show, it is freezing in the east coast. First, thats not stopping crowds in dc from i think to this. The book is out. White house tellall on store shelves, came out four days early. They lined up overnight to get hands on fire and fury as the white house is striking back saying its full of lies. Lauren Griff Jenkins with the very latest. Griff, have you seen the book yet . Good morning, lauren and cheryl. [laughter] this is the book the white house d
Here is a beautiful live look outside on this saturday morning and not so pretty, maybe about 10 degrees sitting on that screen right there. It is bone chilling cold yet again, gary. This morning purposefully i have not looked at the temperatures across the region. I wanted to be as surprised as everybody else. And what was your expression. I havent looked yet. Oh, you havent looked. How can the weatherman not look. I looked at the temperature here and i was like lets just wait. Let me say this, as cold as it is this morning arent the wi andthe wind chill factorse brutal its going to be colder tomorrow morning. I think tomorrow morning we could have maybe a few zeros out there if the winds die down tonight, tomorrow morning. Lets look at whats going on this weekend. Obviously its going to stay frigid, no doubt about it. It will warm a little bit tomorrow but its not going to get to freezing. Well stay below freezing. Drum roll, please. 8 degrees dulles. Oh, my gosh, manassas is one. An
Good wednesday morning i am carl king with jon fortt. Dow is up 128. Tech sector leads the s p. For more on tech, bring in Victor Anthony and elly wheeler, partner. Welcome to you both. Welcome to tech resilience in the face of the selloff, even though we can parse, fang, talk about underperformance within that right i mean, there are certain names that are underperforming facebook and alphabet. Ironically, those are two names with multiple support but they have secular growth drivers. From all of them, market share gains across the board, ecommerce and advertising but in the case of netflix, subscriber growth that continues to be strong i am buying alphabet, a buy on facebook and amazon. Hold on netflix for now. But i am optimistic bought all these names. Facebook and alphabet, were talking later this hour about regulatory threats do you think thats effecting them, those two in particular . I think for alphabet, eu overhang has been an issue for several years. It will continue to be a
Korea. He sat down with Gold Medalist chloe kim. That conversation is am coulding up in just a few minutes so stay tuned. Thats going to be super fun. All right. Now to the extreme market volatility less funneled which has been a global phenomenon as well for more on whats happening here and abroad, were joined by stephen roach, former morgue an stanley asia chairman, Yale University senior fellow he warned in december that global economies may not be as resill yen resill yent as once thought. We didnt plenmention that you also an economistist what do you think of the Interest Rates spa spooked the markets. Are they going to go higher or what is your prediction . Well, i think the Federal Reserve is clearly got its antenna up, michelle, given not just one data point on inflation but the fact that the economy has a fair amount of momentum at full employment and lo and behold were doing a lot of deficit spending at the same time which is not exactly the recipe for stable inflation going
The drought. Major flooding from sonoma and marin county. The recent storms have created a lot of concern and catastrophe here in the bay area. The 100foot tall eucalyptus tree slammed down. But the storm has also reduced worries about our water supply. Last summer you could see the bottom of this reservoir. Today its nearly full. Lexington reservoir is above capacity and spilling over. So are coyote and u vis. Our rez voice are 162 of normal for this time of the year. Reporter weve gotten so much rain we have a new problem. Were releasing water from all of the reservoirs to make room for flood protection. Reporter our ground water supply is up significantly. And thats not all. Our statewide reservoirs are all looking very good overall and snow pack is just looking outstanding. Reporter overall the gray days of january have left us with a much brighter water future. The district says we received 200 of normal for january and were not even done with january yet. Reporting live in san jo