Have him go through the numbers. Good morning, welcome to squawk on the street. Im david faber, jim cramer is here live from the New York Stock Exchange Carl Quintanilla has the morning off. Look at futures, final trading day of the week as you see, what a week it has been when you talk about the markets, you see we are looking for a lower open, not dramatically lower, but lower. Ten year note yield, talk about a ride, lets look at the ten year note yield. I actually want to see where we are. Were below 17 again. Lets start with a stock want to do that or talk markets. I want to i want to talk about stocks you do . You chastised me for hyperbole. But the millennials think that uber is the most important stock of the market. Huge amount of work just on that. There it is theyll pay up for uber. Shares are down in the premarket, jim this after reporting what is the largest ever loss, the number 5. 2 billion slowest ever Revenue Growth as well, ride hailing company, incurring responses rel
Charles st. Lawrence may not be a household name, but hes now in the big leagues for all the wrong reasons, targeted by none other than the u. S. Attorney for the southern district, the securities and exchange commission. St. Lawrence and head of a local economicindicted on 22 counts of securities fraud and other charges. They kicked truth and transspare si trans spare transparency to the curb. In doing so, they defrauded both the citizens and thousands of Municipal Bond investors. Reporter at the heart of the case a Minor League Baseball stadium, Provident Bank park that st. Lawrence said would not be built with public money. Through lies and accounting manipulations, they found a way for the town to fund more than half of the 58 million it cost reporter long time resident Connie Frazier says she always wondered. There are millions of dollars of public monies. Where is that money going to come from now . I voted twice against the provident baseball park. How did it get built . Reporte
Back to you. Steve thank you. A big mess on the new jersey turnpike after a terrible crash involving a military vehicle. Dari ines is joining us with details. This is horrible for the commute. A huge mess on the new jersey turnpike. The damage has been done. On our maps, im going to show you how far back the delays are. Southbound traffic jammed from interchange 9 heading southbound towards interchange 9. Between 9 and 8a, thats the delay. The car lanes are heavier than the truck lanes. Everyone is going for that option. The truck lanes arent as bad. On the northbound side, traffic is slow. Lets show you the situation earlier. Skyfox was over the scene. The humvee flipped over this afternoon. There was an investigation going on. Medivac was on scene. Approach interchange 9. Car and truck lanes were closed, trying to get serious injuries out of the way. Thats why theres a huge backup. The scene. They cleared the humvee. Only the left lane opened there on the new jersey turnpike. 9. All
Only one of three National Political parties, blunt an instrument causing too much First Amendment harm to be sustained under the current decisions of the u. S. Supreme court so we look we are very encouraged by the arguments today. The decision by the court to restore balance in the political system. We are limited in what they can accept, donors are forced to give money in super pacs and notforprofits and 527s that are much less accountable, much less transparent than candidates and Political Parties, preventing, forcing money to go in that direction we have a less Healthy System. With these aggregate limits we will see more candidates raise money, National Party and state parties raise more money, that is a more Healthy System than the Current System of restriction and forcing money into independent spenders rather than by candidates and Political Parties themselves. Thank you. I am fred wardtimer from democracy 21. One of the attorneys supporting the aggregate limits. There are cou
We are ready to take on an important part in all these institutions. On the other hand there are the second kind of International Mechanisms back to the g20. Both china and the u. S. Are important members to the g20 and the g20 is addressing international and Economic Issues at the top level. Progress that china has made is very important in many aspects but the fact that the developed economies and the socalled emerging markets are sticking together around the same table on equal footing to discuss global issues is progress. We certainly support that. So both institutions, so both parts of the institutions could play an effective role and contribute to the global cause of peace and stability and prosperity and china is certainly ready to take part in all these efforts. Thank you. Thank you. If i take the liberty of asking the second question, the audience [inaudible] the world, particularly u. S. And china face many potential crises and things that could escalate and get out of contro