Cash is pouring into this country from all over the world. Its pouring into american treasuries, its pouring into our stock market, safety and growth, thats what we are offering, thats what you are getting. Look what its doing. Its pushing Interest Rates all the way down, 2. 03 on the tenyear treasury. By the way, its so bad in europe now that when you lend to the government there, you dont get it all back. You lend them a million, they will keep 3,000. No wonder its coming over here. Then we have facebook. Looks like the stock of the day. Today they introduce libra, a new Digital Currency. They claim it makes sending money around the world as easy as sending a photo. Its a Payment System with a potential base of 2. 5 billion people buying from 90 million businesses. Investors love it. The stock is up four bucks premarket. This is going to be a very big day in politics and money. Stocks are going straight up and moments from now, a visit from Gary Woodland, the brand new u. S. Open cha
John ford has the morning off. We start with this big story about big business and the white house. Two of the president s Advisory Councils disbanding after multiple ceos dropping out citing the president s response to the violence in charlottesville. Among the ceos speaking out, jamie dimon, jeffrey immelt, mary barra, etna ceo mark bertoli bertolini. I think well talk to bob crandall in just a moment, guys, but were all trying to process the dramatic decision, how it went down, a lot of good cnbc reporting on that and what the significance of this move is going to be. In practice and also symbolically in the statement that it sends to the president and the white house. We clearly havent seen anything extend into the administration and markets are down half a percent or so but over the course of the last week as a whole, were up about three quarters of 1 for u. S. Indices. Reuters now has the headline quoting a white house official that gary cohn intends to remain in his position as
Gunmen stormed a university in northwest pakistan, about 21 miles outside of the city of peshawar. The Associated Press is reporting at least 19 people killed. Lets go straight to nbcs Kelly Cobiella who is live in london. Good morning, kelly. What can you tell us . Good morning, shannon. Well, as you can see from those pictures, quite a battle playing out on the campus of this university in northwestern pakistan today. Militants used the cover of fog to scale a wall at the university. This university about 21 miles from peshawar. They went in to classrooms and dorms, and started shooting. The Associated Press saying at least 19 are dead, with at least as many injured, as well, nearby hospitals overwhelmed with the wounded. And the casualty numbers continue to change. The Pakistani Army is now moving room by room looking for militants. Its not clear how many are on campus. But Officials Say theyve killed four so far. The Pakistan Taliban is claiming responsibility this morning, telling