Price, it appears he flew too close to the sun. It was two days ago the fate of hhs secretary tom price seemed to hang in the balance. By the time President Trump left the white house bounds for bedminster, the writing was on the wall. Hes a fine man. But well make a decision sometime tonight. Reporter reports say price spent more than a Million Dollars in taxpayer money and it was out of step from the practice of the trump white house. We save hundreds of millions in negotiations. Thats why i dont like to see anybody have a question about flying. Reporter price announced he would reimburse the treasury 50,000 for his seat on the flight. That did not city well with the president. That would be unacceptable. Reporter the decision over prices future came on the day the president was contemplating putting more money in the hands of taxpayers and corporations through his tax plan. Jobs will start pouring continue to our country. When companies leave our shores, its American Workers who get
Latest jane reporter guys, were starting to learn more about the Gunman Police believe he was a lone wolf who had no connection to any terror groups, but nbc news is reporting that stephen paddocks father was once on the fbis most wanted list in the late 60s. A serial bank robber once diagnosed as a psychopath and while paddock was born in l. A. , his father was first arrested here in las vegas. He had nicknames like big daddy and chrome dome. Does that have anything to do with what happened with his son here last night as paddock opened fire from a 32rd Floor Hotel Room onto a concert across the street mowing down dozens of people as you said, more than 500 people ended up needing medical care heres audio of what it sounded like on the First Responder alert system [ gunfire what is it . I dont know. Reporter hear the Police Radio Audio later. The First Responder system telling everyone that there was a mass shooting going on hours later this part of las vegas boulevard is still not op
Coming the new bellwethers it could be argued that ge has not been a bellwether for a very long time. Meantime tesla shares also under pressure today over under certainty around whether the electric vehicle maker will be opening a new factory in china were going to separate fact from fiction on this one. And after the bell, soon youll be able to order takeout directly from the amazon app the head of amazon payments will be joining us exculusively to talk about the ecommerce giants latest announcement. Everybodys getting into the Payment System business right now apple pay, amazon pay. International, too. Alibaba pay, ali pay. Absolutely. Lets get to the top story out of washington. That would be tax reform and a major change being floated by republican lawmakers that could have a huge impact on your Retirement Savings cnbcs ylan mui is in washington with that story. Ylan reporter bill, a capitol hill source told me they were looking at lowering the limit on how much you can contribute
A warm welcome to you. This is Worldwide Exchange on cnbc im wilfred frost. Sa sara is off today. Lets get to the Global Market picture. Losses yesterday the dow was down 0. 2 . The s p down 0. 4 the nasdaq the laggard down about 0. 6 it was a broad selloff 10 out of 11 sectors were down te telecos were the worst sector. But we had had six straight gains for the dow and s p, and decent gains last week for all three indices. This morning were pointing higher just under a tenth of a percent for the nasdaq and s p the dow up 0. 2 this morning we saw yields get close to 2. 4 the back end of last week, but we slipped back a bit. Rising a fraction. Still not above 2. 4, but 2. 39 you can see that pick up in yields weve seen over the course of october. Lets look at asian equities japan was the stand out performer yesterday after shinzo abes resounding election victory. Today up about a half percent. Hong kong down 0. 5 . Shanghai slightly higher an update from china on the latest out of the c
U. S. Equity futures have been indicated higher after the markets were down yesterday. The first time in seven sessions that the dow and nasdaq were down this morning a rebound from that these were modest declines yesterday and this morning s p futures indicated up by three. The nasdaq indicated up by 2. 5 overnight in asia, we have seen some gains in some asian markets. The nikkei up by a half percent. How many winning streaks is that 16 in a row that weve seen for the nikkei now trading at 21,805. Hang seng closed down bay half p percentage point in europe, as you look at some of the early trading, you will see green arrows across the board. Modest advances. Ftse up by 0. 4 . The cac is up by a quarter percentage point the dax up by 0. 2 look at crude oil prices looks like crude this morning is up wti up by 444 ce cents, brent u 57 cents. News out of Chinas Communist Party congress, members confirm president xi jinpings status as the most powerful leader since mao by writing his name