world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances.

banks. why the group representing the world's central banks say risky behavior again poses a hazard to the global economy. first, though, this morning's sports buzz. the yankees beating the mets 6-5 last night in the final game of the subway series. the bronx bombers taking two out of the three games this weekend. ♪ ♪ ♪ [ male announcer ] not everything powerful has to guzzle fuel. the 2012 e-class bluetec from mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. for exceptional offers this is new york state. we built the first railway, the first trade route to the west, the greatest empires. then, some said, we lost our edge. well today, there's a new new york state. one that's working to attract businesses and create jobs. a place where innovation meets determination... and businesses lead the world. the new new york works for business. find out how it can work for yours at thenewny.com. >>> welcome back. u.s. he can with wit >>> welcome back. u.s. he can with wit futures are pointing to a negleative open. dow lower by 87 point

the group backed world bank efforts to rebuild ukraine and will help to secure ukraine now and in theeffort, the u.s. will be buying and sending to ukraine new longer range missiles that will shoot surface-to-air missiles, it will be sending that weaponry to ukraine and a course confirms it is same system used in washington to protect the white house and the capitol. but the alliance unity is being tested four countries have signed on to squeeze russia by banning gold exports but that is not all of them and while there is an agreement to pursue price caps that would reap russian oil on the market, there is no agreement on what that would look like they did agree to export on russia once a member of the group, it is a dramatic shift from one year ago when the leaders gathers in and recognized the threat from china. but a massive public private infrastructure meant to counter the belt and road program. the u.s. is expected to contribute $200 billion to that effort and despite china not appearing in the joint statement that came out this morning, of course the g-7 leaders say they are tr

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costscan manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> welcome back to "squawk box. more problems for facebook they're integrating what's app and instagram. they may seek a preliminary injunction against facebook as soon as next month at issue, the integration with the messaging services could violate antitrust laws and perhaps even more, make it very difficult or even more difficult to try to break up later for more on this developing story, want to bring in one of the street's top tech voices, mark maheney what do you make of this report? >> this regulatory heat has been building for a while on facebook the company and zuckerberg announced he wanted to make his services intraoperable, instagram, what's app, facebook, facebook messenger the real loss for facebook is monetizing what's app. that's the potential loss for facebook it's a negative development. >> the larger issue is is this going to

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsso they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. show of hands. let's get started. who wants customizable options chains? ones that make it fast and easy to analyze and take action? how about some of the lowest options fees? are you raising your hand? good then it's time for power e*trade the platform, price and service that gives you the edge you need. alright one quick game of rock, paper, scissors. 1, 2, 3, go. e*trade. the original place to invest online. starts with a december to remember at the lexus december to remember sales event. lease the 2019 nx 300 for $329 a month for 36 months. experience amazing at your lexus dealer. ♪ >>> welcome back you're watching "squawk box" live from the nasdaq market site in times square. ♪ >>> good morning among the stories we're watching today, german prosecutors raiding deutsche bank's headquarters in frankfurt today. the shares are moving low

world's biggest financial players. we'll hear from bank of america, city group, black rock before the opening bell. >> blackrock is out. these numbers right now blackrock once again beating expectations expectations. looks like an adjusted number of 482. looking for 467 but the revenue number is relatively in line with what was expecting. i'm going to get a few other numbers in here as well adjusted 482. both numbers beating the expectations. they talk about assets under management which are a huge number there. up another 8% in the 4th quarter. >> i'm not even sure what the number is because it's changing rapidly. long-term net in flows for 2014. $87.8 billion in the fourth quarter alone. >> here's a couple of things we're watching. the day packed with economic data. we're dealing and at 8:30 eastern we'll get the producer price index and new info on the health of the housing market. the number of properties that are in foreclosure the process dropped last year to the lowest several since 2006 so we'll put that in the good category this morning. >> take another look at the markets this morning. as we showed you futur

vice chairman roger ferguson and a c cnbc contributor roger, when is last time the world bank and other groupsz l groups advocated to stop raisin interest rates. >> i don't recall that time. i certainly don't. it tells you we are in a difficult situation and particularly with those two situations worried about the rising rates on the emerging markets and economies. >> how much insurfluence does te world bank have on the federal reserve or jay powell? i don't know i think the view has shifted and so much fear in the economy and maybe the view is he will let up a little bit. >> i don't know it will have that much influence. at the end of the day, jay powell said what he thinks is the right thing to do which is to raise rates maybe higher than markets expected and keep them there higher to drive inflation down none has spoken to that being achieved jay powell spoke about pain. he moved away from the discussion of the narrow path to a softish landing. this is all part of what is to be expected when rates are starting to tighten. >> roger, when you look at the quote fear with credit suisse and in the uk. eve

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsheir risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> a new report is raising questions over the safety and legitimacy of apps in the apple store. digital group's new tech site input says there are fake apps that lure children into games that contain offensive material. joining us is josh tapolski. he is the editor and chief in input. josh, this is pretty concerning for anybody with kids. >> yes. >> we assume you see safe signs like disney characters and it's all good to go. >> it's actually pretty crazy. we did -- the same writer, my wife, did a story a couple of years ago about youtube videos, fake pepa pig videos now the app store and apple are having the same issue. there are apps there that are literally labeled -- >> are they stealing the disney characters it's not only offensive material but they're stealing the copyright. >> it's the i.p. of disney vamparina and it has nickell loadian and paw patrol

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsl so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. ♪ ♪ let's go from plans... to full-blown production. ♪ ♪ let's go from being on-call... ♪ ♪ to being on-line. american express can help move your business forward with loans, vendor payments and buying power. chat with one of our 4000 specialists and let's make it happen. the powerful backing of american express. don't do business without it. >>> big pharmaceutical ceos on the hill this morning testifying on drug pricing. joining us ahead of all that is dr. scott gottlieb of the food and drug administration. thank you for being with us this morning. what do you think we should expect to hear from the senate this morning in terms of what their questions are? >> well, look. i think that there is still places in this market that don't have the competition that we expect to see for consumers. and i think a lot of the competition we do have

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs matter of following the signs. they all lead here. cme group - how the world advances. i thyou never got the brakes looked at?l... oh yeah. no. at cognizant, we're helping today's leading manufacturers make things that think and do automatically. imagine that, a world of new digital products and services all working together for you. can i borrow the car when it's back? get ready, because we're helping leading companies see it- and see it through-with digital. most people come to la we came with big appetites. with expedia one click gives you access to discounts on thousands of hotels, cars and things to do. like the garland hotel for 40% off. everything you need to go. expedia . >>> the federal reserve in january across the board talked about stronger growth than it's previous forecast. >> these minutes were relative to where the world was in january. >> we are down 160 points. we have been of the belief we need to test the old lows. he gave all of that back they went out at the drop

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costse their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. yes or no?gin. do you want the same tools and seamless experience across web and tablet? do you want $4.95 commissions for stocks, $0.50 options contracts? $1.50 futures contracts? what about a dedicated service team of trading specialists? did you say yes? good, then it's time for power e*trade. the platform, price and service that gives you the edge you need. looks like we have a couple seconds left. let's do some card twirling twirling cards e*trade. the original place to invest online. >>> it is the latest sign of stress in luxury real estate a growing number of hyperpriced mansions and estates are being sold off at auction. robert frank is standing in front of one of the most expensive in the country in hillsboro beach. >> hello this will be the most expensive home put up at auction four years ago, this was listed at the most expensive put up for sal

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsl so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. 7pgÑóo [ready forngs ] christmas? no, it's way too early to be annoyed by christmas. you just need some holiday spirit! that's it! this feud just went mobile. with xfinity xfi you get the best wifi experience at home. and with xfinity mobile, you get the best wireless coverage for your phone. ...you're about to find out! you don't even know where i live... hello! see the grinch in theaters by saying "get grinch tickets" into your xfinity x1 voice remote. a guy just dropped this off. he-he-he-he. ♪ ♪ >>> welcome back to "squawk box. infrastructure back in play after democrats took back control of the house president trump and a key democratic leaders, i should say, expressed interest in working together to invest in the country's crumbling roads, bridges and we have cgla president and ceo. we've talked a lot about the potential for some kind of bipartisan something do yo

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world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costslowing the signs. they all lead here. cme group - how the world advances. >>> our guest host this morning, glenn hutchens you got the casting motion down. >> that's not a joke >> i know. it does not work with golf so you just heard buy the fang stocks in your past, you bought tech companies when they were cheap you can tell whether the value is there is there values to the nasdaq yet? >> i would say two things, getting down to the sustainable growth and secondly if you had bought at their peaked price before the internet bubble and the 2000s crisis, you would mak a lot of money >> if they survive >> the fang stocks, the ones that turn out to be a big winner, you are right. the a world leading platform that you can do a bunch of stuff. >> you are still buying stuff right now and seeing stuff that looked reasonable under that scenario >> i recently bought a bunch of at&t stock the primary place where i focus on my investment, i have looked to go long on at&t volatility because i think it

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsmply a matter of following the signs. they all lead here. cme group - how the world advances. that's what happens in golf nothiand in life.ily. i'm very fortunate i can lean on people, and that for me is what teamwork is all about. you can't do everything yourself. you need someone to guide you and help you make those tough decisions, that's morgan stanley. they're industry leaders, but the most important thing is they want to do it the right way. i'm really excited to be part of the morgan stanley team. i'm justin rose. we are morgan stanley. >>> apple ceo tim cook is in china meeting with the country's market regulator eunice yoon joins us live with the headlines. hello again, only yoon tv. >> reporter: thank you very much, joe. actually, are you joe squawk on twitter? >> i'm either joe squawk or squawk joe a lot of people i don't want -- what i'm seeing today. >> reporter: sorry outed you. anyway, moving on to tim cook. so tim cook showed up in beijing and in fact he was featured on

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsnage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. aflac trivia question. what shoe brand celebrated their 25th anniversary last year the answer skechers. >>> welcome back to "squawk box. president trump will chair a u.n. security council meeting today. eamon javers is back with us at the desk without a blazer on >> that's right. this is the "squawk box" uniform. i figure i got to fit in with the locals here. look, the president's back at the u.n. today president's got meetings he's going to talk to a number of world leaders today one-on-one he's also going to chair the general assembly today, security council. this is a big set piece for the president. yesterday he delivered a full throated denunciation of globalism standing in one of the most global settings you can imagine, the united nations general assembly he said the united states is going to stick up for itself here's what he said. >> america w

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsly a matter of following the signs. they all lead here. cme group - how the world advances. i cowe can do theyour screening at her house. hi. this is the man that's going to check your eyes grandma. cognizant ai solutions are helping healthcare companies advance diagnostics and prevent blindness in patients with diabetes. everything looks good. you have beautiful eyes. ♪ >>> the final countdown on trade. one week until tariffs on billions in chinese goods are set to spike china's vice premier will meet with president trump in washington >>> kraft heinz squeezed the company slashing its dividend revealing an s.e.c. investigation and writing down the value of some of its most iconic brands. >>> and is new york at war with big tech how do other tech disrupters feel about doing business in america's biggest city the final hour of "squawk box" begins right now ♪ >>> live from the most powerful city in the world, new york, this is "squawk box. >>> good morning and welcome back to "squawk box

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> closing the book on october. >>> wild ride, nyse president stacy cunningham on market volatility and the impact on trading behavior >>> plus, breaking economic news key reads on the nation's job force, productivity and labor costs. the final hour of "squawk box" begins now ♪ >> announcer: live from the most powerful city in the world, new york this is "squawk box. >>> good morning, welcome back to "squawk box" here on cnbc, live from the nasdaq market site in times square. i'm joe kernin along with becky quick. andrew is at the deal conference we're actually going to check with him later this hour tom lee, from fund strat, he did very well in the first hour. he's moved closer to the center. it was an audition fine colors, fine colors >>> futures right now responding, maybe, to tom's big call really bullish you've been -- and you got a little less bullish, i've g

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsove forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> let's show you what's going on with the market dow jones is up higher and nasdaq is up 51 points and the s&p 500 is up about 18 points. make sure you join us tomorrow now go hang with the gang on "squawk on the street. begins now ♪ >>> good wednesday morning, welcome to "squawk on the street," i am carl quintanilla with jim cramer. and david faber in new york city we'll talk to john malone and gregg maffei oil is red for the year trying to catch a bit

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsn manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. does your wealth manager a cfa charterholder does. you've worked hard to grow your wealth. make sure you're working with a wealth manager who can grow with you. cfa charterholders have the investment expertise to unlock opportunities other advisors might not see. learn what a cfa charterholdr can do for you at therightquestion.org >>> our next guest has surprising new data on the stat of the chinese economy let's welcome leland miller. thanks for being here. you've got some surprising information this time around that maybe the chinese economy is staging a bit of a turnaround did you find >> so a lot of people including us made parallels to what happened in 2015 and 2016. there's a lot of nervousness what would happen the first quarter of 2019. we saw the opposite. i think the chinese have learned some of their lessons. some good, some bad. but the

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costse forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. what's critical thinking like? a basketball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley ...you never got the brakes looked at? oh yeah. no. at cognizant, we're helping today's leading manufacturers make things that think and do automatically. imagine that, a world of new digital products and services all working together for you. can i borrow the car when it's back? get ready, because we're helping leading companies lead with digital. >>> ten years ago the world financial system nearly came to a devastating halt in a new cnbc documentary, andrew ross sorkin speaks to the ceos and washington leaders about their efforts to pull the economy back from the brink and what they saw on the other side of that abyss.

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsly a matter of following the signs. they all lead here. cme group - how the world advances. has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today. this is decision tech. it's screening technology that helps you find a stock based on what's trending or an investing goal. it's real-time insights and information, in your own customized view of the market. it's smarter trading technology, for smarter trading decisions. and it's only from fidelity. open an account with no minimums today. >>> a new report from british lawm

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. what do advisors look for don't just track an index, help me meet a client's need. is the fund built to sell or built to last? etfs are only part of a portfolio. so make it easy to explain. give me a quality fund that helps me get clients closer to their goals. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. >>>welcome back. you're watching squk sq"squawk " live from the nasdaq market site in times square. >>> good morning marriott has revealed a data breach involving the guest reservation database at its starwood brand marriott says there was unauthorized access since 2014 with hackers getting access to personal

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsall so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> i'm a free trader. totally. i'm a fair trader. i'm all kinds of trader. but i want reciprocal. when china is charging us a fortune to send products in, and making it impossible for the product to get there -- many other countries, also, not just china. china is the biggest we charge them nothing to sell their stuff here it's not fair. >> all right let's take a deeper look at some of president trump's comments to joe about taxes, trade and the economy. these are all comments the president made last night. he will address the world economic forum in about an hour and 15 minutes this gives us insight into what he will say. here to join us is ken rogoff, also our guest host this morning, axios' executive editor mike allen thanks for joining us. >> thank you >> everyone wants to know if president trump was coming here with an america f

head of the world's largest asset management group says the central bank's actions are, quote, severelye world's savers with potentially dangerous financial and economic consequences. not new consequences but always a closely watched all right from larry fink warning, again, of what negative interest rates could do to the global economy. >>> meanwhile silicon valley has been abuzz with talk of a potential takeover of yahoo! with the latus suitor the u.k.'s daily mail. brian wesser joins us with his thoughts. senior research analyst at pivotal research group. we have been debating this morning whether any of the companies actually come forward with a bid in the next week. wou would it ultimately value the core business? has your thesis changed? >> i think there was always the case that there could be dozens of companies who could plausibly claim to be able to run the core business better and either have the capital on hand or have access to raising the capital through other means. this is not surprising. there is no reason to react to this specifically. the primary reason is because it's

bank of england. >> maybe. >> when squawk box comes right back from the world economic forum in davos. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. you just got a big bump in miles. so this is a great opportunity for an upgrade. sound good? great. because you're not you you're a whole airline... and it's not a ticket you're upgrading it's your entire operations, from domestic to international... which means you need help from a whole team of advisors. from workforce strategies to tech solutions and a thousand other things. so you call pwc. the right people to get the extraordinary done. ♪ ♪ >>> earnings coming out now from general electric. if it's friday it must be ge. 50 cents a share. one penny above estimates. revenue at 42.0. 42.2 was apparently if first call estimate of all the different analysts. ge's results were pressured by a drop in orders in the oil and gas segment but there were some highlights like industrial up 23%. is that t yeah the profit in

the world bank says that the global economy is at a turning point. joining us now is andrew burns, he's the global process grouper at the world bank. good morning, andrew. >> good morning. how are you? >> i'm good, thank you. i heard we had some hookup problems, but we're glad to have you. let's go through the numbers. global gdp over the next three years, what are the numbers? >> well, we're looking at an acceleration in growth in the global economy, up from about 2.2% going up to 3.2%, 3.4% over the next couple of years. that's being led by an acceleration of growth in the high-income countries. we're seeing u.s. going from 1.8% to 2.8% this year. euro area going from minus 0.4% last year to 1.1%. developing countries also accelerating, going from 4.8% to 5.3%. so generally a positive story for the global economy. good news, after five years of really weak growth in the high-income world. >> how much are you worried about the emerging markets as the taper begins in earnest? you know, if you remember last summer when there was talk of the taper, the emerging markets took the dive first. >> well, that's exactly

world banking. she sits on the business and sustainable development commission along with jack mah and ken frazier. that groupic development. thanks for being here today. >> thanks for having me. >> let's talk first about what's happening at google. you've worked in a lot of different places >> these women were all making the case that men who had less or certainly equal qualifications passed them by in terms of promotions and pay. we're all going to be watching it very carefully. i particularly find it really ironic, though, because, you know, over the years there's been a lot of research really good research showing that gender diversity and particularly women in leadership positions, women on boards, can have a dramatic impact on corporate performance. where you've seen the most impact is particularly on companies where innovation is at the core of their strategy that always seems really ironic to me that the tech sector where women are so underrepresented haven't taken advantage of that boost that gender diversity can bring. >> you know, we've seen the studies. we've heard that froror a long time, and yet

world, what's that going to do for banks? or no do the for banks. so it's going to come around again absolutely. that doesn't mean, though that, we've got a crappy banking groupat at all. and that's what i don't get is why the world believes that just because you have a loss in your body portfolio that the wirld is going to come to an end. >> now more to come from our guest host mike mayo. >> when we come back, wall street's takes on ceo jamie dimon's testimony mod. [ creaking ] [ male announcer ] trophies and awards lift you up. but they can also hold you back. unless you ask, what's next? [ zapping ] [ clang ] this is the next level of performance. the next level of innovation. the next rx. the all-new f sport. this is the pursuit of perfection. >>> checking the futures right now, let's take another look. because we've got to factor in those numbers that came out at 8:30 have affected the futures a little bit now. as you can see, down about 30 points for an implied open in the dow. we were upmost of the earlier session, premarket session, adding to yesterday's gains. but now we have turned and are headed a little bit lower. >>> the world leader in business

cme group: how the world advances. at ally bank no branches equals great rates. it's a fact.shopping. >>> the moment you've been waiting for is almost here. we have half an hour away from the jobs report. and a special guest is here. >> philadelphia fed president charles plosser joins us in an interview. >> plus a media power player on set. cbs ceo les moonves is here to talk new internet rules and why content is still king. the third hour of "squawk box" begins right now. >>> live from the most powerful city in the world, new york, this is "squawk box." >> welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick. andrew is on assignment today. it is jobs friday. the report is less than 30 minutes a i way with forecasters looking for 237,000 jobs. that's the number that will be above or below that when it comes out. this could be the 12th straight month of job gains above 200,000. which would be the longest such streak since 1994. we should go back what was the -- what won best picture in 1994? i can tell you who won best actor. no, that was 1984. u.s.

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costshey can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >> welcome back to "squawk box." big tech on most valuable brands some at the top there have fallen behind. we are talking about facebook. joining us, the ceo of the new york office of interbrand which puts this list together every year should we talk first about facebook falling out or do you want to talk about who is at the top? >> let's talk about who is at the top. apple again with the valuation of billions of dollars >> the methodology here. >> we look at three things financial, the roller brand. the amount of customer decision making built by the brand and what we define as the strength of the brand the top four are all effectively tech companies >> correct >> with the exception of facebook, it is all big tech companies which we are hammering about how much you trust them or don't trust them you are saying these are the most beloved, tr

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsmanage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. cme group - servicenow put our this changes everything. you're right sir... everything. no not everything, i mean you're still blatantly sucking up to me gary. brilliantly observed, sir. always three steps ahead. six steps ahead. sixteen. so many steps. you done? a million steps ahead. servicenow. works for you. >>> welcome back to "squawk box. live at the nasdaq market site the fed kicking off a two-day meeting. steve liesman joins us at the table with the cnbc fed survey results. >> exclusive results >> exclusive fed survey. >> thank you, andrew bears and policy makers hibernate. that's the expectation is a long period of -- if you did this survey for ten years you would come up with weird stuff to continue to make it entertaining here's the outlook for fed-sp fed-spectations. only 48% think there will be a rate cut next year the average time for t

the head of the umbrella group for the world's central bank says the process of unwinding loose monetary conditions may not be smooth. the bank for international settlement warns this bis chief should be prepared. >>> federal regulators have proposed a set of systemically important nonbanks. the officials want to designate, aig, prudent yanl financial and ge. firms have 30 days to notify a government council that they're contesting the proposed designation. a financial would -- >> in other washington news, the treachery inspector general's report on the irs is going to be released today. we'll outline ow they squandered $49 million on travel and training. and for one conference alone, it spend $135,000 for speakers, including $11,000 for a happiness expert. some of the conservative groups targeted by the irs are going to testify in another series of hearings on capitol hill. you were never audited, were you? >> i was audited. >> i was going to say, if you have not been audited, they have not audited right wingers. >> no. when i was writing my book my dad was like, are you crazy snm don't

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world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsnage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> good morning welcome back to "squawk box" right here on cnbc i'm dominic chu. among the stories front and center today, t-moblie says it could close its acquisition of sprint as early as the first quarter. the company's cfo made the comments based on indications t-moblie is getting from regulators >>> european central bank president mario draghi says they plan to pull back at the end of the year he suggested inflation may rise more slowly than earlier expected >>> astrazeneca says the drug did not improve the most advanced version of lung cancer. the shares fell on that news back over to you >> thank you very much >>> let's look at the futures thorngs. now at their lows of the session. joining us to talk about this is jim iuorio of tjm institutional services he's also a cnbc contributor here you go. it's a friday. got a lot of people wondering what

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsisks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> under an hour till the opening bell at wall street. dominic chu joins us with a look at some of the morning's biggest stock movers good morning, dom. >> good morning, mike. let's look at analog share devices. they're up roughly 2.5%. analog gets up to an over weight rating from a prior sector weight now they've just returned from a trip to asia they did all their channel checks and what they showed was that overall demand there still remains weak but things are not getting worse. they think this is a true bottoming out process that's taking place microchip technology and semiconductor mentioned as up. next up are shares of mcdonald's if you take a look at those, golden arches are seeing 30,000 shares of premarket volume down 1.5% jpmorgan reiterating their overweight rating. they are reducing third quarter sales growth at established restaurant locations due t

he made the comments to the so-called group of 30 during the annual imf and world bank meetings that took place over the weekend. fischer says the decision not to raise rates last month was in his words a close call and done mostly to allow further progress on jobs. we do have a busy economic calendar. the bond market closed for columbus day. on wednesday we get the meetings from last month's fed meeting. september look for jobless claims. friday, september sales, ppi and consumer sentiment. earnings season is just about to get underway as well. several big names reporting this week. alcoa starts us off tomorrow. csx posts numbers on wednesday. and then the three big banks will hit on friday. citigroup, jpmorgan and wells fargo. joe? >>> it was close. we may do it next time. i just want to let you know that. it was very close last time. we're going to do it. we are. we're going to do it. it wasn't close at all last time. >> call me in december. >> are you at 55%? >> we'll see what the minutes look like. >> see, i think it's going to be a good jobs number, as i've said. oh, you weren'

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. cme group - dana-farber cancer institute discovered the pd-l1 pathway. pd-l1. they changed how the world fights cancer. blocking the pd-l1 protein, lets the immune system attack, attack, attack cancer. pd-l1 transformed, revolutionized, immunotherapy. pd-l1 saved my life. saved my life. saved my life. what we do here at dana-faber, changes lives everywhere. everywhere. everywhere. everywhere. everywhere. >>> markets have taken off on that stronger than anticipated jobs report. you see now, dow futures up 178 points the nasdaq up by 64. jason, great having you here, thank you for joining us today. >> great day to be here. >> it is much more coming on "squawk on the street." make sure you join us next week. right now we'll turn it over to those guys bye! ♪ >>> good friday morning. welcome to "squawk on the street." i'm carl quintanilla with jim cramer, david faber at the ne

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> it is time for the "your business" of the week. ensure your pet gets walked and watched. and now with the acquisition of the biggest competitor, it has the largest network of dog sitters in the country watch "your business" weekend mornings at 7:30 on msnbc to find out how they are growing the puppy love and their business >>> a 1% gain in the dollar during february tends to be bullish for oil with the commodity gaining over 5% in march. >>> all right. welcome back to "squawk box. we'll take a final check on the markets we have been watching throughout the morning for most of the morning, we have been in positive territory a couple brief tip-downs when we heard j. powell's testimony. the s&p futures are up by 1. and the nasdaq is up 2 1/2 points this comes after the 400-point gain for the dow so building on the gains at this point. a lo

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world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsall so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >> welcome back to "squawk box", everybody. both p interests interest and uber will be listing their stocks on the new york stock exchange when they go public that's according to multiple reports quoting sources familiar with the situation, although neither of the companies, nor the exchange would comment separately, the "wall street journal" reports that pinterest is speeding up the timing of its initial public offering given what it sees as favorable market conditions that was essential the case for levi strauss as the jeans maker went public yesterday. levi strauss priced its ipo at $17 a share. that was above the expected range of $14 to $16. huge oversubscription there. it finished its first day of trading over 32% it's up 24 cents to 22.65. that is the third biggest ever first day jump for a non-technology public offering again,

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsove forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> let's check on the markets this morning the dow is now negative. it's been in a pretty tight range between down 30, up 30 it's now down 22 or so nasdaq indicated lower on a relative basis, down 30 points or 28.5 on the nasdaq. and the s&p indicated down three. take a quick check of europe which is in the red except for italy. oil, we haven't talked about nearly as much for awhile, the market seemed to be held hostage by oil it would go up when oil was up and down when oil was down but we've been in a comfortable range somewhere right around $60. $58.83 today on wti. the 10-year, 2.46% is where it is now the dollar as you might imagine with rates headed down, haven't been as strong as for gold which is, you know, i guess it's been in a bit of an up trend i don't know what you would attribute it to. maybe the fed. >> when the markets went down in september and october --

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world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsove forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. the latest inisn't just a store.ty it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. >>> it is turning into a busy morning. we have breaking news on china trade. want to get to kayla tausche immediately. >> we're getting a statement from the white house summarizing the talks in china the statement from the press secretary says the discussions this week were detailed and intensive and it led to progress between the two parties. the statement says that the u.s. side focused on structural or long-term issues like the forced technology transfer and like some of the other issues that the u.s. side has been hammering on throughout this

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsheir risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> a flood of breaking deal news comcast winning a weekend auction for european paid tv giant sky. two gold companies joining forces in a $17 billion tieup. and sirius xm buying pandora >>> u.s./china trade turmoil the latest round of tariffs taking effect today. >>> plus weight watchers is changing its name to move beyond the number on a scale. the company's ceo will join us live as the final hour of "squawk box" begins right now. ♪ >>> live from the most powerful city in the world, new york, this is "squawk box. >> good morning and welcome back to "squawk box" here on cnbc live from the nasdaq market site in times square. i'm joe kernen along with becky quick and andrew ross sorkin futures have been down a little bit from all-time highs. down 51 on the dow nasdaq down 44 and the s&p down 6.5. the tariffs supposed to go into effect today could eventually b

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsmanage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. today, innovation in the finger lakes is helping build the new new york. once home to the world's image center, new york state is now a leader in optics, photonics and imaging. fueled by strong university partnerships, providing the world's best talent. and supported with workforce development to create even more opportunities. all across new york state, we're building the new new york. to grow your business with us in new york state, visit esd.ny.gov. >>> welcome back, everybody. weakness in china and russia that was offset by growth in the united states and europe robert frank breaks it down. >> real estate giants douglas and knight frank release their global report. howard lor ber is chairman and andrew hey thanks so much for joining us. andy, one of the great things about this report is what were the best performing markets last year, cape town i

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> good morning welcome back to "squawk box. here's a check on u.s. equities futures him remember we had a close yesterday despite a big gain today the selling pressure continues. the dow looking to open lower. we were down 180 a short while ago. the s&p open down at 12 at the open, the nasdaq down 14 earnings are front and center this morning here's some of the company's supporting so far. separately cvs announced pay raises for workers its shares down half a percent this morning young brands has a new partnership with grubhundred >> okay. you got to check this out. erin hamlin has been named the flag bearer for the team usa in tomorrow's opening ceremony of the 2018 winter olympics the first to win an olympics luge medal she was chosen as the flag bearer by a vote of her fellow members at team usa. the opening ceremonies air tomo

world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costsnage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. >>> we have stocks to watch ahead of the opening bell. and treasury secretary stephen mnuchin is joining ut group at 1:00 p.m. eechm he'll be talkint the jobs number. he'll talks tariffs, trade, and the economy. stay tuned for that. it's an exclusive interview. take a look at futures right now. we are in the red. dow off about 267 points over concerns about what president's tariff plan may mean or not. we'll get those jobs numbers which may change theynic o damf the markets in just a little bit. back in a moment or is it? this farmer's morning starts in outer space. where satellites feed infrared images of his land into a system built with ai. he uses watson to analyze his data with millions of weather forecasts from the cloud, and iot sensors down here, for precise monitoring of irrigation. it's a smart way to help increase yields, all before the rest