over to rahel solomon for a news up today >>> hi, kelly. here is what is happening.c senator joe manchin says a deal is possible this week on president biden's big spending plan. he said he is open to any tax that would ensure people pay their fair share towards infrastructure improvements. >> all of the -- everything in it, crossed and dotted, it has been to be difficult on the senate side. but as far as conceptually it should i really believe, you know, just have a lot of good faith in it >> do you think there will be a framework agreement? >> i think the framework there should be, there really should be >>> in krarks krarks, 100,000 customers still without customers many around san francisco bay. severe storms dumped record rainfall >>> on the news, what is still ahead for southern california as wildfire concerns are replaced by flash flood alerts? that's tonight at 7:00 eastern >>> and in spain's canary islands the volcanic eruptions going five weeks are stronger than ever. officials are watching to see what direction a new river of lava will take as our people w

>>> welcome back i'm rahel solomon.ere is our cnbc news at this hour a prominent south carolina lawyer has been charged with stealing insurance money meant for his late housekeeper who died at his home alex murdoch was arrested at a drug rehab facility. he received half a million dollars of insurers and only told the housekeeper's sons about an eighth of that sum and never gave them any of it. new comments from the man murdoch allegedly asked to kill him and that's tonight at 7:00 eastern. the death toll from a massive building fire has risen. 46 people have died and another 41 have been injured som someone says they heard an explosion and no official cause. the american bumble bee has disappeared from eight states and is in danger of extinction reports say that the bumble bee populations have dropped 89% over last two decades. you are now up-to-date scott? >> appreciate it very much rahel solomon. the investment committee making big moves. it is coin base, why did you add that >> yeah. i bought some coin base. it's a t

. >>> welcome back i'm rahel solomon. here's your cnbc news update at this hour.t rally in charlottesville, virginia, turned violent jury selection is under way in a civil trial. nine plaintiffs argument the vie lesbians was premeditated. they want compensation the ralliers say they are exercising their right to free speech. >>> in new york, thousands marched to protest a covid maxine requirement by city makers who are supposed to have their first dose by monday to avoid being put on unpaid lead. >>> joe biden is in new jersey today promoting his build back better agenda and supporting the governor as he seeks re-election. >>> fans of afghanistan's cricket team displayed the country's pretaliban flag ahead of a match against scotland. even though visa issues delayed the team's arrival, the game went ahead. >>> markets are in the green again this monday afternoon. the dow up about a quarter of a percent. the s&p 500 up half a percent. and as we scale the mountain the nasdaq may be last on the list but first in terms of returns today. higher by more than 1% bond yie

rahel solomon, thank you >>> the energy sector leading the s&p again today.modity craze take a look at shares of liquified natural gas company new for tress energy, up 24% since 2022 earnings goal, up another 8% this morning. jo joining us now the company's founder and ceo wes edens. >> let's talk about new fortress energy specifically. the shares were under pressure the company was short nat gas. you adjusted that from net short to net long and the stock surged how does it speak to what we're seeing in the market >> it's such a small shift we're largely balanced between what we buy and sell we were thought to be short from next year that moved from down four cargoses to plus eight and has a couple hundred million dollars in price swing because prices have moved so much in commodities generally, but specifically >> have you been surprised by the move in prices >> it started in the middle of august when things went off the hook i was in london about a month ago and met with a bunch of e and p producers and shippers and came back and told our folks in the monda

here is rahel solomon with more. >> reporter: this is one of the last images the world will ever see of halyna hutchins writing one of the perks is you get to ride horses on a day off. they were filming "rust,". the video posted engineer days before he tragic death hutchins, seen beside baldwin in this photo on set, posted to her instagram. originally from ukraine, she was considered a rising star in ci ci cinematography a rep for baldwin said it was an accident >> well, the question is, that i would always ask is, were the safety guidelines of our industry followed. blanks are not designed to do what the final outcome of this was. we need to investigate and find out what went wrong. >> reporter: her death drawing comparisons to others who died after being accidentally shot. most famously actor brandon lee in 1993 while filming "the crow." his sister tweeting today -- no one should ever be killed by a gun on a film set. period balance win tweeting -- my heart is broken. for her husband, their son, and all who knew and loved halyna. >>> there's new information about what happened on s

high and does have an analyst day tomorrow iaa up on pace to snap a five-day losing streak now to rahel solomonc update >> hi, kelly this is what's happening this hour secretary of state tony blinken said time is running short for iran to get in compliance with the nuclear deal >>> dylann roof, the first person sentenced to death for a federal hate crime losing another round in his effort to overturn his death sentence. circuit court appeal judges have refused to hear a new petition in the case. >>> more damage from severe storms and tornadoes ahead ripped through the central u.s at a small airport in oklahoma, the local fire chief says all but one hangar was destroyed and the roof of one hangar collapsed. >>> and the fda putting up new guidance to drastically cut the amount of salt used by restaurants and food companies the goal is to reduce americans' sodium intake for the next 2 1/2 years in an effort to fight heart disease, the number one killer >>> and on the news, making foods healthier and how the companies will respond to this new guidance that's at 7:00 eastern kelly, back to you >> ra

chair as "techcheck" mebacos ck >>> bottom of the hour let's get a reset with news update and rahel solomon >> good morning. here's what's happening at this hour rising food and energy prices driving consumer inflation back to a 13-year high. the cpi index is up 5.4% over the last year. in september, prices were up 0.4% but excluding food and energy, september inflation was just 2%. still consumer inflation has risen faster than average hourly pay since last september >>> stjpmorgan the first to rept quarterly results. profits were well ahead of forecast but that was largely due to a big reserve release >>> delta also falling despite a big earnings beat. the airline says rising fuel prices will join the company to a moderate loss in the fourth quarter. >>> the union representing film and tv crews says it will begin a nationwide strike on monday unless a new labor deal is reached. the union 60,000 members want better pay and safer working conditions >>> and in san francisco, walgreens says it's closing five more of its stores to rampant organized shoplifting. theft levels at those locations

visit indeed.com/hire >>> welcome back.t i'm rahel solomon.ight attendant in an attack the ceo titled vicious. >> we wille■ not tolerate violee of any time toward our crew members or team. this type of behavior has to ox■ stop. fighters and supporters gathered outside gracie mancz to protest mayorr mandate for first responders tony is the deadline to get at least one shot city reportedly making contingency plans fori] staffing shortages for staff perhaps not willing to get the shot. tha >>> morex■ó■■■news out of facebk which just announced its name change it will now on known as meta it will have a newç■■so■ ticker the vs, reflecting metaverse. >> iç■ like it because both you and i were talking about the fact that twitter's ceo jack dorsey tweeted out si■qáhing funny,r division, referring to its self self referentipñ >> it is fun watching them throw shade. >> facebook shares are at session highs this pretty much concludes their@■■ developer's conference a lot of newse1 to digest. >>> another bigñr■one coming up here shares of applm■1 rising ah

let's get to rahel solomon >> hi, carl. job openings fell more than 650,000 in august.pany is seeking to fill 10.4 million positions >>> and jumping as much as 8%. the stock soared after credit suisse credited to $68 a share fastenal up 4%, amid the highs of the day earnings well ahead of estimates driven by price increases as margins are down from 2019 level. >>> and pharmaceutical giant glaxosmithkline is up 1.5% it's firm on track to sell its health unit by the end of next year $50 billion or more. unit brands include advil and sensadine. >>> and cloud season is upon us, google conference kicking off in less than an hour. and ceo speaks at noon more ahead for microsoft and cloud getting big contracts. the next guest is out with the cloud tracker analysis of the largest cloud conference piper sandler. first of all, the third place hyper skill right now. sort of has a reputation of being a unit with good technology google cloud, that is but really not great go-to-market, as far as solving problems for the user. is your sense that enterprise engagement has gotten better

. >>> to rahel solomon for an update rahel. >> hi, kelly here is what is happening at this hour. >>>en met with french president emmanuel macron in rome ahead of the g20 summit. it is first time they've met face to says since the spat over the submarine deal french officials said they were blindsided by the secret u.s., british submarine deal with australia. >>> the faa reportedly planning to issue warning to pilots and airlines ahead of the rollout of a new 5g wireless service. according to the "wall street journal" regulators are intending to warn about the potential interference with key cockpit services it is slated to go live as soon as december. >>> in london protesters taking to the streets to lobby against the use of fossil fuels. demonstrations were joined by greta thunberg and come ahead of next week's u.n. climate summit in scotland. back to you, kelly >> ra tell, thank you. >>> now, crypto as been rallying with ether hitting an all-time high, up 45% this month. bitcoin is above 60,000 again and having the best month this year, up 40% now, this week regulators say they're

. ♪♪ >>> welcome back i'm rahel solomon.e a panel of fda adviser is unanimously backing johnson & johnson's covid booster shots but not saying exactly when the shots should be given. the company says a second dose provides protection as early as two months after the first shot but might work even better after six months. >>> president biden is in hartford, connecticut today to promote his build back better agenda he was at a school talking with children >>> mourning the stabbing death this morning of conservative mp david angus, counter-terrorism officers are leading the investigation. police don't know yet if it was a terror attack. a suspect is in custody. >>> china is sending a three-person are you for a six-month stay on its space station. it will be a new record for chanz astronauts as they continue construction on the station. >>> stocks are near session highs. just a couple points off those levels we saw the dow up more than 100 beliefly s&p up 33, nasdaq up 72. >> a busy remainder of the hour for you coming up. ahead

. >>> welcome back i'm rahel solomon and here is our cnbc news update at this hour a key health panel says most older americans should not take low, daily doses of aspirin to prevent a first heart attack or stroke the group says the increased risk of bleeding outweighs any benefits for people 60 and older who have not had a heart attack or stroke. >>> the brooklyn nets sidelining their unvaccinated point guard kyrie irving until he can play all of the team's games. new york requires all athletes to be vaccinated when practicing in city venues >>> an abrupt firing of jon gruden and will they have to do more about the racist, homophobic and misogynistic e-mails? the international monetary fund's board voicing full confidence, this following a probe into allegations she pressured staffers to change business rankings to benefit china while she was a world bank official you are up-to-date scott, back to you >> thank you we do have breaking news and headlines from the fed president. he is speaking at the peterson instud of economics and the text says, quote, i continue to believe that infla

up 2%, as well what stocks are having the biggest impact we're having that after an update with rahel solomon>> shares of goldman sachs led by investment banking where revenues have surged nearly 90% since last year. goldman shares up are 50% this year pnc bank tumbling 3.5% adjusted earnings well ahead of estimates but concerns about higher costs and unsustainable fee income >>> retail sales posting a surprise jump in september despite higher prices and continued shortages excluding autos the gains were higher and broad based with sales at brick and mortar growing faster than online purchases trucking company jb hunt benefitting from surging demand from shipping. earnings topped estimates and that's despite higher labor costs and margins that were well below forecasts. you're now up to date, john, i'll send it back to you >> thanks, rahel. >>> a tough few weeks for tech stocks but ending the week firmly in the green. josh lipton is looking at some of the names powering this rally. josh. >> facebook is certainly one to watch here on pace for its fifth straight weekly decline. 15% now off its

make everything easier for you and go to the cnbc investing club let's get the headlines from rahel solomon here's what's happening at this hour. the number two democrat in the house says he is hopeful a spending deal could be reached within hours steny hoyer saidys there could a vote later this week and president biden on the campaign trail in virginia and who is leading the race to become that state's next governor? that's tonight at 7:00 eastern >>> u.s. and european law enforcement have arrested 150 people and seized moor than $31 million as part of a probe of darknet dug trafficking. the justice department said the represents are connected to a 10-month investigation >> sudan says the prime minister is being deposed and held for his own safety and accusing other politicians to driving the country into civil war the council will rule sudan until july of 2023. brady giving something back to the fan who returned a very special football he's the first quarterback, and the ball was given to a fan by a teammate in exchange for tom brady jerseys and other gear and he is also giving a fan a bi

. >>> welcome back i'm rahel solomon. here's your cnbc news update at this hour. no disciplinary action for the current general manager of the winnipeg jets. he was an assistant manager for the chicago black hawks when player kyle beach claimed he was sexually assaulted by a coach. the two other executives who heard the complaint resigned this week. general managers, stan bowman and quinnville, most recently the head coach of the florida panthers. >>> sportco is in preliminary talks to build a stcasino next o its hotel. >>> doctors have told queen elizabeth to rest at least two weeks. she was in good spirits while awarding a medal for poetry last week but canceled a trip in addition to her previous plans to attend the cop26 climate summit in scotland 95 years old and being told, relax. >> i will say it again woman is my hero. >>> a u.n. climate summits that the queen was hoping to go to, cop26 six kicks off next yooek world leaders are gathering together to address climate change we have a preview. >> reporter: the primary goals of cop26 are to secure global net z

visit findyourindependentadvisor.com >>> welcome back i'm rahel solomon and here is our cnbc news at this hour nicholas cruz, the accused gunman in the parkland school shooting will plead guilty to murder in the deaths of 17 students and staff members according to his attorneys they will bypass trial and go to a penalty phase and despite the pleas they will still seek a death sentence cruz pleads guilty outawithout deal and how he might still get the death penalty. he will receive a letter of reprimand. >> and this is different, in australia, a brazen robber is accused of using a front-end load tore smash his way into the motorcycle dealership and steal two bikes and he didn't get far because police followed him on a slow-speed chase and he was arrested on foot after the front loader slid down an embankment i don't know how those fast those things go, but he made an effort >> take a look at shares of moderna. there is news according to dow jones that the fda has delayed moderna's vaccine for adolescents. that's an interesting development there. also see here that that delay, the deci

. >>> welcome back i'm rahel solomon.e's your cnbc news update. >>> the state of texas is responding to a federal lawsuit challenging its new abortion pan. texas argues abortion is not a constitutional right because it is not mentioned in the founding document instead, texas contends it is a court-invented right, what it calls a concoction of judges that want to impose their ideology on the nation >>> president biden celebrating the return of in-person learning in the nation's schools. he says that 96% of u.s. school districts are fully open thanks to health measures like masks and vaccination force older students and teachers. as for younger children -- >> i know parents out there are anxiously waiting for a vaccine for children ages 5 to 11. the good news is the fda and outside experts in the cdc are set to make its determination as to whether the vaccine will be authorized for that age range in the next few weeks if authorized, we are ready. >> and in west virginia one of the trucks carrying concert jimt for country si

. ♪ ♪ ♪ >>> welcome back i'm rahel solomon and here is our cnbc news update at this hour trump criticepublican representative adam kinzinger will not seek re-election. he is one of two republicans on the congressional panel investigating the january 6th insurrection on capitol hill he joins a small amount of critics bowing out regulators are asking transit agencies to conduct inspections in the wake of the washington, d.c., derailment the inspection of rail cars in washington are forcing sharply reduced service through november 15th louisiana's biggest health system cannot fire or discipline workers who refuse to get their covid shots. he said oxner health must wait until the legality of the mandate is decided they must show proof of vaccination and on the news tonight, vaccine deadlines in new york city and los angeles and the latest on challenges by workers refusing vaccination that's tonight at 7:00 eastern scott, you are now up-to-date. i'll send it back to you. >> appreciate that very much, thank you. the nasdaq hits a record high joining the s&p 500 which is now trading about 3.

get more on that in a second in the meantime, a news update with rahel solomon >> here's what's happeningrck jumping 9% and on track for their biggest one-day gain in more than five years. the company announcing a pill in a late-stage trial reduced hospitalization or death by covid 50%. the news is slamming the stock of vaccine makers and shares are down 15% >>> consumer sentiment rising more than expected in september but remains below the prepandemic high the increase comes increasing concerns and lingering impacts from the delta variant surge in covid cases. >>> manufacturing activity strengthening as they battle labor shortages. the manufacturing index is getting a boost from improved supplier deliveries. >>> accounting and consulting giant pwc making remote work a permanent option for 40,000 workers. all employees will be able to work virtually and live anywhere but they will need to come into the office for up to three days a month for in-person meetings if only we could do the news from the beach. >> or a rooftop in san francisco. i'll take that i'll appreciate that for today rahel

. >> i'll send it over to rahel solomon. >> so many great philly connections. president biden is calling for 30 countries to fight cyber crime to improve collaboration among law enforcement agencies combatting ransomware and the use of cryptocurrencies. on the news tonight what could be the first death due to ransomware a baby born at a hospital who was under attack and hear details at 7:00 eastern. >>> three generic drugmakers will pay nearly $450 to settle allegations of price fixing and sandos and apotechs have agreed to five years of internal monitoring as well alaska air is telling workers to take covid shots to keep their shots because of the carrier's work as a government contractor. grand duke george romanov is marrying both work on philanthropic projects and it is billed as the first royal wedding in russia since 1885 even though they have not been in power since 1917 you are up-to-date more "halftime report" in two minutes. ♪ ♪ remember when no dream was too big? ♪ ♪ and you could fearlessly face the unknown. (kids playing) you still can. ♪ ♪ (blowing

where we've seen the trees wrapped in flame resistant foil in an attempt to protect them cnbc's rahel solomon with a company offering similar protection for your home. >> reporter: this structure blanketed in fire resistant aluminum survives a controlled burn by reflecting up to 96% of the radiant heat from the flames they say the shield saved their house too. >> it got hot enough to scorch all of the gable trim up here. >> reporter: though a few minor remnants, the largest in colorado history still remain. reminders of what they could have lost. >> our little cabin in the woods up here is our slice of heaven it's part of us. >> reporter: the couple spent ten years in a camper on their four acre property to save enough money for craig, a contractor, to build their rocky mountain paradise. >> about five years old i knew i was going to have a place like this >> reporter: allison also knew she had to do something when wildfires threatened what they spent years creating her solution, cover the cabin in massive flame resistant tarps. >> we wrap it from up underneath the gutter and then down zb >>

now to rahel solomon >>> here's what's happening at this hour. asking the supreme court to vacate a stay of execution for death row inmate john granti an appeals court approved th stay hours before he was to be executed they had an agreement with oklahoma's attorney general that executions would be delayed until atrial took place over the legality over the state's new method of execution. >>> just one in three americans approve of how president biden and democrats are handling their key spending bill. but republicans are doing even worse. fewer than one in five americans approve of how the gop is handling negotiations. >>> and on the news tonight, what will it take to convince democratic lawmakers to support the social spending investments? that's tonight at 7:00 eastern. >>> isn't southern mexico, a migrant caravan is growing as it slowly moves toward the u.s. border leaders of the grew estimate there are now 4,000 people walking north and more than a quarter of them are children this is the largest group headed towards the u.s. since the pandem

i'm rahel solomon. and here's what's happening at this hour. may pick a former head of the fda to once again lead the agency. "the washington post" reporting a top contender for the post, although no final decision has been made. >>> fda advisers vote on covid booster shots and who's likely to get them first. that's tonight at 7:00 eastern steve bannon may soon face contempt charges he says he will not appear at his deposition today for the house's investigation into the january 6th insurrection he says that former president trump told him not to do it. the panel has set a vote on holding bannon in contempt >>> and trump scheduled for a deposition of his own on monday. a new york judge ordering him to be deposed for a lawsuit by a group of mexican protesters who were assaulted in 2015 outside of trump tower in new york city. the protest happened after trump called mexican immigrants rapists and criminals. >>> and in spain fresh lava flows have forced another 700 people to leave their homes, bringing the total now to about 7,000. the magnitude 4

let's get to the headlines now with rahel solomon >> here is our cnbc news update. california, some popular beaches have reopened after being shut for more than a week after following an oil spill. officials found no detectible oil toxins in the water. a capitol police officer sending a whistle-blower letter to congressional leaders. the letter slams two capitol police chiefs for mishandling intelligence surrounding the january 6th riot >>> and the boston marathon taking place successfully today for the first time in 30 months. large crowds showed up for the pandemic-delayed race. this is the first time in its 125-year history that it was run in the fall. two kenyans took top honors. and also on the news, covid vaccine pushback in the nba. the brooklyn nets point guard star kyrie irving. how they got to this point that's all coming up tonight at 7:00 eastern >> rahel, thank you. >>> up next the big etfs you need to watch today. financials midway today and they do kick off earnings dow is holding onto a gain of 75 we're back right after this. (lo) yeah yeah yeah yeah

we'll come back to a couple names in just a minute but first a news update with rahel solomon. >> hi,is what's happening at this hour strong earnings beats from four of the country's largest banks, bank of america shares posting the biggest gains of the group up 2%. b of a income coming in strong the bank cfo saying that next year's net income will be above this year's, morgan stanley results were driven by surnling revenues and institutional securities. >>> shares of united health jumping more than 5% and leading the entire s&p 500 largest u.s. health insurer beat estimates and raised profit guidance for the year. revenues rose 14% of drug benefits unit. >>> wholesale prices are up 8.6% over the last 12 months. that's the biggest annual increase in at least 11 years. but for august, prices rose half a percent slightly below estimates. meanwhile, weekly jobless claims fell below 300,000 for the first since the pandemic began. >>> one day after the biden administration announced the expansion of shipping in the l.a. area, the port of long beach tells cnbc that expanding 24/7 will take

. ♪ ♪ >>> welcome back i'm rahel solomon and here is our cnbc news update at this hour william shatnerptain kirk on "star trek" has made it to space. he and other passengers were on a rocket on jeff bezos' blue origin shatner is now the oldest person to go into space >> you have done something -- i mean, whatever those other guys are doing, what isn't -- they don't -- i don't know about them what you have given me is the most profound experience i can imagine. >> fda staffers sounding a positive note on the benefit of johnson & johnson's covid vaccine booster shots. although the agency did acknowledge it has not verified the company's data, it also questioned whether a test used by j&j, to measure immune response was sensitive enough to produce useful results and in georgia, a judge his dismissed a lawsuit alleging voter fraud during the election. it calls for a review of 150,000 absentee ballots and searched for illegitimate votes in the state's most populous county and on the news, the supreme court considers to reimpose the death penalty for the boston marathon bomber, the cases for

. ♪ >>> welcome back i'm rahel solomon.ur cbs news update. >> a suspect is in custody after a shooting at a houston secondary store. right now we are hearing at least one person was injured but no students were hurt. >>> once the vaccine is fully approved for different age groups, gavin newsom saying in a news conference in the last hour that a mandate will go into effect for grades seven through 12 after the government updates its current vaccine recommendations. >>> no ruling from a federal judge who heard arguments todays as the federal government tries to block the new abortion law in texas that authorizes private seasons to sue providers but nbc news says based on the questions the judge asked the judge maybellining toward issuing a preliminary injunction that would stop enforcement of the law while the court case continues. >> thank you very much. >>> let's get a check on markets. we were up 400 points a short while ago. now the dow is up more than 500. 506. a 1.1% gain. merck is contributing today. s&p up 175%. narkd

more on that in a moment first a news update with rahel solomon. >> good morning.ere is what's happening at this hour consumer confidence rising unexpectedly this month. that's despite rising inflation or consumers are planning to buy homes, cars and major appliances >>> also, the conference board says that nearly half of americans plan to take a vacation in the next six months that's the highest proportion since the pandemic began >>> speaking of new homes, sales surging 14% last month, the fastest pace in six months the sales growth coming despite rising prices. the median price of a new home rose 9.5% over the last year to nearly $409,000. >>> u.p.s. shares soaring. hire shipping rates, the company also raising guidance for full-year operating margins. >>> and shares of lockheed martin now down 11% also trading near they lowest level in eight months aerospace defense company says that supply chain issues and other external factors are hitting sales and profits. you're up to date now, carl. back to you. >> thank you >>> all eyes on names like facebook and tesla t

of 1%, nasdaq hanging up to a quarter of a percent gain all are lower for the week let's get to rahel solomon an update. >>> hi, kelly. the top women's soccer league in the u.s. cancelled all games this weekend the national women's soccer league making the move as it deals with the fall-out of allegations of sexual misconduct against a former coach, north carolina coach paul riley was fired yesterday following claims of sexual coercion by two former players. >>> the u.s. trying to improve relations with france following uproar over the nuclear submarine deal with australia. secretary of state antony blinken announcing he will visit france next week >>> spain's canary islands, an erupting volcano opened up a third lava vent. authorities are watching to see if lava from the vent will join the main flow towards the sea or cut a new path downhill. >>> on the news tonight, protecting houses from wildfires. how a company is using foil to wrap homes and prevent damage. i'm going to have that story tonight at 7:00 eastern. kelly. >> awesome looking forward to it, rahel thank you very much. >>> coming

now to rahel solomon for a cnbc news update. >>> hi, kelly. >>> here is what is happening this hour.ling up the east coast today and into tomorrow. new jersey governor phil murphy warning residents to brace for power outages and severe flooding >> the entire coastline from sandy hook to the delaware bay is under a gail warning until 2:00 p.m. tomorrow, wednesday. given these winds, no one should be surprised if they lose power. >>> college enrollment saw its largest two-year decline in 50 years as more students opted out amid the pandemic uncertainty. the number of undergraduate students is down 10% from two years ago. >>> on the news tonight, usc halting all fraternity social activities after allegations of sexual abuse that's tonight at 7:00 eastern >>> and buckingham palace says queen elizabeth will not attend the global climate conference in glasgow. the queen is following advice to rest instead however, she participated in a few virtual engagements from windsor castle these were the 95-year-old british monarch's engagement this week after she was ordered to take time off >> 95 a

become an agent of innovation with invesco qqq >>> welcome back i'm rahel solomon.ccording to the vatican and followed by the united nations climate summit in scotland early next week >>> u.s. traffic deaths soaring 18.4% in the first half of 2021. according to a department of transportation report that estimates 20,000 died in motor vehicle crashes from january to june the deadliest on american roads since 2006 >>> and a high tide leading to flooding on roadways the delaware river over flowing and spilling on to roads a strong storm is expected to hit the area tonight forecasters say heavy rains could cause the river to overflow again between now and then could be dicey. back to you. >> thank you >>> we're now halfway through the third quarter earnings season and there are two big themes for most companies so far. bob. >>> hello, david so, we're halfway through and a couple of things the most important theme is demand is off the charts that goes against all industries all ceo are saying demand is strong companies are really remarkably learning how to navigate throu

. >>> time now for a cnbc news update with rahel solomon. >>> two people have died after a helicopter collided midair over a phoenix suburb the two victims in the helicopter which crashed into a municipal airport. the flight instructor and a student aboard the plane landed safely. >>> google giving up on plans for bank accounts to the users two years after google announced the banking plans. >>> dollar general sued by the federal government for age discrimination and the harassment the lawsuit says that a dollar general regional director some over 50 managers grumpy old men or quit or be fired. >>> a texas vujacic finding alex jones libel for damages and three defamation trials. jones and other defendants refused to turn over documents to lawyers of sandy hook parents. >> thank you so much. >>> we have about 28 minutes left in the session and higher jeff degraaf tells us what he's seeing in the charts and why seasonality gets better for cyclicals from here on out and dfs weighs in on the latest anti-viral news from merck and what it means tinhe global fight against covid-19 we got thi

. >>> time for a cnbc news update with rahel solomon. >> hi.ning at this hour a wyoming corner said that gabby petito died by strangulation and it was a homicide. he says that she died about three to four weeks before her body was found. >>> north korean leader making a show of missiles and a first exhibition since kim took power. >>> a u.s. marine f-35b fighter jet landing on a japanese naval ship for the first time. it is being converted. >>> in colorado wildlife officials removed a car tire from around an elk's neck. they were tracking it for more than two years and finally this weekend they got close enough to tranquilize the bull elk and had to cut off the horns because they didn't know if they could saw through the steel belted tire but they believe that the elk is now 35 pounds lighter >> that's a load off. >> wow. >> 575 pounds there but still. >> quite a procedure. >> look at the pictures. rahel, thank you. >>> drugmaker curevac say it will stop working on the covid-19 vaccine candidate and we'll talk to the ceo about that decision and

. >>> welcome back i'm rahel solomon and here's our cnbc update at this hour sp supreme court justiceositive for covid-19 the high court's new term starts monday a prosecutor told a court in winnipeg that peter nygard has agreed to expedition to the u.s., where he faces sex trafficking charges. he appeared on a video link from jail the justice minister has to approve a transfer to american authorities. >>> just days after announcing his retirement from boxing, manny pacquiao filed papers to officially start his campaign to be president of the philippines. he's feud wed with the man he hopes to succeed, who is running for vice president because he's barred from running for another term >>> and the image first started appearing on london's streets in 2002 christy's is predicting this will sell for between 3 and $5 million. i'll send it back to you >>> we're getting ought so sale numbers from gm. >> they're a smidge weaker than expected by the way, none of the auto makers are going to report good numbers for the third quarter. gm sales down 32.8% compared to the third quarter of last yea

time for an update on the day with rahel solomon. >> reporter: president biden will be giving a majorss on monday at the international climate conference in glasgow, but it appears he won't be able to announce major initiatives on climate change as congress fights on what should be included john bel edwards said he will also be going to the climate change conference because he said louisiana is especially vulnerable. >> i have no doubt climate change is real and it's changing our weather and not for the better that's one of the reasons i'm going. we're more affected by climate change than any other state in the nation, not just with respect to storms but also sea level rise. >> and in amsterdam where there's already a lot of water, self-driving boats may be on the canals they're coming out with roboats. they can last ten hours. very modern looking. very sleek. >> it is there's definitely a song there. it's best that i move on from breaking into song rahel, thank you. >> we're just minutes away from one of the most important hours of earning season as apple and starbucks gear up fir th

watching >> i don't think playing we must continue it is time now for a cnbc news update with rahel solomonng the 30,000 nonunion work ores to get the covid shots by december 8. discussions with the unions are under way. the companies said it's following the president's order requiring vaccinations. >>> michigan speeding up the time line to get a water crisis under control. benton harbor not far from chicago to replace all lead water pipes. >>> all italia was the airline of pope and now no more. flew the last flight today after 75 year just the airline's been losing money for years and the government spend $9 billion in 3 years keeping it afloat. >>> and the banksy record, bidding on love is in the bin didn't stop until $25 million. this is more than triple the estimate and 18 times what the participating sold for in 2018 before it partially shredded. >> i don't get it. >> just i saw people watching that live. it's become like a viewing event these -- the auctions and stream them live and all going way, way above what they're guided. by many multiples. not just percentages. >> has to say so

. >>> time for a news update with rahel solomon. >> thank you. >>> minnesota will use the national guardo help with staffing challenging at the hospitals. the troops to be deployed is yet to be determined but says that more than 400 patients are waiting for hospital beds to open up across the state. >>> near san antonio, texas, searching continues for a woman. two cars were swept off a bridge yesterday. five people were rescued a 5-year-old girl died trapped in a car a 52-year-old relative of the girl is missing. >>> near charleston, north carolina, a schoolhouse is being moved to a new home. only school left in town that have been designated for african-american why is the group plan to restore it and turn it into a place for sharing seminars of former slaves that took classes there you are up to date back to you. >> thank you we are back up to essentially session high just the high was 408 but more than a percent of gains there for that index s&p and nasdaq up less than that and nice progress on yesterday's bhig rally and a solid week almost in the books. >>> the ceo of zelman and asso

. >>> welcome back i'm rahel solomon.biden is on capitol hill this morning meeting with house democrats. he says he has the votes to pass his compromised $1.75 trillion build back better agenda but progressives want more details biden is scheduled to outline the plan publicly about an hour from now and the house may vote on it today. >>> the justice department stepping up its fight against corporate crime as part of an effort to hold individuals accountable. any company cooperating with prosecutors will need to identify everyone involved in misconduct, not just those that they identify as substantially involved. >>> france has seized a british troller it says was with fishing in its waters without an license. an escalation between the two countries about fishing rights following the uk's withdraw from the european union >>> the winter olympics now 100 days away in beijing the games face several challenges including the covid pandemic and also calls from human rights groups for countries to stay away >>> back to you. >> th

best day tfor the s&p since july vix below 18 10-year yield below 1.53 news update with rahel solomoned five people in a small norwegian town appears to have been an act of terrorism, what the national security agency is saying it says that suspect, a 37-year-old danish man, is a mu him convert who had been identified as having been radicalized. >>> in beirut, five dead, 16 injured in fighting between christians and shiite muslim, it started against a judge who is investigating the port explosion. snipers, pistols and rocket-propelled grenades were used in the sectarian clashes. >>> an fda advisory panel meeting right now on whether to back a third shot of the moderna covid vaccine with a vote expected later today tomorrow the group will consider whether to recommend a second johnson & johnson dose. >>> and more than 10,000 john deere workers are on strike this morning after rejecting a six-year contract agreement between their union and at company. they say that raises of 5 and 6% are not enough you're up to date. back to you. >> really, thank you by the way, i mean, love the look to

phone at that qr code and it will take you right there >>> time now for a cnbc news update with rahel solomone is what's happening at this hour. the supreme court appears to be ready to reinstate the death penalty for boston marathon bomber dzhokhar tsarnaev during more than 90 minutes of arguments the court's six conservative justices seemed likely to embrace the biden administration's argument that a federal appeals court mistakenly threw out his death sentence >>> it's no surprise that heating will be more expensive this winter. the u.s. government putting specific numbers to the increase homes using natural gas should expect to pay about 30% more homes with electric heat are best off with an estimated increase of just 6%. >>> and william shatner finally makes it to space 55 years after he started playing captain kirk on "star trek. he thanked jeff bezos and his blue origin company for a, quote, most profound experience. >> i hope i never recover from this i hope that i can maintain what i feel now i don't want to lose it. in an instant, that's death, that's what i saw. >> he said he doesn

. >> time for cnbc news update with rahel solomon >> hi, sara. this morning. illinois police officer tyler timmons was investigating a stolen car when a man started firing at him. a suspect is in custody. >> the nhl has fined the chicago blackhawks $2 million. the costly penalty is for mishandling sexual assault allegations by a player against an assistant coach in 2010 the general manager has also resigned he said he regrets not doing more to investigate at the time. >> and another dune movie is on the way. legendary entertainment announcing the sequel will be released in october of 2023. it is scheduled to debut exclusively in theaters. the current dune movie was released on hbo max and in theaters so far, it's groced more than $70 million at u.s. theaters back to you, wilf. >> thank you so much when we come back, the number one ranked banking analyst, mike mayo, joins us to weigh in on the state of financials and the names he likes now, and we're less than half an hour away from big earnings after the bell. ruls are coming from alphabet, micro