andrew ross sorkin author of "the deanyone tiff history: too big to fail" records on where some others are now. >> reporter: dick fuld was a star on wall street, the longest running ceo of any firm. in 2007 he mounted a vicious campaign against short sellers that he said were trying to put lehman out of business. >> what i really want to do is i want to reach in, rip out their heart and eat it before they die. [ laughter ] >> reporter: five years after lehman's collapse, fuld is chase sent. has a small consulting firm in manhattan, no high-profile clients or among that are saying so. of the clients he has one warned his tarnished reputation could be potentially be damaging. fuld has tried to avoid civil and criminal charges and ran legal bills in the billion of dollars paid for by the lehman estate. many the investigation was dropped after it was concluded there wasn't enough evidence against him. he rode his lehman stock all the way down from a billion down to $56,000, he's not exactly poor. he has his mansion worth over $8 million and sold a park avenue apartment and art now $46 mill

i'm joe kernen along with becky quick and andrew ross sorkin.'m being told that it's ted turner's boat was called the courageous, but the moniker was captain outrageous at the time. making headlines this morning, richmond fed president jeffrey lacker says the central bank's effort to assure the public that interest rates will remain near zero for years could have a per verse effect. he says it could hurt confidence and damage economic growth. lacker has been critical not only of the zero interest rate policy, but also qe and the asset purchases. this is kind of a new twist on things, though. everybody has an opinion about qe being good or bad. but most people think the zero interest rate part -- they're not criticizing that. they should emphasize that as we exit qe, right? by emphasizing we'll stay at zero to not get the market to worry about that. now lacker is even say that might be -- >> i don't want them talking any more. >> what good is it? one economic figure makes all the comments moot. plaquerock will focus on short maturity funds. black

telling you barney ended up moderating. >> i think we asked him, who would be interviewing him, andrew ross sorkinve ourselves. it's andrew, we'll be there. >> he interviews himself. >> exactly. >> he's a little bit liberal for us -- no, i'm kidding. coming up, mohammed el-erian. he's a yellen person. >> i don't know where they stand on this stuff. they don't like qe, maybe they like summers. i think he's not a big qe fan. >>> the pimco boss is going to share his thoughts on larry summers withdrawing his name from consideration of the fed chair. janet yellen, is she the front runner? >> yeah, that's what harwood tells us. here at fidelity, weu the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account. the

andrew ross sorkin. >>> a united nations report out today is expected to confirm president bashar alssad's resume used chemical weapons in attacks in damascus on the heels of a deal setting the terms for syria to surrender its cache of chemical weapons. they want international inspectors by november and destroy the weapons next year, but unanswered is what happens if syria does not comply. >> now, this will only be as effective as its implementation will be. and president obama has made it clear that to accomplish that, the threat of force remains. >> i think kerry went over there candidly with a weak hand. i think all of us have to approach this with a healthy and strong degree of skepticism. the threat of force from a mu i multilateral standpoint is still very much in russian hands. >> that indecisiveness i think gave the diplomatic advantage to the russians. they saw it, they stepped in. this is a russian plan for russian interests. >> one high ranking syrian official called it a victory for the assad regime and some rebel groups are deflated by it but president obama is defending

i'm becky quick along with joe kernen and andrew ross sorkin. senate majority leader harry reid is delaying a senate test vote to authorize the use of force against the syrian regime. he says he consulted with the president, fellow democrats and republicans before delaying the vote. >> you have to take it with a grain of salt initially, but between the statements we saw from the russians, the statement today from the syrians, this represents a potentially positive development and my preference consistently has been a diplomatic resolution to this problem. >> the president was referring to an idea that got started by secretary of state john kerry when he made an offhanded comment about what it would take to solve this through diplomatic reasons. we'll talk more about that. >> just a moment. but a new cnbc "wall street journal" poll finds 60% of americans are against striking syria. john harwood will join us with that in a moment. but first, andrew has a rappup of the day's headlines. >> the big one being apple. apple holding a major media event t

i'm becky quick along with joe kernen and andrew ross sorkin. we're going to talk about the latest on syria and putin's op-ed this morning in just a few minutes. but first, let's set today's market agenda. first up, we have data points of note. weekly jobless claims and import price res going to be released at 8:30 eastern time. also this afternoon, the treasury will auction $13 billion in 30-year bonds. you have the record $49 billion debt offering by verizon. stocks, they have been on a nice rally. the dow posted a triple digit gain for the third straight session yesterday. the s&p 500 closing up for the on seventh day in a row and also worth noting today, the new york fed president william dudley will be speaking in paris a little later this morning. the topic, on the reform of overthe counter derivatives. and the fkk will be meeting at the exchange eggs on the introduction of trading at the nasdaq all the way whack on august 22nd. so it's about time we see some of this. we're going preview that with harvey pitt and ron guffner. that's coming

pretty neat. >> this nantucket conference attracting the likes of larry summers, andrew ross sorkin, gorbachev, pope francis. >> not pope francis. >> i swear it started out with gore bachev and i'm andrew ross sorkin. i'm like, is there another -- >> it was a mistake. >> no. >> it was a mistake. but no, there's a lot of interesting people here. we talked to meredith whitney. and, of course, that is by the way the discussion here. and most people feel a little bit around about this extortion thing. but i will say one thing to point out, $20 billion, that's actually what jpmorgan has spent on legal fines between 2010 and 2012. >> 20 million? >> $20 billion in total. if this $11 billion minimum goes through, it will be $20 billion in total. while there's a lot ooh people here who are thinks friends and his supporters, a lot of people say at some point if you're the board, this gets very complicated. and perhaps the reason he still has his job is the fact that there isn't anybody waiting in the wings. >> the classic thing is, the government, which was so worried about the whale somehow hu

i'm becky quick along with joe kernen and andrew ross sorkin. and the washington navy yard remains closed this morning except for essential personnel. today, law enforcement officials are trying to learn more about navy veteran aaron alexis and the grudge he may have had against the military. officials believe he was the lone is shooter and that as a contractor, he had legitimate access to the navy yard. but they don't know why he might have opened fire yesterday, killing 12 people. >> we don't know what the motive is. >> we continue to work to determine where he has been, who he has talked to, and what he has done. >> ayman jabbers will be joining us from the navy yard with the latest in just a few minutes. but first, andrew has a lineup of other headlines this morning. >> the fed will begin a two-day meeting in washington. a decision is expected tomorrow afternoon. that will be followed by ben bernanke's news conference. the fed is expected to announce it will begin tapering its bond buying program. and steve liesman is going to join on us in

i'm becky quick along with joe kernen and andrew ross sorkin. in our headlines this morning, wall street is once again paying close attention to washington today as we move closer to the october 1st deadline for congress to pass a resolution to keep the government funded. late yesterday, senate minority leader mitch mcconnell said he would not support the tactics of three tea party backed senators threatening to fund a bill to solve our government. we have former clinton white house press secretary joe lock hart and jim nussle. president obama is going to be addressing the united nations general assembly today in new york. he can expected to speak on syria's chemical weapons, mid-east peace talks and iran's nuclear pursuits. iran's new president will speak today. traders says the oil market will be watching body language between the two men. will they say hello to each other? will they shake hands or will they avoid each other entirely? also on today's agenda, we have key economic data. last month's reports show price gains slowing in 14 of the

i'm joe kernan along with becky quick and andrew ross sorkin. and with us today is larry lindsey. andrew has your morning headlines. and including this iphone -- >> iphone. apple's latest iphone models are officially on sale. you're looking right now at a live shot of the fifth avenue store in new york city. courtney reagan will join us with more in about 15 minutes. it's unbelievable. >> there were questions about whether they'd have lines this time around. >> unclear how much stock they have. there's some talk there's not a lot of stock out there. not a lot of stock, though. we do have a new gold iphone onset with us courtesy of a lovely lady from at&t who came over from at&t wireless. and it's a pretty cool phone. i'm on verizon, but i should say that the one thing you can do on this phone you can't do on verizon is you can talk and surf the web at the same time. and they now claim their network is faster than verizon. i don't know if i have to reconsider things. you're on at&t? >> yeah. >> how about you guys? >> i just have the company issue. >> you're on att. >> i'm on the co

and andrew ross sorkin. let's set up today's agenda. in washington, the senate armed services and foreign relations committees will hold closed hearings to receive classified intelligence on syria. they could vote as soon as today on the syria authorization bill. in the meantime, the house foreign affairs committee will convene a hearing at noon to hear from secretary of state john kerry, defense secretary chuck hagel and martin dempsey. we'll have more from ayman jabbers in d.c. also, president obama arrived in sweden this morning. he'll be holding a news conference at 8:30 eastern time with that country's prime minister. it is safe to assume he will face questions on syria. we'll be monitoring all of that and bringing you the highlights as they happen. plus, on the economic front today, a few releases of note for the markets. 8:30 eastern, international trade. then this afternoon, we get the fed's beige book. and throughout the day, the nation's automakers. they'll be reporting on august sales. in addition to covering all of these sto

i'm becky quick along with joe kernen and andrew ross sorkin on cnbc. it is just after 6:00 a.m. on the east coast. texas senator ted cruz and a few of his colleagues are still talking. cruz took to the floor just after 2:41 p.m. yesterday, vowing to speak in opposition to obama care until he was to longer able to stand. the overnight talk athon included occasional remarks by other gop conservatives. but republican leaders opposed this time consuming effort, fearing the house will not have enough time to respond to eventual action. a senate test vote is scheduled for this afternoon. among our newsmaker owes this topic this morning, we have former pennsylvania governor ed rendell, judd gregg, tennessee republican rob corker and virginia democrat mark warner. >>> aym an jabbers reported last week milliseconds ahead of other trades based on the fed's surprise announcement that it was not tapering. $800 million worth of futures contracts traded in the first seven milliseconds after 2:00 p.m. eastern time. you saw some massive moves there because this was something the market had not

i'm becky quick along with joe kernen and andrew ross sorkin. on today's agenda, we have a final batch of key economic numbers coming ahead of the fed's two-day meeting next week. at 8:30 eastern time, we have august retail sales and a producer price index. comes um at 9:55, we get consumer sentiment. five minutes later at 10:00, we get business inventories. these are the last numbers the fed will get to look at before that meeting next week. >>> reports that larry summers will be nominated as fed chief as early as next week are moving markets today. it says president obama could make that announcement after the fed's wednesday meeting. again, the source coming from the nikkei newspaper, an interesting one because you wonder who has been talking to whom about this and where their sources are. the dollar, as we mentioned, had that rally overnight. you can see right now at 99.65. the dow is still within about 2% of its record close and on track for its second biggest weekly gain of a year. the futures as we head into this are looking at this point

and andrew ross sorkin. september is starting off strong. we have a flurry of headlines this morning. let's get right down to business. welcome back, everybody. it is time to go. nokia, first of all, is selling its hand set business to microsoft for $7.2 billion. when this deal closes, nokia's ceo stephen elop will rejoin microsoft as head of the mobile services business. he had been rumored to be a possible replacement for microsoft's retiring ceo steve ballmer. more from jon fortt on that in a moment, including his interview from earlier this morning with ballmer himself. in other deal news, verizon agreed to pay $130 billion to buy vodafone out of its u.s. wireless business. kayla tashe will join us with more. cbs and time warner cable reached a deal to end a month long blackout. the terms of the deal were not disclosed, but the two sides, as you probably know, have been at odds since the beginning of august, that's when they were blacked out on time warner systems in los angeles, new york and dallas and smaller market as well. we'll talk

andrew ross sorkin is off today. u.s. stuff to happen, adp, things like that. watching the overseas markets, you can check out asia. we'll take a look at europe quickly to see if we are getting a coup on what to do. the hang seng is the most notable market there. nothing happening in europe to really speak of. we were waiting for ecb and boe. >> both of them came out. >> the ecb, the key interest rate unchanged at half a percent. the bank of england left its rate unchanged. overnight, the bank maintained the monetary stimulus. offering an economic view that the policy is working. the bottom line is from all these central banks, status quo this morning. jobs data, less than 15 minutes away, we will be getting the adp employment report from adp. forecasters say 170,000 private payrolls were probably added in the last month. >>> and the president clearing a major hurdle in his push for a u.s. military strike against syria. ayman javers joins us from washington with more on that. >> reporter: good morning, becky. the presiden

i'm andrew ross sorkin. becky quick is out sick today. we all wish her well.look at the futures. giving the potential for a government shutdown, the dow off about 110 points right now. if we opened up, s&p 500 would open off about 13 points. let's get you through some of the morning headlines. the big one i've mentioned, the government shutdown looming at midnight eastern time today barring the last-minute agreement. the house passed a bill that keeps the government running, but it does delay president obama's health care reform law. senate leaders have already declared, though, that bill is dead on arrival and we'll have much more on that in a moment. >>> also, plenty of political turmoil happening overseas, as well, this morning. members of former prime minister berlusconi's party pulled out of the coalition and that's sending the country into disarray. it sets up the possibility of new elections, all that sending italian bond yields spiking. we have our own problems over here, lots to chew on, joe. >> becky might be on some type of covert mission. >> you th

i'm becky quick along with joe kernen and andrew ross sorkin. and most on wall street had expected the fade to announce a taper paring back its bond buying program by $10 billion to $15 billion. but not yet said chairman ben bernanke. fomc policymakers tightening a decision specifically in mortgage rates. it blames washington, making note of another congressional showdown on the debt ceiling. >> a government shutdown and perhaps even more so a failure to raise the debt limit could have very serious consequences for the financial markets and for the economy. and the federal reserve's policy is to do whatever we can to keep the economy on course. >> the fed also downgraded its outlook for the economy. it now expects gdp growth will be in the 2 to 2.3% range for this year. as for the market response to the fed's announcement, well, stocks soared to all-time highs. looks like game on as far as any of these short-term traders are concerned. you saw bond yields retreating. the dow jones industrial average closed at 15,676. the ten-year yield crept dow

i'm becky quick along with joe kernen and andrew ross sorkin.harry reid is delaying a senate test vote to authorize the use of force against the syrian regime. he says he consulted with the president, fellow democrats and republicans before delaying the vote. >> you have to take it with a grain of salt initially, but between the statements we saw from the russians, the statement today from the syrians, this represents a potentially positive development and my preference consistently has been a diplomatic resolution to this problem. >> the president was referring to an idea that got started by et

i'm becky quick along with joe kernen and andrew ross sorkin.s out with the markets this morning. the dow and the s&p both closing lower for a fifth consecutive session yesterday. that means that the s&p is now on its longest losing streak of the year. yesterday treasury secretary jack lew warned that the government would not be able to avoid funds. a house on vote to raise the debt limit is possible tomorrow. the senate is on track tomorrow for legislation to avert a government agency shutdown. senate majority leader harry reid held a meeting last night assuring lawmakers that he would fought allow republicans to approve revisions toel

i'm becky quick along with joe kernen and andrew ross sorkin on cnbc. it is just after 6:00 a.m.tor ted cruz and a few of his colleagues are still talking. cruz took to the floor just after 2:41 p.m. yesterday, vowing to speak in opposition to obama care until he was to longer able to stand. the overnight talk athon included occasional remarks by other gop conservatives. but republican leaders opposed this time consuming effort, fearing the house will not have enough time to respond to eventual action. a senate test vote is scheduled for this afternoon. among our newsmaker owes this topic this morning, we have former pennsylvania governor ed rendell, judd gregg, tennessee republican rob

i'm becky quick along with joe kernen and andrew ross sorkin.ll street is once again paying close attention to washington today as we move closer to the october 1st deadline for congress to pass a resolution to keep the government funded. late yesterday, senate minority leader mitch mcconnell said he would not support the tactics of three tea party backed senators threatening to fund a bill to solve our government. we have former clinton white house press secretary joe lock hart and jim nussle. president obama is going to be addressing the united nations general assembly today in new york. he can expected to speak on syria's chemical weapons, mid-east peace talks and iran's nuclear pursuits. iran's new president will speak today. traders says the oil market will be watching body language between the two men. will they say hello to each other? will they shake hands or will

i'm becky quick along with joe kernen and andrew ross sorkin. the president said that the u.s. russia, china and american allies to force syria to hand over its chemical weapons. but he also made the case for action. >> this is not a world we should accept. this is what's at stake. and that is why, after careful deliberation, i determined that it is in the national security interests of the united states to respond to the assad regime's use of chemical weapons through

andrew ross sorkin is reporting from beautiful new england this morning where business leaders and thinkers the nantucket project. that's why we're playing "sail away." among newsmakers joining us today we have bob diamond, alan schwartz. the sfeet has votes scheduled today on legislation to avert a government shutdown. the measure is expected to pass. it does not include house language that would strip money from obama care. house republican leaders have said they are unwilling to sell the bill. a national congressional debate is expected to -- into the weekend. we have personal income and

i'm becky quick along with joe kernen and andrew ross sorkin.ut the latest on syria and putin's op-ed this morning in just a few minutes. but first, let's set today's market agenda. first up, we have data points of note. weekly jobless claims and import price res going to be released at 8:30 eastern time. also this afternoon, the treasury will auction $13 billion in 30-year bonds. you have the record $49 billion debt offering by verizon. stocks, they have been on a nice rally. thw

i'm becky quick along with joe kernen and andrew ross sorkin. have a final batch of key economic numbers coming ahead of the fed's two-day meeting next week. at 8:30 eastern time, we have august retail sales and a producer price index. comes um at 9:55, we get consumer sentiment. five minutes later at 10:00, we get business inventories. these are the last numbers the fed will get to look at before that meeting next week. >>> reports that larry summers will be nominated as fed chief as early as next week are moving markets today. it says president obama could make that announcement after the fed's wednesday meeting. again, the source coming from the nikkei newspaper, an interesting one because you wonder who has been talking to whom about this and where tir

i'm becky quick along with joe kernen and andrew ross sorkin.the markets. the dow and the s&p 500 snapping a four-day rally yesterday as some of the fed euphoria fades. we've been asking our guests to make what they make of the markets. yesterday, i sat down with arguably the world's best known investor, warren buffett. he says over the last five years, stocks have gone from ridiculously cheap to more or less fairly priced now. >> the lower interest rates are, the more assets are worth, basically. and to the extent that qe3 is keeping interest rates lower than they would otherwise, it probably keeps asset prices somewhat higher than they might be otherwise. but there's other variables. if that doesn't exist, it's maybe because business is a lot better. there's more than one variable. but interest rates are a terribly important variable in the evaluation of assets. >> when you look around, are there still deals that you can

i'm becky quick with joe kernen and andrew ross sorkin. september is starting off strong.rry of headlines this morning. let's get right down to business. welcome back, everybody. it is time to go. nokia, first of all, is selling its hand set business to microsoft for $7.2 billion. when this deal closes, nokia's ceo stephen elop will rejoin microsoft as head of the mobile services business. he had been rumored to be a possible replacement for microsoft's retiring ceo steve ballmer. more from jon fortt on that in a moment, including his interview from earlier this morning with ballmer himself. in other deal news, verizon agreed to pay $130 billion to buy vodafone out of its u.s. wireless business. kayla tashe will join us with more. cbs and time warner cable reached a deal to end a month long blackout. the terms of the deal were not disclosed, but the two sides, as you probably know, have been at

i'm becky quick along with joe kernen and andrew ross sorkin who is reporting live from chicago thisn sax chairman and ceo lloyd blank fine coming up at 8:30 eastern time. we'll have more from andrew on that conversation in a minute. first up the fed is set to announce its policy decision at 2:00 eastern this afternoon. chairman ben bernanke is going to hold a news conference 30 minutes later. the central bank is expected to announce it's winding down its $85 billion asset purchase program. the question is by how much? also on the economic agenda today, we have august housing starts and building permits. starts are expected to rise by 2%. permits are expected to fall

andrew ross sorkin is off today. we start things off with the economy.k of england and the ecb are both holding policy setting meetings today. that boe decision is due out at about 7:00 eastern time. the ecb, alphabet soup, 45 minutes later. both central banks are expected to keep rates unchanged. we'll have more from our colleagues in europe in a few minutes. in news out of asia overnight, the bank of japan voting to maintain its monetary stimulus. the boj offering a few more upbeat economic views than last month on growing signs that its expansionary policy is working. the numbers are still hard to get your head around. they'll be expanding the monetary base at an annual pace of 60 to 70 trillion yen. >> you added a boj to the boe and the ecb and the adp. so you added another one. >> yep. >> the yen is apparently when you're going to talk about now. >> the yen, in response to everything. look and you'll see what happenit

i'm becky quick with joe kernen and andrew ross sorkin. our guest host this hour is dennis kartman.elcome. good to see you. we're going to get to all that, but before we do, let's set the stage for the jobs report. the economy probably added 175,000 jobs last month. the unemployment rate is expected to hold steady at a four-year low of 7.4%. meantime, average hourly wages are expected to raise by .2%. we have been watching the futures ahead of this report and not major moves but you can see the dow futures are down by 25 points. s&p 500 off by a point and a half. >> we're watching the ten-year. yields topping the key 3% level yesterday. last time that happened was when becky was pregnant.

i'm becky quick with joe kernen and andrew ross sorkin. let's set up today's agenda.gton, the senate armed services and foreign relations committees will hold closed hearings to receive classified intelligence on syria. they could vote as soon as today on the syria authorization bill. in the meantime, the house foreign affairs committee will convene a hearing at noon to hear from secretary of state john kerry, defense secretary chuck hagel and martin dempsey. we'll have more from ayman jabbers in d.c. also, president obama arrived in sweden this morning. he'll be holding a news conference at 8:30 eastern time with that country's prime minister. it is safe to assume he will face questions on syria. we'll be monitoring all of that and bringing you the highlights as they happen. plus, on the economic front today, a few releases of note for the markets. 8:30 eastern, international trade. then this afternoon, we get the fed's beige book. and throughout the day, the nation's automakers. they'll be reporting on august sales. in addition to covering all of these ie

i'm becky quick along with joe kernen and andrew ross sorkin.ins closed this morning except for essential personnel. today, law enforcement officials are trying to learn more about navy veteran aaron alexis and the grudge he may have had against the military. officials believe he was the lone is shooter and that as a contractor, he had legitimate access to the navy yard. but they don't know why he might have opened fire yesterday, killing 12 people. >> we don't know what the motive is. >> we continue to work to determine where he has been, who he has talked to, and what he has done. >> ayman jabbers will be joining us from the navy yard with the latest in just a few minutes. but first, andrew has a lineup of other headlines this morning. >> the fed will begin a two-day meeting in washington. a decision is expected tomorrow afternoon. that will be followed by ben bernanke's news conference. the fed is expected to announce it will begin tapering

i'm becky quick along with joe kernen and andrew ross sorkin.d the fade to announce a taper paring back its bond buying program by $10 billion to $15 billion. but not yet said chairman ben bernanke. fomc policymakers tightening a decision specifically in mortgage rates. it blames washington, making note of another congressional showdown on the debt ceiling. >> a government shutdown and perhaps even more so a failure to raise the debt limit could have very serious consequences for the financial markets a

i'm becky quick along with joe kernen and andrew ross sorkin who is reporting live from chicago this morning. andrew is getting ready for an exclusive interview with goldman sax chairman and ceo lloyd blank fine coming up at 8:30 eastern time. we'll have more from andrew on that conversation in a minute. first up, the fed is set to announce its policy decision at 2:00 eastern this afternoon. chairman ben bernanke is going to hold a news conference 30 minutes later. the central bank is expected to announce it's winding down its $85 billion asset purchase program. the question is by how much? also on the economic agenda today, we have august housing starts and building permits. starts are expected to rise by 2%. permits are expected to fall by 0.1%. as for the markets this morning, take a look. the dow and the s&p both closed at six-week highs yesterday. the nasdaq ended the session at a 13-year high. 15,529. that was the close for the dow. if you take a look at the futures this morning, just to get a sense of this, cramer told us yesterday the market wants to get up no matter what. the

i'm becky quick along with joe kernen and andrew ross sorkin. the president said that the u.s. will pull off a military strike and work with russia, china and american allies to force syria to hand over its chemical weapons. but he also made the case for action. >> this is not a world we should accept. this is what's at stake. and that is why, after careful deliberation, i determined that it is in the national security interests of the united states to respond to the assad regime's use of chemical weapons through a targeted military strike. >> supporters in congress are pledging to cautiously back the president's pursuit of a new russian-led diplomatic solution. but critics are slamming the speech for what they call a haphazard response. >> we fail to see its national security interest in a war twren a leader who gases his own citizens. >> john harwood is going to join us with more in just a few minutes. we have joe watkins and jimmy williams. they'll be joining us at 7:00 a.m. eastern time. then a number of perspectives from capitol hill. senators heidi heitkamp and john barra

i'm becky quick with joe kernen and andrew ross sorkin. our guest host this hour is dennis kartman. dennis, welcome. good to see you. we're going to get to all that, but before we do, let's set the stage for the jobs report. the economy probably added 175,000 jobs last month. the unemployment rate is expected to hold steady at a four-year low of 7.4%. meantime, average hourly wages are expected to raise by .2%. we have been watching the futures ahead of this report and not major moves but you can see the dow futures are down by 25 points. s&p 500 off by a point and a half. >> we're watching the ten-year. yields topping the key 3% level yesterday. last time that happened was when becky was pregnant. if you're wondering why the -- if you're wondering why the ten-year is important, who might be paying atense, li ining atte greenspan was on "squawk box" in december of 2010 and he had a piece of advice for cnbc viewers. >> would you kindly get a little less libor on your streamer and more ten-year note? >> yes. >> do we go heavy on libor? >> i know what libor is, because it very rarely c

i'm becky quick along with joe kernan and andrew ross sorkin.eek, the futures are indicated higher this morning. dow futures up by close to 55 points above fair value. s&p futures up by over two points. in our headlines this morning, just one week left for lawmakers to work out a deal to avert a government shutdown. if they can't, it would be the first shut down since 1996. at this point, democrats and republicans are far apart on any agreement about the budget and the debt limit. we'll have more on the possibility of a government shutdown next hour with former virginia governor and rnc chair jim gilmore and former tennessee governor phil bredesen. angela merkel has won a third term in office, but merkel's party did not get enough votes to rule on its own and will have to form a coalition government with opposition parties. >>> and with last week's nontaper, investigators are looking for more clues on when the fed may be cutting back on the bond-buying program. they'll start with the three fed speakers. phil dudley and dennis lockhart have speec

welcome back to "squawk box" here on cnbc, i'm becky quick along with joe kernan and andrew ross-sorkindest advances. those futures up by about 16 points for the dow, the s&p up about two points. in our headlines, president obama accelerating his push for a military strike in syria ahead of a congressional vote. he will do multiple broadcast interviews today and address the nation tomorrow night. . we'll have much more on syria in a few minutes. also, economists are keeping their view on the u.s. economic growth. they expect it to expand to a 3% rate by the second quarter of next year. the latest survey by the national association for business economics says that low inflation and an improving labor market will help boost economic growth. and neiman marcus is reportedly in talks to be bought for more than $6 billion. the potential buyers are asset manager and the canada pension plan investment board. currently owned by cpg capital. >> neiman should ask for $12 billion. if the going rate is $6 billion, because it's neiman marcus. it should be a needless park-up. it should be 12 -- >> the