. >> that is lloyd blankfein with andrew sorkin. talking about above-trend growth. saying that low oil prices bad to the u.s. economy to him does not compute. nice line on the data out of china. >> asked whether he believed it? >> said, do i believe the numbers? i believe there are numbers. >> nice way to punch. they covered the economy and make macrodata. he doesn't get the argument the drop in oil is bad for the u.s. economy. it's something we heard from larry fink. not to mention jack lew the treasury secretary this morning. >> blankfein going along the argument he made. it's a huge tax cut for the american consumer. we hit $60.09 a barrel this morning. >> oil is flat and energy is a leader in this market rebound, which we are seeing the dow up 170 points. s&p having a 1% move. we are not going to see that four days in a row of declines if we continue in this strength. >> it's still early. >> it is a big day here at the new york stock exchange. lendi lendingclub making its debut. looks like it is pricing above the expected range. bob pisani is on the floor. >> th

they are all there for today's big dealbook conference which is being hosted by our very own andrew ross sorkincreator and editor of dealbook. andrew, obviously you have a huge morning ahead. we miss you here, but we are really looking forward to this lineup. what's on the agenda today? >> thank you. we do have a huge day. coming up on "squawk box" in a little bit, we'll be a talking to jack lew. plus oil front and center and what it means politically. we will talk to him. along with inversions, by the way, some burger king news this morning raising some questions about the tax issues there. later in the day we will have mary jo white head of the s.e.c. she has not talked about the insider trading decision that came out yesterday from the appellate court and what that means for future prosecutions. then as the day progresses, we've got lloyd blankfine. we're going to have him weigh in. mary barra of gm headquarters. she's been in and out of headlines throughout the year. and then we'll be talking to hedge manager ray dalio about what's going on in the markets and of course culture. and later in

andrew ross sorkin of the "new york times" joins us now. welcome back to the newshour. you know, we've been seeing, i guess, coming off the midterm elections, that americans don't feel good about the economy, despite the statistics that say otherwise. but this poll that the "time" has done suggests a much deeper, long-term kind of pessimism. how do you explain it? >> well, you know, we wanted to try to look at this concept of the american dream, this concept of mobility-- of starting poor and really becoming rich. we also asked people what they thought rich meant, and i would tell you we thought some of those answers were quite surprising. you don't need to be a millionaire in this country to be considered rich. about 25%, 26% of the respondents said if you can make $100,000 or $200,000, that was very wealthy, in this country. but we wanted to look at that mobility issue, and so many people repeatedly said they didn't think that mobility existed in the same way that they thought it might have existed before. and, frankly, what was most surprising about it was that peopl

our andrew ross sorkin thinks this is the future for america. andrew will be here to explain in a few minutes. i'm not big on it. are you? >> on the idea of car sharing, bill? i love it. i absolutely love it. >> so there -- >> i think it's a -- listen. for people with -- say you're an older citizen, a car driving firt an hour a week this is a way to generate significant income. i love it. >> an older citizen driving a car an hour a week. >> sits in the garage. >> who could you be talking about possibly? >> i'm going to stop here and tell everybody what's going on in the markets right now. as you can see, dow's off 52 points. s&p 500 and the nasdaq off about half a percent. apple, bill a reason why we're seeing pressure today. >> i heard you pulcari. let's get to the "closing bell" exchange with the guests for this december 30th. there's winny sun, we have adam thurgood today, bill smead. dick burrage and kenny pulcari. what's the motivation right now? tax selling is over and traditionally the markets when we get to first trading days of january,

for that, we turn to andrew ross sorkin, he co-hosts squawk box on cnbc and is a columnist for the "newk times" and editor at large of its dealbook section. so, andrew, what's behind up a these mergers and acquisitions this year? >> well, what's behind these deals is actually what's behind the market which is confidence. mergers and acquisitions happen to be probably one to have the better barometers of confidence, not so much in the market itself, but also the boardroom and corner offices of the businesses. c.e.o.s feel better about their businesses. proversely, they don't do deals when they should when the market is low, but when the market is better, they feel better about their own condition. it's a quick way to add revenue when a lot of businesses are struggling to grow unto themselves so they go out and buy. there are remarkably low interest rates now, cash on the balance sheet. you mentioned the pharmaceutical deals, a lot were driven by a tax inversion, this idea that you could go effectively change your headquarters abroad. now the treasury department and the obama administrati

i'm joe kernen along with andrew ross sorkin. becky quick is off today. or ken rogoff. we want to talk to him about oil prices as well. but first andrew has the top stories. >> it's a holiday shortened trading week. we are expecting tomorrow we're going to get the latest case shiller home price index. also consumer confidence in december. an wednesday we'll get jobless claims. november pending home sales. markets closed on thursday for new year's day. here's a look at equity futures for now. dow looks like it would open off about 22 points. nasdaq down about 7.5 points. much of this may be a function of a couple different things. one of which is that we're watching the price of oil. clashes in libya stoking worries about supply from the opec member. a fire started at one of the export terminals has destroyed 800,000 barrels of crude. take a look at stocks in greece. here's one of the big worries. competing party in parliament failuring to elect. could win a majority in the general election to put the bailout in jeopardy. look at major european indexes at t

ken chenault talking about to our andrew ross sorkin talking at the deal book conference. that's enough of that interview for now. the federal reserve proposing a new rule increasing capital requirements for the nation's largest banks. some regulations make it too costly for banks to hold large deposits from companies, making them ask their clients to put their money elsewhere. former fdic chair sheila bair is here next with reaction. stay tuned. can it make a dentist when my teeth are ready? can it track my crew's performance, and protect their heads? can it tell the flight attendant to please not wake me this time? at cognizant, we see opportunities for every company. to meet the new digital demands of their customers. can it process my insurance claim? like, right now? can it download a track while i'm sampling it? can my keys find me? with the power of digital, analytics and automation, now every little "thing" can provide even greater value. ok, so can it tell the doctor how long i have to wear this thing? the answer is yes, it can. so, the question your customers are

i'm joe kernen along with andrew ross sorkin. becky will be back on monday. our penultimate and final day from cnbc global headquarters. and then wednesday -- >> we're moved to the new squawk headquarters. >> to the new squawk headquarters. and this can be the ultimate case of wedding crashers two army captains had to move their wedding ceremony to weekend so president obama could play golf at that venue. the two had planned their wedding for the 16th green of the marine base on the honolulu -- on oahu it saw it last night on nightly. but the night before the wedding, they got a call about the president's golf game and the change in plans. the couple had been warned it might happen and the president only learned about it later, that he had caused the wedding to be moved to a nearby location and he called the couple after the ceremony to congratulate them and apologize for the inconvenience. they're both in the army and they said are you ready to complain that your boss's boss's boss's boss had to move the wedding? they said no no it's fine with us. it worked

i'm becky quick along with joe kernen and andrew ross sorkin. here are the three big stories that we're watching today. first up, tis the season to talk about the consumer. new this morning, we have early numbers on cyber monday. ibm digital analytics reports online sales rose more than 8% compared the to last year. a year ago at this time, cyber sales jumped more than 20%. >>> and a potentially related stories, the nation's automakers will be reporting november sales today. but all accounts, those numbers are expected to be strong. vehicle sales are forecast at an annualized selling pace at about 17 million. remember, any sales that go into auto sales may be taking away from other spending that you would be doing another other retailers. as for the broader markets, oil continues to be the big driver. wti crude rallying more than 4% yesterday. that was its best one-session gain since august 2012. but prices are still down about 36% from the high set earlier this year in late june. take a look at oil prices this morning, you'll see right now, dow

i'm becky quick along with joe kernen and andrew ross sorkin. stocks down sharply with china's benchmark index dropping as much as 6% in the final hour of trading. shares there had been trading at more than three-year highs. among the reasons cited for today's sell-off, a drop in oil prices, profits taking, lowered economic growth expect ages and the fears about new corporate bond restrictions. eunice yoon will have more from beijing in just a moment. >>> the drop in crude oil prices in the overnight sell-off in asia putting pressure on investor sentiment. german imports fell at their fastest rate in almost two years. uk giant tesco is getting hammered, down about 15% on a profit warning. this joufr seas action comes after the dow and the s&p 500 posted their biggest drop since late october. commodities and tech stocks weighing on the markets. crude oil dropping more than 4%. check this out, it's up slightly at this point. it closed yesterday at 63.05 wti. still sitting below $64 a barrel at $63.65. brent sitting at $66.63. we've been watching a

i'm becky quick along with joe kernen and andrew ross sorkin. sony scanseled this week's scheduled release of the movie "the interview." we'll have that four in just a bit. but first, here are the big stories on our plates. we have november durable goods coming at 8:30 eastern time. also worth watching, consumer sentiment, personal income and spending and the richmond fed survey. the russian government and is central bank putt-putting pressure on large exporters to sell dollars. there had been a lot of people calling for that. it turns out it is actually happening. >>> pay attention to greece. stocks falling as the second round of a approximateliat volley takes place. >>> antonas samaras failing to get enough votes from parliament in greece. the analysts say early elections could derail and some of the reforms and raise the risk of another economic setback. andrew, back over to you. >> thank you, becky. some stocks to watch this morning, chesapeake energy failing in a deal to sell southwestern energy. that company okaying a stock buyback plan of

i'm becky quick along with joe kernen and andrew ross sorkin.our top story on this friday morning, another tumble in crude oil. earlier today, oil prices falling below $59. check this out right now. $59.1 1 sitting right on the cusp after falling below $60 for the first time yesterday since 2009. we are now at a five-year low. that's the lowest level in half a decade. right now, the price of crude, again, $59.10. down another 1.4% this morning. also, the international energy agency cutting global oil demand forecast for 2015 by 230,000 barrels a day. and warning that weak demand and oversupply raised the risk of social instability. we'll be talking more about that drop in crude in just a moment. in the meantime, check out the u.s. equity market right now. futures are under pressure by a lot. dow futures down by 143 points below fair value. >> and we will be remiss if we didn't talk about yesterday. we were up well above 200. it was like 30-1 in the morning. then it was 20-1 is. it ended up 60 point and present had fallen positive, 3/1. but it wa

i'm joe kernen along with michelle caruso cabrera and andrew ross sorkin. becky is enjoying the day off. but there is no break in russia this year. president vladimir put yib scrapping new year's holidays for government ministers because of the unfolding economics there. during a televised session yesterday, he has other things on his mind. >> i love that. >> come on. >> that's the one. putin said cabinet ministers in his words can't afford to go on breaks. the main holiday in russia is the new year. russians celebrate orthodox christmas on january 7th. january 17th is a big day to celebrate, though, as you know, andrew. so company employees throughout russia are entitled to the holiday from january 1st to the 12th. >> i missed that. >> what are we doing january 7th? oh, our big day. >> right. >> another day to celebrate. >> it's a huge day for us. >> yes. making our move. >> the big city. >> we're fiejly growing up? >> we get to sit at the big people table. >> so that means i moved to nmg new jersey for no reason? >> there's a lot or other reasons to be he

i'm becky quick along with joe kernen and andrew ross sorkin. take a look at this live picture from nasa's cape canaveral. about an hour from now, the unmanned deep space capsule orion is expected to launch. it is a 4 1/2 hour flight. our jane wells is there and we'll be joining us live in just a few minutes. but first, here are the on her three big stories on our radar this morning. ecb policymakers are meeting in frankfurt. a decision is due at about 7:45 eastern time. president mario draghi will be speaking less than an hour later on the bank's updated forecasts. he is expected to outline a dismal picture of the eurozone. no big additional stimulus measure res expected, at least not at this point. >>> here at home, one key economic release to watch today is going to be the weekly jobless claims. that comes in at 8:30 eastern time. first time filers are seeing falling to 295,000. also, cbs and dish network are locked in a fierce battle with a deadline of 7:00 p.m. tonight. if an agreement isn't reached today, cbs is ready to pull its channels

i'm becky quick along with joe kernan and andrew ross-sorkin. for millions of americans, you are shopping and traveling. but two storms are threatening to bring heavy know to parts of the country. we'll have a forecast from our friends at the weather channel in a few minutes. >>> and december is traditionally a strong time for stocks and this year looks to follow that trend. in the last ten years the s&p has closed higher 80% of the time with the final two weeks tending to be strong with an average return of nearly 2%. it's a holiday shortened week but there's no shortage of economic data to digest. today we get existing home sales. then tomorrow it's durable goods. the final revision of the third quarter gdp, personal income and spending, new home sales and consumer sentiment. on wednesday, weekly jobless claims will get here a day early because of the holiday. a big part of the story on the markets and the economy, oil with the latest lumberg survey showing gas prices dropping to the lowest level since may of 2009. the national average for a g

. >> you have to go back and look because we have andrew animation made. here we go, sorkin sweater -- what does that cost, andrew? >> we provide a different sweater every month. >> do you get to send it back or keep it? if you like it, you keep it. if you don't, you send it back. >> no, no, no. if you don't like it, you keep it. >> why am i not surprised? it's a business model. >> every other month is a sweater or just -- >> we do mock zips and v-necks. we do a couple crews and a couple cable. no cardigans. >> keith is listening saying, i was playing along, but this sounds pretty good. there really is no sorkin sweater of the month. we are kind of kidding around. >> i don't know what the mock -- i don't think the mock would work for me very well, but it is 70 degrees down here. i have to find a way to get christmasy. this is it. >> i think that's the right size for you, dude. i'm looking at pecks and a flat stomach there. >> can you talk to my man, al roker? i'm on his show every day and he rips on me saying, hey, my kid calls and wants their sweater back. >> i love that. a

i'm andrew ross sorkin along with becky quick. michelle caruso cabrera is here. joe enjoying the day off ahead of christmas. if you feel like many americans, you may be waiting for that final package to arrive today. the last-minute surge in e-commerce orders is causing u.s. shippers to cap deliveries. u.p.s. and fedex make those adjustments. companies are trying to avoid repeating last year's fiasco after 2 million express packages were left undelivered. it is a half day close for the markets today. germany closed today. other european markets are having shortened sessions. take a look at futures right now and see how the market is setting itself up for this christmas eve market session. dow jones would open higher, about 43 points higher. nasdaq up 10 points and the s&p 500 up a little over 5 points. weekly jobless claims, we're going to get that at 8:30 eastern time. economists are looking for 290,000 first time filings for unemployment benefits. then we've got corporate news to tell you about. takata's president is stepping down amid the scandal over that mas

i'm andrew ross sorkin with joe kernen. becky enjoying the day off. and for viewers outside of the united states, happy boxing day. it comes from a tradition where boxes were given to people and the box would include a gift or two and perhaps some leftovers from the tables of the wealthy. i used to think it was boxing day. i didn't know. i learned this about a decade ago, but every year we get e-mails from people saying thank you for explaining that. we didn't know. >> it's said some of the boxes include gifts. do some of the boxes people just give boxes? >> i think sometimes it was leftover food. >> food or -- >> but not just boxes, right? >> i have to tell you, my children jumped into an empty box yesterday. thought it was a rocketship and thought that was the greatest gift they could have gotten. >> remember in splash he gives darryl hannah a box and she goes it's beautiful. no, open it. because you don't know for sure if it's wrapped nice. >> pretty box. in the headlines this morning, the holiday shopping season was a successful one for retailers

andrew ross-sorkin is off today.f and turf men you could be in jeopardy as the 2014 lobster season had a lower catch than the previous two years meaning pricier lobsters for consumers. maine's lobster topped 125 million pounds in 2012 and 2013. however, this year fisherminute expect that number to pale in co comparison. >>> the senate is passing a spending bill to shutdown the chance for the government to shut down. >>> the board is trying to revamp the restaurant following a proxy fight. >>> and the sony hacking story takes a new twist. producers of the james bond movie say the early script was among the material stolen. now david boise has been hired to tell the media not to use the leaked documents. >> what would you do? there's so much material in there. >> but it's stolen material. hey, what is wrong with just stealing it? why are you guys doing this? why do you think that's any different than stealing? somebody else said, are you talking about what is happening with sony or the entire model for silicon valley?

i'm becky quick along with joe kernen and andrew ross sorkin. check out the video that's been coming out of the west coast this morning. there is a massive storm that's been causing power outages, mudslides, flooding, homes being washed away. and more rain is expected to pound southern california. let's get to andrew. >> let's tell you about what's going on. oil prices continuing their slide this morning dropping to their lowest since july 2009. that slide may continue into 2015. the energy agency cutting its global oil demand production forecast. by 230,000 barrels per day. the iea also warning that weak demand raises the risk of social instability. but goldman sachs executive calls lower oil a blessing. >> there are a lot of positives to the economy from the energy situation to the resurgence of housing to the most important thing of having reversed all the leverage that was in the system and kind of reset the clock. so you can take something that's a blessing, lower price of oil which once you think of like a tax cut. >> take a look at the pr

i'm becky quick along with joe kernen and andrew ross sorkin. let's get to the three big stories on our watch list. congressional negotiateses reaching a deal for a $1.1 trillion spending bill. the key development will allow lawmakers to avoid a government shutdown tomorrow. john harwood will join us from washington later this hour. overnight in asia, chinese stocks rallying to recoup nearly half of yesterday's losses. this despite worse than expected inflation numbers that added to worries about a cooling economy there. so we will take it. however, stocks dropping sharply in tokyo. main reason? a government survey that showed big japanese manufacturers are becoming less optimistic and predict conditions worsening in the coming months. >>> opec is set to unveil its latest monthly oil market report today. there's a weekly u.s. oil data due at 10:30 eastern time. ahead of those reports, we've been watching oil prices. up this hour, you will see holy cow, below $63 a barrel. down another dollar. $62.79 a barrel for wti. weir watching the trickle do

i'm andrew sorkin along with joe kernen.he musical is one of at least five films from sony pictures that has been leaked online. the leak follows a hacking attack earlier this week. and the brad pitt war movie "fury" was another of the leaked films. this according to one piracy tracking firm. that movie has now been downl d downloaded nearly 900,000 times since last thursday. it is all over hollywood this morning. >> brad pitt's got the same hair cut he had in the basterd thing. remember that one? dirty old basterd or whatever it was. incorrigible basterds. something. inglorious. it's like the same guy. that's his war look. his war look. among our top -- >> what's your look today? >> my look? i got my hair cut last week. among our top stories at this hour, it is cyber monday. big targeted day for online shopping. but retailers at this point aren't celebrating their numbers from last friday. the retail federation reports on average shoppers spent about 6% less than earlier. total sales fell about 11%. although we have people

i'm becky quick along with andrew ross sorkin and joe kernen. this morning, we are looking at spacecraft orion. we were talking about the same story at this time yesterday. after multiple attempts, that launch was scrubbed due to serious issues. but first, three other stories on our radar, the november employment report is due out at 8:00 a.m. eastern. the unemployment rate is seen holding steady at 5.8%. and corporate news, cbs is still on dish network this morning. the two sides failing to reach a deal by last night's deadline. it will continue to be distributed by dish while negotiations continue. >>> and sprb president obama will be announcing his -- for a new secretary of defense today. andrew, good morning. >> thank you, becky. stocks to watch this morning, discount retailer five below offering a disappointing sales outlook for its keep holiday quarter. the company naming its new ceo. gap, better than expected sales. big drive, its old navy brands. and then american eagle outfitters warning its holiday quarter earnings will fall short of e

i'm becky quick along with andrew ross sorkin and joe kernen.this morning, we are looking at spacecraft orion. we were talking about the same story at this time yesterday. after multiple attempts, that launch was scrubbed due to serious issues. but first, three other stories on our radar, the november employment report is due out at 8:00 a.m. eastern. the unemployment rate is see

i'm becky quick along with joe kernen and andrew ross sorkin. stocks down sharply with china's benchmark index dropping as much as 6% in the final hour of trading. shares there had been trading at more than three-year highs. among the reasons cited for today's sell-off, a drop in oil prices, profits taking, lowered economic growth expect ages and the fears about new corporate bond restrictions. eunice yoon will have more from beijing in just a moment. >>> the drop in crude oil prices in the overnight sell-off in asia putting pressure on investor sentiment. german

i'm becky quick along with joe kernen and andrew ross sorkin. take a look at this live picture from nasa's cape canaveral. about an hour from now, the unmanned deep space capsule orion is expected to launch. it is a 4 1/2 hour flight. our jane wells is there and we'll be joining us live in just a few minutes. but first, here are the on her three big stories on our radar this morning. ecb policymakers are meeting in frankfurt. a decision is due at about 7:45 eastern time. president mario draghi will be speaking less than an hour later on the bank's updated forecasts. he is expected to outline a dismal picture of the eurozone. no big additional stimulus measure res expected, at least not at this point. >>> here at home, one key economic release to watch today is going to be the

i'm becky quick along with joe kernen and andrew ross sorkin.we'll have that four in just a bit. but first, here are the big stories on our plates. we have november durable goods coming at 8:30 eastern time. also worth watching, consumer sentiment, personal income and spending and the richmond fed survey. the russian government and is central bank putt-putting pressu o

i'm andrew ross sorkin along with joe kernen. becky is off today. we have breaking news coming in. hours ago, indonesian officials saying debris has been found and the last captured radar message from that jet. at least six bodies have been found. we are going to have more from the singapore airport in just a couple of minutes. >>> but first, other big stories, two economic reports of note on this second to last trading session of 2014. coming up at 9:00 a.m. eastern time, we're going to get the case-shiller price home index. oil prices dropping again, bre

i'm andrew ross sorkin along with becky quick. michelle caruso cabrera is here.oying the day off ahead of christmas. if you feel like many americans, you may be waiting for that final package to arrive today. the last-minute surge in e-commerce orders is causing u.s. shippers to cap deliveries. u.p.s. and fedex make those adjustments. companies are trying to avoid repeating last year's fiasco after

i'm becky quick along with joe kernen and andrew ross sorkin. here are the three big stories that we're watching today. first up, tis the season to talk about the consumer. new this morning, we have early numbers on cyber monday. ibm digital analytics reports online sales rose more than 8% compared the to last year. a year ago at this time, cyber sales jumped more than 20%. >>> and a potentially related stories, the nation's automakers will be reporting november sales today. but all accounts, those numbers are expected to be strong. vehicle sales are forecast at an annualized selling pace at about 17 million. remember, any sales that g

i'm andrew ross-sorkin and becky quick is off for the holidays. waiting on the whereabouts of the missing plane. if it crashed, 2014 will go down as one of the deadliest years in aviation history in recent memory. >>> we are also watching another scary transportation story up fold overseas with a greek ferry catching fire. rescue workers are working to air lift passengers to safety as the fire continues to burn. the normand atlantic was

i'm becky quick along with joe kernan and andrew ross-sorkin.or millions of americans, you are shopping and traveling. but two storms are threatening to bring heavy know to parts of the country. we'll have a forecast from our friends at the weather channel in a few minutes. >>> and december is traditionally a strong time for stocks and this year looks to follow that trend. in the last ten years the s&p has closed higher 80% of the time with the final two weeks tending to be strong with an average return of nearly 2%. it's a holiday shortened week but there's no shortage of economic data to digest. today we get existing home sales. then tomorrow it's durable

i'm becky quick along with joe kernen and andrew ross sorkin. let's get to the three big stories on our watch list. congressional negotiateses reaching a deal for a $1.1 trillion spending bill. the key development will allow lawmakers to avoid a government shutdown tomorrow. john harwood will join us from washington later this hour. overnight in asia, chinese stocks rallying to recoup nearly half of yesterday's losses. this despite worse than expected inflation numbers that added to worries about a cooling economy there. so we will take it. however, stocks dropping sharply in tokyo. main reason? a government survey that showed big japanese manufacturers are becoming less optimistic and predict conditions worsening in the coming months. >>>pe

i'm becky quick along with joe kernan as andrew ross-sorkin is off today.olice are treating this siege as a hostage situation and negotiators made contact with the gunman. >> our plan and only goal tonight and for as long as this takes is to get those people that are currently caught in that building out of there safely. that remains our number one priority and nothing will change. >> we'll have a live report from the scene in just a minute. >>> in the meantime, here are the other big stories we're watching. the fed is in focus as the central bank is widely expected to signal its easy money stance is coming to an end. and it is on track to start raising rates next year. many watchers think the fomc is

warren's attacks on weiss are now drawing fire as well, most notably, from andrew ross sorkin of cnc and "the new york times." he is defending weiss and he calls warren's opposition misdirected, saying her understanding of the burger king deal is misinformed. elizabeth warren has pogued herself as the democratic party's leading crusader against wall street. now she is making this a test for her party. will they stand with her and stop the weiss nomination or should they even do that? here to discuss is msnbc contributor jared bernstein, who is also a senior fellow at the center of budget and policy pries and was vice president -- president obama's chief economic adviser and lenore pal dean know, economist and vice president of policy and outreach at the liberal think tank, demost. thank you for joining us. lenore, let me start with you. the case against weiss this is a member of the president's party, campaigned for obama's re-election, done work on the issue of raising taxes on the wealthy to combat inequality, why is that a bad choice for this position? >> so i think we have to ste

i'm joe kernen along with andrew ross sorkin. you should just come clean. >> i have a cold. >> we're in a business why sleep is -- you don't get a lot of it. >> precious. and when we're able to do it i'm pretty good at it. >> sleep? >> yeah. anywhere. i think that might be an age thing, which is pointed out by people in my family where -- you know, you ever see a person just sitting there and suddenly they're sleeping? like an old person? >> yes. >> that would be me. >>> becky, thankfully is going to be back on friday. she should be well rested. >> although they has a young child. we have jobless claims weekly initial jobless claims out a day earlier coming at 8:30 eastern. we'll get that later this morning. and we'll get the latest look at pending home sales. a measure of contracts signed but not yet closed. >>> and flu season. >> i don't think i have the flu, though. >> flu season has reached epidemic levels. the most prevalent flu virus has mutated since this year's flu vaccine. once again, i'm glad i -- >> i got the flu shot.

andrew ross sorkin is in new york today where he's hosting the "new york times" deal book conference he's going to join us later this morning with a big, special guest. the treasury secretary of the united states, jack lew will be with andrew at 8:30 eastern. making headlines this morning, in a closely watched case, a federal appeal escort overturned the insider trading convictions of two former hedge fund a u.s. tournl says this will limit the ability of people to trade on inside information, but the whole issue is what's inside, what's not? you pay these research firms, check channels, markets call their sources to find out how things are going. that's inside information. what have we really gotten in a nefarious way. >> what is digging, what is? exactly. maybe not a total surprise. sony pictures is on track to debut the interview today. reporters are banned from the event for the controversial comedy in an attempt to eliminate questions on the cyber attack which north korea is a principal. >> it's already what they're talking about on the great. >> in a place that is pretty closed

andrew ross sorkin is out today.om "the new york times," it just feels like we're not credible. >> it's not. >> so our guest host this hour, "new york times" columnist tom friedman who you saw on the colbert there. >> i was there for the good-bye. a lot of fun. >> and you have authored many books. including "beirut to jerusalem." we were talki ining earlier, ths going on in the world so we don't know what we'll talk about. we do have a lot to talk about. everywhere. we had 600 point os. the dow in two days. but let's get top stories from becky. >> on our watch list this morning, the stock reallily showing no signs of slowing down. check out the futures at this hour. the dow futures back up about 75 points above fair value. this coming after their gains the last two days. so take a look at what's happening with the s&p futures. right now they're up 12.5. nasdaq up by 20 points. oil prices rising from a near five and a half year low today. but they are still on track for a fourth straight week of declines. right now wt

times" editor dean bakay differs with sorkin but agrees the material does not rise to the level of other more historically significant stolen government material. andrewallenstein, co-editor of "variety," has his take. >> people are drawing comparisons to something like edward snowden. this is not information that had to come out for the public good. so i think that is a false equivalence. >> reporter: and with the guardians of peace threatening to drop more e-mails, executives around the country are resorting to the old school business practice of picking up the phone. jean casarez, cnn, new york. >> jean, thank you very much. and at the premiere last night of the blockbuster movie "selma" oprah winfrey talked to me about the enormous hack of cnn pictures e-mails and what she has to say may surprise you. here it is. >> i have to ask you, as a producer in hollywood, you hear what's coming out with sony and all of that. what do you have to say about diversity? hollywood? >> what i have to say is i would hope that we would not stand in judgment, in such harsh judgment of a moment in time where somebody was hacked and their private conversations were put