barney's is offering deep discounts. is having a rare clearance of luxury brands for black friday weekend. clearance sales will average 30% to 35% off starting today. the move follows barney's decision to liquidate. the retailer filed for bankruptcy in october. barney's opened in new york in 1923. anne-marie? >> well, i guess that's good for some black friday shoppers. but when it comes to barney's, i think you might need to cut a little bit deeper for me. pretty pricey. >> for sure. for sure. >> marc liverman at the new york stock exchange. thank you so much, marc. >> sure thing. >>> still to come, a subway scare caught on video. a reminder for smartphone users about why they should always watch where they are walking. what does help for heart failure look like? it looks like this. ♪the beat goes on entresto is a heart fai pil don't take entresto if pregnant; it can cause harm or death to an unborn baby. ♪la-di-la-di-di the most serious side it ceffects are angioedema, to an unborn baby. low blood pressure, kidney probl

we don't want repeat of barney last year. >> officials will make the call in the morning. >>> here'shing we can't wait for, miranda lambert will be performing. >> hope you guys tune in. lauren, back to you. >> keltie i love that tradition. another big holiday tradition, you can always go to the moes. >> and while "frozen two" will continue to dominate the box office there a a couple of others movies folks should chill and catch o. kfc? >> first up, chris evans is a confident jerk, kind oa 180 from captain america, in the all-star ensemble murder mystery "knives out." would be theirst to crack ct under essure in the interrogation? >> i mean, maybe me. i t a bad poker face. maybe i wouldn't le openly crack, but you would see right rough me. >> oy. which co-star would you trust with your secrets? >> o it's like -- in real life? you mean you? ohyeah, you. >> oh, my god. i'm like the v for vault. >> daniel craig plays a detective. ankle surgery recently after an injury on the "ntime to die" set. >> i had a very good surgeon. so he basically wired it all ba together again. so it wafine. >>

mortar stores and any longer we had some pretty huge bankruptcy cases when it comes to sears or barney's in new york so americans do spend but not necessarily at the big department stores any longer and when it comes to home depot there seems to be some internal factors some investments in the recent past that have nots transferred into higher sales at this point here let's talk a little bit more about home depot it's america's biggest home improvement chain as a. so what do these disappointing results tell us about the real estate situation in the us. you have been for the beef cause over the 1st glance you could guess that if the biggest improvement center isn't doing that great maybe that is a warning sign that something is wrong in the u.s. housing industry but at least for now that does not seem to be the case we got some fresh numbers from the us us home housing industry and actually housing starts continue to recover and if you look at building permits so if you church indicator we even saw in october the biggest increase in we reached the highest level when it comes to those perm

the barney's madison avenue flagship store will remain open for about a year, 12 months after authenticend up purchasing the store. great american group and tiger capital group have announced store closing sales will be at about five barney's stores and warehouse locations in the near future but the one in new york, stays open for a year. that will make a lot of fashionistas very happy and certainly the employees there. >>> all right. i just want to note, we are at session highs right now. the dow is up nearly 300 points. okay, 285. let's just say nearly 300. we are watching all of this and more as apple's long-awaited streaming video service apple tv plus is officially finally live. apple's launch, a critical step for the tech titan as it begins to compete in streaming tv, content versus disney, netflix, hbo and yes, even amc theaters. comcast not waiting long to answer back at apple. a new report saying the telecom and cable giant's coming digital service peacock could offer an ad-supported free option for would-be viewers. more than who will rein supreme in the streaming wars, will t

reporter: the general manager of the san francisco premier outlet say despite some retailers like barney's folding, the tale of people moving from brick-and-mortar to laptop are overblown. >> i think online complements what we have going on with the discount. they can shop online, they can be familiar with new stores, then they can come out and touch it, feel it and find better deals they didn't even see. >> reporter: more customers say their habits have begun shifting. >> i think it's been gradually happening for the past two or three years. so, at first it's like amazon started doing their little big prime shopping and then now it's become sort of a lifestyle. >> reporter: the stores here at the midnight madness which means i'll be open at midnight for black friday and they will stay open until 10 p.m. maybe by then some of these crowds will have thinned out. maybe 3 a.m. is your time to shop. >>> andria borba, kpix 5. >>> still ahead, president trump's big surprise. what he did for the first time as president. >>> down she goes, yikes! the moment everyone has been talking about. >>> our

barney and eric then get news of an election announcement.ction in december. ..which they were hoping for, to make the video nice and timely. an election‘s going to happen — how do you feel? this is perfect — perfect for this campaign. perfect for this campaign but quite nerve— racking. the very technical bit of the production using artificial intelligence to build the deepfakes is done by a team in israel called canny ai. i'm 0mer. i'm jonathan. some hours later, the deepfake is ready. it's last minute corrections from the team... so darren's impersonation of corbyn was excellent. the only issue is that the tone is a bit too low, so we're going to need to digitally raise the pitch. a prime minister that works for the many. and then it's ready to release online. the unregulated power of technologies like this risk fuelling misinformation, eroding trust and compromising , eh, democracy...yes, yes. yet no new laws are in place to govern. things have to change. help us root out deepfakes, not my marrows, at futureadvocacy. org/deepfa kes. at the

barneys was always a new york -l.a. brand.you could not support a large business in that kind of footprint and what happened is what has happened with a lot of retail, consolidation and a brand like that could not survive. francine: for a lot of our global audiences, italy has very firm brands which tom was saying the french conglomerates are buying up. you have brands elsewhere in europe. what about the american brands? can they ever get to the critical mass like the europeans? stephen: they may or may not have the large conglomerates, but the tapestry, and the coach conglomerate, michael kors conglomerate, i think clearly you have those coming on strong. i don't know that they will be as big as the european ones. tom: i was thunderstruck when i heard gap took a past three years ago not to have a creative director. you had the second floor, third floor in saks. tell us how critical these creative directors are now as we have seen them regenerate? stephen: there is no question a creative director sets the tone for what the bra

the actual deep fake videos will be produced by this man, barney francis, also known by his artist namell posters. he was behind the mark zuckerberg and kim kardashian deep fakes that went viral earlier this year. their data has made me rich beyond my wildest dreams. they were created in response to recent global scandals concerning data, democracy and privacy. we just want to predict your future behaviours. there is a lot of interest in deep fakes at the moment because they kind of give a tangible material form, potentially, to a lot of the deeper mistrusts people have around the ways in which personal data can be used in unexpected ways, both by powerful technologies but also by powerful corporate or political entities as well. i think because they are a multi sensory experience and we are used to trust what we see and hear, it kind of creates this space really where people can engage quite deeply with often quite abstract, difficult—to—grasp concepts concerning data, privacy, technology and democracy. since glastonbury, i am funjeremy now. now the team need to source a voice actor, w

and now at 25 years old, polar explorer barney swan is here to discuss his new documentary airing inlike exciting adventures that you have been on but they do have a serious message behind them. yes, we go to these posts that make places to understand what the world is telling us from the north pole to the south pole in places like the himalayas and coming back trying to find solutions that will protect and restore what is going on, really learning from these places. we are seeing some clips from the documentary telus about what you saw both poles, the effect of climate change that you have seen first—hand. of climate change that you have seen first-hand. what we experience now in the arc dig is quite scary. the summer in the arc dig is quite scary. the summer ice is no longer a thing. my father skied to the north pole in the 1980s and that it really impossible now but 2040 it will be impossible. the south pole, the antarctic which contains 90% of the world's highs and 70% of the worlds freshwater, this has the potential to reshape our planet unlike any other place and we are seeing

chris dodd and barney frank did the dodd frank act well here we have the fed using the dodd frank act which was supposed to help the citizens of america and give them some sort of transparency from ever being on the hook for another 141-516-1718 extension 1000 trillion dollars for bailing out the banks well he's using the new york fed is using that as an excuse why they don't actually have to show this data set of cloak and dagger as it's cloak and easing it's a cloak and easing mystery no we're not going to tell you anything having to do with this massive bailout this ongoing massive bailout that we're calling a repro function down there in eric fed and elsewhere are not going to mention the fact that there's a like the whistleblowers remaining anonymous the recipient of this huge bailout even. everyone knows who it is j.p. morgan we can't say anything about that in fact some of our guests have said it's deutsche bank because deutsche bank is one of the member banks able to access the fed's repo window so we don't know which bank it is many say yes j.p. morgan j.p. morgan of course i

an invasion but a deal between turkey and russia last week left with only one choice those include barney a member which must retreat east of the operators wherever and those near. east must withdraw all. the latest fighting poses enormous challenges for turkey and russia who are expected to start joint patrols in the safe zone where turkey plans to set up observation posts to ensure fighters won't be able to states called back but the syrian government fears the saves zone would pave the way for a prolonged turkish military presence in northeastern syria. china or all the border with syria. still ahead on al-jazeera another wild fire breaks out in the u.s. state of california destroying homes and forcing more evacuations and how this aid is drive i can still grow this year's race for the championship in the room certainly on the instant. i. hello there we've had quite a few showers across areas of the middle east of the last few days and there are a fair few more to come look at all these clouds although it's clearing mostly across areas of iran is further to the north is where you turke

some of that driven by the barney's liquidation because the barney's, the entire store is on sale. >> so tragic, i'm out here in california and the iconic barney's store that was would momodeled after the new yk store, to see the giant signs that they're going out of business is really, really sad. i never really shopped there but it's like oh, it's gone. that's no good. dagen: not to digress but it's interesting what they're doing because the discounting in the store is actually driven by the liquidation firm and the creditors. so the management in the store is not in charge of how they discount. and it's very sneaky what they're doing. they created an environment in the store that makes it look like the supplies are running out. that's not really the case. a lot of supplies they shipped into the stores over the holiday from the online division, so you won't find it online, you'll find it in the store. that's a separate issue. a lot of these stores, these retailers that have the brick and mortar store and online presence, they struggle like what happened with niemann marcus and me, i

the barney situation i think you're starting to see that pull back >> how much more stores need to be closed before we're not stored anymore in. >> america can afford to have more stores but not five times more than europe i think it's happening i think the mall developers are aggressively pursuing this too i think the good malls will continue to be good malls. they are changing what's in the shopping center. it's got athletic equipment now or got sports. it's got good, entertainment i think all those are good adjustments that people are making now to bring this business to where supply and demand need to be. >> does the whole experience need to change in fiveyears does going into macy's, will that mean something different than from what it means today? i don't go to macy's because it's pain many neck to navigate. >> it's too big. >> they're talk about one store. they are not all a million square feet. >> in general, department stores in general it takes longer to navigate to get what i want. >> i totally get this and understand it's all available your shopping time can be much more c

. >> sam works on "barney miller" and "cheers," before teaming up with matt groening on "the simpsons," which premieres on the fox network in 1989. >> matt groening created these characters and this family, but the universe that the simpsons exist in -- the town, the nuclear power plant, mr. burns, all of these different characters... sam simon was the driving force behind that. >> but in 1993, after four trailblazing seasons, sam decides he wants a life outside of television. before quitting, he negotiates a deal giving him continuous credit as an executive producer and a share of the show's annual profit, to the tune of $30 million a year. sam, now twice divorced with no children, turns his energy to what becomes his calling in life -- saving animals, especially dogs. in 2002, at the cost of several million dollars, he creates this lavish, sprawling dog shelter in malibu. one of the neglected pooches that end up at sam's shelter is a 6-month old cane corso, also known as an italian mastiff, a breed some people refer to as "a pit bull on steroids." the big canine is quickly deemed to

even barney's plan is $20 trillion less than that.hat went out taxes on the middle class. >> and then the thing to is how can an unaccountable government take can and adjust an entire healthcare system, doctors will flee. this we keep hearing. the economy is going like gangbusters in great jobs. more people than ever are working paid wages are going up in the jobless rate and a off century low. now britney sanders thinks the government should produce commerce articles. watch this. >> where not going to be, i don't have to explain to people how important people prescription drugs are. they are life-and-death. see think were going to sit back and allow the pharmaceutical industry to engage in price-fixing. only the american people hostage. of course are not going to do that. were going to make sure that we produce the best quality medicine in the world. at the lowest possible price. >> prior to that, there are questions in a campaign if it, should the government itself produced drugs. again how can an unaccountable government takeover h

barney on the arm of the n.m.s.l. male model being in the middle of your. view and you are suitable for the new year 2 from our out. and you lead the way team away is good then. too. little if some of. those are you best. in a method. that a lot of them suspended referred to on the show where nobody normal showed very close course. for romney sure after tomorrow when is. oh. oh i go to sleep so much room notoriously stories are these the key. words this was very lucky was what she said and then of a quarter billy watching 7 missy had 7. land on him and under bill let me say tom. tom getting it home i got to tell you and then about a 1000000000 missy i think. of an hour on your short. had all i was a man if you didn't have it i will inform us waterlily i'm coming from you know 11 or telephone with a home then a muscle tear in your face if given a good then i was washing mostly squash. thank you very much when you see. alam british open champion it is rally. thank you who. the folks there is very happy but also ok the both good both the old by the south. all

barney on the arm of the m.m.s. it will be in the middle of your. will by the house to your own house rules for the new year 2 from our out. abstractly. and you lead the way to memory is good then. too. little if some of. those are you but. probably any message. for the loss of homes the standard referred to on the show where nobody normal should royal circle its course. for me sure after tomorrow when is. oh. oh i go to sleep so much room as a rule is that stories are these the key. words this was very lucky was what she said and then of a quarter billy watching 7 missy had 7. land on him and under a bin let me say tom. tom getting it home i got to tell you and then about the will miss ya to think. of an hour i mean i should. had all i was a man if you didn't have it i will and for must waterlily i'm coming from the effect with a home with them a muscle tear this is given to give then i was washed. 3 months when you see. alam british open champion it is rally. thank you. thank you very happy but also ok the both good both the old by the south. all

booker asked like barney, the big purple guy in the cartoon. he is surprised at everything.se are not really impressive candidates, and i think this impeachment thing is actually enhanced donald trump's aura. he is out there besieged by enemies, killing terrorists and these people are squabbling over climate refugees. it's over. anything to add to that? >> i think that set it all. i felt like it was like when you see a sequel to a movie that just totally repeats the original movie and it is so frustrating and this is nothing new. >> greg: oceans 55. >> juan: what about when booker said biden must've been high? so you did watch. >> emily: i think it illustrated a little bit, but probably nothing that we didn't know already but who gets flustered and who would shine or could hold their own i would say against president trump? >> dana: i think he is one of the only guys that is talking to the suburbs. understands the sus anxiety, he speaks to what he has idea for how to deal with their anxiety whether you like him or not, but he is talking to that suburban group when i think th

maybe one barney's out there i don't know.udience, barney's down in flames on madison avenue as we speak. what in god's name is one home depot? digitalidea that the and physical need to come together, online cannot exist in one silo, and the physical in another. they have been on a multiyear journey to fix that. some of that is customer facing stuff, being able to purchase online, pick it up in store. sun is behind the scenes like fixing i.t., rejiggering supply chains for both channels. what sounds like this quarter what happened is a stumble in that mission. 3.6%,able sales growth of many retailers would kill for that in this environment. it is lower than analyst expectations and lower than what we have been accustomed to with home depot. they chalked it up to sloan and's -- to slowness. guy: this chart is worth paying attention to. home depot, the blue line. u.s.,me sales in one-family houses sold. one-for-one. sarah, let's talk about the mortgage market. mortgages supercheap. i would've thought demand of the kind of stuff

representative, meaning congressman barney carter. these are people, they fight.y heise, you know. and a warrior like the people have ever seen before. i watched him during the mueller hearing. and a lot of people were very nervous when he started going after everyone. she has been incredible and he's also a special man, congressman doug collins. great job. thank you. see, they like you, doug. they better like you. we also have a first lady at this. right?ide, very popular, youyou have a first lady have a first lady in jordan -- georgia named marty camp -- kemp. life is not so easy for brian, he is working all the time. so i want to thank you very much for being here. lieutenant governor jeff duncan, [applause] former terrific baseball player, by the way, for those of you who do not know. attorney general chris carr [applause] thanks. and the attorney general elective of kentucky is here. we had a great kentucky, but got no credit for it. really works hard and -- work hard and almost one. i think isn. contesting it. i think is contesting it. we brought him up 19 p

you look at the bankruptcies of barneys or forever 21. those kinds of companies that rely on big margins to get them through the holiday season, even five points of margin compression -- >> does it matter by price point? is it easier to pass along >> the lower the price point t easier to push through >> really? >> you're dealing with a consumer that isn't as sophisticated in terms houf t sw the marketplace works. >> you're saying rich people are cheap and poor people are not. >> no. i'm saying that wealthy people that are buying a luxury good will go to alternative luxury goods. people aren't going to leave the rv lifestyle because there's a small tariff people that are a little wealthier may choose to buy a boat or something else >> contessa may not get that fur. >> that will not be my choice. a camper >> leave the tent behind and mover onto the rv. despite today's record highs we're seeing in the marketplace, earlier there was a note of caution about what investors should expect from here. >> we have been at a peak for a while. i don't

connell: we saw barney's, which everybody would think you pay arm and leg out of anything in barney's, we showed video they're giving stuff away as they're going through bankruptcy. >> it is going through liquidation. it demonstrates that the whole retail industry and department stores especially are a story of consolidation over many years. it is hard to be a niche player in the marketplace. they were a by-product of some of that but having said that you have 12,000 store closes in the united states this year. on the other hand you have a lot of store openings and growth driven a lot by digitnally native brands as well as some larger players doing even better. connell: to wrap it up, steve, anything says we're not heading to recessionary behavior. maybe we're not -- >> we have healthy consumer. the consumer is 2/3 of the economy. absent a big disruption. we're coming out of the year with fairly amount of consumer momentum. connell: happy thanksgiving to you. steve sadove. when you're talking about records broken this holiday weekend. we do stories every year about the thanksgiving tr

>>well barney says the teens are expected to be okay.'s now hoping the people responsible for shooting paintballs are caught soon. >>kind of equipment isn't it cheap either so i just wonder and i kind of encourage parents that own that type of equipment like asking the questions but your kids up to. >>coming up republicans launch a new strategy to protect president trump from impeachment now a new poll shows just how divided the nation is on weather. he should be removed from office plus fire crews in southern california have their hands full was yet another wildfire where the maria fire is still burning out of control tonight first more evacuation orders lifted for the kincade fire. in sonoma county look at some of the >>cooler temperatures are helping firefighters have been battling the kincade fire over the past week. >>yet tonight more evacuees are being allowed to return home, so here's the latest. the kincade fire has now destroyed more than 77,000 acres. it is 70% contained right now 352 structures have been destroyed and there ha

degree but i have spent a bit of time studying the law and order and criminal minds and i've seen barneynathan and jennifer hart and max, the butler. i know the president is not going to testify. i know this. and i know that you know it. and i know that you know that he knows it. but my question is does he know that you know that he knows it? i'm not sure he does. i don't know that he knows that. if he doesn't know that you and i know that he knows he isn't going to ever testify, then he must think we are all idiots. i mean, he's played this, gee, i really want to testify game before. maybe he doesn't remember, which is scary, but everyone else remembers. it was just back in the mueller investigation. >> i would love to speak. i would love to. nobody wants to speak more than me. >> would you be willing to speak under oath to give your version of events? >> 100%. >> are you going to talk to mueller? >> i'm looking forward to it actually. >> are you more likely to set an interview? >> my lawyers are working on that. i always wanted to do an interview. >> i would love to speak, i would love

pop into barneys. >> cybermonday because aren't all of these retailers pulling away from cybermonday?e job line deals on friday? >> the deals kind of have been coming in drips over past couple of weeks. ping amazon and other online retailers are going to start to go heavy on monday. bigger teals start coming in throughout next week. >> you'll be here for us. be patient i'll be here. thanks ladies. >> 24/7 siriusxm channel 115. lauren: all right. and when we come back let's had take a look at your money this morning dow up 32 point. nasdaq gaining as well, of course, all three major averages closing in record territory yesterday there's opt mism on trade. >> weather is reeking havoc on thanksgiving plans across the country folks from getting to where you want to go. getting that trky dinner -- there's going trouble headaches across the board we're also talking about that thanksgiving day parade. what you need to know about the parade and weather, that's coming up on fbn:am. what i love most about being a scientist at 3m is that i'm part of a community of problem solvers. we make ideas

representative, meaning congressman barney carter.se, you warrior like the people have ever seen before. i watched him and a lot of people were very nervous when he started going after everyone. he'sas been incredible and congressmanal man, doug collins. great job. thank you. have a first lady at .his jordane a first lady in --georgia named marty camp kemp. life is not so easy for brian, he is working all the time. duncan,nt governor jeff former tour of player by the way. carr,ey general chris thanks. and the attorney general elective of kentucky is here. we had a great kentucky, but got no credit for it. and -- work hard almost one. inbrought him up 19 points the media said that was a bad night for trump. races.five of the six african-american attorney general for kentucky. daniel, he won by a lot. a lot of fun from the net before. for what youord are running for. when i ran for office three years ago, i looked at the democratsord of the and asked the african-american community what do you have to lose? stage and they they are goingn

this whole notion about homeownership really started if you think about it with bill clinton and barneyhe whole idea everyone needs to own a home and a lot has to do exactly what christina is alluding to the terrible global financial crisis and a lot of the millennials being kind of shell shocked when it comes to putting down that kind of money but one thing that has changed is now government is right in the center of residential real estate in this country. david: it always has been. that's what the deduction of interest rates is all about. it's encouragement from 60 years ago to get more people to buy homes. >> although not at this expense back in 1981 government owned about 7% of residential mortgage s and they now own 50% of residential mortgages that distorts the market. david: we got to go gang but this is an exciting topic we'll bring it up again. meanwhile bad news for coldplay fans you might not get to hear their newest album live on a stage near you until they can offer more environmentally beneficial concerts. we've got details of this coming next. i'm a regular in my neighbo

>>well barney says the teens are expected to be okay. she's now hoping the people responsible for shooting paintballs are caught soon. >>kind of equipment isn't it cheap either so i just wonder and i kind of encourage parents that own that type of equipment like asking the questions but your kids up to. >>reporting in antelope charming niro. >>federal officials say a california dam could fail during an extreme storm. and flood the mojave desert communities, the us army corps of engineers announced today. it's changed it has a risk characterization of the baja be river dam from low to high i urge unsee of action the earthen dam was built in the 19 70's near the san bernardino mountains it is never breached but an assessment last year found that during an extreme storm water could flow over the top in a row, the dam. in national news tonight. beto o'rourke is out of the presidential race o'rourke shock supporters today by dropping out of the fight just hours before a marquee dinner in iowa and heroes now has more on the surprise announceme

allen questrom retail resume runs deep known for top jobs at jcpenney around barney new york and servedn wal-mart board as well now a director for the retailer at home allen welcome back to "fast money," great to see sfwlu nice to be here. >> so many people called for the death of the department store. here we are we have a few reports, some misses, some hits. what's your assessment of where we are now in the space. >> i think the department store in particular mall businesses is undergoing enormous change and frankly we need to see a continuous closing of stores i would say another 30%. we have just too many stores i think the good news you heard from nordstrom even though the business was down, they have fewer stores i think they can put the kind of attention into the fewer stores needed in the department store space. the stores have got to be exciting there's got to be a reason for being there. and quite frankly right now i don't know what the reason to go to penny's or macy's is. if you go into the nordstroms stores nef terrific sales associates the new store has a tremendous presen

off of the club sacked his predecessor motets your part to teener who is being strongly linked with barney over in your 1st time in charge will be against london rivals west ham this saturday speaking to a top men's in-house t.v. channel the portuguese couldn't resist a subtle dig at some of his former team specifically the way they develop young talents. there is not one manager in the world that doesn't like to play. young players into helping players to develop there is not one the problem is that sometimes you get into clubs where the work that is below you is not good enough to produce the displays when you say beautiful stadium we want to one you have to say the best stadium in the world i think is the reality training ground is 2nd to none probably can be only compared with. american football training grounds you cannot compare it with european football at any level and i have been in the majority of the best places so we should just play a match after match the next match we want to in. his press conference coming up in about 9 minutes towel to the basket ball now in the dallas mav

thank you very much arthur says he will speak to barney unit next week about that vacant manager's job the 70 year old told me in sports he's planning to hold thoughts of bind executive board chairman calls hearts room a nigga thing is a bit out of balance since leaving arsenal in 2018 after 22 years in charge so what happened to my name came out of nowhere without having anything to do with the extra. print media on wednesday afternoon ruminated called me i could not answer at that moment and by politeness i called him back with us he was in his car going to the game against libby our course. can recall we talked for 4 to 5 minutes maximum and he told me that they had assigned flic to be the coach because of it and that he will manage the next 2 games because they'll play dortmund tomorrow. or to do push and what he asked me if i would be interested because they are looking for a coach. i told him i didn't have any thoughts about saints who would need some time to have a think about it or not. we decided together we will talk next week because i'm in doha until sunday night because th

going out of business and liquidating, having to compete with barney's, something to keep an eye theretalk about even with bumps on the road with trade negotiations, you have nancy pelosi now skeptical that the usmca trade deal will pass this year which is a little bit of a turnaround in the last week, you've got the federal reserve standing at the ready, maybe to cut interest rates again, the balance sheet expanding what about $250 billion in just the last couple of months, the fed says we are not trying to stimulate the economy, we are trying to smooth out short-term lending markets, nevertheless, that's a very powerful bedrock or balance for the markets. >> the liquidity story globally is very, very strong, but to your point, i think the market expects the fed to be at the ready and so sort of the powell put is very powerful right now frankly and i think that the u.s. certainly has a little bit more leeway to -- to stimulate and to lower rates here in the event that we do have a disruption because of a delay in the usmca, disruption because of tariffs or any kind of a global hiccup,

dagen: is the bankruptcy of barney's and liquidation sale that's going on, is that putting pressure on luxury comes in a lot of shapes and forms. is that putting pressure on other retailers to discount even earlier than previous holiday seasons. >> barny's, forever 21, you go down the list of bankruptcies, we've had in this year 9,000 announced store closings against 5,000 for all of last year. so retail has been under pressure and tariffs are part of it, but a lot of it is just adjusting to the new millennial customers. >> do you think the goings on in dc is affecting the retail buyer? >> i did, but now i don't. because there's more money out there and people are spending. people are tuned into the economy when everything goes south at the same time and right now we're in an upbeat mode so we're okay. we're okay. just watch out for next year. maria: well what are the categories you think will see the biggest increases in terms of sales? what are people buying? >> people are buying electronics, they're buying clothes. you know, you may not believe this but the average american buys eig

joining us is lanhee chen and barney frank congressman, let me start with you.e mike bloomberg already jumping in to fifth place even though he only announced in the last week that he's going to be running for president? >> no, because what's more important than 5th place is 3% that's a very low number he has a low number and he has a high profile name. so i'm not surprised that he's at 3%, which is a relevant statistic. what isn't measured by that, that's how many people are for him. i believe if you were to measure negatives, you would have by far the biggest negative there's a great deal in mike bloomberg's record that is a real problem for very many democratic voters. you know, i'm personally well aware of his opposition of financial reform 2006 he was calling for even more deregulation just before the crisis he opposed almost any serious regulation he has a record of raising money for tom delay so, no, with all of his money and his celebrity, 3% isn't a very impressive number. >> you don't think that he's going to be able to survive the democratic primary >

. >>> in business news, a bankruptcy judge has approved the sale of barney's new york to authentic brands close most of the stores and license the name to competitors. there's a slim chance that another buyer could come forward before the deal closes this morning. >>> and a georgia tech student got an interview with a fortune 500 company with sticky notes. >> creative. he used the yellow squares you see there to spell out "hire me" on his apartment window. that computer science major lives across the street from ncr headquarters in atlanta. to his amazement someone replied using the same message and said, email? >> now he'll be working for the tech giant next summer but not because of the stickies. he won an academic competition whose prize was an internship there. >> obviously very smart. >> that's really cool, though. >> yeah. >> should we just put up sticky notes to get what we want? >> here's one that's interesting. at georgia tech they don't use the word sophomore. so this student is called a second-year student. >> i knew that. i know that some schools say sophomore. >> oh, really?

host: this is barney, democrat. good morning. , you lie just as much. as trump just as much two. you tell me about the blacks on the bus. bus,e blacks was on the why don't you see them in the public? you understand what i am saying, men? -- man? you kind of make me want to throw up, man. host: another question about his relationship with the african-americans. guest: i don't know what to tell you. they didn't hide who was on the bus. they went all over the country, but they weren't given any attention for what they were saying or doing, and all i can tell you is the numbers as small as they may be are actually up among african-american supporting the president, so there are some who support him, and have increased their support of him. all i can say is he is very proud of the fact that unemployment is down, record lows for african-americans. he is happy about that. he likes it. he is thrilled about it. he is thrilled by the young men who were allowed out of prison, nonviolent crimes, being held in prison, and he is happy about that. that is all i can say. host: you have written a

up foraving the shingle 22 years, smith barney as well. flagship ands the that includes song shown.g kong. how has your firm adjusted? issue isook, this fairly specific economically. if you are looking for economic impact, it is significantly the isle of hong kong. single day sales throughout the larger china -- tom: confidence. steven: if you look at latin america where there has been a number of protests, a number of unrest, it, popular has occurred in several places across the world and is still seen. the pricing of financial markets around the world has been very idiosyncratic. it has not been a picture where the entire world economy looks like one place you could put up on the screen at one time. francine: overall, everything is a little bit more depressed, right? whereis not one region you think is outperforming and doing better than is expected. everything is brought down because of subdued demand. is that fair? steven: i would take a look, and to put serious political questions aside, let's take a look at financial markets and the performance of larger greater china equity m