i am benedict arnold, the infamous traitor. and i know a thing or two about tding.trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) >>> courtney reagan sat down moments ago. what's the latest? >> reporter: hi there. i was here just at the shop talk conference with brian cornell, the ceo of target. we had a lot to talk about. we had to start with the news this morning of that new small format show in herald square in new york city. i asked him directly. is this about competing with macy's flagship store? he said bits grabbing market share wherever we can. he wants to introduce target to new neighbors and he thinks it will be one of his top performers. he is leaning into stores as many others are cutting locations. one top pick has been notably absence is any discussion about politics or president trump. you know that i couldn't let brian go without asking hill. he said he's had 27 meetings in washington about the border adjustment tax. here's what he had to say. >> if

i am benedict arnold, the infamous traitor. and i know a thing or two about trading.trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) i won't. is happening before our eyes. shift in human history sixty to seventy million people are moving to cities every year. at pgim we help investors see the implications of long term megatrends like the prime time of urban expansion, pinpointing opportunities to capture alpha in real estate, infrastructure and emerging markets. partner with pgim the global investment management businesses of prudential. > >>> hi, everybody. i'm sue herrera. here is your cnbc news update at this hour. scotland yard releasing the photo of the london attacker, khalid masood, who killed four people and wounded 50 others at the uk parliament before being shot dead by police. london's counterterror chief says his birth name was adrian russell and he had been radicalized through the years. >>> and amtrak train derailed at new york city's penn station during

michelle, do you see this as a benedict arnold situation? are we going to have to hang someone pretty soon? >> not hang them. but i think they need to be ex posed and i certainly agree with congressman hunter and david horowitz that we are dealing with the term that's being used is deep state. and there are deep state operatives embed in every corner of the federal government. that was always part of the plan, i think. and the guidebook they play by are agitation, block, and it is not only symbolic, it's literal that he has not left the beltway web's running that apparatus it's not a mistake that valerie jarett is shacked up in that clearing house. and c, chaos. that's the ultimate goal of agitating within the federal government. jesse, it's going to be a full-time job for people within the trump administration to root these people out. jesse: do you believe the obama people and the holdovers are leaving too many fingerprints on this and this could boomerang and blow up in their face? >> i hope so. that's why it's so important for the presid

to those who may be unfamiliar, john andre was the british major who was in cahoots with benedict arnold and was captured and hanged as a spy. john andre was not just a very popular officer on the british side. withs very good friends owdon and balfour. it is said that when a loyalist made a plea for haynes life, balfour wrote down one word on a piece of paper and gave it to him, and that word was andre. >> is isaac hayne and ancestor of the famous senator kaine -- who had a debate with daniel webster? mr. bragg: i believe he was a grandson. -- ma'am? quest [indiscernible] mr. bragg: i don't know the answer to that. data was not much available on how many and of what gender or age slaves he had. i know he did have quite a few. on one occasion, a friend of his or rated him for not being more strict with the slaves. i do know that. >> and the slide depicting hayne iing to his execution, believe there were two american authors. is that the artist's imagination, or were there american authors there? mr. bragg: that's a really good question, and one i can't answer with certainty, except to sa

unfamiliar with what we are talking about, john andre was the british major who was in cahoots with benedict arnold and was captured and hanged as a spy. john andre was not just a very popular officer on the british side. he was very good friends with both rodden and balfour. at one time it is said that when they loyalist made a plea for wrotes life, balfour just down one word on a piece of paper and gave it to him and that word was andre. >> is isaac hayne an ancestor of the famous senator hoeven who had the webster hayne debate with daniel webster? >> yes. i believe he is. i think he was a grandson. i don't know the answer to that. there was not much data how many and of what gender or what age slaves he had. i know he did have quite a few. on one occasion a friend of his paraded him -- berated him for not being more strict with his slaves. i do remember that. >> in the depiction showing hayne on his way to the gallows, officerslike american -- is that sort of an artist imagination or were there american officers there? >> that's a really good question. and one that i can't answer with certainty

i am benedict arnold, the infamous traitor. and i know a thing or two about trading.o i tradeith e*tre, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) i am bedict arnold, the infaus traitor. d i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won' (cannon sound) >>> it was a brutal day on wall street that the market saw the worst day since the election. the dow dropped 237 points. here's what's coming up in the second half of the show. fedex taking a sudden move higher in the last few minutes. we'll tell you what was behind that leg up. coca-cola down 7%. which sister by buy right now, coca-cola or altria? you out there will get to vote on who advances to the next round so stay on twitter. first we start with a curious trend developing in the consumer space. bob has more on that. a consumer spending shift is underway. retailers are weak for several reasons. there's a

i am benedict arnold, the infamous traitor. and i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) >>> here's what's coming up in the second half of the show. home builders have been one of the hot he was of the year. and one trader is betting more than a million bucks. we'll tell him what has him so bullish. ? later, pall versus nvidia. only one can be named the better buy right now. pete najarian will go up against six time champ guy adami in what is sure to be the rematch of the century. >> he will knock him off the throne. >> why did my bathroom come into this conversation? >> you said it. >> i'm minding my business. >> i'm minding my own business. we start off with financials. >> fantastic. down nearly 5% and now nearly flat for 2017 after the epic rally informing the election. hey, dom. >> the markets may be showing some signs of stableation after yesterday's losses but financials still remain an underperformer and they re

i am benedict arnold, the infamous traitor. and i know a thing or two about trading.ademarked trade platform that has all the... get off the computer traitor! i won't. i bet you a buck hek catches this salt shaker.u. you're on. hey chuck! you owe me a buck. you can't always see what's coming... ...but when you choose unitedhealthcare, finding an in-network doctor is easy. unitedhealthcare its raised 1 dare devil, 2 dynamic diy duos, and an entrepreneur named sharon. its witnessed 31 crashes, 4 food fights, and the flood of '09. it's your paradise perfected with behr premium plus low odor paint. the best you can buy starting under $25. unbelievable quality. unbeatable prices. only at the home depot. we can't stay here! why? terrible toilet paper! i'll never get clean! way ahead of you. charmin ultra strong. it cleans better. it's four times stronger... ♪ hey allergy muddlers are you one sneeze away from being voted out of the carpool? try zyrtec® zyrtec® starts working hard at hour one and works twice as hard when you take it a

i am benedict arnold, the infamous traitor. and i know a thing or two about trading. ♪ so tasty. where plans start at onlycricket $30/month. and more 4g lte coverage than t-mobile or sprint. plus, when you switch now you can get a brand new smartphone for free. cricket wireless. something to smile about. the little sounds your crispy bacon makes drive me crazy. you naughty little... (spank) did you just spank your lunch? yeah. (spank) devour. food you want to fork. do you think i'm gonna crack under pressure or conquer the field? defy expectations any day with always infinity. made with flexfoam. absorbs 10x its weight. i heard superheroes read chucks norris comics.d you. i heard at night, the boogeyman checks under the bed for chuck. i heard cats say they have chuck-like reflexes. do you think he's still got it? i bet you a buck he catches this salt shaker. you're on! hey! chuck! you owe me a buck. you can't always see what's coming but when you choose unitedhealthcare, finding an in-network doctor that's

however, this benedict arnold ally is among the leading recipients of u.s. foreign assistance for the last 14 years. mr. speaker, we don't need to pay pakistan to betray us. they will do it for free. the taliban's headquarters is, you guess guessed it, in pakistan. when a u.s. drone attack took the taliban's lead for the 2016 he was in pakistan. this should be the last rodeo for pakistan. this is why i have introduced the pakistan state sponsor of terrorism designation act. the bill requires the administration to issue a pro report containing either a determination that pakistan is a state sponsor of terrorism or a justification as to why it is not. it's time to determine whose side pakistan is on. mr. speaker, they're not on our side. that's just the way it is. the speaker pro tempore: for what purpose does the gentleman from illinois seek recognition in -- recognition? without objection, the gentleman is recognized. >> mr. speaker, the republican health care plan would not only fail to improve upon the affordable care act, it would undo the benefits millio

i am benedict arnold, the infamous traitor. and i know a thing or two about trading. trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) >>> our next guest supports the gop health care bill. joining us from washington, republican congressman bill johnson from ohio. he sits on the energy and commerce committee as well as the budget committee. southeastern ohio. you should have gone a little bit -- just keep going a little further when you were settling in there. you could have made it all the way to god's country and near cincinnati. where are you, march y? >> but my district does go to god's country. it runs from an hour outside of cleveland to just outside cincinnati. it's the entire eastern flank of the state. i am down in god's country. owl after appalachia is god's country. >> excellent. to approach -- so you're a supporter. i could ask you whether you have friends in the freedom caucus, and i could ask you to speak for them and what they're thinking, but i figure i'll take a different approach. there are some peopl

i am benedict arnold, the infamous traitor. and i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) i won't. we're opening more xfinity stores closer to you. visit us today and learn how to get the most out of all your services, like xfinity x1. we'll put the power in your hands, so you can see how x1 is changing the way you experience tv with features like voice remote, making it easier and more fun than ever. there's more in store than you imagine. visit an xfinity store today and see for yourself. xfinity, the future of awesome. >>> shares of ford lower, well below estimates. phil lebeau has more. phil? >> talk about the guidance right now. the estimates at.35 cents a shar shar share.lower fleet volume, and unfavorable exchange rate. with costs, some are things you understand, such as higher costs for commodities, warrenties, things in the business now, but ford is spending a lot of money out in the silicon valley, and its inv

i am benedict arnold, the infamous traitor. and i know a thing or two about trading.i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) >>> the dow being weighed down by nike. down 6% this hour. particularly worldwide future orders came in shy of analyst expectations. that in turn having an impact on the broader retail sector, trading lower by 1% right now. much more "power lunch" after this. >>> hi, everybody. i'm sue herera. nationwide search for 15-year-old elizabeth thomas. they now believe she was abducted by her former teacher, 50-year-old thad cummins. the days before she disappeared, cumins searched online to see if police could track his car and researched teen marriage. >>> abandoned factory in massachusetts. six-alarm fire started at about 4:40 am local time. it's not clear what caused that blaze. >>> south korea has begun the long-awaited recovery of a ferry that sunk in 2014, killing 300 people. they believe they will be able to lift the sferry above surfa

i am benedict arnold, the infamous traor.ade wh e*trade, where true traders trade on a tdemarked trade atform that has all the... i won't. (cannon sound) >>> welcome back to cnbc. i'm kayla tausche in washington where senators have just wrapped up a weekly policy luncheon and following that mitch mcconnell making comments to reporters about the health care bill. take a listen. >> these are the various episodes you go through in trying to make a law and get a signature. it's happening in the house. i'm confident they will be successful and when it comes over here it will happen in the senate. >> he says that this is a process unlike what congress has seen in the last eight years when they weren't sure that they would get a signature on the other side of that governing process. he said that's different this time around and that's why republicans should ban together and figure out some common ground on this. he said he is confident as you heard that the house will pass this bill, although immediately after he followed his remark

i am benedict arnold, the infamous traitor. and i know a thing or two about trading.e true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) >>> with the health care debate raging in congress and the president's tax reform agenda slowing, markets seem to be doubting the promise of a pro growth agenda. joining us this morning, samir seman is wells fargo's global strategist and we have ariel investments' vice chairman. good to have you both with us. charles, there's policy expectations, we're in the midst of this fed track, earnings, you've got geopolitics, you've got comcomey. how much is riding just on capitol hill right now? >> a lot of run in particular sectors was obviously very tied to washington, and usually, people overestimate the impact of washington, but this time i think it's fair to say. the area i've spent a lot of time recently on is bank stocks, because they are such a big part of the value indexes. and clearly, bank stocks were very cheap in june of last year. the regional bank index

i am benedict arnold, the infamous traitor. and i know a thing or two about trading.e with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) >>> investors paying close attention to comments from federal reserve officials following last week's fed rate hike. our steve liesman has more for you from philadelphia this morning with a special guest. good morning, steve. >> sara, thanks very much. i'm here at the philadelphia federal reserve with president patrick harker for his exclusive interview and inaugural cnbc interview. thank you for having us. >> thank you for coming to philadelphia. >> you voted to raise rates. >> yes. >> why? >> i felt coming into this year i thought three raises made sense, we don't want to be behind the curve but don't want to rush either. we have time to increase over the course of this year and i thought having one in march just made sense given the data we've seen. >> we're still below the inflation level. and one of your colleagues, neel kashkari, disse

i am benedict arnold, the infamous traitor. and i know a thing or two about trading.traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) i won't. at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. various: (shouting) heigh! ho! ( ♪ ) it's off to work we go! woman: on the gulf coast, new exxonmobil projects are expected to create over 45,000 jobs. and each job created by the energy industry supports two others in the community. altogether, the industry supports over 9 million jobs nationwide. these are jobs that natural gas is helping make happen, all while reducing america's emissions. energy lives here. >>> let's get a final check on the markets this morning. u.s. equity futures have been in the green all morning. the dow will open by 37 points. s&p futures up by 5.5%. the nasdaq up by 16. you're looking at the yielding at 2.493%. o

i am benedict arnold, the infamous traitor. and i know a thing or two about trading.e true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) it's been over 100 years since i won't. the first stock index was created, as a benchmark for average. yet a lot of people still build portfolios with strategies that just track the benchmarks. but investing isn't about achieving average. it's about achieving goals. and invesco believes doing that today requires the art and expertise of high-conviction investing. translation? why invest in average? >>> now the answer to today's aflac trivia question. which player scored the most points in a march madness game? the answer, austin carr with 61 points. >>> stocks to watch today. mylan is recalling about 81,000 epipens, outside the u.s. in this case. it follows two reports of the allergy shot failing to work in emergencies. the recall affects devices distributed in australia, new zealand, europe, and japan. >>> five below is reporting earnings and revenues and same

i would say arnold was powerful in influencing my husband on the grounds of harvard really turning him on to his original benedict option. especially his book early christians and why we live in communities. as a result, several of us were members of the jc morris society and traveled to connecticut and saw the community in action. we were struck by it. we went back and were not ready to retreat. we went back and tried to build this idea of community right in the inner city in boston but drawing strength from what we had seen there. the model of really having shared work that would bind us together. the model of a rich spiritual life with sharing one another's burd burdens spiritually, emotionally and economically. the model of spending time together. really being that christian village that rod writes about. the model of simple living, of not embracing a consumerist culture. i am really grateful to the role that the root house played in h shaping our spiritual lives as we face the challenges of trying to do something like this among the poor where people had not made it. it is even harder to resist the consumeri