undertake design-build current packages significant and building the necessary civil high speed rail brian kellydisappointing. he replied saying the fra "demonstrates a continued disengagement on this project that appears intended to authority's commitment to meet its federal obligations."((az)) this is the latest in a funding feud between the federal government and high speed rail authority.. earlier this year the state sued the fra for the tried to claw back from the project.that happened after governor a speech that the project's original vision of san francisco to los angeles would cost too much and take too long.newsom later clarified the comments, project's current focus is on a segment from bakersfield to merced, with expected. the fra has said this is not what it agreed to. the court the clawed back money is still ongoing. a high speed rail authority spokesperson said thursday they are still waiting to hear back from the federal government on the latest contract. tag. ( will) new developments in the horse deaths at one california race track. what prosecutors say coming up after the break

brian kelly, dan nathan and tim seymour. tonight on fast, stop us if you heard this before. another one for the record books. stocks surging to you guessed it, all-time highs again what is really behind this amazing run? we get answers plus who ever said that breaking up is hard to do >> kneel sadaka. >> match dumped and shares soar. that got us thinking what other stocks could benefit from breaking up we will name names and later a prediction so wild and bold that honestly we question if we would even talk about it and bring it to you we debated it. but we are bringing it to you and you will hear it coming up true story all that ahead in the next 60 minutes. but nike bouncing back a bit after the steep post earnings drop lets get the numbers, talk about china with seema modi. talking about her hometown heroes, nike, seema. >> that's right, brian sthars of nike turning around after slipping as much as 2% in extended trading a solid beat on the bottom line. but the company said margins were negatively impacted by higher input costs primarily due to incremental tariffs in nort

steve grasso brian kelly and guy adami. tonight on fast, apple and alphabet, a pair of a's rocketing to all-time highs to close the week how to trade the sector that seems to go no where but up. but home builders have a millennial problem and may not be what you think. we'll have a look at the impact on the housing mechanic. look at the mystery chart, a different day than the rest of the market oochlt red there steve breaks down why he is keeping his eye on that one. by start today with the monster rally on wall street driven by a blowout jobs report. the surge in payrolls helping the dow and s&p post biggest gains in more than a month the s&p erasing sharp losses from earlier in the week the focus now turns to the next week fed meeting, the last of get this not just a year, the daektd. >> yes. >> the decade end era. >> what a decade it has been. >> don't get guy going on the decade that was the fed. >> don't get me going. >> turns into an ugly show. >> only a half hour show i'm happy. >> are you happy always happy. >> hear

i'm brian sullivan your traders tonight on the desk are tim seymour, steve grasso, brian kelly and dan prime rib nathan tonight on "fast money," a with wild ride on wall street new records all around but with the big hang-ups seemingly out of the way where does your money go from here plus the weaker retail sales number spooking bulls? but was the number as bad as some think is the american shopper alive and well we find out later. your chart of the week we'll find out what has b.k. so kited about the -- settle down -- about the record run so much ahead. but we begin by taking a page right out much a christmas carol. we need wilfred to do this all year long, the markets have been seemingly haunted by three ghosts but this week we have watched them disappear one by one. first, the clarity that the fed will keep rates where they are throughout perhaps all of next year next last night's uk elections gave us clarity on brexit's path forward. no more questions. it's going to happen and this morning, perhaps the biggest specter of all over the market, trade and relief on tariff and more ag b

i'm brian sullivan in for melissa lee and traders on the desk tonight are brian kelly brock tepper karen finerman and guy adami process. the man moving markets he says there is a quote extraordinary opportunity in the market right now he is telling you where it is. straight ahead plus the great divergence why oil stocks go down while prices go up. could this be the group you must invest in next year? en >> at new year's revolution por pot belly cfo why the klain lost 6% today we will get to it all let us begin with the federal reserve as expected no change in rates in the time meeting of both the year and final meeting of the decade. >> come on. >> that's all in the past, guy what should we expect in the future the new year, a rate cut, a rate hike, steve liesman was there. asking questions at the press conference and he joins us now with more good evening, steve. >> sully, thanks the federal reserve ended a momentous year for monetary policy by lawmakering what it indicated was a new regime where policy is likely to remain on hold for what could be at least several months the move to ne

steve grasso brian kelly and guy adami.onight on fast, apple and alphabet, a pair of a's rocketing to all-time highs to close the week how to trade the sector that seems to go no where but up. but home builders have a millennial problem and may not be what you think. we'll have a look at the impact on the housing mechanic. look at the mystery chart, a different day than the rest of the market oochlt red there steve breaks down why he is keeping his

i'm brian sullivan in for melissa lee and traders on the desk tonight are brian kelly brock tepper karenadami process. the man moving markets he says there is a quote extraordinary opportunity in the market right now he is telling you where it is. straight ahead plus the great divergence why oil stocks go down while prices go up. could this be the group you must invest in next

brian kelly, dan nathan and tim seymour. tonight on fast, stop us if you heard this before.s surging to you guessed it, all-time highs again what is really behind this amazing run? we get answers plus who ever said that breaking up is hard to do >> kneel sadaka. >> match dumped and shares soar. that got us thinking what other stocks could benefit from breakin

i'm brian sullivan your traders tonight on the desk are tim seymour, steve grasso, brian kelly and dan on "fast money," a with wild ride on wall street new records all around but with the big hang-ups seemingly out of the way where does your money go from here plus the weaker retail sales number spooking bulls? but was the number as bad as some think is the american shopper alive and well we find out later. your chart of the week

. >>> welcome back, everyone i'm sue herera, here's your cnbc news update at this hour brian kemp has chosen kelly laughler to fill a vacancy in the u.s. senate. this going against president trump's preferred candidate. >> i am angered by the impeachment circus, i oppose it, it's a distraction and a side show. just imagine what could be done if democrats could stop fighting president trump and start working together >>> a train derailed in colorado, it happened this morning. no injuries were reported luckily. the cause of the wreck is under investigation. >> and former president jimmy carter is feeling better after being hospitalized for a urinary tract infection. he's looking forward to returning home soon to a south georgia medical center where he was taken over the weekend >> sue, thank you. >> let's get a check on markets right now. s&p and nasdaq are also higher all major indexes rebounding from a three-day slide ahead of the december 15th -- >> as for today's market movers. shares of peloton continued to go lower some had misinterpreted the commercial, the company also lowered the price of i

the republican governor brian kemp will offer kelly kelly loeffler.y isakson vacated seat over health reasons. we could have a donnybrook in the republican party over this one. socialism continues to gain steam with younger americans. we'll look at the push to rebrand capitalism, maybe call it something else, later in the show. ♪. at fidelity, online u.s. stocks and etfs are commission-free. and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk while our competition continues to talk. my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week. it starts acting in my body from the first dose. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're aller

here to talk about this, attorney brian rotell is with us, kelly sadler and kevin cha chavitz.r that he just wanted more cameras on him to actually pass through the vote on impeachment. >> well, part of the problem is that there were so many amendments that were offered late into the night that this discussion or this hearing was dragged out longer than it really was supposed to. and that was because of members on the gop side of the aisle as well as members on the democratic side. i think jerry nadler did the right thing after a long debate that took hours. why not break and then just finish in the morning. i know that it would be good in the gop's eyes to probably take the vote, sort of in the middle of the night. but i don't see a problem with recessing after such a long hearing. it happens a lot with debates that go on for hours and hours. i just think that gop is looking for ways to continue to poke holes into the process. cheryl: but the process -- we know where the process is going, it's going to end up with a full house vote likely next wednesday or thursday, kelly. if

what brian kemp is looking at his who can bring that element to the table. kellyoeffler has a great community background. she has been very active with the atlanta philanthropic causes. she owns a large business, she owns a national basketball team. she can shore up where we have become traditionally weak. down the you stare next political year, you mentioned how kelly loeffler could represent an opportunity for the republican party to win back and make inroads in suburbs across the country. and i am hearing from you, you are is inside the republican party can get, is that is a private conversation something republicans are aware needs to get done. rep. kingston: yes. if you look at karen handel, she lost because a lot of traditional suburban women voted the opposite way because they do not like the president. i think karen handel will be a great president, but we lost other people like estate a statetative -- like representative, solid center-right republicans got wiped out in the last republican and we think adding this element back on the ticket and a major way

brian kemp is planning to break with president trump. two sources tell cnn that he will appoint kellyident campaigning for the governor last year. >> he is somebody who will be a great governor of georgia. brian kemp. >> reporter: instead, a source says president trump lobbied the governor to tab congressman doug collins, an ardent supporter of the president as the ranking member of the house judiciary committee. >> the judiciary committee has become a giant instagram filter to make you appear that something's happening that's not. >> reporter: last month kemp brought lefler on a secret trip to the white house to meet the president. according to an official familiar with the meeting, the president was frustrated and urged kemp to appoint collins. >> i appreciate the support i've received from the president and many others. i have a big job to do. we'll have to see where the governor goes with his pick. >> reporter: johnny isakson gave his last speech on the floor on tuesday. although he was initially up for re-election in 2022, georgia election rules would force lefler to run for the

. >> reporter: republican georgia governor brian kemp squaring off with president trump, expected tomorrow to appoint businesswoman kellytate's open u.s. senate seat. sources tell cnn define the president, who behind closed doors pushed kemp could choose another candidate, congressman doug collins. >> and he's also a special man. his name is congressman doug collins. >> reporter: an ardent trump supporter and defender. >> they are so bent on getting at this president. >> reporter: the ranking republican on the house judiciary committee who is about to take center stage this week has repeatedly slammed the impeachment proceedings. >> they're more like plinko. this is the way they're treating impeachment. they just drop the thing in and see which way it bounces. >> reporter: proving himself a reliable ally. >> i appreciate the support i've received from the president and many others. >> reporter: kemp's decision seen now by some conservatives as an act of betrayal, especially after trump's endorsement last year. >> two days before the election, i said, brian, congratulations. you're going to win. you're going to win. and

brian kemp is expected to pick kelly loeffler as the ceo.f a bitcoin company. >> a very close friend she will be -- she's an excellent pick she will be -- look, it's time for the republican party to let more women in. i think there's seven women in the u.s. senate. and the real question in this seat -- this is an important seat think of georgia senatorial seats. historically they've been quite democratic senator nun, miller, so on and so forth >> georgia democrats. >> georgia democrats believe me, sam nun is different than -- >> same as miller. >> they need to win. this is only a one-year appointment and i think she'll be a great candidate >> republicans have some women, tom. we can use them in every party. >> not enough. not enough. >> on boards and -- >> not enough. >> so you specifically said the republicans in kindof a weird way i thought so -- >> yeah. >> you think republicans more than democrats >> yeah. i think there are 17 democratic women in the senate. >> in the senate >> he was just talking about the senate >> i was talking about

governor brian kemp is expected to auns no his choice for replacement of johnny isaacson. the front-runner is kelly who would be the second woman to represent georgia in the u.s. senate. yet kemp's possible choice is rankling republicans including president trump and his allies who have been pushing kemp to name doug collins, a staunch trumpal yir. will kemp defy by naming leftler that could help with women voters in the peach state. one republican said that should he defy trump he could face a primary challenge in 2022. the next senator from georgia will face a crowded feel in 2020 as democrats look to make end roads particularly among white suburban women. and that is it for "inside politics." hope you catch us week days at noon eastern. up next is "state of the union" with dana bash including amy klobuchar. thanks again for sharing your sunday morning. ievers first... like salonpas patch large. it's powerful, fda-approved to relieve moderate pain for up to 12 hours, yet non-addictive and gentle on the body. salonpas. it's good medicine. hisamitsu. - [narrator] forget about vacuuming for up to a

brian kemp that he favors collins for the seat. but kemp had other plans, instead appointing businesswoman and long-time gop donor kelly loeffler. as politico put it today, the new georgia senator is about to step into a gop firestorm. back for the double jeopardy round, eugene robinson and mike murphy. mike, what is the back story here? i have to say guys like hannity have been lobbying for collins, talking to the president right through the television camera on fox news to name collins. he did not. what's the back story? what do we need to know? >> well, i'm buying popcorn for this one because it's really good. so you've got brian kemp, the new governor, who was elected as kind of a trumpian knuckle dragger but once he's in office he's proving to be a pretty astute politician. georgia's changing in the demographics. it's becoming a little bit more reachable for the democrats. kemp had a tight race. so he's picked kelly loeffler from metro atlanta who looks like what the future of the republican party ought to be if it wants to win. but trump has made it clear he prefers doug collins, who's basically our shag carpet. he represe

governor brian kemp is expected to tap financial executive kelly loeffler as johnny isakson's replacementdoug collins was noncommittal about moving aside. senator isaacson, senator johnny isakson will make his farewell speech this afternoon and you can follow our coverage on c-span 2. in michigan, this is eli. welcome. caller: i have a couple points to make. full disclosure, i am not a christian, but prior to the 19 60's and the secular humanist revolution, we did not have the mass shootings we have today. i think morality has declined under secular humanist and progressive governance, but we demean human life, abortion being one of the symptoms of that. i am from detroit and i have seen the democrat policies of gun control are sexist and racist. a lot of women use weapons for protection because they are not as strong as men. the vast majority of detroiters are law-abiding, patriotic, hard word of -- hard-working black americans, yet the democrats in gated communities do not trust bear arms.cans to i find that despicable and racist. we have a moral -- national right to defend ourselves an

trump pushed hard for georgia governor brian kemp to appoint you as the senator but it appears from all reports that the governor is going to go ahead and appoint kellye loffler big be republican. how will you understand if he appoints her not you? >> the governor has the appointment to be made. i appreciate the support from the president and many others. as you see from the interview i have a big job to do next three weeks is impeachment. we'll see where the governor goes after the pick. my full focus and attention is on impeachment. i look forward what is best for georgia. those are the things that play in my mind. first thing in my mind is defending faux impeachment on wednesday. chris: if you say you have to make a decision after that if it happens, would you potentially run against her when she is up for re-election? >> chris, let's see what the governor does first. he heard from a lot of folks that will be a decision we have to make at that point. chris: congressman collins, thank you. always good to talk with you. >> always good to be with you, chris, take care. chris: we'll get reaction from the top democrat on the judiciary committee as they

has pushed hard for georgia governor brian kemp to appoint you as the senator, but it appears, from all reports, that the governor is going to go ahead and appoint kellyffler, a big republican and a financial executive to that seat instead. what do you know about where the stands and if he appoints her and not you, how are you going to feel about that? >> representative collins: the governor still has that to be made, i appreciate the support i've received from the president and many of us but right now you can see in the interview i have a big job in the next three weeks and that's impeachment. let's see where the governor goes with the spec and then we will have a decision to make after that but right now my full focus and attention is on impeachment and also as i look forward to what is best for georgia, those will be the things playing in my mind right now first and foremost is defending against this faux sham impeachment that we are going to get started on wednesday with varied >> chris: just real quick, when you say i'll have to make a decision after that, does that mean you might potentially run against her when she's up for reelection? >> repr

kelly has in my opinion, it precisely right. delta is what happened with the trade war, and that trade war is the surprise, and it's like saying brian, everything was okay, guess what rate cut, rate cut three of them. 75 basis points lower in addition to not the rate hikes we were going to have. about 200 basis points of additional stimulus in the system today >> fair enough they're up 15% steve thank you very much. let's get a stock markets rate it's like the white whale, the blue whale of the stock market >> s&p probably about 5 points very good reason we're not doing anything right now. no real signs of any rate hikes. this move here, mostly industrials and texts that you saw. caterpillar, 3m move up. bank stocks not moving much, flattish on the yield. down just a little bit in the last few minutes will nothing very good. one thing that was interesting, not a lot of changes in the individual interest rate sectors. the fed said the new line here, they will monitor muted inflation pressures. a lot of central banks would like to see it drives a little bit. you'll see that tomorrow from christine la guard i don't think given this com