>> jeff: carl gaining ground.ere comes carl edwards. >> rick: trying to take second' way from harvick. harvick had the momentum. door-to-door with keselowski and couldn't make the pass. he's now able to hang on to second. he will try it again. reel him back in. like trying to land a giant fish. he let him back out. now he's going to bring him back in. >> jeff: brad got away with one. he made a move. it ended up not being good. the 4 of harvick was not able to clear him. brad is again running the bottom. >> rick: way down on the track goes brad keselowski through three and four, giving the momentum back to the 4 of kevin harvick. he has been able to get back to the back bumper. now is there going to be patience played out with 43 laps to go. patience, darlington. go together. >> steve: we haven't seen much patience through the whole night. in the final run to the finish. any opportunity the 4 has he's going to try to take it. >> jeff: i believe brad decided to try to take away the line of harvick. he feels if he ca

denny hamlin is trying to push carl edwards, force him into a mistake. >> rick: carl edwards continuing to run his line. no traffic in front of him. no one to disturb him up front. he's got to keep his eye on his mirror, though, as denny hamlin, with just four laps to go, trying to reel him in. >> jeff: don't look at the mirror. pay attention to what's in the front windshield. let your spotter tell you who is gaining ground. focus on what's in front of you. >> rick: edwards that time by was the fastest lap. >> steve: nothing is a given here, rick. the laps are so hard to run. the guys make it look easy. the opportunity for a mistake exists at each corner. three to go. six good corners that carl edwards has to put together. >> rick: three laps remaining. >> steve: what a confidence builder for the 19 car. for the pit crew to step up and have that pit stop late into the race. >> rick: the gap getting wider between one and two. carl edwards putting distance between himself and denny hamlin. this time by, two laps to go in darlington. carl edwards, high on the racetrack. trying to keep the

>> jeff: carl gaining ground.ere comes carl edwards. >> rick: trying to take second' way from harvick. harvick had the momentum. door-to-door with keselowski and couldn't make the pass. he's now able to hang on to second. he will try it again. reel him back in. like trying to land a giant fish. he let him back out. now he's going to bring him back in. >> jeff: brad got away with one. he made a move. it ended up not being good. the 4 of harvick was not able to clear him. brad is again running the bottom. >> rick: way down on the track goes brad keselowski through three and four, giving the momentum back to the 4 of kevin harvick. he has been able to get back to the back bumper. now is there going to be patience played out with 43 laps to go. patience, darlington. go together. >> steve: we haven't seen much patience through the whole night. in the final run to the finish. any opportunity the 4 has he's going to try to take it. >> jeff: i believe brad decided to try to take away the line of harvick. he feels if he ca

>> jeff: carl gaining ground.ere comes carl edwards. >> rick: trying to take second' way from harvick. harvick had the momentum. door-to-door with keselowski and couldn't make the pass. he's now able to hang on to second. he will try it again. reel him back in. like trying to land a giant fish. he let him back out. now he's going to bring him back in. >> jeff: brad got away with one. he made a move. it ended up not being good. the 4 of harvick was not able to clear him. brad is again running the bottom. >> rick: way down on the track goes brad keselowski through three and four, giving the momentum back to the 4 of kevin harvick. he has been able to get back to the back bumper. now is there going to be patience played out with 43 laps to go. patience, darlington. go together. >> steve: we haven't seen much patience through the whole night. in the final run to the finish. any opportunity the 4 has he's going to try to take it. >> jeff: i believe brad decided to try to take away the line of harvick. he feels if he ca

>> jeff: carl gaining ground. here comes carl edwards. way from harvick. harvick had the momentum. door-to-door with keselowski and couldn't make the pass. he's now able to hang on to second. he will try it again. reel him back in. he let him back out. now he's going to bring him back in. >> jeff: brad got away with one. he made a move. it ended up not being good. the 4 of harvick was not able to clear him. brad is again running the bottom. >> rick: way down on the track goes brad keselowski through three and four, giving the momentum back to the 4 of kevin harvick. he has been able to get back to the back bumper. now is there going to be patience played out with 43 laps to go. patience, darlington. go together. >> steve: we haven't seen much patience through the whole night. in the final run to the finish. any opportunity the 4 has he's going to try to take it. >> jeff: i believe brad decided to try to take away the line of harvick. he feels if he can run the line it's going to harm harvick more than help brad. i believe that's the strategy. >> rick: the 98 of tj bell. the flagman

more on carl icahn. >>> we are back with the investor carl icahn.think donald trump can win? >> yeah, i do. i think he has a good chance. obviously there's a lot of candidates there, there's a lot of mountains to climb, but i do think he has a chance because he is sending a message to the middle class, and literally how screwed they're getting, and they are. in many respects -- i mean, how do you justify mediocre ceo making $42 million a year and the guy who is working for him out there really doing the work is getting $50,000 a year. i mean there's no justification for it in a free society when you can just vote. listen, in feudal times or even in czarist russia, you'd kill somebody who wanted to start a revolution and unseat you. here all you have to do is vote. i don't know why anybody wouldn't vote for somebody with that message. >> are you advising him on the economy? >> well, yeah. i mean, he and i talk from time to time -- well, we talk, and, yeah, i do tell him what i think, and i think he respects it. look, he's a very open-minded guy and h

carl was a year old. and so this young bride then had to try to raise two boys as a domestic worker. so she sent for her mother and brought her mother up from georgia. so that her mother could take care of carl and i because on some of the jobs she had to spend the entire week working on the job. she would go on mondays, come home on fridays and spend the weekend with us and then go back. and so during the week, our grandmother took care of us. and she found it difficult. she often told us she made $8 a day plus car fare because at that time car fare was by street cars in cleveland. so she found it very difficult to make a living on that amount of pony. so she also went on welfare. and in addition to it, in order to try to still make her economic situation a little better, she moved the family into the homes, which was a part of the cleveland metropolitan housing authority projects, public housing. we were one of the first families to live in public housing in cleveland and cleveland was one of the first

we have jo ling kent and carl rin cone who thinks carl icahn is wrong. >> thanks for having me.his growth be sustained. the old maxim as goes the iphone so does apple stock we've seen in the past holds true. we should be seeing a much big increase in apple's stock price. based on sales figure which include china, this new record, they're clamoring over, we haven't seen that yet. i think there is, a concern to be had in terms of that growth. neil: do we know what numbers were, jo ling? china might be stock under pressure. last year china wasn't included. now it is big factor and number. without it would we see specific tack lar numbers? trish: probably not. fbr capital markets talking about a few million coming out of china. i can't remember the exact number. what we're looking at apple, if you're a bull on apple because you believe they haven't gotten started yet. that is what tim cook believes himself. he said that at a conference in san francisco today. he believes where they were with the phone is nothing what they want to accomplish in the future. a potential car and plane h

i'll put my money with carl.t to talk about aip or whatever his fund is called, he's probably doing something smaller than we've been doing. >> well the stock is terrible. $140 stock at the end of 2014 and a $66 stock today. a stock that is in dire need of an activist, ironically. >> also another layer of irony in this story. >>> all right. do not miss the man himself joining scott tomorrow at 12:00 p.m. eastern. hopefully we get to the bottom of all of these ironies here. >>> coming up next on "fast money," which is below the flash crash low. it will surprise you. you're watching cnbc, the first in business worldwide. sure, tv has evolved over the years. it's gotten squarer. brighter. bigger. it's gotten thinner. even curvier. but what's next? for all binge watchers. movie geeks. sports freaks. x1 from xfinity will change the way you experience tv. ahh... steve, other than making me move stuff, ces. what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data y

carl was a year old. and so this young bride then had to try to raise two boys as a domestic worker. she sent for her mother and brought her mother up from georgia so her mother could take care of carl and i. she had to spend the entire week working on the job spend the weekend with us and go back. during the week, her grandmother took care of us she found it difficult. often told us she made $8 a day plus car fare, because at the time car fare was by street cars. she found it difficult to make a living on that amount of money, she also went on welfare. in addition to it in order to try to still make her economic situation better. she moved the family into homes part of the cleveland housing authority projects, public housing, we were one of the first families to live in public housing in cleveland. and cleveland was one of the first cities in the nation to have public housing. and so those were the basic circumstances under which carl and i grew up in the housing project with a mother as the main home pr

hey, meg. >> hey, carl.iotech still explaining jitters over hillary clinton's proposed plan to cap what she calls price gouging in the specialty drug market. the reason for that, let's put this into context. look how biotech has performed over the last five years compared with the s&p 500. this outperformance is potentially what's making people just so nervous that something is going to come along to wipe that out. it's performed so well out performed the s&p for five years straight. folks are just looking for anything to potentially -- to ruin that. when clinton came out with their plan overnight, she included several points that are making people a little nervous. the first thing is that she would give medicare the ability to negotiate a drug price. something it can't do now. she would incentivize research over marketing, allow importation of cheaper drugs from other countries, and try to expedite generics to market. this is something that the industry is very interested in, particularly for biotech drugs.

mark: is carl icahn speaking for the common man?nt he is the common man. he grew up on the streets of queens, and honest guy. he thinks the way wall street conducts itself companies to have smart regulation. for wall street is a we are doing the right thing he says give me a break. unsophisticated investors into the leveraged finance market where they cannot get out and wall street is a joke if they think selling as ayield bonds responsible decision. rates?should they raise it's almost a rhetorical question. there are so many reasons. are building bubbles, real estate bubbles, bubbles in the oil market. in henie: he is still rbalife. look at these warning signs. leaving the race, there are --ependent consequences that unintended consequences. he looks good. bubbles?he afraid of stephanie: he is not afraid of anything. he says peyton attention. whether you are talking about government or central bank intervention, it is blocking free markets. pay attention. take the training wheels off, let's go. that carl icahn isn't saying he will

carl: they cannot.r is giving the fed pause and rightfully so, people look at this as an export story, it is not, domestic industry has been flooded i keep imports and u.s. workers not -- complaining about not getting raises, 16% more expensive than one year ago. tom: 2:00 p.m. tomorrow, set up for the confused, while carl riccadonna says they cannot in so many others are adding that they must. carl: there is no inflation so the fed does not have the urgency to go, they could tiptoe away from a crisis policy in the future but you do not do that with heightened uncertainty. vonnie: why does there need to be urgency? carl: there is no urgency. they want to get off of the zero balance, that was a goal for this year. vonnie: the fed has excuses to not go? carl: exactly, there is uncertainty, inflation is low and potentially falling further and that is a big concern for policymakers, they do not want to grade deflation to get off the zero balance. brendan: i am going to indulge in an analysis of what you're

over/under, carl. the candidate, carl, they're on stage, there are so many of them the they are actually only 20 minutes apart so how important is hygiene? >> reporter: well, hygiene and language and expresses. a lot of times you see in the cutaway shots, the two candidates who are going after each other, they will put them on a split screen. any candidate who looks at his watch, any candidate who rolls his or her eyes or as john kerry used to do, huffing and sighing, that is a disaster. they have to appear presidential, calm, they have to appear to have it together tonight and show they are plausible presidents. donald trump has introduced a new kind of political rhetoric, a new tone and tenor to all of this stuff. debates don't always lend themselves to that. you can win an argument and then the next day people wake up and say both of the people in the argument ended up looking bad. >> carl, follow up, do you think that birtherism is going to come up? i predict it will be the first question to donald

westbound is bypassing westbury and carle place. getting to mineola, limited bus service to get you to the mineola station. delays on the l.i.e., northern state parkway with folks choosing to use their car instead of the headaches with long island railroad this morning. effect. >> thank you. >>> new this morning, police are looking for two smooth criminals is that scammed an elderly woman out of thousands. >> also ahead, imagine watching helplessly on your smartphone as your apartment is burglarized. the startling crime caught on camera and the search for suspects. >>> new this morning, police hope to hit the jackpot as they search for two suspects in a queens lottery scam. investigators say the suspects approached and 80-year-old woman on jamaica avenue asking her to help them cash a winning lottery ticket. then they convinced her to withdraw and give them $90,000. >>> now to one of the top stories on the free news app. imagine seeing a pair of burglars on camera and they are in your apartment. take a look at this video. it was sho

carl, give us all the details. what happened today? carl: good afternoon. the fed was getting very close to pulling the trigger on interest rate increases late in the summer. however, when china devalue the currency and the turmoil erupted, the fed lost faith that the timing was appropriate. waitingead, the fed is to see the extent of negative feedback into the economy over those events. so, they need to wait longer before raising rates. they still have an objective to raise rates this year. not to guarantee that they will deliver, but they're watching to see the extent of feedback. the recent signs give them reasons for pause. last week we saw consumer sentiment much weaker than expected. survey thised morning show to pull back in business sentiment. so there are signs of negative feedback. as we look at the bigger picture, i think the feedback loop will be more of a hiccup or sneeze than something more severe. and that means that later on in the year, the fed will be able to proceed. what does this mean for technology? technology has been considered a saf

but ahead of him are the koch brothers. >> double carl. carl's a 20 bagger.: number 22 on the list. now he's in the news today for warning of danger ahead for the u.s. economy. he's called for taxes to be lowered on corporations and raised on hedge funds. he was on "coast to coast" with neil cavuto, and he told neil washington is to blame for all that's ailing business. >> what the problem is that washington has no idea what's really going on in business. we legislate inequality. that's what we do. we have laws protecting mediocre ceos. and what are the ceos doing today? i mean, with exception. they borrow money at 0%, 2%, 1%, and they're not going to build our capital base. what they're doing is buying other companies at higher prices so they can have quarter-to-quarter increases in earnings so their options make them a fortune. this is what's gown on, and the federal -- going on, and the federal reserve doesn't understand this is what they're manifesting, and washington doesn't understand it. >> by the way, that sounds like carl's entire career. [laughter]

who's sounding the alarm bells is carl icahn. in a phone interview with cnbc he says the fed may have backed themselves into a corner. they should have raised interest rates six months ago. it's more difficult because of global concerns. let's talk through this. joining us from chicago early is michael guerk, founder and president of brown hill partners. michael, is he telling us anything we haven't heard before? >> well, you know, just to shed light on that as i watched that full moon and everything line up together last night i couldn't help think of fed policy. everything aligned perfectly and all you got out of it was a shadow. i think that's exactly what the market did not anticipate on this last meeting. as the chairman yellen begins to use more rhetoric and become hawkish, i think the markets have adapted to that already. the icahns of the world mostly do believe that implementation should have been months ago. right now it just doesn't show up in the numbers in regards to what would be the outcome of that. that's always b

i'm carl quentenilla. they've already made news announcing this cap and trade program, but it also comes on a day where we're responding to yellen last night. futures obviously markedly positive. gdp running 39 in the quarter. final revision. a lot to talk about today. >> yes. and i think that the amount of news coming out and the news flow is being reflected. yesterday boeing reported the biggest order in history. no one cared. today i think they will care. yesterday i think we had a lot of bank stocks down because they figured yellen would say same old, same old. yellen did not come out with same old. she said, listen, things are ready. we're going to move. some people say we're enough weasel and i don't think that's what's going, but i caution. oil's up, don't want that. shanghai's down. don't want that. interest rates are up. don't want that. and europe's up because the dollar is screaming. so we keep the pajama traders, i've been watching europe since 3:30. as europe gets stronger we get stronger. why

first to that endorsement coming from carl icahn.e know donald trump has said more than one time he's called up carl and he said, you handle china, you handle japan, can you handle it? ca carl, of course, in this conversation none of us were involved in, says, absolutely i can. maybe not a surprise to get an endorsement. what do you make of it? >> carl icahn is a report rater, activist investor you call it, goes in and tells companies how to fix it and how to make more money. now he's saying donald trump can tell washington what to do, tell congress what to do and get it fixed. here's this billionaire endorsing another billionaire saying, he's a guy who can speak his mind and get things done. they're similar that way. takes one to know one in that way. he was talking about the federal reserve as well and he says there are mediocre -- nice but mediocre ceos all over america who are making all kinds of money because the fed has left interest rates too low for too long. they're financial engineering and the little guy's getting hurt. li

carl. paul. anthony. david christoph peter. brian john. lisa marie.d resistor - - my sister. cady your beautiful smile remains within us. god bless. >> leslie thomas. clyde thompson. nigel thompson. william. eric. edward, jr.. john patrick. mary ellen. william randolph. kenneth. steven edward. michael. jennifer. roberts. john james. david. michele. location of nicole. john. stephen kevin thompson. doris amy elizabeth. daniel patrick trench. blended travis senior. james anthony. maryborough. lisa. michael. francis joseph. william, jr.. michael. lance richard. simon james turner. rob. jennifer. j.. my nephew. we miss you from your family i remember the happy times. your mom will shoot. >> to my son that we love and a mess so much better know you were in the safest place you could be right here in mommy's heart. we love you, we miss you dearly. >> tyler victor. michael. jonathan. alan. diane marie. john danehy and. bradley. william. dash. bonito. santos. , jr.. erica. kenneth. daniel. edward raymond. john charles. frederick. david vargas. scott. santos v

i'm carl quintanilla reporting from new york. reporting live from hungary tomorrow night. for all of us here at nbc news, thanks for watching. good night. >> announcer: nbc sports, home of the 2016 rio olympics, the nhl, premier league, the nascar chase for the sprint cup playoffs, and prime time's number one show -- "sunday night football." only on nbc. >>> at&t stadium in arlington, texas, home of the dallas cowboys. tonight hosting their nfc east rivals the giants in the season premier of "sunday night football." for jason witten and the cowboys, this is the first game since a loss in january. eli manning through 30 touchdowns last season but his giants wound up 6-10 and now

carl: the report had some of that feeling. pymm: you did not like the 199? carl: it looked good.here is a shift and the composition of hiring was a little bit troubling. so 200,000 is a good number. significant d steller's asian in the hiring of small businesses. the contagion of that into medium-size businesses. the bulk of hiring happens at large firms. that means we have a question -- it raises the question that this is not sustainable. i'm not sure we can hold a trend in the next couple of reports. that is what the fed is watching out for. pymm: ok, let me go through what i would describe as statistics that might support it. if you do not know anything else and you just look at these numbers. gdp, not bad, not great. but it is growing. carl: not looking good for the current quarter. the training is below growth. pymm: you have the gdp. unemployment rate. carl: it is close to full employment, but not yet at the level. so, we have further room to run. pymm: the third thing, inflation. carl: inflation is very low. it running at .3% year-by-year. it is likely to backslide further

-- this is one wild 24-lower news cycle, huh, carl? it's just amazing all the things going on. the only thing i can think of is short-term gain is not what we're thinking of. we're looking for a little pain to get the long-term health right. that seems to be the crossroads. didn't have the confidence to raise a quarter of a point or normalize in the face of what may ultimately need to come back down, garner a little insurance. at the very least, take some control in the marketplace. i think that's what made the market nervous. >> when it comes to john boehner, it explains a lot in that regard too. what's the status quo with regard to congress? what's the status quo if you happen to be one of those, what, the crazy conservatives that came in in 2010 that took over the senate majority in 2012? is the status quo good? no. that's why all of that is happening. if you are a minority, a wrung person, you look at your debt, you look at your job opportunities, you look at your unemployment based on history, that isn't a good status quo, huh? wh

hi, rick. >> good morning, carl.e to welcome bradley tank, first time on the santelli exchange. >> thanks for taking the time. my first issue is everybody, of course has been talking about carl icahn, a friend of cnbc, great businessman i've been saying the big and powerful too big to fate banks. where many arch americans haven't have really done quite well given -- would you or would you not great with that? >> absolutely. >> it's true. >> i guess what i'm saying is pretty much want to take it to slaughter. i think all those people i mentioned aren't doing as well. >> would you agree with that? >> take it a step farther. that's been a topic on this floor for a couple years. your portfolios, let's look at them as oatmeal raisin cookies. both junk and investment grade. many of your portfolios must have raisins in there, right? >> absolutely. >> build a diversified portfolio. if we see situation like we've seen over the last -- corporate bonds will not -- that's been the case. >> spread winding means they're not specif

carl will bring you the story only as carl can and only on countdown.away pubut to get from theand yoold way to the new,d. you'll need the right it infrastructure. from a partner who knows how to make your enterprise more agile, borderless and secure. hp helps business move on all the possibilities of today. and stay ready for everything that is still to come. (vo) wit runs on optimism.un on? it's what sparks ideas. moves the world forward. invest with those who see the world as unstoppable. who have the curiosity to look beyond the expected and the conviction to be in it for the long term. oppenheimerfunds believes that's the right way to invest... ...in this big, bold, beautiful world. liz: the market is holding onto edits gains at this hour with just 26 minuting on from a packed arena to a battleship. just one day before the gop debate, donald trump the front runner and his next campaign stop tonight will be the uss iowa, this is the battleship, now posted at the museum in los angeles. mr. trump will focus his speech on national security issues, whic

carl and other investors are all the same.y want great value to be delivered for investors and great value to be delivered for customers. as long as we stay focused on that, that is the thing for us to do. emily: a lot of people talk about paypal as an acquisition target. alibaba would love to buy it. what do you think is going to happen? dan: we were split apart to create two great companies. we were set up to really capitalize on the changing chessboard that is going on in digital payments right now and we have tremendous opportunity. our addressable market now could be as large as $25 trillion and focusing on that and delivering value to those customers will deliver value as an independent company to shareholders. emily: you see paypal staying independent. dan: i do. emily: you are working on an acquisition at xoom. you bought braintree a few years ago. what other kinds of acquisitions might we see? what are you looking at? dan: we look at opportunities organically and through potentially using our balance sheet. we have a

killer. >> i have carl ike can. i have the best business leader derek. >> carl ache kahn is a great yorkor dierks yeasting people like -- >> carl icahn is going to work with me. >> well i hate to break it to the donald because if he is a waiting for carl icahn to join his cab -- cabinet hi might have to hold on. he does like what he is hearing out of donald trump. take a look. >> sounds to me like trump is your candidate. >> he is. i think he's the best by far of any of thieves guys. >> okay. >> definitely is. somebody could come along who is genius in business, maybe, or maybe i disagree with trump on certain issues and will talk to him about it but right now he is definitely my candidate. there's nobody close. >> that's from carl icahn. i should say, children guard you're ears because the is rather frank and to the point but we have things -- that's how he see thursday and emcalls them. one of the world's most kessful stock market players and takeover artists in the history of these markets and capitalism itself.

carl, give us all the details. what happened today? carl: good afternoon.he fed was getting very close to pulling the trigger on interest rate increases late in the summer. however, when china devalued the currency and the turmoil erupted, the fed lost faith that the timing was appropriate. so, instead, the fed is waiting to see the extent of negative feedback into the economy over those events. so, they need to wait longer before raising rates. they still have an objective to raise rates this year. not to guarantee that they will deliver, but they're watching to see the extent of feedback. the recent signs give them reasons for pause. last week, we saw consumer sentiment much weaker than expected. the new york empire survey was softer this week. the philly fed survey this morning showed a pull back in business sentiment. so there are signs of negative feedback. as we look at the bigger picture, i think the feedback will be more of a hiccup or sneeze than something more severe. and that means that later on in the year, the fed will be able to proceed. emily

but carl ikan upping his stake. >> thank you very much. mary thompson. and they are adding two board seats on chenier which would make his hand stronger. >> but you wonder, i think jim chanos has compelling arguments to the negative side. and when you look at the 1% bump, and in the post market, you have less volume. would you see a nice significant move to the upside, 1%. that is relatively small in these circumstances. implied volatility of this stock, there are bulls an bears and they are in a fight right now. the volatility of the options is extreming to the upside. >> we should point out, because jim chanos is short and carl ikan is long, doesn't mean anything. in the long-term there could be enough change to get enough value of the stock to make it profit. >> to carl's credit, and there is nothing wrong with it, but he doesn't often stick around long enough to see any change. he's there to agitate for change and make a move. but as they point out, is carl still having the same impact and is this game working and right now it doesn't look like it is

the bullish professor with carl icon warning of more pain for investors.hat is jeremy seagull think is ahead for the markets? we ask the professor live coming up. we do begin with the markets, and my conversation with billionaire investor carl icahn. warning, with that new video that danger is ahead and taking particular issue with corporate earnings. >> instead of taking the money that they can borrow and really investing in a lot of capital, new machinery, new equipment in their workers, to make them more productive, what they do with the money is almost perverse. they just go in and buy another company to show the analysts on wall street their earnings are going up, so their stock will go up, and it's financial engineering at its height. >> well, one thing icahn is apparently not worried about? his largest holding, apple. he said in a phone interview with me that he is sticking with that stock, revealing that the size of the position there is the same it's been. icahn telling me he thinks the stock is still under valued, but acknowledges that a broader

i don't know. >> this comes in a way where carl icahn launched his own website. carl icahn.com. he'll express his views this way and with twitter. back during seeking alpha he said basically this could be 2007 heading to 2008, irresponsibility, central banks that continue to give you medicine, give the patient medicine and more medicine. at one point do you need to get the reliance off the stimulus. he's saying at this point, you know, you need to cut the cord. the fed should have raised and hiked interest rates six months ago, not just last month. that's the question we're asking our viewers today, right, carolyn? >> do you share carl icahn's pessimism. if you want to join in on the conversation get in touch with us by e-mail and also via twitter as well. yeah, you can also contact carl icahn. let's show you our personal handles which you see on your screen. >>> still to come on "worldwide exchange", a bit of a breather but straight out of left field they say the leader of the u.k. party doesn't look like a future prime minister. what does his party think of snim. >>> getting t

. >> hedge fund heavyweight carl icahn is doing something with his portfolio he hasn't done in years. we'll hear what that is later on. you're watching cnbc, leader in business worldwide. meantime, here what else is coming up on "fast." >> the shake-up of mining giant glencore could trigger a secret sell sign. dennis gartman will explain. plus, there's a new name for terror and its name isn't kujo, it's fang and it's looking very much like biotech did before the breakdown. we'll explain. i'm only in my 60's. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. glencore could trigger a secret you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it helps pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. to me, relationships matter. i've been with my

carl: we had to make an adjustment to the call. having the september call was a dovish outlook and the fed has delivered, but they delivered to such an extent, especially with the volatility in chinese devaluation, they are going to continue to air on the side of caution and wait a bit longer. mark: was the change all about : china and: -- carl the market volatility. they are scratching their head over whether this will affect consumer confidence and business confidence. our first glimpse came last friday with the consumer sentiment data, when we saw a six point pullback. that puts it at a 12 month low for sentiment. philly fedwe get the manufacturing survey and that will provide an early read if we are seeing negative feedback into the business sector. scarlet: are these data points on their own enough to influence the fed? carl: they are not sufficiently crucial to steer the fed but i have this hesitancy and this will only add fuel to the fire. i think they wait until october and signal fewer and slower rates over the next year o

let's talk about carl icahn. he continues to warn that stocks could go down a whole lot more as the market deal with bubbles in the fed's zero interest rate policy and calls danger ahead. icahn says major market declines of the past could be seen once again as a result of the fed keeping rates for too low for too long. >> it's like giving somebody medicine and this medicine is being given and given and given and we don't know what's going to happen. you don't know how bad the end of this is going to be. you do know that when you did it a few years ago it caused a catastrophe. >> where do you draw the line here? >> we talked about the ill m implications of this yesterday. you said maybe it's to promote the book but he also wants to be trump's secretary. >> is this a buying opportunity? we take a closer look at the stock next. >> also, yahoo! yes, we're going to take a look at yahoo! trying to spin off it's alibaba stake but what are the tax implications for the tech giant? >> plus more transparency, more confusion

carl icahn said is he saw bubbles in art and real estate and high yield bonds. basically what he is talking about is the fact that we have had effectively zero bound interest rates for six years this is the greatest monetary policy experiment in the history of the world. david: but at the same time, dan, forgive me for interrupting, you also have tightening of credit restrictions by the fed, by all you may not like a lot of new financial rules but at least prevents people who shouldn't be getting mortgages from getting them, no. >> to some extent. i don't see a housing bubble at all. the question, will we get a soft landing when the fed finally raises interest rates? janet yellen and the fed caused a tremendous amount of uncertainty a week ago when they said they were going to hold off until at least the end of the year. i think that is long-term uncertainty has got people like carl icahn so concerned about what happens when the fed finally gets off the zero bound to all that debt that it has created. david: peter, you have to admit, with zero interest debt or z

eastern, join neil cavuto and carl icahn.triple digit loans, the debt crisis, 2016 candidates prepared to tackle major issues. back in a moment. maria: student loan debt a major concern for american the number of students graduating with $100,000 in debt is increasing at an alarming rate. what role will this issue played in the elections, the founder and ceo, not good to see you, thank you for joining us. we know this is a huge problem because this is increasing and decreasing every ear. the do the candidates understand how important this is and have you heard any real solutions? >> candidates understand the one.one trillion dollars it is a real issue that needs to be dealt with in this election. the real issue causing the problem. if you look at the rate at which college tuition cost increase they increased in the last ten years at a rate of 5.5% and the government is continuing to fund federal loans driving the debt higher and higher because they are in fact losing college tuition costs to go up and we have seen this over a

carl icahn does, too, i'm sure. nike and black rock. >> what happens in the fourth quarter is we get back to fundamentals from the third quarterer when people are -- the macro events and then we focus on what companies are delivering on earnings? and those are normally the best opportunity. so the fourth quarter quantitative is the companies with the best fundamental and stock price momentum that do well. and i think we're setting up for the same type of situation. i wouldn't be bottom picking stocks that are down on the year. a lot of tax loss selling is going to hit those. so i'd avoid those. >> a lot of catching and falling. we have to leave it there. thank you so much for joining us, both of you. you can go to powerlunch.cnbc.com to see how they're playing china specifically. >> curry green mountain investors getting roasted. the stock is down 60% or there about in 2015. the company unveils the next big bet to stop the slide. we're in cincinnati. >> hi, tyler. it's loud. the associates are holding a pep rally. i

. >> carl. matthew. john joseph. carl. david. michael. steven mark. jane folger. apropos robert joseph. geoffrey fox. virginia elizabeth fox. colleen france's. gary frank. martin frank. peter christopher frank. colleen frazier richard frazier. william fredericks. manager fredericks. freeman. farthing. alan philander. >> my brother-in-law edwin treatment you are missed dearly every day by all family and friends. we noted you are happy now you have your parents with you. we feel your presence every day. please note that you and all of the ever -- other victims will never be forgotten. >> your nieces and nephews to make you proud every day with their hard work and diligence. we love you and wish you were here. >> to my godfather and the uncle i miss you so much i miss the way you laugh and make funny jokes we love -- we love you, we miss you your daughter grow to be a wonderful little girl. ♪ >> andrew friedman. paul friedman. lisa. steven elliott. paul james. frederick. richard gabriel. richard gabriel. james andrew. irwin vincent. julia. and her unborn child. antho

carl icahn said we need the outside the box guys.erred the business types, donald trump his favorite candidate or carly fiorina. but people who are not in that traditional mix. pat goodell on that and what he makes of that? >> it's all that stuff about the mainstream washington media going, the summer fling, it will go away. they will put the pitchforks down. no. the republican party is out of control in the base. they are rejecting their leadership overwhelmingly. i was involved in a poll today about better than two to one republicans feel disappointed that they have been let down by their congress. negative ratings for boehner and mcconnell. 60% wanted boehner removed. he may have gotten ahead of the bullet. they are all an outside constituency. i have never seen where a majority of people as they are in the republican party are saying, we don't want people with experience in washington or in the political field. we want newcomers with a different approach. and that is going through not just the republican electoral but much of the

but carl is absolutely right.rles: speech was '96, took four or five years for the party to come to an end. but do you think he's right on that. >> he's right. absolutely. charles: thanks a lot, guys, and, by the way, you don't want to miss neil cavuto tomorrow. he will be speaking with carl himself. and talking about the markets, the economy, and carl's presidential endorsement. hey, here's a sneak peek. >> so it sounds to me that trump is your candidate. >> he is. i think he's the best by far of any of these guys. >> okay. >> he definitely is. i mean, hey, somebody could come along, a genius come along in business or maybe, you know, i disagree with trump on certain issues, and i'm going to talk to him about it. but right now he's definitely my candidate. there's nobody close. >> wow. charles: you know who is boss around here. that promo was more than our segment. anyway you've got to see it. a huge interview tomorrow noontime right here on fox business. again, the stock market was harassment today. you guys got

is this an opportunity for carl weinberg in china?in china as a six -- cyclical slowdown. the piece i'm writing for readers tonight, china's economy or adwind to global growth slowing moderating tailwind. growing at 7%, china is still letting 1.2 percentage points, it will struggle to grow next year altogether. even at slower growth, the economic power is formidable. tom: it is amazing on europe, if you look at smaller economies, there was the gloom months ago. there is a lot of gloom and if you talk to anybody in the stock market these days, they are suicidal because everything is wrong in the world. economists are telling us china is not as bad as we think and europe is coming back. what is your take on the global economy? have a in the we may global recession camp? carl: i am will trade is collapsing at a pace faster than we have seen other than 2008 in 2009 downturn. nothing good has ever come from world gdp. looking for world gdp growth. if you chart out the world exports value, the growth of world exports from the imf database i

carl: i think it's largely overblown. productivity is low means we are adding more workers for each additional unit of economic output. if we have a little bit of a slowdown, the labor market is likely to maintain momentum. that's critical given every thing happening in the economic landscape. productivity is low now because wages are low. when workers become more expensive, businesses will invest in productivity-enhancing capital investments. this is just a natural response to economic conditions. olivia: 2:00 this afternoon, the beige book is out. carl: they have finished collecting survey responses on august 21. that is just as the market volatility picked up. what i would watch for is any clues as to negative feedback into the economy. we are not likely to see much evidence of that in today's report. the fed will be focused on this. i think they're looking beyond friday's job report and looking at upcoming indicators which could show evidence of the feedback. revisions to michigan sentiment showed some sense that hous

we will attempt to answer that question and so many more, carl.ee you in about 15. >> sounds good, scott. let's get over to the cme group. rick santelli and get the santelli exchange. >> hey, rick. >> hi, carl. the speed of light. speed of light is 299,792,458 miles per second. why do do i bring that up? maybe we could learn something from the speed of light. if you have a car going 100 and the other car going the other way at 100, and they crash, the point of impact is 200 miles per hour, but if you have a car going at the speed of light, crashing into another car going at the speed of light, the impact is the same. it's just the speed of light. things get weird at that level. normal economics, in my opinion, don't apply. i think it's about time that there's more flexibility in this organization known as the fed or the organization on a bigger level known as central bankers. maybe they just need to think a little bit more outside the box. my read on yesterday is it's so much more than interest rates. it's reversing so many had things that have be

it may surprise you. >> coming up, carl icahn says danger is just ahead.e'll have more from my conversation on the billionaire investor. plus, is professor jeremy seagull agreeing with mr mr. icahn's warnings, or does he still see dow 20,000? we'll ask him. plus, valiant shares caught in the crosshairs of the big biotech collapse. can this hedge fund darling turn it around? we'll discuss that and a whole lot more in about 15 minutes. >> all right. sounds good. thanks, scott. meanwhile, aaron sorkin's wrup coming steve jobs film is expected to be a different take on his life focussing more on his personality and close relationships. with more films on the tech icon entering the fray, current apple ceo tim cook has called those efforts opportunistic. sorkin says, though, that is not the case with his. >> tim cook has called these kind of films opportunistic. what's your kind of response to that? >> it's not opportunistic. tim cook hasn't seen the film yet or hadn't when he made that comment on colbert. nobody signed up for this movie to get rich. it's just n

fletcher >> carl m. flickinger >> john joseph florio >> joseph walken flounders >> carl ann flyzik >> david fodor >> michael n. fodor >> steven mark fogel >> thomas j. foley >> jane c. folger >> david j. fontana >> chih min foo >> godwin forde >> donald a. foreman >> christopher hugh forsythe >> claudia alicia foster >> noel john foster >> sandra n. foster >> ana fosteris >> robert joseph foti >> jeffrey fox >> virginia elizabeth fox >> pauline francis >> virgin lucy francis >> gary jay frank >> morton h. frank >> peter christopher frank >> so lean l. frazier >> richard k. fraser >> kevin j. frawley >> clyde frazier jr. >> lillian inez frederick >> andrew fredericks >> tamitha freemen >> brett owen freiman >> peter l. freund >> arlene eva fried >> alan wayne friedlander >> and my brother-in-law, edward raymond vannacor. ed, you have missed every day by all of your family and friends. we know you're happy now. you have your parents with you. we feel your presence every day. please know that you and all of

as far as westbound, they will bypass westbury, bypass carle place. take a bus to mineola from there, hop on a train. i have been reading tweets and people are saying the trains are overcrowded. pack your patience. street cleaning rules are in effect. lori, over to you. >> thank you. >>> a manhattan man finds out the hard way that his apartment security system works. now police are hunting for a pair of burglars. it's one of the top stories on the free news app. take a look at the video. it was shot inside danny wheeler's upper east side apartment while he was at work. an app alerted him that something was moving inside. he watched as first one then another man grabbed his stuff. wheeler called the police and he was livid. >> i was really angry. i can't believe this is happening in my apartment right now. >>> a neighbor saw the second suspect, called out to him then that scared both men off. >> new this morning, two homeless men are behind bars facing charges in connection with nine bank robberies in manhattan. police say michael santonella robbed one