carl jr. and his wife, kim, drove over to beverly's office hoping she'd be there. >> there was no one there. i mean, the place is completely black. and about that time dad had let me know that he had made it to the property where mom told him she was going and her car was there but she wasn't. >> carl jr. figured there must be an explanation, as did beverly's friendta and brenda. being real estate agent themselves, she thought maybe she had gone with the potential buyers to show them other houses. >> we went to the two vacant houses that were her listings and went and checked the locked boxes to see if anyone had read them and nobody had opened them. >> beverly's friend couldn't sleep so she checked her phone. >> there's an e-mail from brenda and i can still see the words that said "it is with a very heavy heart that i let you know we can't find beverly, she went to show a house and she is missing." i still can read that and feel the same pay. >> police and beverly's family gathered at the pro

here's what i mean, carl. rex tillerson told -- >> yes. >> -- elise labott that he's never questioned the president's fitness and nikki haley says no one in the house questions the president's stability. and another says, hey, trump is a political genius. are they saying something else privately? >> reporter: none of that is necessarily inconsistent with him being unstable or unfit for office. look, as i said on our air in this show many times months ago, we have to go to all of these people who have been saying to us in private, what do you think? look, it might be that when they poll 200 and something members in the house and senate who are republicans -- and this is very much a project for the republican party because they have enabled trump to go on as he has without questioning out loud his fitness. we have to do it perhaps, quote, on background, but we need to do polling ourselves. fox news has to do it. again, i come back to fox time and again. >> right. >> because this is a chance to show that they can

, carl?haven't heard from carl. >> let's try to get back on the ground here. let me say a couple words. >> i do want to make a point. >> i know you do. >> a couple words here. we have a legitimate investigation that needs to run its course. if there is anything untoward about what ray has done, what james comey has done, there's plenty of time after this investigation runs its course to have every kind of inquiry to find out what those violations were. this is the best shot that we have at justice and democracy working in a terrible, terrible moment in which our intelligence agencies have told us that we were violated by a foreign power in our most democratic process, our election. and they are acting to have an honest investigation, and the trump white house and the trump partisans -- and i'm going to say including what sounds to be yourselves -- are trying to demean, undermine, discredit every attempt to have a decent investigation. incidentally -- let me -- >> let me steal a couple of minu

getey are pushingng ahead to carles puigdemont invested. the spspeaker who o will be a mr vote isin how t that organized has said earlier before thihis vote that he was't in favoror of the left-wing pary backing the idea of a vote by teleconference. if the lawyers of the parliament were against it that may mean there's more pressure on carles puigdemont to step aside and let another left-wing candidate or pro-independence candidate present himself. genie: how likely is that to happen? will he step aside? >> at the momentnt he is saying absolutetely n not. he says he was the legitimate president of t the republic of cacatalonia thatat was declalard that it wawas the spanisish government thahat outed him wrongfully and the institutions of the region of c catalonia should be given n back to th - -- thed that means spanish govevernment has m madet cleaear that if therere is an attempt to get him swornrn inn a distance to have him running a government by whatsapp and twitter they will take that to the constitutional court and more importantly th

carl bernstein, john dean and richard. we venista. >>> new reporting on steve bannon's reaction and wolff's defense of his own reporting. that and more when we continue. ...you could learn you're from ireland... ...donegal, ireland... ...and your ancestor was a fisherman. with blue eyes. just like you. begin your journey at ancestry.com but on the inside, i feel chronic, widespread pain.like most people. fibromyalgia may be invisible to others, but my pain is real. fibromyalgia is thought to be caused by overactive nerves. lyrica is believed to calm these nerves. i'm glad my doctor prescribed lyrica. for some, lyrica delivers effective relief for moderate to even severe fibromyalgia pain. and improves function. lyrica may cause serious allergic reactions, suicidal thoughts or actions. tell your doctor right away if you have these, new or worse depression, unusual changes in mood or behavior, swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling, or blurry vision. common side effects: diz

hour but let's go to the one, the only, carl bernstein, a cnn political analyst, who has been leading these conversations, leading these questions about the president's fitness carl, you and i have talked about this in recent months. has something changed in your view this week? >> yes. we're in a real constitutional crisis in an unprecedented place where we as a country and where we as journalists have never been before in which a huge part of the citizenry of our country and the leadership of the country in congress privately and in public openly questioned the fitness and stability of the president of the united states. so it raises a great question. how do we report on this reality? meanwhile, abroad, leaders are questioning the fitness of the president of the united states and whether or not the country is in good hands. this is a reporting challenge unlike any other. and it really is a story partly

el pais says catalan parliament lawyers have dismissed the notion that separatist leader carles puigdemont sworn into parliament remotely. the catalan parliament is due to reconvene this morning. and finally the japan times touches on a story about a rather tricky exam question that baffled a bunch of poorjapanese highschool students. it's about the moomins, many of you know about them. so, let's begin. with me is cornelia meyer, the ceo of mrl corporation, a business consultancy. you have been reading furiously since i last saw you, china daily, really interesting to know they have on theirfront page really interesting to know they have on their front page the korean calendula. .. on their front page the korean calendula... not crisis, maybe it's moved away from that, we're talking about diplomacy now hopefully given the fact the north and south are in discussions about the winter olympics, but interesting to see what china is saying even though they're not at the talks in vancouver. it's interesting because china are the first ones who want to seek an because the whole debate was a lwa y

carl, do you think this is a distraction?attempt for republicans to run interference for the president? >> yes. it's not just a distraction or a red herring, it's a glowing red herring in the washington swamp. the idea this is about supposedly steele, the author of what's called a dossier, which is actually a series of individual reports, talking to reporters. and whatever he may or may not have said to the fbi about talking to reporters. it is such a sideshow. it is another attempt to discredit the mueller investigation. and why on earth we cannot allow and why the members of the congress of the united states cannot allow this investigation to continue. so that we can find out what has happened here. there is plenty of time when mueller is finished to look at all of these sideshows. that's the time to do it. but let's get on with this investigation. let's find out what this president did, did not do. he may be exonerated by mueller. give him a chance to be exonerated, but let this investigation proceed. it's lawful. it's met

critics of carles puigdemont say that he's putting himself above the law.wouldn't it be better for the party, for him, to come to spain, to catalonia, and face what he has to face? he already faced justice. he went to brussels as a free man, because when he went to belgium, or he travelled to belgium, no charges were made against him. and that's why they remain in belgium, because the spanish justice cannot grant them a fair trial. the catalan region is still being ruled by madrid, using emergency powers they enforced after the separatists‘ illegal declaration of independence. the spanish government says those measures will stay in place if carles puigdemont tries to rule from afar. the question is so serious that we cannot take that as a joke. but unfortunately, it looks like a joke. it looks like a hologram, a political hologram will take a place in politics. and this is affecting the life of people. so i think there is no possibility — out of normal and real politics — to have a virtual president of any institution at all. crowd chants. the catalan parli

. >> carl clark died last year at age 100.rld war ii from saving his ship from kamikaze pilots in the pacific, but as kpix5's devin fehely shows us, racism robbed him of official recognition of his bravery for decades. >> we lost over 40 men that day. >> reporter: may 3rd, 1945, for carl clark it was a moment of instinct and uncommon valor, sacrifice and service and courage at large. >> i stared at the pilot as he guided his plane right into our ship. >> reporter: under attack by kamikaze pilots, the uss aaron ward was battered and burning. but despite a broken collarbone, clark grabbed a firehouse designed for a team of four men and single handedly doused the flames threatening the area where the ship's ammunitions were stored. >> had that ammo gone off, not only would the ship have been obliterated, but he would have taken the direct brunt of it. >> reporter: the ship survived the night and at sunrise carl said his captain knelt before him on the deck and thanked him. but when it came time to tell the tale of what happened a

carl >> people doing research on that, eamon.tly bill clinton the last sitting president to attend in 2000, although bbc says that reagan actually joined the group via video link several times so that's going to be fascinating to watch eamon javers, thanks for that at the white house today. >> you bet. >> peloton is making this big announcement at ces. diana olick has that story for us. >> reporter: carl, for the past four years pelton has been live streaming studio cycling class eds out of this manhattan studio to hundreds of thousands of riders around the world and growing that subscription. now it's taking a big risk going beyond the bike to, roll it out, the treadmill. it's a $4,000 high-tech treadmill. the screen size is four times the size of the cycle. the ceo john foley says this was never about the bike he always intended to go beyond the cycle and get into other apparatus. the treadmill allows you to get on the tread mill, off the treadmill, do boot camp style workouts on the floor, of course, they will be selling pelto

carl, back to you. >> thank you very much, sue. get to simi modi. >> carl, european stocks in the green amid implementation of eu financial rules aimed at boosting transparency. the new standards require firms dealing in stocks, bonds, derivatives to report detailed information on transactions. in terms of major indexes, look at german dynamics ending five-day losing streak meantime retailers among gainers led by uk chain next christmas sales beat forecast helped by colder weather and strong online sales. next also raising its full year profit forecast. you can see marks & spencer and associated british food moving higher in today's trade. a lot of chatter surrounding bitcoin in europe, governoring councilmember saying bitcoin needs to be taxed since it's not a currency this comes as russia said to be considering launching its own currency called crypto ruble in order to get around sanctions. plus 500 trading 20% higher, you can see there, as more people bet on bitcoin courtney, back to you. >> thank you very much the biggest cyber

to carl's point, the republicans who control both houses of congress have not demonstrated an interestssary in my view in protecting the nation by considering the import of what this investigation is all about. >> i want to thank everybody on the panel, fascinating stuff. coming up, the question is where is melania trump. she was supposed to go to davos with the president, now she's down in mar-a-lago, is she charting a new course for first ladies or just trying to stay out of the spotlight? that's next. this time next year, we're gonna be sitting on an egg. i think we're getting close! make a u-turn... u-turn? recalculating... man, we are never gonna breed. just give it a second. you will arrive in 92 days. nah, nuh-uh. nope, nope, nope. you know who i'm gonna follow? my instincts. as long as gps can still get you lost, you can count on geico saving folks money. i'm breeding, man. fifteen minutes could save you fifteen percent or more on car insurance. napoleon is duping us! all around louisiana... you're a nincompoop! (phone ping) gentlemen, i have just received word! the louisiana p

the santelli exchange with rick. >> good morning, carl.tell you what, it really has been a wild ride for foreign exchange not in the terms of traditional volatility volatility in some ways is actually not been that great between some of the major components of the dollar index, specifically the euro currency they've been hovering, but the problem is they've been hovering at extremes. as you look -- we're going to have to go to breaking news. we'll be back. breaking news right now. >> rick, i apologize we take you back to the president. >> -- federal holiday, 2018, by the president of the united states of america, a proclamation congratulations to him and to everybody. >> reporter: mr. president, do you have an apology for the statement yesterday? >> reporter: mr. president, are you a racist mr. president, will you respond to these serious questions about your statement, sir? sir >> mr. president, are you a racist >> we're waiting to see if the president would answer any questions posed to him about the comments that were attributed to him

carl weinberg with us in london and john krinsky. carl, part of this is better global gdp.e global list right now? carl: right now we are getting a little bit of lift out of europe. we are getting a little bit of lift out of asia. emerging asia is doing well. 6.25%.s at up a.s. is being pulled little bit, not necessarily by more than we are seeing right now, but we are getting a boost out of it. davos will be celebrating this return to growth and probably underplaying the fact that there is still a lot of slack out there in pretty much every economy. francine: if the president shows 2018 davos, is the -- is the year protectionism strikes back? a serious basis putting aside the politics and chaos and looking at what he has done, he ouralienated a lot of partners in his first trip to europe, so this is a chance for him to repair those relationships. to come out and say u.s. is first, but europe is not off the chart. when he to rethink our primary relationships and pitted toward toward china pivot more. davos is a good opportunity for him to rebuild bridges. imo optimistic we

carl bernstein was played by dustin hoffman. >> one of the things i had observed with carl is that hemoked so incessantly, and carl was always -- always had ashes on his tie and his shirt. and i said, that's got to be in the movie. >> is there any place you don't smoke? >> 40 years later the two investigative reporters are back in the "washington post" newsroom. i joined them for a reunion with ben bradlee. >> i'm glad to see you. >> their former editor. >> like a working reporter. >> it's the first time in decades we've all been together. >> hello, robert. >> how are you? >> it's tempting to think that watergate could never happen again. but these two reporters and their editor know better. >> come on. i look pretty damn good considering. >> yes. it's only 40 years ago. >> is it? >> i wanted to dig deeper into their story and to see what if any impact it had on our culture today. >> let me get these guys out of the newsroom. >> "vanity fair" photographer annie leibovitz is here to document the three men who took on our president. for bob woodward watergate started much the same way m

>> well, i'm really encouraged, carl, by the pack the technology sector is doing so well.you know, we saw a big selloff in the last couple weeks of december in terms of the year end. you saw a lot of profit taking on some of the names you just mentioned, so it's very encouraging to me to see, you know, the leaders in technology doing very well and kicking things off as you know, tech was one of the leading sectors in 2017 but had profit taking in the last month of the year. >> and for all of the complaints about lack of exposure to the benefits of tax reform, uncertainty over repatriation, are those concerns all allayed, margin pressure, anything like that, dan? >> i don't think so. i mean, i still think that things are very, very positive the big things we always get are the big things built into the markets, so can the market keep going higher, i think there's a lot on the table from the things you just mentioned that can cause a catalyst going forward to continue the strength my biggest worry is the fed is going to dampen this thing out with rate increases and we're goi

carl bernstein was played by dustin hoffman. >> one of the things i had observed with carl is that hemoked so incessantly, and carl was always -- always had ashes on his tie and his shirt. and i said, that's got to be in the movie. >> is there any place you don't smoke? >> 40 years later the two investigative reporters are back in the "washington post" newsroom. i joined them for a reunion with ben bradlee. >> i'm glad to see you. >> their former editor. >> like a working reporter. >> it's the first time in decades we've all been together. >> hello, robert. >> how are you? >> it's tempting to think that watergate could never happen again. but these two reporters and their editor know better. >> come on. i look pretty damn good considering. >> yes. it's only 40 years ago. >> is it? >> i wanted to dig deeper into their story and to see what if any impact it had on our culture today. >> let me get these guys out of the newsroom. >> "vanity fair" photographer annie leibovitz is here to document the three men who took on our president. for bob woodward watergate started much the same way m

carl bernstein. troubling decisions that are looming under the investigation >> the most important decision is what mueller is going to do and we don't know what he is going to do. and you know, it is clear that he has got the president's campaign his closest associates, members of his family in his sights. it doesn't mean he wants to bring them down in his sights. he wants to find out what they have done and they have been resisting letting him know what they have done >> there is a passage in the book the final days. you were talking with ben stein and you said quote, the moral authority of the president is collapsing, how can you think about housing. to me, it is an interesting question. i am wondering is that what it is like in a white house when all of this stuff is going on. the challenge of getting stuff done amidst a crisis or at the very least, a huge investigation. >> absolutely, anderson, the white house staff, you know, a lot of people around the president are honest citizens. and you wor

as you can see, each one traded turns outperforming the other, starting with carl icahn in 2013 then ackman was ahead. it was downhill from there, icahn barely squeaked out a win in 2015 and ackman in 2016, but both guys with double digit losses ackman stomached a $4 billion loss in 2017 icahn was plagued by the slump in energy and commodities with positions in freeport and chesapeake this year icahn is ahead, although we only know about his returns through the third quarter. the crux of their argument, though, was herbalife. take a look at this chart since december 2012 when ackman disclosed a $1 billion short position a month later icahn called that move the mother of all short squeezes then icahn disclosed a long position, ultimately getting five representatives on the board. the price bottomed out below where action shorted it but thereafter in went back up again. in 2016, herbalife settled with regulators to avoid being labeled a pyramid scheme herbalife paid a fine and agreed to change the way it does business last summer the stock jumped again after the company revealed it had

. >> good morning, carl.o straight to a map of the 20 contenders you'll see that most of the locations, they fall in the midwest, south, and east coast of the country away from amazon's current home of seattle and the west coast in general where most of the biggest tech companies are. the only city from this coast, the west coast on that list is los angeles. and the only city outside the u.s. is toronto, canada. it has tons of engineering talent close by. an interesting candidate given the current political environment. now other contenders include cities that already have ties to amazon or jeff bezos like austin and washington, d.c., and where he himself bought a home last year the other cities on the list like boston, chicago, atlanta, philadelphia, they're pretty much the ones you'd expect they all meet amazon's criteria of talented workforce, good public transportation, access to major airport. at least one city though has already expressed disappointment about not making the list, michigan governor rick

carl: she was a domestic. she take care of people who got sick in the hotel as well. >> i want to commend you on your book but let me tell you how the book seduced me. i went to barnes & noble and saw it. a children'swas book and then i thought i will not give it to her unless i read it. i liked the weight. what a relief it is to breeze t sough it and get so much quickly. it is very digestible. david: it has been very heartwarming. i expected it to be liked by general audiences and there were tople telling me to give it high school kids. it might jump out to high school kids who don't read anything else. i have a lot of lincoln scholars who said they thought it was refreshing and a different approach. whatever books0 on abraham lincoln and how do you do something new? this was a way to approach the information and give it to people in a way that is not a threatening or cumbersome and yet they still learn a lot. one thing i found, holes ine so many lincoln scholarship. bruce in 1956 and nothing since then. ther

stuart. and by claire and carl stuart. - i'm evan smith. he's a harvard educated attorney whose status as a gold star father was both celebrated and politicized in the 2016 presidential campaign. his new book is an american family: a memoir of hope and sacrifice. he is khizr khan. this is overheard. (upbeat music) - let's be honest. is this about the ability to learn or is this about the experience of not having been taught properly? (mumbled snippets of interviews) mr. khan, an honor to meet you. - thank you. - and thank you very much for being here, sir. - thank you. i am honored to be here. - i believe this book is extraordinary in many ways but maybe the most extraordinary way is it is the most patriotic book i've ever read. i walk away from reading this book with a sense of hope and optimism about america and a feeling of great patriotism. i don't know if that's what you intended. did you intend that? - this really is a story of all immigrants, all of us are immigrants. - [evan] well, we're all from some place, right?

critics of carles puigdemont said that he is putting himself above the law.nted putting himself above the law. he is wanted to face allegations of sedition and rebellion. would it be better for the party and for him to come to spain, catalonia to face what he has to face? he already faced justice, he went to brussels asa faced justice, he went to brussels as a free man because when he went to belgium he travelled to belgium, no charges were made against him and thatis no charges were made against him and that is why he remained in belgium, because spanish justice cannot grant him afair because spanish justice cannot grant him a fair trial. the catalan region is still being ruled by madrid using emergency powers they enforced after the separatists illegal declaration of independence. the spanish government says those measures will be in place if carles puigdemont tries to rule from afar. the question is so serious that we cannot take that as a joke and u nfortu nately cannot take that as a joke and unfortunately it looks like a joke, like a hologram, political

carl? you know that i get carsick! carl mucinex sinus-max.a triple-action formula that fights pain, congestion, & pressure. start the relief. ditch the misery. let's end this. and when youod sugar is a replace one meal... choices. ...or snack a day with glucerna... ...made with carbsteady... ...to help minimize blood sugar spikes... ...you can really feel it. now with 30% less carbs and sugars. glucerna. you or joints. something for your heart... but do you take something for your brain. with an ingredient originally found in jellyfish, prevagen is the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. >> duncan: the new year brings new laws around the country. today a ribbon cutting at a dispensary in oakland, california, marked the start of legal sales of marijuana in the state. california is the eighth and largest state to legalize pot for recreational uses. jamie yuccas reports on what else has changed. >> reporter: workers trying the scrape by are getting a raise today. the minimum wage

hi again, josh >> carl, from $98 to a $6 stock.than 90% swoon from an all-time intraday high of $98 back in october of 2014 to now just $6 this morning falling below a billion dollars in market cap. that's after a very disappointing report from the camera maker this morning, saying it's expecting revenue for the all-important holiday quarter of only about $340 million. the company, remember, previously guided to about $470 million. it's also going to kill off its drone business and laying off a lot of employees here. going from more than 1,250 to fewer than 1,000 we did speak exclusively with ceo nick woodman this morning. he said despite all the punishment this company has taken, not just today, but over the last few years, he does not regret going public. >> as a consumer product company, we're doing extremely well, as i mentioned, with the strength of our brand and strength of our products as a public company it's our job to translate that consumer success into profitability, and that's what we're focused on in 2018 the markets

, carl.arkets and fascinating moves. we have a lot of charts we'll move quickly march of 2017 for 10s, they are 2.44 right now down two basis points. we can clearly see here that 2.63 high to the left of your chart there, that is the key in my opinion to all of 2018. and below the market, there's so many levels, low 2.40s and 2.33 the average price between the high and low yield for all of 2017 a lot of one underneath, not a lot on top bunds, since mid september, two tops at 48 basis points. couldn't quite get there but it is hugging on top. i'll tell you what's had a big move the shots, hard to imagine me saying a big move when it's trading minus 62 basis points but that july start shows you it is lofty considering where it has been remember the nervousness regarding the hyg, high yield etf trading down at the lower end of its range in november let's start it in november listen, it isn't skyrocketing but it's definitely welcoming the new year with upside and that really speaks volumes about

in the meantime, let's get to sue herera >> good morning, carl. good morning, everybody.'s happening at this hour new york city fire officials say a fire in trump tower's heating and air conditioning system caused smoke to billow from the roof and two people were injured. the fire started at about 7:00 a.m. this morning at the building that contained president trump's home and business offices >>> syrian activists and a war monitoring group say at least 25 people have been killed by a car bomb blast in idlib last night it's the country's largest rebel-held city. no group has claimed responsibility so far. >> the u.s. navy has joined the search for 32 crew members missing from an iranian oil tanker that caught fire after colliding with a bulk freighter off china's east coast over the weekend. none of the missing crew has been found no word on what caused that collision. >>> and it might be bitter cold in large parts of the u.s., but there's a dangerous heat wave in australia. the temperature in sydney hitting a high of 117 degrees on sunday just one degree shy of the recor

carl. reporter: thank you, prime minister. from itv news.e will look at the calais deal and think it looks a lot like you are sending money to france and taking migrants from france. is this the thin end of a wedge? mr president, if i may ask you, after brexit, do you think that uk prime ministers are more or less influentialfigures on ministers are more or less influential figures on the world stage and is the loan of the bayeux ta pestry stage and is the loan of the bayeux tapestry a sign that you think you can win us back? well, shalli start with the first question that you asked, carl. no, what we're doing is, woing with the french authorities and providing support to ensure that we enhance the security of our border. this is in our national interests. i think it's also in the interests of france to ensure that we have a secure a border as possible at calais and other ports. this is about ensuring that we protect our national interests and ensure we have that much more secure border. as you've heard, there is a question, this is an issue

morning, josh. >> morning, carl batte batteryget a is heating back up.n thune has now sent ceo tim cook letters about performance of iphones with older declining batteries saying, "even if apple's actions were indeed only intended to avoid unexpected shutdowns in older phones, the large volume of consumer criticism leveled against the company in light of its admission suggests there should have been better transparency with respect to these practices. senator thune wants to know whether cook's company has tracked consumer complaints about processing performance and if the iphone maker explored whether consumers who had the replacement value before it was reduced should be given a rebate apple acknowledges it did add a new feature to ios last year iphones with older batteries are throttled at specific times to try to make sure they don't get overwhelmed or shut down apple says that was necessary because of a very real technical issue. lithium ion batteries decline over time and have a tougher time handling power demands. some say apple could have communic

i'm carl with david, michelle is with us. is off dow 26,000, story of the morning as we sit a full percent above friday's close our road map begins with the dow soaring past another record, breaking a milestone, 26k for the first time ever. s&p and nasdaq also hit fresh record highs what if anything can derail this rally. >> ge is taking a $6.2 billion charge we'll have details ahead. >>> plus bitcoin hitting a six-week low we'll tell you what has the crypto currencies falling. >>> dow surging past that record, breaking 26,000 for the first time 12 days, seven trading sessions after hitting 25 s&p and the nasdaq also hit record highs this morning. obviously people look at percentage versus points it is easier to move 1,000 points on a percentage basis doesn't make it any less dramatic. >> no. and it really feels like this meltup that we've been talking about. we asked what if anything is going to stop this when you look at commodities, oil for example hitting a multi-year high, copper hitting a multi-year high, maybe in the p

. >> and only going to get more competitive as you well know, carl both reducing their prices on theirey devices during the holiday season to really try to get that penetration into the home because it's so important and it's all about data for so many of the these companies as well, don't forget processing so much of that data that will come to them as a result of the voice activation that's being taken advantage of by people in their homes and then using it to cater to those very same people and understand their needs and wants. jim, we go down a road with so many of these companies and you talk about it often times when it comes to netflix knowing what you might want to watch next but the data becomes so important and the ability to garner more and more of it only enhances their ability to cater to the needs of their customer and make it an even better experience and have them buy even more. >> this is something that nordstrom once explained, amazon has the best customer service. that's ridiculous, it's just a computer no, pause of artificial intelligence, they anticipate a lot of t

"squawk on the street" is coming up right now ♪ ♪ >>> good wednesday morning, i'm carl quintanilla with cramer and david faber. pressure on interest rates put pressure on the futures as names like buffett on our air a few minutes ago weigh in what it means for the stocks reports that the chinese have suggested slowing or halting purchases of u.s. treasuries roadmap begins with the pause, a decline in the open and s&p in '18 best start in 30 years. >> buffett on the market, succession planning at berkshire, stocks not richly valued and remains a buyer but not of bitcoin. >> tech under fire a powerful gop senator demanding answers from apple good battery gate the s&p is off to the best start since '87 and buffett says markets are not richly valued according to rates and what he told becky a few moments ago. >> what has happened in the market has been very sensible. nobody thought we would have these kind of interest rates for a long time. additionally you have the tax act which is a huge factor in valuation. >> says the interest rates are the gravity to value and munger chiming in saying

carl >> all right, thanks for keeping us honest on that. dow's down about 94. to be b a busy day tomorrow we mentioned state of the union, but mcdonald's, pfizer, aetna, hog, ea, tomorrow night, so busiest week of earnings season underway >> we have no dirt of market moving news today. state of the union, you've got the tech earnings later in the week the fed meeting then jobs on friday >> yeah, it is higher this morning. ahead of the those and both chip makers, the controversy over the whether the u.s. government should have been told. >> all of fang except for netflix netflixes? thursday night is the big crazy evening. over to post nine with the judge has taken residence for the morning. >>> welcome to the halftime report live today from post nine at the new york stock exchange. our top trade this hour, the rally, rates and your money. how high yields are poised to climb and what happens to stocks really if they keep moving higher with us for the hour today, joe, jim, steve and a very special guest, mario is here he's the chairman and ceo of the gabelli funds

. >>> and what carl icahn wants at xerox. it's monday, january 21st, 2018. "worldwide exchange" begins right now. ♪ >>> good morning, very warm welcome to "worldwide exchange" on cnbc i'm wilfred frost. >> i'm courtney reagan in for sara eisen it's nice to be here even if it's a government shutdown kind of monday. >> it's a shutdown kind of monday nonetheless we continue. let's have a look at what the markets are doing this morning a decent look in the end we're basically 1% down from the weekend. volatility on the most of the banks, management alluded to during the course of their reporting season but we're looking at a bit of a decline in the premarket down 64 points for the dow nasdaq 4 and the ten-year ended last week at 2.66 having started the week at 2.55. a big move, just below that. 2.654. we've seen a big move in the 12 year basically stayed flat at ten-year highs a steepening of the curve. what did it mean for the dollar. and it's moving higher as well we did see a 30 of a percent decline for the dollar index the dollar index, the fifth negative we

critics of carles puigdemont say that he's putting himself above the law.etter for the party, for him, to come to spain, to catalonia, and face what he has to face? he already faced justice. he went to brussels as a free man, because when he went to belgium, or he travelled to belgium, no charges were made against him. and that's why they remain in belgium, because the spanish justice cannot grant them a fair trial. the catalan region is still being ruled by madrid, using emergency powers they enforced after the separatists‘ illegal declaration of independence. the spanish government says those measures will stay in place if carles puigdemont tries to rule from afar. the question is so serious that we cannot take that as a joke. but unfortunately, it looks like a joke. it looks like a hologram, a political hologram will take a place in politics. and this is affecting the life of people. so i think there is no possibility — out of normal and real politics — to have a virtual president of any institution at all. crowd chants. the catalan parliament has two we

. >> my pleasure thanks, carl, good to be here. >> so much discussion this morning about shackles being taken off business, whether through taxes or regulation, incentives to invest, that's why we are seeing the stock market for the past month where are you, what business and economy are doing and how stocks are reflecting it? >> well, my big thing with state of the unions in general, certainly last night, is hoping for a little more as a business person it is like a quarterly earnings call what did we do what are our plans, what are our forecasts. and we were late on forecast what is the jobs target? what are the plans to get there? where are jobs today just as an example this is not in particular this president, a general point if you will about where we are. so i listened to the speech last night, and a lot of the measures, what are the targets it is the targets. numerics, how do we measure it, not whether we pass a law, don't pass a law or budget, where are we really trying to go, what are we trying to accomplish. >> steve, john ford. i think last time we talked, one of the things y

thank you, carl.s morning i was only 100,000 off on my estimates for what i thought non-farm payrolls would be. and, of course, i was on the high side. jobs were on the low side, but if you looked at wages, hours worked, everything was pretty decent, holding some of the recent level gains it's had in the cycle, but what i find most important, putting everything together in this crazy last year and a half we've had with markets and specifically the big banks start for 2018 is that you really need to think small to make big bucks and i think that it all goes back to a car analogy, the transmission the transmission during the policy days where growth was more faux and holding markets up was the biggest job of central banks was the notion of how they tried to get stimulus, cheap money into the system and it was through the big banks. and the big banks for the most part did the best in making the big bucks. and a lot of the transmission just never made it to everybody else fast forward in many ways the tra

back with me carl bernstein and john dean. gentlemen, thank you so much for joining us here and continuing to join us here on the program. john, there have been multiple times since june that the president has denied he has considered firing mueller. watch this. >> mr. president, you've sought or thought about, considered leading to the dismissal of special counsel. is there anything bob mueller could do to send you in that direction? >> i haven't given it any thought. i've been reading about it from you people saying oh, i'm going dismiss him. no i'm not dismissing anybody. i want them to get on with the task. but i also want the senate and the house to come out with their findings. >> a quick follow-up on an earlier question to sarah. you discussed the special counsel and the investigation currently. are you considering firing robert mueller? >> no, not at all. >> are you considering firing mueller? >> no, i'm not. >> so, john, his staff and his attorneys also denied it at least five other times. yet we know now that's not t

i am carl quintanilla and jim cramer and david faber we'll have more on trade, the dollar and international cooperation and we still have earnings to get to starbucks and intel both moving in different directions. the ceo of starbucks is also coming up with us a the president just finished at the world economic forum in davos. he emphasized the new trade stance in his administration >> the united states will never turn an eye on economic planning these and other behaviors are harming businesses and destroying the global markets and harming businesses and workers around the globe >> went onto call regulations still taxation and talked about how it has been around the world. america's first is not america alone. >> look, i think that he made a great sales pitch for america. i think that's not what anyone ever done in davos it is about you are strong and we are weak and you become strong davos is a place for redistribution for almost every president and everyone speaking for the government this was not, look, if you give us the ability to be able to compete and trade, you do better i don't thi

in chicago, good morning rick >> good morning, carl.f these big ex prekpressio that we hear is globally synchronized it is used to compare stock markets or growths you will see what i mean in a minute all these charts you are go i think to look at starts december 1st. lets put the two year on top of the european two-year of the shots. look at how much ground we have covered. lets go down the curve, lets put bund together. we always seem to look at our equity markets what we see and normally think of is that this is unique to us, it is not. everything since post crisis whether it is policies or markets. they are correlated and sometimes it is good or maybe a day like today it is not good. if we look at this these are big amounts of little push back in opposite direction. sounds familiar? when you think of sovereign rates and all the distortions, it is really is interesting to think finally it is starting to get a post that we have seen in other aspects like the equity markets. lets look at credit spread you can see in the spread form and

." ♪ >> i'm carl quintanilla, shy of the 190 estimates but futures are firmly in the green.oes this led the fed breathe a touch easier the tear continues

carl, back to you. >> thank you very much >>> d.c.'ving a big impact on the agenda today, walmart made the announcement raising wages and bonuses, as some 100 ceos now send a letter urging congress to fix daca legislation. and yesterday the president calling for a new internet tax take a listen. >> make sure the internet, they are going to have to start paying sales tax, because it's very unfair what's happening to our retailers all over the country that are put out of business >> let's bring in walter isaacson, aspen institute ceo and cnbc contributor good to see you. >> good to see you, good to be back with you. >> how loud does this letter from the ceos on daca ring >> i think it's very important, because they quantify what it's doing to the economy, hundreds of billions of dollars if you start moving out the d.r.e.a.m.ers that are so much integrated into this economy i think, of course, the main thing is you have to make policy also based on humane considerations, but these are kids that, you know, came over when they were young ch

oh, not so fast, carl. ♪ oh no. schwab, again? index investing for that low?t's three times less than fidelity... ...and four times less than vanguard. what's next, no minimums? ...no minimums. schwab has lowered the cost of investing again. introducing the lowest cost index funds in the industry with no minimums. i bet they're calling about the schwab news. schwab. a modern approach to wealth management. you know what's not awesome? gig-speed internet. when only certain people can get it. let's fix that. let's give this guy gig- really? and these kids, and these guys, him, ah. oh hello. that lady, these houses! yes, yes and yes. and don't forget about them. uh huh, sure. still yes! xfinity delivers gig speed to more homes than anyone. now you can get it, too. welcome to the party. >>> premarket looks solid. dow futures is up 130 or so. boeing we'll get in a bit. bro broadcom, the story that you can cove cover. >> the continued saga of qualcomm and broadcom. you can spend time >> there is some sequel fatigue. >> this morning the news on broadcom, you can see i

a third is carl adams, who has just moved to the washington, d.c. area from illinois, where he did landmark research on the case of a young slave named nance or nancy, who was freed as the result of a lawsuit filed by abraham lincoln on her behalf, and his book is written for the young reader. so without further ado, let me introduce david kent, who is one of the vice presidents of the lincoln group of d.c., who is a former scientist who has turned to writing, and is well-known for his biographies of scientists. especially, nikola tesla, but also on edison, thomas edison. so let's hear from david kent. [applause] david: thank you, john. and thanks for everybody being here. this is a great crowd. like john said, my name is david j. kent. and my book is called "lincoln: the man who saved america." this is a book very different from pretty much every other lincoln book you have read in the course of your studies about abraham lincoln. and that's on purpose. the reason is, as a scientist and as an historian, it has become very clear in recent years that

carl and jim, back to you. >> all right, rick, thank you. rick santelli.hen we come back we'll talk to apple steve mill an vich saying there are signs of improving demand for the iphone x. take a look what apple is doing today. in the meantime record highs across the board dow is up 63,25139 back after the break >>> former uber ceo travis kalanick selling 29% of stake in his company for $1.4 billion the sale is part of a broader investment deal led by soft bank they're buying shares by early investors and employees. would value it at $48 billion, which is not the number we thought it once was. >> i bet you when spotify comes public, you'll see a valuation north of that. >> you think spotify's valuation is bigger than uber's. >> i think spotify is an amazing company. i think people are underestimating the worldwide nature and underestimating the artificial intelligence. it is incredible we use spotify the whole vacation it's just amazing. how do they know what i want to hear the answer is, artificial intelligence like netflix. that's the deal to watch that'

i'm carl quintanilla at post nine at the new york stock exchange kara swisher is with us to talk about tech at large and specifically apple, kara shares of apple under pressure on a report that company is cutting the first quarter iphone production in half that is according to japan's nikkei news service which says apple told suppliers about the plan citing slower than expected holiday sales. we've been down this road before, kara regarding the nikkei and unnamed sources difference this time is it's going into some pressure on the stock already. but how seriously do you take this >> well, i don't know. i think we'll have to see. i think the question is if these phones are too expensive we talked about this before. this screen on the phone i think is the focus of the article. this screen that is just much more -- a big component of the price. and whether this phone has rolled out globally. i mean anecdotally, a lot of people -- i have the iphone 10 but a the love people i know oment opted for the 8 because it is cheaper, they like the format.