carl jr.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 friend stacy 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 pain. >> police and beverly's family gathered at the pro

, frankly, i learned from carl. go to people's homes at night. it's futile to try to see them in the office, certainly to see people in the white house you have to go knock on doors, you're going to get some noes and slammed doors, but you will find people who are willing to be truth tellers, and you can build a long-term relationship with. it's difficult, it takes time, but that's where we've i think gotten out of the habit and i find myself not only did i get out of the habit, but i was getting too lazy. there's a time in reporting on this 11:00 at night where i called somebody and said how about now? and he said, now? it's ridiculous. 11:00 at night? go to bed. and i said, well, i'm just a few minutes away. he said, okay, come on. and that opened the door and the reality and it's vividly demonstrated in our book "all the president's men" and in the movie, carl going to the bookkeeper in the nixon re-election committee. and that's wt really began the unraveling for us, understanding of what next to w-- nixon was u

this is also that picture, this is the day before carl stokes is elected. and so king, and to me, i love this part of the story. i don't know if you know this but after he violated the injunction in birmingham, the case went up on appeal so he served so many days in the birmingham jail and was let out five days early on bail. he went to the us green court and in 1967, the supreme court ordered him to go back to jail for five days because he violated the injunction. and we just had a president who pardoned somebody for violating an injunction in arizona. king went back to jail and he went back to the birmingham jail right before this picture was taken and he had three books withhim, and economics book , nat turner's book the confessions of nat turner and one other book, i can't remember what it was but then he comes back because he wants to be in cleveland when this great event happens that carl stokes wins. carl stokes wins, but barely and you will look in vain for king is standing next to him, he was being held in a hotel room by lou stokes who became a we

economist carl riccadonna. are we near the peak or as he said, picking up steam?arl: gdp numbers say the economy is building momentum but something interesting is happening because while the initial payroll game that beat expectations, 50,000 downward revisions. this took a lot of that summer hiring heatwave out of the data. if we look at the 3, 6, 12 month rate of change, all below 200,000 now and all showing some signs of decelerating. while the economy is on a solid footing, the great labor numbers we have seen over the last couple of months are not quite as great in light of the revisions and maybe we should not be surprised because the rules of supply and demand are in effect as workers are becoming more expensive, employers are moderating the pace of hiring. i cannot say that trend is happening for certain, one month does not establish a trend but with average hourly earnings at the top of the range for the cycle, we are finally starting see see some traction between reduced labor slack and more weight pressure. david: it is one month but one thing larry kud

co-author of "zucked," roger mcmc mcnanee joins us today what does today's action suggest to you >> carli think that the politics of faang have become an issue really for the first time. we've historically looked at these talks for their extraordinary rates of growth relative to the market and i think for the most part that growth is still intact but a couple of weeks ago google failed to show up in front of congress for a hearing, which was in my mind politically stupid on their part apple has, i think, done an amazing job at working with the administration to try to protect its customers and its products from the trade war that is beginning with china facebook is somewhere in between. they were making a lot of mistakes, now they're doing better politically, but i think that's a sign we need to be cautious, we just need to be careful because there are factors other than earnings that are driving these stocks and that frankly hasn't been the case until very recently. >> roger, at the same time you mentioned facebook seems to be doing better amazon is getting -- >> politically. >> -- is g

carl. >> thank you very much >>> as we go to break, take a look at the markets. definitely in favor of these headlines that argue according to dow jones the u.s. is interested in restarting some china trade talks. this is coming after the best day for stocks in two weeks. the dow is up 140. i'm april kennedy and i'm an arborist with pg&e in the sierras. since the onset of the drought, more than 129 million trees have died in california. pg&e prunes and removes over a million trees every year to ensure that hazardous trees can't impact power lines. and since the onset of the drought we've doubled our efforts. i grew up in the forests out in this area and honestly it's heartbreaking to see all these trees dying. what guides me is ensuring that the public is going to be safer and that these forests can be sustained and enjoyed by the community in the future. >>> it's been an eventful hour for jpmorgan's jamie dimon who not too long ago said that he could beat the president in an election, he said i'm smarter than he is our wilfred frost is here to talk about that. >

carl riccadonna joins us next. this is bloomberg. ♪ david: this is balance of power on bloomberg television. i am david westin. >> the homeland security department is pushing back against the u.s. senator's claim that the trump administration transferred nearly $10 million from the government's disaster relief agency to immigration enforcement. an oregon democrat says the administration was taking money form the amount response and recovery at a time when hurricane florence is very down on the southeastern u.s. administer said today the and missed ration is prepared to handle the storm. >> we have plenty of resources to respond and recover. that has not impacted our situation whatsoever. >> hurricane florence has shifted slightly to the south and is now threatening to slam a and area of the coastline may come ashore near myrtle beach, south carolina tomorrow night or early friday. we will look at the economic effect -- economic impact of hurricane florence with carl riccadonna in a few moments. as the federal gover

carl, do i have you?>> i think i couldn't hear you, brian. >> you're a little bit far away from me today. i was asking for your reaction to what woodward was say about t the fact that the public needs to wake up. this needs to be a wakeup call. >> i think that's true because this book is an astonishing book with detail piled upon detail, with memoranda in which people in the administration of the united states that people need to be saved from donald trump and his presidency, saved from his ignorance, saved from his lies, saved from his unwillingness to do the hard work of being president. it's an unprecedented situation, its very different than either bob's other books on the presidents and presidencies including our books together about nixon presidency. nixon presidency in its final days was teetering with an unstable president. this president, if you read this book carefully has been teetering from the beginning with an unstable president. >> and there are lots of question about how woodward obtained

. ♪ >>> good monday morning, i am carl quintanilla with david faber and cramer is in philadelphia wheree's going to interview jamie dimon and jp morgan at 11:00 a.m. eastern time futures are red on a big final week tariffs on china are live. kavanaugh and merger monday is back road map begins with our parent comcast out bidding 20th century fox for british comcast sky. >> you are nod kidding >> that's not the only deal. pandora merges with ram gold resources and we got some news on apple and trying to break down the details >> trade talks and new u.s. tariffs on chinese goods do take effect >> jim, big interview coming up with dimon, what are you going to talk about? >> we'll talk about community lending, we'll talk about the idea that jp morgan is trying to revitalize the branch business in neighborhood and challenge economically we'll talk about the lending and the feds and jamie dimon, there is a lot to talk about leadership and what a ceo's role is i am looking for it at 11:00 can't wait >> pots are boiling today and whether it is media, we'll get to comcast and uppandora and tak ab

good morning, rick >> good morning, carl.a general theme, dollar index and generically rated, many ways to value the dollar want to keep an eye on the index. there's a 30 year chart you should see on the screen sometimes you need a lofty view, go way back in time to understand the dynamics. i know many of my e-mails have good questions with the central bank being further ahead than other central banks removing accommodation, raising interest rates with an eye towards the balance sheet, trying to sterilize from new purchases, let runoff occur. eventually central banks get to where they're not adding, they're seeing contraction the whole dissertation should be accompanied by a stronger dollar for the most part it is. but set at over 92, now 94 and a half let's go to my rendition of the chart. 30 year chart back to fall of 1998 there are big clues here take a generic big clue. bottom around 71 for all practical purposes, generally assume around 70 that was april of '08. and we have a high here that was a bit above 120. anybody t

/middle east peace plan. >> yeah, that's right, carl.he president sitting down with benjamin netanyahu of israel. the two talked about iran. netanyahu praising president trump for his tough words on iran yesterday but we also heard from the president on the middle east peace deal he said that the administration hopes to have something ready and what he said would be two, three, or four months. so something coming on middle east peace from this administration the president said he hopes to have it done by the end of his first term a lot of presidents have felt that way in the past we'll see if this president can tackle that very significant problem. he said one thing working to his advantage, though, now, is that that embassy move in israel to jerusalem, he said the united states has done it, taken it off the table. it was a controversial step but the u.s. side feels now that having done that they now clear the table in effect for negotiations between the israelis and the palestinians. we'll see if palestinians agree with that sentiment.

you see carl stokes who is the only non-athlete. and the carl stokes two weeks from this photograph will declare his race for the mayor of cleveland. next is this guy named walter beach area walter was on the team with jim brown that one the championship in 1964. that shut down johnny unitas and his like 27 to nothing. he was the quarterback was the shutdown for end walter is still alive. and walter and i have probably talk 25, 30 times about all of this reedit when he was going through his life as an nfl player, he was from detroit and he met malcom x and went to his balance and bullet speech in detroit, the one that welisten to segments of he also will be , one of the last guys to see before the shooting starts so he's a very important guy. he's a wonderful human being and in fact, most of our conversations and with him saying he's in love jim. and that appropriate i think. that's his big tagline. so stokes is running. you will see king with him but king was there, very much and when he came to cleveland, he met with pastors but h

i am carl quintanilla with morgan brennan and jon fortt the big story of the day, apple shares up 2% after yesterday's product launch investors wonder about the new iphone and watch will we see a slowing of replacement cycle. joining us, david wolf, apple shareholder, and ceo and editor in chief henry blodget we'll talk about the phone in a second the question is whether the watch was the most impressive part. >> seems like they're doing a great job it rating -- iter ating on it. they're doing what they did with the iphone people look at it like it was immediately, totally revolutionary, changed the world. first one, lots of skepticism, and they got better. >> given the fact we have larger screen size for the iphone and didn't get more details about other possible devices like ipads and mac books, do you think this is something that continues to cannibalize ipad sales? >> if you go back to history of the ipad, following iphone, expectations got wildly out of whack in the beginning people said it will be bigger than the iphone, ipad company. we had all indications since then that repl

you know, i think i can hear carl laughing. he went after -- clinton just exploded about a lot of the stuff that was in there. a lot of people thought that his book about george w. was very favorable, very sympathetic. so i think this whole thing we should not be questioning bob woodward's credibility. we should be questioning what's in the book. what's in the book is a portrait of a guy who suddenly once again in a very serious way revives questions about his fitness for office. >> carl, when i first started hearing what was being said are these quotes, essentially look over here, these quotes, the first word came out of my mouth, this is unbelievable. but of course this isn't unbelievable. this is actually makes perfect sense. it's extensions. it's an amplification of the things we've heard the president say before and others in the administration say before. the details are extraordinary, but none of it is out of the realm of possibility, frankly. >> not only not out of the realm of possibility, yes, there has been reporting

it's the expense ratio that bothers me carl used the word frictionless. suddenly they've got post margins that are going down. we sell companies that have gross margins going down. >> even though they have, i mean, it's desec rating growth but it's impressive growth. >> value, david. clorox trades at the same price as facebook. and we don't see clorox down there. >> anything they may see today going to change the investment perspective? >> no. >> no? >> no. >> okay. >> here is an answer, carl "no. >> i think the third "no" is definitely the tell, david. >> no. no i mean no. >> your point about organic ad revenue at facebook. look at the last few quarters. 47, 44, 42, 37 so you couple that with the accelerating costs and we know what jim is talking about. to the number of accounts that are being taken down over at twitter, dorsey is going to go into this. they're identifying 8 to 10 million accounts per week that is three times the level they were doing in september of 2017. they've thwarted half a million suspicious log ins per day they're going to start

carl jr. carl's jr. no, he was one of several occasions as we were writing this book that we were on deadline, we were just about to turn in the story, then we get a phone call. >> friday at 4:00 and the book was due monday at 8:00. stop the presses. got this incredible call and carl had a container of notes from his father that, you know, hey, you want to look through this? >> i was like we don't know. >> we were actually really excited about it. so we actually called bill tody because bill was close by. we were in san diego and carl was over here. so bill, always coming to the rescue, went over there and called, stop the presses, you know, and we worked through that weekend both with the help of carl and bill. we got photographs of crucial documents and were able to fill in a couple more pieces of this puzzle that had been a mystery for 73 years at this point. that was one of several times this happened. it always happened at the end, like right before things were due. that was over three months. so al

thank you, carl. appreciate it. >> don't forget tomorrow is voter -- national voter registration day. >> thank you, sir. it's always a pleasure. it's always a pleasure, carl. >>> a roommate of judge kavanaugh joins us next. i'm ken jacobus, i'm the owner of good start packaging. we distribute environmentally-friendly packaging for restaurants. and we've grown substantially. so i switched to the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy. and last year, i earned $36,000 in cash back. that's right, $36,000. which i used to offer health insurance to my employees. my unlimited 2% cash back is more than just a perk, it's our healthcare. can i say it? what's in your wallet? when you rent from national... it's kind of like playing your own version of best ball. because here, you can choose any car in the aisle, even if it's a better car class than the one you reserved. so no matter what, you're guaranteed to have a perfect drive. [laughter] (vo) go national. go like a

i am carl quintanilla with morgan brennan, jon fortt.nves is out after a number of new allegations of sexual misconduct. and it marks the first fortune 500 ceo to leave as a result of the me too movement. jane wells joinls s us with more details. >> reporter: moonves is out, half the board is replaced now what will moonves get any severance which could be as reported $120 million. 20 million is being given to a group or groups supporting women in the workplace if the company's outside investigations find he violated cbs policies, even if some alleged events happened years before he was at the network, he could walk away with

i'm carl quintinilla with sara eisen and david faber at post nine of the pink that.s, that's the 13th record high of the year for the dow as we watch trade and a big s&p rebalance. >> our road map starts with the market unleash the bulls. the wall street rally rolls on a full market round up straight ahead. >>> more trade red flags walmart and micron warning tariffs will impact their businesses and possibly consumers. >>> and the big battle for sky, the media giant, hits the auction block this weekend we'll give you the details as we head to that auction. >>> both the dow and the s&p 500 hitting new all time highs at the open joining us on set, pimco managering director and j.p. morgan global strategist the market is rallying into the trade war. i've heard it's because the tariffs on china are finally announced. i've heard they were smaller than expected and that the market thinks this is going to be a win-win for u.s. companies. what do you think? >> i don't think it's a win-win but the question we get is what is the end game of the trade war? we've been saying the

i am carl quintanilla with sara

carl: colossal mistake. david: it would be. carl: this is a negative development for the economy. the premise is you would see weakening in the pound, each with have an inflationary impulse on the economy. central bankers should treat it one time currency move no different than they would any other one-time shock on the economy. you proceed accordingly after the fact. hiking in response to such a negative shop as hard brexit would be a huge mistake and probably cause a recession in the u.k. video we have a little from dublin at the moment it i think part of what he is saying -- dublin. i think part of what he is saying is rates would go up, and that could undermine the economy. carl: brexit slams the brakes on the economy, and raising rates does that even more. alix: that sounds like an emerging economy. if you look at the u.k. indices, they have outperformed europe because of currency, but valuations in those markets are very low. british market valuations are at a three-year low at the same time earnings are breaking out on currency alone. it will be interesting to see how the m

thank you, carl. i appreciate it. >> are wages the headline to you?is number were very good. 2.9% year on year and 0.4. i like that. i also like 201,000 nonforeign payrolls because of the skewed seasonal adjustments some people thought that number was going to be 50,000 lower, but it wasn't! and it shows the strength of the economy. on wages, carl, can i just add something, you know, my pal the cea he just put out a great report when you -- after tax, after inflation, after bonuses, after benefits, actually, what we might call real wages are rising 1.4% year on year that's a big number. and let me add one other point here from the employment report today. average hourly earnings times hours worked, okay, it's a proxy for wage income 5% if you take out, let's say 2% inflation. that's plus three and i hate to throw all these numbers at you, but real disposable income, which i'll call paychecks plus 3% the economic boom continues it's the big story of 2018 jobs, growth, wages. doesn't get much better than that. >> larry, jim. how are you? >> good. how ar

he pointed bob woodward and carl bernstein two things and confirmed them -- >> carl made that point earliera short time ago. he made that exact point. >> right. >> on the point, if i can ask you, because anonymity is key to this and part of the debate about this, because even some who support the right to share this message criticize this author for not -- for not revealing their identity here. this was something, as you said, that served mark felt well. he was able to keep open the investigation into watergate without sacrificing his connection, without facing possible dismissal by the fbi or firing by president nixon. simply put, without him and without that anonymity, nixon might never have resigned. in this case, do you see any similar justification? >> i do not. and as i say, mark was not a source. this fellow is a source. and he said something that's very important. if it is true, that there are true 25th amendment concerns, we should want to hear from him. anonymity defeats his purpose. it does not serve it. and he is a source, unlike mark felt. so i would like as a person who's a re

on the east coast i am carl quintanilla. jon fortt is here, morgan brennan is off dow is up 29 apple is a big story this morning, ahead of the product launch tomorrow where three new iphones and other products are expected to be unveiled. stocks up today, but coming off four days of losses, and those tweets from the president pushing for the company to make products in the united states. joining us, cnbc contributor, advisory partner of walter isaacson, and casey newton in silicon valley we turn our attention back to business news. walter, i don't know what you find most interesting, the incremental steps on product or the degree to which their supply chains may change or not the president did hint they had plans to create new plants in this country >> right first start with the incremental changes in product i think it would be good to have a less expensive iphone and new grander more expensive iphone. i remember when steve jobs was running the company or when he came back to the company in the late 1990s, what they had don

i never heard of carl lewis either. but in the spring of 2013. i happen to read something about horizontal gene transfer. sometimes where they move sideways across the big gaps. from one kind of creature to be completely unrelated my reaction was weight? >> that's not possible but i knew enough to think of five reasons why. and that those genomes are wrapped inside the nuclei in one of those functions is that the dna is protected to maintain its integrity. and then to divide to become reproductive cells. with that is one of the cardinal principles the alternate idea with the inheritance and with that evolutionary biology proving it is impossible. and jean baptiste with the darwinians looking at that spike over 200 years of the inheritance of the acquired characteristics. so now that discovery of the horizontal gene transfer to the idea that could even be possible and it seems like a version of the inheritance for characteristics. i can talk more about that in the question and answer .-period how horizontal gene transfer can happen but we know men

thank you, carl. appreciate it. >> don't forget tomorrow is voter -- national voter registration day. >> thank you, sir. it's always a pleasure. >>> a roommate of judge kavanaugh joins us next. buy it once and buy it well. the men who know things know this. worthwhile and well made are the qualities that attract them. because they know that a sea of mediocre will never yield an ounce of great. we understand these men - we make their shoes. allen edmonds. real shoes. save 15 percent off your first pair at any allen edmonds store or go online at allenedmonds.com. i'm ken jacobus, i'm the owner of good start packaging. we distribute environmentally-friendly packaging for restaurants. and we've grown substantially. so i switched to the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy. and last year, i earned $36,000 in cash back. that's right, $36,000. which i used to offer health insurance to my employees. my unlimited 2% cash back is more than just a perk, it's our hea

but, you know, i think carl is right.vel of delusion around the president that is evident in some of the comments he makes publicly. it's evidence in his tweets, and it's supported by what you see in that book. it's disturbing from the standpoint of his defense, but it's more disturbing for the stand point of the fact that the guy is president of the united states. we are having this conversation. >> but anderson, here's the odd thing. all of his lawyers do not want him to testify. the reason that john dowd quit was because after this mock interview, he said to the president you can't -- i can't as your lawyer let you sit before the special counsel. the president himself still believes that if he went mano a mano with bob mueller that he would be able to come out of it just fine. that's the way he views the world. it's me against him. >> just one final point. what the lawyers learned and told mueller is the president of the united states is not fit to come up here and testify to you personally. he will get muddle and we s

it was done in a very meticulous, careful way that carl and i really, quite frankly, i learned from carl. go knock on people's doors. ben bradley, the editor at "the post" during the nixon case said, let's get two sources, if we can, on something. and this is my report on what goes on in the trump white house. and you asked the question, well, why would you call it a nervous breakdown? because it is a nervous breakdown. in the human body, if it has a nervous breakdown, it means that part of the body is doing something uncoordinated with the core mission of the body, to survive or however you might define it. but this, when i learned eabout this, i was shocked, i was surprised. >> we're going to have more of my interview with bob woodward ahead, including how he got so many people to talk. and how much of all of this is actually on tape. do you have a sense of what percentage of interviews you actually recorded? i'll give you his answer, next. >>> plus, the latest on hurricane florence, on a collision course with the carolinas. have a live update from myrtle beach. ♪ you shouldn't be rush

i don't know oil is going higher, carl. is going higher because the saudis don't have as much spare capacity as they say they do. >> you asked united ceo oscar munoz about this last night. take a quick listen to that. >> marching towards being able to recapture a lot of the fuel costs we've increased. as you mentioning the burr johning economy. the products they want and efficiency. >> it will be interesting to see, jim, how the legacy carriers manage it, if in fact the cycle goes that way. >> yeah. look, the president of the owe o united continental, scott kirby, had given a talk a couple weeks ago where he talked about how oil going up is the same as a downturn in the economy. i mean, literally for an airline, oil going up is the gdp going down we saw some gdp numbers, final revisions plus four. he seemed sanguine and the numbers in terms of the gross margins, that that stock keeps going up and pulling back shares more shares than any company on the new york stock exchange. >> really? >> yeah. i was shocked to see, it dav

i am carl quintanilla with morgan brennan, jon fortt is live at the microsoft ignite conference, sittingn and jim cramer's exclusive with jamie dimon. the 11:00 a.m. is jam packed as we continue to report whether or not rod rosenstein will need a job after today. the dow is down 143. worst day since august 30th. let's get to jon fortt to talk about the cloud, to the degree we are able to on this busy news day, jon. >> we certainly can, carl. i want to get straight to the three ceos the ceo of microsoft, you brought this group together from adobe, bill mcdermott from sap i have never seen anything quite like this frankly. i have been doing this on air and in print for awhile. more than a trillion dollars of market cap represented by you three gentlemen sitting here, and we are announcing open data initiative in the cloud. why is this so important >> you know, the insight that all three of us had based on the work we are doing with many customers, we talked about coca-cola, walmart today as customers that are excited about this open data initiative, it is their real insight that led us to

carl, back the to you. >> all right rick, thank you.hose jobs numbers. not to mention tesla, which we talked about this hour the thing we missed the rmt today has been any developments on trade we talked to larry about it in the 9:00 a.m. hour, but whether or not canadian negotiators can get b somewhere with u.s. negotiators today remains a committee then steve a moment ago agree to which maybe the u.s. confronts china with some partners down the road we don't know. >> it sounds like china can hold their eyes open for a long time. so this staring match, not ending anytime soon. dow's down 32. over to scott. >> dpood afternoon good afternoon if the economy continues to boom, why have stocked this ws continued to swoon it's 12:00 noon and this is the jobs report. >> wage growth kicks in. will this be the ticket to lift stocks higher? a big call on a key airline. jim and sarat unleash their ultimate portfolio >> tobacco and marijuana in there? it's all it is >> and next chapter for tesla up in smoke the halftime report starts now >> here t

i am carl quintanilla. morgan brennan back at post 9 and jon fortt.5, despite escalating u.s., china trade tensions chinese officials retaliating after the president announces tariffs on billions of imported goods. quite a day. >> i am calling it the tug of war on tariffs here is where we stand china announced it is moving forward with tariffs on $60 billion of u.s. goods, the rate will range from 5 to 10% and it could go higher chinese tariffs go into effect september 24th that's the same day that the u.s. will begin imposing duties on $200 billion of chinese goods. initial rate for u.s. tariffs is 10%. it will jump to 25% on january 1. president trump tweeted this morning china has been taking advantage of the u.s. for years, and promised great and fast economic retaliation if china targets american farmers, ranchers, manufacturers. business groups warned tariffs whether from china or the u.s. will hurt their bottom line, and ultimately result in higher prices for consumers wilbur ross, commerce secretary, argued earlier today households won't notic

hey, rick. >> good morning, carl. on several topics today i think the three biggies are ralts, t rates, dollar and europe with ralttes, a lot of economiss think it is never good to push higher rates into an economy but i think it is the other way around i know what the fed is doing, but that's about normalization many economies are pushing rates up you can't have it both ways. everybody is nervous about a flattening curve yield long year 30 year bonds are up exactl >>> it would probably be a good thing, i don't see any issues with rates at this point as long as the economy and j. paul monitor of course how far they go. with regard to the dollar, i really think it's a logistics trade. remember if you take that long-term chart we've had many times going back 30 years, roughly the biggest moves, mid-point is around 95, we went to 97 during the august crisis in the emerging markets, so maybe 93 on the down side. there's a lot of people long in the dollar index europe is complicated. we saw today norway, raising rates, the

. >> carl, if you have a capitalist bone in your body, it melts your cold, cold heart. they're selling phones today that start at a thousand dollars and people are lining up outside. you would say it is a testament to today's economy, but apple has been pushing the envelope on margins for a long time. this is a new level for them it is a statement that goes against so many of apple's critics that claimed over time, the samsungs of the world, name a company to drive down apple margins, they have to come out with cheaper phones. they eliminated the cheapest phone, and sold a more expensive, bigger one. you have to see how the holiday quarter turns out for them they used cash to have this advantage of retail locations like this one. >> josh, it is always anecdotal, is there a way to sort of characterize the wait, the line versus prior door openings >> reporter: 6:00, 6:30 local, about 30 people were in line i think there's been a change there. how we buy our products, including our iphones switched we buy more online you remember this. research analysts used to study physi

hi, contessa. >> hey, there, carl. the myrtle beach international airport the doors still open for you but what greets you inside is a row of empty ticket counters from side to side the place is a ghost town. this is likely to be a similar scenario up and down the carolina coastlines as these beach cities have seen major flight cancellations the good news is no major hubs affected here. the bad news is for people who have been arriving to the airport expecting to see their flight, it's a no-go look at this the tsa checkpoint locked up there is law enforcement here. the airport officially is still open, runways will be up and operating if the military needs them at the height of the storm but no way to get out. we met a couple from pittsburgh vacationing here, first time they have flown in 35 years, they thought they were preparing for the storm, guys, and they get here, said we changed our flights from saturday to thursday spirit canceled all the flights last night they didn't know that and put their keys into the lock

carl, as always it would seem to be a lot of things to discuss and a lot of buzz here >> i think jackyan is the beginning. that's a paramount production, that's the greatest thing we have ever seen this is amazon and paramount have you seen it holy cow it is fantastic. >> all right >> "ozark" and "jack ryan" are the two hits of the season >> i am talking about backish. when we come back an exclusive with zaslav and we'll get into the storm that's threatening north virginia and north carolina >> more "squawk on the street" >> more "squawk on the street" from post nine in a minute directv gives you more for your thing. if you've been waiting for a sign to quit cable, then herigns. ♪ quit cable it came from the toaster. ♪ quit cable uh... ♪ quit cable now you can quit cable. switch to directv for $35 per month. rated #1 in customer satisfaction over cable. more for you quitting cable thing. that's our thing. call 1.800.directv. the street." i am david faber starting off our guest this morning with the ceo of discovery, david zaslav. hulu and discovery announced of what you call comprehen

hey, carl. >> good to have you, frank welcome to the family. holland. >>> let's get to dominic chu meantime for the european close. >> so, carl, as we look at what's happening with the european markets right now, a bit of wait-and-see mode ahead of that federal reserve rate decision later on today. we've got basic resources among the worst performers in european trading bucking that recent upward trend among the individual names in focus, airbus jumping by more than 3% here this morning after european regulators granted a key certification to one of its models, the a-330 900 model. now, sticking with the transport sector, daimler's ceo is planning to step down in 2019 after more than 12 years on the job. current research and development chief will take over the reins at the german automaker. shares dipped in early trading but finished mostly flat on the day. finally take a look at shares of aa down more than 12% after reporting a sharp drop in profits during the first half of the year the british-based company blaming bad weather for a pothole

carl, back to you. >> wow, rick, thank you very much rick santelli.egin with trade talks resuming in washington today. major averages are falling this morning. >> apple is getting ready for its big unveil look at the tech giant's product pipeline up next. >>> millions up and down the east coast are getting ready to evk wait evacuate as category 4 storm florence heads there we'll take you live. >>> dow still on pace for its third straight negative day. ray dalio of bridgewater spoke about the markets, cautioning investors to be defensive. >> right now, whatever is more defensive, i would then be in a more defensive posture whatever your strategic asset allocation, you know what your strategic mix is i would be less aggressive rather than more aggressive. >> joining us this morning, jeff klein at charles schwab and director of macro at fidelity investments. good to see you. >> good morning. >> jeff, the jolts number we just got, new high on this quit rate ties right into what we got out of nfib today and maybe what yields are telling us. what do you mak

carl bernstein was played by dustin hoffman. >> one of the things i had observed with carl is that heked 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 mos

i am carl quintanilla, cramer is in philadelphia where the eagles will kickoff against the falcons. future is pretty steady after the drop for texans for july we'll see if the u.s. launches tariffs on 200 billions on chinese goods. our road map begins with a new season and a new nfl controversy. nike/kaeperni nike/kaepernick. hours before kickoff the tech tumble, high flying technology stocks and facebook and google all slumping yesterday. at least discusses new regulatory over sight.net fli netflix rallies the premarket. the u.s. pushes ahead with another $200 billion in tariffs. jim, a big show tonight. man, does it coincide with the givening of t beginning of the season and the dropping of the kaepernick ad yesterday, you got a lot to cover. >> remember when you see it at 8:30 that ball, i don't think the front and center, the game itself will take over. inside the lines will be a more powerful narrative than people think. one of the reasons is because we finally have good teams in major mar

carl, go ahead. >> i feel mournful after watching this today for the country. in a way that i sell domful ever have. and you know, we're in a cold civil war and today we watched gettysburg of the cold civil war. it's liable to get hotter. truth is the first casualty in war. and in this instance, we have a clear avenue to learning more of the truth. an fbi investigation, which kavanaugh would not even answer a question about, she was open in every regard to an open investigation to being questioned by anyone, not him, not those 12 republican senators who want nothing to do with an open inquiry into the truth. and furthermore, what we watched today it's like the mueller investigation. there's a parallel between the two unfortunately between what the republican party is doing here. shutting down avenues of legitimate investigation. instead of trying to be open to a fact-based debate and instead of trying to find out the facts whether it is mueller or this situation with a great witness, have you other witness who are so a so obvious to call those who witnessed kav

carl bernstein has an image of himself i'm not sure is matched by reality. they claimed he wasn't a source, they put that in the original thing. and he declined to comments. and they have not done anything near what they need to to deal with the problems with that story. now they are trying to strongly suggest the other story is michael cohen himself. and they need to restore credibility. they have a pattern of false stories on the trump administration and this is the latest one. howie: does cnn have to do more than put out a one-sentence statement. and to report on the president's attacks on the network. it may be uncomfortable, but it's news. phillipe: every media outlet has the responsibility to call balls and strikes. i disagree with mollie describing the obama white house. but cnn said they made a mistake. ed the source mai -- made a mis. mollie: cnn is standing by its story. phillipe: they are saying they have another source. i don't know any better. but they made a mistake. when fox is reporting on seth ridge. it took months before anyone acknowledged

good morning, seema. >> good morning, carl.to 37 the damage to homes, buildings and public infrastructure is extensive. the damage occurred on infrastructure costs has reached to 30 to $40 billion we are here in new bern, population of 30,000, this is the crown jewel, the county conference center which houses conferences, gal las, weddings and as you can see it suffered major wreckage and massive flooding here's pall krisby, what's the main task at hand? >> we are working on drying the building main objectives are to take out any wet unsalvageable materials and get the place ready for reconstruction and a deep cleaning prior to getting them back in? >> how long until this conference center is fully operational? >> might be a month, month and a half we'll have it dried up and ready for reconstruction in two weeks. >> reporter: how is this damage compared to other hurricanes >> all of them are different but they've escaped a lot in downtown everything has wet basements and main floors but it will come back. >> reporter: thank you

carl? lowest price, guaranteed. just stick with badda book. badda boom.k now at choicehotels.com ♪ ♪ can world-renowned artist red hong yi use the chase mobile app® to pay practically anyone, at any bank? ♪ ♪ yes. but this isn't for just anyone. chase. make more of what's yours. >>> we are tracking a major development in robert mueller's russia investigation tonight. according to court documents, american lobbyist sam patten admitted he made a $50,000 donation through a straw donor from a russian and a ukrainian. patten has agreed to cooperate with federal prosecutors in washington, d.c. and special counsel robert mueller. patten, who has ties to paul manafort, pleaded guilty today to failing to register as a foreign agent. meanwhile the associated press reports today that doj lawyer bruce ohr was told by british former spy christopher steele that russian intelligence believed it had, quote, donald trump over a barrel. here to talk about all of this, ken dilanian and eric tucker, who broke today's news on that meeting between bruce ohr and christopher ste

i am carl quintanilla with morgan brennan, jon fortt at post 9 of the new york stock exchange we keep our eyes on the kavanaugh hearing, trade, rosenstein, the white house. we begin with facebook a good place for startups on shaky ground what brian acton's criticism of mark zuckerberg is he called it a whole new standard of low class. for more on the continued turmoil, we are joined by contributor walter isaacson and sus susan lyons. if the departure for the executives wasn't enough, back and forth between marcus and acton says a lot about culture at the company, who has responsibility for the position we find ourselves in as a country and planet, regarding social media what are your thoughts >> it says a lot about the culture. it says a lot about the business model, you have to monetize people that use the service to sell access. you are going to end up doing everything you can get away with i think the most important thing that brian acton said and it wasn't a low class statement, he is one of the what's app founders criticizing facebook, he said we were trying to find out revenue m

carl, is there a simple bottom line that explains it? is it immigration?ave seen throughout europe for the past couple of years that we have the emergence of populist parties to the right, we didn't have those before. and they could have 10% or 15% or something like that of the electorate. but it is a major change in the swedish political system and is an agitation to the future of the country. >> do you think it is a -- is there a kind of coherent program here, or sit a series of impu e impuls impulses? it seems to be anti immigration, that seems to be the dominant one. but the anti-eu, anti-further immigration, loss of sovereig y sovereignty? >> whether it be coherent, i believe it's fairly coherent what they are saying, but there are people who feel left behind. so they're playing make sweden great again in the sense that things were better before. go back to the 1950s, we didn't have any illegal immigrants, the world was less complicated and so it's that sort of sentiment and immigration has been tri triggering something that was slig slightly wider th