you're watching cnbc. first in business worldwide. mr.lean gets tough on dirt and grime and grease in just a minute mr. clean will clean your whole house and every room that's in it floors, doors, walls, halls he's so tough, he cleans 'em all mr. clean! we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley. michael goerng to you. >> thanks for joining us. all the focus was what to expect and what we heard from janet yellen. we get more data coming out. >> right. >> is that more important and could that, if it was strong, solidify the new expectation that is september is on the table? >> the fed goes out of its way, particularly to -- up every meeting. they achieve that of with fischer's comments about two hikes i think it has to be an extraordinarily strong report. sort of a 250

keep it right here on cnbc. thank you randall. stitch and seam of your home insurance, tailored to fit you and your budget. with unique features, like claim free rewards... ohh! customized home protection extra features all at an affordable price! i'm going to live in this. in means getting more from your home insurance with an expert allstate agent. it's good to be in, good hands. your business needs better technology to drive better performance. so you need it to be reliable and fast. really fast. introducing the comcast business summer savings event. fast internet speed to drive performance, plus cutting edge wifi for your employees and customers, and voice mobility so your calls find you wherever you are. get some of our most advanced products at a great price with over $500 in savings. call today and ask how to get these savings plus a $250 prepaid card. comcast business. built for business. >>> wti at $40 per barrel and the dough on a losing streak. they may be connected, but the report may be a game changer. we'll see. >>>

to "world wide exchange" on cnbc.eisen along with don chu in for wilfred today. >> good to be here. >> let's check on global market this is morning. like sara said a stimulus passage in japan part of the stay in the markets. if you look at u.s. futures, we're modestly lower. s&p indicated to open down about 5 point tos. the nasdaq off by 11-12 points in the early parts of the trade so far. take a look. wti crude showing a bit of strength. i say that relatively speaking. 42.42. up almost a%. brent crude up about a percent as well. of course we've seen this real slide over the course of the past few weeks here in crude prices. certainly ones to watch there. we are seeing a little bit of green there. >> off 20% makes it a bear market. >> certainly keep an eye on that. also as we mentioned this morning, top stories, japan's prime minster shinzo abe approving a stimulus passage. the country's finance minister says the bank of japan was fully consulted in this. let's show you the market reaction. the yen is strengthening. t

you're watching "world wide exchange" on cnbc. >> good morning and welcome back to cnbc.'m sara eisen and don chew is in for wilfred frost. >> it's hard to imagine the summer is over at this point. >> it is. and retail in focus, a lot of talk of back to school on wall street. >> a lot of those earnings coming up later on. let's check on the global markets this morning. first off. start here in the u.s. on the future cited of the equation. take a look at the markets right now. seeing a little bit of an improvement just in the last half hour. we saw the dow futures down 30 points maybe at one point. now the s&p is up by about 1 point. the dow jones and nasdaq down slightly. we're going to call these steady markets ahead of the fed tomorrow in jackson hole is going to be a big issue. let's see if the future's picture is lending anything with the european picture. we saw a lot of weakness actually and improvements there as well. the dax down over a percent at one point in the past half hour t. dax and german only down about half a percent. the cac in france also showing impro

cnbc is all over it.ily is in brussels where the heart of the european commission is delivering this verdict. >>> let's discuss markets here state side. futures called higher, all be it slightly. yesterday we saw half a percent gain gains and.25 for the nasdaq. pretty much flat as you can see. joining us now, daryl chronk. guilty or not guil good morning to you. thank you for joining us. yesterday we saw banks lead the charge. is that justified? if we do get a hike going forward. >> that's good for financials as a whole. i know you've talked a lot about being one of the most underperforming sectors. faced a lot of headwinds. >> i'm just wondering on that about the rate hike outlook. if we get a solid jobs number and the expectation right now is, what, around 200,000 again for the month of august. if we get that, does that put september on the table firmly for a rate hike? >> we don't think so. we think september is a bridge too far. the language has changed lately from kind of the if they do another rate

you're watching cnbc, first in business. worldwide.our business needs better technology to drive better performance. so you need it to be reliable and fast. really fast. introducing the comcast business summer savings event. fast internet speed to drive performance, plus cutting edge wifi for your employees and customers, and voice mobility so your calls find you wherever you are. get some of our most advanced products at a great price with over $500 in savings. call today and ask how to get these savings plus a $250 prepaid card. comcast business. built for business. >>> good morning. fed in focus. the market looks desperately from direction from fed officials gathering right now in jackson hole. >>> and ignore at your own risk why putting off yourm iphone software update could get you hacked. it's friday, august 26, 2016 and you're watching "world wide exchange" on cnbc. >>> good morning and welcome back to "world wide exchange" cnbc on a friday. i'm sara eisen along with dom who is in for wilfred today. >> it's new music friday and

welcome back to "world wide exchange" on cnbc. sara eisen along with don chew who is sitting in this week for wilfred frost. >> music is appropriate, we'll tell you why later on. let's check on global markets. it was marginally positive. let's take a look where they are now. still marginally positive. s&p up 3 points to start the day. at least the implied open. dow jones up 16 points. nasdaq showing a gain of five to six points as well there. perhaps taking cues from europe. across the pond seeing a generally positive tone to the markets there. dax and german up. cac and france up the same amount on a percentage basis. the ftse 100 in uk down .10%. ftse mib in italy up by a percent at this point. ibex in spain up 1% as well. mixed picture in the overnight session as we take a look at the asian markets because we did see a little bit of weakness in certain main markets there, like in shanghai and hang seng and hong kong. both off. that's mainland china. the hang seng in hong kong off .75%. the notable always talking about the yen.

stay tuned your watching cnbc. first in business, worldwide. . >>> welcome back to "world wide exchange." u.s. equity futures slightly higher. similar to the gains we saw yesterday, which were just above flat. joining us onset to discuss markets and outlook, john manley at wells fargo. ga great to have you with us. volumes have dropped off a lot this week. we now reach that typical summer moment we can expect flat for the rest of the summer. >> i think it's probably likely. first of all, i got up solely to see you this morning. not much is going on in the market these days. it's pretty slow in august. rather uneventful month. one thing i will tell you the seasonality players didn't do well. didn't take off in january. didn't fade when you got to may. so these things work until they don't work. i still think the earnings are working higher. i think the fed is supported. >> just countering that for a bit, don't look, but the s&p is up 7% so far this year in a year we've had all sorts of turbulence ask the point is ev

. >>> cnbc will be speaking exclusively to cfo steven an gels at 12:30 cet. the yen stlengt engines to the strongest point as the government approve as 28 trillion yen fiscal passage. >>> warren buffet tells donald trump a monkey would have performed better in the market than he has. this as he slams the presidential candidate in a campaign event for rival hillary clinton. >> good morning and welcome to "street signs." v in anything, but a quiet august day here we have european markets broadly lower the, banking sector really the drag here. overall about 3%, but once again, the italian lenders in foal kuss just a day after the stress test results came in. we have seen shares of monte dei paschi traded after 5.6% drop. union any credit shares which really bore the brunt of the fall day two of trading just a bit earlier. some concerns here over the rescue plan at bank of monte dei paschi when it comes to npls will and what it could have on the broader sector. all this as renzi tells cnbc in an exclusive interview that only growth with solve the issue of a nonpe

speaking to cnbc, blames the u.s. health care system as she takes more political heat. >> this isn't an epipen issue. this isn't a mylan issue. this is a health care issue. the irony is the system insent vises higher prices are and it's the conversation no one has wanted to have. >>> nothing is not possible. so says the secretary general. mixed messages everywhere as says will cooperate saudi arabia saying an intervention isn't necessary. >>> media set sharing falling as speculation rises as the sale of the paid tv unit to vivendi is headed to scrapping. negotiations are ongoing. >>> good morning and welcome to "street signs" and a very happy friday. tgif here. >> i know. >> not just a happy friday. it's a happy jackson hole day, finally. >> i know. i think this is the day we've all been waiting for. >> yes, i hope we don't get disappointment. so much expectation going into the speech from janet yell. >> narrator: as we were saying yesterday, has anything really changed or is this going to be a speech along the lines

cnbc business news, chicago. >>> the 2016 summer olympics officially begin tomorrow.where has the summer gone. that's when the opening ceremony kicks off in rio de janeiro. the south american country dealings with infrastructure concerns the zika outbreak and unrest surrounding the impeachment process certainly hanging over the big event. wilfred joining us with some analyst here. carlos, pleasure so have you with us around the desk. it's a real shame. we look at the olympics as something to drel brat. a chance for the host country to put themselves on the map of the world. all these risks are clouding brazil. i want to ask you about the political situation that is clouding the process of infrastructure development there surrounding president. she is getting closer to a verdict from the senate. what do you expect next week. >> i think the big difference is in 2013 when brazil secured the right to host the olympic games, it was if commodity in brazil was doing very well. and it appears to be a fantastic idea, but since then to now, the country is serious crisis. econom

you're watching "world wide exchange" on cnbc. good morning and welcome back to cnbc. sar eisen and don which you here. >> weakness, it's marginal. s&p futures indicated to open down by all of 2 points perhaps. the dow jones off by six points javr all and the nasdaq down by about 7. maybe not so much the equities from europe because we did see at least earlier on a little bit of strength coming out of european markets. the german dax up by two-thirds of one%. the ftse 100 in the uk awaiting the big interest rate decision from the bank of england. just about flat. the foot might be ftse mib in i had of course we got some other cues from asia which did see a nice green overall. shanghai composite up. the nikkei in japan reversing a little bit here. 1% gains for the nikkei in japan. hang seng in hong kong up.5%. >> the broader market picture in oil has been a theme. we are seeing losses this morning after gains earlier. down .4 of a percent. brent tinternational benchmark off. as for the treasury market, let's show you what's happening with the 10-year yield higher. slowl

matteo renzia a cnbc exclusive. the prime minister of italy on the test results. >>> a roundup of the political stories. including a fight over the debates and the nfl. >> who would have thought. yes. >>> heading to break, here's the national forecast from the weather channel's kelly cass. >> hey, good morning. after a very stormy weekend in the northeast, we're not seeing much of a break as we take it back to work today. more rain and thunderstorms for new york city, philadelphia as well. some places over the weekend, especially west of baltimore, seeing well over half a foot of rainfall that led to all kinds of problems with flash flooding. we still have the chance of pop-up showers and thunderstorms across the south. it's very humid. can't rule it out. 100 degrees in dallas for today with the blazing sunshine out there. 93 degrees in dallas. we will have a chance for seeing severe weather today across the northern plains. the main threat is going to be damaging gusty winds and possibly big hail out of the storms

. ♪ ♪ >> good morning and welcome to "world wide exchange" on cnbc. sara eisen along with our friend dom choo in for wilfred frost today and this week. >> it's going to be fun. on the early shift again. just have to wake up early and get coffee in me. >>> we're looking at after a flat close yesterday on u.s. equity futures strength in the early morning session. dow futures up 50 points. s&p futures are up about 6 points. nasdaq futures 17.5. so we actually are showing some gains even though what are we, 31 sessions without a plus one or minus 1% move. >> it's been amazing. through yesterday looking at a market that hasn't moved. it's basically moved the s&p within a 50 point range going all the way back to july 13. >> gentlemen. >> so mid july. it's been very static market. >> static, but hovering near record highs and the strength continues. let's see the ten-year treasury note yield. ahead of the big janet yellen speech on friday, hovering 1 .56. not as strong as they were weeks ago, but still 1.50 is low. >> we saw stable market for the treasury cu

you're still watching "street signs" on cnbc.hief has said in the final speech there are limits to what stimulus policies can achieve. shri is in singapore. more and more of the central bankers are starting to sound a similar tone. > >>>. >> reporter: exactly. the central bank's message is the same. come on you chaps in the fiscal authorities. you've got to start carrying and doing some of this heavy lifting as well. you're going to continue to see this dynamic as monetary policy starts to hit the buffers. 1.5% i would say the rba still has wiggle room and the jury is out whether we're going to see another rate cut by the end of the year. you have to bear in mind inflation still looks quite benign in australia. another big head ache is the currency. despite the most recent rate cut of 25 basis points, the australian dollar is still quite top heavy. this is what it's doing right now. we're above .77 to the u.s. dollar. we're looking at three-month highs there. another country in which this is a big headache is south korea swell. w

follow cnbc. invites went out. you follow it? cnbc. it's good. it's worth following. >> no commercials. right? >> not yet. >> going straight through. >> especially with these two. >> ready for that? we have a news alert, by the way, on apple. there you go. josh lipton has it. josh? >> that's right, scott. >>> the invitation a lot of investors waiting for, apple putting out a formal invitation for its fall event on september 7th. the convenient, the invitation saying, please, join us for an invitation-only event at the bill graham civic auditorium in sfr san francisco. 10:00 a.m. dual camera, updated home button. the question whether the iphone 7 can help revive growth in the iphone franchise. analysts like pieper jean munster says still about 275 million active phones has are on the iphone 6. at least two years old. the bet there for the bulls, there's enough people selling older models upgrade even if we get in the fall are incremental changes. the event on september 7th here in san francisco for apple. back to you. >> josh lipton, thank you. >>

welcome to worldwide exchange on cnbc. i'm sara. >> i'm wilford frost.et to the market action. >> let's show what you futures are doing on a week where the trifecta of records happened. that was thursday. stocks pulled back from the record highs on friday and dow futures up 24.5 points. s&p futures up 2.5. and nasdaq futures up 9. we're coming off an up week just barely. quiet market action. it has been higher. the ten-year treasury note yield. housing data this week and numbers on inflation. 150 is your yield on your ten-year. there has been persistent buying of treasury that kept the yields super low. not as low as the uk. but low historically. >> you would say it's probably the uk yields pulling it down globally. first of all, japan's economy slowing down. gdp expanding by an annualized .2 of a percent in the second quarter below market estimates, capital expenditure dropping more than expected. weak overseas demand took a bite out of gdp growth for the first time in four quarters. that meant the nikkei did drop, albeit only slightly. the yen not movi

you're watching worldwide exchange on cnbc. >>> good morning. warm welcome to worldwide exchange on wilfred frost. and seema moody in for sara this morning. >> good morning. let's check in on the global markets. we're expecting a higher on wall street. albeit a small one. to the tune of a quarter of 1%. the dow higher than 30 pints. the s&p by 3.6. the nasdaq by 10 points. we had decent gains on friday. also taking the week as a whole into positive territory for the indices. the strong performance on friday, europe is higher. albeit not as high as asia. 1% of gains in germany and less in the rest of europe. asia, particularly strong gains for the japanese market. we've seen a slightly weaker yen which helped there. disappointing data out of china in terms of trade. that hasn't weighed on the markets. shanghai got 1%. >> the broader market, there's an interesting discussion around the direction of the price of oil. breaking below $40. in the session higher by 1.3%. trading at $42.33. we'll be speaking to an oil expert coming up. >>> the blockbust

last week, ceo heather bresche told cnbc the millions of dollars on product development:(sot-cnbc aircheck) bresche: "you need the exact right amount of epinephrine in seconds. and that's what our auto injector does. safely and it needs to work every time." but the drug itself, epinephrine, has been around for 100 years and costs just $3. analysts say the plastic auto injector is also cheap. epipens earn the company more than $1-billion a year. in may, bresche told wall street analysts:"...i think you'll see opportunit continue to have that price per pen that was tom costello.no word on when mylan's generic epipen will be released. in today's tech news...apple fans... get ready... your favorite tech giant is expected to unviel it's new i-phone 7 next week. some speculate the new iphone will duel lens system.tech experts also predict the phone will be missing a headphone jack -- and will come in a new blue color option. and fitbit is targeting swimmers with one of its newest devices. the company announced two new fitness trackers... both featuring water-proof technology. users can now keep

spending cnbc's money.ng out there to listen to the unbelievable amount of detail you're going to hear about whether or not they go up a quarter point. just microanalyzing every word. they left out a word. my god, they left out a word. they changed significant to substantial. they changed significant to substantial. what does that mean! what does that mean! i can see it coming. >> well, we don't know. we're waiting for janet yellen tomorrow. let me tell you. today at 10:00 we have robert kaplan, the dallas fed president. we're going to talk to him about energy. i met an awful lot of energy folks down here out west where i've been for a couple weeks now. guys who were in the energy industry and seem to have migrated to other jobs in the service and the tourism industry. that seems to be something going on here. so we'll talk to robert kaplan. and we've got a couple of fed guys for you tomorrow. and women, by the way. >> all right. steve-o. >> and joe, sorry. no tetons. haven't seen them yet. they're not here

you're watching cnbc. (lionel) ♪it's peyton...on sunday mornings.♪ (peyton) you know with directv nfl sunday ticket you can watch your favorite team no matter where you live. like broncos or colts. (cashier) cool. (peyton) ah...18. the old number. ooh. i have got a coupon for that one. (vo) get nfl sunday ticket - only on directv. and watch live games anywhere. across new york state, from long island to buffalo, from rochester to the hudson valley, from albany to utica, creative business incentives, infrastructure investment, university partnerships, and the lowest taxes in decades are creating a stronger economy and the right environment in new york state for business to thrive. let us help grow your company's tomorrow- today at business.ny.gov >>> welcome back to "closing bell." i'm julia boorstin with disney's earnings and two other pieces of news out. disney beating on the top and bottom line. the company growing revenue 9% to $14.277 billion. analysts expecting $14.15 billion. earnings per share also coming in a penny better

i'm sue herera, your cnbc news update at this hour. banned from associating with isis was killed as canada's national police force thwarted what they believe was a suicide bomb plot. the suspect allegedly planned to carry out the attack in a public area. >>> russian president vladimir putin holding a national security meeting following reports of foiled attacks in crimea. the bleegts meeting to discuss recent security in the region. russia annexed that territory in march of 2014. >>> 30 residents and 3 firefighters injured in a three-alarm fire at an apartment complex in silver spring maryland overnight. at least seven people are missing. the fire was caused by an apparent natural gas explosion. 160 firefighters battled that blaze. disney pulling the plug on its main street electrical parade. the company will end its run at walt disney world in october. it made the debut at the park in 1977. the parade will be shipped to disney land for a limited run. >>> that's the cnbc news update this hour. over to jackie deangelis for the eia inven

exchange" on cnbc.ara eisen. >> i'm wilfred frost. a very good morning to you from me as well. it is favorite song friday. a term we have coined. >> this is landon's. >> very good choice. i mean, outstanding. certainly much better than your choice earlier, but not quite as good as mine. >> phantom of the opera, really? >> we want to hear wilfred sing his favorite song, follow me on snap. >> i don't mind. it's just such a good song, despite the terrible singing of butchering it, it's still good. >> it's amusing. >>> let's check in on global markets. called lower to the tune of 3%. the dow expected to open 57 points below flat and this week as a whole, we have seen slight gains for all three embassies. there has been sector differentiation. in terms of s&p sectors. down. oil as surged. >> keep a particular eye on the nasdaq which is on a hot streak in terms of weekly gains. this could be eight in a row if it does hang in there. >> indeed. let's have a look at european trade today which is soft. had a dece

your cnbc news update.tary of state john kerry and secretary of commerce penny pritts ker meeting with india's prime minister and other officials in new delhi. tuesday the u.s. and india announce an agreement to boost counterterrorism cooperation. >> jetblue the first american airline with regularly scheduled flights to cuba since 1961. the flight took off from fort lauderdale just about 30 minutes ago bound for santa clara. residents of hawaii's big island reporting for hurricane madeleine. stacking sandbags on the highways. the national weather service says hurricane conditions are expected within the next 36 hours. and bruce springsteen has done it again. last fight's concert in his home state of new jersey lasted for just over four hours, breaking his record for the longest show in the u.s. set just last thursday. springsteen telling his fans his three recent shows in the meadowlands were, quote, most enjoyable. i guess for him and for everybody. that's the news update this hour. send it over to bertha

@nancy cnbc or @louisa borj senn. welcome back to street signs. i'm nancy hung ford. >> i'm louisa bojesen. >> monte dei paschi shares soaring to the top of the stock 600 after the banks reveals a third bailout plan. >> stress tests shows that monte dei paschi is the only bank with a negative rating. >>> heineken shares sinking as currency headwinds way on the dutch brewer. >> this as the ceo tells the cnbc that weakness in certain markets should be offset elsewhere. >> we perform well in volume revenue and profits. the downside is our subdued performance in africa and the middle east, that's largely balanced by good performance in europe, americas and asia. >> and the meeting of minds. uber and rifle didi a tie-up in china that will be a combined company valued at $35 billion. >>> hi everybody. welcome back to street signs. we're just grabbing the uk pmi state a hitting on the wires right now. falling to 48.2 for the month of july. it's the lowest since february of 2013. the output component falling to 47.8 in july from 53.6 in june. this is very

you're watching cnbc. first in business. "world wide exchange." >>> welcome back to "world wide exchange." corporate news out of china. bp is sooki iseeking buyers. this is the i thinkle largest investment this china. could reportedly fetch the energy giant $2.3 billion. in lond trade, bp unaround 1% today. >> china is delaying marriotts purchase of starwood. need 60 more days to review the proposed acquisition of starwood. a green light from regulators is the last remaining hurdle here. received apreviously from the u.s. and european union. >> let discuss global market as little bit more. rich, very good morning to you. stepping back for some of those corporate stories in china. we have seen asian markets pretty strong in the last month or so. is that justified? is there fundamental strength there or post-brexit risk bounce. >> i think it's a bit of both. coming into the year, wilfred, there was a lot of concern about what china would do with the currency. we had the surprised devaluation a year ago and thus far that concer

back to "world wide exchange" on cnbc.a eisen along with dom chu today. new music friday. >> yes, i don't know this one, but it sounds familiar. >> it's flo rider. new track called zillion nare. >> let's get to global markets this morning. strength in the futures after what is appearing to be a down week. today's action could turn it around ahead of the jobs report. job futures up 29. s&p up 4. nasdaq up 14. early action in europe is also marginally positive. we've lost a little bit of earlier gains. the germany dax higher a bit. france is showing notable strength up half a percent. the ftse 100 in uk coming off where mark carney announced a bunch of options and buying of corporate bonds, government bonds. >> the stock markets reacted positively. and as for asia overnight. let's show you quickly what happened. japan nikkei lost some ground. shanghai closed lower, but just barely. more strength in hong kong. that is that correcstock market fire. >> obviously a lot of stories at play here. as for the broader macro markets. l

eastern time on cnbc.wk on the street and "squawk alley" tomorrow, what a war uber brazil, regarding ride-sharing apps in this country, in a country where penetration of smartphones is very high and we'll talk to the captain and the team coach of u.s. men's rugby, which is coming back as an olympic sport for the first time since 1924. we'll watch detroit. for now over to headquarters, scott wapner and the "half." >>> carl, thanks so much. welcome to the "halftime report." i'm scott wapner. we begin with breaking news this hour. republican presidential nominee donald trump laying out his economic agenda today at the economic club of detroit. we will take you there live once mr. trump takes the lectern. we do expect details on taxes, trade, energy and regulatory reform among other issues. our john harwood is there. and our senior economics reporter alongside us today. he, of course, is steve liesman. we know, steve, that this is being billed as donald trump laying out his economic vision, parts of the plan h

that's the cnbc news update this hour.you. >> well, it certainly got them a lot of press attention. >> it did. i thought -- >> everyone sponsoring him now. >> i thought it would be a liquor company. i didn't figure out throat drops but what the heck. there you go. >> forgiving on your throat. thank you. >> sure. >> keeping an eye on the market reaction here from comments from fed chair janet yellen at jackson hole at the top of the hour. dow up 106 points and joining us is megan green chief economist at man new life and brian jacobson from wells fargo funds. good morning. >> good morning. >> so megan, actually if you look at the reaction, it's come back a lot. yields popped higher coming back down. the dollar strengthened. it's now weaker. and stocks are back near the highs of the session. did we learn anything new from janet yellen? >> yeah. i think we learned very little in terms of policy. you know, this was the most dovish/hawkish speech we could possibly have expected from yellen and as you highlight the markets haven

and at cnbc global headquarters on square.ulia, start us off. >> big question is whether 21st century fox will deliver as many of its rivals have. it will deed. on who things. impact of disappointing movie perfect formance and hit it may take on currency exchange because of international exposure. 21st century fox's fiscal earnings are expected to drop 5% from a year ago on 8% higher revenue. on the call listening for guidance on the company's plans for cash cow fox news in the wake of roger ailes departure. bill? >> julia, thank you. phil, what do we expect from tesla today? >> well, it's a loss for the quarter. that's the expectation out there. the estimate and i should put a big qualifier is the loss of 52 cents a share. let's be clear. the range for how much they could lose is all over the map given guidance is all over the map from analyst. so it will be interesting to see what that number comes in at. three things we are looking for. in terms of this earnings report or what they say when the report numbers for the second

. >> good morning and welcome to cnbc. i'm sara eisen. >> i'm wilfred frost. >> my favorite song playing in the background. this is the song i walked down the aisle. i knew it was a lovely song. i didn't pickup. >> let's get a check on global market. looks like softness overseas. potential lweighing on futures. little change. not even up one point. s&p up half a point. nasdaq up one full point. so the nasdaq is in the lead this morning. this after we did see declines. all three major embassies pulled off record close es yesterday. >> by a good half percent. >> this market has declined for a meaningful amount. markets once again realized that it's not always new highs each day, each week. which we basically had for the last couple of weeks. decedent declines. >> absolutely and small moves. it was all about fed speak and check out the ten-year treasury note yield. bonds sold off as well. that pushed yields higher. we see them move up a little bit. unching higher towards 1.58. we were in the low 1.50s to start the week. the f

. >>> big night on cnbc prime.iss a new episode of "cleveland hustles" from executive producer lebron james. tonight, successful cleveland restaurateur jonathan sawyer must choose between two small businesses competing for his investment. the first candidate is an urban honey making company. >> hey, what's happening? >> wesley's never operated a retail space before, but dedication to the community is compelling. i need to find out how he can grow his business and revitalize gordon square. >> this was once a home here, they raised it and it was just space. this is my one hive. i got about four right now. you see they're outside of the hive, it's a warmer day and also this indicates it's like bursting at the seams, pretty much. they need some room. my business began as a way to make our community better. there was a vacant lot of land around the corner from my house. my wife let me buy it and i transformed into a bee yard. and akron honey company was born. last year i had a pretty strong hive here. i harvested probab

you're watching yi ining "world exchange" on cnbc.car horn beeps] [texting keystrokes] >>> now to must read stories catching our attention in the papers. peter thiel, capitalist who backed facebook. spoke at the national convention and funded hulk hogan's against gawker. sensitive information can be relevant. exercising judgment is always part of the journalist profession. it's not for me to draw the line, but journalist should condemn those who willfully cross it. the press is too important to be undermined for those who search for clicks at the cost of reputation. goes into why he helped fund the lawsuit. when gawker outed him he talked about being gay. he announced at the republican national convention and that was his final point on why gawker he says will continue to thrive. it's up for auction. there's reportedly bids for it to continue and he says he doesn't want to eliminate that, but there that has to be a stricter judgment call when it comes to invading privacy. >> worth the read and, certainly, valid points. makes valid poi

a new cnbc documentary airing tomorrow night at 10:00 eastern right here on cnbc.ght i was crazy to open a hotel here. everyone said it's so hard to be a musician, but i can't imagin doing anything else. now th the train makes it easier to get here, the neighborho is really changing. i'm alwa hopping on thtrain, running all over porand. i have to o wherever the w. trains with innovative emens techlogy i have to o wherever the w. help keep cities moving, so neighborhoods and businesses can prosper. i can book 3 or 4 gs on a gooweekend. i'm booked solid for weeks. it takes ingenuity to make it in the big city. like cologneny things you don't want in industrial strength- i'm booked solid for weeks. morning! buthere's one thinyodo. ags) it's called predix from ge. the cloubased develoent platform >>> announcing the launch of coursera for business today. the company already provides online classes from universities to consumers and is now expanding enterprise market goi directly to companies and their enemployees. joining us now, the ceo, rich levin and president of yal

you're watching cnbc, first in business. we're back in a couple of minutes after a little glass of pricey champagne. >>> new this morning, the iea cutting the forecast. >>> earning central, the consumer in focus today with results in kohls, macy's and nordstroms. >>> plus champagne problems. why a glass of bubbly could cost you a lot more. it's thursday, august 11, 2016 and you're watching cnbc. ♪ ♪. >> good morning and welcome back to "world wide exchange." i'm sara eisen. >> i'm wilfred frost. we're throwing it back with olympic spirit. >> team gb. good for you. usa songs will dominate the rest of the show. we will check in on global markets. >> this is "world wide exchange." >> china is catching up. only one gold medal behind. >> if they get the take, what happens then. >> it will be a hit to the pride. we have the big as far as. >> stars. >> you do. >> let's have a look at u.s. markets. the dough by 48 points. getting a little bit more momentum in the last half hour. we were positive over the last half hour. not quite to

"world wide exchange" beginning right now. >> good morning and welcome to cnbc. i'ma

kourtney reagan, cnbc, business news. >> here's something i kind oi dig.to lazy we just sit down all day long. >> i don't know. as i mentioned pokemon go before. we have to go get out tv tof th armchair and go chasing. >> here now out of the armchair and on to is the stage. eyed at the future of entertainment or one form of entertainment. audiences there now showing increased appetite for real live experiences from eher sieve theater to gave game shows. here to talk about this is felix. founder and direct tosh of punchdrunk. and we're joined by tom, director of little lion. let's start with you tom. we need to clarify first of all what crystal maize is. >> the crystal maze was a very iconic 90s game show. here in the uk it was quite uk centric. basically it was a journey through a maze in which you played games, little mini games to win crystals and at the end you i understood ended up in a it was a famous tv show that we've now recreated so you can play it for yourself every day of the week. >> so this is kind of a theater experience almost or is it a gam

more to come on cnbc.

steve leash man, cnbc business news, jackson hole. >>> let's change gears. turkish forces -- territory held by isis and kurdish militants as both warplanes and ground troops continue to go up the syrian border town. we're getting flashes from the for men minister there. he says they're engaged in ethnic cleansing in northern syria. they should immediately move east of euphrates and our common aim to clear the region of islamic state. let getoins us. this is getting messier, isn't it? [ inaudible ] are they trying to clear northern syria as they've been trying to do for a long time. they've been asking for this sort of crisis-free zone. everyone assumed this is not about the islamic state and fighting the islamic state and keeping them from moving into turkey but keeping kurds from standing in autonomous region perhaps. it's interesting if you look at the developments over the last several months. what have you seen? iran, israe. there's a kurdish problem for the iranians as well. they want to keep them contained. no matter how good the relationship is betwee

here's your cnbc news update for this hour.hite house says iranian vessels encounters with u.s. warships in the gulf are cause for concern. at a news conference for press secretary josh earnest saying iranian intentions are unclear but the behavior is unacceptable and increases risks of miscalculation. >>> federal police in brazil are urging prosecutors to charge former president lula of money laundering. he and his wife are accused of receiving almost $750 million as part of a kickback scheme centered around petrobras. uber and its ceo lawsuit to put a new york price fixing on hold while judge appeal denial to -- and richard branson suffered a cracked cheek, torn ligaments and severe cuts after crashing his bike in the virgin islands. the billionaire posted those pictures on social media. branson said he thought he was going to die. and that wearing a helmet saved his life. lucky guy indeed. that's the news update this hour. back to you, michelle. >> those photos look awful. >> they do. >>> thanks, sue. death toll rising again

you're watching cnbc first in business worldwide. ance machine.of intelligence... it's a supercomputer. with this grade of protection... it's a fortress. and with this standard of luxury... it's an oasis. introducing the completely redesigned e-class. it's everything you need it to be... and more. lease the e300 for $549 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. >>> welcome back to "squawk box." futures right now have moved a little bit. they have. it's the lead story. they are now up about 15. >> creeping high. >> creeping high of 15 on the dow. s&p indicated up 3 1/4 and nasdaq up just under 4. >> soaring. >> surging, rocketing, ripping. >> speaking of rockets, cnbc kicking off a full week of mission space. a look at the players pushing the boundaries of space exploration. jane wells joins us live from spaceport america in new mexico with a front row seat, jane. >> reporter: hey, kayla, 10 space ports but no one making as big a bet as new mexico with this $220 million state-of-the-art space age facility fund

your cnbc news update. an emirates flight from india with 300 people on board crash landed at dubai's main airport causing a fireball and black smoke billowing into the air. there were no fatalities. all the passengers and crew were safely evacuated. the plane was a boeing 777. at least 22 people went missing after a bridge collapsed in western india due to excessive pressure from the swollen river below. officials say a major search operation was under way. >>> a judge has cut nearly all of a potential $562 million fine against pacific gas and electric in a criminal case alleging it violated safety regulations before a deadly natural gas explosion in california in 2010. 8 people were killed in that blast. >>> a recall notice for a grand jeep cherry was mailed to the actor seven days after killed in a freak roll away accident. according to his family's

in an interview with cnbc, she also vowed to help reduce the cost of the emergency allergy drug for some people. as we've been reporting, the drug's retail price has risen more than 500% over the past decade, and that has causes a fierce reaction from customers on main street, lawmakers in washington and investors on wall street. today brian sullivan asked mylan's ceo the questions many want asking. >> facing backlash from the government, the public and stock market, mylan ceo heather bresch defended the recent price increase over epi-pen and announced the way to lower the price for many americans. she spoke exclusively to cnbc on thursday and tried to answer the question of why they can't just roll prices back down after the hike, but what they are doing to reduce costs in other ways >> had we reduced the list price, i couldn't ensure that everyone who needs an epi-pen gets one so we went around the system. that's what we announced today this. savings card is equivalent to catch. $300 so effectively we're cutting the price in half. >> reporter: many will argue this is not enough as the

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and welcome back to "world wide exchange" on cnbc.ara eisen. >> and i'm wilfred frost. very good morning to you from me as well. we lost around a quarter of 1% in the u.s. markets yesterday. quite a broad sell off. nine out of ten in negative territory. banks outperformed once again. some of the big banks, wells fargo, morgan stanley. slightly lower in the dow. nasdaq flat. >> going to add on the opposite end of the sprek trum, retail had a tough day after the aber com by and fitch sales missed. big disappointment there. >> let's have a look elsewhere around the world. european trade is for the most part positive. france, italy, and spain looking pretty good up around about half a percent. asia, it's been a strong week for the nikkei in particular as a strong dollar and weak yen has allowed the japanese exporters to rally. hong kong just below flat. >> you mentioned a strong month for oil prices. oil under a little bit of selling pressure this morning. wti hovers above 46. 46.19. those losses are sort of trimming. they're getting trim

here for a cnbc exclusive is patrick doyle, the ceo of domino's. mr. doyle, welcome back to cnbc. glad to have you with us. why are pizzas working when so many other quarters of the restaurant business aren't? >> you know, i think there are a couple of reasons. first of all, pizza tastes great. people love pizza. it's good value. if you look at it on kind of a per person basis. >> i agree on all of these points, by the way. preaching to the choir here. >> oddly enough i'm coming out pro-pizza on your show today, you know? but i think the other thing if you really look at what's been happening in the industry, the national players and i think led by us have figured out technology and how to bring technology in. so there's a lot of discussion across the restaurant industry on how to bring technology into the industry, how to do it at tabletops, order ahead into some places. the pizza industry and domino's in particular has figured it out it's the majority of our business, it's making it more convenient for the customers. and that's been a big part of driving our business the last fe

here is your cnbc news update for this hour.kish president erdogan meeting with russian president putin in st. petersburg. afterwards erdogan said that the two nations can rebuild their damaged ties and make them even closer. promising to back major energy projects with russia. he repeatedly called putin his dear friend. >>> the voyage data recorder from el faro, a u.s.-flagged cargo ship that sank has been recovered from the ocean floor. it caps a ten-month long effort to retrieve the recorder. nbc news reporting the trump campaign has yet to spend a penny on tv advertising during the general election. hillary clinton's campaign has now spent $52 million in ads. and outside groups backing clinton have chipped in with another $39 million. pro-trump groups lag with only $8 million worth of ad time purchased. >>> basketball icahn michael jordan pledging $5 million to the smithsonian's new african-american history museum. it's the largest donation from a sports figure to that museum. he also gave a chicago bulls jersey that he wore

cnbc's luisa bojesen is joining us live from london. tell us what we can expect from this report. >> yeah, good morning. i was just looking back, may 38,000 is what we had in may. june, 287,000. that blew us out of the water. this time around we're looking for somebody in between 180,000 is what most analysts are forecasting. which would be a solid trend. you're going to want to look at the dollar as well as equity market trade on the back of these numbers. the unemployment rate is expected to ease a little bit lower as 4.8% which would be taken as potentially good news as well. of course if the number is very strong, it could mean that we're looking at good news being bad news because then the fed could be on course to hike rates before the end of this year. so, that's the big one for this afternoon. now it turns out that trump's empire is taking a bit of a hit after he announced his candidacy. let me explain this. because foursquare, a tech company, they look at people's location data, and they've been out gathering all of this data t