courtney: does anyone want to it?e it yet though >> many of us in the room, foreign-policy experts, were not even being asked about it or it that said, i think given the configuration of the new congress when it comes into session, particularly in the house with the democrats, you will see much raters scrutiny of the administration policies across the board. it will be interesting to see how this plays out. there will be an effort among democrats, i think, to keep the embers of the jcpoa alive in some way, whatever way they can, and it will be an interesting dynamic when european colleagues, for example, come to washington and do their customary meeting also go to capitol hill, and now they will be sitting with the democratic speaker of the house and the democratic chairman of the house, foreign affairs committee care they will be talking about things like jcpoa and iran, and there will be a lot more agreement and there was six months ago. one can already kind of write pop outts that will when you see nancy pelosi tal

i'm courtney donohoe. this is bloomberg. you, courtney.orget to tune into bloomberg radio, the cable show with jonathan ferro and me. it got later today, 5:30 london time. you will find it on your bloomberg. if you are on the commute on the way home, you can find it on dat digital radio in the london area. this is bloomberg. ♪ berg. ♪ vonnie: it is the time you've all been waiting for, our global battle of the charts. you can see the charts on the bloomberg, just run the function g tv . we haven't all u.s. battle today. jessica summers. been under pressure lately, so i wanted to look at how hedge funds are viewing the content -- commodity. in white, we can see money managers bullish bets on wti, right now at the lowest in more than a year. at the same time, the price of wti falling 11% in october, continuing its fall into this month, concerns over demand and rising supply weighing on the benchmark. one more thing to look at, total fund positioning on wti. the lowest since 2015. that is because hedge funds are really not attracted to th

courtney reagan is standing by in secaucus, new jersey for you. >>> diamonds in the rough.lloff we found some stocks that have done well maybe stocks to be thankful for. orwi en ow you those names whe "wlddexchange" continues fundamenta >>> good morning stock futures are up, but only up 69 points the futures market has not been a great indicator. we were down yesterday, but not down 600 points like we were at one point yesterday. we lost 1,000 points on the dow in just two days however there are still some green shochutes out there, stocs to be thankful for perhaps because not every stock is down. we dug into our data and brought to you some cnbc names that have done well in the last month. comcast is up 2% not a lot, but up 2% is the new up 20% apparently. pepsi up 5%. intel up 8%. in the last 30 days, ulta beauty up 11% starbucks, we talked to you about them, jim cramer has been talking about starbucks, that stock up 14% and elon musk, he is giving you something to be thankful for tesla shares up 33% over the last 30 days so not every stock everywhere has been down. >>> t

and we have music from one of my favorites, courtney barnett.o you're here on an absolutely wonderful show tonight. before we get to that, the president openly celebrated violence against a reporter as saudi arabia lied about the death of a journalist. for more on this, it's time for "a closer look." ♪ [ cheers and applause ] tonight president trump traveled to texas to campaign for his former nemesis, senator ted cruz. trump, of course, famously called him lying ted during the 2016 campaign, but on his way to texas he was asked by reporters if he still felt that way, and he gave cruz a new nickname. >> is he no longer lying ted? >> he's not lying ted anymore. >> what is he now? >> he's beautiful ted. [ audience ohs ] >> steve: no. no, you can call ted cruz a lot of things, but beautiful is not one of them. ted cruz once took a picture with a butter cow, and the only thing that looked like it was melting was ted cruz. [ laughter ] trump is pulling out all the stops for the midterms to try to avoid the impending blue wave. and the reason these mi

let's check in on first word news with courtney donohoe.ourtney: polls show the democratic party is set to win a majority in the house of representatives. a cbs news survey projects democrats will win 235 seats in the house. still, republicans hope president trump's campaigning and tv ads will make a different. the president has rallies today in ohio, indiana, and missouri. granted eight countries temporary waivers to import oil from iran. the trump administration announced the exemption as it ramped up sanctions on the islamic republic. more than 700 entities were targeted. secretary of state mike pompeo spoke afterwards. >> the regime has a choice. it can do a 180 degree turn and act like a normal country, or it can see its economy crumble. we hope the new agreement with iran is possible, but until iran makes changes in the 12 ways i listed in may, we will be relentless in exerting pressure on the regime. courtney: the new sanctions follow president trump's withdrawal from the iranian nuclear agreement. the u.s. is pressing the united nat

here is courtney. courtney: more evidence of the housing market in the u.s. is struggling.es unexpectedly fell to the lowest level in four years. higher prices and rising mortgage rates are keeping more americans on the sidelines. president trump's former lawyer has pled guilty to lying to congress about a trump real estate deal in russia. they also agreed to cooperate with special counsel robert mueller. keep pled guilty to other federal charges in balding his tax businesses, bank fraud, and campaign work for the president. president trump said michael cohen is lying. president trump and president putin were due to meet this saturday on the sidelines of the g20 summit in argentina. in the last few minutes, president trump said he would not be needing his russian counterpart because of russia's -- over ukraine. growons continue to between russia and the ukraine. the kremlin denies that russia has post any restrictions. he sees them and the crews. 420 countries. >> we are now just closing out obviously where we sit with the auction process. we did so 10 minutes ago. let me s

. >>> courtney cox and renee zellweger were supporting nancy >>> courtney cox and renee zellweger were courtney cox and renee zellweger were supporting nancy ri let's face it, the world could use some warmth. ♪ no matter how much you clean, does your house still smell stuffy? that's because your home is filled with soft surfaces that trap odors and release them back into the room. so, try febreze fabric refresher. febreze finds odors trapped in fabrics and cleans them away as it dries. use febreze every time you tidy up to keep your whole house smelling fresh air clean. fabric refresher even works for clothes you want to wear another day. make febreze part of your clean routine for whole home freshness. ♪ >>> was this like a halloween party where you're a -- >> i swear. i walked into the party and the very first person walked up to me and asked me if i was a stay puff marshmallow man. i swear. look at that. i hate when that happens. >>> blake also told ellen today that he wasn't supposed to be a sailor. again wanted him to be mr. incredible from "the incredibles" but the costume was to

joining sus tim courtney chi investment officer at wealth viser. welcomback, nice to see you again. >>ch thank you very >> you have picked three ee eclectic pis, t first is starbucks you like it partly because of the expansion possibility anyplace china. >> yeah, they're opening about a store a day in china. that's a big growth venue for them. and als in the united states they're introducing new menu items and greater use of drive-rough which has been shone to increase steals in the u.s. >> another one we have -- i don't know how to pronounce this xoetis the we hea from money managers he liking companies inlved with pets, food or hoing. this is a vaccine company in animal health. >> with so many more dollars being spent for households on pets,- it's their earnings growth is low teens. and so very good. any alsoonade an acquisif a company that does diagnostics primarily f livestock but also household pets. that continues to be a growth area as more money is spent in thosereas. >> we both have pets. bothnt bill and i we s a lot on them for sure. and the third pick is xylem, the broade

courtney is here.ney: the most destructive fires in california's history could cost insurers and homeowners at least $19 million, that is on par with the destruction caused by hurricane michael. northern andn southern california have killed at least 31 people. more than 6700 houses and buildings have been destroyed. are making it tougher for firefighters to contain the blazes. in florida, the senate and governors elections have gone for recounts and that has gone -- the president we did the democrats are trying to steal both elections. but he offered no evidence. tosident trump's demands play porter wall may spill -- spoil congress is plans. they return for a lame-duck session hoping to avert a partial government shutdown. the president insists on ruling out he may insist on wall funding in exchange for funding registration 2 -- funding legislation. bigger bonuses are coming almost for everyone on wall street. stock traders, money managers and even being counters should mergers but if you are and acqui

here is courtney donohoe. >> u.s. retail sales rose by the most in five months.ales were up 8/10 of 1%. sign that hurricane florence may of propped up demand in september. u.s. regulators are taking steps type of vaping. retailers verify -- fda also plans to draw up a ban on traditional menthol flavored cigarettes and flavored cigars. aim atnt trump took special counsel robert mueller on twitter today. he called the inner workings of the investigation into russian election meddling a total mass. the president accuses his horriblyrs of threatening people to come up with the answers they want. 17 democrats reportedly have signed a letter saying that will not support nancy pelosi for speaker of the house. according to cnn, five others have said they won't back her but have not signed the letter. a spokesperson said she is confident she has enough support to be elected speaker. global news 24 hours a day on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm courtney donohoe, this is bloomberg. more in the

courtney for his opening remarks. >> thank you, mr. chairman. and thank you to the witnesses for their testimony here today. the c power and projection forces subcommittee today meets once again to consider a rash of tragic mishaps that have cost the lives of many service members. in 2017 we held a series of hearings and briefings to consider the causes, consequences and path forward following four ship collisions and groundings. alongside our partners on the readiness subcommittee, we conducted frequent oversight of this issue, and also guided through a number of reforms in the ndaa on surface ship procedure, which again we believe will reduce the amount of risks for these kinds of events happening in the future. as the chairman said, in the last year and a half, we've also seen three fatal mishaps across our air national guard, marine corps reserve and navy fleet. tragically these have taken the lives of 28 service members. we must come together and ensure the right focus is being applied to prevent similar mishaps in the future. as we've lear

some better news for head coach eddiejones is that manu tuilagi and courtney lawes both return to thead for saturday's test against the all blacks. olympic champion adam peaty could risk missing next year's swimming world championships if he opts to take part in a new competition. peaty says the controversial new international swimming league is "exactly what the sport needs". but the swimming governing body, fina, say all new events must seek approvalfrom them six months before they go ahead and it's warned any swimmer opting to race in the competition next month risks

i'm courtney donohoe. this is bloomberg.tocoming up, we go oil, take a look at how is moving in the u.s. and european markets, with our global battle of the charts. this is bloomberg. ♪ taylor: time for the global battle of the charts. you can see them on the bloomberg by running g tv . kicking things off in new york, joe weisenthal. joe: the big story of the day is that oil crash, pledging to multi-year lows today. i zoomed out a little bit. we also have the euro weakening. i thought it was striking how over the long-term you see a relationship between the euro and crude oil. the white line is the euro, blue line is accrued. a lot of relationships, reasons they would have a long-term relationship. the ecb is more sensitive and than theon it nation fat, so when you get a drop in oil, implicitly, more easy policy. europe is not produce as much as the u.s. and then you have the common denominator, both priced in dollars. you can see here at the end, with a plunging oil, you see a weak convergence between the price of oil a

i'm courtney donohoe. this is bloomberg. governor philrsey murphy and state officials holding a briefing on the response to the surprise november storms. saw numerous delays on the transit trains and buses, dozens of accidents around the state. you can watch the briefing on the bloomberg at live go. this is bloomberg. ♪ vonnie: from new york, i'm vonnie quinn. guy: in london, i'm guy johnson. this is the european close on bloomberg markets. let's talk about what we have from central banks. ecb president mario says although there has been a slow down in world trade there is no reason for the expansion in europe to come to an abrupt halt. he delivered the speech at the european banking congress in frankfurt. there is certainly no reason why the expansion in the euro area should abruptly come to an end. normal, aslowdown is expansions mature and growth converges toward its longer run potential. guy: mario draghi speaking earlier. we also had today richard clarida, the fed vice chair making some comments. esther kaplan as well.

let's get a check on first word news with courtney donohoe. president trump signed an order denying us onto micra to enter the country illegally through the u.s. mexico border. he says he wants people to come to the u.s. illegally. today's move was part in part from caravans of central america markets moving north. officials say it will apply to anyone caught crossing illegally. u.s. supreme court justice ruth bader ginsburg is out of the hospital. a spokesperson says the 85-year-old is doing well. she fell in her office wednesday and fractured three ribs. she missed a formal ceremony yesterday at the court for new justice brett kavanaugh. a supremever skipped court argument, even while undergoing cancer treatment. u.s. inflation rose at the fastest pace last month in six years. the producer price index was up .6%. broad gains in cost for goods and services, and concerns that consumers will face rising prices and supply chain disruptions. in northern california, tens of thousands of people have fled a wildfire that has destroyed hundreds of st

. >> donald green and billy ray courtney take their turkey seriously. >> i've been trying to let themll them get out of the way because he is not doing, but it is really not no right or no wrong, it is get in there, have fun. for the past 5 years these long time friends and neighbors have cooked this prethanksgiving day meal. it is part of community awareness resources editing, or care, donald and billy ray co- founded the nonprofit in 2015 as a way to serve the public housing residence. >> i have a passion towards helping residents or people in general. care feeds over 200 communitymembers at its yearly holiday feast free of charge filling both plates and whme here wwant you to have a positive attitude, want you to feel like you're at home, sit back and thank you. >>> she brought her entire family. >> i love it. i'm really grateful to see familiar faces. the officers and e community together as one so we're all joining in a big thanksgiving feast. san francisco police and firedepartments help carve and serve with a deeper appreciation for donald and billy ray's efforts they are the t

i am delighted to welcome courtney. courtney is the national [ inaudible ] on russia, north korea, and other national security matters, previously worked as a producer for mdc news. -- for nbc news. [ inaudible ] corning, -- courtney, thanks for doing this moderation. if you would please introduce our panels. >> thank you so much, paul. i really appreciate this. i am honored to be up here. i am honored to be at the conference and then with such a distinguished panel right now, and i had a whole set of questions, i am a chronic nerdy over prepare, and i have changed a lot of them. we are so lucky we have literally the most up-to-date view from the administration, from david hale just now. so i would like to start by introducing the panel, you know them all of course, so i will give a very quick intro. can at the end. a resident scholar. he works on middle eastern political military affairs, focusing on iran, iraq, and the gulf countries. he has held several positions at the sabin center for middle east policy, something

courtney: president trump resumed his tweets on america's border problems today.d mexico to deport what flag-waving migrants many of whom are criminals." president trump's tweet came after agents on the border used tear gas to disperse migrants trying to get them fencing and wire. get ready for six minutes of terror, i stakes plunged across the surface of mars designed to lead a successful landing of the mars insight today. the wrote is concluding a seven-month journey with a series of intricate maneuvers. mission canhe answer critical questions about the early days of the solar system. in trial gets unde -- underway in charlottesville, virginia. james alex fields junior is charged with first-degree murder in the death of 32-year-old heather heyer. accused of driving his car into a crowd of people. heyer was killed and dozens of others were injured. global news 24 hours a day on air and on tic toc at twitter powered by more than 2700 journalists and analysts in more than 120 countries. thank you very much. coming up, our global battle of the charts. emerging marke

courtney. on that i turn to our witnesses for their opening statements. >> thank you, chairman whitman. >> thank you for the opportunity to appear before the havoc subcommittee on sea power projection forces, on behalf of secretary wilson and chief of staff of the air force, i'd like to command you for the fy-19 nda efforts at the congress and the executive branch are able to continue on their current pace. we expect to have an fy-19 budget on time. first time in decades. that's not starting a year with a continuing resolution or worse a sequestered budget and that's a favorable start for fy-19. well done and thank you. >> as we review your draft legislation for the fy-19 ndaa we recognize the sacrifices that american families make. with committees like yours as our best supporters and guaranteers of that freedom we recognize the importance of hearings like today on c-130 modernization and safety. let me be the first to say that we would like to do more and go faster when it comes to modernizat

joining me is courtney cubii the national security and national report and ann guerin, a former pentagonondent and kevin baron, executive editor of defense one. and courtney, first of all, i know that secretary mattis has just spoken and you have been speaking with him as the other reporters have to get answers to questions of what the deployment is at the border and what are the rules of engagement. >> and that is right, andrea, and we have had a long extended off camera and on the camera session with secretary mattis where much of it dealt with the border issue, and lot of confusion about some new authorities that may now exist. secretary mattis said on the record that john kelly, the white house chief of staff signed a cabinet-level memo yesterday that now gives secretary mattis new authorities should they be necessary, and that is going to include potentially, secretary mattis kept stressing that this has not been requested yet, but should there be more use of force by the u.s. military along the border in protection of the custom border control agents there, he now has the authority

courtney, thank you for doing this moderation. if you would introduce our panelists. >> i'm honored, thank you so much. i really appreciate this. i'm really honored to be up here. for starters, i'm honored to be at the conference, then with such a distinguished panel right now. i had a whole set of questions, i'm a nerdy overpreparer and i changed a lot of them based on the speech we just heard. we are lucky we have the most up-to-date view from the administration from david hale just now. i would like to start by introducing the panel here. you know them all, of course. i will give a very quick intro. ken pollack is a resident scholar at the american enterprise institute, where he works on middle eastern political military affairs focusing on iran, iraq and the gulf countries. he's held several positions at the brookings institution, something that several of our panelists actually have in common here, the brookings institution, and he served twice at the national security council, first as director for near east and south asian

vonnie: here is courtney donohoe. courtney: another sign of rising mortgage rates is higher prices are keeping buyers out of the real estate market. new home sales in the u.s. fell to the lowest pace in 2.5 years. single-family home sales are of $544,000.l rate skated on solid footing in the third quarter. the gdp rose 3.5%. investment iness a bigger boost from inventory -- president says the global economy has reached a turning point. -- he toldmakers if lawmakers about the economy. union has unveiled its long-term vision for fighting climate change. you outlined a strategy for carbon neutral -- they outlined a strategy for carbon neutral issues. global news 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm courtney donohoe. vonnie: thank you. coming up, we are going to die into the market wars -- we are going to die into the market wars. we will hear from an interview about g.m.'s decision to close plants and cut u.s. jobs. this is blo

." >> my name is courtney. i only ate ice cream until i was 20 years old. >> sounds dreamy until you hear how it has taken a toll on her life. >> armed robbers don't realize cops are about to come swooping in. >> how the heat came at him from every angel. >> a bride gets a hit remix.reme why four-part harmony is great, usually. >> the buzz word for your shot to win a new ipad mini. and a suburban housewife in her natural habitat. >> this one in particular has 21 pairs of slippers. >> she claimed it as her own and she'll take it home as a prize. >> my name is courtney. i only ate ice cream until i was 20 years old. until i was hypnotized and now i can eat all sorts of things. >> it sounds like a dream come true. because she had this selective eating disorder or sed, this prevented her from ever going to restaurants or family social events. she was never able to go on a date with her fiance. my mom said ever since she tried to wean me off food, it had to be blended and super soft. >> she did eat some foods but pa

and courtney reagan reports for tonight. macy's momentum continues. the department store reporting growth on comparable sales for the fourth quarter and the expects the streak to continue into the holiday sson. the quarter got stronger in both sales and foot traffic as the weather gotr. col and macy's online sales grew doubleigits for the 37th quarter. as the retailer rains in discounts a to dree degree, the many consumer keeps buying. macies upping the forecast excting sales and earnings to strengthen further into the fourther qua macy ceo told me he thinks the retailer will beat the last year's hiday season growth sales rate which is when the winning streak began. he says the back drop for consumer pending is good. confidence is strong.in the.com bs is humming and our penetration is higher in the fourth quarter if. for stores we are going into tha fourther in a healthy place with momentum. vit some analysts and investors aren't ced the winning streak continues. >> they are investing in stores after a few years of investing in eco and the stores seem

an courtney raying isn't monitoring the crowds looking for the bargains at the mall in woodbridge, new jersey. >> hi qb court. >> hi, sue. here at the mall traffic has picked up as the day moved forward, despite the door buster deals offered on thanksgiving evening as departmen stores and big box retailers. black friday is expected to be the busiest day of the weekend on the busiest weekend of the year for retail. they say 70% of themericans ll shop this weekend. of that 70% more than 80% shop today. in store online or both. in fact we spoke to m shoppers who maye shopping until they drop. >> we went home, slept for four hours and left again at 5:30 this morning. we've been here since. leaving this mall woodbridge and heading to mental lo mallft this. >> and bed bath and beyond and anything else we can stop on. >> victoria secret, i think we go home first and drop off the. ba eat something, the left overs from yesterdaynd think about going again somewhere else. >> master card spending poll says $23 billion could be spent on this black friday. $2 billion more than last black volumeand 4

in order to handle the crush of shopper are prping today to makes sure things go smoothly onda f courtney reagan is at a kolls in new jersey for us today. >> reporter: retail workers around the country are getting stores ready for the biggest shopping weekend of the year. more than half of all aricans are expected to shop online in store or both at some point between thanksgiving and cybermonday. while black friday is not as big as it once because was because of the sales spretd over the weekend and online it's still expected to be the biggest day >> friday is more of an family event. traditi they spend a lot of time out together on friday. actually talking toon themer about 25% expect to shop on .hanksgiving. 70% to be in the is to store on friday. >> question we eat and get the girls ready and shop. >> i dinitely not shopping black friday not over the weekend either. i'd rather dt ionline. >> if you want to get a head start most retailers are offering door busters online early friday morning. but jenney opens first at 2:00 p.m. thanksgiving day. best by, koll's and macy as and target st

for nightly business report, courtney reagan in new york city. rs >>> and consure not just spending at wal-mart. according to this morning's monthly re sales figures they're pretty much spending everywhere right now. that's good news for the economy. since as you know the consumer makes up a ver large chunk of economic activity. steve liesman has more. >> the forecast from a lot of economists calls for the economy to slowdown. but so far consumers haven't gotten the memo. the gorernment rd that retail sales in october grew 0.8%, 3 tenths ahead of as consumers spend with abandon. the report came after retail w behemothal-mart reported a blowout earngs and upbeat guidance for the coming months. the data confirmed the upbeat assessmentf the economy by fed chairman jerome powell who spoke before the da was release zbld we have 3.7% unemploymen the economy is growing at 3.7% there is gd reason this think we continue in a positive vein like that. he state leased about of the economy right now. >> the government retail report showed strength inau s, dep

courtney kreider reports.atssome call it the disaster after the disaster.natspiles of donated goods...going in the dumpster.natsvolunteers sending a message "america-- stop sending us your old stuff."after all-- people who don't have homes-- don't have anywhere to store a closet full of clothes.dennis mccourt / volunteer:"what we need is no more used clothing. if you'd like to help, please don't bring used clothing. we have so much used clothing. what we do need is new clothing, bedding, pillows, toiletries, hygiene kits..." courtney kreider / reporting: "volunteers tell me they're just trying to get these survivors of this fire what they need but people showing up with truck loads of donations, as far as from san diego, don't understand."randy young / pastor:"our church, we cleaned and washed everything at the restaurant and got brand new stuff in here and they won't take it. i drove 15 hours up here from yesterday and i'm kind of frustrated. i'm a man of god so i shouldn't be but that's frustration."pastor r

courtney will be the moderator and will introduce our panelists >> thank you so much. i really appreciate this and i'm really honored to be up here. i'm honored to be at the conference with such a distinguished panel right now. they had a whole set of questions and i'm a chronic verity overpeer and i have changed a lot on this. we are lucky we have literally the most up-to-date views on the administration from david cale just now. like to start by introducing her panel to know them all. ken pollack at the end a resident scholar at the american enterprise institute where he works on middle eastern political military affairs focusing on iran iraq and the gulf countries. held several positions at the stephens center from the brookings institution something that several of our panelists have in common here. he served twice on the national security council first as director for near east and south asian affairs and as director for the persian gulf affairs and did time as an analyst at the cia. derek chollet is executive vice president senior adviser for security and defense

>> i agree with what courtney brought up and what you've talked about over the last hour. it's not about what's happening now, the retail management team, the businesses are performing and performing digitally and in stores, some of that is the economy and some is the hard work a lot of the retailers including target did in terms of investing in 2016 and '17 when the business model wasn't working all that well so that really created a tailwind to top line and frankly to return on capital coming into this year and it's starting to -- i wouldn't say wear off or consumers are convincing themselves of something that will happen but it's looking out into next year, that sugar high -- >> so the -- >> i think that's what the conversation is about. >> the brief rise we saw in retailers, is that about as good as it gets it looked like a winning sector until early this fall and that's when arguably the consumer was probably at its best and we thought things were coming up roses for the economy. now we're looking forward to already saying the consumer might fall off, there might be e

courtney, good morning. you really had to look at how the markets are doing recently. there's light at the end of the tunnel we may be getting an end here. we may see the markets and take off. in your opinion it is data dependent. you're watching the day of the incoming data. and it's housing and volatility. we will hear more from him. this is a decision that they're gonna make independently of the president you think there is a clear split between the two. what's going on behind closed doors and if one is maybe influencing the other. the data really has been showing that there is some reason here to slow down interest rates in the economy is really at a healthy standpoint right now. inflation is where we wanted to be. in the fact that they don't have to grow or slow down the economy at this point is all really good positive signs that the economy is in a good place right now. it was 11% in change before mr. foul came out yesterday and made those comments. if we do have at the december rate hike which it looks like it's can happen if we have a three next year does that

courtney is in queens. in crystal city, and has more about basing hq2 there, too, diana. >> reporter: the same reasons they chose long island city, you're miles from downtown interesting that amazon is saying these are high-paying jobs, $150,000 on average. the median home price is $600,000 different from long island city, here in crystal city you have a lot of space you walk around, see a lot of vacant retail, office space. they will have a lot of space to move in here jg smith is one of the biggest owners and operators here. looking to buy homes that they would flip or rent to amazon employees. what they're not saying is how many would be hired from this market as opposed to those who would move into this market. there's a big high-end boom in apartment construction there's a lot to soak up the governor of virginia saying that virginia put together a proposal for amazon that we believe represents a new model of economic development for the 21st century this area is not new to tech, though we've seen a lot

we got black friday coming up this week. >> big day for the retailers and for you court, thanks courtneyg pete to you first. because target down 10.5%. >> still love it. >> still love it. >> look at the traffic numbers and comps appear over 5% that's amundsoning. >> double box. double box put it on what did i say to you last time? what did i say to you last night these are tripping over each other get you your digital stuff. >> the digital growth is over 49%. it's over 70 of the the last two years appear given up some on the margin because of that they added to inventory. and people voo that as negative. maybe they are getting in front of the holiday season where they have the strong consumer. >> if they don't this is what courtney said the compares i got to tone down a little bit >> the wife is still watching. here is the issue, right we have the all important holiday selling season they had difficult compares. if they don't cut -- if they don't come in better than expected what do you think happens the first few quarter sns not only that how many billions in inincentive did amazon get

back to you, melissa. >> courtney, thank you courtney reagan at kolls with so many retails deep in theed. we thought it would be time for a game. >> a confusing game. >> game. known as shop it or drop it. i will say a stock, such as best buy if you like the name you say shop it. and you will see this. if you think it is a pass, a sell you don't want to own it you drop it and you see this all right. great got it. >> got it. >> how you doing well. >> do i have to go first. >> we'll use the best buy example we walked through down 25ners in the last three months shop it or drop it. >> you know as karen and tim seymour. >> he is not playing he can't. >> in baseball or in sports if you are shopping a player you're trying to get rid that have player. >> same with companies. >> shopping. >> but not on "fast money," no, no. >> shop it means something i want to buy. >> put in the bag and take home. >> like amazon shopping cart. >> add to cart. >> drop it means get rid of it. >> best buy. >> yes. >> drop it and you want to say wait a second, this is reasonable, the stock is obliterated seems to h

best buy is a winner there, barely courtney reagan, breaking down the numbers in this ugly reaction.> there's a lot more than that, sara you would think retailers are putting up really weak quarters. in the big shopping weekend that's coming up that's not the case. expectations are high after a strong retail run, that really started last holiday season. target's earnings missing analyst's estimates. comparable sales, they fell shy. i'll give you that but up 5.1%. digital sales up 49% that's actually the strongest they've ever posted. traffic, up more than 5% in the quarter at target. now the retailer reiterated its four-year forecast it didn't up it. if it performs to its fourth quarter expectations, it will have the strongest annual comparable growth in a decade and all-time high for earnings, but margins are pressured from the cost of fulfillment and bringing in more inventory for what they expect would be a strong holiday quarter so on a target media call i asked ceo brian cornell if he believes that the consumer is as strong as he has seen and reiterated to me in october. quote,

twice. >> what does that slime do, courtney >> what does this slime do ten magic surprises in here.e to wait and see we'll have to open it up looks like it comes in different colors and changes colors, you can collect. yeah, there's a lot to do here >> wow i mean, i tell you, courtney, seeing those packages fly by behind you look at the speed of those things going behind you. it's amazing >> isn't it amazing? we have to be really careful we have to move our equipment when we're not live. there's a high volume going through here >> thanks, we appreciate it. >> you got it. >>> online sales surging to records this thanksgiving weekend. let's get some spperspective on what the numbers mean for the rest of the holiday season welcome. good, as always, to see you. what do you make of these numbers and what are they for the rest of the selling season >> i think the numbers are good numbers. and i think it argues very well. i think, obviously, consumer confidence is very high. unemployment as we know whether it's 49 or 50 years low. people are feeling good about things there was a terrific b

courtney. >> hi, tyler in year retailers black friday plans are about voens and offering online dealsn advance. wal-mart is offering helm almost all the black friday deals online on wednesday, november 21st at 10:00 p.m. eastern time. that's 2 hours earlier than last year and hours earlier than targets's online door busters starting early thursday morning. in store wal-mart's deals start at 6:00 p.m. thanksgiving day, the same as last year. process but shoppers can fuel up with free could have pea appear cookies starting at 4:00 target opening at 5:00 an hour earlier and staying open an hour later than last year best buy, kohl's macies opening at 5:00 p.m. jcpenney leads opening at 2:00 on thursday evening both will have associates with mobile technology to lessen the time you wait in line. amazon, target and best buy, they're waiving minimum purchase for free shipping throughout the holiday season wal-mart is sticking with a $35 minimum for free shipping. kohl's sticking with $50 and macies at $99. wal-mart and best buy are offering door buster deals online today other retailers have

joining me now, nbc news national of security courtney kubie.on in north korea and the president said they're inaccurate. are they inaccurate? >> this is based on a report by a washington, d.c.-based think tank and no, they have satellites that seem to be military bases where north korea's still developing, working on actively pursuing some sort of missile technology. we don't know exactly what that means, of course. we don't know if that means they're continuing to build more icbms. the reality is they were already an icbm nation when they stopped testing in 2017. and the agreement that president trump and kim jong-un came to was specifically about nukes, their nuclear testing, not about their missiles. so while in fact they actually -- it seems all intelligence analysts, people we talk to say both of their programs are continuing -- >> the nuclear program as well? >> yes, but the reality is they didn't make an agreement on the missing testing. >> even though there was this big dog-and dog pony show in singapore and agreement and piece of paper

courtney is at the nasdaq with more >> hi. >> let's look at walmart first we have black friday next week we have an awful lot of very important earnings to get through first. if you look at the revenue and the earnings it was a mixed quarter. it is because of this currency drag the shares are lower by about 2% it actually took some analysis walmart raised the adjusted earnings forecast. it is the fourth quarter when you do some math it actually implies an earnings per share of 124 to 134. analysts were looking for 134. it is a bit conservative shares are lower about 2%. that might be why. walmart has logged 16 straight quarters of same store sales growth in the u.s. coming in at 3.4% for the most recent quarter. it was above analyst estimates e commerce at 43%. it is the strongest rate we have seen so far this year. it is a small percentage estimated to be under 5% so that is one thing we need to pay attention to j.c. penney reported a loss of 52 cents a share revenue disappointing. jc penney pulling new guidance they want to give them time to dig in and see if they need to reassess that

i am courtney donohoe, this is bloomberg. vonnie: coming up, we are back with -- are joined by senator tim scott of south carolina and his take on tariffs, mueller and lots more. this is bloomberg. ♪ vonnie: from new york, i am vonnie quinn. guy: in london, i am guy johnson. this is the european close on bloomberg markets. vonnie: the debate on the top four for the federal reserve. the former governor weighed in. >> the sluggishness in inflation and the fact that we seem to be hitting a bit of a plateau, and we can anticipate that, as the effect of fiscal stimulus runs the lag effects of monetary policy click again, the economy becomes more vulnerable to a moderate external shock. vonnie: joining us is neil mackinnon. we have those comments and clarida speaking today and talking about policy normalize a shin. he is not talking about gradual adjust its. what happens next year to the u.s. economy and the path of federal reserve -- federal reserve rate increases? neil: it is a crusoe question. the money market -- it is a crucial

fighting to courtney stop and bob or one of the many google fights that are walking out today and thoughts are with anybody with a very in any form of. or misconduct. similar protests were organized at google offices around the world last week the company disclosed that it had fired forty eight employees including thirteen senior executives for sexual harassment in recent years in london bad weather kept most of the demonstrators inside but some braved the elements to take the protests to the public. so we walking out to support fully any workplace it's up to the restaurant and to ensure that the right is protected for rewarded google employees in singapore and tokyo as well as in cities in the u.s. including new york and the google alphabet headquarters in california also walked out one of the key demands of the walkout is an end to forced to betray sion which is used to stop complainants from suing or going public demonstrations come after a new york times report alleged that google is still paying a ninety million dollar golden parachute to a senior employee who was dismissed for sexual

courtney reagan is live in woodbridge, new jersey, where a black friday update.oitte says 81% of shoppers that plan to shop this weekend will do it today 70% in store, half online. of course some folks will do both adobe expects today will be another huge record-breaking day online $5.9 billion today alone that's up 17% from last year target says that two times as many black friday orders are going to be picked up in its stores this year compared to last year. just a good example of shoppers using both ways to shop, just one retailer like target, walmart store door busters were thanksgiving evening. chief merchandising officer steve bratsby says phones, toys, gaming consoles, cookware and tvs were the most popular deals. shoppers we spoke to are far from done. as a matter of fact, some are just getting recharged, ready to come back out for the day after being out last night and traffic is only expected to pick up from here >> i want to kohl's 12:00 and it was packed. >> we started about 7:00 we started at target, walmart and kohl's we're leaving this mall and hea

on first wordk in news with courtney donohoe >>. authorities say the gunman who alled 12 people was 28-year-old former marine who may have had ptsd. the hooded attacker walked into a crowded country music bar and opened fire. he later apparently killed himself. he has been identified as ian davis long. wasshares department says i called to his apartment in april and saw him acting irrationally and angry. ruth baderrt justice ginsburg is in the hospital in washington. reports say she fell in her office last night and fractured three ribs. she is 85 years old. a longtime critic of the russian investigation now has the power to fire robert mueller. president trump has named justice department chief of staff matt whitaker to be acting attorney general, replacing jeff sessions who resigned at the president's request. the president frequently criticized sessions for recusing himself from the investigation. first-time applications for unemployment benefits in the u.s. fell slightly last week. initial jobless claims are close to a five-year

fighting to courtney open bothering one of the many google fights that are walking out today and. with everybody with the clarion any form of call. or misconduct or. similar protests were organized at google offices around the world last week the company disclosed that it had fired forty eight employees including thirteen senior executives for sexual harassment in recent years in london bad weather kept most of the demonstrators inside but some braved the elements to take the protests to the public. so we will thing out to support fully any workplace that has something to arrest them and to ensure that the right is protected or rewarded google employees in singapore and tokyo also walked out and protests were planned in the united states one of the key demands of the walkout is an end to full stop attrition which is used to stop complainants from suing or going public demonstrations come after a new york times report alleged that google is still paying a ninety million dollar golden parachute to a senior employee who was dismissed for sexual misconduct in two thousand and fourteen

i'm courtney donohoe. this is bloomberg. >> thank you.on't forget if you are on your way home, tune into bloomberg radio. jonathan ferro, top of the hour, we will tune in to listen to what has to be said today. interesting to get goldman's take on the financial markets at the moment. you can find us in the london area and of course you can find us on your bloomberg device. this is bloomberg. ♪ the s&p is a lot. a lot of flaws with the dow jones industrials but they knew the s&p in terms of the fact that they have been going down as well. the retail sales in the united states tracks along with the markets. there's no real effect from what happened the stock. there was a study that showed there was no real relationship between stocks, retail sales, and consumer spending. look what happened since the great recession. both went down and the dow has been on a tear, way up. managed tos have kind of stay in a range. only the last few months with tax cuts, that they have started to go back up again. no real danger from the economy, not going to h

. >>> the holiday shopping season officially kicking off today our courtney reagan is looking at whated to be a positive shopping season what have you seen at the mall >> hi, sara. what we're seeing is definitely traffic picking up i don't think it's even hit its peak you know where it was strong online sales up 28% that actually makes thanksgiving day the fastest-growing day in retail history online. that's impressive. so far black friday sales are also on pace to grow 28%, which means we actually could meet or pass last year's cybermonday today. here we talked to a lot of shopper. they're far from done. as a matter of fact some are making multiple transcription. -- trips we started at target t. >> went to h & m, victoria's secret i think we'll go home first, probably eat some leftovers, and probably think about to go again somewhere else >> i spoke with steven lobovitz. he says traffic is building through the day, more consistent than last year didn't see the lull between 7:00 and 9:00 a.m. that they saw last year macy's tells me it sold 40% more coats this year, diamond studs are s

courtney spoke to kevin hassett, one of the president's top economic advisers.owth for next year. but economists are expecting it will drop below 3%. the warning signs are there. we did a comprehensive analysis of corporate givings. $180 million was given to congressional candidates. it's slightly wagered towards republicans, but the sector breakdown is actually very pronounced, oil, gap companies heavily weighted towards republicans. the tech sector is heavily weighted towards democrats. it's a fairley common picture, but the analysis itself is worth paying attention to because it is comprehensive. >> so outside of the money, we got the final push here when it comes to the closing arguments in the coming days. >> this election is a choice between republican results and radical resistance. it's a choice between greatness and gridlock. it's a choice between jobs and mobs. and it's a choice between an economy that is going strong and the democrats who are going crazy. >> all right. so we've heard these contrasts right there in the president's words. what's your ta