dollar wheel tax? that's bologne having it. angry taxpayers blast the county budget plan calling for a 60-dollar per car wheel tax. milwaukee county executive chris abele says it's needed to fund public transit... and road construction. angry speakers at this morning's public hearing suggest it's one fee too many. pete zervakis took in what they had to say. about 10 speakers turned out here to the mps admin. building to weigh in on the county's proposed budget for protest the 60 dollar vehicle registration fee - or wheel tax - included in the county executive's budget proposal. 60 dollars is a steep fine against the taxpayers of this county it would generate about 27 million in new revenue... to help fund the county's transit system... and repairs for insfrastructure like roads and bridges. but speakers at this hearing say they're sick of additional fees and taxes. you're going to get people to move out of this city and if you put this wheel be the first one to move out the state already charges a 75 dollar registration fee. an

gold in dollars is down by 4.6%. the wreck trick from fed officials seem that a rate hike is on the cards for december. what a wonderful divergence. vonnie: thank you. let's check in on a bloomberg's word news. >> and afghanistan, a police official says he will have been killed in a suicide car bombing in the capital. the official said the attack happened in the city and that can police officers and four civilians were killed. the city has been under attack by taliban militants who officials say enter the city earlier in the day. two missiles says were fired in the direction of an american destroyer. the uss mason in the persian gulf. officials say they came from territory held by shiite rebels in yemen. the missile fire comes after a ballistic missile launch from yemen apparently targeted a saudi airbase near mecca. it was the deepest strike yet. and for president francois whole lot since he is not yet decided if he will meet with president vladimir putin when the russian leader comes to paris 90's from now. thatois

- including outside money has outspent team trump $220 million dollars to $85 million dollars over the airwaves (sot: hillary clinton/ (d) presidential nominee :55-1:01) "it's going to be a close election, pay no attention to the polls, don't get complacent."(sot: donald trump/ (r) presidential joe - n ont seno dollars or vis ll thahave on her closing argumentstephan - trump has not been a traditional can we expect for a closing argument? new season at the bmo harris bradley center.bucks opener is tonight against charlotte. team executives say they've worked hard to improve the fan experience. they've rolled out new food items plus a new bucks pro shop kiosk. tip off for tonights game is at seven. still ahead on live at four... the big box store offering free shipping now through the holidays.also ahead...the thmoiday workers right iring w, if you're in the need of z25koz zvpz y2oy yvpy just in time for the holidays... target is offering free shipping now through january first.in store, there now offering 18-hundred new or mid-november, shoppers can save 10-dollars off a 50-dollar purc

manus: what is next for the dollar? the dollar has risen for five straight days.r overall this year has dropped. this rally in the last five days has eased the pressure on the dollar. --t 42017 in your opinion let us say 25 basis point by christmas time -- what does that do for the dollar trade? >> i think the dollar goes up very slowly. there is not a big move from here. the big move is behind us. but given that the fed will be tightening through 2017, that may be a body us and other central banks will be on an easing bias. i think the dollar will move up gently, but nothing more than a 3%-5% move. anna: here is some breaking news in the energy sector. saysrench energy giant they are going to be selling their specialty chemicals unit to carlisle, a private equity group, $3.2 billion. a big deal coming through. 11.9 times is unadjusted. a big deal coming through on the energy sector. it back to the question around the fed. in terms of the dollar and where fedoes, tie that in to the and its actions and the election . have you seen things paying out for the dollar i

radar, we arerisk seeing dollar ascendance. does that play into dollar-yen.he dollar is seven month high. does that tried -- does that trajectory and a virgins continue for you? -- trajectory and to divergence continue for you? patrick: an extension of qb from draghi in december. you have had a resilient economy somewhat in the u.k.. anna: patrick, to you very much. patrick armstrong will stay with us on the program. manus: how could virtual reality disrupt product design. we have an exclusive conversation with a software systems ceo. this is bloomberg. ♪ anna: and welcome back to bloomberg daybreak. -- 104.43 is3 where we have dollar-yen. we talked a little bit about the overnight trading session. edition of daybreak is available. on your bloomberg. let us take a look at the top stories. the cover story. manus: it is twitter. it looks as if there is potentially more job cuts on the way. planning hundreds more job cuts according to a person familiar with the matter. 8% of the be around workforce. he will link about 300 people set to be let-- go. between a rep

." ♪ i need a dollar, dollar, dollar, ♪ ♪ that's what i need ♪ hey, hey ♪ i need a dollar, dollar >>dollars. we're going to leave you can cents. welcome to "the halftime report." scott is out. i'm brian sullivan. apologies in advance. your top trade this hour, king dollar. is the recent rally in the greenback the most important thing for the markets and your money right now? if so how do you invest around it? with us for the hour today, says joe terra nova, jim levinthal, john and pete najarian. kate moore, chief equity strategist at black rock. much to get to this hour. we begin with the greenback. the dollar index extending recent gains again today is now hitting its highest level since march. the euro falling to its lowest level since july, and on some levels the british pound falling to its lowest level against the dollar in decades. could this dollar strength ultimately be bad for u.s. stocks? kate moore, what do you think? >> one of the things we were excited about in the second half of 2016 was the lack of the headwind from a much stronger dollar, and here we are getting a lit

that's up more than 800 dollars from a year ago. the price of cars is jumping twice as fast than the cost of living. it will cost you more than ever... to withdraw money from an a- t-m. after ten straight years of increases... the average fee for using an out-of- network a-t-m is now 4-dollars and 57-cents. that's an all-time record high according to bankrate. if you do the math.. that means withdrawing 50- dollars will cost you nine-percent in fees! financial experts suggest using your bank's app... to help find nearby in-network atm's... and avoid those fees. in just a few minutes... the candidates for vice president... will square off on stage. how tonight's debate could be much different - from the recent showdown between donald trump and hillary there's the nevada way. play by the rules. pay your taxes. and then there's the danny tarkanian way. penalized for failing to pay thousands in property taxes. ordered by a judge to repay $17 million in a failed development scheme. worse, tarkanian refused to pay it back, sticking taxpay

oil outperformed the dollar.k that the dollar adjustment to the fed is something we saw two years ago. and it ended probably six months ago. but if anything, 2% move in the dollar until otherwise we get a more decided signal, is nothing for me to be concerned about. >> so you think it's already pricing in a december -- >> absolutely it is. >> so flat down -- >> i think we should be talking more about the ten-year. look at the ten-year, the 200-day, bouncing off of what used to be resistance on the ten-year, 174, 175. rates are going higher, i don't think they're going a lot higher. those are the things -- if rates start to shoot up dramatically, the dollar is really going to rally. if they just go up subtly, it's very good news. >> so can gains for the green backe continue? the commodities king says yes. dennis gartman and publisher of "the gartman letter. >>" i think the dollar wants to continue to go higher for one reason. nobody paying much attention to the fact that the most important aspect of what the dolla

dollar. the reassurance from the better economic data in the u.s. and some fed speak that we'll get an interest rate hike has been driving rates higher. there we sit this morning, just above 1.80. we'll see how that reacts to industrial production and other data releases out today. >> the other bond move to mention today, gilt, the ten-year is seeing the highest yield in our memories. >> your independence day. >> it's important to know the strength after the vote, we saw a big pushdown in yields as people sought safety in terms of bonds relative to other assets in the uk. the yields are going the other direction highlighting that people just want to dump uk assets no matter what. so the bonds, the safest of them, are seeing selling yields ticking up and it's compounding the ongoing misery. >> it also leads to what central banks can do about it if we start to get inflation or growth. >> that's another reason why we are seeing yields tick up. bonds being sold because the question is, will we se

turning to the fx market, a stronger dollar story, with the dollar index kissing a seven-month high. david: here is what you need to know. china's exports dropped the most since february, raising more questions about a possible slowdown in the world's second-largest economy as the u.s. federal reserve moves closer to raising interest rates. the challenge to brexit in the u.k. high court begins today. a judge is hearing arguments that prime minister theresa may does not have the authority to trigger article be on her own, without an act of parliament. john stumpf, who built wells fargo into the world's most valuable bank, stepped down as chairman and ceo following public outcry over millions of fraudulent accounts open for customers who never asked for them. he faced a barrage of calls for change over the last several weeks. >> i am fully accountable for unethical sales practices in our retail banking business, and i am fully committed to fixing this issue. >> he needs to be held accountable, as does the rest of his senior management. jonathan: just the beginning of the process. >> i

joe who is earning minimum wage which is a dollar -- a dollars and five cents -- $8.05.aller: this is one of many -- because mrs. clinton is going to raise minimum wage. mr. donald trump thanks $7.25 is a lot of money. if you look at the record of donald trump, he hires contractors. contractors hire cheap labor. aliens orre illegal undocumented people. that is the whole borderline. hypocrite.p is a he says i am going to deport all of the illegal aliens while he is hiring illegal aliens in his companies. contractors. contractors hire illegal aliens. that way donald trump his hands are clean. the contractor to court, but not donald trump. his hands are going to be clean. the contractors, they can go to jail. they can go to the courts. point.erger let's get -- heard your point. good morning to you, ed. caller: thanks for taking my call. like so many other issues in this country, i feel everything can be fixed if they ever fix the tax codes. daughter16-year-old who just started her first job. she is 16 and a junior in high school. every two weeks she makes about $140. after

you guys look like you have a dollar. >> thank you so mu >> i need a dollar, a dollar, a dollar. ? that's what i need ? >> you got a dollar, dollar. >> can i sing with you? ?? >> i'm sorry to interrupt your game. i will give you chess advice, if you give me a dollar. >> sure. >> how to play? dollar. >> i love your briefcase. >> you do? do you mind giving it to me? you'd rather not. that's fine. thank you so much. i really appreciate it. five minutes. do you lap to have a dollar? >> does anyone have a dollar? one dollar? >> four quarters? >> you have a dollar. thank you, thank you so much! >> i really need a dollar. the clock is ticking. >> thank you so much. i really appreciate it. >> thank you. [ laughter ] >> donna got -- by the way, pointing out donna gave the dollars back to the people who gave them to her. >> of course she did. how can we all be persuasive in our own life. >> i can't believe how good donna was. here to help you whether on the phone with customer service, trying to get promoted at work, megan murphy, executive director of "good housekeeping" magazine. >> and 11

dollar. >> the driver of what's happening in the dollar is the other end of the yield curve. assume the date of this got the federal reserve meeting and the labor market report on friday. by the time we come out of the get that would only sentiment of a few tenths of a percentage point from where we are now. it's not a big shift. u.s. yieldsrise in is what the underpinning the dollar more than anything else. if we continue to see that the path of least resistance is still a stronger dollar. what happens with the other central banks is equally unsurprising. it is significant to me that what the bank of japan has done cap japaneseis to government bond yields. u.s. yields are moving higher. giving the room for dollar-yen to move higher. goldman sachs offers a different look. take a look at the bloomberg. the idea is we are back at levels that we saw in the beginning of 2015. we are near levels we saw in the beginning of the year. financial conditions are tightening. does this change the monetary divergence thesis? >> at some point if we go much the fed wouldnly be concerned if t

dollar. -- the surge in the dollar.s on holiday for a week, the bloomberg dollar spot index was about one cent. we saw the pboc weakening the fixing. they avoid weakening me yuan -- the dollar.inst that is causing domino effects on its positions against other currencies. this is a problem for the pboc. let's not forget that currencies do trade in pairs. has been draining funds, so what does this have to do with it. >> they have been in the market aggressively, so they have tried to strengthen the hold on the currency and the money markets, so they have moved to add daily open market operation. they've been doing it every day since the beginning of this year, so they have tightened it read the good news for the currency is if they are draining money from the money market, the currency will not decline to much. that said, the money market rates don't seem to be reacting a lot. it had risen a lot before the chinese holidays, but has come back to reasonable levels. i think what the pboc is doing is managing fx markets. ther

probably about 10 dollars a foot, labor and material, so 300 dollars worth of work was done."...krivitz never came back, even after repeated texts, emails and phone calls..."he was pretty much a pathological liar from day one."detective thomas caseyot "initially he told me that he started the job, but he ran out of materials."and told detective casey that he had the rest of hunn's money.then the story changed..."he had 16- thousand dollars in his vehicle and it was stolen." police don't buy that.they're looking at the possibility that it went to gambling. "we've done some research in to his gambling and there's a substantial amount of money that he has spent in the past six months."leading police to think there may be other recognizes this contractor or have had any dealings with him, i wish they'd come forward, because it will help." you can call waukesha police or your own local police department...at 5...i'll tell you what police suggest doing if you're looking to hire a contractor. i'm outside wauk police headquarters right now, el, cbs 58...b/m back to you. harley davidson is cutti

the dollar-yen. 104.57 on the dollar-yen. this is a currency were going to watch.s psychological level. have a look at this chart. 2010.akes you back to or beloww well above it, that is an inverted chart. how long do we stay at these levels? that depends on what the fixing will be. haidi: thanks. let's get to first word news with paul allen. thai and stocks and the currency fell sharply after concerned about the king. the monarchs health is unstable. the prime minister returned to bangkok and the crown prince cut short a trip. uk lawmakers have agreed that parliament has the right to examine the government strategy for leaving the european union. the house of commons approved a motion, but the vote does not give him peace the right to vote on brexit negotiating tactics. theresa may says she will trigger article 50 and start the process by the end of march. samsung cut third-quarter profit guidance because of the note seven crisis. is down fromfit 6.9 billion, and the company also cut a quarterly revenue forecast. wells fargo shares jumped on the nice -- news that t

the dollar continuing its strong week. up around about 0.4% against the dollar.ecent move against the yen. well above 1.04. the pound slipping. joining us is paul sheard chief global economist at s&p. thank you for joining us. >> good morning. >> let's talk about the dollar strength and we hear from janet yellen later today. is it purely predicated on fed rate hike expectations or is there more fundamental strength in the economy that it's looking at? >> i think those two are related. the u.s. economy obviously has been doing better than many of the other major economies. unemployment is down. the fed has been holding back on rate hikes. i think the markets can see an economy that's set to strengthen in the second half. certainly given the problems in europe and with brexit and the u.s. is looking much more attractive in those terms. >> set to strengthen, but despite a massive downgrade in gdp forecasts from the imf. does that tally for you as well? >> those forecasts really are backward looking. the first half did come in weak, about 1.1. i think this year we're

ron johnson paid himself seven hundred thousand dollars a year. all told, then moved to washington. where he fights against even the existence of any federal minimum wage. millions for him. not even $7.25 an hour for us. senator ron johnson. for big corporate interests, another accusation of sexual assault against the republica candidate. what two other women are now claiming. and --- more of hillary clinton's emails are leaked. how president obama is getting drawn deeper into the scandal. it's nice to wake up with temperatures well above freezing after the cool mornings we had at the end of this week. although we have a warm afternoon in store, it looks like cloud cover will keep our highs from reaching 70. we'll still have a strong southwest breeze from 10-20 mph and gusts closer to 30 mph this afternoon. today: mostly cloudy and breezy with rain and storms possible tonight. high: 69 dewpoint: 60 wind: accusation of sexual assault against the republican presidential candidate. the trump campaign says it's preparing material to refute the allegat

do you lap to have a dollar? >> does anyone have a dollar? one dollar? >> four quarters? >> you have a dollar. thank you, thank you so much! >> i really need a dollar. the clock is ticking. >> thank you so much. i really appreciate it. >> thank you. thank you! >> bam! [ laughter ] >> donna got -- by the way, pointing out donna gave them to her. >> of course she did. how can we all be persuasive in our own life. >> i can't believe how good donna was. here to help you whether on the phone with customer service, trying to get promoted at work, megan murphy, executive director of "good housekeeping" magazine. >> and 11 people skills to get you everything you want, the author. >> hi, guys. >> i will say growing up my parents used to say, you can't right? >> for sure. >> maybe not everything, but you can get a lot of what you want if you do it right. >> go through some things. certain everyday things we all go through and the art of persuasion helps. let's pretend you're on the phone with customer service. like, i was yesterday with a cable company. like yesterday, on hold an h

he had.sony bought it in march for 750 (m) million dollars. dollars. rounding out the top five hightest-earning celebs... who have died- peanuts creator "charles schultz"... with 48 (m) million dollars.- arnold palmer.... with 40 (m) million; -elvis presley with 27 (m) million.-and prince with 25 (m) million. 3nats nats disney rules the movie world! with more than two months left in the year... disney has broken its own international box office record... bringing in more than three-and-a-half billion dollars. led by the 745-million-dollar overseas take of "captain america: civil war."and disney still has three more big movies on the way in 20-16: the marvel flick "doctor strange"...the animated adventure "moana"... and of course "rogue one: a meteorologist michael schlesinger has a check of the forecast.. 3 ((???1:15 seconds??)) ((???tease ahead??15???)) ahead??15???)) today...cooler. partly sunny in the morning then clearing. highs in the upper 60s. northwest winds 5 to 15 mph. tot. in the upper 40s. northwest winds up to 5 mph. wednesday...partly sun

data boost the the dollar.nna: some relief for the boj, it comes as speculation swirls of the bank of japan dipping its toes into foreign bond purchases. still with us, jeremy stretch with, cibc. we have some other data that suggest the chart, if you actually look at the hedge funds positioning themselves, the next three months positioning for strength. jeremy: i think you're absolutely right. kuroda sitting in japan hoping very much against hope that the fed step up to the plate and do indeed raise rates before the end of the year. that will provide a dollar-yen, and help alleviate some of those inflationary pressures that continue in japan. so i think it is not just about japan, they are hoping the fed the liver, because the bank of well. also hoping that as that is interesting. but it is as any to look at the way the market is positioned because it is rather counterintuitive. and i think we have seen this perception that those that have been focusing on strong gains, proved to be unfulfilled. they were unful

dollar. a report coming that the boj may scale back its inflation forecast for 2018 to about 1%-one .5%. when you look at the japanese yen, a lot of the weakness we have seen is down to the dollar strength. a point when you look at the spread between u.s. treasuries, for example, and point -- have got to a i think we have a chart that shows you. the spread between these two has come to a point where it is very hard to ignore. that is the number one indicator many people say you should watch, because so far, it is widening, and the spread has really favor the u.s. dollar. if it goes further from here, it may have gotten a little bit too far. in the mix, the boj of course influences, because inflation targets may be scaled back. yvonne: thank you. some of the largest china focused hedge funds are reversing losses they focused -- posted earlier this year as the stock market recovers. with industry soon be making a comeback? shery ahn is taking a look at some of the big players. reporter: some st

gold prices fluctuating to two sentiment toward the dollar, -- due to sentiment or the dollar.the run-up to the rate hike, it is likely we will see weakness in gold. we are not saying a dwindling appetite. even this week so far, we're seeing continued -- mark: rate hikes are not going to derail. >> no. when you see a rate hike or prior to rate hike, the dollar tends to rally. after that, it tends to sell off. it is, like by on the rumor, sell on the news. that is what happened in december 2015. we are seeing that replay this year. price week in terms of and the dollar strengthened. that will probably continue to be the case until december 14. chart, james.this this is one of my favorites. this basically tells us money managers and other large speculators are cutting their net long positions. the yellow line, the last couple of weeks. data going back a decade. it has been quite significant. the other chart is gold etf holdings, which as we have said, are rising. there is a divergence. >> the money managers is reflecting i think a lot of sentiment of the market. that chart looks

dollar. we have seen the dollar come back a little bit lately, it seems to be breaking out of its range. the point't get to where u.s. companies have to worry about it? fair and a true relationship that makes logical sense. i do think there is probably a realization that brexit is not a fairytale, but the interesting takeaway to me is the u.k. 10 year yield, 60 basis points at a time when the ftse made an all-time high. thele would say, if you get basis points back, we would get a crash. it may not mean anything. the dollar and 97 is not posting any risk. it is in a lot of ways in response to a lot of uncertainty. the dollar is your safe haven trade. >> we also have the political campaign in the united states. in politics, is it finally coming to the markets? >> is civil. it is politics, we will just have to wait until november. i think the polls have such a strong story in may be less about presidential uncertainty and much more about the house for instance, or the senate here maybe that is

dollars." dollars."as of right now - no charges have been filed--but the report is now part of a d-c-i investigation cedar rapids is asking the state for money to work on collins road. road.the gazette reports that the city is asking for one- traffic headaches on the busy r. road.right now -- nearly 40- thousand vehicles drive on collins every day -- and traffic is expected to keep inc. increasing.the city is looking to spend up to eight-and a half million dollars to deal with congestion -- as well as biking and pedestrian amenities. amenities.earlier this year -- plans were scrapped to widen collins and create an underpass near lindale mall. the city tells cbs 2 news they were concerned with the impact that kind of major project would have on businesses and drivers. "we made the decision pull construction...take a look and see what we could do to shorten the construction time-frame and bring those costs down." down."the city says it is asking the d-o-t commission to re-authorize that funding f

against the dollar, sure. this could be attributed to the dollar strength as the yuan has weakened there. that red band is the weakness of the yuan versus the dollar. but the circle part down there since june at least we've had relative stability of the yuan against the basket of currencies including the euro shall the yen, and others. that is the reason there is not as much volatility. basically the offshore yuan touched the lowest level overnight in new york as far as data back to 2010. onshore it is also weakening against the dollar the lowest in six years. and it is interesting. you can see why that they're allowing this. since october 1 that just happens to be when the yuan was included in the i.m.f. basket. since october first the yuan has weakened against the dollar every session except for one. >> as you said a lot of this is on dollar strength. it sort of takes a little bit rhetoric we've heard that there is no basis for sustained depreciation. how much will officials be willing to tolerate? >> that's

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dollar compared to the hong kong dollar against the dollar. the calm before the storm coming. there will clearly be more volatility. the charts might change if the market decides to pop up, but i don't see a lot of reasons for markets to fall off. i see more upside risks than downside. david: we are closing in on 99 on the dollar index. at some point, we will have to talk about how this pushes rates backup in 2017. >> traders are still thinking currencies are up, but there hasn't been that much inflation coming through. so currency moves have actually been a free ride. the question is how long will the dollar go positive. it's having a bit of a struggle moving out of these levels, but it's not something people want at the moment. the rest are just having competitive devaluations. is interesting how the macro economics is working out on that. david: the big story is the alternate move in the renminbi, but you still think the chinese yuan is strong. >> i think it is strong. if it was more freely convertible -- and of course, that must be so. the

dollars.tor reveals a of inquiry into hillary theton's e-mails, and democratic nominee may be losing some support. a survey found around a third of voters say the news makes them less likely to support clinton. state isr secretary of still holding a lead, down from 12 points ahead last week. this is bloomberg. asian marketsthe are shaping up this morning after that political bombshell on friday. which we were waking up to more solid footing, but it is what it is. let's take a look at the fix -- vix. when gdb camey, out -- gdp came out. a political to risk. take a look at what is happening across the few markets that are open right now. you have australia and new zealand. india and the philippines are shut today. you can see a fair amount of risk aversion in the markets. futures are down on the s&p, we are roughly at session lows. you have yield on its way down. when you have stocks on the way down, bonds are up, yields are up, futures on the way down. how we are likely to open in japan, there

dollar. the yen was weaker. that afforded some help before the nikkei 225 and some support from a weaker yen. we were up at the close by about 84 points. gold miners got hammered, because of the stronger dollar, three-month low. that was a drag on the australian benchmark. the other factor was oil. we are hovering above 50, $51 a barrel basis brent. that's constructive for the energy sector. but i hasten to add in a macro point of view, it looks as if -- it's a big if, but it looks as if we're finding a flaw around the current levels. if they are sustained that only has inflationary expectations, implications, but also implications for central bank policy over here in emerging market context. that's where we stand. become to you. >> sri, thank you very much. >>> wti crude, as he has just been talking about and brent hanging on to these gains. spot gold, 1,272. when you look back from december, we've gone to 1,000, then the region of 1,375 in july, now leveling off. a lot has to do with the dollar repositioning a

dollar still pushing up.e a look at the ringgit, down .4%.- the other currency pushing to the downside is sterling. have a look at that. 122.25. you look across other majors as well, weakness coming through for the euro, 109.04. op, ae dollar, big p little bit lawyer. i want to mention something about oil. this is something you need to watch closely. have a look at brent prices. signal, what this show shoe is we are calling it the secret signal of oil. it measures the spread between , the different contracts time spread, if you will. this measures the spread between the price of the december contract and what you have next june. what it shows you is that further down the road, contracts further down, much more expensive this time around, so there is an incentive created to sit and store oil instead of selleck. that is something you want to watch. thanks, david. some breaking news out of south is out withotors its third-quarter results. this is what we are looking at. 12.7lidated sales of trillion won. through

dollar, particularly the trade rate dollar.y move 18 months ago and really destabilized a lot of the global economy. brought hrp this is dollars. stirling is going the other way. thehave the strength of rubin dollar and on the right side, the recent strong move. reticence towards rate hikes, do you assume stability in the u.s. dollar? steven: we would argue two things. the first is that the biggest driver is the fed and the policy divergence between the u.s. and other countries, which is pretty extreme. that will probably continue. in the short-term, we would argue it has gone a bit too far. if you put those together, we expect a pullback in the short-term. that is probably a by opportunity. as we go into 2017, we see the e back to current levels. it is dependent on not just said rate hikes but whether we get the policy divergence of the fed hiking and further easing from the likes of the ecb and the bank of england. anna: steven, thank you for joining us. steven saywell joining us from bnp paribas. breaking news from the heath

the sterling dollar is one story. you have a dollar-yen. i think it will remain choppy and we will see a lot of really up-and-down price movements without really going to far in the near term. nejra: thank you, richard jones. david: a bit of breaking news on the bloomberg, one of the fiercest corporate reveries between boeing and airbus. boeing is said to have one in $18 million contract from qatar air. airbus to a list 1.6% intraday. this is bloomberg. ♪ david: we are watching pictures of u.s. secretary jack lew. looking at financial inclusion. joined by the governor of the people's bank of china and the world bank president as well. to watch that, you can watch it at bloomberg live go. minister hadinance harsh words on brexit from the imf meetings in washington today. he spoke with francine lacqua and highlighted some of the sticking points between the u.k. and the eurozone. >> i would say from eurozone perspective that growth is not good enough, but it is continuing. it has been upgraded slightly by the imf for this year and next year. t

and those celebrating plan will spend nearly 83 dollars -- up about 8 dollars and -50 cents from last year. british rock singer rod stewart can add a new name addition to his accomplishment s.steward was knighted by prince william at buckingham palace yesterday. the raspy- voiced singer was honored "for services to music and charity." the 71-year-old star will now be able to call himself sir roderick david stewart. bond... james bond... something you might hear daniel craig say once again. after "spectre," craig's fourth film as "double-oh- seven," came out, he said he would no longer take part in any more bond films. but in a recent interview, craig said quote.... "i've got the best job in the world. i'll keep doing it as long as i still get a kick out of it." end quote. on live at daybreak on today's tmj4:divine intervention? how a former nfl q-b turned baseball player-- helped a fan suffering from a seizure-- at the ballparkalso-- is this the year? the chicago cubs-- dominating social media this morning-- with an incredible... ninth inning stunner. what you missed-- if you went to

ron johnson paid himself seven hundred thousand dollars a year. all told, he took a ten million dollar corporate payout then moved to washington. where he fights against even the existence of any federal minimum wage. millions for him. for big corporate interests, not wisconsin. they say a lot of things about rain. like how hard it's gonna fall. the things it does to your parade. we've got a saying about rain, too: when it rains... it roars. the all-wheel-drive charger. domestic. not domesticated. now get 20% off msrp cash allowance for an average of 8,000 in savings on select 2016 charger r/t models celebration in west virginia -- where thousands of people come out to wa but not everybody makes it all the way across... ...because dozens of them jump off! every october -- base jumpers are welcome to dive off the 900-foot bridge. some travel from all across the country to have the opportunity -- without getting in trouble. "it's illegal any other time, so today while it's legal, we try to get as many as we can in." "it's nerve-wracking, even if you

we filled 15 trucks yesterday and collected 130-thousand dollars .. thanks o the great generosity of our community. and we checked in with the food bank of central and eastern north carolina today .. and found six of those trucks have already gone out into the community. officials say even though our drive really helped out a great deal .. the relief efforts are far from over so a few cans of food - can bring you a full day of fun. tomorrow is food lion hunger relief day at the north carolina state fair. fairgoers get free admission with a donation of five cans of food lion bra food. hunger relief day benefits the food bank ofentral and eastern north carolina. the goal this year is to raise 210-thousand meals, or 250- thousand pounds of food. wake county schools -- rolling out '52- thousand' new laptops and tablets for students. high schools are the first to get the devices. by the end of next year... all core classrooms... will have at least one laptop or tablet f e say the new devices mean teacher won't have reserve time in a computer lab or send st

it is more the dollar story.we came close to approaching the friday levels which a lot of people were saying it was in effecting or maybe it was how negative we position the market. rishaad: nobody knew what those low levels were, were they? it wishes freefall. view was that it was a stoploss order, probably significant stoploss order. arehat time, most markets out, except australia. you have a sizable stoploss we had thee time worst liquidity of the day, and that order can trigger a series of stoploss orders, and that brings down the 10% freefall. it's only two minutes, right? it is a huge volume trader. touched 1.18. there is a big debate how low it , but it is computer-related because of stoploss. haidi: thank you so much for that. ,t was a brutal night across fx yen strength, dollar strength. rishaad: thank you so much. alibaba tightening its counterfeit policies to gain trust from consumers and industry associations. rishaad: what exactly are they doing here? are making it easier for brands to issue complain

entry is nine- dollars per car.. with a two dollar discount for nevada residents. everyone is encouraged to wear their halloween costumes. we hope you'll join us for this year's southern highlands fall festival. this fox5 take 5 to care event is happening saturday october 22nd from 11 to 3. it's at goett family park in southern there will be a costume contest and trick or treating entry is free! we are all hoping this nice, mild weather will last longer.... but we know it won't. so we're heading outside for "get outdoors nevada day"! what you can do celebrate. and you can celebrate get outdoors nevada for them. all the fun details after the break. state lawmakers hey guys. i called you all in because i just had an idea. state lawmakers brunch. allday, every day. brunch? that's great! where'd you get that idea? well... sweetie? you know what we're craving right now? crispy chicken, and fried egg, with bacon. like brunch. 's 8pm and it's tuesday. huh, i wonder if my mother would like to stay with us... should we get started? who wants coffee? introducing my new brunc

three thousand dollar reward for information leading to an arrest. an update to a horrific crash on m-l-k boulevard in brandon wednesday night. we're now learning that ?five people were killed... including a mother and her two young children. the highway patrol says 22 year old "pablo cortes" was going too fast and lost control of his car. it went over a median...and hit a mini-van ?head on. the impact killed 9 year old john bernal and 10 year old isabell bernal.. it also killed their mother...marianella at the scene... along with his passenger... 19 year old jolie bartolome. we spoke with family members on both sides of this accident: grief counselors have been at mango elementary...where the siblings attended school. three other people were also hurt in the crash...they are all still in the hospital. the campaign trail came to a ?screeching halt last night... for v-p candidate mike pence. his plane skidded off the runway at new york's laguardia airport. about 40 passengers and crew.. including pence, his wife, and his daughter were on board. thankf

it was bought for 24 and a half million dollars. the new owners hope the renovations will grow the neighborhood and bring in more foot traffic. coming up, the c-d-c is switching things up... why your teen should only be getting the h-p-v vaccine twice instead of three times but first, here's a live look from_. meteorologist jesse ritka is forecast, next. i'm russ feingold and i approve this message. you know, seven hundred thousand dollars in the scheme of things... is a pretty reasonable compensation level. ron johnson paid himself seven hundred thousand dollars a year. all told, he took a ten million dollar corporate payout minimum wage. millions for him. not even $7.25 an hour for us. senator ron johnson. for big corporate interests, colder air continues to pool in from the north this late afternoon and into the evening. skies will be partly cloudy but should see enough clearing to allow temperatures to drop into the 30s. a frost advisory has been issued for much of se wisconsin, excluding ozaukee, milwaukee, racine, and kenosha

but i think the dollar itself -- it's more likely that the dollar would pause if there were pressureerging markets than because of anything that happens on the dollar side per se. >> steven englander, thank you very much for joining us. energy is my chart of the week. best performer in the s&p 500. >> i don't think i got one. i think microsoft. >>> good morning, comedian in chief, the candidates take a moment to roast each other at the al smith dinner. the best lines straight ahead. >>> shares of microsoft soaring straight ahead on better than expected results and cloud revenue. >>> and a cigarette deal in the works. british american tobacco offers to pay $47 million for the stake of reynolds american that it doesn't already own. apparently somewhere people still smoke. friday, october 21, 2016. "squawk box" begins right n s r. >>> live from new york where business never sleeps, this is "squawk box." >>> good morning. welcome to "squawk box" here on cnbc. i'm andrew ross sorkin, along with joe kernen and michelle caruso-cabrera. the dow looks like it will open off 16 points. the nasd

so tonight's jackpot is back to ten-thousand-dollars. coming up on "the now milwaukee" at 6:30:flourishing fungus around wisconsin...why you might see more mushrooms popping up right now. the battle round continues at 7 on "the voice." that's followed by back-to-back episodes of "timeless," and more local news on "live at ten." one more reminder, volunteers from several organizations are in our phone bank to answer your questions, and give you deal with and resources to deal with domestic violence. they'll take your calls until i'm russ feingold and i approve this message. you know, seven hundred thousand dollars in the scheme of things... is a pretty reasonable compensation level. ron johnson paid himself seven hundred thousand dollars a year. all told, he took a ten million dollar corporate payout then moved to washington. where he fights against even the existence t even $7.25 an hour for us. senator ron johnson. for big corporate interests, not wisconsin. >>> tonight, trump's rigged charge. down in the polls, donald trump goes all in