good to be here. >> farhad manjoo joining us from "the new york times."g again of alibaba make sure you tune in tomorrow, executive vice president will be with us for a first on cnbc interview and that begins at 9:00 a.m. eastern time. >> shares of facebook in the green ahead of that company's earnings this afternoon. what should you expect from the social network when it reports after the bell? we have a few answers for you a little bit later on. first, rick santelli, what are you watching today? >> of course it's our fed day, second day, we're going to get a statement today. we had an important central bank meeting last thursday with the ecb. and the markets interest rate markets in the states have moved into a range. we're going to play defense in the ranges after the break. i'm going to call it deranged. tune in. ♪ [ radio chatter ] ♪ [ male announcer ] andrew. rita. sandy. ♪ meet chris jackie joe. minor damage, or major disaster, when you need us most, ere. state farm. we're a force of nature, too. ♪ we're a force of nature, too. grand prix race car