do you have five jokes for joe kernen?for the nantucket -- >> i've got a question and then i'll ask my final question after becky. >> bob, quickly, there was news on eye boar yesterday. the uk government digging into the libor scandal trying to figure out if it impacted others in america, as well, gold and beyond that. what they're doing with these moves is trying to shore up investors credibility and ks in the market. and i just wonder where you think that stands right now, how much investors trust us, how much they should trust it, what the state of the entire benchmark setting practices are in the uk right now. >> to be honest, becky, i haven't followed that at all. >> okay. bob, my question, i guess, has to do with the -- you know, what you've sort of been through over the past six, seven, eight years. it was tough enough in this country for bankers, obviously. and then i think about you being over -- i mean, in france, what is it, they even cap the salary of bankers. and i used to tell you in england, you're never goi

i'm becky quick along with joe kernen and andrew ross sorkin.here is a big deal in hoops that's happening. kevin durant is sticking with the swoosh. he will stay with nike in what could be a $300 million endorsement deal for the next three years. under armour getting stuffed on that. >>> let's get to andrew. we have breaking news on dollar general and family dollar. >> thank you, becky. we do have news this morning. dollar general is planning to raise its all cash bid for family dollar to $80 a share. here is what's happening as far as we understand it with people according to the situation. dollar general will be offering to divest up to 1500 stores if required by the ftc. now, before they had offered 700 stores. this even though dollar general says it believes that the pledge to divest those 700 stores as part of the proposal provide more than enough to clear any regulatory review. it includes a $500 million reverse break up fee. and the important point there is to ensure how confident they would be. it's a long, sordid story. skoe and i have

i'm becky quick along with joe kernen. andrew is off today. there is rain in the forecast here in the new york city area. that is adding to some of the drama around all this hoopla. we're going to have a live report from the bronx and more on what jeter's second act would be away from the baseball diamond. that will be later in the show. in market news, the dow is back in positive territory for the month. the s&p and nasdaq both have more work to go to get to that point. dow futures up by about 14 points. s&p futures down slightly and nasdaq up slightly. august durable goods. then at 11:00, the kansas city fed survey. >>> apple having a rough week after, you know, a couple of good weeks, after that new intro. reports are flying around social media about problems with two of the company's new products. first, there was what we talked about yesterday, there it is, bend gates and it cracks after you try to put it back. >> iphone 6 buyers claiming the device can bend when placed in back pockets. it depends on your weight when you sit on it, i guess

i'm barack obama along with joe kernen and andrew ross sorkin. we are coming to you live from the first annual clinton global ishtive conference in new york city. let's of state all getting together to talk about issues of social change. later this morning, president obama will be addressing this meeting. coming up at 11:00 a.m. eastern time, we have an interview with the host of the conference himself, former president bill clinton. that will air live right here on cnbc. we have a new lineup, the ceo of american standard and nrg energy. former secretary of state madeline albright. black stone's president, tone know james, and we'll cap it off with dpaer white along with actor matt damon. >> so we have a lot to do today. let's talking about breaking news overnight. american fighter jets going into syria and bombing isis targets. the u.s. did warn american fighters in advance. five arab partners are involved. the pentagon confirms they went after 20 targets. fuel depots, weapons spots and traini ining sites. israel shot down a fighter jet after it

i'm becky quick with joe kernen and andrew ross sorkin.have more on the september 11 commemorations today but first let's start with the markets this morning. right now looks like the futures are under pressure. s&p futures down by just over six points. and the nasdaq down by about 12 points. also been keeping track of what's been happening with the 10-year. we had watched that yield on the 10-year pickup for five straight sessions. this morning sitting at 2.525%. >> and it's a day of highs for the dollar and lows for crude oil. brent crude has touched its lowest point in 17 months. supplies have been on the rise this morning cutting its demand for this year and next. meanwhile the dollar is at a six-year high against the yen. and the dollar index is on a track for six consecutive weeks of gains. traders are speculating the fed might raise rates sooner rather than later. we're going to talk about that in a little bit. it's been a light week for economic reports, but we have several of note today. the labor department, they're going to be o

i'm becky quick along with joe kernen and andrew ross sorkin. what's left of tropical storm o did he o is dumping a tremendous amount of rain on the southwest. some areas of new mexico have been hit with a couple inches of rain. another 3 to 6 inches of rain are expected over the next couple of days. the region is at high risk for flooding and property damage. after weeks of speculation about change, the fed deciding to stick with the status quo. the central bank telling investors that it is near the end of aets purchases and reiterating that it will not hike interest rates for a considerable period. >> i want to emphasize that there is no mechanical interpretation of what the term considerable time means. and as i've said repeatedly, the decisions that the committee makes about what is the propose time to begin to raise its target to the federal funds rate will be data dependal. >> all right. seems confusing enough. but the bulls do seem happy enough with the fed at least for now. the dow closing at another record. you can see up by about 25 po

i'm becky quick along with joe kernen and andrew ross sorkin. preorders for the iphone 6 are off the chart. the applewatch has people talking and everyone with itunes got a copy of u2's new album, songs of independence. that a half a billion accounts around the world. it turns out, though, that not everybody is a u2 fan. we'll explain the sour note apple hit. >>> investors will have to wait until the end of the two-day fomc meeting to legislature what the central bank has to say. some policymakers expect to drop the language that says that the fed will be keeping rates low for a considerable period. if that happens, the market is likely to interpret it as a sign that we are getting closer to rate hikes. you have to wonder what that would end up doing to equities. investors, take a look, you'll see the nasdaq off by about 48 points. it had its worst session since the end of july. facebook shares falling nearly 4%. although you can see the last pick on that was up by about 0.25%. this came after the company raised -- after the company's shares hav

i'm becky quick along with joe kernen and andrew ross sorkin. we are coming to you live from new york city. by the way, that music there, that's the theme to boardwalk empire this morning. that's the day after joe and andrew painted the town red last night. >> pink. >> we'll talk about that. we spent some time together. andrew, you know, that is a big story. >> we had a lot to do last night. >> we did. here we are. >> this was fun. >> this is the premier of boardwalk empire. it's hbo's hit show going into its final soap. plenty of selfies from you guys last night, too. >> a lot of selfies. >> including one with the show's star, steve bushemi. >> i to this take think those were only flashes. none of those cameras had any film in them. >> when you walked the red carpet? >> yes. and to get that many people to cooperate, to pretend -- >> they were not pretending. >> well, they weren't, but we did get introduced and they were like -- because -- what happened is you were so late because you didn't know where the bridge was, you were so late that all th

i'm becky quick along with joe kernen and andrew ross sorkin. believe it or not, there is a bit of a chill in the air in the east coast this morning. only ten days of summer remain. is that right? yeah, okay. 22nd. but some parts of the country are getting a blast of snow, believe it or not. up to 10 inches in some places. we'll tell you where later in the show. >>> we are focusing on the consumer. the headline number expected to rise by 0.6%. when you strip out autos, economists forecast a smaller increase of 0.3%. other economic reports of note today include import/export prices at 8:30 eastern time. later in the morning, we'll get september consumer sentiment and july business inventories. by the way, the dow and the s&p are on pace for the first weekly drop in six weeks. the nasdaq, though, is poised for a sixth straight week of gains. andrew, good morning and i'll send it over to you. >> thanks, becky. we've got corporate news for you this morning. it is a very big day for apple fans. new orders to the iphones are officially on today and th

i'm joe kernen along with becky quick.ere was an emergency on a jet blue flight. a plane was leaving southern california when an engine apparently exploded on the airbus a-320 a few minutes after takeoff. the cabin was suddenly full of smoke. you can imagine being on this. passengers grabbed for oxygen masks. once the plane completed its emergency landing, passengers jumped down the evacuation slides and four people were treated for what were at least minor injuries. jet blue says it's still investigating what went wrong. >> have you ever been on a plane where the oxygen masks drop out? >> i have never. >> i haven't, either. >> the closest i've been was just about maybe 500 feet off the runway and pulling out because there was another -- too close or -- >> another plane? >> i don't even think it has to be right on. anything in the air is disconcerting, obviously. >> we're glad that everyone is okay. also some unrelated news from jet blue. the airline is getting a new ceo. that change has been widely expected. david barger

i'm becky quick along with joe kernen and andrew ross sorkin. new jersey governor chris christie taking steps to save atlantic city and add more revenues to the state's coffers. it could mean allowing sports betting casinos. we will talk about that later in the day in sports in just a minute. right now, we are less than seven hours away from the big apple event. shares of the tech giant have fallen about 4% in the last week ahead of the expected products announcement. since 2007, there have been seven iphone announcements and the stock has fallen on four of those days. shares have been averaged small gains in the week or two following the introductions, but, of course, that's because a lot of stuff leaks out ahead of time. a lot of expectations are built into this. check out this chart, though. apple is up nearly 3800% in the last ten years. we're going to talk more about this store with the tech giant in just a minute, but first, andrew, over to you. >>> general mills is buying organic foot food producer annie's. $46 a share in cash is the pric

i'm becky quick along with joe kernen and andrew ross sorkin. there are more haunting images coming out of the middle east. radical militant group isis killing another american journalist held captive. the latest video shows the beheading of 31-year-old steven sotlov. that militant, once again, taunting america. following the gruesome execution, a militant masked man is shown holding another man by the collar. that man is said to be british citizen david hanes. president obama is in europe today and in the last hour addressed the latest act of terrorism by isis. >> like people around the world, americans are repulled by their barbarism. we will not be intimidated. their horrific acts unites aus a country and stiven our resolve to take the fight against these terrorists. those who make the mistake of harming americans will learn that we will not forget and that our reach is long and that justice will be served. >> global markets paying attention to that, but right now, reports of a sear fire whips up stocks and securities. the office of ukraine's

i'm joe kernen along with andrew ross sorkin and michelle caruso-cabre caruso-cabrera.rview coming up with chicago fed president charles evans. but first michelle has top stories. >> an occupation which started in the early hours of sunday. police have moved in to contain the massive crowd. >>> pimco trying to stem outflows today in the departure of founder bill gross. the bond giant seeing $10 billion in withdrawal since the news first broke. and some say it could hit $100 billion or more. it is being felt far beyond the pimco doors with treasurying being hit. in corporate news, check out shares of dreamworks. looks to be a big winner today. softbank is offering $32 per share for the company. >>> markets coming off a roller coaster week. a correction could be coming down the trap. >> more volatile till peeking back in the market. it's something we outlined in the last hour. triple digits every day last week including thursday when b we saw that brood selloff. the dow, s&p 500, and the nasdaq. economic growth concerns of fraud. we've got the feds shifting monetary polic

i'm becky quick along with joe kernen and andrew ross sorkin.st time warren buffett has been to a professional fight this weekend. remember this shot of the two of them. it turned into a profitable night for buffett and a host of others. it had nothing to do with the fight. we'll explain that a little later. first look at what's happening with the futures this morning. first time in six weeks the equity markets ended lower. you can see this morning some red arrows. but these are modest declines at this hour. the s&p futures down by less than three points. the 10-year has continued to see that yield pick up. 2.6% we're watching this morning. >>> already looking ahead to the two-day fed meeting that will close wednesday afternoon. the policy statement coming out at 2:00 p.m. on wednesday. also corporate headlines this morning. alibaba could be on the verge of the largest ipo in history. it will increase the size of its planned ipo. alibaba expected to price on september 18th and begin trading the next day. so friday is going to be a big one. also

i'm barack obama along with joe kernen and andrew ross sorkin. we are back at headquarters with lots of stories this morning, including one coming up about a bendable iphone. the new iphone 6 is a bit thinner, but is it supposed to be this flexible? we have that coming up later in the show. let's start things off this morning with the markets. the dow is coming off its first back to back triple digit loss. this in over three months. small caps continue to struggle. the russell 2000 is now nearly 8% off its record high back in july. down another 1 % yesterday. if you take a look at what's been happening in the markets this morning, the futures are indicated slightly higher, ever so slightly for the s&p futures. it's fractionally higher. dow futures look like they are up by about 14 points above fair value. andrew has some of the morning's top stories. andrew. >> we have corporate news this morning. pfizer now reportedly making another run at an inversion. this time holding takeover talks with activists. but "the wall street journal" reporting that

i'm becky quick along with joe kernen and andrew ross sorkin. the dow, the s&p and the nasdaq all coming off their biggest drops in a month. if you check out the futures this morning, you'll see that equities at least at this point look like they are indicated higher. dow futures up by about 46 points rights now above fair value. s&p 500 up by close to 4 points and the nasdaq up by just over 10. the bond market is grabbing a lot of attention this week. the yields on the ten heavy year treasury rising above 2.5% again finally. also, oil prices, something we've been watching closely have been a lot of pressure on oil prices in the last few weeks. this morning, up slightly 26 cents to 93.01. apple t buzz stock of the week. the stock saw nearly four times it's volume yesterday in volatile trading. in the premarket, it's down by about 37 cents. andrew, over to you. >> thank you, becky. we're going to break down apple's big show and tell. two new iphones, the much anticipated apple watch and payment systems. u2 teams up with tim cook. on this day afte

i'm becky quick along with joe kernen and andrew ross sorkin. e are coming to you live from new york city. by the way, that music there, that's the theme to boardwalk empire this morning. that's the day after joe and andrew painted the town red last night. >> pink. >> we'll talk about that. we spent some time together. andrew, you know, that is a big story. >> we had a lot to do last night. >> we did. here we are. >> this was fun. >> this is the premier of boardwalk empire. it's hbo's hit show going into its final soap. plenty of selfies from you guys

i'm barack obama along with joe kernen and andrew ross sorkin.coming to you live from the first annual clinton global ishtive conference in new york city. let's of state all getting together to talk about issues of social change. later this morning, president obama will be addressing this meeting. coming up at 11:00 a.m. eastern time, we have an interview with the host of the conference himself, former president bill clinton. that will air live right here on cnbc. we have a new lineup, the ceo of american standard and nrg energy. former secretary of state

i'm becky quick along with joe kernen and andrew ross sorkin.his morning with some breaking news from the scandal plagued envelope. the minnesota vikings have reversed their decision to reinstate adrian peterson. now they have placed peterson on the exempt commissioner's list that means he will have to stay away from the nfl activities while he addresses child abuse charges. this could mean that peterson misses the rest of the season as the case goes through the court. this decision comes as more sponsors like budweiser are speaking out about how the nfl is handling these off field issues. coming up, we have a sponsor that says the culture of the league is broken. an exclusive interview with bob mcnair, coming up at 6:30 eastern time. right now, let's get to andrew.

i'm barack obama along with joe kernen and andrew ross sorkin. back at headquarters with lots of stories this morning, including one coming up about a bendable iphone. the new iphone 6 is a bit thinner, but is it supposed to be this flexible? we have that coming up later in the show. let's start things off this morning with the markets. the dow is coming off its first back to back triple digit loss. this in over three months. small caps continue to struggle. the russell 2000 is now nearly 8% off its record high back in july. down another 1 % yesterday. if you take a look at what's been happening in the markets this morning, the futures are indicated slightly higher, ever so slightly for the s&p futures. it's fractionally higher. dow futures look like they are up by about 14 points above fair value. andrew has some of the morning's top stories. andrew. >> we have corporate news this morning. pfizer now reportedly making another run at an inversion. this time holding takeover talks with activists.

i'm becky quick along with joe kernen and andrew ross sorkin.ere is a big deal in hoops that's happening. kevin durant is sticking with the swoosh. he will stay with nike in what could be a $300 million endorsement deal for the next three years. under armour getting stuffed on that. >>> let's get to andrew. we have breaking news on dollar general and family dollar. >> thank you, becky. we do have news this morning. dollar general is planning to raise its all cash bid for family dollar to $80 a share. here is what's happening as far as we

i'm becky quick along with joe kernen and andrew ross sorkin. >> we will hunt down terrorists who threatenuntry wherever they are. that means i will not hesitate to take action against isil in syria as well as iraq. this is a corporal of my presidency. if you threaten america, you will find no safe haven. >> we will break down what the president said and talk about the military options on the table in just a few minutes. in the meantime, let's take a look at the markets. stocks closing off the highs of the session yesterday.

i'm becky quick along with joe kernen and andrew ross sorkin. dow, the s&p and the nasdaq all coming off their biggest drops in a month. if you check out the futures this morning, you'll see that equities at least at this point look like they are indicated higher. dow futures up by about 46 points rights now above fair value. s&p 500 up by close to 4 points and the nasdaq up by just over 10. the bond market is grabbing a lot of attention this week. the yields on the ten heavy year treasury rising above 2.5% again finally. also, oil prices, something we've been watching closely have been a lot of pressure on oil prices in the last few weeks. this morning, up slightly 26 cents to 93.01. apple t buzz stock of the week. the stock saw nearly four times it's volume yesterday in

i'm becky quick along with joe kernen and andrew ross sorkin. or not, there is a bit of a chill in the air in the east coast this morning. only ten days of summer remain. is that right? yeah, okay. 22nd. but some parts of the country are getting a blast of snow, believe it or not. up to 10 inches in some places. we'll tell you where later in the show. >>> we are focusing on the consumer. the headline number expected to rise by 0.6%. when you strip out autos, economists forecast a smaller increase of 0.3%. other economic reports of note today include import/export prices at 8:30 eastern time. later in the morning, we'll get september consumer sentiment and july business inventories. by the way, the dow and the s&p are on pace for the first weekly drop in six weeks. the nasdaq, though, is poised for a sixth straight week of gains.

i'm becky quick along with joe kernen and andrew ross sorkin who is in nantucket this morning.some big guests coming up. andrew, good morning. >> hey, becky. we are at the nantucket project this year again. this theme this year, art and commerce. we have some big guests coming up for you over the next thee years. we're going to have bob diamond, former ceo of barclay's. we're going to talk markets with him and the strength of the dollar. weakness of the euro. i imagine he has sauce on that. then we're going to get barry sternlicht's thoughts. he highways $30 under management. right after we get the final second quarter gdp numbers at 8:30, we're going to be talking to larry summers who will give us his perspective on those numbers as well as where the econom

i'm becky quick along with joe kernen. andrew is off today. is rain in the forecast here in the new york city area. that is adding to some of the drama around all this hoopla. we're going to have a live report from the bronx and more on what jeter's second act would be away from the baseball diamond. that will be later in the show. in market news, the dow is back in positive territory for the month. the s&p and nasdaq both have more work to go to get to that point.

i'm becky quick along with joe kernen and andrew ross sorkin.ey governor chris christie taking steps to save atlantic city and add more revenues to the state's coffers. it could mean allowing sports betting casinos. we will talk about that later in the day in sports in just a minute. right now, we are less than seven hours away from the big apple event. shares of the tech giant have fallen about 4% in the last week ahead of the expected products announcement. since 2007, there have been seven iphone announcements and the stock has fallen on four of those days. shares have been averaged small gains in the week or two following the introductions, but, of course, that's because a lot of stuff leaks out ahead of time. a lot of expectations are built into this. check out this chart, though. apple

i'm becky quick along with joe kernen and andrew ross sorkin.orders for the iphone 6 are off the chart. the applewatch has people talking and everyone with itunes got a copy of u2's new album, songs of independence. that a half a billion accounts around the world. it turns out, though, that not everybody is a u2 fan. we'll explain the sour note apple hit. >>> investors will have to wait until the end of the two-day fomc meeting to legislature what the central bank has to say. some policymakers expect to drop the language that says that the fed will be keeping rates low for a considerable period. if that happens, the market is likely to interpret it as a sign that we are getting closer to rate hikes. you have to wonder what that would end up doing to equities. investors, take a look, you'll see the nasdaq off by about 48 points.

i'm becky quick along with joe kernen. andrew is off today.have a huge day of news shaping up on wall street this friday. a lot of things that are happening with the markets and the stories span the globe. michelle caruso cabrera is in scotland with the results of the big vote covering the alibaba ipo eunice yoon is in beijing and kayla tausche is here inside the nyse with pricing. morgan brennan is at the apple iphone store. a lot to get through. let's kick things off this morning with michelle in scotland. good morning. >> becky, the answer is no. the scotts voted

i'm becky quick along with joe kernen and andrew ross sorkin.of tropical storm o did he o is dumping a tremendous amount of rain on the southwest. some areas of new mexico have been hit with a couple inches of rain. another 3 to 6 inches of rain are expected over the next couple of days. the region is at high risk for flooding and property damage. after weeks of speculation about change, the fed deciding to stick with the status quo. the central bank telling investors that it is near the end of aets purchases and reiterating that it will not hike interest rates for a considerable period. >> i want to emphasize that there is no mechanical interpretation of what the term considerable time means. and as i've said repeatedly, the decisions that the committee makes about what is the propose time to

i'm becky quick along with joe kernen and andrew ross sorkin.there are more haunting images coming out of the middle east. radical militant group isis killing another american journalist held captive. the latest video shows the beheading of 31-year-old steven sotlov. that militant, once again, taunting america. following the gruesome execution, a militant masked man is shown holding another man by the collar. that man is said to be british citizen david hanes. president obama is in europe today and in the last hour addressed the latest act of terrorism by isis. >> like people around the world, americans are repulled by their barbarism. we will not be intimidated. their horrific acts unites aus

i'm becky quick along with joe kernen and andrew ross sorkin. we start this morning with some breaking news from the scandal plagued envelope. the minnesota vikings have reversed their decision to reinstate adrian peterson. now they have placed peterson on the exempt commissioner's list that means he will have to stay away from the nfl activities while he addresses child abuse charges. this could mean that peterson misses the rest of the season as the case goes through the court. this decision comes as more sponsors like budweiser are speaking out about how the nfl is handling these off field issues. coming up, we have a sponsor that says the culture of the league is broken. an exclusive interview with bob mcnair, coming up at 6:30 eastern time. right now, let's get to andrew. activist investor nelson phelps is taking his -- to the next helpful. out now with news this morning that the founder has sent a letter to the company, to -- calling for -- or dupont, rather, dow chemical, dupont, calling for a break-up of the country. if this story sounds

i'm joe kernen with becky quick and andrew ross sorkin. where was that? color of the state? >> no i think it's the color of the cgi. >> is that because of the state? >> i didn't get to ask him. >> blue used to be my favorite color. >> you're wearing blue today. >> i know. start of the clinton global initiative. whenever you say cgi, i think of cmgi which was that incubator. >> i think of cgi in terms of the animation in movies. >> yeah. all right. we'll all be at the event tomorrow talking to the leaders -- is it in new york city? >> it's at the sheraton. >> and you want me there? >> yes. >> jacket or no jacket? >> i think you might want a jacket tomorrow. >> all right. and in a few moments becky will the findings of a huge new cnbc surv survey. plus her conversation -- what's his name? do i have to call him sting? did he make that up? stinger. sting. what is that? >> i knew you were going to ask me this. >> does he have a name? >> he does. i meant to look this up this morning. his name is gordon matthew thomas sumner. >> sting. what he had to say about t

joe kernen has the day off. we often talk about the lasting effects of a recession. a new study is suggesting some american women living through a recession might mean they will is never have children. the lingering impact of the so-called great recession ultimately mean half a million fewer children will be born over the course of a couple of decades. they tied it not back to the women necessarily, but to the idea that men of that age will be never able to overcome the financial setbacks thereby making them less attractive as mates, which is part of the reason. that's according to the research. >> less interested in having children because -- >> i will admit i didn't read the report. but the take i heard on it this morning was it made them less attractive so they couldn't support the children. >> there was a big article in "the washington post" about this. it's a problem and it contributes to the inequality issues. like people are marrying like people right? also, if you're single whether you're a parent or not and you lose your job, there's no backstop. if it's a t

i'm joe kernen along with becky quick and andrew ross sorkin. we are coming to you live, as we did yesterday. i had a map i would say it is pretty close to the heart. i don't know if it was an actual organ of new york city, but if you look at sixth and -- a heart organ. >> i know. >> i don't think you do. i'm not even going to think about how your mind -- well, i don't know how your mind works. but sixth and 50th, can you met how -- >> we're close to your parents. >> it is. >> so would it be a heart or a liver or a spleen or -- >> it is the brain. >> it's the brain of -- >> the brain of the financials. >> it is. and there's a starbucks everywhere, just about every corner, is there not? and sellers got the message, we're spending the day in the big apple. the coffee chain announcing two new types of stores today. here in new york, it's testing an express location that goal is offering speedier services, which is not seedy and starbucks is not really synonymous at this point. >> depending on what you order. >> depending on what you order. >> skim