seema mody, kayla tausche, and john ford has the morning off. first story this morning, new records for black friday boding well for cyber monday. according to adobe insights and the nrf, online black friday sales topped $3 billion for the first time ever, a jump of more than 21% compared to last year. mobile shopping saw its biggest day ever, $1.2 billion in sales, up 33% from last year. let's get to our courtney reagan live at an amazon fulfillment center in new jersey with more. good morning again, court. >> reporter: hi, good morning to you, carl. amazon hopes today will be another record day. to do it, though, it's got to take in more than 23 million items. that's the number that was ordered last cyber monday, and that was up 40% from the year prior, so will amazon be able to beat its own prime day, which happened in july, and right now where's the crowd for its biggest day ever? though black friday did just beat amazon's black friday last year, so that bodes well going into today, and they estimate amazon will grow twice as fast as other t

. >>> kayla tausche in boulder, colorado. >> in battleground colorado, more than two-thirds of ballotsast by >> i voted in my room. mail order ballot. so i just filled it all out and dropped it off. >> some 2.2 million votes counted as of election day. the two candidates taking decidedly different approaches here. trump on offense. >> by the way, we're doing extremely well. you do know. >> visiting the state personally 13 times this fall. clinton playing defense. relying on ad spending by super pacs and high-profile surrogates in the home stretch. >> you live in a state that is right on the edge. the election is going to be decided by the turnout tomorrow. by the margin here in boulder. by the number of you who agree to go out and convince others to go to the polls. >> turnout by millennials, especially hispanic millennials, will be closely watched. >> i think that we make up the biggest voting block now as millennials and i think that will be the legacy of this election is that millennials' voices were heard. and we decided the path that we wanted this country to go in. >> in both col

carl quintanilla with kayla tausche at post 9, and mark santoli.ald trump making two key cabinet nominations they morning. let's get right to our john harwood outside trump tower with all the details. john? >> reporter: carl, these are two of the big ones. steve mnunchin has been selected by donald trump to be his nominee for secretary of the treasury. he, of course, is a former goldman sachs partner who was the fund-raising chief for donald trump's campaign. also, wilbur ross, who is going to be the commerce secretary, billionaire investor, well known to viewers of cnbc, neighborhood of donald trump's in florida where he has his marioa lago estate 37 and he moderated the trump economic message in a few ways. instead of talking about outright scrapping dodd/frank, as donald trump did during the campaign, steve mnunchin talked about modifying parts of the law that discourage lending. that's one signal. secondly, donald trump said during the campaign his goal was 4% economic growth. when steve mnunchin was asked what was a realistic target, he said 3

i'm kayla tausche, omaha, nebraska. >> i haven't started yet. >> you're usually way ahead of the game. >> i'm way behind. >> usually it's october 20th and you say i'm finished. >> not this year. >> all right. play catch-up. >> stay tuned. that does it for "nightly business report" tonight. this is the time of year your public television station seeks your support. >> thank you for your support. have a great evening and we'll see you back here tomorrow night when all of our shopping will be done. >> absolutely. every bit. steves: westminster abbey. this most-historic church in the english-speaking world is where kings and queens have been crowned and buried since 1066. while it was first built in the 11th century, much of what we see today is 14th century. when there's a royal wedding, the world looks on as, amid all this splendor, thousands of britain's glitterati gather under these graceful gothic arches. the centerpiece is the tomb of edward the confessor, who founded the abbey. and surrounding edward are the tombs of 29 other kings and queens. this is the tomb of queen elizabeth i.

i'm kayla tausche, omaha, nebraska. >> i haven't started yet. >> you're usually way ahead of the game. >> i'm way behind. >> usually it's october 20th and you say i'm finished. >> not this year. >> all right. play catch-up. >> stay tuned. that does it for "nightly business report" tonight. this is the time of year your public television station seeks your support. >> thank you for your support. have a great evening and we'll see you back here tomorrow night when all of our shopping will be done. >> absolutely. every bit. steves: for a more lively way to enjoy paris and cap an exciting day, steve and i have hired a car and a driver for a blitz of the city's best nighttime views. and this isn't just any car and driver. this company employs a fleet of historic deux chevaux cars, and they're driven by local students. man: the different districts are like a snail, going around the island, the city. steves: the french raise flood lighting to an art form. and with a city as beautiful as paris, it's no wonder. les invalides, with its golden dome marking napoleon's tomb, is magnifique. the nau

i'm joe kernen along with kayla tausche and michelle caruso-cabrera.he hour, glen fleming visiting fellow at yale law school which would not probably -- although it is one of the finest schools in the world. >> both the clintons went there. >> thank you. i'll take that plug. >> you know, sucking up to you a little bit. but that would not necessarily be enough to come on. he was former president of morgan stanley wealth management. and that was not the only time you've been in where you want your opinions. you know, i see stan around still. and at certain places. did you have to talk him into that? that was a pretty good move when you did that. that saved a lot of people's bacon. >> and the nice thing about, the brand goes on. >> you orchestrated that sale at a financial crisis at a time it was expedient. >> still a lot of people there doing lots of good things. >> like when you're on air. we're going to hear from him in just a couple minutes. >> same person. >> anyway -- yes, connie chung. just whisper to me. remember when she did that? she was on tv.

kayla tausche in omaha.ring in dana telsey for a holiday weekend retail scorecard, chief research adviser with telsey advisory group. always good to see you. >> thank you. thank you for having me. >> you said that the promotional level seemed to be the same, but i wonder if you have any gauge on what the spending is. there was one stat that was really interesting to me, and that is that more than a third of shoppers bought 100% of their purchases on sale. >> right. and retails plan these promotions very carefully all year long. what we didn't see is it didn't seem like we saw the excess promotions that you would have expected if the retailers are really struggling. consumers today have more choice of where to buy and when to buy, and that's really the change. it's all about mobile. people are literally going to the store with their phone, taking a look and either charging there or going right to the register. >> in terms of specific players and how they stood out over the weekend, you know, what was interest

i'm andrew ross sorkin, joe kernen and kayla tausche is here with us.ur top market story uncertainty. investors are worried about the u.s. presidential election and today's fed decision. wall street's so-called fear index giving us good insight. the vix spiking 40% over to last six days. take a look at u.s. equity futures that hour. what you're looking at is a bit of a down day. dow can open up off 43 points. s&p opening down five points and nasdaq opening down 7 points. hang seng also falling nearly 1.5%. european equities -- everybody is keying off everybody. again red arrows pretty much across the board and finally can you look at crude prices right now. wti -- >> terrible session. when we were talking yesterday we were up 40 points in the morning. funny way things happen. there's sort of a premise and maybe it's correct among democrats or people who favor hillary that trump would be a disaster for the stock market and sell off. it's funny when you see the market go down yesterday for whatever reason, uncertainty or whatever, it becomes oh, it's unce

i'm andrew ross sorkin, joe kernen and kayla tausche is here with us.op market story uncertainty. investors are worried about the u.s. presidential election and today's fed decision. wall street's so-called fear index giving us good insight. the vix spiking 40% over to last six days. take a look at u.s. equity futures that hour. what you're looking at is a bit of a down day. dow can open up off 43 points. s&p opening down five points and nasdaq opening down 7 points. hang seng also falling nearly

we'll see what happens tonight. >> indeed. >> thank you, kayla tausche reporting from colorado.ought. kayla mentioned millennials. i think the gender gap is going to be interesting as an issue in this campaign, certainly the surge that's been reported in latino voting and whether that could turn this election. >> and so much early voting. so i think the post game is going to be fascinating even if the outcome is what we think it's going to be. because every model has to be kind of recast a little bit. >> not to mention money in politics. she's outspent him in these battleground states by 2-1. >> i cannot wait to see how the market responds to this tomorrow. >> yeah. >> should be fascinating. >> you know where to look first. >> a test of just how defensive everyone got beforehand. >> i agree. that's it. see you later tonight. more election coverage and we'll be back tomorrow. "fast money" begins after this short break. see you tomorrow. rsuit of healt. it begins from the second we're born. because, healthier doesn't happen all by itself. it needs to be earned every day. using wel

. >>> kayla tausche. goldman sachs internet analyst. great to have you back. >> thanks. >> along with our own mike santoli as we watch the dow tick above 19,000 for the first time. yesterday, of course, all four major indexes hit closing and intraday highs. what does this all mean? >> the path of least resistance is higher? this is how the market trades literally when the paft path of least resistance is higher. it's drifting higher. i think that happens around round numbers. i look at dow 19,000, all the caveats about how it's only 30 stocks, 1,000 points on the dow is literally not what it used to be. the most impressive thing was it was at 15,5 in february. we ft. first hit 18,000 at the end of december 2014. so over two years, you're up about 5.5%, point to point. why is that? corporate earnings flattened out for two years, going on three years. now you're getting more of an energetic push on this reflation period. >> fund futures hit 100.2% for december. now the market is coming to grips with the fact we will get a rate hike in dec

joining us, as always, jon fortt, kayla tausche and

i'm carl quintanilla with kayla tausche, david faber at post nine of the new york stock exchange.holiday shortened week with thanksgiving and black friday on the way, but for the time being we are awfully close to an s&p record high. just a few tenths of a point at this point. nasdaq has hit an all-time high and oil's helping out over a buck. >>> and that's where our road map starts this morning. markets in a post-election whirl. stocks continue to break records. the russell hitting all-time highs. we'll speak exclusively with legendary investor, the founder of vanguard, jack bogle. >>> trump transition talks, the president-elect hosting meetings over the weekend. what do some of these names for treasury and commerce mean for business? >>> plus, she calls herself madame brexit. we'll hear from the leader of france's far right marine le pen, her take on trump and why she wants to lead the euro. >>> first we're coming off a week of record highs for the dow, nasdaq and russell 2000, but the big focus remains on president-elect trump's cabinet picks and what they mean for the markets.

kayla tausche is following the election live in boulder, colorado.ith me here at post nine, as always, is john forte. dow just down 9 points. election day in the united states. voting across the country. and the final real clear politics average has hillary clinton up over three points on gop nominee donald trump. let's get out to kayla in boulder, watching the election from out there. hey, kayla. >> reporter: hey, carl. real clear politics has clinton ahead by three points in colorado here as well. the two candidates were tied as recently as last week. and it has been full core press for both of them since then. trump has been here five times and clinton just three. trump has spent half as much on television advertising and clinton has high-profile speeches from the likes of former vice president al gore here just yesterday, referencing the 2000 election and how important turnout will be to this state. >> you live in a state that is right on the edge. the election is going to be decided by the turnout tomorrow. by the margin here in boulder. by the

john fort, kayla tausche and nick milken joins us.e're a few minutes away from our interview with ceo jeff immelt. >>> adapting to a new media and political landscape following donald trump's surprise victory one week ago. and efforts to control hate speech onity platform, google banning new fake sites reportedly from using its proprietary advertising software and facebook continues to push back saying fake news on the network helped skew the election in trump's favor. nick, question this morning -- >> in my favor? >> -- at large is facing some kind of identity crisis. >> it's interesting. i wrote a column for vanity fair in april that said silicon valley created donald trump. the backlash i got from that was insane. people saying it was nonsense, there was no base to it, i was making stuff up. now they're all realizing that they did. you know, there were no rules, no regulations, no anything on these platforms. and trump used that to his advantage. and, you know, it was propaganda. it was lies. it was fake news. it was everything. an

welcome to "squawk alley," carl quintanilla with jon fortt and kayla tausche and ceo daniel rosenswag chief operating officer at yahoo! also from one market, "the new york times" tech correspondent mike isaac. mike, good morning to you as well. our top story is facebook reportedly developing this new censorship tool designed to persuade china to allow the social network to re-enter the world's second biggest economy. that is according to the "times." facebook has been banned in china for the last seven years. mike, you broke this story, and it raises all kinds of questions about what they're capable of in terms of screening content, and now increasing what they're willing to do. >> yeah, that's exactly right. i think the biggest point here is just the fact that facebook is even considering some form of censorship in order to get back into china. the sort of general knowledge or general belief among a lot of western internet companies shares a lot of american values, which is essentially that speech and free speech is very important, and you know, business may come at a cost of sort of

. >>> good monday morning, welcome to "squawk alley," john ford, kay kayla tausche. roger mcnamee, good morning to you. facebook today, mark zuckerberg detailing the social network's plan to fight fake news. in a post over the weekend, "the problems here are complex, both technically and philosophically. we believe in giving people a voice, which means erring on the side of letting people share what they want whenever possible. we need to be careful not to discourage sharing of opinions or to mistakenly restrict accurate content." but the goal here, roger, is to somehow label fake news as such, work with fact checkers. can this be done? >> you know, i believe it can, but i think, carl, it's not a complete answer. i think a big challenge that facebook faces is that the underlying principle that it uses to run its algorithms is people are the best, you know, your friends are your best source of information, that you want to use your friends to filter the things around you. unfortunately, there's an unintended consequence that comes from that model, which is people like

joining us, as always, jon fortt, kayla tausche and myself at post 9.today, the president and ceo of the aspen institute, walter isaacson. walter, good to see you again this morning. >> good to be back with you. >> our top story today, one we've been following pretty much all week. that is the moment of truth that social media is going through following donald trump's presidential win one week ago. in the last 24 hours, twitter has suspended a number of accounts associated with the alt-right movement just as it announced a new effort to crack down on hate speech. and in the fight against fake news on social media, tech executives from alphabet to linkedin say mistakes were made and the valley has to do more. >> at google, we've always cared about bringing the most relevant and accurate systems to users and that's where almost all of our work goes at the end of the day. when i look at it, it's important to remember, we get billions every day. there have been a couple of instances where it's been pointed out and we clearly did not get it right, and so it'

kayla tausche on square's earnings. square up in the after hour session.ou think of this payment? stock? >> well, i kind of like it. i think it's interesting. i thought the quarter was good, better than good. it was a beat. you know, i like the momentum that they have. i think, you know, the jack dorsey question is out there, of course. everybody wants to know how does he do both, and might he end up only doing one or the other. i like it. i think it's interesting here. i like the space, too. >> seems like he's only doing one right now. seems like he's putting -- >> ooh, that was a takedown of jack dorsey. >> good we're not on-air. >> oh, sorry. >> but i will tell you, the street price targets are anywhere from up 10%, 20%, up 30% in the name, down 15% year-to-date. might not be bad to take a look at it. >> all right. sticking with tech earnings, facebook gearing up for earnings after the bell tomorrow. will the last of the fang stocks exceed expectations? a preview. mike. >> hey, so the options market normally we see about a 7.7% move. the options market

i'm david faber along with kayla tausche and mike santoli.e from post nine at the new york stock exchange. carl quintanilla and sara eisen both off today. let's get a look at the markets and oil. we're up on both. the s&p at this point up about 0.31% and wti having quite a good day with 1.7% move higher. in the meantime, for reserve chair janet yellen getting ready to testify on capitol hill before congress's joint economic committee. steve liesman joins us now to fill us in on what we can expect. steve. >> good morning, david. janet yellen testimony just a few minutes from now, she's going to use some of her most definitive language yet to signal a coming rate hike saying one could be, quote, appropriate relatively soon. she repeats the words from the fed's most recent policy statement that the case for rate hike has strengthened. and she adds a new warning about the dangers of delaying a rate hike. the market judges a nearly 90% chance of a rate hike in december. and yellen's comments seem to backup that conviction. the fed chair said they

john fort, kayla tausche and nick milken joins us. from our interview with ceo jeff

i'm david faber along with kayla tausche and wilfred frost.nine at the new york stock exchange. carl and sara both off today. let's give you a look at the markets half hour into trading. you can see we're vaguely down, i can say that. wti actually turned around. it had looked down earlier in the session but it is now up. >>> our road map today starts with donald trump's cabinet taking shape. several major appointment announcements, what they mean for american business. we'll head to washington and speak with the former director of the cia james woolsey and a member of the trump transition team congresswoman marsha blackburn. >>> and ceo of ethan allen will join us, what a trump presidency means for immigration. >>> and a slowdown on fifth avenue. we'll speak with a manager of a store across the street from trump tower. how the president-elect's presence is impacting retail during a very busy season there. >>> all right. we have some major developments this morning in the trump transition. nbc news confirming that alabama senator jeff sessions