worldwide exchange host kelly evans is going to join me in a little bit.er group of ceos now trying to pressure washington to fix the fiscal cliff and keep us out of bankruptcy. but i see a lot of talk and no action from the ceos and the politicians. but first up, defense secretary leon panetta now joins the obama cover-up of benghazi. take a listen. >> basic principle is that you don't deploy forces into harm's way without knowing what's going on, without having some realtime information about what's taking place. this happened within a few hours. and it was really over before we had the opportunity to really know what was happening. >> respectfully, i think that's just a lot of nonsense and hooey. last night, we learned and reported of another e-mail that said they were still under attack and holed up for at least six more hours. and panetta had realtime information much earlier than that. if he had acted immediately, we could have sent fighter jets, commandos to protect our consulate, the navy base is not far away. so this burns me up. let's talk. cnbc

. >> i'm kelly evans. these are your headlines from around the world. >> talking about mixed demand in china. >> it's delideadline day for ea. germany is opposing the deal. >> lack of action from europe could risk pushing the global economy back into recession. >> you're watching "worldwide exchange," bringing you big news from around the globe. >>> welcome. "worldwide exchange" exchange. it's hump day. >> yes, it is. although it's been a shorter week for me. doesn't quite work that day. i guess i'm already over the hump. >> plenty coming up on today's program. >> indeed. let's take a look at where we'll be going around the world. >> won't attend imf meetings there as tensions between the two countries intensify. the u.s. government suing the nation's biggest mortgage lender. we'll take a look at how the global industry is faring. then it's off to paris. the stricken car maker is downgraded by moody's a day after demonstrators stage protests. we'll have details from the french capital. and we'll head to ne

cnbc's kelly evans. and "the washington post's" david ignatius. first up, we're staring down at the wind tunnel now but historic perfect political storm in the coming nine days of this campaign. and these closing days when we played out in mind games on both sides. the president saying he jist wants to hold on -- he just wants to hold on. >> what we have is a lead that we've maintained throughout this campaign. and we are going to just continue to drive home the message that there are two fundamentally different choices in this election. about where we take the country. chris: and he's on the air with a fear factor ad. >> 537. the number of votes that changed the course of american history. >> florida is too close to call. >> so this year, if you're thinking that your vote doesn't count, that it won't matter. well, back then, there were probably at least 537 people who felt the same way. make your voice heard. vote. chris: mitt romney's mind game is to call heavily the new change agent. and inviting voters to hop on the winning train. >> you're se

. >>> it is now time for the global market report, kelly evans is standing by in london this morning. good morning, kelly. >> good morning. the biggest gainer in the eurostocks, 600, up nearly 13%. what gives? it turns out moody's reiterates its investment grade rating. opened the way for investors to gain exposure to the spanish exwity market. bank shares are among those faring best. if we can whip around here for a second, you'll see the impact that this is happening. overall, stocks up about .2 of a percent, so not the biggest move in the world. we can take a look at global markets. the ftse 100, the ibex in spain is up in the range of 1.5%. global markets should see positive more as well. also partly keying off plans for japan to perhaps pursue more fiscal stimulus before year end. a lot of cabinet members talking about that possibility this morning. take a look at the bond space, because we've seen some pretty remarkable moves, as far as francois hollande is concerned, europe crisis is over. that's what he's saying in an interview this morning. markets believe him to some degree

>> i was talking to the fabulous kelly evans this morning on "squawk on the street" and i said corning can't get it right. they've got the gorilla glass, the greatest technology in the world, they look good in the steve jobs book, and i've got to tell you something, no, no, corning, too hard to own. i'm taking another call. i'm going to jason in maryland. jason? >> caller: boo-yah from baltimore, jim. >> oh, man. ravens country, what's up? >> caller: question is on regions financial, the stock got hammered. is the stock, has it bottomed, will it start to rebound and will it get anywhere close to the $8 target that it's tagged at? >> you know, raymond james cut that target today. i don't like regions financial, i like huntington bank shares and even better than that actionalertsplus.com, my charitable trust, stephanie link and i for the trust have been buying key, which is the cheapest of all. i hope ray lewis gets better. i'd love to see him back in the playoffs. sure the earnings season has been disappointing, but it doesn't mean we can't find some winners among the losers. that's wha

i'm kelly evans. >> and i'm ross westgate. these are the headlines today from around the world. >> super storm sandy leaves a massive path of destruction in its wake. now residents belong a long and costly recovery process. >> the u.s. markets are set to reopen after being closed the last few days. the new york mass transit system is still shut down. >>> new sthats now expect profit growth to hit the slowest since lifting. >>> welcome to today's show. the good news is financial markets start trading again. >> well, good news or it depends on how they open. certainly there's people with pent up demand. >> i think whatever happens, the fact that we're back up and trading is a good thing. >> the interesting question is why. but why couldn't the new york stock exchange have gone with its electronic trading systems. will this serve as a catalyst to maybe pursue that route the next time with more confidence. >> it's a day of cleanup. >> yes, it is. millions of people in the northeastern u.s. will spend days or weeks to recover from

economist told a roomful of journalists -- or at least this is my best guess based on some reporting kelly evans, a colleague of mine, has done. they told a roomful of journalists that one large state didn't report the expected increase, the big increase that had been expected. instead, they reported a drop. and that's what accounted for that big 30,000 drop. but, chuck, you're going to hear things all over the map. this is not that a large state did not report. this is that they did not report the big surge that economisted had been predicting and expecting. we'll get more details on this a week from now, but this is a weekly number. we'll get another number a week from now. the market, though, is looking at this as good news. right now it looks like the dow is opening up by about 75 points. >> gotcha. all right, conspiracy theorists. that's why apparently god invented twitter. thank you, becky. next the slam dunks and the slip-ups. we're taking a deep dive into some of the most iconic vice presidential debate moments. >>> beautiful danville, kentucky, here. welcome back to "the daily rundown."

tonight show" last night and in today's edition of the "power lunch," we're joined by bob pisani an kelly evansigh in, both of you, on that exchange between leno, and indeed the donald coming out yesterday and saying he would pay the president $5 million to give to a charity if he turned over his college application and his passport applications. bob, you first. >> well, i think this whole thing has sort of descended into a farce and the president's treating it with the seriousness it deserves. the birther thing floats your boat, fine. but i think it is kind of silly. next line was the best one. we had constant run-ins on the soccer field and he wasn't very good at it and he resented it. >> humor is often the best defense. >> best way to disarm an awkward situation. totally agree with bob. what else are you going do with it as president? basically donald trump's serving him up a line that he can use to deliver some laughs. >> moving on to big bird and the golden nest egg. washington tooimt repo"washingte production company behind sesame street has an investment portfolio worth $100 million. how

. >>> if you're just tuning in, i'm kelly evans. >> and i'm ross westgate. here are your headlines.se economic growth slows down as expected. but september data beats estimates signaling there may be stability ahead. >> spain sees bond auction strong demand. merkel says the country alone must decide on a bailout. >> verizon gets boosts from increased demand. >> plus nestle shares are falling after disappointing figures. hit by slowdown in the emerging markets. >>> the dow is within range of 4% from its all-time highs. so shows the kind of rally that we've had in the weeks behind us. nasdaq and s&p roughly flat. take fair value into account and they're just barely in the green. ftse global 300, we have seen a little bit of a rebound here. still looking to he'd a tenth of a percent. european bourses, ftse 100 adding 0.2%. xetra dax up by more than a quarter percent. this of course as german bund in particular has seen its yield back up specifically and decide there are steps toward further integration of the european monetary union. cac 40 down, however ibex shedding 0.4%, but this br

kelly evans is in london with the latest. >> melissa, hi. it's being described by some as storms on both side of the atlantic. ubs up 6.5% before financial times reported it may layoff up to 10,000 people and wind down its fixed income business. when that's the outperformer, not necessarily the best of days and also we have decliners outpacing advancers by 7-3 ratio. we have seen stocks make a comeback over the last 60 minutes or so. we could take a look at the sectors for a sense of where the leaders are. we are seeing perhaps four sectors in the green. tech, benefverages, real estate added. we can zero in on insurance market for a second and give you a felt of where the pain is being felt. reinsurers are taking this one on the chin. if you look at some of the other major insurers across europe, we see the same thing. smaller losses but still in the red. they have been losing money. if you are an insurer, we know investments in this low rate environment have gone nowhere. underwriting is getting more difficult as well. look at the major ind

kelly evans will join us with more in a few minutes. christine lagarde is calling for urgent action. ties are similar. >> very similar. >> to tackle the european debt crisis and spur sluggish growth. she praised recent steps but said no more needs to happen -- or more needs to happen and faster. the imf and world bank's annual meeting are taking place in japan this week. and the bank of korea is cutting interest rates and growth forecasts, but policymakers are predicting a recovery ahead. yesterday woody i asked him the tebow -- they love these like bloggy looking for conflict, they love the idea that i changed the subject to talk about his tie. woody gave me the tie. not one of these outfits, and i put it on, so we came back in break and i was wearing woody's tie. not a single outfit said, wow, but look, after the break -- they're not smart enough any of these places to see that. just smart enough to try to write their own -- >> i to have to say, you caught my attention with the question. but woody laughed at it. >> here's the question

. >>> if you're just joining us, i'm kelly evans. >> and i'm ross westgate. >> the imf says europe and the u.s. need to get their finances in order or risk further damaging the world economy. >> draghi announces proposals to deal with riskses from the banking sector and defends the ecb new bond purchase program. >> interventions in government bond markets provide a back stop to avoid destructive scenarios that might threaten price stability in the euro area. >> angela merkel faces a tough reception in greece as protesters take to the streets there. >> and alcoa kicks off what could be a subdued u.s. earning season as third quarter results from the s&p 500 are expected to drop overall snapping 11 quarters of gains. >>> today is the anniversary on which the dow jones touched its all-time high, i think 14164 was the level there. we're just about 4% off that peak which if you think about it in context of where unemployment is today, not only in the u.s. but worldwide, is pretty impressive. the naz tack, nasdaq and s&p 500s also pointed lower. alle company a will report results unofficially

i'm kelly evans. >> these are your headlines from around the world. >> joe biden and paul ryan turn upeat trading blows on everything from foreign policy to jobs apartmennd taxes. >> a guy who says 47% of the american people are unwilling to take responsibility. >> romney is a good man. he cares about 150% of americans in this country. >> the eu awarded the nobel peace prize. >>> and skrchltjpmorgan and welo will report third quarter results. >>> jpmorgan will report third quarter reports at 7:00 a.m. company expected to earn $1.22 a share. kayla tausche has more in this report. >> jpmorgan reports third quarter earnings before the bell. wall street consensus looking for $1.22 per share on on $22.5 billion in revenue. analysts expect two boosts to the bottom lean of the bank, the large efrs in the u.s. would i by assets. a pick up in u.s. ipos and high yield debt issuance could breathe life into the bank's fees. they had the highest bank revenue for the first nine months of the year. another phenomenon was the launch of the qe-3 program no fort ganlg ba mortgage backed securities. bank

. >> and i'm kelly evans. these are your headlines from around the world. >> it was fight night in new york. president obama and mitt romney much more confrontational in their second debate, tussling over libya, taxes and the deficit. >>> spanish equities bucked the trend. >> shake-up at citi. the company is still being mum about the specific details around his departure. >> and a surprise rate cut from the bank of thailand is hitting home in yet another emerging economy. >>>er you're watching "worldwide exchange," bringing you business news from around the globe. >> good morning to you. so much to get to in today's program. kelly is a little bleary eyed this morning. >> it's because i watched the debate this morning. >> you just happened to wake up at the exact moment that debate started? >> i thought i'll just watch it for two or three minutes to get an idea of what's g 90 minutes later. >> and your initial thoughts? >> i saw the first one because i was in the u.s. for it. it did come off as dour. this one w

kelly evans standing by in london. kelly, good morning to you. >> andrew, hi. i was actually back in the states last week. i'm here in london, though, of course. and what's happening, markets are selling off. i'll try not to draw too much cauti cautionation there. 7:1. all of the major bourses are pretty much in the red. not a lot of positive news out there. ibex 35 down about 0.8%. all those it was down more in trade earlier. cac 40 has flipped into the positive. we'll keep an eye on clues as to whether the rest of the market can follow suit. the ftse 100, down a quarter of a percent. bae down in flaur.75%. reports that these two companies bae and eads will be meeting later today to talk about the terms of the potential tie up and discuss what they want to do with it going forward after key shareholders have expressed concerns. let's flip back to the bond wall. spanish ten year a little weaker. up to about 5.77%. italy, though, now seeing its yield come down a little bit. so we started off with the worst tone certainly to markets and we're seeing more recently

kelly evans is standing by in lond london. kelly, you want to weigh in on this? >> becky, good morning. i'll let you guys talk over the disney deal for the time being. but i do want to just mention as we start to look ahead to markets reopening in the u.s. why we actually are seeing such a strong move in dow futures that could continue over to the open of the session today. it has a lot to do with the mood that's coming out of asia and europe, and surprisingly enough, it has to do with earnings that are stronger than expected, despite the weak headlines about macro factors. i wanted to show you the asian markets because they started the rally this morning. apple supplier, fuji heavy industries, icbc, all of them helping to lift sentiment across the market. the china pmi might also be a factor because that's going to be a key one if it does rebound above that 50 level. now take a look at what's happening across the european market. the xetra dax in germany up. the ibex 35 is up better than 1%. we did see some weaker moves earlier in the week. the fotse 100 is just

kelly evans is this london. >> she's all business. >> andrew, joe, becky, hi, everyone. you guys were just talking about google and actually the impact of their early results release and the fact that they missed really has been felt around the world. asian stocks were lower. and if you take a look at the stoxx 600, we're shedding about 0.4%. to be fair, it is a lot of the banks which are among the weakest performers. but it has reverberated around the fwloeb. european bourses, not a ton of movement here, but the ibex 35 is the underperformer. this is basically the exact opposite of the move over the last week or two where the ibex was leading rest of the sector. eu's latest summit didn't conclude with anything big transformative, but there was progress on the banking union that basically acknowledged it wouldn't necessarily be in place by january 1st, although some details about regulating and at least super advising the banks under the ecb. germany, france, wide apart on a lot of the issues. we have seen losses pick up in about the last 60 to #90 minute. ftse 100 down.

>> kelly evans. >> ray fein is in. albert finney, holy smokes, coming out the 26th.ow anything about it? >> i've seen the trailer, looks pretty cool. >> he's killed like 480 people in his films, james bond. if you have, if you feel bad when you kill someone, they're p bad guys. >> he's been like four guys, divide that. >> five if you include ross. >>> comments or questions about anything you see here, e-mail us at squawk@cnbc.com and follow us on twitter @squawkcnbc is our handle. i'm @joesquawk? or you can do my ap.@joesquawkshair o or @joekernenshair. >> jeff mackey is up early. >>> we'll welcome next carly fiorina, at the bottom of the hour, mitt romney gaining ground on president obama in the latest -- i'm not going to say this word. this word has been banned from my vocabulary so i'm not going to say it. >> rasmussen. >> if you do, it's at your own peril. we'll talk to governors on both sides of the aisle about the race for the white house. >>> "squawk box" is on facebook, "like" the show and get upupdates, commentary, news and much more. add to us your pages an

kelly evans joins us from london.w where voss but "60 minutes" was all about 007. >> you know where ross was? he was at spy camp over the weekend, it was this sort of trip where he went and saw or did something related to the james bond movie but he was very much involved. he's really excited. >> was he teaching or was he a student? >> no, i think he was a student, because he was a little, i think it wore him down a little bit today. i need to get the details, but people are pretty excited over here. >> i thought he might have been conducting the classes. >> he probably could he knows more about the movies and after this weekend probably more about the stunts involve, maybe even daniel craig himself. >> they did cop to it last night, they were worried, took them two years to convince daniel craig to take it because it would change him. >> why? that's the best role. >> i've seen the guy in person and this is what they worried about, like 58. 007 is not 5'8". >> they used to make the sets smaller. >> but sean connery, t

kelly evans is standing by with what i know will be a substantive report. what color is your -- looks good with that green, doesn't it? >> it's like an autumn rust. >> and you don't know before you come in that it's can going to be green, do you? >> no, but what i've learned is that i should not go green or red because then i run into a problem. so taupe is a safe choice. and i knew you were going to make a comment about substance versus style. but we have seen a positive session extend to europe. stoxx 600 up by 0.4%. people are saying that's cuing off what started in the u.s. yesterday. also citigroup beating earnings. so look to goldman whether we can keep momentum there. hang seng up 0.3%. xetra dax now over the 7300 level. ftse 100 even adding half a percent this morning. this after uk inflation data fell to its lowest annual rate since 2009. spain and greece did go to market with 12 month t-bills today paying slightly lower yields. spain's ten year is moving a little bit higher today, nevertheless 5.85%. greece, the rally continuing there. under 17.4%

. >> i did get a statement that it was the, look, they made some comment as kelly evans did reportingent on how the big increase expected from one large state didn't show up and there was a clarification from a statement that came out from somebody. >> i read that statement and the reporting on it and i didn't -- >> they acted like the big increase didn't show but that didn't mean the state didn't report. >> i have no understanding of the statement or the reporting on the statement. i called for clarification and they did not call back which by the way is very different from the bls, the dedicated servants there, who are civil servants, joe, who have done such a marvelous job in my opinion, contrary, they called me back and i like them because they called me back, the employment training administration are on my you-know-what list. the economists not knowing what to do with it. >> this is unbelievable. >> the thinking was that the best way to come out of it, let me tell you the upside thinking, if last week was confirmed together with the housing, the sentiment and the other number, w

. >>> kelly evans has been digging around on these jobless claims numbers.ome dispute over the accuracy of these numbers. something about a large state not reporting its numbers, so therefore skewing the data. what have you found? >> melissa, it is another case of a jobs report that is sowing confusion. we just saw the labor department report a big drop in jobless claims last week to a four-year low. that immediately had people thinking perhaps that the labor market had substantially improved. what is actually happened is that one large state did not turn in what appears to be its typical quarter-end or beginning -- quarter beginning processing figures. when those happen, because of the way that emergency and extended benefits are now offered, there's typically a big increase in refilings and reapplications. the labor department adjusts for that expecting that increase to sort of smooth it out so it doesn't appear as though there was a big increase in layoffs. because that state didn't have those figures come through as expected, the figure this week appears

you can e-mail us worldwide@cnbc.com, tweet @cnbcwex or at kelly underscore evans or @rosswestgate. i'm figuring you weren't doing an awful lot. >> no. which is all the more reason i need to hear your experiences. and if the french had their way, troubled banks could receive funds as soon as the beginning of next year. germany still appears to be eyeing a longer time frame, however. speaking on the sidelines of the summit morning, knsupervision isn't necessarily regulation. silvia caught up with a governing council member and began asking help about the role of the ecb in any banking supervision. >> i think in practice it's very important that monetary policy remains i sandependent and inta. supervisory is separate. >> in terms of banking reform, we have started into this crisis which before we had the eurozone debt crisis was called a subprime crisis. some reforms have been implemented, some have been not implemented or pushed into team space. do you think we've come far enough with getting our banks fitter, leaner, meaner, more efficient? >> there has been progress in the area of

to darwin kelly say he signed papers from officials declaring him properly registered at their school. >> i'm not growing to say anything on camera. >> reporter: athletic director stephanie evans told parents the same thing we heard downtown. it's a personnel matter. she can't discuss the coach fuller firing. >> this man is so important to all these kids' lives. 's important to me. >> he's been a good coach from what i know. >> reporter: mayor gray made it clear today he won't interfere in the school matter. greg fuller is refusing comment. he's still employed as a teacher. his union is apaling his dismissal at coach. bruce johnson, 9news. >> the d.c. school system determined that the ineligible woodson football player actually lived in maryland. woodson forfeited one of its wins. coach fuller still has his job as a classroom teacher. >>> the race for the white house tighter than ever and in just a few hours, voters get one final chance to see president brack bang and his -- barack obama and his republican challenger mitt romney side by side. it's their final debate on the campus of lynn university in boca raton, florida. foreign policy at issue. clearly libya and the deaths a