we're back with lucy macdonald, allianz global investors cio. it is frankly upsetting the whole community. how does it impact stocks? mds is arms, this is deals, also showing up in silicon valley. lucy: yes. those businesses are being impacted come essentially through oil price, through the saudi fund and interest in silicon valley. as far as sanctions are concerned, there are indications that there will be none, because of the influence between the governments. we think that the oil price has had a little boost, but in fact the data is going the other way. has been greater sufficiency of the u.s. and oil, so oil probably not a major factor. silicon valley is an interesting one. have billions in the division find, but that is -- fund, but that is likely to change. the impact is unlikely to be that much. does it push away the saudi aramco ipo? it is very difficult for investors to come in. lucy: yes, we have written that off anyway. francine: does that impact petro dollars? a potential impact on things prices, there are i can come in that are rel

joey macdonald today endorsed a policy which labour mps have said if a tax cut for millionaires. himself facing immediately an extraordinary revolt. we had a dozen labour mps and behead members of the shadow cabinet and we had andy burnham, the mere saying that this was sending a shiver down his spine. so, it's created massive causes with labour, this is what's happening. it's absolutely fascinating because you are absolutely correct. back in the day, john mcdonald and jeremy corbyn would have ranked any labour leadership that was going on supporting tax cuts for the rich, it was because the criticism that would level at bear rights, centrists, labour and now you have joey macdonald and some of his other people seeing him on a minute, we have got to be pragmatic, john mcdonald said look i think this will give up as injection to the economy and its helping people like schoolteachers and everything like that but they have not been quite as pragmatic in the past with their criticisms. particularly on anything to do welfare and tax and spend. the labour party say i'm their manifesto

. >> for macdonald's family, justice. >> this family wanted justice. because revenge belongs to god. >> for the jurors, a solemn duty. >> instead of escalating the situation he should have deescalated. >> macdonald had a knife. van dyke said he feared for his lifese and tf other officers. >> how close did he get to you? >> he got probably about 10 to 15 feet away from me. >> reporter: prosecutors said the video contradicted the account and van dyke was the only officfi who d. tonight, a peaceful march in a city that had been bracing for worse. >> now theynow they can't get away with it. maybe they'll think before they pull the trigger. >> ron motte reporting. van dyke faces decades in prison. he's believed to be the first chicago police officer to be convicted of an on-dutyilling in 50 years. >> a man accused of killing a south carolina police officer is staying in jail. bond was denied for seth hopkins today. the 79-year-old is accused of killing terrence caroway of the florence police department. he's accused of shooting six other officers. police sa

andrew macdonald joins me from his home in north london. you describe this process as a nightmare.s surprising from the very first moment in that i didn't realise that this assessment, unlike the previous ones, was going to determine whether 01’ ones, was going to determine whether or not i had it at all. it had been said at the very start that i would have annual assessments with a view to increasing the payments as my conditions worsened. what soon became clear this time was that the rules had changed, they hadn't been clearly explained, and the issue at sta ke was clearly explained, and the issue at stake was whether i was to receive it at all. and thereafter, the process itself was certainly a nightmare. i found the process itself was certainly a nightmare. ifound the bureaucracy bewildering, i found the nightmare. ifound the bureaucracy bewildering, ifound the process nightmare. ifound the bureaucracy bewildering, i found the process and professional in that those making the assessment did not have the releva nt the assessment did not have the relevant skills, and i also felt

and macdonald speaking to us earlier. under plans being considered by the nhs. doctors have been trialling shared appointments for up to 15 patients with the same condition, ranging from raised blood pressure and rheumatoid arthritis, to chronic back pain and asthma. the royal college of gps says patients like getting the support of others while gps say it stops them having to repeat advice. earlier, i spoke to dr fraser birrell and patient mary henfrey, who has taken part in group—led sessions. i used to go to sea doctor beryl each week and it was a three—hour group session and the good part about it when people ask questions that you might not have thought of asking yourself and also it was nice to see other people and talk to them and get their experiences as well. were you ever made to feel uncomfortable, sharing your experience? no, never, everybody who was there seemed pleased to be there and asi was there seemed pleased to be there and as i say, people ask questions that you hadn't thought of asking yourself. docto

graham macdonald, thank you very much for giving us your views on the budget.y has once again rejected a norway—style deal with the eu after brexit. the prime minister made the comments at the northern future forum in oslo. norway is a member of the european economic area and has full access to the single market in exchange for making financial contributions and accepting free movement of people. mrs may said following norway's example would not bring the outcome people voted for in the eu referendum. 0ur political correspondent ben wright has more from oslo. well, theresa may came to an already wintry oslo for a meeting of the northern future forum, an informal gathering of leaders from the baltic countries and also scandinavia. nothing is really decided here. it is just a chance to swap ideas. they wanted to hear about brexit, of course. theresa may made it clear she wants to see a continued close relationship between the uk and these countries after brexit. during the press conference she completely ruled out a second referendum and she completely ruled out

now been convicted of second degree murder in the two thousand and fourteen shooting of look on macdonald a black teenager the jury found that it was simply unjustified and they found is based largely on a videotape that surfaced about a year after that shooting the police officer had said that look on macdonald had been threatening him and waved a knife and that he continued shooting him sixteen times because look on mcdonald was trying to rise up off the ground with the video contradicted that in a jury of twelve people convicted vandyke they also convicted him on sixteen counts of aggravated battery with a firearm that could add jail time to the up to twenty years that he faces on the murder charge chicago was prepared for a massive outcry twelve thousand police officers were on alert about half of them were deployed around the city thousands of demonstrators were prepared in the streets and some activists had said that if vandyke were not convicted that they would shut this city down but instead they celebrated. a rebel attack on an army post in the eastern democratic republic of cong

black teenager officer james bond dykes and found guilty of the second degree murder of luck on macdonald in twenty fourteen the policeman shot mcdonnell sixteen times as a teenager held a knife by his side. on the twenty eighteen nobel peace prize been awarded two years eve the women's rights activist nadia moron and the congolese doctor dentist mccuaig were ad campaigns for the victims of sexual violence but quickly runs a hospital in democratic republic of congo dedicated to happen the victims of gang rape. supporters of the missing saudi journalist jamal khashoggi have rallied outside saudi arabia's consulate in istanbul calling for his release because shoghi disappeared on tuesday after entering the compound but there are conflicting reports as to where he is the reports. the site outside the saudi arabian consulate in istanbul resembles a crime scene more than it does a diplomatic mission police have cordoned off the entire area around the building monitoring anyone who enters or exits three days have passed since renowned journalist jamal khashoggi went missing after entering the c

. >> my name is liz macdonald. i'm from brentwood, new hampshire. have done,or all you moms demand action and everytown. i look forward to knocking on and encouraging your support moving forward. thank you. >> good morning. -- i am ueue n newman, ward two. i'm honored to have this endorsement. it means a lot. like most of you other mom's we got involved after newtown, sandy hook. it was a life changer for so many people. other -- spirit of my i see paul out here, he is also running in ward two. my husband is also running. he wasn't able to be here this morning but ray and i have been out knocking on doors. as these women have said, it is so important to get out and vote. when people see me in ward two, this is what they see at their door. i'm used to knocking on doors. it gets a good reception. they like the hat. small children, read the letters. this is good. thank you very much. [applause] >> thank you for being here. i'm jan schmidt. people want sensible gun laws. gun owners want sensible gun laws because they know they are protected by them too.

shooting happened and it was paid little attention at that time but the video shows the look on macdonald walking away from police officers knife in hand but later found closed in the jury decided that that was just not on the reason and you know if there were multiple police officers there and only one fired on the quan mcdonald that was officer jason friend right today he would pay for the thanks very much john hendren and chicago let's take you back to washington now where senator susan collins is speaking of the gutter to level political campaign then a solemn occasion the president nominated brett kavanaugh on july ninth within moments of that announcement special interest groups race to be the first to oppose him including one organizations that didn't even bother to fill in the judge's name and it's pretty red impress. they simply wrote. that they opposed donald trump's nomination now x x to the supreme court of the united states a number of senators joined the race to announce their opposition but they were beaten to the pound by one of the lights who were actually announced up as

earlier, we spoke to george macdonald, executive editor at retail week.g along for months on end. it did not really come good on its promises. "in town knowing a great deal of money to people. in that respect, it is not surprising, it is understandable. if you are an investor in sports direct, you do not have any idea now who is running the business day today and what exactly is going to happen to turn house of fraser into the harrods of the high street. and make investors some money back. i'm afraid we cannot give you the markets. we will in an hour. has something gone wrong in the city? we will try to rectify that in the next hour. the winner of the royal institute of british architects‘ most prestigious award, the riba stirling prize, will be announced on wednesday 10th october. the nominations to become britain's best new building 2018 include student housing, a cemetery, and a nursery school. today, we look at bloomberg in central london by foster + partners — a highly—innovative new workplace in the city, which pushes architectural boundaries and se

to give you one example, one set, informally, i note that mr macdonald works 40—50 hours a week for a that it was voluntary work, unpaid, but the nudge to the decision—makers was, if he is able to do that sort of work, surely he must be all right. it is those nudges and winks that i found most troubling and most dismaying. sorry, give our viewers an idea of what pip is worth to people claiming it. give our viewers an idea of what pip is worth to people claiming itm varies according to the assessment made but in my case i was receiving about £3000 a year. and if you don't have this allowance, what then happens, how do you cope? the first point i would like to make is that this is not a story about me. i have chosen to go public with my experience to illustrate the experience to illustrate the experience which hundreds of thousands, millions, of other disabled people are having. many of those are amongst the most disadvantaged in our society. this isa disadvantaged in our society. this is a big deal and it matters and matters crucially that the system is run ina matters crucially that t

twelve people found him guilty marion and that was a major political and public wi a caution to macdonald was killed what does it mean for the city to finally have a verdict in this case. where the city was prepared for something perhaps as big as the one nine hundred sixty eight riots which are still left there scars on parts of chicago that the city has twelve thousand police officers they were all put on alert about half of them were actually deployed around the city and demonstrators were prepared by the thousands to march in the streets of chicago today they said if i were not convicted that they were going to shut the city down to shut down businesses to stop the buses from running and fill the streets and there was real concern about that but instead they ended up largely celebrating instead the city center piece. home workers on the buses were filled with workers leaving and while there is a demonstration going on right now in downtown chicago it is i'm told in largely celebrate jory marching around the city and the people that we've talked to here who have been activists say that

i'm elizabeth macdonald. "the evening edit" starts right now. [♪] fox news has the latest state polls. the president is going on a whirlwind trip of rallies. reporter: five that races, three could go in either direction. three tilting towards republicans. what are we seeing in arizona. the democrat kirsten cinema versus martha mcsally come in as a tie. that's a shift from early october when sinema was in the lead. rural caucasians favor mcsalary by 27 points. the entire 8 as a whole, more people in arizona identify as republicans than democrats by 10 points. jeff flake is the nor over there and he'll be leaving. let's move on to indiana. joe donnelly is in the lead against republican challenger mike braun. the 7 points is within the margin of error. there seems to be a higher interest with democrats. they seem to be more excited about the mid terms. but president trump did win indiana by 19 points. those voters we polled said they currently approve his job. so some strength there. missouri is a tossup. we hav

i'm elizabeth macdonald. "the evening edit" starts right now. bomb squads and police officials amassed around the country. suspicious packages mailed to prominent democrats. edward? reporter: you are talking about six packages of what appears to be devices sent to multiple states. investigators are focusing in on the unusual type of pipe that was sent. the fbi released this picture swheeght packages looked like. the last one stopped in a congressional mail facility. it was addressed to maxine waters. one device was sent to the chappaqua home of president bill clinton and his wife hillary clinton. and another was addressed to barack obama. it never reached their home and was stopped in the sorting sender. the one that's reached debbie wasserman-schultz never reached its destination baits was returned to sender. president trump: the full waste our government is being deployed to bring those responsible for these despicable acts of justice. we'll spare no efforts. reporter: a joint statement said in part that president trump's words ring hollow unt

i'm blake burman in for elizabeth macdonald. blake: james mattis is expected to sign off on sending 800 troops down to the u.s. border as migrants continue their trek toward the united states. william lajeunesse is reporting live from chiapas, mexico. reporter: the caravan has always been the united states. we are being told that's of the people are going to take it train. they thought when were going to walk and stay together. now we are told several of the men plan to hop the beast. the train of the unknown, seven locomotives, 285 cars long. central americans for generations have used the train to migrate to the united states. the train will cover in one hour what it would take one day to walk. the estimated time to tijuana, about 15 days. >> my boss in california speak with me and said when you come back, i need it in my company. i say maybe 30-35 days, maybe. reporter: u.s. officials tell me mexico promised to disrupt train service out of the next town but they also said they would prevent police from allowing private citize

namely with shah gilani and shawn elizabeth macdonald and ashley webster start with shah a rough marketbout six, well said down about 1600 points subpoena is the worst over? >> for the time being yes. i don't think the worst is over for the rest of the year. i think we're going to peenging what happened in midterm bus really a big deal for market and talking about it earlier in the show. i'm cautious because this action has been very disturbing a lot of these companies are getting earnings have been pretty darn god and getting hit. earnings cool out anding to goes up and next day when stock is down they get ham turd that happen but sustain appreciation they've had. thoak not do it that tell me there's nervousness in the majority so i'm worried that that hasn't flushed itself out yet that being said there are bargains galore here. >> we'll get to them in a moment. quick update on the economy big report on jobs today. 227,000 new job created in the private sector that is really strong. michelle if that is the way the stock market is going does that point to higher stock market? >> i disag

i'm elizabeth macdonald. "the evening edit" starts right now. [♪] 2/3 the caravan of illegals 7,200 strong, 1,000 miles away from the nearest border crossing in mccowan, texas. we are getting reports that some are turning around. the same thing happened earlier this year when a caravan headed towards the san diego border. reporter: this caravan may arrive at the u.s.-mexico border, but they are not going to cross it. the president and vice president pence warned this caravan is driven by leftist groups in honduras. >> the president of honduras told me the caravan that's making its way through mexico to the southern border was organized by leftists organizations and financed by venezuela. and we -- as we said -- president trump: and the democrats? reporter: the president said he'll involve the military to back up border patrol if necessary. secretary of state mike pompeo says any person on their way hoping to get access to the u.s. will not be successful, no matter what. >> the caravan will not cross our borde

i'm elizabeth macdonald. "the evening edit" starts right now. [♪] welcome to the show.are the fox business network. secretary of state mike pompeo heading to turkey after speaking directly to the saudi crown prince about the disappearance of columnist jamal khashoggi. reporter: the secretary of state is wrapping up his day in saudi arabia. he just released this statement saying we had direct and can did conversations. i emphasize the importance of conducting thorough, transparent investigation. and the saudi leadership pledged to deliver precisely on that. president trump saying he would like to see those responsible for the disappearance punished. he talked to trish regan on her show primetime. the president talked to the saudi prince by phone today. president trump: turkey is looking at it very strongly. we are all look at it together. it depends on whether the king or the crown prince knew by the in my opinion. whether they knew by the. if they knew by the, that would be bad. reporter: secretary of state mike pompeo in turkey tomorrow to see their part of the investi

money, politics, elizabeth mcdonald the -- elizabeth macdonald, "the evening edit." the market now with 300 points at the end of the day at 26 points 67. again down 200 points. that's a loss of about one weeks worth of gains. don sellars hit the panic button over fears of even faster interest rate hikes and the federal reserve as the economy heats up in the 10 year treasury yield socket a seven-year high. this looks like a temporary spasm. another great earnings season is about to kick off. s&p 500 profit growth is expected to gallop ahead of the stunning 20% plus growth rate for the last three quarters. that's pretty unheard of. deirdre bolton on the new york stock exchange. what a day, what's going on? >> is so busy here as you know it. right across the screen you have the biggest losses in the stock market. you have to go out the way back to june to see levels. these kinds draw. one thing i will say in the last basically 20 minutes, you did have stocks start to pare some of those way, way deeper losses. you had markets clearly closing lower. no way to sugarcoat it

here comes elizabeth macdonald with "evening edit." >> we are reeling from the murderous rampage in pittsburghlives worshiping in their own synagogue. this was not just an attack on the jewish faith. it was an attack on all people of faith and america's values, protecting those of faith. it cannot and will not be tolerated. liz:

here comes elizabeth macdonald with "evening edit." >> we are reeling from the murderous rampage in pittsburgh that took 11 lives worshiping in their own synagogue. this was not just an attack on the jewish faith. it was an attack on all people of faith and america's values, protecting those of faith. it cannot and will not be tolerated. liz: synagogue shooting suspect robert bowers making his first court appearance. he faces 29 federal charges, possibly the death penalty. rob buy adam mintz. just a week to go until mid-term election day. jason chaffetz on the vote that could change control of the house and whether the democrats' mention of government-run healthcare and staying mum on the caravan heading to the border. new caravans possibly popping up as the secretary of homeland security warns, you are not getting in. brandon judd is with us. what it means to the border towns fast turning into demilitarized zones. money, politics, we have the debate behind the headlines. "the evening edit" starts right now. more caravans of illegals possibly popping up beside the two we know about. president

i'm liz president macdonald. "the evening edit" starts right now. [♪] the illegal immigrant caravan heading toward the u.s. is growing in size. the president tweeted that honduras, guatemala and el salvador were not able to do the job of stopping people from leaving their country and coming illegally to the u.s. reporter: the caravan is growing with some reports 7,500. many people are from honduras but also guatemala and el salvador. they are fleeing violence in their homes and also look for economic opportunity. the president threatened to cut off funding because central american countries cannot keep their people in their own country. president trump: they are paid a lot of money of he year, we give them foreign aid, and they did nothing for us. so we give them tremendous amount of money. you know what it is. you cover it all the time. hundreds of millions of dollars. they like a lot of others do nothing for our country. reporter: a senior state department official says since 2015 the u.s. has given those count

let's set the stage with mike murphy, jeff sica, les macdonald, ash -- liz macdonald, ash webster. >>trong chance we can stabilize. this morning the futures were weak, we're almost rebounding to flat. i would love to see more selling for more buying opportunities. i think this selloff is nothing more than a buying opportunity. charles: jeff, you the man right now. [laughter] elizabeth: your the market prophet -- can you're the market prophet. charles: sica, what's going on? >> you're asking for my 15 minutes of fame which is about 14 minutes done. [laughter] yeah, it could certainly rebound. i think there's the potential. but the longer term, i mean, i'm -- and i've said this before and i take a lot of slack over it, but i still think the market is drastically overpriced. that being said, a lot of this selling has to do with the fact that these companies are not able to come in and buy back their own shares because of the blackout period til earnings. but as we get closer to earnings and we start seeing share buybacks, i think we'll see another uptick. but it's going to be an ugly oct

customers are loving it overseas sales were better than expected in macdonald's international marketsbolstered by restaurant renovations designed to modernize the golden arches including self-order kiosks and table service. well while business was strong overseas thanks to the modernization efforts it was weaker than wekt o expected in the u.s. as the competitive landscape in the fast foods remains stiff. mcdonald's is aggressively renovating u.s. locations updating 1,000 restaurants per quarter and investing about 6 billion dollars to modernize units by 2020. >> i think we see the benefits of the experience of the future and the companies other velocity accelerators such as delivery and mobile order not only in international markets but also in the u.s. if you take away and look at it at a high level, they're seeing benefits from that that's helping to offset some promotional activity within the category >> but the changes have come with pushback from u.s. franchisees hundreds of whom recently met in florida claiming the changes coupled with menu innovations aren't paying off quickly

more 20% are in what some call a bear market let's bring in george goncalves from nomura and larry macdonald, the editor of the bear traps report george, we will start with you rates have been at the epicenter, so i've been told, so everyone has been told about the market turmoil we've been seeing as we see rate stories play out, is it fair to say they will continue to be a driver of the volatility that we are seeing? >> without a doubt how fast it unravelled was impressive last week and earlier in the month good news, good data, it was good for the equity market and the bond market. rising yields for the right reasons. a big snap higher, and that spooked the markets. the 3.25 level is a critical level for markets to digest. >> as we talk about the movements in the markets, we have seen a massive selloff and one that looks like it will continue today does it feel like to you that there is a bottom in sight or is this the beginning of something much deeper? >> the correlation between stocks and bonds has been negative for the last decade this year on a monthly basis we're positive so that mea

i am elizabeth macdonald. "the evening edit" starts right now. ♪ trained to look at this.he dow hitting another record high, jumping up 122 points. 26,773 rallying for a second great day. this is the beginning of the fourth quarter. "the new york times" running a scathing report on president trump, accusing him of tax evasion and potential tax avoidance in the early 90s from his and his father's real estate empire. blake irvin live at the white house with more on this story. reporter: liz, this is as lengthy of an investigation as you will see. it essentially boils down to two things. one image of president trump is a self-made billionaire is far from reality and they're a serious tax questions more importantly because of it. the times citing confidential tax reforms and interviews. it states that the president's father, fred trump had pumped money offense direction from his earliest days. by age three. he was earning $230,000 a year. he was a millionaire by age eight. at the time he was 17 his father had given a part ownership of a 52 unit apartment building. the times ra

mcdonald's and asks customers to give her burgers, her name is princess, so she was caught and macdonaldse or near mcdonald's waiting for customers to pass her scraps while they are in the drive-through lane, and she captured a video by the video captured approaching a car, and that driver passes her some food, then to the next car, but it is her owner, so she goes to the car behind her because she know she will not get any food. so they put a statement on facebook, please do not feed them mischievous dog, she is not a stray. they want to keep her around. dogs are pretty smart. would you arrest her? >> pam: of course not. >> dana: okay, greg, you are next. >> greg: this is a new thing. "god felt was right." i was writing some things in my office, because i have a office. i have a lovely staff, some of them will be gone tomorrow, but i mentioned it, i know, it is a pronoun, obviously, and the other guy goes, no, it is an article. so now i have to change the stuff, and somebody comes by and he says, no, i looked it up, your is a pronoun, not an article, so gutfeld was right. i predicted thi

i am elizabeth macdonald. "the evening edit" starts right now. ♪ elizabeth: wow, the dow is really moving this morning on the news about the canada and mexico u.s. trade deal. and of the day nearly 200 points higher is that the church of the new quarter and start of the month. more new money just a second, the first major victory for the white house. president trump announcing a new trade deal in the rose garden press her. he dubbed it the united states mexico candidate deal appeared at the push to make the u.s. a manufacturing powerhouse again and guess what, the steel tariffs will stay in place to protect the industry. -- on his key campaign promises to improve trade deals. the deal is going to give a boost to the auto sector, to labor unions, to dispute resolution rules. it opens up access to various protected industries in canada. canadian prime minister justin trudeau also praising the new deal. even democrat senator chuck schumer have been a positive reaction from the same the president deserves praise f

this isjohn macdonald. they will back the government in that. this is john macdonald. general election. we want a fairer system and we will argue for that fairer system. not all prominent labour mps agree with him. the mayor of manchester andy burnham questioned why the party was backing a tory tax cut. some tension also within labour ra nks cut. some tension also within labour ranks over the budget. i think the sense of many tory mps is that mr hammond has managed to shift the political focus and managed to reposition the tory party and move them away from what has been their co re them away from what has been their core economic narrative for the past eight years, namely this drive to eliminate the deficit, and is now trying to present the tory party as the party that can incredibly begin the party that can incredibly begin the process of easing austerity. thank you. at half past, mps will resume debating yesterday‘s budget. we‘ll bring you that as soon as it‘s under way. let‘s remind ourselves of some of the main announcements yesterday. health spending is to increa

eastern, "the evening edit" with emac, liz macdonald, will then move to 6:00 p.m. eastern. it all starts just two weeks from today. did anyone tell you. this is the first you're hearing of it. connell: how awkward would that be if asman not getting his whole show. that would be really weird. what about asman? i'm excited. i always loved doing the show to fill in. melissa: now you're stuck with me all the time. connell: we like working together. , don't we? melissa: absolutely, now we're stuck together all the time. >>> coming up the trump administration celebrating the new trade deal they call historic with mexico and canada. we'll talk about, the impact it could have on you, the consumer. melissa: making individual tax cuts permanent. expanding incentives for retirement savings, part of tax cuts 2.0 passed house. going nowhere in the senate though. grover norquist, president for americans for tax reform sounds off. connell: the supreme court beginning a new term today shorthanded as you may have heard. the president calling for expanded fbi investigation of brett kavanaugh

i'm elizabeth macdonald. "the evening edit" starts right now. . liz: the dow bouncing back nearly 300 points to the upside ending the day at 25,339 led by tech and consumer stocks. still has lost 4% on the week. it is the worst week for stocks in more than seven months. they're up year to date, though. more on your money in just a second. first a big trump victory. turkey ordering the release of american pastor andrew brunson from house arrest after nearly two years of imprisonment. the pastor is wheelsup from turkey flying into germany for a medical checkup and flying into andrews air force base by noon tomorrow and heading to the white house. the trump administration not letting up on turkey. it has yet to say whether or not it will lift the sanctions against turkey that is slapped on that country for what happened with pastor brunson. the white house saying that moments ago. the move there, those sanctions did deepen financial turmoil in turkey, is t is on the brink of recession. the lira five times the central bank's target. interest rates up

i am elizabeth macdonald and "the evening edit" starts right now. elizabeth: to check your 401(k) and pension plans say, the dow closing in on the record high of 64 points. ended the day 26,828. less than 200 points away from 27,000. we are close to earning seasons. when companies tell us how much money they made and what they're expected to make. valuable stocks have gone up $9.3 trillion. the fed chair, jerome powell saying america is in a good place. -- a testament to the fact that we remain in extra ordinary times. even liberal comedian praising the president for his new trade bill say the president is delivering on winning. watch. >> one of chomsky promises was that america would win so much, we would all get very tired of winning. this weekend donald trump for the first time, delivered on the winning part. people said it would be better to elect a bully as president. now and mark is literally taking canada's milk money. so i guess it worked! [applause] jokes aside, the deal looks like it will help american carmakers and farmers and protect a l

joining us and watching money, politics we've got the debate behind tomorrow's headlines i'm elizabeth macdonald, the evening edit starts right now. >> liz: well, sizable downdraft to the dow down more than 3%, 831 points to the down side ending at 25, 598, coolants are needed here the dow is back to where it was in august. we've wiped out about a month and a half of gains in this historic record run-up under president trump. more than $9 trillion in equity market value-added, tonight will the market panic attack last? fear did sweep through the market over higher rates, slower global growth, corporate earnings coming in about warnings about china, what china is doing over there where the corporate earnings have peaked and again amazon and tech shares leading the route. here is the story markets have been walking on sunshine as we said, markets basically they take the stairs up, and the elevator down, so is this the worst or just another october surprise? again, we have not seen it intra -day like this since april. the fed is raising rates and some rattling against our corporations from china. l

you for watching money, politics we've got the debate behind tomorrow's headlines, i'm elizabeth macdonald, the evening edit starts right now. the dow with modest losses down 56 points ending the day at 26, 430 on concerns over global growth and problems overseas also trade issues more on your money in just a second first let's get to florida's gulf coast the panhandle bracing for a potentially deadly cat 3 hurricane michael it may be florida's panhandle strongest landfall in 13 years we're talking again life threatening storm surges, damaging winds, and flooding rain. residents are now frantically fleeing as a wall of water heads their way and mayors of small towns there in the panhandle now say the force of this hurricane could be the greatest that they have seen in nearly six decades. florida, alabama, already in states of emergency. again, the danger is in those life threatening flash floods. remember, cars start to float in just two feet of water. we want to get right to the meteorologist on this story, he's meteorologist paul williams is here with the latest. great to see you when wi

i'm elizabeth macdonald, the evening edit starts right now. welcome to the show. quick check of the markets. the dow ended up 39 points to 26,486. rising for first time in three days. gains though were capped on fears of higher interest rates. we will get to your money in a second. first less than two hours from now, president trump will oversee the swearing-in of justice kavanaugh at the white house. he will then take off on a tour to barn storm for republicans for the midterm. the president now overseeing a rare and historic feat. it's something we haven't seen in decades. the president now joining lbj and fdr in having his governing party control all three main branches of government. and that's got democrats really angry. they are focusing on impeaching brett kavanaugh, impeaching donald trump, getting rid of our constitutional institutions, like the electoral college in the senate. msnba for example over the weekend tweeted out quote: >> then there's socialist alexandria cortez also joining hilary clinton in saying that quote it is well past time we get rid o

i'm elizabeth macdonald, the evening edit starts right now. >> liz: well, it happened again thearkets fell out of bed and then fell down the stairs for a second day the dow tumbling 545 points ending the day down at 25 , 052, still it's sticking at around august levels. what's going on interest rate and earnings forecast worries, hundreds of billions of dollars in investor value vaporized it was a white knuckled ride. the volatile see saw action down 500 and then back up. big picture right now two-thirds of the s&p are either in correction or bear market territory versus their 52 week highs our own christina p you're right in the floor of the new york stock exchange you're in the thick of the action crist in a what's going on? >> there's tons of rollercoasters going on i just got word from another trader he's saying the movement you saw in the second half of the day and the downward trend was because of big companies selling off some etf's and then buying bond eft's so that contributed to the price increase in bonds, you're seeing all markets in red territory, closing for the day, we

the one exception to that and a lot of people point this out including elizabeth macdonald earlier is the debt load of a lot of these companies. there is a problem -- >> especially rates going higher. >> exactly, the cash flow doesn't always equal the amount of money they are getting themselves into in terms of debt. when they see a growing economy they think it is worthwhile to borrow money and grow further because eventually it will pay off. that is true if the economy continues to grow. if there is a pull back and interest rates go high enough to curb economic growth -- >> it is an arbitrage. >> you would have been buzzed on "varney" saying arbitrage by the way. >> a great word. neil: stay where you are. much is made too of the markets getting very close to going below what they call a 50 day moving average or 100 day moving average, 200-day moving averages, frankly chicken entrails and tea leaves to moi, but having said that in case of s&p 500 and nasdaq they're very close to those levels. in fact for a while in case of s&p 500 we were already there at 50-day moving average, what

the owners of plas talgarth, macdonald resorts, said it couldn't comment at this stage.o, tens of thousands of men, women and children gathered in manchester to demand political reform. they came peacefully but they were attacked by the army. 15 people were killed and hundreds more were injured. now the director mike leigh has made a film?about what came to be known as the peterloo massacre. he's been speaking to our arts editor will gompertz. it's the 16th of august, 1819, people are coming from miles around to congregate in st peter's field for a rally on the right to vote. it was meant to be a peaceful gathering. we must read the riot act and we must do so immediately! but the authorities had other ideas. here we are in the middle of manchester, where you grew up, the peterloo massacre happened around us. as a young boy studying in that library, you knew nothing of it? no, the primary school i went to, a good school, they could have got us down here on the bus and back in time for lunch and walked us around here and said, this happened here. why didn't they? now is th

then, our own liz macdonald hosts "the evening edit," starting 6:00 p.m. today. right now. stuart: lucky you. trish regan moves to prime time, 8:00 p.m. eastern. the whole new lineup starts today. we will be back. ♪ stuart: profit reports are starting, bank of america came out and held higher profits, by cost cutting. the stock is down 2%. how about that? >>> sears filed for chapter 11 bankruptcy. jeff flock in chicago for us. what happens now to all those sears stores? reporter: what happens to them, a lot like this one here, stuart. this was the last remaining sears store in chicago. huge building, tremendously successful as you point out back in the day. they will be closed 142 closed by the end of the year. in addition to 46 that were going to close already. there are now 700 sears and kmart stars nationwide. that will be cut by at least 200. they will survive. the rest of them through the christmas holiday. eddie lampert as part of this deal steps down as the ceo of sears. he remains as chairman. the president said on your broadcast just a short time ago, th

john is with us shah gilani is with us elizabeth macdonald lauren simonetti.he last two days you've been a rock you said i'm not afraid ain't afraid of no ghost ain't afraid of no selloff and it got worse people were tweeting me what the heck is shah talking about i'm losing my shirt. do they buy today? >> they shouldn't have sold. i'm actually buying i got a buy program in starting today there's a lot of stocks gone on sale and the selling is over and actually could be over if earnings start to come out in solid double digit gains then this might have run its course typically when it kind of selling happens short period it plays out longer so it wouldn't bother me if we went down more and not substantially i think this is a buying opportunity and a lot of stocks on sale right now. >> i think overall you're optimistic is there a point where you become more bullish you know as sort of a signal that this particular moment in time as passed? >> you know when you start seeing more liquidity in the market but you look at companies like shah is right like company li

train for jeff, liz macdonald here. the market take the staircase up in the elevator down. six months or so. are they looking to 2019 and what are the markets trying to digest for 2019? looking at s&p revenue of 9% this year. that is pretty solid sales growth over the last few years. go ahead. >> what it comes down to is amazing when you mention the word inflation how markets react. we've grown very used to the slow inflation market. when you look out and see that there has been great economic news and then you have a market that still continues to decline. what that means is the market most likely was priced to perfection. that is a concern. charles: jeff sica, thank you very much. always appreciate it, buddy. ashley: charles, i followed the trees for one of the traders at the stock exchange. he says not capitulation gang. if it were, gold with pop. this is just the pricing and the changed conditions. charles: what are those changed conditions? i would say more the interest rate. charles: let's not forget the first warning we have this earnings season was pepsi and they ta

macdonald, i would like to give you an opportunity to chime in on this. i think you have some views of the broader cultural issues and maybe even a social media point. >> well, if i understood the question, it's what's causing this, and i would argue again that it is the rise of a ev ever more delusional vic tomology to -- victimology on campuses. a minority student on brown university said it's too hard to have to show up on time on colleges because we're so focused at staying alive on brown. now, i'm sorry, this is completely hyperbolic and delusional. no student at brown is at risk of his life, yet that sort of maudlin, just hysterical rhetoric is now the currency of the realm. and we are teaching favorite victim groups on campus to think of themselves as existential threat, and the command to shut down what is then deemed hate speech, which is anything that challenges campus orthodoxies grows out of that claim to be at existential risk. hate speech, we have a few other alchemical transactions that go on. this was exemplified by an op-ed published by a

trial of former chicago police officer jason van dyke who was accused of fatally shooting laquan macdonaldd in about 15 minutes the jury began deliberations thursday afternoon >>> archologists have uncovered a new treasure in the ruins of pompeii. it is a richly painted garden scene in the shrine area of a home that had been buried since the explosion of mt. vesuvius. it was an altar space at the entrance of the homes of the well-to-do and it is beautiful. you are up-to-date that's the news update at this hour contessa, back to you. >> look at them still making discoveries there. >>> stocks are off session lows but still deep in the red right now. dow industrials are up a by 0.75% or 196 points the nasdaq is off by more than a percent. and the s&p at this point down half a percentage point. it's not all bad out there though a number of staples performing well and finally taking a look at the rest of the world here emerging markets hitting a 14-month low today down 13% since the start of the year and 21% from their january high >> thank you >>> the oil market closing for the day. let's go t

elizabeth macdonald, moving to 6:00 p.m.e starting on monday, you would argue there's no talking points, right? >> as if i never brought any on your show, right? neil: you just sort of nod at each other. >> that's right. neil: it's a great show. >> thank you. neil: help me with these markets, miss encyclopedia. what is going on? >> we're trying to figure it out. as gerri pointed out, it's normal to have a 5% to 7% downdraft but there's still a fierce slump in the market selling into the rally. we were talking before, it's not just the tariff fight with china. it's that china is in a slump, in a bear market, and it's also our u.s. multi nationals like nike and ford, they sell into china. so something like $220 billion that our companies sell into china every year, so -- neil: ford was worried their sales tumbled, what, 43%? that's a huge number. >> so it's not just fears that our consumer prices will go up. it's that our u.s. multi nationals will feel suppression from the consumers in china not buying our stuff. also, this ca

joining us now is george macdonald, executive editor at retail week. what is your opinion?raser was limping along for months on end. it did not really come good on its promises and ended up going down, owing a great deal of money to people. in that respect, i don't think it is surprisingly is bit is understandable. at the same time, if you are an investor in sports direct, you don't have any idea who now is running the business day today and what exactly is going to happen to turn house of fraser into the harrods of the high street and make investors some money back. house of fraser has had huge issues. not least of course because the high street itself has had problems but also if you look at its board of directors and high—level management, including alex williamson appointed a little over a year ago, there is a lack of retail experience. that is why he was brought in. the idea was as with other department stores, he would make house of fraser shops great places to go for a brilliant experience, i think a lot more leisure as well as product. but under the former ownership

macdonald resorts said it could not comment at this stage. which was shown during itv‘s hit reality show love island has been banned by the advertising watchdog, the asa. 17 complaints were lodged, including one from the mental health foundation, which said it exploited young women's insecurities. the asa said the advert was irresponsible and harmful. canada has become only the second country in the world to legalise recreational cannabis. smokers can purchase the drug from licenced producers in a move that marks the end of 95 years of marajuana prohibition. canada has one of the highest rates of cannabis use in the world, particularly among young people. samira hussain reports. doob, ganj, weed. call it whatever you want, the fact is, canada's cannabis that this industry is coming into bloom. this is no ordinary grow, it is a high—tech operation that produces a staggering amount of legal marijuana. we are like a tech company that produces cannabis. it was about the idea that this had to be done and probably was more about tech. inside this v