mark: dr.rce clause, because the states were fighting with each other. they wanted to promote commerce property right, capitalism. what's happened to the commerce clause today? >> the commerce clause has been prostituted so the federal government takes the power and decides what is or is not their bailiwick through their definition of the commerce clause, and a guy didn't do interstate commerce and because he didn't, it affected interstate commerce, and they gave a great expansion, it's just a farce. the commerce clause has been prostituted far beyond anything our founding fathers intended. mark: that was the famous wheat case where the government was insisting that this farmer grow wheat and sell it, and he was growing wheat to subsist on it, and they said no, you're affecting commerce by not being in commerce. >> right. so that's interstate commerce. mark: that's where the regulatory state took off. >> right, and that's why they control education in your state, the state health care. health c

. >> mark: indeed, ed.hanks. joe digenova is a former u.s. attorney for the district of columbia. he joins us. joe, mueller is telling the president, you can volunteer to do this interview, or otherwise i will force you into it. is that how it works? >> well, it would work that way ordinarily for a citizen, but the president is a very special person under the constitution and under investigations like this. the president could very well agree to a voluntary interview. i would not recommend that he do so, and i don't think that he should. if mueller tries to subpoena him, he is going to have a very, very tough time, because according to what we know publicly, there is no conducty, involving the president, there is no russian collusion, there is no crime involving collusion. so what is the reason that mueller wants to talk to him? it is very obvious. he wants to talk to him for purposes of writing a report and then referring the matter to mr. rosenstein to refer towr congress for impeachment. the use of a gra

mark: ninth grade? >> yeah. mark: then what happened? >> little job here, starting buying and selling stuff, basically educated myself, and i had always been buying and selling stuff. my dad had a little coin shop and i wanted a pawnshop, so i went down to city hall and they told me, no, you can't get a pawnshop. mark: in las vegas? >> in las vegas. i asked him why, and they pulled out the city code and apparently what happened in 1955, the good old boys got together and they passed a city ordinance, when the city population got to quarter of a million, they would issue one more license, and when they made the law, there is only 25,000 people living in vegas, they thought it was never going to happen. i'm 22 years old, and pawn license, if someone has one for sale, it was 500,000, 700,000, something like that, and i definitely couldn't afford that. so once you read this law, i'm going, got to be close to that now for the city proper there. i started calling the city statistician once a week and in april of '88. he said yeah, we think it'

mark: hello america, i'm mark levin, this is "life, liberty & levin." we have a wonderful guest, dr. michael pillsbury. how are you sir? >> fine, thank you. mark: it's a pleasure. now you wrote an amazing book, the hundred year marathon, that grabbed my attention because of incredible relevance. china's secret strategy to replace america as the global superpower. this book has taken off in asia, the chinese have the book, though they keep it under glass. you're a senior fellow, director of chinese strategy at the hudson institute, a distinguished defense polz adviser, former high-ranking government official. you've written many books on china. educated at stanford ba in history, columbia university, ma, ph.d. during the reagan administration, assistant undersecretary for defense, the program of covert aid known as the reagan doctrine. but you worked for nixon, george h.w. bush, reagan, somewhat obama, anyone else that i missed? that pretty much covers it? >> yeah. mark: so you've spent your entire year, you're professional career, really, focused on chi

. ♪ >> mark: good evening and welcome to "tucker carlson tonight," i'm mark steyn in for tucker.f the national football league is back, the six-month hiatus has done nothing to alleviate the protest, two players on the miami dolphins melt during the national anthem and other players raised their fists during the anthem or simply walked around. the protest served to reignite the nfl's feud with the president. today, president trump tweeted the nfl players are at it again and taking a knee when they should be standing proudly for the national anthem. numerous players from different teams wanted to show their outrage, something that most of them are unable to define. they make a fortune doing what they love. be happy, be cool. a football game that fans are paying so much money to watch and enjoy is no place to protes protest. find another way to protest, stand proudly for your national anthem or be suspended without pay. "the tweet was immediately labeled as racist by the president's foes. >> he is the racial opportunist in chief. he is using race to incite the base. >> trump embrac

>> nice to see you, mark. mark: candace owens, how are you? >> very good to see you. >> two of the very great, young, smart, intellectual conservatives i wanted on the frm. katie pavlich you earned your bachelor of arts degree from journalism from the university of arizona. after completing your degree in 2010 you moved to washington, d.c. became news editor for townhall.com, contributing editor town hall magazine. fox news channel contributor and alternate co-host for "the five." you are ubiquitous, as are you candace. candace, you're known for your commentary. you are the director of urban engagement at the conservative advocacy group turning point usa. pursuing undergraduate degree of journalism at the university of rhode island. you left school, you said that's enough. you launched social autopsy.com in 2016, a website, where you were exposing bullies and so forth. now, this is very interesting to me, you really come from different backgrounds. your both conservatives, is that correct? >> correct. >> correct. >> and you came at it from a c

>> mark: you're absolutely right.position to go public have a much more difficult time. thanks for that, thanks for your inspiring story and your family story and good luck in your election. paul manafort's criminal trial in virginia has produced no end of excitement thanks in part to the unusual behavior of the deciding judge. he threw another curveball at prosecutors for just $59... ancestrydna can open you to a world of new cultures to explore. with two times more detail than any other dna test... you can get a new taste of your heritage. only $59- our site's lowest price ever. ♪ keep it comin' love. if you keep on eating, we'll keep it comin'. all you can eat riblets and tenders at applebee's. now that's eatin' good in the neighborhood. do you need the most in your wireless mouse? maybe not. no... maybe you could trust that during your fantasy draft ...no, no, no. the computer won't auto-draft a kicker, in the 7th round. maybe you can trust you won't be kept at night because you auto-drafted a kicker, in the 7th r

mark. >> mark: thanks, trace. world trade center bombing 25 years ago. we will have more on this disturbing case out of new mexico tomorrow evening on "tucker carlson tonight." but that is it for us tonight. thanks for joining us. never fear, the man is here. sean hannity has a great opening monologue. go get them, sean. >> sean: thank you, and a lot of news tonight. welcome to "hannity." 448 days into mueller's seemingly never-ending witch hunt, but now with just 90 days to go until what i am calling the single most important midterm of our lifetime, there could actually be a light at the end of the tunnel. earlier today president trump's attorney rejected interview terms from team mueller and rightfully so, we will explain. this to me is an obvious perjury trap being set by partisan investigators. rudy giuliani, the president's attorney will be here with reaction and also to write more major breaking news surrounding the deep state go-be

marks. i don't mark steines don't bark at whole. karl marx buddha heart and tar going on that as if you've got it. there's a. whole body of it and to peter. was his looks. became his trademark drums to circle strong santa the code and try to hash out a dark mustache presto calm arcs everyone knows him if not his works. night is indeed a unique occasion in the history of television we are very privileged and deeply honored to have with us in the studio comox founder of modern socialism and also of the communist manifesto. the development of the industrial polity out is conditioned by what other development the development of the industrial yes today's analyses have been degraded to catchy slogans and marx himself has become almost a comic figure both eccentric and unworldly brave man comics your final question. who won the cup final in one hundred forty. knots has become the ultimate pop icon he's among the famous faces featured on the beatles' listen three album cover for sergeant pepper's lonely hearts club band. and soon as there'

mark? mark: the turkey spillover story still playing out over here. still, as you can see here from our wonderful function, most european markets are trading lower today. down for a third day in four. the longest losing stretch since june 29. banks leading the decline. the lenders exposed to turkey. bbva of course. this is the chart, the currency of the day the last couple days. dollar lira continue to move upwards . record high for the dollar. record low for the lira. as much as 9.8% to a low. yes we have policymakers in turkey today boosting liquidity, making it difficult for officer investors to shorten the currency but it has not stopped the lira decline, which is near seven to the dollar. comes after a slump of 14% on friday. biggest drop since 2001. 21%,y, the lira sank by worst week since 2001 as well. this year down by 45%. the president come brains that the present remains combative -- the president remains combative. we heard from the central bank about its disposal, some strategy saying the turkey central bank needs to hike basis points. we

mark, thank you. we have incredible guests, joeoe digenova, the great one mark levin.ew or thought. the story of corrupt doj official, ex-foreign spies working together, literally to stop donald trump from becoming president, and after his election to destroy him. we have more major breaking news surrounding bruce ohr and christopher steele and now christopher steele's boss, fusion gps founder glenn simpson. "the hill"'s john solomon has now uncovered additional disturbing communications and for the first time, we have them, handwritten notes from bruce ohr, detailing how he

i am mark steyn and for tucker this evening. trump administration just unveiled its plan for a full-blown space force to be created by 2020. we'll have more of not just ahead. plus, more on the alleged islamic extremist compound in the new mexico desert. but first, president trump has highlighted his administration's efforts against the ms-13 gang. so of course, the left now supports ms-13. fox.com has published a video portraying the gang as a bunch of cute teenagers who ride bikes, listen to music, and work after school jobs. >> when you think of the street game ms-13, what do you see? may be something like this. or this. but what if i told you the typical ms-13 gang member in the u.s. actually looks like one of these young men on facebook? >> the ms-13 members that i've been following our working after-school jobs, they are living with their parents, they get around long island on bicycles. >> there is no indication that we are seeing a bigger surge of ms-13 then we've seen in the past. >> mark: so basically, ms-13, they are

mark? >> mark: okay, this used to be my favorite dancing head of government.with the saudis that's a big show they have in saudi arabia. my new favorite dancing head of government is the british prime minister theresa may, juan was saying he wanted to be b barishkav i brief it's called the macarena, it's fantastic. see when she turns around and shakes her little. >> juan: i love that. >> jedediah: turn in monday for labor day fan mail special. you won't want to miss it. "special report" is coming up next. hey, bret. >> bret: i was not the baier in the driveway. capitol hill says goodbye to john mccain and motown celebrates the life of aretha franklin. it's still going on. this is "special report." ♪ ♪ >> bret: good evening, welcome to washington. i'm bret baier. at the beginning of the holiday weekend dedicated to the american worker president trump is digging in and insisting on a trade deal with canada that gives the u.s. a better deal than nafta. mexico got on board, according to the administration, earlier this week. now the pressure is on our neighbors to

and now, mark barton, what have you got? mark: good u.k.ny -- equities dropped to a net 28% underweight on a merrill lynch survey of global fund managers, the biggest drop since may 2016. when you look at it in dollar terms, this goes all the way back to 1974 because in dollar terms, the country's shares have plunged to the lowest level versus global equities since the 1970's. according to the msci, the growing brexit deal is to blame and concerns over brexit. we have got a pretty solid economy, higher oil prices. the defensive nature that might be eight harbor in times of market jitters, it depends on where you are. local investors invested in pounds, the ftse 100 is up about 10% from the level of the brexit 2016, which is an outperformance of the european benchmark. sterling weaker is giving global companies a boost. not all strategists are negative. bank of america argued the u.k. -- andtion of energy valuations are favorable. no getting away from that, we keep coming back to the mid-1970's. was 1975, today it is 1974. .oth charts, very

kamarck lies buried in highgate cemetery marks is dead long live marks we need visionary thinkers like him more than ever as the problems of exploitation poverty and inequality remain unsolved car marks outlined a vision of a better world but it's up to us to create it. vanity might be flattering but he who surrenders to fame and. a mere shadow of himself. his ideas the revolutionary change society and altered the course of world history. but is that enough to make someone an icon. or a poster boy for communism a cult figure a cartoon character no for that you have to have something more certain something to bush the main plus plenty of facial hair contests i bet. your final report for all your marks this community spirit i don't marston's there by. karl karl marx buddha hard to tar. and as if you'd ask. there's a. little boy david and two peter was there with. his looks became his trademark draw some circles draw santa change the code and rather have added dark moustache presto karl marx everyone knows him if not his works. tonight is indeed a unique occasion in the history of televis

mark? mark: we are a small gain on the stoxx 600 off -- up by about point 1%. det .1%.s is bloomberg. ♪ xfinity mobile is a new wireless network designed to save you money. whether you use your phone to get fit. to find meaningful, thoughtful, slightly-weird gifts. or just to know which way you're facing right now. however you use it, your wireless bill is about to cost a whole lot less. ask how you get xfinity mobile included with your xfinity internet. so you just pay for data -- by the gig or unlimited. saving you hundreds of dollars a year. plus, get $300 back when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. shares of by 3.6% pure the biggest gainer on the dax index this year. credit suisse is breaking up its international wealth management division. it is another push by the chief theutive to regionalized lender according to the people familiar with the matter. it will give the regions more autonomy to make decisions and each will have its own management with the second-biggest bank approaching the final

for all your marks this community spirit i don and marxism is there by. karl karl marx who don't know it's an issue and by tar going on that as. you noted next there's a. part of it and two peter was the first or. his looks became his trademark drops the circle. the coat and rather hat added dark moustache presto karl marx everyone knows him if not his works. night is indeed a unique occasion in the history of television we are very privileged and deeply honored to have with us in the studio karl marx founder of modern socialism and author of the communist manifesto. the development of the industrial politics at its condition by. what of the development. of the industry yes today's analyses have been degraded to catchy slogans and marx himself has become almost a comic figure both eccentric and unworldly brave mom kamaishi final question. who won the cup final in ninety four i. was. not since become the ultimate pop icon he's among the famous faces featured on the beatles nation three album cover for sergeant pepper's lonely hearts club band. and as soon

this is bloomberg. ♪ mark: this is bloomberg markets. i am mark barton from london.ulie: and from new york i am julie hyman. underway inons are the paul manafort fraud child. reporter is live outside the courthouse in alexandria where those deliberations are taking place. court, 388days in photos and documents offered in evidence. from the legal experts you are how are they gaming out this case and what verdict is expected? . there are 18 discrete counts from failure to file tax returns to failure to file foreign bank disclosure statements. each one is kind of a mini trial. in order to convict the jurors will need to agree unanimously on 12 of -- on each count. if they do not agree, or agree to acquit, that is another story. the defense has a lot of time during the trial and yesterday after some asians to try to so -- after summations to try dto sew reasonable doubt. the jury began theirthe jury be- begin their deliberations and may be back any this afternoon and who knows. mark: to what to what extent wis cast doubt on the integrity of president trump's closest advi

mark.ck peek of what is happening in markets, down for the third day with trade concerns once again weighing on sentiment. the ftse is higher about 1/10 of 1%, in germany and in paris today. the first weekly decline, the stoxx 600, a quick peek of what is happening to currencies today. sterling falling by $1.3. it remains below 130, 1 2940 is where we are. it isance of a hard >> with the international trade secretary liam fox said eric we will discuss it more in the next hour. ♪ mark: it is 11:00 a.m. in new york, 5:00 p.m. in london, and 11:00 p.m. in hong kong. there 30 minutes left in the european trading day. from european headquarters, i'm mark barton. i'm vonniennie: quinn. bloomberg markets. here are the top stories were covering from the bloomberg. hsbc's bet on asia has not paid off. costs rise 7%. we will look at the new plan to turn things around. to normal, jpmorgan's jamie dimon says where headed to 5%. the 10 year treasury should be at 4%. indra nooyi steps down, saying it is

this is bloomberg. ♪ mark: i am mark crumpton with first word news. trump issued a warning to tech companies ring an oval office meeting with the president of fifa. mr. trump said "literally thousands and thousands of complaints have been received." , theytter and facebook have been treading on troubled territory and have to be careful. it's not fair to large portions of the population. mark: an apparent tweets today, the president claimed google search results were rigged against him. puerto rico's governor has raised the island's death toll from hurricane maria to nearly 3000. that is a sharp jump from what had been the official toll of 64. the move by the governor comes following reports earlier today by the milken institute school at university -- washington university. the storm to the island last september. the owner of a texas company that makes untraceable 3-d printed guns says he has begun selling the brew plants -- the blueprints through his website despite a federal court order from barring him from doing so. cody wilson said he has receive

mark: it's a good question. the story was initially published yesterday and got no interest in the market. --was today when the highlighted this story from yesterday the market got concerned. the bank of japan is joining other central banks like the u.s. and u.k. in saying, we know we are not getting close to inflation. targets are not going to be reached. but we want to normalize. we saw that when the fed started to normalize a couple years ago. they hiked preemptively. the u.k., as inflation was starting to come down and with the economy looking sluggish, they hiked because they wanted to normalize to give themselves room. japan is in a more difficult situation. they are sending the message they want to normalize just like the ecb has done. that says to investors they need to be more reactive to the data. if we get positive surprises, the yields might start reacting. that is a new scenario for the past 20 years when yields have not cared about japanese data. >> bloomberg markets life strategist, mliv on your b

mark: good to see you. john roe will stay with us julie: let's check in on the bloomberg first word news. courtney donohoe has more. courtney: the latest inflation report under expectations that the federal reserve will raise interest rates next month. rose and-- arose -- it it jumped 2.4%, the biggest jump since september 2008. the british economy bounced back in the second quarter. gdp rose at 1.5% annually. the bank of england estimates is the economy speed limit. june, it was unchanged. it appears the trump administration will come up short of its goal of locking sales of your -- iranian oil. and a significant reduction would be a blow to brands battered economy. battered economy. more than 20,000 people order to flee wildfires coming dangerously close to their homes. one person has been charged with setting a fire. in northern california, more progress and what has become the largest wildfire in the states history. it has destroyed more than 100 homes. global news 24 hours a day, online and at tictoc o

mark: thanks for joining us.we are turning now to dycon industries, our stock of -- fallingauling 20% 20% today. emma chandra is here with more. not exactly a household name. it is a telecom infrastructure company, right? provides infrastructure telecom companies need to operate. telephone poles, cell phone towers, technology that goes with those. it does not report provides infrastructure telecom companies need to operate. second-quarter until the end of the month. the preview was not good, below analyst estimates. they warned about the third the 2019 earnings range $1.50 below what had been forecast. we had a chart here which shows how it fares after earnings. six of their last eight quarters shares have fallen and on three of those occasions, by more than 15%. julie: what is the problem here? >> a number of projects have been delayed. fromw a drop in revenue customers who have pulled back wereending while they waiting for the time warner merger to be approved. the mergeruggested might not be going as quickly a

you also disrespect mark, unless you're one of his four kids.they don't like having a famous dad. >> you're embarrassing dad. you ruin everything. my son who was just going to summer school and he was like, dad, wait in the car. i'm like, i'm dropping you off for your first day on a new campus. you don't even know where you're going. well, stay 30 feet behind us. then all of a sudden, i'm the weird guy who's just wandering around the campus by myself with my phone. but yeah, it is what it is. i'm still going to be there. >> i hear ya and i understand that, mark. >> don't worry about being cool if marc wahl best is not cool. >>> let's talk tv partners in this crime or in this case, craft. "parks and recreation" alums amy poehler and nick offerman are together again, and it seems all is fair in love and diy. >> hi, i'm amy poehler. >> and i'm nick overman. welcome to "making it." >> these two close friends starred on "parks and recreation" for seven seasons. now, they're reunited hosting the new crafting competition show. think "project runway" bu

mark: live from london, i am mark barton with the european close.e it on, shares are rising the most in eight months today, the state-controlled dutch lender reporting better-than-expected results for the second quarter. the company is cutting staff. the ceo talked to bloomberg about how he is transforming the investment bank so it can survive. >> we are making a number of changes to ensure that business target of 10 to 13% to which is the target we have for the group as a whole. we are looking to do three things. reduce the capital we deploy andthat business, cut costs, n transform the business model to ensure the that business is well-placed to succeed. >> good morning, good to have you with us. you're clear on the extent of the changes you are making to cib describing it as the corner of the banks. did you at any point discussed with the board closing the unit or was that ever on the table? we looked at things carefully and we said we would give an update on the corporate bank on q1, and we are doing that today. we reviewed the business carefully

this is bloomberg. ♪ mark: from london, i'm mark barton.an up flinch in a trade war, that is dominating willment -- sent says it not flinch in a trade war, that is dominating sentiment. .20%.oxx 600 fell by hsbc struggling to produce significant revenue growth on its long-term bet on asian markets. the second quarter adjusted revenue up 2%, below the average estimates of 3%. cost did rise 7%. john flint stepping up investment in technology. revenue growth poultry and say the stock is likely to be in a holding pattern until evidence of delivery on operating leverage. shares down this monday. linde and praxair, breaking news. we chatted to our man in germany. , shares falling earlier, the most in a year after the u.s. into the trust regulators raise this hurdle to the merger. it could derail the deal to create the world's biggest industrial gas producer. the federal trade commission indicating it wants the companies to sell more assets before to prove their deal. linde did note a higher likelihood the requirement may to total asset disposals

mark: in that range? marcus: i think we may be go a little bit lower in yield and that seems to be the trend. mark: bloomberg's marcus ashworth. vonnie: let's check in on the bloomberg first court news -- first word news. courtney: trade talks between the u.s. and china are getting underway in washington after being at a stance and -- stansell. -- stand still. a u.s. undersecretary and chinese rice commerce mina -- they are set to take effect tomorrow. the u.s. trade representative's office is downplaying speculation that a nafta deal with mexico is imminent. officials say there are major issues to be resolved. x ago's economy minister is hoping to resolve nafta issues in the next hours or days. the new u.s. national security adviser john bolton said the trump administration has not decided when to release long awaited mideast peace plans. he said the palestinians should move on from president trump's decision to shift the u.s. embassy to jerusalem. global news 24 hours a day on air and @tictoc on twitter

mark mobius.e have a look at an economic expansion, not quite as good as one would think with that story, as well as others. >> the congressional budget office says slightly -- forcast for u.s. growth of this year, warning of uncertainty on the u.s. tariffs. expanding 3.1% through 2018, down from 3.2% forecast in april. 2.4% next year on government purchasing." and adding 18 stocks and deleting four from its acwi index after a quarterly review. the only addition to the world index will be a japanese chemical company, the china united network and handmade petrochemical shares joining the emerging markets index. they say the changes will happen at the close of trade on august 31. and at least six people feared dead and thousands more have been displaced as a tropical storm hit manila. the powerful storm caused a river to burst its banks, forced a residents to take shelter in makeshift evacuation centers. the local council says it has declared an emergency for 20,000 people. global news 24 hours a da

coming up, how safe is mark zuckerberg?e will take a look at how much security the facebook ceo really needs. this is bloomberg. ♪ is is bloomberg. ♪ emily: mark zuckerberg's spot in the limelight comes at a cost, $7.33 million to be exact. that's how much facebook spent last year protecting his ceo during his tours across the united states and that his homes. security $10ed the million. is this appropriate for a tech ceo? you have a chart that shows that zuckerberg gets the most for personal security than any other public company ceo. why so much? >> well, there are probably a couple different reasons. for one, he leads a company that is one of the world's biggest and most well-known. he is extremely rich himself. compared with many other ceos, he is fairly open with his private life. he posts pictures from his family and travels on his facebook account. the company has been in a little bit of hot water this spring with regards to its privacy policy and potentially how the platform was used in the run up to the u.s. 2016 e

-- mark is? has done a wonderful job covering the topic and i agree this is the next thing in terms of the mobile device, but it is going to be a long time away. i am optimistic about apple's business over the next several years. i want to emphasize that, because the hardware business, the iphone business is operating almost like a services business, putting it together and answering your question, i share mark's optimism about the future impact that augmented reality will have on consumers. is not justine, it products that have led to this run-up, it is also share buybacks, correct? caroline: -- certainly when it comes to the share price. there is a chart that highlights how much the ramp up in share price has been driven by buybacks. they bought back phenomenal quantities, billions since they announced the attempt -- intentions and you do the math, you can see 42% of the share ramp-up is because of these share buybacks. that doesn't mean the market capitalization is driven by that because when

mark: exactly. comments are misplaced. , head of fixed income, old mutual global investors is going to stick with us. up next, the world's biggest miner, bhp billiton under pressure down under, under pressure in london, down 1.17%. this is bloomberg. ♪ guy: welcome back. 12 minutes into the session. funny of stocks we need to focus on. me start with bhp billiton, one of the biggest stories in individual stocks today, trading lower in sydney. the company paid out a record dividend, and profits hit a four-year high. investors are focused more on the rise and cost of bhp billiton, it has yet to set out a plan to return proceeds of its shale exit. andrew mackenzie, the ceo spoke to bloomberg, and said america could lose out from the trade war. >> there are a lot of countries that want to trade more with each other, and now it looks like the u.s. wants to trade less with them. china will absolutely walk into that area and look to find exports from other people. billiton ceo talking about the ships we mig

boe in her mark carney -- boe governor mark carney spoke with francine lacqua. right position for the economy given the track it is on. obviously there is a wide range of exit outcomes -- brexit outcomes that are possible. we all hope that by the end of the year we will all be more informed on what path the u.k. and eu are taking. in a variety of those potential outcomes, they would be consistent with rates at their current level, if not higher. certainly there could be circumstances where it would make sense to adjust policy. but i think we all know what those circumstances are, and at that point we will take them into account. francine: what would that actually meet with the rate cut? carney: it is a set of circumstances that what happened post-referendum, where the balance of what happened to the future supply of the economy demand, which was more of a business hit than a consumer hit at the time, and the exchange rate, the combination of those things make sense for us to extend the horizon over which we brought inflation back to target . it does look like th

will it hit the $1 trillion market cap mark?e have got to get it just over 207 in terms of our price to have that milestone. this is bloomberg. ♪ erg. ♪ commerzbank from bloomberg's -- day, italy up by 1.7, germany up by 1.5. euro stocks down. why? trade tensions. this is what drags down -- despite good numbers coming from the likes of barclays. greek 10 year seeing 20 basis points higher. 12 to 130 year up basis points. it seems there's concern that japan's volatility getting up tick in yields. will they buy european debt as much as they have? the weakest bid to color ratio that we have seen in a decade. it is the concern about this that drives the selloffs and widening. big moves across the foreign exchange. let's have a look at some of the stocks that are on the move. some numbers look good. metro currently up almost 10%. this helped offset some of the falls in the tax. finally, russia is turning around the metro. they say the worst is behind them, lowering prices, encouraging buying. let's get back to the red. german enginee

mark gurman has the answer to how it got there. mark: after months of waiting, it finally happened. apple has become the first u.s. publicly traded company to hit a $1 trillion valuation, leaving the likes of amazon, alphabet, and microsoft in its wake, but not far behind. >> 2, 1, whoo! mark: apple's milestone is significant and a testament to the rapid growth spurred by the success of products like the iphone and ipad, as well as ceo tim cook's leadership after taking over for visionary cofounder steve jobs in 2011. >> and we are calling it iphone. mark: but let's not forget that what is now the world's most valuable company was on the brink of bankruptcy as recently as the late-1990's. that was until cofounder steve jobs returned to the fold. since then, it was one success after another. in the seven years since jobs' death, cook has steered apple to new heights, by launching new devices like the apple watch, iphone x, and airpods. he has pushed the company deeper into new services, like apple music. it is now a key revenue driver. cook and his team are not stopping there. they'r

sorry, mark. >> mark: i'm sorry jimmy >> jimmy: thanks, kamal. >> mark: thanks, kamal. >> kamal: it's"camel." [ laughter ] ♪ >> jimmy: how am i supposed to -- i didn't know that. thank you, mark and camel from the roots, everybody. [ indiscernible ] [ cheers andpplause ]at i saw hite house press secretary sarah huckabee sanders couldn't guarantee that there's no tape of trump using racial slurs. sah said, "at this point, think of anything and there's probably a tape of trump doing it." [ laughter ] [ applause ] yeah, in the past few weeks, tr p has insulted several notable african americans like omarosa, lebron james and don lemon. but today trump said, "he'll stop. because those are all african-americans he knows." [ cheers and applause ] he has to stop. this is interesting. another thing omarosa wrote in th book is that melania tru uses her fashion choices to get back at donald. i think she might have a point. check out some of melania's recent looks. for example, this outf is all green, the color of trump's greatest enemy, vegetables. [ laughter ] next up, a lumber jack look to rem

mark. breaking his spirit mexico central bank decided to hold rates at seven and three quarters percent. this is largely in line with analyst expectations. traders were expecting a little bit of a hike because there is concern about accelerating inflation. i want to head over to our mexico bureau and are mexico joins us fromho mexico city. carl is, what was your big take away from this rate decision? carlos: namely that while the bank acknowledged that there was a higher inflation than expected, they are not worried that the weaker peso that they had a year ago will prompt higher inflation. in other words, they are at peace in the way the peso is trading. without that worry, they see themselves that they have room to wait and see. see how inflation performs in the next couple months. now that the fed is increasing rates in the short term. that has created a little bit of transition period for them. and mexico, we have a new government taking over in december. they don't want to expose all t

and mark has captured in all the books that john has written with mark, mark has captured the essence of john mccain. his spirit. i was looking at some of the words that might be appropriate for john, and i went back and reread tennyson's ulysses and i thought of john as i went through the poem. and john was one who was a not to go unburnished, not to shine until the end, to seek, to strive, to find, not to yield. that's who john was. he was always passionate. he was fun to be with because you knew you were on a journey of importance. someone who had that leadership quality you wanted to be in his company always. good times and bad times. you wanted to be with him. and so the bell tolls for him. it also tolls for us. and that's part of the message in hemingway's works as well. that a thing well done can make all the difference. and i would say that a life well lived has made all the difference. certainly for me, for america and for much of the world. >> i wanted to hear from you today was, many people may not know the former defense secretary, and house member is also an accomplished

as mark is here? gene: yeah, mark has done a wonderful job of covering the topic, and i wholeheartedly agree this is kind of the next thing in terms of the mobile device, but it is going to be a long time away. i am very optimistic about apple's business over the next several years. i just want to emphasize that piece, because their hardware business, the iphone business is operating almost like a services business. but kind of putting it all together and answering your question, emily, is that i share mark's optimism about the future impact that augmented reality will have on consumers. emily: and caroline, it is not just products that have led to this run-up, it is also share buybacks, correct? caroline: certainly when it comes to the share price. i mean, there is a fascinating chart that really highlights how much the ramp up in share price has been driven by buybacks. they bought back phenomenal quantities of shares, billions spent since they first announced those buyback intentions. and actually

mark berman has the answer. mark: after months of waiting, it is finally happening. apple has become the first u.s. publicly traded company to hit a $1 trillion valuation, leaving the likes of amazon, alphabet, and microsoft in its wake, but not far behind. >> 2, 1 -- [cheering] mark: apple's milestone is significant and a testament to rapid growth spurred by products like the iphone and ipad, as well as ceo tim cook's leadership after taking over from visionary cofounder steve jobs in 2011. [applause] >> we are calling the iphone. mark: let's not forget that what is now the world's most valued company was on the brink of bankruptcy as recently as the late 1990's. that was until cofounder steve jobs returned to the fold. since then, it was one success after another. in the seven years since jobs' death, tim cook has launched key new devices like the apple watch, iphone x, and the air pods. he has also pushed the company deeper into new services like apple music, which is now a key revenue driver. and cook and his team are not stopping there. they are keeping apple on

yeah, mark is -- marks has been right there. he's right there today. so, he's someone that will always be linked to the mythology of john mccain. i think when you talk about just these little anecdotes, what it's like to hang around him, there are few politicians these days, by the way, who let you just hang around. there is a probably good reason for that. john mccain was never great for the age of twitter. some of these pre-twitter campaigns, 2007, 2008, 2000 were much better suited for mccain. 2000 better than 2008, by the way. but he -- it's just trying to remember things and tell stories. first, you try to edit for tv what you can tell and what you can't tell. it's often just the things that are buried in your notebook or buried at the end of the story you've forgotten. i was reading things today. i was writing about him for the washington post in 2004, i think, and we had gone to an arizona diamondbacks game. we were sitting in the front row. the opposing pitcher for san diego, i think, he was a relief pitcher and said up on the scoreboard this g