to attract an even more commission user base to ask our financial correspondent in new york at the new york stock exchange so fishermans key watching the apple stock for us and also see all that we just saw as sounds like good news for apple but that's not how investors see it right exactly that was a bad week for the f.l. stock at least for the week chairs of apple are down close to six percent so far their worst performing week ever prior to an i phone or apple was launched so the company sells more than fifty billion dollars from its market value since it launched the new products according to fact data investors are disappointed because as you mentioned i phone a demand is lower than i phone six or seven demand at this point in the cycle and one reason might just be the i phone ten i don't think anyone is planning on buying both the eight and ten so i guess a lot of people are just waiting for november third now apple fans in the u.s. can buy their i phones through their mobile service provider and it seems like we're seeing some changes there too. yes so first of all these are reports that haven't be

our financial correspondent in new york at the new york stock exchange watching the apple stock for us now so all of that we just saw sounds like good news for apple but that's not how investors see it right. exactly that was a bad week for the apple stock at least for the week shares of apple are down close to six percent so far their worst performing week ever prior to an i phone or apple watch lawn so the company had more than fifty billion dollars from its market value since it launched the new products according to fact data investors are disappointed because as you mentioned i found a demand is lower than i phone six or seven demand at this point in the cycle and one reason might just be the i phone ten i don't think that anyone is planning on buying both the eight and ten so i guess people are just waiting for november third now apple fans in the us can buy their i phones through their mobile service provider and it seems like we're seeing some changes there too. yes so first of all these are reports that haven't been commented are validated yet by any of the two involved compan

roxana saberi at the new york stock exchange.hanks. >> you bet. >>> still ahead, a swing for the record books. alex gordon breaks a record with a solid hit last night. when food is good and clean and real, it's ok to crave. and with panera catering, there's more to go around. panera. food as it should be. tech: when you schedule with safelite autoglass, you get time for more life. this family wanted to keep the game going. son: hey mom, one more game? tech: with safelite, you get a text when we're on our way. you can see exactly when we'll arrive. mom: sure. bring it! tech: i'm micah with safelite. mom: thanks for coming, it's right over here. tech: giving you a few more minutes for what matters most. take care! family: bye! kids singing: safelite® repair, safelite® replace. facing an epidemic ool is th fueled by opioid painkillers. vanessa: in honor of recovery month, we want you to know that recovery from addiction is possible. christie: the signs you spot today... vanessa: ...could save a loved one tomorrow. christie: to learn

hena doba at the new york stock exchange.s a lot, hena. >>> still ahead, a scary moment at a ballpark. a line drive going more than 100 miles an hour strikes a young girl in the stands. but no matter where i ride, i go for my best. so if there's something better than warfarin, i'll go for that too. eliquis. eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. eliquis had both. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily... ...and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding skri tell your doctor about all planned medical or dental procedures. i'm still going for my best. and for eliquis. ask your doctor

roxana saberi is at the new york stock exchange with that and more.rning, roxanna. >> good morning, anne-marie. fed chair janet yellen says the fed plans to keep raising interest rates despite the inflation. she told the fed not to raise them too slowly. they'll raise them again in september, which will be the third rate in aee. they've kept them unusually low to encourage borrowing and investment. >>> the major u.s. index has finished the day with little change. the dow lost 11 points, the s&p ended about where it started, and the nasdaq gained 9 points. >>> the ceo of the embattled credit reporting agency equifax richard smith has abruptly retired. he's served as ceo since 2005. earlier this month they announced there was a breach of information on millions of americans. the company says he won't receive his bonus this year. >>> you may know james dyson of the bag else vacuum cleaner, but now he's getting into the electric car business. dyson has announced he's building a radical all-electric car if launch in 2020. he says his 400 engineers have alr

javier: sophie at the new york stock exchange, thank you very much.t is all from the business desk. back to you brent, and another topic that is keeping us busy. brent: hurricane maria. another monster storm beginning to batter the caribbean. the prime minister of dominica has described maria as quote, devastating and mind-boggling. the storm has intensified again and become a category five storm. marie is moving roughly along the same string of islands as hurricane irma, the hurricane that devastated the region earlier this month. is expected to move towards puerto rico and the virgin islands tonight and tomorrow. maria made landfall monday with winds up to 260 kilometers per hour. reporter: maria ravaging the french island of guadeloupe a. heavy rain and for use wind has left many areas without power. authorities have also received reports of flooding. >> we have limited contact at the moment. it is really very patchy. we are in touch with forces and police to give us some information we have very little details at this stage. reporter: another fren

roxana saberi at the new york stock exchange.hanks. >> you bet. >>> still ahead, a swing for the record boks. ex gordon breaks a record with a solid hit last night. ♪ when food is good itead antocl cn vean.d rea, and with panera catering, there's more to go around. panera. a tech: when you schedule with safelite autoglass, you get time for more life. this family wanted to keep the game going. son: hey mom, one more game? tech: with safelite, you get a text when we're on our way. you can see exactly when we'll arrive. mom: sure. : chm i'temicait! h wi elmothm: thanks for coming, it's right over here. tech: giving you a few more minutes for what matters most. take care! family: bye! kids singing: safelite® repair, safelite® replace. earthquake in central mexico... we'll have the very latest on the damage, and the search for survivors. maria is bringing more misery to the storm-battered caribbean this morning... where the powerful hurricane is headed... and a bay area chipotle employee claims his manager kept a "sex scoreboard" insi

>> hena doba at the new york stock exchange.ou so much, hena. >>> still ahead, the deadly toll of the opioid crisis on young people. >> reporter: emergency rooms across the country are being flooded with children addicted to opioids. i'm kenneth craig in new york with the new research coming up. ! i'm just airing them out! luckily we discovered tide pods plus downy. so our jeans stay in great shape. and they actually get clean. what? we can wash 'em. tide pods plus downy. super concentrated to clean, condition and keep your favorites looking great. it's got to be tide. that's why nature's bounty melatonin is made to help you fall asleep faster and stay asleep longer. so you'll be ready for whatever tomorrow brings. because mom's love is unconditional. even at 6am. nature's bounty melatonin. we're all better off healthy. nature's bounty knows healthy cholesterol starts in your gut. so we made cardio-health, an innovative way to support healthy cholesterol, containing lrc, a probiotic strain that helps you metabolize dietary chole

lot of money for apple that's the question let's ask our financial correspondent in new york at the new york stock exchange watching the apple stock for us now so all of that we just saw sounds like good news for apple but that's not how investors see it right. exactly that was a bad week for the apple stock at least for the week shares of apple are down close to six percent so far the worst performing week ever prior to an i phone or apple watch launch so the company says more than fifty billion dollars from its market value since its launch the new products according to fact sent data investors are disappointed because as you mentioned i phone a demand is lower then i phone six and seven demand at this point in the cycle and one reason might just be the ads from ten i don't think that anyone is planning on buying both the eight and the ten so i guess people are just waiting for november third now apple fans in the u.s. can buy their i phones through their mobile service provider and it seems like we're seeing some changes there too. yes so first of all these are reports that haven't been commented on the

for nightly business report, new york stock exchange. >>> the situation with north korea is complex. not just for the united states, but for many countries in asia. we have three reports for you tonight. the first one is from yfrom. >>> the five nations that make up the bricks have wrapped up three day summit with a condemnation of north korea's nuclear tests. in the declaration, brazil, russia, india and south africa jointly said they deplored t ed and hoped it would be resolved through peaceful means. he and russia president vladimir pu to appropriately deal with pyongyang over nuclear test. president xi also met with prime minster modi in hopes of smoothing over month long conflict over a territory in the himalayas: leadership role in the developing role and own image as a champion of globalization. at the conference, president xi emphasized a need to ward off rising protectionism and embrace multilateral trading systems. also said it was comprised. should tighten economic ties. as a way to usher in what he described as a new golden decade for the bricks. for nightly business repo

roxana saberi at the new york stock exchange. a lot, roxana. >>> still ahead, storm-related illnesses. a warning for hurricane victims about serious infections that can kill, brought in by floodwaters. ons that can kill, brought in by floodwaters. fibromyalgia is thought to be caused by overactive nerves. lyrica is believed to calm these nerves. i'm glad my doctor prescribed lyrica. for some, lyrica delivers effective relief for moderate to even severe fibromyalgia pain. and improves function. lyrica may cause serious allergic reactions, suicidal thoughts or actions. tell your doctor right away if you have these, new or worse depression, unusual changes in mood or behavior, swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling, or blurry vision. common side effects: dizziness, sleepiness, weight gain, swelling of hands, legs and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who've had a drug or alcohol problem may be mor

i'm bob pisani at the new york stock exchange. >>> standard & poor's has cut china's credit rating for the first time since 1999. the rating agency is citing risks from soaring debt in that country. analysts say the downgrade highlights challenges faced by communist leaders as they cope with slowing economic growth. >>> president trump announced new sanctions on north korea and said china, north korea's biggest trading partner, has ordered its banks to stop doing business with pyongyang. >> china. their central bank has told their other banks, that's a massive banking system, to immediately stop doing business with north korea. this just happened, just in addition to everything else, what we will do is identify new industries, including textiles, fishing, information technology, and manufacturing, that the treasury department can target with strong sanctions. >> the treasury secretary today said the u.s. plans to call on russia to do more as well on the north korean situation. >>> in mexico city, rescuers there continue to push through debris for signs of any life, two days after that

she speaks, the business world is listening and if so is our financial correspondent at the new york stock exchangegood to see you. ok, based on what you have heard and what we have heard, will we see a further rate hike this year? correspondent: it seems so. over the last couple days, the futures were already looking at the possibility of the rate hike this year, probably in december after conversations and washington about tax cuts and the fiscal stimulus. today, after the dot plot was published, expectations have skyrocketed to over 70% in favor of a 25 basis point increase by mid-december, that will lock the short-term interest rates between a range of 1.25-1 .5%. and janet yellen said the path will increase, but if you want, let's listen exactly to what she said. janet yellen: we have raised the funds rate four times and we believe we are on a path where it will likely be further increased over the next couple of years, which will give us greater room. and we think the recovery is on a strong track. so the reason for our actions today, and beginning to run down the balance sheet, is we think t

we have traders today at the new york stock exchange, cme group and nymex. 's matt cheslock at nyse, mark sebastian and alan harry at the nymex. matt, let me go to you, new york stock exchange, on this question about valuations. it doesn't seem like much stops this rally. understand we're down a little bit, basically flatted today, but what do you make of where we are? >> listen, we've had nine straight up days in the dow, so it's about time we have a small pullback. and you're not going to be buying this dip. this isn't what we're looking for. this market continues to grind higher on sector-related moves. so certain sectors are taking us higher while one or two give back. technology was soft early in the week, it was made up by financials and some of the consumer discretionaries. valuations aren't high enough to even get close to calling it a bubble. connell: now, the other thing, mark, that doesn't seem to shake up the market much, these geopolitical events. this is serious stuff with north korea, but, you know, i guess until something actually happens, the

at the new york stock exchange will follow that up with you thank you very much. back to europe now where shares in german lender spike briefly on wednesday after renewed speculation that a merger could be on the cart's according to the reuters news agency italy's unicredit recently approached the german government with an interest in merging with the state backed lender it's still early days but such a move could go ahead and it would be in that case one of europe's largest ever crossed for mergers. and speaking of fusions it's the latest move to counter europe's steel crisis german industrial giant isn't cope as merging its european operations with its indian competitor to are better than one they say but employees are not really that enthusiastic about the news as the fusion will likely cost thousands of jobs. protests have already begun at this to plant where workers have set up a vigil for the jobs they're afraid to lose two thousand in management and another two thousand in production split evenly between the two companies some fear these cuts are only the b

what's it like at the new york stock exchange? >> you might imagine, it's built up over the day. there was no euphoric rush, they're coming into stocks and small caps, that's where you're going to see the biggest benefit from tax plan. they are reaching into tech names now because of possible repatriation, there are a couple of sectors you see leadership in. and movements in the banks, that's janet yellen related. liz: what do you see might get hurt by the plan? is there any rush out of certain sectors? >> without a doubt. the rush out of bonds, out of the treasury market and rush out of sectors that are seen as bond proxies. utilities, telecom, the staples. the areas where dividends matter, that's where you see people move out of the stocks because there's no longer the premium associated with them. liz: trying to see what we have for the 10-year about 2.3%, up 7 basis points. there is money coming out, absolutely, from bonds. congressman kelly, tell me again, really specifically, though, would you give on something like the elimination of the estate tax? that i don't get, two te

rowe price, nasd nasdaq, parent company of the new york stock exchange, blackrock.sh area be, apple and companies have largest cash piles, relative to their market cap, hewlett-packard enterprise, agiliad, these are companies that would benefit the most that haven't seen that much of an increase. >> that's why i think you're seeing this kind of broader -- some zoks that are doing well and some sectors and broadening out a little bit because repatriation impacts a lot of different sectors but a lot of company specifics as well. financials for sure will benefit. biotech will who knows what they're really going to do. you know, we don't really know if they're buying back stock and throw out a special divvy, something like that, that's fine we want to see m&a activity, capital investmentme. >> it's not like investors are saying show us the money, they're signaling to companies, we want you to put this to work in the real economy. >> the mismatch is the companies with all the cash are not companies that need to do a ton of plowing it back into their own business. >> how

mexico of santander joins me from the new york stock exchange. you advising clients on the upcoming presidential election, which takes place in mexico next july? >> we are telling clients to stay calm. we will not know the rolex -- results until mid-next year and we tell them to continue as they were and with their investments. we see mexico as a great opportunity. near-term, mexico will continue to grow. vonnie: how has the election of donald trump impacted your business over the last several months? >> at the beginning, he impacted, first of all, because of the exchange rate, helped us a lot. the rates have doubled in mexico over the past 1.5 years since the election and cooperation started. undere maintained it control, inflation came up a little bit because of the exchange rate. the economy is growing healthy and consumer consumption is good. people have bought new cars, appliances. we will grow more than 2% this year. we have seen that little by little, people are getting more calm about the situation. grow as expected. vonnie: are you conce

we're at the new york stock exchange with what to expect. >> as bad as the damage from hurricane irmas the dow gained 229 points. its biggest gain since late april and the nasdaq jumped 22. equifax are piling up. hackers may have stolen the personal information of 143 million americans security experts suggest somehow should be suspected. the department chain is trying something different. smaller shops without any clothing in stock mplts personal style itselves will offer at ever advice to customers. the shops offer alterations and man cures. and apple fans will get their a iphone today. that's about twice the cost of the original iphone. >>> okay. and if we want to spend $1,000 will beget the opportunity? >> there could be a limited supply of what's now being dubbed the iphone x during i its first few movrptds of sales. >> okay. coming up, help from above. we'll get a bird's eye view as the coast guard saves victims across florida. due to afib, a type of irreheartbeat not caused by a heart valve problem. but no matter where i ride, i go for my best

traders at new york stock exchange and cme group are ready.eddy, what do you think, hurricane yellen or hurricane maria? >> short term clearly potential destruction from a hurricane, intermediate to much longer term it is all about the fed. what they intend to do with the balance sheet is well-telegraphed. the net-net will ultimately be liar interest rates in this country and i think the financial sector is reflecting that. liz: tell you what the markets are reflecting overall, larry. the s&p, you could call it up, basically flat, slightly higher. seems like wall street and investors are holding their fire until janet yellen says something. what if she comes out tomorrow, says, yes we're starting to unwind? she is very frank about it? what happens then? hurricane yellen takes the stage. >> yeah, well, depends what she says. given the focus of reflation, given the fact that the banks carried leadership at times in this market, bank index up $6 in seven days, i think it needs to be in line. that is we're going to start normalizing the balance sh

. >>> hena doba is at the new york stock exchange with that and more.na. >> good morning, brook. here on wall street stocks fell lower. the dow jones lost 53 points, the s&p 500 fell 7 points, and the nasdaq finished 33 points lower. >>> buying a house is getting more expensive. mortgage rates are going up. the average rate for 30-year fixed rate mortgage is 3.79%. a month ago the rate was 3.75%. a the current rate you'll pay a combined $469.30 per month in principal. that's an additional $2.84 per $100,000 compared to last week. rates on 15-year and adjustable rate mortgages have also gone up. >>> and a new york coffee maker that claims to sell the world's strongest coffee has announced a recall. death wish cough is recalling cans of its nitro cold brew because it contains a deadly botch land. >>> still ahead, hernandez, a study of his brain reveals startling information 678 orrow . because mom's love is unconditional. even at 6am. nature's bounty melatonin. we're all better off healthy. nature's bounty knows healthy cholesterol starts in your gut. so

. >>> money watch is headed joins us from the new york stock exchange. >>> they start the two-day meeting, investigatvester are w the. filed for bankruptcy protection, there are approximately 1600 toys are us and babies are us stores around the world. the company said they will continue to offer it as usual and intend to use the bankruptcy to restructure. >>> the fight of good labor market american workers are not likely to see a real pay raise. a new south philly of 1,000 u.s. companies base pay expected to rise 3% in 2018. but the incentives will be about 12 and a half % of payroll. the data is from a professional services firm called, a ion and a tightening of the belt signals pessimism of performance in the year ahead. >>> sprint is offering iphone 8s for free, that's if you have a relatively new iphone or samsung, sprint announced after at&t offered buy one get one for new customers, to a to participate in sprint's motion you'll need to enroll in the program. back to you. >> a lot of people don't look at the fine print. thank you check in with you tomorrow. >>> money magazine ranking

let's ask our financial correspondent in new york at the new york stock exchange, watching the apple stock for us. now, all of that we just saw sounds like good news for apple but that's not how investors see it, right? >> exactly. that was a bad week for the apple stock at least. for the week, shares of apple are down close to 6% so far. their worst performing week ever prior to an iphone or apple watch launch so the company said more than $50 billion from its market value since it launched the new products according to data. investors are disappointed because as you mentioned the iphone 8 is lower than i phone 6 and 7 in the sickle and one reason might be the iphone 10. i don't think anyone is planning on buying both the 8 and the 10 so i guess people are just waiting for november 3. >> now, apple fans in the u.s. can buy their iphones through their mobile service provider. it seems like we're seeing some changes there, too. >> yes, first of all, these are reports that haven't been commented or validated yet by any of the two involved companies, but according ta report -- they are

. >> for the past 16 years traitors that they new york stock exchange and wall street have honored those who have died in the worst terror attack on u.s. soil by ringing silence. the new york stock exchange and the nasdaq closed for six days after the tragic events on september 11, 2001. let's go to today's four show in the not -- teddy weisberger friend from this time at the cme chicago phil flynn also a "fox business" contributed. teddy you've been with the nic forever. an exact time here but looking back to 16 years ago and where we are today i always think of this about the terrace. you tried but you did not succeed. america coming back but how do you see it? >> i think first of all the big fear for me personally is that 9/11 is a photo up and not reality but for any of us who work here or certainly live in new york city we were all impacted either directly or indirectly. it's a day that i will never forget and i hope many of your viewers, all of your viewers will never forget. not only did it change our lives domestically in the united states but i think it changed everybody's lives

i'm scott wapner we're live from the new york stock exchange, where a new ipo opened for trading today and could very well change the way you invest in the most promising tech companies of the future jamaf is the ceo behind that new venture which some are calling ipo 2.0. he's here for the hour today and congratulations on what i know is a big day for you. >> thank you. >> also here, john najarian, jim laventhal, josh brown. jamoof has views on a whole number of popular companies and ones you might not have heard of yet but soon will. it's good to have you here did this go as you expected? >> it went way better than i thought it could go, quite honestly our whole goal was to fix a liquidity problem we see in silicon valley, which is employees are churning out of companies at faster and faster rates because they don't see a path on being compensated on what they believe is a fair mechanism. it's a bunch of issues with the traditional ipo process creating this log jam when we see that, as entrepreneurs tend to do, they try to unpack and fix it being able to reverse merge a lot of these c

roxana saberi is at the new york stock exchange with that and more.ood morning. >> good morning, anne-marie. energy stocks rose after the government saidil stockpiles shrank last week. the dow picked up 39 points, the s&p added a point, and the naz diamondback gained nearly 6 points. >>> retail rose after it said it was hiring about 1,000 workers. that's about 30 more than last year. they'll add 4,500 jobs at ilts distribution centers to help with online orders. they're one of the first to announce their holiday plans. >>> hurricane irma has affected the citrus crops. it's not clear how much it will affect prices at the grocery store. early reports indicate up o too a 70% crop loss in the orange regions. paul said there's nothing to salvage. >> there's nothing. >> this was a banner year. >> this was a banner year. if we delivered this crop, we would have been back in the black for the very first time in a long time. >> he said he's never seen crop damage like this. pr>>> esident trump used an executive order to block a chinese-backed firm from buying

roxana saberi is at the new york stock exchange with that and more. roxana. >> good morning, anne-marie. the dow gained 74 points for the week. the s&p finished one point up, and the nasdaq lost 23 points. >>> uber is reportedly ready to make concessions to win back its license to win back london. london regulators decide last week not to renew the company's license. uber's concessions could eninvolve passenger safety and benefit for drivers according to the sunday times. >>> "thehe kingsmen" the top at the box office. they continue to pull in record crowds. followed by the lego ninja go movie. >>> the retail giant is offering to stock your fridge've ebb if you're not home. workers would use a temporary door code to enter. they'll be monitored by security cameras which customers can watch on their smartphone. for now it's being tried in silicon valley. >> and maybe they can take away some of the spoiled milk they haven't thrown out yet. >>> a new exercise making waves. we'll show you a special treadmill that's taking the pain out of running. i wanted

let's get to traders at the new york stock exchange and the cme group. to you, scott redler.k and see and -- >> i would say a big portion of it, but the three headlines you just showed is really like a formula or con south concoctiony we're getting a risk offed today. traders pull back a little bit. and now that everyone's home from the summer, we want to figure out what type of composure we're going to have. if you remember last week, we had a nice rally off those north korea headlines into what was almost the highs of the year. so at the -- i think traders did pull back because we were a bit overbought, and now we're trying the figure out what means more. was last week's rally a fluke or is today, you know, just a day in the life to buy the dip. i think today you have the s&p cash at 2446, that's your new point of reference. traders might try and be long versus that, but if we close below that in the next day or so, we're back to the lower edge of the rake. liz: we're at 2455 right now for the s&p 500. chris, september is typically the worst or at least one of the worst mon

bob pisani is at the new york stock exchange with more bob?er: hello, melissa. 37 record closes on the s&p, the most on a year to year basis since 1998, wow. a slow grind higher all year one of the more unusual features has been the lack of any significant pullback it's a little weird. we haven't had a 3% pullback since march of this year we haven't had a 5% pullback since june of 2016 and we haven't had a 10% pullback since all the way back to august of 2015. that's a little weird. i've been here 20 years. normal years with stocks advancing, we'll see at least one pullback in the 10% range, that's my experience another weird aspect of this rally, the low volume and the low volatility volume is a three-year low right now. here is the good news. it doesn't seem to be killing enthusiasm at the retail level for example, trading volume in the third quarter is down 11% compared to the same period last year but daily average revenue trade or d.a.r.t.'s as they are called, they're up 15% from the same period a year ago, wow. some are engaging in mark

. >> hena daba is at the new york stock exchange. >> shares of u.s.t investigators consider the potential losses caused by hurricane irma. the dow jones slipped 22 points, the s&p lost less than a point and the nasdaq gained four. amazon plans to build a second headquarters in north america. amazon says it will spend $5 billion to build that new headquarters. it will house as many as 50,000 employees. amazon says it is seeking proposals from local and state governments to plan to select a location next year. >>> the fda says the maker of the epipen failed to investigate complaints that the auto injectors malfunctioned. they are used to treat life threatening allergic reaction. they say meridian medical technologies did not properly investigate more than 100 complaints concerning life-threatening emergencies. in one case, one patient died. they said they are very confident in the safety and efficiency of the epipens being produced. >> thank you, hana. >>> still ahead, taking out the trash. texas officials are warning about the long-term cleanup followi

reporter: i'm nicole petallides on the floor of the new york stock exchange with this fox business brief. a day of new highs for the major average, the dow, the s&p and nasdaq all hit all-time highs. the company behind angry birds aiming for a roughly one billion dollar valuation when it ipos in helsinki. the initial price for the range $12.24 a share. >>> and lyft may be driving away with new investor. alphabet is in talks for one billion dollar investment. this would be interesting for google, speaking of uber, for a discount. the deal would give softbank 22% stake in uber if it can convince the shareholders to agree to option that prices share the discount. we'll see on that. "countdown" right after this break. if you'd have told me three years ago... that we'd be downloading in seconds, what used to take... minutes. that guests would compliment our wifi. that we could video conference... and do it like that. (snaps) if you'd have told me that i could afford... a gig-speed. a gig-speed network. it's like 20 times faster than what most people have. i'd of said... i'd of said you're dre

news". >>> time 5:37n business news stocks went soaring yesterday. >> money watch's roxana saberi joins us from the new york stock exchange with what was behind the surgegood morning , rocks san a. >> here on wall street yesterday, stocks climbed on hopes that business will benefit from tax cuts proposed by president trump. dow jones jumped 56 points, nasdaq gained 73. if you travel on delta airlines you will be able to text for free starting this weekend using platforms like i message, what is app and facebook messenger. they are offering it through in flight internet provider go go. travelers can access it through delta's wifi portal page. >>> rihanna may be toes continuing an expansion of her brand, performer is reportedly getting into the wine game, finally a trademark for wine and spirit company as you know the line is not confirmed yet but she released a make up line with the same nan, fenti. >>> something special brewing for coffee lovers, it is national coffee day tomorrow to celebrate various coffee chains are offering free or discounted cups of joe. find deals at community coffee , mcdonald's, crispy cream and dunkin' donuts. i. >> i love it

. >> roxana saberi at new york stock exchange. thanks a lot, roxana. >>> ahead, car seat safety.l'll show you some of the mistakes parents are making when they strap in their children for a ride. lyrica is believed to calm these nerves. s effective relief for moderate to even severe fibromyalgia pain. and improves function. lyrica may cause serious allergic reactions, suicidal thoughts or actions. tell your doctor right away if you have these, new or worse depression, unusual changes in mood or behavior, swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling, or blurry vision. common side effects: dizziness, sleepiness, weight gain, swelling of hands, legs and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who've had a drug or alcohol problem may be more likely to misuse lyrica. with less pain, i can do more with my family. talk to your doctor today. see if lyrica can help. wife: i've got this mammogramh scheduled.rst. when is your colonoscopy? screening increases the chan

. >> hanna doba joins us live from the new york stock exchange, good morning. ere is news from the federal reserve this morning. >> good morning, jim and rahel fed chair janet yellin said federal reserve will leave interest rates unchanged at one and a quarter of a percent for remainder of the year. central bank pointed to a strong, economy, and yellin says recent hurricanes will slow the economy but get will begin once again, when the rebuilding begins. overall fed has a $4.5 trillion balance sheet, here on wall street yesterday, dow jones set another record climbing 41 points, nasdaq shed five points. jim and rahel. >> i understand with the holiday season upon us, ups is announcing they will make some hires. how many folks are we talking about. >> they expect to higher about 95,000 workers for the crucial holiday season. seasonal employees would start in november and work through january, and it is important to mention up to 35 percent is seasonally hired employees over last three years have become full-time employees i have a question, do you tip delivery peo

. >> live from the new york stock exchange.ow more than one in four americans is car writing credit card debt this is not a surprise. >> good morning, guys, credit cards.com 43% of carrying a balance have done so two year years. higher earners and those with college degrees are more likely to have credit card debt in part because they're offered more credit. >> that's interesting. >> so this i think is cool. if you shop at ikea and don't want to put together crazy furniture there's a solution for us. >> a lot of people are excited about this. swedish furniture giant bought task rabbit. it allows users to hire people to assemble furniture and other khoorz like cleaning us. ikea said aim of the deal is to "make our customer's lives easier and i will till when i buy ikea furniture i would use task rabbit it's worth it. >> those ininstructions i mean unless you have a few bottles of win sitting nearby. >> even worse if you have a few bottles of whine. i never had upstanding completely erect book shelf because it's always leaning i

for "nightly business report" i'm bob pisani at the new york stock exchange. >>> christina hoopers joins us to talk about the rally and whether or not it will last. she's a global strategist at invesco. good to see you, as always. >> same here. >> pretty impressive move by the s&p and by the dow jones industrial average, but what kind of staying power or depth do you think this rally really has? >> well, that's a great question. i do think it could last for several days. keep in mind there's certainly a lot of relief over hurricane irma as not being devastating as had been expected, but i also believe part of this rally is due to a rethinking on the part of markets in terms of the deal struck by the trump administration with democrats in congress last week. it suggests that there's the opportunity for bipartisanship and the potential for agenda items like tax reform to get done. so i do believe it has some staying power, but i also expect that events later this month are likely to derail it. >> so you think the deal struck last week that included hurricane funding, a raising of the dead

roxana saberi is at the new york stock exchange with that and more. morning, roxana. >> good morning, anne-marie. today the commerce department is issuing its final estimate of how the economy did from april to june. here on wall street stocks cl b climbed on news that small businesses advanced. the dow rose 56 points, the s&p gained 10 points, and the nasdaq jumped 73 points. >>> the survey showed families grew. it jumped 16% to $97,300, but disparities widened. the median weltd of white families was $171,000, ten times that of black families and about eight times that of hispanics. >>> uber reportedly shutting down its car leasing subsidiary in the u.s. it was for drivers who couldn't buy cars but they were losing $5,000 per car according to "the wall street journal." >>> and starting this weekend if you travel on delta air lines, you'll be able to textbook for free. delta is offering the service through its in-flight internet provider go-go. you can accent it through its portal page. it won't be available on smaller regional jets. >> as long as the

we're at the new york stock exchange with that and more. good morning. >> good morning.ump is expected to roll out the republican tax overhaul plan this week. he's expected to slash the corporate rate and could reduce taxes on the wealthiest americans. here on wall street yesterday, tech stocks tumbled while energy companies made strong gains. the dow fell 53 points. the s&p dropped 5 and the nasdaq lost 56. general electric is shaking up its operations again. the company is selling its industrial solutions business to abb for $2.6 billion. the georgia based ge unit makes circuit breakers and other electrical equipment. ge has been selling off some of its units since the 2008 crisis. ever wonder what that sofa or coffee table will look like in your living room before you buy? lowes is launching an app that uses augmented reality to show you. you can use your smart phone to place 3d digital images at scale to see what they look like. >> and target is raising its minimum wage to compete for workers. >>> and the retailer says it will boost entry level pay from 10 to $11 an

for "nightly business report" i'm bob pisani at the new york stock exchange. >>> here to discuss how all the factors could shape the market is michael farr, the president of the farr miller & washington. good to see you. >> nice to see you, sue. thanks. >>> it's a fed week. are we risk on or risk off, given all the things that bob has detailed for us. >> we are risk on once again. we had the hurricanes coming at us. we had missiles from north korea flying over japan, and i'm smiling, and i really shouldn't be. these are dramatically serious horrible things going on around the world and potential more horrible things to come, at least over in north korea. markets just go higher, that risk-off trade was very temporary where bonds rallied, they have given back all of that, the dollar has been weaker, but stock prices are going higher. nothing is keeping stocks down here late loy. >> there any that would cause you to change that view, michael? in other words should i be prudent and taking profits that >> tyler, i think that anytime the market is making new all-time highs, as it has here,