state of georgia to new york she studied genetics but has always been fascinated by numbers she's specially grateful to the people who opened doors for her at the new york stock exchange power in finding the new york stock exchange was through a mutual colleague of mine and i knew right then and there that i wanted to do it because numbers is a universal language it connects with everyone the only made sense to come down here she'll never forget her first day at the world's biggest stock exchange. i passed my test i got my badge and i was able to ring the bell so that is going to be in my heart. not many people even the men on the floor can say that they rung the bell and i got to do that and. i'm speechless her family and friends were concerned at first but but soon changed the first time i tell anybody that was a trader on the floor my mom is very supportive of any and everything that i do i think her only caution to me was how many women work there. but again the community down here is amazing them in really want to see the woman down here flourish and have a successful career so that completely diminish as soon as i got down here working in a man's world she's lea

well many still associate the new york stock exchange with white men an expensive suit with the first female president in the history of the new york stock exchange things are about to change and also on the trading floor the youngest trader on the world's largest stock exchange. the trading floor at the new york stock exchange worlds that still domination by men lauren simmons says she stands out for three reasons i think my story is really special and unique because one i'm the youngest on the floor to i am female and three i am minority learn moved from a town in the state of georgia to new york she studied genetics but has always been fascinated by numbers she's grateful to the people who opened doors for her at the new york stock exchange. how i know finding the new york stock exchange was through a mutual colleague of mine and i knew right then and there that i wanted to do it because numbers is a universal language it connects with everyone the only made sense to come down here she'll never forget her first day at the world's biggest stock exchange. i passed my test i got my ba

many still associate the new york stock exchange with white men in expensive suits, but with the first female stock exchange president in its history, things are about to change and also on trading floor. the the youngest trader on the world's largest stock exchange. >> the trading floor at the new york stock e exchange. a w world still dominated by me. lauren simmons said she stands up or ththree reasons -- >> my story iss really speciall and unique becausese one, i'm te youngest on the floor, two,, i m female, and three i am minority. reporter: lauren moved from georgia to new york. she study genetics but has been fascinated by numbers herere she isis grateful for the e people o openen doors for her at t the nw york stock exchange. >> how i i ended up find in the new yorkrk stock exchange was througugh a mutual colleague.. and i knew right thenn and there i wanted to dodo it because, numbers is the universal language. it connects everyone. it only made sense. reporter: she'll never fororget heher first dateted the world'ss biggest stock exchange. >> i passed my test, i got my badge.

of the new york stock exchange which is another exchange they've just announced this new backed app which is a way to trade crypto currency used in the new york stock exchange but again people put more faith he observes in this anonymous guy named toshi nakamoto who's nobody has ever met and they do in the us fed which is a very powerful observation it's a profound statement i mean do we dole invented fire no but doesn't stop me from using it do we know who invented the wheel you know but it doesn't stop me from using it but the thing is you don't need to trust anybody you don't need to trust the toshi nakamoto you don't need to trust the person you're selling something to or it's selling your bitcoin to or trading your big point with because the block chain is is the distributor ledger is what you trust the math or what you trust so that's what you need to trust you don't need to trust that the maker of it no it's self evident and self realising they spontaneously self working protocol that is the turn wall street person into a big corner and that's like turning water into wine that's li

settlements white gold does like oil because some of that looks like that's coming to this new new york stock exchange product called back. what's happening there what's the big news there so that is going to be an interesting product they announced that they're planning to do it i still have not seen anything from the regulators giving them permission to do that this may not happen for another year i don't know when they're actually going to want it i know the expectation is going to be. we'll see i have a feeling that it's going to take a little bit longer than that november once you have futures are have deliver a ball of the underlying asset now things become a lot more interesting however a bitcoin can still bitcoin still gets its actual price from the underlying exchanges so it really depends on the dynamic like we know the gold futures and oil futures on the c.m.e. is the ninety five percent of price discovery of gold in oil but when it comes to the stock market the futures on the s. and p. five hundred are pretty much almost meaningless because the underlying companies that the term and the va

nicole petallides on the new york stock exchange is following that. >> nvidia was a big leader on the nasdaq. it is up 56% in the last year. we're watching nor nvidia, applied materials, amat we call it. both of those are to the downside, excuse me there has been some selling in technology. i will show you some of the "fang" stocks in the 4:00 p.m. show. this group overall is a little bit weaker. nvidia should see 80% rise in earnings per share and 39% rise in revenue year-over-year growth. we'll watch for nordstrom which is higher maybe on the heels of walmart, not on the heels of jcpenney which is a big miss. back to you. ashley: nicole, thank you very much. we have flattening yield curves,. low unemployment, small cap stocks doing well, some are arguing that those are the warnings signs of a recession on the horizon. i hate to throw cold war on today's action the american consumer making a comeback. what does it all mean? ernie cecelia bryn mawr trust joins us ernie, everyone can find in numbers. there are lies, damn lies and there are statistics b

diane king hall is at the new york stock exchange with that and more.>> good morning, anne-marie. well, stocks on wall street finished higher, breaking a three-day losing streak. health care and real estate led the gain. meanwhile the commerce department said personal spending grew another 0.4% in june. ultimately the dow rallied 108 points. the s&p 500 added 13 points. the nasdaq climbed 41 points. >>> some 30 million americans will have to come up with more money to pay their taxes next year. that's because employers withheld too little money, anticipating taxes would be lower. it made paychecks bigger, but they'll pay the price next spring. they were put together by the government earlier this year. >>> the troubled movie subscription service moviepass said it'sby $5. it still won't make moviepass profitable. shares slumped 38% yesterday, now trading below 50 cents a share. subscribers were locked out this past weekend in seeing the much app it is pated "mission impossible: fallout." they said, we're continuing to make changes to continue to offer ou

from the new york stock exchange, i'm bob pisani from new york stock exchang >>> ahead of tomorrow'seadline being pushed by washington. as negotiations intensify, the canadian foreign minister says she's optimistic. >> we continue to b encouraged by the constructive atmosphere that both are bringing to the there is a lot of good will. there's a lot that we're trying to do in a short period of time. wooe working very intently. >> separately, the president reatened to withdraw from the world trade organization if it doesn't, quote, shape u in an interview with bloomberg, the president criticized the treatmen of the u.s. >> the effects of the trade disputes are being closely watched by warn buffett, but what does the influential billionaire investor have to say abt stocks as they sit near record levels. in aon one-o interview with becky quick, she asked mr. buffett if she thinks the market looks expensive. >> there is no question you will do better, only stocks. it's considerably more attractive thanixed income securities. that doesn't mean they'll go up or down tomorrow next week or ne

diane king hall at the new york stock exchange.e, thank you. >> thank you. >>> still ahead, a baseball super fan will meet a little boy who's batting a thousand when it comes to cheering his favorite team. favorite team. n my way? watch me. ( ♪ ) mike: i've tried lots of things for my joint pain. now? watch me. ( ♪ ) joni: think i'd give up showing these guys how it's done? please. real people with active psoriatic arthritis are changing the way they fight it. they're moving forward with cosentyx. it's a different kind of targeted biologic. it's proven to help people find less joint pain and clearer skin. don't use if you are allergic to cosentyx. before starting cosentyx you should be checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor if you have an infection or symptoms of an infection. or if you have received a vaccine, or plan to. if you have inflammatory bowel disease tell your doctor if symptoms develop or worsen. serious allergic reactions may occur. mitzi:

diane king hall at the new york stock exchange has more.d morning, diane. >> good morning, don. >>> the federal reserve is leaving the change for now. following its latest policy meeting officials suggest officials will keep raising rates as long as the economy stays healthy. the central bank noted the labor market continues to strengthen, and the fed has reached the target of 2% a year. they expect to raise rates again in september. that will be the third interest rate this year. here on wall street apple soared nearly 6%, its biggest gain in nearly a year and a half after ped 20% chiarongicphe onerthleem but stocks ultntimately finishet mixed. the dow lost 81 points. the s&p 500 fell nearly 3 points, while the nasdaq added nearly 35 points. >>> there's a 15% jump on the 10% tax proposed last month. china has refused to meet u.s. demands and imposed retaliatory tariffs on u.s. goods. china says it will retaliate if the u.s. boosts its tariff rate. >>> electric carmaker tesla lost more than $717 million last quarter, its biggest loss ever.

diane king hall is at the new york stock exchange with that and more.od morning, diane. >> good morning, anne-marie. this morning china state broadcasters said it must counteract u.s. tariffs and has the means and the confidence to do so. china already announced it was matching the latest u.s. tariff move and attacks at 25% on some $16 billion worth of u.s. imports. the products range from fuels and autos. the u.s. plans to begin collecting 25% extra in tariffs on chinese goods august 2rd. >>> and also china's president xi jinping has asked them to increase output. it fell yesterday and has been drifting this morning. >> this morning tit for tat sent trades like boeing and caterpillar lower. ultimately the dow fell 45 points. the s&p 500 shed nearly a point, wh sdaq shed 4 points >>> the s.e.c. is investigating tesla's buyout bid. he announced the proposal to take the car company private in a tweet. he said the financing was secured. according to "the wall street journal," the s.e.c. is looking into musk's wording and method. if it turns outtas shy, mus

anne-marie. >> diane king hall at the new york stock exchange. all right, anne-marie. >>> still ahead, desperate measures on lake mhi beachgn lake mhigan join beachgn lake mhigan join together to he freezing away fat cells with coolsculpting? now that's cool! coolsculpting safely freezes and removes fat cells with little or no downtime. and no surgery. results and patient experience may vary. some common side effects include temporary numbness, discomfort,and swelling. ask your doctor if coolsculpting is right for you and visit coolsculpting.com today for your chance to win a free treatment. (cat 1(cat 2) smell that? (cat 1) gravy! (cat 2) extra gravy. (cat 1) whoa! (cat 2) new friskies extra gravy! paté and chunky! (cat 1) gravy purr-adise. (cat 2) purr-adise? really? (vo) feed their fantasy. friskies. you could win free friskies for a year. learn how at friskies.com. how did we test our with two pounds of steak. in each hand. dixie ultra. stress tested so you can stress less at dinner. southern california. the carr fire burning near redding has

diane king hall is at the new york stock exchange with that and more.morning, diane. >> good morning, anne-marie. well, tesla's ceo elon musk is considering taking his company private. he sent out a tweet shocking shareholders. he said tesla's shares have been subject to wild price swings which has been a major distraction. musk says no final decision has been made, but he did say shareholders could opt to remain as investors or be bought out at $420 a share. it closed at $379.57 a share. >>> on wall street, more strong second quarter earnings fueled optimism about the economy. that led to solid gains in tech. industrial and banking shares. the dow rallied 126 points. the s&p 500 added 8 points. the nasdaq rose 23 points. >>> today the new york city kounlt is considering a proposal to put a one-year cap on the number of new licenses for riail iee and lyft. new york would be the first to do that. uber, lyft, and other ridesharing companies have heavily impacted the cab services. cab services support this, but ridesharing services have been an important p

diane king hall is at the new york stock exchange with that and more. diane. >> good morning, anne-marie. this morning, china's foreign ministry expressed strong dissatisfaction with the new u.s. defense act and its impact on chinese companies. president trump signed the $716 billion defense spending bill yesterday. it includes controls on u.s. government contracts with two of china's largest telecommunication firms, zte and huawei technologies. u.s. intelligence agencies say they are security risks, but the controls that passed congress are weaker than in earlier versions, which concerns lawmakers on both sides of the aisle. >>> the decline of the turkish national currency sent financial shares lower and pushed the dollar higher. that hurts big u.s. exporters. so, in the end, stocks lost ground on wall street. the dow fell 125 points. the s&p 500 lost 11. and the nasdaq dropped 19 points. >>> and lawmakers say they want to increase oversight of data collection practices of tech companies following a report that google continues to collect user location

>> diane king hall at the new york stock exchange. thank you. >> thank you. >>> still to come, under the sea. a little girl gets her dream come true when she takes a dip with some special sea creatures. she takes a dip with some special sea creatures. ? ♪ the beat goes on. it looks like emily cooking dinner for ten. ♪ the beat goes on. it looks like jonathan on a date with his wife. ♪ la-di-la-di. entresto is a heart failure medicine that helps your heart... so you can keep on doing what you love. in the largest heart failure study ever, entresto was proven superior at helping people stay alive and out of the hospital. it helps improve your heart's ability to pump blood to the body. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure, kidney problems, or high blood potassium. ask your doctor about entresto for heart failure. yeah! entrust you

diane king hall is at the new york stock exchange with that and more.ing. >> good morning, talks to renegotiate the nafta agreement resumed this morning in washington. now speaking last night, mexico's economy minister said the talks over the future of the north american free trade agreement were advancing. bilateral negotiations between the u.s. and mexico focused on the auto industry. president trump called the 24-year-old trade deal a disaster for american workers. meantime, fed chairman jerome powell is defending the central bank's push to raise interest rates. powell signalled more were to come despite criticism from president trump. on wall street the rally continues. the dow jones industrial average dropped 133 points on friday. the s&p 500 gained 15 and the nasdaq picked up points rising to record levels on friday. >>> a deal to take the electric car maker tesla private is off. this follows confusing signals aet thi month he said that tesla was secured and tesla may go private. stock shot up 11% that day. then came word the wasn't locked down ov

wendy gillette is at the new york stock exchange with that and more. od morning, anne-marie. stocks on wall street jumped on news that china and the u.s. will hold trade talks next week, their first since june. but white house economic provider larry kudlow warned beijing not to underestimate president trump's resolve to push for changes in china's trade policies. the dow jones industrial gained 396 points, the s&p 500 climbed 22 points, and the nasdaq composite finished 32 points higher. >>> shares of walmart rose amid its strongest sales growth in more than a decade. walmart boosted its online sales by 40% last quarter and is benefitting from a stronger job market and stronger consumer confidence. home depot, macy's, and nordstrom all raised their forecast this week. >>> a generic version of the emergency allergy medicine of the epipen has been approved by the fda. two years ago epipen maker mylan was berated by congress for hiking the price by more than 500%. so far no hike on the generic version, which will be sold by teva. >>> and kroger is testing

keeping track for those numbersn for "nightly bs report" i'm bobat pisanhe new york stock exchange. >fls nwas not the first t1 trillion. petro china hit that and it was worth less than $260 billion. >> on wall street, apple's climb was not enough to give the market overall a big lift. it was concerned with that kept a lid on the gain. the dow jones industrialverage fell seven points to 25,326. the nasdaq added the s&p 500 was up 13. >>> it is still unclear where trite relations china are headed, but there appears to be some movent on trade with mexico. a delegation from that company arrived in washington today to discuss changes to nafta where the focus has been on teching points like autos and possible wage hike, but there clearly is no deal yet. mexico's economy minister was quoted as saying e fall into place or nothing will fall into place. >> now that smer is half way over we thought it would be a good time for our viewers to take a closer look at their portfolio and make sure it's well positioned for the fal joining us to offer insights is mark luccini at montgomer scott. good to

wendy gillette is at the new york stock exchange with that and more. ndy. >> good morning, anne-marie. president trump took a swipe at the federal reserve and its new chairman, jerome powell. the president said he's "not thrilled" with recent interest rate hikes. in an interview with reuters, he also said the central bank should do more to help him boost the economy. the fed raised interest rates twice this year and is expected to do so again next month. the president's rarely criticized the fed. its independence is seen as vital to economic stability. the president picked powell to replace janet yellen last year. >>> on wall street, consumer-focused companies finished broadly higher. some of the nation's largest retailers posted the biggest gains. macy's led the way, gaining over 6%. kohl's rose over 3% and home depot climbed 1.2%. overall, the dow jones industrial average gained 89 points. the s&p 500 finished six points higher. tech companies lagged behind the broader market, holding back the tech-heavy nasdaq composite. it ended up gaining four poin

nicole petallides on floor of new york stock exchange. thank you, nic. closing bell is ringing in seven minutes to go. markets breaking records on regular basis during the record bull run. our countdown closer will tell you how to make your portfolio match. stay tuned mornings "countdown" and bulls coming right back. you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia. ♪ cheryl: the nine 1/2 year bull run showing few signs of slowing down with a record-breaking stay for the s&p and nasdaq as the dow exits correction territory. what does that mean for you though? bring in dennis gartner, editor publisher of the must-read, "the gartman letter." reading it for many years. great to have you here. >> i wouldn't say that in public. it will be only hold against you. cheryl:

settlement like gold does like oil does because sentiment looks like that's coming to this new new york stock exchange product called back what's happening there what's the big news there so that is going to be an interesting product they announced that they're planning to do that i still have not. seen anything from the regulators giving them full permission to do that this may not happen for another year i don't know when they're actually going to want it i know the expectation is going to be november we'll see i have a feeling that it's going to take a little bit longer than that november once you have futures are have deliver a ball of the underlying asset now things become a lot more interesting however a bitcoin can still bitcoin still gets its actual price from the underlying exchanges so it really depends on the dynamic like we know the gold futures and oil futures on the c.m.e. is the ninety five percent of price discovery of gold in oil but when it comes to the stock market the futures on the s. and p. five hundred are pretty much almost meaningless because the underlying companies that the

losses at the time, but the actions have marked the longest bull run. >> neil: went outside new york stock exchange. does this bull have more room to run? box business networks at the nasdaq. and ted at the new york stock exchange will be joining us in his own right. let's get the read for it. we talk about the durational market. the strength of them. because this is a record holder in terms of time, it does not hold the record in terms of the run up that we had under the clinton one. bulls tell me that we have more to run. >> i agree with that. you and i worked on both of these bull markets and talked about the underlying concepts a. the underlying concept for the length of this bull market has a lot to do with the pace of the economic recovery we have seen since the recession. we never got a v-shaped recovery. a gradual recovery from the bull market that continued to get better and continues to get better now. i think you look at the drivers of the economy. if you think the economy is moving, we have a 4% gdp order, and finally averaging 3% for the year, that will continue to drive earnings, and

expect some quibbling about definitions on the new york stock exchange. some quibbling about definitionsrk stock exchangem sta rts the new york stock exchangem starts today, talks back on between the united states and china to stave off escalating trade tensions between the world's two largest economies. chinese and american officials are meeting in washington, dc to try to find some solution around trade tariffs that two have inflicted on each other. it is the first time the two sides are talking directly in nearly three months. trade tariffs from both sides are due to hit this week and that is the second round of tariffs to take effect, but president trump has threatened to raise the number 200 million dollars worth of tony's goods. a good outcome would be a sort between donald trump and xi jinping later this year to discuss the escalation, but it is as you mentioned good news that they are talking at all. when you see these ta riffs talking at all. when you see these tariffs having a direct economic impact, especially these $16 billion? so the direct impact of the $16 billion and $34

if you look at most broadly based of the new york stock exchange stocks, the new york stock exchange index itself which includes every stock on the new york stock exchange, that is around 3% from all-time highs in january. still has not passed the january high. and one of the more psychological averages, the djia, the dow jones industrial average is itself 3% away. neil: the highs reached, and you could argue if you average it all up over the many years that the multiples still look good. that's the bullish argument. you're not so sure of that, right? >> oh, i would not make that argument at all. here's what people have to do, neil, if they want to make this market look good in terms of valuation. they have to say, you know the earnings estimates are for six months or a year out or for this calendar year, that's where they take the price-to-earnings ratios from. they are never correct. probably the worst numbers you get from wall street is the estimates of earnings. what you really need to do is in real time look at the prior 12 months of earnings and see what the p/e ratio, the price

the company has had a turbulent ride in its eight years as a public company traded on new york's nasdaq stock exchange. mr musk says the deal would pay $420 a share and take the company back into private hands. he says he already has the financial backing. tesla shares closed nearly 11% up, valuing the company around $82 billion, and mr musk‘s offer represents a 10% premium on that. but why would he want to?

so let's bring in our financial correspondent at the new york stock exchange jose jose luis to add who has a if seems that powell is resisting pressure at the moment can we then take it more hikes all coming. absolutely helen and investors thing two more will happen before the year and probably the most immediate one will come next the specially after polls as speech on friday but sixty eight percent of the market also sees an additional twenty five basis points increase by december contrary to president desires a chairman of the fed said in jackson hole what all hikes implemented so far contributed to the current as stability where there are no signs so far of overheating neither of inflation overshooting that said monetary policy is tricky i'm making money more expensive to past could be real the longest economic cycle in history one of the longest economic cycles in history and by not acting not all or not soon enough you increase the risk taking and the creation of us that bothers talking about economic cycles what about the bull run that we've been seeing because despite trump's l

exchange and i.c.e. announcing a new digital assets from today. the parent of the new york stockchange and also announced a bitcoin futures product that is expected to launch in november. his is a platform called back to as an bak kt and will use microsoft cloud to build an open and supposedly regulated ecosystem for digital assets. hopes to create new protocols for managing specific security requirements for crypto spirit against bitcoin a little more legitimate the big right now bitcoin is at 7400 a coin and remember it had been 19000 back in december. while some think it will be able to replace us dollar we got this ubs report that says otherwise. according to the report bitcoin needs to hit a price of nearly 200 thousand and $13 to replace the us money supply, not just that but bitcoin network would also need to greatly improve to handle the volume payment companies currently deal with. there you go. let's take a quick look at the stock market right now. stretch it out. the dow just popped into positive territory and is now barely back in the red. a five-week winning streak i

emily: the market for high-end fashion -- going public on the new york stock exchange.k at the ipo so far and ahead. this is bloomberg. ♪ emily: this is "bloomberg technology." i am emily chang in san francisco. we are halfway through the year and we have seen a number of tech companies hit the public markets. all these are making their debuts if the pace holds, the number tech ipos in the u.s. will have returned to levels not seen since the tech ipo miniboom in 2013 and 2014. then there was the drought. how will the rest of the year play out? joining us now is ipos leader. you set down and said you spent the last several months just trying to tackle this market. what has been so unique about the last six months in particular? in particular has been exceedingly active. we have been waiting for this to come back. the last couple of quarters have been exciting. are definitely seeing technology companies themselves and tech enabled businesses in general really, really igor -- eager to get out. been in a strong economic market for a number of years and everybody wants to ma

that was over some empathy there at the new york stock exchange china is renowned for its historic great wall you see it right there building started on the mammoth fortification back in the third century b.c. to protect china from invaders well these days china also has another wall known as the great fire wall it's supposed to protect chinese citizens from undesired foreign influences first set up in two thousand the great fire wall blocks access to certain websites in terms that the chinese government deems dangerous now any whiff of criticism of the government or terms that refer to the student massacre in tiananmen square in one nine hundred eighty nine they are all prohibited in the past the take giant google has spoken out against such internet censorship in fact that's why it pulled out of china in two thousand and ten at the time google's co-founder said this our objection is to those forces of totalitarianism our hope is there is progress and a more open internet in china well that hasn't happened eight years later google is reportedly secretly planning its return a new report

price has sunk and remained below the $17 it attracted when the company first floated on the new york stock exchangekine, director of social circle, joins me now. interesting, isn't it, that they've managed to increase their revenues ata time managed to increase their revenues at a time when the number of daily users has fallen. it is indicative ofa users has fallen. it is indicative of a business that is starting to sort out its commerce, it is commercial objectives, and it's offering. in this, they have a programmatic end product that has predated this quarter. but all businesses, not just big predated this quarter. but all businesses, notjust big agencies and advertisers, reached its user base. it is refining out. it does need some new products within that, but it is starting to sort itself out. —— it is refining that. but it is starting to sort itself out. -- it is refining that. the investment from the saudi prince, how important is that? it could be marking something. when somebody puts $250 million of shares, you can see spikes, and they could be the trend, but i do not think that is. i think

i'm wilfred frost at the new york stock exchange.g but the nasdaq set for its biggest winning streak of all of 2018 >>> in st. charles illinois, aldi making some big changes to its u.s. operations at the grocery wars heat up we'll hear from the company's ceo ahead. >>> the ever changing trade war could be having an impact on federal reserve policy i'll have the latest thinking of the central bank and top economists coming up >>

company shares peaked on the new york stock exchange. and this video is trending on bbc.com.f australia's biggest supermarkets, coles, has reversed a decision to stop giving customers free plastic bags following pressure from some irritated shoppers. other consumers say the ban was good for the environment. that's all. stay with bbc world news. and the top story in the uk: interest rates have been raised by one quarter of a point. it means that higher mortgages are some. now on bbc news, live to singapore for asia business report. it is official. apple is the world's first public company to be worth $1 trillion. and find out why businesses in the us are turning to teenagers to get the job done. hello and welcome to asia business report. well, apple is now the world put that most valuable publicly listed company. shares in the iphone maker closed at a new record high of $207. allowing the company to beat silicone valley rivals like a pro two and microsoft to be the world ‘s first company to be worth a cool trillion dollars. shares have been rising since tuesday when it reporte

and chase mer just recently and this whole backed scenario with the new york stock exchange she billie's it's about the financialization of decline and that we're going to start seeing unbacked paper bitcoin claims coming into the market and corrupting that price discovery like we've seen in gold and then there's a couple of ways that this could go or could not go any thoughts on that i have not had time to since i pod cast yet but i've talked about it myself as well i actually don't have a big problem i don't believe that there is a conspiracy driving the price of gold down because i am capable of trading those futures i can short gold with my twenty thousand dollar brokerage account i can't buy a thousand contracts but i can buy three or four contracts with that money the thing is in the futures contracts of gold and of course there are more open contracts than the ability to over the gold but as maturity comes close those contracts cancel each other out like a big buyer could come in and raise the price of gold i just don't see that as a conspiracy and the same thing will probably hap

program you have to qualify for state or federal assistance programs. >>> looking at the new york stock exchange under way this morning. we are down pretty significantly here today. >> about 175 points. be watching that throughout the morning. >>> and chipolte fans get ready, they're testing new items including applewood smoked bacon. they're trying it at select store this is fall. this is in an effort to win back customers after a series of health scares the past few years. >>> jelly belly rolling out new flavors and boy are they something. the fairfield based company is adding stink bug and dirty dishwasher to its collection. if you are not initiated, there are -- i should warn you, because your kids will try to trick you. there are 20 flavors, ten of them are weird and gross and ten are normal. the whacky versions look just like the normal ones. for example, if you were to pick up a birthday cake one, perhaps it would be delicious. but it also is the same look you have been warned. >>> you said these are popular at kids' birthday parties and you tried at least one of these, right? >> they wen

> welcome back to "fast money," the cannabis stocks continue to soar bob pisani is at the new york stock exchange with more details. hi, bob. >> hi, melissa marijuana stocks are riding a high some of the bigger cannabis names are up 60% to 80% in six trading sessions and average volumes are up anywhere from 50% to more than 200%. three big drivers are behind the rally. first, regulation, second deal news and earnings. canada announced it will legalize the recreational use of marijuana in october and global companies are all abuzz to get in on that action. that's the main mover. global spending on legal cannabis is expected to grow from $9.5 billion in 2017 to $32 billion in 2020. up 230% and that's according to bbs analytics. they're looking to pair up with pot firms. two weeks ago, constellation brands said it was investing a record $4 billion in canopy growth it will now own roughly 40% of that company that news lit a fire under other pot stocks like afria which is up about 80% since then. that's just one of many booze companies looking to catch a bid from pot growers coors is joining with apot

wendy gillette, at the new york stock exchange. >>> let's check traffic. a look at the bay bridge. we are seeing something we don't normally see. >> take a look at the bay bridge. there's no backup. westbound 80 at the berkeley curve, that's holding people up with a crash. you can see the flashlights. emergency crews are trying to clear it out. two-car crash. expect slowdowns for your westbound 80 ride. 22 minutes from 4 out of hercules to the maze. still tracking slowdowns through richmond all due to a crash that occurred on the surface streets. richmond parkway at san pablo avenue that remains shut down. so anyone that's trying to get over to the richmond/san rafael bridge and heading off of 80 taking richmond parkway will have to turn around at that point. so stay on i-80. you can always take that down to hilltop. and then hilltop connects with richmond parkway and then head over to the richmond/san rafael bridge. we are definitely seeing the crowds develop. our drive times remain in the green but you can see a little bit of a backup over at the toll pl

cheryl: thank you, nicole petallides on floor of new york stock exchange. now we want to bring you this news today that senator john mccain has chosen to discontinue medical treatment for brain cancer. the arizona is battling aggressive form of the disease in the past year. in the statement, it was a graceful statement they put out from his office in d.c. they said the progress of the disease and inexorable advance of age rendered their verdict. our prayers and thoughts with john mccain, his wife cindy and of course their daughters. >>> the united states and china failing to make a deal. each country is set to imposed billions of tariffs on each other's goods. we seem to get close to a deal with mexico. we'll have update on that situation coming up. >>> plus, hurricane lane, slamming hawaii. already dumping more than 31-inches of rain on the big island, bringing catastrophic flooding as residents hunker down to ride out this storm. we are live from honolulu with the latest. stay with us. metastatic breast cancer is relentless, but i'm relentless too. mbc doe