at pnc investments, we believe you're more than just a number.we provide personal financial advice for every retirement investor.

sinclair and pnc now joining boeing, at&t, comcast, wells fargo and first third bank. sinclair and pnc saying 55,000 people will be receiving a $1,000 bonus in time for christmas. >> not bad. some of the president's advisers holding a meeting. what do you know about that? >> yes, they got together to celebrate the passage of tax reform. the after-glow. it was kellyanne conway, corey lewandowski and john kelly and talked about the mid-term elections in 2018 and just how badly republicans could get hurt in those elections. when you look at what happened in virginia and alabama this year. we're told that at one point, corey lewandowski, the president's former campaign manager, got into a heated debate by saying the president's political shop here at the white house is not doing enough the back him up and to make plans for the 2018 election and as well, lewandowski expressed dismay that the republican national committee was not doing enough. i did some digging around today and found that some folks here at the white house are saying the same sort of thing. there's a discon

two of them coming forward today include sinclair broadcasting group and pnc saying they will give a thousand dollar bonuses to their employees between the two companies alone. that is some 55,000 workers all across this country. when he did so, the president made this admission right here. let's listen. >> corporations are literally going wild over this. i think even beyond my expectations. so far beyond my expectations. reporter: the president will have down time for the holidays. he is in florida. the focus will shift in the near future to the 2018 jaevenltd on top of the president's agenda he wants to see infrastructure package, welfare reform and immigration priorities just to name a few, but the president said that it was infrastructure that just might be at the top of the list. >> maybe we start with infrastructure because i really believe infrastructure can be bipartisan. we've spent $7 trillion in the middle east, not to mention all of the lives and all of the heartache and it's so sad. $7 trillion. it's time for us to rebuild our country. reporter: liz, for several days at

have a crash in lansdale at welsh and bell run boulevard by the pnc bank. one cleared in havertown from west chester pike by eagle road. slow speeds of course along 95 and it's really slow in cherry hill on the eastbound side of 70. crash approaching haddonfield road blocks two lanes. i would stay up on 38 to get around that. lots going on. we'll check it again, rick and sharrie, in the next half hour. >> all right. thank you, matt. >>> see you then. now to the holiday weekend. we're just two days away from christmas and that means it's a busy time for last minute shoppers and holiday travelers as well. >> yeah and we have team coverage tonight. "action news" reporter bob brooks will tell us what kind of gifts people are buying in these final days but first, we go to the all important holiday forecast. >> meteorologist cecily tynan who always has my gift is at the "action news" big board with the latest from accuweather tonight. >> i got a nice big piece of coal. >> thank you. >> double scan live showing as we start the holiday weekend we do have some activ

be a buyer of that every day of the week morgan stanley finally, we'll stick with the football theme pncvery long term chart here you can see this massive base of support here, okay we took out this high, sort of -- bill cowher was the coach there. you move into the mustache, and what happens you're off to the raises here. here's three great ways to play it citigroup, the global giant, morgan stanley, the local giant, and pnc financial, you're buying the banks. >> let's bring rich over, come on over, if arielle will bring the chair in >> ever heard of stanley morgan? >> no, i won't get confused because i don't know who he is >> university of tennessee, a volunteer. sorry about that >> good info >> interesting >> that's what we do on this show >> is there a rotation out of something else if there is a rotation into financials >> you saw a little bit of that earlier this week, last month vis-À-vis the weakness in tech and growth i think that's room for both to work higher here i think the rotation is done by machines i don't speak to anyone who says, let me sell a little facebook and buy s

technology definitely, that will disrupt the pnc side like the companies like joe law.ent side, but mostly in terms of calculation, or some other controls in terms of the products. ramy: if you are an investor going long, which two or three insurance stocks do you expect people saying will have strong results next year and for that matter, why? steve: in terms of fundamentals, we still believe multiple chinese insurers will perform well next year. the problem is rebound, but the next year will be more sustainable for entries in the long-term bond yields. aia is morenies -- regionally focused, but they have decent sized chinese business. china'sso in terms of capital outflow controls, how are they impacting chinese in the long-term? we know that has been pulling back. steve: yes, and the data is speaking to that matter as well. we have just seen the data published by the regulator in hong kong showing there is a huge tumble in terms of the premiums growth, actually contraction -- pardon me on that one. a lot of that is just noise. if you peel all of the onions, a lot of

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the club you like key but think comerica or p&c, maybe regions are better is the whole sector okay >> pnccular, comerica is a push. i like reejence, i kicked the tires there. thanks for kind comments i'm a little suspicious about bitcoin. that's all right >>> ahead. shares of boeing moved hard. can it fly harder exclusive with the ceo of this iconic company >>> then with the government shutdown looming end of the week, does your portfolio have what it takes to survive the unknowns my take in "am i diversified?" >>> and "lightning round." stick with cramer. for your heart... your joints... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain health supplement in drug stores nationwide. prevagen. the name to remember. >>> a year ago then president-elect donald trump fired off a tweet slamming boeing for the cost of its air force 1 program. stock got dinged but quickly recovered and roared up 80% over last 12 who months some red hot aerospace cyc

at pnc investments, we believe you're more than just a number. personal financial advice for every retirement investor. >> congressman conyers should be doing. 0 tolerance means consequences for everyone no matter how great the legacy, it is no license to harass or discriminate. paul: the sexual-harassment bonfire threatening to engulf capitol hill. that was nancy pelosi calling on john krohn years to resign amid multiple allegations of misconduct, the minority leader calling on ruben keywin to step down after he harassed and aid during his 2016 command as more women come forward to accuse our franken of groping and unwanted kissing. a week ago or 10 days ago nancy pelosi was saying he was an icon who deserved due process, now she is saying he needs to resign. what changed? >> i think what changed his democrats have been caught up in the very words she used, 0-tolerance. that is what they have claimed all along needs to be the standard. as we talked about there are problems with that because you are convicting people before the facts come out, th

you see the man dressed all in black as he walked into the pnc bank and immediately pulled a gun and foot after filling a bag with money. cameras only got a partial look at this guy's face, but police would like to hear from you if you know anything about this police released this surveillance video of a man wanted for mugging a temple studentne month ago today. the suspect seen in th restaurant grabbed the 20-year-old's backpack while ne west cecil b. moore avenue. and the assailant got the upper hand and ran away after $240 from her bag. >>> philadelphians were reminded today for the safe ways to care for live christmas trees. fire commissioner adam teal was joined by members of the junior fire parole for what to do and not to do. never leave a light the tree unattended and keep it watered constantly and keep live trees away from space heaters and candles. and the fire department recommends of disposing of live trees soon after christmas. >> from the boardroom to the white house. and now out the door. one of president trump's biggest and well known advisers is leaving her post. "ac

at pnc investments, we believe you're more than just a number.sonal financial advice for every retirement investor. >>> welcome back, everybody. it is the bottom of the hour. let's start with the morning's top stories. president trump officially announcing the united states recognizes jerusalem as the capital of israel. >> today we finally acknowledge the obvious, that jerusalem is israel's capital. this is nothing more or less than a recognition of reality. it is also the right thing to do. it's something that has to be done. >> all right t. move has received near universal condemnation from world leaders, both friend and foe, including the vatican with the a.p. reporting only israel has publicly supported the decision n. a ballisticering statement, french president macron called it quote a regrettable decision france does not approve of and it goes against international law and all the security council resolutions, british prime minister may adds it is unhelpful in terms of prospects for peace. jordan says it quote fuels tension, enflames anger

sinclair and pnc joining at&t comcast wells fargo and fifth word bank handing out christmas bonuses to 55,000 employees. new england patriots owner telephoned the president yesterday to say he supports the bill. it will drive economic growth raise wages and create jobs.>> he is going to buy a big plant in the great state of north carolina and he is going to build a tremendous paper mill there. paper products plan.>> reporter:>> reporter: ronald reagan's tax cut. he said his tax cuts are bigger. though it is not close. with the tax bill trump claimed to have signed more legislation into his first year than even the historic front runner harry truman.>> we have 88 which is number one in the history of our country. second is harry truman.>> reporter: the president will spend the week in florida looking ahead to his 2018 agenda. which includes rebuilding infrastructure immigration reform and welfare reform. trump wants to get bipartisan buy-in so infrastructure will likely go first. midterm elections in the first- term are historically difficult. publicans fear a bloodbath next november if

from pnc financial, wells fargo, boeing, they're splitting it up. not only rewarding shareholders but paying workers bonuses. the case of at&t and some of the other big names like sinclair broadcasting, $1,000 for ever i are one of their workers. gary and deidra are here with us. that's a lot of extra gravy, isn't it? >> it is. we're seeing this show up so far from what we've seen in the retail numbers, especially out of the gate in november, this anticipation of the tax reform, the fact that unemployment is at a 17-year low and then let's not forget the stock market. we'll have the s&p 500 with the year-to-date return of 20%. all of this adding up to consumer confidence. so through brick and mortar stores are doing well. we talk a lot about online. nordstrom had their best november same-store sales in something like seven years. some analysts tells me, sometimes it's clothes, they want to feel the fabric and try it on before they get home and online retailers knocking it out of the park. up 25% versus this time last year so far. then we haven't hit

at pnc investments, we believe you're more than just a number. provide personal financial advice for every retirement investor. mopping robotthe from irobot. its precision jet spray and vibrating cleaning head loosen and scrub stains. all while navigating kitchens, bathrooms and those hard to reach places. you and braava jet from irobot. better together. >>> president trump's speech tonight rallying the base in the florida panhandle comes just three days after former president obama spoke in chicago. he never mentioned president trump by name but issued a veiled warning when only the hard core bairx nse, not everyos involved in politics. >> you have to tend to this garden of democraerks otherwise things can fall apart, fairly quickly. and we've seen societies where that happens. now, presumably, there was a ballroom here in vienna in the late 1920s or '30s that looked pretty sophisticated. and seemed as if, you know, with the music and the art and the literature and the science that was emerging, it would continue into perpetuity. and then 60 mil

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thank you so must have this morning, much appreciated bill stone of pnc assets. >>> a quick look at thees, earlier, i saw a slight gains yesterday, slight gains as can you see, volume not too bad, 65 or 70% of the 50-day moving average, so it could have been quite a lot worse, but this morning, pointing out, 33 points for the dow, which is up about ceero far for the month of demb that's it for "world wide exchange." "squawk box" "squawk box" comes up next. >>> good morning, the great tax rush of 2017 homeowners scrambling to pre pay their property tax before the new rules kick in, families trying to do this, too, but the irs was weighed in we have news on that straight ahead. it could affect how deal with it cheering the rally, president trump praising the record run on wall street and apple pay, tim cook and top executives getting compensation bumps, it's thursday, december 28, 2017, "squawk box" begins right now. [ music playing >> announcer: live from new york, where business never sleeps there is "squawk. -- "squawk box". live from the nasdaq site in towns square becky and joe are o

and we have higher dividends coming and more buybacks we would also for a regional bank look at pnc financialone of the best managed regional banks in the united states it's growing nicely in new markets in the southeast as well as the southwest >> thank you very much for joining us gerard cassidy of rbc. >>> toshiba and western digital resolved their dispute that was holding up the sale of toshiba's memory xhip bchip business. the companies will jointly invest in a chip fabrication plant in japan. >>> verifone swinging to a profit beating forecasts they reported record services revenue, but the goins for fuid 2018 falls short. >>> airbus ceo tom earneds are not xhechcommenting on a report he will step down. an airbus spokesman said the decision about enders role is not decided by the french press or government but by the board >>> shares of amgen are trading higher the biotech firm is raising its quarterly dividend to $1.32 a share. inditex reported profit surged in the first nine months of the year the owner of the zara fast fashion brand says sales rose 10% as it dit benefited from continu

two more companies signed up to that, pnc, sinclair broadcasting said both of them will include 1000-dollar bonuses for employees coming up. that impacts roughly 55,000 people across the country. inside the oval today, president made this admission. >> corporations are literally going wild over this. i think even beyond my expectations. so far beyond my expectations. reporter: looking ahead into 2018, david, president, administration want to move on to a big infrastructure package. they have also talked about tackling welfare reform. there is debate, several different facets what to do with immigration. the president though did say today, as it relates to infrastructure, he feels he can get democrats on board. the cautionary tale to that would be, they also thought they could do that with tax reform. you know how that ended up, david. david: we do. we do. fascinating to see 1000-dollar bonuses right before christmas. thank you very much. lauren? lauren: let's bring in today's panel talk about the markets more. heather zumarriaga, vision funds and jack hough, "barron's" editor. some of

regional banks and everything across the board, fifth, third, key corp, zion, sun trust, huntington, pnc't matter if you're a fairly large regional bank, you're hitting at least a 52-week high, many cases multiyear highs, we have many industrials also doing well today. some would be big under the tax cuts, caterpillar, deere, 3m, dover, some of the transports, ch robinson, logistics space, also hitting 52-week highs as well defense and aerospace doing well they have been beneficiary for many months now. most of just shy of new highs but essentially let's not quibble with a point or so they are also knocking on the door one thing that is lagging a little bit, technology stocks. some of the big names that had moves up earlier, a little bit weaker today, advance microapplied materials and my kron, lam research to the downside the rally is continuing here and obviously this is largely on the tax cuts, corporate cuts, repatriation of capital equipment. and i would also add that i think abc issuing a correction on the report on mike flynn is also a factor. that was a factor in the drop on frid

there's nine companies on here from at&t to boeing to comcast, bank of america, sin clair, wells fargo, pncpanies who say they're going to give $1,000 worth of bonuses to their hundreds of thousands of employees. one is -- fifth bank corp. is going to boost the minimum wage to $15 an hour. obviously, they could have done this before the tax overhaul was announced. they were sitting on profits, but they didn't! they did it when the tax overhaul was announced. and i'm wondering if you as a democrat are worried about the wind in their sails. people vote with their pocketbooks. if you get a $1,000 bonus, you're voting for donald trump again. >> i've always said, i keep saying the same thing. next election is going to be about the economy, jobs, trade deals. i'm never going to complain that any working man or woman gets an extra boost in their income. but i think a lot of people are still worried. the nonpartisan tax policy institute says that 86 million working families are actually going to see an increase in taxes at some point. >> areas from now. years from now. well after the midterms. so c

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because of this tax bill, they will start to reward their employees, latest of which today, could from pncand sinclair broadcasting, giving 1000-dollar bonuses to their employees. add them all up, trish, that adds up to 55,000 workers just between those two companies alone. inside the oval, earlier today, the president along those lines made this admission. >> corporations are literally going wild over this, literally beyond my expectations. reporter: beyond the expectations, the president continued to look forward to 2018, now the tax bill has been signed. a infrastructure package sits at top of the agenda, speak about infrastructure, especially comparing it to health care and taxes he sounded incredibly confident. >> infrastructure is by far the easiest people want it. republicans and democrats. we will have tremendous democrat support on infrastructure as you know. i could have started with infrastructure. i actually wanted to save the easy one for one down the road. we'll be having that done pretty quickly. reporter: if he can get democratic support on infrastructure. they were saying

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>> pnc park over there in pittsburgh. okay?outh broad street is busy on the list with the eagles fans in philly's fans and flyers fans and 76ers. arena's all on the list, you now, you got th the ex fin at this life. wells fargo, center, number two, and xfinity live is thirds. >> new jersey, top three: all atlantic city casinos. >> yes. >> and then you have harrah's resort hotel and casino, tropicana casino, and resort, and the borgata hotel casino and spa. >> that's what you just said, three casinos. >> yes. >> yes. >> now telling you which ones. >> yes, also let's don't leave out the state of delaware. i believe there is was also a casino down in dover. >> ah. >> yes. >> a lot of people probably they gambled all of their money away, they don't have a car. no, i don't know why. >> what's that nice hotel in the square where w we the live show, like three years ago? >> the hotel dupont. >> i wonder if that's one. o beautiful. >> i can go back over the list. and uber put out list for all 50 state. it was very interesting. a lot of

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at pnc investments, we believe you're more than just a number.inancial advice for every retirement investor. ♪ ♪ julie: president trump landing in florida after a short plane ride from mississippi. he was in jackson earlier in the day making a speech during the opening of the mississippi civil rights museum. there he gave a powerful speech. phil keating is live in west palm beach, florida, with more. phil, this is a pretty busy weekend for the president. >> reporter: absolutely, julie. much of the time not even being spent at the winter white house on palm beach. however, air force one is now back at the west palm beach airport, and president trump is now back at his mar-a-lago estate on palm beach having landed in the 2:00 hour from mississippi. and greeting him on tarmac in jackson, mississippi, at the airport were governor phil bryant who invited trump for today's opening ceremony of the mississippi civil rights museum, also there senator roger wicker and charles evers, civil rights activist and brother of medgar evers who fought and died at t

at pnc investments, we believe you're more than just a number.ersonal financial advice for every retirement investor. we that's why at xfinityic. we've been working hard to simplify your experiences with us. now with instant text and email updates you'll always be up to date. you can easily add premium channels so you don't miss your favorite show. and with just a single word, find all the answers you're looking for. because getting what you need should be simple, fast, and easy. download the xfinity my account app or go online today. >>> we're back with the breaking news. the president's former national security adviser michael flynn pleading guilty to lying to the fbi saying he's cooperating with the russian investigation. the trump white house responded by saying "thanks, obama," claiming michael flynn had the obama administration's blessing. earlier, i spoke to james clapper. this was his response. >> that is absurd. there was great concern at the time, not with just this particular contact, but with the violation of the principle that's norm

pnc and sinclair broadcast group.lking about bonuses of $1,000, $1,200. >> you got a bonus. >> i did >> did you get a bonus >> i saw comcast on the -- on the -- check's in the mail >> we think the check's in the mail. >> it was pretty amazing to see the boeing full-page ad with the picture of president trump so, look, they're a government contractor, need to make sure the government's happy same with time warner w eer whih obviously has -- sorry, at&t, which obviously has a matter before the government. look, you got to respect that they're doing it >> sure. >> i think one has to be sensitive to the political situation for all these companies. >> doesn't matter that the president signed the bill into law today. at&t was saying if he does it before christmas, they might be able to get those checks o out to people for the holidays looked like it was going to be january. interestingly, they were able to change the language at the last minute so we didn't have to wait and he was able -- >> they didn't have to wait because

at pnc investments, we believe you're more than just a number.ide personal financial advice for every retirement investor. breaking news tonight. the supreme court will allow president trump's travel ban to be enforced completely. i want to bring in nbc news justice correspondent pete williams. pete, this has been going back and forth a while. what does this mean? >> reporter: it means now that people who were exempt from the latest version of the travel ban, people who had close relatives in the u.s., grandparents, aunts, uncles, brothers, sisters-in-law are covered by the ban just like everybody else. this is the third version of the travel ban. the one that went into effect in late september. you may recall, the administration said it did so after a census of how every country in the world handles requests from the u.s. for background information on people who want visas to come here. after doing all that came up with this third version, which applied to most of the countries as the original travel ban way few exceptions. it was immediately ch

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the real work that the pnc has to do is convincing ordinary south africans that they still have theirthe possibility that the leaders of myanmar could be charged with war crimes over the sheep and of —— over the treatment of muslims. the speaker of the house of commons have described threats against mps because of their political views as a kind of fascism. he was speaking following criticism of some politicians by newspapers and individuals on social media after last week's brexit vote, which the government lost. the may agreed that... threats and intimidation have no place in our politics. the truth of it is... and andy truth of that is, mr speaker, its division and infighting in her own cabinet and their reliance on the dup that makes them week. there can never be a place for these threats of violence and intimidation against some members that we have seenin against some members that we have seen in recent days. politics must be better than that. outside source. our top story. ina our top story. in a speech setting out his national security policy, president trump says that the us

at pnc investments, we believe you're more than just a number.ial advice for every retirement investor. >>> it's "lid" time. more fallout from the high-profile congressional resignations we told you about last night. the latest, congressman trent franks. he announced he's resigning. at first he said he would stick around until january. suddenly today he said he's making his resignation immediately. in the statement he said it was because his wife had been admitted to the hospital. but nbc news can now confirm reports that franks offered one of his staffers $5 million to conceive a child with him. okay then. now i think we know why he sped up the resignation. on this one, i don't know where to begin. but i guess now we see why trent franks sped up the resignation. >> well, he released a statement yesterday that had everyone in washington shaking their heads. there was this long statement about how his wife was infertile and they had been struggle and they had used a surrogate that was not genetically attached to the child and it led everyone think

after the pnc park out there in pittsburgh, south broad street obviously our sports teams are the bestes, phillies, fly guys, 76ers, all of the complexes, along with fin live are the next stops on that list. >> in new jersey top destination of 2017 were all casinos with harrah's resort and casino in atlantic city, op spot. followed by the tropicana, in the borgata. >> triple a would like to you stop wasting your money. just keep your hard earned money right there in your wallet. don't pay for that premium gas. if you don't need it. most cars don't, research shows premium gas costs drivers 20 to 25% more than regular. and, a lot of the car makers, some of them, they want fancy pant cars, they recommend them as a way, basically, advertising tactic, to attract high performance car inch thighs as is, don't fall tore it. all right, coming up on good day philadelphia, breaking overnight. >> we know one person is dead, two other injured, in a nasty crash here. but the story, it doesn't end there. it is what happened after the crash that has police on the hunt this >> baby it is cold outside.

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, for the fans, that team, and coaches who were right there as the player falls on the the bench at pnc arena. it was a heart-stopping moment on the court and it wasn't the game. >> south carolina state player went down in front of the bench. >> reporter: the auditorium full of excited college basketball fans. >> and freeman the rebound. >> reporter: goes silent as coaches and teammates jump in to give south carolina guard tyvoris solomon cpr. >> we had a scary moment today. >> reporter: solomon, a junior, collapsed. his heart stopping just as he came off the court during the matchup with north carolina state. players on both teams visibly shaken. >> our guys were really bothered. because if you look at it, that could have been one of your teammates. >> reporter: in that moment, they began to pray. >> my head coach dropped to his niece and started praying. everyone else, for the most part, followed suit. we wished the best for him. >> reporter: paramedics rushed in to take over. finally resuscitating solomon. the crowd cheers as he's carried off on a stretcher. taken to the hospital. >>

at pnc investments, we believe you're more than just a number.nal financial advice for every retirement investor. >>> combined with two converging currents, the mueller investigation looking for that obstruction of justice charge, and then alabama. roy moore coming to the senate possibly in a week, and he becomes the face of the republican party for the next year when we're already in danger of losing the house. it's likely we'll do that without him. lose the house. trump gets impeached. we're closer to impeachment now i think than we think. >> welcome back to "hardball" that was alex castellanos with a warning for his fellow republicans and new questions about whether or not the president obstructed justice in the russia probe. as axios points out, trump's legal team points out the president cannot obstruct justice. but notes the one thing that everyone agrees on is the house of representatives with its impeachment power alone decides what is cause for removal from office. for now at least the house is run by republicans. well, that's consoling.

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with the mta and the ta specifically along with other city partners that is developing a whole host of pnc-related reports. one is out the tnc came out that did address those and raised a lot of the congestion information and that has recently come up. next up will be the regulatory framework document. and then there are -- i don't remember the exact number, but it is not an insignificant number of reports that are going to be quickly following dealing with accessibility for people with disabilities, safety, effect on transit, etc., and from those documents as those documents are coming out on policies, policy prescriptions where we have that ability, will fill in, to hopefully where we can regulate issues that are identified and regulate those issues. >> just a quick follow-up. so when the data is updated, will we have a sense of the emissions impact of those services here? >> warren, do you know -- i'm sorry, warren from the ta is one of the people heading up the work for the transportation. is that one of the -- >> i am warren logan from the transportation authority. just like john said, we hav

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sinclaire broadcasting and pnc on top of at&t, boeing, comcast, fifth third bank and wells fargo. even though democratic leaders like nancy pelosi insisted such benefits would not reach workers today thee she doubles down the insulting crumbs the republicans give working families are meager, melissa, meager and temporary. and that's for the families lucky enough not to face a tax hike right away. the president looked ahead and said he is getting beyond this and he is going to win on other issues. watch? >> infrastructure is by far the easiest. people want it, republicans and democrats. we will have tremendous democrat support on infrastructure as you know i could have started with infrastructure. i actually wanted to save the easy one for the one down the road. wwe will be having that done pretty quickly. >> democrats now talking about this tax cut being bred crumbs. check this out. then president obama was touting the #$40 campaign. bottom line. more than 40 bucks in lots of paychecks and overtime in 2018 is going to help republicans. >> melissa: it helps to. it becomes so insult