thank you very much, rahel solomon.n this afternoon. >> the dow, the s&p and the nasdaq are in the red. we're down 171 points for the dow industrials. at the lows of the day down 230-odd points at the highs of the day we were in green, up about 28. that's the range that we're in two-thirds of a percent. oil ending the week in the red as a storm hit u.s. supplies trickle back in. you can see wti crude, $71.90. up over 3% and here are some of the day's movers "the wall street journal" reporting the deal is not imminent or finalized. state street down about 2.5% zumies announcing a share repurchase program stocks are on the move up 6% right now. barclay's reiterating its overweight faster than expected adoption of its office 365 and azure cloud services moving lower down 1.5% for more on this call and others, kelly can get the full stories on analyst upgrades and downgrades >>> the future of sports and athletic training is virtual a lot of money is flowing into startups that are transforming the industry julia boorstin tak

. >>> welcome back i'm rahel solomon, and here is your cnbc news update this hour.ed identify two more victims of the 9/11 attacks 20 years ago. one of them is dorothy morgan. she was 47 years old and lived on long island her remains weren't identified until now. at the family's request the name of the other person recently identified is not being released >>> and as the biden administration prepares to declassify some documents about the investigation, the embassy to the u.s. says it welcomes their release. the families of some victims believe the papers will include evidence saudi officials were involved in the attack the embassy says any allegation of complicity is categorically false. >>> in an event honoring labor unions, president biden says a measure of success is how working families doing >> some people started seeing the stock market and corporate profits and executive pay as the only measure for our economic growth by the way, the stock market has gone up exponentially since i've been president you haven't heard me say a word about it i'm glad it's gone u

. >>> welcome back i'm rahel solomon and here is our cnbc news at this hour in louisville, kentucky, one child has been killed and two others injured in a drive-by shooting at a school bus stop. police are asking with anybody in the area with a video camera for possible clues the search for the motive and who was behind the shooting is tonight at 7:00 eastern. the epa considering big cuts to the biofuel blending requirements that's according to reuters and the proposal would be a big win for the fuel demand during the pandemic r. kelly says he will not take the stand in his sex trafficking trial. the defense is expected to rest its case this afternoon clearing the way for the start of closing arguments. and the lone winning ticket for last night's mega-millions drawing for this year's rockefeller center it is worth $432 million it is up to $490 million for tonight's drawing. scott, i'll send to back to you. >> thank you, rahel solomon. >> the stock of the day and shares are plunging to cut the outlook. steve weiss owns it and that's why he's calling in and the first earnings missed i

kelly, back to you >> rahel solomon, thank you. >>> up next we get back to the big apple event. have all the details and our panel weighs in. apple shares coming off session lows we're back in a moment [crowd cheering] how's sanchez looking? with your qb's increased spin rate, any pass with a launch angle of at least 43 degrees puts sanchez in the endzone. you a data analyst or something? an investor in invesco qqq. a fund that gives you access to nasdaq-100 innovations like ai statistical analysis software. how am i gonna do? become an agent of innovation with invesco qqq. ♪♪ . >>> welcome back, everybody. got some news from the apple event on the watch and the ipad mini let's go to josh lipton for the latest and greatest. josh >> so, kelly's apple's announcing those products fast and furious. coo jeff williams on stage unveiling the watch. he is discussed as a possible successor to tim cook some day watch series 7 here, longest display yet, 20% more screen area, new case with rounded borders, new watch faces, the most durable watch yet, water resistant, all day battery life, c

full coverage at 7:00 eastern. >> rahel solomon, thank you very much energy, it's the best performingtor of the year has been red-hot lately as oil and natural gas prices posed strong monthly gains for more on how to make money in that space right now and where it's all going from here and we are joined by one of the most successful commodity traders ever is america fisher good to see you, fish. welcome back >> scott, how are you? >> i'm good. let's take a look at nat gas first because that's what everyone seems to be talking about. 553-ish in that range. sharif suki who founded shaunih. i'm sure you know him. he told cramer he thinks it could peak at six. what do you think? >> first, i don't think that natural gas will go off the board a month from now cheaper than when october went off october went off the board around 585 so since winter has not started yet i would be hard pressed to how november will go off no matter what happens during this month. i think if the price is only going to go to $6 that's based on an early, cold winter and people freak out here like they freaked out i

back to you, scott. >> thank you very much, rahel solomon. let's bring in anthony scaramucci managing partner at skybridge capital, the host at the salt conference, the first you've had in new york. thanks for having us. >> great you were great this morning with scott gottlieb. thank you. it was great. >> gottlieb, i told him on the stage, i said you being here is as much the good housekeeping seal of approval as anything it speaks to the risk of putting a conference like this on right now in new york. >> so over the summer there was a debate about doing it. and obviously we talked to scott. i appreciate your introduction, frankly. he laid out a protocol and procedure that he thought would make us healthy and safe and we implemented that procedure textbook of course we won't know for a few dayshow these things work. but we had strict regimen of vaccine mandates at the javits center we have to live with covid you asked scott that question today. is it with us? he said it is. we have to figure out a way back to normal lives but following a heal

. >>> let's get to rahel solomon >> hello, everyone here's what's happening at this hour a brief courtion on the first day of trial in the paris terror attacks when the main suspect shouted at the judge that he and the other suspects are being treated like dogs he has refused to speak to invss gators about his part. >>> in idaho a hospital has turned its biggest conference room into a space to accommodate 22 patients. the hospital is one of several in the state that have implemented crisis standards of care to deal with record numbers of covid patients. >>> idaho is not the only state with covid levels at an all-time high and president biden with a speech tomorrow night about covid. >>> and if covid wasn't enough to deal with, new research that the upcoming flu season could be severe a university of pittsburgh study estimates that there will be as many as 600,000 hospitalizations that is roughly triple the amount for a normal flu season kelly, back to you >> no thanks, rahel. no thanks. >> when it rains, it pours >> i'm thinking wear a mask to help with the flu. >> that's interesting.

you're now up-to-date, scott, back to you. >> appreciate it rahel solomon.dline passed with no word on whether it made an interest rate payment. it has a grace period before going into default for more we are joined by avenue capital's marc lasry and was one of evergrande's bondholders. it's good to see you. >> it's a pleasure thank you for having me. >> i thought of you with this story because i think of distress and i think of big companies like that and somebody like you probably own debt, and it turns out you did. >> we did. yeah so first, i want to apologize. i'm meeting with senator widen and i'm at cowen's offices and they put me in their studio. i know this is the cowen logo behind me and i'm happy to talk about evergrande wherever you want. >> senator widen, maybe you'll have insight into big infighting and everything else. we can talk about that later, however. >> i do want to know what your position is right now in evergrande, if any, and you can give me a little bit of history there. >> sure, look, when we look at evergrande, we've been being loo

rahel solomon. it is one of the must-watch nfl games of the season. tom brady's return to new england this sunday night as the bucs take on the patriots and joining us now for a preview is nbc's al michaels who will be announcing the game. good to see you as always. you talk about broadcasting gold, al >> no question about it, but first, scott, i have to say every time i'm on the show the dow is down 4 00 points and i ca put the cabash on the market. >> i'll make sure everyone knows you're coming on. >> and lee cooperman, that was a tremendous interview. >> thank you >> this is fantastic we knew this was coming because every four years the afc eefrt meets the nfc south, so we knew this was out there, and it was pre-determined that that was going to be the matchup and we didn't know if we would get it or fox would get it on monday night and we knew it would be a regional game. i can't think of in 36 years of doing the nfl in primetime, i can't think of a more anticipated game, certainly a regular season game and it will be crazy in foxboro sunday night

. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >>> welcome back to "halftime report"" i'm rahel solomon and here is your cnbc newshour four former minneapolis police officers, including derek chauvin pleading not guilty on federal charge stemming from the death of jornl floyd the four men were indicted by a federal grand jury in may for allegedly deprive floyd of rights and ton on the news with shepard smith looking at one of the questions in the case. will the officers be tried together or separately >>> a group of eight senate democrats unveiling a reworked voting rights bill after reaching a compromise with senator joe margin the proposed legislation could be brought up for vote as early as next week all 50 democrats need to be joined by ten republicans for the bill to move forward. >>> and then france about 200 health care workers protesting outside the health ministry in paris average authorities said starting wednesday health workers needed proof of covid vaccination or risk suspension from work. you're now up to state scott, back to you. >> rahel solomon thank youdome chu has a market flash on the casino n

yesterday we inadvertently said 2004 >>> welcome back i'm rahel solomon and here is your cnbc news update this hour. president biden says that he has great confidence in general mark milley, the chairman of the joint chiefs of staff. the comment comes following a report that milley made two secret phone calls to his chinese counterpart to assure china that the u.s. would not attack the country in the wake of the january attack on the capital. portugal has vaccinated 80% becoming one of the world's most vaccinated nations around 8.2 million people are vaccinated >>> six people were shot at a cleveland liquor store, one critically hurt and three others are in serious condition they are still looking for the gunman >>> and obesity continuing to be a problem in the u.s 16 states report obesity rates of 35% according to new cdc data the number has nearly doubled since 2018 kelly, back to you >> rahel, thank you. a check on the markets recently near session highs and that's still the case the nasdaq up two-thirds of a percent. crude is one to watch. and we're keeping an eye on yields a slice mo

first, a news update with rahel solomon. hi, rahel. >> good morning. what's happening at this hour draftkings is reportedly making a $20 billion offer to buy entain sports betting company sources tell cnbc the offer is mostly draftkings stock shares are up about 20% on the news draftkings is down about 7%. >>> jp morgan chase adding another fintech acquisition. cnbc also learning the bank ut bought college planning platform frank. no size of the deal. frank served more than 5 million students since it was launched in 2017. >>> home construction rebounding in august. 3.9% increase was better than expected and follows decline in july although the rise was driven by a jump in apartments being built. singly family construction continued to fall. >>> and here is another reason to start your holiday shopping a little early record backlogs of container ships waiting to unload continue to grow. 72 ships in line to dock at the ports of long beach and los angeles and some carriers are canceling voyages to allow the backlog to clear jon, now 95 days away from chr

first a news update with rahel solomon. >>> you have a gain of about half a percent meanwhile volatility the vix is up. commodity prices are also falling. it fell briefly 3% and dipped below $70 a barrel and precious metals are posting gains the increase of energy was driven by a big drop in lumber prices and big demand by buyers, although, labor shortages are expected to continue >>> and travelers will need to prove they're fully vaccinated and they tested positive to covid-19 the rules will go into effect in early november i'll send it back to you. >> thanks, rahel. >>> don chu has some of the sharper divergences within tech. what do you think? >> we're talking about levels in the market even with today's pullback that the but the dow and s&p and nasdaq high. yes, a pullback. people are talking about the 50 manufacture day moving average all of that is in play now the divergences are starting to get more noticed because within certain parts of the market, the russell 2000 has been narrowing as of late. whether or not that continues, maybe that's a sign. same thing is happening with tra

it's time now for a cnbc news update with rahel solomon. >> here's what's happening at this hour. dallas where an explosion caused by a natural gas leak partially collapsed an apartment building seven people were injured including two firefighters who are in critical condition. they were investigating the leak when the explosion happened. >>> premiums will be falling next year from any medicare advantage and prescription drug plans. the average medicare advantage plan will cost $19 a month in 2022 that's more than $2 less than this year. >>> tickets for the beijing winter games will only be sold to people from mainland china. beijing organizers say that their focus on keeping the olympics safe. athletes and other participants must prove that they are fully vaccinated or quarantine for three weeks ahead of the games >>> and in london royal fans of the new james bond movie, prince charles and prince william and their wives camilla and kate and cast and crew at the world premiere of "no time to die. it is the 25th bond movie and it's finally making its debut after being delayed three

. >>> welcome back i'm rahel solomon, and here is your cnbc news update this hour.'s approval rating has dropped significantly in the wake of the afghanistan withdrawal a new poll shows it fell hitting 43%, the lowest level since he took office. the survey done by npr, pbs news hour and marist are responsible for the decline. general motors is again cutting production at its north american plants due to a shortage of semiconductor chips. it will add or extend down time in canada and mexico most will last two weeks 12 jurors and 5 alternates selected in the fraud trial of elizabeth holmes seven men and two women will decide the fate of the theranos found earp accused of making false claims about the drug testing business >>> for the first time in 40 years abba has a new studio album. "voyage" will be released and the group will use digital avatars with a live band it will be held in a specially built abba arena the company founded by george lucas. kelly, are you an abba fan >> now you have our attention, rahel. what i want to know is if tyler is >> i love the play >>

>>> welcome back i'm rahel solomon, and here is your cnbc news update this hour. oklahoma's pardon and parole board voted 3-1 the governor should commute the death sentence of julius jones to life in prison. he said he was framed by the actual killer in a 1999 shooting death. the case was profiled in an abc documentary. >>> u.s. capitol police say they arrest add california man who had a bayonet and machete. both are illegal in washington, d.c. police say the vehicle had a peck tour of an american flag instead of a license plate and covered with white supremacy symbols. >>> a 12-year-old stabbed a slender man. >>> and now in boston two parents, former casino executive and former staples and gap executive john wilson are accused of paying hunls of thousands of dollars to get their children into college by falsely claiming that they were athletic recruits. you are now up to date tyler, back to you >> thank you very much, rahel. the dow coming off the boil just a bit there. now up 100 points. nothing to sneeze at just one-third of a percent it was higher earlier the

i'm rahel solomon and here is your cnbc news update this hour. >>> three police officers and two paramedics indicted on charges including manslaughter for the 2019 death of elijah maclean. a 911 caller said he looked suspicious they put him in a chokehold and injected him with a sedative as he pleaded i'm just different, that's all >>> one student has been injured after a shooting at a high school students are reunited with their parents but no arrests yet >>> in an effort to ease the housing crunch the white house says the biden administration will create and sell 100,000 affordable homes the next three years. it will use existing funds >>> and they just grow up so fast, don't they giant panda twins born in june spending time away from their mother in a spacious crib. they weigh over 8 pounds each. their eyes are open. doctors say they don't know and zoo keepers don't know if the pandas can see well enough to identify objects which sort of feels like me in the morning before i put my contacts in. >> technically my eyes are open but i'm not sure what i'm looking at >> they seem pretty good

with jon fortt former doj antitrust chief joining us in a moment first, get a news update with rahel solomonood morning. what's happening at this hour. surprise acceleration. rising to 59.9 despite ongoing supply chain problems the private sector added fewer jobs than expected in august saying companies added only 374,000 people to their payrolls, compared to the 600,000 expected >>> campbell's soup giving back more than half of this morning's gains. stock up less than 2% surging on strong future profits, although full year guidance below forecast. >>> and i hate to say it toilet paper sales jumping again. "wall street journal report"ing procter & gamble, maker of charmin, running factories around the clock to try to keep up with demand and limiting shipments to some businesses julia, feels a bit lie deja vu l here we are again. >> all over again. >>> yesterday south korean parliament approving a bill banning google and apple's app stores from developers to only use their payment systems. this at the heart of what epic games and other active developers here in the u.s. are fighting for, but

we will have some interviews with ceos of pager duty and mongodb but first a news update with rahel solomond morning. president biden admits that he is disappointed the august jobs report showed a 235,000 increase in nonfarm payrolls and says that more needs to be done to fight the delta variant and thinks that the nation's economic recovery is durable and strong. >> while i know some wanted to see a larger number today and so did i we have seen a continued growth it is not just that i have added more jobs than any first-year president -- in the first year of any president, it is that we have added jobs in every single one of my first seven job reports >>> sources tell david favre that the board of kansas southern will talk merger in response to regulatory problems with the current plan to be acquired by canadian national for $34 billion. canadian pacific offered to pay $31 billion. >>> chevron's management met with the same activist firm that won seats on exxonmobil's board and david favor said they met with many other oil companies and not expected to make chevron a next target. interesti

over to rahel solomon for a cnbc update rahel. >> hi, kelly >>> here is what is happening at this hourn who has been sentenced to life in prison for killing four people at massage business pleaded not guilty to four more counts of murder robert aaron long could face execution if convicted on new charges. >>> 11 people have been charged in the hazing death of adam observation, a student at virginia commonwealth university the charges come six months after he was found dead. his family says he attended a frat initiation party where he was told to drink an entire bottle of whiskey. >>> on the news, new cars will abolish fraternities and sororities at northwestern university we will have a reporter on the ground tonight at 7:00 eastern >>> and amazon is unveiling new products there's an amazon echo you can hang on a wall the company 'first smart therm stat and this. meet a home robot that puts your alexa on wheels. it can also talk to other smart devices and even up your home security by patrolling the house. astro will cost about $1,000 and be available by invite only. no release date has

35% the reference price was $40, so that one opened in the past 10 or 15 minutes time over to rahel solomon the cnbc news update rahel. >> hi, kelly >>> here is what is happening at this hour. hurricane sam may be offshore, but forecasters say that the storm could bring life threatening waves and rip currents to the east coast this weekend. hurricane watchers are keeping an eye on the storm which is packing sustained winds of 130 miles per hour >>> a new poll from the associated press finds that unvaccinated americans are planning more travel and heading back to gyms and churches, and at the same time more than one in three vaccinated adults over 50 are very or extremely worried that they or a family member will become infected that number has roughly doubled since june >>> in slovenia thousands protesting tough anti-covid measures in the small european country. riot police fired tear gas and water cannons to control the crowd. they have suspended the use of the johnson & johnson vaccine following the death of a 20 year old who received a shot. >>> on the news, backlash from youtube, deleti

over to rahel solomon for a cnbc news update. rahel. >> hi, kelly >>> leehire is what is happenin.ngs rode from 3,900 to about 21,500. while the increase is largest ever, the overall number of murders is still below the record set in the earl ae ee 90s. in philadelphia though this year's murder tally topped 400 over the weekend putting the city on track for a record number of homicides this year. on the news, more on the rise in violent crimes of all kinds in the u.s. that's tonight at 7:00 eastern >>> texas republicans releasing a first draft of the new congressional map. texas is the only state to gain two new congressional seats from last year's census the map is likely to change over the coming weeks before being sent to governor abbott for his approval >>> and strong advance bookings for new james bond movie it is said "no time to die" has the breast presales of any film since april of 2019. the movie rolls out in the u.s. next week. kelly, i imagine that wolf will be first in line to see it >> he should be in one of the film at this point >> agreed. >> you could do a financia

i'm rahel solomon.taliban leaders say they've captured panjshir, giving the taliban full control of afghanistan the u.s. now averaging 164,000 new covid cases and 1,500 deaths each day, domestic flight bookings are down around 16% for the labor day weekend, compared to 2019. still enough for long lines at airports like this one in charlotte, north carolina. >>> and as president biden prepares to tour the area, electricity should be restored to new orleans by next week. they say 25,000 workers from 40 states are working to fix 14,000 damaged poles and 2,000 broken transformers eamon, back to you >> thank you for that. >>> a quick check on the markets following today's weaker than expected jobs report any close in the green for the s&p, another record high right now we're looking at the dow down a little bit but not too much the s&p up a little bit. everything just basically in a flat range lots of action in the commodities markets. gold, silver, platinum, palladium. oil posting gains for the week and clo

hour in a moment, we'll talk to the employee behind the #apple too movement first an update with rahel solomon. >> here's what's happening at this hour. boeing is among the biggest losers in the dow 30 it ended talks to buy 737 max ten jets worth tens of billions of dollars the wall street journal reporting that deliveries of 787 dreamliners may be delayed until late october because of disputes with u.s. safety regulators. >>> deutsche telekom and softbank announcing a $7 billion stock swop deutsche gets an increased stake in t-mobile. softbank international ceo sees many opportunities for the companies to work together >> everything that is going to happen, mobility, autonomous vehicles and others and growth of finteches i think where these two companies converge, there is more we can do this is why we consider to be a very strategic investment. >>> and aluminum prices are holding steady after hitting a ten year high. the metal jumped after guinea raised concerns about bauxite supplies now up to date back to you. >> >> rahel, thank you very much. >>> dom chu has a tech on some trading. >> alm

. >>> welcome back i'm rahel solomon and here is your cnbc news update this hour. special counsel looking into how the government investigated possible russian meddling in the 2016 election is close to indicting a democratic lawyer. nbc news reports that he will be accused of making a false statement to the fbi when he passed along suspicions about supposed secret communications between the trump campaign and russia those concerns were later found to be unfounded. his lawyer says he did not commit a crime >>> louisiana state university is unenrolling students who have not shown proof of vaccination as required by the school. "jeopardy" announcing a new host they will rotate on the syndicated version that will continue until the end of the year as the producers decide on a permanent replacement. >>> and once again piers morgan working for rupert murdoch he has signed a deal to host a show on a new british channel being launched by the murdoch media empire morgan left itv after controversy comments about meghan markle. you are now up to date >>> thank you very much.

. >>> welcome back i'm rahel solomon and here is your news update idaho is rationing health care resourcess covid cases surge the largest hospital network is icu beds are given to patients most likely to survive idaho has one of the lowest vaccination rates. >>> the u.s., great britain and australia formed a security alliance to help reshape rice lakes in the indo-pacific reemgs the alliance will provide australia are nuclear powered submarines be, a doming shared with the uk already. >>> china said the deal undermines peace and stability in the region. tune in to the news with shepard smith tonight for more on the packet and how other governments are reacting. >>> and sources tell cnbc that new york attorney general letitia james is holding private talks to gauge support for a gubernatorial run. kathy hochul has said she will seek re-election you're up to date frank. >> thanks, rahel. >>> shares of las vegas sands and wynn resort continue to move both stocks cut to naurlt from overweight by jp morgan. jon over to you. you're long on las vegas sands i see you as a crap table guy. >> maybe

delta has turned negative for the year versus their 52-week highs, delta down 25% let's get to rahel solomonws update >> here's what's happening at this hour. the military is defending two calls made to china made by general mark milley. in the wake of the january attack on the capitol, milley reportedly assured his chinese counterpart that president trump was not planning any military action trump says that was an act of treason. >> the president knows general milley they've worked side by side through a range of international events the president has complete confidence in his leadership, his patriotism and his fidelity to our constitution. >> colorado's toattorney general says a civil rights investigation shows that the police department in aurora has a pattern of racially biased policing >>> a former minneapolis police officer mohommad ward says the charge doesn't fit the circumstances of the case in which he fatally shot an australia woman who reported a possible sexual assault behind her home >>> as tropical storm nicholas continues to dump rain on southeast louisiana here's what's bec

outperform value for a change on this final day of the quarter let's get an update first, though, with rahel solomon> shares of bed, bath and beyond down more than 20% and on track for their lowest close in a year second quarter profits badly missed estimates and the company's ceoing a they didn't move fast enough to maintain margins and lowering guidance for the rest of the year >>> car max sinking 11%. investors focusing on weak earnings as well as the number of used cars sold. shares are still up more than 35% this year. >>> jobless claims rising. economists blame a number of factors, including western wildfires, and higher levels of covid infections >>> and merck announcing a $11.5 billion to buy accelron, shares roughly flat today you are now up to date jon, i'll send it back to you. >> raheld, thank you microsoft making a number of hardware announcements, as we are on the door of q 4 right now, gearing up to launch windows 11 on tuesday and announcing last week the biggest update to the surface portfolio i've seen, five new devices. i'm here now with corporate v. p. search and devices in redmo

let's get to our cnbc news update with rahel solomon. >> here's what's happening at this hour. on capitol hill three democratic congresswomen offering their own deeply personal testimony about their abortions. they did it during a hearing on how to respond to conservative states passing strict new laws limiting abortion access some republicans slamming the hearing by the oversight committee saying that it had no jurisdiction in this area. >>> continuing the search for gabby petito has led to the discovery of another body, 46-year-old robert lowry the body was found in the same area of a wyoming park as petito's body. >>> and federal officials have been quietly preparing for what could be the biggest search of migrants at the u.s. southern border in decades. homeland security officials laying plans for a worst-case scenario of 350 to 400,000 migrants crossing the border next month if a court stops the administration from using covid rules to block entry >>> what could cause a new surge and how officials are getting ready. that's tonight at 7:00 eastern >>> surging prices, short

[deep exhale] [fast upbeat music resumes] [music stops] >>> welcome back i'm rahel solomon and here'sour cnbc news update. funeral services were held today in indiana for corporal um better owe sanchez he was one of the 13 u.s. service members that died during the u.s. withdrawal from afghanistan. >>> haitian prosecutors are asking the judge to detail the nation's prime minister over possible ties to the july assassination of the president the prime minister received two suspicious phone calls from a key suspect in the case just hours after the killing. >>> the justice department limiting the use of choke holds and no-knock warrants by federal officers the new policy comes just a little over a year after the deaths of george floyd and breonna taylor. >>> crews are working around the clock to determine why a stretch of road buckled. no injuries have been reported but residents say they have been smelling natural gas fumes in the air there for weeks. tyler, i'll send it back to you. >> that is a stunning photograph thank you, rahel. >>> let's take a market check and the dow as you can s

the nasdaq is lower for its third week of losses now let's go over to rahel solomon for a cnbc news updateere's what's happening at this hour democrats in the house of representatives have passed an abortion rights bill it's meant to protect abortion services against growing republican state restrictions. the house bill is unlikely to passes in the senate california, thousands of people evacuated from their homes because of a fire that's believed to have been started by arson. the fawn fire has burned 6,000 acres. a woman has been arrested. >>> texas is conducting what it calls a full forensic audit of the 2020 presidential election in four counties announced just hours after former president trump sent a letter to texas governor abbott demanding a recount. on the news what arizona republicans found in their election audit and how the texas gop may do its recount differently. that's tonight at 7:00 eastern >> thank you very much >>> now if you're befuddled about boosters, curious about covid treatment and how widely used is biogen's alzheimer's drug we'll clear that up next. what's in stor

first, a news update with rahel solomonants what's happening at this hour.elling cnbc stocks will lose advantage as tighter monetary policy sends interest rates higher recommending diverse across country and assets except for one. >> cash is trash don't keep it in cash. right? second, the most important thing i think that an individual investor or any investor could do is know how to diversify well, because all of those assets classes will out perform cash. >> doordash suing new york city over a law requiring delivery companies to share more customer data with restaurants including names, phone numbers and delivery addresses the company argues that would violate the privacy of its customers and make it easier for restaurants to compete against it >>> cnbc learned hiring a former amazon executive to run the investing app day-to-day operations preparing to go public expects crypto as an option but hasn't announce add laumpl date yet. nbc universal and comcast ventures investors in acorn and cnbc has a partnership with it you're up to date. jon, back to you. >>

first, let's get a news update with rahel solomon >> good morning. here's what's happening.sales surging al 8.7% rose for the first time despite rising prices and tight supplies of available homes >>> united airlines starting termination procedures for nearly 600 employees for defying the covid vaccination mandate. 1,000 are seeking medical or religious exemption. earlier on "squawk on the street" ceo scott kirby said other companies should expect similar levels of support for vaccine mandates >> i think our experience is representative with what every company will have if you just do it and say here is the rule and the guideline and the date, stick to it and everybody will get to around 9% >>> shares of dollar tree are surging about 15%. best one-day gain in nearly 21 years. the discount retailer surging after adding to its stock buy back program dollar tree hit a 15-month low on friday. quite a difference a few days make, john >> let's get an update from the nasdaq josh lipton is there in times square not literally in times square, but overlooking it josh. >> that's right,

let's get a news update with rahel solomon. >>> here is what's happening this hour.visory panel is meeting today to consider whether a third shot of pfizer's covid vaccine is safe and effective for people 16 and older. if that group says yes, then the fda approves the shot it will be up to the cdc to decide when they should get it pushing to make boosters widely available but many scientists doubt it's needed. >>> the treasury department is planning on making it harder for hackers to use cryptocurrencies. >>> the house will vote next week on whether to suspend the debt limit, although it's unclear if it will be a stand alone bill or if it will be attached to a measure funding government operations. and the white house warning that if congress doesn't do something and the u.s. faults for its debts the economy could fall into a recession just as it's recovering from the pandemic jon, back to you >> thanks, rahel >>> a parallel universe where tiktok is owned by microsoft we'll consider that next and explain after the break. "techcheck" is back in two jerry is here! j! m

. >>> first a news update with rahel solomon. >> what's happening at this hour u.s.penings setting another recordin july with employers looking to fill 10.9 million open positions labor department also says actual hiring fell slightly, while layoffs and number of people quitting inched up. >>> treasury secretary janet yellen saying the extraordinary measures used to keep paying government bills run out next month. somewhat earlier than previous estimates of this fall yellen urging congressional leaders to suspend or raise the borrowing limit as soon as possible. >>> and shares popped more than 70%. the french drugmaker sanofi in a deal worth $1.9 million. >>> and macy's day parade, crowds cheering on the balloons. details wheres to watch and how many allowed to watch and the guidelines in effect announced in november. broadcast and on nbc and owned by comcast nice to see something returning back to normal back to you. >> yes sure we will all be watching that parade in a couple months. >>> meanwhile, amazon is reportedly in the process of rolling out its own amazon br

didn't give details about the offer, but entain shares surging, and draftkings is down about 6% to rahel solomon a cnbc news update >> hi, kelly here is what is happening at this hour. fbi agents and other law enforcement officials are back in the carlton nature reserve searching for brian laundrie, the fiance of gabby petito >>> the head of the u.nnited nations telling world leaders we face the greatest cascade of crises in our lifetime and wants the world to come together to fight climate change and wide-ranging inequalities. >> we face a moment of truth now is the time to deliver now is the time to restore first and now is the time to inspire hope, and i do have hope the problems we have created are problems we can solve. humanity has shown we are capable of great things when we work together. >> and in texas on the border with mexico some migrants are being bussed to houston, but thousands of others face deportation. on the news flag, migrants back to their country and new migrants heading to the u.s. that's tonight at 7:00 eastern back to you. >> rahel, thank you very much. >>> still ahead,

now a program from amazon helps train americans for the tech jobs of the future here's cnbc's rahel solomonust needed a change in my life i was just stuck at home and wondering what else could i do besides coding. >> reporter: for mom lynnette, covid made her realize she wanted a new job, one that still allowed her to be with her young son, kendrick, as much as possible. >> i just want to be right there for him at all times. >> reporter: she hoped to learn cloud computing so she went back to school, enrolling in a program at central georgia technical college in partnership with amazon web services. >> now is the time to upskill and reskill talent we're doing that in collaboration with community colleges, which, you know, we have to look at it differently we have to meet people where they're at that's why the community colleges have truly been the anchor of allowing us to reach those students. >> reporter: she first learned about the aws program scrolling the internet late at night she felt it was the only way to grow professionally. >> i just seen that the world was changing, that jobs were

goodell in a moment as a new football season kicks off tonight on nbc let's get a news update with rahel solomon. >> here's what's happening at this hour. airline stocks are among the biggest gainers in the s&p 500 most of the big carriers have lowered revenue guidance due to the delta variant and rising covid cases, but the cuts are relatively small some say that is short lived >>> walmart ending its long held tradition of paying quarterly bonuses to store workers it comes after a week after walmart announced it is raising its wage for nearly half a million employees. >>> european banks will bin trimming some of its support for the economy. the ecb will moderately slow the pace of bond purchases in the coming months. >>> and back here in the u.s., weekly jobless claims falling to another pandemic low 310,000 good news there. julia, back to you >> thank you, rahel. >>> and verizon and the nfl announcing a ten-year partnership to use 5g to power tech adoption throughout the league also naming verizon an official tech partner of the nfl. with verizon 5g ultra wide band now available in 25 stadiums

boorstin and jon fortt a breakdown of apple and epic's battle royal first, a news update with rahel solomonood morning. good morning, everyone house democrats are detailing the tax hikes that they're proposing to help pay for their $3.5 trillion social safety net and climate policy plan. it calls for a top corporate tax rate of 26.5% and a top individual tax rate of 39.6% they also want a 3% surcharge on individual income above $5 million. and a capital gains tax of 25% >>> opec is forecasting that for all of next year global demand for oil will actually top prepandemic levels crude futures are up around 1% in u.s. trading topping $70 a barrel >>> and dick's sporting goods is expecting a strong holiday season it plans to hire up to 10,000 seasonal workers, 1,000 mores than last year shares are down today but up more than 130% this year back to you, jon >> good luck to them findi ing 10,000 workers it is competitive out there. tencent music getting a downgrade to hold by wolf research amidst the ongoing china wreckage payments app ali pay becoming the newest rumored target of a breakup. alib

. >>> tow to rahel solomon for a cnbc update this hour. >> here's what's happening at this hour.epartment is expected to announce that it will sue texas over its new strict abortion law. attorney general merrick garland is holding a news conference to announce a civil rights case more than 100,000 microsoft employees will not be going back to the office early next month the company is indefinitely delaying their return citing the uncertainty of covid some other large tech companies including amazon, google and facebook have already delayed their reopenings until next year >>> and a new study says that the number of covid deaths and cases in nursing homes last year is far higher than what's been confirmed by the federal government the study suggests that more than 118,000 nursing home residents died of covid last year it's about 30% of the national total. researchers say the difference is because nurse, homes aren't actually required to report cases and deaths until may of last year. >>> and on the news, president biden's new covid plan appears to be far more reaching than expecte

i'm rahel solomon and here is our cnbc news update at this hour nbc news reports that more than 15 millionf covid vaccine have been thrown out in the u.s. that number according to government data obtained by nbc. while that's less than 4% of the vaccine administered to americans. it's more than previously known and likely a an undercount due to incomplete data remnants of ida still strong enough to flood in maryland. two people are missing and 150 people have been forced from homes. in virginia about 20 homes were knocked on foundations >>> and grand isle louisiana, a drone video showing the massive damage to coastal homes. 100% of homes were damaged by hurricanes ida, about 14% destroyed. on the news getting help for survivors of the hurricane and restoring power to parts of new orleans, tonight at 7:00 p.m. eastern. >>> and the new report from the united nations says that weather disasters are now four to five times more frequent than the 1970s, also costing 7 times as much even when adjusted for inflation. on the positive side fewer people are dying in weather disasters. you're now up t

neutral saying they don't like the uncertainty for more on that call head to cnbc.com/pro >>> now to rahel solomon cnbc news upset. >> here's the latest convicted murderer and former minneapolis police officer derek chauvin has pleaded not guilty in a separate civil rights case. it involves a 2017 encounter with a black teenager. he used a similar restraint on george floyd this is the second federal arraignment for derek chauvin this week. for more on the charges he's facing, tune in to "the news" tonight with shepard smith >>> north korea has successfully launched ballistic missiles from a train for the first time an official said the rail system is an efficient counterstrike measure. >>> the madoff victim fund has distributed another $568 million to victims in total $3.7 billion has been distributed to nearly 40,000 victims. >>> and mass mutual will pay $4 million in overalling its social media policies as part of a settlement with massachusetts regulators over posts made by its employees who fwere online s roaring kitty. >> so his employer got in trouble, rahel >> apparently. >> wow interesting

costco, kroger, pool company, albemarle and waste management now to rahel solomon >> here's what's happening hour. across the northeast, winds and flooding from what's left of hurricane, i da have caused at least 25 deaths. tornadoes reported in new jersey and new york with some homes destroyed. president biden telling the energy secretary to do everything she can to keep gas flowing. that includes releasing gasoline from the strategic petroleum reserve. >> that's why we're not waiting to assess the full impact of the storm is going to have on oil production and refineries. we're moving already to increase the availability of gas and easing the pressure on gas prices around the country. >> in on "the news," live reports on the ground from the northeast and louisiana with the latest on search and rescue efforts. that airs tonight at 7:00 p.m. eastern. >>> federal highway officials estimate more than 8700 people died in car crashes in the first three months of the year that's a 10% jump from last year even though americans actually drove 2% fewer miles you're now up to date. kelly, back to you

. >>> welcome back i'm rahel solomon. for the first time since allied troops withdrew from afghanistan, a commercial passenger jet has taken off from kabul. some 200 foreigners including americans were on board. the flight marks a significant breakthrough in the bumpy coordination between the u.s. and afghanistan's new taliban rulers and on "the news," what the flight says about negotiation with the taliban and what more flights might happen, tonight at 7:00 p.m. eastern. >>> amazon says it will now pay for its workers' college tuition, books, and fees amazon is adding education programs for data center management, i.t., and user experience and research design >>> and sotheby's has landed one of the largest art consignments in years it will be auctioning the mackloe collection of modern art. they expect to bring in $6 million. scott, back to you >> rahel, thank you. >>> bryn, you have an addition to a stock you already held, and that is coinbase why did you add more >> i've talked about the stock before i own the stock, i

indeed.com/hire >>> welcome back to "the exchange" and here's what's happening at this hour i'm rahel solomondefense secretary austin says he will always be proud of the role the u.s. played in the war in afghanistan. he also thanked the american service member who is fought there. he says the u.s. is working to shore up allies around afghanistan and that he will travel to the persian gulf next week >>> on "the news" tonight the transition of afghanistan from a military to a diplomatic mission. >>> president biden condemning new abortion restrictions in texas and pledging to protect abortion rights. he says that the law, quote, blatantly violates the constitutional right to abortion established in roe v. wade >>> dozens of cars are in line for gas. gasbuddy says about half the gas stations in new orleans and baton rouge are out of gas >>> and the new orleans saints are moving their season opener because of hurricane ida the team has been practicing at the cowboys stadium in dallas. they will play their first game of the season in jacksonville, taking on the green bay packers. >>> thank you ve

. >>> now to rahel solomon for a cnbc news update. >> hi, kelly president biden and french presidentation would have avoided problems from the u.s. decision to supply australia with nuclear-powered submarines the two will meet in europe at the end of october and france's ambassador to the u.s. will return to washington next week. >>> in california, a judge has ruled that a classmate of kristin smart must stand trial for her murder she's been missing since 1996. the classmate paul flores was the last person to see her >>> the volcanic eruption we've been talking about has forced evacuations of another thousand people at least 150 homes have been destroyed and crews are now trying to redirect the lava flow to reduce further damage. >>> on the news, experts say the eruption could last for weeks. residents are dealing with this natural disaster >>> the tape timeline, what bond yields are telling us about the state of inflation and what it all means for markets. we have all of that and more itn pi up in our special fed ediorad fire, right after ediorad fire, right after this ♪ ♪ ♪ ♪ i won

. ♪ ♪ ♪ >>> welcome back i'm rahel solomon and here is our cnbc news update at this hour president bideng the united nations general assembly to work together to battle climate change, covid and human right abuses, but he also warned against a new standoff between world super powers. >> we will stand up for our allies and our friends and oppose attempts by stronger countries that dominate weaker ones whether through changes to territory by force, economic coercion, exploitation or misinformation, but we're not seeking, say it again, we are not seeking a new cold war or a world divided in the rigid blocks >> and on the news how biden's speech will play in the heartland where one poll shows that his support is plunge, that's tonight at 7:00 eastern. a suspension of the federal debt limit through the end of next year the republicans say they will vote against it and the man who shot the video of rodney king's brutal traffic stop in 1991 has tied the images recorded by george holliday sparked nationwide outrage of police brutality. he died of pneumonia after contracting covid-19 and he was n

rahel, thank you very much rahel solomon.apple's chip tip ahead of anticipated iphone 13. and data centers is erwhe the action is. those stories all coming up in rapid fire right after this.q■ ♪♪ energy is everywhere... even in a little seedling. which, when turned into fuel, can help power a plane. at chevron's el segundo refinery, we're looking to turn plant-based oil into renewable gasoline, jet and diesel fuels. our planet offers countless sources of energy. but it's only human to find the ones that could power a better future. >>> lrlt everybody let's catch you up on a few stories that should be on your radar this friday. it's time for a friday tech edition of rapid fire. so, here to break down the headlines, we welcome jon fortt, gina sanchez, and e na freed we are thrilled to have you guys all here let's begin with reddit. reuters is reporting that they are seeking to hire advisers for ipo. the company was valued at $10 billion in a private funding last month sources say that reddit helps value at more than $15 billion

moderna is down 4.5% today bringing it to a 7% drop this week now to rahel solomon for a cnbc news updatehappening at this hour. the biden administration is buying hundreds of millions more donations of the pfizer vaccine for donation to countries around the world. "the washington post" say an announcement is planned next week >>> at today's white house covid briefing officials say that the u.s. has plenty of doses available for boosters and is ready to start next week if that's what regulators recommend. >>> and on "the news" tonight the latest from the fda advisory panel that is meeting today to decide if a third pfizer shot is safe and effective amid doubts that boosters are even right now. >>> apple says customers are having trouble making purchases with their apple credit card that offers 3% cash back on credit cards other cards are not affected >>> and rescuers working together to save a baby killer whale that was stuck in shallow waters in eastern russia they think it was hunting too close to shore at low tide they spent hours pouring water on it to keep it alive until the tide ros