like andrew ross sorkin. >> i hated this one. this one, we had our electricity out for a week, joe, because of this this storm. >> i know. >> a week. it moved past -- >> i got it back yesterday >> it moved past where i was we were worried. you never know with these things then it moved right up and then i think it was headed for north carolina and then i heard what happened here -- >> right. >> -- and the cleanup that had to be done it was headed right for this part of the east coast new jersey and everything else new zealand, andrew, has delayed its general election process after the country reported an outbreak yesterday after 102 days without any local transmission the prime minister said she was hoping parliamentary steps that would have led to an election said it's single digits. under 10 officials are investigating the possibility that the cases were imported by freight. we've had this discussion before about whether salmon or -- we've had weird -- i don't know what to believe anymore, andrew i don't know -- i don't know wh

i'm andrew ross sorkin and joe kernen and melissa lee is with us once again.s off today futures we are in the red after we've been briefly flirting, flirting with the all-time highs. we get turned around dow looking like it would open off 18 points. s&p 500 off 9 points the nasdaq looking a little higher right now up about 13 points european markets are lower at this hour. part of that could be coronavirus. germany adding the most new cases since may while the head of france's health ministry said the situation is worsening that has some folks concerned about what it means for the economy there. melissa? >> a story market investors are watching closely the stalemate over another pandemic relief bill is likely to remain until september. lawmakers won't return unless they strike an agreement larry kudlow said the democrats have asked for too much money. house speaker nancy pelosi described them as miles apart in values the market chugged higher, joe >> i was thinking about that normally we don't want them to do much, you know what i mean? leave, go ahead. this i

>>> good morning, welcome to squawk box on cnbc i'm andrew ross sorkin along with joe kernan. nice to see you. >> good to see you. >> just the two of us. >> a lot happened last week. i am an adopted son of new jersey. >> a lot happened. >> a lot happened. i heard about it i didn't watch much. i watched so much that i had very little time to do anything else did you like the shore okay? do you have a new viewpoint? >> the kids had a ball we loved it. jersey was great the people of jersey were great to us. the water by the way -- the water is -- i mean, the ocean beautiful. drinking water in jersey still is probably my only complaint. i have to go brita or bottled. but i got this tattoo which i know that you guys showed off last week. i got a lot of neosporin on it right now. just to keep the bacteria, that's what they say you're supposed to do but at some point we'll show it off and do the grand reveal. >> they asked me if we wanted to show it and i said no he never liked it on twitter and i'm not sure that he really liked it so you brought it up. i wasn't going to bring it up.

i'm joe kernen along with andrew ross sorkin and melissa lee.s off today we've got a great lineup this hour andrew, you're going to kick things off this morning. >> okay. we want to take a quick check on futures quickly before we get to our guest. take a look at where the s&p stands right now looks like it will open off 7 points we keep talking about it flirting with an all-time high dow off 30 points. nasdaq off 21 points 2 1/2 hours before we open meantime, we are entering day six since congress called off virus aid negotiations with steve mnuchin and mcconnell still urging both sides to come together joining us is jack lew he served as treasury secretary, chief of staff to president obama. mr. secretary, thank you for joining us i want to know if you were in charge right now how you would get everybody in a room and get a deal done. >> good morning, andrew. it's good to be with you i have to tell you that we're in a moment of crisis and the stalemate is playing with fire as jim tank said in your last half hour, we learned in the great recessi

. >>> good morning welcome to "squawk box" here i'm andrew ross sorkin with joe kernen and melissa leeoff we are back on record watch. briefly trading above the record closing high finishing more than six points away. take a look at futures this hour we'll show you how things stand. a lot can happen the nasda

happy friday i'm becky quick with andrew ross sorkin and scott joe is out on vacation the nasdaq closed 11,000 for the first time ever. wasn't jus

i'm andrew ross sorkin along with joe kernen.s today becky is off the dough looks like it would drop about 60 points at the open s&p 500 looking to open a little higher right now we should also take a quick look at treasury yields this morn

i'm melissa lee with andrew ross sorkin and mike santoli. these gains holding on higher.to add 169 points the nasdaq looking higher by about 23 points. the focus again on the 10-year yield. we hit the highest level since june

. >>> good morning welcome to "squawk box" here i'm andrew ross sorkin and joe kernen and melis

i'm becky quick with andrew ross sorkin with scott wopner joe is off >> it is good to be back in theat the nasdaq my first sojourn to return we had an incident i was up in connecticut. we lost power and internet trees downed on both streets

i'm becky quick along with andrew ross sorkin congratulations. you have once made it to the camera before joe has. >> this is true. the benefits of not having to commute. we should explain. >> joe had some car trouble on the way here flat tire. he is on the squawk news line. what happened? >> flat tire first day back with my driver. we are on 78 which leads to the new jersey turn pike which is where andrew was the other day we are getting close to the lincoln tunnel i had to wait and have another driver pick me up. that worked. the only problem was we got a flat in the express lane we had to pull over on the median with semis going by on both sides the whole car was shaking. i was like, okay, i'll never be there again. >> so i take it, you changed the tire >> i could have. the first thing i did was say, look, you've got to go over that median and get over to the right. that's just asking for a problem. >> seriously dangerous >> at 6:30, i will be there at 6:20 there might be a correction coming you guys can explain to me honeywell? i thought it a

i'm andrew ross sorkin along with joe kernen. melissa lee is with us today becky is off the dough looks like it would drop about 60 points at the open s&p 500 looking to open a little higher right now we should also take a quick look at treasury yields this morning and see where they stand creeping up. over the seven handle at .713. we'll see what kind of core relation that may have with the equities market. melissa, welcome to the club this morning >> it is great to be here and start the morning with you guys. >> i say that with a hint of sa sarkasm. >> she's a regular you are ready to play. >> always, you got to bring it each time. >> no i in team. >> there's only a me upgrading laura overnight and learned it is rapidly intensifying and bracing for great winds. a category 4 with winds of 130 miles an hour. more than half a million people have been ordered to evacuate from these areas 84% of off shore gulf production has been shut in compared to 90% in katrina not only is this having an impact on oil productions and industries f

i'm becky quick along with andrew ross sorkin congratulations.it to the camera before joe has. >> this is true. the benefits of not having to commute. we should explain. >> joe had some car troubl

i'll restart netflix, disney i'll be honest, you know, even in the sorkin household, we're starting touff to find we're now really looking around to find stuff we haven't watched before. >> i think what you're pointing to is constant new original. netflix with a budget that is so much bigger than disney and everybody else's has been able to continually push out more and more it's not just about how many subs you get at first. disney did a wonderful job of getting that 50 million sub mark i think what the next metric is that everybody's going to be looking at on this earnings call in particular is what was churned? what was engagement? how many hours were people watching that's what really gives you pricing power, that combination of very low churn and very high engagement and it's very unclear obviously even though they have a wonderful library of product that without new production coming out amazingly netflix had incredibly low churn in the eu. the expectation was churn was going to spike as people went back to their normal lives if the eu is any indication of what's going on here ne

happy friday i'm becky quick with andrew ross sorkin and scott joe is out on vacation the nasdaq closed above 11,000 for the first time ever. wasn't just a slight step over it is the 32nd time this year the nasdaq has set a record close again. this morning, we are looking at a negative picture this morning, you are looking at red ar owes. s&p indicated down by about 16 points everybody is waiting to see. at least right now, 10-year looks like it is narrowing to 2.5% jobs friday today. forecasters will expect payroll to climb 1.48 million after june gains shattered expectations a huge number this time around unemployment is expected to drop 10.6% from 11.1% from june we'll take you through 8:30 a.m. when those numbers actually hit. >> news breaking this morning for those of us in new york city who woke up and thought what just happened. con edison investigating wide-spread outages. as an upper westsider, no power there. >> you lost power? >> a true black out. we are in 2020, what could go wrong? i looked around and thought, it is so dark what is going on is the nasdaq going to have power

>>> good morning, welcome back to "squawk box" here on cnbc i'm joe kernin along with andrew ross sorkina, we didn't have to say good-bye yesterday >> until tomorrow pop. >> until tomorrow. >> see you later >> u.s. equity futures at this hour are nixed -- wow, that screen again the dow indicating down 50 points in the s&p. off by two but more records could be in the works. nobody knows andrew >>> meantime, some breaking news on hurricane laura officially making landfall overnight. that storm slamming into louisiana near the texas border as a category 4 storm, before weakening to a cat 3 maximum sustained winds are close to 129 miles per hour. the storm making its way inland as officials warn from the devastation stemming from the storm. in the area of nearly half of the world's oil making capacity. we've been watches wti crude, 43.24. >>> fed officials and bankers will gather for the first ever jackson wholesomet which kicks off today. chair powell about to give a speech in a few hours. an joining us now for that is jason turner, chairman of strategics research parter ins jason, good to

. >>> good morning, welcome to squawk box on cnbc i'm andrew ross sorkin along with joe kernan.>> good to see you. >> just the two of us. >> a lot happened last week. i am an adopted son of new jersey. >> a lot happened. >> a lot happened. i heard about it i didn't watch much. i watched so much that i had very little time to do anything else did you like the shore okay? do y

good morning, everybody welcome to squawk box here on cnbc i'm becky quick along with andrew ross sorkinoe is out today but we're thrilled to have you with us how are you doing? >> i'm doing well. it's good to be with you this morning. thank you for having me. welcome to the gang. >> let's check out the

i'm andrew ross sorkin along with joe kernen. becky is off today welcome back, joe. had a great time off. >> thank you thank you. >> i've been off the last two days we had a little bit of electricity problems, you may have heard about, on the east coast up here. we've been down for a couple of days very nice. >> you had the hurricane, right? >> in your own studio as well. you're looking good. >> yeah. >> wel

i'm becky quick with andrew ross sorkin with scott wopner joe is off >> it is good to be back in the city at the nasdaq my first sojourn to return we had an incident i was up in connecticut. we lost power and internet trees downed on both streets i couldn't even leave. there was an endeavor to get to the city yesterday but we were landlocked yesterday, drove into the city under the trees. it was a little scarey we are back and it is nice to be here it feels like home >> good to have you back, andrew this is the situation that we probably haven't given focus it deserves still millions without power 1.4 million in new jersey without power. i know connecticut was hit worse. that storm even though a tropical storm, not a hurricane, stronger than anticipated. the wind event and damage significant. >> i appreciate it >> still trying to dig out from that today a lot of people that will be without power for days starting with the markets this morning. the nasdaq on another record six straight games it closed just below 11,000. just north of 10,998 you'll see this morning, us equity futures a

and then david sorkin is a jazz fanatics so we brought out the strings we have just received.nd then the curator, who was so good, he knew opera and jazz, and he sang. he had the chicken salad thing and all that, it was nice. [laughter] the curator had a piece by a man known for jazz and merged the two types of music, because jelly roll morton dead and opera or something, so he just slid right into that. now, david, and i think that we can reveal this, wanted to get the card of the curator of a. a. i had to talk to the guy afterwards. it's a lot of fun. >> we are doing the next one. the pressure is on about what are we going to show you. >> women's suffrage is coming up and he had a lot of things. we were giving an exhibit and we even talked about it and mentioned you had some pretty cool things. his book on the right brothers was based on that and then got model plane so we are looking to see what are some of the things that we have that each of us can bring to gather for special exhibits to put things when one is having an exhibit and event to put it into our own institution

good morning, everybody welcome to squawk box here on cnbc i'm becky quick along with andrew ross sorkin joe is out today but we're thrilled to have you with us how are you doing? >> i'm doing well. it's good to be with you this morning. thank you for having me. welcome to the gang. >> let's check out the u.s. equity futures at this hour just to get things started off. the dow is down by 17 points but the s&p and the nasdaq is there. nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2.4% for the month. the s&p saw it's best july by ten years. it was up by 5.5%. that's nothing compared to the nasdaq today is the first trade ding d of august. that's out at 10:00 a.m. eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten year closing at its lowest level since all the way back to march 9th. right now it is a little bit higher 0.546% >> stimulus talks in congress. trump administrations officials and house speaker nancy pelosi are set to resume negotiations today on their compet

i'm melissa lee with andrew ross sorkin and mike santoli. these gains holding on higher. the dow is looking to add 169 points the nasdaq looking higher by about 23 points. the focus again on the 10-year yield. we hit the highest level since june 10. 7.44%. as you noted before the yield curve. steepening and a rally in the financials >> you mentioned that june 10 was the high that was the day where the markets had their maximum enthusiasm about the strength of the recovery and how fast it would be that was the peak where the come back of value and cyclical sectors. that seems to be the dynamic and the push for which stocks were preferred and the market seven days in a row of records is not to be dismissed guys >> the intraday record high in this session and we'll have to see if this continues? >> yesterday's high is around 3,500. >> coming up, we'll talk about the abrupt halt to the sport's world. we ha we have fed presidents and the interim ceo of tiktok. >> what a story it has been and a soap opera all week long we are learning more in the details in the sale of tiktok a

andrew sorkin, every day, right, we come in here. >> every day. >> how do you know how do you know what it's going to be? we really do need to keep an open mind and be ready to talk about anything, i think, which we do anyway. >> we do that we do. >> good to be here. >> see you tomorrow, my friend. >> we'll see you "squawk on the street" is next ♪ >> good thursday morning, welcome to "squawk on the street." i'm carl quintanilla with jim cramer and david faber we are moments away from the fed chair speaking to the jackson hole symposium conducted virtually, one of the most important speeches of the quarter, maybe the year, and we will bring it to you live. there is a look at the fooed they're giving us in the meantime futures are flat, q2 gdp revised slightly higher, claims although above a million edged down week on week and oil close to a five-month high on hurricane laura. jim, one of those every now and then we get a day that is truly consequential and that certainly fits at least the expectations for powell's speech. >> i wish that we hadn't come in so hot when you have a company th

the one vice he admitted for the sorkin family was sparkling water. >> i saw that. >> not the white fanning sparkling water. white claw, white fang >> that was a good book. >> i have two german sheppards i love those animals >> white fang was the wolf >> german sheppards are as close to wolves. believe me if i start howling, within two seconds, we'll do it together. >> i dare you. >> i may do that we are a pack. >> kamala harris making history becoming the first black woman to become a major party's vice presidential nominee we'll show you the highlights and potential impact on your money. futures are town 69 points we like to say batten down the hatches. as we head to break, looking at yesterday's s&p 500 winners and losers experience the adventure of a bigger world in a highly capable lexus suv at the golden opportunity sales event. lease the 2020 rx 350 for $419 a month for 36 months. experience amazing. at your lexus dealer. eit's the simple joy of washing your hands,. without ever touching a faucet. it's the little things that matter. that's why we create moments to feel kohler clean,