senator steve gaines of montana tweeted that he has confidence that is secretary of energy governor rick perry will work to make our

the us—led coalition says iraqi forces confronting islamic state militants in mosul are gaining momentum. general steveo—ordination, at first. he said he'd been "greatly concerned" by what he called the army's daunting number of casualties. the iraqi government predicted it would win the battle by new year, but it's still not re—captured even half the city. a commuter train derailed during the morning rush hour in new york, injuring more than 100 people. the long island railroad train went off the tracks as it arrived at the atlantic terminal in brooklyn. the fire department says the injuries were not life—threatening. a court in south carolina has begun a hearing to decide whether the white supremacist, dylann roof, should receive the death penalty for the murder of nine black churchgoers in charleston in 2015. last month he was found guilty of all 33 hate charges against him. sarah corker reports. prosecutors say mass murderer dylann roof has shown no remorse for a racially motivated attack that shocked the us. at charleston court house, a jury will now decide if he should be executed or sentenced to

the us—led coalition says iraqi forces confronting islamic state militants in mosul are gaining momentum. general steveaid he'd been "greatly concerned" by what he called the army's daunting number of casualties. the iraqi government predicted it would win the battle by new year, but it's still not re—captured even half the city. a commuter train derailed during the morning rush hour in new york, injuring more than 100 people. the long island railroad train went off the tracks as it arrived at the atlantic terminal in brooklyn. the fire department says the injuries were not life—threatening. the german prosecutor's office has confirmed the detention of a second tunisian suspect in connection with the attack on a berlin christmas market, which left twelve people dead. officials say the man had dinner and talked intensively with the killer, anis amri, at a restaurant in berlin on the evening before the attack. a court in south carolina has begun a hearing to decide whether the white supremacist, dylann roof, should receive the death penalty for the murder of nine black churchgoers in charleston in 2015.

. >> reporter: even before gaining a seat on the n.s.c., steve bannon was one of the most powerful people in the white house. it's a breathtaking rise for someone whose job before joining the trump campaign was c.e.o. of breitbart news, an ultra conservative and highly controversial web site. jonathan greenblatt is c.e.o. of the anti-defamation league. >> he positioned the web site as " the platform for the alt righ" as a host pi misogynist, racist, islam phobic propaganda. r campaign mr. trump appeared with bannon on breitbart radio. >> i do like breitbart. and breitbart is legit, 100% legit. >> reporter: breitbart became popular with white national itself, but the white house denies bannon is promoting that ideology now. bannon served in the navy, attended harvard business school and worked in investment banking, but he became a harsh critic of what he described as the wall street crisis in 2010. >> unlike the manufactured crises of global warming and health care, this is a true crisis. >> reporter: he has little experience in foreign policy. ari fleisher, press secretary to pres

the dollar, after coming off a little bit off steve mnuchin's comments, starting to gain back the strength that have lost. guy: absolutely, let the show you on the gmm. the british pound is the big loser. this is advance of the supreme court ruling, which comes through at 9:30. as matt says, more to do with what's happening with the dollar. they got hit a bit yesterday, and now beginning to come back. this morning it is down but it is starting to rise. the yen is down as well. the aussie dollar, frenc danish krone, all being driven by what happens in the foreign exchange market and the treasury market. that it is definitely a dollar story. that is the key theme at the moment. let's get the first word news update with juliette saly. juliette: guy, thank you. donald has pulled the u.s. from the transpacific partnership i executive order. -- by executive order. contact with canada and mexico, but action is still in the works. the president also about a "major border tax" on companies that move jobs outside the u.s., and said he would cut regulations by 75%. treasury secretary nominee steve an

gained by drew miller. pass ahead here for steve ott all the way across. picked off by matt hunwick. out to center ice.ser coming back. icing is called here with 7:20 left. >> pierre: johnny, you just look at this. cream of the crop for nhl rookies. look at that. auston matthews. mitch marner. william nylander. i mean, and the hits keep coming. we don't even have connor brown on there. we don't even have zach hyman on there. >> john: right. >> pierre: i mean, it's just -- this team in toronto is poised to explode and they are going to make a very real serious push to be a playoff team in the eastern conference. >> john: that's why part of this story line, this great story line tonight is all about the past and you can't get any richer than the environment here. but it is so much about their future with toronto. the city is absolutely excited. three goals in 3:42. frans nielsen in control. detroit attempting to make a push now. kronwall. through center. nielsen, moving up by nylander. off the stick. gathered in by thomas vanek. down the wall he goes. weak side. there's brendan smith. hard time with it.

gained by drew miller. pass ahead here for steve ott all the way across. picked off by matt hunwick. out to center ice.ser coming back. icing is called here with 7:20 left. >> pierre: johnny, you just look at this. cream of the crop for nhl rookies. look at that. auston matthews. mitch marner. william nylander. i mean, and the hits keep coming. we don't even have connor brown on there. we don't even have zach hyman on there. >> john: right. >> pierre: i mean, it's just -- this team in toronto is poised to explode and they are going to make a very real serious push to be a playoff team in the eastern conference. >> john: that's why part of this line tonight is all about the past and you can't get any richer than the environment here. but it is so much about their future with toronto. the city is absolutely excited. three goals in 3:42. frans nielsen in control. detroit attempting to make a push now. kronwall. through center. nielsen, moving up by nylander. off the stick. gathered in by thomas vanek. down the wall he goes. weak side. there's brendan smith. hard time with it. a chance, andersen said no. n

. >> reporter: even before gaining a seat on the nsc, steve bannon was one of the most powerful people in the white house. it's a breathtaking rise for someone whose job before joining the trump campaign was ceo of breitbart news, an ultra conservative and highly controversial web site. jonathan greenblatt is ceo of the anti-defamation league. >> he positioned the web site as "the platform for the alt right" as a host for misogynist, racist, islamophobic propaganda. >> reporter: during the campaign mr. trump appeared with bannon on breitbart radio. >> i do like breitbart. and breitbart is legit, 100% legit. >> reporter: breitbart became popular with white nationalists, but the white e ideology now. bannon served in the navy, attended harvard business school and worked in investment banking, but he became a harsh critic of what he described as the wall street crisis in 2010. >> unlike the manufactured crises of global warming and health care, this is a true crisis. >> reporter: he has little experience in foreign policy. ari fleisher, press secretary to president george w. bush, says bu

steve: what. >> officials arresting three people who reportedly gained access from the house from someoneng drug deals nearby. we are not talking small bags here. police say they were running a large scale drug operation all headquartered at the shrivers summer home. the residence is owned by members of the shriver family who are related by marriage to the kennedy family and within walking disafns the kennedy compound. residents of the quiet community they also had no idea. >> it's shocking. very quiet area down here. not a lot of people. especially in the winter. abby: fentanyl extremely strong pain medication. 50 times more powerful than heroin and tied to increase in overdose deaths. the trio now facing various charges including possession trafficking and attempting to destroy evidence. they are all being held on $100,000 bail. police later arrested the caretaker of the home but so far there is no evidence that the shriver family knew anything about this. something investigators will obviously be trying to verify. also how long has this been going on, brian? who knows? ainsley: wonder

nicole: the dollars sitting around takes a close yesterday i spent gaining this morning despite the fact that steve mnuchin said it's too strong, much like what we heard from president trump. we see the, u.k. pound, japanese yen weaker this morning. lauren: the yield stands at 2.14%. nicole: donald trump starts to take action on border security. >> is doing everything he can to direct agencies and congress to commence the work as soon as possible. nicole: you are watching "fbn:am," your first look at morning markets and breaking news. introducing conduent. one of the largest business process companies in the world. whether it's in health care, customer care, technology, transportation or government. we touch millions of lives every day. conduent. advancing the everyday. juswho own them,ople every business is different. but every one of those businesses will need legal help as they age and grow. whether it be help starting your business, vendor contracts or employment agreements. legalzoom's network of attorneys can help you every step of the way so you can focus on what you do. we'll handle the leg

steve? >> invideo lost about 20%. it's technology, artificial intelligence, it is everywhere you want to be. gainsocessing, cars, homes. >> over the next ten years, on our electric gridering with won't have as much carbon. who will benefit? tesla. >> regis' pick. >> karen is not here. pete is not here. they're all part of this obviously as well. you're the best. the crew back home is the best. amazon. >> by the way, a shout out to maurice who put that together. that's it for "fast money." thank you for helping us celebrate ten years all this week. back here tuesday at 5:00 to start the next decade of the show. see you then. to sbr! >>> the guys are getting ready behind me. >> the money is coming your way, you don't ask any questions. >> the money is definitely coming into netflix. if you missed the move, we'll tell you how you can profit next week. >> we're out of gas. >> that's what traders are saying about the run to the banks. and there's one name in particular that can come into the cross hairs next week. we'll explain. and -- it's the one dow sck

gains and more. >> working noting, brian, steve schwarzman, chairman and ceo of blackstone, also leading the president's policy forum, called this morning, there is a good deal of anxiety, both inside and outside the country. around potential changes in u.s. policy, major changes under way, though, are designed to create significantly higher gdp growth in the country. he says it's not unreasonable to think there would be a lot of fundamental pro business reform. if we still have john harwood, though, a lot of the official activity from the administration has come in the form of executive orders and memoranda, not unlike previous administrations. but it's up to lawmakers and federal agencies to implement them. how much will that play into the conversation today in philly? >> oh, that's the dominant part of the conversation. look, anything you do, whether it's building a wall and financing that wall, whether it is passing tax reform, replacing obamacare, you can't do it by executive order. >> all right, john harwood, we'll have you on standby as the president is landing in philly. that does it for us on "

steve: yes. that kid is -- that kid's my favorite. >> jimmy: this next one is from facebook. shawn aucoin says, "my new year's resolution is to help all my friends gaininnier." oh, that's good. [ laughter and applause ] >> steve: you want these donuts? >> jimmy: of course. why not? >> steve: yeah, i'm not going to eat these donuts. you want one? >> jimmy: yeah. what do you mean "free pizza?" [ light laughter ] this last ones from @lschauf5, she says, "i promised to stop honking at people while driving, so now i clap instead. if you see me applauding you, it means you messed up." [ laughter and applause ] there you go. those are "tonight show" hashtags. to check out more of our favorites, go to tonightshow.com/hashtags. stick around, we'll be right back with more of "the tonight show", everybody. [ cheers and applause ] ♪ (jon) are you seriously doing your taxes? with turbotax? (writer) uh, yeah. it's free to file. (jon) no, it isn't. not if you itemize your deductions. unlike turbotax, h&r block more zero lets you file (writer) why do you know that? (jon) why do you not know that? also, does anyone know if that smoke is toxic? i just feel really itch

. >> that's right, steve, they did kick off the new year with gains with triple digit gains.limbing 119 points. and the nasdaq higher by 46 points. health care stocks start at 2017 on a brighter note as well after sitting out of last year's rally. bank and tech stocks also in the black in today's session. tesla softener after hours trade after missing the full year of delivery target. that's your cnbc business news update. down came the rain and clogged the gutter system creating a leak in the roof. luckily the spider recently had geico help him with homeowners insurance. water completely destroyed his swedish foam mattress. he got full replacement and now owns the sleep number bed. his sleep number setting is 25. call geico and see how much you could save on homeowners insurance. it's my decision ito make auty lasfix. roc® retinol, started visibly reducing my fine lines and wrinkles in one week. and the longer i use it, the better it works. retinol correxion® from roc. methods, not miracles.™ for over 100 years like kraft has,cious natural cheese you learn a lot about people

steve bernstein says. daimler rallying to a one-year high. the cost of options wagering on more gainsas rallies have not seen in more than two years after call trading surged to a high since 2008 and technical as high asy climb 77.58 euros. let's get to julie. julie: things looking up over here, averages higher and building early gains, the nasdaq is the outperform up a quarter of 1%. does not seem there was a specific catalyst to drive stocks higher but telecoms and financials and industrials leading some gains. lower, interesting divergence, sometimes they move in tandem but that not happening at the moment and crude oil falling off below a $52. bloomberg news has reported that even though iraq is saying it has reduced oil production, some of its loading data might suggest otherwise, suggesting the exports are actually set to increase next month. this rages -- raises questions about the credibility of these cuts by some opec nations, iraq and particular. that is what is behind the line and oil prices. -- decline in oil prices. outperformance among transportation stocks. we have airl

gains for the dow up 64 points. things are looking good though,, looking like we'll have a higher open. happy birthday to the iphone. the late steve jobs unveiled the first iphone a decade ago today. the device quickly took off and started the smart phone age. can you imagine your life without one? >> happening today opening statements begin in the trial linked to the mengt outbreak in -- meningitis outbreak that killed 64 people. prosecutors say the pharmacy used expired ingredients and failed to follow hygiene standards. that led to tainted steroid injections which resulted in the deaths. haddon pleaded not guilty. >>> war of words as an award winning actress takes on president-elect trump. >> a man is in critical condition after shooting himself while inside a police car in handcuffs. we'll tell you more about that when we come right back. this. is. everything. honey bunches of oats. it's all of this, this, this, and this. it's the mother of all cereals. it's that, and that, and all of that. it's the most cerealriffic cereal. in all of history. yeah, it's that good. honey bunches of oats. this. is. everything. [ it'[ goat bleat

steve? don't you see where that growth continues to come from and the huge gains -- >> it follows the install base. now they're talking about -- now they're talking about funding original content like netflix. so they've been late to the party on everything. >> but they've always been late to the party and look at what that stock has done for the last ten years. they've always been late. as innovative as we like to think of apple of what they have done oftentimes they've been a copycat. >> i'm not a hater. i'm telling you the truth. >> the stock -- >> where have they innovated aside when -- >> as long as they do it bet sgher are who says they're doing it better? >> yeah. >> i don't know. how are many millions of iphone buyers. >> they're not going better. they have an eco system that people are buying in to. prices are coming down. lost share in china. share in india, 4% to 2%. so the new economies aren't buying on to it as much as the old economies. >> one big concern i have and -- >> there's scoffing going on on the desk right now. >> margins. okay? >> legitimate analysis and following of t

steve jobs announced that iphone. it went up 8.5%. by the end of the month it gave back those gains.e's the chart of apple back in 2007. look at this thing. by the time they released the phone in june the stock was almost almost 60%. by the end of the year it was up about 125%. that's astounding when you think about it. here's that move. it's make agnew 52 week high right now. i just want to take you here. this is what traders are looking at this air pocket january 31st. about 5% in either direction. >> ever wonder how guy adami stays in tiptop shape? i know i do. well the secret to his success can lead to gains in your portfolio when "fast money" returns. ni lkmeouh firpt oer po i fererey wealabucpelees. wewolecc myd. ticathkiike? fh dict., muoptiinwith in? wealabucpelees. at'ssp wertolkyouromue o n thod tho thkiike? fh dict., muoptiinwith in? wealabucpelees. wh, but haer rg tadirectv now. stream all your entertainment! anywhere! anytime! can we lose the 'all'. there's no cbs and we don't have a ton of sports. anywhere, any... let's lose the 'anywhere, anytime' too. you can't downlo

steve's habits but i'm working on it. >>> gas delivery apps. such as we fuel, yoshi, fuel panda are gaining popularity in the bay area. >> we know for a fact gary radnich has his bentley pumped up on one of these all the time. with a couple swipes of your phone you order a truck and get a fill up sitting there waiting and you save time from having to go to a gas station. but how much extra does it cost and is it safe? tech reporter gabe slate tried it out. >> reporter: next time the needle is on e instead of trying to figure out when you will work in a stop at the pump in your busy day you can pull out your phone with the app you enter your location, information and then choose a window of time for the fill up. you make sure your gas lid is unlocked. that's it. go about your day. the gas truck will come. it has a 50-foot hose so it can get in between parked cars and tight spaces. the truck is loaded with safety gear like a fire extinguisher and a spill recovery kit. and emergency shutoff button. >> our drivers go through over 100 hours of training. all hazmat certified. they all have specia

gain $10? it is more posturing. stevenator spend out against another one but jeff sessions should be attorney general. >> step back, this is senator elizabeth warren not truthful about her minority status which she got a job as law professor. she has a couple of nice houses. ben carson has experience in housing of youth. brian: donald trump called her pocohontas, has no native-american blood. >> that was bizarre scene in congress. ainsley: is she settings herself up to run for president? that is what people are saying why cory booker what he did. >> this is another attempt to go around ben carson and go after mr. trump, imply a conflict of interest. imply he will make a ton of money in housing and urban development programs. thereby discredit the incoming president. brian: during the campaign what a bad business man he was because he lost money in the0's. now they're saying how many difficult businesses he has could benefit from, we want him walking away from that which is it? >> good question. also raised in the hearing

says the fbi did not find -- steve: did find. >> excuse me did find hostile foreign actors successfully gainedted with whom clinton was in regular contact, in doing so obtained emails sent to or received by clinton on her personal account. confirming that emails from hillary clinton were accessed by foreign governments. steve: that is how they got in. why it hit the fan is john podesta's password was password and julian assange said, a 14-year-old could have hacked into it. the russians did, maybe? don't know. >> democrats are blaming donald trump for this saying that he won because russia was able to hack in, yet his password is password. who is to blame there? >> exactly. trump is pushing back, there is something to the fact that clearly dnc and democrats were reckless and careless and private serve verse and passwords of password and clicking on phishing emails. doesn't mean russia is not nefarious and trying to change things. democrats are vulnerable and gave information away to foreign government. >> james comey chose not to indict. loretta lynch agreed with that the pages are being relea

gaining momentum with owners. certainly, there is no public opposition to the possible move. in fact, steve jones, the son of jerry jones, owner of the dallas cowboys, and steve jones is the ceo of that team and he says it seems like a doable thing to him but he wants to be able to research it a little bit more and, of course, robert kraft, he may be considered the most elite of all owners with the patriots was quoted as saying, i think it's a good possibility. so you're not hearing any vocal lack of support for a move, but, you know, i still think and it's pretty obvious too that we're a ways away from having any situation finalized and i think there's going to be a big hurdle for mark davis once he -- let's say he does get approval. he has to have 24 votes to get that. let's say he does. he still has to deal with why this casino mogul adelson, sheldon addleson, however it's pronounced, is giving him all this money. does he want a piece of the team? he's been quoted as saying, basically, i hope mark davis knows he's going to be just a tenant of mine and this deal isn't do or die for me. >>

gains. it's only that i care about the inner cities. >> so, you know -- you know, if steve harvey would saywanted to have a seat at the table, eugene, and then he gets babb lash from his own community, you are damn daed ifu do, damned if you don't. >> i think a bigger concern of the criticism was that if steve harvey, people like ben carson, if people like omarosa are truly invested in usualan policy issues they would recognize their people more equipped to deal with these issues. people were hoping they would get some experts and people who have experience in issues affecting black americans to meet with donald trump. >> it is a important conversation to have especially as we move into the next chapter in our country's history. thank you gentlemen. >>> coming up next, secretary of state john kerry sits down for an exclusive interview with cnn's christiane amanpour. hear why he called president-elect transfer's comments to foreign journalists in a word, inappropriate. wis that they contourt tempur-peto your body.s... it keeps us comfortable and asleep at night. start the new year off right

gain. the rebound right here. so we're going to the extra session. in the extra period, columbus with two on one, and nick, would end it. right there. beating stevelumbus wins, two-one, the flyers, have now lost eight of ten, and they play buffalo on tuesday night. the nfl playoffs, day two of wild-card weekend was a blow out. in the nfc, it was aaron rogers and the greenbay packers against eli mangan the giants. second quarter giant have six-point lead. greenbay threatening, rogers drop back to the wall, to the shuffle. dances around, adams, for 5-yard score. unbelievable vision by rogers. the packers are up. last play of the half. everybody at lambeau field knows what's happening. little maryann does work, unbelievable. randall cobb, 42-yard touchdown, packers, beat the giants, easily, 38-13, they will be in dallas on sunday. it was so cold for the dauphins-steelers game the referee had to use the hot air blower to de frost the whistle. the colds meant nothing to the steelers though, in control from the start, first possession, ben rot list bing erring to that man, antonio brown, at the 50-yard score. big ben, antonio brown, hooking up again on

that's including gains in the uk and in china. ceo steverbrook notes changes in its mean yu and technology delivered a better experience to the customer helping the company achieve its strongest annual global comp growth since 2011, although the debate rages this morning. we talked about it with jim about whether breakfast has lost its mojo, lost its novelty, can it continue to drive growth a year after it's unveiling? >> that's certainly how they explain the negative comp store growth that there was a year or two left, that's going to be the focus of the call that kicks off in about a half hour. how does mcdonald's get u.s. sales trends positive in 2017. david palmer of rbc put out a note saying food deflation will ease, so that grocery competition will ease. they're focused on the core burger category, the big mac trio, and other, you know, measures of consumer confidence are higher and that should help. but that's going to be the key after pretty impressive international comp. >> yeah, worst performing dow stock this morning. by the way

gained. let's get back to our top story, british prime minister theresa may will signal plans to quit the eu single market, sending the pound below 1.20. steve parity could be in the cards. ftse has set the concentration and export orientated companies, a weaker pound is good news, and that's hittingftse has been successive highs over the last couple of months, and that will probably continue as a consequence. of 1.110 is not unlikely, and we could be looking at parity by year in if the worst fears are realized. yousef: baron assets management is not convinced that will fall that far, saying geopolitical imagination will keep the currency away from parity. will try to find some other trading partners, and the u.k. is trying to get closer to the u.s., because in the new world order, the u.s. will find new friends and new enemies, so the u.k. is trying to come closer to the u.s. as a trading partner, and the u.s. is quite on, so i think that parity the pound, i think that is too pessimistic. shery: at the asian financial them, klaus regling said u.k. is set to be the big economic loser from brexit, but the eu will also pay a price. in the long

steve: yeah. >> and i may be losing some but the ones i'm gaining i'm really happy about. ing to be watching. u going to be right over there at noon. jackie, thank you so much. and good luck. ainsley: what a beautiful voice you have. >> thank you. brian: more fox and friends in just a moment. don't go anywhere. we're in washington. >> this is the longest i've ever waved. >> the next time we're on the air is the inauguration of donald trump. >> bill: thank you, guys, our coverage continues. good morning from washington we're just one day away. tomorrow donald trump is sworn is as the 45th president of the united states and final presentations as the trump administration are put into place. a big welcome across the street from the white house. we have a great location here in lafayette park. you're back home. >> shannon: i'm shannon bream in for martha maccallum. it is an action-packed day in d.c. president-elect trump and vice president-elect pence were busy last night and again today.

gained. he is showing no love for the devils. flyers tied at 1, final minute of the second, the break away, oh, no, scores, flyers down 3-1. steve b steve mason comes in. flyers lose 4-1. they drop 1 of 15, ouch, good night, bad hockey. >> we played a solid first period after that we didn't play the way we want to. >> it's hard if we want to rest on confidence sagging that's the wrong answer. our answer is pull together, dig in and get back to work. >> reporter: they will back to work tonight against the islanders. >>> college hoops first game and the number one ranking villanova has rebounded, five straight wins and reclaimed the number one ranking in the county. villanova never lost a game when josh hart scores 21 points. hart finishes with 25. chris jenkins looks good, 3 of his 19. nova wins 78-48. number one in the owe 78-68. st. joes playing their game at the palestra, the home team against penn in the big five battle. back come the hawks, st. joes wins 78-71, ending their three-game losing streak. don't forget, nfc, afc championship later today. >> another half-hour of "action news" straight ahead. >>> hundreds of thousand

steve. stocks close mostly higher. boosted by strong quarterly earnings the dow sliding five points, with the s&p up by four and the nasdaq gainingoints to a brand new record. that's it from cnbc first in business worldwide. american express open cards can help you take on a new job, or fill a big order or expand your office and take on whatever comes next. find out how american express cards and services can help prepare you for growth at open.com. to you have to feelhy healthy at your core. find out how american express cards and services trubiotics a probiotic from one a day. naturally helps support both your digestive and immune health. feel a difference in two weeks or your money back. take the trubiotics 2 week challenge. for over 100 years like kraft has,cious natural cheese you learn a lot about people's tastes. honey, what do you want for dinner tonight? oh, whatever you're making. cheesy chipotle pork quesadillas? mmmm... ravioli lasagna bake? yeah, i don't know... grilled white chicken... grab something rich, sharp and creamy. triple cheddar stuffed sliders. sold! we aim to cheese! kraft natural cheese: we make cheese

gain of one point, 75%, dollar versus euro. i'm kind of wrangling on here, there's not -- ashley: never ramble. i'm at the edge of my seat. steve, i was reading your notes, i love it, for you the most exciting fed news is the fact that the fed is no longer such big news. get out of the way and let the economy take over and let's get back to fundamentals, based on what peter barnes said, it does seem hawkish and may have to raise rates. >> right, when they say that they are news they can normalize, we are not going to be stuck in this endless world, listen, when i hear this report, i think this is just man up from heaven. we can finally get back to a real economy. let's talk about company earnings, gdp, individual earnings, let's stop talking about the nonsense of real bank accommodation, i think that by the way, my guy donald trump deserves credit and the fed will never give him credit, the fact that they were able to raise credits and global markets have been doing fantastically and they have the confidence to do so into 2017 i think donald trump through his policies and also through his rhetoric and comments is going to usher

steve, here we go. what do you make, first of all, as kelly mentioned, we have big gains overseas overnight and this mornings and we seem to stop that rally after the first hour. >> it's more to do if you watch the dow and the dollar and you watch the ten year on a year to year basis. that's where we stopped in our tracks, when oil reversed. when oil started to come in. oil is that global growth. it won't get much higher than this. it's going to be rampant. it's bullish. >> that's right. your previous guest i think was using the 20% up is a bull market, 20% down is a bear market, but secular bull markets like the 1949 to 1966 incorporate a multiple number of years. the '82 to 2000 bull market, we're into a secular bull market. you have another seven or eight years. >> rick, of more short term, the dollar took off. we've pulled back. what are your expectations? you're expecting the dollar to continue its gains. what about in the near term? >> the near term is going to be pretty much like the last week and a half has been. today we have stocks up, dollar up, rates up. they're just not up as much as they were i

gain winning field goal. rodgers says a lot of the late game magic comes from growing up a 49ers fan. >> it is like growing up in the street. you are playing joe montana and steverow in a john taylor, brent jones and making it up as you go and trusting those guys are, you know, going to be on the same page. the beauty is that it is never out and out street ball. it is rooted in concepts we know and run. >> everybody believes the packers will go into atlanta and upset the falcons. that would free up kyle shanahan for the 49ers earlier than if they went to the super bowl. we'll see how it works out. abc7 sports brought to you by toyota one. warriors note, they were planning to fly because road trip continues in orlando. stuck in houston so they're going to wait it out and fly tomorrow. >> thanks, larry. coming up tonight on "abc 7 news" at 11:00, live in hollister where people had to evacuate again because of flooding and more storms on the way. >>> we will be live in washington d.c. as we enter a new era of american history. dan ashley talked to californians who bucked the bay area's liberal trend. hear what they're optimistic about. join us for "abc 7 news" at

gain in the stock market. add your 2% dividends, a 7% return. not piling into shares like lack of better options like they have for the recent years. david: steveer hand what donald trump claims to be able to do a 3 or 4% gdp growth rate would be double what we've had the last couple of years. the market can't ignore that. the market has to rise. but at least as strongly as it's been rising for the past year; right? >> well, the key thing is how quickly do they move forward with these big tax cuts and removing the burden of obamacare, especially on small businesses. getting these things done in washington, getting confirmations done, it's going to be a very difficult thing. you saw this with ronald reagan. took over a year and a half before his boom hit. david: but didn't we learn from that, steve, you shouldn't compromise. particularly if you have a republican congress, just bull ahead full speed ahead and don't look back. >> yeah. some people are hard to educate, you have some people in the house and senate talking about let's do it later in the year. let's be deliberate about it. we can't think about it too much. they get timid and trump has

steve engle's there. let's get you the latest business flash headlines. , huge week last week, just giving back some stellar gainsafter bids. the troubled airbag maker agreeing to pay $1 billion in an investigation leading to at least 17 deaths. it should remove any barrier for the company sale. dalian wanda sales down 14%, due to a slump in the company's property business. wang has been acquiring hollywood assets to diversify from real estate. he is looking to list his internet financing division by 2020. nintendo's latest gaming console continues to weigh on shares, the switch. it did disappoint investors because of a higher than expected price tag, making it more expensive than rival devices. they say they are unconvinced it will replicate the success of , despite having wireless controllers that can be used anywhere. the martin luther king jr. holiday providing contrasting results for two of hollywood's biggest studios. hidden figures and first place .or a second week this after generating some $20 million in sales. ,ifferent story for paramount monster trucks flopping on its debut, opening and seventh place,

gains. citizens, jp morgan, keycorp among them. biotech, oil, metals and mining up more than 1%. busy hour ahead. rapid update on the economy. stevesman is here. >> what better to begin the new year than a rapid update? up above 2% for the fourth quarter, running just below it. q4 tracking 2.1%, average tracker, medium tracker for economists on the street. we'll show you some of thas their numbers in a minute. it is a come down from the stronger 3.5% we ran in the third quarter. put all four quarters together, averaging 2% for the full year. here is where folks are. atlanta fed is at the high side of this, 2.9%. hfe is at 2.3%, goldman sachs at 2.1% and morgan stanley has been the pessimist now at 1.6%. strong ism manufacturing number, strongest since 2014 and good data on employment in that number. construction spending, best number in ten years, especially two back-to-back good months on construction spending, maybe that's turning around. a lot more data to come this week, auto sales coming out looking for 17,7, down from the prior month but a strong rate. fed minutes. how much did they talk about the coming trump policies and h

this move indicates chief executive steve rowe, his moves to improve the popular line seems to be winning. shares dropping as much as 7.9%, the biggest gainklaces. predicted, but luxury and a rebound in watch sales at its own stores. it has been a bit of a struggle swissis downturn in the watch industry since the crisis cutting jobs and some of the to divisions. let's finish up with gold. after the biggest quarterly loss in 12 years, there are signs the worst may be over for gold. the client 13% since early 11-month falling to an low, gold has rebounded by 6.5%. francine: mark, thanks so much. 11-month for bond markets. he says it will be a periodlet'y guess says is a perfect storm of sustained losses. paul schmelzing is a visiting scholar at the bank of england, also at harvard. what does it mean for here? paul: if you look at 800 years of bond market history, when the yields are less than 140 basis , that marked the lowest rate ever in nearly 800 years for the risk-free rates. you have to go back to the times of the crusades to really find an equivalent cycle. the flipside of that, as you can imagine, is that the pressures are now very

gaining back power. so the road to tonight's forum began in earnest from the poignant analysis articulated in democracy in colors founder steve phillips book, brown is the new white. it said among other things and it challenged us to look at the power and the potential of the new american majority to lead the democratic party forward. the current president made raw appeals to white nationalism and steve is rightly stated unekwif caably the democrats lost because they did not know how to directly relate race. [ applause [ applause ] >> the fact is that people of color are 46% of the democratic party and those numbers will continue to go up and the reality calls for a new type of leadership and a new type of understanding of who the voters are and what they want in political leadership. steven his wife have been working on this nonstop calling for solutions in this increasing racially polarized climate. so tonight, we have a very unique opportunity to have an open conversation about how race impacts the path forward, like the great dr. reverend barber says, our task is to build a new language that pulls people together and expl

steve, e thank u students from across the unitede states will gather right here ii our nation's capitol for the presidential inaugurationugur leadership summit.le during this 5-day program summim scholars will gaind the the tradition surrounding the presidential inauguration.ugura. local teen logan russell wasll s septembered into the summit andm she joins us along with envision ceo duncan young.oung. welcome to the program. proam good morning.ni. >> thanks for having us. >> how -- what a wonderful way w to get young people involved in the political process.ce tell us about this movement. >> allison envision has beeniohe around for 30 years. it focuses helping students tott discover their passion, getet hands on experience in a careerr and most importantly for thishi program helping to equip themhe with the skills they need to t make an impact in the worldheld around them and to be a positivv force for change.. so every four years we bring bri together students in washingtoni d.c. around the inauguration tho first ever was in january of 1985 at the second inauguration of ronaldato reagan and these students are t going to comehe togseether to fi of all hear from speakers who have been great agent

gains in retail. transportation and warehousing up by 14.7. what's interesting is more and more holiday employment is now delivering stuff. that's a big part of it. >> what is amazing about what stevely we're asking questions about having enough workers. it's been eight years. we haven't been able to ask that question. >> i don't know the answer to this, but the household survey is a random 60,000 survey sample. i'm not sure exactly how the bls does it. they give you literature. i wonder -- and i'm just throwing this out there -- if that survey is even accurate. if anything we've learned in the past five years and more recently -- >> you're questioning the unemployment rate itself, not the job creation number. >> i've never heard of anybody that's been surveyed by the bls. is it by phone calls? is it by land lines? >> david, why are you saying come on? >> dave, you've never worked with data, so you don't know what you're talking about. >> i think there's lots of questions about how we count people, but do we think the bls has suddenly gotten worse over the last two, three, four years? >> sure. have you heard of a cell phone? you've seen the standard on their numbers? 400,000 a mont

senator steve gaines of montana tweeted that he has confidence that is secretary of energy governor rick perry will work to make our nation's energy secure. then a tweet from senate majority leader mitch mcconnell about -- he was a leader is a member of the navy seal and he will be a great leader of the department of the interior. senator dean sent out this message. very positive message discussing the importance of commerce, rural telemedicine and jobs. confirmation hearings beginning next week starting with alabama senator jeff sessions. president-elect trump's nominee for attorney general. his nomination begins next tuesday. you can have live coverage on c-span three in streaming live on c-span.org. you can listen to it on the free c-span radio app and we will showed hearings again in the evening. we'll have live coverage of all cabinet level confirmation hearings of the c-span networks, tv, radio, and online. we'll be showing the hearings in their entirety live as they happen. we will read air. we'll repair each hearing that night in prime time. >> the presidential inauguration of do