>> diane king hall at the new york stock exchange. iane. >> thank you, hena. >>> ahead on "cbs this morning," more on the security breach my expes how genetic information is stored. >>> but still to come, clearing the air. a new program to scare kids straight about the dangers of vaping. vaping. for some people, this is clean enough. but why settle for clean when it could be finished? when you want more than just clean there's finished. new finish quantum's breakthrough three chamber technology combines to scrub, degrease, and shine your dishes. switch to all new finish quantum. because it's not clean until it's finished. republican for the next governor of california... we'll hear from the candidates... it's a neck-and- neck race to become text yo ontrtanghe lea overnight... d ndim a pient is foundead at a bay area hospital... join us for kpix 5 news this morning... beginning at 4:30. good morning. it's wednesday, june 6th. >>> here's a look at today's forecast in some cities around the country. >>> a man at an iowa pond noticed a gos

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y r "nighsiness report" i'm bob pisani at the new york stock exchange. t trump administration doubling down on the tariff strategygainst china with the request for up to $400 billion on additional tariffs. >> as the global trade battle intensifies, president trump defended new tariffs, his weapon of choice to fight china's unfair tradece prac >> we have to do something about it. ey maybe gree it has been unfair for the last 25 years. somehow that doesn't seem to work so easily. >> reporter: the tactic slap new fees on chinese goods coming into the u.s. first targeting dish washers and aircraft parts. after china said it would retaliate trump targeted $200 billion more. the resting policy would touch the majority of goods coming into the u.s. from china which totalled 500 billion dollars last year. by comparison the u.s. sent billion in goods to china. that is why the proponent of the crategy sayshina has more to lose. >> that's what you would d if you were crazy and really wanted to end free trade. w thatt you would do if it was a negotiating positio and

diane king hall at the new york stock exchange. uch. >> all right. >>> still to come, naked and afraid. a man wearing only his underwear storms the runway at atlanta's airport, causing a security scare. bottom line is, moms love that land o' frost premium sliced meats have no by-products. [conference phone] baloney! [conference phone] has joined the call. hey baloney here. i thought this was a no by-products call? land o' frost premium. a slice above. i thought this was a no by-products call? only tylenol® rapid release gels have laser drilled holes. they release medicine fast, for fast pain relief. protest plans to potentially build a detention facility in their backyard... crews are starting to get a handle on the pawnee fire in lake county... but hundreds of homes and other buildings remain at risk... and with new marijuana regulations about to take effect in california... pot shops are rushing to get rid of their supplies... join us ixew morning... beginning at 4:30. good morning. >>> here's a look at today's forecast in some ci

diane king hall at the new york stock exchange. ank you, diane. >> thank you, anne-marie. >>> still to come, a sneak peek at christmas. the holidays come early for dozens of military children in texas. child: bye, grandpa! and if you have heart failure, entrusting your heart to entresto may help. entresto is a heart failure medicine that helps improve your heart's ability to pump blood to the body. in the largest heart failure study ever, entresto was proven superior at helping people stay alive and out of the hospital compared to a leading heart failure medicine. don't take entresto if pregnant. it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure, kidney problems, or high blood potassium. ask your doctor about entresto. and help make more tomorrows possible. entresto, for heart failure. remain apart. not long after an arrest in the golden state killer murders -- police ma

new york city in new jersey is the proposed site for the championship match. >>> on the "cbs moneywatch," apple closes an iphone security loophole, and there's a boost. diane king hall is at the new york stock exchange with that and more. good morning, diane. >> good morning, anne-marie. the economy is gaining steam, so the federal reserve is accelerating plans to raise interest rates to between 1.75% and 2%. the central bank also indicated it plans to raise rates twice more this year. that move is expected to send a ripple through the economy, triggering a rise in rates for consumer products like credit cards and adjustable rate mortgages. jerome powell said the economy is in great shape. >>> following the interest rate hike, stocks lost ground. the dow tumbled 119 points, the s&p 500 fell 11 points. the nasdaq lost 8 points. >>> shares of 20th century fox stocks soared. the comcast bid is a direct challenge to the bid on a ruling that approves at&t's takeover of time warner. comcast says fox's international presence like sky tv is a reason for its key offer. the fox television network and fox cable channels are not part of the deal. they expect disney to make a counter offer. >>> apple is making c

>> diane king hall at the new york stock exchange. thank you so much, diane. >> all righty. >>> still to come, a program designed to help the youngest victims of the opioid crisis. >> handle with care. that's how west virginia is treating young people tized by the opioid crisis. i'm kenneth craig with look at the groundbreaking program. trau mike: i've tried lots of things for my joint pain. now? watch me. ( ♪ ) joni: think i'd give up showing these guys how it's done? please. real people with active psoriatic arthritis are changing the way they fight it. they're moving forward with cosentyx. it's a different kind of targeted biologic. i's prov to he peoplorward with cosentyx. fi lesjoint pain don't use if you are allergic to cosentyx. yoshld be eckedfor beulosis yxg nt sean i ncreased riske eckedfor beulosis of infections and lowered ability to fight them may occur. tell your doctor if you have an infection or symptomion. or if you have received a vaccine, or plan to. if you have inflammatory bowel disease tell your doctor if symptoms

diane king hall is at the new york stock exchange with that and more good morning, diane. >> good morninge-marie. well, stockmarkets in asia have been mixed as china vows to retaliate president trump's latest threat to impose tariffs on imports. today they say the trump administration is, quote, bloodless when it comes to pushing its trade agenda. yesterday he told a small group of business owners it's time the u.s. evens the playing field with china. >> china has been taking out $500 billion out of our country and rebuilding china. >> on monday mr. trump threatened to impose a 10% tariff of $10 billion of chinese goods. here on wall street the escalating trade disputes and the markets are lower again. industrials and texts took heavy hits. the dow fell 287 points, the s&p 500 fell 11 points, and the nasdaq was down 21 points. >>> general electric is losing its perch in the 30company blue chip index. beginning next tuesday ge will be replaced by walgreens. it has been a continuous member since 1907. ge's stock has fallen from 80% in the highs near 2000. >>> verizon, at&t, sprint, and t-mo

diane king hall is at the new york stock exchange with that and more. orning, diane. >> reporter: good morning, anne-marie. president trump is threatening to escalate the trade fight with china. yesterday he warned that washington would impose a 10% tariff on $200 billion of chinese goods. china's government denounced the threat as blackmail and said there would be a strong response. last week, mr. trump ordered tariffs on $50 billion in chinese goods. china then said it would raise tariffs on $50 billion in american goods. >>> president trump's trade threats caused asian markets to tumble this morning. they also kept u.s. markets on edge yesterday. gains in energy shares helped curb the worst of the decline. the dow lost 103 points. the s&p 500 shed almost six. the nasdaq edged up slightly. >>> the chief executive of volkswagen's audi division is under arrest in germany. rupert stadler was detained yesterday as part of an investigation into the alleged manipulation of emissions controls. authorities are looking into whether cars sold in europe were equi

watch to see if this news has effect in extended hour trading. >>> tom farley, president of the new york stock exchangeo tell us about his new gig after the break. he is here we're going to talk about it in st ltlbit. the first survivor of alzheimer's disease is out there. and the alzheimer's association is going to make it happen. but we won't get there without you. visit alz.org to join the fight. moderate to severe rheumatoid arthritis was intense. my mom's pain from i wondered if she could do the stuff she does for us which is kinda, a lot. and if that pain could mean something worse. joint pain could mean joint damage. enbrel helps relieve joint pain, and helps stop further damage enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma other cancers, nervous system and blood disorders and allergic reactions have occurred. tell your doctor if you've been someplace where fungal infections are common. or if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure or if you have per

diane king hall is at the new york stock exchange with that and more. ing, diane. >> good morning, anne-marie. the supreme court struck down a union ruling. it ruled yesterday nonunion government employees can no longer be forced to contribute to unions that represent them in bargaining negotiations. it reversed an abboud versus detroit school of education >>> meanwhile u.s. stocks finished lower as lynn zbering trades continued to destabilize the market. tech stocks suffered the biggest losses. ultimately the stock fell under 65 points. the s&p 500 lost 23 points and the nasdaq tumbled 116 points. >>> apple and samsung are ending a seven-year legal battle over smartphone designs. the feud began in 2011 when apple accused samsung of co copying. the case landed at the supreme court before being sent back to lower courts. the companies notified a district court yesterday they reached an undisclosed settlement. >>> equifax is boosting security. it includes several states including alabama and maine. state regulators issued an order yesterday with new requir

let's go to the trade floors if you like, we have traders at the new york stock exchange and the cme group as always. let's begin with john corpina at the new york stock exchange. all right, john with, all of these headlines, everything that's going on. not much going on the markets. why is that? waiting for the fed. ecb on thursday, the bank of japan friday. opec next week, a lot of people are just sitting on their hands. >> you name all the headlines we have been expecting looking at them over the past few weeks. and like you said everyone is waiting, waiting, waiting, waiting, we waited for north korea, that went somewhat as planned and as prior guests said,going to be interesting to see how this plays overtime. how much it's going to cost and who's going to feel the brunt of that? the next thing is the fed for tomorrow, right? waiting to see what they're going to say. supporting economic data is telling us they should raise rates one more time. sometime they go off the track and theint, thi we will get it tomorrow. more importantly is the script co after that. what does that do fo

diane king hall is at the new york stock exchange with that and more. , diane. >> good morning, anne-marie. the u.s. treasury department is reportedly drafting restrictions that would block firms with at least 25% chinese ownership from buying u.s. technology firms. the president is also threatening to rescind with trading partners. he said, those countries, quote, must remove those barriers and tariffs or be met with reciprocity by the usa. the tweet came two days after the president threatened to impose tariffs on cars. oil and energy were among the strongest performs sectors while tech shares suffered losses. still, the major indices closed lower for the week. >>> all toys "r" us stores will close on or by this friday. the iconic toy retailer announced the countdown on social media. locations have been liquidating nationally since last spring and items are now up to 90% off in some stores. the toy chain could come back if someone buys its brand name. >>> and at the box office, jurassic world fallen kingdom had a $150 million opening weekend. >> hey, b

nicole petallides at the floor of the new york stock exchange. room in the gondoliere for me to sit next to you, charlie can move us around. snap no longer ghosting apps, launching third party developer snap kit. four new interfaces that allow subscribers to use snap login, posts, bitmoji and avatars with other apps. snap is promising user info will still be protected. take a look at the snap shares, up one-third of 1%. she had the golden touch for weight watchers and heading to apple. talking about media queen oprah winfrey, signing a multiyear program deal with the silicon valley giant to help ongoing push into original entertainment. we're seeing apple right now down 1%. >>> up next, liz will tell you how the very first tariffs slapped on asia but the trump administration are burning off billions in the energy industry. "countdown" continues. i'm a small business, but i have... big dreams... and big plans. so how do i make the efforts of 8 employees... feel like 50? how can i share new plans virtually? how can i download an e-file? virtual tou

the "new york times" spiked that interview and already recorded after the white house said it was uncomfortable with the interview. let's take you out to the new york stock exchange. that was going to be the new york stock exchange but overseas markets didn't do very well this morning and the new york stock exchange doing poorly as well. the dow is down 300 points on worries about trade. we'll continue to watch that. this as president trump threatening new tariffs, we'll cover the whole thing on twitter. @ scott mcgrew. >> 6:48, a lot of americans are taking a summer road trip this year and looking for the best destination. it turns out wyoming is the top fund keepic and wallet friendly road trip destination. north carolina ranks second overall for its scenery and minnesota rounding out the top three with first place ranking in safety. california didn't quite make the top ten but we ranked 12th overall because we got really low marks in cost and safety. we did rank number one though in the nation for activity. >> we have a lot of great activities, they just cost a little more. >> expensive and your car may be broken into while you're there. >> the weather is love

and we can bring in our financial correspondent yens koch is standing by for us at the new york stock exchange gens house the news gone down in the u.s. . well it is going to hurt certain industries but overall we're talking about an economy the size of about what eighteen trillion dollars and now we're talking for tariffs of about two point eight billion euros but still if you look at companies like harley davidson or levis both of those companies they achieve about a fifth of their revenue in europe or so that is going to hurt but the big question for sure is how will the u.s. report respond on those tariffs so will they actually beef up the terror of someone other could take over is as well so that's probably going to be the big question looking ahead and yes we understand attention now the shot in the trade war about to be fired off on friday night tell us more about that. well it's pretty likely that u.s. president donald trump will announce a new tariffs on chinese imports the talk is that about eight hundred to nine hundred different products out of china could be affected we do not hav

talk to you soon, michael, down from the new york stock exchange >>> here's what else is coming up on "the lauhalftime report. >> straight ahead, the big price target or one of the hottest things in showbiz, netflix >>> plus, a couple of other calls on three other big name stocks, including square, snap and nike >>> before the break, fedex reports after the bell our data partners show the stock goes up after posting numbers 63% of the time by an average of .84%. oracle also reporting today but ken shows the stock up and falling after reporting quarterly numbers. for more, go to cnbc.com/kensho. "the halftime report" the traders is back in two minutes one second. barely enough time for this man to take a bite of turkey. but for cyber criminals it's plenty of time to launch thousands of attacks. luckily security analysts and watson are on his side. spotting threats faster and protecting his data with the most securely encrypted main frame in the world. it's a smart way to eat lunch in peace. sweet, oblivious peace. >>> all right, a really great cause. we do hope to keep on bidding. we h

trade deficit with china has actually grown in april so fishermans told us a story from the new york stock exchange thank you very much. europe as you may known as referred to as the old continent which is great for architecture enthusiastic and historians but not so much for those who want to move on to the digital age where some countries are lagging behind the e.u. has now proposed nine point two billion euro budget programme to fund the blocks digital priorities the plan unveiled by the use commissioner for digital affairs would divide funding among areas like artificial intelligence cyber security and training the new funding aims to complement the efforts to smooth digital access security and regulation across the bloc the commission says the program would invest in areas that member states alone can't reach the proposal comes as digital services assume a greater part of the economy and as industries turn to digital solutions built on faster and more seamless networks china and the u.s. are widely considered ahead in digitization. europe cannot afford to continue to lag behind in the field of

new york, i'm vonnie quinn. caroline: live from london i'm caroline hyde county down to the europe close. farpoint is a special-purpose acquisition company. backed by dan low. joining us from the new york stock exchangetom farley, chairman, president and ceo of farpoint. last time we spoke to you from the new york stock exchange was in a different capacity so i'm one it was like to be the ceo of farpoint at not actuallyng iden the exchange. i was standingng in this exact spot when i went on with bloomberg for the ferrari ipo. now i'm back with an equally sexy ipo, the ipo of my own stack, farpoint acquisition. i'm curious as to how you're going to find opportunities. even today's the first a you can look, where you looking? are looking at companies benefiting from a couple of trends. first is the increasing value of data. for the machines the software enabling companies and firms to ingest and evaluate massive amounts of data. you to be the ones producing that data helping with the annals edition of the data you will make money for investors for a long time to come. really costs getting wrong out of some statements all over the world not just for death those are long term trends. vonnie: how many are

and our financial correspondent at the new york stock exchange so fishermans q. standing by for us sophie what are the reactions where you are to this could it strengthen trump's hand in trade disputes. well there is the perception here i mean it gives him a way to justify his strict and some might even call it stubborn way of bargaining and he needs to bolster his view because he has many opponents even within his own party is obsessed with anything that concerns the trade balance trade deficit for him because most of all evil and all problems so he is a protectionist and they always complain about the united states trade deficit for good but forget about the surplus of foreign investment capital or trade the trade surplus and services trade is not a one way street where one country loses and the other one wins and so economists for once pretty much agree that these terrorists are going to hurt american businesses and consumers and bet again to harm the economy and the v.p. growth as well and that would be definitely a problem where you are now it's the end of th

and our financial correspondent at the new york stock exchange sophie szymanski has been following the story for us so far it's very good to see you again now let's start with companies e.t.e. because it is certainly an important company in china but it's not a big player in the u.s. so why is donald trump making such a big deal out of. well i think he sees this deal as a linchpin in the trade discussions between the united states and china and he seems to think making this deal might help him into a stronger position and bargaining with china in terms of trade in general and maybe let me sum up what secretary of commerce wilbur ross and treasury secretary save him in newton explained when they met with a group of concerned senate republicans on wednesday afternoon the administration seems to be seeking to make a deal because the chinese have made it clear they will not deliver trade through it is confessions like purchasing more agricultural goods and energy from the united states without an agreement that lifts this and i oughter these what a person familiar with the matter said amer

so if you ask you has been following this story for us at the new york stock exchange sophie hi it's good to see you now there's this impression that there's not much mexico can do against the power of the united states so is this a bold move or rather a minimum reaction. well the mexican ministry estimates the value of these tariffs at about three billion dollars representing only around one point five percent of annual trade between the two countries that is not a bold number but it is certainly a bold move when you look at the size of the mexican economy especially as these counterterrorism are being imposed on a broader range on imported products not only on c.n.n. and element him but charms terrorists are going to hurt mexico anyway and this tit for tat reaction should also be seen in context with canada's reaction and the one of the european union and all in all it is going to be the united states isolating itself so if you briefly if you can what about nafta what are you hearing about the future of the agreement. well these tariffs are basically the result of a failed negotiati

richard quest over at the new york stock exchange. >>> more news. tting new video from the trump administration showing inside these infamous detention centers housing graphs. >>> the prosecution canceled an interview with stormy daniels. what's behind that? we'll find out when we come back. on the only bed that adjusts on both sides to your ideal comfort, your sleep number setting. does your bed do that? don't miss final closeout savings on the queen c2 mattress. now only $599, save $300, for a limited time. visit sleepnumber.com for a store near you. -i think it'll look really: good without the stripes. whatever your home may hand you, behr through it, in one coat. behr marquee, #1 rated interior paint. find it exclusively at the home depot. liberty mutual saved us almost $800 when we switched our auto and home insurance. liberty did what? yeah, they saved us a ton, which gave us a little wiggle room in our budget. i wish our insurance did that. then we could get a real babysitter instead of your brother. hey, welcome back. this guy, right? (laughs

the new york stock exchange deposit is turned down on the value line index is flat. the russell is still rising but the russell is too small to move the need. >> are we at a critical point on the u.s. stock market? >> well, you hear these things, i go to meetings and people are like wait a minute, below 4% unemployment and s&p earnings at 25%, it's a record. >> maybe we should be paying to the positive. >> the dis/january runup, it priced it all in, markets are smart. >> carter, thank you. >> thanks. >> carter wirth. >> i look at a name like cleveland cliffs, a $9 suite >> fastz pitch. >> we power pitched that. >> incorrigible. >> when we talked about it prior to the tariffs talk and the fundamentals in the steel industry were outstanding. these stocks are taken to the woodshed today if you look at analysts, people have a $10, $11 price target so if you could get away from the noise of tariffs, steel still makes sense here. >>> coming up, bitcoin now in its largest and longest correction since 2015 and a top crypto watcher and bitcoin bull says there are 200 more day

. >>> you're looking live at the big board at the new york stock exchange. we're down about 30 minutes. 24,088. another update on how the markets are doing coming up next. >>> toy story land opens this morning. we get a sneak peek in orlando. >>> a live look at sfo and, yes, it's expected to be very busy starting tomorrow because of the fourth of july coming up. fourth of july coming up. we're going to are you two getting along? oh, yeah, yeah. [ hiss ] [ gasps ] [ birds chirping] ♪ no matter what you are they're a perfect match. the new ipad and xfinity stream app. hey guys, i'm home! surprise! i got a puppy. add an ipad to select packages for just $5 a month for 24 months. upgrade online now. >>> and good morning to you. let's take a look at the fire danger that will increase along with the heat and winds in lake county and solano county through 8:00 sunday evening. high fire danger there. anything that starts could spread quickly. winds 20 miles an hour. look at the temperatures going from 95 tomorrow to 104 saturday to 99 sunday. now as far as the tempera

we can bring in our financial correspondent standing by for us at the new york stock exchange. ws gone down in the u.s.? >> well, it is going to hurt certain industries, but overall, we are talking about an economy the size of about $18 trillion. we are talking tariffs of about 2.8 billion euros, but still, if you look at companies like harley davidson or levis, both of those companies achieve about 1/5 of their revenue in europe. it is going to hurt. the big question for sure is, how will the u.s. respond on those tariffs and? -- those tariffs? will they be five tariffs yet go that is going to be the big question looking ahead. >> wender stand potentially another shot in the trade war is about to be fired friday night. tell us more about that. >> it's pretty likely that u.s. president donald trump will announce new tariffs on chinese imports. the talk is about 800-900 different products out of china could be affected. we do not have a dollar value, and those products, it could be good news. originally, there was news there could be tariffs in the amount of about 1300 products.

ceo asking investors to believe in his plan for the industrial giant i'm kelly evans at the new york stock exchange more details on ge's strategy coming up on the "closing bell." >> reporter: harvey davidson locked in a war of words with the president in moving production overseas. the latest on the bike battle coming up. >> reporter: the supreme court siding with the white house on the administration's travel ban. the big question now what does it mean for the massive u.s. travel industries >> i'm wilfred frost co-head of goldman sachs talks deals, business, and the sport of business. that starts right now on "closing bell. ♪ >> you did get here quickly. >> i did just hopped over the fence >> welcome to the "closing bell" everybody, those stories in a moment, but a check of the markets. after yesterday's big down day, stocks rebounding today, dow adding 9 h4 points, nasdaq up . and russell up, and dow was up more than 100 points in the high of the session, and walgreens replaces ge in the dow today >> it's the one to watch speaking of ge, that is the top story today. we get to david faber who spok

the inventory is extremely limited. >>> a live look at the new york stock exchange as trading gets undermorning. the markets have dipped dramatically. the dow down about 260 points. >>> end of an era when it comes to toys "r" us. >> i feel like it's the death of my childhood. >> you're never more than seven minutes away from your accuweather forecast. accuweather forecast. hey, mike. >> alexa, order me toys. >> take a look at what's going on outside. we'll use the umbrella yesterday to get aaway from the sunshine. the temperature is comfortable. the winds pick up as expected. this time they brought a lot more cloud cover. as we head towards the golden gate bridge, sue tells me firsthand she had to use the windshield wipers. >> there's a chance of drizzle at the coast. not as much this morning. the heat is coming friday. there's a look at the cloud cover this morning. notice the breeze bringing the clouds back to the coast by noon for the most part. whatever is left over starts to fade as we head towards sunset during the evening hours. temperatures mid 70s to low 80s. we'll say upper 70s

to help boost sales, they'll deliver low sugar options. >>> taking a look at the new york stock exchangetrading under way this morning, up about 47 points, 24,744. yesterday we saw some big losses as investors reacted to new fears of a trade war with china. meanwhile the lights are out for general election at the dow. the company has been kicked out after 110 years. ge will be replaced by walgreen's. the change goes into effect on june 26th. >>> already, the destain that houston rockets fans have for the warriors is evident in some yelp reviews. >> come on houston, get over it. steph curry's wife is set to open a houston location of international smoke on july 5th. many rockets fans have been giving the restaurant one-star reviews even though it's not open. one perp wrote, this is the white house place to go, her husband ripped our hearts out. i would never set foot in this place even if it was the last place on earth. the warriors, as you know, eliminated the rockets, winning game seven of the western conference finals before sweeping the cavs in the nba finals. >> makes them look reall

going on in the crypto space we've had this consolidation phase and we're taking higher on a couple different things. for canopy it's because this stock is listed on the new york stock exchangee it, it's a proxy plate. people can buy it here and even though they're a canadian produce yir, they're using that currency the canadian guys will be using probably expensive stocks to use that to be buying through their shares and doing an mna in the united states and other parts of the world. nopy is well company not a bad place to get involved. i'm not sure if we have the underlying tickers here. we don't so if i was going to put a basket together, i would be 25% in biopharma, maybe that's gw pharma that trades in new york i'd 50% in the big guys like canopy and then get into the bottling names and what not. >> in that clip they were talking about production being sold out i'm curious, how long does it take to produce a crop i'm just asking for a friend. >> if you think about the cycle for these guys is anywhere from three to six months the. production part of this, even though it seems obvious and obviously there are people that have been growing cannabis for years and there's an

the social network increased002 billion dollars. >>> taking a live look now at the new york stock exchange as trading gets under way this morning. can you see the markets are up a little bit at 28 points. fears of a trade war are still worrying investors. yesterday the dow tanked after reports the trump administration was planning to block chinese investments in tech companies. the markets recovered after a top white house official downplayed those reports. >> some san francisco restaurants cooking up a new service. it saves owners money but typically means more work for you. according to "new york times," high rent and labor costs are driving more and more restaurants to go without servers entirely. so a runner will bring out your food but you have to do a lot of the other work like getting your own water, getting your own silver ware. the city's minimum wage going up since 2014. this sunday it officially reaches $15 an hur. >> not too bad. sometimes i want to get up and refill the water, maybe the waiter is busy somewhere else. now i want feel like i'm imposing on somebody. >> aren't tho

we are at the new york stock exchange worst day of the month so far.are looking at a 223-point drop on the trade tariffs launched by the u.s. against china. big internationals are the losers as some of the defensive names and yield stocks are doing well keeping somewhat afloat >> cat and beauing and ge are some of the worst performers today, but they are some of the worst performers on the week deer could really be exposed to the tariffs if we see an escalating trade war with china some of the chemicals and materials are being hit hard as well >> we'll see how much of it filters through to tech. apple part of the dow, but it's down just about 1% so we'll see granted, everybody won't be affected the same way, but you're beginning to hear rumblings about concerns for tech as well >> on that, let's get to washington with the latest on these tariffs. >> good morning, carl. tariffs on $34 billion of chinese effect ports are set to take effect july 6th and targeting $16 billion in exports could be implemented after july 31st the goal, according to two people

the police on a girl selling water is facing a new issue this morning. she's unemployed. >> you're looking live at the big board at the new york stock exchange. it looks like we are a little bit up, 56 points. another update on how we're doing in just a few moments. >>> a north bay brewer famous for its beer is about to make an entirely new type of beverage >>> unfortunately the news isn't as good today as it was yesterday considering the winds around the pawnee fire. he'll pick up around 5:00 and stay up through about midnight, around 10 to 20 miles per hour, blowing from north the east pushing the smoke away from us into the central valley. look at the temperatures, friday 97, 104 saturday, 100 sunday. it will start to break down to 91. with the heat comes another fire threat. we've got a fire weather watch from 11:00 friday morning to 8:00 sunday evening in lake county and also solano county. arldata runningt coming up. her first-ever campaign shocked the political world this morning with her surprising victory. alexandria ocasio-cortez defeated ten-term democrat congressman joe crowley in the democratic primary for a new york city congres

the new york stock exchange was established in the early 19th century, 1817, but it expands rapidly between 1880 and 1900. it is in 1903 the new york stock exchange moves into its current building on broad street in new york city. that building, pointing out, was designed by george b post who also designed a couple of buildings here in st. louis. the renaissance hotel downtown, also designed by him. one more point, the roots of consumer culture are located in the 1890's. department stores, the earliest ones you could say appear in new york and 1830's, but really the 1870's are the beginning of the department stores in cities. the 1890's is when department became dominant for shopping in american cities. as department stores moving to cities, they undermine the status of older, locally owned, often immigrant owned neighborhood businesses. small shops, owned by recent immigrants and working-class neighborhoods are slowly displaced by the rise of the department store in cities. department stores also have an ,nd -- impact on overall areas as big companies initially based in chicago begin print