our markets correspondent has said louise the joins us now from wall st louis so to talk heavyweights too closely watched quarterly results what stood out to you. a couple of things said you know it's a case that not only did company b. don't revenue on earnings per share but had even lowered costs leads to where expecting this represents the payments a google makes it to companies like apple for example for its search engine it to be the default browser all devices also welcome by its investors a $25000000000.00 buyback program. no good the reaction though you know one day shipping costs seem to be helping sales but reducing the deals will continue in the current quarter also it's a cloud business that disappointed with revenues growing all the 37 percent this is the 1st time over the last 5 years one open it's a most lucrative recorded world below 40 percent physical store side despite continued promotions and hopeful its new openings obama's go to stores the sales have merrily changed from one year ago so a mixed bag of results there are now turning to another topic alphabet and am

st. louis tv station recognized 89-year-old betty sisom's name and helped reunite her with her wall streetincluding one of her brother who was fighting in world war ii. >>> soon there will be new content for netflix binge researchers. >> pivot. pivot. pivot. pivot. [ laughter ] pivot. pivot! >> shut up. shut up. shut up! >> "friends" pivoting from netflix to warner media streaming service, now called hbo max run by our parent company, warner media. last year streamers watched 32 billion minutes of "friends" on netflix. second only to "the office" with 52 billion minutes. just a few weeks ago, netflix lost the streaming rights to "the office." universal television auctioned the rights to nbc universal's streaming service. just put that little song in your head for the rest of the day, right? thanks for joining us, i'm christine romans. "new day" starts right now. >>> i feel very badly for secretary acosta. i've known him as somebody that has done such a good job. >> is it a surprise that you knew him -- >> the plea agreement is indefensible. he's not going to stay for long. ♪ we are the cha

st. louis federal reserve president telling the wall street journal he would support rates rising by a quarteronth but nothing larger than that. the fed meeting is july 30 and 31. the dow, nasdaq and s&p finished the day in the green yesterday. it was fractional moves higher across the board. european indices were lower but have now since turned positive. fq100 up about a point, as is the cac, the dax index up 5 points. in say shark asia, markets werer across the board, best performer was japan. congress and president trump moving toward a budget deal as the clock ticks away. what's at stake, coming up. new safety measures in the dominican republic, find out what is being done to bring back tourists following a string of illnesses and deaths. a daring escape. this dramatic video of a man's climb out of a building that was burning. pretty incredible. chevy gives the corvette a big makeover. we take a look at the sleek car's newest features and how much it will send you back if you buy one. breaking news, american express out with second quarter earnings, lauren simonetti with the numbers as the

st. louis has taken a lot of steps since 2005 when they nearly got wiped out by hurricane katrina. they built a huge sea wallad a 30-foot surge back then. they're expecting a 5-foot surge this time around. when you talk to people who have been through that life or death storm in 2005, they're not that concerned. but i've got to he'll tell you, the churn looks pretty powerful. if we get 10 inches of rain, we could see catastrophic flooding. leland: noteworthy how far out the big rain totals go to where you are and then farther north, over the next couple days. steve, before we let you go, i'm wondering, how many of the roads have they protectively shut down? we see these bridges out that your camera is panning out to, et cetera. how closed off are these communities a along the mississippi coast versus being able to still get people and supplies in and out? >> reporter: it' >> reporter: it definitely looks like a dicey situation here, like you wouldn't want to drive along this road right now with these waves. along the coastline, we've seen pretty much in max areas, one, one and-a-half feet of water. we're see

wall street is reacting to president trump's latest round of picks for the federal reserve board of governors the president tweeted last night he intends to nominate christopher waller director of research at the st. louisl reserve and judy shelton the director at the european bank for reconstruction and development. >> to discuss, stephen moore heritage foundation and former fed board nominee and joining us on the phone sarah bloom raskin. federal reserve governor very good afternoon to both of you. steve, if i start with you, you disappointed you're no longer in the running or are you pleased with these picks >> i sure am i happy that judy shelton is going to take my place on the federal reserve i have known judy for 25 years and an outstanding economist probably more, you know, has a better background and knowledge of these things than i do and i know a lot about it. i want to shatter this narrative that i've heard on cnbc and other, you know, business reporters saying that somehow judy is a dove, she is not a dove, she is an inflation hawk i think judy and i share this belief, the fed has been way too tight for way too long one reason the economy is faltering a little bit when you have a 2% ten-year