this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. (man) don't ...go...down...oh, no! aaaaballooned your car. call meeeee! (burke) a fly-by ballooning. seen it, covered it. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ two... one... two... three... three... four... four... five... five... six... six... if there's one thing all a deal is a deal. on, and congress has already made one to help america's seniors pay less for their prescriptions. but now, drug companies are lobbying congress, trying to force seniors to pay more so they can boost profits. but a deal is a deal. and we need our senators to stand up for lower drug prices. so tell your senators to do their job, and look out for the seniors they represent. protect seniors, not drug company profits. >> brennan: we'll be right back with a lot more "face the nation" including virginia senator mark warner. our political panel will also be ahead with more on the life

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. ♪ when you have nausea, ♪ heartburn, ♪ indigestion, ♪ upset stomach, ♪ diarrhea... girl, pepto ultra coating will treat your stomach right. ♪nausea, heartburn, ♪ indigestion, upset stomach, ♪ diarrhea... try pepto with ultra coating. thanks to move free ultra 2in1... i keep up with this little one. see the world with this guy. and hit the town with these girls. in a clinical study, 4 out of 5 users felt better joint comfort. move free ultra. movement keeps us connected. darrell's family uses gain flings now, so their laundry smells more amazing than ever. [darrell's wife] isn't that the dog's towel? [dog sfx] hey, mi towel, su towel. more scent plus oxi boost and febreze in every gain fling. >>> we are back with the republican senator susan collins of maine. senator, thank you for joining us. >> my pleasure. >> let's talk about health care. you heard senator durbin say the judge's ruling is

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. i am a techie dad.n. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. marriott is still dealing with the fallout of a huge security breach involving 500 million * word gas. it missed the chance to stop the hack years earlier. they were aware of a much smaller hack in 2018. we thought it wasn't that big of a deal. we've seen this happen was so many other breaches. unfortunately now as consumers we just need to pick up the pieces and try to figure out how to best protect ourselves i think a credit freeze is the best thing we can do now given what we know because we really want to prevent unauthorized accounts been opened in our names. this is a reminder that privacy fears go beyond technology. we've been beating up the big te

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. ♪ ♪ ♪ ♪ ♪ ♪ this holiday season, families near you need your help. visit redcross.org now to donate. [♪] >> hours before that op-ed posted she was in a hospital in d.c. visiting children and reading them a christmas story. the day before she had flown out to an aircraft carrier to visit with the military and thank them for their service. and before that she was the a toys for tots. the consistent negative coverage mrs. trump gets is not fair. liz: she wrote a scathing op-ed defending the first lady. first lady has gone to hurricane hot zones, she has visited shooting victims at parkland and las vegas. she has gone to the center of the opioid crisis like west virginia. let's go to our panel. the tradition in d.c. is not to go after any member of the first family, including the first lady, including michelle obama, including melania. they cannot do things like pass legislation. is the media mission an opportunity to c

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. ♪ there's no place likargh!e ♪ i'm trying... ♪ yippiekiyay. ♪ mom. ♪ lou: president trump named mick mulvaney as acting white house chief of staff. mulvaney is the budget director and the director of the financial protection bureau as well. president trump saying mulvaney has done a quote outstanding job in his administration and indeed he has done so. the united states facing a potential government shutdown if the ryan owes and radical dimms refuse to fund the president's border wall. the senate is in recess until monday, the house in recess until wednesday. so there is no potential deal on the table. chad pergram reporting chances are pretty high the government will be shut down. joining us, fox political analyst ed rollins. chad pergram thinks because of the timing, congress out until wednesday, the odd are high that on the 21st the government will shut down. ed: my sense is the democrats and the republicans will go

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. so lionel, what does 24/5 mean to you?rade well, it means i can trade after the market closes. it's true. so all... evening long. ooh, so close. yes, but also all... night through its entirety. come on, all... the time from sunset to sunrise. right. but you can trade... from, from... from darkness to light. ♪ you're not gonna say it are you? david: we are hours away from the latest deadline pressing down on the mueller probe. the judge overseeing

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. and everyone i've ever opioloved away from me.thing everything. i blew my ankle out and i got prescribed pain pills by my doctor. if making my detox public is gonna help somebody i'm all for it. i just wish i would've had a warning. from capital one.nd i switched to the spark cash card i earn unlimited 2% cash back on everything i buy. and last year, i earned $36,000 in cash back. which i used to offer health insurance to my employees. what's in your wallet? ♪ >>> the song is called living in a box by the band living in a box and the album was called living in a box. you're welcome if you think the recession is coming, you might be living in a box. eric chemi is here to explain why cardboard boxes may be this year's big thing >> investors have gotten skittish the last few weeks about the sfretrength of the economy. one unusual data point suggests things are fine, that is how many boxes are being made and shipped across the coun

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. you have a lot of deadlines in your business, right? we miss deadlines, we don't get paid. what if you lost your network connection? you gotta be kidding me. chaotic. our gig-speed network lets you download files up to 20 times faster. and we go beyond fast with 4g lte backup for complete reliability. so, if you lose your network connection... ♪ ♪ you won't miss the deadlines. having the confidence of something that's never gonna go down would be priceless. just one more way we go beyond at&t. right now, get fast, reliable internet and add voice for a low price. comcast business. beyond fast. ♪ >>> all right. that's a shot from times square. right now things are quiet they will pick up a lot of steam tonight despite the weather having an iffy impact. we are expecting rain. times square ready for the big ball drop for new year's day futures pointing right now to a very solid open. the dow up by just about 215 points s&p up b

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. new listerine® ready! tabs™ aren't gum, mints, or marbles. seriously, what is this? if you guessed they're tabs that turn into liquid as you chew, so you can swish and clean your whole mouth instantly, then you were correct. and that was a really good guess. nice job. as one of the nation's largest investors in infrastructure, we don't just help power the americanream, we're part of it. this is our era. this is america's energy era. nextera energy. >>> we are back. data download time. now that the lastte2018 sen race has been decided, it is finally time to turn to the 2020 senate map. get to know it. starting with the races where terrain is changing for the gop. there are republican senators defending seats in georgia, iowa and arizona, where a replacement for jon kyl will likely be named soon. in arizona at democust flipped the other senate seat. in georgia and iowa, democrats just picked some house seats and came close in go

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. new listerine® ready! tabs™ aren't gum, mints, or marbles. seriously, what is this? if you guessed they're tabs that turn into liquid as you chew, so you can swish and clean your whole mouth instantly, then you were correct. and that was a really good guess. nice job. as one of the nation's largest investors in infrastructure, we don't just help power the american dream, we're part of it. this is our era. this is america's energy era. nextera energy. >>> we are back. data download time. now that the last 2018 senate race has been decided, it is finally time to turn to the 2020 senate map. get to know it. starting with the races where terrain is changing for the gop. there are republican senators defending seats in georgia, iowa and arizona, where a replacement for jon kyl will likely be named soon. in arizona a democrat just flipped the other senate seat. in georgia and iowa, democrats just picked up some house seats and came

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. not long ago, ronda started here. and then, more jobs began to appear. these techs in a lab. this builder in a hardhat... ...the welders and electricians who do all of that. the diner staffed up 'cause they all needed lunch. teachers... doctors... jobs grew a bunch. what started with one job spread all around. because each job in energy creates many more in this town. energy lives here. at&t provides edge-to-edge intelligence, covering virtually every part of your finance business. and so if someone tries to breach your firewall in london & you start to panic... don't. because your cto says we've got allies on the outside... ...& security algorithms on the inside... ...& that way you can focus on expanding into eastern europe... ...& that makes the branch managers happy & yes, that's the branch managers happy. at&t provides edge-to-edge intelligence. it can do so much for your business, the list goes on and on. that's the power o

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. >> welcome back. as the state the state is always a treat. not necessarily unfortunately for lebron james. what happened. >> now what he wanted to happen. he suffered a groin injury last night unable to finish the way against the voyeurs. they suffered what is being described as a slight strain. i actually overextended the gain. to see if i can stretch it a few times. but it didn't. he is scheduled for an mri later today. the houston rockets delivered a nice gift to their fans. they dropped off a 41 points. hard and seventh game and a route scoring 30 or more. a career bat. the rockets have left -- 17 of their last eight. it went to overtime. and that's where they have back-to-back three-point shots. the extra session. tyree scored 40. the jazz blasted the blazers. after the washington redskins lost in week 16. they publicly criticized the coaching philosophies. monday he was scratched from the redskins ro

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. hey, what are you guys doing here? we've been helping you prepare and invest for retirement since day one. why would we leave now? because i'm retired now. so? we're voya. we stay with you to and through retirement... with solutions to help provide income throughout. so you'll still be here to help me make smart choices? well, with your finances that is. we had nothing to do with that, uh, tie. or the suit. or the shirt. voya. helping you to and through retirement. >>> deal or no deal? what would i do? >> i would take it >> i would go for it >> it is guaranteed. >> you know why? >> bulls make money and bears make money >> hawk gets slaughtered >> that was "deal or no deal" host, howie mandel the show is back premiers on wednesday right here on cnbc i never seen anyone gets that close to the sound board snoc t he's a delightful man. he's an uplifting man. i think the show is very exciting >> i have been a huge fan of his. i once o

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. [ phone rings ] how's the college visit? does it make the short list? yeah, i'm afraid so. it's okay. this is what we've been planning for. knowing what's important to you is why 7 million investors work with edward jones. >>> good friday morning, welcome back to "squawk on the street. i'm carl quintinilla with sara eisen and morgan brennan at post 9 of the new york stock exchange >>> out of china, flash pmi out of the eurozone, in the u.s. we have industrial production and retail sales and now it's time for inventories. let's get to rick santelli rick >> october's first month of the fourth quarter inventories coming up on the business side expected up 0.6. perfection, up 0.6 exactly a positive revision last look. it moves from .3 to .5 the real issue here today seems to be revisions. we had negative revisions, industrial production, capacity utilization. very positive revisions, retail sales and as i just noted in business inven

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. t♪ little girl and boy land built for smarter business. ♪ while you dwell within it ♪ you are ever happy there daddy, it's christmas! ♪ childhoods, joyland never let go of your dreams. the mercedes-benz winter event is back. lease the glc 300 for $459 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. after bill's back needed a vacation from his vacation. so he stepped on the dr. scholl's kiosk. it recommends our best custom fit orthotic to relieve foot, knee, or lower back pain so you can move more. dr. scholl's. born to move. ♪ ♪ this holiday season, families near you need your help. visit redcross.org now to donate. from capital one.nd i switched to the spark cash card i earn unlimited 2% cash back on everything i buy. and last year, i earned $36,000 in cash back. which i used to offer health insurance to my employees. what's in your wallet? trish: a lot more tomorrow, we'll continue following money trail, why the heck didn't james comey car

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. so lionel, what does 24/5 mean to you?rade well, it means i can trade after the market closes. it's true. so all... evening long. ooh, so close. yes, but also all... night through its entirety. come on, all... the time from sunset to sunrise. right. but you can trade... from, from... from darkness to light. ♪ you're not gonna say it are you? the markets and why we're struggling we have the executive director of oppenheimer and company great to see you let's start off with the s&p 500. what kind of damage has been done this week >> the damage actually started in october. i do think the uptrend's been broken but i think from a near-term basis the index is at the point where it's bottoming here's the chart of the s&p 500 that i brought with me for the show and we can see that the multi-year uptrend dating back to 2016 was reversed during that bout of volatility that we've seen since the start of the fourth quarter however, conditi

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. wat t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence. >>> welcome back let's look at the u.s. equity futures. we're looking at red arrows after a mixed picture for the markets yesterday. this morning dow futures down by 253 points s&p futures are down by 28 points the nasdaq off by 90 points. this is coming as we hear from china they will be removing those 25% tariffs on 211 car makes and auto parts coming from the united states. >>> time for the executive edge. jim chanos revealed some new long and short bets on casino operators. here are his exclusive comments to sara eisen on macau >> recently we added new and old names. and one area i'm scratching my head about is the macau casino

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. once i started looking for it was a no-brainer. i switched to geico and saved hundreds. that's a win. but it's not the only reason i switched. the geico app makes it easy to manage my policy. i can pay my bill, add a new driver, or even file a claim. woo, hey now! that's a win-win. thank you! switch to geico®. it's a win-win. kennedy: dim witted propagandist, alexandria ocasio-cortez is burned out and has not started her cushy job in congress. she is talking about self care, and taking a few days off to apply facing masks and she snead needs to disappear for a new days in upstate new york. documenting every moment. she waxed in a video. >> hello everyone, i am starting a week of self care. where i am taking a week off. and taking care of me. i don't know how to do that. i would appreciate any and all self care tips. because sometimes people are like. top 10 -- tips, people like go to cancun, i'm like is t

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. ♪ the new capital one savor card. earn 4% cash back on dining and 4% on entertainment. now when you go out, you cash in. what's in your wallet? at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. . >>> we're back there's your market picture at this moment. s&p down a little more than that there's nasdaq yet again almost a 2% decline for tech-led nasdaq russell is down the same amount. we talked about what the catalyst will be do you know what cramer thinks when there's really bad data that will put the fed flight in the position of actually having to go, no, no more for the foreseeable future until it has a chance to see what happens >> i will hope that bad data -- >> he very well could be right it is a question of what is the date i will hope that it is earnings reports. i think we had the can

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. trish: a response from our friday interview with jerome corsi. the man robert mueller set his sights on because dr. corsi predicted john podesta's emails would be leaked, and mueller wants to know how dr. corsi may have known that. dr. corsi says mueller's team doesn't believe he figured it out and they are trying to intimidate him into making false statements. and he says the feds are trying to defame him and they are leaking misinformation about his charity work. in my interview with dr. corsi friday he insists the feds are telling reporters false information. >> there is no other place this information could have come from. the mueller grand jury. chuck ross the reporter told me he got the information from robert mueller's special counsel. trish: the reporter himself? >> yes, he said i have this information from sources close to and directly from robert mueller's special counsel it, direct proof an illegal leak from the grand jury. trish: you are saying the doctor is real. >> the d

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. i think that's a fairly bullish scenario normal world we'd say if 2600 breaks, look out, we're going to zero i'm being dramatic >> the dow going down 700, recovering like we did the other day, that's not a healthy market that's not a normal market that's a computer market we all hate the algos with when we fall. can all of the billion dollars computer driven trading companies help us on the up side, jeff can they help us be the here, not the zero. >> when we beat the heck out of them, let's remember in normal market functions there is some liquidity provided by them you get prices on in and outs of your trades because of the algos and hmts it starts to move in a direction where i see the effect as being disproportionate to what normal market would be and not healthy. we're not in a bear market in a corrective phase the bullish moves, the spikes higher can be relatively violent on their own. they exacerbate them on the up side as well. >> what's the most important thing to you this wee

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. and the army taught me a lot about commitment. which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. >>> it is unlikely we're going to end the year higher for equity markets a decent rally coming off the worst christmas eve for the equity markets ever. at one point up 500 points nothing to sneeze at, i'm sure we're not down another 500 or 600, although there's still time >> there's plenty of time. >> what am i doing there's never a cop on this road let's just throw the script out on what we had planned, and i want to follow up on the interview with scott minerd. scott, thank you very much for that i think he made three key points that stuck out num

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. our new, hot, fresh breakfast will get you the readiest. holiday inn express. book now for at least 20% off during our annual sale. they seem to be the very foundation of your typical bank. capital one is anything but typical. that's why we designed capital one cafes. you can get savings and checking accounts with no fees or minimums. and one of america's best savings rates. to top it off, you can open one from anywhere in 5 minutes. this isn't a typical bank. this is banking reimagined. what's in your wallet? david: thankings for joining us, this is a fun show, you have a good crew, you can catch me, bulls and bears, week nights 5:00 p.m. eastern on fox business. not quite as tight as this show, it is free-formed, kennedy begins right now, talk about free-form, here she is. kennedy: there it is, thank you very much david a -- michael con is headed to the big house. sentenced to three years behind barrings

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. trish: president trump blasting democrats for obstructing his wall plan. he says this isn't about the wall. in israel the wall works 99.9%. this only about the dems not letting donald trump and the republicans have a win. he's right on that. he made this his signature issue. so now instead of saying we want immigration reform and better security and we'll take a wall or structure. they are not going to allow a dime to go into it because that would mean a win for the president they seem to hate the most of. joining me now, republican scrat just. amy, starting with you. i hate to say it. but it's what it is it's politics. basically you have a bunch of dems digging in their heels because they don't want to see one dollar going toward anything the president wants. and by the way, ran on. am i right? >> you are absolutely correct. it's sad when you hear the possible speaker of the house call it immoral. nancy p

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. trish: a disturbing new twist at the russian hack attempt. and all the fingers point at the dems. a fake russian boss designed to create a link between russia and cad roy moore during the senate special election. robert, they are calling it a false flag operation. walk us through what the dems actually did here. >> so what it seems like is that a number of twitter pro filed were created looking like they were russian defense. and they were following roy moore. and some of the media picked it up, i believe someone in "usa today" or thal bamiyan, it made news and designed make roy moore look bad. creating a twitter bot is not hard to do. anyone with a computer can make it happen. trish: why did they want to make it appear they were russian. >> it seems any relationship with russia is a bad one in the political climate we are in. and if you are supported by the russians, you must be bad as well. trish: now it's being used as political ammunition. the "new york times" is pointing out it d

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. (sfx:birds singing, distant dog barking) hi hi ♪(whistling tune: "don't worry, be happy")♪ lauren: french government reportedly to do bout face over gas tax hike, joshua. joshua, looks like president macron is preparing to suspend the tax hikes. considered out of touch with the citizens. >> this is what macron vowed to stop to the top and people taking to the streets and getting what they want. the problem with it sees as tax on themselves and unlike progressive taxes where you see the likes of income tax, the high earners taxed more, hitting those who are relying on cars, particularly farmers for livelihood, something that people aren't necessarily going to stand for and as he understands he tries to move back from it. let's say he suspends

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. >> which we know that china is unfortunately never honored a single major commitment it made going back to world trade organization entry and in 2015 promising to stop cyberintrusions into our businesses. they just keep doing that stuff. well can the white house stop them and get real deal with china on the table top trade officials are trying to reassure investors they can get it done. stocks hammered last week anyway on confusion over what happened if deal is not reach bid ma. dow down 4.5% last week and negative for year. futures this morning down as well. and if europe stocks open lower eye on u.k. vote in parliament for the exit from the european union that is this week. lots of red in asia as well. jamb reported that its economy contracted the most in four years nikkei down 2.1%. and amazon's cashierless stores it shall where you might be seeing these and it might surprise you fbn:am continues right now. >> we are coming up on 5:30 a.m. here in the

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. wat t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence. . >>> right now crude oil prices are trading higher we're up 2%. that's a buck on wti, to $52 and change don't forget to put that move in conte context. oil has fallen 25% in three months it had its worst november in a decade joining us now on set is somebody who also just got back from austria, helima croft we have to stop meeting like this >> i know. >> we were both at opec. they cut production, 1.2 million. the market cheered, now it's jeering. what happened? >> i think there's concern about what will the cut look like? there was the issue about russia the russian oil minister saying they may only cut 50,0

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. i still can't believe how incredible the screen is on the new iphone xs. and our unlimited plan really takes things to the next level with your choice of the best in tv, movies, or music. it's the perfect holiday upgrade. i know what i'm asking santa for this year. you still write letters to santa? no. please. i send him emails. can i get his email address? oh... i don't feel comfortable sharing it. get the iphone 10 s and our unlimited plan with your choice of the best in tv, movies, or music. more for your thing. that's our thing. >>> live in our nation's capitol, still darkness there but things will brighten up quickly. >>> reaction still pouring in following the sentencing of president trump's former lawyer, michael cohen. tracie potts has more on that story. >>> good morning cohen is going to prison he's got a date, march 6th is the date he's supposed to turn himself in but we are also learning that a

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. >>> options traders are scrambling into the social media stock. >> they're actually going out february, the 145 strike calls we saw some nice activity there. they're paying $7 for they sse 6,000 options. yesterday on the show we were talking about during the show, i bought the stock and the calls. >>> josh, i have a question from willy on netflix what do you think? 400 in 2019? >> i wouldn't say that's whether i think it's going, because i'm not bullish on netflix i think next year is all about disney i like netflix i don't know that it's destined to reach back toward the highs i think the competition thing finally comes real. >> pete, ibb >> i love the name, but they have not performed i think if you're looking in that world, i would stick to the big pharma names that have performed, merck, pfizer, some of those names lindsey, thanks for being here what do you have >> i have broadcom, free cash flow, this

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. >>> good morning, the dow is on pace for its worst december loss in decades, in fact, going back to a time in this country we don't even want to think about now down more than 7% this month, but the fed meeting that starts today could be a big catalyst and we'll get you ready for tomorrow's announcement, and then what they say afterwards, right. >>> johnson & johnson in damage control mode we'll show you what the ceo said about asbestos claims last night with jim on mad money. >> and ousted cbs ceoless moonves will not be getting a $120 million severance package got to tighten the belt. he's only made like 700 million previously we'll tell you what the investigation revealed about the company's culture. it is tuesday, december 18th, 2018, and "squawk box" begins right now. mpl >>> live from new york where business never sleeps, this is "squawk box. >> good morning, everybody, welcome to "squawk box" here o

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. i still can't believe how incredible the screen is on the new iphone xs. and our unlimited plan really takes things to the next level with your choice of the best in tv, movies, or music. it's the perfect holiday upgrade. i know what i'm asking santa for this year. you still write letters to santa? no. please. i send him emails. can i get his email address? oh... i don't feel comfortable sharing it. get the iphone 10 s and our unlimited plan with your choice of the best in tv, movies, or music. more for your thing. that's our thing. >>> a little bit rainy, kind of warm, a little foggy that's times square but here's the sunshine even before the sun shines dow futures are up nearly 500 points we saw a rally in asia we're seeing a rally right now in the european markets. s&p, nasdaq futures all up a couple of percent. it is, of course, on be the headlines that crossed over the weekend on saturday night. presi

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. your but as you get older,hing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. the new capital one savor card. earn 4% cash back on dining and 4% on entertainment. now when you go out, you cash in. what's in your wallet? >>> welcome back the dow is down 391 points could be a wild last three hours in these markets i think we've proven this week anything can happen. i want to say first off you're welcome. you're welcome okay >> thank you >> unlike whop napner i left two minutes for the final trades joe, let's start with you. you can speak slowly >> so, i think gold. fundamentally you're in an environmen

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. reporter: chaos in london after drones entered the airfield. police are calling this a coordinated attack. >> yes, we need regulation. it does pain me to say this. i am a small government person and i hate regulations. but this is an area where the government should be regulating. they need to be regulating where they fly, how they fly. i think the on question is how badly congress is going to screw it up, but we do need those regulations. >> just google the word drone hitting an airplane wing and look at the video to see why you need regulation. the number one role of government is safety and protection of the citizenry. probably 150,000 to 200,000 people were affected in the u.k. and all of europe. let's hope they catch him and put him away for a long time. >> i'm all for regulating it, too. the people doing this or the person doing this. they don't care about regulation. it's not because they are aloud to do it. all the regulation in the world won't stop an evil-doer. there has got

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. i'm sorry,n't understand- (speaking german) ♪ ♪ ignition sequence starts. 10... 9... guidance is internal. 6... 5... 4... 3... 2... 1... ♪ >> how did 5 1 years in a prison cell in north vietnam as for th presidency? >> i think it helped me define the principles that i already held. i think it gave me a better unders of t value of commit to a cause. amazing amazin grace ♪ ♪ >> i have never considered the united nations irrelevant. think it's a unique organi an organizatio that can bring t togeth opening statement that those who as much as given and those that is required a lot have been required of the ke the wa ♪ >> at 12:52 p.m., the announ came. the court's decisi segreg was unanimo ♪ and i have had the privilege of meetin the press in many countr and i must say that i make its much a matter of prayer as i do any sermon that i ever p >> you know, when we part we don't say good-bye. instead,

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. ♪ there's no place likargh!e ♪ i'm trying... ♪ yippiekiyay. ♪ mom. ♪ >>> welcome back to "fast money. general electric is lighting up having the best day in a month following an upgrade from the ge bearing, jp morgan lifting the rating from underweight to neutral. still maintaining the $6 price target adding that the stock is near a bottom it did hit a financial crisis low, 6.66. happening on tuesday before bouncing off the level with shares of g.e. down 59% this year is it finally bottoming out. >> i don't think you could say it's finally bottoming out until it bottomed out and has conviction it's bottomed out but the s&p bottomed out 6.66 as well that sign, it's a terrible number, a negative number. and i think in analyst was just didn't want to go to the well one too many times he had a great call on the stock. and this is not an overwhelmingly bullish call on it but maybe the worst is coming

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. two... one... two... three... three... four... four... five... five... six... six... ignition sequence starts. 10... 9... guidance is internal. 6... 5... 4... 3... 2... 1... ♪ ♪ whose idea was this?! hi, kids! i'm carl and i'm a broker. do you offer $4.95 online equity trades? great question. see, for a full service brokerage like ours, that's tough to do. schwab does it. next question. do you offer a satisfaction guarantee? a what now? a satisfaction guarantee. like schwab does. man: (scoffing) what are you teaching these kids? ask your broker if they offer award-winning full service and low costs, backed by a satisfaction guarantee. if you don't like their answer, ask again at schwab. >>> we'll continue to see large fires. >> this year california endured its most destructive and deadliest wildfires in history. that's saying something. multiple fires burned at once including what became known as camp

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. ♪ there's no place likargh!e ♪ i'm trying... ♪ yippiekiyay. ♪ mom. ♪ >>> welcome back dow futures down 170 points. as we get ready to close the book on 2018, we're looking at some of the biggest market drivers and asking what might be in store next year let's focus on trade and tariffs. >> reporter: trade turmoil rocked the markets in 2018 you can bet it will continue in the new year first, china deadline drama. u.s. trade representative robert lighthizer leading the negotiations with beijing, and the two sides are facing a march 1st deadline to reach a deal at stake, u.s. tariffs on 2$250 billion in chinese goods and retaliation from china deal or no deal, expect plenty of posturing and lots of testy tweets along the way second, expect a rocky road ahead for the new u.s./mexico/canada trade deal. the usmca will need to get approved by congress next year so far democrats have been skeptical. they're looking for stronger

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. i'm sorry, i don't understand-king german) ♪ ♪ ignition sequence starts. 10... 9... guidance is internal. 6... 5... 4... 3... 2... 1... ♪ >> how did 5 1/2 years in a prison cell in north vietnam as for th presidency? >> i think it helped me define the principles that i already held. i think it gave me a better unders of the value of commit to a cause. amazing amazin grace ♪ ♪ >> i have never considered the united nations irrelevant. i think it's a unique organi an organizatio that can bring t togeth >> opening statement that those who as much as given and those that is required a lot have been required of the ke the wa ♪ >> at 12:52 p.m., the announ came. the court's decision on ending segreg was unanimo ♪ and i have had the privilege of meetin the press in many countr and i must say that i make it as much a matter of prayer as i do any sermon that i ever p >> you know, when we part we don't

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. and just like you, the further into winter we go, the heavier i get. and while your pants struggle to support the heavier you, your roof struggles to support the heavier me. [laughter] whoo. [crash] and your cut-rate insurance might not pay for this. so get allstate, you could save money and be better protected from mayhem like me. mayhem is everywhere. so get an allstate agent. are you in good hands? connell: all right. breaking news such as it is from washington is that things are not moving anywhere fast. we just gave you a quick update from capitol hill. earlier, they said they may not even get this bill to the senate floor to get voted on. currently in that procedural vote, the nays are outpacing the yeas. last time chad told us it was 43-46. they may not even get to vote on it. that's how it's looking. >>> want some good news, sort of? four shopping days to go, tomorrow, saturday before christmas, us

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. two... one... two... three... three... four... four... five... five... six... six... ignition sequence starts. 10... 9... guidance is internal. 6... 5... 4... 3... 2... 1... ♪ ♪ whose idea was this?! hi, kids! i'm carl and i'm a broker. do you offer $4.95 online equity trades? great question. see, for a full service brokerage like ours, that's tough to do. schwab does it. next question. do you offer a satisfaction guarantee? a what now? a satisfaction guarantee. like schwab does. man: (scoffing) what are you teaching these kids? ask your broker if they offer award-winning full service and low costs, backed by a satisfaction guarantee. if you don't like their answer, ask again at schwab. >>> we'll continue t see large fires. >> this year california endured its most destructive and todeadliest wildfires in h. that's saying something. multiple fires burned at once including wha became knowns camp fire whi

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. ♪ ♪ ♪ ♪ ♪ ♪ this holiday season, families near you need your help. visit redcross.org now to donate. stuart: no longer the lows of the day. theresa may may delay the vote getting out of the european union. she's going to have the brussels later this week apparently to get a slightly better term. ashley webster live for us in london. spell it out. how does this thing play out? were we going next? ashley: well, as you just said, the european union holding a summit on thursday and friday of this week and mrs. may will go there. choose brexit negotiator is already there at the brussels headquarters trying to lay the ground to get at least some concessions that will be enough to get her deal through a vote of the members of parliament, but it's not going to be an easy road by any means. i have a feeling that i don't have anything to base this on, but i have a feeling the opposition parties, liberal democrats in the scottis

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. >>> coming up more with guest host -- be sure to not miss our interview with john wiiallms live from the new york fed reserve. stay tuned, this is "squawk box," we'll be right back. [leaf blower] you should be mad at leaf blowers. [beep] you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. don't get mad. not long ago, ronda started here. and then, more jobs began to appear. these techs in a lab. this builder in a hardhat... ...the welders and electricians who do all of that. the diner staffed up 'cause they all needed lunch. teachers... doctors... jobs grew a bunch. what started with one job spread all around. because ea

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. hey, what are you guys doing here? we're voya. we stay with you to and through retirement. so you'll still be here to help me make smart choices? well, with your finances that is. we had nothing to do with that tie. voya. helping you to and through retirement. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. something is transforming and our world.. it's the longevity economy - americans 50+ driving 7.6 trillion dollars... of economic activity every year. right before our eyes, aging is unleashing exponential growth... ...in every industry. are you ready? we are. a-a-r-p is teaming up with business leaders and innovators... ...sparking new ideas and real solutions. so, what are you waiting for? whenshe was pregnant,ter failed, in-laws were coming, a little bit of water,

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. this is the ibm blockchain, built for smarter business. and then, more jobs robegan to appear.. what started with one job spread all around. because each job in energy creates many more in this town. whai tell clients, etfs can follow an index, but which ones target your goals? it's not about quantity. it's about quality. no trendy stuff. i want etfs backed by research. is it built for the long-term? my reputation depends on it. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. >>> jobs friday is here with trade tensions high and the fed in focus we'll find out what you should be doing with your money and get you ready for the opening bell >>> huawei's cfo gets ready to appear in a canadian court later today. what the decision could mean for the trade war wit

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. >>> let's get to the cme group and get the santelli exchange. hey, rick. >> hi, carl. thank you. i'd like to welcome a former trump transition economic adviser and current u.s. executive director of european bank for reconstruction development, dr. judy shelton. judy, thank you for joining me this morning. >> thanks for having me, rick. >> all right i'm sure you're aware of all the talk and activity since october regarding not only domestic markets but global markets what do you see as the several largest reasons why there's so much volatility and nervousness with regard to markets >> well, my first job out of college was a stockbroker so i learned a long time ago that markets can be unpredictable and anyone who thinks they can explain why they're going one direction versus another is faking it a bit. i think there's a serious disconnect between the behavior of financial markets and the underlying real eco

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. neil: it looks, i stress looks,ter reese say may survive a no confidence vote. see what i did there? i used her -- ashley webster in london. ashley, how does it look? it is close but what do you think is going to happen today? did you get my theresa may thing? ashley: yeah, that was plane embarrassing. i will carry on, neil. she is giving the speech of her political life behind me in committee room 14 where she addressed mps, basically said, hey, listen i will not lead this party into the next general election but keep me in power so i can get the "brexit" deal across the line. hoping by saying i will step down before we get to the next general election. stick with me now so she will get enough votes. that voting begins in about 18 minutes from now, we'll know three hours from then, whether she indeed has survived this vote. if she has, then she rushes off to brussels tomorrow to get a sweeter deal on the

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. >>> welcome back to "power lunch" a check on the markets now. we did hit a session high of 18 8 points to the upside we're up 107 on the dow. it's good for about a half a percent gain the s&p 5 shurks up by 15 points leading the s&p now is general electric, applied materials, nvidia your laggards are oil and gas, united rentals take a look at tesla those shares are moving higher after naming larry ellison and kathleen wilson-thompson to the board. tesla shares are up 5.25%. >>> here is your news now. violent protests broke out to in the democratic republic of congo after certain areas were excluded from voting in presidential elections they announced on wednesday it cancelled voting for sunday's election in opposition strongholds because of the ongoing ebola outbreak and malicious violence activists claim thousands joined in demonstrations in a string of neighborhoods across the pseudonews capital calling for a long time president to step down 19 people

powered by ibm blockchain. when you understand the potential of new technology, you can put smart to work. wat t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. . . david: breaking news from vancouver where that huawei cfo was arrested by canadian authorities at behest of u.s. authorities is at a bail hearing right now

this is the ibm blockchain, built for smarter business. built to run on the ibm cloud. >>> welcome back to "squawk box. on this week's agenda, today mario draghi speaks in italy tomorrow china's president xi jinping will give a closely watched speech in beijing. then on wednesday we get existing home sales and find out if the federal reserve will hike interest rates then on thursday there are policy setting meetings by central banks in england and japan. friday we get the third read on u.s.gdp in the third quarter if congress doesn't act before then, yes, there will be a government shutdown at the stroke of midnight >>> in a volatile couple of months for the markets as we've been covering. with just ten trading days left this year, wall street looks to be doubling down for 2019. cnbc's senior markets commentator mike santoli joins us who's positive >> strategists in general are positive david kostnik says the s&p is 3,000. that's up 15% from here. what's interesting to me is the strategist math. one year ago s&p was at 2650, we're at 2600