Chelsea clinton makes the case her mom is destined to become madam president. That is who my mom is. Shes a listener and a doer. Shes a woman driven by compassion, by faith, by a fierce sense of justice, and a heart full of love. And hillary was the headliner, but donald trump stages his own aftershow launch ago twitter of saying this about dnc speakers. I was going to hit a number of those speakers so hard, their head would spin, they would never recover. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. In accepting the democratic facing a moment of reckoning. Last night, it was a historic moment. The first woman nominated by a major party for the Nations Highest Office painted herself as a steady leader. She said donald trump is unfit to hold the office. Jamie yuccas is in philadelphia. Jamie, good morning. Reporter good morning. You can see behind me, the big cleanup is well under way right now. But before t
Announce its new smaller iphone. The move comes one day before the apple and the sei meet in court. Lets head straight to the market desk where julie hyman has been keeping and i. Julie breaking economic data. An annual pace of 5. 0 8 million. It had the sales of previously down homes in 2007, coming at a threemonth low. Sales lower than the most pessimistic forecast in the survey of economists. It probably will not affect the large portion of trading. The company is coming out in making a number of announcements , saying ceo mike pearson will be stepping down today until his placement is found killed found. Be ono of valeant will board. To tender been asked his resignation and it sounds that he has not yet done so. Valeant said the companys placed onptroller administrative leave. All of that said, shares right , aroundhigher by 13 quite a bit this morning, mostly rising after the opening bell. We had in tracking the story over the past year, a number of different challenges accounting
Im sara eisen. And im wilfred frost. Good morning to you from me as well. And happy friday. Lets have a look at u. S. Futures. Sharp declines. Over 1 in the dow. Expected to open slightly positively. Essentially we are flat in the pre market but called higher by 4 points. And the s p by 1 and the nasdaq by about 17 points. Lets look at the 10 year treasure note. Yields ranging around 1. 7 and 1. 9 over the last three weeks. Chinas central bank fixing its currency t yuan higher. In fact at the sharpest pace since 2005 when china removed its peg to the u. S. Dollar. There have been huge swings in currency all week long led by yesterdays massive jump in the yen. How did i miss that . A 3 move in the yen. Bank of japans surprise decision to do nothing and leave the Monetary Policy unchanged. And of course the big importance is the chinese currencys depreciation in the beginning of the year that was spooking markets and its gone the other way and that is calming. The dollar index, dollar br
Next case, could it be republicans edging towards a trump candidacy . 16 congressmen now openly support limb and ted cruz, john boehner says hes lucifer and one says that gives lucifer a bad name. Amazon firing on all cylinders and stock goes up 70 a share. Amazon and facebook together, the rescuers of technology. Will you look at this . Trump holds a rally in california. The left riots, on prominent display you saw it. The mexican flag, who exactly who brings violence to americas politics . Varney company is about to begin. With the devil the song is running with the devil van halen. Why did we play that . Because john boehner called cruz lucifer in the flesh. Might they rally around donald trump . A political shift may be starting. For the market, it opens down in a few minutes time. Remember, it was down 200 yesterday. Here is the real focus on the market today. Stock of the day, amazon. Most profitable quarter ever. That thing will be up, what, 65, 70 at the opening bell. Poised fo
Exchange. David faber is in los angeles. More from david in a moment. Meanwhile premarket steady ahead of busy week of earnings. Nikkei takes a spill overnight catching up to the yen and Oil Steady Near 46. Our road map begins with Warren Buffett speaking out in omaha. Were going to bring you highlights, no deal for halliburton and hughes calling off their 28 billion merger. And simon hobbs live from cuba on a Carnival Cruise ship. First up buffett weighing in on the markets, fed and earlier this morning on cnbc. This is what he told becky about the president ial election and the economy. If you ask me whether electing the wrong president can permanently damage the u. S. Economy, the answer is no. I mean, weve had 44 president s so far. This country will move forward regardless. And theres no need to make America Great again. America is greater than its ever been at this point, but its going to become ever greater. Talked about koch, talked about ibm, talked about jeff bezos, called hi