China, which has chinese stocks bouncing today weve also got another big announcement as well dont miss the debut of a new segment here on closing bell today. The market zone is coming up into and after the close well bring you the stocks and stories every investor needs to know and it will look a little different as well. Joining us for the hour is mark tepper from Strategic Wealth partners mark, thanks for being here. Thanks for having me. Looking at the dow today, were up 154 points. The s p is also hovering right around 2980, it looks like a decent last day for the month of september as we head into these final three months of the year, what are you watching the most closely . I think the biggest catalyst right now is a potential trade deal all eyes are looking on this meeting next week between the u. S. And china, because if you think about it, its really, really difficult for ceos of publicly traded companies to execute on their growth plans if they have no visibility as to what
Rosengren. And speaking of the fed, yes, there is more. We have an exclusive interview coming up. Loretta mester is the president of the cleveland fed right after the close. Joining us for the hour is charlie with aerial investments. Was this a big sigh of relief after the data from earlier in the week yeah, you know the markets was really nervous about a recession. Thats the conventional wisdom in the market. Theres a lot of evidence that bulls like me keep pointing to that were not, but you can see when we get even a soso number, the markets react very positively Services Growth is slowing and thats the point of contention right now, is does the manufacturing upset bleed into the consumer . And it does, you have a problem. You had a very strong wage growth its not even the fact that unemployment is going down, its that people feel secure in their job. Its a tight job market. People are not worried about losing their job theyre spending more and were still 70 of consumer economy. If t
Weekend. These are just the latest in the slew of restaurants closing here in the bay area as the industry is force today adjust to changing times. New at 10 00, Jana Katsuyama is at dosas in the city where customers were having one last meal. Jana . Reporter thats right, there were a lot of sad people who didnt want to see this leave, but they plan to keep the other locations open. They just couldnt make the numbers work here with the changing times in the mission district. The line was out the door at dosas if valencia. Patrons wanted to say goodbye. The owner says the price of doing business here was too high. Labor costs have increased for higher minimum wage, health care, and other benefits that also ate into his bottom line. The big thing is labor at 30 , 32 . Labor costs is an alltime high. And then we just got to the point where there were so many restaurants and so much competition that with all those compounding things, people are living in this industry. Reporter at jack lon
National day. And winter in september. Recordbreaking cold sets in in the northwest where four feet of the northwest where four feet of snow blanketed a town. Captioning funded by cbs good morning from the studio 57 newsroom at cbs headquarters here in new york. Annemarie green is off. Im laura podesta. E impeachment inquiry into President Trump is moving forward this morning. Democratic leaders want to act quickly to avoid losing momentum. The chairman of the house Intelligence Committee, adam schiff, told 60 minutes they plan to subpoena documents from the president s attorney, rudy giuliani, as soon as today. A new cbs news poll found more than half of americans approve of Congress Decision to open the impeachment inquiry into the president. Marc liverman is in new york. Marc, whats next in the impeachment probe . Reporter good morning, laura. Hearings and depositions are scheduled for this week. This as the Trump Administration continued to question the whistleblowers motives. Hous
Undefeated in the nfl and the cowboys arent one after a nail biter in the bayou the highs and lows from week four early today starts right now good morning im gigi stone woods. Good to be with you im Frances Rivera a new inquiry on capitol hill. House Intelligence Committee chairman adam schiff is hinting that new subpoenas could go out as early as today, even with congress on a twoweek recess. The members most focused on impeachment will remain in d. C. Through the week at the white house; President Trump is mounting a fiery defense, lashing out with nearly 80 tweets throughout the weekend. Last night, directing his ire at the whistleblower, saying, quote, i deserve to meet my accuser, and that he wants him questioned at the highest level for fraud and treason. The president also adding he wants to meet not only his accuser, but also the person who gave the information ending with was this person spying on the u. S. President big consequences. Meanwhile, a cbs news poll finds that the