Why our traders are all sour about one iconic American Brands new name for its spinoff. Theyll corn pop off. What kelloggs did today. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, dan nathan, and guy adami. We start with the unstoppable rise in rates. 4. 7 for the first time in 16 years. It hasnt closed above that level since august 2007. Longer term bonds rallying, with the 30year hitting its highest since 2010. The move taking a hit on ratesensitive stocks. Look at the utility sector, seeing its biggest drop in three years, falling to levels last seen in june 2020. Aea, nisource leading the losses. Can rates keep going higher from here . What impact can they have on the markets . Today was sort of guy . Meh . Its actually today was actually impressive from the markets. Again, given the fact that the s p rallied back, closed unchanged. You have to give it credit. To answer your questions, i think rates can continue to
Dylan will let us know. As 2017 comes to a close, were taking a look back at President Trumps first year in office from his tweets, his accomplishments and everything in between. Later, willie takes a look back in a year in sunday sitdown from actors, singers, entrepreneurs, even president. We have a lot of people from both sides of the aisle who dig this show. They all think were making fun of the other guy. Its nice to be the guy known for making songs people kiss to, dance to. Maybe we could make one to make you happy. Talk about freedom of the press or immigration reform, i dont do so to criticize anybody. Those sunday sitdowns just ahead, but lets start this morning with our top story as we get set to ring in the new year. Security will be tight across the country, but perhaps the biggest challenge will be beating the bitter temperatures gripping much of the nation. Anne thompson is in New York Times square. Reporter theyre closing off the street from New York Times square. This i
Dylan will let us know. As 2017 comes to a close, were taking a look back at President Trumps first year in office from his tweets, his accomplishments and everything in between. Later, willie takes a look back in a year in sunday sitdown from actors, singers, entrepreneurs, even president. We have a lot of people from both sides of the aisle who dig this show. They all think were making fun of the other guy. Its nice to be the guy known for making songs people kiss to, dance to. Maybe we could make one to make you happy. Talk about freedom of the press or immigration reform, i dont do so to criticize anybody. Those sunday sitdowns just ahead, but lets start this morning with our top story as we get set to ring in the new year. Security will be tight across the country, but perhaps the biggest challenge will be beating the bitter temperatures gripping much of the nation. Anne thompson is in New York Times square. Reporter theyre closing off the street from New York Times square. This i
Proof. Police tracked down adama by extracting location data from the pictures. Detectives found him across the street at another apartment complex. Neighbors are appalled. I hate it. Its not right. I think its a disgrace. Making me uneasy. Theres nothing we can do. Reporter police served a search warrant on adamas apartment and searching through recording video. He lived in at least three or four different apartments in the last year. All the apartments were lived in by multiple other people. Reporter police tell us adama does not have a criminal history. Hes expected to make his First Court Appearance tomorrow. Video also played a role in a case against three San Jose Police officers convicted of hitting a construction worker 15 times with her batons. The lawyer for polynno posted it on youtube, claiming the rookie officers using Excessive Force against his client in 2015. Well, today a federal jury agreed and awarded polino 350 in damages. The City Attorneys Office is paying an addi
Invisible armies. And steven moore, senior Economic Advisor to the trump campaign. We have a lot to talk about tonight. Weve just passed the six month in office. And you write this. You say trump would have a lot more success if he acted a little more president ial in the oldfashioned sense but that is something he is evidently incapable of doing no matter how long he stays in office. So max what pushed you to write those words this week and do you think the white house is in chaos . Its pretty obvious the white house has been in chaos since day one and has been that way. I wrote those words in response to the incredibly inappropriate speech. And he began with an incredibly inappropriate speech to the cia in front of the wall honoring cia officers who have died in the line of duty. People are saying thats just trump beginning his presidency he doesnt know what hes doing. Hell learn. Its six months in and he gave that inappropriate speech to the boy scouts, bragging about his political