Tim Sweeney News Today

Good wednesday morning welcome to squawk alley. Im john for the with caro quintanilla and Julia Borstin well start with apple, a cost cut for Small Developers josh lipton breaks down the news for us. Here is how the new program is going to work its called the App Store Small Business Program it launches on january 1st and it does represent a big change here. Developers earning up to 1 million during the Previous Year will now be eligible for a commission of 15 on paid apps and inapp purchases, a...

S p by 11, nasdaq up by about 42 there were a few areas of the market yesterday that continued to outperform including the small caps russell 2000 coming off an alltime intra day high. And then there is the khodow trs trading at a record high and right now it looks like the ten year is yielding just about 0. 8 the transports a lot of times, they are an early indicator of what is to come, but maybe more difficult to glean what is happening this time given the overall virus situation. Yeah, it is ...

Comprehensive assessment of the future of the department and the need to reshape the [indiscernible] around emerging threats. It went like this morning. I encourage you to read it on our website. Today, i am thrilled to a discussion on the future after the future of dhs, emerging threats and the american public. I am joined by two esteemed guests. The creator, writer, and director of call of duty black ops, steve anthony. Max brod. You two are some of the most creative people i know. You both sp...

Intends to bring a deal to the white house by september 20, the official deadline date. Joining now to break down the week that was is abigail doolittle. Volatility volatility volatility. Walk us through the week that was and how might next week be different . Volatileeek was very and choppy. Up and down, a real roller coaster. At the end, it was a down week and today was especially choppy. Earlier, it felt as though the bulls were trying to take it away then the bears stepped in. The s p 500 up...

Consumer sentiment levels rising slightly there are some signs momentum is faltering. Corporate america making big layoffs. Underlying the wall street main street divide. 59 minutes left in the trading week s p 500 set for its sixth Straight Record closing high 7th day in a row of gains and 5th week in a row of gains coming up in a few minutes. Were going to speak with James Bullard about this weeks major fed policy shift the strength of this recovery, washington stimulus stalemate and much more...

Both companies app stores. We will get into that. Check this one out. Joe biden calling for a nationwide mask mandate for all americans for three months, even if you are alone in the park. Then he takes no questions after announcing that plan. We will get into all of it for you and it is time for friday feedback which you still have time to send in your responses. Email us, varneyviewe varneyviewers foxbusiness. Com. We may read your email if you send it in now. An epic three hours ahead. David ...

We will be joined to talk more about that. But first, lets talk about the market. Abigail doolittle is with us. On the back of a big speech by joe biden last night that has been largely wellreceived, even some republicans saying it was successful. Abigail indeed. Probably not too much influence in the markets today because earlier today on the open, really small moves. It was as the day got going that the gains continued, especially for the tech stocks on the day. A real head scratcher because w...

Giants thats benefited from more money in american wallets earlier this year. For more, i want to bring in abigail, whos been following all the action in the s p. A big day, catching up to the nasdaq. Tech is helping. Abigail we have this record high. Market watchers have been waiting for the s p 500 for a week very closely. The nasdaq has been hitting record high after high. Tech, especially with amazon and other tech names, really driving the gains for the s p 500. Morning the this s p 500 bri...

Squawk alley. Were going to begin this morning with literally an epic battle royal they are claiming anticompetitive behavior after launching a new way to buy accessories giving users a discount but cutting out the app store in the process this, of course, violates the terms of both app stores that take a 30 cut of digital sales. They both removed fortnite as a result epic games responded with lawsuits and a parody of apples famous 1984 ad platform unification directives for years they have give...

The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home dep...