Afternoon. The fbi secretly arrested an nsa kr contractor for stealing contract materials. He worked just like Edward Snowden. Another black eye for the firm and shares are moving slightly lower. We have details on what was allegedly stolen and the potential fallout here coming up. Meantime, salesforce. Com is reportedly getting more serious about this bid for twitter. Shares of both stocks moving in opposite directions, although there has been a comeback of sorts for twitter. Jim will get more on this. A possible bid for twitter by it sales force. The weaponization of finance. Thats when countries like the u. S. Use the power of banks to impose its will on other countries. Ian bremmer will explain the risks of this strategy. Its a lot to think about. Hes calling it after the gzero. Youve got the imf meetings tomorrow. This will help get us in the mood for global conversations. Lets start with western crude at 50 a barrel. Plus this discovery, more oil off the coast of alaska. Jackie d. Has more for us at the nymex. The high was only 3 cents off. The technicals really driving this trade right now. Of course, we do have some support from the opec deal and the number. Usually the trend will break through, even if its only briefly. It didnt happen today, but traders still think its possible. How long can we stay at this 50 level . That is the milliondollar question. Many people say were going to be rangebound for the rest of the year with this being the high end of the range. Remember, we could take another drastic dip down into the 30s. We did do it last year going down to nearly 26. Thats when demand dropped off. Some people are concerned that opec deal just might not materialize at the end of november, so thats something we have to watch for. Finally you mentioned that discovery in alaska of oil reserves, that would boost the states production by 40 in the future. This is just one of those examples. We were very concerned about oil being a scarce resource in this country, and now we find ourselves to unlock all these, we could potentially see Oil Prices Continue to stay low, even lower than where they are. If we dont get the demand up to churn up the supply, and we keep poaching, its not going to balance out. Back to you. Its good if we can. You said highs for the session. Sergeant gill foil, and Rick Santelli checks in from chicago. You know what . Im going to start with r. J. , and youre the fixed income and so do stocks. We have this sort of what do you see going on here. I think starting a couple years ago, looking to push our yields a little bit higher. Then today we had sochl strong data. A nice bounceback in the u. S. Economy, affirming the growth path is certainly going to be well above 2 . With that yields are heading higher and they expect in terms of other fed officials going forward. So, saerj, tapering used to be a really scary word for the markets, this prospect of federal income tax hikes and better data used to be her blessing to the fed to go have them make a move. Oil stopped at 49. 95. Which is the tech level rkts it cant be put tonight. Going back to the other so i had of question, the two ism reports were very, very promisely. The manufacturing and the nonmanufacturing sides. Ism. This friday we have the jobs report, next week we have retail sales, next week efrl, then i think the fed is clear to go. I dont know if theyll go in november, but i think if we look like we these products rkts. And now we get to rally in stocks. What do you make between the interpersonal relationship and fixed income today . I think the fish market has issued remembered. Sometimes those types of confer mon danes move have to make. In terms of stocks, i think thats pretty clear f. But what short memories we have. This is the problem with near termism, especially when it comes from the top down. Last month was 51. 4, the lowest level since february of 2010, okay . So really theres nothing new. We ebb and flow on data. You take a step back, nothing has really changed with regard to the glide path. I look at forecasts from the imf. Theyre about as accurate as we see from our fed. But the one thing i found curious is how the u. K. Versus the eurozone in its entirety for growth next year, that spread is not very wide. What that tells me is they completely miss the dynamics there, and i think all of these are important issues, but at the end of the day i think stocks are doing well because i dont think anybody soersly considers fred making a move in december. Whats going on in treasury isnt because the economy is on fire rkts but whats left of the fixed income gas. A lot of good points there. R. J. , how is the market position for the jobs report on friday . Well, over the long haul, the market has gotten much closer to neutral. Positionwise, its not too surprising, then, whether its news r there at the jobs report on friday. Someone neutral in his positioning needs to move and react to the data. I agree weve gotten focused, but many forecasts from the fed to the imf to the private sector about gdp rates is proven to be wrong. With the rumors coming across. I wouldnt be surprised to see an upward bias to meals today as long as the date at reflects it. Youre a lot on the gord those poll odds. Is. If, there is a chance, maybe not in the last hour or so, but we can go to 21. 74 real quick, maybe within a day or so. Thank you, guys, so much. Appreciate it. Now for the deadly hurricane making a beeline for the southwestern u. S. Mccoy is in a walmart in miami with the latest on the storm. People are probably stocking up, blake. Reporter from everything from batteries to flashlights, even wood to board up peoples windows. This is happening from here in miami all the way up floridas coast and into the carolinas as this storm looks like it will brush light. Right a lodge. The governor has ordered evacuations and president obama is urging tho those. If there is an Evacuation Order in your community, you need to take it seriously. We anticipate that not only is there still a chance that the core of the storm strikes florida and some of the states further north, but even if you dont get the full force of the hurricane, we are still going to be seeing tropical force wind, the potential for storm surge and all of that could have a devastating effect. A major concern with those winds is, of course, not only the damage to homes it can cause but also to power lines. It can knock power out very easily, and it will be quite some time before power can be restored in the milgd of a storm, obviously crews are not be enough for the storm. Get enough at this power, they are cancelling all flight, but after tomorrow, there will be no flights in and out of miami, and this is a major hub for them. Guys . Before you go, i heard at least two counties in florida, theyre mandatory evacuations. The rest are ont, or are they expected to make them mandatory in the longterm or shortterm. We heard a similar thing from governor nicki hail hell. Many. Look at it as an evacuation and get out. A lot of these people have been through these before. Blake mccoy in. The dow, a pretty good balance after those two down days we had so far. Coming up, mad money potential bid for twitter. Jim joins us with the highlights and whether he actually thinks sales force and twitter will make a good fit. A lot of companies, apparently, are a good fit with twitter. Another black eye the fbi arresting an ntsb contractor stealing. We will speak with a accident tent pochlt. Cnbc, first in business worldwi worldwide. Amazon launches a new benefit for prime members in the u. S. Its called prime reading. Its a service that provides access to more than 1,000 kindle books, magazines and comics at no additional cost. In fact, users dont even need a kindle ereader or fire tablet as long as they have the kindle app on their ios or android devices, citing amazons prime membership service, Morgan Stanley and suntrust are raising their price targets on amazon stock to 950 and 850 a share, respectfully. Another Samsung Phone overheating and putting out smoke on a plane. Josh lipton has those developing details. What happened, josh . So, sara, more bad news for samsung here. A Samsung Galaxy note 7, the very kind of smartphone that was recalled for overheating batteries reportedly started smoking on a Southwest Airlines flight. That incident happened this morning, apparently forcing the evacuation of that flight while it was still on the ground at Louisville International airport. There was smoke in the cabin, but nobody was injured. Now, there is some conflicting news right now about the phone causing these problems. The owner of that phone is telling nbc news that it was a replacement galaxy note 7, but samsung in a statement to cnbc saying there is no evidence that this incident is related to the new note 7. We are working with the authorities and southwest now to recover the device and confirm the cause. We have reached out to samsung and will bring you that reaction if and when we do get it. Guys, back to you. Thanks, josh. And thats a replacement phone. Right. Justin, in the middle of a time when theyre already in damage control over this massive crisis. Interestingly, the shares are back to the highs of the year. Well have to get to the bottom of this before its over. Our next guest says politics as we know it is over. And now hes calling on the National Monetary fund to turn its course toward politics for the First Time Ever in order to combat a rise of what he sees as unilateralism and the use of Financial Leverage as weapons. With us now the president of the eurasia group, ian bremmer, who just spoke to the fed. Ian, good to see you. Good to see you. Were all going to d. C. For the fun tomorrow. You guys are. Ill stay here. Heres the problem. The imf typically does not get involved politically. Even now, for instance, christine le guard weighing in on trade. Theyre careful not to make it a global issue. Weve dealt with the sort of big recession, the financial crisis in 2008. But the geopolitical recession is really just picking up steam. Tha thats about a lack of global leadership, its unilateralism of everyone else, the antiestablishment tendencies were seeing makes it difficult for them to do their jobs. If theyre not able to address the politics in their mandate, then they wont be fit to create the kind of stabilization we desperately need from these organizations. If they wont do it, the chinese is more than happy to pump a bunch of money into countries, but they wont have the stamina that the imf was created to support. You said the cooperation that has existed since world war ii is starting to dissolve right now. Were seeing that. How does the imf deal with that. They are, in essence, a political body. How do they deal with the politi politics . Right now they deal with it behind the field. Christina leagarde said they ned to recognize that political instability and the changes in the political order are going to directly undermine their mandate. If theyre not able to comment on that in the same way they comment on a country which is not putting policies in place that will allow them to grow or meet the imf mandate, youve got challenges. Right now theyre trying to fight with one hand behind their back while other actors are much stronger. When donald trump says putin is stronger than obama, of course, he is, hes a dictator. The fact is if other institutions around the world are able and willing to bring everything to bear, to actually make economics work for them, then americanled institutions have to do the same thing, and the imf has not had that capability. But the imf is not necessarily an americanled institution. Yes, it is headquartered in washington, d. C. , but the way the fund works is that many different governments around the world put money in, and they have to please their parties that are members and that are funding them. In fact, congress has held up money for the imf for a long time now. So how can the imf go about picking sides when, a, its not an elected body of officials, and b, they cant have loyalties because all the members pay in. The imf is not an americanled institution. On the other hand, it was created by the United States and has a series of values that support liberal democracy and westernbased free markets. Now, no question in a world where the chinese and other emerging markets are a bigger part of the Global Economy and theyre paying more in, they need to have more of a say. So the imfs mandate is going to have to represent less of those western values than it has historically. But you cant allow the imf to become the g20 where whenever they meet, they accomplish almost nothing. The imf has to get things done. Are they on board with your idea . They asked me to do it. It was precisely the fact that christine and david lipton, number one and two at the imf, realized they did not have a political mandate. They said, can you put together a pamp for per for us and well around and talk about this. And the paper is called after the g0, overcoming weaponizati weaponization. Another good conversation is tapering in policies. About 45 minutes left to go here before the closing bell. Triple digits on the dow, 119, s p 500, 44 . The nasdaq,. 50 . Sara kelly talks to jeff osher. That will be coming up in a minute. An nsa contractor steals government secrets when the closing bell comes back. Lets send it to kate kelly. Shes out there exclusively at a conference by jeff osher. Its all yours, kate. Its great to be here with jeff at his First Ever Television interview. Welcome. Thank you. This is a really challenging market, but youre up 6 since june 30 which is better certainly than the average hedge fund and better than s p by twofold amount. Tell us how youre doing it. Were not doing a lot differently than what weve done the last 11 years. Were faux very focused on idiosyncratic ideas. There are very companyspecific ideas that have nothing to do with gdp linkage on the long side, and there are a lot of smaller, midcap names that we feel have holes in the Balance Sheet that we continue to focus on in the short side. Typically you tend to run twice as many short positions you do long. The fund ifrtself is disciplined around a market approach. With the longs typically being two times the size of our average short, and the net effect is a Market Neutral approach that insulates us from the volatility of the market. One thing youve done, its not a short thesis, its a long one, but green dot, the prepaid card company, you called for three new Board Members you were suggesting, two new directors, the ceo is still in place. Whats your next move there . I need to be somewhat sensitive here but i think there is Unfinished Business at green dot. This is a franchise that has assets that could be unlocked to world class leadership. The board, i think, understands the referendum that shareholders unequivocally delivered with only 20 of all shareholders voting for the ceo. There are two paths here. The first path is to replace the ceo. And there are reasons that we would support the board choosing not to take that avenue. The Second Avenue is to allow a strategic or financial buyer to try to maximize those assets. At this point based on conversations were having with the board, we think the board, the new board, the newly constituted board, understands what the fiduciary duties are and has real reputations, and we think theyll ultimately do the right thing here, which is a change from what we thought would happen three to six months ago. Okay. One last question because i know we have to go in a moment. Im curious because you went for gold. How do you feel about gold now . Some people like it as we enter a field of volatility, partly because of the new president ial decision . How do you feel about that commodity . I dont have much of an opinion on gold. We have several mining shorts in canada that hedge out that commodity risk. A marketneutral philosophy, again . Yeah. Barrick gold have taken 2. 5 billion out of our cost structure and its a very different entity today than it was when stock was trading at 3 times book valley 12 years ago. Maybe ill follow up with you afterwards and well be bringing you guys many more details from this afternoon later today and tomorrow. Thanks so much to jeff osher. Back to you, kelly and billy. Heres whats happening at this hour. Floridas governor rick scott says that state could be facing its biggest evacuation ever, because Hurricane Matthew is threatening almost the entire Atlantic Coast of florida. American airlines cancelling all flights arriving at miami beach, ft. Lauderdale on flights after 4 00 p. M. Taliban and Afghan Forces continue to battle. Before the taliban were beaten back by Afghan Forces with the help of u. S. Airstrikes. Safety regulators investigating complaints that side airbags on some Nissan Versas can inflate if the driver or passenger doors are shut too hard. The recall covers about 155,000 cars from the 2012 model year. And the first jet pack flight in the uk took off today. There he goes. A former australian commercial pilot, an inventor of the jb10 jet pack reached 400 feet in flight. That would help with london traffic, i would think. Bill, you need that coming in from new jersey. Youre going to get to la guardia tonight. We all could use that at various times. It looks beautiful, actually. Nice, slow ride. Thank you very much. See you later, sue. Although you would get helmet hair. We couldnt have that. 20 minutes left in the trading session. The dow up 120 points. We have a leading trader telling us what hes watching. A major force could be a bid against twitter. What are the odds an actual deal here gets done . Well, our very own jim cramer just spoke to sales force ceo about it and hell tell us in a few moments. We enable you to reach global marts and drive forward with broader possibilities. Cme group how the world advances. Then smash it into a tree. Your Insurance Company raises your rates. Maybe you shouldve done more research on them. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Just one of the many features that comes standard with our base policy. Call for a free quote today. Liberty stands with you™. Liberty mutual ins