In just a few minutes. But first, the rest of todays agenda, earnings central will be hearing from General Motors, nbc parent comcast, chrysler, corning and sodastream, all before the bell. This afternoon, we have visa, facebook, comcast, kraft foods and many others. On the economic front, the fed wraps up a twoday fomc meeting in washington. This is a policy announcement set tore 2 00 p. M. Eastern today. The central bank is expected to maintain its massive bond buying campaign. Fed watchers say ben bernanke and company may point to softer readings on the economy to signal that the policy will be extended into next year. As for the other items on todays economic agenda, the october adp employment report is going to be released at 8 15 eastern time. Its expected to show 150,000 private jobs were added this month. The whisper number, though, is below that. Well see what happens. Coming up at 8 30 eastern time, we have the september Consumer Price index. It was delayed by the Government Shutdown, but it will be hitting the tape today at 8 30. The futures this morning, you can see right now, are indicated higher. Dow futures up by about 55 points. S p futures up by close to 6 1 2. Andrew, back over to you. Welcome back. Thank you, becky. Its nice to be back. We have Corporate News this morning, the big one being jpmorgan and the Justice Department reportedly hit a stumbling block over that 13 million settlement over the mortgage bonds weve been talking about for the past two weeks. The two sides are set to be arguing over whether mistakes to be paid by washington mutual. Jpmorgan saying that the fdic should be on the hook for that piece of this settlement, worth a couple billion dollars. And those talks are continuing. Well see how things play out over the next couple of days. Also playing out over the next couple of days, sac capital will reportedly plead guilty to securities fraud with federal prosecutors. The deal expected to be announced by next week, if not earlier. And the final details are being finished quite quickly. The wall street journal says steve cohens firm will agree to stop managing outside money and to pay the government criminal penalties of 1. 2 billion with a quick note there, steve cohen will remain under criminal investigation personally. However, theres an expectation that no case will be brought against him individually. Nelson peltz spun off pepsis Beverage Business and merged its snack business creating a 70 billion snack food giant. Finally, china mobile has put an advertisement on its website for the faster 4g network. This is raising expectations that the deals between the largest carrier and apple may fine finally be announced as early as next week. And if you are getting ready for the twitter ipo, check this out. Twitter is getting high marks from Institutional Investors would net with executives on the road show this week. Investors say they are optimistic about the social media sites ipo and see little sign of the irrational natural exuberance from last year. Speaking of twitter, if you got on the site this morning, theyre showing visual mete media directly within the twitter time line. In the past, you had to click to see the tweet, to see that embedded multi media. But now theres a lot of images, which means they can sell ads more easily. Im going to go there. Twitter . Youve heard of it, maybe. Youre on there, man. I know. Joe, squawk, which is it . I dont know. Yesterday someone asked me and i said it was squawkjoe. But im joesquawk. Very important to me. Stocks to watch today, linkedin posted better than spented results. The social networking company, issued a conservative revenue forecast for the he of the year. That dampened the sizzling stock price. 247. 239. Down eight from where it is right there. And you can call cnbc to attempt to get your own obama Care Insurance here, if you want. Weve got some of the same people working on thats a glitch, isnt it its a glitch. I dont understand why you would ever want the market close when theres been trading after that. Apparently its the way the system is set up. Weve asked about it, but i see it. I see it, andrew. Do you see the glitch . No. I see a big picture on my twitter feed. Of . Im not going to say because its weird. I dont know who this is. An advertisement from a site called hiscox usa. And then it says small bis and its an advertisement on twitter. Why anyone would have a company like this, i dont know. But its the very first thing that comes up. Isnt that weird . Theres a cnbc tweet here. And than a fortune pag zeeb tweet and then i dont know what that is. Promote by it looks for real. Its a nice picture and everything. Is that how they make money . I dont know. Weird, right . Your eyebrows are dark today, man. What . Look at those things. Its not halloween. Theyre darker than normal . He doesnt put anything on mascara is for your eyelashes, not your eyebrows. Oh, theyre beautiful. Thank you. That is creepy. Its just a fly. Im not going to swat at that. Anyway, yelp, a loss of 4 had. Share price was expected in that stock, wow, in that case, becky, it looks like it has the right. All right. Oh, because its ticking this morning. Thats what it is, right . The glitch is if it hasnt traded this morning, then it reverts back to yesterdays close. Okay. Take two actors ennings. Finally, Electronic Arts posted betterthanexpected earnings in revenue. Expecting lighter than expected goois guidance for the Current Quarter. Shares of Buffalo Wild Wings posting Beat Estimates as an extra week. I was wondering why. An extra week of big sporting events to entice more customers to visit its restaurants. They sell lots of beer. They have every game on in most of those places. And Western Union reported a 20 fall in quarterly profit. The face of increasing competition and higher regulatory expenses. Those shares dropped in after hours trading. And online photo shares service shutter fly forecast Current Quarter results below analyst estimates. And the shares dropped on the news. You can see there. Dreamworks reported results ahead of estimates helped by a strong pay tv showing of lines of the guardians. Lets check on markets yesterday. Great new highs and continuing today. Qe is a beautiful thing. The s p is closing in on 1800. Wow. Closing in on 1800. Lets check out the oil pictures. Does it bother you that on the wall street journal they wont butt the s p. They put just the dow and the nasdaq across the top. And the people at s p decide whats in the dow now, right . Lets look at the tenyear. 2. 49. 2. 49, below 2. 5 again. Dollar, we still need some work here on that. Euro, 1. 3761. Finally, gold we didnt really do that story yesterday, but some Central Banks arent nearly as positive on gold as i think russia sold some and it had been responsible for Something Like 30 of the gold that Central Banks bought since 2010. So a turn around. Let us at this point get to the Global Markets report where Ross Westgate is standing by in london. Were in that weird week where we broadcast squawk box at 4 00 a. M. Over here. Some other version of squawk box, kind of a knockoff. But because of some daylight savings time something that doesnt work over where you are or something. No, we moved our clocks a week earlier than you have. Were now back on gmt here in london as opposed to our british summertime. So theres only four hours left between us. Why do you do that . You pathetic types over there, you want to be first at something and this is the last bastian of thats whats happening. Weve moved our clocks before you guys did. So what time is it there now . Is it a fourhour difference . Its a fourhour difference. Normally its five. So if anybody is flying, you have to work that out. Okay. Yeah, were closer. This is nice. Its knight nice to foal closer. And i like the spining stuffer now, right, ross . They did the eavesdropping and gave it to us and then they got mad at us for letting it out that we had it, i guess. I dont know. This story, im losing interest quick my, ross. Im sorry. Yeah. Its already moved on over here. Weve so the stopped worrying about that. Okay. Anyway, so weve sort of moved on. We are on equities, joe, ahead of the u. S. Open today. Nearly 7 to 3 on the Dow Jones Stoxx 600. Two hours into the session here, and this is where we currently stand with the ftse. It was up 49 points yesterday. Just about. Up another 33 today. Xetra dax is up 0. 3 . Employment data, we did see an increase in level of unemployment. The ibex up 0. 8 . Spain existed recession today. Not by much, but it doesnt matter. It was in the positive. We havent been in recession in spain. A number of stocks that were focused on today. Lets kick off with volkswagen, europes biggest automaker up 4 today. Q3 operating profit, 2. 78el euros. Porsche and audi sales doing particularly well and doing very well in north america. There are some, though, that suggest its marks a decline in sales at the more mass market brand. They also had a record operating profit of 11. 5 billion euros and they say were going to keep 230e6ing on our rearend targets given the extremely difficult economic environment. The uk bank this morning, they are facing a 50 Million Pound uk regulators for failing to disclosure of its capital rate in qatar. Theyve confirmed that its involved in another investigation as to whether there was any rigging of the currency markets, as well. But on the underlying basis im sorry, big jump in pretax profit, investors say up on the currency investigation is going to start wide bing. Theyre now launching their investigation themselves into what may or may not have gone on. Quite how you read currency markets, im not sure. The flows are enormous. Back to you guys. Okay, ross, thank you. Ross westgate. We will we wont see him again, will we . Not this mortgage. Well see him tomorrow morning. We did mention earlier, health care is going to away story today. Secretary sa beale why testifying on capitol hill. And president obama speaking in boston. Another story well be focused on this morning, the Obama Administration appears to have passed up offers for amazon and microsoft to help fix the governments healthcare. Gov website b. An october 7th inquiry from amazon subsidiaries. In the meantime, microsoft contacted hhs and the white house with offers of Technical Expertise and assistance, but the company has not provided any such services at least at this point. Coming up, were going to do reviews of our own. We have reviews of apples new ipad. You have it . I dont have it. Ive seen it. Do you guys have air . Its pretty amazing. We have it coming up in the next segment. It seems like all minor things to me. Its a little lighter, a lot monster. 3d games are you want them better or no. Its expensive. Were going to talk about the sugary drink tax debate. Also, in sports news, the boston red sox, can win the world series tonight at fenway if the cardinals win. Game seven, thats going to be in boston. If they win in boston, it will be the First Time Since woodrow wilson. vo you are a business pro. Maestro of project management. Baron of the buildout. You need a permit. To be this awesome. And you. Rent from national. Because only national lets you choose any car in the aisle. And go. You can even take a fullsize or above, and still pay the midsize price. aaron purrrfect. vo meeeow, business pro. Meeeow. Go national. Go like a pro. After Singapore Airline stops service between singapore and new york, which airline will have the longest flight with no stops . Qantas airways with 8600 mile flight between sydney and dallas. Time now for the executive edge. This is our daily segment focused on giving Business Leaders a leg up. Almost every major insurance has a review of the new apple ipad air today. And reviews seem to be positive across the board, even though it is priced higher than many competitors. What mossberg calls the ipad air the best tablet hes ever used. He said if you have to pick it, if you can afford it, this is the tablet he would buy. Everything seems to will have the tablet. The one thing that i did play with you know, when you sit and hold a heavy ipad for a while, you can feel it. This does feel different. One point. One pointed. I would carry it in my purse. You like the mini, right . I like the mini, but i have been thinking id like a bigger screen because you can do a lot more with it. Joe . You know. You have nothing to say . I chart things up a lot. Im anal there. Other people let it go. Im usually close to you like to have the battery close to 100 at all times . Yeah. Usually im sitting down. I dont really notice the weight. I think david did say its not revolutionary. These are changes that are gradual and good. If you havent gotten one, its good. He said you dont need to update every year, but maybe every other year. If you have the first one a few i wish think wouldnt. The controls over so they cant go to places. Youre wife is putting some on you, isnt he . Sorry. Maybe they should be, but theyre not. But theyre not. Let me tell you guys about the next story. San Francisco May be the latest u. S. City to try to conserve the tax on those beverages. Theyve asked voters to impose in 2014 to impose a 2 cents an ounce tax on soda and other drinks with added sugar. To this point, we havent seen many of these through and its already sailed in two california cities. I cant believe el monte was so its kind of a working class neighborhood. They have a lot of factories. San francisco, i understand. Right. You can drink as much as you want to. Compared to banning it, i guess its incrementally, its not quite as bad. And its being put to a vote. And the do gooders love the idea. You get to cents and you get 30 million. With that, you pay for some Government Agency is going to doll out the 30 million for pe programs that are probably 90 cents falls through the cracks on the way they spend it. Using tax policy to try and change behavior typically theres people that like it and this behavior is changing, anyway. You see how water is overtaking cabbon ated beverages, anyway. Becky, i checked my fridge last night. Do you have any soda . No. I had some polyo with a january expiration date. Did you . Did you look at the upc . I was shocked. And you know how i found that out . So people that dont know, theres a recall on certainly we were inspecting this string cheese because its supposed to change color. But i had just bought some and it was january and this was october to february youre supposed to check it out. It spoils quicker and it says dont eat it. 700,000 cases are getting recalled. Kraft. Kraft . Is it kraft or mondalese. Oh, no, i bet its kraft because thats the Old School Grocery cart. It did say kraift. But i saw your tweet and i go somebody asked me this after i tweeted this last night. I tweeted a picture because i found it in my fridge but they asked, was it an unopened pack. We havent eating any. Are you . Yeah. I had eaten you know what . Im cheap. Until it looks ahh. You drink milk after the expiration . No. There are people who think a day or two after no, no. I just wait until its cheap. Or yogurt, one of the two. Cant you take it back to the super market and get if its recalled, cant you take it back . Thats why i sent the picture to see if i could get any money back, but i threw it out immediately is no one would eat it. Were going to take it out. I was more concerned with getting my 4 back. Lets talk about big coin. Its trying to go mainstream. An atm opened in a coffee shop this week. The kiosk looks like a normal atm, but it has hand and bar code scanners so users can swap their bitcoins for cash. Any buyers at the table . I dont get this. It doesnt spit out bit coins in terms of it doesnt send out a receipt. But apparently you go on and do whatever youre doing and it transfers the cash to your iphone or your android or whatever. So weird. But i feel like were behind the times, guys. They grew up and now need Something Else to do. But now the company that did this thinks that theyre making thousands of atm machines across the country. I dont know. Maybe this becomes something. Tweet us about this and tell us what you think. It will take me so long. The twins at the moment are laughing all the way to the bank. We better get to singulairty. Ill be cyborg before i i am still a blackberry user, so let us know. Darth showed you that picture. Ten reasons i hate blackberrys. Anyway, he has a picture he drove a steak through his blackberry. Two of them. One is from verizon and one is from at t. Do you see what he brought me . Sflo. Do you know what that is inspect. Its a dog. Is it coming at you or leaving . Im not sure. I dont know, either. I wasnt sure what he tried to say. And i named this. What did you make it . Al gourd. And you know where i keep it . No. In a squawk box. Thank you. Youre not laughing. Your crazy eyebrows are just twitching. You tried this on me before. Thats why. You know why . I want to give you a heads up. Whenever i talk about anything like that, im going to give you a heads up from now on. We have a governor from kentucky on today. Beshear. Beshear. Martin beshear. When we come back, were going to talk about the fed and what to expect from this afternoons announcement. First, though, as we head to a break, take a look at yesterdays winners losers. When we made our commitment to the gulf, bp had two big goals help the gulf recover and learn from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, where experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Good morning. Welcome back to squawk box here on cnbc. Making headlines, chinas money market rates spiked to a fourmonth high today. Yesterday, the countrys central bank injected funds into the market to ease worries that it was planning a significantly tighten credit conditions. A sevenday repo