Weber and Stephen Schwartzman all on the program tonight. Connell mcshane is standing by with the headlines. Reporter President Trump is making a splash in davos, whetherland this week. The president using his speech friday morning to hail his first year achievements. President trump regulation is stealth taxation. In air today those days are over. We cut 22 burdensome regulations for every one new rule. Reporter the government placed tariffs on wash machines and solar panels. Also at davos, treasury secretary Steve Mnuchin sending the dollar to a 3year low when he told reporters a weak u. S. Dollar would be good for america in the short term. He later said the comments were taken out of context. Markets finishing in the green for the week. Jerome powell becoming the secretary of the federal reserve. President trump first nominated powell in early november. Maria i had the chance to speak with commerce secretary wilbur ross. He tells me his feedback from his International Counterparts
It. A weaker dollar start sliding this morning. Disney detailing plans to pass on the new law by giving a 1000 cash bonus to 125,000 employees. Bigness after similar announcements from Jpmorgan Chase yesterday embraced as well. The latest win for American Workers this morning. General electric, ford, comcast on the name set to report fourthquarter numbers today. Expect to 29 cents per share. Markets this morning look like this. The nasdaq surged 52 points yesterday after shares jumped 10 . S p 500 at an alltime high. Markets continue to be on fire. The nasdaq with a threequarter of a percent move in unchartered territory yet again. Features indicating the markets will open like a symbiotic unit gains once again. Dow industrials up another 55 points right now. Nasdaq up 10 points this morning. Major indices look like this. Down a quarter of a percent. The other major spot on the session. Markets closed mostly higher. The best performer in there as you can see in china. Shanghai composit
Weber and Stephen Schwartzman all on the program tonight. Connell mcshane is standing by with the headlines. Reporter President Trump is making a splash in davos, whetherland this week. The president using his speech friday morning to hail his first year achievements. President trump regulation is stealth taxation. In air today those days are over. We cut 22 burdensome regulations for every one new rule. Reporter the government placed tariffs on wash machines and solar panels. Also at davos, treasury secretary Steve Mnuchin sending the dollar to a 3year low when he told reporters a weak u. S. Dollar would be good for america in the short term. He later said the comments were taken out of context. Markets finishing in the green for the week. Jerome powell becoming the secretary of the federal reserve. President trump first nominated powell in early november. Maria i had the chance to speak with commerce secretary wilbur ross. He tells me his feedback from his International Counterparts
To the primespeak minister and we are joined by the Deputy Governor of swedens riksbank. We will also be speaking to the Prime Minister of italy. Ceo. He saudi aramco there are plenty of good interviews coming up. Trumps new trade barriers are putting more pressure on the nafta talks when they resume later this week. Ont is as important taxes washing machines and solar affect canada and mexico. We are working very hard to make sure our neighbors to the south recognize how important nafta is and that it benefits not just our economy, but his economy, and the World Economy. Very much open to re trade deals involving more people. Has withdrawner the offer he made last week to give donald trump more than the initial 1. 6 billion he requested for the u. S. Mexico border wall. Republicans called the move a step back in the continuing debate for immigration. Donald trump tweeted, crying Chuck Schumer understands that if there is no wall, there is no daca. The u. S. Federal reserve governor Je
Greece. They did not explicitly ask for it. That is a real change from before, but there is no movement from the imf, from jack lew, and from donald tusk at the eu at the commission asking for a change of actual right now. Tom we will have a special focus in the 7 00 hour with alan ruskin of Deutsche Bank. Lets get you to top headlines. He is unpracticed on this. And in greeley. Brendan it appears greece blinked. Alexis tsipras has proposed a bunch of spending cuts, tax hikes. In return he wants a 59 billion bailout, wants longterm debt to be made more manageable. Francois hollande calls the new plan credible and serious. That is the most important word there serious. Voters rejected a similar proposal in the referendum on sunday. A few hours from now, the Confederate Flag will no longer fly on the grounds of the state capital in South Carolina. The legislature voted to take it down in the wake of the murder of nine black Church Members in charleston. Nikki haley, the governor signed i