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Well speak to the ftc chair. Slow fashion. H m flags new september sales. The prospect of a Government Shutdown looms large as the Senate Moves Forward with a bipartisan funding bill. But republicans persist with a conflicting measure in the house. The senate has not passed one appropriation bill. I dont know how in the press stand and ask schumer what hes going to do, the house continues to do their job. We cannot sit back and look at the border and where it is today. Very warm welcome to street signs. A check on european market. Weve been open for about an hour, the stockses open to a modest...

Target is looking to shut stores. Costco said its not a major problem. President biden urges uaw workers to stick with the strike while elon musk says the demands are a sure way to bankrupt the big three. We will get to costco in a minute. Lets start with the markets looking to rebound from yesterdays selloff. Jim, you have said this morning be careful, dont bite too soon. Thank you. Because you come in, now i have to tell you that when i was watching Frank Holland this morning, looked like we were about to have a breakout, then we go back down. What i want people to understand is october is a...

Opportunity as a result. But first, we begin with two other pressing developments. Joe biden just touched down in michigan and is set to join the uaw picket line, first president to ever do so, as negotiations show no sign of ending soon. Phil is live on the ground there. And no resolution in washington either, where congress is running out of time to strike a deal to avoid a Government Shutdown moodys warning of the consequences on americas Credit Rating well examine the fallout in a moment with dean mackie and Emily Wilkins and Steve Liesman. But first to michigan for the latest on the autow...

Plus, strike watch. Hollywood reaching a deal with writers while the auto walkout enters its second week. Ford says significant gaps still remain, and amazons ai move investing some 4 billion in a chatgpt rival. Lets begin though with a new market week. After four days of losses, mike, and we lost the 100day moving average on s p. Yeah. New market week. You have the tenyear up 4. 5 . We closed pretty close to the lows on friday, and now i think its become the debate point is we expected we would have some seasonal weakness. We came into august overbought and overlogged and everybody embracing ...

And on the eve of the iphone Product Launch tomorrow and well look at the implications and insta cart aint worth what it once was and its valuation a fraction of what it was, and is that bullish for investors who get in now . That plus the latest on arm which is reportedly seeing Strong Demand ahead of its offering later this week and chinas economic problems should come as a surprise to no one says derek scissors. Weve had 14 years to see this coming. The question is where does he see things going from here and what does he see for u. S. Companies like apple and tesla. First, lets get the lat...