Dont worry, they did this to me one time. This is lovely. These people are going to come out and theyre going to go, clear did you finally go around . You went through the lincoln tunnel . No, we didnt. We went around the whole round about. You had to come across the bridge, though. We came across the bridge, yes. Finally came across the gw. Yes. In 20 years, weve never done this, i dont think. Wow, you look good. This is really good. Amazing. Andrew probably how about the news except there was a big storm this morning. It is a bit of a mess out there. In fact, if youre planning on traveling that massive winter storm that dumped snow in the west is now pummeling the east with a lot of wet weather this morning. As you would expect, this is reeking havoc on some thanksgiving travel plans. Look out if youre on your way to work this morning, it is going to be a bit of a mess. Reynolds wolf will join us from the Weather Channel in just a moment. You look good. The dow and the s p hitting hi
Recession. And whether you hit the stores yesterday or not, plenty of people are out this morning. If you are planning on waking up early for your black friday sales, youre late. Step et up. Shoppers are expected to spend an average of 650 this weekend. Thats 11 1 more than last year. We have the chief merchandising officer at toys r us. Then well be joined from Tysons Corner, a huge mall in virginia. Bobby kotick will be join onning us on air. Electronic items are expected to be a big seller this year especially with the launch of the xbox and the new play station consoles. Coming up in the next hour, we have Terry Lundgren. And at 8 40 this morning, the ceo of Brooks Brothers. We have a packed line upof guests ready to giving us a look at the American Consumer. We start with dana telsey this morning. We have heard a lot of stories about some expecting disappointment, some maybe not great retail numbers. But what do you really think is going to happen this Holiday Season . I think its
Its debt. We are three days from potentially hitting the debt ceiling, a move one bank ceo says would be a very rapidly spreading, fatal disease. We are on the grown in washington with the latest details. The deadlock in washington is weighing on stocks today. We are counting you down to the market open 30 minutes from now. Netflix coming to a cable box near you. A new report says the streaming Video Service is in talk with cable providers and shares of netflix are higher in the premarket. Still, no agreement on ending the Government Shutdown. Now in the 14th day. Nor on raising the debt ceiling. The biggest leaders in banking sounding the alarm at the International Institute of finan finance conference in washington. I was a moderator at that event. Jamie dimon painted a pretty bleak picture of what could happen. As you get closer, the panic will set in and something will happen. I dont know periodically when that problem starts. Deutsche bank says his company has been making continge
Then well keep our eye on europe as well, the mix of red and green, a little more green than red on this friday morning. The road map begins with the potential new record for the s p, starting from fresh highs we reached yesterday, strong results from Morgan Stanley and ge will help power things along. Google is also set to open at record highs after it reported Strong Quarter live results. Chinas economy rebounding to the tune of 7. 8 growth for the worlds second largest economy. And shares of chi polt up sharply on a jump in traffic. I could have told you that one from the lines i see. The s p is poised to open at new alltime highs. Morgan stanley chairman and Ceo James Gorman will be a guest on squawk on the street in the 11 00al eastern hour. Lets start with ge. A margin story that has been promised all year long, 120 basis points. I think that was terrific. On top of the 50 basis points in the second quarter. Things are getting better, industrial margin guides i think is very doab
[cheers and applause] thats what im talking about whoo steve wynn is the man with the midas touch who added glamour to the gambling industry. If youre gonna start a gambling joint, start a gambling joint. He transformed las vegas into an International Tourist spot, but the odds havent changed. The only way to win in a casino. Is to own one. Own one. Unless youre very lucky. [stopwatch ticking] internet gaming is illegal in the United States and absolutely thriving. Yes right now, as you watch this story, 70,000 people are gambling on party poker, and thats just one site. There will be more online poker games per day at the end of this year than all of the casinos in the entire world put together. Welcome to 60 minutes on cnbc. Im steve kroft. By some estimates, gambling in this country is a nearly 100billion industry. It attracts everyone from flamboyant businessmen to nefarious conmen. While the odds are heavily stacked against them, for millions of americans, gambling remains enormou