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BREAKING: Fed chair Powell in Jackson Hole speech: No 'rulebook' on trade, pledges the Fed will 'act as appropriate' to sustain the economy

cnbc.com/id/106093832
Stocks jump to session highs & Dow turns positive after Powell's Jackson Hole speech cnb.cx/33TYrdi
Dow, Nasdaq, S&P 500 now all in positive territory after Powell speech cnb.cx/33TYrdi
BREAKING: After Fed chair's Jackson Hole speech, Trump tweets: "Who is our bigger enemy, Jay [Powell] or Chairman Xi?" cnb.cx/2KQlbmL
BREAKING: Stocks plunge after Trump tweets that he will respond to new China tariffs today and says "American companies are hereby ordered to immediately start looking for an alternative to China" cnb.cx/33TYrdi
BREAKING: S&P 500 slides more than 1% after Trump orders U.S. companies to "start looking for an alternative to China"
cnb.cx/33TYrdi
Dow briefly falls more than 410 points after Trump's latest tweet thread on China tariffs cnb.cx/33TYrdi
UPS, Amazon, FedEx shares drop after Trump tweets: "I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE...all deliveries of Fentanyl from China (or anywhere else!)." cnb.cx/33TYrdi
Stocks hit new session lows, with Dow sliding 430 points and Nasdaq falling more than 2% cnb.cx/33TYrdi
President Trump is meeting right now with his trade advisors, a source tells CNBC's @EamonJavers.

@EamonJavers BREAKING: Dow slides more than 510 points to new session low cnb.cx/33TYrdi
@EamonJavers JUST IN: The National Retail Federation tells @CNBC that "it is unrealistic for American retailers to move out of the world's second largest economy" after President Trump ordered companies to "start looking for an alternative to China" cnb.cx/2zhTKvE
Stocks fall to fresh lows for the day; Dow off more than 610 points cnb.cx/33TYrdi
BREAKING: Stock sell-off picks up as Dow plunges more than 740 points cnb.cx/33TYrdi
Dow finishes down less than 630 points after falling 745; Nasdaq ends lower by 3%, S&P 500 closes down 2.5% cnb.cx/33TYrdi
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CNBC Now
@CNBCnow
BREAKING: Brent crude oil surges more than 17%, WTI crude oil surges more than 14% after attack on Saudi oil facility cut production over the weekend

cnbc.com/id/106130682
BREAKING: Trump warns U.S. is “locked and loaded” for a response to the “culprit” of this weekend’s attack on Saudi oil field cnbc.com/id/106130682
After coming off session highs, oil spikes again after Trump warns U.S. is “locked and loaded” for a response to the attack on a Saudi oil field cnbc.com/id/106130682
Read 3 tweets
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CNBC Now
@CNBCnow
BREAKING: UAW calls strike against General Motors for the first time since financial crisis cnbc.com/2019/09/15/uaw…
GM responds to UAW, saying the company "presented a strong offer that improves wages, benefits and grows U.S. jobs in substantive ways and it is disappointing that the UAW leadership has chosen to strike at midnight tonight."
cnbc.com/2019/09/15/uaw…
GM also said the 4-year deal included “solutions” for assembly plants in Michigan and Ohio that were potentially slated for closure but declined to provide further details. A person familiar with the deal provided CNBC with details of the “solutions.” cnb.cx/2lRxRjg
Read 3 tweets
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CNBC Now
@CNBCnow
BREAKING: Walt Disney Company CEO Bob Iger resigns from Apple’s board. CNBC.com
BREAKING: Walt Disney CEO Bob Iger has resigned from Apple’s board of directors.

cnbc.com/2019/09/13/bob…
JUST IN: Statement from Walt Disney CEO Iger after his resignation from Apple’s board. cnbc.com/2019/09/13/bob…
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AFP news agency
@AFP
#BREAKING Notre-Dame's main structure is "saved and preserved" after fire, says Paris fire official
#BREAKING French President Macron says the "worst has been avoided" in Notre-Dame fire
#BREAKING 'We will rebuild Notre-Dame", says French President Macron
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covert_extrovert
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5) #Hussein orchestrated $ shipments 2Iran. At least $1.7bil went there. The #TreasuryDept & #DOS (Bureau of Polical-Military Affairs - which links 2the #DefenseDept -Think big #BudgetAllocations) control the flow of $, but bottom line, the #Fed secretly, or not, controls $$$. It
6) can be greatly aided in the effort with an #Executive's blessings. The Office of the Inspector General has a hand in distribution & the accounting of #ForeignAid. The #GAO (General Accounting Office) investigates $ moves.
7) orgs & then be redirected to the personal holdings of the creator/s. Another secondary shuffle is the covert placement in offshore holdings 4distribution. Activities attributed to slush funds come to mind. They move in all directions as needed. These methods are in use
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Julie Laumann
@Otpor17
In 2012, Tim Cook announced Apple would make a Mac computer in the US.

But when Apple began making the $3000 computer in Texas, it struggled to find enough screws. By the time the computer was ready for mass production, Apple had ordered screws from China nyti.ms/2HBT2QK
Apple CEO Tim Cook: “The skill here is just incredible. In the US, you could have a meeting of tooling engineers and I’m not sure we could fill the room. In China, you could fill multiple football fields.” (h/t @scottlincicome)
"Caterpillar said costs tied to new US tariffs on foreign goods, including steel and aluminum, were just above $100 million over the 5 months of 2018 that they were in effect.

The company expects more than $200 million in tariff-related costs this year." wsj.com/articles/cater…
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حسن سجواني 🇦🇪 Hassan Sajwani
@HSajwanization
#BREAKING: (YET TO BE CONFIRMED) - #SaudiArabia calls off #Aramco #IPO, disbands advisers - #Reuters, citing sources - CNBC
cnbc.com/id/105355411
#EXCLUSIVE #Reuters: #SaudiArabia has called off both the domestic and international stock listing of state oil giant #Aramco, billed as the biggest such deal in history, four senior industry sources said on Wednesday.
reut.rs/2OXeLkZ
#SaudiArabia has denied reports that the kingdom has scrapped plans for the much-anticipated Saudi Aramco IPO. CNBC's @_HadleyGamble of @CNBCi has more.
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Julie Laumann 🌎
@Otpor17
"Trump has used Harley-Davidson as an example of a US business that is being harmed by trade barriers. Yet Harley has warned consistently against tariffs, saying they would negatively impact sales"

Harley, hit by tariffs, shifts some production overseas apnews.com/6c8942f7363743…
Important issue highlighted by @riotwomennn: are tariff exemptions determined by bribes?

Corker: "22,000 companies have asked for exemptions.There is no basis to deal with them. Are they going to grant these exclusions based on political contributions?"
Trump’s trade war with the European Union is going to cost Harley-Davidson as much as $100 million a year and force the manufacturer to shift production out of the U.S. bloomberg.com/news/articles/…
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Corentin Sellin
@CorentinSellin
#Breaking badaboum de la nuit US. Hier soir, vers 22h, le ministre de la Justice Sessions a licencié #McCabe l'ancien no.2 du #FBI, ennemi juré de #Trump,accusé de faute professionnelle par 1 rapport de l'inspecteur général Horowitz...26h avant sa retraite.washingtonpost.com/world/national…
2)...et #breaking...le président #Trump a qualifié par tweet ce licenciement EXCEPTIONNEL d'1 haut fonctionnaire du FBI comme 1 grand moment pour la démocratie US. Autrement dit il se réjouit du renvoi d'1 fonctionnaire de carrière pour motif politique.
3) Car ce qui est inédit est que le président #Trump a exigé- et obtenu-du ministère de la Justice de #Sessions l'enquête interne sur #McCabe qu'il ne cessait de persécuter sur Twitter et dans ses déclarations publiques depuis qu'il refusa de désavouer Comey auquel il succéda...
Read 35 tweets

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