U.S. stocks set for bumpy end to a wild week

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TGIF! Yes, really.

After some of the wildest days on markets in recent memory, the weekend can’t come soon enough for many. Panicked selling Monday and Tuesday gave way to a scramble to buy Wednesday and Thursday.

And there could be a sting in the tail Friday – U.S. stock futures are signaling all three main indexes will open about 1% lower and European markets are weaker in morning trade.

Here are the six things you need to know before the opening bell rings in New York:

Related: Fear & Greed Index

1. China rallies again: The Shanghai Composite had a truly wild ride this week, losing roughly 15% on Monday and Tuesday, before mounting a major rally in the second half of the week. Friday saw gains of nearly 5% on the main Chinese index, while the Shenzhen market put in a slightly stronger performance.

The Shanghai index still suffered a 7.8% decline for the week.

Elsewhere in Asia, new data showed Japan is still struggling to lift inflation to its target of 2%. Unemployment data improved, however, and the Nikkei ended the day with a 3% gain.

2. Oil slips back: U.S. crude futures jumped 10% Thursday, but the positive tone evaporated Friday. Oil was trading nearly 1.5% weaker at $42 a barrel. That’s still a big recovery from the 6-year low of $38 a barrel hit on Monday, but crude is about 20% down since the start of the year.

Related: China’s shrinking copper appetite is killing US jobs

3. Market movers — Freeport McMoran, Facebook: Shares in mining company Freeport McMoran (FCX) jumped 12% premarket after hedge fund manager Carl Icahn disclosed he had acquired a stake. Facebook (FB, Tech30) was slipping about 0.5% premarket despite reporting late Thursday that more than one billion people logged on Monday — the first time that milestone has been hit in a day.

4. Central bankers huddle: Federal Reserve policymakers continue their annual meeting in Jackson Hole, Wyoming. The three-day affair is being closely watched for hints about when to expect an interest rate hike.

New York Fed President William Dudley said Wednesday the case for a September hike had become “less compelling,” but the waters were muddied again Thursday by news of much stronger U.S. second quarter growth than expected.

Much of the world’s economy is still hooked on cheap central bank cash, and the prospect of a U.S. rate hike has already shaken many emerging markets.

5. Brazil in recession: Latin America’s biggest economy will report second quarter GDP at 8:00 a.m. ET. The data is widely expected to confirm that Brazil has sunk into a deep recession that the country’s central bank expects could extend through 2016.

Brazil has been battered by the collapse in global commodities prices triggered by China’s slowdown, and by austerity measures and higher interest rates aimed at restoring confidence in government finances and tackling inflation. Its currency, the real, has fallen by nearly 25% against the U.S. dollar this year.

6. Market recap: The Dow finished Thursday up 369 points. Combined with Wednesday’s 619-point rally, it was the best two-day point gain for the Dow in its history, surpassing the previous record set in 2008.

The S&P 500 and tech-heavy Nasdaq both managed gains of more than 2%.

Related: CNNMoney’s Tech30

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The CEO of China’s fake Goldman Sachs isn’t talking

When it comes to Chinese knockoffs, the sky’s the limit.

Counterfeiters have already produced millions of fake handbags, along with knockoff iPhones, Apple Watches and even realistic-looking fake Apple and IKEA retail outlets.

But now there’s a new high-water mark: Somebody has set up a fake Goldman Sachs.

The financial institution, based in the southern Chinese boomtown of Shenzhen, is going by the name “Goldman Sachs (Shenzhen) Financial Leasing Co.”

Not much is known about the fake Goldman Sachs (GS). Before the company’s website went offline on Wednesday, it claimed the firm was founded in 2013 and is “the largest financial leasing firm in Shenzhen.”

Corporate records name Zhou Linhong as CEO. Reached by phone on Friday, a man who identified himself as Zhou told CNNMoney that his business is not affiliated with the U.S.-based investment bank. He refused to answer additional questions before hanging up.

Bloomberg was first to report the fake. In a statement, Connie Ling, a Hong Kong-based spokeswoman for Goldman Sachs, told the news agency that “there are no ties between the U.S. investment bank and the Shenzhen company.”

Related: China is churning out fake Apple Watches

The existence of the fake Goldman Sachs came to light after the International Union of Operating Engineers, a U.S.-based casino workers union that monitors the gambling industry in Macau, sent a letter to Chinese authorities asking them to investigate the company.

The trade union suspects the fake Goldman Sachs has links to organized crime syndicates operating in Macau.

In addition to using the Goldman Sachs’ name in English, the Shenzhen firm’s Chinese name uses the characters gao sheng, which mean “high” and “prosperous.” The real Goldman Sachs uses the same characters in its Chinese name.

China has a long history of churning out knockoffs, or “shanzhai.”

In August, a 39-year-old man in eastern China was arrested for establishing a fake branch of China Construction Bank, the world’s second largest bank by assets. The operation had card readers, teller counters and authentic-looking signs.

The ruse was discovered only when a local who had deposited 40,000 yuan ($6,200) was unable to withdraw the money at the real China Construction Bank, according to state media reports.

Related: Alibaba sued by Gucci for fakes … again

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Donald Trump: Tax the rich more

Donald Trump is finally showing us more of his economic plan beyond the “Make America Great Again” slogan on his red hat.

America has now learned:

— He wants to tax the rich more and the middle class less.

— He wants to lower corporate taxes.

— He wants to cut government spending and stop raising the debt ceiling.

“The hedge fund people make a lot of money and they pay very little tax,” Trump said in an interview Wednesday with Bloomberg. “I want to lower taxes for the middle class.”

In short, Trump is willing to raise taxes on himself and those like him.

Many hedge fund managers and real estate investors are able to list their earnings as “carried interest” because of an IRS tax rule. They are able to cast their earnings as investment gains instead of income, which allows them to be taxed at a lower rate.

“You’ve seen my statements. I do very well. I don’t mind paying a little more in taxes. The middle class is getting clobbered in this country,” he said.

Related: Donald Trump trounces GOP field

Eliminate “inheritance” tax or worry about inequality

Trump has been all over the place on taxes over the years. He criticized President Obama for not wanting to keep the Bush tax cuts in place on the wealthiest Americans. He has also proposed eliminating the so-called “estate tax” on people that inherit money, gifts and property from their parents. Both moves would be a major gain for the rich.

Now Trump is starting to sound more populist.

“The middle class built this country, not the hedge fund guys,” he said Wednesday.

“One of the reasons he is winning votes is he’s talking about the macro issues that so frustrate many Americans and seem so blatantly unfair,” says Peter Morici, a professor of economics at University of Maryland’s Robert Smith school of business.

Lower corporate taxes and bring $2.5 trillion home

Trump also wants to even the playing field on taxes that businesses pay. He believes that lowering the corporate tax rate will stop American companies from trying to move their headquarters — and possibly jobs — overseas in an effort to dodge taxes in the U.S.

Many U.S. companies such as Apple (AAPL, Tech30) have huge cash reserves that they could spend on growing their businesses, but that money is mostly held overseas to avoid U.S. taxes. Trump estimates as much as $2.5 trillion could return to America if taxes were lower.

“This is money that could be spent in this country,” he said. “We have companies with thousands of jobs that are leaving this country.”

Related: U.S. companies hoard record amounts of cash

Washington is full of “scandalous” waste

Trump was also asked about whether he would continue to raise America’s debt ceiling.

The standoff between President Obama and Republicans in Congress over whether to raise the ceiling in 2011 caused U.S. debt to lose its AAA rating.

Republicans should fight Obama again over the issue, Trump argues, even if it causes pain in financial markets.

“I think there’s so much waste, so much scandalous waste in Washington that we shouldn’t have to [raise the debt ceiling],” he said.

Trump continues to lead the GOP field solidly. Rivals accuse him of not having real plans.

“The big issues he talks about do make some sense,” says Morici. “The question is…is there really much substance there or is this just a few phrases?”

Related: So what exactly is Donald Trump’s economic policy?

Related: Univision says Trump showed ‘complete disregard…for countless Hispanics’

Related: Donald Trump and Bernie Sanders have this in common

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Beijing targeted as investors look for a scapegoat

Beijing has been blamed squarely for this week’s wild ride on global markets. Analysts are worried by turmoil in China’s stock markets, and signs that the country’s massive economy is flagging.

Some critics have gone even further, insinuating that Beijing has misled the world about the severity of its economic slowdown.

It seems China can do nothing right. In recent days, Beijing has been criticized for allowing a stock market bubble to form, criticized for intervening when markets fell, and criticized yet again for pulling its support and allowing stocks to resume their decline.

The charges come just three weeks after China allowed its currency to slide against the U.S. dollar, which prompted howls of outrage in U.S. political circles. Beijing was criticized for “manipulating” the yuan, rigging the market in its favor.

But Beijing has a right to feel unfairly targeted. It is, in fact, doing what Western policymakers and institutions have long called for: developing an economic model driven by consumers, and letting the market decide, at least to a degree, what its exchange rate should be.

Starting in the early 1980′s, China produced 30 years of lung-busting growth that frequently topped 10%. To pull off this “economic miracle,” Beijing relied on a growth model based on producing cheap gadgets and selling them to the world. The income from those exports were plowed into the greatest infrastructure boom the world has seen.

Related: Don’t panic! China has problems, not a crisis

Policymakers understood the good times couldn’t last, and in recent years, started building a new economic model where the consumer will be king, and consumption will be main driver of growth. The model will produce growth at a lower level, perhaps 6% to 7%, but it will be more sustainable. Beijing has repeatedly made it clear that this is the “new normal.”

The execution of the plan has been difficult, and filled with missteps and reversals. But it’s worth noting one important development: the consumer is showing signs of life.

The prime catalyst for this week’s global stocks tailspin was manufacturing data that showed factory output in China had slumped to a 77-month low. It’s a scary figure, but less so in the context of an economy moving towards consumer demand. The actual consumer services index in China is at an 11-month high, according to Capital Economics.

Capital Economics is not alone in calling for calm about the state of China’s economy. Heavyweights HSBC thought the headlines about the state of the Chinese economy were a little “sensational” for its tastes.

Related: The world is still hooked on cheap money

It’s also important to note that unlike most mature stock markets around the world, the Shanghai Composite has only a tenuous relationship with the real economy.

Yes, it’s having a very rough few months, but here’s some context: The sharp recent losses follow a long bull run. The Shanghai Composite is still up roughly 35% from this time last year, while Shenzhen is hanging on to a 45% gain. Foreigners own only 1.5% of the market, and most of China’s vast savings are held in property and cash.

Chinese stocks, in other words, are a sideshow compared to the country’s economy.

And there, Beijing still has plenty of measures it can use to support growth.

“China’s policymakers still have sufficient policy ammunition on both the monetary as well as fiscal fronts,” said economists at HSBC, who forecast a modest economic recovery in the second half of the year, leading to 7.1% growth for 2015.

It’s also clear that China cannot support global growth the way it did during the 2008 global financial crisis. As the rest of the world virtually froze, China kept turning, helped by a massive $600 billion stimulus package. It shouldered global growth pretty much on its own. But right now, as its painful economic transition continues, it can’t anymore.

Related: Why China scares investors

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Facebook hits one billion users in a single day

facebook logo

Facebook hit an unprecedented benchmark: One billion users in a single day.

That happened for the first time on Monday, and co-founder and CEO Mark Zuckerberg announced the milestone on Thursday. He noted in a Facebook (FB, Tech30) post that a billion users is equal to about 1 in 7 people on Earth.

“When we talk about our financials, we use average numbers, but this is different,” Zuckerberg wrote. “This was the first time we reached this milestone, and it’s just the beginning of connecting the whole world.”

The company reported in July that it had about 1.5 billion people logging on at least once a month.

Zuckerberg said Monday’s achievement is significant because it’s a platform that lets users interact.

“A more open and connected world is a better world. It brings stronger relationships with those you love, a stronger economy with more opportunities, and a stronger society that reflects all of our values,” he said.

Related: For Millennials, Facebook is political

lated: Instagram breaks out of the square

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Former Apple CEO John Sculley debuts new smartphone

John Sculley didn’t last at Apple long enough to see the iMac, let alone the iPhone. But now he’s launching a beautiful new smartphone of his own.

Obi Worldphone, a company Sculley co-founded, will start selling two new Android smartphones in October. They look sleek and stylish, particularly for ultra-cheap smartphones.

Sculley was criticized by Steve Jobs and others as a sales-focused Apple (AAPL, Tech30) executive who had little technical or engineering know-how.

Though it’s an oversimplification, the idea is that Jobs was solely focused on making Apple’s products beautiful and user-friendly, while Sculley was exclusively focused on maximizing Apple’s profit.

So it’s more than a little ironic that Sculley’s mission is now to deliver gorgeously designed, low-cost smartphones.

obi wordphone sf1

The Obi SF1 costs $200 and has some high-end bells and whistles. It’s plastic with metallic accents, curved edges, a five-inch HD screen, 13 megapixel camera, a huge battery with turbo-charging and a zippy processor.

The “signature design” of the SF1 is its “floating display.” It looks as if the screen were tacked onto the phone’s body. It’s an interesting look.

obi worldphone sj1.5

The $129 Obi SJ1.5 is all plastic in a range of colors. It has a five-inch screen with lower resolution than the SF1, and an 8 megapixel camera. It has a slower processor, and it doesn’t have a 4G connection.

Obi says the SJ1.5 is “beautiful on the inside,” which is something Steve Jobs famously demanded of his gadgets — even going as far as including the engineers’ signatures carved inside the original Macintosh.

Both phones also say “designed in San Francisco” on the back, mimicking Apple’s similar practice.

But the Obi smartphones are not designed to be iPhone competitors. Both will be targeted at a younger demographic in select countries in the Middle East, Africa and Southeast Asia to start.

Sculley, who left Apple in 1993, is now a tech and marketing entrepreneur. He invests in Internet companies, including analytics firm Zeta Interactive, shaving company 800Razors.com, and healthcare tech company MDLive.

In his new book, “Moonshot!,” Sculley discusses strategies for startup founders to grow their companies into billion-dollar businesses.

john sculley obi worldphone
John Sculley’s Obi Worldphone will begin selling two new Android smartphones in October — the SF1 (left) and the SJ1.5.

Related: Apple CEO who fired Steve Jobs says ‘I wish I had hired him back’

Related: 5 things Steve Jobs said Apple would never do – and Apple is doing

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Dow up 350 points on pace for record 2-day gain

The U.S. stock market is bouncing back on Thursday.

After several volatile days with huge swings in both directions, the Dow is now up over 350 points, heading to close with its best two-day point gain ever, surpassing the previous record from 2008, when it logged 905 points in two consecutive days.

The Dow gained 619 points on Wednesday.

The S&P 500 and Nasdaq both posted gains above 2.4%.

U.S. energy stocks were some of the biggest winners in the morning as oil prices gained over 8% and rose back to nearly $42 a barrel.

There was also good news about the U.S. economy, which grew 3.7% in the second quarter of this year, much higher than the first official estimate on growth and even higher than what economists were projecting.

It’s a healthy sign that the American economy hasn’t been hurt that much from China’s economic slowdown yet. That eases fears about China’s impact on the overall U.S. economy.

Related: 3 moves to make in a crazy market

It comes on the heels of a Federal Reserve official signaling that with all the turmoil, a September rate hike is less likely now. Most investors see a rate hike as bad for stocks and the 6-year bull market because it’ll make borrowing more expensive, even though it’s considered a good thing for the economy.

Stocks have had a wild ride recently. After closing down 588 points Monday and 204 points Tuesday, the Dow’s Wednesday 619-point rally was its best one-day point gain since 2008.

The Dow, Nasdaq and S&P 500 were positive for the week by Thursday afternoon.

The S&P 500 and Dow are still negative for the year but as tech stocks surged Thursday, the Nasdaq turned positive for the year. It’s worth keeping in mind that stocks remain a lot higher from where they were in the past few years.

The S&P 500 is still up over 200% since its low point in 2009.

Related: U.S. stocks set for gains after global rebound

Related: Good news: U.S. economic growth better than expected

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How one Mexican company keeps its workers from crossing the border

rassini pool
Struggling to retain employees, Rassini built 850 homes, a swimming pool and community center for its workers.

Almost 15 years ago, in the dusty border town of Piedras Negras, auto parts manufacturer Rassini started having a very expensive problem on its hands: workers were running across the border to the U.S. after only a few weeks on the job.

“The Mexican dream is to have the American dream,” said Cesar Cerrato, a machine operator who has worked at Rassini for nearly two decades and saw many of his coworkers leave. “We all had family [in the U.S.] and wanted to live like them, making good money, earning dollars and driving big ol’ trucks.”

Each time Rassini lost one of its workers and had to train a new one, it cost the company $8,000 and four months’ time. For advanced work, it cost $24,000 and 12 months, the company says.

Not only was it tough to keep workers, finding new ones was a challenge, too.

The company was growing so fast that, in 1997, it recruited about 700 workers from the rural state of Veracruz, Mexico. But Piedras Negras, with a population of just 97,000 at the time, was so small it didn’t have adequate lodging to house all of the new employees and their families.

So Rassini housed the new workers in dorms — an arrangement that didn’t go very well. Many workers returned to the families they’d left behind or left for the States. Employee turnover skyrocketed to almost 11% a year.

“We needed to take action to retain our employees,” said Sergio Dávila, Rassini’s CEO.

piedras negras hot tips
Rassini sells a majority of the leaf springs used in North American light trucks.

So Rassini started building homes — 850 of them — to sell to its workers for around $10,000 each. To sweeten the deal, it also built a public swimming pool and a neighborhood center.

Since many of its employees were from other parts of Mexico, Rassini needed to get around a law that applicants for government-backed mortgages must have at least two years’ residency in the area where they’re buying. To do that, the company worked out a rent-to-own deal: after two years of renting, the worker would receive a mortgage for the house and the rent payments up to that point would be applied toward the mortgage balance.

The new homes not only sparked a real estate boom in Piedras Negras — they currently sell for about $18,000, the company says — but they also helped Rassini to retain employees. Today, Rassini employs 2,600 workers and turnover has fallen to less than 2% a year.

Changed lives

Cerrato bought one of the first houses Rassini built and says he’s not only paid off his mortgage, but he’s now in the process of expanding his home. He and his wife also have a couple of “trokitas,” Spanglish for “little trucks.”

Another Rassini employee, Alfredo Castellanos was among the workers who came from Veracruz. He bought a Rassini home and the change was dramatic.

“I worked in the field planting sorghum, rice, beans and corn,” Castellanos said. “I just really wanted to live comfortably with my family in a decent house.”

Now he says he has a big TV and air conditioning, luxuries he never had before.

Rassini doesn’t build houses for its employees anymore, but it still helps them find housing and secure loans.

About 80% of the company’s current workers now own their homes and about 900 of them have federally-backed mortgages, Rassini said.

In addition to helping its workers afford housing, Rassini is helping them get educated.

The company realized that poor education was also contributing to its high turnover, so it brought in teachers from the local community for a few hours each day to teach in classrooms in the factory. Instruction begins with elementary school level classes and keeps going as workers advance — up through high school.

“Employees are more committed, plus they’re eligible for higher salaries,” said Davila.

piedras negras robot
A worker operates a robot for welding parts.

Employees’ children have also received college scholarships from the company. “They gave one of my kids a scholarship, even though he doesn’t work here,” said Castellanos.

The company also offers health benefits and has even created a volunteer ambulance corps. The team responded when flash floods hit the area a few years ago, Rassini said.

An example for Mexican industry

The chasm between the rich and poor in Mexico is vast, but Rassini is attempting to bridge the gap.

Average per-capita household income in Mexico in 2014 was about $9,000 a year, according to World Bank data, but factory floor workers at Rassini earn an average of about $13,000 a year, Rassini says.

Sergio Cabello, Rassini’s human resources manager, says treating workers with dignity is important. He sees other industries in Mexico beginning to catch on.

For the past two years, Rassini has been certified as a Socially Responsible Business (ESR) by the Mexican Philanthropy Center (Cemefi), a Mexican civic association dedicated to promoting corporate philanthropy and social responsibility.

Where other companies see unions as the enemy, Rassini says it considers its union as a strategic ally.

rassini workers group
Rassini is one of the top employers in Piedras Negras, attracting young workers with above-average salaries.

Omar Heredia, 40, has been the Confederation of Mexican Workers’ union leader at Rassini for 18 years and says the relationship between the union and management is much better nowadays. He’s proud of what he’s accomplished leading the union’s collective bargaining, including a recent salary increase that he says is the highest in Piedras Negras.

“The business improved, the union improved and, above all, the workers improved,” Heredia said.

Related: Would Trump deport undocumented workers at his hotel?

Related: Zuckerberg group fires back at Trump immigration plan

Related: Immigration facts to know in 75 seconds

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World is still hooked on cheap money

cheap money

Central bankers are swooping to the rescue of shaky economies, soothing investor panic for now but highlighting a global addiction to easy money.

China stepped in to shore up its flagging economy this week after a sharp stock plunge and fears about slowing growth triggered waves of selling across global markets. Authorities cut interest rates — for the fifth time in just nine months — and lowered the amount banks need to hold in reserve in a bid to boost borrowing.

China isn’t alone in its actions. Policymakers in countries that produce nearly half the output in the world’s $77 trillion economy are working to stimulate lending and spur growth.

Related: China contagion: How it ripples across the world

Central banks in Canada, India, Australia, and Norway have cut interest rates this year and most of those countries are expected to ease further. Rates in Switzerland have languished in negative territory since late last year. And policymakers in Europe and Japan are printing money as a tool to support growth.

The efforts illustrate cracks in the world economy. Five of the seven biggest economies are in cheap money mode, while the U.S. and the U.K. remain stuck in neutral — at least for now.

The U.S. was on track to raise rates as early as next month, but the problems plaguing China and rest of world may put that off. On Wednesday, president of the New York Federal Reserve William Dudley poured cold water on an imminent rate rise, though more clues could come this week when Fed policymakers gather for their annual retreat in Jackson Hole, Wyoming.

Related: Is the Fed trapped now? Rate hike remains elusive

The central bank hasn’t increased its benchmark interest rate in nearly a decade. Any move up would be considered a signal that the U.S. economy is healthy and is on its way to recovery from the recession.

Any upcoming rate hike in Britain could also be on ice.

“If the Fed does delay in response to Chinese developments, the case for our expectation that [U.K. interest rates] will not rise to the second-quarter of 2016 looks even stronger,” said Oxford Economics economist Martin Beck.

The European Central Bank is prepared to do more to combat rising economic turbulence. The bank’s chief economist and executive board member Peter Praet said Wednesday it stands ready to expand its bond-buying program if needed.

The ECB has been pumping about 60 billion euros a month into European markets since March. It’s trying to boost eurozone inflation and growth by making it even cheaper for governments and companies to borrow money.

Cheap oil is exacerbating the woes for many countries. Oil prices have lost about 25% this year, causing plenty of pain for energy-dependent economies like Canada, Russia and Norway. Crude’s sharp drop sounds a warning that global demand is light and growth is slowing.

Related: Investors pull $1 trillion from emerging markets in a year

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Stephen Colbert may go in search of himself on ‘Late Show’

Who is Stephen Colbert?

That’s the question that many viewers will be curious to find out when the comedian takes over CBS’s “The Late Show” on September 8.

Colbert, who played a caricature of a cable news blowhard on Comedy Central’s “The Colbert Report,” looks to find that answer by having “a planned series” called “Who Am Me?” according to Time Magazine.

Colbert is hoping his identity crisis could be good for laughs.

“We’ve got a series of field pieces, packages that are ways for me to try to figure out who that is, as if I don’t know who I am,” Colbert told Time TV critic James Poniewozik.

The planned series involved sending a crew to Colbert’s hometown of Charleston, S.C., to track down “childhood friends to ask about his early years.”

One idea the crew had was to have the host “investigated by a private eye,” according to the Time cover story.

Poniewozik writes that if the show ultimately moves forward with the series, Colbert will become involved, but that the host is first discussing the idea with producers to see “if Past Stephen gave Future Stephen any good material.”

stephen colbert

Related: Stephen Colbert launches ‘Late Show’ online push

With a little over a week left until Colbert takes over the “Late Show” from famed host David Letterman, who signed off in May, CBS has ramped up its promotion of its new late night flagship telecast.

This was done by announcing the guest list for the host’s first week, which includes celebrities, politicians, and even tech businessmen like Uber CEO Travis Kalanick, along with debuting the new lit up “Late Show” marquee.

Colbert has done his best to stay visible, even if he hasn’t been on TV since leaving his “Colbert Report” in December, by publishing webs videos throughout the summer.

Now with his first night approaching, Colbert looks to find out who he’ll be on “The Late Show,” but according to former “Daily Show” host and mentor Jon Stewart, the best part of Colbert is Colbert himself.

“He’s a better person than he is a performer, and he’s the best performer I’ve ever worked with,” Stewart told Time.

The cover story is Poniewozik’s last piece for Time magazine before becoming the new TV critic at the New York Times.

Related: Stephen Colbert’s first guests: George Clooney, Elon Musk, Amy Schumer

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