Allen Morrison News Today

Twoweek start to a year ever. The dow lost more than 390 points today all the major indices fell more than 2 . Analysts blame the selloff on another big drop in oil prices. Crude oil closed below 30 a barrel for the first time in 2003. John terret joins us. John this is the latest big drop in oil and big drop in stocks. A spree for commodities traders, today u. S. Stocks sold off across the board on friday. The reason wall street is worried that too many Commodity Companies will go belly up now ...

Terrible start to the year. Selling is university but today, stocks got hit more than the average stock. The problem is the world has too much oil, its a glut, thats why its so cheap. While that helps consumers, it devastates countries trying oproduce it. Saudi arabia has opened the spigot in an effort to hobble iranian oil which will flow soon once sanctions are lowered. And while the economy can take low prices for a couple of years, not true for nigeria where the economy is being hurt by chea...

U. S. Stocks down nearly 391 points today. The first two weeks of 2016 have been devastating for wall street. It is tied to the plunging price of oil. The world hasnt seen such cheap oil in more than a decade. Thats putting all kind of pressure on countries and economies that rely on petroleum production. John explains the downside. Who would have believed we would talk about this story in u. S. Stole off because wall street is worried too many Commodity Companies will go bellyup now that oil is...

joke. its 6-6 and they cant even always agree on what time of day it is if they even want to meet. so citizens united opened up money the likes of which wife only begun to see in the process. so all those things that were designed to hopefully prevent another watergate have vanished, bar one. and thats the professional bar. it was striking to me to see that the reforms that came directly out of some testimony that i gave before the senate committee have stayed in place, and they are as...

hearing on mine safety and lessons learned. well have that hearing at 2:20 eastern. at 5:15 eastern, a look at president obamas 2013 budget request, for the defense department. defense secretary leon panetta is joined by joint chiefs of staff chairman dempsey in explaining the spending plan to the house budget committee. you can see the hearing on c-span3. this weekend marks the anniversary of the bloodiest battle to be fought in the civil war. up to that point the battle of shiloh wit...

the direction were taking in our nuclear force posture and with the department of energys role in maintaining our nuclear stockpile so that we can continue to reduce its size without testing while ensuring the stockpile remains safe and meets military requirements? second, do you believe we are on a sustainable path to protect our space assets and to reconstitute them if necessary given the congested and contested nature of space? third, the department of defense has allocated a block ...

of george washington and the fight for american freedom. in a couple of hours, dennis kucinich will offer his views on the war in afghanistan, climate change legislation, and health care. "washington journal" is next. . . host: congress is back in session tomorrow. it is sunday morning, october 25. the president will not begun to the copenhagen conference on climate issues. we will begin with some of the news this morning. here are the phone lines to call. a couple of related stories t...

people from the park. and john derbyshire on the politics of despair. reclaiming conservative pessimism. find the entire schedule thebooktv.ort -- at booktv.org. >> this is c-span, public affairs programming courtesy of americas cable companies. next, kenneth feinberg, about the decision to reduce salaries for some ceos. then, federal reserve chairman ben bernanke on the need for congressional action on financial regulations. . . >> good afternoon and welcome back to our symposium. i a...