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June 19, 2024
And chevron after the pipeline operator consolidated all of its subsidiaries in a 44 billion deal. The deal is changing the face of the Energy Industry, but it could also spell the end of Master Limited partnerships, which Kinder Morgan popularized and are used by many investors for income. That is an open question and we will hear from a top oil industry executive on that, coming up. So, lets take a look at where we stand in markets as we head into the last hour of trade. The dow up about 22 po...
June 19, 2024
If you live in the mountain pacific area, 2025853881. You can also email us or join us on facebook or twitter. Rand paul addressed the sea crowd on friday. Here is a little bit of his beach. [video clip] the sons of liberty who fought against british soldiers would today make a bonfire of secret orders issued by federal police. The sons of liberty risked everything to guarantee your right to a trial by jury. Today they would call out to the president. They would say we will not be detained, spie...
June 19, 2024
Lori nice rally underway. Good afternoon, everyone. I am lori rothman. Melissa i am melissa francis. It has been 1351 days since the senate last passed a budget despite the law. They must pass a budget every year. Lori speaking of cash, treasury, budget him a new is jack lu . A man who is likely to be dominated the next treasury secretary. Melissa it is no secret that Congress Even the cardassians. Lori cannot wait to hear the results of that. Lets check on the market. It has been 15 minutes sin...
June 19, 2024
Bernanke is to set to testify about the economy on capitol hill tomorrow and thursday. Its not detering the stock market. Monday the dow and s p rallied to record highs. The nasdaq lifted 7 points higher. While gold gained 6 dollars and oil added on 50 cents. The Mercedez Benz c class sedan is under investigation for potential risk of an electrical fire. 200thousand cars built between 20082009 are being checked. 21 owners reported issues. And, executive search firm heidrick and struggles. Is los...
June 19, 2024
Driver has been shot and killed and a 6yearold child is missing. Authorities say shortly after 3 30 tuesday afternoon a man reportedly boarded a school bus in dale county, alabama when a bus driver would not release the child to his custody. The unidentified man shot the driver and left with the young child. There are reports that the man is holding the 6yearold. But police will not confirm the hostage situation. Many in washington are still reacting to president obamas immigration speech in las...
June 19, 2024
And that means any grand bargain to avoid the fiscal cliff will slice away at one of the nations most popular programs. Medicare is clearly in the gunsights. Reporter its possible congress and the president could agree to save 300 to 400 billion from medicare by cutting fees for doctors and hospitals. But analysts worry slashing payments wont make the Health Care System more efficient. This is not really a way to structurally change medicare and if you dont change the underlying incentives, you ...
June 19, 2024
And that means any grand bargain to avoid the fiscal cliff will slice away at one of the nations most popular programs. Medicare is clearly in the gunsights. Reporter its possible congress and the president could agree to save 300 to 400 billion from medicare by cutting fees for doctors and hospitals. But analysts worry slashing payments wont make the Health Care System more efficient. This is not really a way to structurally change medicare and if you dont change the underlying incentives, you ...
June 19, 2024
They do things for noneconomic reasons. Somebody said in europe, they dont care about theyre going to keep europe together. The u. S. , i think entitlement reform is serious. I think they have a couple weeks to work this out. Barry, thank you so much. Its been a pleasure talking to you today. Thank you. That does it for us today. Make sure you join us tomorrow. Right now its time for squawk on the street. Good morning. Welcome to squawk on the street. Im melissa lee, along with carl quintanilla,...
June 19, 2024
Work today after a long holiday weekend, but returned to the same worries about the fiscal cliff. And a new report from the white house added to the worries, showing that unless theres a deal on solving the crisis, the u. S. Economy would suffer big time. The obama administrations economists estimate consumers would spend about 200 billion less next year than they would have otherwise. Congress and the administration have only a few more weeks to nail down a deal. But that deal will have to addr...
June 19, 2024
1. 5 billion online today. Susie and change comes to the nations top Securities Regulator Mary Schapiro is stepping down. We look at whats next for the securities and exchange commission, and its new leader. Tom that and more tonight on n. B. R. susie americans were back at work today after a long holiday weekend, but returned to the same worries about the fiscal cliff. And a new report from the white house added to the worries, showing that unless theres a deal on solving the crisis, the u. S. ...