John harwood caught up with her earlier this week. Well bring you that conversation later this hour. First lets get to the markets this morning. We have seen a lot less volatility since people have been waiting to see what the fed does this week. You can see that the futures are relatively flat. Dow futures down 3 points. S p futures off by 2. We started yesterday down 50 in the morning and ended up 250. You have been talking about more than 400 points during the day. A lot of people are waiting to see what happens. Thats one of the reasons people say lets get it out of the way. A lot of stuff. He thinks theres a crash coming. He thinks there a crash worse than 2008. He says already. And that it pushes people into causing the buy back stock and inflate their stock price. Causes emerging markets. The feds exples sit. He thinks theres a reckoning. He says that theres a reckoning to come thats going to be worse than the financial crisis as a function of easy Monetary Policy. Right. But i
Now they are chicago bound. Ben a fire is burning in mount vernon this morning. Several businesses are affected by that. Well have an update for you. Kerry the rats appear to be winning in the streets. They are on pace for a record year of the rat calls. Ben i am been send memo. Kerry it is 6 00 a. M. And im in for audrey. Ben it is check in with audrey. Audrey we are below the freezing mark in islip where the temperatures are 31 degrees right now. At bridgeport and poughkeepsie the 22 degrees right now. Thirtythree and bell mark. A freeze warning continues for much of the tristate area. We are not the only ones expressing cold temperatures. Its all across the northeast. Into new. Into new england temperatures at 32 degrees, 26 in albany, 26 in philadelphia. Our Nations Capital is checking in at 37 degrees. High pressures and control. A a northwest wind has brought in cold temperatures and that wind will change to the southwest over the next few days which will allow temperatures to cl
We want to get to jacqui jeras with a look at our forecast. Good morning. It feels like december. The big chill is back. If you dont like the warm weather, are starting on the cold side again. If you like the sunshine, we will have plenty today. If you dont like the cold, we will have a milder weekend ahead. Starting with temperatures in the upper 20s to low 30s across much of the region. 36 at reagan national, 31 at dulles. 23 in frederick and 32 degrees in fredericksburg. Are expense forecast for today chile is still to 9 00 at 36 degrees. Chilly. 44 at noon, 41 at 5 00, High Temperatures around 46 degrees in the metro area. The sevenday forecast is coming up featuring rain in the forecast. Back to you. Thank you. We are following a developing story that could impact your morning commute on the outer loop of the beltway near 270. John gonzalez has the latest. Highway crews are working as carefully as possible. You can imagine how dangerous the work is, but they are moving quickly. Ac
My shoulder and any president that puts his hand on your shoulder gets your attention. Reagan was one of those historic figures. He said look it took us half a century to get into this mess. I have been the first seven years. Maybe you guys will have to do the heavy lifting on your own later. This is particularly special to me because so many people in this room have been a part of the process of my writing the book. I mean, everybody. Im looking around and seeing people who counseled me through the book proposal writing process and encouraged me when i thought i could never get it done, friends who called me up to find out about how the book was doing, my family, husbands here, so many people here who basically help me get a book done, and so its really awesome to be sitting here tonight in a room full of people who have supported me along the way. I even think, actually, over a couple years ago when we moved to maplewood six years ago getting coffee across the street, with a lot of y
Possible explosions. Asiana airlnes is fined a half Million Dollars by u. S. Officials for not properly assisting families after last julys crash of flight 214 at San Francisco airport. And, gm expands a recall to 1. 37 million vehicles. The models built between 2003 and 2007 include chevy cobalt, pontiac g5, saturn ion chevy hhr, Pontiac Solstice and saturn sky. The engine can shut off suddenly if the ignition is bumped. The problem is linked to 13 deaths. Trader larry shover of sfg alternatives joins us now on this wednesday, and larry, why is the s p struggling with getting over this 1850 mark . You know it reminds me of 1650 of last year and even 1350. At this point 1850 is going to require growth metrics to get past that level. Its not like last year where the market rallied before the data set so we need growth metrics to prove that we deserve to be above that level. Lets move over to the commodity sector and oats are at a high because theres not enough space on trains. Oil is ta