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January 14, 2012
Being blamed. the dow lost 49 today. the s&p 500 dropped 6. nasdaq fell 14. late this afternoon, the standard & poors rating agency downgraded the government debt of france, austria, italy and spain by one notch. fox business news senior washington correspondent peter barnes is here to tell us what this means. >> good evening. a sweeping downgrade of the debt of nine of the 16 countries that share the euro as a currency. s&p blasted them for not doing enough to attack their debt problems. the ac...
January 13, 2012
The dow lost 49 today. the s&p 500 dropped 6. nasdaq fell 14. late this afternoon, the standard & poors rating agency downgraded the government debt of france, austria, italy and spain by one notch. fox business news senior washington correspondent peter barnes is here to tell us what this means. >> good evening. a sweeping downgrade of the debt of nine of the 16 countries that share the euro as a currency. s&p blasted them for not doing enough to attack their debt problems. the action could inc...
January 11, 2012
These days it is proving pretty true to life in italy where the mafia is making a lot of ir refusable offers because it is now italys number one bank. yes, the countrys debt problems have gotten so bad that the infamous crime syndicates have become the go-to lenders for small business. a well respected italian business group reports that the four biggest mobster groups have combined liquidity of $83 billion with a b in the mob. and are raking in $127 billion with a b in annual profits. and bull ...
January 9, 2012
You? >> no. monday. whats going on today. a lot of earnings. eye on urp because even as the zus showing a little signs of stability in the economy, you still have big concerns about europe. europe is our biggest customers. if europe has problems, if it cant get its deal done, debt problems under control that means u.s. factories close. >> biggest customer? >> we sell more to europe, the euro zone than anywhere else in the world. >> biggest country is canada. biggest zone is europe as a trading z...
January 9, 2012
new head coach. some call him an outsider. others say, you know what? maybe thats not such a bad thing. were going to tell you the coming to jesus moment they had with the outcider. >> we have an over the counter drug recall to tell you about this morning. painkiller and many other drugs that you have in medicine cabinets. >> and did you hear the one about tim tebow? im kidding. did you hear this one? holy moly! and i stress the holy! is it divine intervention? whats this guy got that ...
January 5, 2012
Wow. top of the line tuna has been auctioned off in japan. the blue fin went for nearly $1200 a pound. the winning bidder owns a sushi chain and says he wants to liven up japan to help the country recover from last years tsunami. heres your "first look" at how wall street will kick off the day. the dow opens at 12,418 after adding 21 points yesterday. the s&p was up a fraction. the nasdaq lost less than 1. taking a look at overseas trading this morning in tokyo, the nikkei fell 71 points. bu...
January 5, 2012
The blue fin went for nearly $1200 a pound. the winning bidder owns a sushi chain and says he wants to liven up japan to help the country recover from last years tsunami. heres your "first look" at how wall street will kick off the day. the dow opens at 12,418 after adding 21 points yesterday. the s&p was up a fraction. the nasdaq lost less than 1. taking a look at overseas trading this morning in tokyo, the nikkei fell 71 points. but in hong kong the hang seng gained 86. stocks barely budge...
January 1, 2012
We are back with ann a marie slaughter, daniel franck lin and ian bremer. predictions for 2012. in the economist edition you edit, you say we spent the last years talking about the debt problems of the developed world, get ready for the debt problems of china. we think of china as the worlds greatest creditor. >> china intervened to massively support its economy in the response to the credit crunch that happened in 2007 and 2008. that is now a huge problem. they face the difficulty of controllin...
January 1, 2012
harvard physicist. a look at the way your mind works and doesnt. fascinating conversation with nobel prize winner daniel kahneman. a big birthday but an awkward time to throw a big birthday bash. ill explain. first my take. its the start of the new year and we will do predictions on this show. i thought id try my own hand at some before asking others to risk their reputations. and in the spirit of keeping myself honest, im going to look back at what i said and wrote in "time" magaz...
January 1, 2012
the future with a brilliant harvard physicist. then deep inside the way your mind works and sometimes why it doesnt. fascinating conversation with nobel prize winner daniel kahneman. a big birthday but an awkward time to throw a big birthday bash. ill explain. first heres my take. its the start of the new year and we will do predictions on this show. i thought id try my own hand at some before asking others to risk their reputations. and in the spirit of keeping myself honest, im g...