December 07 News Today

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The sixth time in on a republican debate but i cant wait. the numbers have been astronomical for every network that aired these debates. i doubt things will be different tonight. youve got your day cut out for you so ill let you go. the iowa caucuses, so close you can smell them. but youre also going to see democratic voters casting ballots for the first time there as well. smaller field. just two candidates essentially. hillary clinton and senator bernie sanders. theyre the ones who are opting ...

Hoping for. cnbcs chief washington correspondent john harwood joining us live. john, theres not a lot to spin out of the numbers after what it looked like the recovery was just three months ago. >> reporter: well, exactly. what it does is confirm some of the signs that we saw in weak job reports over the last couple of months, that economy wide, we are looking at a much slower recovery than we need to replace the 8.4 million jobs we have lost since december 07 when the recession started. to put ...

It. >> it is a value judgment, isnt it? the committee tells us the recession began in december 07 says, what, over two years later, it is premature to say we are out of it. you know how economists are, gregg, on the one hand, this and the other hand, that, on the one hand you have the committee saying it is premature to say the recession is over, but on the other hand youve got corporate profits which are absolutely booming. the stock market is taking off, the dow back to around 11,000, as we sp...

Behind the wheel of a car. the victims of tuesday nights shooting were attending the funeral of a man shot and killed nearby, five people were also wounded in what gun yowrntion police say retaliation may be a possible motive for when. -- for it. martha: despite the drop in unemployment benefits claims last week, its still pretty tough out there as most of you well know, and tomorrow, president obama is going to visit one of our struggling cities in this nation, charlotte, north carolina. charlo...

Indicator also. does this alter the base lick outlook on the u.s. economy. >> no, it does not. were still heading south. were still weaker. tomorrow we get the gdp report. it will look like it shows a growth rate less than 1 1/2%. that is economy fully on its back. bill: thank you, stuart. stuart varney with us here. here is martha with more context. martha: you have the two factors stuart talked about. youve got growth where you get in the gdp. very significant where the economy is headed and y...