Page 22 - Fed Chief News Today

wait. >> bullets kept flying as our team sped away. >> okay. were leaving this area. theres gunfire all around us and we believe that gadhafi forces are doing a round about movements so we are rushing out of this area. >> this reminds us just how dangerous and desperate the life has become for the libyan people. were going to talk to ben live from libya later. india police say it is going to take more to pinpoint who is behind the triple bomb blast in mumbai. it killed 18 people. no ...

With who you actually talk to. and we heard from the fed chair today. right? >> thats right. you know, ill tell you what this means. what it shows you is conflicting information, suzanne, about whats happening in the job market. it shows you that its very hard to get a grasp on where things stand. i can tell you that the unemployment jobless claims, first time jobless claims fell to a three-year low. but the fed chief, hes been asked about the economy. hes been asked about jobs creation and budg...

Hathaways warren buffett saying in his left to investors that he is "itchy to make more big acquisitions." as if on cue, deals broke out all over. ventas which owns senior housing skmunts buying nationwide health for $5.8 billion. health care reit is buying genesis health care for $2.4 billion. >> last night blackstone group announced buying 588 u.s. shopping mall assets from australias central properties for $9.4 billion. elsewhere, the u.s. has approved the first deepwater drilling perity in...

Magnetic plasma. scientists say the blast was directed away from earth and is not expected to affect our satellites or electronic systems. and now heres a look at how wall street will kick off the day. the dow opens at 12,130 after adding 61 on friday. the s&p 500 rose 13 and the nasdaq was up 43. taking a look at overseas trading, tokyo, the nikkei gained 97 points. hong kong, the hang seng surged 325. stocks were back up friday giving investors hopes that the backward slide is over. there ...

That is one issue. manufacturing activity also decreased. also a big piece of this number was the trade-in balance. basically we are importing more than we are exporting right now. fed chairman ben bernanke telling us today look, this is an aberration of the number things will get better next time. the next quarter we will get a final read on div nd. for the second quarter, shep on september 30th. we would like to see it get a little bit better but right now analysts dont expect to happen. >> sh...

Stocks set and opening higher this morning. we arent expecting investors to make any really big moves until they hear from fed chief ben bernanke. hell be delivering his semi-annual testimony before congress today. also tomorrow. you can bet those questions from lawmakers will focus a lot on unemployment in this country, the outlook for the overall economy and interest rates from the fed. what happened last week thats really going to play in here, the fed surprised wall street. they raised the i...

Jerome powell the new fed chief started on the job yesterday. he has a real tough job ahead of heim here if this economy really does start to overheat. >> do you want to look at the dow futures now? do you do it second by second? >> i do look at them 374 right now. s&p futures are down more than a percent. percentage is really important here. in 1987 when we were all in diapers. >> diapers. >> the percentage drop for the s&p was something like 22%. >> right. >> a 4% move is a very big deal, no q...

Outside now. >> who is michael anglo in this scenario? >> you. >> we have really gone off of the deep end here, but what has happened over just the last 24 hours or so is so stunning and now you have bannon in this interview, we dont know about him, but he is out of the running to become fed chief, is that a coincidence. >> my understanding is that he saw gary cohen going out, giving that interview to the financial times, criticizing him for the response in the wake of charlottesville. as wildly...

Latest updates on this topic.

To expire and have the biggest tax cut in the history of our country? no. >> you mean a tax increase is your point? >> a tax increase. im sorry. we thought that the better way to do that was to limit the deductions and credits, the so-called loopholes, derive the revenue that way and in doing so you could both reduce some of the rates and have enough revenue to actually apply it to deficit reduction. that amount was $250 billion. >> the bush tax cuts, though, i come back to, because real deficit...