Page 26 - Fracking Operation News Today

people can feel like they can have control over now, if you can get through to the bankers. >> were trying and its not cheap to refinance. >> thats right. >> you have to think about whether you want to do that. >> if rates go low enough, its good to check it out. >> its friday. >> yes. >> yeah. although the week started off well, the realization that a second recession may be drawing closer is hammering stocks this morning. actually futures. here in the united states, the dow dropped 4...

of the turmoil on wall street has been triggered by fears over the european debt crisis and the anemic economies. and richard quest, one of the best people to turn to when we want perspective on the global economy. he joins us from london. what happened in the european markets today? >> reporter: the europeans went down initially and then down further and they rallied with wall street. we closed down 1% in london, and paris 1%, and frankfurt, once again the german market is being cream...

do not feel like the unemployment situation is working well enough for them and their families and this coming together as we have a big deadline coming up for the super community to figure out how to get our debts and deficits in order. the rest of the world looking at us and worried how serious the u.s. is about political harmony. a lot of different fronts all moving at once. you add in europe and the sense of confidence, this lack of confidence around the world and that is what we a...

and toothpicks, and then some people saying i dont want to try the cake because my mouth will get hurt. thats what is going on. >> this is something that we have been seeing over the last few weeks. is this really any different than the turmoil we have been witnessing? >> i think ali is spot on. you think back to just before the huge selloff and volatility last week, we had our own numbers that showed we had almost no growth. we have a new manufacturing number today, a regional manufac...

anderson. >> he was giggle. >> thats the first time i have ever seen him completely lose it. it was funny. >> a lot to talk about this morning. we have breaking news. a suicide truck bomber targeting the u.s. military base in afghanistan. it happened in the city of gardez a few hours ago. officials say the truck ripped through the main security gate. killed two afghan guards. nine others were hurt. and the taliban is taking credit for the attack. >> less than two weeks after downgradin...

well begin with the breaking news, all of us with money in the stock market, were just catching our breath and now this, another big selloff on wall street. all three major indices way down at the closing bell. the dow losing a hefty 419 points. its the fourth biggest slide for the dow in a month of big losses. the dow has plunged 1152 points so far this august. thats a drop 9.5%. and the month isnt even over yet. lets turn to cnns richard quest. hes following whats going on. a lot of ...

proposal that my sources tell me will have specifics in a way his critics have been calling for. so according to my sources it will be actual legislation. that is real detail. until the package will be new initiatives not a rehash of the policies weve been hearing him promoting recently like patent reform or an infrastructure bank. my sources say therell be proposals in three main categories, targeted tax cuts, another big one for the white house is new infrastructure investment, and t...

europeans and the americans might have to have more central bank intervention into the markets and also said that there have been policy decisions in europe and the united states that have been poor, and then on top of that, that was enough. that was already bad, brooke. then we got some economic reports right here in the united states. slowdown in housing, slowdown in manufacturing, and, you know, not a great report about new jobless claims. basically it all piled on. people ran out o...

thwart a potentially catastrophic event, the likes of which the city of tampa has not seen and hopefully never will. >> i want to bring in david mattingly who has been covering this for us all day long. i want to begin with the fact that im glad were sitting here telling this version of the story. this could have gone a different direction. a lot of this is all in thanks to this unsung hero who we may never know who this individual is who tipped police off. what did the police ultimate...

from the summer break. president obama has actively been meeting with some to create a plan. the question is how specific will it be and will it help? white house officials tell us its a work in progress, and will include tax cuts and infrastructure ideas that could create jobs, and measures that target unemployed, and struggling economic sectors. they say the president is working on a debt reduction proposal and will present the so-called super committee, and as you know its the 12 la...