Traders say that the vix illustrates the central bank as backstopping the markets so that means theres less demand for downside protection. Speaking of Central Banks, we have two key decisions to watch today. The bank of england is expected to withhold fresh monetary stimulus as the start of the new year gets under way. Forecasters say that the Economic Data is still too mixed to try and trump inflation worries. The ecb also expected to stay steady, holding its key rate at. 75 . Policymakers are seeing refraining as the eurozone economy shows signs of stabilizing. We are going to bring you both decisions as soon as they are announced. And the ecb reports comes out 45 minutes later. First, breaking news out of washington. Today, president obama is going to be announcing his plans to nominate jacob lew as the next treasury secretary. The president will be making that announcement at 1 30 eastern time in an event in the east room of the white house. John harwood joins us now with more on
Starbucks is boosting its forecast despite Slower Growth. Samestore sales cooled more than expected at Online Shopping kept consumers at home. And a boeing executive says the reliability of the 787 dreamliner is slowly improving, but it is still not at satisfactory levels. Boeings Vice President to services adds that the firm is working to improve the performance. The dream liners reliability rate is now at about 98 . And that means two out of every 100 flights is being delayed. Thats been happening with the markets, too. Over here, the market stays open until about 10 00, so we were able to have a couple of cocktails based on what was happening yesterday. It was down over 200 for a while, closed down sharply. I dont know what the malaise is at this point. Lets look at the futures this morning which are extending the action we saw yesterday. Down another 85 points. The revenue shortfall didnt help. China growth story. Car bombing in cairo. That was this morning. But yesterdays activity
Up next, a forum on the occupy movement. This is one hour and a half. [applause] thank you very much, everyone, for coming. Thank you to the department of Political Science. Today, we have for pronounced we have for pamela spirit we will have a bit of discussion between them and then moved to audience discussion. First, deborah is the this is a professor of ethics and society. She is also the senior associate dean for the humanities. She is a member of the Philosophy Department and director for ethics and a society. Her research focuses on the ethical limits of the markets. A place of equality in a just society and a rational choice. She also works on ethics and at the in education. She is coeditor of the forthcoming collection, occupy the future. He is a graduate of mit and an early participant in occupy washington occupy boston. He specializes in web applications and design. A cofounder in danger of some in cambridge. Actually, just in Central Square. If he continues to be engaged in
Do you like those sweaters . I think you would look really fabulous. The red, you think . The red would look fabulous. You would have to button buttons. You can do it. The scottish sweaters. Vitamin, the name of the hours. Dont forget, the price of stamps going up. Thats it for us. Thanks very much for joining. Erin Burnett Outfront starts right now. Outfront next, manti teo speaks out, and we hear the voice of the man who left messages, pretending to be teos girlfriend. And the u. S. Government warns americans to stay out of libya right now. And why is the naacp fighting mayor bloombergs soda ban . A very serious and troubling question. And britains chief medical officer says we are facing a new super bacteria that could have the same effect and be even a bigger effect than a terrorist attack. Dr. Oz comes outfront to say why. And democratic senator Dianne Feinstein proposes a federal ban on Assault Rifles. But does she have the votes to get it passed or is she wasting her time . Lets
Them the meatball sub, a tad longer than 12 inches. I love investigative journalism. Subway released a statement, promising it does want to give you all 12 inches. And i and i quote we have redoubled our efforts to ensure trouble can arise. When im doing carpentry, i use my sub sandwich as a ruler. This explains why nothing in my house is square. Sometimes you get 13 inches. Sometimes you get 11. That, after all, is life on the ridiculist. That does it for us. Outfront next, manti teo speaks out, and we hear the voice of the man who left messages, pretending to be teos girlfriend. And the u. S. Government warns americans to stay out of libya right now. And why is the naacp fighting mayor bloombergs soda ban . A very serious and troubling question. And britains chief medical officer says we are facing a new super bacteria that could have the same effect and be even a bigger effect than a terrorist attack. Dr. Oz comes outfront to say why. And democratic senator Dianne Feinstein proposes