That mandate equal coverage for physical and Mental Health care. Mental Health Care Providers testified about difficulties in implementing a federal health care parity law. This hearing of the house energy and subcommittee on health is an hour and 40 minutes. Ladies and gentlemen, if youll take your seats, well start. The subcommittee will come to order. Before we begin, i want to make a note that members may be filtering in and out throughout the hearing. Unfortunately, the condensed september session, there are a number of scheduling conflicts this morning. But we wanted to be sure to have this important hearing before congress recessed at the end of the month. With that being said, chair recognize himself for an Opening Statement. Todays Health Subcommittee hearing will examine the federal Mental Health parity laws and regulations. In 2008, Congress Passed a bill requiring most Group Health Plans to provide more generous coverage for treatment of Mental Illnesses comparable to what
U. S. Economy atop of worries about emerging markets. It was an orderly but a broad selloff with almost all sectors down 2 to 3 . Even staples was down 2 . The volume was very heavy, one of the heaviest days in a year suggesting that many professional traders were lightening up exposures to stock. Theres been a lot of talk about market complacency. As i mentioned, the volume was huge. 4. 7 billion. Thats one of the heaviest days in more than a year. As i mentioned, the volatility, the v. I. X. , closes at the highest level in years. Bottom line, most traders saw bonds that continue to rise while stocks continue to move up. So far, the consensus has been completely wrong, larry, but then again it usually is. Lets call it the great rotation in reverse. Back to you. All right. Many thanks, bob pisani. Appreciate it. Lets talk about how the key asian markets have opened after the big selloff. Matthew taylor is joining us live from sydney, australia. The nikkei just opened. 8 on japan. Push
Cooperate for the game at fedex field. Chuck bell has the first forecast now. Good morning, richard and angie. Good morning, everybody. Welcome to your sunday morning, after an absolutely spectacular saturday here in the nations capital, today will be just about as nice. A little more cloud cover today, nothing to worry about from a rainfall perspective. Temperatures not cooled as much friday night to saturday morning. A pleasant start out the door. Chilly, but it is november. Temperature, 41 degrees in downtown. 46 in analysis. Chillier spots to the north and west. Haegerstown. 31, martinsburg, West Virginia 29 degrees. No rain drops on storm team 4 radar too close to us. Nearest are off the outer banks of North Carolina. Today, a sunny start. Increase in cloud cover this afternoon. But temperatures once again reaching up to the low 50s and, yes, indeed. You mentioned it. Eagles redskins, 1 00. Good weather for it. Sounds great, chuck. Thanks. This morning, family and friends are mour
Shpping. Dont hold your breath thinking that we are at the verge of breaking in a record. Not that the record numbers werent out there shopping. Lets just say that they werent doing a lot of buying one is much buying. So monday we did see a 3 decline. That is what the National Retail federation is expecting. Target sales . Dollar sales . They are seng a decline in the amount of the average person is spending. In the population increases every year. Overall we may see the total sales rise. But its th amount that the average person is spending and cybermonday is a different story. People have been collecting the offers, retailers have been getting very aggressive and so efficie. People are having more confidence to shopping online and getting products before christmas and thats driving more salesonline. Neil the argument is that more and more are veering with Online Purchases and that will maybe save the retailers. You agree . I agree that we will see more people doing this online. But s
Shopping. Dont hold your breath thinking that we are at the verge of breaking in a record. Not that the record numbers werent out there shopping. Lets just say that they werent doing a lot of buying one is much buying. So monday . We did see a 3 decline. That is what the National Retail federation is expecting. Target sales . Dollar sales . They are seeing a decline in the amount of the average person is spending. In the population increases every year. Overall we may see the total sales rise. But its the amount that the average person is spending and cybermonday is a different story. People have been collecting the offers, retailers have been getting very aggressive and so efficient. People are having more confidence to shopping online and getting products before christmas and thats driving more sales online. Neil the argument is that more and more are veering with Online Purchases and that will maybe save the retailers. You agree . I agree that we will see more people doing this onli