Americans are open for business and we are competitive once again. Thats the president making his case for u. S. Economic growth at the World Economic forum. Good friday morning, welcome to squawk on the street. I am Carl Quintanilla and jim cramer and david faber well have more on trade, the dollar and International Cooperation and we still have earnings to get to starbucks and intel both moving in different directions. The ceo of starbucks is also coming up with us a the president just finished at the World Economic forum in davos. He emphasized the new trade stance in his administration the United States will never turn an eye on economic planning these and other behaviors are harming businesses and destroying the Global Markets and harming businesses and workers around the globe went onto call regulations still taxation and talked about how it has been around the world. Americas first is not america alone. Look, i think that he made a great sales pitch for america. I think thats no
Who have prior health issues, and, their, theyre still going to be covered, i dont take that away here. But im wondering if the pinch some of these hospitals are feeling doing with the possibility theyre going to bear a disproportionate share of those costs, maybe as they should. Im not here to judge. Stuart fair point, neil. Im sure if you ask a democrat you will figure out the answer on that one. Neil i like way you said that is a fair point. That is figure of speech. Neil. All right. That could be an interesting wrinkle here. It is sort of like the healthy, versus unhealthy, those with prior conditions, versus those without them, and if we have sort of like a medical hatfields and mccoys who goes where, who foots the bill . Blake burman at the white house crunching numbers. White house, to stuarts point, blake is saying well reverse what has been happening now, with a big question what happens to that sick pool of patients now, right . Reporter white house has made it clear, neil. T
Made it more difficult to get our arms around that. Reporter her dad committed suicide one day after returning from a tour in iraq and now her mother prepares for another family funeral. You hear about it a lot lately, but when it is from someone in town and from relatives in town it hits closer to home. Reporter ashleys uncle is a Police Officer in west springfield. He actually worked today. He leaves tonight for a service tomorrow in virginia. Obviously many of the family is already down there. The plans here from massachusetts are not finalized as to the exact times and all of that. But one of the plans is to put many of those officers from out of town up over at the expo center. They have a lot of space over there. Im jack harper, Wcvb Newscenter 5. Phil new documents reveal what the marathon bombers were thinking in the moments before the deadly attack. Ed it was done in the hospital room and he told agents they decided where to place the bombs not knowing which one was closer to
And, folks, a key part of the estate tax, controversial tax to begin with, being almost totally ignored. Is the irs about to strike back . Well tell you about that one. We certainly will. We start with fed chair janet yellen getting grilled on capitol hill on regulating the banks and also her comments on the economy. Steve liesman, take it away with the highlights. Shes just finishing up testimony now, mandy, on the last question of the hearing that gab at 10 00 a. M. This morning that was supposed to be aboutbac banks but ended up mak news on monetary policy. Chair janet yellen told markets to wake up and get ready because december is a live possibility. What the committee has been expecting is that the economy will continue to grow at a pace thats sufficient to generate further improvements in the labor market and to return inflation to our 2 target over the medium term, and if the incoming information supports that expectation, then our statement indicates that december would be a l
Some extent. We got the fed minutes, and it would seem that december is likelier than not, but once again, the fed is emphasizing the gradual pace of rate increases. Stocks are little changed, but twitter between positive and negative. If you look at the bloomberg terminal, you have the poroshenko. Utilities trading height push and pull. Utilities trading higher. Tech and Consumer Staples doing well. Health care and energy the big laggards. Health care, on United Health cares announcement that it is considering trimming back on its Affordable Health care act coverage. Again,trading lower once although it has paired its declines once again to some extent. Still a hangover from yesterdays inventory report. Interesting call today. Goldman sachs says the mild winter, if we see it continue in the u. S. And europe, that we could see oil in the u. S. Fall to as low as 20 a barrel. This is even though brent is higher today. Wti is taking a hit. The dollar is declining. 0. 08 , on this assumpti