Page 154 - Stimulus Program News Today

Base becomes really important because those are the people who turn out to vote. >> the fascinating stuff as always, gloria borger, nice to see you. thank you, thank you, as well everyone for watching. im going to turn things over to "around the world" which starts right now. right now. have a lovely day. -- captions by vitac -- www.vitac.com a diplomatic uproar after this indian woman is strip searched and arrested in new york. now the country, india, retaliating against the united states. >>...

Costello. thanks for joining me. investors could be getting ready for a wild ride. at 2:00 p.m., the fed will announce whether it will pull back on its massive stimulus program. this is what has lifted stocks to record highs and giving your 401(k) a healthy boost. alison kosik is joining us from new york. good morning. >> good morning, carol. despite seeing your 401(k) do really well, there have been concerns about what will happen if the fed pulls back on the stimulus. there are questions, how ...

>> so funny, isnt it? ben bernanke the president chairman is give his last conference. the big question for investors is when this will happen and by how much the fed will bin reeling back its stimulus program. so far the fed has pumped $3.8 trillion into the market thats kept interest rates unusually low. while some economists, in fact, most economists expect it after the meeting a mini taper could be in the cards. >> like a tapette, a tapertini. >> the company seems to be getting back on its f...

Month that puts the seasonally adjusted rate at its highest level in nearly six years. it is decision day for the federal reserve, at 2:00 p.m. eastern well learn whether the u.s. central bank will continue its massive stimulus program or if it will pull back on the $85 billion in bonds its been buying every month. youve probably heard this move described as tapering, but what does it mean for you? alison kosik is in new york to tell us. good morning. >> good morning, carol. what the federal r...

>> takes you six months to get to where i would be the second i win. >> youre ahead of me, more sophisticated than i am. im a boy scout. the mega millions jackpot is the subject of the question of the day. how much are you going to spend on mega millions tickets? tell us about your lottery buying habits. wnnfans.com. >> good luck to everyone out there, by the way. moving on to a rebound for stocks. markets have been posting gains overnight following wall streets lead. investors here in the u...

Newspaper, pope frances says in part, "the marxist ideology is wrong. i have met many marxists in my life who are good people so i do not feel offended." he also denied he is considering naming a female cardinal. he said women in the church must be valued, not clericalized. and there is also this adorable video over the weekend. a young boy removing pope frances ketto. and the pope playfully laughed it off as you always seems able to do. wall street will be keeping a close eye on the federal r...

Reserve nomakes an announcementn interest rates. well keep a close eye on wall street. and time to stay classy. will ferrell fans, the comedy "anchorman 2" hits theaters. a lot of people looking forward to that, including myself. and lets take a look at friday here. there we go, friday, the beginning of two plus weeks of fun and sun for the first family. president obama and his family travel to honolulu to enjoy a christmas and new year holiday vacation. victor, back to you. >> pamela, you kno...

A california hospital employee 17 days after she went missing. >> that is bizarre. >> yeah. >> i think were going to hear more about that one. also, number four, new yorks florida university apologizing after telling 2,500 students yeah, you got into college. no, you really didnt. students got an e-mail saying congratulations. 500 of them were not accepted. the students got an e-mail later telling them about the mistake. >> can you imagine in? number five now, investors are worried the federal...

Were just chatting. its "money time." alison kosik is here. weakened stocks after the dow jones industrials fell yesterday. making commitments ahead of the federal reserves meeting cha happens next week, thats when the fed is expected to announce whether its to begin pulling back on the $85 billion a month stimulus program which has kept interest rates low for a long time. the dow slid 52 points the nasdaq s&p also fell as well. before you sweat it out, look how far weve come. the dow is up 22...

>> except for the top. >> will is something to stick in here though which is the good employment news that we saw friday, for example, had no impact on the top 1%. the people who didnt have a job who now have a job are the people that are really in the bottom half. and also, if you look at the michigan survey which i think is the most scientific economic survey out there, the sentiments skyrocketed in the last survey. it is the biggest increase ive seen. >> but its still below where it was. >> t...