And the unveiling of obama care is continuing disaster. Meanwhile we have this latebreaking news. The administration is taking major parts of obama Care Exchange website offline for large parts of the weekend for, and i quote, maintenance, whatever that means. All these stories and much more coming up. This is the kudlow report, beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. We are live here at 7 00 p. M. Eastern and 4 00 p. M. Pacific. Now, the current battle over the Government Shutdown and the debt ceiling deadline may seem like politics as usual, but there is something very different this time around. President obama seems to want to raise the fear level and actually i think he is deliberately talking down the markets to create a crisis for his own narrow political gain. Just listen to this. They are threatening to actually force the United States to default on its obligations for the very first time in history. As reckless as a Government
Deals, looking for some specials. Well, yes. Ill go online. Ill shop all day there. But coming out here . I will say, were finding some stores are doing a lot better than others. Yes. Its very hitandmiss. Well be talking about that over the next couple of hours here. Because thats the Real Advantage of being here, bill, the shopping mall. We should mention, as youre out across the country, you are being watched. There are analysts here. There are retailers who are measuring traffic with digital devices and just taking a look at the shopping bags. I mean, this is actually where the research happens, for people trying to figure out who the winners and losers are today. We walked around the mall before the show. We met two analysts scouting around to see what was going on. Well talk about that coming up. Meantime, weve got morally going on wall street. The dow and s p in railroad territory, up 45 points on the dow. We were up 76 earlier. Nasdaq up 32. Another 13year high there, and the s
At the end of the week. Others getting an early start on the weekend when a man in the terminal pulls an Assault Rifle out of a bag and starts shooting. He blasts his way where passengers normally exit and then makes it a actual way to gates before he is shot by police. One tsa officer is dead, the first killed in the line of duty in the 12year history. Multiple other officers were hurt. Airport Authorities Say in all some seven people were injured, at least one critically. The suspected gunman is paul anthony ciancia, originally from new jersey, living in los angeles, employment unknown, motive unknown, but apparently was carrying paper that said kill tsa. In new jersey where his family still lives he sent a text just this morning mentioning suicide. Pensacolaville Police Called Los Angeles Police asking to check on him. His roommate said he hasnt seen him but then it was too much. Traffic in l. A. X. Ground nearly to a halt. Only now nearly seven hours after the incident are things s
You dont want to miss this last hour of trading here and see whether we can finish positive or negative. The dow is up 28 points. The s p 500 adding just about a point, the nasdaq is barely above the 4,000 mark. A lot will come down. Given the redemption numbers weve been hearing, a lot will come down to what we here in the next session. This would be you. All right. Have you heard many youve heard many warnings about bitcoins. An alarm bell is being sounded about the Digital Currency. A Cashless Society, get this, will jeopardize our freedom. Will the government really track everything you buy right down to a pack of gum . Thats his concern. His argument to lay out why hes very worried. Whats interesting is he runs a bank. Might have a stake in the game. Thats very interesting. If you google the term world takeover, you might come up with two words amazon and google. Amazon is expanding even more, looking to take some of costcos market share and new plans from google indicate that, if
Guess whos here. Thats jim cantore. This is jim cantore, mr. Weather man himself. Hes got the whole thing, thank you. You did very well. Thank you very much. So did you. He told me it was going to be very hard to make snow balls in this weather, right . I did. Andrew too dry. Andrew, we cant wait to see you back here. Have a safe trip back. That does it for us. Squawk on the street starts right now. Appreciate it. Good friday morning. Welcome to squawk on the street. Im melissa lee, with jim cramer and Carl Quintanilla and david faber. How are we poised to start the friday morning session. Right at the open, the s p 500 looking to add to fiveyear highs at this point. Looking at about six points. As for europe, gdp figures in the uk nearing a tripledip recession. Capping off a big week for the nikkei, up almost 3 for the week. Our road map this morning, dow taking aim at a new record high on track for the best january since 1997. The s p also poised for its longest winning streak since