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Necessary. no word when the new level will take effect. harry reid filling in the president's pledge to destroy isis with new plans to introduce legislation that will create isis czar. reid says the plan would help the efforts in fighting isis. democrats will push for sanctions aimed at cutting off the terror group's ability to receive funding. time for an early start on your money. ugly morning for stocks. asian stocks closed lower. european stocks and u.s. stock futures down too. the problem here is a crash in the oil market. oil prices plunged nearly 6% yesterday. that's a seven-year lo...

Usaa. we know what it means to serve. get an insurance quote and see why 92% of our members plan to stay for life. ♪ overproduction of oil coupled with less demand means great news for american drivers. aaa says gas hasn't been this cheap, averaging $2.03 since february 2009 the because oil has been in a freefall since saudi arabia refused to cut back on production. once $100 a barrel, it's now below $38. it's been 35 years sins john

Severe for over a year. >> fred, thank you. 59 minutes past the hour. let's get an early start on the money. u.s. stock futures are higher. the dow gained 370 points on another solid jobs report. paving the way for the reserve to raise interest rates. uncertainty has held markets down for months. the s&p up 1.6%. it has been a nice rally for the nasdaq. oil prices falling. below $40 a barrel. that leaves production near record highs and prices stay low. a standoff among global energy producers. here in the u.s., production has barely declined. great news for drivers. the national average i...

Energy producers. here in the u.s., overall production has barely declined. it could actually rise next year. it is great news for drivers. national average is $2.03 this morning. hillary clinton pushing plans for wall street. clinton said if elected, she will keep current financial reform and fight for tougher new rules. her plan is impose fees for risky behavior and give the government more tools to break up big banks. she also wrote, quote, executives need to be held more accountable. no one should be too big to jail. clinton accused the republicans for the crisis. you know, in the last d...

The s&p and nasdaq down 2%. triple digit swings 13 of the last 15 trading days. one thing weighing down stocks, tumbling oil. a barrel is now below $45 because of the global supply glut. low oil prices are a good thing. $2.03 gas by december. the new forecast by the government. the energy information administration. $2.03 by december. the average is $2.37 this morning. more than $1 cheaper than a year ago. details emerging about the flight of the center of the investigation which cost the ceo of united his job. lots of empty seats on the so-called chairman's flight we reported yesterday. i...