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Wholesale prices dipped in october for a second straight month down 0.2% on cheaper gasoline prices and the average rate on the 30-year fixed mortgage reversing the climb this week falling to 4.22%. that's it from cnbc first in business worldwide. [ female announcer ] can it get any cleaner? with swiffer bissell steamboost... guys! [ female announcer ] ...it can. introducing swiffer steamboost powered by bissell. it gets the dirt that mops can leave behind, with steam-activated cleaning pads that break down dirt and lock it away.

Reeva steencamp in the town of port elizabeth. and a dramatic fall from grace, this morning, oakley and other sponsors are cutting ties with him. and turning now to gas prices, the surprising pace at which they are climbing, regular unleaded going up for the past two days, the national average at 3.73, a gallon, 15 cents in a week, and 40 cents in a month. >> reporter: at gas stations across the country, customers are asking the same question, what could possibly send gas prices up 43 cents in a month? that is an extra 8.60 on a 20 gallon car. in chicago, more than that. up 70 cents a mont...

Sectarianism and the government losing control. yes, the government could be collapsing or could be losing control. but in its place, you're seeing is sectarian fighting. >> richard engel in cairo for us, richard, thank you. here's a look at other stories topping the news now. the manhunt under way in alabama for that man wanted in a shooting that killed three people, wounded three others near auburn university on sunday. investigators say that desmonte leonard opened fire at a pool party after getting into a fight over a woman. two of these killed were former awe bern football players. mi...

To shape regulations of their investment. >> so they're strongly opposed for obvious reasons. steve coll of the new yorker magazine. his latest book is called private empire. exxonmobil and american power. thank you so much for coming on. it's a fantastic book. we await the president speaking live in chicago. first, sue herrera has the cnbc market wrap. >> good afternoon. it's a strong day on wall street with the dow up about 120 points, and the nasdaq is strong as well. the nasdaq strength certainly does not come from facebook. instead, it is coming from apple which is up better than 4% on ...

And how they're moving. an hour and a half into the trading, we are seeing the losses deepen in the case of the paris cac, off by a half percent. the london ftse and the dax also down. the zurich smi going the opposite way, it is up just very, very slightly. on the currency markets, following a downgrade of portuguese debt by moodys, the euro is falling against the u.s. dollar, both the pound and the yen are gaining. 84.22 the japanese yen, pauline. a weaker yen, good for exporters there. but here in asia the nikkei in tokyo did lose more than 1% as the country's nuclear crisis continues. st...