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Governments around the world pump cash into the Financial System the president promised a large stimulus package, including direct payments to every american and boeing and u. S. Airlines, a Financial Aid package for billions of dollars as the treasury secretary called the situation worse than 9 11. Steve liesman has the latest from the fed Kayla Tausche is tracking the fed response from washington much more from her as you just heard. Lets start with you, mike, on the key market levels. We just bounced off a key market level, wilf s p 500. We closed yesterday about 1 above that december 2018 closing low about 2351 we spent very little time under the 2500 level now what this is, i would call it a very modest bounce, given the destruction that we saw in recent days. I think you can make the can case between thursday to mo ....
Good evening. Good evening, larry. It was a showdown at the white house between the speaker and the president of United States. Ill bring you all the details here on who was inside that room over at the white house today. All right, thank you. And there was a twist this afternoon from president obamas favorite for secretary of state. Ambassador susan rice withdraws her name from the running. Ill tell you coming up what lead her to make the decision. And im jackie deangeles. Ongoing jitters over the fiscal cliff continue to keep the markets on edge. The decline is all across all ten s p sectors. The kudlow report starts right now. First up, we begin with breaking news out of washington tonight with just 18 days until the countrys economy falls off the tax and fiscal cliff, turns out president obama and House Speaker john boehner have just wrapped up a surprise meeting at the whi ....