Home builders a few areas in the market that are bouncing back today, this afternoon. How long does it last . They look very different from when you were doing World Wide Exchange this morning. Correct. Futures were down 150. Why are we showing you Richard Cordray because 185 million from wells fargo after employees reportedly created false accounts to receive compensation incentives. That man, the head of the bureau will join us on a first on cnbc interview. And we will have a very special guest here at the New York Stock Exchange. Mr. Meat. Meat loaf will be joining us to discuss his new album and the changing music business with headlines today on pandora. His first album came out still sells 200,000 albums a year. It is still selling out. He was on celebrity apprentice. Donald trump. Lets just look at that. He comes to wall street. Lets start with the latest fed speak although i hate to leave the meat loaf video. Steve joins us from headquarters. I think the market wants to know ri
Recall for the model x a couple hours ago. How the bad news could impact the musk empire. Netflix set to increase prices for about 17 million users with increasing competition in the space. This music is killing me here. Can the streaming giant keep Pricing Power . Thats the question well debate here on closing bell. I think we should keep it going the whole time . Why not, sure. Goldman sachs getting hit with a 5 billion fine. Eric sneiderman will join us after the bell and those goldman shares rallying on the hopes that the last few of these remaining settlements we are seeing in the past just as were coming up on earnings season. Where does all that money go . Thats the question well be asking, 210 billion, i think Something Like that at this point. So far, exactly. From these fines and settlements, lets get right to the unexpected meeting between president obama and janet yellen with her thoughts, from the washington post, ylan, good to see you. What are they discussing . Reporter
Jewish holiday. Buyers were there, nonetheless. Bob pisani, hot week for the market. Hot stuff. We ended up very well. Held up very well today. Let me show you major sectors and what happened. We had a Diverse Group moving the market forward. You get these rotations going on. Airlines were the big gainers again this week. Theyve been strong. Home builders, defense stocks moved up middle of the week as Interest Rates moved down a little bit. Then a whole group of cyclical names that did well. Defense stocks and semiconductors did well. The big market leaders, big gains on the year, biotech, huge number of biotech ipos. Btk hit another historic high. Global indices also did well. I call it a 2 week. In some parts of the world they did better than that. China had a great string of five days in a row. Japan getting its mojo back. Germany up. Even brazil managed a small gain with gains today. For the week here in the united states, im calling it a 2 week right across the board. 2 gains. Dow
The IEA prediction that fossil fuel demand will peak by 2030 seems to be a case of assuming continued behavior in the near-term, then a change beyond the visible future.
a consequence of not drilling in the gulf and drilling in other places. the white house has misplaced its emphasis. peter, some say other energy watchers told me you need to have sustained gas prices above $4 before it s really going to hurt the consumer. you think we could have a second recession at this level of gas prices? or you think we have to have higher gas prices than this? the thing is, hurt the consumer. what does that mean? every time you pay more for gasoline, you have to take money out of savings, people don t have a lot of these days, or they have to divert purchases from something else. fewer restaurant meals. a couple less garments purchased this year. things of that nature. those all slow down the economy. when money leaves the country, that doesn t return, to pay for imported oil, it slows the economy. it s a tax. $1.40 a gallon, $4 a barrel. in my estimation that would do it if it happens right now. i want to ask you both this