Stay updated with breaking news from Larry myer. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Clean debt limit increase. Under no circumstances . I told the president theres no way were going to pass one. The votes are not in the house and the president is risking default by not having a conversation with us. By moodys ceo says the chance of a u. S. Default is extremely unlikely. That reflects our thinking that it is extremely unlikely that the government treasury is not going to continue to pay on the treasury securities. Hopefully it is unlikely that we dont go past october 17th and fail to raise the debt ceiling, but even if that does happen, then we think the u. S. Treasury is still going to pay on its treasury securities, prioritize those payments. Still, the dollar is trading near an eight month low today amid debt default fears. Take a look at whats been happening. You can see that the dollar is down against the euro at 1. 3572. The dollar is at 96. 96. Well talk more about that with john harwood. First, andrew has a roundup of the mornings top stories. Andrew, welcome b ....
Of 2013, but im back now. In corporate news, boeing completing what it calls an uneventful test, a flight of the 787 dream liner. And opposition is growing to dells big buyout, that 24 billion buyout and a Carnival Cruise ship is floating in the gulf of mexico after an engine fire. Plus, digging out, the northeast hit hard by a weekend blizzard. Hundreds of thousands are still without power. Airlines are trying to restore service. And news out of the vatican about the pope. If you havent seen it, well bring you that, as well. Its monday, february 11th, 2013. Squawk box begins right now. Good morning. Im Andrew Ross Sorkin along with joe kernen. Becky is off. Breaking news, the vatican has Just Announced the pope will be resigning on february 28th. The blizzard brought as much as three feet of snow to some areas in t ....
It is jobs friday, the bulls are betting that this mornings employment report will add fuel to the markets report run. But theres always that risk that the numbers could rerail the rally. We want to talk about this. Plus, cash back. U. S. Companies are showing investors are love with the windfall of dividendes and Share Buybacks. Plus, stress tests. The major banks get a passing grade. I think 18 out of 19 from the Federal Reserve. Still, critics say questions about the health of the Financial System remain. Its friday, march 8th, 2013 and squawk box begins right now. Good morning, everybody. Welcome to squawk box here on cnbc. Im barack obama along with joe kernen and Andrew Ross Sorkin. Happy jobs friday, everybody. Double whamny today, not only is it friday ....
Get ready to rock with return of Montana favorite music festival bozone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bozone.com Daily Mail and Mail on Sunday newspapers.