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First breaking news on how the tax plan will impact you ylan mui is live on capitol hill. Reporter treasury secretary Steven Mnuchin spoke moments ago about the administrations first step in turning the tax law into reality. Treasury department and the irs have just issued new guidance it to employers, telling them how much money to withhold from their paycheck under the new tax law. The irs will be releasing a new withholding calculator that will be vail on irs. Gov by the end of february. This will help provide individuals with certainty, so that they are neither overwithheld or underwithhel...

Lets get to the Global Market picture. Lets look at a start to the year which has been the best start to the s p since 2003. The first nine trading days of the year up 4. 2 on friday the dow was up 0. 9 the other two indices up 0. 7 . Week to date about 1. 5 to 2 of gains. This morning, as you can see, resoundingly positive start in the premarket. Dow up 271 points. The s p up just 14 the nasdaq up 38 very much the dow surging higher this morning tenyear treasury note for you which has been in focus, last week yields rose in lieu of international yields rising at the start of the week, but the...

Power lunch starts right now welcome to power lunch. Im michelle carusocabrera. As you can see, negative territory by more than 100 points nasdaq is still in positive territory by higher than 3. 5 points melissa mentioned ge and boeing. You can see ge by off by 2 and boeing off by 2. 5 bitcoin, though, is bouncing back following a few wild days you can see its higher by nearly 6 along with other movers alcoa is down 8 on its earnings you can see it is off by 5 bucks. Brian . Thanks, michelle. Heres what else is happening the race for Amazon Headquarters and the money behind it is heating up th...

Extremely positive senator joe mansion, democrat from west virginia, who he did vote in favor of the bill on friday he said the meeting was very positive but senator nelson of florida who voted no on friday said that he believes you will see a resounding yes this according to our colleagues from nbc news. Republicans feel they offered a significant olive branch and even being willing to bring immigration debate to the floor before february 8 but we will see whether those assurances are enough to win over what are 12 democratic votes needed to secure this to reopen the government but stocott, o...

Investigate weather john brennan played a role, and two republican senators demand former own National Security adviser susan rice explain a bizarre email she sent to herself moments before President Trump was inaugurated. Documents prob probe pro presids guidance to the fbi, republicans to know why . And President Trump vowing to fix nation nation crumbling infrastructure. We have spend 7 trillion dollars in the middle east, 7 trillion. When a mistake. And what a mistake, and were trying too build roads and bridges. We have a hard time getting the money, its crazy. President promised america ...