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To reporters about this new Republicancontrolled Congress and working with them. Here is what he had to say. [video clip] weve come to a point where we have a chance to reverse a different problem a decades long erosion of middleclass jobs and incomes, and making sure that the middle class is the engine that propels our prosperity for years to come. To do that, we have got to make some smart choices, weve got to make the right choices. We have got to invest in the things that secure faster growth and higher paying jobs for more americans. I am being absolutely sincere when i say i want to work with this new congress to get things done, to make those investments to make sure that government is working better and smarter. We are going to disagree on some things, but there are going to be areas of agreement, and we have got to be able to make that happen, and that will involve compromise every once in a while. You saw ....
Is consist was this time yesterday the fed was not in a rush to raise investors interest rates. Crude reversing earlier gains after jumping 3 . The yield on 10year jumping to 2. 21 from 2. 14 late yesterday as demand for safe haven Government Debt declined. Look at that. Market the rallying in the wake of a banner day for dictators the world over. Starting in cuba, where president obama out of nowhere through in the towel for 50year battle for human rights and handing over spies as senator marco rubio said in exchange for nothing as we prove we are literally the worst negotiators of all time. On the other side of the globe other brutal dictator also completely vindicated. Kim jongun, now the biggest power broker in hollywood. He controls sony pictures. He shuts down release of what can only be described as a really silly movie. The Strongest Military force on the planet, ....
Shatzker. They are not below the price but below the finishing price on that day. Stephanie i would be calling all of those Institutional Investors that demanded allocation and then complain when they were cut back. This is your time to buy more stock. Go for it. Erik this is the isn nonmanufacturing index measuring the services it economy. The Service Economy is the biggest part of the u. S. Economy and we have an unexpected increase in the measurement tracking this part of the economy. 56. 9, when economists were looking for a dip of 56. 5. This is an increase from the prior month of 56. 7. It indicates the Service Industry grew at a faster pace. Anything above 50 marks growth. We have pretty much been growing since august. Nevertheless, this is good news and shows bad weather was not a factor in this part ....
The indices ahead of the feds. Dia is down. You have the qqq, the qs down. 5 . The spy that tracks the s p 500 and that is lower. The iwm that tracks the russell 2,000 and that is down. There is the tenyear note, the yield at 2. 02. Gold up at 11. 53 an ounce. The euro is down i guess the euro is up against the dollar at 1. 06 and west texas crude is down another 2 . Look at that 42 quote on west texas crude. Lets get right to our senior economics reporter Steve Liesman on a roof somewhere in washington. On the feds roof. And i want to spend a minute because certainly someone just tuned in and said why are people spending all this time on the wort patient and why does it matter . And the reason why it matters so much is it gives the fed flexibility to hike Interest Rates. That word meant they would not hike Interest Rates ....
Broken glass and this big rig slammed 92into an over pass pillar. The driver is dead and the traffic is at a stand still. Its happening on highway 242 at grant street. This is the connecter really. And were told three northbound lanes and two southbound lanes are closed. No word on when they will re reopen. Witnesses say it looked like the tire blew out, causing the driver to lose control. And to our pristine coast line contaminated. This is 20 miles up from the coast of Santa Barbara. Its already one of the areas that has seen the Worst Oil Spill in history. And this will have a big impact here. And the question tonight is how big . Some estimate it at 21,000 gallons but experts say theres no way of knowing if that estimate is too high or too low. The first report of a a leak came in at noon. Spilling oil from highway 101. It found its way into a coalvert heading to the ocea ....