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Quick top Global Business stories of the morning. Mario draghi said he wants to raise inflation as fast as he can. It looks like he has some serious work to do. Here he is at a News Conference in frankfurt. Latest projections indicate lower inflation. Accompanied by weaker geo do to do the growth and subdued economics. The ecb cut his forecast for both inflation and gdp growth through 2016. Draghi says the central bank will gauge the need for further stimulus at the start of next year. Russias president Vladimir Putin took aim at the u. S. And European Union today in his annual state of the na...

We have got to keep an eye on the United States. Today we have the Federal Reserve, the end of that twoday meeting. Economists expect them to end that considerable time. Instead we will have a datadependent approach. Barclays says they may raise their forecast. This amid the currency crisis in russia, plunging oil prices. Lets check in on oil. It is in a downward spiral. 4 . Up by four it is talking down the ruble and the rest of the emerging markets. Moment,e at the currently the dollar is falling against the ruble. The is after moving from central bank. It is horrid times for russia. A look ...

Im stephanie ruhle. Eric was under the weather this week. Im happy to be back. Breaking news about the housing market. Home sales for december are out. Scarlet fu is in the newsroom. Unexpected decline in the number of contracts to buy previously owned homes. It comes from the National Association of realtors. A drop of 3. 7 for the month of december. That is the biggest decline in the the year. On a yearoveryear basis, pending home sales increased 8. 5 . That a small at the what economists were looking for. They were into speeding an increase of 10. 5 . S p 500, paring it is extending losses ...

To order. Today the finance committee focuses its attention on what in my view is the biggest challenge ahead for medicare and the future of Americas Health care system. That is managing chronic illness. To understand why this is a growing issue, one need only to look at how medicare has changed over the years. When the Medicare Program began, in those early days i was codirector of the cancer, full head of hair and rugged good looks. Medicare was mostly about caring for seniors who needed to go to the hospital. If a senior slipped on the Kitchen Floor and broke an ankle for example and head t...

About 300 the day before that, continues to the upside. Up 83 points or half of 1 . The s p 500 mentioned right now up 14 points in record territory closing here and the nasdaq composite adding 27 and half of 1 . Lets get right to it with our Closing Bell Exchange on this friday to wrap up the week. Gerard fitzpatrick. Steve sax. Pat ty edwards. And kenny pulcari. Patty, questions to the women today seem to be the theme here, what do you think happens . Is this a santa rally . Have we just put it in and seen the gains . All rebalancing and a quad witching effect . What do you think is going on...