Are in the winter stormhe w warning. Youll get the bulk of your yr snow during the day tomorrow. Thats when we expect to see the storm getting off thengff coast and potentially throwinghg back a little bit more snow at those areas. Ereas at the moment its very vy scattered, very light and as ven we put it in motion it looks aoa lot more dramatic than it will probably end up being. Ei want to show you again one one more quick look at that winter r weather advisory. Atheadvi the impact mike thomas and i were discussing should we takedt this from moderate to low andtea we decided to keep it att moderate because it will bewi occurring or it will beill be wrapping up especially as oures morning rush hour getspe going. So, there will be some slushy spots, there will be someil be slick spots on roads but it b should be a low impact inmpact terms of the total snow. S most of the accumulation onatio grass and the snow is out of o here by mid morning so last l stop we tweaked our snow totals jus
20. That is a 27 percent pop in one day. Investors are panicked. The speedy decline in the price of oil. Scared so many investors. We are back in that same place. In terms of the declines you mentioned the mutual fund. Here is the tiein. Third avenue management. Highyield bond. And a lot of that is exposure to energy. You have oil falling to 35 a barrel. A lot of folks are feeling exceptionally nervous about it and trying to get their money out. Trying to protect the investment so you dont have a huge run. All of this against the backdrop of the path. The most highly anticipated fed meeting last week. Thats right. What are the traders . You mentioned the junkbond levels, sixyear lows and Mutual Fund Investors cant get their own money out. What do the floor trader say . They. To the highyield market,market, talk about emerging markets. Small caps. It was right across the board. Very classic rotation. Flight to quality and safety. The government debt, perceived security of us government,
Degree turn in testimony today . In september he said it was videos and spontaneous demonstrations. Today he said the cia knew all along it was a terrorist attack in libya. This story gets worse and worse, more and more complicated and we are going to parse through it. First up, with the fiscal cliff only 45 short days away, are we facing a stalemate or is there a new kissy huggy era coming to washington, d. C. . Weve got two kissy huggy cnbc contributors. Jared bernstein, former Vice President , biden chief economist, and kissy huggy Jim Pethokoukis of the American Enterprise institute. Jimmy p. , i love this New Washington picture. And i dont want to be pessimistic. I want to be optimistic. Maybe they can make a deal. But heres what i worry about, jimmy. Heres what i fear. The republicans are conceding that theyll give a revenue a tax revenue portion by limiting deductions. But i dont see any spending cuts. The sequester has been called off. Mr. Boehner would like a down payment on e
We will discuss if college is worth it. First, your take on that question. We will divide the lines this way. Hig host you can also email us. Magazine put these graphics together on whether or not colleges worth it. Take a look at this, the cost, fees adjusted for inflation. Look at the cost back in 1980, 19 81, around 5,000 for a twoyear public degree, for your public degrees right here. You can see how the cost has risen. In 2010, 20 11, that price is over 25,000 for your private school. That is the price here, going from 1980 through 2010. For a twoyear Public School, the lighter color, you can see the price there. Up at all those categories. Heres is the poll americans think that College Education has become too expensive for most people. 75 believe that most people cannot afford a College Education. 22 said that most people can. Families differ on who should pay for it. Thateneral public believes 48 should come from students and families. That the State Government should pick up 1
Details out of ferguson about Michael Browns deaths. Stopping abortion. Shutting down a planned parenthood clinic in louisiana beforists even built. We begin with a still developing story out of ottawa tonight. We are awaiting a press conference from the canadian Prime Minister Steven Harper. Well bring it to you when it happens. Meantime, the Police Officer shot dead inside Canadian Parliament this morning. The suspect is Michael Zehaf bibeau. Shot and killed by the house much Commons Sergeant at arms. Just moments after a canadian soldier was shot to death at the National War Memorial. The attack comes days after the murder of another canadian soldier. Thomas drayton has more. Shots had been fired at the National War Memorial and a ceremonial guard was immediately hit. Just two minutes later multiple shots are heard at parliament hill. By 10 00 a. M. Tactical teams arrive, and shooter running with a rifle. Various reports emerge that a gunman is seen in a car. Shortly before noon Ott