Thursday. More on that in a while. One of the biggest banks in the country, citi sha rising in the premarket after beating analy analysts estimates on the top and bottom line. All of the next moves from the financial giant. Chinas Economic Growth slows, as expected but the Industrial Production numbers came short of expectations. Strong auto sales helping boost retail sales last month. As prices rise, what happens to consumer and the retail stocks. Leap wireless up 100 after at t inks a deal to buy the wireless provider. Banking giant reports Second Quarter earnings of 1. 25, that was ahead. Citi says results Capital Market revenue and demand from emerging markets. Trading up 18 . Equity trading up 68 . Not bad. No. Superb, actually. A lot of people getting against the quarter. Charles peabody. Quite a bit of brouhaha thought up to 5 billion to 7 billion of losses. The Foreign Exchange losses, off by 1. 3 billion. How do you stay short . The breakdown, north america, latin america, asi
Diamonte says he thinks it is not the solution. It allows the Banking System to be safer and contribute to such information. But you cant really ask a Financial Institution or the system to be the driver of changes. The french finance minister hints back at criticism that france is not doing enough to revamp its economy in an exclusive interview with cnbc. For those who like to say all the time that france is not performing, france is moving, and it is because france is moving that i hope the recovery will be strong, solid and long lasting. And the nikkei newspaper sources say Larry Summers will be named the next fed chairman as early as next week. The reports help push the green back broadly high every against most currencies. Good morning, everyone. Youre watching a brand new edition of worldwide exchange. Ross westgate is out today. You get me today. This is whats coming up on todays show. Weve got a fantastic show for you. Our next guest warns the facebook disaster could still hurt
Stocks up early. Look around the set. It is packed as the bell has rung here. Lots of people standing around on the floor also talking about the idea that we could be close to an agreement. However, we are now looking at next week after christmas. Lets take a look at how were finishing on wall street. The industrial jones average finishing up on the day. 13238. Last trade on the nasdaq and the s p 500 tonight. Better than 1 on the session. Only nine more trading sessions until the fiscal cliff deadline. How do you want to position yourself right now . Joining me right now is mark keon. Good to have you on the program. Thank you so much for joining me. Ed, lets kick it off with you. Youve been a student of fundamentals so long. What are you expecting out of 2013 on earnings and economics . I think 2013 will be a somewhat better than expected year. I think the upside to economic growth. Lets say 3 growth is more likely than 2 which is the con s census. Is there anything that worries you
Im alison kosik. Im christine romans. So nice to have you here. It is tuesday, august 25th. The dow, this is unbelievable, the dow down more than 1,000 points. This chart is unbelievable. Ten minutes, it fell 1,000 points. Stocks recovered some before closing down 600 points. Investors in an absolute panic. Selling risky assets. Trading was the heaviest in four years and trading some of americas most widely held stocks was frenzy. Bank of america, apple, microsoft and General Electric saw the most action. U. S. Stock futures are up significantly. European stocks are climbing. Asia still looks like it is in trouble. Look at shanghais benchmark down 8 , alison, for the second day in a row. Wiping out trillions of dollars in value. Fears about chinas weakness are sending investors into panic mode. I want to bring in Andrew Stevens in hong kong. The selloff, andrew, the futures are pointing to signs of life in the u. S. , but not the story in china. Reporter absolutely. This is the key poi
Our memories shape our personalities continually day and. Memories help us to develop as human beings over the course of time memory reminds us at every moment who we are by bringing the past to the surface but there is also a dark side to memory images and details stored that cam become distorted. One of the things that we have learned about memory is it doesnt work like a video tape recorder its more like a wicca p. D. Update you can go in there and you can edit. The dense labyrinth of neurons in our brain is still a mystery scientists are trying to unlock it secrets in. Ordered to modify a particular memory or church or even artificially we need two things first we need to be able to find the memory in the brain and second we need to be able to manipulate memories are often on reliable and impressionable and todays scientists are actually able to manipulate them to call us whom we can make memories pleasant or unpleasant while people sleep. Probably create a peaceful force moved in