This hour. These are modest declines. Dow down 71 points. S p futures off 11. Nasdaq down by 44. At this point, the dow is on track for its fourth negative week in the last five and that is because of the treasury yields. They have been pushing higher and higher. The tenyear yield is 4. 95 . In fact, it did cross that 5 line that we were watching. Hovering at 5 . Yesterday, just after 5 00 p. M. , the tenyear yield hit the 5 level briefly. The last time we hit that level was july of 2007. Yesterdays move cameafter fed chairman pojay powell spoke and kept the door open to more rate hikes. We have models for everything and formulas for everything. We have to be focused on what the economy is telling us. Even taking lags into account. What is it telling us . Does it feel like policy is too tight right now . I would have to say no sdp. We will talk about rates and more with Raphael Bostic. Until recently, bostic has said were done. Jay powell said yesterday at the Economic Club of new york
About whats happening in peoples Financial Lives in the us . We have a ton of data and yet somehow this and managed to give a different kind of insight so the funders really wanted to do that work here. But i think they knew and jonathan knew there could be a local partner so ive always described myself as the local color on the project. But that was my original role. Tell us a little bit about how you were the local color. I work at a place called the centerfire Financial Services innovations and we work on dental health, trying to improve the Financial Health of americans but at the time, we were spending, we were focused on theissue of being under banked. And we were founded out of this idea to get more people dental access and we did a lot of research, we did the First National study of to understand what it meant to be under banked, the public study about that sowhen i joined , my first job was one of the things my bossfirst asked me to do , jennifer toucher who founded it said yo
Classes. One tiny bit of important housekeeping, the county is now under a level to snow emergency. Drive home carefully. You have a lot to talk about but drive carefully. This debate will be archived at debatelive. Org. It will be at that site for several days. You can encourage friends and family to watch. Nye ando much to mr. Mr. Ham. [applause] [captions Copyright National cable satellite corp. 2014] [captioning performed by national captioning institute] the debate continues on our facebook page. One comment the rights another says you can join the conversation too at facebook. Com cspan. The beauty of america is that in this country, we have the ability to write the script of our own life. We are in a sense in the driving seat of our own future. Our biggest decisions in life are made by us. Creates the sense of possibility. Out of that, you can become an activist, a community organizer. What are you doing . You are living off the great capitalist explosion of wealth that you didn
The value of spectrum is raising ahead of the incentive auction so for a variety of reasons a number of companies have consolidated and bought stations across the county. Sinclair broadcasting has been aggressive in terms of snatching up the smaller broadcasters. Host how Many Television stations does Sinclair Broadcasting own across the country . Guest i believe something in excess of a hundred stations. They have a number of joint Sales Agreements and they will likely be effected by this. In some cases, they can get waivers if they can prove they are necessary to keep them afloat but in most cases they will have align and hire people or figure out how to go. We may see them sold. Host can Sinclair Broadcasting own an abc and an nbc in the same city . Guest that is against the rules. You can only one one station in the large mack market. You are only allowed to own one out of the abc, nbc, fox, and cbs station in every market. When sinclair made an agreement to buy a number of station
Business. With a deal like this, looks like he was a good learner of all this. Well talk much more about this potential deal in just a few minutes. Immediately people are saying apple never paid for a brand, it was always its own brand. Beats, at first i didnt understand it. It was totally overpriced. My kids both have a couple of pairs. Theyre plastic. I dont know whether the sound is better. I know kids want them. I remember a couple of kids were looking at them. I wonder, are those knockoffs, are there real . Theres a cache around it. Theres the music business. Thats fledgling. Thats what apple really wants. For a couple of years, downloading itunes was growing and growing. Now its down 6 or something, yearoveryear for those tunes. I was amazed that sales of beats is like 1. 2 billion in revenue. I was thinking about that. Everybody who wants a pair has them. But they break. At least the ones my kids have had, that weve had to replace. If you drop them. 3 billion, 1. 2 billion in sa