2015 is upon us and so is turmoil in the markets. U. S. Stocks tumbled jshlg sending the Dow Jones Industrial down by about 1. 9 for the day. Global stocks also took a hit, especially markets in europe which bled between 2 and 3 for the day, the one specific thing weighing on stocks is fear over falling oil prices. But there are also major Geopolitical Forces at work. But take a look at where oil traded today, 50. 04 a barrel, but earlier in the day for the First Time Since 2009 u. S. Oil prices fell below 50 a barrel. And many market watchers say it could fall below 40 or even 30 a barrel before going back up again. World currencies has plummeted against the dollar, which is bad news for u. S. Exporters. It makes u. S. Products more expensive to buy abroad. Meanwhile the Federal Reserve is expected to raise Interest Rates sooner rather than later. Ill have more on that later in the show as well. But the fear in the market over sales earnings and rates is playing out against an increas
2015 is upon us and so is turmoil in the markets. U. S. Stocks tumbled jshlg sending the Dow Jones Industrial down by about 1. 9 for the day. Global stocks also took a hit, especially markets in europe which bled between 2 and 3 for the day, the one specific thing weighing on stocks is fear over falling oil prices. But there are also major Geopolitical Forces at work. But take a look at where oil traded today, 50. 04 a barrel, but earlier in the day for the First Time Since 2009 u. S. Oil prices fell below 50 a barrel. And many market watchers say it could fall below 40 or even 30 a barrel before going back up again. World currencies has plummeted against the dollar, which is bad news for u. S. Exporters. It makes u. S. Products more expensive to buy abroad. Meanwhile the Federal Reserve is expected to raise Interest Rates sooner rather than later. Ill have more on that later in the show as well. But the fear in the market over sales earnings and rates is playing out against an increas
North, just about all the state of maryland also includes the district where current temperatures are just freezing. Still some icing there. Tomorrowitis a winter storm watch. Why . Snow and there could be a lot of it. Ill talk about how much youll see, when it starts and what to expect because its not starting a as snow. From gurgling water this morning to a giant sinkhole this afternoon. One neighborhood is now dealing with the aftermath of a broken water main. News4s Zachary Kiesch is live in northeast washington where people are hoping for progress tonight. Hi zach. Reporter hey, doreen. You know we showed you the sinkhole in northeast. You can see residents are coming home and they dont have any water in the house. Of course theyre seeing this and this backhoe is being used to dig out some of that muck, but im being told that this is going to be an allnight project. We know what caused this now. This was a water main break that caused this sinkhole. Crews are out here right now tr
Stories taking a look at the coverage of the event. We want to get your thoughts on the Media Coverage of the Malaysia Flight 370. For those of you who live in the eastern and central time zones, 202 5853880. For mountain and pacific time zones, 202 5853881. Have beene op ed critical of coverage and some have been supportive. If you want to send us a tweet, it is cspanwj. You can also reach us at journal cspan. Org. A little bit from the Associated Press this morning. Search planes were dispatched on thursday to determine whether to large objects bobbing in a remote part of the ocean was part of a possible debris field of the missing Malaysian Airlines flight. Spotted had aects dimension of almost 80 feet. The other one was smaller. There could be other objects in the water nearby the area. That is from john young, manager of the australian Maritime Safety authoritys division. A couple of things to share with you this morning. Rachel brody talking about the coverage and her piece. Flig
We have been focusing on this issue all week. An influx of Migrant Children crossing into the United States. Today a new step to fix the crisis. Vice President Joe Biden to deal with the growing problem. Mike viqueira join us now from the white house. What is this going to mean and the timing on this, why now . This is reaching crisis proportions. Vice President Biden stopped by gall mahlah to try to do something about the sudden influx of migrants, many of them unaccompanied children into the United States. The administration said that its based on rumor unfounded rumors that once here these things will be able to stay. Well try to get to some of the root causes of violence, the Gang Violence in many of these countries now is becoming overwhelming. Theyre becoming very dangerous places. In addition to the Economic Situation which is not good across much of central america. Heres the money breakdown now. The funding includes 40 million to reduce gang membership in guatemala. 18. 5milli