Right now the Dow Jones Industrial average is slightly higher along with the other indexes. The nasdaq is up for a third day. Also in the news, i. T. T. Educational services shutting down all of its schools, this after the government banned the company from enrolling students who get financial aid. The move will affect about 8,000 itt employees. And hurricane neuthen is barrelling up the golf of california, expected to make landfall over mexicos mainland before hitting the u. S. Later tomorrow. Melissa. Well, weve got a very busy two hours coming your way, but we start off with the race for the white house. 62 days to go until election day, and donald trump is on the attack over the economy. Cnbcs eamon javers kicking things off for us on this tuesday. Eamon. Hi, melissa. Get you started with a polling snapshot so you can get a sense of where we are as of right now the new nbc survey monkey poll out this morning Shows Hillary clinton ahead 48 to 42 in a headtohead matchup against donal
Hitting the booming world of daily Fantasy Sports. Allegations of Insider Trading. Walk us through it all, domenic chu. Millions and millions of dollars at stake. Thats why its getting so much attention. Many of us play Fantasy Sports, dfs on the daily sites. Lets take you through exactly what the stage is right now. First of all, draftkings and fanduel, its pretty much a duopoly. They control the daily Fantasy Sports world. Thats why theyre so much in focus right now. What is daily Fantasy Sports . Its about a weektoweek commitment. You dont go through a full season. You play against people on a weektoweek basis or enter these contests. What happens is you act as a team general manager. What you are looking to do is finds players. Each of those players, however, has a dollar value assigned to assign them to your team. So you have a salary cap and salarys to work within. Your objective is to create the best fantasy team given the money you have been allocated. Now that means, much like
Attacks on u. S. Banks have been struck in a series of coordinated attack these mop details at the moment, unclear. But the attackers are believed to have stolen large quantities of data, including information on checking and savings accounts. Theyre looking into the possibility that Russian Hackers are behind those attacks. There were other reports that suggested they had gotten employee information, joe. One of the things i wonder more than anything else about this, beyond my own security, im a customer, by the way, of chats. I dont know what banks you frequent, but these are reports coming from sources that are close to this investigation, whether they be government sources or bank sources. The banks themselves have not publicly disclosed this. And the question i always wonder is we talked about this on the air before. When if you are a company are you supposed to disclose that there has been a hacking attack . Clearly this has happened at least over the past several weeks and we he
Happening. Stocks are moving higher at this hour. It feels like investors are shaking off fears about the debt standoff between europe and greece, but folks, the action is really in oil. Prices plunging again after the International Energy agency warned of more selloffs in the near term. We begin with fears in the bond market. Were talking about, yep, puerto rico, and its debt crisis sending its bonds to record lows. Why does it matter to investors here . Many hedge funds and big Bond Investors have exposure to puerto rico. Kate kelly has more on the fallout. Big legal news the last few days on puerto rico which has been struggling with over 70 billion in debt as well as highend employment and other Economic Issues for some time now. On friday a federal judge blocked the islands efforts to restructure certain debt through a new law known as the recovery act that was passed last summer. The law was intended to help agencies like for example, the purity wroe ricco electric Power Authorit
When even paul ryan, the tea party whisperer, can no longer please the right wings right wing, its clear the Republican Party has a serious problem on its hands. This debate has exposed a dep schism between the base that will only relent when obama care has been repealed and leadership that actually and very recently believed this. You had said next year that you would repeal the health care vote. Thats still your mission . Well, i think the election changes that. Its pretty clear that the president was reelected. Obama care is the law of the land. Obama care is the law of the land. Joining me today, former rnc chair, michael steele, u. S. News editor of the the guardian, alex coppleman, and the washington posts ezra cline and luke russert. We had to play that boehner sound from last year because its pretty stunning given his position less than a year ago, which is potentially defaulting over the repeal of obama care. I must ask you first about the latest from the coke industries. The