This morning. Yield curve continues to flatten and of course the fed minutes are on the way 2 00 p. M. Eastern time. Road map begins with target shares plunging after the Company Issues guidance. Call will begin in just over an hour. Goldman sachs downgrading equities saying theres no particular reason to own them. And fed minutes are coming out later today as the dollar hits a sevenweek high. Four years ago today facebook went public at the nasdaq. Shares priced at 38, now closer to 120 on a day where Mark Zuckerberg is set to meet with some u. S. Conservatives. First up, mixed picture on retail, target beats on quarterly profit but revenues and comps miss, Current Quarter guidance, lows better than expected results, comps up 3 surpassing home depot for the First Time Since 2010. And staples beats on the top and bottom line. Hard to remember a time where lowes its routinely the bridesmaid here, not this time, jim. Used to be for about four or five years during a period before frank bl
And as weve been reporting during this eventful night on this of all days we also have the start of a ground war in the gaza strip with israeli troops invading tonight under a sky lit up by flares and incoming fire. So we begin this second half hour of the special edition of our newscast tonight with the downing of this 777. Nbcs tom costello who covers aviation for us has been covering this all day long. Tom, good evening once again. The malaysian Prime Minister said late today there was no distress call from this airline and it was flying in an ore declared safe by global Civil Aviation authorities. It left amsterdam at 1 30 p. M. Local time bound for kuala lumpur. They lost contact with the plane. Very quickly the Ukrainian Government reported that russianbacked separatists had shot down the plane using a surfacetoair missile. U. S. Intelligence and military sources confirm to nbc news that infrared satellites detected the missile laumpl and explosion. Malaysian flight 17 was a boei
Guest that allows the federal government to search the content not just the metadata, but the content of your emails and phone calls. This amendment was offered last summer by zoe lofgren and myself, passed the house. A virtual vetoproof majority and was stripped out. So we came back and said lets offer this amendment again on the freedom act since we know its probably going to pass and itll become law lets try and get some real reforms in there. Unfortunately last night the rules committee decided to allow no amendments to the freedom act. Host whats a back door . Guest a back door is a loophole. So there are two types of loopholes in our security, our National Security surveillance. The first type is where ostensibly theyre going after foreign foreigners, okay . So they say since theyre not covered by the constitution, we can collect the content of their emails and their phone calls. Well, guess what . When they collect all that, their accidentally scooping up your data too because y
Cameras before a a Senate Judiciary subcommittee. Live on cspan 3. Theres been a lot of talk lready already on the 2016 campaign trail of the gap between the richest americans and everyone else. Welln be talking about that topic here in this special roundtable on the washington journal. Were joined by scott of d mich manhattanae institute and michael ent console of the roosevelt 2013 institute. C ineq michael, first, president obama in 2013 called this issue economic inequality issue woagu defining challenge of our time. Would you agree with that . Yes, i think inequality is the doubling of top shares that are going to run away a real ce median class. Median incomes are down 8 since 2000 in particular areas. Aus e lot of unemployment. An and scott, runaway incomes, talk about the growth of guest inequality. Are we hearing so much because t this is an issue that is running be away . Ca i think we have heard a lot odged aboutan it since the financial cry crisis because we dodged another
Gathering. Reflecting back on the days of catv and forward to broadband era is to trace an amazing path from Community Antenna television to the expansion of television and now beyond. To broadband. You deserve congratulations for what you achieved as Cable Companies, as Video Companies and as network builders. You also deserve and alfred may comment about this you also deserve Straight Talk about what it means now that you are first and foremost broadband companies. You have pledged as an industry to assure that the internet remains open and free. And in that goal we are in violent agreement. We do differ however, on what that means. We part company according to your recently filed motion papers over the socalled internet conduct standard, the requirement that Internet Service providers not engage in conduct that impairs an open and Free Internet and goes beyond the obvious bright line rules of blocking tlot egg and prioritization. The internet conduct standard if you will is the Goin