Founders the story of paypal and the entrepreneurs who shaped Silicon Valley. Its especially wonderful to be a because i knew jimmy in my early 20s, and this book really takes place talking about a group of people who support each other and work really hard together and then lifelong Friends Meeting after college, meeting in the early 20s so its very special for me as a former fellow journalist andg w writer to be interviewing himge because we share that time together as well. Lt but in the founders jimmy unpacks the long and difficult fjourney a paypal from a barely know started to one of the Largest Tech Companies in the world and a household name. In it details of of the Unsung Heroes extreme competition and future challenges faced by the company as a Party Opponent cashless curtsy back when a few dared to try. We will be covering a lot and next hour and we encourage you to put the questions in the chat on youtube. We would love to get audience questions at the end. Well be getting
This hour. What about Mortgage Rates in where do they go from here . Theyve been rising on the fears about the fell pulling back, so where next . My partner, sue, is at the nyse. Hi, sue. Reporter and the markets euphoria not to scale back on qe is farding a bit. The Dow Jones Industrial average off about 31 points. The nasdaq has remained positive, up about 5. 25 point p the s p off 2 points. The threat of a Government Shutdown becoming a possibility less than two weeks from that deadline. Fed chairman pbernanke talked about it during his News Conference yesterday. A Government Shutdown and perhaps even more so a failure to raise the debt limit could have very serious consequences for the Financial Markets and for the economy. And the Federal Reserves policy is to do whatever we can to keep the economy on course. Reporter and House Speaker boehner making some comments today as well. Our chief washington correspondent, john harwood, is here with the very latest on what is turning into
Off and avocado threat. Everyone is talking about a mystery in disguise. Nine countries involved in the search for the missing Malaysian Airlines 777. Toding from kuala lumpur beijing. 239 people on board. The boeing 777 that took off friday. La lumpur air Traffic Controllers lost contact with the plane as it flew over the sea between malaysia and vietnam. Not only a mystery how a massive jetliner can vanish. Investigators do not even know when they disappear. Thought thatit was they lost contact 2. 5 hours. Later, it was one hour after takeoff. Answer is important. It will determine whether it is malaysia or vietnam that takes the lead in the investigation. The search has turned up a number of red herrings. And oil slick suspected of being from the aircraft turned out to be from a boat. Another image that resembled a life raft turned out to be a cable. Malaysia investigating reports of debris near hong kong. South of we noticed hong kong. Througharching the area and have not received
Off and avocado threat. Everyone is talking about a mystery in the skies and the sea. Nine countries involved in the search for the missing Malaysian Airlines 777. Heading from kuala lumpur to beijing. 239 people on board. The boeing 777 that took off from kuala lumpur friday. Air Traffic Controllers lost contact with the plane as it flew over the sea between malaysia and vietnam. Not only a mystery how a massive jetliner can vanish. Investigators do not even know when it disappeared. Initially it was thought that they lost contact 2 1 2 hours in. Later, it was one hour after takeoff. The answer is important. It will determine whether it is malaysia or vietnam that takes the lead in the investigation. The search has turned up a number of red herrings. An oil slick suspected of being from the aircraft turned out to be from a boat. Another image that resembled a life raft turned out to be a cable. Malaysia investigating reports of debris near hong kong. Debris we noticed south of hong ko
Bob benmosche is here. Maria picks up the ball and runs with it for another hour. Its 4 00 on wall street. Do you know where your money is . Im embroemor, on the floor of the new york stock exchange. Stocks break a twoday losing streak today staging a rally at the end of the day. Dow jones industrial average is up about 61 points. The high up 90 points early in the session, but nonetheless new money came into the market late today. Last trade on the blue chip average. Nasdaq picked up ground as well, 14 points even and the s p 500, high by 4. 75 points. Earnings kicks off this week. Here to break down whats going on in trading and the trading picture. Nick santelli is with me along with nate an bad our guests. Youve got the s p 500 target of between 1525 and 1575. We close today at 1400. Why so optimistic . Well, you know, maria. I think looking here weve got some upside to equities. We look to the back half of the year just stemming from the fact that the market is overtly negative. F