Nasdaq up by 16. You have earnings, Economic Data and more fed speak. You have best buy, smuckers and gap all set to report erngs today. Weekly jobless claims hitting the tape at 8 30 avm eastern time and the philly fed survey and leading indicators. After yesterdays market moving fomc minutes well hear from Stanley Fisher today. Here on squawk box well hear from Loretta Mester. Shes the cleveland fed president and she will be joining us at 8 30 eastern time. The bank of Japan Holding its Monetary Policy steady. This despite data that showed the economy there slipped into recession. Also the nikkei closing at a three month high today. Square pricing its ipo at 9 a share. Its not great news because its below the range of 11 to 13 and well short of the stock in the private funding round. Giving them a market cap of about 2. 9 billion. Thats half of the private market valuation just a year ago and could have a huge impact on other private market valuations which of course public funds als
Driver who left the scene after this mornings crash. Three of the five cars on the metra train tumbled onto their side and not much was left of the truck that was left behind. One witness said the crash sounded like a big explosion. Just a big like it was a bam. Boom. Like that. A teen by the conductor may have saved lives. When he saw the truck, he was able to slow down. Back here a deadly caltrain crash yesterday caused problems with this mornings commute. Crews are making repairs to a crossing gate. This was what was left of the acura suv there, behind the lights. A mangled mess of metal after the crash. The suv had been sitting on the tracks at a menlo Park Crossing around 5 00 last night. The 30yearold woman behind the wheel died. The crossing arms did come down witnesses say. Just as they were supposed to. Neighbors say, though there have been way too many close calls. Its difficult because i see cars hanging over the edge near the tracks and its scary. Its dangerous. Just a basi
Time ago now. More than six decades now. Its going to have two be with the return based system which doesnt make people furious with it. I think thats quite doable. The current code is loaded with provisions that are both complicated and make no policy since like the alternative minimum tax and the way a lot of tax benefits are subject to phaseouts which function as hidden marginal tax rate increases which nobody understands. For a lot of people the income tax has become kind of a black walks where you put numbers into the 1040 or into the software or you give them to your return preparer and it never comes out. This is your Tax Liability but they have no idea where that came from. I always have trouble saying this but i think its a good laugh if i can get it out. Taxation without comprehension is as an amoco to democracy as taxation without representation. We have got a real democratic problem when people are paying taxes and they have no idea they cant comprehend how those tax liabil
Him so apple is in is about the ways in which for capitalism works and a modernday witch isnt always what they think. Not just about corporations and privatization. Have that it colonize our imagination wound had as a make innocent people that big of the now . I want to start at the beginning clintons read it and talk a bit it from being totally in current income have been questions. Is it that house are a home . Emersons and telegraphed a mystery man things have not bins and. Here we hadnt. Pay your respects to our new proven to be it into law blocks of indias richest man. I had read about this most expensive drilling and rebuild in of the 27 floors, three helipads, nine lifts, hanging gardens, ballrooms, whether rooms, gymnasiums the wessex was a parking and 600 servants. But nothing had prepared me for the of vertical long, soaring 27 story highball of brass attached to the best middle grade. The press was dry in patches it did a tent pole of men. Clearly trickledown had not worked.
The largest election the world has ever seen, you spend the hour with indian novelist and essayist Arundhati Roy. She is just out the new book called, capitalism a ghost story. After the opening up of the economy, we are in a situation where 100 of indias wealthiest people, their combined wealth is 25 of the gdp, whereas war that 80 of its population is less than less than one dollar a day. All of that and more coming up. This is democracy now , democracynow. Org, the war and peace report. Im amy goodman. A standoff continues in ukraine where prorussian separatist have seized government buildings in eastern areas. Demonstrators have barricaded themselves and and readied fuel bombs. The government in kiev has warned of sending in troops to restore order. Testifying before senate panel in washington, secretary of state john kerry accused russia of direct involvement. Everything we have seen in the last 48 hours, russian provocateurs and agents operating in eastern ukraine, tells us they