Spacecraft on a mplanet. Im jen rogers in for ali money. A little more than a week after democrats got trounced in the midterms, a surge of republicans are moving fast to challenge them. On the immediate agenda approval of Keystone Xl Oil pipeline. Supporters insist it will foster Americas Energy independence, and create jobs, but president obama has long held it up because environmentalists oppose it. It now appears the bill will come to a vote tomorrow. Not to be outdone, cassidys political rival democrat mary land land droe is pushing for an election. She is willing to go against her fellow democrat, speaks loudly about the president s sagging ratings. Lets go to libby casey in washington. Libby bring us up to speed on what is happening. The house will indeed take this vote tomorrow morning. They took an initial vote, and about eight democrats jumped in to vote. Some House Democrats are trying to push back, saying they have concerns about the Environmental Impact and also the fast p
Spacecraft on a mplanet. Im jen rogers in for ali money. A little more than a week after democrats got trounced in the midterms, a surge of republicans are moving fast to challenge them. On the immediate agenda approval of Keystone Xl Oil pipeline. Supporters insist it will foster Americas Energy independence, and create jobs, but president obama has long held it up because environmentalists oppose it. It now appears the bill will come to a vote tomorrow. Not to be outdone, cassidys political rival democrat mary land land droe is pushing for an election. She is willing to go against her fellow democrat, speaks loudly about the president s sagging ratings. Lets go to libby casey in washington. Libby bring us up to speed on what is happening. The house will indeed take this vote tomorrow morning. They took an initial vote, and about eight democrats jumped in to vote. Some House Democrats are trying to push back, saying they have concerns about the Environmental Impact and also the fast p
Power. Im having a Success Story of a homemaker has a real dilemma for the workforce. We begin in yemen this hour where an American Photo journalist and a South African teacher killed by alqaeda fighters and shot after a rape and u. S. Special forces began to free the hostages and from washington patty reports. Reporter it was the second time u. S. Forces tried to rescue american luke somers and died along South African expected to be released in the coming days and u. S. Officials were shocked by the captors and during the raid in the southeast of yemen. One of my daughter tells me they tried to kill him and tried to escape with him but the operation was very strong and they were surrounded so they killed him. Reporter according to media reports the hostages were wounded but alive when they were evacuated on an osprey like this, one died in route and the other died on an operateing table and u. S. Officials are defending the operation. Luke somers was murdered. He was taken hostage. H
August. Personal spending suffers a drop since january. Latest moon shot project unveiled by google x. Delivery drones are real, and google and amazon are not the only Companies Taking to the sky. Apple preparing to catch its rivals and roll out technology that turns the iphone into a credit card. Well see september 9. First up this morning, Economic Data shows a decline in consumer spending, down. 1 in july, and auto purchase account for the weakness. The dow and s p each up more than 3 for the month, and nasdaq with a more than 4 gain. S p, nasdaq, and russell on pace for the best performance in 14 years. There was a contest whether august would be the best month of the year. It will be tough. Dow needs 16 106 points, and futures are not indicating that sprept this morning. Still a strong month. Four straight weeks of gains, something not seen. Since november. Overall, a strong month. Everyone is trying to figure out whether the growth we saw last quarter can be sustained. Economists
Global stocks on track since 2012. We begin with the final trading day of the month and quarter. Hong kong stocks closed lower amid continuing protests. Paypal will be spun out to its own publically traded security next year. The stock spiking this morning. We have more from ebay ceo john donahoe. Caseshiller home price numbers are out. Well talk with Robert Shiller first here on cnbc. Well discuss that decision by ebay to reverse course for something the company was articulating was not a good idea, namely splitting itself into its paypal. Ebay represents more of the profits, but is not growing as quickly as the paypal business. I did have an opportunity to catch up with ceo john donahoe late yesterday. When he was fighting with carl icahn in a proxy fight earlier this year, he said a Payment Network needs a Commerce Network bike ebay. Its no wonder they are getting into payments and Payment Companies are getting into commerce. Ebay helps accelerate paypals growth. I asked mr. Donahoe