Good Economic Data out this morning. Often when you get a new high you tend more often than not to get a high the second trading day and it looks like we could be doing that for the s p. 1910, 1900 was the new record closing high which is bringing up a different kind of conversation. Inflation, suddenly. Were talking about that. Were talking about the dreaded iwith the word and implications potentially farreaching from the fed to your investments. If the people were going to talk to are right, two top names, David Rosenberg and ian shepherdson, both of them coming up on the program. Yeah. Ive got some anecdotal evidence of inflation and im sure everybody out there does as well. Also, is this video holding up a 3 billion deal between apple and beats . Remember dr. Dre now infamously bragging on that video that he was becoming the first hiphop billionaire, but now reports say that this video could be why that deal has been dragging on, and we dont have anything. Well speak to the reporte
Business. With a deal like this, looks like he was a good learner of all this. Well talk much more about this potential deal in just a few minutes. Immediately people are saying apple never paid for a brand, it was always its own brand. Beats, at first i didnt understand it. It was totally overpriced. My kids both have a couple of pairs. Theyre plastic. I dont know whether the sound is better. I know kids want them. I remember a couple of kids were looking at them. I wonder, are those knockoffs, are there real . Theres a cache around it. Theres the music business. Thats fledgling. Thats what apple really wants. For a couple of years, downloading itunes was growing and growing. Now its down 6 or something, yearoveryear for those tunes. I was amazed that sales of beats is like 1. 2 billion in revenue. I was thinking about that. Everybody who wants a pair has them. But they break. At least the ones my kids have had, that weve had to replace. If you drop them. 3 billion, 1. 2 billion in sa
The situations are the same and what we need to prove and how we have to prove it is that it is an escapable and that its similar and it is uuniform that uniform that all of these things are the same across states and across the income brackets and across the generations, across the races. We all face the same pressures and so my goal was to get as many thousands of us as possible to tell our story so that we can present it as a fait accompli and say here you go america, here is a microcosm i dare you to read this and dont think theres a problem. Our subject tonight is how google works we will examine that question with the google executive chairman eric schmidt and Senior Vice President Jonathan Rosenberg are here to discuss their new book by the same title how google works. This is surprising and candid and filled with anecdotes and an authentic inside look at the culture practices behind one of the worlds most successful companies. And what a moderator to lead the discussion preside
Support from young people. Because the obama care website is in such bad shape, the government now has offered to bail out Insurance Company profit and losses, and in a possible second bailout, provide the insurers with guest estimates of health care subsidies. This whole story has gone haywire. All right . All of this and more coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Were live here at 7 00 p. M. Eastern, 4 00 pacific. President obama tries everything we can to get the attention away from the obama care, anything. Today he went back to his old stand by, the rich. For more on the president s remarks about, quote, income inequality, end quote, lets bring in nbcs own steve handelsman. Steve. Reporter larry, thanks. This was president obama trying to refocus on helping the middle class that he said relative to the rich was in a long, slow slide from the 1970s and seemed to be doing better when housing and wall s
[applause] its wonderful to be back so i thought i would give you some of the major ideas that are in the book. Recently essentially see your eyes glaze over then we go to q a so i am in the fifth week to you physically the same talk so i am pretty tired of it. [laughter] blige just thought i would move past that to have the of bit more of a conversation. I think this is an engaged groupon we have had some really good discussions not only the technical detail but the geopolitical mitscher so to me that is the interesting part i will try to throw out enough to talk about but not so much i go into the question and answer time. I started to write september 2009. Rights after i was ambushed in afghanistan is this is one of the classic scenario is. Most live in mountain valleys of the little villages nobody really lives high on the mountains they live on the valley floor and usually there is only one road. By 4 00 in the afternoon everyone knows exactly where. Kid you hear me okay . And the