Both sides. The securities and Exchange Commission has a new warning to Bond Fund Managers that has to do with structural issues that have crept into the market. We will tell you about the implications. We want to start with breaking news on new skin. Sterns, ise, olivia there with everything you need to know on this story. Shares in new skin are down and the stock has been halted in trading twice. Comingllows allegations from a chinese newspaper saying new skin has been suspected of an illegal pyramid game. This is a company that makes nutritional and skin ruddocks and the government says they are investigating these allegations. Tearkin has been on a recently, the stock quadrupled last year. New skin denies these allegations, but this calls to mind another herbal Nutritional Supplement company that has been accused of operating a pyramid game herbalife. Herbalife shares are down 10 . It a pyramidalling scheme. Its interesting to see what analysts reaction has been. One has cut the re
The nasdaq down by about 12. Because of tomorrows holiday, you do have the Labor Department coming out, releasing its weekly jobless claims numbers today. We get them a day early instead of a day late. Also today well be getting Weekly Mortgage rates. And freddie mac will report on the Weekly Mortgage rate averages as well. Lets talk about the top Global Market story this morning. It is greeces International Lenders, which did not reach a deal, and now they wont be releasing that next bailout payment. Nearly 12 hours of talks failed to reach a consensus. The imf and the central bank all going to gather again on monday to try again, but this is not necessarily good news at all. Hostess brands will proceed with a plan to go out of business. The maker of twinkies says lastminute talks with the striking workers broke down yesterday, hearing with a bankruptcy judge set for 11 00 eastern time. Then we have another string of bad news. A bad development. A very bad development. I thought for s
Year to remove a cancerous growth on his nose. Were talking to doctors about the cancer that affects many. Well have the full story on the sock news. And what happened the moments before two people were left bound and gagged on sunday in the middle of a San Francisco street. Four of the five suspects of homicide case have entered not guilty pleas today. The investigator say the group assaulted 26yearold steven read and audri prada. They were dumped unbraces l street reid later die. Ed. Prosecutorrers not sure what sparked the violence but they say it was not a random act. The man accused of kidnapping and killing morgan hill teenager is fastening charges. 21yearold Garcia Torres was arraigned on the additional charges in san joses. Hes accused of trying to kidnap three different women in morgan hill in 2009. Le mars body has never been found. Today her mother has this plea slip hope and freeway pray with the holidays the accused will have l find in his heart to come forward with the in
The question is was this always the case and no it wasnt. The question was when did people want to figure out what was going on economically with members. I start the book with 1066 because the first major effort in the modern world was about william the conqueror commissions to survey the output of the realm. And the empire basically wants to know how much land is under their control how many troops and how much farming output because the tax revenue as agriculture. Sis agriculture. So it is an effort to count who is farming was with the exception not including the church under the authority. Host this is the big theme of the book that it has its flaws. Guest it goes in the realm to whatever was being grown but what its kind of shows is theres a big difference between accounting and statistics and theres been a good book about statistics. It is the art of sampling a lot of stuff you count without having to count at all individually. They go around and count everything. Host it is very
Millions of americans across the country will head to the polls tomorrow. Although this is considered an off year election, it matters. The results could paint a picture of the Political Climate for bolfor both parties ahead oe 2014 midterm elections. Among the political pa battls coming to a head. New yorkersill pick a new mayor and acor according to thew polls they may have their first democratic mayor in years. Nypd has done a great job in keeping us safe from terror. A win by joe bilota may bring an end to the stop and frys. In new jersey the Govenor Chris Christie is leading democratic challenger in the polls. She has garnered support from a heflheavily democratic state. We need to show the Republican Party in america that we can win again. And guess where they are going to be watching on tuesday night to see if we win. Right here in new jersey, everybody. They are going to be watching us. Will the next govenor of the great commonwealth of virginia. President obama is hoping to ma