Appropriate role for congress is to consider what is that right ecisio combination between leadership, management and resources and nt lik makee a responsible decision. Not rush to judgment like the democrats did last wednesday and then play politics with what is a national tragedy. I think its samehameful that they did that and hopefully cooler heads will prevail and well gton make responsible decisions. Ye theres aar piece in the priva Washington Times about the privatization of amtrak. Yo should that u happen . Ing of i would like to see amtrak privatized. I dont know that were there yet. You have to go back to theiv beginning of amtrak. The reason we have amtrak is in ics of p 1970 private rail service was completely failing. The financial model, the economics of private rail Service Given the interstate highway system and the growth of airlines, by 1970 the private b rail system was collapsing. It was a bailout. Amtrak was a bailout. F the act that Congress Passed and nixon signed
And isil Suicide Attack kills 17 soldiers. Over 1,000 people have died in a severe heat wave in india. Im at london royal festival where the conductor is unveiling his reinvention of the piano. Hello. Highranking officials of footballs world governing body have been arrested as part of at least two investigations which have been launched. So heres what we know so far. A search warrant has been executed at the miamie meeami headquarters. Earlier a zurich hotel was raided and seven highranking fifa officials were arrested. Up to 14 could be indicted in the u. S. To face corruption charges. The Swiss Federal Office of justice says its opened a criminal case in connection with the allocation of the 2018 and 2022 football world cups. Heres what fifa had to say just a few moments ago. Lets listen. To us first and foremost fifa initiated this process on november 18 last year. Fifa fifa lodged a legal complaint with the federal attorney and as you all know it had to do with the ab bugs of the
Impact in the longterm. And look at this video, thats a government oversight hearing on an epa investigation today. Thats right, today, in the midst of the Government Shutdown. How and why can that happen . Were looking for answers. Well look for the chairman of that committee in a few moments. Reaction to all of this from none other than jim cramer himself. Hes here at the New York Stock Exchange marking the 2,000th edition of mad money. Well have a special interview with him where hes talking what happens next with the markets, the shutdown, debt ceiling mess and what he has planned for tonights big mad money show, number 2,000. In the markets now, where we stand on the street with one hour to go. Up 28 and off the best levels, still positive on a day when many thought we would be in negative territory given the shutdown. The s ps up nine points, nasdaqs positive by 31. The federal government has been shut down for 15 hours. The white house rejecting the latest overture from the gop
Kids going to need a jacket, lightweight umbrella, temperatures in the 30s. Highs upper 40s and low 50s. Plenty of clouds. Could see a little peek or two of sun later on this afternoon if youre good. Over to danella. Good morning. Well, chuck, checking our area. Its friday and so far pretty quiet. Not seeing any congestion. Road work that was happening overnight appears to be gone. As you make your way to the capital beltway, your travel lanes are open. Over to i95, same story, nice and clear. Ill give you a live look at 198. Cars getting by without any issues at all. Taking the rails, theyre open. Not seeing any delays along the metro, marc, vre. Theyre clear as well. Breaking news at 5 01. Heres Melissa Mollet at the news 4 live desk. Thats right. Weve been following the 7. 3 earthquake that hit the northeast coast of japan. Now a small tsunami about a meter high has also hit. When you take a look at this video, you can see the shaking. The tsunami warning is still going off. People
However, this morning, futures are indicated lower once again. Dow futures down by about 20 points below fair value, nasdaq down by 5. 5 points. Keep an eye on treasuries today. There is an auction of 21 billion in reopened tenyear notes at 1 00 p. M. Eastern time. Traders note that the sale comes after a recommendively weak threeyear note auction. Hsbc says the dream run in u. S. Stocks is set to end. In a report today, the bank says that the fed cutting asset purchases and the market setting to cut rates will present a turn for equities. Hsbc is forecasting it will rise just 4 this year to 1900. We have got Corporate News this morning. The Parent Company of chuck e. Cheese is reportedly looking for buyers. Also this morning, facebook buying a start up that builds Performance Analysis and monitoring tools for the mobile android applications, apps witness as theyre known. The india based company is called little ilab. Reports suggest the price is also tiny, less than 15 million. Micron