Economy. My only reason im mentioning this is the election had consequences. But it doesnt get its victors an opportunity to review the facts. They did not give a pass to recognizing the severity of the issue. We are spending and we are spent. Now, we are seeing more spending. It is not good. The rebound from Pete Domenici and craig barrett. What do you say . Encouraging or not encouraging . Im on your side, neil. The other half loaded keep taxes flat, you have a 5050 standoff. Bring on the sequestration or simpsonbowles, lets get something done. Neil we stand out with a number of senators. They say dont touch this or that. There is half the game right there. Others are talking about adding to that by saying recognizing whever chord you come to, that you count the cuts that we made last year to raise the debt ceiling. That is double booking, double accounting, double trouble, you name it. You know this process well. You know the sausage is made. Tell us what wonderful things are really
Economy. My only reason im mentioning this is the election had consequences. But it doesnt get its victors an opportunity to review the facts. They did not give a pas to recognizing the severity of the issue. We are spending and we are spent. Now, we are seeing more spending. It is not good. The rebound from Pete Domenici and craig barrett. What do you say . Encouraging or not encouraging . Im on your side, neil. The other half loaded keep taxes flat, you have a 5050 standoff. Bring on the sequestration or simpsonbowles, lets get something done. Neil we stand out with a number of senators. They say dont touch tis or that. There is half the game right there. Others are talking about adding to that by saying recognizing whatever chord you come to, that you count the cuts that we made la year to raise the debt ceiling. That is double booking, double accounting, double trouble, you name it. You know this process well. You know the sausage is made. Tell us what wonderful things are really g
Economy. My only reason im mentioning this is the election had consequences but it doesnt get i victors an opportunity to review the facts. They did not give a pass to recognizing the severity of the issue. We are spending and we are spent. Now, we are seeing more spending. It is not good. The rebound from Pete Domenici and craig barrett. What do you say . Encouraging or not encouraging . Im on your side, neil. The other half load keep taxes flat, you have a 5050 standoff. Bring on the sequestration or simpsonbowles, lets get something done. Neil we stand out with a number of senators. They say dont touch his or that. There is half the game right there. Others are talking about adding to that by saying recognizing whatever chord you come to, that you count the cuts that we made last year to raise the debt ceiling. That is double booking, double accounting, double trouble, you name it. You know this process well. You know the sausage is made. Tell us what wonderful things are really goi
Ankamed up 92 ons these deve p developme developments. U. S. Education, failing grades for our schools. Globally we are now on the lower end of the curve. Below average in math and science. This is a competitive crisis for american business. Why are we not succeeding here . Whats being done to fix it . Two leading people on the American Education charge. First, though, to sue at the nyse. Thank you very much. A rough day for the Dow Jones Industrial average. We are off of our lows but still up 21 this year. Right now the Dow Jones Industrial average down 104 points. Transports have been on a huge tear, down today, but up 35 year to date. The s p also in the red today. Its up 25 this year. Its down just 7. 3 points today. Similar story at the nasdaq, up 27 year to date. Lets bring in bp and kenny polcari, director oneills security and cnbc market analyst. Weve been talking about the pivot point in the market, the turn in the market when it would come. Is this what were seeing today . I
We have that and more tonight on nightly Business Report for this tuesday, december 3rd. Good evening everyone and welcome. Im tyler mathisen. Remember how great the month november was for stock investors, records and consecutive weeks of gains . Hold that thought because so far december has gone the other way. Fast. In fact, the dow and s p 500 today ended lower for a Third Straight session. Logging their biggest threeday decline in two months. Some on wall street say stock prices are too high and they are taking profits and there is a pull back and this is the start of it, or maybe Consumer Spending, soggy so far this Holiday Season or the feds seeing the blowout auto sales . Well start pairing back on stimulus soon. Whatever the reason the market sold off again today. The dow ending well off the lows of the session, however, nevertheless down 94 points and closing below 16,000, as you see there. The nasdaq was down eight and the s p 500 lost five dipping back below the 1800 mark. Cr