This is Al Jazeera America. Live from new york city, im tony harris, and we begin with a big drop in oil prices. Crude oil dropped to under 50 a barrel at one point today and closed just over that mark. Thats a drop of more than 50 since june. Now the big dip in price. Caused stock markets to double. Major indices dropped. Ali velshi joins us. Ali why do we see drops like what we saw today . 50. 04 always trades, unlike the stock market that closes and opens, its trading all the time. Put this aside for the second. The dow off more than 330 points, thats not the lowest part of the day the s p 500 which may look a little more like some of your investments down 1. 86 . The nasdaq which is technologyheavy, down 1. 6 . The one specific thing weighing on the stocks is the falling oil prices. The sense of traditionally a drop in oil prices signals lower demand around the world usually that signals people are burning less energy, an economic recession, that worries people, what if oil gets to
You have bound us together with noble ideals of liberty, justice, equality and yet we struggle to be one people, a unified nation. We pray for all the members of this house asking you to bless them with wisdom and discernment, to lead our people to rebling silliation, to rebuild our nations confidence in justice, to restore our sense of equality, free them from the divisive distractions of any lesser ideals, that they the ore powerfully serve house. Keep the unity of people through the bond of peace. Bless, also, our soldiers, sailors, airmen and marines deployed overseas as they continue to bring peace to this troubled world. We pray in your holy name. Amen. The speaker pro tempore the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1 the journal stands approved. The pledge of allegiance will be led by the gentlewoman from california, mrs. Napolitano. Mrs. Napolitano i pledge allegiance to the fl
From the captains farewell to a major dose of puppy love. A look back at the best ads of the year today, wednesday, december 31, 2014. Announcer from nbc news, this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. And good morning. Welcome to today on wednesday morning. Im Savannah Guthrie. Im willie geist along with Sheinelle Jones and dylan dreyer. The rest have the morning off. The gates to times square open at 11 00 a. M. Some will be out in the cold for 13 hours waiting for the ball to drop. I think i see matt lauer waiting there. He never misses it. 2014 almost done. Stick a fork in it. Going to be cold. Really cold. December was pretty mild, now all of a sudden were talking about brutally cold temperatures. Our top story this morning, investigators believe they may have located the wreckage of airasia flight 8501 on the ocean floor off the coast of borneo. Despite some progress in the Recovery Efforts there are more questions than answers a
Palace. What they might be worried about. Major dose of puppy love a look back at the best ads of the year today, december 31st 2014. Announcer from nbc news this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. Good morning, everyone. Welcome to today on a wednesday morning. Im Savannah Guthrie. And im willie geist along with Sheinelle Jones and dylan dreyer. The gates to times square open at 11 00 am. Some people will be standing out there in the cold for 13 hours waiting for the ball to drop. I think i see matt lauer there waving. He never misses it. Yes, 2014 almost done. Stick a fork in it. Its going to be cold out there. Really cold. December is pretty mild. Now were talking about brutally cold temperatures. Well talk about that in a moment. Top story this morning, investigators believe they may have located the wreckage of airasia flight 8501. There are more questions than answers about the flights final moments. Katy tur has the late theft
Contact them. A Baltimore Ravens employee now facing sex offense according to the baltimore sun. Ravens Security Director Darren Sanders was charged with fourth degree sexual offense. Court records did not say why, but i charge like this is often related to someone in position of authority. The incident happened earlier this month. Sanders is due in court for a hearing in february. 4 31 right now. Well be cg down to the new year tonight and watching temperatures drop as well. Yeah. If you want to go out there and party, Amelia Siegel says you better be prepared because it is going to be cold. You definitely need multiple layers if youre going to be out and about. Especially if youre standing ine spot for a period of time as we welcome in 2015. Its cold already this morning. Look at these temperatures in the 20s and 30s. Washington the only spot coming in at 30. 27 in rockville. 21 in gaithersburg. And, again, 18 in manassas and warren ton. The best part about todays forecast plenty of