That matters in just a second. Im willie along with tamron, natalie on assignment and al taking the world by storm delivering the weather in 50 states in one week. I thought since this morning its just the two of us it takes two from rob base. Its contagious. Ladies love me girls adore me, even the ones who never saw me. So lets go, cuz. There you interest t. Drop the cups. That the video i would wait in seventh or eighth grade to come on to the music box show. Did you do the dance . Clearly were having a blast this morning. Should you say why, why were excited, a little tense, why theres something in the air today. Tamron and i are about to engage in a figure skating showdown. Were going headtohead. Why . Heres how its going to work. A little a little intrigue. Of danger, lots of danger. Rockefeller rink, our coves and our partners, olympic ice dancing gold Medal Winners merle davis and Charlie White, so yesterday we had a big rehearsal yesterday. Got ready and got our routines going
Down 10 , losing 21 billion in value. One day. And it woes in turn spilled to the rest on the market. With the dows decline, the s p falling nearly half a percent. What is done and is done though if you own any stocks, involving these stocks you got clobbered. Although the initial and ridiculous over reaction down from netflix, one of my favorite stocks was rectified after. I want to step back and determine whether the reaction to walmart and the stock market was justified. Something we will do when we sit down with the ceo of walmart later in the show. First, should the earnings news have been a surprise . Obviously shocked in wall street, you dont get a stock that much. I know doug will make a case that he telegraphed the earnings, after he talked about paying more and more, and over investing in the stores to restore growth to the Fastest Growing store chain in the land. Before he took the chains in the can, the china was trying to lower merchandise pricing for customers. And ended
Tonight that could spell major deals for you. The four bargains you might see. Good evening. And its great to have you with us here on a thursday night. And we begin with that dramatic fall. A bombshell decision from a man who was once one of the most powerful men in washington. Former speaker of the house Dennis Hastert. And a move that could keep his secrets from coming out in open court. Signaling he will plead guilty in a criminal case. Prosecutors accusing hastert of paying hush money to hide misconduct. That misconduct going back to his time as a high school teacher. Abcs chief investigative correspondent brian ross on hasterts move, the prison time he might now face and the family tonight, saying, the truth is out. Reporter the decision today by 73yearold Dennis Hastert to plead guilty means there will be no trial, and none of his dark secrets will be exposed in open court. Mr. Speaker. Reporter but in exchange, the former speaker of the house, once second in line to the preside
When you tell me about it, and you tweet me thanking me for help along the way. Of course not everybody is up to it, and thats why i say, i have no problem with index funds but in order to be a good investor, which i know you can be, you have to understand what is going on behind the scenes. I am devoting the show to educating in some of the most important lessons i have learned in four decades in the markets. There are lessons i need you to unlearn, myths about the market that need to be demolished. Theres the notion the market is always rational and the action makes sense, and thats not true. On any given day, stocks could go up when they should have gone down and vice versa. As i always say, never forget that the market can often be stupid for whole sessions of frankly around here once a week or maybe even twice. Its our job in the media to make sense of what is happening and sometimes we go too far trying to find the logic and the reason behind moves nothing but tales told by idiot
Pelley the tension has been mounting. The School President did nothing. They were subjected to rarely slurs on campus that is overwhelmingly white. The pressure continued. Students went on a Hunger Strike and the Football Team threatened to stop playing with their coachs backing. Today president tim wolfe resigned along with the schools chancellor and adriana diaz is in columbia. Reporter students celebrated the news after an emotional University President tim wolfe announced he was stepping down. I take full responsibility for the frustration, and i take full responsibility9k for the inaction that has occurred. [chanting] orter to student the last week calling for his resignation, saying he hasnt done enough to address racist incidents on campus where only 7 of the student body is black. The concerns on go back as far as 2010, before tim wolfe was president when during black History Month cotton balls were placed on the ground outside the black culture center. The students responsible