its outsourced american imagery. the details ahead. stay tuned. i m mary thompson. stocks rise as the fed begins its two-day meeting. the dow climbing 140 points. the s&p adding 17 and the nasdaq closing 28 points higher. they re deciding whether or not to raise interest rates for the first time in nine years. chair janet yellen is due to hold a news conference after the central bank s statement is released at 2:00 p.m. tomorrow. and oracle shares are lower after hours. the company s earnings beat estimates but revenue fell short. that s it from cnbc, first in business worldwide. quicker
the white house says the banned military equipment will take effect right away. poppy. jim, thank you. the supreme court cracking down on double taxation. this is a ruling that could cost states and cities millions of dollars. the justices siding with maryland residents forced to pay a state income tax even if they work and pay tax outside of that state. north carolina and wisconsin also double dip as do cities like new york philadelphia cleveland and detroit. the supreme court ruling is expected to cost maryland alone $200 million. let s get an early start on your money. alison kosik is with us. good morning. yesterday, the dow climbing 26 points to top its previous march closing high. the s&p hit a record for the third day in a row. the momentum could continue. stock futures are pointing
with xfinity from comcast you can manage your account anytime, anywhere on any device. just sign into my account to pay bills manage service appointments and find answers to your questions. you can even check your connection status on your phone. now it s easier than ever to manage your account. get started at xfinity.com/myaccount . time for an early start on your money. alison kosik is here with how the markets are looking here. records to talk about. yesterday, the dow climbed 26 points to top its previous closing high of march. the s&p also hit a record for the third day in a row.
yesterday, president obama spoke out. can alienate and send the wrong message. we will prohibit some equipment made for the battle field that is not appropriate for local police departments. reporter: the sheriff s association worries the white house will overreach and leave officers out gunned. the white house says it is dealing with restrictions on the banned military equipment takes effect right away. the training requirements for police department seeking military hardware kick in later this year. thank you. let s get an early start on your money. we have alison kosik here with us. good morning. good morning. a little rally goes a long way. especially talking about records for stocks. the dow climbed 26 points and it wasn t a huge day, but enough to top the march 2nd closing high. the s&p also hitting a record close. its third in a row. it looks like another record for today. u.s. stock futures are up right now. a lot on wall street s plate.
show. except it s on my schedule. stick around, rapid response panel is next. we re coming right back. i m hampton pearson, the dow climbing 26 points to extend the longest winning streak of the year. the s&p adding three points and nasdaq finishing eight points higher. starbucks shares slipped after it said it will be hiking its prices due to the soaring price of green coffee beans. car max jumped 16% on strong first quarter earnings growth that will easily beat wall street estimates. that s it from cnbc, first in business worldwide. i m m-a-r-y and i have copd.