Plenty of subzero windchill. Hundreds of canceled flights. Theer storm smacking northeast. Huge delays at chicago ohare. Almost two feet of snow fell in boston. Western new york saw about a foot in the half of the white stuff. At this point, the store may be on its way out, but does that mean we are in the clear . Id like to say it is moving away from whoever is impacted by it, but importantly, the storm is still impacting so many people because we are getting the rain, wind, and snow across much of the ease but bitterly cold wind chill. It is so cold it is 15 in some areas, 20 and others. You can see the went off to the coast. That in the blue. Dangerous windchill will continue. Brutal temperatures making it very hard for people who have to work outside. Who is most at risk . In my book,bout it there are a lot of common injuries that happened during cold and snowy conditions. One of them is for men over 40 shoveling snow. We have a graphic to show you with some of the weather injuries
Estimated. We saw consumers increased spending on health care. The backdrop, the Federal Reserve is beginning to taper its stimulus program, and ben bernanke is getting some of the credit for the recovery. I think ben bernanke has done an outstanding job. He came in at a time of uncertainty and used the Monetary Policy to great effect. You are seeing another great example of his leadership. I think there is clear transition to the next fed chair. He has made it clear that that policy is going to continue. A very datadriven policy. If the labor market continues to improve and g. D. P. Growth is strob, the fed will continue to taper. The important thing evans learned is we are going to get a continuity of policy, a new leader of the fed who will continue to be data driven and thoughtful. Of course the fed will always have critics. If the fed would only buy into the proposition that capitalism is a human organization, i would give the fed two cheers. Our central pang materializes our cent
Baby taxman, but the crackdown in recent years has put tanks bangs on the firing line. Today was Credit Suisses turn to answer. Showedt 200 pages worth tax evasion. Is match as 10 million was hidden assets. The vast majority of accounts were shielded from the irs. That brought the ceo and other top executives at swiss holes of the congress. Books are investigation chronicles the uneven and halting progress made in identifying u. S. Taxpayers who cheated uncle sam by using offshore accounts. A bipartisan report that were releasing today sites chapter and verse the failure to collect taxes owed and hold accountable the u. S. Persons who evaded their Tax Obligations and the tax havens who helped them. We learned of one swiss anchor who met with the u. S. Client over breakfast that he was luxury hotel and slept the client Bank Account Statements in between the pages of a Sports Illustrated magazine. Instanceslarming belong in a spy novel, not at one of the worlds top tanks. Betweensay your
Leo and Martin Scorsese are going to tell their story. Familynt obama and catching some hoops in honolulu, hawaii. He has had a rough year. A botched healthcare rollout, the fight over the keystone pipeline, all of those issues hanging over the white house, but it cant all be bad. Has been good action taken by congress to eliminate the fear about the budget and to reduce the sequestration. Somee the fed having taken well communicated action concerning the tapering program. Were talking about four point one Percent Economic Growth in the third quarter. That is a big deal. Unemployment falling down to seven percent. That is why the imf and Christine Lagarde raised its forecast for the u. S. Growth last next year. Always a question of confidence. If you have longterm confidence in your job and Employment Status and the economy, it is all about confidence. There anonfidence is confidence goes up, you will find people borrow more money. Theorrowing money helps u. S. Economy, but is it what
Losers on and off the court. Kicking it off with what everyone is talking about. Just a day after the u. S. And the eu imposed sanctions over crimeas vote to leave ukraine. Wagner. A Vladimir Putin launches counterattack. [speaking russian. Crimea needs to be under solitary le sovereignty. I can only be russian sovereignty. The defiant putin marching through golden doors and opulent setting. He spoke before russias political elite and some politicians who had been sanctioned. Reminds me of czarist russia. Many of the world work under the rule that right is right, not international law. They think it is their privilege to decide the fate of the world. And the fates of those who live in the world. Is Vladimir Putin saying russia did not use might when he put 3000 troops on the ground in crimea . Have we violated something . What have we violated . Upper house of the parliament did give the right to. Se armed arms in the crimea it is not as though we brought in troops and arms, they were