Newtown, connecticut. Our words can do little to ease your pain. But you know this. We are with you in this incredibly difficult time. And recognize that you are who we are thinking about, even as we try to focus on our work today. So as for the markets, it was another weak day. Dow dipped 36 points. S p gave up. 41 . Nasdaq declined. 70. A lot of that again because of apple. You know the drill as we head into the weekend. Im not expecting to hear any progress on the fiscal cliff. But you know, i always watch the sunday morning talk shows now very closely and im looking for some politicians saying something encouraging. What does encouraging mean . It means a republican uttering the two words tax increase without the word no before it. And the democrats uttering two words, spending cuts, without the word no before them. Neither seems to be able to pull off that syntax, though. At this point i think weve got to assume that the washington people, they cant get it together. Weve got to gi
Our words can do little to ease your pain. But you know this. We are with you in this incredible difficult time. And recognize that you are who we are thinking about, even as we try to focus on our work today. So as for the markets, it was another weak day. Dow dipped 36 points. S p gave up. 41 . Nasdaq declined. 70. A lot of that again because of apple. You know the drill as we head into the weekend. Im not expecting to hear any progress on the fiscal cliff. But you know, i always watch the sunday morning talk shows now very closely and im looking for some politicians saying something encouraging. What does encouraging mean . It means a republican uttering the two words tax increase without the word no before it. And the democrats uttering two words, spending cuts, without the word no before them. Neither seems to be able to pull off that syntax, though. At this point i think weve got to assume that the washington people, they cant get it together. Weve got to gird ourselves for a cli
Prayers that everyone affected by this terrible tragedy in newtown, connecticut. Our words can do little to ease your pain. But you know this. We are with you in this incredible difficult time. And recognize that you are who we are thinking about, even as we try to focus on our work today. So as for the markets, it was another weak day. Dow dipped 36 points. S p gave up. 41 . Nasdaq declined. 70. A lot of that again because of apple. You know the drill as we head into the weekend. Im not expecting to hear any progress on the fiscal cliff. But you know, i always watch the sunday morning talk shows now very closely and im looking for some politicians saying something encouraging. What does encouraging mean . It means a republican uttering the two words tax increase without the word no before it. And the democrats uttering two words, spending cuts, without the word no before them. Neither seems to be able to pull off that syntax, though. At this point i think weve got to assume that the w
The yield is up after the fed minutes suggest the hawks are a little bit restless and as for europe we continue to watch the death toll in ukraine. The eu does hold an emergency meeting today. It is facebooks largest ever acquisition by far, the social network whying messaging Service Whatsapp and Mark Zuckerberg said the deal came together in ten days and some of the details are beginning to fill in. Closing the deal over chocolatecovered strawberries but a lot of metrics being thrown around, david, 42 a user and questions of how quickly this company can grow. Yeah. Of course, the thought being at 450 million users perhaps they can get to a billion. It is considered a communications platform. It is not about advertising. It is about communications. It is a very Popular Platform in europe. The user interface is said to be very slick. Given that most of the 55 employees that work at this company are engineers. But, carl, you know, there are many people who might want to ven tture its 19
Mind about where stocks are going for the long term, and thats higher. A lot higher as a matter of fact. Well hear more from Warren Buffett coming up here. General motors doing more damage control today after a report shows there was a simple fix to the ignition problem that costs as little as 1 a car. The company made a socalled business decision not to spend that money. Today we investigate how a decision like that ever gets made in a company like gm. The answer is illuminating and alarming. It continues to be the story gripping the entire world. More fast moving developments in the malaysia aramis tri including evidence thats prompting investigators to become more convinced this was not an accident and the flight may have been deliberately diverted. Or something worse maybe. Were going to try and have the very latest for you coming up a little later. Certainly not helping to soothe markets right now. The dow popping up a little bit since we just mentioned it was off 50. Its now off