The sool system decided to close the schools. This is because also, keep in mind, what has happened just less than two weeks ago with the San Bernardino shooting, and they wanted to take all necessary precautions because this was a threat not just to one or two schools, but to the entire system. What were learning now, though, is that new york city Officials Say they received the seam threat that led to the closure of the l. A. School system, but they quickly concluded that it was a hoax. Mayor bill deblasio said this morning he was convinced there was no danger to schoolchildren in new york. A writing to a number of different places simultaneously and also written in a fashion that suggests that its not plausible he. He said it was a similar 230e9 to the one that was received in l. A. That was received about the new york schools as well. Still, we still have word, of course, that the l. A. Schools have been closed. Were talking about some 900 schools in that district. 640,000 students
Our road map begins with another setback for chipotle. That e. Coli square worse than originally thought. And elon musks spacex makes history overnight. And an allstar team on selfdriving cars. How ford and google could be getting into business together. First up the final report card for Third Quarter gdp showing 2 growth. That data coming the morning after the major indices snap twoday losing streaks. Oil prices trying to rise from multiyear lows. We are starting to think about what 2016 will bring for some of these asset classes, jim. Yeah. Ive been noodling over this, going back and forth about what the analogy here. I feel this portion of Industrial America that is oil, natural gas, steel, iron, anything that we make, copper, anything that we produce, its almost like theyre folding like the dotcoms. They employed many more people. But the implosion that youre seeing theres a downgrade today of encana. One of the Great Oil Companies of our time. Theyve done everything right to be a
Dagen things got worse for tony romo, left after injuring his collar again. Was it a break . Cheryl they dont know. Dagen i bet against her and i would have lost. Our top story this morning the fallout of turkish russian fighter jet. The u. S. Was aware of the flight path of the downed aircraft. Joining us john hart. Where does this go . We had the president of france meeting with Vladimir Putin yesterday and still pushing for cooperation but what does this means, where do we go . John lets talk about why we are here. We are seeing the consequences of what i call the Obama Doctrine and that doctrine says the United States should not have aForeign Policy until a theres a refugee crisis or b theres a terrorist attack, so the fact in syria theres been a power vacuum for years because the United States has not lead, Vladimir Putin recognized that, he stepped in and ill provide leadership. Putin is not interested in fighting terrorism. Hes interested in protecting assad the dictator and mai
The 12 year lows. Theyre on the rise with china stocks as well. Look at oil, 33. 78. Lauren stocks and oil moving in the same direction this week. Market chaos in china certainly becomes a political issue on the campaign trail. Well tell you what candidates like donald trump had to say. Nicole well talk to gordon chang. He is the author of the coming collapse of china. Is this just the beginning of the end . Well hear reassuring words from Charles Schwab chief investment strategist Liz Ann Sonders. Live reports and analysis. We have you covered from beijing, new york, and chicago. Fbam, your look at fbn am, your look at markets and breaking news, what to expect in the day ahead. Mike ingram, market analyst at bgc Partners Joins us on the phone. Mike what are you thinking now, after this crazy week . Look, were down 5 but up arrows this morning. Now what . Frankly i would just stay well away. Very controversially underweight equity markets end of the First Quarter of last year. And im s
Today alone. Brace yourself for more serious weather. Mudslides possible on the west coast. Rain and snow in the east. Lets go down to sue at the new york stock exchange. And you know we have another triple digit down day for Dow Jones Industrial. Part of that is linked to the drop in oil. Art cashin saying not only the Energy Stocks under pressure but that has spilled over to financial stocks. They are worried about the high yield debt that some banks own concerning energy. Right now the Dow Jones Industrial average off 103 points. The nasdaq is off 31. And the rus russell 2000 is off almost a third of a percent. Followed closely by the dow. Oil tanking hitting new lows of the trading session down almost 4 on wti and thats 3. 5 on brent. Bob pisani joins me on the floor of the new york stock exchange. Just the under pinnings of the market dont feel good today. Look at chevron. 50 of the 150 points in the down side. That is exxon and chevron. There are dozens of new lows in the Energy