They are getting louder and louder, including one from aoc, but she thinks we should just pay people to stay at home. I want to get reaction from congressman andy biggs about that at the bottom of the hour. All that and so much more on making money. Charles it feels like the markets marking time because its marking time. Right now, the s p has moved less than 1 for the week. The nasdaq is up about 1 for the week. The biggest story has been the continued celebration in the oil patch. The blue wave, remember, didnt happen and that was the big play there. The other side of that coin is utilities and thats why they have been actually slammed since the election, including this week. While buy has alternated between growth and value, it was stocks that were deeply hammered that actually enjoyed the greatest revival, particularly brick and mortar retailers. Even today, those names are up on better than expected earnings. All of this creating a dilemma. Do you buy the broken names with the mos
Good wednesday morning. Welcome to squawk alley. Carl quintanilla with Kayla Tausche at post 9, and mark santoli. Donald trump making two key cabinet nominations they morning. Lets get right to our john harwood outside trump tower with all the details. John . Reporter carl, these are two of the big ones. Steve mnunchin has been selected by donald trump to be his nominee for secretary of the treasury. He, of course, is a former Goldman Sachs partner who was the fundraising chief for Donald Trumps campaign. Also, wilbur ross, who is going to be the commerce secretary, billionaire investor, well known to viewers of cnbc, neighborhood of Donald Trumps in florida where he has his marioa lago estate 37 and he moderated the trump economic message in a few ways. Instead of talking about outright scrapping dodd frank, as donald trump did during the campaign, Steve Mnunchin talked about modifying parts of the law that discourage lending. Thats one signal. Secondly, donald trump said during the c
7 weather team. See the screen for your complete weather information. Here is additional forecast information from the kwwl stormtrack 7 weather team low pressure is moving just north of the iowa minnesota here in eastern iowa. As it tracks off to the east, we have the potential to see some flurries. A rain snow mix is possible. Southern counties may not see anything except clouds. However, even the Northern Counties wont see much accumulation by the time all is said and done. Highs today overnight, a few lingering flurries are possible. As temperatures fall to near freezing 32f , fog is possible. December begins with near normal highs in the upper 30s low 40s. More sunshine is likely on friday into saturday as High Pressure tracks in. Weekend outlook we will have a big story this morning a standoff in a snowstorm. People have been showing up to support the Standing Rock sioux tribe which is upset about the Dakota Access pipeline. Theyre worried the pipeline which would cover four stat
To be harmless, and fake. Police pick up some wild camera video. Good morning, im ally crutcher. And im jerry gallagher. With storm track 7 meteorologist eileen loan. Good morning. Eileen on camera from the kwwl stormtrack 7 weather team. See the screen for your complete weather information. Here is additional forecast information from the kwwl stormtrack 7 weather team low pressure is moving just wednesday. Driving our weather here in eastern iowa. As it tracks off to the east, we have the potential to see some flurries. We begin with the white house transition. More big announcements are expected today. Tracie pot with the latest on the transition and whats happening on capitol hill today. I think the American People are seeing the leadership and the energy that our president elect today Goldman Sachs alum and Campaign Finance chair Steven Mnuchin as treasury secretary. And billionaire wilbur ross as commerce secretary. It was a good enough meeting. They gave me a proper rain hat. St
Minnesota line through the day wednesday. Driving our weather here in eastern iowa. As it tracks off to the east, we have the potential to see some flurries. A rain snow mix is possible. Southern counties may not see anything except clouds. However, even the Northern Counties wont see much accumulation by the time all is said and done. Highs today will be in the low 40s. Overnight, a few lingering flurries are possible. As temperatures fall to near freezing 32f , fog is possible. December begins with near normal highs in the upper 30s low 40s. More sunshine is likely on friday into saturday as High Pressure tracks in. Weekend outlook we will have computer models are not in agreement about sunday. Some keep it dry, others bring in some precipitation. We will watch it carefully. With highs in the 40s, any precip looks it would be like rain. We are watching a system for the middle of next week that could bring snow to eastern iowa. Change is very likely at at least three people are dead f