Health marketplaces have been identified, are they too complex that is a shorter period of time than republicans wanted because they wanted to preserve the lower sequester spending levels as long as they could. The debt extension level would be through the middle of february, february 7th to be exact, shorter than democrats wanted, there would be a budget a negotiation at that time. There does not appear to be a rollback or appeal of the device tax that some republicans asked for. There will be income strength and subsidies under obama care and as a trade for that democrats are going to get something labor unions have asked for, which is the delay in insurance tax, which labor unions complain hit their taxes too hard. Hi, john it sounds like some of the main issues that were on the table in the beginning have been pushed off. This is all about pushing all the problems down the line. Is this what it has come down to . There is no credible plan about getting longterm spending under contr
The show. Congress found away to end the Government Shutdown and get workers back on the job. But millions of americans remain unemployed. And as far as we know the unply Unemployment Rate is below 6 . The septembers job report is scheduled for release on tuesday. The job growth has been inconsistent with big gains in one month offset by another month. We should add 200,000 or more net new jobs a months. That means the jobs added and the jobs su sub strablghtd trac. Well tuesdays jobs report will kick off the release of a flood of other data that was backed up in washington. Ahead of that report i asked austin for his insight on the job market. He is the former chairman of the president s council offed a adv. Austin good to see you. Im going to spare you and the viewers from any further discussion of a sense of a shutdown and the debt ceiling debate. Lets have you fill in the blank for us this is an important time in our economy. Okay. We need to know what is happening and what consume
Futures meantime okay. 10year yields not moving a whole lot and may not until we get the fed statement tomorrow. Our road map begins with apple, profit and revenue did beat the street last night but margins are below expectations. Sears has considered breaking off its lands end and sears auto businesses. Facebook looking for the social marketing revolution. And nbc reporting the Obama Administration knew millions would not be able to keep their Health Insurance under the new Affordable Care act. First up, though, apple did beat the street last night with its fiscal Fourth Quarter numbers. Profits fell, growth margins slid among heightened competition, despite the sale of 40 million iphones for the quarter. They see revenues 55 billion to 55 billion. Heres what ceo tim cook had to say last night on apples conference call. If terms of supply, into the quarter with a very significant backlog. However, our supply is building each week. In terms of the retina or the ipad mini where the resi
Brother,tzker, sorry, i think you could be out of the job. I need to get to the news feed. Johnson johnson are rise shares of Johnson Johnson are rising today. They raised their forecast in 2014 after firstquarter profits rose 34 . Came frome sales products introduced in the last five years. Generaloff may leave electric sooner than expected. Expectingecting leave sooner. Militaryas started a backed off for asian military backed operation. Those militants have been occupying Ukrainian Government buildings. President obama and vladimir phone, but on the remained at odds over who is at fault. Bring in my guest post. He is the founder and chief rnvestment officer at aq management. Man has degrees in economics, engineering, an mba, and a phd in finance. Welcome. I am glad you are here. Few times we have spoken, i pushed you on headlines. You have said, i do not stay awake overhead lines. When i look at the geopolitical situation, makes me wonder, does all of this going on in the world affe
The clock is running down to thursday when americas credit could start to run out. American credibility around the world hanging in the balance. So is the manmade crises about to end and how fast . Abcs chief White House Correspondent Jonathan Karl has been talking to his sources. Reporter in washington peace could be at hand. Democratic and Republican Leaders in the senate have struck a tentative deal that would end the shutdown and prevent default, but it is not a done deal. There is no guarantee that republicans in the house will go along. Its hard to imagine these guys would like what they see. At least mt. Rushmore reopened today, the state of south dakota footing the bill until politicians get their act together in washington. Government buildings are still closed and trash is piling up. The Government Shutdown now in week three. After a furious day of closed door meetings on capitol hill, a tentative deal is at hand. It would reopen the government but only until january 15th and