Automakers emissions scandal. All that and more tonight on nightly Business Report for friday september 25th. Good evening, everyone, and welcome. Bombshell news on capitol hill today. Speaker of the house john boehner announcing his resignation just days ahead of a potential Government Shutdown at the end of september. So what does it all mean . Eamon javers takes a look at the implications. This morning i woke up and i said my prayers, as i always do, and i decided, you know, todays the day im going to do this. Reporter the announcement caught republicans on capitol hill by surprise. Even though tensions had been building in their conference for months. Evidence of that tension in the Republican Party the exuberant reaction by conservatives at the values voters summit in washington. Just a few minutes ago Speaker Boehner announced that he will be resigning. [ cheers and applause ] reporter some of the most conservative members of congress cheered the decision in their own way. He is
Automakers emissions scandal. All that and more tonight on nightly Business Report for friday september 25th. Good evening, everyone, and welcome. Bombshell news on capitol hill today. Speaker of the house john boehner announcing his resignation just days ahead of a potential Government Shutdown at the end of september. So what does it all mean . Eamon javers takes a look at the implications. This morning i woke up and i said my prayers, as i always do, and i decided, you know, todays the daydam going to do this. Reporter the announcement caught republicans on capitol hill by surprise. Even though tensions had been building in their conference for months. Ence of that tension in the Republican Party the exuberant reaction by conservatives at the values voters summit in washington. Just a few minutes ago Speaker Boehner announced that he will be resigning. [ cheers and applause ] reporter some of the most conservative members of congress cheered the decision in their own way. He is not
Automakers emissions scandal. All that and more tonight on nightly Business Report for friday september 25th. Good evening, everyone, and welcome. Bombshell news on capitol hill today. Speaker of the house john boehner announcing his resignation just days ahead of a potential Government Shutdown at the end of september. So what does it all mean . Eamon javers takes a look at the implications. This morning i woke up and i said my prayers, as i always do, and i decided, you know, todays the day im going to do this. Reporter the announcement caught republicans on capitol hill by surprise. Even though tensions had been building in their conference for months. Evidence of that tension in the Republican Party the exuberant reaction by conservatives at the values voters summit in washington. Just a few minutes ago Speaker Boehner announced that he will be resigning. [ cheers and applause ] reporter some of the most conservative members of congress cheered the decision in their own way. He is
Game plan for 2016. But first, so long, santa claus. Only three days left in 2015. Guess what, folks, there is no santa claus rally in site. I can see a whole lot red with the major averages lower today. As oil is dropping again. The dow now poised for its first negative year since 2008. Pete, kick it all off. Did you expect 2015 to be so volatile, number one . And number two, kind of lackluster once the score is in. When you look at where the markets been, its been very much in a tight range. Weve talked about this rotation, which has occurred for what seems like the entire year. When you look at last week, it basically encapsulated what weve seen throughout the year. Which is we started bat eed at 2020. Here we are in the 1700s. Thats the kind of year were in now. I think well see a lot of that as we try to get to all the different numbers and interpretations of whats going on global. How many times did the s p go over that breakeven line . Dr. Jay what do you think for 2016 . I dont
Lower with oil tipping below 40 for the First Time Since summer, but then at midday came news of yet another mass shooting in america. This one occurred at a center for people with disabilities in san bernardino, california. As of this evening, Authorities Say at least 14 are dead. An equal number are wounded. Police are searching for up to three suspects who apparently fled the scene and whose motives are unknown. Investors already on edge after the paris attacks sold stocks into the close. On the day, the Dow Jones Industrial average fell 158 points to 17,729. The nasdaq slipped 33 points and the s p 500 was 23 points lower. But before this afternoons events, the markets eyes, as we mentioned a moment ago, were trained largely on Federal Reserve chair janet yellen. She spoke to the Economic Club of washington and made it clear she thinks the economy is improving, but is it Strong Enough to raise Interest Rates two weeks from today for the first time in nine years . Steve liesman repo