Want to go to cnns Boris Sanchez at the white house. Boris, apart from the president s threats, were also hearing a new attempt to shift blame to the presumptive new speaker of the house. Yeah, thats right, jim. This morning, the incoming acting chief of staff, mick mulvaney, said he had a gut feeling that Senate Minority leader Chuck Schumer wanted to strike a deal with republicans over the Government Shutdown, but he believes that its nancy pelosi, the House Minority leader, the likely future speaker of the house, who is Holding Things back because he believes she doesnt have the votes to become speaker. Effectively, the white house is at a standstill in discussions with democrats over border wall funding. Mulvaney confirmed some reporting that the white house made an offer to democrats that included less than the 5 billion that the president demanded for his wall. Mulvaney would not give a specific figure, but that lines up with what cnn reported in the last few days, that an offer
Claims travel 20 times faster than the speed of sound, and the u. S. Military cant stop it. The new pentagon chief weighs in. Welcome to the lead. Im dana bash in for jake tapper. We begin this afternoon with breaking news in hour money lead. Wall streets wild ride. The dow prung plunging more than 600 points at one point today before closing in positive territory. This comes just 24 hours after the index posted its biggest sing le gain in history. It was up about 260 when it closed 90 seconds going. Drastic swings. Once again what are you hearing on the floor there . Reporter what a big comeback stocks are making. You saw stocks literally erase a 611point decline and then close up, talking about the dow, up 258 points. Thats an 800point swing, so clearly this is a session thats been marked by heavy volatility. At first the beginning of the day, we saw a big pullback after that historic jump in the dow and then we saw stocks come back. As this turnaround is happening as investors are t
Crews are working to fix a massive centurylink outage affecting emergency calls. It knocked out 911 services in several states. No end in sight to the government shutdown. President trump threatening to close the southern border entirely if democrats do not fund his wall. Were in this for the long haul. A miracle rescue in the french alps. A 12yearold boy survived being trapped in an avalanche for 40 minutes. What is that . Holy bleep a technical malfunction at a power station in queens caused this eerie blue glow. Many speculating an alien invasion. This was on the site which raised some questions. The oldest world war ii veteran in the United States has died. Richard overton served at pearl harbor just after the japanese attack. Im just a person, im not a hero. I aint done nothing nobody else couldnt do. Brown good evening. Jeff glor is off tonight. Im james brown, and this is our western edition. And we begin with the capture of a sustained cop killer in california. Authorities say
Telecommunications firms zte and waway. Joining us is ron insana. I dont even know when ive seen anything like this. Market volatility is nothing new but have we ever seen the kind of swings weve seen in the past two days and really the past two weeks . Absolutely. Percentage basis . Yesterdays 1,000point gain did not even qualify for the top 50 percentage moves in stock market history. Are you kidding . No, im serious. Because it sure felt bad to me. They do. Its the law of large numbers. Back in 1987 when the dow fell 508 points on october 19th, that was a 23 decline coming off 2200 on the dow. Were at 22,000 today. To have that type of day you need to be down 5,000 points. Whoa widely different virp. It always feels rocky. Volatility has been up. Were seeing more 2, 3, 4, 5 days than we typically do and were in the midst of a bear market, where stocks are down 20 from their most recent highs and some stocks are down considerably more than that. And for the reasons you cited, trade w
Inside politics, sourced by the best reporters, now. Welcome to inside politics. Im nia Malika Henderson in for john king. We are now nine days into the partial Government Shutdown and there is no light at the end of the tunnel, no signs of substantial negotiations, no signs that either side will back down in the fight for funding for a border wall. The president tweeting hes in the white house waiting for the democrats to come over and make a deal. Because of the shutdown, will he skip his new Years Eve Party at maralago to stay in washington but still doesnt sound like a man ready to compromise. How long do you think the shutdown will take, mr. President . Whatever it takes. Were going to have a wall. We need safety. We need safetyfor our ountry. We need a wall. How long is it going to take . When are they going to say we need Border Security . When are the democrats going to say . Dont forget, the democrats all agreed you need a wall until i wanted it. Once i wanted it, they didnt