Ceiling. Authorizing bills the payment already racked up, the president must agree to a delay in the Nations Health care law, the elimination of Greenhouse Gas regulations, the authorization of the Keystone Pipeline and end to social service grants that provide daycare and provide meals to elderly and elimination of parts of dodd frank financial reform. No word yet on whether the house gop will ask for the resignation of attorney general eric holder or a decrease in the federal minimum wage. As with all things republican, things are fluid here. The Washington Post sums up the bill quite niecely. House gop debt limit bill isnt a serious governing document, not even a possible opening bid, it is a cry for help. It may not be serious, plausible, it may not be grounded in reality. As the speaker announced this morning, its what they got. The president says im not going to negotiate. Well, im sorry but it just doesnt work that way. Joining me contributing editor for new York Magazine and ed
A new report is out on who is paying and how. The share of the bill the parents are putting up is dropping bigtime. Well tell you how people are making ends meet. First though to sue at the nyse. They are talking about that burger down here on the floor, ty, but were going to talk about the s p because right now, as you pointed out, the s p, the dow and the nasdaq kind of a mixed performance. The s p is down about 2. 5 points, but the dow is up 21 and the nasdaq down 13 and the russell off just a fraction, but we want to focus on the s p for just a minute. At the 1692 mark just shy of the 1700 mark. Career to date that means the s p is up a full 18 . If we cross 1,700, what does that mean for all of those wall street strategists who are way under that for the yearend targets . Josh lipton and his team have been calling all the big firms out there and joins us live from hq. What have you been finding out, josh . Hey there, sue. The s p 500 nearing 1700, a big filestone for a market alre
Comments from reid hastings. I hope youre hungry news on dominos, wendys a bunch of Food Companies and throw dupont in there, if you wanted. Thats what they want you to say. Sorry, kids, no more kids meals at taco bell. Will other fast food chains follow . Well start with dupont. Shares on the rise this morning. The dow component beating the street with 1. 28 and revenues coming in a bit shy of consensus. Dupont considering a sale or a spin off of its chemicals business. Ellen spoke about that unit earlier on squawk earlier this morning. Volumes were up sequentially year over year, but off from last years market. A cyclical and volatile segment for us. Thats the segment that is undergoing review of strategic alternatives. Second largest sales generator, jim, behind aggs. She has not spoken to nelson peltz yet. This is one of these moments where it makes a ton of sense. If you listening, the stock was at 54. You just caught a 10 move. What is important here is that a lot of people felt
The worst team in the nba. But as youll see, hes not like any other owner of a big time American Sports franchise. Hes an adrenaline junkie with a few unusual toys. See . [gun clicking] and he owes some of his fame and fortune to a bevy of party girls. Frankly speaking, i like women. Coal has made jim rogers and his company rich, and thats why we were surprised to hear what this power baron has to say about what coal does to the environment. You know, there are a lot of people, many of them in your industry, many people that you probably know, who say that Global Warming is not a big problem. Its my judgment it is a problem. We need to go to work on it now. And its critical that we start to act in this country. But if its so critical, why is rogers still building new coalburning power plants . Welcome to 60 minutes on cnbc. Im steve kroft. Politics and business can be strange bedfellows. In this episode, we have a report on a billionaire walking a fine line between the russian governme
Easily top forecasts. Chinese factories continue to fall back shedding jobs at the fastest pace in more than four years. Hsbc leads to more calls for fresh stimulus support. And hedge fund under fire. Reports say u. S. Prosecutors are set to file criminal charges against sac capital over alleged Insider Trading as soon as this week. Good morning, thank you for joining us. We have some information just crossing the latest picture on the eurozone. Lets just dive into the eurozone composite pmi, growth for the First Time Since january 2012. In terms of some of the numbers that have just hit, the composite pmi showing us there is expansion in business activity. The flash pmi estimate was at 50. 4. The read for the markets was expected to be in the order of about 49. 3. These are the estimates on the flash number for july. This compares to what we had in june when the number came in at 48. 7. We got to 50 on this key number, which is interesting. We havent seen that for quite a while yet. L