Are not moving much at this point, but yesterday we did see heavy action. In the red italy reporting that its in recession, two quarters in a row of contraction. Germany was heavily hit, not only by what happened in italy, but by all the talk about what happens in these sanctions and the retaliation against the sanctions by russians. Back here in the states, key data today. At 8 30 eastern time, weekly jobless claims. This afternoon, we have Consumer Credit. In addition, many of the nations retailers will be reporting july samestore sales today. On the earnings front today, Companies Set to post quarterly includes including orbitz, wendys. In corporate news, bank of america reportedly close to a nearly 17 billion settlement with the government over mortgage bonds. The deal with the doj is said to include about 9 billion in cash. The rest said to be going to consumer relief. Settlement was reportedly reached in principal after a phone call last week between bofa Ceo Brian Moynihan and a
Buck 47 a barrel. Energy co. Still getting hit because we went up and then we went down so exxon is taking a hit, same with chevron, Conoco Phillips a little bit. Now we have 21 states in the 1 gasoline club. That is where the state average for regular is below 2 a gallon. Most people in america pretty much have access to under 2 gasoline. How about that . The Interest Rate barometer we check every day, down again, 1. 81 is the interest on a ten year treasury bond, historically very low. President obama wants to give away, paternal leave for federal workers, six weeks of that fully paid. Stuart s to give that away, paid sick leave for everybody one weeks worth, a giveaway to everybody Washington Times on my opinion editor Monica Crowley is here. I dont think any of this is actually going to pass muster in congress, what the president is doing is my opinion, he is a we are going to give everybody all this good stuff republicans are going to say no you are not and they look like the bad
The head with a hammer. Heres the entire 9 second video. Grant here it is again. Chanting grant the guy in the bike helmet is pushing away people who may be trying to vandalize or look a buisness. You can see a man in a mask use a hammer to hit the man in the face. Grant the whole time. Others are chanting peaceful protests grant he was hospitalized. Hes expected to be okay. Kron fours teresiaom the storefront. That the victim was trying to help protect. Reporter getting into a fight with several other in front of the store and they were all the sutton and men and headed sweatshirts strikes the man and the helmet and he goes down. It is unclear from the video is if he has sustained major injuries such as a concern concussion. Slowing down the cell phone bill obtained by kron4 news you can see the attack quite clearly vandalism has definitely been profound. Grant berkeley Business Owners are still assessing the damage from the protests over the weekend. Grant slabs of plywood could be s
Personal spending was a disappointment this morning. We begin with the first trading day of the month after a monster february. With an eye on nasdaq 5,000, will the momentum continue into march . Warren buffett on the record on the economy, ibm and the news that these were places amex as costcos credit card partner. The biggest acquisition in tech. Exclusive with the ceo of nxp in just a moment. And after lots of leaks, it is official hewlettpackard also vying Aruba Networks 2. 7 million when you back out the cash. A bit below the stocks close on friday. First up futures are mixed as we begin a new month of trading. China cut Interest Rates for the second time in just over three months. Here in the u. S. February was a pretty nice win for the bulls. The nasdaq up more than 7 . Its best month in three years. Dow up 5. 6. S p, about 5. 5, each posting its best february since 98. Interestingly, last february was also the best february since 98. So the pattern to the years has been pretty
Federal Government Shutdown. Here are the latest headlines. Randall pinkston joins us live from washington. Good morning, randall. I figure something has got to give. Does anyone know what that might be in well, while there may not be a negotiation scheduled between president obama and Senate Democrats, there are apparently intense discussions going on within the Republican Party in the house of representatives. Speaker boehner has it within his power to make a move to get this whole thing settled, and president obama is saying it is up to boehner. The white house was forced to keep his tension on the white house. He canceled his trip to asia because of the shutdown. Jay carney said. President obama called his indonesian counterpart who was said to have understood the reasons. The president comes on the heels of the president skrcrubbing hi plans to visit malaysia and the philippines earlier in the week. In his place secretary kerry will visit the region. While president obama will be