Your money, your life, your future now, becky quick we begin with your privacy your personal Financial Data and hackers. By now youve heard about the equifax data breach where names and Social Security numbers of 143 million americans were exposed. Well have more on that in just a minute first, andrea day on new risks to your atm or credit card this weeks cover story is card sharks atm skimming is over a 2 billion problem globally. Reporter that cash swiped by hightech thieves when you swipe at the atm or gas pump they use skimmers or card readers to grab the info but these arent any ordinary skimmers. Things are definitely getting more sophisticated. Reporter if you think you can spot them, think again the latest gadgets are stashed deep inside. Its unbelievably easy. Reporter security expert Chris Hadnagy found this for sale on the dark web its as thin as a credit card. And it slides into the slot and down its not even detectable. Reporter this one uses blue tooth so criminals just c
Hill to save obamacare eamon javers is in d. C. With more reporter hi, melissa the white house is trying to work through whether or not its going to endorse this deal that we saw on capitol hill, its the Alexander Murray deal named after the two senators who sponsored it the key is it would extend those cost sharing reduction payments for two years. Those are the payments that the president blocked last week, saying that Insurance Companies were getting an unfair deal, a political payout under obamacare. He blocked those payments. This deal would put those back in for two years the president was asked about that in the rose garden earlier today. He appeared to suggest that he liked the deal, at least thats the way many people took it. Listen to what the president said lamar has been working very, very hard with the democratic his colleagues on the other side, patty murray is one of them in particular, and theyre coming up and theyre fairly close to a short Term Solution the solution wi
This falls on the heels of other cosmic numbers around the globe. On the manufacturing friend throughout the day, december ism Manufacturing Index rising at the fastest pace in two years at the 54. 7. That prices paid gauge i mentioned is that the highest since june 2011. We have been seeing stocks climb this morning because of the manufacturing numbers from around the globe, in particular out of china. 19,891 on the at dow, so short of 20,000 but we continue to watch for that level into the new year. Chesapeake getting. 75 of 1 and the numbers around the globe on manufacturing, take a look at the bloomberg. A look at the chart globally. At 54. 7, the purple line is the eurozone number, also showing strength in the chinese official pmi is predicted to kick up by a couple of different measures. Lending to some of the gains we are seeing in stocks around the globe. Also, we have been watching what is going on the commodity groups, specifically with oil prices as we do have these opec cut
The inauguration. That seems to be whats happening now but were still within less than 1 . The s p closed at 23 and change today. We have had had days where the s p is up in essence twice that much on any given day so could you see a scenario where all along mr. President elect trump has been waiting for his Inauguration Day to get that magical 20,000. Would it surprise anyone out there, the do you jones miraclely trades 20,000, i could see that. With that said, the internals of the markets have not been great now for the last couple weeks. There are some troubling signs. Banks havent be trading well. I could easily see in the scenario tomorrow where the s p is up. What do you do if that happens . Provided nothing gets said thats not necessarily smart. I would say if the market sells off big tomorrow i think you pick pockets like financials. If theres an opportunity to buy stocks. I think on weakness there is. I love the drug stocks here. I think weve talked about pfizer. These are nam
After the bell. Well tell you what to expect and live analysis when the earnings are released. Meantime, the Republican National Convention Officially under way in cleveland right now. We are live on the ground there with the latest developments. Plus, mr. Trump senior trade adviser on why he believes free trade failed the United States. Remember this one . We have new developments in the story about a Hedge Fund Portfolio manager fired after throwing a big hamptons party. The Hedge Fund Manager is speaking out saying theres a lot more to the story and hell tell us what it is after the bell today. All right. Japans softbank buying uk based apple supplier arm holdings. David farber, david, has the story for us right now. I do. Thats right. Arm. I want to hear about the Hedge Fund Guy and ill wait for that. But as for this deal, of course, many people actually not expected it. They werent waiting for a deal of this type. Arm holdings, bill and kelly, not necessarily thought of as a conso