Cutting the number of rate hikes it expects this year in half. What that means for the markets. Shares of fedex are up on earnings and company taking a shot at amazon on its call yesterday. Plus jim cramer spoke to target ceo about competing with amazon. How hes positioning his company against jeff bezos. First up something that would have been nun thinkable. Dow and s p down 1 for the year after the fed reduced the number of rate hikes it expect this year from four to two. Futures moving lower. Caterpillar issues First Quarter estimates in the wake of lower Commodity Prices even though they stayed firm on their guidance for the year, jim. Yeah. I found that two surprising things was one how deep the cut was First Quarter. And two, how they believe that somehow things are going to get better quickly. I think that caterpillar is in a nutshell what fed did. Look these are Great American companies. Not doing well at all. That has to do a lot with oil and gas and mining. Not just all inter
From our studios in new york city, this is charlie rose. Tom friedman is here. He is a pulitzer prizewinning author and a foreignpolicy columnist for the New York Times. 2014 presented conflict for president obama at home and abroad. The crises have not deterred him from taking executive action to enact fundamental change in his second term. In beijing last month, he announced a historic climate agreement between the United States and china. This was followed by a decision to unilaterally grant protection to nearly 5 million undocumented immigrants. On wednesday, he made history again with his announcement to do away with the halfcentury long u. S. Estrangement from cuba. I am pleased to have tom friedman here to talk about these issues and more as we look back at 2014 and look forward to 2015. Welcome. Good to be here, charlie. First, it is very interesting. Here is barack obama who suffered a huge defeat in the midterm elections and is now almost liberated and doing things he probabl
From our studios in new york city, this is charlie rose. Tom friedman is here. He is a pulitzer prizewinning author and a foreignpolicy columnist for the New York Times. 2014 presented conflict for president obama at home and abroad. The crises have not deterred him from taking executive action to enact fundamental change in his second term. In beijing last month, he announced a historic climate agreement between the United States and china. This was followed by a decision to unilaterally grant protection to nearly 5 million undocumented immigrants. On wednesday, he made history again with his announcement to do away with the u. S. Estrangement from cuba. I am pleased to have tom friedman here to talk about these issues and more as we look back at 2014 and look forward to 2015. Welcome. Good to be here, charlie. First, it is very interesting. Here is barack obama who suffered a huge defeat in the midterm elections and is now almost liberated and doing things he probably wanted to do fr
From our studios in new york city, this is charlie rose. Tom friedman is here. He is a pulitzer prizewinning author and a foreignpolicy columnist for the New York Times. 2014 presented a convergence of conflict for president obama at home and abroad. The crises have not deterred him from taking executive action to enact fundamental change in his second term. In beijing last month, he announced a historic climate agreement between the United States and china. This was followed by a decision to unilaterally grant protection to nearly 5 million undocumented immigrants. On wednesday, he made history again with his announcement to do away with the u. S. Estrangement from cuba. I am pleased to have tom friedman here to talk about these issues and more as we look back at 2014 and look forward to 2015. Welcome. Good to be here, charlie. First, it is very interesting time. Here is barack obama who suffered a huge defeat in the midterm elections and is now almost liberated and doing things he pr
From our studios in new york city, this is charlie rose. Tom friedman is here. He is a pulitzer prizewinning author and a foreignpolicy columnist for the New York Times. 2014 presented a convergence of conflict for president obama at home and abroad. The crises have not deterred him from taking executive action to enact fundamental change in his second term. In beijing last month, he announced a historic climate agreement between the United States and china. This was followed by a decision to unilaterally grant protection to nearly 5 million undocumented immigrants. On wednesday, he made history again with his announcement to do away with the u. S. Strangement from cuba. I am pleased to have tom friedman here to talk about these issues and more as we look back at 2014 and look forward to 2015. Welcome. Good to be here, charlie. First, it is very interesting time. Here is barack obama who suffered a huge defeat in the midterm elections and is now almost liberated and doing things he pro