off the allergies. dagen: two weeks. connell: you have not called in sick, though. dagen: no. i do not believe in it. connell: let s go to nicole petallides. nicole: let s take a look at what is going on. the dow jones industrials down about 24 points. yesterday, we broke new records again. we have not had that since 1998. obviously, we have had a run-up. now, it is taking a little bit offa breather. we got in our weekly jobless claims. slightly better than we expected. most of the names have down arrows. dagen: thank you. connell: a huge problem overseas. greek youth unemployment over 64%. 64%. dagen: it also ticked up to 27%. what about here at home? dan had a column about this very thing. you cite a center for american progress report. the new york times has really jumped on the problem of youth unemployment and really taking it there political issue versus the gop. the study came out last month and was actually very good. white, hispanic, black. for black teenagers, t
nicole: do not look now. look now, the dow and nasdaq with the aeros. that may snap its winning streak. five consecutive record all time closes. we have not seen that since 1998. a historic time here on wall street. new records day after day. we will see whether or not the dow closes in the green. it will be the 18th record close for the dow this year. we did get into jobless claims that were better than expected. they rolled out 114 of the charts. fifteen of them have been delivered to eight airlines. nice one year chart for boeing. lori: major averages hovering near the flat line. the s&p, well, it is only a few points off of a six record close. joining us now is raymond james chief executive. jeff, thank you for being here. can stay over for a lot longer than people think. the half life for people in this business is about 14 years. the market state overbought and it stayed over bob for a long time. my hunch is, unlike the past three years, i don t think that strategy pl
now, this is near meridian avenue. now, there is evidence of gas leaking into the air and pg&e crews have been called to make repairs. you can see quite a large police presence on scene, and also fire. it s not clear what caused the accident at this point, but police and several fire trucks, as mentioned, are on scene. a few homes around the accident have been evacuated as a precaution. of course, we will continue to follow this. again, this is curtner avenue, near meridian and san jose. now to decision 2012 and the race for the white house. just hours after clinching enough delegates to win his party s nomination, mitt romney hitting the bay area atm. he ll be in hillsborough tonight, hosting a fund-raiser at the historic carolyn chateau. at 65,000 square feet, it s one of the largest mansions in the country and a california landmark. christie smith is outside the chateau with a look at romney s visit. good morning. reporter: good morning, john. it really doesn t get muc
at romney and private equity. investors walk off with big returns and working folks get stuck holding the bag. now, that may be the job of somebody who is engaged in corporate buyouts. that s fine. but that s not the job of a president. that s not the president s job. good political rhetoric for the campaign trail, but is the president throwing stones in a glass house? the washington post says obama has his own not so pretty record in public equity. the white house has invested billions of taxpayer money in private businesses that have since either failed or are failing, leaving taxpayers on the hook. here is cnbc contributors, jared bernstein, and carly fiorina, former hewlett-packard ceo. and john batchelor. what do you think about the strategy by the president to attack private equity? is it a good one? no, i don t think it s a good one. it s clearly backfiring in his own party. it s a bad strategy for two reasons. i frankly find it breath taking that a president a
and this, julia roberts banned in the uk. we ll they you why. those stories and much more. the five starts right now. we re waiting on the host to hold a final vote on the boehner plan. quickly the highlights of the plan. the plan will cut and cap discretionary spend buying $917 over the next ten years, and louvre the debt ceiling to rise by $900 billion immediately. but this one, very importantly, no new revenue, no tax increase. after the bill passes, which i think it probably will, the democrats have three options. they have cut, cap and balance already passed. they have the boehner compromise passed. oh, this one, they have more obama economics, bob, which has failed. before we get started oh, no! i have in honor of my friend, greg, i ve gotten you all this t-shirt i have, which says i love the debt debate. here you go, greg. debt ceiling debate. whatever. bob, i will wear this when i go to bed and think of you. my nightshirt. i got you one. here you go.