Top Hedge Fund Managers the final four picks last week. Which was the first bracketo logist . Good morning, you are watching Market Makers. Im Erik Schatzker. Im stephanie ruhle. You are back. I was not sure i would come back then i look at the calendar april 1 who better to celebrate april fools day . It is not april 1. I am the house full. I came back early so i can enjoy april fools day tomorrow. You were so excited. One day early. Lets get to the news because i am screwing things up. Business stories. Federal reserve chairman janet yellen says the Central Bank Must continue its easy money policies in order to stimulate the job market. In a speech she is making in chicago this morning, she says the extraordinary commitment is still needed and will be for some time. Tapering itstarted bond buying program, noting there is some improvement in hiring. Rocks are popping on the news. The dow industrials up 150 points. Stocks are popping this morning. At t buying back stock. San diego beat
Great to have you here. Time for theis newsfeed, the top stories from around the world. In india, a historic defeat for the family that has governed the country for most of the past several decades. Outsition bloc led by modi that the congress party. Raul gadhi conceded defeat. Modi promised overhaul of the economy. Uber in talks that could end up tripling its valuation. According to people familiar with the matter, it is trying to raise more money in a round that would value the company more than 10 billion. Uber thus far rolled out its service in 115 cities around the world. Los angeles clippers owner Donald Sterling is fighting back. According to sports illustrated, he reportedly told the nba he will not pay the fine from last month and may sue the league. Nba banned him for life for racist remarks. Leagueow shot the itself cannot force them to sell the clippers, only the owners can. It is amazing, his resistance on this. Really interesting to see if he will succeed in fighting that
The presiding officer are any members wishing to vote or change their vote . If not, on this vote the yeas are 52. The nays are 48. Threefifths of the senate duly chosen and sworn not having voted in the affirmative, the motion is not agreed to. The clerk will report the motion to invoke cloture. The clerk cloture motion. We the undersigned senators in accordance with the provisions of rule 22 of the standing rules of the senate hereby move to bring to a close the debate on s. 1845, a bill to provide for the extension of certain Unemployment Benefits and for other purposes, signed by 17 senators. The presiding officer by unanimous consent, the mandatory quorum call has been waived. The question is, is it the sense of the senate that the debate on senate bill 1845, a bill to provide for the extension of certain Unemployment Benefits, and for other purposes shall be brought to a close . The yeas and nays are mandatory under the rule. The clerk will call the roll. Vote vote vote the presi
Companyslk about the expansion in the face of the recent bankruptcy filing by competitors. All that in more over the next hour. But first lets begin with General Motors. Lawmakers want to know why it will take a decade to recall automobiles with a defective part has been linked to 13 deaths. She said she does not know why it took so long but said she will get answers. Crexendo not turn back the clock. As soon as i learned about the problem we acted without hesitation. We told the world we had a problem that needed to be fixed. We did so because whatever mistakes were made in the past we will not shirk from our responsibilities now or in the future. Todays gm will do the right thing. Testifying before Congress Today about a recall involving automobiles that were made from 2005 did 2011. Typically they are either cobalt or various types of automobiles. The defect had to do with an ignition switch. The defect has been linked to nearly 13 deaths so far. Gm announced another recall of an ad
Yesterdays session. Among the stocks that soared yesterday united. Shares flew nearly 4 . Thats after united officials rang the opening bell Tuesday Morning including my cousin brett hartan executive vp. And general counsel with the company. A proud moment for me. After the close no reclining for lazboy shares. Last night the furniture maker reported earnings that topped wall streets view causing the stock to rise 6 . And students working on the campus of university of california will stage a 24 hour strike today to support Union Allegations of unfair labor practices. School officials hope cooler heads prevail. Theres our opening bell for today. Larry shover of sfg alternatives joins us on this wednesday. Larry is it a good time or a bad time for a first timer to get into the stock market . A tough question but slow and steady finishes the race. So dollar cost averaging into the stock market, being very diversified, not trying to chase the next best thing should be okay. What hints wil