And rampage at the navy yard. At least 13 are dead in a mass shooting at a federal installation blocks from the capitol and the white house. This is nightly Business Report for monday, september 16th. Good evening, everyone. Im tyler mathisen. And im sue herrera in for susie gharib. Stocks rallied today on news that former treasury secretary Larry Summers dropped out of the race to be the next chairman of the Federal Reserve. Saying his confirmation process would likely be acrimonious and it wouldnt serve the interests of the fed or the economy. Well talk more about summers decision and whats next for the fed in a moment. For today with summers out of contention traders believe the easy money policies will continue in the postbernanke era so the dow saw another tripledigit gain despite concerns about a horrific shooting alt a Navy Facility in washington, d. C. The dow closing well off the highs of the session but its still added 118 points. The s p was up 9. But the nasdaq ended down 4
Protests against austerity brings the italian city of rome to a standstill for a second consecutive day. Nine lebanese men are to return home, freed by syrian rebels. The group will cross Southern Turkey from syria. Rebels captured the men in may, who said they were returning from a religious trip to iran. Theres hope two Turkish Airline pilots abducted in bair ute in august will be released. We have correspondents in both countries. Well hear from turkey in a moment. First, Andrew Simmons is live in beirut. What is the situation there . Any word on when they might arrive . Thats the question. No one knows when this will happen. Theres a positive air here that it will happen before long. Im in a suburb of south bair ute, a shia area. All of the pilgrims came from the area, and some of their relatives have been talking to us earlier. Theres a widespread presence of lebanese media and a few International Media waiting for the event to take place. We spoke to a woman who is married. To on
Shooting at a federal installation blocks from the capitol and the white house. This is nightly Business Report for monday, september 16th. Good evening, everyone. Im tyler mathisen. And im sue herrera in for susie gharib. Stocks rallied today on news that former treasury secretary Larry Summers dropped out of the race to be the next chairman of the Federal Reserve. Saying his confirmation process would likely be acrimonious and it wouldnt serve the interests of the fed or the economy. Well talk more about summers decision and whats next for the fed in a moment. For today with summers out of contention traders believe the easy money policies will continue in the postbernanke era so the dow saw another tripledigit gain despite concerns about a horrific shooting alt a Navy Facility in washington, d. C. The dow closing well off the highs of the session but its still added 118 points. The s p was up 9. But the nasdaq ended down 4 points hurt by shares of apple which declined 3 on news that
Im tyler mathisen. And im sue herrera in for susie gharib. Stocks rallied today on news that former treasury secretary Larry Summers dropped out of the race to be the next chairman of the Federal Reserve. Saying his confirmation process would likely be acrimonious and it wouldnt serve the interests of the fed or the economy. Well talk more about summers decision and whats next for the fed in a moment. For today with summers out of contention traders believe the easy money policies will continue in the postbernanke era so the dow saw another tripledigit gain despite concerns about a horrific shooting alt a Navy Facility in washington, d. C. The dow closing well off the highs of the session but its still added 118 points. The s p was up 9. But the nasdaq ended down 4 points hurt by shares of apple which declined 3 on news that China Telecom was cutting back on sub ski dis for the iphone. Even before Lawrence Summers bowed out of the running to lead the Federal Reserve this was sure to be
Im tyler mathisen. And im sue herrera in for susie gharib. Stocks rallied today on news that former treasury secretary Larry Summers dropped out of the race to be the next chairman of the Federal Reserve. Saying his confirmation process would likely be acrimonious and it wouldnt serve the interests of the fed or the economy. Well talk more about summers decision and whats next for the fed in a moment. For today with summers out of contention traders believe the easy money policies will continue in the postbernanke era so the dow saw another tripledigit gain despite concerns about a horrific shooting alt a Navy Facility in washington, d. C. The dow closing well off the highs of the session but its still added 118 points. The s p was up 9. But the nasdaq ended down 4 points hurt by shares of apple which declined 3 on news that China Telecom was cutting back on sub ski dis for the iphone. Even before Lawrence Summers bowed out of the running to lead the Federal Reserve this was sure to be